-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 QUIaWvJ1b4AK4234R7ic1GCrwwap0WLpEUmZBztsZAMYp6eeb9eTK24Dwlx7n+5S
 ZU3ta/PNF/ojSNT1onRbVA==

<SEC-DOCUMENT>0001156973-06-001159.txt : 20061018
<SEC-HEADER>0001156973-06-001159.hdr.sgml : 20061018
<ACCEPTANCE-DATETIME>20061018062953
ACCESSION NUMBER:		0001156973-06-001159
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		22
CONFORMED PERIOD OF REPORT:	20061016
FILED AS OF DATE:		20061018
DATE AS OF CHANGE:		20061018

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			KONINKLIJKE PHILIPS ELECTRONICS NV
		CENTRAL INDEX KEY:			0000313216
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTRONIC & OTHER ELECTRICAL EQUIPMENT (NO COMPUTER EQUIP) [3600]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			P7
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-05146-01
		FILM NUMBER:		061149803

	BUSINESS ADDRESS:	
		STREET 1:		BREITNER CENTER
		STREET 2:		AMSTELPLEIN 2
		CITY:			AMSTERDAM
		STATE:			P7
		ZIP:			1096 BC
		BUSINESS PHONE:		31 20 59 77777

	MAIL ADDRESS:	
		STREET 1:		BREITNER CENTER
		STREET 2:		AMSTELPLEIN 2
		CITY:			AMSTERDAM
		STATE:			P7
		ZIP:			1096 BC

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PHILIPS ELECTRONICS N V
		DATE OF NAME CHANGE:	19930727

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PHILIPS NV
		DATE OF NAME CHANGE:	19910903
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>u50917e6vk.htm
<DESCRIPTION>FORM 6-K
<TEXT>
<HTML>
<HEAD>
<TITLE>e6vk</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">


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




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

<DIV align="center" style="font-size: 12pt"><B>Washington, D.C. 20549<BR>
<BR>
<DIV align="center"><DIV style="font-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV></B>
</DIV>

<DIV align="center" style="font-size: 18pt; margin-top: 12pt"><B>FORM 6-K</B>
</DIV>


<DIV align="center" style="font-size: 12pt; margin-top: 12pt"><B>REPORT OF FOREIGN ISSUER</B>
</DIV>


<DIV align="center" style="font-size: 12pt; margin-top: 12pt"><B>Pursuant to Rule&nbsp;13a-16 or 15d-16 of the<BR>
Securities Exchange Act of 1934</B>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>For the period commencing July&nbsp;18 through October&nbsp;16, 2006</B></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><DIV align="center"><DIV style="font-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV></DIV>

<DIV align="center" style="font-size: 24pt; margin-top: 12pt"><B>KONINKLIJKE PHILIPS ELECTRONICS N.V.</B>
</DIV>

<DIV align="center" style="font-size: 10pt">(Exact name of registrant as specified in its charter)</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>Royal Philips Electronics</B><BR>
(Translation of registrant&#146;s name into English)</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>The Netherlands</B><BR>
(Jurisdiction of incorporation or organization)</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>Breitner Center, Amstelplein 2, 1096 BC Amsterdam, The Netherlands</B><BR>
(Address of principal executive offices)</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Indicate by check mark whether the registrant files or will file annual reports under cover
Form 20-F or Form 40-F.
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt">Form&nbsp;20-F <FONT face="Wingdings">&#254;</FONT> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Form&nbsp;40-F <FONT face="Wingdings">&#111;</FONT>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation&nbsp;S-T Rule101(b)(1): <FONT face="Wingdings">&#111;</FONT>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation&nbsp;S-T Rule101(b)(7): <FONT face="Wingdings">&#111;</FONT>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Indicate by check mark whether the registrant by furnishing the information contained in this Form
is also thereby furnishing the information to the Commission pursuant to Rule&nbsp;12g3-2(b) under the
Securities Exchange Act of 1934.
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt">Yes <FONT face="Wingdings">&#111;</FONT> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; No <FONT face="Wingdings">&#254;</FONT>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt">Name and address of person authorized to receive notices<BR>
and communications from the Securities and Exchange Commission:</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt">E.P. Coutinho<BR>
Koninklijke Philips Electronics N.V.<BR>
Amstelplein 2<BR>
1096 BC Amsterdam &#150; The Netherlands</DIV>


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







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

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

<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">This report comprises a copy of the <I>Quarterly Report of the Philips Group </I>for the three months
ended September&nbsp;30, 2006 and a copy of each of following press releases entitled:
</DIV>


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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>-</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>&#147;Philips one of top climbers in brand value &#150; Interbrand&#148;, dated July&nbsp;28, 2006;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>-</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>&#147;Philips to sell majority stake in semiconductors business to private equity consortium KKR, Silver
Lake and Alpinvest&#148;, dated August&nbsp;3, 2006;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>-</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>&#147;Philips to complete its transformation from a cyclical technology company to a healthcare and
lifestyle company built around a strong brand&#148;, dated August&nbsp;3, 2006;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>-</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>&#147;Philips to sell Enabling Technologies Group to VDL Groep&#148;, dated August&nbsp;16, 2006;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>-</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>&#147;Philips completes acquisition of AVENT Holdings Ltd., dated September&nbsp;4, 2006;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>-</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>&#147;Philips to set up high power LED production facility in Singapore&#148;, dated September&nbsp;5, 2006;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>-</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>&#147;Philips notifies financial authorities of increase in shares held&#148;, dated September&nbsp;8, 2006;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>-</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>&#147;Philips to hold extraordinary general meeting of shareholders on October&nbsp;25, 2006 to cancel
repurchased shares&#148;, dated September&nbsp;11, 2006;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>-</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>&#147;NASA using Live 3D ultrasound imaging to learn how space travel affects the hearts of Space
Shuttle astronauts&#148;, dated September&nbsp;19, 2006;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>-</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>&#147;Philips updates market on Lighting business&#148;, dated September&nbsp;20, 2006;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR>

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>-</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>&#147;Philips completes sale of 80.1% stake in Semiconductors business to private equity consortium KKR,
Silver Lake, Bain Capital, Apax and AlpInvest&#148;, dated September&nbsp;29, 2006;
</TR>
<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>-</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>&#147;Philips announces divestment of Advanced Metrology Systems business unit&#148;, dated October&nbsp;6, 2006;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>-</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>&#147;Philips to transfer remaining mobile phone activities to CEC&#148;, dated October&nbsp;12, 2006.</TD>
</TR>

</TABLE>
</DIV>

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

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

<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused
this report to be signed on its behalf, by the undersigned, thereunto duly authorized at Amsterdam,
on the 16<SUP style="font-size: 85%; vertical-align: text-top">th</SUP> day of October&nbsp;2006.
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>KONINKLIJKE PHILIPS ELECTRONICS N.V.</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>/s/ G.J. Kleisterlee</B><BR>
(President, Chairman of the Board of Management)
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>/s/ P.J. Sivignon</B><BR>
(Chief Financial Officer, Member of the Board of Management)
</DIV>



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

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><IMG src="u50917u5091701.gif" alt="(GRAPHIC)">
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><IMG src="u50917u5091702.gif" alt="(GRAPHIC)">

</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><I>Forward-looking statements</I>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">This document contains certain forward-looking statements with respect to the financial condition,
results of operations and business of Philips and certain of the plans and objectives of Philips
with respect to these items (including, but not limited to, restructuring cost and cost savings),
in particular the outlook paragraph in this report.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">By their nature, forward-looking statements involve risk and uncertainty because they relate to
events and depend on circumstances that will occur in the future. There are a number of factors
that could cause actual results and developments to differ materially from those expressed or
implied by these forward-looking statements. These factors include, but are not limited to, levels
of consumer and business spending in major economies, changes in consumer tastes and preferences,
changes in law, the performance of the financial markets, pension costs, the levels of marketing
and promotional expenditures by Philips and its competitors, raw materials and employee costs,
changes in exchange and interest rates (in particular changes in the euro and the US dollar can
materially affect results), changes in tax rates and future business combinations, acquisitions or
dispositions and the rate of technological changes, political and military developments in
countries where Philips operates, Philips&#146; ability to secure short-term profitability and invest in
long-term growth, and industry consolidation.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Statements regarding market share, including as to Philips&#146; competitive position, contained in this
document are based on outside sources such as specialized research institutes, industry and dealer
panels in combination with management estimates. Where information is not yet available to Philips,
those statements may also be based on estimates and projections prepared by outside sources or
management. Rankings are based on sales unless otherwise stated.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><I>Use of non-US GAAP information</I>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">In presenting and discussing the Philips Group&#146;s financial position, operating results and cash
flows, management uses certain non-US GAAP financial measures. These non-US GAAP financial measures
should not be viewed in isolation as alternatives to the equivalent US GAAP measure(s) and should
be used in conjunction with the most directly comparable US GAAP measure(s). A discussion of the
non-US GAAP measures included in this document and a reconciliation of such measures to the most
directly comparable US GAAP measure(s) are contained in this document.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><I>Use of fair value measurements</I>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">In presenting the Philips Group&#146;s financial position, fair values are used for the measurement of
various items in accordance with the applicable accounting standards. These fair values are based
on market prices, where available, and are obtained from sources that are deemed to be reliable.
Users are cautioned that these values are subject to changes over time and are only valid at the
balance sheet date. When a readily determinable market value does not exist, fair values are
estimated using valuation models. The models that are used are appropriate for their purpose. They
require management to make significant assumptions with respect to future developments which are
inherently uncertain and may therefore deviate from actual developments. In certain cases,
independent valuations are obtained to support management&#146;s determination of fair values.
</DIV>


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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Report on the performance of the Philips Group</TD>
</TR>

</TABLE>
</DIV>

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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>&#151;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>all amounts in millions of euros unless otherwise stated; data included are unaudited</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>&#151;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>financial reporting according to US GAAP unless otherwise stated</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>&#151;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>restated for the sale of the Semiconductors and MDS businesses</TD>
</TR>

</TABLE>
</DIV>

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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>High-margin divisions report comparable sales growth of 8%
and EBIT increase of 12%<BR> <BR>
Group net income was EUR 4.2&nbsp;billion in the third quarter</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Sales increased by 1% in the third quarter to EUR 6,313&nbsp;million. Adjusted for the effects of
currency movements and consolidation changes, comparable sales increased by 5%, driven by strong
growth in the high-margin Medical Systems, DAP and Lighting divisions, partly offset by some
decline at CE as a consequence of the division&#146;s focus on margin improvement.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>EBIT in the quarter amounted to EUR 290&nbsp;million, before changes in estimation methodology for
asbestos-related product liabilities, which resulted in a charge, net of insurance recoveries, of EUR 265&nbsp;million. In Q3 2005, EBIT of EUR 353&nbsp;million included a
gain of EUR 136&nbsp;million due to the completion of the TPV deal. Excluding this gain, Medical
Systems, Lighting, DAP and CE delivered strong increases in profitability compared to Q3 2005.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Financial income and expenses resulted in income of EUR 32&nbsp;million, including gains of EUR 97
million from TSMC, compared to income of EUR 190&nbsp;million in Q3 2005. Last year&#146;s figure included
a gain of EUR 233&nbsp;million on the sale of the remaining stakes in Atos Origin and Great Nordic.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Unconsolidated companies recorded a loss of EUR 81&nbsp;million, which was wholly attributable to
lower results from LG.Philips LCD. Q3 2005 income of EUR 929&nbsp;million included a gain on the sale
of shares in TSMC (EUR 460&nbsp;million) and a sale of shares and dilution gain at LG.Philips LCD
totaling EUR 310&nbsp;million.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Net income of EUR 4,242&nbsp;million (EUR 3.57 per share) compared to EUR 1,436&nbsp;million (EUR 1.14 per
share) in the corresponding period of 2005. Income from discontinued operations was EUR 4,241
million, mainly due to the estimated gain on the sale of the Semiconductors division. Income
from continuing operations in Q3 2005 included EUR 1,003&nbsp;million from the sale of various stakes
and a dilution gain at LG.Philips LCD.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Cash flow from operating activities increased from EUR 246&nbsp;million in Q3 2005 to EUR 678&nbsp;million.
Compared to Q3 2005, inventories as a percentage of sales improved by 0.2% to 12.7%.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="right" style="font-size: 10pt; margin-top: 12pt"><IMG src="u50917u5091700.gif" alt="(PHILIPS LOGO)">
</DIV>


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


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

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

<DIV style="font-family: 'Times New Roman',Times,serif">


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



</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Gerard Kleisterlee,<BR>
Philips&#146; President and CEO:

</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&#147;It was a good quarter for Philips. We were able to build on our strong performance in the
first half of the year and deliver on our promise of continuing to grow our high-margin
businesses. We also posted a significant year-on-year improvement in the performance of our main
operating divisions.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The third quarter also marked a big step forward for Philips as we completed, as planned, the
sale of a majority stake in our Semiconductors business. With our portfolio now more sharply
focused on healthcare and lifestyle markets, we&#146;re increasingly well-placed to deliver
sustainable, profitable growth from our strong innovation and technology base.&#148;
</DIV>


<P align="left" style="font-size: 10pt"><!-- Folio -->2<!-- /Folio -->
</DIV>

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

<DIV style="font-family: 'Times New Roman',Times,serif">




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

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Highlights in the quarter
</DIV>


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


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="76%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>in millions of euros unless otherwise stated</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">Q3</TD>
    <TD style="border-bottom: 1px solid #000000">&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000">&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000"><B>Q3</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">2005</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2"><B>2006</B></TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Sales</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">6,265</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>6,313</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">EBIT</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">353</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>25</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">as a % of sales</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5.6</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>0.4</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Financial income and expenses</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">190</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>32</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Income taxes</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(71</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>27</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Results unconsolidated companies</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">929</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(81</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Minority interests</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(2</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Income from continuing operations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,401</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Discontinued operations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">35</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>4,241</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Net income</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,436</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>4,242</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Per common share (in euros) &#150; basic</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1.14</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>3.57</B></TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Net income</TD>
</TR>

</TABLE>
</DIV>

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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Net income amounted to EUR 4,242&nbsp;million (EUR 3.57 per share), compared to EUR 1,436&nbsp;million (EUR
1.14 per share) in the same period last year.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>EBIT included a charge of EUR 265&nbsp;million, net of insurance recoveries, related to a change in
estimation methodology for asbestos-related product liabilities. In Q3 2005, EBIT included a gain of
EUR 136&nbsp;million related to the TPV deal.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Excluding separately disclosed gains and charges, EBIT improved by EUR 92&nbsp;million compared to Q3 2005.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Financial income and expenses included income of EUR 97&nbsp;million related to TSMC. Q3 2005 included a
EUR 233&nbsp;million gain on the sale of the remaining stakes in Atos Origin and Great Nordic.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>In Q3 2005, results relating to unconsolidated companies were boosted by the sale of several stakes
and a dilution gain totaling EUR 770&nbsp;million.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The result from discontinued operations is mainly due to the estimated gain on the sale of the
Semiconductors division.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Sales by sector
</DIV>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="52%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>in millions of euros unless otherwise stated</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">Q3</TD>
    <TD style="border-bottom: 1px solid #000000">&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000">&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000"><B>Q3</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="6" style="border-bottom: 1px solid #000000"><B>% change</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">2005</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2"><B>2006</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2"><B>nominal</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2"><B>comparable</B></TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Medical Systems</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,531</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1,575</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>3</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>6</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">DAP</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">519</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>614</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>18</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>9</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">CE</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2,541</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>2,407</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(5</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(1</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Lighting</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,185</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1,370</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>16</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>10</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Other Activities</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">489</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>347</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(29</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>18</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Philips Group</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">6,265</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>6,313</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>5</B></TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Sales by sector</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Comparable sales for the Group increased
by 5% compared to Q3 2005 after adjustment
for the effect of currency movements and
consolidation changes; nominal sales
increased by 1%. Comparable sales showed
strong growth in all divisions except
Consumer Electronics.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Comparable sales at Medical Systems
increased by 6%, driven by double-digit
growth in Computed Tomography and X-ray.
DAP sales grew 9% on a comparable basis,
with growth visible in all businesses,
particularly Shaving &#038; Beauty and Oral
Healthcare. Within Consumer Electronics,
growth in Connected Displays and
Peripherals &#038; Accessories was offset by
declines in the remaining businesses.
Strong comparable growth in Lighting was
evident across all businesses.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Sales by region
</DIV>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="52%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>in millions of euros unless otherwise stated</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">Q3</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2"><B>Q3</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="6" style="border-bottom: 1px solid #000000"><B>% change</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">2005</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2"><B>2006</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2"><B>nominal</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2"><B>comparable</B></TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Europe/Africa</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2,662</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>2,680</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>5</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">North America</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,919</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1,979</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>3</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>6</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Latin America</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">482</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>440</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(9</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(5</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Asia Pacific</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,202</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1,214</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>8</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Philips Group</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">6,265</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>6,313</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>5</B></TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Sales by region</TD>
</TR>

</TABLE>
</DIV>

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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Comparable growth was led by Asia, notably double-digit sales increases at Medical Systems
and Lighting. In North America, all divisions contributed to the 6% comparable growth. Sales in
Europe grew by 5%, led by Lighting and CE. In Latin America, sales declined 5% compared to the
strong performance in Q3 2005.</TD>
</TR>

</TABLE>
</DIV>
<P align="right" style="font-size: 10pt"><!-- Folio -->3<!-- /Folio -->
</DIV>

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

<DIV style="font-family: 'Times New Roman',Times,serif">


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



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


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="76%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>in millions of euros unless otherwise stated</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">Q3</TD>
    <TD style="border-bottom: 1px solid #000000">&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000">&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">Q3</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">2005</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2"><B>2006</B></TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Medical Systems</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">155</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>186</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">DAP</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">91</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>94</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">CE</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">164</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>54</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Lighting</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">130</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>141</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Other Activities</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(61</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(327</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Unallocated</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(126</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(123</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Philips Group</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">353</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>25</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">as a % of sales</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5.6</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>0.4</B></TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


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

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="76%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>in millions of euros unless otherwise stated</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">Q3</TD>
    <TD style="border-bottom: 1px solid #000000">&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000">&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">Q3</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">2005</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2"><B>2006</B></TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Medical Systems</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">180</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>213</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">DAP</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">93</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>106</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">CE</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">164</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>54</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Lighting</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">131</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>149</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Other Activities</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(61</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(326</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Unallocated</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(128</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(125</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Philips Group</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">379</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>71</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">as a % of sales</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">6.0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1.1</B></TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Earnings before interest and tax (EBIT)</TD>
</TR>

</TABLE>
</DIV>

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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>EBIT at Medical Systems increased by EUR 31&nbsp;million, with improvement evident in most
businesses, particularly Computed Tomography.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>DAP&#146;s EBIT increased by EUR 3&nbsp;million, in spite of additional investments in the Consumer
Healthcare Solutions business and other incidental charges totaling EUR 10&nbsp;million.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Consumer Electronics&#146; EBIT of EUR 54&nbsp;million was EUR 26&nbsp;million higher than in Q3 2005,
excluding last year&#146;s EUR 136&nbsp;million gain on completion of the TPV deal. The increase in EBIT
was driven by the Connected Displays and Peripherals &#038; Accessories businesses.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>At Lighting, EBIT was EUR 11&nbsp;million higher than in Q3 2005 despite restructuring charges of
EUR 14&nbsp;million and other miscellaneous charges totaling EUR 18&nbsp;million.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Other Activities&#146; EBIT included a charge of EUR 265&nbsp;million, net of insurance recoveries,
related to a change in estimation methodology for asbestos-related product liabilities.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>EBIT of Unallocated was in line with Q3 2005.</TD>
</TR>

</TABLE>
</DIV>
<P align="left" style="font-size: 10pt"><!-- Folio -->4<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">


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



</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Financial income and expenses
</DIV>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="76%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>in millions of euros</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">Q3</TD>
    <TD style="border-bottom: 1px solid #000000">&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000">&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">Q3</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">2005</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2"><B>2006</B></TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Interest expenses (net)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(50</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(71</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Income from financial assets</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">242</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>98</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Other</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(2</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>5</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Total</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">190</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>32</B></TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Financial income and expenses</TD>
</TR>

</TABLE>
</DIV>

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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Net interest expense was EUR 21&nbsp;million
higher than in Q3 2005 as a result of a
higher average net debt level during the
quarter.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Income from financial assets included EUR
97&nbsp;million attributable to TSMC. Q3 2005
included a gain of EUR 233&nbsp;million on the
sale of the remaining stakes in Atos
Origin and Great Nordic.</TD>
</TR>

</TABLE>
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Results unconsolidated companies
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="76%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>in millions of euros</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">Q3</TD>
    <TD style="border-bottom: 1px solid #000000">&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000">&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">Q3</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">2005</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2"><B>2006</B></TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">LG.Philips LCD</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">379</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(85</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Other</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">550</TD>
    <TD nowrap>*</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>4</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Total</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">929</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(81</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<DIV align="left">
<DIV style="font-size: 3pt; margin-top: 16pt; width: 18%; border-top: 1px solid #000000">&nbsp;</DIV>
</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD width="96"></TD>
</TR>

<TR valign="top">
    <TD nowrap align="left">*</TD>
    <TD>&nbsp;</TD>
    <TD>Includes EUR 460&nbsp;million from sale of TSMC shares</TD>
</TR>

</TABLE>



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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Results relating to unconsolidated companies</TD>
</TR>

</TABLE>
</DIV>

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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The result relating to unconsolidated
companies is wholly attributable to
LG.Philips LCD. In Q3 2005, results were
boosted by the sale of a stake in TSMC
(EUR 460&nbsp;million) and by both a sale of
shares (EUR 121&nbsp;million) and a dilution
gain (EUR 189&nbsp;million) at LG.Philips LCD.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>In Q3 2005, TSMC was accounted for as an
equity investment, with income of EUR 103
million reported under results relating to
unconsolidated companies.</TD>
</TR>

</TABLE>
</DIV>
<P align="right" style="font-size: 10pt"><!-- Folio -->5<!-- /Folio -->
</DIV>

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

<DIV style="font-family: 'Times New Roman',Times,serif">


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



</TABLE>
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Cash balance
</DIV>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="76%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>in millions of euros</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">Q3</TD>
    <TD style="border-bottom:1px solid #000000">&nbsp;</TD>
    <TD style="border-bottom:1px solid #000000">&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">Q3</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">2005</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2"><B>2006</B></TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Beginning balance</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3,005</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>2,538</B></TD>
    <TD>&nbsp;</TD>
</TR>

<TR>
<TD>&nbsp;</TD>
</TR>


<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Net cash from operating activities</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">246</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>678</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Gross capital expenditures</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(162</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(218</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Acquisitions/divestments</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,549</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(721</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Other cash from investing activities</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(42</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Changes in debt/other</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(453</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(1,705</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Cash provided by discontinued operations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">156</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>6,742</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Ending balance</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4,344</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>7,272</B></TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Cash balance</TD>
</TR>

</TABLE>
</DIV>

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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The cash balance increased by EUR 4,734&nbsp;million during the quarter compared to an
increase of EUR 1,339&nbsp;million in Q3 2005, mainly as a result of the consideration
received for the sale of Semiconductors. Q3 2005 included EUR 1,714&nbsp;million proceeds
from the sale of stakes in TSMC, Atos Origin, LG.Philips LCD and Great Nordic.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The main cash outflows in the quarter were EUR 848&nbsp;million for the share repurchase
program, EUR 689&nbsp;million for the acquisition of Avent and a EUR 240&nbsp;million payment
of withholding tax for the transfer of TSMC shares, as reported in Q4 2005.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><IMG src="u50917u5091703.gif" alt="(BAR CHART)">
</DIV>


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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Cash flows from operating activities</TD>
</TR>

</TABLE>
</DIV>

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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Cash flows from operating activities improved by EUR 432&nbsp;million compared to Q3
2005, mainly driven by the higher level of operational income and the lower increase
in working capital attributable to tight inventory control.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>A cash contribution of EUR 101&nbsp;million was made to US pension plans.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><IMG src="u50917u5091704.gif" alt="(BAR CHART)">
</DIV>



<DIV align="left">
<DIV style="font-size: 3pt; margin-top: 16pt; width: 18%; border-top: 1px solid #000000">&nbsp;</DIV>
</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD width="96"></TD>
</TR>

<TR valign="top">
    <TD nowrap align="left">*</TD>
    <TD>&nbsp;</TD>
    <TD>Excluding gross capital expenditures related to Q3 2006 timing difference in the finalization of the sale of the Semiconductors business</TD>
</TR>

</TABLE>



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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Gross capital expenditures</TD>
</TR>

</TABLE>
</DIV>

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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Gross capital expenditures remained in line with Q3 2005. Additional investments at Lighting
were offset by a lower expenditure level at Other Activities.</TD>
</TR>

</TABLE>
</DIV>
<P align="left" style="font-size: 10pt"><!-- Folio -->6<!-- /Folio -->
</DIV>

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

<DIV style="font-family: 'Times New Roman',Times,serif">


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



</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><IMG src="u50917u5091705.gif" alt="(BAR CHART)">
</DIV>


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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Inventories</TD>
</TR>

</TABLE>
</DIV>

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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Inventories as a percentage of sales amounted to 12.7%, 0.2&nbsp;percentage points below Q3 2005.
Tight inventory and supply chain management at Medical Systems and Consumer Electronics
accounted for most of the reduction.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><IMG src="u50917u5091706.gif" alt="(BAR CHART)">
</DIV>


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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Net debt and group equity</TD>
</TR>

</TABLE>
</DIV>

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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The net debt of EUR 2.0&nbsp;billion reported at the end of Q2 2006 moved to a net cash position of
EUR 3.4&nbsp;billion, largely as a result of the consideration received on the sale of the
Semiconductors division.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Group equity increased by EUR 7.2&nbsp;billion compared to Q3 2005, primarily due to the change
from equity to fair- value investment accounting for TSMC and the estimated net gain from the
Semiconductors transaction.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><IMG src="u50917u5091707.gif" alt="(BAR CHART)">
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt">of
which discontinued operations 37,680 end Q3 2005 and 36,996 end Q2
2006
</DIV>


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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Employment</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The sale of the Semiconductors division resulted in a reduction of 38,144 employees in Q3 2006.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>In continuing operations, the number of employees increased by 4,196 during the quarter due to
new acquisitions, including Avent, and a demand-driven seasonal increase in temporary
employees at Consumer Electronics, DAP and Lighting.</TD>
</TR>

</TABLE>
</DIV>


<P align="right" style="font-size: 10pt"><!-- Folio -->7<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">


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


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Key data

</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="76%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 0px solid #000000">in millions of euros unless otherwise stated</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">Q3</TD>
    <TD style="border-bottom: 1px solid #000000">&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000">&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">Q3</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">2005</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2"><B>2006</B></TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Sales</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,531</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1,575</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Sales growth</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">% nominal</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">9</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>3</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">% comparable</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">7</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>6</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">EBITA</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">180</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>213</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">as a % of sales</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">11.8</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>13.5</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">EBIT</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">155</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>186</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">as a % of sales</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">10.1</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>11.8</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Net operating capital (NOC)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3,506</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>3,330</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Number of employees (FTEs) </DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">31,245            </TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>31,524</B></TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><IMG src="u50917u5091708.gif" alt="(BAR CHART)">
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><IMG src="u50917u5091709.gif" alt="(BAR CHART)">
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt; margin-left:3%">Business highlights
</DIV>


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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Philips launched a multi-year research agreement with the US medical and engineering
schools of Dartmouth College to develop new imaging capabilities for earlier detection and
treatment of heart disease, cancer and neurological diseases.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>In China, Philips joined forces with the Red Cross for the &#147;Philips Rural Healthcare
Program&#148; to support the central government in training 300 village doctors over the next 3
years and establishing 10 clinics and hospitals in rural areas.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Philips introduced a new release of its integrated cardiovascular information solution, the
Xcelera R2.1, which provides clinicians with access to relevant images and information on
patients &#150; including documentation, viewing, quantification and reporting tasks &#150; from a
single workspace.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt; margin-left:3%">Financial performance
</DIV>


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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Order intake for equipment grew 6% year-on-year on a currency-comparable basis, led by
Magnetic Resonance and Healthcare Informatics. Orders for iSite PACS more than doubled
compared to Q3 2005.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Sales of EUR 1,575&nbsp;million were a record for the third quarter. The 6% comparable sales
growth was primarily driven by double-digit growth in Computed Tomography and X-ray. From a
geographical perspective, Asia Pacific was the main contributor to this growth.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>As a result of the improved margins and a lower cost base, EBIT improved from EUR 155
million (or 10.1% of sales) in Q3 2005 to EUR 186&nbsp;million (or 11.8% of sales). Improvement in
profitability was evident across most businesses, particularly Computed Tomography.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The performance of Witt Biomedical exceeded expectations. Purchase-accounting-related
charges relating to the acquisition amounted to EUR 5&nbsp;million.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt; margin-left:3% ">Looking ahead
</DIV>


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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The acquisition of Intermagnetics is expected to be completed in Q4.
Purchase-accounting and related acquisition and integration charges are now estimated at EUR
75&nbsp;million.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Excluding these Intermagnetics-related charges, and the Q4 2005 accrual for MedQuist, we
expect margin in Q4, in amount and in percentage, to be above last year.</TD>
</TR>

</TABLE>
</DIV>
<P align="left" style="font-size: 10pt"><!-- Folio -->8<!-- /Folio -->
</DIV>

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

<DIV style="font-family: 'Times New Roman',Times,serif">


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



</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Domestic Appliances and Personal Care
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Key data

</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="76%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 0px solid #000000">in millions of euros unless otherwise stated</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">Q3</TD>
    <TD style="border-bottom: 1px solid #000000">&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000">&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">Q3</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">2005</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2"><B>2006</B></TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Sales</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">519</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>614</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Sales growth</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">% nominal</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">15</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>18</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">% comparable</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">13</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>9</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">EBITA</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">93</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>106</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">as a % of sales</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">17.9</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>17.3</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">EBIT</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">91</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>94</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">as a % of sales</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">17.5</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>15.3</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Net operating capital (NOC)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">569</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1,885</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Number of employees (FTEs)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">8,801</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>11,306</B></TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><IMG src="u50917u5091710.gif" alt="(BAR CHART)">
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><IMG src="u50917u5091711.gif" alt="(BAR CHART)">
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt; margin-left:3%">Business highlights
</DIV>


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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Philips completed its GBP 460&nbsp;million acquisition of Avent Holdings Ltd., a leading
provider of baby and infant feeding products with sales in more than 60 countries.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Philips&#146; online Bodygroom campaign won the Cannes Gold Cyber Lion advertising award.
Attracting over 1&nbsp;million visitors, the website helped exceed sales targets and Bodygroom
became a no. 1 selling item on Amazon.com.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Philips won an INKA award for most innovative company in 2006 from the German Fraunhofer
Institute in recognition of innovation and creativity at Philips DAP&#146;s Center of Competence in
Klagenfurt, Austria.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Philips forged a fashion industry alliance by sponsoring the Amsterdam and London Fashion
Weeks to showcase its new 3-in-1 Wardrobe Care Solution, which was launched in the UK in
September.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt; margin-left:3%">Financial performance
</DIV>


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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Sales grew 9% on a comparable basis compared with Q3 2005; the increase was evident
across all businesses, particularly Shaving &#038; Beauty and Oral Healthcare. Growth was visible
in all regions, with double-digit growth in most emerging markets, notably Latin America and
China.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The recently formed Consumer Healthcare Solutions business reported sales of EUR 36
million, most of which was attributable to Lifeline Systems. CHS reported an EBIT loss of EUR
9&nbsp;million, including purchase-accounting and miscellaneous charges of EUR 10&nbsp;million.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Excluding CHS, EBIT improved by EUR 12&nbsp;million compared to Q3 2005. At business level,
Shaving &#038; Beauty and Oral Healthcare drove the profitability improvement.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The increase in NOC and employee numbers is attributable to the acquisitions of Lifeline (in Q1) and Avent (in Q3).</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt ; margin-left:3%">Looking ahead
</DIV>


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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>DAP is expected to achieve its 15-16% EBIT margin target for 2006, prior to purchase-accounting charges.</TD>
</TR>


</TABLE>
</DIV>
<P align="right" style="font-size: 10pt"><!-- Folio -->9<!-- /Folio -->
</DIV>

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

<DIV style="font-family: 'Times New Roman',Times,serif">


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



</TABLE>
</DIV>

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


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Key data

</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="76%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 0px solid #000000">in millions of euros unless otherwise stated</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">Q3</TD>
    <TD style="border-bottom: 1px solid #000000">&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000">&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">Q3</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">2005</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2"><B>2006</B></TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Sales</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2,541</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>2,407</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Sales growth</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:45px; text-indent:-15px">% nominal</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">11</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(5</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">% comparable</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">8</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(1</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">EBITA</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">164</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>54</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">as a % of sales</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">6.5</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>2.2</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">EBIT</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">164</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>54</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">as a % of sales</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">6.5</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>2.2</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Net operating capital (NOC)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">212</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>192</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Number of employees (FTEs) </DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">16,570            </TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>16,142</B></TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><IMG src="u50917u5091712.gif" alt="(BAR CHART)">
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><IMG src="u50917u5091713.gif" alt="(BAR CHART)">
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt; margin-left:3%">Business highlights
</DIV>


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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Philips was recognized for its leadership in flat display technology, winning European
Imaging &#038; Sound Association (EISA)&nbsp;awards &#150; European High-End LCD TV, 2006-2007 for the
Philips Cineos Ambilight Flat TV, and European Green TV of the Year for one of its Flat TVs.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>At IFA &#150; Europe&#146;s largest consumer electronics show &#150; Philips showcased its world
leadership in HD display technology, premiering a 100-inch Ambilight Flat TV.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Philips announced the world&#146;s first DECT phone for Skype&#153; that works without a PC to
communicate via the Internet; it will be available in December&nbsp;2006.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Philips announced its intention to transfer its mobile phones activity to China Electronics
Corporation (CEC), providing a global license to market and sell mobile phones under the
Philips brand for 5&nbsp;years.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt; margin-left:3%">Financial performance
</DIV>


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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Sales of EUR 2,407&nbsp;million were below the level of Q3 2005, with growth in Connected
Displays and Peripherals &#038; Accessories being offset by declines in the remaining businesses.
As anticipated, growth in flat displays showed signs of deceleration. On the regional axis,
North America posted the strongest growth, with comparable sales 8% above Q3 2005.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Q3 2005 included a gain of EUR 136&nbsp;million on the deal with TPV. Excluding this gain, EBIT
was EUR 26&nbsp;million above Q3 2005, helped by an easing of over-supply in the channels and the
ongoing benefits of the business renewal program.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Net operating capital of EUR 192&nbsp;million was EUR 20&nbsp;million below Q3 2005, mainly due to
lower working capital.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt; margin-left:3%">Looking ahead
</DIV>


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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Sales in Q4 are expected to be in line with last year.</TD>
</TR>

</TABLE>
</DIV>
<P align="left" style="font-size: 10pt"><!-- Folio -->10<!-- /Folio -->
</DIV>

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

<DIV style="font-family: 'Times New Roman',Times,serif">


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



</TABLE>
</DIV>

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


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Key data

</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="76%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 0px solid #000000">in millions of euros unless otherwise stated</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">Q3</TD>
    <TD style="border-bottom: 1px solid #000000">&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000">&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">Q3</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">2005</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2"><B>2006</B></TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Sales</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,185</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1,370</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Sales growth</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">% nominal</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">7</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>16</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">% comparable</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>10</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">EBITA</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">131</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>149</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">as a % of sales</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">11.1</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>10.9</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">EBIT</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">130</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>141</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">as a % of sales</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">11.0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>10.3</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Net operating capital (NOC)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,721</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>2,697</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Number of employees (FTEs) </DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">44,559            </TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>48,753</B></TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><IMG src="u50917u5091714.gif" alt="(BAR CHART)">
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><IMG src="u50917u5091715.gif" alt="(BAR CHART)">
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt ; margin-left:3%">Business highlights
</DIV>


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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Philips acquired a plant in Singapore that it will convert into a high-power
light-emitting-diode (LED)&nbsp;plant to double its high-power LED production capacity by the end
of 2007.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>In Aachen, Germany, Philips produced its 3-million<SUP style="font-size: 85%; vertical-align: text-top">th</SUP> mercury-free xenon
headlight bulb. The company is the sole supplier of this &#145;green&#146; product to the automotive
industry.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>In India, Philips launched a pilot project for rural dwellers with limited access to
electricity that involves two rechargeable lighting products &#150; a weatherproof, portable lamp
for general illumination, and a hand-held, hand-cranked LED flashlight.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Working with handset manufacturers, Philips demonstrated a new version of the LED LUXEON&#174;
Flash, the first version to beat the light performance of xenon flash camera phones.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt; margin-left:3%">Financial performance
</DIV>


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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Sales amounted to EUR 1,370&nbsp;million, equivalent to 10% comparable growth compared to
Q3 2005, driven by all businesses, notably Automotive, Special Lighting &#038; UHP and Lighting
Electronics. Geographically, comparable sales growth in emerging markets was 18%, with the
strongest growth in Asia Pacific.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Sales growth at Lumileds is well on track to achieve a growth rate of 25% for the full
year.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>EBIT increased from EUR 130&nbsp;million to EUR 141&nbsp;million, including restructuring charges of
EUR 14&nbsp;million and other miscellaneous net charges totaling EUR 18&nbsp;million.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The increase in net operating capital and headcount was attributable to the consolidation
of Lumileds in Q4 2005.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt ; margin-left:3%">Looking ahead
</DIV>


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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The division will continue to launch innovative products and to focus on emerging markets.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The division is on track to achieve its longer- term sales growth target of 6%.</TD>
</TR>


</TABLE>
</DIV>
<P align="right" style="font-size: 10pt"><!-- Folio -->11<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">


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



</TABLE>
</DIV>

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


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Key data

</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="76%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 0px solid #000000">in millions of euros unless otherwise stated</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">Q3</TD>
    <TD style="border-bottom: 1px solid #000000">&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000">&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">Q3</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">2005</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2"><B>2006</B></TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Sales</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">489</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>347</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Sales growth</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">% nominal</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(18</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(29</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">% comparable</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(6</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>18</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Total EBITA</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(61</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(326</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">as a % of sales</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(12.5</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(93.9</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">EBIT Corporate Technologies</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(60</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(64</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">EBIT Corp. Investments and others</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(1</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(263</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR style="font-size: 1px">
    <TD style="border-top: 0px solid #000000"><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Total EBIT</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(61</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(327</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">as a % of sales</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(12.5</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(94.2</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Net operating capital (NOC)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">395</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(272</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Number of employees (FTEs) </DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">19,844</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>15,419</B></TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><IMG src="u50917u5091716.gif" alt="(BAR CHART)">
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><IMG src="u50917u5091717.gif" alt="(BAR CHART)">
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt ; margin-left:3%">Business highlights
</DIV>


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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Philips Research received funding from the research arm of the US Department of
Defense to lead a consortium to develop a new ultrasound-based technology that detects and
stems the internal bleeding of wounded soldiers.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>As part of the company&#146;s increasing steps into molecular medicine, Philips has taken a
minority stake in US-based BG Medicine &#150; a specialist in biomarkers used in molecular imaging
and diagnostics.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>In September, acclaimed German fashion designer, Anke Loh, presented her new collection,
which for the first time incorporated Lumalive textiles &#150; fabrics developed by Philips
Research that incorporate light-emitting diodes.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>In its August issue, I.D. (International Design) magazine featured four Philips products &#150;
the Wireless Music Center and Station WACS700, Digital Photo Display, Practix Convenio and LED
Pedestrian Luminaire &#150; out of 2000 entries.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt ; margin-left:3%">Financial performance Corporate Technologies
</DIV>


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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>EBIT showed a loss of EUR 64&nbsp;million, EUR 4&nbsp;million more than in Q3 2005 as a result
of additional R&#038;D investment, including in Molecular Healthcare.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Financial performance Corp. Investments/others
</DIV>


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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>EBIT included a charge of EUR 265&nbsp;million for asbestos-related product liabilities,
net of insurance recoveries.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Excluding this charge, Corporate Investments reported a slight improvement in EBIT, mainly
attributable to improved performance at the Enabling Technologies Group.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt ; margin-left:3%">Looking ahead
</DIV>


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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>As Corporate Investments continues to reduce its business portfolio, further
divestments can be expected in the fourth quarter.</TD>
</TR>



</TABLE>
</DIV>
<P align="left" style="font-size: 10pt"><!-- Folio -->12<!-- /Folio -->
</DIV>

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

<DIV style="font-family: 'Times New Roman',Times,serif">


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



</TABLE>
</DIV>

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


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Key data

</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="76%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 0px solid #000000">in millions of euros unless otherwise stated</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">Q3</TD>
    <TD style="border-bottom: 1px solid #000000">&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000">&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">Q3</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">2005</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2"><B>2006</B></TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Corporate and regional overheads</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(71</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(90</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Global brand campaign</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(13</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(13</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Pensions/postretirement benefit costs</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(42</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(20</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR style="font-size: 1px">
    <TD style="border-top: 0px solid #000000"><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Total EBIT</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(126</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(123</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Total EBITA</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(128</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(125</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Number of employees (FTEs)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2,397</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>2,420</B></TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><IMG src="u50917u5091718.gif" alt="(BAR CHART)">
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><IMG src="u50917u5091719.gif" alt="(BAR CHART)">
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><IMG src="u50917u5091720.gif" alt="(BAR CHART)">
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt ; margin-left:3%">Business highlights
</DIV>


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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Philips entered the top 50 global brands in a ranking by leading brand consultant
Interbrand, achieving the biggest increase in the electronics sector and advancing to the
48<SUP style="font-size: 85%; vertical-align: text-top">th</SUP> place with an estimated brand value of USD 6.7&nbsp;billion.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Philips showcased its commitment to its &#147;sense and simplicity&#148; brand promise at a
Simplicity Event in London; featuring future well-being and lifestyle concepts and
soon-to-launch products, the event attracted 1,600 key stakeholders.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>As part of the company&#146;s drive for further improvements in supply management, Philips
increased purchasing via e-auctions more than fourfold during the first three quarters of 2006
compared to the same period in 2005.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Philips climbed the Dow Jones Sustainability Indexes from 77 to 82 points out of 100,
gaining in all three fields &#150; social, economic and environmental &#150; and ranking 1st in the
Leisure sector.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>For the 2<SUP style="font-size: 85%; vertical-align: text-top">nd</SUP> year in a row, Philips won the Guangming Daily Corporate Social
Responsibility Award in a ranking of 200 foreign multinationals by China&#146;s
4<SUP style="font-size: 85%; vertical-align: text-top">th</SUP>-largest public-owned media group.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt ; margin-left:3%">Financial performance
</DIV>


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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>EBIT of Corporate and Regional Overheads was EUR 19&nbsp;million lower than in Q3 2005,
mainly due to implementation costs related to compliance with section 404 of the
Sarbanes-Oxley Act.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Pension and post-retirement benefit costs were EUR 22&nbsp;million lower than in Q3 2005.
Increased costs for employees in North America were more than compensated by lower costs in
the Netherlands.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt ; margin-left:3%">Looking ahead
</DIV>


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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Investments in the brand campaign are expected to be approximately EUR 85&nbsp;million in Q4.</TD>
</TR>


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

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

<DIV style="font-family: 'Times New Roman',Times,serif">


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



</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Additional information on the sale of Semiconductors in Q3
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Enterprise value

</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="88%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 0px solid #000000">in millions of euros</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000"><B>Q3</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2"><B>2006</B></TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Enterprise value</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>8,275</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">SSMC minority interest</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(200</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Unrecognized pension liability</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(150</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Other</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>41</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD style="border-top: 0px solid #000000"><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Consideration</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>7,966</B></TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


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

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="88%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 0px solid #000000">in millions of euros</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000"><B>Q3</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2"><B>2006</B></TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Net cash consideration</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>7,068</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Retained interest 19.9%</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>857</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Other</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>41</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD style="border-top: 0px solid #000000"><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Consideration</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>7,966</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Net assets divested</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(2,806</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Cumulative translation differences and other transaction-related items</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(403</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR style="font-size: 1px">
    <TD style="border-top: 0px solid #000000"><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Gross deal result</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>4,757</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Tax on transaction</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(570</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR style="font-size: 1px">
    <TD style="border-top: 0px solid #000000"><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Net deal result</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>4,187</B></TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt; margin-left: 3%">Sale of 80.1% of the Semiconductors division
</DIV>


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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>On September&nbsp;29, Philips announced that it had completed the sale of an 80.1% stake in
its Semiconductors business to a private equity consortium led by Kohlberg Kravis Roberts &#038;
Co. (KKR). The business has meanwhile been renamed &#145;NXP Semiconductors&#146;.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Philips has retained a 19.9% stake in NXP Semiconductors &#150; initially at fair value and
recorded on the balance sheet at cost as an investment in Unconsolidated companies.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Based on an estimated enterprise value of EUR 8,275&nbsp;million, the total consideration for
the sale the Semiconductors business was EUR 7,966&nbsp;million.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>After tax and transaction-related costs, a net deal gain of EUR 4,187&nbsp;million was
recognized in Q3.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>It is estimated that the net cash consideration of EUR 7,068&nbsp;million will result in a net
cash inflow (proceeds)&nbsp;of approximately EUR 6.4&nbsp;billion, after the final settlement of taxes
and other transaction-related items.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Charges due to the settlement of certain Semiconductors- related pension obligations will
be recorded in 2007. These charges, to be reported under income from discontinued operations,
are expected to be approximately EUR 75&nbsp;million, before tax.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Management has used estimations in the calculation of the net deal result. Final results
could differ from the amounts presented.</TD>
</TR>


</TABLE>
</DIV>
<P align="left" style="font-size: 10pt"><!-- Folio -->14<!-- /Folio -->
</DIV>

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

<DIV style="font-family: 'Times New Roman',Times,serif">


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



</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Highlights in the 1<SUP style="font-size: 85%; vertical-align: text-top">st</SUP> nine months
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The 1<SUP style="font-size: 85%; vertical-align: text-top">st</SUP> nine months of 2006

</DIV>

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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Net income of EUR 4,703&nbsp;million, including the gain on the sale of the Semiconductors division</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Comparable sales up 8%, driven by double-digit growth at DAP and CE</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>EBIT of EUR 518&nbsp;million</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Unconsolidated companies showing a loss of EUR 187&nbsp;million due to LG.Philips LCD</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Income from discontinued operations of EUR 4,335&nbsp;million, which includes both Semiconductors&#146; operational results and the gain on the deal</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Net debt : group equity ratio was (16) : 116 at the end of Q3.</TD>
</TR>

</TABLE>
</DIV>

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

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="76%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 0px solid #000000">in millions of euros unless otherwise stated</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="6" style="border-bottom: 0px solid #000000">January-September</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">2005</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2"><B>2006</B></TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Sales</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">17,584</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>18,848</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">EBIT</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">677</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>518</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">as a % of sales</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3.9</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>2.7</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Financial income and expenses</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">85</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>136</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Income taxes</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(21</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(89</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Results unconsolidated companies</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,800</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(187</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Minority interests</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(9</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(10</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR style="font-size: 1px">
    <TD style="border-top: 0px solid #000000"><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Income from continuing operations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2,532</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>368</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Discontinued operations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>4,335</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD style="border-top: 0px solid #000000"><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Net income</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2,536</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>4,703</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Per common share (in euros) &#150; basic</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2.01</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>3.96</B></TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt ;margin-left:3%">Management summary
</DIV>


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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Net income showed a profit of EUR 4,703&nbsp;million, compared to EUR 2,536&nbsp;million in the
first nine months of 2005.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Sales amounted to EUR 18,848&nbsp;million, 7% higher than in the same period last year. The
downward effect of consolidation changes was only partly offset by the upward currency effect,
leading to comparable sales growth of 8% compared to the first nine months of 2005.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Comparable sales grew at all main divisions, with double-digit growth at DAP (10%) and CE
(10%). Lighting (9%) and Medical Systems (8%) also showed strong growth, while Corporate
Investments declined by 4%.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>EBIT was EUR 518&nbsp;million, compared to EUR 677&nbsp;million in the same period last year. EBIT
increased in all divisions except Consumer Electronics (due to last year&#146;s gain on the TPV
transaction) and Other Activities (impacted by the Q3 2006 additional asbestos-related
charge).</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The negative result from unconsolidated companies was mainly due to the loss incurred by
LG.Philips LCD; last year&#146;s result included gains from the sale of shares in TSMC, LG.Philips
LCD and NAVTEQ.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Income from discontinued operations of EUR 4,335&nbsp;million includes both the operational
results of Semiconductors for the year to September&nbsp;29 as well as the deal result from the
sale of the division in Q3 2006.</TD>
</TR>

</TABLE>
</DIV>

<P align="right" style="font-size: 10pt"><!-- Folio -->15<!-- /Folio -->
</DIV>

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

<DIV style="font-family: 'Times New Roman',Times,serif">

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


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Other information

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

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">On August&nbsp;3, 2006 the Company announced that it would return a total of EUR 4&nbsp;billion to its
shareholders by the end of 2007 through a combination of dividends and share repurchases. This EUR
4&nbsp;billion includes the EUR 1.5&nbsp;billion share buyback program for capital reduction purposes
announced in July&nbsp;2006.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The current EUR 1.5&nbsp;billion share buyback, which forms part of the EUR 4&nbsp;billion, will be expanded
and we expect to complete share repurchases of up to EUR 2.5&nbsp;billion by the end of this year.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Subject to approval of the proposals put before the Extraordinary General Meeting of Shareholders,
the Company intends, starting at the beginning of 2007, to return the remaining part of the EUR 4
billion through share buybacks from holders who are tax-exempt or are able to achieve tax
compensation.
</DIV>

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

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Judicial proceedings have been brought in the United States relating primarily to the activities of
a subsidiary prior to 1981, involving allegations of personal injury from alleged asbestos
exposure.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Historically, the subsidiary has established an accrual for loss contingencies with respect to
asserted claims for asbestos product liability. However, an accrual for loss contingencies with
respect to unasserted claims has not been established in prior periods since this liability could
not be reasonably estimated in accordance with SFAS No.&nbsp;5 (see page 164 Annual Report 2005).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">In the third quarter of 2006, in light of additional claims history experienced by the Company&#146;s
subsidiary and other changed circumstances, a third-party expert provided the
</DIV>
<P align="left" style="font-size: 10pt"><!-- Folio -->16<!-- /Folio -->
</DIV>

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

<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Company with a
projection of the subsidiary&#146;s liability for pending and unasserted potential future
asbestos-related
</DIV>

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

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">claims, and provided such a projection through 2016. Accordingly, the subsidiary increased
its accrual for loss contingencies related to asbestos product liability for claims asserted
through 2016 to EUR 398&nbsp;million, representing the undiscounted estimate of indemnity costs at
September&nbsp;30, 2006.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">This resulted in a pre-tax charge to earnings of EUR 331&nbsp;million at the end of the third quarter.
During the third quarter of 2006, the amount of related insurance recoveries recognized in pre-tax
earnings totaled EUR 66&nbsp;million, reflecting agreements in place with insurance carriers.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">In light of the inherent uncertainties involved in long-term forecasts of asbestos claims, the
Company cannot assess in accordance with SFAS No.&nbsp;5 the impact that claims asserted after 2016 may
have on its consolidated financial position and results of operation. If actual experience differs
significantly from the assumptions made in forecasting future liabilities, the Company&#146;s
consolidated financial position and results of operations could be materially affected.
</DIV>



<P align="right" style="font-size: 10pt"><!-- Folio -->17<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">


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

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="0%">&nbsp;</TD>
    <TD width="0%">&nbsp;</TD>
    <TD width="99%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Subsequent events </TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Philips announced on October&nbsp;12 that it has signed a letter of intent to transfer its
remaining mobile phone activities to China Electronics Corporation (CEC). CEC will take over
the responsibility for Philips&#146; Mobile Phones business, which currently has an annual
turnover of approximately EUR 400&nbsp;million and approximately 240 employees, mainly in Asia
Pacific and Eastern Europe.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Under the terms of the letter of intent, CEC will receive a global license to market and sell
mobile phones under the Philips brand for the coming five years.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">The transaction is still subject to confirmatory due diligence. The transaction will be
conditional on all required shareholder, government and regulatory approvals and consents and
is expected to be completed by the end of 2006.</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="left" style="font-size: 10pt"><!-- Folio -->18<!-- /Folio -->
</DIV>

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

<DIV style="font-family: 'Times New Roman',Times,serif">


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

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="0%">&nbsp;</TD>
    <TD width="0%">&nbsp;</TD>
    <TD width="99%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Outlook </TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">We expect the fourth quarter to round out what has already been a very good year for the
Company. The planned completion of the Intermagnetics acquisition will help further
strengthen our Medical business, and we anticipate making further value-adding acquisitions
consistent with our strategic direction.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">We will continue to invest heavily in the brand and, reflecting our commitment to create
value for investors, will continue to return cash to our shareholders.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Amsterdam, October&nbsp;16, 2006</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Board of Management</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<P align="right" style="font-size: 10pt"><!-- Folio -->19<!-- /Folio -->
</DIV>

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

<DIV style="font-family: 'Times New Roman',Times,serif">





<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 3%">Consolidated statements of income
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 3%">all amounts in millions of euros unless otherwise stated
<BR>restated for the sale of the Semiconductors and MDS businesses
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="52%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="6" style="border-bottom: 1px solid #000000">3<SUP style="font-size: 85%; vertical-align: text-top">rd</SUP> quarter</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="6" style="border-bottom: 1px solid #000000">January to September</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">2005</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">2006</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">2005</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">2006</TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Sales</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">6,265</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>6,313</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">17,584</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>18,848</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Cost of sales</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(4,351</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(4,580</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(12,113</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(13,246</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Gross margin</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,914</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1,733</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5,471</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>5,602</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Selling expenses</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(1,112</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(1,074</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(3,146</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(3,252</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">General and administrative expenses</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(211</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(252</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(667</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(743</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Research and development expenses</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(404</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(395</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(1,188</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(1,204</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Write-off of acquired in-process R&#038;D</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>&#151;</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(3</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Other business income (expense)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">166</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>13</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">207</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>118</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Income from operations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">353</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>25</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">677</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>518</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Financial income and expenses</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">190</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>32</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">85</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>136</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Income before taxes</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">543</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>57</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">762</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>654</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Income tax expense</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(71</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>27</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(21</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(89</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Income after taxes</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">472</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>84</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">741</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>565</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Results relating to unconsolidated
companies, including a year-to-date net
dilution gain of EUR 16&nbsp;million (gain of
EUR 165&nbsp;million in the 3<SUP style="font-size: 85%; vertical-align: text-top">rd</SUP>
quarter of 2005)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">929</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(81</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,800</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(187</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Minority interests</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(2</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(9</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(10</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Income from continuing operations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,401</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2,532</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>368</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Discontinued operations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">35</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>4,241</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>4,335</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Net income</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,436</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>4,242</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2,536</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>4,703</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Weighted average number of common shares
outstanding (after deduction of treasury
stock) during the period (in thousands):</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>&#149;</B> basic</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,259,133</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1,188,121</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>&#149;</B> diluted</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,261,517</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1,195,750</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Net income per common share in euros:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>&#149;</B> basic</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1.14</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>3.57</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2.01</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>3.96</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>&#149;</B> diluted</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1.14</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>3.55</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2.01</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>3.93</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Ratios</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Gross margin as a % of sales</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">30.6</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>27.5</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">31.1</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>29.7</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Selling expenses as a % of sales</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(17.7</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(17.0</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(17.9</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(17.3</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">G&#038;A expenses as a % of sales</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(3.4</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(4.0</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(3.8</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(3.9</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">R&#038;D expenses as a % of sales</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(6.4</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(6.3</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(6.8</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(6.4</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">EBIT or Income from operations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">353</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>25</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">677</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>518</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">as a % of sales</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5.6</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>0.4</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3.9</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>2.7</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">EBITA</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">379</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>71</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">748</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>640</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">as a % of sales</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">6.0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1.1</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4.3</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>3.4</B></TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<P align="left" style="font-size: 10pt"><!-- Folio -->20<!-- /Folio -->
</DIV>

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

<DIV style="font-family: 'Times New Roman',Times,serif">





<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 3%">Consolidated balance sheets
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 3%">all amounts in millions of euros unless otherwise stated
<BR>restated for the sale of the Semiconductors and MDS businesses
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="64%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">Sept. 30,</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">Dec. 31,</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2"><B>Sept. 30,</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">2005</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">2005</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000"><B>2006</B></TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Current assets:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Cash and cash equivalents</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4,344</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5,293</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>7,272</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Securities</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>173</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Receivables</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4,679</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4,638</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>4,732</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Current assets of discontinued operations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,539</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,462</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>&#151;</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Inventories</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3,289</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2,797</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>3,435</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Other current assets</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">850</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">894</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1,084</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Total current assets</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">14,701</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">15,084</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>16,696</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Non-current assets:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Investments in unconsolidated companies</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5,563</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5,399</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>4,067</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Other non-current financial assets</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">573</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">673</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>6,564</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Non-current receivables</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">167</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">213</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>204</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Non-current assets of discontinued operations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2,642</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2,511</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>&#151;</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Other non-current assets</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3,332</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3,231</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>3,860</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Property, plant and equipment</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2,881</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3,019</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>3,157</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Intangible assets excluding goodwill</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">971</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,240</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1,611</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Goodwill</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,973</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2,535</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>3,216</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:30px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Total assets</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">32,803</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">33,905</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>39,375</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Current liabilities:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Accounts and notes payable</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3,131</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3,457</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>3,311</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Current liabilities of discontinued operations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">965</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,044</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>&#151;</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Accrued liabilities</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3,149</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3,281</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>3,415</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Short-term provisions</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">810</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">807</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1,304</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Other current liabilities</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">570</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">657</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>581</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Short-term debt</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">967</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,167</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>870</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Total current liabilities</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">9,592</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">10,413</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>9,481</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Non-current liabilities:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Long-term debt</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3,377</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3,320</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>3,039</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Long-term provisions</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,971</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,903</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>2,167</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Non-current liabilities of discontinued operations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">345</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">341</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>    <TD align="right"><B>&#151;</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Other non-current liabilities</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">799</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,103</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>745</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Total liabilities</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">16,084</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">17,080</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>15,432</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Minority interests</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">181</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">159</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>140</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Stockholders&#146; equity</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">16,538</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">16,666</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>23,803</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:30px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Total liabilities and equity</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">32,803</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">33,905</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>39,375</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Number of common shares outstanding (after deduction
of treasury stock) at the end of
period (in thousands)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,232,102</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,201,358</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1,157,592</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Ratios</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Stockholders&#146; equity per common share in euros</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">13.42</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">13.87</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>20.56</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Inventories as a % of sales</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">12.9</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">10.9</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>12.7</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Net debt : group equity</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0:100</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">(5):105</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>(16):116</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Net operating capital</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5,912</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5,679</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>8,960</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Employees at end of period
of which discontinued operations 37,680 end Sept.
2005, and 37,417 end Dec. 2005</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">161,096</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">159,226</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>125,564</B></TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<P align="right" style="font-size: 10pt"><!-- Folio -->21<!-- /Folio -->
</DIV>

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

<DIV style="font-family: 'Times New Roman',Times,serif">





<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 3%">Consolidated statements of cash flows <SUP style="font-size: 85%; vertical-align: text-top">*</SUP>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 3%">all amounts in millions of euros
<BR>restated for the sale of the Semiconductors and MDS businesses
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="52%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="6" style="border-bottom: 1px solid #000000">3<SUP style="font-size: 85%; vertical-align: text-top">rd</SUP> quarter</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="6" style="border-bottom: 1px solid #000000">January to September</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">2005</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">2006</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">2005</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">2006</TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><I>Cash flows from operating activities:</I></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Net income</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,436</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>4,242</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2,536</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>4,703</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">(Income) loss discontinued operations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(35</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(4,241</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(4</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(4,335</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Adjustments to reconcile income to net cash provided by operating activities:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Depreciation and amortization</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">175</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>214</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">516</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>584</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Impairment of equity investments</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>&#151;</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>8</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Net gain on sale of assets</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(958</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(11</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(1,724</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(108</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Unconsolidated companies (net of dividends received)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(126</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>78</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(156</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>132</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Minority interests (net of dividends paid)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(7</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(34</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">11</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>10</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">(Increase) decrease in working capital/other current assets</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(213</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(281</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(1,155</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(927</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">(Increase) decrease in non-current receivables/other assets</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(110</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>428</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(333</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(300</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Increase (decrease)&nbsp;in provisions</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">73</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>152</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(23</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>105</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Other items</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">11</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>131</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">14</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(95</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Net cash provided by (used for) operating activities</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">246</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>678</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(318</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(223</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><I>Cash flows from investing activities:</I></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Purchase of intangible assets</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(16</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(19</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(48</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(68</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Capital expenditures on property, plant and equipment</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(162</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(218</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(463</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(584</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Proceeds from disposals of property, plant and equipment</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">20</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>19</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">86</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>62</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Cash from (to)&nbsp;derivatives</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(1</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(42</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(34</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(113</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Proceeds from sale (purchase)&nbsp;of other non-current financial assets</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">619</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>10</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">617</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>10</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Proceeds from sale (purchase)&nbsp;of businesses</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">930</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(731</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,795</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(1,418</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Net cash provided by (used for) investing activities</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,390</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(981</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,953</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(2,111</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><I>Cash flows from financing activities:</I></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Increase (decrease)&nbsp;in debt</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(106</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(729</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(432</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(504</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Treasury stock transactions</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(337</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(795</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(1,036</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(1,202</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Dividends paid</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>&#151;</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(504</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(523</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Net cash provided by (used for) financing activities</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(443</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(1,524</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(1,972</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(2,229</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Net cash provided by (used for) continuing operations</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,193</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(1,827</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(337</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(4,563</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><I>Cash flows from discontinued operations</I>.</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Net cash provided by (used for) operating activities</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">249</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(158</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">500</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>191</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Net cash provided by (used for) investing activities</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(93</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>6,900</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(259</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>6,633</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Net cash provided by (used for) financing activities</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>&#151;</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>&#151;</B></TD>


</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Net cash provided by (used for) discontinued operations</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">156</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>6,742</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">241</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>6,824</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Net cash provided by (used for) continuing and discontinued operations</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,349</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>4,915</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(96</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>2,261</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Effect of change in consolidations and exchange rates on cash positions</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(10</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(181</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">91</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(282</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Cash and cash equivalents at beginning of period</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3,005</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>2,538</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4,349</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>5,293</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Cash and cash equivalents at end of period</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4,344</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>7,272</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4,344</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>7,272</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Ratio</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Cash flows before financing activities</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,636</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(303</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,635</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(2,334</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<DIV align="left">
<DIV style="font-size: 3pt; margin-top: 16pt; width: 18%; border-top: 1px solid #000000">&nbsp;</DIV>
</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD width="96"></TD>
</TR>

<TR valign="top">
    <TD nowrap align="left">*</TD>
    <TD>&nbsp;</TD>
    <TD>For a number of reasons, principally the effects of translation differences and consolidation changes, certain items in the statements of cash flows do not correspond to the
differences between the balance sheet amounts for the respective items.</TD>
</TR>

</TABLE>


<P align="left" style="font-size: 10pt"><!-- Folio -->22<!-- /Folio -->
</DIV>

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

<DIV style="font-family: 'Times New Roman',Times,serif">







<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 3%">Consolidated statement of changes in stockholders&#146; equity
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 3%">all amounts in millions of euros
</DIV>
<DIV align="center">
<TABLE style="font-size: 7pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="33%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 6pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" colspan="42" style="border-bottom: 1px solid #000000">January to September 2006</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 6pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="18" style="border-bottom: 1px solid #000000">Accumulated other comprehensive income (loss)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" colspan="6" style="border-bottom: 1px solid #000000">Treasury shares at cost</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 6pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">Changes</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 6pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">Unrealized</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">in fair</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 6pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">Capital</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">gain (loss)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">Additional</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">value of</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 6pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">in excess</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">Currency</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">on available-</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">minimum</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">cash</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">To hedge</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 6pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">Common</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">of par</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">Retained</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">translation</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">for-sale</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">pension</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">flow</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">share-based</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">To cover capital</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">Total stockholders&#146;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 6pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">stock</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">value</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">earnings</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">differences</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">securities</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">liability</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">hedges</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">Total</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">compensation plans</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">reduction program</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">equity</TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Balance as of December&nbsp;31, 2005</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">263</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">82</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">21,710</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(1,886</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(10</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(545</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(29</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(2,470</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(1,333</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(1,586</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">16,666</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Net income</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4,703</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4,703</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Net current period change</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(176</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3,637</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">214</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">53</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3,728</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3,728</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Reclassifications into income</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">395</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(13</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">382</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">382</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Total comprehensive income, net of tax</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4,703</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">219</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3,637</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">214</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">40</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4,110</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">8,813</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Reduction authorized share capital</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(17</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(1,983</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2,000</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Dividend paid</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(523</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(523</TD>
    <TD nowrap>)</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Purchase of treasury stock</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(118</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(1,262</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(1,380</TD>
    <TD nowrap>)</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Re-issuance of treasury stock</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(109</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(83</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">392</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">200</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Share-based compensation plans</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">27</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">27</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Balance as of September&nbsp;30, 2006</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>246</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>0</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>23,824</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(1,667</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>3,627</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(331</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>11</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1,640</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(1,059</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(848</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>23,803</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
        <TD nowrap colspan="2" align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
        <TD nowrap colspan="2" align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
        <TD nowrap colspan="2" align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
        <TD nowrap colspan="2" align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
        <TD nowrap colspan="2" align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
        <TD nowrap colspan="2" align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
        <TD nowrap colspan="2" align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
        <TD nowrap colspan="2" align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
        <TD nowrap colspan="2" align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
        <TD nowrap colspan="2" align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
        <TD nowrap colspan="2" align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<P align="right" style="font-size: 10pt"><!-- Folio -->23<!-- /Folio -->
</DIV>

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

<DIV style="font-family: 'Times New Roman',Times,serif">





<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 3%">Sectors
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 3%">all amounts in millions of euros unless otherwise stated
<BR>restated for the sale of the Semiconductors and MDS businesses
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Sales and income from operations
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="28%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="22" style="border-bottom: 1px solid #000000">3<SUP style="font-size: 85%; vertical-align: text-top">rd</SUP> quarter</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="10" style="border-bottom: 1px solid #000000">2005</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="10" style="border-bottom: 1px solid #000000">2006</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 0px solid #000000">Sales</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="6" style="border-bottom: 1px solid #000000">Income from operations</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 0px solid #000000">Sales</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="6" style="border-bottom: 1px solid #000000">Income from operations</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">as a % of</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">as a % of</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">amount</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">sales</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">amount</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">sales</TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Medical Systems</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,531</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">155</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">10.1</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1,575</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>186</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>11.8</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">DAP</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">519</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">91</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">17.5</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>614</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>94</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>15.3</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Consumer Electronics</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2,541</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">164</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">6.5</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>2,407</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>54</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>2.2</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Lighting</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,185</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">130</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">11.0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1,370</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>141</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>10.3</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Other Activities</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">489</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(61</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(12.5</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>347</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(327</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(94.2</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Unallocated</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(126</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(123</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Total</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">6,265</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">353</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5.6</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>6,313</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>25</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>0.4</B></TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="28%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="22" style="border-bottom: 1px solid #000000">January to September </TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="10" style="border-bottom: 1px solid #000000">2005</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="10" style="border-bottom: 1px solid #000000">2006</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 0px solid #000000">Sales</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="6" style="border-bottom: 1px solid #000000">Income from operations</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 0px solid #000000">Sales</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="6" style="border-bottom: 1px solid #000000">Income from operations</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">as a % of</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">as a % of</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">amount</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">sales</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">amount</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">sales</TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Medical Systems</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4,314</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">412</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">9.6</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>4,674</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>484</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>10.4</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">DAP</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,407</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">191</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">13.6</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1,682</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>222</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>13.2</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Consumer Electronics</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">6,953</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">272</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3.9</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>7,314</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>157</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>2.1</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Lighting</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3,429</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">399</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">11.6</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>4,011</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>494</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>12.3</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Other Activities</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,481</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(180</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(12.2</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1,167</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(451</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(38.6</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Unallocated</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(417</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(388</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Total</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">17,584</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">677</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3.9</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>18,848</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>518</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>2.7</B></TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="left" style="font-size: 10pt"><!-- Folio -->24<!-- /Folio -->
</DIV>

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

<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 3%">Sectors and main countries
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 3%">all amounts in millions of euros
<BR>restated for the sale of the Semiconductors and MDS businesses
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Sales and total assets
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="52%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="6" style="border-bottom: 1px solid #000000">Sales</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="6" style="border-bottom: 1px solid #000000">Total assets</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="6" style="border-bottom: 1px solid #000000">January to September</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="6" style="border-bottom: 1px solid #000000">September 30,</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">2005</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">2006</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">2005</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">2006</TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Medical Systems</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4,314</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>4,674</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5,519</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>5,340</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">DAP</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,407</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1,682</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,033</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>2,486</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Consumer Electronics</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">6,953</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>7,314</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2,936</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>2,908</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Lighting</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3,429</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>4,011</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2,737</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>3,885</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Other Activities</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,481</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1,167</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">7,118</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>5,671</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Unallocated</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">9,279</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>19,085</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Total</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">17,584</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>18,848</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">28,622</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>39,375</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Discontinued operations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4,181</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>&#151;</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Total</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">32,803</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>39,375</B></TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Sales and long-lived assets
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="52%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="6" style="border-bottom: 1px solid #000000">Sales</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="6" style="border-bottom: 1px solid #000000">Long-lived assets *</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="6" style="border-bottom: 1px solid #000000">January to September</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="6" style="border-bottom: 1px solid #000000">September 30,</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">2005</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">2006</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">2005</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">2006</TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Netherlands</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">711</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>787</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,064</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1,136</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">United States</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4,971</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>5,254</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3,043</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>4,506</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Germany</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,307</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1,370</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">262</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>339</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">France</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,137</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1,063</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">145</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>119</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">United Kingdom</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">763</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>828</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">97</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>741</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">China (incl. Hong Kong)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,261</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1,311</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">208</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>183</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Other countries</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">7,434</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>8,235</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,006</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>960</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Total</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">17,584</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>18,848</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5,825</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>7,984</B></TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<DIV align="left">
<DIV style="font-size: 3pt; margin-top: 16pt; width: 18%; border-top: 1px solid #000000">&nbsp;</DIV>
</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD width="96"></TD>
</TR>

<TR valign="top">
    <TD nowrap align="left">*</TD>
    <TD>&nbsp;</TD>
    <TD>Includes property, plant and equipment and intangible assets</TD>
</TR>

</TABLE>


<P align="right" style="font-size: 10pt"><!-- Folio -->25<!-- /Folio -->
</DIV>

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

<DIV style="font-family: 'Times New Roman',Times,serif">







<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 3%">Pension costs
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 3%">all amounts in millions of euros unless otherwise stated
<BR>
restated for the sale of the Semiconductors and MDS businesses
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Net periodic pension costs of defined-benefit plans
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="52%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="6" style="border-bottom: 1px solid #000000">3<SUP style="font-size: 85%; vertical-align: text-top">rd</SUP> quarter 2006</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="6" style="border-bottom: 1px solid #000000">January-September 2006</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">Netherlands</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">Other</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">Netherlands</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">Other</TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Service cost</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">52</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">34</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">159</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">103</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Interest cost on the projected benefit
obligation</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">135</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">98</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">403</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">305</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Expected return on plan assets</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(203</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(96</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(609</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(292</TD>
    <TD nowrap>)</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Amortization of unrecognized transition
obligation</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Net actuarial (gain)&nbsp;loss recognized</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(10</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">21</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(30</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">65</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Amortization of prior service cost</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(15</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">6</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(45</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">19</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Settlement loss</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Net periodic cost (income)</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(41</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>64</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(122</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>201</B></TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The net periodic pension costs in the third quarter of 2006 amounted to EUR 47&nbsp;million, of which EUR 23&nbsp;million related to defined-benefit plans (the Netherlands
income of EUR 41&nbsp;million, other countries cost of EUR 64&nbsp;million) and EUR 24&nbsp;million related to defined-contribution plans outside the Netherlands (the Netherlands
cost of EUR 2&nbsp;million, other countries cost of EUR 22&nbsp;million).
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Net periodic costs of postretirement benefits other than pensions
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="52%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="6" style="border-bottom: 1px solid #000000">3<SUP style="font-size: 85%; vertical-align: text-top">rd</SUP> quarter 2006</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="6" style="border-bottom: 1px solid #000000">January-September 2006</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">Netherlands</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">Other</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">Netherlands</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">Other</TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Service cost</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Interest cost on the accumulated
postretirement benefit obligation</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">6</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">19</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Amortization of unrecognized transition
obligation</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Net actuarial loss recognized</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Curtailment gain</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Net periodic cost (income)</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>&#151;</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>9</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>&#151;</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>29</B></TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="left" style="font-size: 10pt"><!-- Folio -->26<!-- /Folio -->
</DIV>

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

<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 3%">Consolidated statements of income
in accordance with IFRS
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 3%">all amounts in millions of euros unless otherwise stated
<BR>
restated for the sale of the Semiconductors and MDS businesses
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="52%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="6" style="border-bottom: 1px solid #000000">3<SUP style="font-size: 85%; vertical-align: text-top">rd</SUP> quarter</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="6" style="border-bottom: 1px solid #000000">January to September</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">2005</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">2006</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">2005</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">2006</TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Sales</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">6,265</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>6,313</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">17,584</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>18,848</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Cost of sales</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(4,355</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(4,597</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(12,132</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(13,300</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Gross margin</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,910</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1,716</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5,452</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>5,548</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Selling expenses</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(1,111</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(1,061</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(3,132</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(3,249</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">General and administrative expenses</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(254</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(293</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(773</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(859</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Research and development expenses</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(408</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(390</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(1,159</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(1,175</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Other business income (expense)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">163</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>11</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">191</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>91</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Income from operations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">300</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(17</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">579</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>356</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Financial income and expenses</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">192</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>32</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">85</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>136</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Income before taxes</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">492</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>15</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">664</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>492</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Income tax expense</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(53</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>37</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">15</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(39</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Income after taxes</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">439</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>52</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">679</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>453</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Results relating to unconsolidated
companies, included a year-to-date net
dilution gain of EUR 16&nbsp;million (gain of
EUR 214&nbsp;million in the 3<SUP style="font-size: 85%; vertical-align: text-top">rd</SUP>
quarter of 2005)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,091</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(82</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,938</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(193</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Minority interests</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(1</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(10</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(9</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Income from continuing operations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,530</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(31</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2,607</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>251</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Discontinued operations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">87</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>3,659</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">114</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>3,820</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Net income</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,617</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>3,628</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2,721</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>4,071</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Weighted average number of common shares
outstanding (after deduction of treasury
stock) during the period (in thousands)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>&#149;</B> basic</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,259,133</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1,188,121</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>&#149;</B> diluted</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,261,517</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1,195,750</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Net income per common share in euros:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>&#149;</B> basic</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1.29</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>3.05</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2.16</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>3.43</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>&#149;</B> diluted</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1.29</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>3.03</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2.16</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>3.40</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Ratios</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Gross margin as a % of sales</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">30.5</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>27.2</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">31.0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>29.4</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Selling expenses as a % of sales</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(17.7</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(16.8</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(17.8</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(17.2</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">G&#038;A expenses as a % of sales</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(4.1</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(4.6</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(4.4</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(4.6</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">R&#038;D expenses as a % of sales</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(6.5</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(6.2</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(6.6</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(6.2</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">EBIT or Income from operations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">300</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(17</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">579</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>356</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">as a % of sales</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4.8</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>&#151;</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3.3</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1.9</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">EBITA</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">359</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>42</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">725</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>512</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">as a % of sales</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5.7</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>0.7</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4.1</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>2.7</B></TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="right" style="font-size: 10pt"><!-- Folio -->27<!-- /Folio -->
</DIV>

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

<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 3%">Consolidated balance sheets in accordance with IFRS
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 3%">all amounts in millions of euros unless otherwise stated
<BR>
restated for the sale of the Semiconductors and MDS businesses
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="64%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">Sept. 30,</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">Dec. 31,</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2"><B>Sept. 30,</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">2005</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">2005</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000"><B>2006</B></TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Current assets:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Cash and cash equivalents</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4,344</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5,293</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>7,272</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Securities</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>173</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Receivables</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4,679</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4,638</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>4,732</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Current assets of discontinued operations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,539</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,462</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>&#151;</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Inventories</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3,289</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2,797</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>3,435</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Other current assets</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">479</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">412</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>633</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Total current assets</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">14,330</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">14,602</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>16,245</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Non-current assets:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Investments in unconsolidated companies</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5,339</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5,221</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>3,963</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Other non-current financial assets</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">573</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">673</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>6,564</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Non-current receivables</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">167</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">213</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>204</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Non-current assets of discontinued operations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3,780</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3,542</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>&#151;</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Other non-current assets</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2,289</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2,173</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>2,125</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Property, plant and equipment</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2,907</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3,038</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>3,164</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Intangible assets excluding goodwill</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,323</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,952</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>2,332</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Goodwill</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,656</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2,174</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>2,874</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Total assets</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">32,364</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">33,588</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>37,471</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Current liabilities:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Accounts and notes payable</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3,131</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3,457</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>3,311</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Current liabilities of discontinued operations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">965</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,044</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>&#151;</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Accrued liabilities</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3,107</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3,243</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>3,380</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Short-term provisions</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">706</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">780</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>735</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Other current liabilities</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">570</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">658</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>581</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Short-term debt</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">968</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,168</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>863</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Total current liabilities</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">9,447</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">10,350</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>8,870</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Non-current liabilities:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Long-term debt</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3,404</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3,339</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>3,041</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Long-term provisions</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,861</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,606</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>2,370</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Non-current liabilities of discontinued operations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">570</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">535</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>&#151;</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Other non-current liabilities</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">856</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,086</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>646</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Total liabilities</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">16,138</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">16,916</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>14,927</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Minority interests*</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">330</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">353</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>159</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Stockholders&#146; equity</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">15,896</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">16,319</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>22,385</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Total liabilities and equity</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">32,364</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">33,588</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>37,471</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Number of common shares outstanding (after deduction of
treasury stock) at the end of
period (in thousands)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,232,102</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,201,358</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1,157,592</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Ratios</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Stockholders&#146; equity per common share in euros</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">12.90</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">13.58</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>19.34</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Inventories as a % of sales</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">12.9</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">10.9</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>12.7</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Net debt : group equity</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0:100</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">(5):105</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>(18):118</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Employees at end of period
of which discontinued operations 37,680
end Sept. 2005 and 37,417 end Dec. 2005</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">161,096</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">159,226</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>125,564</B></TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<DIV align="left">
<DIV style="font-size: 3pt; margin-top: 16pt; width: 18%; border-top: 1px solid #000000">&nbsp;</DIV>
</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD width="96"></TD>
</TR>

<TR valign="top">
    <TD nowrap align="left">*</TD>
    <TD>&nbsp;</TD>
    <TD>Of which discontinued operations 146 end of September&nbsp;2005 and 173 end of December&nbsp;2005</TD>
</TR>

</TABLE>


<P align="left" style="font-size: 10pt"><!-- Folio -->28<!-- /Folio -->
</DIV>

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


<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 3%">Reconciliation from US GAAP to IFRS
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 3%">all amounts in millions of euros unless otherwise stated <BR>

restated for the sale of the Semiconductors and MDS businesses
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Reconciliation of net income from US GAAP to IFRS
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="52%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="6" style="border-bottom: 1px solid #000000">3<SUP style="font-size: 85%; vertical-align: text-top">rd</SUP> quarter</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="6" style="border-bottom: 1px solid #000000">January to September</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">2005</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000"><B>2006</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">2005</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000"><B>2006</B></TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Net income as per the consolidated
statements of income on a US GAAP basis
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,436</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>4,242</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2,536</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>4,703</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Adjustments to IFRS:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>&nbsp;</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>&nbsp;</B></TD>
    <TD>&nbsp;</TD>
</TR>

<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Capitalized product development expenses</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">61</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>82</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">188</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>208</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Amortization of product development assets</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(59</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(69</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(146</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(156</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Pensions and other postretirement benefits</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(49</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(53</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(120</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(164</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Amortization of intangible assets</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>&#151;</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>&#151;</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Unconsolidated companies</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">162</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(2</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">138</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(6</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Deferred income tax effects</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">18</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>11</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">36</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>50</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Discontinued operations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">52</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(582</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">110</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(515</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Other differences in income</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(4</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(1</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(21</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(49</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Net income in accordance with IFRS</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,617</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>3,628</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2,721</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>4,071</B></TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Reconciliation of stockholders&#146; equity from US GAAP to IFRS
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="76%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">Sept. 30,</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2"><B>Sept. 30</B>,</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">2005</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000"><B>2006</B></TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Stockholders&#146; equity as per the consolidated balance sheets
on a US GAAP basis
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">16,538</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>23,803</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">
Adjustments to IFRS:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>&nbsp;</B></TD>
    <TD>&nbsp;</TD>
</TR>

<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Product development expenses</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">464</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>508</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Pensions and other postretirement benefits</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(1,909</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(2,295</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Goodwill amortization (until January&nbsp;1, 2004)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(316</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(298</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Goodwill capitalization (acquisition-related)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(44</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Acquisition-related intangibles</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>242</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Assets from discontinued operations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">767</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>&#151;</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Unconsolidated companies</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(226</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(104</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Recognized results on sale-and-leaseback transactions</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">84</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>75</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Deferred income tax effects</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">499</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>499</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Other differences in equity</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(5</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(1</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Stockholders&#146; equity in accordance with IFRS</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">15,896</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>22,385</B></TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<P align="right" style="font-size: 10pt"><!-- Folio -->29<!-- /Folio -->
</DIV>

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

<DIV style="font-family: 'Times New Roman',Times,serif">





<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 3%">Reconciliation of non-US GAAP performance measures
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 3%">all amounts in millions of euros unless otherwise stated
<BR>
restated for the sale of the Semiconductors and MDS businesses
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 3%">Certain non-US GAAP financial measures are presented when discussing the Philips Group&#146;s performance. In the following tables, a reconciliation to the most directly comparable US GAAP performance measure is made.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Sales growth composition (in %)
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="52%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="14" style="border-bottom: 1px solid #000000">January to September</TD>

    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">Comparable</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">Currency</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">Consolidation</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">Nominal</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">growth</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">effects</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">changes</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">growth</TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">2006 versus 2005
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">
Medical Systems</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>7.6</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>0.7</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>0.0</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>8.3</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
<TD><DIV style="margin-left:15px; text-indent:-15px">DAP</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>10.3</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1.3</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>7.9</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>19.5</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Consumer Electronics</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>10.2</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1.7</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(6.7</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>5.2</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Lighting</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>8.8</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1.0</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>7.2</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>17.0</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Other Activities</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(4.6</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>0.5</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(17.1</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(21.2</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Philips Group</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>8.2</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1.2</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(2.2</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>7.2</B></TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">EBITA and EBIT to income before taxes
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="46%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">Philips</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">Medical</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">Consumer</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">Other</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">Group</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">Systems</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">DAP</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">Electronics</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">Lighting</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">Activities</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">Unallocated</TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>January to September&nbsp;2006</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">EBITA</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>640</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>563</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>241</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>158</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>517</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(450</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(389</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Eliminate
amortization of intangibles </DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(122</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(79</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(19</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(1</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(23</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(1</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">
&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">EBIT or Income from operations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>518</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>484</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>222</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>157</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>494</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(451</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(388</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>

<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Eliminate
financial income and expenses</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>136</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Income before taxes</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>654</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>January to September&nbsp;2005</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">EBITA</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">748</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">478</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">195</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">272</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">400</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(179</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(418</TD>
    <TD nowrap>)</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Eliminate
amortization of intangibles</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(71</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(66</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(4</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(1</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(1</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">EBIT or Income from operations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">677</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">412</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">191</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">272</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">399</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(180</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(417</TD>
    <TD nowrap>)</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Eliminate
financial income and expenses</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">85</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Income before taxes</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">762</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Composition of net debt and group equity
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="76%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">Sept. 30,</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2"><B>Sept. 30</B>,</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">2005</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000"><B>2006</B></TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Long-term debt</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3,377</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3,039</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Short-term debt</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">967</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">870</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Total debt</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4,344</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3,909</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Cash and cash equivalents</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(4,344</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(7,272</TD>
    <TD nowrap>)</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Net debt (total debt less cash and cash equivalents)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(3,363</TD>
    <TD nowrap>)</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Minority interests</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">181</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">140</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Stockholders&#146; equity</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">16,538</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">23,803</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Group equity</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">16,719</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">23,943</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Net debt and group equity</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">16,719</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">20,580</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Net debt divided by net debt and group equity (in %)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">16</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Group equity divided by net debt and group equity (in %)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">100</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">116</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="left" style="font-size: 10pt"><!-- Folio -->30<!-- /Folio -->
</DIV>

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

<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 3%">Reconciliation of non-US GAAP performance measures (continued)
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 3%">all amounts in millions of euros unless otherwise stated
<BR>
restated for the sale of the Semiconductors and MDS businesses
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Net operating capital to total assets
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="49%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">Philips</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">Medical</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">Consumer</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">Other</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">Group</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">Systems</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">DAP</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">Electronics</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">Lighting</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">Activities</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">Unallocated</TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">September&nbsp;30, 2006</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Net operating capital (NOC)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>8,960</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>3,330</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1,885</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>192</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>2,697</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(272</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1,128</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Eliminate liabilities comprised in NOC:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&#151; payables/liabilities</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>8,052</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1,665</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>521</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>2,329</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>993</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1,404</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1,140</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&#151; intercompany accounts</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>&#151;</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>28</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>20</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>72</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>31</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(129</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(22</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&#151; provisions<SUP style="font-size: 85%; vertical-align: text-top">1)</SUP></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>2,610</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>245</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>60</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>279</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>150</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>846</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1,030</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Include assets not comprised in NOC:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&#151; investments in unconsolidated companies</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>4,067</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>72</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>&#151;</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>36</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>14</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>3,822</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>123</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&#151; securities</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>173</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>173</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&#151; other non-current financial assets</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>6,564</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>6,564</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&#151; deferred tax assets</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1,677</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1,677</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&#151; liquid assets</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>7,272</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>7,272</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>

<TR>
    <TD>&nbsp;</TD>
</TR>

<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Total assets</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>39,375</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>5,340</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>2,486</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>2,908</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>3,885</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>5,671</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>19,085</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR><TD style="font-size: 10pt">&nbsp;</TD></TR>
<TR valign="bottom">
    <TD colspan="29" align="left"><DIV align="left">
<DIV style="font-size: 3pt; margin-top: 16pt; width: 18%; border-top: 1px solid #000000">&nbsp;</DIV>
</DIV>
</TD>
</TR>
<TR valign="bottom">
    <TD colspan="29" align="left"><SUP style="font-size: 85%; vertical-align: text-top">1)</SUP> &nbsp;&nbsp;&nbsp;&nbsp; provisions on balance
sheet EUR 3,471&nbsp;million excluding deferred
tax liabilities of EUR 861&nbsp;million</TD>
</TR>
<TR valign="bottom">
    <TD colspan="29" align="left">&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">September&nbsp;30, 2005</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Net operating capital (NOC)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5,912</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3,506</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">569</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">212</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,721</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">395</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(491</TD>
    <TD nowrap>)</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Eliminate liabilities comprised in NOC:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&#151; payables/liabilities</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">7,650</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,672</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">391</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2,312</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">779</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,014</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,482</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&#151; intercompany accounts</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">20</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">19</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">87</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">33</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(136</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(23</TD>
    <TD nowrap>)</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&#151; provisions<SUP style="font-size: 85%; vertical-align: text-top">2)</SUP></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2,471</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">259</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">54</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">305</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">131</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">583</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,139</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Include assets not comprised in NOC:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&#151; investments in unconsolidated companies</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5,563</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">62</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">20</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">73</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5,262</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">146</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&#151; other non-current financial assets</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">573</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">573</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&#151; deferred tax assets</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2,109</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2,109</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&#151; liquid assets</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4,344</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4,344</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR><TD style="font-size: 10pt">&nbsp;</TD></TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Total assets</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">28,622</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5,519</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,033</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2,936</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2,737</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">7,118</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">9,279</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Discontinued operations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4,181</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Total</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">32,803</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<DIV align="left">
<DIV style="font-size: 3pt; margin-top: 16pt; width: 18%; border-top: 1px solid #000000">&nbsp;</DIV>
</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD width="96"></TD>
</TR>

<TR valign="top">
    <TD nowrap align="left"><SUP style="font-size: 85%; vertical-align: text-top">2)</SUP></TD>
    <TD>&nbsp;</TD>
    <TD>provisions on balance sheet EUR 2,781&nbsp;million excluding deferred tax liabilities of EUR 310&nbsp;million</TD>
</TR>

</TABLE>



<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Composition of cash flows before financing activities
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="52%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="6" style="border-bottom: 1px solid #000000">3<SUP style="font-size: 85%; vertical-align: text-top">rd</SUP> quarter</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="6" style="border-bottom: 1px solid #000000">January to September</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">2005</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000"><B>2006</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">2005</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000"><B>2006</B></TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Cash flows from operating activities</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">246</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>678</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(318</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(223</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Cash flows from investing activities</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,390</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(981</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,953</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(2,111</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Cash flows before financing activities</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,636</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(303</B></TD>
    <TD nowrap><B>)</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,635</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>(2,334</B></TD>
    <TD nowrap><B>)</B></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<P align="right" style="font-size: 10pt"><!-- Folio -->31<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="right" style="font-size: 10pt; margin-top: 12pt">Philips quarterly statistics
</DIV>


<DIV align="right" style="font-size: 10pt; margin-top: 12pt">all amounts in millions of euros unless otherwise stated; percentage increases always in relation to the corresponding period of previous year<BR>
restated for the sale of the Semiconductors and MDS businesses
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="20%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="14" style="border-bottom: 1px solid #000000">2005</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="14" style="border-bottom: 1px solid #000000">2006</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">1<SUP style="font-size: 85%; vertical-align: text-top">st</SUP> quarter</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">2<SUP style="font-size: 85%; vertical-align: text-top">nd</SUP> quarter</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">3<SUP style="font-size: 85%; vertical-align: text-top">rd</SUP> quarter</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">4<SUP style="font-size: 85%; vertical-align: text-top">th</SUP> quarter</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">1<SUP style="font-size: 85%; vertical-align: text-top">st</SUP> quarter</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">2<SUP style="font-size: 85%; vertical-align: text-top">nd</SUP> quarter</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">3<SUP style="font-size: 85%; vertical-align: text-top">rd</SUP> quarter</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">4<SUP style="font-size: 85%; vertical-align: text-top">th</SUP> quarter</TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Sales</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5,480</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5,839</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">6,265</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">8,191</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">6,155</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">6,380</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>6,313</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">% increase</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">7</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">12</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">9</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">EBIT</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">193</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">131</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">353</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">795</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">246</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">247</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>25</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">as a % of sales</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3.5</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2.2</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5.6</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">9.7</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4.0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3.9</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>0.4</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Net income</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">117</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">983</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,436</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">332</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">160</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">301</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>4,242</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD nowrap><DIV style="margin-left:30px; text-indent:-15px">per common share in euros</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.09</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.78</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1.14</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.28</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.13</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.26</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>3.57</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="20%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">January-</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">January-</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">January-</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">January-</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">January-</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">January-</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">January-</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">January-</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">March</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">June</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">September</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">December</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">March</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">June</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">September</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2" style="border-bottom: 1px solid #000000">December</TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Sales</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5,480</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">11,319</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">17,584</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">25,775</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">6,155</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">12,535</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>18,848</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">% increase</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">12</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">11</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>7</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">EBIT</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">193</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">324</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">677</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,472</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">246</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">493</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>518</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">as a % of sales</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3.5</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2.9</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3.9</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5.7</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4.0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3.9</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>2.7</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Net income</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">117</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,100</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2,536</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2,868</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">160</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">461</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>4,703</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">as a % of
stockholders&#146; equity (ROE)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4.2</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">16.7</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">23.8</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">18.1</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3.8</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4.6</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>2.7</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD nowrap><DIV style="margin-left:30px; text-indent:-15px">per common share in euros</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.09</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.87</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2.01</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2.29</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.13</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.39</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>3.96</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="20%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="14" style="border-bottom: 1px solid #000000">period ending 2005</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="14" style="border-bottom: 1px solid #000000">period ending 2006</TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Inventories as a % of sales</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">11.4</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">12.9</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">12.9</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">10.9</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">11.9</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">11.9</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>12.7</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Net debt : group equity ratio</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">8:92</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">8:92</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0:100</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">(5):105</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">6:94</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">9:91</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>(16):116</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Total employees (in thousands)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">161</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">160</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">161</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">159</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">161</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">158</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>126</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">of which discontinued
operations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">37</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">38</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">38</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">38</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">37</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">37</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Information also available on Internet, address: www.investor.philips.com<BR>
Printed in the Netherlands</B>

</DIV>

<P align="left" style="font-size: 10pt"><!-- Folio -->32<!-- /Folio -->
</DIV>

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

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">July&nbsp;28, 2006
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">PHILIPS ONE OF TOP CLIMBERS IN BRAND VALUE &#151; INTERBRAND

</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Amsterdam, The Netherlands &#150; Royal Philips Electronics (NYSE:PHG, AEX:PHI) was one of the largest
gainers in brand value in the annual ranking of the top 100 global brands by leading brand
consultant, Interbrand. Philips had the largest increase in the electronics sector, gaining 14% to
an estimated brand value of USD6.7&nbsp;billion. Its ranking in the Interbrand list of the world&#146;s most
valuable brands increased to 48th spot from 53rd in 2005 and 65th in 2004.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Andrea Ragnetti, Philips Chief Marketing Officer, said the growth in brand value demonstrated that
Philips&#146; transformation into a market-driven healthcare, lifestyle and technology company was
showing its merits. &#147;The improved Interbrand ranking confirms that our brand promise &#145;sense and
simplicity&#146;, which is also the framework for our future growth, is making a difference to the way
the world sees and experiences Philips, and is reinvigorating faith in the Philips brand,&#148; he said.
&#147;Our commitment and presence in the growing healthcare market, which promises to be an engine for
future economic growth, has also increased recognition of the brand strength and value,&#148; he added.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">J&#252;rgen H&#228;usler, CEO Interbrand Zintzmeyer &#038; Lux said that Philips&#146; 14% growth in brand value
reflected the company&#146;s success in managing the brand. &#147;Philips clearly understands the importance
of its brand, which supports the vision of transforming Philips into a healthcare, lifestyle and
technology company. In this context the thorough management of a strong master brand, communicating
the same values across a highly diversified product portfolio in a variety of countries, is of
utmost importance,&#148; he added.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Information on Interbrand&#146;s top 100 global brands is available at <u>www.interbrand.com</u>
More information and news about Philips is available at <u>www.philips.com/newscenter</u>
Philips&#146; image library is available at <u>www.newcenter.philips.com/photolibrary</u>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">For further information, please contact:<BR>
Anna Quarrell<BR>
Philips Corporate Communications<BR>
Tel &#043;31 20 59 77279<BR>
Email: anna.quarrell@philips.com

</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">About Royal Philips Electronics
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Royal Philips Electronics of the Netherlands (NYSE: PHG, AEX: PHI) is one of the world&#146;s biggest
electronics companies and Europe&#146;s largest, with sales of EUR 30.4&nbsp;billion in 2005. With activities
in the three interlocking domains of healthcare, lifestyle and technology and 158,000 employees in
more than 60 countries, it has market leadership positions in medical diagnostic imaging and
patient monitoring, color television sets, electric shavers, lighting and silicon system solutions.
</DIV>


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

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

<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Philips &#145;sense and simplicity&#146;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Philips launched its brand promise, &#145;sense and simplicity&#146; in 2004 as an integral part of its
efforts to become a market-driven company. For Philips, &#145;sense and simplicity&#146; sets the criteria
against which Philips gauges everything it does and makes. It ensures the Philips&#146; mission to
improve the quality of people&#146;s lives through the timely introduction of meaningful technological
innovations that are guided by three principles&#150; designed around people&#146;s unique needs, easy to
experience and advanced. Philips also took a step further to live up to &#145;sense and simplicity&#146; as
a company, applying this promise to internal processing, the way the company works with customers
and suppliers &#150; open and transparent, approachable and easy to do business with &#150; to the way
employees work and to the products and services it brings to market.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Brand valuation by Interbrand Zintzmeyer &#038; Lux
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Brand values were determined using the method Interbrand pioneered nearly 20&nbsp;years ago and has
since used to value more than 4,000 brands. Brand value is calculated as the net present value of
the earnings the brand is expected to generate and secure in the future for the time frame from
July&nbsp;1, 2005 to June&nbsp;30, 2006. To be
considered, the brands must have a minimum brand value of US$2.7&nbsp;billion, achieve about one-third
of their earnings outside of their home country, have publicly available marketing and financial
data, and have a wider public profile beyond their direct customer base.
</DIV>


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

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

<DIV style="font-family: 'Times New Roman',Times,serif">




<DIV align="left" style="font-size: 10pt; margin-top: 12pt">August&nbsp;3, 2006
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">PHILIPS TO SELL MAJORITY STAKE IN SEMICONDUCTORS BUSINESS TO PRIVATE EQUITY CONSORTIUM KKR, SILVER
LAKE AND ALPINVEST
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Amsterdam, The Netherlands and London, United Kingdom &#150; Royal Philips Electronics (NYSE:PHG,
AEX:PHI) announced today that the company has signed an agreement with Kohlberg Kravis Roberts &#038;
Co. (KKR), Silver Lake Partners and AlpInvest Partners NV (together referred to as &#147;the
consortium&#148;) through which the consortium will acquire an 80.1% stake in Philips&#146; Semiconductors
business, with Philips retaining a 19.9% stake in this business. The transaction will put the
enterprise value for Philips&#146; Semiconductors business at approximately EUR 8.3&nbsp;billion &#150; consisting
of EUR 3.4&nbsp;billion purchasing price, EUR 4.0&nbsp;billion for debt and other liabilities, and EUR 0.9
billion for Philips&#146; remaining stake. Philips estimates it will receive cash proceeds after tax and
transaction related costs of approximately EUR 6.4&nbsp;billion. The transaction is expected to close in
the fourth quarter of 2006, subject to closing conditions, including governmental and regulatory
approvals.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Philips&#146; Semiconductors is a leading supplier of silicon system solutions for mobile
communications, consumer electronics, digital displays, contactless payment and connectivity, and
in-car entertainment and networking, with approximately 37,000 employees worldwide. The business
had sales in 2005 of EUR 4.6&nbsp;billion.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Commenting on today&#146;s announcement, Mr.&nbsp;Gerard Kleisterlee, President and CEO of Royal Philips
Electronics, said: &#147;This is a defining moment for both Philips and its semiconductors business. As
a stand-alone company, the semiconductors business will have every opportunity to realize its full
potential and we are very pleased to have found strong partners that share our belief. As a
business partner, we will remain strongly committed to the future success of the business. As
Philips, we are completing our shift away from running cyclical activities, and can fully focus on
building an even stronger company in Healthcare and Lifestyle around the brand promise of sense and
simplicity.&#148;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Upon completion of the transaction, Mr.&nbsp;Frans van Houten will relinquish his current positions as
member of the Board of Royal Philips Electronics and CEO of Philips&#146; Semiconductors business to
become the President and CEO of the new stand-alone semiconductors company. The renaming of the new
company will be announced in due course.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Commenting on today&#146;s announcement, Mr. van Houten said: &#147;Today&#146;s agreement with KKR, Silver Lake
and AlpInvest represents an exciting foundation upon which our new semiconductors company can
successfully grow and compete as a stand-alone company. The business, with its strong R&#038;D
capabilities and broad intellectual property portfolio, will continue to focus on strengthening its
performance and presence in Mobile &#038; Personal, Home, Automotive &#038; Identification and Multi Market
Semiconductors &#150; our four key markets. We remain entirely committed to completing our successful
business renewal program.&#148;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The consortium consists of KKR, one of the world&#146;s most experienced private equity firms, Silver
Lake, the leading private equity firm focused on technology and AlpInvest, a
</DIV>


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

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

<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">major Dutch-based private equity investor operating worldwide. The extensive expertise in
technology buy-outs of the partners in the consortium is evidenced by buy-outs such as SunGard Data
Systems Inc. in the US and Avago Technologies Ltd. in Singapore.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Commenting on the transaction, Johannes Huth, a Member of KKR said: &#147;We are very pleased to be
making this investment and are excited about the opportunity to work with the company&#146;s outstanding
management team. With the support of the consortium and Philips as an investor, the company will
continue to innovate in order to provide its customers with leading-edge solutions and products
that drive growth.&#148;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Egon Durban, a Managing Director of Silver Lake Partners, commented: &#147;We believe the Philips&#146;
Semiconductor business is well positioned to pursue and achieve significant expansion. We look
forward to partnering with management to continue building value through a demonstrated commitment
to innovative technologies and a strong share in both established and emerging markets.&#148;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Credit Suisse and Bank of America acted as lead M&#038;A financial advisors to the consortium, with ABN
Amro also providing advice. Clifford Chance and Simpson Thacher &#038; Bartlett served as legal
advisors.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">For more information on this announcement, please visit www.newscenter.philips.com.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The webcasting of the press conference on this announcement is accessible via
www.philips.com/webcast. This will be live as from 10:00 CET on Friday, August&nbsp;4, 2006 with a
replay available shortly afterwards. For the analysts&#146; conference call/audiowebcast on August&nbsp;4,
2006 at 11:30 CET, please visit www.philips.com/investor.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">FOR PHILIPS:<BR>
In Amsterdam:<BR>
Jayson Otke<BR>
Philips Corporate Communications<BR>
Tel &#043;31 20 59 77215<BR>
Email: jayson.otke@philips.com

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">In New York:<BR>
Andre Manning<BR>
Philips North America Corporate Communications<BR>
Tel &#043;1 646 508 4545<BR>
Email: andre.manning@philips.com

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">FOR THE PRIVATE EQUITY CONSORTIUM IN EUROPE:<BR>
Simon Moyse / Zoe Watt<BR>
Finsbury<BR>
Tel: &#043;44 207 251 3801 or &#043;44 7713 157561

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Uneke Dekkers<BR>
Citigate First Financial<BR>
Tel: &#043;31 20 575 4021 / &#043; 31 6 50 26 16 26

</DIV>

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

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

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">FOR KKR IN THE US:<BR>
Ruth Pachman / Mark Semer<BR>
Kekst &#038; Co.<BR>
Tel: &#043;1 212 521 4800

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">FOR SILVER LAKE PARTNERS IN THE US:<BR>
Matt Benson<BR>
Citigate Sard Verbinnen<BR>
Tel: &#043;1 415 618 8750

</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">About Royal Philips Electronics:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Royal Philips Electronics of the Netherlands (NYSE: PHG, AEX: PHI) is one of the world&#146;s biggest
electronics companies and Europe&#146;s largest, with sales of EUR 30.4&nbsp;billion in 2005. With activities
in the three interlocking domains of healthcare, lifestyle and technology and 158,000 employees in
more than 60 countries, it has market leadership positions in medical diagnostic imaging and
patient monitoring, color television sets, electric shavers, lighting and silicon system solutions.
</DIV>

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

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">KKR is one of the world&#146;s oldest and most experienced private equity firms specializing in
management buy-outs, with offices in New York, Menlo Park, California, London, Paris, Hong Kong and
Tokyo. Over the past year, KKR has committed more than $1&nbsp;billion to technology businesses,
including SunGard Data Systems and Avago Technologies, which are considered the two largest private
equity technology investments in history, with transaction prices of US$11.8&nbsp;billion and US$2.8
billion, respectively. Past KKR technology industry investments include: Amphenol, RELTEC, Wincor
Nixdorf, Tenovis, Zhone Technologies and the software development and solutions business of
Flextronics International Ltd (pending). Over the past thirty years, KKR has invested in more than
141 transactions with a total value of US$213&nbsp;billion. In Europe, KKR has invested a total of
US$5.9bn
in 20 companies, including Vendex, AVR, VNU, SBS Broadcasting, Newsquest, Willis Group, Wincor
Nixdorf, Legrand, FL Selenia, ATU and MTU, among others. For more information, please visit
<u>www.kkr.com</u>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">About Silver Lake Partners:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Silver Lake Partners is the leading private equity firm focused on large-scale investing in
technology and related growth industries. Silver Lake seeks to achieve superior returns by
investing with the strategic insight of an experienced industry participant, the operating skill of
a world-class manager and the financial expertise of a disciplined private equity investor.
Specifically, Silver Lake&#146;s mission is to function as a value-added partner to the management teams
of the world&#146;s leading technology franchises. Its portfolio companies include technology industry
leaders such as Avago, Flextronics, Gartner, Instinet, NASDAQ, Network General, Seagate Technology,
Serena Software, SunGard Data Systems, Thomson and UGS. For more information, please visit
<u>www.silverlake.com</u>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">About AlpInvest Partners NV:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">AlpInvest Partners is one of the largest private equity investors in the world with over EUR 30
billion of assets under management. Approximately 80% of these funds are invested by AlpInvest
Partners in private equity funds globally, with the remainder invested directly in companies as a
co-investor in Europe and the US. AlpInvest Partners
</DIV>


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

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

<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">has 56 investment professionals based in
Amsterdam and New York. Its shareholders and main clients are ABP and PGGM, two of the largest
pension funds in the world with respectively EUR 192&nbsp;billion and EUR 71&nbsp;billion of assets under
management (as per December&nbsp;2005). To learn more about AlpInvest Partners visit <u>www.alpinvest.com</u>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Forward-looking statements
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">This release may contain certain forward-looking statements with respect to the financial
condition, results of operations and business of Philips and certain of the plans and objectives of
Philips with respect to these items. By their nature, forward-looking statements involve risk and
uncertainty because they relate to events and depend on circumstances that will occur in the future
and there are many factors that could cause actual results and developments to differ materially
from those expressed or implied by these forward-looking statements.
</DIV>


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

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

<DIV style="font-family: 'Times New Roman',Times,serif">




<DIV align="left" style="font-size: 10pt; margin-top: 12pt">August&nbsp;3, 2006
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">PHILIPS TO COMPLETE ITS TRANSFORMATION FROM A CYCLICAL TECHNOLOGY COMPANY TO A HEALTHCARE AND
LIFESTYLE COMPANY BUILT AROUND A STRONG BRAND
</DIV>


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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Philips to return approximately EUR 4&nbsp;billion to shareholders through dividends and share repurchase.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Company increases its focus on growth in Healthcare and Lifestyle sectors.</TD>
</TR>

</TABLE>
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Amsterdam, The Netherlands &#150; Royal Philips Electronics announced its intent for capital allocation
following the divestment of an 80.1% majority share in its Semiconductor unit. The transaction,
announced separately today, values this business at around EUR 8.3&nbsp;billion.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Proceeds from the sale, after tax and transaction-related costs, will total approximately EUR 6.4
billion. Philips will return a total of EUR 4&nbsp;billion to shareholders by the end of 2007 through a
combination of dividends and share repurchases, including the EUR 1.5&nbsp;billion share repurchase
program already announced on July&nbsp;17, 2006.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The company reiterated its strategy to re-invest in additional opportunities for high-margin
growth, both organically and through acquisitions. In the last 12&nbsp;months Philips has announced the
investment of EUR 3.5&nbsp;billion in eight acquisitions (some yet to be completed), predominantly in
Medical Systems, Lighting and Consumer Health and Wellness. These have brought almost EUR 1&nbsp;billion
in new revenue and over 5,000 employees into the group. The company noted that the earlier
acquisitions were performing in line with, or better than, expectations. R&#038;D investment in targeted
areas such as Lighting and Domestic Appliances has been increased, in order to stimulate organic
growth. Philips also re-confirmed its intent to exit from its participations in LG.Philips LCD and
TSMC in a responsible manner. In addition, Philips will continue to improve its cost structure by
simplifying the organization and its ways of working.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&#147;With this transaction we have now practically completed our shift towards more stable, cash
generative businesses and away from the earnings volatility associated with cyclical industries
like Components and Semiconductors, a journey we started in 2002,&#148; said Gerard Kleisterlee,
President and CEO of Philips.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&#147;We close the chapter of being a traditional, vertically integrated electronics company &#150; which is
why, going forward, we would like to be known just as Royal Philips. This emphasizes the shift in
our focus to a company built around a brand with the promise of &#147;sense and simplicity&#148; and with a
focus on Healthcare and Lifestyle,&#148; Kleisterlee said.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Kleisterlee explained that Philips was now a much simpler company, committed to improving the
quality of peoples&#146; lives through meaningful innovation. He said resources would be focused on
capturing value from some of the most important global economic, social and demographic trends.
Notable among these were the trend for better healthcare and more well-being, the need to provide
energy efficient solutions (e.g. in lighting) and the desire for rewarding consumer lifestyle
experiences.
</DIV>


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

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

<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">All these elements, together with the Semiconductors transaction will contribute to redefining
Philips as a core value holding stock, in contrast with the historic perception of an electronics
stock exposed to the volatile technology sector.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">For more information on this announcement and on the divestment of Philips Semiconductors, please
visit <u>www.newscenter.philips.com</u>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The webcasting of the press conference on this announcement is accessible via
<u>www.philips.com/webcast</u>. This will be live as from 10:00 CET on Friday, August&nbsp;4, 2006 with a
replay available shortly afterwards. For the analysts&#146; conference call/audiowebcast on August&nbsp;4,
2006 at 11:30 CET, please visit <u>www.philips.com/investor</u>.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">For further information, please contact:<BR>
Gerd Goetz<BR>
Philips Corporate Communications<BR>
Tel &#043;31 20 59 77 213<BR>
Email: gerd.goetz@philips.com

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">About Royal Philips Electronics
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Royal Philips Electronics of the Netherlands (NYSE: PHG, AEX: PHI) is one of the world&#146;s biggest
electronics companies and Europe&#146;s largest, with sales of EUR 30.4&nbsp;billion in 2005. With activities
in the three interlocking domains of healthcare, lifestyle and technology and 158,000 employees in
more than 60 countries, it has market leadership positions in medical diagnostic imaging and
patient monitoring, color television sets, electric shavers, lighting and silicon system solutions.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Forward-looking statements
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">This release may contain certain forward-looking statements with respect to the financial
condition, results of operations and business of Philips and certain of the plans and objectives of
Philips with respect to these items. By their nature, forward-looking statements involve risk and
uncertainty because they relate to events and depend on circumstances that will occur in the future
and there are many factors that could cause actual results and developments to differ materially
from those expressed or implied by these forward-looking statements.
</DIV>


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

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

<DIV style="font-family: 'Times New Roman',Times,serif">




<DIV align="left" style="font-size: 10pt; margin-top: 12pt">August&nbsp;16, 2006
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">PHILIPS TO SELL ENABLING TECHNOLOGIES GROUP TO VDL GROEP

</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Amsterdam and Eindhoven, The Netherlands &#150; Royal Philips Electronics (NYSE:PHG, AEX:PHI) and VDL
Groep today announced that they have signed a letter of intent for VDL Groep to acquire Philips
Enabling Technologies Group (ETG). Subject to regulatory approvals, the transaction is expected to
close in the fourth quarter of 2006. No financial details of this transaction were disclosed.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Philips ETG, with annual revenues of EUR 231&nbsp;million in 2005, is a leading manufacturer,
developer and supplier of precision components and mechatronic (sub)&nbsp;systems used for industrial
equipment. Philips ETG&#146;s headquarters are based in Eindhoven. The group employs approximately
1650 people, of which about 1100 in The Netherlands.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">For further information, please contact:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Jeannet Harpe<BR>
Philips Corporate Communications<BR>
Tel &#043;31 20 59 77199<BR>
Email: jeannet.harpe@philips.com

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Marleen van Zeeland<BR>
VDL Groep bv<BR>
Tel &#043;31 40 292 5080<BR>
Email: m.v.zeeland@vdl.nl

</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">About Royal Philips Electronics
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Royal Philips Electronics of the Netherlands (NYSE: PHG, AEX: PHI) is one of the world&#146;s biggest
electronics companies and Europe&#146;s largest, with sales of EUR 30.4&nbsp;billion in 2005. With activities
in the three interlocking domains of healthcare, lifestyle and technology and 158,000 employees in
more than 60 countries, it has market leadership positions in medical diagnostic imaging and
patient monitoring, color television sets, electric shavers, lighting and silicon system solutions.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">About VDL Groep
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">VDL Groep, with its head offices in Eindhoven, is an international company focused on the
development, production and sales of semi-manufactured and finished products. In total, the group,
with approximately 5,300 employees, consists of more than 70 subsidiaries spread over 13 countries.
In 2005, VDL Groep had a net turnover of EUR 991&nbsp;million and a net profit of EUR 50&nbsp;million. In the
supply sector, VDL specialises in metalworking, plastics processing, system supply and surface
treatment.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The bus &#038; coach division includes coaches, chassis modules, public transport buses, mini and midi
buses. The finished products sector comprises suspension systems for the automotive industry,
production automation systems, heating, cooling and air-technical systems, systems for the oil, gas
and petrochemical industry, sunbeds and roof boxes, systems for the agricultural sector,
cigar-making and packaging machines, container handling equipment, medical systems and production
systems for optical media.
</DIV>


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

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Forward-looking statements
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">This release may contain certain forward-looking statements with respect to the financial
condition, results of operations and business of Philips and certain of the plans and objectives of
Philips with respect to these items. By their nature, forward-looking statements involve risk and
uncertainty because they relate to events and depend on circumstances that will occur in the future
and there are many factors that could cause actual results and developments to differ materially
from those expressed or implied by these forward-looking statements.
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">




<DIV align="left" style="font-size: 10pt; margin-top: 12pt">September&nbsp;4, 2006
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">PHILIPS COMPLETES ACQUISITION OF AVENT HOLDINGS LTD.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Amsterdam, The Netherlands &#150; Royal Philips Electronics (NYSE:PHG, AEX:PHI) announced today
that it has completed its acquisition of AVENT Holdings Ltd., a leading provider of baby and infant
feeding products in the United Kingdom and the United States, with sales in more than 60 countries.
Under the terms of the agreement, which was announced on May&nbsp;23, 2006, Philips acquired AVENT
Holdings Ltd. for approximately &#163; 460&nbsp;million (approximately EUR 675&nbsp;million), which was paid in
cash upon completion of the transaction. As a result of the transaction, AVENT Holdings Ltd. will
be financially consolidated with immediate effect within the Mother &#038; Childcare business of
Philips&#146; Domestic Appliances and Personal Care division.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">For further information, please contact:<BR>
Jayson Otke<BR>
Philips Corporate Communications<BR>
Tel: &#043;31 20 59 77215<BR>
Email: jayson.otke@philips.com

</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">About Royal Philips Electronics
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Royal Philips Electronics of the Netherlands (NYSE: PHG, AEX: PHI) is one of the world&#146;s
biggest electronics companies and Europe&#146;s largest, with sales of EUR 30.4&nbsp;billion in 2005. With
activities in the three interlocking domains of healthcare, lifestyle and technology and 158,000
employees in more than 60 countries, it has market leadership positions in medical diagnostic
imaging and patient monitoring, color television sets, electric shavers, lighting and silicon
system solutions.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Forward-looking statements
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">This release may contain certain forward-looking statements with respect to the financial
condition, results of operations and business of Philips and certain of the plans and objectives of
Philips with respect to these items. By their nature, forward-looking statements involve risk and
uncertainty because they relate to events and depend on circumstances that will occur in the future
and there are many factors that could cause actual results and developments to differ materially
from those expressed or implied by these forward-looking statements.
</DIV>


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



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

<DIV style="font-family: 'Times New Roman',Times,serif">




<DIV align="left" style="font-size: 10pt; margin-top: 12pt">September&nbsp;5, 2006
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">PHILIPS TO SET UP HIGH POWER LED PRODUCTION FACILITY IN SINGAPORE

</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Amsterdam, The Netherlands &#150; Royal Philips Electronics (NYSE:PHG, AEX:PHI) announced today it will
invest in the setting up of a high power LED production facility in Singapore. Initial production
is expected to start in Q1 2007, ramping up to double Philips&#146; total power LED production capacity
by the end of 2007.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">This investment is part of Philips Lighting&#146;s strategy to strengthen its leadership position in the
fast growing and rapidly emerging power LED market. The plant will be a high volume production
facility for the LUXEON&#174; range of LEDs, employing about 900 people at full capacity. The LEDs are
used in city beautification lighting, LCD displays, camera flash for mobile phones, automotive
applications and various other applications.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Theo van Deursen, CEO of Philips Lighting and member of Philips&#146; Board of Management, comments:
&#147;This investment will not only double the production capacity of our power LEDs in the next year
and strengthen our number one position in this field, it will also significantly increase
efficiency, supporting our aim for profitable growth.&#148;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Philips Lighting is focusing on the power LED market, which has an expected annual growth of 25%
over the coming years. The long-lasting LUXEON&#174; range of power LEDs matches the brightness of
conventional light sources and for the first time, makes it possible to replace incandescent,
halogen and fluorescent bulbs in many products with smaller, longer-lasting and more energy
efficient LEDs.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Solid-state lighting is seen as the biggest revolution in lighting technology since Thomas Edison
invented the incandescent bulb. Although it has been a niche solution for general lighting markets
in the past, the creation of white-light LEDs a few years ago has transformed its potential. Over
time, solid-state lighting is expected to revolutionize lighting in homes, cars, shops and cities.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">For more information please contact:<BR>
Jeannet Harpe<BR>
Philips Electronics<BR>
Tel. &#043;31 20 59 77199<BR>
Email: jeannet.harpe@philips.com

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">In Singapore<BR>
Boey Taik Boon<BR>
Philips Electronics Singapore<BR>
Tel &#043;65-6882 5721<BR>
Email: <u>boey.taik.boon@philips.com</u>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">In San Jose, California (Philips Lumileds HQ)<BR>
Steve Landau<BR>
Philips Lumileds Lighting Company<BR>
Tel. &#043;1 408 964 2695<BR>
Email: <U>steve.landau@philips.com</U><BR>
<U>www.philipslumileds.com</U>

</DIV>

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

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

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">About Royal Philips Electronics:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Royal Philips Electronics of the Netherlands (NYSE: PHG, AEX: PHI) is one of the world&#146;s
biggest electronics companies and Europe&#146;s largest, with sales of EUR 30.4&nbsp;billion in 2005. With
activities in the three interlocking domains of healthcare, lifestyle and technology and 158,000
employees in more than 60 countries, it has market leadership positions in medical diagnostic
imaging and patient monitoring, color television sets, electric shavers, lighting and silicon
system solutions.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Forward-looking statements
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">This release may contain certain forward-looking statements with respect to the financial
condition, results of operations and business of Philips and certain of the plans and objectives of
Philips with respect to these items. By their nature, forward-looking statements involve risk and
uncertainty because they relate to events and depend on circumstances that will occur in the future
and there are many factors that could cause actual results and developments to differ materially
from those expressed or implied by these forward-looking statements.
</DIV>


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

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

<DIV style="font-family: 'Times New Roman',Times,serif">




<DIV align="left" style="font-size: 10pt; margin-top: 12pt">September&nbsp;8, 2006
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">PHILIPS NOTIFIES FINANCIAL AUTHORITIES OF INCREASE IN SHARES HELD
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Amsterdam, The Netherlands &#150; Today, Royal Philips Electronics (NYSE: PHG, AEX: PHI) notified the
Netherlands Authority for the Financial Markets (Autoriteit Financi&#235;le Markten or &#145;AFM&#146;) that the
company&#146;s holding in Philips shares has exceeded 5&nbsp;percent of Philips&#146; total outstanding shares.
Philips informed the AFM in accordance with Dutch law, which states that shareholders are to inform
the AFM whenever their shareholding in a Dutch listed company exceeds the 5&nbsp;percent threshold.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">As of the close of business on September&nbsp;7, 2006, Philips held approximately 61.5&nbsp;million Philips
shares, or approximately 5.0&nbsp;percent of the company&#146;s outstanding shares. On July&nbsp;17, 2006, Philips
announced the start of a EUR 1.5&nbsp;billion share repurchase program for capital reduction purposes.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">For further information, please contact:<BR>
Jayson Otke<BR>
Philips Corporate Communications<BR>
Tel: &#043;31 20 59 77 215<BR>
Email: jayson.otke@philips.com

</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">About Royal Philips Electronics
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Royal Philips Electronics of the Netherlands (NYSE: PHG, AEX: PHI) is one of the world&#146;s
biggest electronics companies and Europe&#146;s largest, with sales of EUR 30.4&nbsp;billion in 2005. With
activities in the three interlocking domains of healthcare, lifestyle and technology and 158,000
employees in more than 60 countries, it has market leadership positions in medical diagnostic
imaging and patient monitoring, color television sets, electric shavers, lighting and silicon
system solutions.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Forward-looking statements
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">This release may contain certain forward-looking statements with respect to the financial
condition, results of operations and business of Philips and certain of the plans and objectives of
Philips with respect to these items. By their nature, forward-looking statements involve risk and
uncertainty because they relate to events and depend on circumstances that will occur in the future
and there are many factors that could cause actual results and developments to differ materially
from those expressed or implied by these forward-looking statements.
</DIV>


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

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

<DIV style="font-family: 'Times New Roman',Times,serif">




<DIV align="left" style="font-size: 10pt; margin-top: 12pt">September&nbsp;11, 2006
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">PHILIPS TO HOLD EXTRAORDINARY GENERAL MEETING OF SHARE-HOLDERS ON OCTOBER 25, 2006 TO CANCEL
REPURCHASED SHARES
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Amsterdam, The Netherlands &#151; Today, Royal Philips Electronics (NYSE: PHG, AEX: PHI) announced it
will hold an Extraordinary General Meeting of Shareholders (EGM)&nbsp;on Wednesday, October&nbsp;25, at
Philips&#146; headquarters in Amsterdam. At the EGM, Philips will request that shareholders approve
cancellation of shares.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">On July&nbsp;17, 2006, Philips announced the start of a EUR 1.5&nbsp;billion share repurchase program, which
at that time the company expected would take 18&nbsp;months to complete. Philips now intends to complete
this share repurchase program by the end of 2006. The EUR 1.5&nbsp;billion share repurchase program
represents part of EUR 4&nbsp;billion that Philips indicated it would return to shareholders through a
combination of dividends and share repurchases by the end of 2007, as part of an announcement on
August&nbsp;3, 2006, that Philips would sell an 80.1% stake in its Semiconductors business for EUR 6.4
billion.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">For media inquiries, please contact:<BR>
Jayson Otke<BR>
Philips Corporate Communications<BR>
Tel: &#043;31 20 59 77 215<BR>
Email: jayson.otke@philips.com

</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">About Royal Philips Electronics
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Royal Philips Electronics of the Netherlands (NYSE: PHG, AEX: PHI) is one of the world&#146;s biggest
electronics companies and Europe&#146;s largest, with sales of EUR 30.4&nbsp;billion in 2005. With activities
in the three interlocking domains of healthcare, lifestyle and technology and 158,000 employees in
more than 60 countries, it has market leadership positions in medical diagnostic imaging and
patient monitoring, color television sets, electric shavers, lighting and silicon system solutions.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Forward-looking statements
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">This release may contain certain forward-looking statements with respect to the financial
condition, results of operations and business of Philips and certain of the plans and objectives of
Philips with respect to these items. By their nature, forward-looking statements involve risk and
uncertainty because they relate to events and depend on circumstances that will occur in the future
and there are many factors that could cause actual results and developments to differ materially
from those expressed or implied by these forward-looking statements.
</DIV>



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

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

<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">NASA using Live 3D ultrasound imaging to learn how space travel affects the hearts of Space
Shuttle astronauts
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Tuesday, September&nbsp;19, 2006
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Study evaluates loss of heart mass in astronauts

</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Andover, Mass. &#151; Royal Philips Electronics (NYSE: PHG, AEX: PHI) announced today that the National
Aeronautics and Space Administration (NASA)&nbsp;is using the Philips iE33 echocardiography system and
QLAB Quantification software to evaluate the effects of space flight on the hearts of Space Shuttle
astronauts and, in the near future, astronauts on the International Space Station and ground-based analogs.
Of interest to NASA researchers is the loss of heart mass brought on by space flight.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Astronauts commonly are thought to lose heart mass during prolonged flight. Two-dimensional echocardiography
measurements reveal a 5&nbsp;percent decrease, which usually returns within three days of being back on Earth.
Researchers are interested in learning the cause of these changes. Possible explanations include heart atrophy
caused by weightlessness, dehydration from space travel or error caused by the geometric assumptions used in
two-dimensional echo.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The new technology being used captures a full-volume image of the beating heart in less than a minute and allows
physicians to examine the heart as if they were holding it in their hands. It also allows the researchers to
make accurate measurements of heart mass, ejection fraction, blood flow, strain rate and cardiac wall motion
pre- and post-flight.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&#147;We have a very short window of time in which to do an echo exam on the astronauts,&#148; said David S. Martin of Wyle
Laboratories, Inc., ultrasound lead for the NASA Cardiovascular Laboratory at the Johnson Space Center in Houston,
Texas. &#147;Live 3D Echo allows us to quickly grab all the image data we need to do a full examination of the heart
anatomy and function and send the astronauts on their way. Following the image acquisition, we use off-line analysis
software to do several measurements that help us evaluate changes after space travel.&#148;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The use of this heart imaging and measurement technology will be part of ongoing research at the NASA Cardiovascular
Laboratory. It will also complement the imaging done by a modified Philips HDI 5000 ultrasound system that was
installed in the International Space Station&#146;s Human Research Facility in 2001.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">These new ultrasound technologies help us efficiently conduct sophisticated cardiac research of astronauts and the
effects of microgravity,&#148; said Martin.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">For further information please contact:<BR>
Steve Kelly<BR>
Philips Medical Systems<BR>
Tel &#043;1 425 487 7479<BR>
email <u>steve.kelly@philips.com</u>

</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">About Royal Philips Electronics
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Royal Philips Electronics of the Netherlands (NYSE: PHG, AEX: PHI) is one of the world&#146;s biggest electronics
companies and Europe&#146;s largest, with sales of EUR 30.4&nbsp;billion in 2005. With activities in the three
interlocking domains of healthcare, lifestyle
</DIV>


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

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

<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">and technology and 158,000 employees in more than 60 countries,
it has market leadership positions in medical diagnostic imaging and patient monitoring, color television sets,
electric shavers, lighting and silicon system solutions. News from Philips is located at <u>www.philips.com/newscenter</u>
</DIV>




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

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

<DIV style="font-family: 'Times New Roman',Times,serif">




<DIV align="left" style="font-size: 10pt; margin-top: 12pt">September&nbsp;20, 2006
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">PHILIPS UPDATES MARKET ON LIGHTING BUSINESS

</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Amsterdam, The Netherlands &#150; In a meeting with investors and financial analysts today, Royal
Philips Electronics (NYSE: PHG, AEX: PHI) will discuss how the company&#146;s Lighting business
continues to make a solid contribution to profitable growth and value creation by building on
Philips&#146; number one position in the global lighting market and playing an active role in shaping
the emerging market in energy efficient lighting.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Booming Asian demand highlights potential for energy-efficient lighting
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Lighting accounts for 19% of global electricity consumption, and Asia continues to make up a
growing share of that demand. For example, Asian economic growth is boosting the region&#146;s demand
for global oil by 45% and for natural gas by 25%. As a leading supplier of energy efficient
lighting products, Philips recognizes the potential &#150; both for its Lighting business and for
conserving energy.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Through R&#038;D and investments in product innovations there has been a marked improvement in the
energy efficiency of lighting products over the past 15&nbsp;years. Philips estimates that if today&#146;s
installed global base of lighting products were replaced by energy efficient alternatives, it would
result each year in approximately EUR 50&nbsp;billion of savings in electricity costs and approximately
270&nbsp;million fewer tons of CO<SUB style="font-size: 85%; vertical-align: text-bottom">2</SUB> emissions, equalling just over 1&nbsp;billion fewer barrels of
oil consumed or the equivalent CO<SUB style="font-size: 85%; vertical-align: text-bottom">2</SUB> consumption of nearly 14&nbsp;billion trees.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Mr.&nbsp;Theo van Deursen, CEO of Philips Lighting: &#147;Asia represents a promising lighting market for
Philips. Between 2000 and 2005, Philips&#146; Lighting sales in Asia grew on average 15% per year,
mirroring solid growth in other emerging markets. This steady growth in demand highlights the
importance of coming out with energy efficient lighting solutions.&#148;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Emerging technologies such as solid-state lighting to shape future market
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">At the meeting, Philips will also discuss how emerging technologies, such as energy efficient light
emitting diodes (LEDs), have significant untapped potential for meeting future lighting needs. For
example, Lumileds, the solid state lighting business Philips bought out from Agilent last year, is
already further fuelling growth at Philips Lighting: &#147;Over the past three years, Lumileds has grown
at an average annual rate of 24%. Clearly, this trend &#150; along with robust demand from emerging
markets &#150; is helping keep us well on track to meeting a long-term annual sales growth rate in
Lighting of 6%,&#148; Mr. van Deursen said.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">For more information on the Lighting Analysts&#146; Day, please visit <u>www.philips.com/investor</u>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">For more information, please contact:<BR>
Jayson Otke<BR>
Philips Corporate Communications<BR>
Tel: &#043;31 20 59 77 215<BR>
Email: jayson.otke@philips.com

</DIV>

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

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

<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">About Royal Philips Electronics
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Royal Philips Electronics of the Netherlands (NYSE: PHG, AEX: PHI) is one of the world&#146;s
biggest electronics companies and Europe&#146;s largest, with sales of EUR 30.4&nbsp;billion in 2005. With
activities in the three interlocking domains of healthcare, lifestyle and technology and 158,000
employees in more than 60 countries, it has market leadership positions in medical diagnostic
imaging and patient monitoring, color television sets, electric shavers, lighting and silicon
system solutions.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Forward-looking statements
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">This release may contain certain forward-looking statements with respect to the financial
condition, results of operations and business of Philips and certain of the plans and objectives of
Philips with respect to these items. By their nature, forward-looking statements involve risk and
uncertainty because they relate to events and depend on circumstances that will occur in the future
and there are many factors that could cause actual results and developments to differ materially
from those expressed or implied by these forward-looking statements.
</DIV>


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

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

<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Philips completes sale of 80.1% stake in Semiconductors business to private equity consortium KKR,
Silver Lake, Bain Capital, Apax and AlpInvest
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Friday, September&nbsp;29, 2006
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Amsterdam, The Netherlands &#151; Royal Philips Electronics (NYSE:PHG, AEX:PHI) announced today that it
has completed its sale of an 80.1% stake in its Semiconductors business to a private equity
consortium consisting of Kohlberg Kravis Roberts &#038; Co. (KKR), Silver Lake Partners, Bain Capital,
Apax Partners and AlpInvest Partners NV. Under the terms of the agreement, which was announced on
August&nbsp;3, 2006, Philips sold an 80.1% stake in its Semiconductors business, and estimates that,
after subsequent payment of taxes, it will receive approximately EUR 6.4&nbsp;billion in cash. This
transaction puts the enterprise value of the entire stand-alone semiconductors company &#151; now known
as NXP &#151; at approximately EUR 8.3&nbsp;billion.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">With the completion of the transaction, Mr.&nbsp;Frans van Houten, President and CEO of NXP,
relinquishes his position as member of the Board of Royal Philips Electronics. As a result of the
transaction, Philips will treat its Semiconductors activities as &#147;Discontinued Operations&#148; in the
company&#146;s financial reporting as of Philips&#146; 2006 Third Quarterly Report, to be published on
October&nbsp;16, 2006.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">For further information, please contact:<BR>
Jayson Otke<BR>
Philips Corporate Communications<BR>
Tel &#043;31 20 5977215<BR>
email <u>jayson.otke@philips.com</u>

</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">About Royal Philips Electronics
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Royal Philips Electronics of the Netherlands (NYSE: PHG, AEX: PHI) is a global leader in
healthcare, lifestyle and technology, delivering products, services and solutions through the brand
promise of &#147;sense and simplicity&#148;. Headquartered in the Netherlands, Philips employs approximately
125,500 employees in more than 60 countries worldwide. With sales of EUR 30.4&nbsp;billion in 2005, the
company is a market leader in medical diagnostic imaging and patient monitoring systems, energy
efficient lighting solutions, personal care and home appliances, as well as consumer electronics.
News from Philips is located at <U>www.philips.com/newscenter</U><I>.</I>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Forward-looking statements
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">This release may contain certain forward-looking statements with respect to the financial
condition, results of operations and business of Philips and certain of the plans and objectives of
Philips with respect to these items. By their nature, forward-looking statements involve risk and
uncertainty because they relate to events and depend on circumstances that will occur in the future
and there are many factors that could cause actual results and developments to differ materially
from those expressed or implied by these forward-looking statements<I>.</I>
</DIV>


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

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

<DIV style="font-family: 'Times New Roman',Times,serif">




<DIV align="left" style="font-size: 10pt; margin-top: 12pt">October&nbsp;6, 2006
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">PHILIPS ANNOUNCES DIVESTMENT OF ADVANCED METROLOGY SYSTEMS BUSINESS UNIT

</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Amsterdam, The Netherlands and Boston, Massachusetts &#150; Royal Philips Electronics (NYSE:PHG,
AEX:PHI) and JHW Greentree Capital today announced Philips has sold its Advanced Metrology Systems
business unit to JHW Greentree Capital, L.P., an affiliate of J.H. Whitney &#038; Co. of New Canaan,
Connecticut. The business unit will form a new company called Advanced Metrology Systems LLC. As
part of the transaction, Philips will retain a 19.9% stake in the new company. No further financial
details of the transaction were disclosed.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Philips&#146; Advanced Metrology Systems business unit produces measuring equipment for the
semiconductor manufacturing industry. Based near Boston, Massachusetts and employing approximately
35 people, Philips&#146; Advanced Metrology Systems business unit formed part of Philips Corporate
Investments.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">For further information, please contact:<BR>
Jayson Otke<BR>
Philips Corporate Communications<BR>
Tel: &#043;31 20 59 77215<BR>
Email: jayson.otke@philips.com

</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">About Royal Philips Electronics
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Royal Philips Electronics of the Netherlands (NYSE: PHG, AEX: PHI) is a global leader in
healthcare, lifestyle and technology, delivering products, services and solutions through the brand
promise of &#147;sense and simplicity&#148;. Headquartered in the Netherlands, Philips employs approximately
125,500 employees in more than 60 countries worldwide. With sales of EUR 30.4&nbsp;billion in 2005, the
company is a market leader in medical diagnostic imaging and patient monitoring systems, energy
efficient lighting solutions, personal care and home appliances, as well as consumer electronics.
News from Philips is located at www.philips.com/newscenter.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">About J.H. Whitney &#038; Co.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">J.H. Whitney &#038; Co. was established in 1946 by the industrialist and philanthropist John Hay Whitney
as one of the first U.S. private equity firms, and it has invested in hundreds of companies over
its 60-year history. Today, the Firm remains privately owned by its investing professionals and
provides private equity capital for small and middle market companies.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Forward-looking statements
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">This release may contain certain forward-looking statements with respect to the financial
condition, results of operations and business of Philips and certain of the plans and objectives of
Philips with respect to these items. By their nature, forward-looking statements involve risk and
uncertainty because they relate to events and depend on circumstances that will occur in the future
and there are many factors that could cause actual results and developments to differ materially
from those expressed or implied by these forward-looking statements.
</DIV>


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

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

<DIV style="font-family: 'Times New Roman',Times,serif">




<DIV align="left" style="font-size: 10pt; margin-top: 12pt">October&nbsp;12, 2006
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">PHILIPS TO TRANSFER REMAINING MOBILE PHONE ACTIVITIES TO CEC

</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Amsterdam, the Netherlands and Beijing, the People&#146;s Republic of China &#150; Royal Philips Electronics
(NYSE:PHG, AEX:PHI) has signed a letter of intent to transfer its remaining Mobile Phone activities
to China Electronics Corporation (CEC). CEC will take over the responsibility for Philips&#146; Mobile
Phones business, which currently has an annual turnover of approximately EUR 400&nbsp;million and
approximately 240 employees, mainly in Asia Pacific and Eastern Europe.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Under the terms of the letter of intent, CEC will receive a global license to market and sell
mobile phones under the Philips brand for the coming five years.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The transaction is still subject to confirmatory due diligence. The transaction will be conditional
on all required shareholder, government and regulatory approvals and consents and is expected to be
completed by the end of 2006.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">For further information, please contact:<BR>
Sharon Tang<BR>
Philips Corporate Communications<BR>
Philips Electronics China Group<BR>
Tel: &#043;86 21 2205 5636<BR>
Email: Sharon.Tang@philips.com

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Nanda Huizing<BR>
Philips Corporate Communications<BR>
Philips Consumer Electronics<BR>
Tel: &#043; 31 20 59 77915<BR>
Email: Nanda.Huizing@philips.com

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">China Electronics Corporation (CEC)<BR>
Name Ji-min Zhong<BR>
Title: Head of Executive Office<BR>
Tel: &#043;86 10 68289195<BR>
Email: zhongjm@cec.com.cn

</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">About Royal Philips Electronics
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Royal Philips Electronics of the Netherlands (NYSE: PHG, AEX: PHI) is a global leader in
healthcare, lifestyle and technology, delivering products, services and solutions through the brand
promise of &#147;sense and simplicity&#148;. Headquartered in the Netherlands, Philips employs approximately
125,500 employees in more than 60 countries worldwide. With sales of EUR 30.4&nbsp;billion in 2005, the
company is a market leader in medical diagnostic imaging and patient monitoring systems, energy
efficient lighting solutions, personal care and home appliances, as well as consumer electronics.
News from Philips is located at www.philips.com/newscenter.
</DIV>

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

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">China Electronics Corporation (CEC)&nbsp;engages mainly in four business fields: semiconductor,
computer software/hardware &#038; system integration, telecommunication network &#038; terminals, and digital
home appliances. Sales revenue of CEC in 2005 was RMB53.38&nbsp;billion Yuan. Its business activities
cover the complete value chain of the industry, including R&#038;D, design, manufacturing, application,
marketing &#038; distribution and technical service. In the fields of semiconductor, computer software &#038;
hardware, telecommunication engineering and mobile
</DIV>


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

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

<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">handsets, CEC takes a pioneering position in
China in terms of production scale, technology level and R&#038;D capability. News from CEC is located
at www.cec.com.cn.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Forward-looking statements
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">This release may contain certain forward-looking statements with respect to the financial
condition, results of operations and business of Philips and certain of the plans and objectives of
Philips with respect to these items. By their nature, forward-looking statements involve risk and
uncertainty because they relate to events and depend on circumstances that will occur in the future
and there are many factors that could cause actual results and developments to differ materially
from those expressed or implied by these forward-looking statements.
</DIV>



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


</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>u50917u5091701.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 u50917u5091701.gif
M1TE&.#EA;`*A`.8``.3*LU:M6-KIZFA%-)1I5,O=ZD>/O+?>WAQ[LI20DO#I
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M]_____O[^_/W]_/S\_?[^_/W\O/S]__[^?[_^_?S]_?S\O[^_B'Y!```````
M+`````!L`J$```?_@'2"@X2%AH>(B8J+C(V.CY"1DI.4E9:7F)F:FYR=GI^@
MH:*9?Z6FIZBIJJNLK:ZOL+&RL[2UMK>XN;J[O+V^O\#!PL/$Q;MTQLG*R\S-
MSL_0T=+3U-7+R-;9VMO<W=[?X.'BQ^/EYN?HZ>KK[-#8[?#Q\O/T]?;*[ZE\
M?*9[ID"F]O7[UX]?*7^E`!X,B/"/PC\-!28<6$HB1((5#5Z<>%!CPX<1/U+\
M8_'A0XL-[ZE<R;(ENWP)Y\ATLN/*E1U<:N*L>9/GSILY;>[PR45HT"M'<1KE
MF;0H4*8^B>I,*O6I4*)+;3;-BA2KU9\]L_[,X+*LV;-HKZ$2,R>#"!$-_ZP,
M.4!W;EVZ>`]XR'M@B%^[?`,+'NRWK^&YB`<K7GP@Q@D[$4[$8,QW<HS+F#,+
MV'QBLX`3$<*$`5)'M)TZ=N;8P4(VK>O7L&._RA<FB@@'-QI@L6+X;EW`>/?B
M_0M<<6'?O?O^/9S\..7!D^?&^-PY.F48EC-KGNZ9\PL[8L++3&VG_.K6LM.K
M7^^2-AL=.+`PV/'C>5[APX'CUTMW/V/GQ=DG(&8"7/;<9(UI=]EFW'5WP@L1
MV"%:&&R%,5YY/Z#'WH8<=IA./G,0X0065$PPP0^%)9:8<@$2-MR++ZK8'&`M
M\E6C?1[XIQB""BY88'>;01A!A#*%09YJ<T1Q1_^&'C;IY)/;O+/''"+@P,`$
M29PHX%W.Y44<<EL^M]QR8>8%PW6-);@=D)R!%L$<$P(AQFA`%"E3%$Q"J>>>
M?!KS#A]WP+7#$PD\@2*7BQ$'((N*DGG<F)0!UZBB99ZY&()J:L>F9P^6!R><
M<L(9QAVJV7%'%*SUJ>JJK-Z23Z`-:)%$H?7)N&)@9'+9Z&^_(99B<EZRR&NP
MD&Z)*5]G6D:7@IM2!R&2JI%:ITQW5,M&%&RDVNJVW'9KRJMPR4JK7;<*1NZ-
M9=IX[J3IMMO87CWZR":$GI)G*JESD'KJJ=?FZ>V_`.N9CVT-[##K$[S9"BQR
M=E71I;O!(@HFQ,$=&QC_CYHVZ."01YJ7KY(@1R$R&VSX&_#)**\G)94%'UQ?
MF#%4(;,356!@A1553`RS@0IFJMT!9UIJ*<398:?II@]&**%IYM4F@A=YB)P#
M$MAFJV'*6&=]UL""'IPP<^4"!H/,/?0````_6%&#T4;'Z[;;/WJVX'1TUYV9
MNYC"W9T7GRFMFI%(VA&%`PTX\`4;.2#.1@89:*OUXY"K!**@A!HJX%P>Q%RV
M`F7;7(7=/VK<G6.>=;$WIY\URUGJG<E]-W25Y:6W9WQW*N%IIA7I10,,-/#%
MU$D>GH/CD1=O_$NG$&QPH;SMZ'.!+531>0\MM`#D":8S*/JFU9_N16=>\*TZ
M_PPPW&#%#QBD_0,--[?=HV`89V:]Z"=$4>^$=K+A``,_.*&#R%'P0@"]8++C
M&?"`X7A'G2A'*[JXST$O>,$)O@<:`;3`;`"`@`+"%SX1G.!I`@@?IUJW("*\
MA0@A?$$&3O`@3G6A=B\0``:2<(8:N@`*9-"`!LC`PQ[ZT`5)N`)VK`>DV0%I
MA1&H5GDLQ,0PU(%E6&C`#V[2@`Q$H7X98(,7B(?`+GK1&EQK&:V8=<0KQBT&
M93L;`'"``R<TH`$WN`$,G.``!VA&!`S:3`:(P$<7AC!(K3L!#(YP!C),80HD
M(`,4T,!(*#C2!3?T82+1X((S)"$)7&A?@S1&/PA)4/]I2QR/:OX0!A'\8#X_
MJ.,IB2`R+V3`"U;[HBQG&8W)B=%0\F(3$5CH&>NUH`$`*$$'.E`"81*SF,A$
MIAIQ`(&W>.%I'/R,%ZI'S=1M!@8)P.$4>'!(-_@PASR4@SCE@`8YN,$-.T3#
M(RN)R1\X1H)M8B$+A30D(HE*-#*!DQAL@P4L_*`!U9.B%^90OQ.LD(NT3*A"
M@Q'&Y3WA!JIKUO>B@(,*&'.8&,VH1I.IQ@Q2;S,MH%G9?@`#(L;@"F<@P13<
ML-)SKG2'WR2#'"!)4S3D4(?GS*D&*(G)&[1`G@^*(+WNX"G\02M:3-@=`WI'
MN/Y9D841B$($"KC0JEH5%RO_ZUJA('HZSO!M.J"98(2V8%&-FO6L&RU!!0#@
MA!;``'V=<T)GN.`"E?+``G=]J0Y[.%.:TG2<,^VK"]"@@9SFE`QH2,`/OB?4
M"$:(J!:J$(7F=`<BM"`"-]#!B+#@`+>(@'%12R*&KG;5TIIV-LG3ZD,CZIGO
MM.4M+9A##RI0`;12(*W&+,$:+UJ"'A"N`ACH05M/0`,-3"$./$CN75EZ3IB*
MDZ8V=($X;[I7<1IAG(9%IPNHX(0,T$MI1EI:A>142C=&P8T.^,$/6B"D#$0U
MJO="Z&GG2]]2@.N67&6M'>J4`3"$E`U?J&AM,VK1L@Y3M\$49@DT"(",XD`'
M!0MN_PM0>(9M<K.;.MTK7Y_[5SD4UK`ZM*XX"_MA-[@@`3<`C7N'A!I1[K=.
M^G-"AO;GA!OX[P52K>>^1EO?'O?XO@[-;T3G\(<Y;`$,.G"`#I"@@+-IE`(9
MA,!MB0D!"#28R@JX:`=PD%X?2/@&23!D-UO:W.I.5X?5[2&:LXM.#7C8PVMV
M<P*<X$JI_DT,37-:"Y@@XSHRP*=/TS%1J[4OJOKXT`O]$ZP<V@#63N<%,MF"
M`YS0U@B(P0L]T+)%K8S19'::HS@8:0762U<2-+?,.Y0##W?HU^EF%\UK9C.)
M<8IF.20`"R(@*IXME,\[L($(A&,"$VYPA1\PH06N9`/'S/]C*LA,E;2(CO8L
MLXI?UO[H!'?00WHAZH4[`"'+PX3#@;4<;K.JM<H0*%L/?K!N*+C!U*9^:3@#
MFT/!5M(%9&"I!2R`:IR><]]L!K$<SL":.I%R#G*RPQYUP`1CD_H'G[4B*.\%
M&5.=0+[2SC@"&WJP_.[2FMVI'A$BT`6<D:\+=V@RN<\J[@,3$P`Z`,,7'!#J
M'BB@!4G8YB$/:8$I\!N=@O6P3#DLW7R[`>!M7O.^D9Y=@&O@#`T@59%/(Y,,
M.(`)NCGE+UN`1"4Q6XD3M"`#H*WQLAO/ED&6)W6`.L\5,L@O55!;"Q2@\D_C
M]FRA]L(NAT3-9S(`"COWN07B,'C_I+OYS+`.NM$#7N)_&U8"2T=G`G0`D#G4
MX3TZ@'`__8GK%BQ.M.:I9Q3VZ``8.`#C9D^]UCB^5;4+U;M9A"]D"I2SN-/`
MQFD$P%H[>C9T9QZ:!/UD5*^(4E/?-*?\7KKRD^[O5(_3WQ:0`(AS"GG([[L(
M1?BY'!C`!R`@80ZGC^(IHU@XSV.;J.6IIT&KYX#J$9#LJH\_RA3(LD$5B@G,
M_DYJ\NGL]'_G.ZT#(8S#."^@!]A6@'K0!W?@28XE5!$@5((49NC$0\W%84;`
M`1H0>;/F9O[&?"-6;\]76-+G!A)@?==G!A8`=7\0!7.`=3?0</_4`B(@.!T#
M&4*%:67S_P5TMT7P)W\^Z"VL]P0.,"H/*$&.54](&"$"H']#0B\45Q[?44^-
M-853&`$9@%)H-@`<8`0;L`$JX`,4X`,JL`$:`'G9]W--%WDDR'0DV(;)!WGG
M9(9FD'U/)P))<GIPE!O=%05A<`)AH']&$AD6Y`0VIX-T)P)8X`4_N(CS=PKU
M5SGXUW\/.(G,)H5V0(7T-"1W@&VPYUV86(1"!1Y$\`,UM`$)\(520%OHIGLJ
MX`(#H'QS2'C,AWS*9P%F<(M!@'VWB(+1MX:&MP-S(`:G=P4`]31*\ABJ@6W)
M2$US]P6&2'>HQXC2V"=!R`1)M#AN]1F9B(1"$E02E#2>!(J8./^.1Q@%+<``
M%9"*M$5;O7<VM*4"#V`$)6:"M3AX<7"/]KB+N!@$31`$<UB/(R@'.$`E\N$$
M$610RY8:43--?4=W#@F-/3B-$ODDU.903*!"N&$B/Z`#VQ@A16B#38B)#^*-
MY%B%G=$#P*1[8`B&M)5,Q50!\'B!`Y!T:1@':[`&39"39D!X2U<$9A`$_GB+
M9[ATTG<&(B!I/J5^%Y(D'R2#X?.04!F-$SF5'1*$*:8#6)`$3Y`$-*`#H'&$
M2.@%3>B-\S229EF25#A!%R1@#Z`"%N6.%/"6+UD"%!"3'Z9T-HF3.;F7.LF3
M@P>4NYB+V9=]D*<!#?!9X:-_$!(&H6'_CG7T-%`9F5))E92I'D#6<42@`\36
M3PX0<1T9&1#86"-IA`>)ED)R@PXP6S[P`"`0E[JE5A3@FBX9AB#``0,P@CEU
MCS?)EWRYDSTYA_L8?0#';SN@`]?R@.G7-%Y01SK@!1L4F0\YF94YG:]QF872
M`)F7>5N@`UO0G5NP8I,8DB19FJ-9GB7Y@"R4`?"!!6-(`"``CP_0EBO`DA;E
MDAVP`AM@`K<9</NFF[RY!K=X?3[ID[FH?-F7`)V58\LV)-.D`PKPC-#ID-))
MG11J%HJF6MAYE$<&!F#@G3F`1)2(GJ)9EB0ZFE4809[X(,N)!3ZP`4;`A1QP
M3EI(`&TIFRY)_Y<C0`"W*7T[!%,?MF]FP)M!L`9!V9/8AWT6X)-RP!HB4XDB
M4#TB\*`*$*41*J$16:%8VAX!L6@'@YU;D`,<&J:)LT<C1XGF^8UFF::D*9HH
MZHU5(@4J\*(O2H]:Z(44@&#V20$Y6H))-V)*]Y-`&:B!6@1Q>*1'&@06D``B
M$%JW,TT.X)Q5"IT3FJ646@]!Z*5@&J9@,*8B4*;=B*9LAZ9&R'9D>9#?$QF_
MM)IR6H;[5H(2,``$,`(OEV`*-DP4``([Z@88Z*=*5P1!Z8^^ZH\2H$-F>*AF
M<`8ZP*@*5STZ8(@:%*E66JG2NC6.B*%'F:EAN@4DPS@A.:H'&53F>?^FY"E!
MC!4!7N`$,`D"+QJC<,B%!,`"#[`"")9@3_8`)L`!)7AX'C8`&L"OOJB+AYI]
M;7:;AAH$<N`$JC$D)\"LS@BMDGFETQJQ[7"I1PD?#8`#;]19WPJJH$JJ'ONQ
MWZB-OY2N)E"R$K"%=CIEQ70VR'1;L0D'>@H"^LFG_%J&]$B/0TF8/&I]V!<$
M&O`#49`'&4!-;^&PD@JQ$INTZ$!_#/0$C?8"#D`%9Y``4UL#WO6Q056$\D1!
MH\IVG*)"$<`ZA".&ZGJOL+H"(_``(W"G*XM,MMH!<!"W:`L"!&";.\JG_]:J
M)DA]K=JWV.>J;L``424"U..L"@`&1ANM2KO_N/)@E=@#`U([M8J%.M>3GHP#
M/@ZRA$#U1YZQ0ITQ02-"MO=JFZQ)`";P`'=*J\4$MQ0`LRL`!RNP`@_``OIY
MMX![?=6GAD?';R;HJT7`IPF`;-24N!$ZJ8Q[O-V`=I!XM0Y0`P7@O$2@!^C)
MN:@C3RID4!-4HN#JC=XE`$-"!%@`IRJ@K@.@A0_0!AQPNG@:3&_;NG$KMZ5K
MMJ\*N-;GJGL;AR3XDX3YN])G!.O5C(:H@XA+O,:+O`8,1JF%7WPC09X80>&3
MO=3+)@8U@)T10Z!Z!R+Z`@N8-$XP*RKPP?;*`1P@L_#:`6JTNAW0NJT;NRR,
MMO%;OC!<OM5GO]77_X;_5@0YR;LEB(%)@`74TP,.2KQ1B;0'7,344)$=%T_9
MRS<4!%3?LW;SU*TFZEC54D_Y0E!#X@!GL`$/`(9U"0(;``(@L+9X:DSO"[LM
M'+LCD+:T*\+EZ\:N*L/U6X9Q:`'\V(_\>[)R\``[H&[/*L2*:\2"[`U6F;E0
M/)[6VUC<V(!CF408+%I$%85:+`<;X`.O60$4$*]LZ[9P"[N>G,9HF[9T.[HB
M[,9O;)LE&'TS*7T2@,-[^8\GRX4J``#JI@!_#)4<6J4%/,B\G`QHE\24^SV)
M*8X.&(Z/C(05)VB/G']&(@)GP(458&4L>UOVV<ER^\EIO,8@0+LEF[[=K/^%
M`S"SUC>3K'K'.DF8*,O'/8!NM_R0B/O.AQN=1-S+]%P,UKE:K>6U;,)8SN;(
M'!.>'BEHR*QC7I`$7AAE+$M,&25N<LO"V,S":\S&!&"ZHVNV6HC*)5@$_;J&
MYMP$:_"W%VT$;ED!-0>M\"S/]9S2TG"A"APDS1:V!:(<-5`&-5`#FU%/Y8'!
M\!0#UO,=.IU$(8G3CX$$["C-G(S&H;S&H(S4:KS&I4O1WFRW=MO*2>JOK=S1
M_8BH):B%1M#%:P4!`6RT&K3+*EW6NL#2:?<@U6)Y+P`#0V`%,A#7<7TSCY:)
M,10#,'`S7.=_'EG,?A,&[.QDL#L"3;T$#V#82Q#_T:^[V"T<T4]=LC.0OJ:<
MT6?(JDFJEQZ-DX+IJB@[R\\(H1&*;F-GUJ2-#Z?`I?<G)!A,5#$`UW(]UYG3
M-^(8T^WCO>GWS^&X;'F0`U7643@JQO&Y!&(,`H>MMH3]NDR=U*S)`E!=RG*,
MI'^;I#X9!YD-H$`9W5O-`1O0``\)VI&9;F<SVJ4]WL/PR_<7T!$B2*]],U;@
M`=HHA0H[&3=S`)^1TSB=A!47!D@`!JLHS7#;!N_*FL,-W&KKT-D<T=MLNFZ,
MT91]AJV\B]1]DP`JE(;ZJ@.P`=&L`$C0SM`)W@`@WN0=XKX0A$YPVY#1`JX=
MUV70&+(-DD,B``<`UU;@_QA$@L%298..!1DR\056=J,=,`(E^ZXL,.3#'9]*
M#<H1+<K,;=%RW,I4+=W!RIL>/:B;+<(8;G.<4Z55AD'A/<\B_N6L@,3GK8GF
MFN(R,.-DR4L6U`(Q(P-'<`1E$"3AA=/'7.-@4%&P.^!#W@9M0+<3/=$L0-Q&
M?MP0G>3QF>!,'L>IK(NX*.5\F:37?>'O2=*ZYSO?S>5G8S8@#N:<7@M6^4D8
M'`,+<`1QO0`VX"S5405E@`$8<`1I\.JP#E81@!K]=R_(:0=D10&R:P*M_+LE
M.P!J"P)M8`)&,-%C[-1'KMR'+L83_>LPK.C9!ZA8S9?\>-79I]U>6`$^D``^
M4/^(#UEEZ]A[FJZ(G5[NLZ"\J4TO,?3:,F`#71!#8V,%9>#J1\#JL`[K*QX#
MW@5*%V(>=:`#<#H",R`!5<X!,[`",=OL[NG82>[8\2G@S$T`,OGL\TO9@#GM
M38""0>`&P6H!X2S";MD#.,#CAXNX'KY[4=8#FV[N+!_F"9S60B4`9K[BJHX!
M50`#&*`$1U`%U5,S-E\%;UX&T^%=S99/^<06$-">O&[A!C\`;?":';`$0?Z>
MR.[PRR[&0S[1IFR[BTZ@02KEB)JD5XVH,5S)NE=EWZY[:[5[9J/R7M[R7\ZT
M!0.)3GB)!U`&I7[O<%XS2L#S/5\%FU$S].U:;%$DD17_C)9W!SC0HB7;^";0
M!DL`!R4`N^<[NC3:\*(LW%B?]13-Y#+\W#X)J-2.J!R??9MMX:^*3B)=U+:,
M02B/]F0-]^1=C?!%5&$;`T,@`VD@!+!N\QB0!DI@\SW@\ZS.&T%"*ON7+WG`
M:X@O!F#J`&/HS9`/!R.P!,R-OC!\^8-^]=L<\9V_];=)\=+]DT)*F/\HF'D<
MQP/@`BJ0BNO<^AV%Y0H0^[)?VN8MA!?RE9TQ!*X."&EI1QA551B$55XM54>.
M&#$1$2]S=G9S87EW>7EA<V*?$79A8CHJ1B8F($NL;:D#J1RJ([0/MK8@("R[
M+`2^!+$<`\/$PQ+'%D5!3<S,_T%!11;)T=!%T<?'Q!P//A4]$`H*$#T`/3WA
M7U]8&7_M[N_P\?+S]/7V]_CY^OO\_?[_``,*'$BPH,&#"`72>1=%1(,=21(\
M<5+)SJ03)P0(."!#4!HE&%HL*E.(T2$9&*PHBI!ECLM,46(BL0-*S*4P=Z*P
MT2$%!(%6;6:T`9:JS8,1*T;<>K`D%Z]>OU*9X""L&#%DR98U:Q+$C!EKT92!
MM8!-PH!L9U1T`Q=N'`1PZ=2Q2TBWKMV[>//JW<NWKU^Z"]OQN>,0HD0F=EZ<
MB,&8\8$R'@>%;-&"9)DJ3AK'@`'#BR51GC1M0O))C!A2=>:PR8,$P(-=0=NP
M6/$ZU_\#"A22WLKEE-<O8$2I"A]`]>RQ(F:T.NOJU5K6L63+#MOP0$4%`&_%
MN54`)MRZO^##BQ]/OKSY\^$#_QE<..(3)A$VRIA?ILR0,ATE5XG1`L:!_5X$
M&$5.&$50B8$OA>;2)T"85I$=7Y3PP`:N&(7;A"/`T4$)N-7"VU-0_>9+,,+)
M(HP$UCRSU3)>?86<B]!%9]8`1FRP03<-E).=`CI`T.-WZ`4IY)!$%FGDD0"I
M]P=A#[D'GP!#'#&?#&7$(!^5!U"FD48G1'#')960XJ!+HP`1QDUUI"E&FB]%
M`$8%/IG``@4`^)`*"!1TL&$'N2GU0&^[;$"`H(2.*-54PIG_<)8RRC73U3.,
M?B4-6)1FPX$11G#C@P]2E/--CS_.A>2HI)9JZJFH!J3D'.T=9L=B^%$YA`"P
MVF>E%R]XL:477;HD1H-K6B)L!BTXX4`+&;"1@0C,BN"%)&!0`$(J*D``@*)S
M;EA""7SJ]B>@-F[`@KB"$G7H,,5EI6(3:W#UZ%?,1?-<I69156,"#R1@'0XX
M?/H6D/ADT44!!!=L<`%=O)!%JO8(@/#"^=1QPL$4=]%%!'7(8\?`)P#D\`D0
MNV,'P1'`,W$,=AP9`<4L&WQ"QNV,7$#)#)/J<!<A\Z5D0TVZ&L%BAG@0`T8M
MU&#?`8P)T%@+1$AR"9M]W!%!"PXX__%#$E"0@88+"201T1E@)S!!`SA((:@)
M=(XPP!)YPK$MMWTJY92X@0XZ;KGFOF(,BHRN6`VDT$`S*:5@2>`&ID:`<(8M
M:E6`PUL]0@#P/5U\@,#EF&,>@@%"+&`#SC7+DP("'W2A3P0+9*XZ`B&DT'D!
M'<-3@.4+`#3Z`J:_4\#E-<"3N@$%'%G#ZL1GO@#-?^QN0.^A(SEZZ7^IMP>K
M/;_WPD4G=%%@8DI;*0"OM%Y/"B9AG&F'#C=,<`8:9)#@QA0\Q,^#!5/$8?\:
M:\3AAAR8VDA;&TN``QQ6H"VX)<5/(`I7H'81%>!,96^!6\8:NA*=:81%4A8<
MR^%4H()\J?^``E+HAH[>\A8&B(IREFM="E;(0@,8(`2L$T(-7M"\=SPO=_A`
MW>58R,,5OI!UT-,=[6R'`-S)[G(>\!T"@">\RQF@AU!D80U2U@[E,:^&1;IA
M]!C2JB?<0!)@?(%%1)$'44C"$Q:9@R3R8`GRW0$&"8`"_.(7!QY,@7[2D(8;
M[&<_KS3!#`,8E"Y6P(H1Y.EMW?)0`N\VKD:*Z#</3!$SUO`5"6A``]@@RS3R
M&",-B+`"'6S<=4A(0A/JHW((2($\!%"#!:0`AB%8`!5KJ,5\Z!`!\SA!*U^)
M`"'@,'E#_(<00D`#(AP1`5=LQP):%SPC#0\!S>2'%8/T*BRZ8YC_0>S+J@KS
M!%<)RPYU&,4H'A0F).0!"$#(0Q2Z9(DZ9&`"&JB?!?B81SU:P`T6,`,]X]`N
M"W!@`ZMH"@A&4,!M=>"`?P(1(QM)KD?ZHA<<2!&+S&`!#5#%#<B0P.`RJ$E/
M\DMR"=A``GP`@,>14G(GM`<1+*=*>@A@F4N,9O.>9\Q\Z"%UN*1''0HP.M()
ML8@`68`0;!`[=^P.`3"`APV$D$TB/5.F^ICF>79:.VO^0:@+2*E>=M9%)WS3
MC&`$8QNCP)IT=B(,DIC#"[BPQS7P(`YYA"L^[UG/>=;1?ERQ@`F60`L6/&`%
M)0``(BG@H5S0+5#DLM&X!N507T244<^@_^@`-#``C/(-.<\0'%C<P`$YG*$"
M#7!`#WS0/Y*>@Y23LP<J6TH/.]@@AM:L90YQ2CDA7$X$<ZAB,`]RU&2:ZJG^
MD*IYNB`$UEHU/>X``O5VT,WWB#.<J;&)F'R%B3DH-YUF:I`#DJ`!NB;##?AT
MPR7Q>4D-B'<*9J#D_;@B`5NP8*`=`(!@#?@M7?""-X?-[]U\<5A@2#2SU9"7
M)J<!*630Z`PAE,@$I#"!"3R!"PV(<`-\Y*/4UF.EJ;S'"2R'@)K.E'0>OL=-
M+W>/,!#A<D8$)E`1<M2DI@JX_1`N>;J0.N,>=XONX)EAGN"`2K@D-=$MC8/"
M@$[E>N(.Y=-!`O_D(%[QWE,#<N"?$<PK7@V0P<G,B$9ZVU6$3!'@`1N:;[<2
MJM!=@""QBDTL(P]K`KXEQUUC,=QQED'G:\@A`9C"@IYQH(,OL"$,[^`#D8EL
M87JL]AYVH,'E:(!%V=[CEOD870H$H-L5\Y9W#+O!Y:":#^7=X#Q$J/&-Q;/-
MZO78$S7YA)A^A4XB`^$/4?B#<L5P!RRX(,JW+J\+7+"!79>7#%`>+_[PR<\X
M?.6?('C`M@"PIZ38=X&+'->9&\E0:N^BS6[.;*7F:H%U"4X"=X8R%D#;`!T@
M`0A\>,>KT?V'!FC5T"R]1QT\L.A&D^Z7]H`T/E(7@F;.SM(&.6H27[S_Z>`N
MT;?BH7&&1PT>KE;/">5+=1T:1`HS17RZ0!#G#<X@WEW?^M8;.(,+C!!E*,O!
MRB>?*WCSZ94@6$`.&QB!01-)YC+S0K%W2S.Y>L&+-M?S11)USJ145`VRR$$"
M9V"`GK&@@SL``69_R-BO3O.#=\_CT/<X:E4_W-1\TW;?!5?QU@..:8)#T^#+
M.X_";<SPO4AON>YQ@*N!7&1@E2_BG_B,&JG0W2J7O+S!IC+*4PY>;DN#RP.@
M`+<Z``<_/?OFC3PS0"6_V%XDE@!/(<!QZFJ-YG2E"'--SC.>[-D)[-D!&5C0
MFM;T]#35P=VGC+<]LO!:!-C`WEVOA[[O@5-__^^6[`@8.*I@+,V#JUW4;?>+
M>MAC:M.("5BF,;(G%G2).R!9!`DHO/8U:;A+=K:S<@`VE5>>Q_0R0P+<&J#<
M`&5F_#IEV@WE+YI]<Q9I:/3G+?>*'L4";B-P30I8$&$.(`)LX"M3=QKK5@=5
M%WL+IWLXY6+UP$HVL`">8P,>\#+RT`4R8`,TI&$V(`.4Y@Y=X`$3N``;.#/T
MX&CV,&(Y=0\IY'LK-C(U,($;Z`%=`'7Q,($%<`?'Y%L%X#E%]0<TM@`GL#$D
M6((V4`,%D%OV,`<%4`,R8((V@(+\0'S[(&/PL#(S2(%)6``Y4P]U,((EN``U
MH(0EXP%12($?,#JQ1/^!%.@!*1,!K71[[B"'-G"'5!@/75"&%%B#-T@/<N@Y
M1K6%&U@#?S@/$U@#R",/8E``).B&99B'[2`QC^@Y-1!B[J`D3+)C#G`:J*$F
MSK<@#X(Q=Y`:#.`"3:91A4,6;D`<B'-RYF5>]T1^^=0N32`!%9`4K,`;]J4+
MAL6+`!6,#/0;X7)8O6`<ES5@C((<L_A=7",V4L`O.#"`R6)==0<*=;`'Z+2`
M^8!U.E4`!K!$BP@/>%``2_5#K/-$'_`Y\0".(:"(]B`&-O!$290%YO@!+O1"
M(1`"G8-O[J""#DAB]E`'$0!#0?1OM7,"0O5#^Y@"Z]B!\7`[^-9;2L1$[O#_
M3&KH0C"4CJ^C!_1P`C0@!.'(.ORX`!XPCO9@A5%E?/$0!C\HDANY.4-UB(8F
M`_BXD4NDCE?U0OJXD?KX0D0HA+(W,@O0D_V(@UU@`_@XD@VYCO[8#H=V`N<(
M2YOSD/,`D"(H`S").2[DD.\0`1ZPAC%I`$Z)@YK819UH&FN2)M-7"5_R3>"$
M,3IP!I1U(MA0(OUC(U-F.'1%42NG#+;8!&Y``4O`%._W7NWWBY/'BXN%-_QE
M-_8U#!@E%O(2=!3E77?V!$\@!3L@@%N0`1EP!]8(!-J(3GRP!Z?)C?C@C?*@
M!S!@.09`AZVY5##DD&H(DR'P`1Z`@W6P3!\`@5?W_P&QY)'$Y4+K>(<+()RQ
M])18.0\L>`\OH&C(1#,(26,OQ%1JN(\&L``0:4-%-)%EYPZ_(U//I)W8F9SX
MN$,<*`]`()Q/Y(8WF0+"AP\JV6DL^94U,$RM\P%J^$JY60"S!`].J)QD"9\B
MB4M/>(>M!)M)>(=3F#*'YEHBR9_IN9SM`);"F4K\F9'[N(Y,^`ZK16,RN:$P
MN9W,>6_R,`<U0*`;FIP'Z@YB(%3[Z8;^>3SOX'`[!G$+X@GF8PE2`Y?E$P%`
M@`4GARD<8!8F0`"&!5"[803W)PW&5D_)$9@2X`.'B9AF%HR\>&:*Z9B,92.8
M1S=V23@$I@R2,E<N\`0.)O\%2H<%J`>:HEEWV?5T>[`'JHE"#?@.61`!>YA"
M'V!U>N`!;#A4S70"'B"CO81O'N!"-O"%2I4":9<\FY-5[C"@2\1H$8FBMO1U
MK54#X1@"1"`&E;:.^WF)?_`"ARIINYFI*694X:E,,?4.Y<F?-=`Q8M`%,.!*
M,+0\`?H'`L,ZGN.1*^-*L;D/]8D/6#AOMD66-A""`J"4,+0`!8"#1J6<0D`#
M!4!#]MA*!J"'R*>'++53P[0`E/:#UQD\>.`!MM4Z-@`#*?,"+[FKP`F5#`J4
M-9`!=8"JKI1*-(`'F9I[R>.?'X"MVOJ$1>D.1/!**8"M?X`'4BF<'Q"$;]=%
MB#'_1A9A!]8G+-2'C>CT!4\`<W)S%"NP`K@QLB2;&P_09IW'3T%@;,;&%?AS
M?O5E6(RTI5QJLY+GI;]P7]B&%<X!%H$C8!J0`)RY`TOGID1`!*%99(-6!V$P
M<>@$>]T(FRPS@<.T1$$I#[1G6PO[H2":GA$+#\(I!)Q6A]@4.P+P`67+4_Q(
MK7_0G*W)J?"0!2_PK)\JFRHFDVMK6Q\0@M[9JE6$1!5)GI=C`[V*L#!E`.[Z
M#A@V=B)H@<8:=L47J2(H:3:`DC%JD/X8`?HIK?.@56L7G*F4MC($#V%I`VG"
M4ZQC`U[K#B]0E$L4A$+).JZ#<,G#M7[[CYKZE>O*G9_K_PXTT#KS>9'KF8E<
M5#WP\0+*>['?)(JB"`1(``&AA!MPT#:Y<;)Y@K(JBQS\A#_X8VS>VRY!$(S%
M2"[`>+,V"U#[A7F,]5`,9!R#0Z:;5`02X`(+UJ8,D+^AI0--0SZ>^+0-\G1W
MJEH<5CR7PZZMJSNJJGLUT*&`9E1`Z:CM8`.;<T59@(EU")O^"+?Q<$LL0X)K
MF(Z.^V^I5+911\$+RZJ82)'O,)ZR*KGS`+NZJ3LPA,'_\$PRT#(4$Z`RE@4,
M*JHIJIPVX*\MO+J'6P^AFX&P*51E6PE_L&&K6P]9T,"D\\#TND,FG+DA@+?M
M`)#\9KCX8%L+P(/X4&H[AAABU?]&$4=Q$@>]#<!!/F"RAJ0GN9&]NN$3`["R
MX6MLR.&]S,`!7*I`-K*E6HJS\"<N@X(WO7!FQD$X89$,*)(,%85@;8H%.\``
M5]``-^``1%`F_YLF?_"TKV=U2DR[/:21O=2H])`%R[3%C]9[8BN\\L"YN=F=
M]>#"\,#!\,""Q;./DXIP_S94]5``?,NJX!E\@_O"9V</,"5+KHH`*'G#!EP\
M,B5C[ABV]`".N_L'!5E$MDPYWPH/J,2/\PH/8>`!^^BX\O`"M0>@(@B;MFM4
MS_.OOT20,%2\]W`[$BP/..H>7F414<"C8')WEN`)LX8$.]!!1^$GAF10??)L
M;9#'8.'_LGW4>5MA`;QV!C;B`HE,OCE+R!_B2&#Z&V9V%@/`<M=0%LYA!F[`
M-1.0OUB`R5K``)K,!"+@=*!07;D%:$\[P$@L>^_@`#304Y,&;TM$RC0,<'^0
MGZX<#PU<K/F`R]X)L/-P2\53H.5<:<YLU&PGD3V8S.Z@:<L\S.%(MD8%0_'<
M#\\TS:I3S?=Y59O#Q?+`M3+U6B&PJON0Q.!Z.1^@4C6F`_D0K1Z&82E`QJ+;
MU=O,SJR#,?G`M[E;#^JA7-SD*F%273PJ)N7S=`RB9$;``9AG&R3+)P<U`C[A
M"K]P(O/4(OFW9<U`%A8E!^"'.+PV(38RLTOJB^7+OO<E#-VE_W]E41;WQ#5/
M,--+A\D,<`-,@'IC\G3K]@=S,'&%-@^$/0\OD*$?<,1_(*C;F0]0W*U*Q8\(
M1SLF+`]2K;L?8,/.*;=7^'LQ'*M_>\SS6M['&@_N>46H9`"E.!#S;0\R9CEJ
MRWN,6L14C<3AS+BP^=CQH*ZQI`^*9I&SRW;F7-YO"V(@FCI]K0^M3`-6#-G'
MFZ.5?28"/0KF8]"YQ0#Z4@%Q([*A3=I.H3?@55DHPB(`YL>!Z0S+$0TJ\`TX
MX`,BU]&+F;.*Y;[B,BW#P'+VAPWP^XS#7<E+%UJXY;RJ)YHNX=-<_9$II,X3
MS*[YD&@"J3O8!`\T\$+C3=Y+Y`#T?/\ZZAU5[$WF!F#F?[O"KWI5[MT.^_T.
M%-S44<<&L%0Z;KL/8CWFV;Q$GZ:[3^0ZQ77HKI/H/S1VMX/>%U;@[YRGB/A"
M<AWH8\V:[>W@7;S-`G`[^W`'MM5+-9#`\&#&S75JEFW9F$UDJ;$>#4#3`)"+
MM$`+)KL"`658P(",QO!?SQ"^6]$$ZS5)<9``UL4'.:`##?`$Y:NE6%IM[V4C
M18Y!K6@6K5@$&G`&3Y`$+WVT2W<#.L`&H/@K$^?<<R#ET2T/TVUHOY/5,D`Z
M@*X[,*Q,%?P.+_0!W_P.=]!*Q>63G$93^O"<P;7F\2#A7@WO2`76=![O\Z#-
M(SR2[A[-]*G_\,AZGY[*UL0S=C`$`Q[)#WH-#^E^RYOS[N]0N%2$Z6P.5?Y^
MU@>_#R_ED\5$#_TL$3KZX0-]=SJM7#B`!3Z@T`N-%#Y?F.MG"P1@ES`^=+WN
MQ[\>L]YK`4FP&J*9`0YP"C4"IL7X%()B]1L@#,D@*89S%5V6!)I)!3#-[3=`
M@&/":K^B&M8W!U1^V%)\S0ELX2(?N,B4X)[>#C#`.G@=#[D*J9N#RIJ^Z0/>
MP6G>:0*/\)L.N,D3Y_(M\>T8CHY+E)]*EG"HUH[/WQ0?CCFLPQ03A+P#\00N
MZ9$.X8A_#XM&,R8_\',N^+_$POJ0!5)YM:U#J?$PL::FTY^@>JN6_VJ@T`!G
M,&7$H:0B6UB\80L(-`-6,6=!X.OM$ICA2TE)0&NB*0)8L&3@Q3_+[AM7'Z8;
MT-G)V/685%%B,P%4<,EMV@!+AWJY_V-UD--K[Q+GOM>D+S*OM=U*]-_VB<SP
M8`?+!`@&!7]_'P@?)X2*?W4""P8A0A\>!05=AH*+A"F'79J?BWH+"`B@IIH%
MA@NGBJ.9BYP+GHL%I!Z:KH.*-:2ZK'\%!@BKGR=="T(((08+OK^[O<^@M08U
MN\+.THNV$=J+QP@III?AS[G>?Z0+W7_DXK_GL)VTMNB*=ET>'\(A*3!ZFN@L
MBB*BP8XD"9XX$#,G3,.'#L.$`4)13!B&?_\F<)#`4<*``2!64%@Q`@0+%AL(
M&.'`P00!$"`>F!C`\2/'(D'6Z-39I&>0)CMUFC&#Y<X<HQD:/'%AH4@1-T8V
M1-V0DH#5JU:I2AW0-$@1"QXU2-"08((6*@S2IL7RHT$#)CKLS!$C=VZ=.4?O
ML#DZYT<&;^Z>G3`4(IN-2-:D9;%!"N"G5"$^``L1PD,=374*"*%LH\N+RX3B
MR?LP2UJ$4:7L$4HUS!R"5XIB$4%%*G&KU\YX(<AFJ@;G4Q&ZV/A`^0,[;;IY
M2Z-F.P(G#V)4$Q)FXX5J<.\^!?YE`Y+M9P)L@=[.2O2F>8J"(:`AG5"=$P4>
MO;:\2*"B.P4/)G3_`,2B18D`3B3&@`2*L4<"8M7DT08K5$!!22Q8-5-''+QD
MT@PUV62!&4#MU%-/:^244Q-FN.'`7'@EE8`<%L2QQE-&N*`5`55A12-5*TG0
M51$2N#$`5!-0H<456&"Q5I$-W."`"',Q-`<0==3!T!U4WB&77X`9DMTI6?AV
M2!B+U&"``>Q)\\(H(9@2P6$IQ(?>(J=11D,BN.#V"2>D>2,**>VQ1DQY=LHC
M"VT(?/>'><E)0\,RAG[R@C[+W.)-HJHQMT@RU;47"YWH8#>.EL_4D$((94K#
M2V&*D'>*>7_@65H[L;2G2!;"";.`=8K81PA^!B'TA!,7]1<@@!3U9]$<_WOD
M<<9&$G!@Q+,@5`!`"2-4901-%C35K$L$S/21AD4$M89/(8[+4QP:,'F7'06M
MJ($;+38!%54TVH@5O1S0)`%.//ZX`154[$"DD0P4B<5;.F0P(%YV27D4&U1>
M^9<VJI[R`F&2KK;9!W9(TP4G0IPR6"24%="Q)@)`\@&8G[#:ZIO/G,:G='ZZ
M!MMY@])3:)TW4\J*&(8(H=QCR4@V:325OO;=`I%E;`\F0[/B*2@53S.*<=HD
M(T1I5;<<:&PPNS.'K(O0\/4?NO+!JWZ_!NO?17!/A)>30"B@`@A4@>"##RKX
M`,"T*^!M`K/PNN&&1RX-_JV&.8TKXD]FC-NA!?]R1("7'7:PT0(65)PAAP86
M].2&'$;<:^^-1BC>T4=R)+"#%@SL4'#!!L.5P1T+RR5&L7I!;.4=6%(,ZC.9
M<9)"!J#)7,TS=ARVLREA>(E`R)^L^9H`IKCLJIZH]:F*S=G$\BHPM?&<&]*L
M!!/"`B?_8L<HU".'/CJ6*@(#)+=*!X,ZQU$\RI;?&!XK(L`+,CU##P4(`0)L
M<)RNF4\3VU.$'O:'``_TKST1F)^N]C"'_/B*/Q2I0QA$"`0!+0PO84!"'B!0
M`1]0P`=2D):T(#"M!SV``"S1@`;(0#J.M*1;^?K6X89BKI\TKG%K*-$9[!`&
MS,TE`B)P0.?(X`:=/,7_6:>S44J>I3B6.&L"4KB"6FAGI`8X`&(,J\ON^A,!
M-OCN*%B8F,<$^(L7,&:!QSE,9'!EBLPD(P1RI!HG%DBU_ZWJ;.?)DS9DEII*
M?0\>B!0?H9QVJ+/YS!1GB@0E3U$'^*'CDMZH'R$BD(P4U"`+OZC#"QQ#B#DH
M4&B@\5\YJ$;'4Z2L'YP"168(@[Q4U1(4K(J@>UQYB`+$LCUVT.!`/+B?8DVD
MA,&2",/P@@0%`,!!(J%`!7```1J6P$$4>*$*QIF`OCV`62T9G!=M8H8@1`Z)
M.XF#/.-`!@;,`7-,S)P71/"#)+A``SR(0[8LP`&I9-%>J1N<":+B`]D1;'9I
M_[D!$8351+XT:0YLR$`&?'>'.&9IEEF;#QX(<3'*R.*8]_"`*VSP"R)@HGUP
M8DP*^`@GJ#'B.,*,6?=H]DA`W>QE.4M/^1:!J-J@=!$E#4$-^H</EFFB"QO[
MY/Q"J31-B"D<'J#I(E2I4DK>41:H[*,FB&"V%(Q-.[\$1?,42)JC,L)-A%R$
M`-+ZP-&,[P]?[8);W<.($]C!K07$7JX6T<%>-3.$4'IFL1A&$21XLP0=*`$`
M(*"`;I8`LA20[+2F58*1R.0CZ51G$/<E3WCN9"AFL,`9=&`4.SCI*!GH)Q0`
M.E`+:("+!ZU1MTS`VQA)80<&,Q@#Q.B`.T3I+A8]H?\;B4`EO'A4>"!=SBL%
M`)KX4$8(,#@!.[+P`N%P@AFI5`]+39'`]=$T`M9]#0SR,=Z7*=(T.W5D:R#Y
M4TGJC))%G9X'/!/6,$0`/H3)GR+\V)D71.`R>CA&I*2Z&YI5E;`+^&XS#$P(
M_\+G$<O3Q#X.48,N')@0=NAN`0005A`7T(*C-`:MZ.HHIATBNQ^N0W`\L)G(
MH#6ZV8LDS!1!G$/L]\-_"'$71OR'.2Q@`>N-`"IEG+)AT%17?R"(81520A*"
M:2("8AA#\M`#;_ZMFPJH;&=%HMD6^F`$(WC``]JPD0'T5IT#V$@1Y"FNH)@A
M#FY(`A`:@MRYW"&V24"#!J;_D"W#?:1TW#I=C7C;VPU(@78,:`L6KJ`%+.A@
MFGG!-&R)$(6\!&^..'Y&,A9XUG880AD+2(QP>AR94IOB#FAB@\@(4ZH_U&`S
MI*@&<?Z4TU\PTGOS]6GXAC&^6CSO-C>[`2F4(00:>*(.1*B!?`Z1R]60HMD>
MZ!@,7"P$F(9JJMH0Y7T6E6L:)";:TV[3)]APZLC4(!%B*(`-F+:`:I=7"(F1
M-FD<"`J7YCK5=_C#"6JPX>G)>JPL1O:PW[L(-@CC-1]X]Q_B/>_UG8<9-<#>
M"T2E#/H,EA![SL\3FOD'(/SARB*L0PE1:`?'3K:;D_T;9^&`YA5(%N844(&:
M3<*"_S:T80:,AC-77,2#)!(1M0(]@PB"+$*&2$2$27&!X0SW+AZ2KG182=P&
M(F25A#YK`[$[&`X:4*2",2$#*)K27N:R\HRB'2]L>*XT_`W`9Q#AE:^*T[+W
MSNSV2FU,?QK'J".!ZVJ0F]D'=^]LM+&G1MJC9O0==E"MC0`8U)40NH$$W_=>
MC0L2X@0NWOSZ!'NTS9M^V08HC;AI@>O3D\GS(#[\Z1>P>$7,X8Y\3SV_>_-P
MTV?XQG7W6GT/47M-W$'VIB?&57WO`&]#6<IL<T#31TC]_PQ(FEZ>5@4N^R`T
MCV`%X%_!EV&.330_($)!9\E'-H1:H"`]M61H01W^BKFU5_]T#@Z0NAOPK$,-
MR,$%+K`20==;]L)H,5(!1<($3$!V!V,[<P-W1M$0;)0!1)`!G<8&42!WS[![
MV<-6O#$<@V0`0H!DK@8<,A5P=80,N89OB5``(&,HO39`\?5X/75(!N``$#0,
MQ4<^QQ8:EM0+&4!PH\)L$1<S-"`$D!`)'Q`UK*!LI^=ZI$<--W`*<W`,2+B"
M)/@,0;@/"A0.(S@T80`#5R@$(ZA7'-@;'X!K_9!J)1A`H29\"W=72$4#7$@*
M*?"%A)4**2`,(EAK]4%8(D=R)H=R(Q1"E^$'$"!9'=`!XJ1F#P`"!/``X;0"
M*C!^W>1-(S$"2R`AZ4<3<\9^1C?_%!8P.G]Q3Q'1$$8A!CIP!?HWBFZ@0_\G
M%:'E$@EE(XQ6(6;'!&/7@`DS-Q317`P1'77P9QK%,'$72&23C&1S:P;@=\KX
MC-`8C;("2M)8C=9XC=B8C=IHC<_'3+]B$2E7?1+Q6CD``!30`33W`"7A$I#H
M9N;W`)?U<C#766D&B0.H.-BB(TYA!G.66FYP!L@3!4819!((!#K0.9[S+ALR
MBBYP!B[`$@DU@`6X4!NP`V;$!#_`BUL0@4_R,!P)=Q2X41@5!9^VC=AH!UJ"
M@B:YDBRI#4[(A"T9DS(YDS2YDAM46-$')8-H9<7B)#DP9A"B9BP0$RR0+S$!
M$]HT?G\#_Y3VN%N\I7X^HI#[6`1W1@9/T)$H^'1`D`%8D`1GX)"?,W7_=P8;
MD"^SJ%!6P76WZ`)8@`,ML(`_@`-+LG9S@%Q(0"4%@E$5>#MPIX$U238NN#Y[
M\)>$:9+46)B(F9B*N9AHLTQ3!D*[\S;_$3=;\"!+L(DL\'T/L`$FT2T$<!*1
M.`*9)5G<UWWH=XNB%6?JUQ%-H5I,X!!R80?01`0.@`43@!`)\)4`N)NZJ2-Q
MIE!/Z1)508`)@`,ZX`!.\!9+(I)XT1\0LW;*1005N!=WD('(R)C/`&NO(8?8
MV9WRTV#>&9[B.9[/"&4X^4$Z>7(GIW(JYQ!S`08^8!(^-P*,./\"Z$<`/N<2
M0QD3V00'X)=FY^>4+:%^7J1^B^-_6,`&`%*742`&1'`%5#`!3S"AN/F57YF;
M#KDO/,(2J'DC*O$`$]"68"`"Q^D`+2`"?,DP1:87J4@@<Q"2S`5;?DF>J+"'
M"]"&-)JCM@9N.MJC/BJ>4+8VZ!E"A5@L%-&<8'`W/<<"-O<@+!!T^/F9)@$"
MWD<2:;8$D"B@Z^1%^&B6')``"S&.*()_$CH!9OH$28`09X"AN9D`+J"A'L&A
MZC05#Y``4F"<.D`$).H`#I"G:,0P=]$[N#,@>Y8!(B"=1O%G,ZJC>B`#FO2C
M/GJ8D#JIE%J3:2.D^_%,*6>D*S<77^#_`SWWF9DU$O;(6VU@%2"P!"?Q`$N@
MB:S*<VUPBP/JI08:9X>V`TC@='<A!M#&`!(ZH<"*FPDPK&OJIG"JFK/*F1/0
M`-RD`\=)@<ZJ`RCZI\V9%WBY,'>@IXB*45QYG3I*8Z0">Y6*G9(ZKN9ZKM=X
MJ=X(0CI)0L[4G#G@`QO`6RR@`N&D<Z=YJE(:(4-YF:H*FDXI6@6Z.#/P+1P@
M!49!I'=0F[_Z!&>:IL-*K!%K!$W1+ZHY."`@!0W0`R.Z!2+PL1E%HB*P!;?S
MD6)0):FX9T?AL15H%!FUJ#1Z!\0A-.@JGN5:LSB;LZK1C8]9$3JY1A4A@3D@
M!?/*6S&Q<TZ)_Q4G,0.?.90G$:JR6J`&ZA$#4+"@-0%(\$P2L8H-V[!I*JP1
M>P8:X!0\@CANQ@$^H`,Y``$XP`1;@*AM-+(D2ZW&2)W3I!=Z.JW<"K/DJ1[L
MH[/DRJ.`.[B$:PKFN:[IB7(Z21$CY`<5<$/X.!6>N5M9UP9/"YJQ&K52FR$?
M@2$#0`!8X`<4D0='P0`.Z[!E^K`1&[9R`*<9TA)&T`!^``:^V@"^,R4YL%%O
M](!_1I?8:J@H*I`RZJWDV4G]`).%VY(WF[S,J[,\RS9.`+2[HW)`*Q%`@`0`
MH`(IX451@3><*8OWV+2GJ;E>JB\$*P$SH`(ZX`>D.P=YH`-EBKKRB_^F%3JL
M+B`'\%*V<<H2!,`$'20%/M`#>C$V&+4%.9`#',61;D27*OMG'TL$:/2RQ#N>
M1I8",L!*S5N3#I`"*4!Z&?S!@*LK(6<0(T=E):>>8&)R*A="49"]D+@!:K:]
M4Y$2,\$!0#<#/G>YG'B+<38#JTFU5#L`+%`!G#H'3D`%:&JF2JRZ$NNF"0(6
M/J2:&U!<.O!H7]!!\&K`N_LDR)6B=3DE%!B\>*&H$PS"9GS&:)S&?Z@(T/=!
MT[>>U!<1)10%..`#F]D@UT0!D)N:'V$"EYN?-YR:9FD3W^(1!4L`.-!I#-$Q
M<W`%J&NF`'.F]!NV6]$1JU.U7ZH#_@6R&>#_!W@1!01!E\V)7%%@@9BF%UL@
MK6(LP6K<RJ[\RLU[N"0LB"A\PE'B'GD@`CN@<]MW61VP`EC*=4J;JDN*GXGS
ME`1:H(-3L#4<NL?E9R)P!64J)!&JQ!2:!`Z;!!O@`H4<Q.KD`U><(D3@R7.`
M!"]Z.RHW-^R9(DA@SE]<P!]+LF.\!7P+R_9\S_A,GL_K*TX0CB)T<A;1DPWA
M!0VP-]L'3IK(<_R:EB?A<\8\@+5JJS,PT57K$2H`!FSGGFS`!-4<)`!3S1,Z
M`;*S`U3@3RMA$QDR$P10`4C@.QFPD2M<RE[<G"H+RIUVMR^MRJ:<4269SS[]
MTT"-F#>)N"J'PNQI_Z0-$05.L`,Q5$,D<9F7"YHG\091>LS('$2@Y<-`%ZM&
MH`),8,Z[XQ!BD`$<7<U#<A8@;18&\P3/H@'=W,<FL`$]@,!4@LXE=[UN-*9/
MTL!(X,5@++(DZ[+=&M2$7=B&;9+[?%C3VQ]&ND8.<0=?T``R%TX)K=``V]`$
MP+1`IU`1#5I!-P`;T``ZH`=:MC#Y(21B]#H@#:P34#`[\$^=2\AN9@(/X`!?
MP`8MC3M[T,4MK6ECW-?,V9$AJ]-[P<J'?=S(G=S2(<LY6=2*VYY`P`?(99`T
MY""/>!*6;17Z&JM:VMEN[44=@0/KHD9'J@.3=B0,H`5GT;!HZK`,X#ER4/^U
M!1NGO'4&/8`$?H#;`NU&[CQ-RJ518*VRPSVR?'D']%S&RIW@"G[<B?V-Q<((
MUX=E)@0F;+`%./"XG1G55W&/5XW5WZ(!'.#6^R(!29`#^71/<R$1"TLP;D$P
MZRW)"8`0$Z`"`9@O%.W9#]`#&I4#HJNR#]/;'%G3&B62#6RHT:JWQKW@2K[D
MAZVN/6N()'1<Q[5&)\<&=0PA3<MS&\[AM>HC`^#67ZY#8^$")_(06E9""YN1
M#>CB'3VA,5X6/A"`!3O15ML28+I1GART>7&7S=6<#.%V?%GD).JL@:T7@\WD
MB)[H^>SD.8E8Q2+E47)/=A`!,%`#6&#'62J^6Z[_N8O3Z6'^(QHP`3C0)-+4
M)`.RL&3W%DQ@)*J]VA"K!4MQTG0NW[3M`,(KT'?`YU7"6'^N46BT9X8^Z`1.
M)4FNZ,9^[&<<I(@;0HS`"%%2+!$@``50`T=H`,.Z=5D4M9XNVXM#=4]P`G=P
M$6]3$0NC`S=P`TS`IZRNWI$LH5^+!32^$G3^<YNMOE%@SHN%46CTD0QCZ#D@
MO&IGY-):Z,6.[`9_\(/+W.A9U)\0)>AE!<A@`%!``E`@([JUPYW=Z4'<[1K@
M`II<BKOZ3-<W!SJ@@'U:FVE!:1_M[MB,!4^`(W3^!O3.`>H;Z$Y"[/Q^MQF5
MUV-:X<*^4<1^Z`@_]$1__ZX-'KV+I<+(=0(_(`1G``503PHDH$.PVW7(O.V+
ML_&%[`;%>4^1Z=LJ7O)\&D4$0VEG(07N/J%8D)OS6K5O,`,R[\/J:SEUP`<-
MS`9^T&GM6ZVYOE$YH$+][O/.>J@L6O!%?_B(3Z-#W;-%_5?#Z`7(B0%"`/64
M@0`D8/E3(%"W]2SK=*!?CO59/Q9/X!8WT`)H]Q].Y*)1U*<D2G9IH=Y:(`5(
MC,TAZI54,=%OD/LR;P)IZUI1XB1^D/,7I>^Z6ZWP//A`;^CUG/C,W_R$V>#2
M!R5C$P8GX`0,H`1/H`1'L/U*8`"73P+@GT3-PA)RX.$T\>&@KR&NZ`9D<`97
MT/\03=1$3,2K;"#V#D`$.N#ZZ0W[[@X($Q,,"6=G&R8S;6^,2RP5(F%SDG.5
M=VR5F9ISEQF>E4"5;!DB.J8B1'=1G5@9?Z^PL;*SM+6VM[BYNKN\O;Z_P,'"
MP\3%QL?(R<K$=+%S(@T[3PE/#D!U0']S#5<82F<!`4KC2E`D""3I/&82'')R
M[ASR`P,<]/?T]O@2_!9K34W6")QRYD\V,7_XA.(DHI2.A@VP8&'`X,H5+1.>
M"!J4)$&A1(S>+%DR`D".,&'R;%HI1M.=3G?FA&IYAY2IAY]>LFFUK*?/GT"#
M"AU*M*C1HSZ;P8H";4?':J_JW,%0QELX)6JR9@V0#AW_B2D6)-2+!T^>V;-F
MZ]WK9T:@0!YP>21H$4:,'9F22#DHM44$$XD5=VC!J%$0EFD>"<P(27($A!QB
M\B!1>>GEG"@K.;$9%25#I99SV/35X4"'IU6=?KA"RKJUZ]>P8\N>S5JIP6?1
MIE7+%J4%AB3BQFG5:L[KU[#VY,$SPL$$VN?[)!1I^W;*E+A0L$2Q>P<E&P=,
M&HK8PB3B1(J$J0AB,"%)1\6-2*Z`X`=(GOLN8\X![7)SAIAB`$'3:#AUQLDE
M/-&FX((,-NC@@Q`*8]L?3$7SE#6]>:-$`,.%PV$XZ80XA1MN#*#!6,\]-X-:
M`_`C@073N077=3Q81\85&5`2_YH.3!#QD%\-!#G18!NMA]$$*L`GDGR/V1$%
M$DB\I)-^*W6RF7X+L>'C*9Y<.4J"$88IYIADEFGF,!/BYA0U3&2HU8<>QLE5
MB.FXH8$^**9X5G0PFD%='''5:,:(-Q9@!TVDB;<%>.5%Q(`65%`!*14,"+G#
M!C,L-M(*%-!GAQU02GD))IE9J5\=F8AVDP@9L!$E*ZN=*>NLM-9JJVL35KCF
M$PWXAL%6;\H)(ITD:'`B/O(XE^**:[T8XQJ``EKCM#.2D``,F$4@0@L^-L1H
M>4-&*JFD.)#6``@F-#("'!2`@8EDKV[&QB69C=(JEJ#9Q.6\.F4`YJT`!RSP
MP`378O_;'FH^]0,&OZH!I[`>HD%LL<AR,$-S)BB;'#XM]MF6M(%:-^,4Z;CP
M@QTU$=&0*0ZT[("C@TFJ!0,[8%$:$TG.,-*Z)8"!!,JABFI92_S!5&4&HXW'
MKY0[Q5KPTU!'+76#MO%Q1U-/[=`PL`Y#',`%$QM;\<5H<=R/!6;$$<<:@5)[
MG776I7/&#1&H[&-I+K\\Y&"#4<0`$Z3YP(+.2W!:`1AW@!JTE)L$:,DHI+I$
MBJ)79G+'OU-GKOGFG"LSX=464L-%L%U[>(&P$X]8\9YFGUV$VM'&13(9)%@`
M-\GID'%&`2((L`5II+D,\V!7^,T`%H!7\$`;\G5000Z)+\[_>&::M7JTHO?6
MY(F_3G?N_??@AQ_+YUA3@Q6P#W\M+-C$DGAL/AOS:8$%L+=]'0E0G`'%_K3C
MG@X4-/#"";S%(R:TS%$7V4'QCD>1!NB@`2-@@7Q*\+S$W>%5EJ'>X^95)<C)
M*P>>N(D.,">^$IKPA`++5?F>L*&NE2X<%SB=G"Z``CI9QWWWP--:W'`V^H%L
M1G!!`11D:`@HH$$#)*`=%*YP`@%XBU'@0:`6=N"W\S3``3A0@01'0($2F,2"
M2/#2)@1DN<I022:6B,DE?L<RES&@>RB,HQSG&*&#)2P!26BAAUX8P_6-@5A@
ML0`/.48/%[T(1O6SGW50P$A&GFX<__N+Y`^(T`(V^`6*X*K(%6IV/(E(A`DX
MJ``("M<!`'Q1<97;!#;2**K]S`%5H.G$[_)F0`>0D(ZXS*4ND:+"T+%0ANF+
M(3#CQ+YTB(P'\TNF,I4).[4ILI%C&,,%I"G,JPC!`&?P0`M@X",G1)$)F5S@
M1#P9D09````C`,$*O`@`?LF+@YD@8QDM$Y-0Z,1>?1$!+=T(QUWZ\Y\`/4::
MFJ*;#<6I=,(<INEJ:$P:\0!VR9R"&2P0*+:UC0>-1$$T-UI-&%Y`#1AP@CXI
MZ4T<F!2<Y_$D%H+$TBM"P`<@Z"(`(/"%46UF)=I82"80\@=4_:$3&2`"TK9`
M5!&"LV6W#/^H4I?*5%OT<E=8\=HT%;K0A@8*=M"*0UMX`"VNQL6B4\@H(S=*
M36$IX0A.:,`/MM4")Y0'!TRXP0\8J-*6NE1Y*S`E36-BAPC`\S-H#,U+[I*?
MSA#AL.()7LN.:LM^-O6QD`VH;4)!4/.]T'13[>,,Q\#(KQSSHJ!MFU@Y2]:.
MAJ-K2L"!1!S0@M9BT8!,^(%*)1*D&S3`MH!#)P5F"@$OZ"<*F+A&)K3!'^J]
MQ!-"15HI\@8>I#HVLM"-KAR?^A2#KB^SZH,A##F+`KB%-K37$6M&2TM5#F&@
M`5S8P0V6^S+8FF>E*[WM#>:+6QQPBK=^Z`P;(G!&-!:WE6H<A=W_$ONME_%3
MN@A.<!P'ZDN#*C2&U-0L,:/)2.]^5W9A)<%X-:I1\F;W0R#M`6W9BLF6_J"V
M-P!G7&]@T@KL%@(06,5_,DBO.J`J/X0]T&80N[+@P9:Q256PD(<<->J:SW3$
MG&99(0;AC%I8D6$5+X=)RU'3[E$-/<`B%MJ8XI;9UJZWK:4#NEP!'^``QD2P
M%RJFM!^=HN93=PEP4!.KV,6*.<A$SK.>;67'%6ZHC\"<:H2ENE$IPZV[4AZK
MHL=:Y8/NL07Z;`![4TR:^;*4OEUN&0P<`(8R0P`,$&"57ASPUU>Z<GJ;,*S*
M',)<`]X$SWN.M:S%5#700;6L,A1F-"4\_T,(4SC1P)8R60>]/B6TP`L\TD$+
M%LM:\-`7Q8QM;2E*8.9/;^$+BZ*9#AJWB0P>J!,\9C5S6?;&69O[W&,B7^B2
M<`:-)E37$2[O=G\=['J/EMBFBV8`!.`)2"_;`4YP`LM43%_&/H0(6P!#`U0P
M4S`@+0-,X$("&K#*4DWO#OP5L%`1SD81WL0!Y4:WR$>N('7O"@KNCC=YY?TU
M)=O[Y53>]3"5?`$E","PVW)`#P+>QL5F^A3)!4,)5&!.'6QA7@ZXP@0<(`::
MT%-H^F%:4).K,H^+L+$DS[K66U/K%;9;YA&69KR]]K5"OSS1W.6HOO/-V9KS
MFPTOT&?+O`EIYO_F[2%;:!4;.JV""L`8,Z"3=#T/].U6?GO.AZTZ\$[!:EAO
M_?&0+T:?<Y.`"9P!T-D]G>8=[2'KOOL"0PP]Z-\M^L\G5'UO$N89CM""C[OU
MK3]6L>Q;)D((5*#O."B->&B/=Z&*I\>_+P5[6\U86H8\\LA/ON1CP10FL$<C
MXAI7],4UJ4EQ(6:2N@C?(L4%*G2?"Q/H_O3%/WWJ5[_\W/>^^LG/!?&W7US?
M5S_WR4\%*:1__O!?/_S9KW_\IS^]-2,1/\`&RE>`!N@+:9(!MK0#ZK$1&O&`
M&9$13S"!$0B!%B@(%VB!$YB!%4B!%?B!#[B!(-B!%,B!&VB")(B")SBF@AKH
M@52P`U>4`=EP@#18@T[E#&S0`JI%$3O0@S[X@T`8A$(XA$18A$9XA$B8A$JX
MA$#80.&1`3QE@U(HA1.B#1G@8RIV4N"DA5P(5UOHA5V8A5D(AEX(2F/XA6*(
MAJ!$AF>XAFKHAG"HA6:HAG)8AF&XA6THAP;$*G<P@U/XAP=8A=J@)<%7B(9X
>B(B8B(JXB(S8B([XB)#8$%&`&6$`B)9H@'00"``[
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>u50917u5091702.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 u50917u5091702.gif
M1TE&.#EAM``R`-4@`+^_OS\_/X"`@._O[P\/#Y^?GR\O+Q\?'U]?7\_/S]_?
MWV]O;T]/3X^/C\#`P*^OKT!`0-#0T/#P\'!P<&!@8.#@X*"@H!`0$"`@(#`P
M,)"0D%!04+"PL']_?____P```/___P``````````````````````````````
M````````````````````````````````````````````````````````````
M`````````````````````````````````"'Y!`$``"``+`````"T`#(```;_
M0)!P&!%,C(*D<LEL.I,3S&=*K5JOV*QVR^UZO^#M92.(#,\2BD9R;KO?<&%%
M&J[;[_B\_D-A$R%^<8*#(!$7>XB)BHM=&4,6$X22@AN,EI>8>0X@%123GV^9
MHJ.D5QL@?:"J0Z6MKI80%9&KJZ^VMW@0#INTJKB_P%P0&F:]H&$'#0`>'@`-
M!\%3```(T;D"QKY?",S=W0N+#';,'=99XEH0V-F?V]T`'1W+S."(!@/C'N7F
M5@@`6^K8M>M"8`"S:E2X,8.VQ4"``%@@WO-P)8`!+`0NDJMS@.$'`@$\4@$I
M\L.!D%DR?N#V+]TZ@82\+&!6X$H!>AV842&WP""S_P$(<GH@D,##`)_,_@GU
MH$#<,@`3YS4P6',E,X@[]2GL0.#!.XT>$O@L0.!#``7=%&!].A&MMWU6`L*,
MV64>UBH!D@K-*J\``P9H!PCURG1>O*!&_QH,L"R!VYOZA)9M;(4980_^P@:8
M.8!`MP:0&QB@&0#RQ<9N`:!5$.]N%;ES!7FQ6U&OSBGDL!*`+'3``9![IQBL
MQ^W!/``$#HS6Y]G#@KR8*S-K8!;ZQ0\W9^J;TL"R42H&'WPXGMS`4X`O8\/Q
MTMWY%>T-@G_8&."ROH-4@D-/,*WH@'D>;723`@->P8P"^24U#5J$[0-=4E0L
M@P^`$3:#GGJR=0%=9U44Q/^,`?*1<Y-@[4F6($5FT13/BI3Q99(W]50QW8DK
M'K91BN]4.&%859SG$H9Q?$'8`,]M-M8'P1W@G0?B""4?DLR4U1Q<)OF(VW;8
M_526='`Q<%452F(IE(3@>2">E>/Q^.,DNQ3S1@0.5+">%T1YXPUR'WCI00,!
M%&4F30SXZ6<5R\%3@%!\EC:-A2[F>2.7/1KU'`/P,),``PA0M5P!I7V89DM3
M:%=``S&^EAX<%F10Q044R/G((5-@X"8K8'2`%%,(30'9GB(>N-1M5+1G)I)(
M-87FC4*5="65N]VY'%)XGI766HQ.0<`\[ET!VQL2J)J%!D,(8,4%KM(:!@-(
M%8#_0`#HG+0E%09<%Z\6)!&*$D%4V?'0EN2<5)*_7KB;Q;9M=$M%!DE0`.L'
MX(+`@1D&,]S&'038VLT`UT6C7<9X/)H)P6=00(4%:'C[0;E".#!%>BKGP4`#
M#[P;#5J@YN%Q)J<.(0$5.4L`ZRSA3H%RR_SLP1@`KG6,Y2@Y"\$!%2@/(?('
MC@SA[:E$%ZUU*TV#(.X4<'S]P1E37(#UUFB30D#7%E`1R!D3Q`HWK"PGG?;=
MB2S0=04COT&')V>TC$'@U.!M."*'=@T"!&7/B@H5O)`-]A`.+,/5X9B'T:<^
MBAM"!04<.*`!'1_,8H$?;7\P..783E/CZ[#'+OOLM-=N__OMN.>.>P&J==.!
MXB!8L/`5@"_^`00FLXRMG<PW[_SST$<O_?345V\]]+\/$@'C5F!`\A"55`%T
MRLM?;_[YZ*>OOOG9$U*!V,=SP(8?H@M@0=0@5+[^_OSW[S_U[9/$]HCW-CCH
M3WJ+^I\"H\<?`-S*>?_QDS<4X$#F`4""=TI@\P(XB0A0@`X-(\0!G5<`CAE@
M5^N;PJ_VIT([(>@#RWE>`NYR``G6HUF68D@`;E45[6P0>(*H@.,$,4([#0`=
M5T!7]%;8O!;ZSXG=H!;V3'*=,%$I31RBPH,XY"'G<1!(K',>0BKFNBTI1(P/
M>AX4^;=&\5@E>C"[T3+*DA.(>/^).@5IB9_J@4+F?1&,^2N?I:R%P01LR4\#
M>$`'E!$=\_2.0!TH@%M0M(!#%0`IB8RD3Q;D@0)<LHE0Z@8TN@@]:$V!/U-`
M2U4\`!&%0",G+TSC#P'9AB)^8XTWFDG,.F2%>/026",I2@(\TBP5(L2'WH!B
M54`R%>K5Q#/4F0^C#!E*.T;')`SHXUN`.!=;?BE-=FK)6:3$NPXLX"*.C.9-
MJN*5*:!+`=#("S2X0<T77B0`70'E4CB&(^E!)"?[@-!XG`B1'5Z!B>3@)DR\
MR4II6'`*FW%H%'%TD3!Y()XH$DI5HND6<,#%*P_LAA/Q`</"?0"#SA./AP+*
MJ)8(I:#_;O3'19KC1PW@#T@,C>89NX$0/EUIHM"!Z$3GXT1Q1F0*,71>4:<`
M4EPRCT/M626CX%G-E>PC/!*U4P=V0<LP,N^%6>I&53[0%.%XHZ!1ZB=$E+34
M/$EC&OUQJIV<F`"'DA2AWA#'@^IZTNUX1AQZXDXT+9/5MTA@?(!DZ)ZTV)I@
M=7(*9RQKF-!A$))RPXG5(`IW+N;2Z$&Q+.9!B%@BV;RJ.&0S%\T3`.;YV`\H
M,I5\E>E'O`B""=Q4/1'0YF>R(*PJXC.24U#.`D#;@9D:A`H+0$A.ZL$`<U9,
MKLD,Y6*KP(U]E$\!,DN1&ZG@)X[I"8FZ<EXDTM!5(>STJ\^!EN@")DF.ZS!&
M']`PP`.``HT#9.HJ`4!`19?"*:3:ZB&Z/6NGNO&`_1)6NKEYB(*U4V`82A`H
M!"``,CL07_MX8P"F0RR0*!#2!7I8?1`1Y(=+ZR8/%E`]%5#BB%=\OLZ<E\5V
M2L`ISN#![X%1`I2"L8ZG-ZH=/[4#&DX9$H[PA"(;&0H8.$!S=<?D)COYR5!F
)\@(FX*8@```[
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>u50917u5091700.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 u50917u5091700.gif
M1TE&.#EAZ0`U`.8``,7=Z^+H[1IXL-/;YD6,O"J!MB)]M&>AR#J&NLO<ZOO[
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MUZ'`V1MYL1Q\LAM\LAU\LQQZLAM[LAMZL1Q\LQQ]L_____[^_B'Y!```````
M+`````#I`#4```?_@'^"@X2%AH>(B8J+C(V.CY"1DI.4E9:7F)F:FYR=GI,*
M*C0WGZ6FIY4W*30IGPI/*!VRL[)<-*.<*1I9`:B^O\"%1P-9`Y\W'$$@$R!?
M(<\A$5F\CQY[=7H"?0)ZV'M[W=G;W2L_+F4UCC4,(B(/#^WN[0Z*&U#N\.WO
M(C9KB=;8ZFSK$W"/!T0<7.C+AZ_?HW%UO@4<""`1""IZOET3Q\T;.&P""CQH
M4L8(I11:**S@2#"C1'$@.C3R@`</GQ%]1O"Q67/GS9P[:]K$02`((PX8A-K$
MB1-/Q41E%O#\J1,/@@;_>N+)V8<GGH.'T`#IR=3GB30/JPK=R?7I(1`(_X*2
M!>K59UD\!LY4.0()@AL#<YO*7=K'!IB9&[5U=!E.<3>-W;:YT=`*T0`,$1,/
MK./V$)P?'SEVN_IOHT!M!<$:RJ!$\V($3AYV?'FZ3^="7Q"X=!WN6V.(WPRX
M@=!(S8P"F4%NWJW\`3U&'OB,X4.F#QGI?+)CKWY]NO8QU@ODH"/!,@;OT[GW
M&7.[T)0%V=-;ETX:4?3IX*OCYZ.ZD!D@V\TWW0DL/-1=?-)99ULB(<3U'74"
M:A?@@3<5H,0$BSS!``D&H`>A?A+*M\1SBWB0T1T"U7'''G?HH<>**!*THHLO
M[D%0'V]0@84%AVB``3@GIMC''NT14L89-<:HXO\>]1UB(HLV"@2E'OT1DL$"
M0<K(8I.,:.DBE#<6*<A%+7ZI)(PNPICBC&E>L0*&B4R`PQMLLB@DBS3:V8<(
M)"KB@1AYV)%''X$&*H88@@I*J*"'(CKHHW8LP$1EA%R6QZ&%$DJHF((<Z:BB
MA7)9R)^90GIIE8-<"2BHB1+X4*&8@KH@(A?9T6BIB1Z:J*F-*DJ`/X;<$``!
MBUZZZJ.+WJKHB#,=6ZRMG_*J*[*!7K%%%X98&BNUG/XQQ0_1%BLJ(:3*"BNJ
M@JB*:Z"N.E+LMIIRVB"TSA8*[:[O3DNH"3N00D@',TA;:K+P,@M=O;F&"ZN^
MIN(0`X^58F#LP'ET^ZW_PH*..TBYU#**[A_JLLIN@>XN/+"\"-"[[KWK]HIL
M"#(-<@,2!0ALKLK+]OG/A-AE9T`!0%]!87P*'N@%5A%[J!Y[BD2%('?T(>TD
M=OFMA]W'__$\(%KN4HB?@IPRL$*('_*!`]`%=%BV=T179X49"@R"P@<*[C=A
M'S\#K79U!I>8Y9)E4C&##CJP80()5]"XXHU+ZH%#&$\0XB.0>DK9[9%)KLFD
MU(8\N;B4,WY\Y=\P:HR(ER=&.>LA0Y9)N@Q0Z.#"`45080#J-3).!`J#6`#$
MC5,&N0(!%X11@@XE')!#$0100<%AT`7F4TT7$,+!!%2LM=5=-9F0SB!(*455
M_U>72V477:;_01-/7'GUL5C2VW166H.QA1.G7=5?EEL*[`#""731'E=&(`6(
M_<$!Q!*,^$9@@RP$JP996$;,2L0;CU2O$#4H@0$^,I#9[($*98A8<EC"&45\
M)C2.J4/Z`!(9U#Q&=*U1SFMBXRX/3D0;^/,(;XK$``]R4#$X2,`@`%";@EQC
M!4W8Q/JH,CT\7%`826`?]_!0`!U8+REK80KYFF8^PE1EA5II7U#>-Q8OFH5K
MC0A@&.^7B/PM$"ABXD$!Q+<]H%2!=W\`0!V]4I,7J$")%73)$PN!!`*T$#A[
M>`,;)(>9ERB&()<[`PHALD+3+"<B,`QD^@R!R!NNCO^3.I2A'L2D`1-DYH?C
M^(!)\EC$QQPQB9JXS]JT,TA"U.``"8*:=\@PR,LHK6[E>YJ`5DBUNET-$5F3
MSX'FU[6>?:TZ^&,;S\24`C88($1%XX,+-"`(`%3-;F,PP)LBAPG/::Y,M91;
M"3Z'NCWT\D=FNI,.RC"%*93AGG"X9QD8<(+,:6F%J0->Z!`QNLJ5CF1I;%Q`
M!8(_/,531IPJ`0X4ISH5,2`#W51=\.RT`B^TP`<TL`3'GG6H=`HB!3&XV<3>
M.3%S$6`!,%V`$A8`!)DN@``%P%@>5EBO=XEN`0@;V:L8U5/\&0I>@>*4#G+*
ML$5=5!`)J("F3*8H`Y@@#$/_<`('*`6)D=JKI(A`00E4BBF6(I5@0669R'A*
M,8\1%*@K:U<:J8HLH^(,4A'%@<NF:H>G_L$"%.!K2ZEE`"K(8`A,T(`:NDHZ
MAYKT#[=DIT+S,,C)/11T>3J30]7T3\Z-:J&M`\=/&WN'31:BG>QLJ.L,*B8%
M,,``%&7<'5R`!D',[0J@HYR26N<B')S`!5&P0-QFHC5:'D(!&S!!+B/$!P,<
M(&G"!-&#=$DV71+SF5:;#M8`I$SLR+5+7EMN-*L['S'5H`C2K-IU>@`Q!22`
M`"#ZI72?)H4U<&&X?B*MBTS*!2C@0+)L*L`'(J;;.ZU6LV7B[)(`"J;<4NFM
MI$4`_T*[I-`&?_*T#B5=D;@@-B#E+D570`*E4``''(3VLKQ]J`%BT`'\VB=^
M03$I$MP@1362@#C@PV)@W)A%N@3E?%_T++G6R&,RPIB9:50+D?''1S,6J0Q*
MKO$(5B#$0K2!QSMN,E5P4`5RED:4%A2&"Q#@F]IXT`1\&82/1OC(4(K&([_I
M2"4]F1J"QO#->C`M(3IYR!PR1S2=44`-0(!(5`K`!A,<A!K^XDH9MD0CHJ1R
MB6!<$PQD00@^`$$;YBA`[IT`!(4(7X\5..HF`GDG8*RQ^Q`!/S/*#XU=BK+]
M+KQG+9>E!=,(PA<H@(,I2GD.7"5$$$CP1E+';YOY-:A#"_^``0PTK]<>!C`X
MPN"#0ERFP`+-[#G3I&P&LW-*HU5V:2>\"-2J3K7:EA$)FDT`$A1@!)J+K4#<
M`+>P;H`(0,!!Y5+<6`+0T#[%G2YSVR:@"F`AV+Z,[GJ`P("&._SA/ZA`=*.V
M,^SN9[O%_6ZYPUNU\0I\:`$G.`3*DX@;H``,&^A!OHWY<>D88`A>[IQ^_:G0
M#\OH"DDPH)KA^;<A18$60.]`#TQ`\Q5Y6Z,#/41!$:SG09@[3&W,L+BYK5EY
M,^`)+DZ$`B0`A@1\0`K\%C<#>F&?M$Y+9'N%U!:BX*^(#7:JD=0I6\GZT[1J
M7!'Y.ED;CVIVG>[5#1B5A!&0,(3_`ZS@"DA-5!@X\(^^XVMACIIJ$3:`1VM+
M[*P54\3%'I\Q(6^LI^=ZJ]W)C7>ZQFOO=R6IWW6%`PQ4.Q5&^(`)$A^H!03>
M23-7,)L^;%7RF`?;EC/A#XJ^N7^`%MP0%K>$'U+AU$;]P-LF/HVLVH-,["`)
MEX61[2L^RY9+DPQ70,`!^I6(A-^-:5"!C]:NN]R+(Y.[LT0R>)TIWC:FM_L3
MGXX!2!`&8&$"!3&0?WP`!&9@?%,G?7KP,P0@`V40;(9@63U')$V#)+I7?/9Q
M?$FW&EBB?)YW.LUW;L^7;H!#=2DR`@7`?U6P`XJP=6!@"UE'"#<@=$1'6C+`
M32_F:C_F_VHU40%2``&+=10ZYD5;E'Y3<1>I-FNK%A9EQ$2O1C]TU!9M9&L^
MIA5;1@$10':*\`1(8(59$%*($`#84VP^D018V#F!]`T%@`\BT`0@$`+HT':-
M<!ELMAG=<D)Q-AH=J#Z6Y$*89&=G.$D>U!]\5AM^!FFBX09J2`%?``)Q0!F/
M0`,ML!D58`7YL`]4\&B.!!%Z``4_Z"24YD2:(&I95CY%B#YYN$1[-$:LMH1W
MD8-,6!."*&MUQ&3Z`T>9`(EB5&Q8YFHG(`?)AF#[I0D0N&\2"!44V&VGB(&B
ME7S`B(""^(%0=SI2=R;=\@@2T`,"!7QAIUD,@"W<1UW9\5B28/]^RK0>P;1^
MIUA,\<4?[Q=R`2>('`<V]D=>UU&-CH"+ZWA^],@'!;`!#D@N,R>.D7!M*%:,
MB/`9Q'=TV?A@2K>!S5B!+O*,=>)\T@A]$'6+D>A@$6B1*K([)=)W`@D)V@)Z
M%@,NG+=3IPAZ;M60CM<R8B"(IC<H=J4L>(61@H5YJ9<'1=`%<.@D(*D)(TDQ
M<7>2<]<QIR)Z*W-VT@*31*5WI\-WN&*/C7"--ZF2-&D`82!BT!&0PLASQ!A)
M"9F,%H9\#9E[RA:1>P:-#!6"V2>5C$"5&DF,JW4%..`%/D!R)1)R(?D(Y/@A
MYJAYZM==8\!^WW1,AY!,^/>.>Q:/T#3BCRWGEHN`C]FE<&R#`U2P!2"09HT`
M`R_P`A>0`Y]Y`9[9F3&@"=?7F9T9FJ#Y`CI3"%H`!:.IFJ)Y`/YG")P9FZLI
MFB\``P@!FYX)FKF9FK\9FJC)FX-`G*@IFJ'9FL<YFLD)G!?`G)*0`A#P`NV&
M`"N`-D!S-F=3`%1``D60!'2@@L%0GN9YGNA9"`J@!EG0`A/0!#RP!/(I`CQ`
MGR)``3-0!F68GOS9G_[YGP`:H`(ZH`1:H`9ZH`B:H`JZH`KJ!P[ZH!`:H1(Z
;H11:H19ZH1B:H1JZH1S:H1[ZH2`:H@X:"``[
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>u50917u5091703.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 u50917u5091703.gif
M1TE&.#EA&@'#`-4[`/___YFPU0```$!`0+/65C-@JLW8ZH"`@&:(O_#P\//V
M^N#@X%!04-#0T+"PL.;L]:"@H-GB[UE^ND!JKW!P<&!@8)"0D(K4Y5"^UXVF
MS\#.Y<7J\K/$WTUTM8"<RG.2Q::ZVC`P,']_?Y^?GP\/#S\_/Q\?'^_O[Z+%
M1:^OKR`@($]/3\_/S]_?WX^/CV]O;[^_OR\O+Q`0$%]?7^/T^=3O]6JTQ#^N
MQ\#`P!6HRIG('?___P```````````````"'Y!`$``#L`+``````:`<,```;_
MP)UP2"P:C\BD<LEL.I_0J'1*K5JOV*QVR^UZO^"P>$PNF\_H,,>#^`0BT,!#
MJ?!X'H%OX#-/^_^`9`H2$AP&&FQ0!09*'Q(&!@5>(!,:"H%5#QU]9!H22!D9
M1:&88P@(19=/BTJLD5X(>:51"GT<@G,*&D@1<#N^O;-@$06<1`\@;\<!()R+
M'')&Q"`*KT(:`1R7#XQ"W3L&#WC-1@\2=^"ZU#O8VD(1W-'8QD3MJA&0]-B[
M0M4[(!SL#1D$PD`U!0=!K!L"*9P1@?6R72(8CI'#'=PPPHDP(9\O!=!\861&
M3U@3$)^.(/"0@17&"1D\?!A2H$.&#Q/HM92`3](@_PD!$$R`5PP<JP>+8,HT
MPF%"AUL%6!8B%'3H#J$Q"WR0693(SZIP$'00RU,(`J`21!G-$,!I``FHA.Q$
M0`Q2`;0I.0I]6L1`A[=QA7SXZR'/7!"2[`A1'%0!@@*G@NY0,,%-I9<Q9YJ,
M$[A(GUCO"L!1M:,`/PD@C+B2!*+#D`\S$8CRH'5'!KJB)ZN452"/@M:O8ZM-
M*P1U$>""8\N"S6["M@*7(C'R94V(RT61)N;^<$M3.6^20O=1M=KH`P6L)%N3
M?%L(AT_$1F^&TC2)`9RR=M!6:[T;Z"+E_6=4<\1P(-H$M^R'Q'\N"?C*?Q#F
M9U9^#\KR2ENG/&91>).]Q?]A:=U@QR$KA35WA`(>#B$9@!L6%T``KNV@7GB2
MB76*!.$I.-\3Z-UBQ$T/"-@<?PU*V-^`'_"GP01"=$#(#H3$..1N1^Z0Y!!+
M7B5+A$5<>0V3_VG`FI0,A:>)(1]>9Q=-C#A6DX_'/%7=6ZJUN$-3?,F(RGJH
M;'7$DOSMR$13WSPPDVE0R@(/.R/Z9R2(`S8UT4I"(':+@7DL*B:5D-[IW&24
M<JEE$9*"ZL&HCIV*E(\&#2CC)YO2M`MZ:QX9'Q)TQOJ+2^3MHFL'G^IIU"7M
M->7++II^*.@2&G0P%HXSX2067\1@Q>:$=;J:P00VJJ)`!ZI\6BU,G+ID&[=C
M72+_JI!RH8N`NI`YJ8J!9\5HC0$3P`79$-L")>*U#TPP@0?\$(&OOH$A=I8L
M_3ZF(G\K2N#L*8NA>^JX@2[+!#[?@#,9)]6(5$4U]'`"L@$B.T$R%2M/B'(J
M+Q\ASB]%!),$90$8$`"BGLV1<LA$V#P0:7V5?-%D,6NL]-)&L"L&,:H8Q_34
M5._HM!C;DD5TU5QWG<:B:+3L]=ADEVWVV!&\J/;:;+?M]MMPQRWWW'37;??=
M>.>M]]Y\]^TWVQV?+?C@A!=N^.&()Z[XXHPW[OCCD$<N^0X0,%'Y`3C@4#D4
M#E`P^>=DX[`##A8T(,0"$%A`^N@[8)XYY18D@(,##NS@_\#F.R1@0>4#B+Y#
M`P<DP#H."]R.PP$+)(`\Z,P'<L`.%"3@^>BTTWY\ZYD?`$$#RB/O>06F"Q%\
M`Q`\+T3OGC^/N04.6`!]Z>$W+_\9ZK<N1.;X7^_Z`;&W7C\.%1C"\W1GOAU4
MX'7JRUP#:A>\`]1N?A`D0^4F*(0&6/""$[0@!+I'/LJ];PC`"Q[N'*"]UNW.
M@CNP@`-)&+\(NO"%,(RA#&=(PQK:\(8XS*$.=\C#'OKPAT`,HA"'2,0B&O&(
M2$RB$I?(Q"8Z\8E0C*(4(8B["FX.=<*SG>^FZ,0!$&$!#'!``'OGQ?*5D(M-
M].(0V+>#`33`<Q1H``,2D``&H/\QC43`7!OUAP,UJM$(#(!`_@9)R$(:\I"(
M3*0B%\G(1CKRD9",I"0G*<DL&N&/MG/?`.JX@SG&\8U(Z-T=A:A&"E2N`F%L
M706>!T8&+""46QQE$!W0PBB(4I:XO"4N1ZG+7:*QE[Z<(C"#&<5A$O.)QCQF
M&F.I3&0RLYG+A&8QGRE-)2:SFD>\)C:+J,UM#K&;W@PB.,/YPW&2LX?F/.<.
MTZG.'+*SG9&SP`!J)T;122]XL(1G#$'IQ7ZFD';N.\([]=FX.AZ``GST8SX)
MZD(Q.H`!"3U?*%5'R8I:]*(8S:A&-\I11%I2"1:(70C:2%+VM6^A#(W@`2!J
MNPK43GK_T4-I2LM)S9GJ<*`V=2%.<PK!G?+4<IZ#P`!"X,65VM%L/OUI$L28
M1]YA#ZDU56H5B%J!+([4@`,X:MF2*E4CC#2DL/N='5T)U:YN(8PNW4$(A+>`
MWH7@E5N-JEFCH#M[;G$!RROK7&_(U;TZKJ]^91Q@`ZNXP;:3`#I(K&(7R]C&
M.O:QB26`Q@RK3L1"]K*8=:QDET79<UHVLZ#%[&8%U5ER?C:TJ&WL:'=4VG">
M-K6PU<%JY]-:;[XVMJB=[69JN\W;XA:TNO5"`@;PR@-4P'U@K`!<+RG7O?KV
MMZ(E@QMS-U;I67!ZS"7L$9X+7<@&EPL.4,$\(TI2@39WKMSM_ZYFQ^#`!(0`
ME'&<(R<%2M&.VO>^^,WO(U&@7M2B8)(?30(`'=#//E+N`&?,KG:+D-[^+O:[
M7"`=6R$`5]HE@;?8;+"#(SO9\YI5PQN&<"DP7$T0.UC$F""Q-$W<7Q0'0L70
M9+%Z70P(&#=3QMVE\1]LK$P<0U?'?N#Q,7W\6R"G0<C$)#)NC8P&)`=3R;%E
M\AF<[$LHPU;*9J#R+JV<6BR70<NXY')N.[Q@!F\XLUZ6KH>[*N;0IGD,8)9E
MFX%+YC(/8<YHKK.==X#GZ')VS5+M\V7?+(8XCU+0WM6SG1']6$([`7BJ1"X#
ME"O3,C-ZO6-8@`J"5]U/8K<(AK[CI?]5.X8ZDI"\F"3"`.JKWU:[^M4=Y>^9
M+_O?2C:!P"%0`7SE2$>M@IK5L`ZVL(?-2%G/^K&UCF2`E7`],AXXP:`&M%)'
MS5A'-V$!HD-=A1]HWCT+@=H/5K2ECYWH/WN;S^1NM+@7#&[%6OL+H49CNSEL
M;F_/6[;KWD(%0E!`U0G!E').-Z9)*^THF.ZJ#I"!Z``><(%7.]]<L&,#5HF#
M!,A@``64M\,?7F\P.+!U`U#!`3W'@%I*\=[O]@)O^UAQ\56<C,OE(LHAG@45
MYI5X.\!KS&6^\7!W?-$]=S?-_3KSGX\[Z/@V.KN1GG2"G[OH3I]"#39`]:I;
M_>I8S[K6J4[_@R1"G;4%'P(&<D#VLIO][&A/N]K)?@&O,SWE7=CIV-=.][JG
MO>U(_#H8%K#<Y=+QPF$7PMSM3OBZX_V(>O>"!2@0`M$QP+BCFW1-Y5[XRJ_]
M\$9,?!>$=[P%!%"YRO5\I9\P>,N;GNUN1SK<DW"`!J!ZHI*\P>EGGP,;$/OV
M^35VSY,-R64C8>(Y_[SG^1[`;D^A]+0O/.:+J'DN)$`%`'^\'7'``)8:7PK(
M3[[=E[^9[0W!<](KN=*:OP5LXR!\?O?]^0*_@^QKG^[<-XD>)7I!7^^(_"-F
MO_O?K_;X"V/^Y94[Q;<L^)=B^L=_RJ<Q`/A'"#5^;S=T2K!_"'AV__XW"PLH
M!"2T-`7X8@<X@8:G,=[W;]0U`*DV'QM88QWH@9>7>D&W>EM`>2JX@GGW@$KG
M!!(8@Q4(1">X8RD8@VB7@S^T@T'6@SYH=D#X!3>H@D?H!4)X9$18A*B7!DGH
M@4O8!4W89$\(A57(!5,X@5NX!5<X95E8A%^H!5V(@&68!6&896/H@VF(!6?(
M?V]X!6OX96V(@WX0A^\WAU90AVI&!7JH?7Q8!8&8?(-(!7X(9W>HA'D(A3_H
M!XE8:(M(A8WHB$8(B308==AGB9<HA9Q8=H<X!9$8!C#XB:&XB9^8`Z<8!:-8
M!0X05:7(B:L(!85(>[/X!*TX!6941:HVB?]>6(FFB(FJ!PCR97]#$(N6>(LV
MF(JJ*(PM6&,2=00,(`#46(W6>(W8F(W:N(W<V(W>^(W@&([B.([D6([F>([A
MR(M1X&GG-C^MM'/M&(_R.(_T6(_V2`0`D(_ZN(_\V(_^^(\`"0#W"`@!69`&
M>9`#^0<'N9`,N8^&LU(#4%5]-$>GPP`A4#O)]4JH)#H'0%2"\E!9!3P,@$G[
MQDJ35ES')000\&FEP(\I(`(I```M(`(CL(\S69,```,ND(\GX`(LD(\L(`(+
M63BI@X'%UWJG0T=>Y&DG553L)P9@=#KO!3U;='#0<UV<-$=,M1GZ>`(E0`)?
M&0,C(`(D@),`L`+_9#D"(V`")?`"`&`",T`"+7`")B"4"$DXF%1&J;8`GN-'
M>J27+&F!6Z1'554$=N1'?$15ZN<'^B@")G`"`$"7(M`")A"3/`D`)>`":`D#
M),`"`H"9+B`"`N`"D&F0A5.8T2A^0T!6Q<A&#&ARF``!W*9<.,"2'U>,N_95
M`34+^E@")=";*["6,&"3)."5(@`#`H"<F.F8*Q`#=EF0A<-RGB>;U+=<!R4Z
MNPA&3*4ZFS0?[N4`"V`!5:4".'<_O9,`N[A'7H16W-:2^3@"`E"3\"F4+[`"
M^U@"-?D",S`",7`"`D"9*4`"*5"?=TDXGB<`E8-7\=,]YF-AO[-!MI-78]YY
M`#(00"0$@#;W2@ZJ;;GC;R:QCV0I`"3@`B-``B;PD_GX`M18`EXIH`!0HK]9
MHB=:H-')<(B#5X%9-OQX`F09`Y;9D$`JD`F9!O^(HD$*I$-*I$>ZI/V8I&C`
)I%"JCU00!``[
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>u50917u5091704.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 u50917u5091704.gif
M1TE&.#EA'P'.`.9``$!`0)FPU8"`@(K4Y?#P\&:(O^#@X,SDC@]^ES-@JLW8
MZG!P<%!04%"^UV!@8+"PL+/$WX"<RM#0T//V^L7J\G*6%5E^NI"0D(VFS]GB
M[\#.Y:"@H.;L]4!JKTUTM::ZVG.2Q3`P,````+^_OW]_?Y^?GS\_/R`@(._O
M[P\/#V]O;Q\?'R\O+\_/SU]?7]_?WT]/3Z^OKX^/CV>>JQ`0$&JTQ*S$;N/T
M^>;QQYFK:S^NQSN.H<#`P)G('16HRO_______P``````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M`````````````````````````````````````````````````"'Y!`$``$``
M+``````?`<X```?_@$""@X2%AH>(B8J+C(V.CY"1DI.4E9:7F)F:FYR=GI^@
MH98*"ARBIZBIJJNLEA,1"18%'1T0K8X9&8T!!;>%"@F"N;[$Q943%A:F@@H:
MQHD8&+N]QL""T<_9VHD!'A/;CQ&*O,_6A>+@Z<86']`0L`$9(`D=$=\3!;'+
M^/J''QZQ=&D`Z,&6(`@%"H!H=U`:K(0!.@0<1([0*UK2@"!<%D%:P@(8=`G2
M8&&BQ@BP/(@$0C(!P(9`'H(T""%C30@)"K2TL!*#2V?J@CY*H"!1`949('20
MQD$6D``6@"@0"57JRD'`BD[56/1#!XH6FCE]6F#"!Z(*`I@"`8(BM4$8_RQ,
MF%!04`2Y$3I\2_`A+5$@'&H!^2<H8M&[@@('8!F,K%FT!1:3+5QK`@;!A*4F
MF,`!J-#/BOX63I!3$,B#'@9Q2,`!&$-F?!&A/#0A0./)@%E/-I<8Q-N*@SH$
M(!6A+1!D'CJ(%#W['RE@NBJ:^Q!5<^%>YB)?+US=.:D$NB;4^P:Z/*("Z-R:
ME@P<R%^EZ376.Z3=8@20MX'_)6<N`WK?ZA&20`0!%&@08V^)1DXW!19HBG2-
M0;A==NQ14Q&##2Z3@0=RF><A(1HD<"!N]6F@%VQS`2;8<2J.:-=;=K7%&X0/
M8M>8!^T`UQX0%F3$(A`9+"6<(**AQQAY+$K(TO^)YO#76'T74A,BDO<<9^2'
M6)X5@08*0#!6?3R"T(P'TGPP7%V#G>DBD`D,!X$N((0%BT'=:#!01N2L]@%.
M$2B0#%`[AMA7`.T@(TX&(KJ'@0*7+9-,,Q92PUL!%@0`RW9Z0@""!QHH%>D@
MCVH@:9\@Q(>E>1SPHE`\!Q4EB%D*&93!?9(!22LBLZ)G"@<H*0`"G1[X]EJ7
M(Z&GZ:)B,K.F!KYA8(H&`9`'[00)^!;!2I;%JFQBM6K4X+8LZ<I+`)V">QP&
MVIZ+'I*GMJO-CJJ(YNZ\]+(";RKRUJOOOI[4Y$L!5_$K\,`$%VRP)0TFK/#"
M##?L\,,01RSQQ!17;/'_Q1AGK/'&'$M\\,<@ARSRR"27;/+)**>L\LHLM^PR
M`00P8@`/0/``<R02;.#RSA\:8``C/`@`A``^1[(`STB7QP,/"P@@M"`,-+W`
M`T,++<#2%PAP=-0/&+#`!8,\H#4/`/Q,@`,"2##TT#PXL$#3%W@-=M)TB[*T
MU8/@;;75=]<<]-!GJRW(TTX+TK8`.O.]-,T"!%[WXY_T_?3:>BN^`-,$6"W!
M`T<+<L$#%_P-!`&74^V`V$N3SO3FG4/N>B8P__RS(+(#(;OL-]ML^^ZZ#R)!
M[8(00+/M/M\LO.$QOZ[\\LPW[_SST$<O_?345V_]]=AGK_WVW'?O_??@AR_^
M__CD6R^!T`]$;3L##LQ>_ON*&'""T```\?D"$DC0.OS\$W*VV$"H7]#J%T!$
M$(!J_1/?`P`0@A,4$'0,@!D#$,&#$"SN@AC,H`8WR,$.>O"#(`RA"$=(PA*:
M\(0H3.'2W*>(OYV.`0;8@--T=@BR)9!\,QO=!@3W``36D(`W#"(%@2C$(@["
MAD9,8LV(J,0@(K&)0GPB%&\HQ2GVKXI6A!\6LUB^+7)Q?%[\8OC"*,;OD;&,
MW3LC&K>GQC5FKXUNO!X<XUB].=)Q>G:\8_3RJ,?G\;&/S?LC()<GR$&^KI"&
MA!PB$UFW13(R:8Y\),\B*4F74;*2++LD)O7UNT&X[_]F0]PDSQ;``*II+8(\
M8-_P#*%)4=(+=`7<P`;:9P`'A-*5+9/`":@F0`$0D(E'M*`*ATG,8AKSF,A,
MIC(WR,)$$*!^]9,E+6WY0URR[&Q-&]H"`"`\!C!@E85HI36Q5#3:#0*4U1RG
M'X&ISD.RLYV*?"<\&RG/>4*RGO:<)#[S:<E]\C.3_ORGRL0I4'X1M*#Z.BA"
MZ:70A;JKH0X]%40C^J&)4M0\%KTH:#*J4:%PM*/J^"A(P2'2D6JCI"9]!DI3
M6HR5LM07+GUI*V(JTU70M*:IN"E.3Y'1JPE"`O4S``-"X,.=>J*G-#,`-VT'
MLX#BM)R["U[RTHD*GRX@!`S_$)S7C+J("UR5<:3LI@/`20BD!I``$I@@$&#(
M547$[&_1G*7/J,E*IU["IP*X@%>UV;NV(B)M!1R@(-Y9P65F$'%+<\!8%P@`
M`&S`L)"-K&0G:\QF'D("U(SK-&_I5Z$0X`39U!HW4_E-SG96'3-;FCFEF@B=
M\DMPP?/?&EV[+R!N@(#/+*K)<H@EVNJ+@*D<!`!@>S+.,6!N'O)MO0CH``9V
M[02-)1@/9N<TFA%`EH0(00@L^QGETNN7HP/`WRXW,)\"P8(_.QWBCBB!J6+4
MKLHC8/H8H#,`^-*]^C+O"6@X-0'H5J+P?1ULH4K6?9F7!UD#@MO*5B_OBM&G
M,2/`_P1#``0`,C3`"_7I!A@P7"#<EJT77MX-*$#B$IOXQ"A.L8I-'$4,GVP`
M/HBQC&=,XQK;^,8S;G$E&H#C'OL8QP/P!8Q_3.0BZY@2/"ZRDH$LY"4[V<;$
M.("4ITSE*EOYREBF,@Z"4L@D/_G+0;[%D+_\96+TX,QH3K.:U\SF-J?Y`%QV
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M[85[HN&8?CC$)0[3?U<\X`+7>,$Y?@N**QSDZ1;YODENB<YA5F>D:YQI(Y'P
M8UN\$QB?M,KAS?)*$#""^/L<+*DJB9K_^N:<R+FB=U[NGE,"O((M(-%I+O`8
M(WT32B\TT[/M]$E`W9>#I:`P3:B#JON@!I3%8`W,[H.T8Q#BC;8!"KEKB)^3
M3@)"1VXX/7YR,;-]Z\[NNB1<[@#_L)%N`?@](M]MCG)O`U[8@D>%R1GO=[,_
MOM:1Y^GBC]YX:5\>U9FWV^9U?75-9%W/G[?UP8MN]M)GXO1U3CVG0Q^*R7.^
M\E67O<$%'>VJNQX3L">S[AU->U#8GO2=/_;PG\U[=/L^^<PF.-RUO7JJ/Q_W
M(9?^],W=?(2W'OK7UO[VXUU]2!@=^=A/N?C'S^_R/^+\LO[])8)?YO6S/]7N
M=P3\6RU_2]#_R<OW9\47.:,7?^`W;O9W?STP@$=5@/QW@.Z6@/?'@)UP?`:8
M?HXG@>Q'@9Q@@0^(@9ZG@>/'@9O@@:36?Y7P?TX6@-37?:QW?7CV=R*X?22H
M"288:BA(_PDJN&<S.'TUF`DWB&DY.`D[J&0LV&<_B`E!.&E#*`E%:&0]"'=)
M>`E+J&A-&`E/N&A1N''YUPC[=X(0F&];.')=R`A?B(-AZ'!CN')EN`AG*(1I
MF'%KR'-MJ`AOR(1QJ'-SV'1UF`AW:(5YN'1[R'5]B`A_6&A7"`E96&J#&'B%
M>`B'J&>)^`B+Z&-'R'VL$'.)9S@."(8@J'R-"'FWD'<S9W[?]XG1=PL*N&93
MJ`C@54-C5T([@`"T6(NV>(NXF(NZ6(LSX':+,P.[&(S"&(R^N#@5<(S(F(S*
MN(S,V(S)F`,H1%R0\(J&H%2-=8W8F(W:N(W<V(W>^(W@&([B./^.Y%B.YGB.
MZ)B.ZC@YD4"*IS4PA[>)[SB/]%B/\_@#^)B/^KB/_-B/_OB/_FB/E`"0!%F0
M!MF/`CD)![F0#!F0]2(\R=-)A-!>GG1.R;-"H)$_1U0(:&61%7E.ZM"0(BF2
M]4)*OJ0SI.1#:',",<,``F!+J3160#`_!:8-$A`"HO5,V^0[WB0T,4DS+DE-
M:!.2^(@"*I`"*>`"*%`"(K`"+Y"/)B`")O`#+;`"+(`"/Z`"(E`"^*@"+#"2
M^,A0D[-40S<Z;%-+"E9+<W5>=)<-$20(8A,S0)0\]3--:-D^>1444,D",1`#
M+&`"6+D",I"/)8`"(C`")E`"*D`"([#_`H;Y`R,@`BT`EC]`+^;%-KJD6Q/T
M-U<#7@)02D)!1/5S-N$$-K_$F3QP`D/5EKZ`CRUPF/@8F2W@`E>ICR^0`C]P
MF"1@`KN9FR,``R*0`B,`EJ^$7$OU3(1P`3ISEVJ)EF$7%&]9,T?C`,0E83%C
ME[;4/O5C8=N`CR^PE?C(E"A0E5R9CS!``C^P`B-``C!0`E,IF2D0`RH``\1)
M+U&S81N`39,C`32P7BZYF=Z$8)_Y7[BF5]QT`3BY2CTY,P&Z5I\)!&_38>"0
MCUKI`BX@`B20H<))F"G`F"I@`BL0`[=)FS]@`C#``N@YD@D5`C()54`@`4NC
M51[YHJSY#)E#7@-=LSBS(SRI,SI3Y3X4F0[ZB)@B``,C$`.,J8\9FJ0E4)XO
M0`)/B0(R4)XJNB\\0*`%$T/R6"_\.`(N,)B4&:8)*0EA6J8..::/8*9JJH]H
0"@EK^J9MFJ9OJJ:2$`@`.S\_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>u50917u5091705.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 u50917u5091705.gif
M1TE&.#EA%P&^`.9$`("`@,W8ZL#`P/___T!`0(K4Y5"^U^;QQS-@J@I496:(
MO_/V^IFPU=#0T/#P\$QD#L7J\E!04-GB[V!@8$UTM::ZVG.2Q4!JK^;L]5E^
MNN#@X'!P<("<RK"PL)"0D+/$WXVFS\#.Y:"@H._O[Q\?'[^_OP\/#]_?WS`P
M,#\_/R\O+Y^?GP```,_/SZ^OKV]O;W]_?X^/CU]?7R`@("ITA45J<DJ4I*C?
MZU9B-N/T^1`0$'S.X2A?:T]/3Q^.IX:29S">MW-Y8YG('16HRO___P``````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M`````````````````````````````````````````````````"'Y!`$``$0`
M+``````7`;X```?_@$2"@X2%AH>(B8J+C(V.CY"1DI.4E9:7F)F:FYR=GI^@
MH:*CI*6FIZB5#!BIK8\+#`H?@@L6"Y`2%A63JZZ^K@@!OX(@(,.##!P!&<(@
M#)$7(!*3P<?6H]6?LXT2T]86(40@%<N1`0B5V=?KG=48#`$6'+<2SX(,TPL5
M"AS>[_'S!'&@P&!6``X**MPBL@J$KFT'$PX*H0"<(0D(02PDLB#CQD'[+!H*
M0$$!A049O"'2QT\8$0X([`W*)5%0R'"#W(%0H%$0S5WL@CJJ=LY"@(H<+X0[
M=\L"LPH7;A4]:H&(!),%0UP@IR"#(`3@,BA08!4!N0S/,)C]4+50!7@9_S@,
MXL#,J"$%(2H@8&5H@3`&,A&)#0`U',S`1"AP".%5$%Z]?(D$6Z`XHB#%C(5J
M7D04'9%S`LERD*N6;P:#GD$S)$L$+2VEDG?!$BV72`@*985]%,0WUB`+MC@6
M6K!0W<63$B(7TKJ0@5?5A"X\6TC\JTO)`3[@YKB7B'3AF\,;ZBQ(M=IST\Z-
M'8NZO&??V`<I>);-M\GUK/7V-$2QY"`,&5!P'2$+@)"!<84H$$^`0!4"WV?H
M0#=(`!<H$%F!!UX7#`,5KI=>A<J))QYY$,IW06-JJ>3>BJM=MDUBL]0G6EN%
M2""6(15D\`YKR"!(V2X(@B2-5PM<<(AV@R`IX?\@M43%$05`:IB=D7U9X*2(
M(I((70@(O-C5+1\(HYIJ%9P4``,4L,+A+3)".,L[5LWR`96$\"2.`@M5@`%*
M#;I'W&2&8'"2H`M(L-UPWPGZS)(,+9`BA'\&4)RD%\@%RRT,.(J`BEAJIL`T
M5_G$8VL$6H``6*R$:A5K"RB`@%<<@N7-IX)\8`P1VB$`)1$`(G#!BTE6J@!L
M#%V``)[#F01"A8?@9=,%`B)RE:[VJ$J(J0C<VBH%R_)(JXV^UH;MK9V6:^ZY
MZ*:K[KKLMNONN_#&*^^\],(;P+WXYJOOOOSVZ^^_``<L\,`$%VSPP0@GK/#"
M##?L\,,01RSQQ!17/''_O1AGK/'&''?L\<<@ARSRR"27;/+)**>L\LHLM^SR
MRS#'+//,--=L\\TXYZSSSCSW[///0`<M]-!$%VWTT4@GK?323#?M]--01RWU
MU%2'TH`@&@@@0-50$R`(`!,`P/737A,!P-9C.UVV"`1LD(@'`,0M]]QTUVWW
MW7CGK??>?/?M]]^`!R[XX(077K<&@Y0MR`9H&T*`!UI'+OGDE%=N^>689Z[Y
MYIQW[OGGH(<N^NBD4^Y`XH*$3<#IAQ#0>-H_7TV$`Z\[7COL2[N..]FW[XZT
M[KXS#;PH(@C2``"(#R)`\<%O/'PH97O0`0J#=+`!W,UK_#PHBA,1P2`>>.!`
M__?9S[O])XHW,,$@#DS0=OD8G^^)XJL7$D'R\)O?>R=E3S`#`>I#W`8ZD#]$
ME`T`*!";\0A``!VP3BCR*Z`URH8XZA%"`.O;3`0E.(SN?8\0]PO/!CGH"\4!
M@("#T,`'-;@_$I;0>"@0@`,:<+4)M'""-W1A*I@'-^31D`@H%&$.%;$#`QCQ
MB$A,HA*7R$0DWD!$`E`@$;K7@`A$X(%5&^$B##"$+GKQBV`,HQC'^,4"0%&*
MW5M=!SR0-BTJ@HMDC*,<R6A&\401=8,`@!79*"(A^/&/@`RD(`=)R$`>(!5N
M3`0<Y\A(1M8Q/'<4!/D:0`#\A:>0F,QD)@^)BD0B8O^1C0SE&!^YF4A.41#,
MBUNG-,G*5OJ1DZ?PY"%`*<I:>I&4FLG:()C'O"%>PY7`Q"0L32%+0]#2EK7$
M)=*"R4Q!#K,4Q2S$,9$92F4>K9G8?"4B??E):E+3FJ7(`03&2<YRFO.<Z$RG
M.7^136P^DQ31),0TO3E'<)*B`/1$)CO;R<QWCB*>@YAG/NGH"WP.5)3[Y"<P
M_2D*@`I"H`<-HSU'8="(,C*A"FTE0Z''S5E:U)$%_>A%?9'1A6ZS$A`5Z1`F
M*HJ*JG2,&"WI)D]*B92*E*6A<.E+PQA3F19RH]SKJ#%W.LJ0$E6,/?7I((&*
M/J%*\Z@2-2I4OYA4I1J2II/_L.E'<0H*G4ZUJE;](U/GYU1Y3K6,4CWK$,`:
M5B&,E7]E#:A:N\C53W@5JFP-ZULYX5`B:-6B=?7$78^:5ZONE1',<X`(9->Z
MN#YTKBM-ZUD+J]3#+J)_'0AA8U$*V<!V8K!$I:Q/+:N(LGEMC09TK%\[*]FO
MDK2MA"1M(DQ+!%,6@@`H8*!N=\O;WA+`!Y"E@6^'2]SB%I<&D!V"<9?+7.+"
MEI`X:.YP&4M;Z:66LW/U+"=`NU/1RE2V!A1$9C.XV9JRUA7<?:EW2PI>2_3U
MKQ'5[B;2J]+U9K2]E7CO>5M!7Y':5Z'XI81^L]M:O+[VN5?MI&KA>U#Y:J*_
M'_TO_S\#/(D!J]7!F8"P127<3@I+PL)GQ3`F-!Q1#F?3PY$`\51%?`D2']3$
M[L2J)!@\4!9;PL4#A7$S40P)%4/5QI7`<3YUW$\91X+&^00R)81,3R('D\>/
M\/%1E3P))GO3R295,'8O7&#"'AC!8C4R))!,3RI+PLK4Q+(KH>P(*1/5S)%`
MLSZ_#&:WBOD19/8FG"$A9UNJ6:-W=D2>O]GET-(9S&QNA)MWNN=']+F6?V9E
MHAFQZ)<VVA&/1NBA$3SIRRYXOZG(="@CK<E.E_;3!$9O<DD]4RV;-]7\7?6F
MGVOJV:*:RZJ&+*N%&>A&#!J9EVZ$J!NYZY_VFA&_MF6P&?\Q[)&ZHLZ`K/5U
M7XWK6.MZUK"5=GFS"FI4-'N.Q8[ML;?8[5-\6X[A7NJXWUAN4YP[CNEVYKH5
MV>Y2O)N,\4YP+&\=XD)W%]MMU;;MMMSO7,\UW]&>=S=A'6I9/QO:VG0UMQGN
M;8>W`N(1WS?!5^QO]0)<KPKW*,7-;?%48-S.$I]QO>]9<E2</-%L(Q\A*JW2
M92_BWC#]N&$[<;93;_S'':^OSBO+\PE8\K;\YKC!U8KP,',B:Y4T8-@&!P3(
MVL!PA+-!<K%.N)/_H'!')P+B(L!8I/]\RD'W[]!'VXD-$""(`Z=VP:U]\+5_
M-^1#';F[6WZ*E^/]J7JW-]]-X??_E!]YY10=?"D*KW&Y*YWN3+<[>_]NUL"S
M_-H/A[C`S>YXH"]]LI*_+^7E:OG$8_[B&-_\S)/N><B#/O/05GWB6(_VS[L6
M]G66O21I_^:T1SCT`![]8TO?4L63@O'$Y#VC?;]AX$]8^*LE?DZ-/PKD0U/Y
MEF9^B9W?8>@G.YG:?S'W3^Q]Q!?_]"9/??FEWU7JB\+Z\,1^S<.?X_''V/!C
M-O_TT>]R]>,?S_K7?OS7=_[7>!-7;0TW@(17@,EW=KUG>P:&>XBV?@A8<0JX
M>`QX?0ZX?!#H91+(:10X=PE8=Q](:R'X>",8>268;2?8>BGX>JBG>2U8>ZYW
M>S$8>S/X_X`U&($WF'LYR($[Z($].('_)V@!:%?N%PKP]T_R=U/T-V3VMV,_
MF'T=:&@K&'!3.']5^&]7"')%Z&M'*%A)"`I+V%!-N%5/V&116&2<,%ZVMH%4
M&(16.(0@R%=$8%W;IG+LAX07>'P9B`E>8ULS-W6"PP,)<(B(F(B*N(B,V(B)
M6`-<)S@UX(B46(F5&(F"\P":N(F<V(F>^(F@V(E!4#AE)TE`Q$>&T`&8N(JL
MV(JN^(JP&(M^4XI$,`&9%78ZE#.*18NYV(N^^(O`&(S".(R2,`#&>(S(F(S*
MN(S,V(S$N"[-&(W2.(W'F"X"8$5;HP$$($5$L`%D1P3JPT8.L/\!&W`Z;N<V
MXN$``+"-#J`!$S`!#W2-"N0!$W`U'6"+@J".FX&,)U`"(V",_HB,(Q"0`W`"
M)V",(]`"QW@""DF-Z()!#M`^,M2-:#-#5>0]X]@`TH-:,J<9$;`UU]@`#A`^
MRN,]-%2.W^,UIL4\0H&0*4`"*6`"*Q`#*<`")7",)*`")C`",4`")-`")>"3
M*S``(V`",4"-`X`N5Y2/WW.-A=`^IQ1%M/4X6"04#8".W6B/++DX&M!SKB,V
M9R,"];B/`T"3`+F3`Z`"0VF,"FF3*N`"+R`#+_`"+D`"`R`#)/"/#GDN*^0]
M8H<"6,0X4;F.IM@`'="1ZW`\>70U]9/_0M_CE7=T-A&P`6&C&<:8`C!PC#8)
M`VAYC$$Y`)N9`IA9`BPP`BR@DP<YC>@B`NBX`8N5E<J#CE>T`1K9`6L4D0Y@
M0>&!`HBC`=1S0O:#.%?I`"EY2O5(G)99EBKPCRN`EB_0`\CXE@-``G`I`W)9
MEZ0Y`)BYE^?B`2@P`\4C`-O(/A'`0.`X`>)(CNTX`=\H'BKT/S/$0%@9<\5#
MC_:(C^UC=,DY`BK``B0@DS`0DRYPC"]@`BFP`BOPGRW0`CYYE"J`FMQY+NK8
MGAN#05@Y+\B8H"0``PF9F@!9`B5PD`:)D`TY``2IFL^8+LKH`@.*E"ZZC"FJ
3HB\ZH](8H^A"!Z,XRHR2$`@`.S\_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>8
<FILENAME>u50917u5091706.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 u50917u5091706.gif
M1TE&.#EA'@&]`.9)`("`@)FPU7]_?T!`0+^_OYG('5"^UV:(OS-@JM#0T/#P
M\,W8ZHK4Y3\_/P]^E^#@X+"PL'!P<._O[Y"0D%!04*"@H&!@8-_?WW*6%:^O
MK\_/ST!JK[/$W\7J\D]/3Y^?G_/V^N;QQ[/65MGB[U]?7W.2Q8^/CTUTM6]O
M;\SDCEE^NN;L]2\O+X"<RL#.Y8VFSQ\?'P```#`P,`\/#R`@(*:ZVJC?ZSN.
MH3:PGIFK:_/XY#">M]GKJQ`0$"VNJ3^NQV6*DN/T^>SUU2B$=YC/VY2OM<#`
MP!6HRO_______P``````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M`````````````````````````````````````````````````"'Y!`$``$D`
M+``````>`;T```?_@$F"@X2%AH>(B8J+C(V.CY"1DI.4E9:7F)F:FYR=GI^@
MH:*CI*6FIZBI20<NA2,'E*^*+QRB!R.JFRNYO+V%"!NX@PL(E,2*!P&B"`N^
MER>USM*H""K!P\6(T8C'B<F&(*V9S-.4NTGAY>J@""[6Y\<@+\D@@AP(`<J$
M(`$')=E)1K0XL.U`BX'10*A(UFQ0#8,-DZP(L*!$"6'V#)(K-#%?PP4<1I2H
MY:+$@1J")@X*L*MC`(RN$.[CD"\:AX\V%RA,%@"EH)?K@E)BIE!%O6,+`Z@H
M(5$%@@.P"*E0$>!?R@TM`FSP>6!#@!<(4&H]07!8LA(;ZB4A5F)!BPV#_UYX
M!1M1D(NG&U0T#'"BQ(L26E]HA=4M"3EB4!&T,+0"JU:?(S:0)2OH6Y)^E?-)
MUHB+0UJAH"&1`W'"*#'/]4`@.`IP$.JUV0;:59'YYXG:A,X9_@B0W(J-&P<=
M>)'$!5S;@E0W;.RB\.%LD<4-DEV<]BJFEZ-:QKQ*F66#24[H"TU^T<;(>O%M
M@`H55^&54;L=(,L>M_SQ@U;\W>B\6?]"2KD557:"O,=0;_X!9)EP]$$ER$;<
M;:>==_H0HY5:Y65X2'#H(?`:(>_9=1ML@E!'B&4<C+B@()$UPQ^"Z"!P3G"#
M_',1?"DA(`QI-\%8&#2%F#@(D`1V]].$1E:FF/^&3!I"(S&K;=!622RVXP),
M2;60C84@$7<=2%X)8A%(*YT`P@CML#;(1B^(%P"-`<D(X(`EJ-!<"6:"L,$+
M%3UWYV<@XM/E3QO<9))M+GB&Y)BUW*-;DTW>4@@'L+R"P`E>7I;7H_+4)V(U
MT2AUZ7BOA)E25R\LM(LLE6'T4'N%++#!4P&HQ4&F\LQ:PCDIGN""I,2<@,"-
MAK@@K`K;\'5I5"#\TT(-7M(24%?>+0;IM=A*\EL-"[ACK3&M2<+=(\0\FNVY
MZ#(V6@G?3A)B).,Z`EZZ]-8[&S`E8.ANN/`.V`@Q==DK\,`$%VSPP0@GK/#"
M#$^3S\,01RSQQ!17;/'_Q1AGK/'&''?L\<<@ARSRR!<W;/+)**>L\LHLM^SR
MRS#'+//,`QMA2`()"/+``Q7@;#,D"D3P`,V9&&#TT3:<RX,(3#<M1"XV/_!S
M$D;TG,3.`!BA=1(*V*S``SDKD/,@72=1006#)##TVE<_\'788Q-=R!%TU\V`
M*#@KX$D*!?3M=PB,Z$T(`(40+HC@C!!.`003"&($`%EK'3D`01L1P>,`)!`!
M!&-7'L'9@C`^P0.$EUZ!!1,POGG<<@M2M]V#D(ZV$1,D,,'L5)L-P-"A-TYU
MUCL'GP`%NX.M"=]^]PTX(1!0GD3J25A@N`(`#)!$`LY'D/GP4RM2>A*&;SVY
M_^3B:ZUU`A8(7O[/D._^_??@HX]XZTF\3O?=@D2@0.,6/)!^`A5X7_0$@3[&
M/:!QD3/?XX*FO^,E3WF%2!\`)C"!S!D.?-1+P@`LEX0(#/""BQ#@]2P0@020
M[W$=G*`"`2"T06AO`EN[FO82`($(4`!\,@1`\UI(/]?9#W]F*R$.";<_`1H.
M>T;`&03`IT#)@<\"FT!>\I8WB-*ES@BDJR(.+2"^#N*PA_2RWQ&`&('-F>UZ
MD!-;&:,'`+0)HH(VJR#E9JC$"?`P$U+\6R'05@'J[<YV0],<%)N'M@HN$7I@
M1!<#%LG(#@R"BQ[T7@@/$31.A"`%F,RD#A+)2:YU#_\1O$M$*`GQM4Z:\I2H
M3*4J5\G*5KKRE;",I2QG2<M:VO*6N&0$!`:P1`;.+Y?`C(3>9/`\"#`NF,B4
M1`5N:#T-)O.9CDB`#![0S&8>@HM-S*8VM\G-;GKSF^`,ISC'2<YRFO.<Z$SG
M-UEWB)R5,'7'1`0(H1E,(PR@<;Y,Q#SIR4]]]O.?D@2H0`LWT((*8I\&S07V
M>'>[/;K18`A-:"HL``%B)J%YONL@!2-*+XY*%!4WY%H;!T&!!"C`F@3SZ$=+
M@3Z=42"CPQM`)`NFTI6*0@$4T)O@4'K240ZLIC8%A05H,`"T#6!QT1M:21$&
MU*#2LJE.E254HSH)1EKUJEC_S2HCD];13BXT=$LD!!8A)<:RFK6L!JC75`?W
MLP2@-`(#H,%:R4-18@9PI%7\9'G.RM>SIK6KD\C:U0;P2PWZM%XWS"E.V4K6
MOCKV=7]-UUP/:K,(R&"I:8,BP5I:3<8VZ;&@/4)DT359)FI0;"$5A`7822^<
MZJV$FO,LDT+[V-&>J[2"G:`=STC-@@VUJ`^@``6&UDS!?I:V?;7M-"P@`\(%
M=[C^G,18S>9&M!F/JLA-KE!R1DS8SM00I:5J([++5^66@YF"0&D$U<G>]KK7
M"$30JGSGRX#WVE=KY#WK#^X+3M:"=XF*32UX:6:`_)J5/`9&JU#LB<6[/G3`
M,RMP_X+MA^`)0U8H<K29,0,J,PE;F&X5_K!HU4I@$8,X-"8>,6`[G.(0?]B\
MUPKOP3S\81=;&,:0DK'!:&QA&T\8QTT"J@WH2^2K!B$T/)ZPCQ,,9"8!-<D)
M=B1HH&S@)1NXR1IZ<HJE+!0JY]?*^<5RAK1L8BX'Q<OD!3-YQ5P>,HO8S.M`
M<W;5G%TVD\?-'X:S.N2,7#HCU\ZAP;.%]5P./M/6S[0%-&@$/6%"3\/0H45T
M:!4M%$9'&<DM1K&)*1T42QO8T=*`-&@E#5I.K\/3^06U,T3]6%+7EL2,8+5C
M5>T+6??5U8XUM3I035Y:]\+6?,6U=A?,NPU'=Q'`/JNO>?^1[`-K6L2Z%H5@
M'7QL132[K,O.Q;7%*.SR+MIF`:YV(K9MOVRK@MROZ[9?O^W,=A]B`.V+M[P!
ML(,4`V'>^,ZWOO?-;WG7V\3]#KC`!]Z^%.^`X`C7]X/E65F<?9>@L=XRIDVL
M;K-&.Q2"?>YAM1CQ,D]<Q!57\(JM+?$I9QHT*;ZX-'B=77.G`MUU"[D85>X,
MEB/7Y:B`^8E1OFE8([OD73ZY4%+N<Y)[W.04?_:+BSYNH)]9Z$$A^LB;?O2@
M)YWGT&8Z(G1^!)R?@NOMM$#ZR%;&PH9"ZI)M!->];@JP&P("^\LH/#-*"K23
M5NU.CS/4F??0SIK"[K?%>]6??G7_0Q!V$'XO!>"S97/:LKT4;C?$Y716S'@J
MON=3WWK>][SWZPW@\^!S6]E/L7AL-3ZTCR=%Y(>.^;1W_,V'`(#T"&$!I+:]
M\^4H?8P%#_M"+#:GO7.WZG$_#=WGF/=Y-@0*C2M8]8I"YSYHFO2G3_WJ-XT'
MG#!^D)$_Z)MY4(C%%/XH=(Z#!YK__.CO6PJRW_K0U#ZLL>=^H]]MS^NI;7&:
MA;R)RY_^_J-__9N@?=)P3,['<3\W>+%3`8&4,P!D=J!`?OX7@0\$@)H@@#5G
M,P6H6N!T`P[0@1[X@2`8@B)8!/SE7APH@BB8@ATX!!C0@B[X@C`8@S*8`_:E
M@C8H@C=0_X+?]`C0DX'1HX-`&(1".(1$F$TY((-(F(0O2(/@]`C!!0'Y!V'B
M51YY)('^1X&;T(#B-H5"4856F'Y8:`HZQH6CX(5?>'YA6`IC2(:A8(9G.(&J
ML(9L^`EN^(9^DX:D((=SV`EU:(<%@(>CH(=[&$5^"(9Q.(A!H0,AL(B,V(B.
M^(B0N$FI((B(&#.46(F=H$2\9`B-LW"^<(F8N`D>-$P19#T`5`Z@&(J8``'5
M)6!GTTP"]HFJ6&EM-4TZTP,#T`,YXX.3.(N=9C/NE#.AE'@UYXOK8#M4<T]7
M<T&1%(6R:(SJ\'"'``%ZQ0NI"(V3(#:+4(W6B(VL=(W>""EK(_\X"J`W&_=%
MX=@R$Z`W@F4$PF4$^Q-_Z<@R#Q!)@M4__M-!AP6.\T@>,$19[68]M%,("4!4
MGW>0")F0"KF0#-F0#OF0$!F1$CF1%%F1%GF1&)F1&HF0_L5\-H./4(1"I%2$
M)%F2)GF2*"E.9E<!8=6.[WA1GMB/+%-)5T..@M-`,ADSG(,(-)23/OF30!F4
MH8@$1%F41GF42)F42KF42RF4Y<"44!F54JF4YV($%E!4@P5"$[")S[-:%T51
MGC<`_E4.RT0!<<257&-#83-Z4!A6-#D-1BD!!"`!1'D!!'"4&J`!1:D!=(D$
M%W`!>PF84YF4V>*.KY4]4]-'Q*0YBV7_/0+)CY<`.5RS08J9-CAS0W/G3-9S
M4MR8"T4I`#$0FBB`!"P``PU0E";``C,@`$A``BS``A+P`3```WI)`#&@EX.)
ME-D"?.F5C+]T0\VW?%HC5^1A38N5!+&H`%!43<(Y`2_E@*I`E!\P`W=)`#/P
M`4A@`C"PET@@`!X@`3$@`0V0`2R0`0(PFC#PG;FIF]@B8-;C/P_6/*:U0:7S
M,PT%&JFU6/))")/'G/7)2Q/@C+U`E`UPF@3:`+:)G4;9`!]@FTC0`*!)``*`
MH#%0FNMYE-ER.H)0`4*C`)877`2D/^AEBL\3D\OE1A0%HLQC.)GIF-%SF4_9
MG3,`F!<P`R:`_P09,`-&29Y(`)X2P`(?4)XH0`(3B@0Q<)<72I3G`@$T0)S!
MA9,=]'F%Y)5M:3;PUF9-ND1PA95<0P&?9U)L"9;*.79PV:,-$`-GZ@'D"0.C
M290:,`,L<)JN"0.Q"0,SH`$U^II)6I2210$F.C#*B5GV8I0$T``S@`(9D)=&
M:9<$@*1\69>"*9=[RJ=.*0U(J0$W.JF:JJ25Z@R;^JF$V:F^`*JD2JFB>JJH
MFJJJNJJLVJJN^JJP&JNR:DL0*@"V>JNXFJNZNJN\VJN^^JO`&JS".JS$6JS&
M>JS(:JP-`!JL6:K.^JS0&JW2.JT7*@#,NIZX6902()C4VJW>^JW@JO^IUBH4
MS:J4?;F@1RFAVAJN1_D!CSJ5=-FF[#JO],J4XQH4K-F@&4"4!*"@1"J8&B``
M+-"C)@"8!$`")D"7_]JC^TJ4$F`"`O"7!%"P$TN7V(F=$MJP#ENPTBD`=WFQ
M2$``%T"D-ZJHTID!Y@F8$N`!`H"=#XND]1JS]'JOZ\":X^D!=DD"YOFC<QFR
M)$```ZNF)""7:OJ=+-"S$J"Q:GJ:A9H!*&`"&=``XOF@W6D"$%N40BL!`F"U
M-DNU`D">!(`"!*">1`D#YID!'N"71RNU"&JK,ONVX4JSZM"U'BL`1(J=!MJ=
M=WF:,&"K=MFU>7N4)H`"::NN!NJQIWF:'DO_M67KMTP+N'I[FC]*`NB*J0::
MN.K*N'"[N=,JM^5`MR);JZTI`'IY`1"ZG2B0NAI0J*D[NJ5;K@=+E^J*MMZ)
M!"R[G7:KID69NBB@`6A+I+8K`+A[L*2+L^BJIBP`F`V``HEKMQK+N=#KK)X[
M#:Q9NG0IJ?Q*J(X*L-D*L]PJM!FPK0Z+F]NJERW+K6X:J1_`FN7KE[([LGC9
MHQ=`OB;[KM%[OZ0ZO=)0KM3*O`V0K4NYN$R9N4E)`@",OP@<M]>:P`S<P`Y,
ME/KK#/S[P!1<P3(;P;XPP1:\P1S<K1C<"QJ\J!Y@O)^)I"2@N[_;P4NYL@RZ
MEP6*FX&+P(FJN1IP_YJ^>Y1Y*\#BB;[BNL!*V;L:,)J"N;@9<*.)FYW/J\*?
MN:^GJ;P2L+($VL`2T*8&:KI]B0)T*9@YC*3_6ZH?S`LA7)27VYH0?)>+>\0$
MK,1%";3"VYT7X)V$&\4,_`$-:Z`HP`(>H)<9\`%O+,=ZBZ.FF<23^L6Y$,9$
M^9U07,)(3+6G6<1JC)07\`&4NY<HH*`Q?+\"?+D2H`&%R[];W)WA.["@2LBJ
M8,A(L+XM>\IE[)="VYIHR\./7*AT&;[9.<F:B\`FP,40;+6C6;%UK,@'&[7Y
MZ\-*B;+2R:\`^P'7ZZZ/C)0]BZ.S;)0*FL`7T*;3_`$*B@(7D+3'C,S\FDFP
MPTRNS3S.U`K.2?FP,TO,Y+S.I0K+=5FOI)P*ILS.]-S,\8P*/]NH^KS/_-S/
=_OS/`!W0`CW0!%W0!GW0")W0"KW0"DT"EQ`(`#L_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>9
<FILENAME>u50917u5091707.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 u50917u5091707.gif
M1TE&.#EA'P&Z`.9#`/___X"`@)FPU5"^UT!`0#-@JLW8Z@```+"PL.#@X%!0
M4/#P\&:(OXK4Y=#0T&!@8)"0D`I49:"@H-GB[^;L]7!P<//V^DQD#N;QQ\7J
M\D!JKUE^NLSDCK/$WTUTM::ZVH"<RG]_?W.2Q3`P,,#.Y8VFSS^NQR`@(-_?
MWY^?G[^_OQ\?'P\/#T]/3S\_/V]O;R\O+^_O[\_/SU]?7Z^OKVJTQ!`0$"A?
M:X^/C]3O]?/XY*C?ZV9Q1T5J<JS$;GS.X9G('<#`P!6HRO___P``````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M`````````````````````````````````````````````````"'Y!`$``$,`
M+``````?`;H```?_@$."@X2%AH>(B8J+C(V.CY"1DI.4E9:7F)F:FYR=GI^@
MH:*CI*6FIZBIA!03AA,4DQ8&H!,?L)ZLJH,3K0:^OH*RO[^PPP86B;RZRY,"
M!:V$#`*3!@6?U0P=GP(,RQ0;@@7BXH+5X^/3YP6SB1NWS/",SAK0@M+4UIX@
M(*'<R]GAV!U:1XA@HP[=XBE,Q(T!O4'W$LD*)K#:$`/O*"(K1&'CJF,0IQW"
MZ.K6JT7^*&9$I*P024(3/+K,-\3@0($U<:[*:,'FPI^"N%G8X&&CM(@I&8C0
M4&"#`:;@+A;P($[DD`[B-)`H5P"KAG<61*`;XJQ`PEU,"XBL!D)<A[8%_[:2
MS0IB8\JR!43(,NAAVE!Q9R>DM;K![2$09PN`$,#8D,\"'WYY+"&.'\020#.3
M[39T`[*C(I/JM:#!,P4-VJJUPMJ*0MRK&KA^&")74`EWM.-^`U%/D`?,@GL1
M=*:MA(>@3DELB.J/A(99$WX/8<"O@P9DB"T,G3U$>G"I%'(9VF"U*8/SCG&J
M$]AUXB`!434O3'G:,^B@"2/JGV91$'FR&C#FC'"':#5("2),9Q57)3#FP6S]
M19A/2CVUXH\(F`GB''A]A2,"8TI)U:``#_KG06\%E:=30>JM.$0)J!7BC'P_
MI32$8"+<MYD](NTG54AD>3`,,OT58I,_$0U2#?\)Q/SH9'\V#M=-DOTQ0-5&
M:OTB').^W&(!9;6E.(A/1K:(R`<:9!@4333"8^.-3`D@@F4Y\FBG@DY.\,R-
M!D%3)"%U#D':;$D.$F`PQ>0C(7Z"H,DHFD8E*)5E0P1ZHR"'"@I+>"^>1<A_
M`27RF(NSD,`F?&TJ].9563;EP0;Y]2BK5+`J-DA;#&P0FY,<>>"!0[$:@E6M
M!#XYH5F%:;/C=!I8Z<$MU;PCV*\:<#<L`WMB4^UAB;D8ZICGE$>4I/:HF:HW
M*-X(RP0"A`?-2>H*`J\!'PB`H@$"=."EMQ9T($!M\'(DP`?0N&<P._!]8,L@
MXM&6KT?4%6)!O3A1,'#_/>QZ6R1(B'!<SC#O4/"!LL&0>>[)**/D:2/1@@*0
M*`BE+//,B*S*2(B@?#,*;C3W3+,!)#=B@;VBM/2)T3XGK?323#?M]--01RWU
MU%1CXJ^`6&>M]=9<=^WUUV"'+?;89)=M]MEHIZWVVE\'7?7;<,<M]]QTUVWW
MW7CGK??>?/?M]]^`!R[XX(07;OCAB">N^.*,-^[XXY!'+OGDE%=N^>689Z[Y
MYIQW[OGGH(<N^NBDEV[ZZ:BGGG<`00SA``$$V+!```\$0,@#"B`P!`(*/"`(
M[KJK?CGK@P3QP`(*#*'``H(@`,$0!$`_!`0(."^]\)83+X@""01AN_;$1Q^]
M__?A)](Z]HMKGT#R#E0P1`4."$*]]-$[/W_TB!P0Q/[\]^___P`,H``'2,`"
M&O"`"$R@`A?(P`8Z4("*T-X#SD>`((PO`>M#@.\>P#L,YLYW^4/?XH*0@.8-
M(@$2*"$$GN<`"3!O`1*(G^M<F(@#B-!R,JR$#6^(O1WR4'4^_"'J@BA$TQ&Q
M$NX3A`.>)X@D"F(!%:@`\Q!`@.!!L8AU.R(E\/>Z$@H"?_*K'@0<D#SN+:""
M6*2;%B>!/P540`*#`./U")"`$01!`4&`@`(@P+PTQFV-DL#?"8P'Q^M]\9#>
M&P'TG`="/[X-D)'`'P$6L,)#NFYZ8OP='!_@`#+*I_^0"0A``$KH@%$2`@*%
M%,3YAH!!1T(2$DDDH^V:^$4'0%&*N[/B`XXG'_P9+P@+6)\%"8&``#!1`OA;
M@!U=:8K@^<R7:$S`!),WB-G!T0$/P!_N5HG%5_XMF;]\710)L3X^GB``)PBE
M`@@PRS1ZTV_)W!T$`J`[13[QBPO8WP@6X`!",C-Q^`L``9:'/`(\;P0E'*@S
MP:B]R&GOC"6D73N'`+S=]>YWN:LA)7*0@8YZ]*,@#:E(1YJ!'*",CZ#3'@'B
MASSE]=%ZXL,D3#4ZB0$(X:8XS:E.=\K3G@IA`(X\!?$0<((J>F\(X&M=3,FG
M5)I*PJ8^C:I4=PK4H):">/3_5&;[WB?#^TG/?KJ38R'TQT`33/6L4S7!`]?*
MUK:Z]:UP_5\$6V<\*D)OF"3,X`8[J%>G1@*J:`TL5:U:"A*J$J4H5"$+:0A#
M&;:PCX=XYR$`*]C*_I2P"LDA)21K",I:-K!5/<4.!D#:TIKVM*A-K6H'\`,A
M<K80GOWL64-KB@;(MK*T%>%K"1';VT8UMZ2PK6_1"MP>4J*WP^5I<44AW.1*
M=;E`/*YSIPI=4#1WNCVM[A"EBUV?:M<3U^VN3K]K1.Z*=["H".]Y;TK>TNUV
M$,@5;WLWH=[USG=T[Q5$?+M[WTS4][S]#5U^A[!?[`;X$O^5KVO-NUZ<'M@2
M">;O_X)KVN#QIB+"!I[P4RN<TP=7`L/3]7#G!ES@$%^8PPYVG/9L0``X2O1V
M&>4=""L:0@JC^++IO3&.&:?2)Y;QI<^+*?5F6N,-WUC$DP"Q<Y%\-Y6N]*A)
MI=\0F&I(0Y!8QTR.A)*3F^6Z-11Y6X5?&*4,UBJ/M8%FO;%:XTK`&NAXS6R.
MLYSEFHBAYM%V%;Q@7SG(O;X6^:]8/O&1'6?8!*!2$(F=WF)?&$,ETO#/D"CQ
MD@6-XBX#3K.3N/*@<[QI'FJZTI3FL*4O]VE1A[K"H[9<J5%]Z@:GNG*K=G6K
M[:MA0'>ZMH'^8:QIS6E0ZYK!K.ZUJ7]M8U^?8LO#?37E=O\-X%DWF]A&-C:N
M;ZU;8,M:V,'VM+5Y?>Q<:[O8P^XVM1/7T%(BM78PUIV,,>I,*V_[V>*6MN+4
M=\Z6+J]Y09;>D/,-Z4=(FLO.5G#CB+<`#K+N>^<KW_A$V=1^.^+?R0ZXA`?>
M.BJ.X`1A[FI8O[K"C></S6^><P#=K&:1FUS.<RT>GO'J00U2E*\?]&NDO3UM
M>2?.L(AN7:(K^=@A--;1D'4WN+-=\W!?#M.28+;`XVWT:@_]VDPGNM.CW?3@
MTGSJMK;Y*)#M6V5/3ND3CSK4;PCV#&-[[%B?^;BW?G7TE=W$9^?V,A+0QU:Z
M+@B:W9\7?4[.I[U]TG&']S*(!X'_"BR3G:D<PCG/AVY!2&"B2_L[P`._],&W
MCGE'76DA$"H(8Q9O!)!7FN0C3OFP6WX0`8B?!,:)^HR>0`$(38!!&\FTT7==
MXF9GAO:P20BQDOG@V?3[NRM?"J[?UNN/(/@)*L"Z*+H/`G?.:!0U/^70)\WV
MQ\<]W)E!=U;RCY4RE(#N'+!W6U9S[Z)P<OQ>/(B*KINB&75X(R!^^]+GODU!
MCT=#O6=O($MYWV9&"-@G6\B'",9'@"IV/@XP2%"6<$VU<.7S<645<B?7/R2'
M8G!6@1JX5BFG1`J0<6,64V7F>X,P@)]5@(=P@">8@#XG?KZ39U/6<GO59S$G
M?XQ`?]EG_W_;-T)>)`$TM'.+UH*.]6B1-7RF5WQM1SE(%PDF:%DH:`@JZ(2U
MIG9:QUQ)*#Q-B%O:!WC?1G529W5KAX5&>'](&(;1]71R5X95&`HZ@`%N^(9P
M&(=R.(=TZ(;7-X8[J(95-PH<``1^^(>`&(B".(B$Z(=WB(:"IX=?R(>%V(B.
M2(B'Z(5H!X9K"`I]^(B8^(B1F'5[:(5F:(F9&(J%N(E4V(FA$(5:B`J7*(JL
M^(>DZ&]7>(JQ"(JM6(NO^'"S^`FH*%A/6`BK6(NB>(OSEXO@18R=\(O`F(F?
M,%2P%U&-QVX6-6/Q5X2(2'R4:(JTF(RAN(RM$S_%U'_X]G^91/^"@I"%O+B%
MDW<*R*B-CLB-@R!^#=AY#UA]$1A9(%=R&Q@$%\AA&5B!/L".H>A`'7A&KN,^
M8H9)9-9Q`5B">,B%1;>(HK".``F)GJ!2$J!4++=G,.=R-K@(.(B`.NB0I2"1
M$RF(GV!8I21*K)1"BC9#C#:$^2>`#9F.#SF)C%B2[:@*2P@)Y@A:Z$AZZHB3
M.=DS/4E</UE_02F4H^@S13E;1YF#2:F4@RB,-VB,G+"+/JF*4DF11#F30%F3
M:4@*)"F55.F15DE?9ZD)8ZF49:D('[F"(4F3([F54\F47HF48)F(8DF7)FF7
MU7B$UPB1H;"60MF6B?"64AB77SF7?`G_B(:)"(B9BF(7EC?9F(;HEY)(F9Y8
MB9]`F#CYF).5EOXEFIC@F24)FIU%F@BFFI9@FA/ICI;$?M#X?C1&C9FIEVSW
MB9UIF:Y8D:L4/>`H3^)(9+;)B8)I7:Q9":X)D+`I/?&(5/-(9>0X!`<@2M9Y
MG=B9G3<0`=S9G=[YG>`9GN(9`3>0G>9YGNB9G@'0`^/9GNX9GN6IGO(YG]?)
M`Q=PG_B9G_JYG_S9G_=)G^:)?H704-$#@@@I@@HYG?,$H`S:H`[ZH!`:H1(Z
MH11:H0\:DZCWFU^4D3''9S*(68>#<T,`2BS)<XS5:"X)HI*SDRK:HB[ZHJ,#
M`#(ZHS1:HS9Z_Z,XFJ,R"J-4HZ,^^J-`"@`\.C5!6J1&NJ-TDT]]1'Z%8'Z(
M5DU+BG>:@7/\5`AVQTI02@@8>@HSB@(M<``K$`(`,`,'X`)=N@('(*8RL`(P
M$`,`\`('D`(R^@(P4*1T4P$*(%!PA*?.5#LGP#QYFCQWA$?0$P")%P_(%`!N
M1$9Y.@B%MTP!4`&3-*B75T7P(*,QP`(MH`(IP`(A$`,H<``R(*,R(`,T<```
MX`(I\`(AH`(K$`.HJ@*B:J=R<U3X))SWQ#K21%'2A$$OR**JT%)-%#Q@A'EX
M-J(2\`"^"CW`6@HRB@.H*J,AP`(`L`(S4*,IT`(`<``J$`(NX*W;JO\"7\H"
M*A"D<]-0K+.`[:8\U0>=DC2BK*<0MMJN>32@\;-PDI0`136=S@H`*7``*""C
M,U"GIQJPF+H"Y8JP(=`"*6"FHLH"-/`"V@JD<V,]MTJ0C@I'NZJLRKJKEJ00
MPHI4"(`\0<=[TN.#'3M!ME,!W)0*,PH#+/`"+@"Q,_`"+."F`@L#(8`",KL"
M-(`"+#"PJ=H".FNN<^-&$J``+O0`S#<(#F`#AJH\BCIE"H!'0>!\0*%'J^<[
M56M*/K=\WR.I^52U2B506]JO,IH":-JJ*;"S71H"<!NP*2"G`(`";AL#.$"W
M%$LW03`"$\1*Z-=/4HJE3U1WS:H*ZV-'W;,Y/W7W?83K<Y#5LJI@H]E:KD=Z
IN4A:-T&PKD_30DR#N:"+HT,J-:%;NC0ZNE%CNJJ+NE"CNJ9+"8$``#L_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>10
<FILENAME>u50917u5091708.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 u50917u5091708.gif
M1TE&.#EA'`&W`.9+`("`@,#`P/___YFPU4!`0%"^U\7J\HK4Y?#P\-#0T%!0
M4.#@X+/65@4J,I"0D&!@8+"PL*"@H'!P<,SDCC`P,#-@JLW8ZB8R!_/V^D]/
M3S\_/]GB[T!JKR`@(+^_O]_?WU]?7V:(OP```*^OK^;L]0\/#W]_?Q`0$+/$
MW\_/SV]O;UE^NL#.Y9^?GR\O+X"<RDUTM3">MV6*DN_O[X^/CZ:ZVHVFSQ\?
M'TJ4I'.2Q3^NQR,U.)6ZPC$Z/).V-10O-8RD3GS.X2PU%:S$;MGKJS(X(]3O
M]<;@@*+%19G('16HRO___P``````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M`````````````````````````````````````````````````"'Y!`$``$L`
M+``````<`;<```?_@$N"@X2%AH>(B8J+C(V.CY"1DI.4E9:7F)F:FYR=GI^@
MH:*CI*6FIZBD%B\A+QN,`R2IL[2UMK>#&Q4U%@,#C!46N,/$Q<:3`R&#&,#"
MQ\_0T<0HP8<;`S6R@]5+URC,@B0#W]+EYN>6+Q4VX(,<-CD<[=4#'`,Y*^'O
M+[_H_O\`#0VHL*(=!G#<E@3#P`T&BVX57K4+2+&BM`T<<A1"$2)A,`L50HBT
M)^@%!Q064ZH<UHY%!4(K!C!TIM""+FV%:G!XN+*GSU(#>-:`,0CD08_"8+P(
M]VJ#+!O*?DJ=RHD%AQ4A3BZ#`2/KBE<UNUW-VC3D3JIHTUJR8&'B$@RO_TBX
M+4KSK06<:O/JW<NWK]^_@`,+'DRXL.'#B!,3]L6XL>/'D"-+GDRYLN7+F#-K
MWLRYL^?/H".C5$RZM.G3J%.K7LVZM>O7>P,PDATA00+9D!)(@,T[D^P%N)<@
M6)``08(EL@$$6+Z$N'#GQ@DAD/U@P:``")IK=XZ]N?7>X`4!6*(`@@-!`0``
M<``@P7CEZ0,X,)^^O00(QX5+"""ANG@([RTQ'@$./,`?`@^<%QYX`8Z'W'(0
MOK><>N)!&$`"#V3WH(`.+O$`A0T*^&`$'2X(6X@/6BAA>@M(```$*DKPW1(N
MLC<(@+NM]X"([.WVP&XF!BGDD$06:>212":IY/^23#;IY)-01BGEE%16:>65
M6&:IY99<=NGEEV"&*69X"$B@0'Z"$$!`!$M`\``$^DF@X9B\V9:``H00,(B>
M>LYG'IUD[CC("1FF)V``>BZ1J"&V`9K:?H5@:*ARB2Y:"``&6JCIIIQVZNFG
MH(8JZJBDEFKJJ:BFJBJHD@`HR`+18:CHK'XJ:`B%CI:&@`)J"NA```IDV.:;
M<<YY:8FYFM8=);@FBV2SSAH);;1$3DNMD-9>:V*VVH;';;>]?0ONB<B.RV"Y
MT00WR(S%"1*=N::(6PP!$EBJ``!X?MB!<?0"">\H\A*3W:(+[%A==LJ]..N_
M`*,+#8+722@(G@M0H$#_!PPW[,\#:!;LH74.L"D(B1F+$O`P#E```'#GW8MG
M`B<HMT2!)9OL\#$0#@?D=[<%8)VQ-7MRLC%`!]V(><8F$$%V"T3P'01P(C*T
MT1;)1_.KY>U(`*)+D`B`R+?>3+54>`HRGZ*ZT7@G`KM*+?8P!B@A]]QTUVVW
M$@50'?(@,F\M8:52$Z#>X(07;OCAB">N..$RW.WXW3$L+OGDE%=N^>689ZZY
M)++>>!X!;2M0IFW^'FM.W(^G+G?>-2-``05Z2L#F`^4)^&%S"B@PH^GEH*[Z
MXZR/C5\E4]/B^^]W!S^V)<7/<CSR=2N_/+-OX_(\]'-+/[TDS:=R/?9X;\]\
M__6W?(^]]N(_TCTJYD./OD4R$R([<@2([F'MK:U_2OO(OU]1_(*8']\2\"=+
MJ49_IN#?[_Q'$0`BX`2"&YF>^N8:!)9"@:IC8$``R!_RY.=,9S-@)BP5@`X0
MX#AJ.D%Z8.>/J0&'$"1B$P(`"+9+8#!U&@2(S("#@*T18`$PTMT"LN8)$I;(
M=8?ZQ]0,M:<++>$V9TJ3)FX(O$Z4SETB2X""\(4F3/CLB11;67/:(PBE%0T3
MEDI`_32TMPC0JX7D0T^)"*2A@FE(A)2@HN-R&`D#NFX\:@29`WKH"5C10H1_
M6@(%Y-=%:2RQ1`0L6P`H<,<I@L]N?(2$`25@(P7,+_\"!L*85!+%I@@$P$!=
M<]"O0(>.1PZBD@C##1XGH<?D=<)2$3@!!3#6@5.6$E]3$=F9W(.;90%H=^5P
MI9ONM*:N$4!0"\-$+3%YRU=IR%"@<\!Y>MA(2AS@F^`,ISC'^4U/=#,EW6M:
M`B\9/2N*1T%*`Z,JSSD)=M9M-18DQ33;^8EED<*>=%-+(Y?SG1FQ+1'Y',4^
MZ99)<P!T;I@@`@,F2M&*6O2B##C")PS8`9FY##FY4Q<A$BJ*A6;/)P^5&R8F
MD(26NO2E,(UI$ABPT4)0P#H>JTYU/'8(>06A`$`-JE"'2M0"&,&&*6UH.5*J
MA)7*]*DRI6D1+U6>27$MFI?_RI2G=)!2'JPJ`#Q(J0Z^2M:R,I6L0X"J6EV*
MA%!-`H\_-%C!%L#3L"VB`"DU`%(?JE1I,-6I:U6K5*LY,_G@"TX?!98"1,JW
MM^'UH7JUA$E7AXD#I/0`F/CK)5@:6*@.EA/YB0"<$C`C@YY1/([-ZUX!VM=#
M6/:AF+V$9BW!V<Y&512G=82\'@O0R%9BLN&[Q&L!&EM+S+82M;4M3#_[C-VJ
M5K))K>QE,YM2P"IWN<E,+617:\_6&F*X]BQN)8Y+B>1>MZ7,/89SMPM=ODH7
MMM1]J'7/B][LWO6YOXVN<*<KV^INEKXO3:\QUMM;[K+3NX4`+SO%2PGR3L*\
MYQ5P_S$(;$_?YE&_EE#P)1E<3__2%L`NE3`Q*,Q."],2PY70,/@X+`D'2P+"
MUQ7Q,$A\21-+`K@()H2*L<?B2+@X$C!6KHQQ06/PV3@2.'XO<>,+T/G2=\BW
M*#+VC@R)).\7OOV5[W]!/%/[*H*W%3;P)7,\B!U#K\>0^#$D@FQ;*-M"RM"C
M\B.LG&'^&M?#R.5REQVIW0*WE[5*#B^3[>GD"'LY$6`NL9C!1V9!F!EY:'Z$
MFA_!YLZZN19P1IZ<'4'G%-MYO'@NKYXO38M,_V[3C>BT-S_=X%`_>-2?N&*!
MCN,F.)5)3FZ[+WOSZ]XK+SG+3=XRB$FM24+HIFU\FAG4;/_%.T3C]\*]KC.6
M[ZSE#W.9V(^P5-^L"KB>]CG,?^YNH!<\:'86.L8UY9ML_':H;M]*<(J+04IE
MH+G!->ZAD:NW>G"04ASH6SU,_3<`@*!G'TCNK=8\-IZ27:M<?_G9)XZVIZ<-
MZFKG^=JQ?N?,.#8L6TL`U][6M9]Y#6A?"QK8A!8V@+$="7]R[]N*#O>!Q[WA
M<E_RW$(^-"(27>-%GX_F*[8Y^'#>9IT?@N=&]KG[@,YCH6./Z)8VNB&0/F6E
M]X_I9W8Z]*`>6):?PM2J0S4C5#V)1_\NTHZ8M",JW76I%X+J<;;Z`K$.::TC
MC^MK]7J\8-YSF8^9[F>W^^_P+EC_MQ,"[IJ6>P8!KSJT-T+MC6![W@T_",2?
M6O$X9'SJ',\(R#-"\H7GL\C!37)QFYS<*#>WRI],>4%8/NR8K^+I:Y[ZFZ_>
MT*)_^*ZA77)I_YK:P;;VL%N_A->G3NR+(+LDS-YXP:N.\)XEOO$?AWQ%*#\2
MS-^\\U,'_:?JO11@/W[L]ZCYQW%^$9Y?!.BCGWMG[S[BO9_X[RL>_(L/O_T[
MA_B-4;QJBK?:XJ*&<:2@'K_A-((`-0C%=TGG=XQ6?HYS?HJ0?HJP?MY7"A3P
M13Z42E_C<.XW<KQG>KYW<L"7<L*W<J70`6R2-A*P-FT3<KKG@?`'@O(G@O1'
M@O9G@J1@_UC<)D4]!6^)(V\/16_Z=F\`E6_ZQF\/Y6__%G#_1G!<9G"+@PG9
ML2NA,SIIXX(=2'H?.'.S%W2U-W2WAVZC$`&\<AR8,AY#I#L<F'_OMW\2UW_S
M]W_U%X#W%PWA1WWC9TM=V'1?^'1AF'/X=W3ZAV3\5W:LUF$`^&H":(<*6'4,
M^'-[F'5]N'5_6'2!.'6#6&6%N'R'V&*N]F*P=HEOEXESMHG8UXD^]HE`%HJ,
M.'HQ5WI<&(*H-X*J5X*L)XJ'1XJ<9HJ0D'WFMWV/TWVWA8N5IXNIQHN/X(L/
M"(R.(XPQ]7T#V(AQ]XA+%XEU-XEW5XE11XRN9XQCAXR.H(QW`_^!B2"!B4"!
MP]B*+ZB%,1B+,SB+-5B+-WB+ZIB%K[B%?V>-@8>-@Z>-;<>-Q>>-R0>.C2".
M=D..B&".B(".SRA]`FE]!,D(!EDW"'D("GD(#(E=`#E]CE-]B7!]O8B*:::*
M:\:*T'"''9F'U*2/S<>/S^>/D[>1#_F1$;D($TDW%6D(%VD(&1E@#MF&A/B&
MANA_B#B'BEB'LY"&R-18KMAWL)B/LDA[M&A[MHA[M+""5VA7ZWB/[0B5[RB5
M\4B5\VB5L^!NEV)":I*6:DD`/]``;OF6<!F7<MD`/;"6=GF7:]D#<[F7<_D#
M>/F7=[D#?#F8;[D#@'F8:4F8BHF8B%G_!!?PF)`9F9(YF1<@!(A)3Y@@.BUH
M"--15I[YF:`9FJ(YFJ3I*;EU"5Y30^FC&`BXFJ[YFK!9"@(PF[19F[9YF[B9
MF[HI`+'Y#+OYF\`9G+UY#,%9G,99F\-I#+HY`RJ@`2KP`1^0`1F0`K29`M))
MG2V@`=3Y`2"@`K,Y`QDP`KEI#@N@3=GA'KN#-,)1&V6T-*FDFH\`(.H2'.6)
M&TWS,^S)(8S5"`A`(@6E+NK9)E%SG^ZRGXW@'B(3H,WQ*Z]B@`)Z';F5FQ]0
M`AI@`AI0`A[@`=))FS0P`M=9`BU0`@*0`<U)`P*@`BZ@F^4``8L%`3>U'(N$
M'MID,"Q*5T2T_S68J0AKPA]`<CL!-$G6D8%OHH87N)2,L``$`"-)BAP=8C4[
MDIJ*PC4]%#61X"+RL34S.@C[<5-1JB=02H81BIL@D**SZ0(@\`$NT`*VJ0(@
M8*$"(`(>`*<6^@$B<`,FBIOEL"BRTCF$L'!MHDUPPB>#)`D1`#:Z4R#(TAXJ
MJ$9_N@0H.`G^(1QZPD1]2AYL<R:[L8()8J2+4%=[0QZ70CIJHYFZ<X&*D)L9
M0*8"8*;1F0&U.0,E\`%N"J=RJ@$T<`,C(`(?@*?28"E]4C:#L#>32H"S$DG<
M$QSJT0$/8"F$M(.&8EB2X*M,6@C"FB96U5&F"@F4:BB?ZB[#VFYIXO\`GC1+
M2Y";<0H"'@`"(M`"(V`"-U";&8"N*0"B(DJBMMH"N*JKO!H-'#<S@YI&@M(G
MRZ8HE10)G>,Z+`--'G(<52BP4PBLC_"I=S*M@]`Y6"DG>"(Z>N(J?:0APZ2P
M"RL<&6N%G`0G,7H(NND!&B`"&,J=TTF;(Z`!,BL`,2N>,P`"(#`#`F"AXKFO
MT)"&GD0C]_)*K[.QP2((M(,?O`*?C>``SW1"<C0(N=1,9]@F1TN&4!L)9?),
M]D.IKL-"2FD[X^%&]M-R3[LT12NU$,0F5:N4N]),B/";&EH"/7N<PFD.D[2"
MM+"US(8*2$HLM)`R`'":EF"WAON;_L"IIZ`8N*5P4+;`N)=PN)+KL\EY"Y-[
(N;0Y"8$``#L_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>11
<FILENAME>u50917u5091709.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 u50917u5091709.gif
M1TE&.#EA*0&Y`.9_`*R*:OJ"/6F-A^%]$\F6%JFW&@<'!R8R"."ZGS&?L\#`
MP("`@$!`0/___YFPU?EE$,7J\E"^U_#P\.#@X*"@H-#0T&!@8.;QQ["PL'!P
M<%!04+/65I"0D`4J,C`P,/N,3&:(OS-@JLW8ZO[9Q/EO'R`@(/RRB(>&;7]_
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MMKQH.?/XY-GKJZ:ZVG.2Q=&UG*C?ZRA?:V)U>9G('16HRO___R'Y!`$``'\`
M+``````I`;D```?_@'^"@X2%AH>(B8J+C(V.CY"1DI.4E9:7F)F:FYR=GI^@
MH:*CI*6FIZBIJJNLK:ZOL+&RL[2UMK>XN;J[DD,@OR!-@UO`35>$34-_OL#`
M6[S0T=*4#E8.U\J"(B'7($O'@B`.?R+7:=S7X-/K[.V"#B"'VX)/W(/BA//N
M^_S1\/(AZ(7(]@??('W]$BJD5>V:`X+;KED1=F_<P8`+,VIDY6!)L8N_M%@1
M43$?QHTH4XKZ9PCAG25/PEG4=E*ES9N86!9"N(UDP9GD:N(<2M21`RTBDOH,
MFA2,EB4E+Q:=2C61@Q!8L5[$N@3/,YDFJXH=2[:LV;-HTZI=R[:MV[>-_YXX
MG$NWKMV[>//JW<NWK]^_@`,+'DRXL.&_<!,K7LRXL>/'D"-+GDQY71@(F#'+
MN<"Y<YW*-T>('DUCHQ$_J%$CZ<.Z-1-"#!8L$%1B@84_"F1;B#WACX0*C!3D
M9H`[D@(+O4%/>L"\^0=!$H3WGJ``^)\)U(4KD+1=0G)#V!-9?W0ZM9_5K5F_
M'D2<_1_BN7'/AEZAOH1!]?]8%[X`OG[@]ETWWG7;64`!?KT!-\%O"^87G7*"
M-.><(,<IT-L"'"QPX`(8',?!=I!P0(&(]X&GP7>&M$>>>>>EIQYLLM&6@0;R
MU4CA`B4HH&()&'B`P6T,#/<>!AQP@$&.Q#'`P?\@$V2`@6T'_J&A!1(0MX".
M%&A0)`8:8#`@91(R]YR-4BH@8IEHWGA?!0N4.,$"X_W(82%LLMF>!'#^,:(@
MQ.V)YY>%E)<:>NFMQR=L?V1007SQW9BD>X\&V=][-/ZAP:,4W";(AY9>*8@&
MLDU@I8Z6?EK!B1"&^<"8.GIJFP48H.FI(!4\:6D%R55092%PENC;;;#.)R*`
M&6S'``49:#BL(H*JYF(?AKX7XQ^U,1#=;(W*]^BAD0K)0`466%#!HS,F)X$%
M&5`PZX^*<C`CJ>"*RP&LJ8;)ZGQE[NHJB%+&.($%(!*IHIY/9L"DP>G.A^>2
MX1JK;G4+*Z)'!!13/,?_!AAG;`>$*7W@\<<WT&J!I\B*JR=P%(PWXFW(6L<F
M<M!1($&ZA*B;<I2Y;8AAHC,7FS/'0`<M]-!$%VWTT4@GK?323#?M]--01RWU
MU%2;-:-UTX(+:-5N4<!`K'_\>%^6WD4IB7?$B;BG!W^PS;5B]Y6@'W(T9H"G
MP97,^QZ?\<WZ-EP*L.TI<1DP4*PE,^[]7M_\%J)!LK)%+OGDE%=N^>689Z[Y
MYIQW[OGGH(<N^NBRE0`H!1[@:2QT'&[=R'V$+VHWC=8B$N3?4]U.R'U7$KEK
MHKEI*LF,2YY+I9X&)J+[+AC$-DB'>C+`@/"X*]]X]'@OH`'*"DCP>"K+ZW+@
M__:XI3Z(NM4O$CXNZ^NB:-L8^&I^^M;STCXNWNOG`8[W'4>_(O>K10!M0;X*
M(*Q`KOO?XNQW/5QPP`"&2U0$\Z=`VS70%@.L8#\R*`L.:M`='H1%"#^XCA&Z
MPH0DC`8*6;'"%.ZBA:J`(2H@P*(:VC`"&I0A*G1H"AK:\(>HP6$%>6@*(I+"
MAT"\80XO*$`FS@*)2621$!5H1%)44110C&)JIOB_*XK"BZ#(HA;]P$7Z@1$4
M9_2$&+58QO2ET1-OY,0:H]C&ZL61$W?4Q!R36$?<Y5$3?\3$'H'8Q[\%$A.'
MM,0@?UC(MR72$H^DQ"*5.$0GSB*2DYAD#1O)-4Q.PO^3D="D%)?(P%V(TCR<
MK!HH(['*1YQRBZ1\H25C\<H@HL1"%.+`?23`J6FT\A&_;$0MR8@23_WH1T,R
MF32"V0AF+F*8J62'JV)%'+9E*Q0IV]37:&4V1SA3?;.$!32+N9T)>(`!<EN`
M!TK035!X"EP28)L$3,?*<(K0GJX8YT;\EB'HS$\4GA(5E_Y@`0Z@J)GX/&%"
M6:%/C<Q*;]?Y5BG>:3B#U<8#"_TF`!>ZBH9F9$'0V9TIIMFVO=D*F!RMA*A\
M]*OC9:J=L$EI*CP*-$]Y3TG1TX"O$.JX_0E">\`IW*)@VH@%[<IG=DO23F-J
MRC&.LI)T*NF3CMHS2_Q+<9+_2E.*9#I#IZ(REH48U=ZRM("#1@)5[<FJW\(Z
M,M*Y=7,"\&IJ$O#6NM:5#RO(JU[WRE>][L&N@*U<C@QQIL'1REU$;03Z_F"D
M/56S?KJ@Z3XDB\'KG8I6&9A`I8J5J4G<5*)94^8A-(H(RK;#M+187^&.%3:7
M]H9F.^3J*5"[#MIV4+:G0*%W:%4=WPAGJ7J4JRT58MM8D-:"D&A4;`[4*K-F
MHKC1@*XCVM"9ZEKWNG'@J2R3.Q\57;,3TN5%>!EQ@6>9UT4;T*XN4-BHPAUH
M7#K]Q'@C*UQB:J*\Y\UO>AEQW-$N])HJ(I)\ZQM-:,Q7$?C-KWGW"\Y2/B(^
MM1HH_P4J-&#A%EB\!-Y$@A6,7O7F`H74\<V(UK16.6:8N"?.Q(8YW!H&;]3!
MN3@P+F2,B!6SN`\NANQZ<5L*&MO"QX:P,8MSC-SMTM?""P%R(83,82+[%\8S
M3G$_E$P()BO8R5N%\BVH+`LN"\+*^O4P^WA\1"GSP\M_`/-YL1Q6,ELQG&K(
MC)SG3&<Y;`+-KT"SFA<LYEMX$,UXSJ>9+;'G9[&9J496!*`'[0X]W[C#_'7S
M*/[,:$E6FAV.?G2+^UQ91BP:R2@&M8HUO>E(:_D0GY;KA9LJ:DP4&M(-3G0B
M4NW551]9U1HF-6L.S1Y)?S&<M':JK6-\:4F\.CV\YMNI#?_!9=$@X`0GF$$+
MIMT"($!;!PG89)*+'8ECESK6._8TMQ5A@QM\0%7H;@X/DI#MX28DTZ1.]@)E
M7=IQ%X(%,1`"NG$P[1E`&]K3YD&89J`#^[[;WH[P]JXYW41QMUH1-+A!`,(4
M@!OD@`5_6*0.DH"#YCB!"]N.H@YT<`1H2_MC*/_`#4Q@`AN(Q@7DU36.&9Y:
M8'.;!2:`09B$</%":%()`A`X<P(P`D^8:9>]#,4:=1!MH:?[Z6$B@<=8'H.7
M?UGF\NYOEI]9:1?DX-S-(8$,;#!KN5*A!<[!N":.":0?)?"YYA'`#-+-[Q;,
M```LSWO>/P9U505@``0(_!0&7X#_*]/\DC9_^!]H(`,2A%T&I>&Z<,N@\P>0
M(`::F--COPM>/R0`"!U7M[]UH(2G,D(T,3"!N3_@^+XW9PV%-_3A;^MP7`O"
M!3&HO)ARX,H,QZ#U'U"[5<^9SG4F5A-H`(*$6B"`=C,2$Z+)`1D(,(`!K$%5
ML8?UB^F-Z@S;0`82@H$)A.\(?;(`["0@.R;ZZ9M_=H(%X&<.#D[@?#[F^ED%
MF$+VM:_C#R?>JT4``+KW`#)0=)DD9;_''#(`<WFC*:+R=I7@`O'W`/-7>L)V
M?_$V>YTP'A+@*\[5:[4710EP!$X0?C'`@);V<#0P<0\0`)'G62+E"3;0>B1@
M!A98:QBH_VE9UT`@)0CFXC*5T!ZG0CXC0SUM%H(V5`0G4()A=P,OJ$B,=@/,
M00*\9POGUQPFX`+PIH-]9E,:D#SH0B00"$""@!S_<E4P\V225T,Z`'IA`@14
M,&QEIWB",(,*B(*Q8`+`%WE;^&@[:`@D<R#$`2L9L"1!>"B+,QLE!H)KR"*A
M1X%P:(%R6&]T*`@LP((!0'ZM,`(L>'F$T(<W]H>\LAV&50'N`ER0T!XZY3T&
ME"BNHR3:$8NRB`4_E`0M<`)%4$-9((N\V(N^J`"T*%R[^(L*((7,`0#$J`!O
MD`+,V(S.^(S->`;)&(MP0`?-(01C,(OU-8S3V(UL('-?T(T8!?^(VV$DBH,!
M7((WGR0(!1,K&D`J1:9H""=,XY8#K;>`<VA[IU=Y,&"`/C>/,:=KHD@(`64@
M!O,GME$)9B,<,8.*RM:(%QA<E7AOF/B$GSAN+J!OS'$#>'B1$VEL6-=GN'0=
M41(_83.&G4!I'QE*\VB,5-A]*VF'+>B/,*F/KA:2IL9]S`:0$#E&JR:30M"1
MJ'6%S&$"2.B3.>B'&GA/1\E&=\:3ESB%ZB<(E.4")N`<%DF)-GD)"C=S.1EN
M/>F4$KF5CG"5S"$$:B=9.5!YGEA^/(E@.`EN_M>4=/24*YD(*SB%F.=1-J![
M^-A[=_D(73F0<QF6=3F6.%@)>L@<,)#_!R>VEE@I":`X9$OY"BI)EI6@9"R@
MD0_``W'E56Z0>\Y!DY`PF4U6F0I%E_:'F!%Y"2,`=IV9!+D(1",X=Z,)A8&9
M<'&Y?6`IC[E)C[_)"&*`=LV!`_YV!",';4#`A,U1@(+TEHDPF*C9"I>9F'`7
MG%Q7!$G@=%`W`US0D9D)G36VF_TW9JI)2':)F2F(&D5P!-(F=$XP;2=`!>[V
MG-@)EP(YG2ST?]9IG^IY@/>9C_W)E>09CX7IF_\IF>)9DP.*FPG:;06JAKTI
MH*WIGPT:G@&JE1=*"=+YE0=*H4C)FB%ZG0]:F@L:9!&Z=1.JH15Z"<$VHA;:
MHH26HD>HD_^8_Z$,*J,86J*`R:.ZF9\>:IZ&N9HDNJ$`ZJ/`B:0!F8%!ZF?\
MJ:/K::0*BJ,[2:5+1J.(MJ(Y"J,N>J(WJJ1#BI[WA:6,J*55"J8(*J4L::4>
MB:;12:8/::9?JJ8FRJ:#\*)B.6I`*I="FJ90>J1TVJ.!ZI9V>G5[RIL?RJ)<
MZJ"#FJ2->I[/-Z:'6IY."JF45*1_.J5NJJAY>I.3:J!]"J*=VJ6%FG%>VJ:/
MN@@=RJ>5&J:1BJF+NJ.IZJ>QRJ%P.F]RBJJ9NJ:;NJ6CRJB["@FKBJBARJF'
M":N_*JO!*JC+^J-,RJJ=YJJ7&J.U"JC-ZJC7NJ1<V*312JO)&J79*O^MVB:B
MWSH)PTJIW2JJQTJMY:JILZJN1.JISTJLK/"!<0JO8HJLZTJJO7JF[SJ>GRJA
M3((?]]&#GU"$Z#JGX>JM^PJLU>JN"_NF`:NB@I`I.H4!&4`EZN@):/B!U1FQ
MQAJO_/JOOMJPE7"NH-HG(R(G#ID)C&,[YR0],CNST@,%'7"S.)NS.HNS4D"S
M/ONS0,L`-KNS1)NS/1NT2/NS0UNT17NT2?NT-<NT3.NT4)NT7G``6)NU6KNU
M6@NU!G`]\#$;(F*(H-"*[W,(V=&-:KNV;-NV;ONV<!NW<CNW=)N,*1(VAI@N
M$@4*[S@P+E053H(J!N4D9.L)$B`S?UL6%-#_&Q(0*[R4N)`;N9([N9+0`)9[
MN9B;N9J[N9S;N9=+N4/AN:([NJ1KN:"+$Z6;NJK[N?QPN&5U'6N5&\DQ`6:S
MN#^UB(S@NM\1'C<RN[6;'+*14KKK@XTCNS[XNX,@4Q-0)/WSNLGKO+1[/M_A
M1)Y;`U50!370`#6``D2`N2J``BI@N=_[`@WP`E40!9;[`BB0O9S+#P*E`.](
M'7M+4#UR'1J`+(F2);V!4?:*"._[CH(PCF58OYJ%O^F"*OP;"?^['=<$*VQ3
MP`BCOV'C?HW`)0K0/.=2OX/@P/9KP!+<(P[9N11@`#[@`P9`!%&P`"=\N3\0
M!`90`RI0`CO@`PWP_P,[4`+H&P0TW+G\`##^9"IAQ5C49%)+X@']BP@^W'X$
M!<"(8HZ/(F!&+`E)'$]DXAY.3,3QU+*),#_^HSA-/,3$X3L43`B<^P(&L`"6
MBP(&(`$J\+7I:[D&T`,[@`(-8`!MW``HL`,U8`!TS,/[,#!]4@(H<E6&%;92
MTB6L!!N9DCQ,<AN%7"/:`S;`A"C?1<BK$[:HXU.IB"A710B6O#>8[`&:;`B<
MV\;AVP"F/,/D>[E$\`,U3,=\;`!X_`,J+,-^[`ZS0D$G]2F]00&".%9FX[>,
MD,OWVQ_X8BF]_,LJZQZ00,Q5C,QZHLS1["EN\PCQ52.H0@BHXLN@/,W;4?_-
MA="Y!F`!EKL#:_S*EVO&%=``01`$9KS'+]#./P"^LMR^^U`ELN$!LI/$4K(_
MW1,N!X(L.I4AB`P)^*Q.6,,OZG0EQA/0,\)+D1P)!ZW/5;S0_YP\`HTV&1L)
MX[(`A8,G_CP(%MW0>O+0HK+1A]"Y"F``+%T"/=`%#/#"E]L%+(T"/5`"/K`#
M#3##+HT!!E`"07#+^T`!)<`!`+)3VC&[`TLK1YP(1&W4/N@K2>V#2ZT?38T(
M3PT<NY6\TD'57NT;*&D(>,(C:3N]77T=5?T;B2"Z54#"ZZL"JRR^*J`"V?L"
MI]P`/<"^-=`#GJL0C1O6ANLEK/#7]8JXGS"Z+T`G!'R]NJE[NC?!V)`MNHYM
:$Y%=V9L[V2IAV9K-NIC=V9[]V:"M"X$``#L_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>12
<FILENAME>u50917u5091710.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 u50917u5091710.gif
M1TE&.#EA(`&U`-4^`,#`P,W8ZO___P```(K4Y5"^UT!`0,7J\H"`@-#0T/#P
M\.;QQ["PL'!P<%!04&!@8)"0D.#@X*"@H#-@JC`P,-_?WR\O+^_O[_/V^IFP
MU;^_OR`@($UTM4!JK]GB[Q\?'V:(OX"<RN;L]5]?7\#.Y<_/SW]_?Z:ZVC\_
M/P\/#Z^OK[/$WXVFSQ`0$%E^NG.2Q8^/CVJTQ#^NQV]O;Y^?GT]/3Y6ZPK;"
ME^/T^:C?ZWS.X?G\\IG('16HRO___P```"'Y!`$``#X`+``````@`;4```;_
M0)]P2"P:C\BD<LEL.I_0J'1*K5JOV*QVR^UZO^"P->`1F\_HM'J=]70F$PXS
M,&';[_B\'LEA^3`9&$MT>X6&AXA8$R1/A(F/D)&0+!V,11@O$RX!0XX>+A,@
M97^9+R*2J*FJ6B&A@IT9`2%R0H08'2RR+D(G'`$GHZO"P\1)`1P<KW]"*W6U
M=2<=`=,3IW09Q=G:V;<G1"L@K9UU&1P9YQFG/B0=(,K;\/&%WD(NV,S)CCZ$
M)-5"KX(P<*`GKZ#!-:$RO.B@SD<T$JU6/*MGC@6M#"`R5#K(L6,8$2S"!?L3
M(@2)%Q)]B+@'*)PED"!2>IQ)LZ;-FSASZMS)LZ?/_Y]`@VKS,*VHT:-(DRI=
MRK2ITZ=0HTJ=2K6JU:M8LS(M(T*KUZ]@PXH=2[:LV9%"TZI=R[:MV[=PX\J=
M2[>N-@!,(D20X$,"WB@(_MH=+`9O!,$^#OLP'`&!C\`^%.!5$"&!$,M$`%!^
M,"1!A,@*0NNEC!DSX=--'#M@`&'(Z@>L`0!PC`"!@@8`<-=.D``"@R&X&R3@
M[(,UA,.R9TMXX!M"[]^HHR>A_7@(]<"S'V-_G!RO<.N+LVM'@%PV]>K?I:LO
M<AT\;?/:?31``*%[`@30?4!`T*!ZXOF>/:#;?_C=E]]Z"":HX((,-NC@@Q!&
M*.&$%%9HX8489JCAAAQVZ/_AAR"&*.*())9HXHDHIJCBBBS>Q(`!O]W6@`+Z
M/6!:BPTFX(`/#D3@&VL)S+@CC@Y&0`$`#@!@@!`&0+8D$C<22=AL%/CP9)-X
M/7G$`-UUZ>678(8IYIADEFGFF6BFJ>::;+;I9I>?-?$`7S\Z)V02`T@9'0/0
MR4@C!#;BJ2>&>0YJ8:&&4HAHHA(N6DQM"%C&&HV01LDH&XX2(]L&"DB`'V>;
MTG@I'IEJRAD#^/6W&'&CWE'J,`]\)H$#JPD1:ZNDPA/!E:$MN2NNN6X#F0\)
M&&``7L,"BZFR#K[*K'3.0J)#`=16:^VUV%*;P[-?1/M(`3V$*^ZXY)8;+@'<
M>N'_;2+@FNNNN>BFR\6ZB+3[[KWGRCLO,?;B^VZ\^F9![R']^@MOP%H,;$C!
M!I,+,,)6*%P(PPV+^S#$5$B\!\45]W`QQE)HK`?'%7\,,A0BYT%RPR:?[$3*
M>*QL<,LN,P'S'3+[2W.$Q0ZA)8^1W&Q'SOCN_."NHEH)7`M!\]OQP1@V0($#
MF#TI@00_(R(T&T3?:[2#!BB@(Y-".&!`"WP]LO4:7?^+D[%\-6"L<P\\D+09
M]$&@ZL]9'[*V&FV[^[4\6=O(@`(0M);&U4.D+83CB?R=1N!0V]2"W4+\*@0#
MD,<E.1J4ESNX/,,)@9_/=]]4V>;0)2!!ZD1\?D;H#M]D_UGI"E0I!&X[%6N9
MIPA($,%K@@Y#^[BC;X,DY@FT;FS?6RP@_?345V_]]#MH0<'A/(;F@&]*(R&[
M&<=;3"$/Z*>O_OKLI[]`%@E0@`"G5SJ)YYOXHRG#T^7&D/__``Q@F]I'P`+>
M@$QQ4D*0Y),;WC2`->';DM/XA[SS%?""ZGM?%N36G^'UR`</J)7X)DC!?$T(
M@RCD@0;S,#XQE,^$$DHA!E<8K"<@@`):LIH!'`"[+;S08QXA0`G%50`MR/""
M-'058!#SI"I!$`P_3%X4])(8\@SA0%X0XA![4,0L'+&`2;2#QK"FJO`9H`'?
M"T,4OY`[`.Q*231Z@&/"H,4A=O\1"U\D8!B7)87T:$E)"?3"&KT00@",#3?+
ML107ZEC".UXAC^W;XQHT5I^PD2TR<W+A%H'8!028C38&X)0#T#C'+S"2@HZT
M`B39)TDU:`Q5"4R;9,BW22DZ(0$`R&1?^L-#!4!/"Z?D7RJKL,KUM3(-Z\(!
M`9;)S&8Z\YG,U,(@O0`9!JBJ6`90)#`W.4PJ%#.#>UC7`3;9`VG6,HC<-.(W
MT7=,-(B3G.;<HBU5$<RG=7,*ZV1G.)DPSDW&<XCS/((RH4E0@FYSB_>40CY5
MN,\E]'.+_RQA0(WPT"$>U([J7&<[S_!.?V9AFE:H:`DOVLB,?G.C9N@H1#]Z
M3BR(E(+_)$6E28N)4C&HU*(LE6<67LJ_F`ISIJNL:1AN.M*<`G2G\,Q"/3N6
MT"@L5*A@("I,C2I1I'H4"TNM6%.A\-2&*H&G3XLH!2=:!+!VS*?V!"HDH=HM
M?B85"R"M@EDKAE:FJC6/;%676Z]ZA;A28:X-JZM6[_K%O'9!JCVEZEBMNE*L
MIM.+^33LOASZUKZV]`J`-9A@&[;5)W15#X@-JV+Y1U8B9-9?FS589YWP61;N
MM;&6U:E+*VN%K'*6L$>4[!9">];1/JVT0S@MOE+KK]4VH;4U3()P[R56TC(6
MIXY%*&YEJ-N$O1:ZL3WJ;/E:V\?B,;)>52YMJ^#7*2SW7<3%_Y=QF8!<)5*6
MN^2];$C'2P7;JG:Z*:RNP*Y;5+C*5Z[TG8)]BXM?%.H7"[REJV\[!EPAG-==
MZ;W7>I?07C'R=ZK^E2UF`RR%`:NWP#/4@MSXXL'/A!"+L;MP8C.LW0W#M[[>
M?21XM[`DX00)@K_T08(#N^"2/;>_5_"PA$&,Q"W(SXSV&^%[86N%\DKAP>:*
M\+LFK(0*5R%WW5/`]WZ38RZ-R0;D_-_^MN@__(%YD_^+P29E\+^%'G!,@4R"
M7Y8$/.$13\E?Y7`4G!P%*)=+RNZB<A*L/`4`'(=UEWE=\?+\XBGP&0I^)A>@
MS25H)!#:E2H6+8NKNETF5T'(4R8R&/_#BX1(CZNYO_TQAH,<8U7.V+5+QFZ3
M__M7/4,!U($6M1Y)?013BPO5#%;UBEDM7<AJE-<4M?43'OT$7X=KTN6J]!$N
MC<Q,]W;3B^VTK#_=:F*^.KFE5K83F.T$9Y=3J=WVYK?=RVA/4X'<33`WM,DE
M;2-0VYW65C"VG:MM('>WV-\]-FCSS>-]I[K?J_XW1HU]4F275=Q-@#?!-8MN
M@,M8X+!N][;?36OS0IP)N*:TKB/I<--^?`D2C[6_N6UQ5V,<W+T^N1)2KO&5
MP[CEWGXYN\7;:"G0G.?N%G"Z\;EN"ZL\X?'5\'Q['H601WODK"QY<&6>A)^'
MF^FW'KI"B\[_QYHCG>-*!S#6G^!T>D/=F%)W,-618/68C]T)91]7O8MP;XY.
M'+4]9IFP-4WLA0>\X0,_^K!G'?9:O[T)<2?BV<$9>*\//NDM7GK0.ZQUIW)]
MDG<?;MYGMO=K][VD#*=IVGT@[\WKK//Z_KQ,0Q_4T9?>X,%&^.-O[O>+`S[C
M0-^XHSO^Y+4?(?'AFCL1ZI[2S#/7]$5#?<%5_U/6K]7UOC="VY-]>)!7GJN7
MQ[3@^4[XR(M]\DV_OF>S7^WM>[[[G'8Q^+..<W7KW.B.YS[DTR]YW5.^_41_
M?Q=<UT,A[)CBL.=CLB=_M`=Z?R=Z83`\#,`J1O!_>!>`>C>`Y\=R_[7G<K?W
M!>#39<:'7LCG-<H'@,R75LZ'5V*09$?0`@.0@BJX@BS8@B[X@C`8@S(X@S18
M@S9X@SB8@SJX@SS(@QM0!3A6,W5Q8D)8A$9XA$B8A$JXA$(H`$[XA%`8A5(X
MA518A0+`A(]@A5JXA5R8!XAC`+?R(OEQ&U1#+,PA!(#R.\9B!1$@-[8A!)UR
M10XP1PL8(PTP(U9B`)T3!;.2)(]C&F1H&7Y2'+`!AV4T!5\8*X$HAW18B(-8
M'"BF!%:H`17@A!>@`1<`A16@`4]8`97HA)SHA!50`E68![42/Z'A`[I#++RQ
M(SQD8W>2+(B83<6Q)+E32GQ1ADNR)'420?]44!N1<2S<T1FMJ!]\TAJ[&(R(
M(06G>"3%^#@\8AG)V(O+T7](0(4JD`(IB`(7,`(6D`*9*``E\`$?@`("0`/D
M6`(78`$6,`("<`$I``.E>`<+M#FM,2M%H`"<L22S83\W%(E.`#Z[$R3[400-
M<!CO<24^<#G6R`1:HF7#2`3Z:$;9$1@0\#T-J4!E!$$3200'69%*0C8;((M,
M,(45,`#R6`'M*(X#\(D5<(DI(``6H`(F,`,J8`$",`#=^`&?.(5X<!]7U!KQ
M$TB\PX^UD26N$6=/4!_`T0`;0`$_.`3#LQ@)>4FE0P5#$AD[0I)%R20@"2.`
M0@5`:8\,1`13^97_7IDD%*"423"%)C``3_B6.>F.4&@"[C@`&F`"**"7.:D!
M`V`!+4F%>4`!@F@`JY,>Q3%'K^A`$&D9'S0%1D(C/4.51&!)2L.+QW@[#!@%
MNE2(LH@J:'B,EPE"SS@%A!F,$0":E2DJTWB,4UF&3C"%?JD"[X@"-?".`T"*
MHLB3,JD",S`"-WD!`T`#<+F7@HD'^OB4EJ$DBJ.5QL(;9U@CEB$W`'E+H<1#
MB=8XQM(?=1@9=R@9#H`Y53`_&P`=$@"(9I--@]B=^BB>B/@`RJEES_DXVTF(
M=HB'8@@%5#@#?YD"%C".[/B$ZUB.)8".*:".['B;[)@"/1F%>Z`C[HD'4`PP
M2GN@C["9!Q":D5Q0A14P`@,P`C"PB5!XB1J`B0+@B4\8B@)@HL>)A8>@A14`
C`^'(A33ZA"Z*"#6:HS5ZHR^JHSYJA3QJ"#\ZI#ZY!$$``#L_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>13
<FILENAME>u50917u5091711.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 u50917u5091711.gif
M1TE&.#EA(@&V`.9S`)G('<#`P("`@/___P```/EE$$!`0)FPU5"^U_#P\,7J
M\HK4Y=#0T.#@X&!@8'!P<*"@H%!04)"0D+"PL,SDCK/65C`P,/N?:O[9Q#-@
MJLW8ZOEO'__V\?RRB/[CT_W&IO[LXF:(O_IX+ON,3+^_OR`@(.;QQ_J"/>_O
M[Q`0$/R\E_N56S\_/R\O+W]_?X^/CQ\?'_W/M9^?G_RI>:^OK\_/SP\/#_/V
M^D]/3WC`2$UTM3^NQ]_?W]GB[^II&Y6ZPF]O;[/$W^;L]4!JKR.COLI2#6JT
MQ(>&;7]V<5E^NH"<RC">M^I[.ZS$;J+%1?'Z_(VFSXQ"%V6*DL*<>NN.6LV?
MA>_<TMV`1<3@X]+(N=3O]7U&)7.2Q3\V,<36U)^,@JC?Z^'7S'S.X:Q/&>SU
MU::ZVFY30^'AV\*YI\YQ,K%Y2C&?LER3C\#.Y?/XY%]?7^E>#\!_316HRO__
M_P```````````````````````````````````````````````"'Y!`$``',`
M+``````B`;8```?_@'."@X2%AH>(B8J+C(V.CY"1DI.4E9:7F)F:FYR=GI^@
MH9@:I*0W@SVD/84W&H*EL*NBL[2UMK>X&;JZKH(ANSJR<QH9@KO'(;C*R\S-
MSH49O84A!W,W(3J#Q-/5S][?X.&6T8?4@@?%K^F#YN+N[_#NY(;F0DE0VNN^
MW?']_O^SCLV;\TN7#B'YN`%<R+!AI0QE2IWRI834@2&]MA%JY["CQX^#!F[D
M%X*+.H4@4ZK\)Y)=MQLZE)P<N;*FS7`9DH38&82=CIU#ALC2Z/*FT:/*#BA5
M*BW(TC83YPCA)RB(-*18LVK=RK6KUZ]@PXH=2[:LV;-HTZI=R[:MV[=@_YTN
MG4NWKMV[>//JW<NWK]^_@`,+'DRXL.&^5^$J7LRXL>/'D$/)F4PY!X#+F`<Q
M<"`@P!P(#QXTF/,@@(`(`B`(2M`H`00&#UA'"O`@LJ<.!7+KQB#H@0`!@E!+
MF,,`@H`'G$<_2O``@FM$M!.]5D2Y,N;,@DP/ZJS=@"#OFF4G2L"@LP$&XAV!
MM\T)M^[<O.>LET]?N_;9$QX,1S3?4&?JU<EAV74`#!*``?\)X,!Y]#4HR&\1
MZ/?@`Q%($$$"IIG7F6^E12C!!`ZH)@AH#C!0@F=S./#`!-W-40)RR#&`&GN*
MN/=>?`@"YR)R<]BG(W&GS0&BB*1%H-P<$DB`HO]F#C@PP8G!.2#D<7-T]IL`
M#<PX2(`"$EA@=C]VMEF#\UW9H)6F!9#A@0)(`%R;P)UGY"`1]"@!>&R6%B=]
M=9H6P9(T&F+C;M\1XIV1/A+R)'%S9O<G(6;2&=QZ$KKF76<EG);`HUL&..!U
M!CH0P&AM2E`;>&7^=F::W/W&9@"BBAKG!"!NEU\#ZQD0@`193N#=I?G1VE^@
M@PP*WW=J"F+!@0TD*LAF%C!`JY3?.;#?9PTTJ6B2O@YB80-)6M!`9TX*(.U\
M7'Z*W1P8CCI'LR@R\"PA#=1+G"`-))!OOOKFRP"_`22@[[T!$^*NO*L57*^\
M"!]\)+&$&%M`?`PDVZ/_NP,/K%F^/8I7[Y'RVDL(`PP/T@#")+_+FL,0M^SR
MRS#'+//,--=L\\TXYZSSSCSW[///0`<M]-!$%VWTT4@GK?323#?M]--01^*K
MCILAK&K4;@E@P`3?&:`:!!<V0*1T<T0@KP5SH"T!!!!<B[5:SJ'M8&Q4.O)`
MQ6\>6"@B#[^-5'J&"E*"B`\84)HCF_:8-ZK0+:OFXY!'+OGDE%=N^>689Z[Y
MYIQW[OGGH(?^>`J'W+>KC@D(,`'"BYC-;IT&,%=Q;:4/Z_=-!!B20.SLOMZ;
M:=0J(D$*AG\6(KM-`FZ@[;?7E'LA$93@-=@,0A!PA*'HW3Q2SXNC_?9&=1_.
M__?@VR0^..27O]+YWZ2O?DKL>^/^^Q_%_\S\]'=DOS/X]T,D>>^ZDO*BMK]F
M]"\>Z[&`:C"TJ.T5D!D'A`=XVD2(M8'O@<N(X#O`4X((B$M9`R3@.S3H#L9-
M`#CY*1\&E4%";W```S#L`@S-4#AY&:!O?ELA+EJX#!!\X`(B>$\1=%,$)JQ`
M!590GPYOP4-;@$`%)WB/%*>8FPN`X((C9!XS/C`"*8Z@`UG`@@+&.$8OH&$*
M<?"!;BYPAC$^X6U+E$2S3*8<B]7N&R"8P09TLX$+Q&`0".!2=8AP!#46P`='
MD(,"X&@(TRA';,\:3@*XQHC[-*`$\LK/BJ"CQ5J`X/\"[QG!!PP12$$.LI"Y
M24,8&%D()Z$M2Z!)T03<%,)"W(=!91-8G>[(C$_R<097/$0I35F=-:A!-RK`
MFOV\\R'ZJ*@YCM#.)0WPJ[TU,E-7RJ8VM\G-;G;S"Z#,#1RB@`1O"F`)Q!0D
M&PQ)!7.Z\YWPC*<\YTG/>MJ3F_'+5I4\XQWRB*:6!@..=DKC@'H%SY:=]`0'
M9L#'#G"`$<-,YR"OD)L3/-1I\9L3VQJD)&U54D<(BMUF7,?+6G1@CP78@$,=
M$5&)4D8!X3R!!S#J'PMT)@%-4@T#>.7116BL1X,06"*:6(D/!#$W*WU$2UVJ
MR#E\(#<;F"G3V/>X1\Y+9=G_2R@F,!#%*@83$DMUZ2*=NL>H3C6+H?!`%W,S
M@OA((JP2'>L</%!6MR(MCK4@JB-\F1L1_+$2<$VG7.>*TE$F#:^TT.LB^)I2
MPUHBL,0<+&&/=5>T:H*Q*KWH)2!K2LE.UJQ'0^PL%&L(#*R@H9K%!&<%Z=G/
M2K5HHA4%:07QQ*.F-*F;6"V76NM:H\4VJY7PP'M$\('4YI:I`>)M;XGV6U#,
M5KA]_"LH=)M<10BW`"(P[L^:^XG9SD&[GZ!N=90KB*<6P*)#XZXGO&L+\;Z4
M$>9%;]#4VPGVUL*]DR'O(.(+7IW1EQ/VI05^F]H(_@+MOYL(\"P&K%]"A/,"
M![;L_S\8#(D';U?"_J!PA:OH,P0W$CBXL@#7<.J`$"I8%!K><`$@_!@/O'82
M\?O/'(BGFAH&8&Q#!;'`O%.:Z)0TP\@=[R0LO!@.?*"K+XY$C%%$*>;0[J,F
MDQ+C?MR/%$>"R&[QP`50BMW^-F+)@DA!B3^#&AQ"YT=SFO(U[\EF>Z(SR).1
M`IN9D)LQM/G.>,[SE9"PA2'J9@55N#.8GT6MG4(3RI_1T8?:QLF%6#D2'.@J
MB\^B92Z+H`-?M028&4:MTD#@H(DHSNNH*:^K43D>CX:TI,URY/>L0+J9B-]T
M`A"!,4-@-(?NKE:_D6I(KW727^%`!VQ[Z4QKPL.9.'$H>O\MB9AZV2B?Y+(H
M0X%L3"A[NG#.KR;"*0*[(L6T[[E`DCU1[4M<.[S9)G`F5*";#B#%R+95J;%!
M46Y+G-L3S*8$!HZZ@F<W)(^6+BXC1(8O2M2[$GJ%@`$N9$UL9[O!D#XM=KWM
M$".O-3<KH#@BP!8!2LK(X!AV!-HF(*)=/S;=$)>$C58P[W]4^I<M3P1XZH13
MDQOBX)30JXA]TW!T/QP4'K#M!33N#@ZHP+8%F+8D3N.`.I7(YH7`^23T.JYH
M]1S?*!?%274C`A7X>QE&EGA?,6V)S;R&FBE@'22D+@G%?GH04)]$OC5A=*3[
M\1MAE^+=,2&!@\9]$&R?S=_'18C_)SL<SBG?:CBA>H$/Q!P4'(C!#+KZ9X%K
M@I*#P/$C`@^)>W=B[@H]NA1%<`$5$/T2&(A!!T;`Y3^KX/&/<(,)9D_[VMN>
M]F3X<LA1G?5E>$`%%Q_N%SL`0]@/`H884$$'5A]\*9Y@!C'X^B,HX*7J$Z@"
MNG<'"<6`@.Y[__O@][X6COOS9V!@]:VG8DI'P/[FJS^4I3_]):AO_?ICGQ&<
M?P0)00_6WH,#!.<W`R.`=.\W11O`?C/0`1^``<:G"?17?]5W?XN0?]&T:_RG
M5/[7#QZ`?!^P?,L7`\C'@-[P@!!X?=DW"Q.@):;62!:8@9OE@BU#@B6(&1*H
M"+*&,"#"_QI@HR^:MPAH8S9KPVBG)DPP"%A%2"PR.(,`4(.)L&D%52=T8WCJ
MX2N[<W79T8+EEPD7"!E).(-,B`A@]A\\9CB`TAHA12:-DSD[D&X_(#J1LX;9
MUH9N.(=T6(>BTP1*2"!.D#EAR$^KH3IJ5TFU41IWXV,LV`A;B(A'>!,`E!VB
MT(4E^(6'`&:S5(6D`3R14#A20F(FAH6(1WZ?N!4*)`@38`$`-7]Y>!V2>'.'
M(&.G(2_6LRE2"&">&&2)!U&+>`F[HR\&(&+*0$'L8HJ/F(HT>(+C4XO(=8N+
MD(B1$`&JP2]_=PD=)"X08`$V%0J0"(&K&'6[1X19J%JY6`D,8/]3CP1JM.`=
M)_0?<O,)V6A_QH@^R,A4RJ@(S/@(OU&*P6%FHA`:YX$K/`(*[6A]VT@(%-@(
M^Q>._?>-F]`V"8`VQL$,Z+$:@=@)`1F![]@^\2A6H&B+H/"*FT)JHJ``"S"2
M)%F2)DF2\Y@(%>DE`PEXW4A*"(F!"JD2"Y!N"[`)*VF"^/>2A5"/]!B3C@`&
M)SF4)IF2B%"3V7:3#DB,E]&2@E"0E921<;61R4B53*64F8"4<(:5F)"3JGB1
M\B.5@F65&JD)`\:5EZ"508:6EN"5Q;B3VB>6D4664VF6-KD):HE<;%D);MF4
M8'D_<ME9=#F6=IF4>'F72\F43CD'4+G_"`<YDT8(F91PEH=IF(E)C(O9F(KP
MF*&HA4"IB):9E8B9"7VYA'_)/X')6H,YEX6YE97IFI>9BIG)DX3@DXE@FXA`
MF9J0EU>)DTQIFG!9"\HA5(V&BY(I=Y]IG+`IFJ'9E;\YFX4`+\_"&APCCG4B
M(R1UB,K)D:W)G9[9G&DYFLZIF!>I("B$',QA"367(@95G,N8G.]YG&\EGN$)
MGFWYG.6)(A_"&:>X"$^'AD,(D_(9";CIC<N)";SI4GM)":4)G82@<+2S-FXC
M"0R`=C*B2VF(.7`(9W)(AQL:9!TZAQ^*7$9@AT:0;B5:AWC(E'N(.?9S-[VA
M<!,9">AX')B'_U"@V9G@.*`)>:#UZ:/W29[!Z2T'PAJ\LB(3*@DB8D?:&9\Z
M^H(\*I-`6@D)*E$+.@D->I$G-!J3Q"Y)ZERIN5NK*9C=J9>ON9:^*:032)N`
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MK(BL3LJOM&JPDWFNCR"O`4*OC6"OTTJP;SJK"0NG^6JES]J;L9F'#GJ,%PNL
M^ZJL(:NQS.FOZ&JL$8L+*XBCR<JL(ZNO[YJJ)2NSXZFKA8I3(^:,2-*?C1"$
M7]HCO?I>O\J:S8JQPVJRH(JRWPH]V5(>S!$`-VH):L:R!2NR,6NU_4JS/ZJU
M06JSH@IWBE.A_Y@)4TLO*4``:)NV:KNV;-NV;ONV<!NW<CNW=%NW=GNW>)NW
M>KNW:4LZA>`=]R$!.Z4)A3B+^<,5P$(<IC+_2YG`B8<;%C("'.DIHX];N99[
MN9B;N60Q`)S;N9[[N:`;NJ([N@.@N39!NJB;NJIKNC5!NC50`YU+`CS@N2A`
M`B@0N[<[`#P`NYQKNZ++$-E"39YQ)T\68B.6/,:C&@$@/3.J",&K*Y*"+[UX
MO+9V/,N+2\M!(0:P'S+V+M.+/-4K(A\7"<P1`=M;-M<HO;[HN)\FOKNT"*);
M`RV`MC!0`R_``@1``IT+`RU@`[?;`BS0`BA``S```S(P`"_@O[^[$!^T*<JQ
MCM!XB;11A;%S'Y'0P',R/":S8Q(<&[^"(3\""4[2&US3O1'<8QXL'P)C=9$P
MPJ2Q.FFSP56(PA2\_\+-6PBB"P,X@`(H@`,P,``H8,"="[OY2P,M,``M8,0T
M8,0H8`,'O,#_8(@GA"3]H4^HHAW<D2FS\60G1!M5+&7(DC?+&\(B%U274H96
M',;[9"$2P+.$L(Z6^,5D@L6[4B']&;HDD+^]F[\!_+DD\,,NP`(#P`(ND+]Y
M_`)H^P)0[`^P,0B,.XX/DV9J+&,6]`B-3(K#8P`I,#:2+!]T+`B5_`CKD3C=
MFX]SO#BS9(Z+,,IU$LJF?,6HW'>,$+HH0`"*C,`$P,,M<,N<F\0#(`."S`(R
M``,D\,<X``0T8`.+[`^N@RL`!*,CHF@D-QS>@3;RXLJ-T,R\XR")!LK33.T?
MUHPD/:@(J8$\GE'*#XDDWUS-*4(R[^L(Y8Q3`3"^F2?-C,;.)4+/B2"ZB,P"
M^"L#0.`"-J"_G%O(PLP#-B#0/``$_AS0+8`#@ARZ#(%3!&!U!_(_YLL@5U,U
MGX$@DD#1+$P:0971I48U)=+19`S/*9`"E#0=JT'256+2\N*XD2``*\TUA>,U
M+PV2&WW2-*T(HUL#.$``.$`"-.`"!%W0+H#4NNL"O"L#MPS5N0NZ#I$E8[8,
M5NW&G5"^-RP*7$T+J$L";\#+JEO6G,NZ*V'6:FW6:*T2:_W6J-O6*0'7="W1
- -<OT1=9W7G7L)@0``.S\_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>14
<FILENAME>u50917u5091712.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 u50917u5091712.gif
M1TE&.#EA(`&X`.9&`,W8ZO___X"`@%"^UT!`0/#P\-#0T+"PL.#@X%!04`4J
M,L7J\HK4Y:"@H'!P<&!@8)"0D,SDCN;QQS`P,#-@JB8R!^;L]0```"`@(._O
M[S\_/[^_O_/V^I^?GQ\?']_?WW]_?YFPU=GB[T!JKZ:ZVF]O;V:(OU]?7[/$
MWX"<RL_/ST]/3S^NQXVFSUE^NB\O+\#.Y0\/#X^/CQ`0$$UTM10O-7.2Q:^O
MK[;"EZS$;GS.X6JTQ)6ZPCD\,B,U.#$Z/-3O]3(X(^/T^<#`P)G('16HRO__
M_P``````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M`````````````````````````````````````````````````"'Y!`$``$8`
M+``````@`;@```?_@$:"@X2%AH>(B8J+C(V.CY"1DI.4E9:7F)F:FYR=GI^@
MH:*CI*6FIZBIB#`V)B0<C"$6JK2UMK>X1C`C+2$T`(P4P+G$Q<;'D28M@[.+
MPLC0T=+%*2ZPAP#-@\]&'`#7@R+@T^3EYI,6([^%Z104)(3/*.XC,(,N[BCG
M^_S]AA8F**0@!``8B1'QLE&PAP*A$0`4+%@0X:^B17,D*.@C9*$%A80A1H08
M28&B$1<T3%Y<R1(7N!0F!G%(82,CR%\%OPGBX-%>RY]`3;5H9F.@(!(N'G[<
M!D`$-Y,2C;2(&;2JU4XI*)AP,4+EO!;XC!IYEG7K4H@F1L"[RK9M)1$A_TAH
M$X0"!0>Y@W0^#(%"&]QA;@,+'DRXL.'#B!,K7LRXL>/'D"-+GDP9L8B<F#-K
MWLRYL^?/H$.+'DVZM.G3J%.K7AU:(NO7L&/+GDV[MNW;V2KKWLV[M^_?P(,+
M'TZ\>+DAC)`W:&`$.:0"#A`8GTYI2`$$!@8AV+Z]N1$!`KQC-\)=4/9!!90S
M%V2=O/OQ!J0;.4_=N(`AX,\+./"`__?OX=T'P0$0[/>`$0.>!]T0#BPGR'X!
M_O=``PD0.$2"]=DWQ(;.1>AA@.$!^%\!#Q3`'G+W.?<`>/]Y^""))F9(7(H;
M/MABBP$BX`"$_QT0W2`[0E"C$0<(X`"1#B30H_^1"/@HGXQ01BGEE%16:>65
M6&:IY99<=NGEEV"&*>:89)9IYIEHIJGFFFRVZ>:;<,8IYYRY%+">$=`Y8")_
M!^#I@)YT%E?`!"$B>`"!1A"0J*&(!CJ<`P4.HFBB^'TWQ*23&E(`?8Y&U@`&
M$V`@J2`$5'H?IH@(\`"'K+;JZJNPQBKKK+36:NNMN.:JZZZ\]JJK(Y5F-R"B
MBBHZ+`2I%MJI9`8P1X`!>>[9GY^`'L+BLKKU6<FUV$[);;=1?@NNC.*6$Y\A
M3\8XG[KCEE+N--!52,B@YDT@W0,.$/!DNZ.\2TZC@B0@ZJ`Q3M"<LOR&XJ\T
M!F"@K1&0VMO`!(1^1_'_G0DKC+`Y!60*'@;X(6<PGA.PF_$G"T-#XHXDCHH`
M`0X<^#*G)Z.\,3G=&:&D>8)LBE[-_=Y\CLE`IY)RT;P=78P.`S3M]--01]TT
MTIPH3<P`162M]=9<=YTUU9M8G0O67I?M-=B:B(T+V6:W_37:F*A]"]MNFPUW
MW$(C0W?=9]]MB=RV[,TWUW[_G?<Q@@^N=>';'FY,XHH7P3@E@-<"N>*33U(Y
M+9</CG0!"92(WI_2]AEMLN=TSC?5!10YR+&+&GLHLM8Z7HSJ=5.-0`+.+4II
M@)>2BKHYN+O-.@0'"O^[I:A:NZJOT-_*0N1>1V_]]=AGK_V0BEP'^GR,(EML
M__C#EU-\VU0_\$!VSY[.)[5$/VC[U=1W???#FMMN@`#[-B#`G3G#V";.9[?,
M14)I_1D9J8:@H`DX)U.<(&#9-@$M39DH9^D)E-AV1BH(Q.@!O%->)R38-TRL
M"`,F6Q4$'.!`(_@/@G"RF@&29YX#*$D`"2!`B&"H"1+:+Q,FN@\A!.!`$U5*
MA)UX0,7F);,<:JMEGX```?"')^9$RP`$R&+\;J$TT*DK1HHRP!`FA,0!UH]P
MF^`@D=2W'@&<AX6@R(X"2:4H(6**AYIH`+W04S'8D4>-Q4`@!@C0`/X8((=W
M$J+O1GC&K6T"`AA[87AF2`@'],X3:G0`%LD#*N1H$O^/::QDI)JW*FC(#0$"
M-(4/T8@)`\S@?T80G:4*@($=(4@`!-ABW![V,@+,X)`&F&$O?PD*UPGB4Z'R
MG:(Z%HW-J6*5CLR$&!D(,?D@X#H<8D\H+C6$[?1.49!"WJ@^L3M!7),]X8$=
M+$TYO[$U<G&>T"4I"G2?0PYB/0ZZ)RCR14@!T*Y9\/M/,]NYMG>^K2WGS$5[
M*J(TJ3G4H3K(!#3A:<!'*,V@11B`1#%:E05X]*,@#:E(/0H$W5S4H!K%Q$0/
M^A.,II0R)WWG2RVQ4LEA0@@,R*E.=\K3GN9T`9EPJ4EM)U25<A03"\`H`X**
MTDQ$@`A0C:I4ITI5J$K@&#'_;>1,*U'33"35H$O%1%$O\=2JFK6J5S5&5L^X
M54IT%:E*9:I,G7K6NDHUK8$D:E.-:E"OQE6L>R6K70>+5V*LM7YMG<1;+_'5
M=X;U$F.U1%D'>];"YN*PU$NL)!9KB<8V\K&6B&PE)DM9M&)5KW/EZSO]"E:Y
M:I6NI36K97&!V<AI-A*<K81GSPC:2HB6$J2-[5U/RXC?*O:HC/TK9`,K6>&:
M]A(VM)=V$I``Z:@J/+NK;OD28=S-(K>SR@TM<T?K7*K.5A+9,2;$@JDG)24`
M.NS=+B*ZB]OOZC:\OATO<,L[U?-.HI#C+!7PFF>(VBKNMI#(+25V6[_>4H*^
MD`AN_WG]&PEF#N*]H#/`D32)84`.0E6TPB@+K#<]@UJ/!QC=@?5$;+T<\%>J
M.*!5(PBI'!>"QUG!\]\Z"XS:UZJVD:QUK&O9"ML7$X'"C]@?BQ*07FVA4CZ'
M2H2!!X?@1RAX$@RFGH,G`>%'2-BY2)X$S0[88R+_^(Q!_NR0$5OD%X?9:&5F
M\YGKEV;>KCFS;>;OFU$Q9;Y5V1%7ED26([=E2739$5\6[IY/T>>Z_;D1@8[$
MH!57Z$@<NA&)CNVB3=%HMSV:$9&&Q*0'5VE(7)H1F2[MIMT59SS/F7IU;O"=
M;9OG"1-W$:=>1*@?,6J^E?H1N59$JBF[:E)TNFV?UK5]%_^,WP?K=Q+#)NRM
M%1'L1.S:$;VNVZ\=46U$1-NNQ0Y:<9_MW;["M;6`3:U@C7SD:7.7W/4U=W+1
MO5QU-Y?=X1;%L<V6;$5<NQ'9=MNV&]'M0WR[KOG6V+CMS=5E8[G97(9WA-G=
M;K6VFM:OCERLM3SK`]<:S.Z>K\2M['!!0]S0(T<TQ1,.BGV7K=_6+KFD3V[I
ME&-ZY2$_1,$-\6]&!+QM`U^XC]=M9);;3.AFOD3/%_%SLP4=US9'-<XMCG0Y
M*UWFHJ:YJ:.^B(-7-N>&V'DAEJZ(II?MZ=3FNK"GGM>JN_KJ\@8OO<7+\/WB
M&^R%$#LAR)X(LWL-[>^N.[39;MC_BWL\XY@[MY#3/?1[%UT3$,RN=5?T1^W6
MSNT8A_MJ%:]FQB?=\6Z&?"79^[WW:E+#\M6YVF,>]_O./;^"EX3792OZ`)LJ
M>(LL!(AGQ>+HE?B=)T[QB@TZXNBYF-TQGI4C(-AAU'.X`-^[/-1C'^_-SWOQ
M]6X\>>^>B4DQ1\<X5A3X4Q_VU2."[XCP>]<`+W+J3YS[F%@/DXGDY`9`F8I#
M-#R5-]IZ9K_>V>[G980G38:#>8>G>4#&>7;F>58'>GJ&=X2@=X.`?H>@?ES#
M?JH7@"H'?X5G@/N'>)ZC@++&@&_G@+9&==.G?6Z%=;RF=<!F?@8W@+2E?W[&
M?]8G=]A'_W<J.'@<>%DTZ&@VF(#7UWG9]WG;]W@HF'8:"&DLB&TNR&TP:`BS
M]UQMEX)&N(+]]W#_%W%+*'4].(,>6(,@N#HBR'$DF'DF"'))&'@[6&XWZ'HY
M"'MM&`E3:%X0.`@2*`@4:`@6N#486'Y=V'4RR$4_Z&E!B&9E2&@=]X%$%WIK
MV'YSF&!-"'!/2'!16`AUV%]W*`AY:`1[6`A]J#5_F'>72`B9.%R/F(&12')9
M:');B'*!N'9?2(AA"(1CF#N)2&F+*(:-^("I"(BK"&B3Z'.56(N&B`FG&%5&
MYPDNYS4P=W[#R'3%:(4->(2.6(5*&(Q,V(HS]XHU%XN)D(Q6M?^)1M")GT@(
MH9@UHQB!I3@(XEAQV,B&5WA<W)AUWKAUX.AM@V@+S=@USW@(YS@(Z5@$ZXB'
M[2@([[B,G="/7/.//!>-93>-V3B/LK>/H"!YY$>*^0B0$-EW$BF/U6AW2&@*
MIW<DTC>1(4F/;^A_<0B`VNB%(UD*!*9[@Y1%-GF36:0`.KF3/-F3/JF3-8"3
M0CF40UD#/WF41TF42DF4/X"43LF3/K"44GF33UF503F54QD$%;"57-F57OF5
M6]D#4SEFE=!AB)`>VY.6:KF6;-F6;GDK\A0)XU=1DQ%E='F7>)F7IA``?-F7
M?OF7@!F8@CF8?ZF7N4"8B)F8BNF7AHG_"XOYF)!9F(UI"XB9`1T``BH0`!D@
M`S*0`7WY`2#0`7SY`9W)EQVP`7R9`2#P`81Y"ZCD00>S+P02(W;9+!<$'OOR
M'$7R)#DS'_QC'GI41?JA2),0,OJ$'OED)^=AE^1!EH[PFB:R/[()F_1G3O8W
M"/BG"(2I`A[@`1IP`2>@`B#P`B?0ERL``C'0`1\0`R7P`@%0`AKP`C<0`"N@
M`8AI"P=0*@=@+V*D0!<B3N"W._XQ1@L5"0@P`0=P*:;30H*00'_D'_VA70Z4
MFX]``$+R)T@T(&04H:AT8_/Q+)20GT.PGPC@H.P!`0#JH:4R*93W"(2I`2O`
MERIP`1OP`2\`_P)]Z9D:T`$=8)\7\`$>L`$@<`(;`)ZL.9BVD"F4M$F%X%[0
MEP`#LBC<1`D/(!_,!$*7I#.&$CM$@BP8D$J.D$\Z(QT\="&+0B!FB:!QF0A*
MFCP>YJ09MF'-LCZ00)@7@*-\>0$RT`%!ZI?KJ9H^6J1"J@'M69^M60L0)'XE
M0PB0I$QVA"<$.@F)BD,Z1`B4]*B*4BD70E!#U#N/VJ1D>C"88@"$@D*22@AA
M1$."T*B8<GL)D"0$19@G$*094`(T^IXQVI<[&@`;X`$?<`$9L*,G4`(K4`(W
M$`.'2@MTBB"P29R4M%X:1BQXTJ63T*CSP61C="=>1*WC,R`F$GV1\,JL>P1#
M#4`[LE.2SI>ECK"L*+JM@_"L)5EZ7F1AC4"8&7`"%W`!0=H!^IJ9?&FK%V"?
MMBH#`<"='I`!W)F>R:H*V?6J+D0`-#0H$_`L&`E"?8)+[S4)T`&Q&6LI@_``
M@\0<%DLDH>-".>2<C"!%#P"BN>=*642R3:1=^6*2DM"P1P*RA-0S%$.QU#5Y
MDY1%*&L(B?D!^+H"_AJ9BXD+0S`!FF0++S,MM;"QM%,+2]NT>ZF8&7"D2)NT
4N4"AJ@!]71NVI["U9'N?A1`(`#L_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>15
<FILENAME>u50917u5091713.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 u50917u5091713.gif
M1TE&.#EA(@&W`.9K`("`@,#`P/___YG('?EE$)FPU4!`0````/#P\-#0T,7J
M\F!@8'!P<*"@H)"0D.#@X%!04+"PL/[9Q/N,3%"^US`P,/RRB+/65F:(OS-@
MJLW8ZN;QQ__V\?J"/?W&IB`@(/N?:@\/#[^_OS\_/_RI>?EO'Q\?'W]_?_[C
MTU]?7_R\EZ^OKX^/C\_/S^_O[\!U/I^?G^II&R.COF]O;_W/M<YQ,D]/3S&?
MLDZ7F]QM)R\O+VJ.A+%Y2O[LXON56X"<RDUTM=GB[_IX+H>&;=_?WUE^NGB*
M>%R3CZ-^58VFS]3O]<F6%K&O&7.2Q>;L]>SUU;/$W_'Z_.%]$\#.Y?/V^A`0
M$)6"8=IU.[>I&,ZSH]/EYNR&2-^PD,^.7Y_!',;@@.[`HNUQ$7]V<<*YIY6Z
MPD!JK]M_2C^;IV6*DL^0%16HRO___P``````````````````````````````
M`````````````````````````````````````````````````"'Y!`$``&L`
M+``````B`;<```?_@&N"@X2%AH>(B8J+C(V.CY"1DI.4E9:7F)F:FYR=GI^@
MH:*CI*6FIZBIC1H9K:V$&*UE/U2#K(*NN1BJO+V^OZ>L&L,:L#\:4T"[@K=K
MQ$7'&D'`U-76UX[-AA@%@@49MN"PW=CEYN?`VH7<@DW+SN*#[.CT]?:?K!CZ
M[VL8RD!`:C&+)VC>O8,($V;+4*`AN8+<"F`HXF3@NH<*,VI4J&[<(&@6/6X<
M29)>1WD/BS0)B;*DRY?56#DL4!%BPUA36!;$"+.G3U)!]NF;)BC)OB3%!`4M
ME`3*SZ=0HTJ=2K6JU:M8LVK=RK6KUZ]@PXH=&Q;*S+-HTZI=R[:MV[=P_^/*
MG4NWKMV[>//234JVK]^_@*5&44"X\(;#B)\$%MM#@N/''$@J4$.Y\H#+F"\<
M0A`@P(,U#P(D$)0@=.?1D$:CCH1@]6).%@C(GBV!=&=!G1&L0?`@06?/D1Y\
M=ETH0"+>B297IHPY\Z$`"X`#<`"@P1H#H2N(%A2!$6<#UP/HAF2`^.M,L6?+
MKAW>^!KMX`,`\*W],Z0%"Q!8/[2@.R+YR2W'7',#:&8(@((`$(`#UH%W'2$-
M/-```/8%T$`#%H(6`'@&>);`?!8Z@``"\PU"8@0!?%`A`+P9%V$$#L@WF@/^
MG9=(>NJQYZ`@!B`0'P`\FDCC;B4*TH`#A.`'9/\A#CCPP`?NP0A:B?(]4.*0
M@BBW'($%/F>`@FL`@%]W#NX8'@,(0)!@!`RPZ1L`'`(0P0)K+-`FC`RNEE^,
M#CY@P)P`=@@!='5"9YZ-A.!(&X\`+/D!`&HBN.,#"%2P1IZ#),"`>[A%X-I\
M'^[8X1H)^+B&?/`EL,!J6EI&H('%+1FF>!P&.4B'0#JHX*Z=P7E==0RLP4!T
M\I&(I"!J1M!`GX/V&AZ%P3*0P)R(WJC>>K8&N:FD@SS`@*7&#H(?IV$R4&2=
M(RZP8P`0(`#CCQU&X"Z=@BA!P;WX7J#OOE\<HBJ8#0P[6K#"$B*M=00WD(#"
M"B\<+</5-8QA=9F:6W#_@M,)Z\#!:TP88:/5(N+!!"27C((@YBX)`0#!+HRR
MB0QL2S'&QW:L'YHPHTEPN:V)V5L#;#)@I:PA%VWTT4@GK?323#?M]--01RWU
MU%17;?756&>M]=9<=^WUUV"'+?;89)=M]MEHIZWVVFRW[?;;<,<M=]?+^C>G
M;@CT-[=8!$?P)<K!>NK=&A^0NL`#:D+PP*I[@^6@=1#X%L'D1"L2@*5@UHI@
MXUV9*6V:$.3G2`,5D&B<YI4/X@"QO[7N^NNPQR[[[+37;OOMN.>N^^Z\]^[[
M;\L>LF.:@P0`XWB*Z*;@\;7*B0C(G+^TH?"#1"X(`@S0N',BRQ(,J6HK)P)]
M__0E36^(@PY484"TK1FPWR?CDS^2^=?$+[]&]%MC__T*Y5_-_OQ#B/^H`<``
MWF.`P"B@`>N!P%\H<('H:*`O'@A!<TBP%Q2L(#8NR(L,:M`:'%2%!S](C1"F
M8H0D_(4)48'"7^3->@GXF^H:M\)3M-`7"<BAFG03G029*6XU-,4-7:@FT%3@
M,Q'PU=Z"6(HA3M`]&_+,HU2TQ!\2,'7H2$`1=5.LSI2NBN5PHBH0\($*E">&
MA[L5#:V80"RF<(-L=*`;WPC".$YPCG0LH1TQB,<\JG"/EH!3=[0HNF7948RH
M$)`B%ZD&!;QM@'X;9'G"%(D&5&H-\FK2K!2!R%,P\O^3E'&DV_RGQ36T*UI.
MFL2.I.0S\?6Q&J#\I"C;1DHU16=93MQ<NS34H^=]J5'`#*8PATG,8AKSF,*,
M)2/1@,QF.O.9T(RF-*=)S6FJRQ!PJL)XI%4C1_AH/)K<C;`.%:974D.9BYPE
MVQ`8,$$XX%_D1`0$/N"^!!S``."!P/I<>0]T*E*=:X,DP1*`)`;LDA2=-(4_
M!010M3$1H>8$QD*7T]"T/704"2W%1"M34;1=5!09)<5&0_E(0(HPHK\8:2-+
M&D:4^D*E'3W;1T,1TE'`E*78J*DH;CI*DY[0I0\RDJP^!`J>TM*G+`2J@Q+P
MQ=U4`*B/,.HZD6I#I2*+`?O_@<"$BCK2F)IMIJ"XH8.@M(`CE;%PGY!J0*DJ
M1*M>!P'AW%PGU.I0MC81J`,-'VG>-]>NXK1^4%4%72UJ5X@"@P..48$%2%`R
MDI'``D,X`@XFZM6R@15^@;5$#VA@`1\(X5J@#6T.>&"$&\2RLF2[K"=TF@@4
M>("Q)0BM;(1`,@O8=K$DJT%H7[`#&3`2M6-3;2=8*PC$J@`$$Y!M!WQ@`<=$
M1A&4D0$.C,"#&,PF!DCP+4/_JK_,"D("G+4MR6(;V@F0P`/L@<0B=\"#ZQIA
MNSUM:2,8:039RJ8$$[``#4YFB4_>8`BSJ<%D21K?G)J3D4>030U>\`(K#&$'
M.)`!_R=B>8,7S,8*!#YJ*!3&(_?M1F_/._!()ZQ,'.1`P6<`KM@0B")231*J
M8`JJ*1='3@^JE,3*E`$29!,#,'`7-U]$I7T@$>,/[.='(9[OB#<QT2-8EP`D
M*#`A*B"OCOUR$C%>4*Y.Y48X.5.EU2SF1F^@6P)<00QA3K.:U\SF-AOSFH1@
M*@`^L,UI20),>%,3>)QW"!LO61,CE4$79-.!YQ*V$)H2EG'>N8!S.0)@^@3?
M'/V\41Q3-CV%KJLA&+!/@@KKH!@5<:69[%</$-K07RULJ)4\:D#[=0VF)D`)
M^)MJ^3+BQJ3>Z"QC/6N9JAJDHIZHI1>J3E[3.KB_IFFP%_\Z;'\"U-B63798
ME^W/9J.SH;'.-+)MO0A<NUK7A\@VJK\F7$Y06MBYIJS(3KUB:6.6U>C^MKK7
M38`.M)O;T/US)@8[B/2`(&SEWL2YF9UN8B\"!++Y-[G=O5IJH]/:RD0MP@F@
M\*X%7!,#KW;!G=V(B5=\:Q?/1,8?OO%K.\+C%F?X<!VN3(B?]A$H![G*S<WR
M6+H<E"H6A`]DHP*9XSL1WM[WJQW!@0[(Q@-:"SDF1M[RDD<\$D4_>M:4?@FF
MV]SI+X>ZT0F`=',(A\O>U>//$1%T3/![$5'G^B%,4SQ4:"=,,2()U0-9<U#>
M7):42'O7"2$F(%6*TZ98P*#@7K[_F0N\[I^\^V\KD?:/;_)4P3*\(AJ`'^O(
M1_*IF#LAAL8B^4P:\8Q4?#HMT7@([9-P3RW%A&3X>/Q9\4AX8U''*L&9"!1N
M.N0JA-7MCG6<7Z+T!B.HB##/2>.LC/BG&*"%U+2I-N5>$@PB/#]OK6^S#]T2
M$Y]`9/@TKPA8RA24VLWS58]/$_'U$0@L9:-BAHDO7EY\K)N=2G_W.I62@?Z_
M,<-LL\!I#,D'`BB"?P(X@+2S`#'R&Q40?[CC`&Q4`013)4,V"6S"=^-73O!&
M</)F<)J@`K/1<U_12L*22W'T?<:#'Q$8"=B!+$K49Z"W2*+W3YP@`>3E`^.6
M%:'1(]X'_V>1,$#F0B?84R=I1`G(PQF<U(**](+PM0D<D%RRYH%;H1O2$AJK
M,PD#U!J"$'[(<5<7J'$9R'&>@",=D%Y8H4\[(U?HAWQTMX4DUX4F]PD]L'.R
M,0%B&#*:1PF[EWB]AW>:H`2%41AC<&*$Y@%:T(=1<!YUB&5&*"!(2%&;0`&,
MM`.`2`#8=0095A*-P5F,13*S86^4<(AWEHC+L8@<U8B@A`,6IAX\P`7'9@^7
M*%X3\%GV)1MAL"^T>`&*L0B>&`EW&'IYN'B:X(@4-@1EIA[Y10-SV`N)A5M,
M&(NR(052D`9+L`18P`1,X`5<<AD;P`BY2&2@6!FB6(F7`(SH=/\#[/5DH-4!
MYF5;C[&.[-B.[LB.BG5;%E`RS$B,$P`"%J`"CG$!U]B/F)&-N(B&E;"++MB+
MH_>+7>5:(+!U]=B0#EF/^)5?%H!>JT@(_.B/_0B0EB.0=MB-E/&-*X60X$8(
MB"4!RLB0#UF/.<!@6^!8MH5>$E"#C'"1&,DE&ID(V_@(!'F$!@F#(CEOF2".
M&I@)-%F3S7&3_\&1B*B&3<>&3_>30XD)0NF%1&F4-JF-2OF)3'EU3IEU07E]
MX0B6EE"45CD`2.DE8W<(97<)9R<)4]F&7SF255F6_XB5:6D(:]E?8ED);_F4
M<0F4F$"65GF6!Y*5NNB1:@"2.<<(?>G_E5*YEY0@F$9)F,5AF-RXE;S7E;X'
ME53YF'(9F'19EP%YEX60EY70EI'0F)OYEU%Y"9)9DY1)"#GY:(BIF*3XF6&)
MFV,9FMAHEP:&F7BHF7K(FIV9FX#IFKQIEKX)6,#)B\+IB\0)EYYYG+O)F[%9
M/):ID[79DTDXG:UI":HYG*!IG<MY"A$R?=U6?6P)F9,0GM#IG<59G:%YG;AA
M1?H1>[IQ?I6`58J39-37:D*GFWS)GFY)H)'PFAA)GZ=B11T"'LW78ID`'E+"
M@LU9D,]YD-'IE_`IG<A)GJ,99]'R(2RS/9>`9(?@``>0HBJZHBS:HB[ZHC`:
MHS(ZHS1:HS9Z_Z,XFJ,ZNJ,\NJ(_!"!@`H&:`!X7XD<OL3AU\ADE&(27$#"@
M9J0DT8.[$2PFJ`DG"*4D81]8>*58VJ5L(P!@&J9B.J9D6J9F>J9AZJ7V@*9L
MVJ9N"J9J6@]O.J=TFJ9QB@YHR@(CD`(B(`!Z>@)AZ@(I,`(K(`"":@,N(``K
M,`(P`*8K8`-H>A#8\S=I(CJD$3IX`V)W8V6%-:E$4S.$E*EV4TCE!WT&8*G;
M$ZH?-JKCX3*FFA\OM!JJFC?^H2JH02*+<*8Z8`(GD`('L`(BL`('T`)@*@(P
M<`(A(``I,`,S8`-$$`(B$`(MX`(AP`*1:@^5,AH1L$-;Q1UPA22*L_\JJH(X
MK?<(V8I)1;2"F02N-#:N:A)C*"A)NF$FZSICXGHX._0!\90(?^)BHE%*WJI)
MX3H:EO)]'J8(9@H#!T`$8)H")B``-C`"8[H"#PNMT:JG`C`"+'`"!\`"B6JF
M]Q!]@K`J>7-^4O(CF1,F3.H((ELGT[*"W($D*'LZ*LNEBJ`J@W`D,C8()PMV
M-&N`-IL(.&LD2$(\A-"S\@&D%L(X"%NF+'``88JLRJH#'PNFC"H`!R`"(G``
M)R"Q(W`".F`#.@"H(&L/\*H@B%,SR#*O/OL@-X@\C7"V#3!%$;A+,^NV&P*W
MVB@K@6((=MNVX/$H;X=^?`LD\+JV#Y*TALO_+@:%1V;ZK'RZ`B$P`],ZK&'*
M`B8@`B[`J#`P`B+PL)D;`BO0K&=Z#^2Z&[VTL^&T9Y,S?.(D+9!PNM_D1<BS
MNF'2NJ8"A?LJ/./1GS]DNW+"/`^21"C8N[U11*IS+*Q+/#W2+J:2"&<J`CJ0
MHH!J`@<P`V'ZK"DJ`BU@`M(J`#-P`"D@`#`0`B9`K&5K#X94`:-A`(-'&O<$
M'EJT)-]C2J<'">N[&CMB3^4WOPEB/60H"3%D`!5P9'$6OZ2B5_6[+$_:"`-<
MP&1D1JC!O_*K5Y1G'0.\KVQ*L2%`MG7ZI@A!(@:@MJ<@PB1LGD^EMZ9`.K(7
?"FZ*OA\,P@H1M*5`$,.D8,.C@,.7$,,\7+J5$`@`.S\_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>16
<FILENAME>u50917u5091714.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 u50917u5091714.gif
M1TE&.#EA(0&V`-4^`,#`P/___P```)FPU8K4Y5"^UT!`0,7J\H"`@/#P\-#0
MT.;QQU!04&!@8.#@X*"@H+"PL'!P<)"0D#`P,#-@JLW8ZC\_/T!JKT]/3R`@
M(-GB[W]_?P\/#V:(O_/V^L_/SQ`0$*^OK^;L]9^?GS^NQVJTQ%E^NM_?W\#.
MY6]O;U]?7R\O+Z:ZVK/$WX^/CXVFSQ\?'[^_OX"<RDUTM>_O[[;"EY6ZPG.2
MQ?'Z_./T^:C?Z]3O]9G('16HRO___P```"'Y!`$``#X`+``````A`;8```;_
M0)]P2"P:C\BD<LEL.I_0J'1*K5JOV*QVR^UZO^"P>$PNF\_H]/)UH=Q$S(Y&
M3:_;[WCA8(:JR"I,%(!YA(6&AU(=`T,>@8.(D)&2A`,7<T8:`RU%@D(H`X\^
M(BPHDZ:GJ%<>)A0#C4,:%QT7,D2=,K(7BSX>%R8SNZG"P\1&`Q0FKSX:C2@4
MMA45%'`:S\L4<\K%V]RFL<%"+1W60H*5'>B=/C(4+-WO\(5P0B\=0R(SI.0^
M@BPS2"ATQ1M($,V-3:M>#!E@PH<S:"(H*/3@;MFF>@4S:OS"H@TR9=),C+-7
M#E`+CPV7M;D0:J/+EU0J7"(B@AH2#Q7F#:F@#:;/_Y]`@PH=2K2HT:-(DRI=
MRK2ITZ=0HRIM,:"JU:M8LVK=RK6KUZ]@PXH=2[:LV;-HTZK]*K6MV[=PX\J=
M2[>NW;MX\^K=:T1!`B8`$``PD$!!%`D1^"I^XE>!7R$)'!@V["/PX,*5'?AP
M_%>!YB&<)WRNG"#RYLV&`6B6O!BOX`R#A0!@@*`!@@<^#`@V$!@!A`@.8!M0
MT`"W$`@2)#P0+80!@`:!<_O(\,#`;P<&)+2^NUMZ9<'@<^\.S*"R!`/2(VAO
MWAR]D`D(PJ-'7QZ`\@;;[79W;UG^^-L1-)#`?`H@4)X0Q#6@@'L^(!!@`@R<
M)]T##T;`P&CY9:CAAAQVZ/_AAR"&*.*())9HXHDHIJCBBBRVZ.*+,,8HXXPT
MUFCCC3CFJ...=S$H!`@&X*8`;4(82!F/=OGH76X)^`8!`@,BV6,1(`@H76\`
M+&D$AE(ZI>1F^*&'I99%"`#`F6BFJ>::;+;IYIMPQBGGG'36:>>=>.:I9YY_
M(>&>`Y@1YP,#"2BH`'`''B%`EU$EUJ`$LUE9*`3'68G$HG@YD.40#@A&1):]
M"76D;'VBJ5EI7@#0)Q68WA4=IX-1!@%Z"$`JE(^!,1=?!HXQP,"HA+0Z#*X&
M$`H9?ILERL6K1/P*)JWKB?'`D84Z6ZBE$&SJQ9<1;(J=#PTXX`"RA@@K#+>;
M-H#_7@(3`*L%LT(\D`&@UDV00&!?=N$I@KT.ZEAB`-@+AI(/@-#G;=[E>X>Y
MJ2@)0`9_^8:>!!&NN@6\QR'0*0+S%JGM%_L.`:&_WTX`@<5<?)G<>\V5IFRP
MVR@Y[K1`@K`@<N1>C(`0`@(0H+;T(:#P%B%[G.P$$2@`'\1?N"?DD[@]L+,/
M3T9`Z2$,H^*>88`B-P1ZAKZ<A6D^`+>9Q8;=2T;10XIL@&2)=?N%<;\F8"MI
M0YP)2=:G.#J<`[2MFMBU*'=1N!J>1O!``AE,,)R_0D1@@*-AN)L*WZE<_10$
MEH_!P^>@AR[ZZ*`O`',J.!R@^NJLM^[ZZAV2+OOLIN>!_SD1TQ;A:`(6&B8Y
MY5P<T,/PQ!=O_/'$:U$`\LPS3X!&LT<O>NUXW#Y$T=XIU_;06`C?_/?%*P_^
M^,]G)/WY/%"_<!/8NP=!`Q+LG-WAW8\_OOCV-U]^0>A+K[X=UC,:$9SF*THI
M``)BRX+W\L<\_#'P>/NSP@$(0,$*6O""&*2@#K30O^C]KPX!;-#'$E8:P@B!
M>U58X`.-Y\`5$B^"52"`"XU7``YV4'8?I$,(/?6^$R+(`+P94I"^H,(9]J"%
M,X0A%61HQ.'5,`LWQ.'IG.``XZBAB#-$H@N5.`4F-O&)6(@BZ7*HAA`2`HLN
MU.(*N2@%+QH1C%<0X^C(F`8SYO\!C2M4XP/9&`4WSA".5I#C]*9X"CP^4(\,
MY",4_.A"0%9!D*&C(QKLB`=#,A"1^5/D$QBY0D=2`9*E(R02<O"Z4I9R!PIL
M8O*RL#Q5:M()G'R@)Z<`RL])\@P!C"4#9QD%2^8/D_9[91-TF3]>1J&6Z1/E
M$8AI/V,^P9?V`R;YLL#,\3GS"<B\I1ERJ<H>7+,)T+P?*[LI3"94$WS?;$(V
ME6F$<WXOG4L()_BD";YR+L&=S8/G$M9I.W-V4Y])D.?WZ/D]>RH!G\P#:!+X
M63U_JE*A1Q!H\PBJ/VK^TX:@U&89N/G05':3HLZS:$>A6$N-DH&C7_2H*D&*
M/(,F`:'_R(/H$1BZOGM>M'X?':<K19I2DF:4G46`Z?%D6@2)-E"G370I$H1*
M0XQ"TJ1(<-=H,,2E,CFTIU<P*O)8"D&>OM&I@H3J$7P$H>+XX`$-(%19K6@$
ME'X5IRM%JA&5NLR;AK&D5O#1`W`SG[/NE:])<.L?5=I$KAJ/KNVT:QSQ6@4?
M>:JO8QJ:F>!4@FZ28$]HLD$W>X!9-)&@FR7H+``JJ\K+BA:9-8@3_;0D`4KU
M%3FM)1,1)OLFTC;1M)C5;#=%"X#/JC*TG;6M$7&+6=2J-@G\$5=QXH9`Y5(H
ML%=]:U8W:]CB(3:HB@TD8ZE@G)55<0@/^,QWH6O3D4XWIUAH_V52O3I8GSXU
M"YU[@F`;25@C5O>%[*6O>\,*5"(PM7A$)8)6CW??X5W7O]E]Y'9K>M`$3V'`
M+)1K$O/;2;#*4:QAF&^%X5I8"6^1PK*TL!@Q#`8-AYC#]O7P&D&\2Q%'D<1?
M,'&+49Q%%>^1Q<5T\0UA[`49YYC&:;1Q(G'<3!UWD,==\'&1@9Q'(6>2R-8T
M<O^0S`4E1YG)AW1R,*&,3BFCC\I;L'*7L7Q)+4\3"_\E7H")0%,`1K>]YXUK
M>LG)Y7=Z^7Q@UH*8[4SF7YJYGG7.YYW]U]\AI-F)]:WQG'>*9@?3<L%N+B]6
M)4C=/Q<TT`D=M`<++81#>S/105[T>O\;;=[%_K2?DI8NI=%[!?7.%=,QU33M
M..T#3Z]9"!`.GZ4K2NI):_?4#4TUG%<MYU;3N=>J_O5[4=W@4J>PTJ)^-;*'
MK6S^,ONECNXEM(W-Z"O86M92O/92LPV%7*\RVA.>MG[O"FP&8]O95##W\`K<
M@P,;FMQ0:#,(W[QN8G<8W1]6]X;9O>Q@-]O7\=ZV%5R=;F_C&YN0WK>P^_UL
M5B_\V`Z']R<CKD-^#]S?*0;XB@5^8H);V^#O1OB#%5X%A@<\XRI_=+LC??!D
M)]SB+<>X%;Z]WPO3FN=Q_C>W1PUSFV]\YA*O.;5O7NR+=WOG#W>"OCL^\8]7
MO.DY?WH,HZ[_3HY7(3Z;"J\0QGLICY<<Y(H>NK2+OO2C%SP+$U!-V1YP(<`]
MM^Q5/_O5A>YTHD-=XS)_.Q:8(QW8NI:\2J<XT_F>=;]O'?!2F/K7&7#XR`8V
M3L*=(7'UI%M5\M:W300N9C/OPLWKR;AP6JV?)O17V0YASX+N<S1W'5*2S]CD
M/M="_"A_5@N5I@%FQ7OBK;[XD*N]X7^/>>2]3@7/<(H(59VMV6^/]E`?_^7)
M-WK@3^[N<4.^W"RG@LM'SG;%NYW[-$^Y]K6-<_'K_/'*/R;S)SG]'P?=^'U?
M>_;;OOW<H]S[\?=,X3<%XW=CMF=_IB9X2:=^_,=^6.=^6K=$7,<$_Y)71_6W
M9/>7=OF'?/"W?O*'=%0W?'I7?!K8>/K7@0WX@0H8@@QH?E(@;T=$>RT%:T,%
M;F/T<Q.H!#!(;_;6:3FH!!5(?WE'?7N'?R;(@1+X??DV?[AT@5>6@=:W@=B'
M@BZX?"!81DXX9E#89")G@.5'?.?G?]U75TKH!#LH@UUU@!B8@.BW@`#H@0+8
M?@3X?DD8@!!WA18XA`A8A"4(@8Y7AW!XARN(A7JXAGP8A4<XA8"8@DN(AT(H
M@D1(@HCHAR>XB%6H@FW(@F_(B&8X@%)0@$.FAD_(AF*8?IMXB7'X@',8@5WT
M@PO%A-N4A7RVA5G6A:'XA2,8AB.&@V4(3O^>&`6@^&2BJ(6DN(OB1H9VZ(MR
M^(ETV(J]V'6.V(2%.(J'R(771W[[AXJ"F(F$"(E[*(G6*(782(5@V'_&^'_(
M&(C*J(K,R(IMY(I($(32Z(V&"(ZU>(U>F(WE:(6#F(?T2(WV6&:V*(RX&(FZ
M^&*\F(Q,<(8#N67#.(O%B)#'F%C/&$^_"`7!Z)`%^8T'N6,)J8X+>9%/D)%G
MMI'UV)%']I&<N(Z,1XE(Z(P*28&PF`7OLUJPEVFR)TX-69+ZF(OF*)%B0!R`
M@W@MN(_@MXS`V(SO6)'[-)-7\%A$>8I&F8HMN8I_"),@*9/1F`50B00@(`!@
M&99B.99D699F>9;_:)F6:KF6;-F6;OF6<!F7<CF7<IDS4X`<4<(H&6(D>MF7
M?OF7@!F81Q$`A%F8AGF8B)F8BKF8@ID1B_F8D!F9A=F8!2&9EGF9DTF9`Z&8
M-)`"%I`")Q``*F`!(5"8'X`!&/`!`7":&T"8&Y":A)D"K9F8>3`N0)0EZF)%
ML\(<0S(U?(D`CE,%O,,`V3$$RL(`\.$#A'-69O4PCT,%%#,Y?>)80!0O9K6<
M9:,Y4F";O($=)C,$NZD9O5DDSG)64^,$B7D"'&`!&V`!''`"(;`!'%"8(Q`"
MJ!D`'#`"%N`"+F`!(S"?(?">BID'S`$AI\(@AO$D3.(D4$(K(Q0%#7`U_U;C
M`Q(``D1@&!-0-F<2`5%"&!@3!7?W&SX$&AK:H;RSH11JEU%0H,Y10B2JH(3!
MH%&B-*IG!(FI`BM0F"N@`A^0GX>9`BGP`0(0`*^)`:TI`!\``QR@`@-Z!SX#
MGCM#)+@#6)8'G-JYHF[C,U_25[D1'8+Q,.<I!2;$,K(5+EX:&]*1`=CS!$^:
M,3XP+D6P5U<"=M+!`(H#!8F)`3E*F#O:F7M*F"<``S0@I$1J`48:``(P`@(0
M`C`P`K1Y!X<"GMH!`1GJ-CYD><T1?4W`(!!2,VRE'`ESID(`JE-@+".J)()R
MIN[!&\Y!>%$0J<>A'1="!'DI)G2*'K`1?$V0F/\Q(``J$`,J(``N$)\P8)@K
MP)[XJ9_\Z9_ON:B-^JAWX"S8@1D^`ATM8RB(<AJS.@4(4RB;XB-M0Z$0\`#:
M@1X9:ABD*@7/,:I30U9C:J[B2JY#69Y2(*V$(35%8*V#4BC_,I2$L3+HR:L6
M(``<$`,G@)JJ29@A8`$,NYH8D`*N:0&JN;"SB9AY4"@"T"X4ZAR@`43K$J&5
M\A>2<Z51@``@``*:`SR2,T3Q@2`*<E:Z8040D`$"<)[`4QV3`R:4T;)48QW"
MV0`9ZQ?$^9P+4IV3$K+)$J9,\)@Q@`$<4)J8:9F%`#B64@?#&5]F0#%L10=4
66Z-<$+5@^YB:N9EA6[8%AYD$00``.S\_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>17
<FILENAME>u50917u5091715.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 u50917u5091715.gif
M1TE&.#EA(@&U`.9V`/___P```)FPU4!`0/EE$(K4Y5"^UX"`@/#P\,7J\M#0
MT&!@8'!P<*"@H.#@X)"0D,SDCK"PL%!04+/65C`P,#-@JORRB/N,3,W8ZF:(
MO_[9Q,!U/O_V\2`@($Z7FX>&;?R\E_EO'_J"/>_O[_[LXOW/M;^_O_N?:ORI
M>1\?'Q`0$)6"80\/#\_/SVJTQ#\_/S^NQV]O;_W&ID]/3U]?7Y^?GW]_?[/$
MWZ^OK_IX+LYQ,FJ.A%R3C_N56_[CTY6ZPD!JKS&?LN;L]7C`2".COH^/C]_?
MWS^;IR\O+Z-^5?/V^MQM)^II&WB*>+%Y2J+%14UTM<F6%JS$;N%]$]GB[[&O
M&;>I&*:ZVHVFS\Y[0JNU&H"<REE^NM+(N=6*%-GKJXG`QL#.Y:6DDJ.'9,*O
MF*:XKY_!'*C?Z^/T^<36U-3O]9K0=N;QQ\.<%[S@I-VJ4.UQ$?'Z_*21<\#`
MP)G('16HRO___P```````````````````````````````````"'Y!`$``'8`
M+``````B`;4```?_@':"@X2%AH>(B8J+C(V.CY"1DI.4E9:7F)F:FYR=GI^@
MH:*CI*6FIZBIC@*LK$*#-ZQ7KX-"`H*MN3>JO+V^OZ@57!G$5(,94!E<%;N"
M&!6"Q!E`R1E8P-C9VMN/%1B'&;=V6T"#SX7AW.KK[-G>X.("Y<[0A.GM^/GZ
MH!57&/]*CFW!<`-(,SOG[(G;Q["APVX5(KZ+)A%*&'/UCBU\R+$CQXGHQ&$P
M2"^DQY,H]8%4>"Q#298I8\IT]\W0O9'7$&:,MG&FSY^E)$9<F$%HAH`Z30)=
MRO33OZ>T[%!YBE20DIJ#J$1MRK6KUZ]@PXH=2[:LV;-HTZK]%"N7V[=P_^/*
MG4NWKMV[>//JW<NWK]^_@/5B74NXL.'#B!,K]FJ@L>,U$R)+'H1@SAP'=AS,
M42!(@6;+G"$Y0!!:TIS%I&1<6,W:1V?+@BPCL(/@L^Q("F:7-G0:T6A%=8(+
M'T*GN/%!<Q9<MG/@P8$&=@9HIK`Y]FQ%E0_,&3#G^J,%$5"/LD"@O'D-@KCW
MIC[`SASM#Y1[;Z3@`(/JA\`GT@Y<>'#BQA6'W`&#P`==>]$18ED#!V#F7@,-
MS`&=9MIQYT!]GC$XV@&E(7!`!`YTT-M[M9T&70,/U!?>`^&)]PAYYI6'7H*#
M#(!`>^^Y1Z`@"+!(&X>#H#B(`PLP\(`A#SP08O]O$1SI`)#:/<F9CX/X]U^`
M`L8V`'\'+*`?@@@*<H!]"$@@9@0,H*G`>Q5^N(`=X#%0Y@,-E+9`C]L)XL``
M$2A'8'L=[-EC?+NYN`B,,<ZXY8X='&!FCCGJB0`%=M!9F@+W$9*B@V(J4%^8
MW-F16WO:L:?``KM960>``0Y88'?M@4G(F'^*^=ZM;&[W'`-V,,!@=!X>*8B9
M$32`H`,26)9CK'80R^*;AC:"Z'GI$=+>?9#NF!D#E`8[B)>]9=:`EX3<B<`"
M8<XA`0)-DKK='!&P"ZT@JK)Z7&<+\-<``ZCV*@BO04+HKQUU%NPIA)@6_)P"
MT-WWW""8$@@P<\WU^@#_K[Q&_*2VT2HRK8S_CCFL?:)"QS!E#&#[L)@5"W*D
MR"C+.3&9]2W@0)UH,K`Q(07T[+,;$`0M=,=F:6#!T4B30/323#?M]--01RWU
MU%17;?756&>M]=9<=^WUUV"'+?;89)=M]MEHIZWVVFRW[?;;<,<M]V'0Q?;`
M;&S.S36"??;)W`/AZHTU@A\FV++@61]+P0`=Z!@FXE8_[MRK:T>P);ZAP5QU
MF/&-_+C3!_"9W@`GKGLS(]!)P!FEE-(I9-4=4A;XTPU,6NV_'D[,"`-K$ECA
M[8?,!_E/PM<H2`=U,S!`IHV4J2-S>=)HB`+4*6O]]=AGK_WVW'?O_??@AR_^
M__CDEV_^^=>K<$BD<TS^8P2%(J(Z;6;:R/L<NBOX^?`S!6#(C;,)H)EZ]9YY
M)>(!*E@>P18`G7/="1'1X]]/_%<("72`=`V0P``X$Z$RY8\3$42-`51%0BL5
MP%`4W$8(%S/"$KKPA"Y*H396J)@6NI"$,!2/#+-!P\38\(8F1*$Z>HB8'P)1
M.#E$S0ZQ0<3#&/&(=4CB8I8(C"8:YHE'E*)BJ/@+*Q8&BT#48F*XZ`LO$@:,
M-Q0C8LC8"S.N!8TO]$3=\B:J!G6$C;QPHUK@6$(U6H)P@,L,GRC%$3RJ0H]I
MX2,./0'(SJQK?_LP9"H0B19%JLJ/E4#0>]HS*0IPK/\ADD0%);$1FLITQSV6
MX10G+!G$3CQ..X6#I#Y">8I1`D.36\+,F#H0OTRPTC^8I`2")!`Z42UO@`^A
MI2EL^0M-<FQ/H/@E$CU1RG"1QB/*C$2D>A4>!Q9/2P]!D`(&L"XQU<T3T@Q.
M,`FS1`EX4DSS4]Z:SJF(2'6.@/B#H"S;\;@F"8*0GTAG%(58B-79(0('N%&O
M$)`R1T2J4:>1U?KVR0X$14@Y!/OD*J'82ATBPET)RJ`=&P&I9%$`FM(KQ!RJ
MA[Z6C@]PEOF092+@4N[!@*/^<4%-=\K3GLZ!BG2"'HT4<#%Z)B)'R&H648LE
M+-Y05!MJ2(!4ITK5JDXU#IO_$.@Z'U$`G$YSEM,;(*:22L!QT:=NEFN1YIRZ
M#X$F(*M>5><FNAK7K0)CB<HCW4$?V`#,^"H4S$R%6^%:U[G&=:!@Y49@43%8
M36C5L(658X?J5B=)9),4E.3/C38H*F*&HK&^/*Q=&T%7KXX6$OQ)SXY2"XG+
MCB*SX4(HL`H7T,.^U;&BA:QI/Y%:!L",M8]PK2A@JR?J)&B;G0`M)AZKB=+B
M]+2/X$\$*(`N6UEVB$\M1&I[]"8<:12W<;UM:".;">=R%+J.X(]F[@E<1P@7
ML-F=U6EJX[QU]:NVX27L;IN;6T^P-E+M;<1[04')RL+)9K313S1MJ]_GZM;!
MFF"#_]`F3.$*?T'`V&TK@\&[W_+V-Q,0P)*(1SP!#"LVOL!0[B68ZV'R8B+$
M(XYQ<4K,B`%_8K&G4+$E6(P)\T(1O8F`L8Q);&(5HO@7.JX$CR_AXRQN0LA#
MQA*-%V%C3^#8%$FFQ)(MT>0P/CG*1*YQAAEQ!I^9^<QH1D.#.2K>Y7ZXQV^^
M!)3!/.,BSS"^69Y$GB6QY4IT.8U?IG.`IJR(*B>B-GKJT#?!R8@]1\+1D.@S
M)?X<1TW,F<Z$3@05?X-*S%Q35"0ED`(DX-E1SV^BC8#T(U3M"$E/@M)]#+2@
MZRQF0Z06HG!*4XI"39MJV8Q(^DSUAL?KU3:O.,Y<1G8E+O\-YDPC@HJI#5.<
MFKJ(;2X+>"K%\[#=G%\.0[C%'7[QK(WC[$-`NS<#X"Q1Y>10;=FH60APWOI8
M:M/#_H"G-XWKO7>:;Z_J=*<N..R_:RJ%<1?G"=\[-V4&&($(2."#Z]M1RKJ#
MT#0%N]';/G:W0WN$'7S`"1O80(P(P(20.^$#'R##C.#L8CD;G`[E-H3":3HY
M#]6L$9KYT9@P`YN++X+5PMYX)4A0`@MD8>1(3[IY<M`#$*Q<$K!>I*5?'O-"
M4'$Y#@CJ06<#/_@&O=AKAJ*Q'\$!&9P@!TG?0!)0S@,/N-T#34!Y$D*N=!&@
MH`0<@$34+RGK65>=$(8&H;:%KG'_L$."!"`0`=)%,(8=',&T'#!:#T*P^+OG
M?1%[[ZBX#?[W001^$VX$.L8)GPC$*SY&%[#`C)9,=!2<'O4@<`TB,@_,O@NZ
M\X+XO"9"G_$=][X0)+``VLT3@A/@O1"NYD`)7#_RXLO@\H.@_5=!3'4[\W#P
MAB<V3L<N"-/'J/@E2(2K"4$"LU,^1B*(O2"D+]>I<][Z3,3^]L-^1&-[G_C&
M'WVX&^$#$%Q@Y#EP`F(0!"UG"<P69;AG![J7";Q'>DJV8?=7'N"W:LK6"&5W
M`N=G'DNP`CQ`!#]F>Y@&?U4D?VQ&?T"4!HDW<CWP?(]6@9#@`Q;P?R.G`Q_0
M@95&?>]7_VM&]G7SYVU`Q`,KL`0JR()ZYH)0YP$KH`-(MP0GQP,$.'V;-VX)
MN("8T(#9QVTE%`0[L`(B]WTG0(0/6(!^)AQ$P`-)H(1IMP)-4`8@V&PBV$4D
M*'8-%@0>\`%<R`1(IP,KT`4F"&C\I2I$4(=G6'<]8`$EH#24<(!#-H5C]G._
MYP@DH`&2"`(6(`<AAX9IN`-/R'U:9H21L'<==X=*=P$GH'K0QPB**&.,>&(\
M"$1TZ`%=((F2*`-(<S0HP!JLH72ZN`0;H(8>0$*<6(1B.&F'!0:2]WK-=P$H
MX'2G6`BI&&.KN(/ZYQ]$`'(;@(>ZF(W:2``Y<`%9L`(HYP&/5_]_?7B#++=_
M/E!T%S!\2!<"RLB,@_",849EC:@(6.0!VTA\N+@:M7@T)2"+3V<'HN>(P_AJ
MGJ@!('"+&9B,*/`&59"#]$@*63<BLZ,_K2@<<?<!._!VXQB,?/:(PKA_R5:0
MAQ!Y";F.2@<'4Q`%5J`%""B"RR$NG7$D[!()U'%2.=,B;#6-)>B#<NB33O:'
M(AD)&B`#"JET4^`%T"B"ZB4!^P(G39)0-EDFR!)OR)1M%TF.0`E$'MF")/F)
MG@@)$&`&51`%7C`%(_>0(A:-\E4IX=$>1?)7D:!!S))2"D)OV]-O.+5O-:67
M',67+N674#1P+A5P<468+55P6*(%5A#_!6T08PCG/0K''YPT5HL&01AS*@X`
M;*C&DS^I?3T)FA\HE-\6A7['E"9R("Z3'`;$"#=R`!1`&@MP:CM)D%=8>#TH
MFD$);J7I<A!9:(>@65YB,DI"+MI$&9=IA;F)A<N)F^?U8,_I?E(H@IR6&9TA
M*5[GF5JIFUQ9CK%&FM&)@].I@W>6E=VYE3?4E9$6EES%GHX@CVOYAF44A]O)
MG*%IGZ/)F^%IFK<GGVU$G^?)G>GIG5*GG_G)GR%(GM=GG@.*GBZDGA3XE7KG
MGHT`GU+FGWD$H`TJH`]*H'P'G@?JF^,9D=)HF\WI>P[8B1+:GBOZGM6GH/''
MH!WJH"4$H:U&_Z&,P'Z()9ZG":,C**,UZJ%68J-`6J#GV)L&^*(D6I[:&:#X
M69_.&:(C.92)J*3`R8I-NJ%/ZJ11NIM'NI\BVJ-+NJ!9.J,<&J0T:J1,AJ.+
M8*&#AJ&'I*%FNJ5:VJ5>!J)>&J;]Z:-P6*2J0J1EBJ9GJJ93BJ3+9J6:5H_B
M!Y(?F:(A::C$V*(5BJC/5DNQ49'((:>"2J=S:J=^:*!YFJ2_F:@J!3.[%B^6
M8#D'E3(ZB96!"HQ"ZA^`:J)@6JBU>JBC6JG:%4C/DG66<"KML2[R5IOVR*A>
M>9LH2J4&*:FH2*GF9FO"@B;&20DW,ET*99?(@9?:(YA'!)@MQ:U`Y/^MZ`.N
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MN'5+J&/(MH;@MDLK2DW[LS;KMZ-[LE\JI;@ZHE=:HEM[HEWKNFD[L5`GN&&;
MJ\^*I7$+I1+[L+N+NI&JMH_@N7N;H7T;'(!;ML:ZGIQ;"(0KG6*ZNDR:NUS:
MN[K[NK?ZN[(;"<([N3U;N:+;N*0+OJ8[M<#KHK9[M:FP5JXJO75*O=-KO;Y+
ML=DKEF(+>/^C'V4"'7>3":Y#;1;IO>%[N9:;N1_ZN':;MXL(?Q)`)/7!4/"B
M"1)%K&<+NX_*N_`;JIM;OI-ZOF-;"-XU3ORR"1%<"`Z@`@%PPBB<PBJ\PBS<
MPB[\PC`<PS(\PS1<_\,V?,,XG,,ZC,+JX\'/4RE$I0GW`W$2)!:D$A[KYD^8
MX$U%C!:C1B`,13"<U<147,56;,4`D,5:O,5<W,5>_,5@O,57O!1A7,9F?,9:
M/,9`@<9LW,9BK,8^$<8M0`,O4`0C8`0S,`,MH,4X\`(T,`(`T`(S$`,`,`(T
M,`.`#``S@`-AG`]$DFZG\0`*I"<#0`'=Y"6S,2[0,0<7!+.^@2ZA,BQ#4LF7
MS%<,Y!Z='`D,I4'"PEI[8LD)9LIU,VJ2L,H#<"3NI"VO7,J9?,J=U0A@C`,!
M0`,VD`)(8`0FD,=:'`,FD`)%```I4`-U3`,Q$`,S``#%G,A?G`\G13\.`O]0
MHZ%0V"(GL9(=D]#-5%DI/9P9\78MED'.P()<W]$B%N?*[8Q/\&PCD^+)B*!@
M:6)0DB+.[ZQ0^DP!_"P(8)P"-)#%1A``-=#,C+S%2%`#+1``V#P#+&`")L`"
M(\`"+V`"C=P.^20(LB7))-Q=Z9$CVL')WU5/$X-0^/,YP`8F*FT9C2()`*50
M[373*>T[[2,!^PL).3W"F8'2T5'3#P#4ESD(8,P"-J#%`5`$S5P#6]S,`&`"
M%FT#+Q``&AT`.,`",<#18(P/F#((_D0]JK3`-,(=/NTR1K4(94W2"#0`*D!/
M:DW3;5TI;[T(8>(\[777/0T]?')/C]#79J)U@P#_V$?MTX.-KX8`QF&-`R9`
M`RS`R-:LQ2.0`C:PQP%@!,3\`C4@S46`!",0`'N\S?@P/X+"&;P3)#O"(D+2
M'I0R)7NM"*K];BGU*VX9VW8PVWH="0]S+J<!7+H-VT<BVW#B*5?9",&M'+1,
M",7-5`E"*:CRW(H`QB,0U@&`!"U0`P&0`J<-`#%PPB\``#7``J3=`BG``BTP
M`EM-R&.-#^<2``;M'GK%(W3)&3!S*AQT.:J\`/1=&A-3)NFFWSO"WU+<THMP
M`"J@`BUB8/13X!2#.;&\U(C`X`[>*^E6-P3.6?O=+TR\"&5LR`'P`N'MQF>\
E#\CR0*JPXA8."JM\T)\0$^.D<,9WC.)M#,=QC.,\'M^2$`@`.S\_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>18
<FILENAME>u50917u5091716.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 u50917u5091716.gif
M1TE&.#EA(@&W`.9*`,#`P$!`0/___X"`@)FPU<7J\HK4Y?#P\.#@X`]^E]#0
MT%"^UZ"@H&!@8'!P<%!04)"0D+/65LSDCK"PL#`P,#-@JG*6%>;QQP```,W8
MZMGB[V:(OQ\?'W.2Q3\_/P\/#W]_?U]?7_/V^N_O[T]/3XVFS\_/S]_?WZ:Z
MVB`@(+^_O^;L]6]O;\#.Y9^?GQ`0$+/$WT!JKUE^NH^/CTUTM:^OKY6ZPI2O
MM8"<RF>>JVJTQ/'Z_$J4I'S.X>SUU:C?ZSN.H2\O+ZS$;IFK:X6@0*+%1?/X
MY#^NQYG('16HRO___P``````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M`````````````````````````````````````````````````"'Y!`$``$H`
M+``````B`;<```?_@$J"@X2%AH>(B8J+C(V.CY"1DI.4E9:7F)F:FYR=GI^@
MH9@K*`0:C1HKHJNLK:ZOL(L:,3(;%1F,&P2QO+V^O\")'3B"*Z>+NL'*R\S-
MF1T=B1K'@\F"&:J$QL[<W=Z^&14=(H8R%>*$R;/GNX(EYS3?\O/TG"TQ,3"$
M(KL:%=3):!#SEZU""R4HZBE<R+"1B`ZW#+6(*$B7OQ89,LA(J&0##5P-0XH4
MN2':H!8;*78D$(Z`2Y:"1+PK,;*F36X<E90PJ61%!7(J=8FHH"^F47_4;BI=
M"LLC@7<'!?E#@:("@6S)9A*0`3)&B1(QLC$=2Q:4"!0EHPY"T0%&"0+D_Y3`
M``FC9$X8T$"6W<NWK]^_@`,+'DRXL.'#B!,K7LRXL>/'AC.\G$RYLN7+F#-K
MWLRYL^?/H$.+'DVZM&G/:B&K7LVZM>O7L&/+GDV[MNU#!Q`HH*3@P.W?F0X`
M8#0!P(``PB,Q&.`;N'-*"`!`@#!<T'0%$!`H86`\0'0ET\%35S(!`J$)S`,,
M$'0`PH3M\!D4#Z^`^?/GQBDH"3"(P@'_#^S7G7$#*%"??OP%4)T2TAW0P`#5
M-<#``P@DN)\"#Q@X0(;:W0=<=_L-8F&"`P[0P`$.6@C``\W)I\0#$`K20'$5
MALC?B0XBT,""'MJF``,.*!&D($$6*>2/#OQX@/\##BPII!(#-#E(E#_NIH0"
M3"(P78!!+MDDD%;V*.:89)9IYIEHIJGFFFRVZ>:;<,8IYYQTUFGGG7CFJ>>>
M?/;IYY^`!BKHH*TI````NQW:88>$EKE<`.:E$..##31ZIG\A*J&C$@TP:FF/
M`%2Z7P"&KA?C(1,T]REM%`YR0(9%AED(I(?6:NNMN.:JZZZ\]NKKK\`&*^RP
MQ!9K[+'(/E(C>=*M]P``_"&BX*JTZ2:(E@RPQX"JADQ+K9K>?HMFN.*:26ZY
M9)Z+KICJKNMAN^X^!V^\P,U+[VWVWEM;OOK.QF^_L?T+\&L"#]Q:P0:OAG#"
MD"W,L&,./\Q8Q,LX$,#_D`>L=V4#LDJ\"<7*1"M(`-DJH9]^'G<"<C"0^L8`
MQPR:RF/*F*P,C`(3!/B``S`:!^7,-%MBLR_-\<?B`<@%B%S0F@S="X8D7QD`
MJ=M)R'330#."@'9:5M?@U64Y3,%P8U.`P`0SB@HV4PLW\*S)KR(PP'LBKZT4
MPB];_<#4FE(00`JA&)#$X(07;OCAA-O]"-['01BK=1I_(CCBE%.NN",.0XCT
M`)A"H+;DE8=N^.6-.(Q`<PMR"[KHK)/.B-.M3,YZZ*XO`CLKLL]N><H,\$W>
MB1MW3,CMJ^2N^^$TGZI`IP&>G`CQHAA_?.')=_JS@#)+F[4WTD\_.,W1(1>C
M_X+9'Q+`@P.DK_[Z[+?O_OOPQ]\^#]XC+O_]^.>O__[\]^____%[A&^25!ZD
MO6H_JA/1]KK1/>_1;&]#VM!N7E8R\RUP$/4[7`$RT<#IU4X1_,J@X3:(B0X>
M[Q,=4D"'DO.M$(J0<"2\A`EUYXG_@,<!8]N/Q5IX04&\$(8<_.'W.N$`P/G&
M9[ZIFRM4.(C>#**'$(.B$),00TO,<':=@$#OIE2=`\)B20%X3P,L=CH*[!`V
M+OQA%2MQQ=9Q8FHOR!8"`D0D*'X"/2&2#@""I$36I/&%:Z1$&T7WB6A1@#OD
M49"G6J&`%PSG8I!20@HH$#G7_%&$@9S$(&GGB6S5)_]]X$F?'3N!(4$`P&S3
M05K`I"C$3$IBDY4#S`'D4RD'90MM$T`9P5BIQB`*,3`,*!D+&02!!"J,EX#T
MY0\UT8,%./.9T(RF-)WY`UG.3#N&0I0W+IE!5T8"EKO#Q`*$:`#`+$>7R]G.
M<<S3#6[6SYN0`"?B-#'.'Y8S,"A3@'KZ8\R0(1.3RGPA/<F9B1T4X*`(3:A"
M%XK0'8"B`?QY%1X9]#EGN--[\'R$/)&7B7J^\)Z7*,`4,VJ)#/6.`H![T2*;
M<='ID;01&QU=1PF*"9&V\HXKZI#/EK7-?W8SH"(<J#TS8=->>D)NC/J.M;[1
MTN.]E!$QI=Y,AUK3D:JFJ;K_>^HBHIJXJ7Z4J%9MF$_?"=0,"O6K5;VI6!D1
M5AE.\:PB!*DEBIK,M2ZBK59\JU?C"E:U7L((%PBL8`=+V,(&U@?+P.KLM*H(
MK@Y1G#0-*5XK(0$D6/:RF,VL9BT;@<2.%:-EK1]<,RC72M`5H)BH[&97N]G.
M^I.M?LWK+_=*VKX:]1*J9:UN.>M9V-Y6MLND;?U*2XG3_C2UNTVN:UGV69>&
MUH'"]1YQ)V%<LB(WN;I=+C`4RSK&)L*Q21CM<&U;5]QB-[N]O6MLV:A7R%)5
MLNNE1&[/JUGM_H*[HO,N(L`K7NF2%[7FI6]KTZN(R0JRO9?P*%_3^EO*"GC`
MKU5O_X,//%OWHA6^$Y[$?!_,VP@7.+Z:1+`E%%Q;!I?7$AOFL'TO89P.B5()
ML^RG@'Q[8O96.,&1G:N!-<SAS*[8$C-"V=BTHZ`^*I#&``:N0*,[O>E*HKJ@
MO6Z/._Q&09CM2H^S()*/Z]8;CSC'IMVQ)%+\X!];8E-0>D!QRM<MZO1JBC9`
M5JUT,$4YU^H(0M2!G0%@`SCO60A3OFP1?@6)5HEH4];3LH1K3.'@6GC!&&8T
MCP.-!#-3@G,0@L"&WN,`$SVON4Y]K@>9?#PG1P+*SI7RE"T]B5IA,ZD@!'56
M17U"4NO.U)!`=:A5W6-6OP*_H=/O(?AKZ]GA^A&ZGC6O5?],X$2(^9LBK@2)
MQVOB)#N8TKYV!;`K)VQ#$/O1)8ZTM>5+Z4HW&Q'/CF>T*3%M_U:;RR@N=[9;
ML6W*=;L0W\;Q>W4,XC'+^]R'2+=&USV)=C?YO_"^=J#GS8IZ(^[>A,CWE_<=
MYGY'@LP"9O@J'*Y!6M.PV*P[MB.2O=A,8)R^&A<%QT?H<2R"7'0B;P3)NVOR
M?WO8V197MY>E#>;B"MP1)S]ORD.Q\L)!?!`2YSG%?9[S1P0=NT,'1=&!6$*"
M2\+@I4:X=0.\<(`;XN<PM7HDL'YKK4>9ZZOV>B'`#E6Q0X+LQC9[JM'>:[43
M@NU;=?LCX!YRN>^:[LR^.;J;[HC_I+.[Y]3%NR*>KER[8Y#P8=_YX9>>>,@S
M@O&[C7HA95WRJDN^X(A_LN(3@7GT"C[@EL_[YZ\>^E./'A&E9ZWF/3'UP1U=
M$(8'/>5%G_K%VYRY6]ZZDH/Z\M#%G!$SSV_-L>UX'_;^NWIW!-]A[G=E`[[,
MS5?"ZX<=_49,W_C5[_SU,Y[][7N[^XSX?N6.OXCD!WOY73_]UY^_7_0O0OV4
M8[\BW,]M^*==_FM'?]RW>F/7>KEF?H40>ZLU>RK#>33G>8ZF;Q?&;QGF;\P'
M@'<G@.='@&]G@,B&@(2@@!`&?(LV;B'&@7OG@2,'@H,@@O55?AJ(;_:G"/B'
M./J7"/QG_V_^5W<8^'@5"&TH*'TJ*',L*`@NZ&,P^(,Z%X$3-X$5IX1.]WNB
M0$&?%GQG-WQF57SK%WX/.'XHQPJJM#2*]F%06'@SF`@U>#@WB`@Y^'`[&'BB
MX#.GTF:^D@!V>(=XF(=Z>(<WL&<YL(>`&(A[!@!`$(B&B(<YL&<W<(B,F`!]
M:&=#8`&2.(F46(F6*(E$\"LRU@ARN#V],S6@&(JB.(JD6(JF>(JHF(JJN(JL
MV(JN^(JP&(NR.(LK%0G\H4L?I!C+(SRYV(N^^(O`&(R_*`#$6(S&>(S(F(S*
MN(S&*(R\P(S0&(W26(S*8"!/Q"W#I"F#P"B*PF*>XBE,="V$L/\HAW()W]%$
MA0``JL(H*$((F]@(U@ACUQ0F[2B.KN((TYB/^MB,OZ!/41(@^<$HD`1C#V`U
M+\,BDC2'DC`!ZO$`[%1*UH%#PW&0*%*0V6(BE10)K])IWC$RA/`@*>`;E'(E
M#Y`A,)9#O*$>/*-#(H,A,$*2)CF2VV%DA\",)T`"&,`!("``(8`!'E",)\`!
M&+"3)L`!'V`"`L`"&!`"Q`@"',",V]4AZ20DJ1,BP60CVY$M-.D(-B0CZ@A1
M]^@S_!%,5\D?"BD)`U`RRU(WO@$AB*8C6U,I#E!!D]"1ZI1$]Q@BG0*7E;*7
M8L@(RS@"'T`"*N`"'P`"(W`"&("4`F#_`B90`Q@@`"3@`B[@`44I`!R@`HJI
M`E!Y7\.S'2^`C0$R/GFT'E/#BYP8.<;!,4I$F@3R2#,Y)'7YF9E"""S2B=&"
M'"^P3Y10-Q%%1T]DFB/3B3ADDH"IC#.``2-`C"SP`9C)E,98F0*``2J@`D/Y
MDQX``CU)`B>PC-NUC:(2'H/@`,/A'EA9'NP!G)&`9MMA,0'P`F$R1QY9'N8I
M,DE""8F6*4J$1UAR)$?S+$%BG)(@,IM"GK/B&__9GTF"'!"Y",OH`LK)G$]I
MF-U)C".0F0+P`=7Y`3.`G3.@DR0`G<D(#&@#``RI&^A100P)`'$))$*2,V?3
M+)7@`-2Q11[9Z!^(Y``PJB,N2AU_N9X*LB+O49N:D@+:]"S\@1XZBC304HN-
M4*(GNJ*,PB3JJ*3O@:10,AVRJ0B!R0%!``)*Z0(S`)D5FI0Z>9,LP`(D8`(:
M>I0@*J+(&`S0`I\P-AZ#H&DQ@@`5Q`!<HT67P`"3I"H5]$D:PZ?74C+HX:2.
MH",8L*?GD3[9$F.F5!U(90ESNAMXVD7JHQWE"&/;(@A7V0C,.`+-B0$SP),>
M4`-`Z0&L:@(C$`(DL)PUX`$NT)@ANIS*N`QH@YJPX#GOR`I80I>^L*NM$(TG
3$`*'N8_ZZ(RQH*S.&HV.$`@`.S\_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>19
<FILENAME>u50917u5091717.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 u50917u5091717.gif
M1TE&.#EA(P&S`.9_`-CC[FC$MN5Y$LF6%KFF&`4J,K%Y2@D)":BX&Y0\"H"`
M@!6HRD!`0/EE$)FPU?#P\-#0T*"@H.;QQ^#@X&!@8'!P<%!04+"PL)"0D._O
M[S`P,+^_OP]^EXK4Y7]_?\W8ZC-@JF]O;S\_/X^/C]_?WZ^OKT]/3\_/SY^?
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MP;^LHHYS8IO8S\#.Y?/XY+V%9HVFSS\L(IG('<#`P/_______R'Y!`$``'\`
M+``````C`;,```?_@'^"@X2%AH>(B8J+C(V.CY"1DI.4E9:7F)F:FYR=GI^@
MH9E+'Z6EA`"E`(6D?Z2FID2BL[2UMK>X?Q\@O+R$-+U0JX*[NKW'#KG*R\S-
MS<6'-,E+-%"#T(,@'\[<W=[?E]B%TH(.(-?GA-K@[.WN[>*_R410>NB%Z^_Z
M^_RTN\>_@LDBEB[;MGX($RJDM`O6KR^E'%@Y&"_?PHL8,]Z+EDP0#3,$\1W4
M2++DOGB#R+F"\B6DNI$F8\KDMHN&31K#_E2S:<7*L(HP9PH=6HN(@Z-'!_X9
M@_3.DD%&"SE02K2JU:M8LVK=RK6KUZ]@PXH=2[:LV;-+D:I=R[:MV[=P_^/*
MG4NWKMV[>//JW<NW;UVJ:`,+'DRXL.'#5N6X6+PX`(O'D*\(FM"GSX,_$/I,
M$`0A<^7-D"!,N"QI`FC$HEZH7GWC3V4(?QY4GBR[LN5($"[#/O1@]Z'1C%PL
M&#Y<"I_CR"4(4H#A-H,^%C8SR*Q!LZ`+C"PS4-`'.Z0)T5'/:D"^O(H_U6'W
MH7"!PA_N?3!0N/T(@H(*?7P7FIZ(>W#BQ2&7W')]#,+`'^$=^(>"@D301P08
MD!:!@PZZ-L%V#_YQ@0*R0=@;AX/89Q^#$%I(67<1;/C``PKH)QXCY9FWX"!]
MM.B>?S4.,D&+L?$8&P;>_3$!!15@4`B+%_31`_]H0+H&(GP<LNCB'\(!:)R`
M?"CW'@4*2*=`@H(PN*`"%UQ@Y((/:/#`@=QA^%R$7):)@06B"?*`>^PIT&`%
M"D0`)7,8P(E!!%.^F$B,Y)W70Y^N,<#G>P7FR-F:?PRZVV@:%()!G8-0\$!S
M"D)``6P0;/A>!`RT9ZDA51)WI8!:^A>FAGHJ*":&DAZH*Z1NIH@@E$,6*&0%
M?U3@9X/<V5>9`MSY:@&+9QH*(Z+G,9ACICCJ>1T&!T([6069ZA@!!>X-8H&&
MJ-K9WGO,GFI!9=X6TFJ`6&H9`9^;\>EIL8(0.XBQG470+[_$$@HPL?=!0*C"
M]_KF)Z$"QU8!?A/P.2'_;`G7&+&TBR#:P'D6,"JJL7\0BMG&]E%`&:,2XS>(
MD>V&^*B_.^H)H7N$,ML<RX2(T<'//]N1Q-!$X\%Q6"HDK3001S?M]--01RWU
MU%17;?756&>M]=9<=^WUUV"'+?;89)=M]MEHIZWVVFRW[?;;<,<M]]QTUVWW
MW1<!-YF.>(LE&R&@]<:9);)RB3,%S_;]E9^9/F`!!0(3:6:AC_@WY!\J'SBA
MXF!ENOF![!5Y2;:\.HE(9YR3=`%IA%#`9H$'0H!!!:Q3XA\$Q%8`P8%F(J+`
M?+8%+_SPQ!=O_/'()Z_\\LPW[_SST$?_?'6'T-FD@F5:X*_MPKY[8`47A'=(
M_\RI8_1<(4E&-^2]/:9LB76Q12#A:8:07_Y"YP/>Y601KZXAY:*PW_T2DK]^
M"'"`_2@@/PZ(P'TH<!\,;.`['JB/"+;C3G2B$0#A1L%W6)`=G8'`N6)S`&'=
MK8/N^.`%1^@H$]H-A>U0(3O\4P$+;*=O,)RAMA`B0LZL9V,O="$$=\B/!_1`
M`_R!%`Z%6$$B2M"!3/2@$Y\XP2BF<(I4;$<.P2%#9P#MBV`,HQCDML5O=+$9
MPRF"#G0@!!ZXD0="6&,1`.0",EI1&1&@7R'.F`L@^$`&1O"8(!M@!"HT`0UV
M-$0>!;$I#=7.$\827_VPN(P5V"`(+QAD`XZP@T[NX/\(@WR!#W#PM@=&<@)`
M4EFT0,&[51*"CZ!8P0UBX+$6U(`':P20+A>P1B=$`5$Q&"7;'MC*"U2`7+0X
MD*3JUP,&./.9T(RF-*=)36J:(`M=0%08$N"%/3BS`.`,ISC'"<X>>"$!8(A1
M%[)0S7:Z\YWPC*<\YTG/>DJSA/LQG<+R,PO-`?&5P#O>&3A`T((:]*`%/9X;
M\A`&1-7`!G.0WO!L((,6E`<,.Z`#\[B`T(X>E`L2#9Y'1\J!,H34-EN8@4I7
MRM*6KG0+R:,>(?S9H_L$Z1/W2MSX*$F(#NSRI[H\A"QKX-`;K""6LXS10QN1
M`J`Z=0$IT,13@5K'3$@`2UC_S:J6%/'`G%Z&=C:=A1[WR--!^'2JNRP$$"JJ
M5*/:`@=L)<\/5'#41#05K;J,:B;PJLNJ8N*J60WL<;::"`H&#C0;K(4,S\K7
MX0@"!T'X08Q>X%9ER)*6Y&E!$$AYB+LV%JI2_>P"_'H)P`I6JXPHHS<6*UHF
M^`"S<A5F-W(@@QC)(`>&\&QC]8H)T8Y6$Z8];;U2>T<=,H*Q4RT"%GY9GA;<
MUAV0M2AY8M":0>B6K[QU!`Z```2E*4T'2O@L:2T17.$.:!&J[09KGZH$+.P@
M1LZU03]6X`/)9O:YU\5K=A&1@QO(().:+,\.>,`$M(ZW$N4U;Y:(FY#U[E()
M3@AD_XP,((2Z*L0&`)9K'`K\V?T.HKLUD*['8K":%]AWPD)XZH$ID6#S$A81
MZ>6&@P&DA!@=@0I"F.,"-((#%9RX`5'``H?1FMWN9GBR*K`!TPZQ`"4(@0J@
M)(\1=$!5X"IXN.@M+A?+*@CD$H<)1S""$Z@<U))05,1`=D(3AKS+(JSAC[`M
MSP]DX`/<,@)`11#">\EC`!W3T<I7/B]7M6Q&+O_!RWB520J:`&6/>?+144;4
MG&_`V4?\5`<2GG)?`1WH!6>YP89&-%H539PF^#+`S7U!DBLM":?RH#PI)LZ*
M)]%BX;[X$#%VQHSY2NH'-^&-P(YC3BZ1@F(;^]AIL&\;C/_-!DX'^M:&R'4S
M8/F5_!*Y%BO`[`LL;-5.#Y;!"*&V5[00QG*#40NV6$%M&Q`#5I?6VYX>-*@?
ML2([V6DS8P6;#Z;+;?+"&]K[(?1J#3T(/:5)6#EBD=ENP.]N>QO@,W6A'R9.
M\8I;_.(8[\09?44R04BJ`OG^&L,;4`.'=QKB!I(XQE?.<HH;X@'8,1EF1A4;
M]CARDH[PU`,.<$/3H>ML02"/#/[Z;W`+HN5(SW@A_"6K3&4J.J-ZP/8*3O`9
M]8%8&934,LNV[B"\^^%&_T/%1Y`!&(@`!7XX@0D\D'81A,`/(<B`'S+`]HH;
M8H2D:Y/I1OC*JNO\.0S8C*0N\$__LA&U`=5E<=$_/0B*;P#M<Q>!'T1`]Q)X
M(`,A&,$)*(Z"#=B=$)+*>Q^4J2=9%7P[S$J]ZE5O@9"YCDOW@;T&^+3ZVMO^
M]KC/O>YWS_O>^_[WO(?#&\A3!^"KG@SP)L/N>Z!RN)-@XFN?O!\V<'D3C*#N
M$R?!VUT.>FWYQW%H8A-V3+^<JK\G$9]:VPHLV@)W/Z+6IT5YF)HO^8F78`C2
MI_[$0[`!$\A]XO4W<7='(`T".9@1,H+`=U1';X_$-VR3`Q85`_WF"/`G6/*W
M(,UG`A.W>9+G?S"P>26P`3!``MBG@=Q'"%.W""G(+B^2&Z[A<3KC@J$0,,Z$
M&<\T`3<E_P@C5W*24(&!=8$*1'$CX'DC8`*>5W8E,'<CD';^-W$;L(0G.`@P
MUPC^0U;BH7`7H"9"4B-X(@H(XT(7\AYC%70?TX.+)V^--W%TEW06=WF?MPGB
M!A;-D2:U$QX^X@GQL26G`3Z8@46')U^0X(.HQ7A'1W$G\']LF`&;]X::$(=?
M<2X1H`$:H"UAZ!JN!(<%0AD,<!EI8B!"14LM,(&*((A8!83-QX9)IW'F-Q:O
M@Q[]XAU;QPG?5RRP42*S<@@Y0!XO$(AG6%BGB(HMIXKB`7(7<DRQ$2XEDX.;
MD(<VY"\Z91^)L&\-X`/OUXLP]HO`N'+"B!H9(CCVUB\-N`DK2/\(&!!R@I!)
M+6!GC$"*6(:&!K2*8Q$AIZ.,G(`ZO$&/A(`#$4B!UHAK`J=>\%@^-I`HC<".
ML!)V0Y1%BG!XZI@(!BEHOCAO"HD(*R!9/R"*A/"0WT:("Q20]P,$0K<(&AEO
M$2EVV8ATG^"(Y4.&@(@((VF*A7B2+)>2'CE`H.A^@_"2X":3P>@)*ED^$-@`
MN^B2_1AMPE)Q);!Y*%!W'F`"FQ<"(G`"CS=Q;AB%<%B3`R2-U'@(.LEX%(=Y
M:3<$<F=Y&2!Y<1<"V^<'),B(A%`J%C")!2@P(F0S4_*3]\.07%F4`1>3)8!V
M)A`":.<!GB=Y*+!VST=Q)BB`A^`>L-'_.+JR)DB".3@WD8RP?NR6EV#GE53I
M>3T@@DLYF!LX`H!)<0'H![Q1+E97>J-G.OO2=Y39"`-9AH70E6@HA(.9`2.@
M>2%``B;(?R@``XC)EC#(2`*3(WIGG$+T.R>UG,S9G,[YG,QY>'$@/%,`;U,0
M4T>Y@6RG=G57`C`@=RCP?*,)?<+9AP?HB4]W)QCC(G8Y0)89`[.IEQ$7DW!W
MDB%8G@A2+,XDES1W)]ZA@.7WFHX0F^>1D_*9<O2IB-GH>?@)(HR@<%8HH(V`
MEX)`FR7)DS.)"`(71>V)0.]IH)E9FQBJ=-LHH8Q`H!5ZH/-'GR-JE8V(E5F$
MEQ9ZC1)IHI6Y_X\SZH\U:J.+0*`Y:I0[RJ,+21YJH*(8&*1"2I&2A01/$*(E
M^8Y)V@@@V0!5X*0T&FXP2IED2``GAY!-%*6.0$M,^FQ>*D5@V@AI0!X"0*8<
MF9!G*I(#0!X#<&4PR:(M:IHE^J9$*0`-@`0(H&!U:I)WZJ*8T*$*>55/@`0-
M(`!-:FM&-ZCX.1I@Z(#Y9JA9!%@$0!Y5ZJB$.':8YW9S!P/?F0$FX'^:-W?8
MIYCHHS`*$"Z&4S*((QO*:*E49%IQV@!<&G^/ZH2=]W:[R7\;P'\E4`*YR7D,
MJJJ$P'>9<CF94S("`Z`LJ*<.*2!\ZJ>ZVJG[1P(D,`0;(`+="H!PA_^6%:=]
MPEDQ@N`ZIG.<>@)R>Q10T/FN\!JO\OJNU8D<"*"HC"I8UXD\,B6H]4=]/2!]
M`CN$3DF:PKE,=(([M-A*2N2:TDJ4`I*I5&J!N^H'B0D#:#<"?;F$)'!])`"<
MY.FBYIH^F^$]Q1(^^:)'M/I$"7:KN5J*%3N$?C"L%.<!3#EW!3M]4(BLYB(D
M^Q,_\Y.`D_FPAM!BU?J#%;N&V5B5/'L=B<49LYJEE-EB][JF@^B.%7>(P*B@
MD=H(E2JU$_FC>VFG+>J38*N05P`9:KNV;"L9V`JI>"J+9TNTC5!`<-NTA3JW
M6;0B$^`;]&$;IO$(TL8,*_M$I4<DF*,`/7#_&<S2`[)CCF,+I71;"+X2&]W2
ML&%X)XXPN,M0N`W4FHMB+J3!,M!ZI9([N9YH)^%B*H*`C&+BCAV)NJUS&0YR
M(!/`?+6X0Z6KHU@JNX/@*_%Q&1O"*/2AN77[CS*FMU14=8MTO&0+J5?INU(8
MCH8`N6-[MQ87O=++2ME)<<]'`O]W`H>IEH8H=^!+OO@Y"9Z[O4<JJ'Y`=GX@
MF.\;`MSJ![_I?R40`M^Y?4J+K%-8*9S1GS97A0[+OIV0/]Z[??(K=_I'F"B@
ML3#`M+L9A?[2!P?0NJX(=;FQ@NN[O0@\<2B0A/%[K/(K>?HW`@^,E)`7M_D)
M'J17.CD"K1TLO1\\_\*;F7TF*'G$NG\H$)5.B'TTHB>SQWS(^<+D5RGX,:]*
MO,1,W,1.G$2<)\+RZP=#T'EP5P(F\'PCH'T[/+,K',2NT0<:,!KGLHGBU[`&
M?`L)[(3/=P(V6W?A.7=)B)L4-\'(RG<*,BYRB8#YF<:XX*D82L<4_`CCZ,>A
M8''C>Y*)S,+_NP@$;,BT@+WI"\F27,EW"LF)8,F:S).8C`B;+).=;`M(]ZD3
M/`(B@'UE)P)S#`--6`)G9W^)J8T:P2W[4D.^@4&[$3.B0BK.]+2$('4]%S^#
M<`$]M\L!JI^%G`BT+"&WC#BYK"W&W".XX3K80<Q$9,T!_,S#'$4M-P$'</_*
M#'``)+`!)7``B_AX"G``?@`#:&D"WFS!)[!S.RO+YH,=N\.W#!)"YS(H)>)T
M/D=O&@`;X1,F._2LC>F*_&PDKUNW]KR):*S/E3(A1N+/"U)XBC!Z7S4H".(P
M&^V*F9+0KJ&%AM!R,!"P$]<#P&D"I3FS`5M"&W``&"!Y(G!]!P"_&7H1HO*[
M1B(?1U+&\Z>:HX>\$=TIN"-`NE/$L\(`\N@(.=T@,"-$X&<KR#DNOFPNIQ$N
MNK-TF:&:MH(>CYR&*Z?2I*F!,""6%??*![`!+^T!,NT!0V`"0Y"J%Y<1RY0C
M-;1'L//3D"(;\U$Y)G0?&H"N4G@N2#TC;OD(=:W_FG@](QBHFMK#QW4[4[$!
MH.!7V-,QB8L[TBQ7SD,X`@>0E!E@SD+8F66)`CV\`0';F0=P`2$0RW.=$0Z-
M(,`A)CU$BU<7U?76.XX`'G82>/&!FAV-VT=-.[>XN:1AARY4V\.-V\]"*8Y@
MBSF=0<D*&\*=&;J3.TR$="/0`P?PV7[`W6E)`MV=UB?`W4]Y`,`9`0?0`XM(
MSSCM3!H@,#44+4:$1+E!+K1K@`K``#KUW/"]&\N$`3Q7,`9X)YXB0@Q@T8FP
M.PP0WP1H)T<T'0:>WW+9RY!0`<_T*0/^,ANNQS57RXYR"&SH`>LMPII<$I'H
MH+?`(DJ-1Y-(O:$`'C;G'PG`V-XG;A+6*PHY#@H[_@GU1N.?G(VA7`M!+N2>
$$`@`.S\_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>20
<FILENAME>u50917u5091718.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 u50917u5091718.gif
M1TE&.#EA(@'"`.9*`,#`P,W8ZD!`0/___XK4Y5"^U\7J\C-@JH"`@/#P\&:(
MO]#0T)FPU>;QQ^#@X`]^EZ"@H&!@8+/65E!04//V^MGB[W!P<$!JK["PL.;L
M]9"0D$UTM5E^NK/$WZ:ZVH"<R@```'.2Q3`P,'*6%<#.Y8VFSR`@(#\_/W]_
M?]_?W\_/SY^?GT]/3^_O[R\O+V]O;U]?7[^_OVJTQ`\/#Q\?'X^/CV>>JQ`0
M$*^OKS^NQY6ZPM3O]>/T^92OM3N.H:C?Z[;"EWS.X?'Z_*+%1:RUE86@0/G\
M\NSUU9G('16HRO___P``````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M`````````````````````````````````````````````````"'Y!`$``$H`
M+``````B`<(```?_@$J"@X2%AH>(B8J+C(V.CY"1DI.4E9:7F)F:FYR=GI^@
MH:*9%`$!HZBIJJNLF@P'L`<,@PJP%R6$!Z:QO(89"A<*'`>XK9X!!YD=EPP*
MGLV8"K/&S,Z&TDH9%\N"NH/(B!07'Q2"%-RJY<?)EQD;&9;0G?*6V-3QUH7V
M]DK>@N"'2N3S%4#=H`SP$&4H6`BAD@`5"%'@0"A`0D,0#YV2&(`$.T,5RI4R
MR&@A224A*T8<1$_EHH6^,D#;>)"FDE(7!U6H8&_DO4@M:<T*<.&BOX<?"VU`
M5ZA$L&W=&`S;`(L#B4%.@7&3->QIL8FP%+CCL.&#(:\L-W`@JZ[$`054_PLA
MD[J!Q%-N%$+$.@4P*U1D"H!M1"LH:`6U&Q24NE".:#D&3U=R/?!!+=O"D5$&
M.W!5T.'$LK)M7OFST:M8TY34@A7"*$V`AHX2ZK"A7(4#\`Z$4-(!6P?<O&NC
M!*Y;B8=3'K^Q"V%6'.F;R#\R$+YT>$38_PYXX/WW@J`/N!A,`T?;-FYD$3\T
MC\YRH)(-VY4P?[]=_7!X#';WV]UA>KGJM^&W6P7P"#1("/IA`\U.I3D2E"#V
M>+#!($=A1TA=A_"#C3_V<+"=AK,<58%>R@DRCGCP@41B8=8H:(V%`-TFWBL1
MA7`5"2\F`R)`](PHW4"PD5<;<!**]X%W_6PD#_\V13)PY"`D<)`/A[-4<,M)
M#2;RH&JI^5-A4H1\X)X@(:2FP'940CA+F;2@N=$'(?Q6HA(7,&"*187`*2>+
M:AJ7HUSLW$;"G;9MUADX;$)X'#ORZ/DC(;=]XYTX@0DBX9T;^;/D+)?>>1,'
M#!AHXD;V\,0!EED:LF6$!ZCS93CCJ$,!+N7=EV2?MT54:X"W1AKD<OI1D).O
MCW*9#6=(`3I(BB@)$B5#V05GWD*,.D-L>TK%-Y\2KW"3P0$K2:9DB[-\&ZZ?
MW.8C9CG8I`1JJHN<!HN9L5A%X6M@0@J,,&]]M]E6I#Z5VI&U`'S3+;7$I\1:
M=9$%S'/B"*0=G\8J00+_5;`H^\\%#&<':D(`$7S`,CPZ$W'"%.O$L5KJN$.(
M!V^5U<VX?1H7LUE$38?A31^@9MQ3.<%KS$(V90.M/G:>9-(AI3Q$$IXH%6T.
M7ZA2DM'!QSD5M-%53^WT(E<?5`A.D)`M2`8A2=W0T4*WG0@_;D^2JZUQUVTW
M*W#?_4B4!]BK]]^`!R[XX(0O4@&FB">N^.*,-^[XXY!'+OGDE%=N^>689ZYY
MY01N[OGGH(<N^NBDEV[ZG<\5KOKJK+?N^NNPQR[[[+37;OOMN.>N^^Y9)K``
M(P`@`(``OD<"0`0.\*Y\[KXOL$`"@B3@P.^_*Q'\\,4#D+SST"^0_"#.*Q$!
M_P2#`-"]$M0[T+P2TR_O/N#!FS"\(`!,@$`$")`O@/`"!(\`!A9P@/P$L(#Q
M#0(#&M``!@RHA`D<3PD"@"`$(3"!!&)``!IXGP;M%KP(1M!ZP@LA!/D7O`E8
M3P,>5((%,B@($S90>((0`0(0(,$4NG`"$(C`!G?8M@Y*$(37H^'^AA<\"%@@
M`@GPX`(0X$+T12`"2P2`(!!P1/%IP`02+"`4+3"![_'PBV`,HQC'2,8RFO&,
M:$RC&M?(QC:Z\8UPC*,<YTC'.MKQCGC,HQ[WR,<^^O&/@`RD(`=)R$(:\I"(
M3*0B%\G(1CHR<`"0XB,G>4`+6``#E*3D!!*0@"9FLO^1'_R@(1P@@%*:\I2H
M3*4J5\G*5KKRE;",I2QG2<M:VO*6N+RE%RV!/`?H\!``$$$DATG,8?K@`<A,
MIC*7R4QD]J"8T(QF-(_9S&HV\YG2S&8T;6#-;BK3!MH,)S&YZ4UO@E.<XB3"
M"-;)SG:Z\YWK+`(Z-5'`"53/$/-;1`&2P,]^^O.?`.6G`3*QSX`:-*`#Q00!
M#LI0?Q(@$PMM:$,?BHD&(.&B&,VH1C=Z40FP@I.)R*<B"BK1@R;T$B0M*4(A
MJM*#4O02$6TI0%]J"8MR]*8<]2B\1)J(E,JTGR>UA$]_FH2@5B*F1.4G38^:
M5(=FPJ8XC6I'A<931`SUIT;_I<1599K522`UJ4NEQ%>)&M9)0%6J.-5IJJIZ
MB*VVM*N2<*M*X1J)L?ZTK)*PJTSQ&HFSHC6G5!5E3YL*5((25J`L/2Q?(:'7
MEB[V$7[]JT;5FB6V&D*N):4K)#`K4<T^HK$J?:PC0%M2T38BLI+%*&4;9-E"
M<+:AGG7$:QD:VT:05J*F9<1M)_K4U-YTM:5I+2%F:U+#'K:VNCUL$G*[B-TR
ME+F*0*UO@?L3X0Z"N`9%KCZ5JUU%.->EB24L=!,AW=12]Q[6%01V5XJ)]0*T
MNXGXKD''BPCY!I2^ARBO9,]+C?0JP;W_A*]5N1O>IN+7$/:=:6]]NU'^&L._
M`/:G_X#;2F"%*O?`A4CP/S%,"/W^U<&M@'"%43IB2VC8J196[((9G%$0LT+$
MQS4N82>,X`L7&*PK9O%4=RK8`<>XO25FJHI3+-X<Z]C%JX#QC&7<5!IGV,9$
M-K"168QD52BYR4Q.JI,)<>)^<G@075;JE!E<Y51<6<M9)NJ6P0QEF+:YICIN
M<6`9$>'"`OG';AYRGHM<T3BK=L[;Q;-0@RS6-PN9SY?P,%K+C(HSJSG-6+TQ
M625]US%/%]`C)?0DZHS8*./8TY/NLY^1P.A1.#K2=UXRJ"N]ZKU:VKR8'JR@
M*\'IHE+:U:UV[*OW&VL?JYK$LRZTGDUL:$HH6JJE%L6IN?\*:6;G.K2WUK6H
M_9SL4"S[K<W&]K-+&VUH3SO.U0;%M>>:;7)O&[?=YO:WC]QK"@=[TYK.:[&]
M.F])'#NJX?[$N#-;;GZ?F[?_?NZN/]SNR\8[$K5>LR#"O-QTHWO=5"ZX:P^^
M68I_MMYUQ3@D[IU6B0_7XK(%N6TU?O%A5X+CO_7X=45.9Y8WE^2CA?EI1TUJ
ME:O7Y9E^M[Q-+FQ$PWG4^?;$OCO;;Z(''+Q'G^_`%QT*#"3``@*PP!1I&+Y"
M#!VV1<=ZTN_K<(`GFN9!5X0#,BA*#4```AG\)2&N3MNLMWWK"H;[AI>.;%`@
MX'<8A%XHE:`!29:OQ^[^]:!UGG'_GM/;\/8&.R@^N``,F'#OP;.Z,,.9`^7J
M`)WBK/QA+X]Y;<I`N3+HO.=!+_IL`H'F0Q#G/2$10>A)T`(+`(#4([]VP!N<
M\!7'?<E]?F@I0YS,=G?>!`1`O@0\$7I]M[KM)Z[[D#=_Y(@O/.^-K?A/C%T1
M4E=^RY^_?<'W_M-[]OW7@=YTUQNBZK7O/I93O?[P@Y_8T=]X]=>Z_(]S/]#>
M[[GXX3]]L\Z_LO6W<O>7<_EW>/VW<P?85__'6@%X<P,H:P6(@/OW?:$V?M1F
M<_^%<Q#8?OPW@?KW?B>W@,'5@!GX@+[&@13(:NY7@3]W@3RF?FC&?C&X@BK8
M@2!(?>3W_X+XAX):I8'U)7/)%7^0)8+518()YW;%)7<H1H.X9H'@AH%'*(./
MIH1>UG4"]WN7IH,$R(/P9H*'P'!?MG!`N`@H!UA:N($S.'@1*'T>:(!MF'@Y
M2'\P.(7`MH:,-8;>A8?D183H980^&'A<*($WZ(:#"(<N*(>+L`,&L(B,V(B.
M^(B+*`1(F%U6B'1,*&U.R&YGJ#=1>(G>YHGJEHD1MXEWTXDVR((IV(0M^(2D
M:#>FF(J8>(HU&()Q"(""\XJ4P`.0N(N[R`.5J'18"&NM6#>XV#I@2'?XAH&'
M\#PS='?L(T7/\PG%R#K'&(R\-HR*D``T%$DFD#RTIW:<,(VK4_^-H@A\V)@(
MR>=$]$-#2N",G2".JD..JZB)B`@)310!DD1[`,!"X?B'=B./M'B(MA@)'Y0`
M(E`^[$A[_>B%_ZB'B%"&#::,A1!`[4@^ZR@($(!)[^B/=0.0."B0#"@)`%!\
MA"`]@F`!YK<)\'@)TQ-)U0,](.4)'NE_M1B2DJ`!*4D(C2>-'+D(.`D!"(!!
MZ&,"T)-]G3"3ALB*]?@W*TD)#F"4(J!WU8,!%LD)2*F`-3F"M]B3B9"1]*-#
M&&`"`H!)QB>3#IE??-A?)`@O33D),-1`R?,_!BD(:\F&A1@)1M``>KF7?-F7
M?JF71R"161($!5"8AGF8B)F8A;D#G^#_E:3TE1>D!&5YE&>I._[%1D_)/O>T
MC]!#E68IA!MTF6R$DXG`CI0)FAHDFIB)"#%YF@G8.CM)>SE4?,>W`%7Y=Y]D
MEZ@8.[\4>4D$04\725*'DMJ7F[OWAJTSF9$7>?Q#ETK@E>EGG#&'FH2CC]M(
M0\TI00I)/Y-7>M[YG>`9GN(YGN#Y>8<5>N29GJKG"$MTD1)TD`J$=B=4G-(9
MA*_).BYDFX)00-4S0U.T>M93E])YE:V#`#F9"$:)F_5IG\CI.GZG"-%(GPL:
M7Y69.ZIIG`1Z">:3C@D``=#SH&YSH;F9H95@H&,)11`T/Q``HH+I-N3#1,\3
M`?;TG+M#HI1@_T('&3P+,)R_XTD])*!M`P$+D$"=Y#P+8$(CJ3LV*@GMB0`B
M8`(KBIU2Y*,M*C0F1*0'*9DWI*05J@BT9Y#2HT/(\T-Q(Z+PTGH1(`!9^I9`
M&H]=F@AE24K58P'WTT(<U*9G.@@1@$E'.@AX2CA+*@F_E)+?XP"F&:)_FB4N
ME#^2:0(B0$`-Q*74R:0:>0BD63=FFBI"F@CZF3L_H)B@"JH_<$:9JJE=.:%Z
M4ZJH:D>JNJITU*JN*D>P&JMP-*NTZD:V>JMLE*NZJD:\^DBD*4IOF42<=*AF
M]*N-E*1D^I8XA)$L.D;(RD@4N:S0*$/)DYEH%*V+)$K"*D4SA`%9FO^HNZ.M
MBM1$W?J<.)FE5`JMXIJ;Z6B4F]J.,[J/:42NB:2-CF"@]=JNN1FAV0B@962O
MO2I&`CNP8%2P!LM#")NPH<FO#)NM#ONPQQJQ$DM&"UNQRG.Q&`LXL<F.I21U
MQH=$G1J=&QM&O>FQ@V`!PJE".:FQ)6LWRNFQ,[IWT*F@+ZNP"6F:OPEYQCIV
MZOFS0!NT0CNT1%NTZ`2PB-">(,0^G!1!\9E!]'JS9I2?Y.-+,]J.[.B.4DM&
M^MH(";JUT-H(_@JV9"N=`W"V:)NV:KNV;-NV;CL`9<LZ;SNW=%NW<;LZ=9NW
M>INV;N,`?F<^)?F@7N1%D;1+DN"W)9F2@"O_"%X4D[&'M(^`N.!C=>;7N"EY
MH)"0`(OK/90["+NT2YAK"&Z+`RS``BLP`#%P`C#0`FB+`B>``F?KNBHP`"K`
M`B]PMBEP`BG0MD+3270J`'[KI%X4=:TW`0:40YND!";PEI+@NT'Y/?BHIPA`
ME.)3IT<ZLXPZ"<X+O,XIO=2+/SITO;]CD,^:K_;3/QI@`<+DO="#O)QDO,6W
MOHS0MB\P`R]0OR^@`C%``S5PMBV``C@``BJP`B>P`C,P`#1`P/U[`BS@MD*3
MO8^I0GZG=\^I/Q)T=F3JEA;YF!`@OY+9CMHCIK[D`+Z4P9(`P7LW"-`C/"6,
M/+VD0Q9PF\:C=B+@_XTZ"\(7?'86',..P+8I``*G.P`K``(I4`,TL+MHVP)$
MS`*P"\0@,``HP`(Q``(P@,1K*S2"%4$0<`.7:T(PE$*15TJ0RPA97$#,VT*:
M*Z5[!W4R_`A9W+V$L$G,F4_$<P/[0PG,"T-GW$`4[#]25,=W/+]KJP(@$`-G
M.\4J8,2SV[HP,`"O.P`@@`)/[+HOX`(L<`*\"R]CVKT)1`@JRW>8E$((%#WK
MV@B;#$%09P+@B`%4QZ.;U$E^2@FGG,('U,HJ=*3O*WL--,:*@,&"T$L^RLK.
MB4`*E*)2=[6*T+8NX`(Q$`/+/+LNT+]G2\@XD`(H4,5/3,0P$,4O@`,'S/^V
M0D-*D30!&-!XV:L$%Z0]OF1$*N1X#H`!^VBLD=L_]:.1S"M``-"C\\/*E]1X
MCN>4]$S.<,P^\J//$<3/3M<_W#L)8QD\4B<"*^JY!=W.7;3.**G0AGL(;9L"
M+``"(,`"+0`#('`"K'NV+N#1*-`")P#$0CP#+M`"*D`#,Q#$5QS.$0`"Q9>.
M@J`!,R1%#E"5$'"M9F<)OH33Y>-%K,RH'>IZD229:!>ZC5#40$T(25U\'DH_
MDF2H&?T(VG@#X=N,M9R]0<VX&XP`6RVZ;JL"*[VZ>ZNW<;.C;=P*<-T@<UT:
AVOBUH$"W*5#2;6VW=ULX?1W8#OS7A"/8AJVVD!`!"``[
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>21
<FILENAME>u50917u5091719.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 u50917u5091719.gif
M1TE&.#EA(0&_`.9%`/___YG('8"`@)FPU4!`0%"^U_#P\&:(OZ"@H.#@X,W8
MZL7J\@4J,C-@JG!P<(K4Y5!04-#0T+"PL&!@8)"0D//V^HVFST!JK]GB[^;L
M];/$WS`P,$UTM::ZVB8R![/65G.2Q5E^NH"<R@```.;QQW]_?\#.Y3\_/^_O
M[T]/3R`@()^?GP\/#Q\?'Q`0$*^OKU]?7]_?W[^_OX^/C\_/SR\O+Y6ZPC^N
MQR,U.#$Z/!0O-6]O;^/T^6JTQ'S.X>SUU:C?ZSD\,M3O]<#`P!6HRO___P``
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M`````````````````````````````````````````````````"'Y!`$``$4`
M+``````A`;\```?_@$6"@X2%AH>(B8J+C(V.CY"1DI.4E9:7F)F:FYR=GI^@
MH94*I*2#%:45A!D811FEI:V&&1H#';)%"JJ'&!F,J(6]G*RBQ<;'R(,-(0?-
M@PH-S0T:@P,'11K-'!?-%H8##2(#(A<#@@T*B`?FB]"%ZYS6R886N//W^(KH
MAN[8%]77`"(R<<&>K'V'X+5K\(Z=)GGYBM2+2+%B$82$^BGX)PABQX"&.%`[
MA#"#K5T'+'3HL"M#AP&^!/4;E'+E+E05.B@P,6"DH%XF6)ZJ)0+DT`'IBF`X
M.8B525^U6I**6:1"K:0R=V&8^C-#T%T6PVIJH-.43'0F0G00R+90A@9@_POM
MTW#!`KE6!QI8`''!5TJ^NV8*RKNW;ZYP%I8-*$>S+@@.@C)P&\"L4`4.*3F6
MJ]SQ@HC$("P<@%QD\>@#J@:$QHBN0H@0%T0.=DQ:K&U+RYJ!A-8LA(A='DL;
M?<8P\H">YW1=2"HOI2`.YF(B%%S$>1'HA].9^$C36X4&K41S)]2!=*L*JF9"
M=/Z]E;S+:V,JO*B@@XBJM=F#O\U_$D;B@X#`3G#!-=5`3"8Y0]],[B@$D08@
M3%<<30->,U,&%F!&87+55=B091V$,.%Z[.P#$40*D.,0.A"BPE&''/8GHR/_
MG<46@</1!`(A$*'SUBXF0*;07A+])N&'$NW83_\&'"C@D4+[?#9>@-X0HI9Z
M`4&9#D1$II7!?/M$*-M@)6(UXYF(D)7*6:30M99P/.;XTP4@^%)!41P>\%L&
M(9CC'`874-/:D83\&>AAW(E')H<;Z80G(72E@P$J#)DP8I9EEA:"4A=L!T^?
MRBCPECTPTH?FJ0GI=H`L&.@&@D\:5"E(K(ED0$X#T8RT:E41UM59`]B5Q@$Y
M`;5:R&+`LF.L*QR`<$"G@EB@JRP*.&L=CQPL,YAO#;!#JT33EG9!;.P$"<)K
MLJP*J&*#2#L8J:C&*^^\BQ2H"`=K88`OO?SVZR\B]B;BVT[+_6OPP?-^VTA.
M>IJ)\,,01RSQQ!17;/'_Q1AGK/'&''><S'$@ARSRR"27;/+)**>L\LHLM^SR
MRS#'+//,-*_L\<TXYZSSSCSW[///0`<M]-!$%VWTT4@GK70G"!31M"0)"+#T
MU,4,8<`B!@Q!0!$$6!T)!%=3+;8G""#@@`-#"(*```Z8740$"&Q-``)P"T#W
MV58[0,$@$3@@0`(JI%V$!';#780#14S0MM\&Z#WVXXD((#G7@@@PA.667RZW
MW8BW+34!"4"0P"`0#![W("H(L,'EE&]`.>&B0RY[(9)_7OGEN&O.M0`23)`X
MX5PG$,'6@DQ@``5:DYYUWP;(G?CQ=!,_^^Q#5.^T($,DD'WVVC>-0/81"!"!
M__9.'R_!(`;P?KT@47M?]O7I2V#^]/37;__]^.>O__[\]^___P`,H``'2,`"
M&O"`"$R@`A?(P`8ZL&(&F(#Q'LA`M`T!<114(/&D9XCJ>?"#(`RA"$=(PA*:
M\(0H3*$*5\C"%KKPA3",X>@LL4%$#,$%!,BA#G>80QTPX(=`#*(0A_A#'/#P
MB$A$8@Z(R$0FZB")4(1B$Z<HQ!Q$\8H[Q`$5MVA$+&(Q"!X(HQC'2,8RBM&+
MY[,$!22`@+T=(GF+*``1YDC'.MKQCG-\0"86@,<^]K$`FO"C(.VX@$P\8)"(
MU",F2!"`1CKRD9",I".1,3D;<A`1<D2D(!5Y"3YJTO^/@,S$)P592$P<<I1X
MY*0E&"G)5K92+'!41"91:4=55L*3M*QC*#&1RSN6\A*G[&4>,\%*5QISDF&)
M92)F*4Q;4@*7PMSE)0I`S6I:\YK8K*80#"E,.CIS$L4\IC%A><E#,+.7WY0$
M-'LI38@%LYG$%*<XR<F(<^8RG9%89R[;^;!WHC.>\AQG,LMI"'O2$I^0T"<M
M^>F)XS6/`!%('RC\>4^`!O25`ZUG-X>)"86BDJ&=^)L@@/>]3U#TH!:]:"3I
M&<>-$@&AC_#H*$'*B=(5(0&KNRD&.W%25,+4$>%4Z2-9*DN7_K01,OTD33=!
MO./YCG*>Z.DHC\J(H`JUD43_7:91]^C2I6JB=`9(@`%L:E.>;G615UUI1ENZ
M4:HN(JF:]&HF;"K!T0W!C69M:TK3&H"L8O*LG>RJ,8:0QD$((&QY[:9;%6'5
MJ_K5G("U!%P1*==,"$X0!HC`1"-;B<8*];$%Y>PS!3LQJ7YRL8GPK$I!6PB#
M^I2K&ZTLO4RK2=0B0K4792TA7#M5V'93MO.B;2+WFE;=#H*WI_5M-"DFW$':
M]A"X#:AQ!>&#;%K7ND!0+CN9*]I)_.`#X`VO>,=+WO!.]S:3'21PY=7<30Y-
MF8TPP/D,=S@(:/9IGTBO(-<;K_;Z\;D8@R\C,,BZ(H1U:T/`;R?T"TKNZE5H
M`EZ$_TT+7`0*/+6L"R:MQ/S;1P`WHFGT=8!]U]>?"">BP!06L2`(JMU].EBQ
MH*!;$0I\X!DKV#8FMJ'49KSCJ]4POQJ.&(=3"8H)[[C"%Y91CA%A9$&(V(T8
MY@2#__AB>'Z">"FV*8LY08'A;>!\$30>?0FQY$/L]!!CSG!LJ_S/*V.OQU#=
MLB82+-;F':YZG4,L]N1\"/DFXL92#K([NSO7-SL9`E`NA@-FF`#?U1`!A=WS
MO*:,1_ZB:LAW]/`B9(R(-+M9$+&K(86QM[H8FGJ%-G#I#4[-ZE8/H0<N[8&K
M0Y@Y$=9ZA7IFA$W7)H@UMG'&>)6TO"A]1TN?"M.UQ!CRQO^:0\U64GR%*#-Z
M!=U/0D-,HHDXL[#C16P[&AM-/%B`N,=-[G*;6]P\R%A$.YWK&?-YVFO.8(G?
M;9MNZU+>\YXTM?%=$6G7>]\6D\`0(#!!`1#@?/([FK_%8F\Z?IM?"5CC\?:&
M``.XKG$*IS?#`4XQ:`\.K\2+,H0U'I:&S_'A])(>V`Q=!,L9;>$EY_C$B$<!
M-S8O;"XO&LPM8G(BH'Q>XHO`"')8!`BH8&Y%S[B^XZVQB"M"VR-?^F\[EO!#
M5%WG).>YS/E]CYU7I.<_Y_HFO$X1L(O]O/]F^MDI0O:(F'WM_<[ZU[<.]ZK)
MO>QTKWLHVIZ/M^L='WS'A]__/H__P-]C\(1'AN'G@?C$2\(`89LAY&_ZQKN[
M/>^.CYP@(E`ZSML7VV2V?-\QGWE#0-K`$]C:!!+0Z,/-<!"+3T;C2]^("4Y@
M>'$V7;1+/>O>>S#5&UVU[X=/_.(;WX/M5L36AD<`%W`>\J4;]8QY?_Q3`[^;
MPJ^^]K?/_1,F/Q$37/'@V(;P&\<>&;.G_:8+^S3KN3[:HA<\Z=5OV$0<KX/Q
M/_S\Z6_@[[\^]%*W7/RW=_G'>/LW@)!P?L>0?@B("0IH#`S8@);P@,40@1)(
M"10H"A9X@9*0@:&P@1R8@`4H>P<8@B<V@NA7@B98>0&X72OH@"BX@"KX@@`X
M;#-(@]N&_RH@B(,GV((NQH,8&(,0>(,XZ(&@L(-`B'\^N%!).`E&V(02\X10
M"#%2.(4(4X56:#!8F(5A,7D&AEE7\W^P)X1<."-28W%IXWD1=61C6(88<WIM
M4SRLYSN+!G]N>#'&8P`X9#NO8W[4UWV`&(B".(C:]WV(@&"(8U]@,U8\9H=W
M6#%YV#6@0S@.4'Z.^(@3<WI1,T/N5X<UB(D3PX:%<'^7Z"]VE3V#,#IB.(5>
M:`BKZ&X&DP!-DSJ"PWDS%FF@V(/_,D'2$T$AEXN,L(5%MF(0E3BX]W[`J(O^
MTHOVE4/.UW*7E8Q*^"^E(W`4<&3$XXG2.(W^8CP1IV!/(W+;F/^#$`=H?(.+
MXTB.$)<(KYB.PIB..$:&\'@J[SB/%E&/]LAV\IB/2K:/_,@?^/B/7>>/`HEV
M!>DO`7F0QY"0"FEW#4DQ#/F0H!"1$LD($15Q@F,]ZU:*%6D;$K4Z&Y``$G`V
MY_-4G]B1MH$\1;`!8Q4ZT-=RFG62*!D69$5THA9L,Y8ZM;.3/-F3/OF30!F4
M0CF41%F41GF42)F42KF43-F4[7B(,]8Y$;!ZK2=]E#>3MK%HS:,ZF34!(W9Z
M6'DF"88]Z!,V#F"(81D6%/!]$8".:?F6<!F75@@`=%F7=GF7>)F7>KF7`""7
MD\"7@!F8@GD;!K`VHP,]A!`U@E.88>/_?FMCCH\0/@IV68BI-HS6?I5$"84I
M4C<5C9=SF8.``*\7C9-`.&E3F>R3<TX#FNSSE(,@F+`9FW9I&PEP<`.7-B.)
M5V@3DER3/"-9B;T9DY/`-G?U5!(@/6LT`4W3-J(3.FXC`"I)";4I<!"0-J,V
M`1+@.L[9.0@0.]F)EA*&/'J3G/BUFZ/#G*P'`6X#.,*9"'J)`CO``BP``RBP
M`B/0`C%0ER<P`B<``"BPGRL``"O``C6``@`@`R.0GWEI&Q.PF*Y383AI.7US
M.,_'B,4HG=)3.*D7;;8C`35W/EL#G9;0H)CE.E:Y-6M$.5OCH18'GHK`:RMF
M5Z+H<BOZH2K:_Y[NF9<G4`,O\`(U<`(&V@(S0)<H(`,H,`(R,`,P$`,C```L
M$`,P4`(`T`)2JI>VP4'+IP*XB&!28SF/=C88>&07='`L20BK1SF70Z,\%G]8
MVHB)Z3MJRJ4(L`$;((J/H)HN=Z:$(&J2DS:@<W3OEI<T,`(O0)<O,`(T``,%
M:I<QP`+_*:4C4`)-6@(G8)\U(`-6*A8YQX@&QD'JTWJK1Y4F*7J<VG)K(P`J
M,)H8M#5E\SX92IIWNIC1)XJQXZJ44S8N]Z`=>&1@<T&TDT:LVJJ]*35HLPAY
MR:2%"@"'&@,RT`+)2I<I(*71"@`C8)\`4`(I``/1V@*9VH4$(#D;$/]1BH-7
M-V0WAR,`OC.5]G5!8$H)W8FNHXH^+N`W3B-BD"=!30,!!E<)6ZDZFC5JJF,Y
M8>8]]EJ;#F"2DJ`X!E=Q\RJF+F"N9K.(^+H[!`">>ID"+%`")3"?*]"L`6JH
MD9JDE<H"3KH")Z"DV]JM8H$`*M!E-_5_$5`],?EZ7B@\E]!HJQ,VPJD][O=_
MD@>KDL"R+AM69%8]C):*Z(.C'4@`#<JSEQ6S0S"SB0E[C;"7,]`"(Y`"`#`#
M)U"ET'H"E7JM)T`#`$`#*;`#_JFM9+N@_"%?2HL/GI8/;IM,;MD)?(D")=`"
M*6"@L@F;?BD)?1NX@/FWD2"XALNVA.L(A[L5N'69N(_`N(SKN(H+N8<KN99;
%0($``#L_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>22
<FILENAME>u50917u5091720.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 u50917u5091720.gif
M1TE&.#EA(@'&`-4\`,#`P("`@/___YFPU9G('0```$!`0,W8ZO#P\&:(OS-@
MJN#@X%"^UXK4Y:"@H&!@8//V^M#0T%!04'!P<-GB[T!JK\7J\K"PL(VFSZ:Z
MVDUTM>;L];/$WUE^NI"0D("<RG.2Q<#.Y3`P,+^_O^_O[\SDCK/65G]_?Q\?
M'\_/S]_?WU]?7R\O+R`@(&]O;S\_/Z^OKY^?GP\/#T]/3X^/CQ`0$-3O]>/T
M^:C?ZTJ4I#">MQ6HRO___P```````````"'Y!`$``#P`+``````B`<8```;_
M0)YP2"P:C\BD<LEL.I_0J'1*K5JOV*QVR^UZO^"P>$PNF\_H=!.3:"<H0_<'
M+J0D>':WN\AN9[(;6"$?:8%J0Q@<7!@*'(:'80D?!Y000PH9!Q@5ECP'"CP0
ME!D*E`=%D@<A%7]7&HI6&"%H&PJ/:@D#6ZN6KY"1ND:E0L.>H$.?2+E"`W=7
MMU0:G50<ITP4K=!BV*C!6<U"AMQ9U;\\R\*G%)Q"R<C'1N@@A$(A&@H@G0D8
M&AK6'!4J>'N#)X$"#;/.\?-7YQZ((1LZ%$P``E:H#PH$"@&HD0<'!1T2<,`P
M0,$`>_@LK=,@\L[(D@/L@*2#@0TKCM8@8/3E\0,(_P7T5A(4DJ!#0&\#`F*H
MLZ]"`G$&.\"AH*'"TC="Z83:9)7IP82,$&X$*?)HF@0LVV@EB^D=$7?Q6';0
M0&=#A5GSB!$:()''W0U+B1V`P,I3A5-`>?`5`@*#SB$CC:GJ*`E"1%U_`W_*
ME)0#A4UX"5'H,"D$J,[8.BS-H(%H/@J),?1E`P%VH*04",\:/6E:T=J->*S:
M`,'7)T7[A*CFP?JB5!ZE>`\>,D##!L"A"A\X#%M4J\W;0V!'DZK2I4PA.@2#
M:TS9)*T>_1UH#OV4NP[YB)3*T)<'AH?#N",;?"#8=PP'K7573P4\X#=-?8KU
MA>`HK9VC2S*+\5!+")388O^A8.WQH,$`E'2@"#@?IAA',!\0XA,E+88(SH8=
MWN;,,.@,P9,0_"$"@EW>@.@@+D%>8LUV[<`38CQ%*C;B`%""Z`X$"52PU@$H
M*G9'@/`P8A&#(28#5S)46FFDELP\&>6'&#KS"910!H(.EWK!>0J*Z.1(5##@
MM`&G(NZ`\R:<-H*H)X34.8,F51U,,TR9\)5Q*(C,5<@>>T1,JF`H4AYC209@
MUK>./G_0R2EL4STD8U^',?/0IZ$.@^*F^EQXFJ)W"5%KIXP%QBF>P1R:YVK]
M61*H,[ERBB:$AZI'Q*A$9=`)"*I"".M9:0T%74A&P7*IDIDVR0,((_K$JU__
M*3K_S`<C_@:A.Y)L\NEW"M14#$`8?&"F52`H2M$FBI([@+D15G?K$*#65.&<
M!K93P0=\W>D,.GP-'(=Z(%002'&Y@&`K,\XDS`_((%9,CW!`6<P#N\TT>L"(
MSKJV2;II4&#*=.V80H0H.UMC!`7:U#,`!YU,QS,>`TB+3"<A#%VT)4=OD,$`
MACB2)`<9W$)!TN(D/0T$&61``7Q-$PU93*=L`-_66==AB-$^2QU3.'0`??8C
M<INM*P<GZ6J-VD.P;0C@GG3"]RUR:U4VTT/O'#:62ILC>1F83F[YY9AG'D;E
MFG?N^>>@'W%TZ*27;OKIJ*>N^NJLM^[ZZ[#'+KL3?,-I__OMN.>N^^Z\]^[[
M[\`'+_SPQ!=O_/'()P^\S[,W[_SST$<O_?345V_]]=AGK_WVW#L/P`(.3+%`
M`-V7WSH`""R!```!`&``^E%(D+[Y]*/N@`,33`"`$!'DC_\"$7!`^PS@@`CT
M+P#]TQ\")N"!(2QP`A%HP?YX<($`%#!\$^#!`R:`/_(%((/U"V$:`D!"'AA`
M".Q+8?M(Z+[V28""#R"?`18@@04,X0$(0,`#3BB$%@1`!.PS(0]$(,0+.$`"
M$Q2A$LE`0AFB<(4J'&#[<.B!$LXP`CSD`0(C$(`LR@\`_4/`"4](10``H(9+
M3&,8S+B_\/%@`=^+(QR_YX#O(?\@`!>`(P\<@``/7(`('FB@&]]HP3W>;X\\
MN.,?'=!`-3KRD9",I"0G2<E*6O*2F,RD)C?)R4YZ\I.@#*4H1TG*4IKRE*A,
MI2I7R<I6NO*5L-QD`"00`2T:X(^QS*41`HF`%_*1B+H,IA!X"4PA"C.8.C0`
M,(-X3&$^X(]BG%\SS3%(,PH!`7R<7B%Y(($6$'":YN#A!?+WQ_=E$9RKY*'\
M>MD_'D`0G:SDH3R#V#XD-/&>^,RG/O?)SW[Z\Y\`#:A`!TK0@AKTH`A-:!.C
MP,,'+&`!#GV`!FUXA/?!,Y0\C,`#:.G.`$@4"1:]Z"=K>4UI4A2D210I+$.J
MTI6F-'3_.&B`3&=*TYK:5*86:.GE6$HZ!NS@IT`-JE"'^M,&Z-1R/`V=3XG*
M5*(:]:B22RKHEMK4JA85JE%]Z52MRM6G8A424OT<5;G*5*]^50UA]=Q8R3I4
MLYX5#6GMW%K9&E2WOM4,<=7<7.EZU;NF(:^9VRM?[>K7,0`6<X*E*V$+&X;#
M7BZQ;%TL8[_@6,M!EJR2G6P7*CNYRW95LV7@K.0\:]7,@E8+HC4'::MJVM-B
M(;6_6&U36^M:*\`6$K(M:VT;JU6Q\M6INP7#;0^16^`&UPO#54-QVWI<Y/96
MK;]E;G.YD-PT+%>HM)WN$ZJ+ANO65;M*`(`W:^F`!PS2"-P]_X-W@9K=X#)3
MC":49A'2:X;U]A6\1Q`O^>CY7/J6P;X[:.]Q/5!'#_8WA@I-<$!U$%VAYD#!
M$(ZPA"<\82K4DL!"+"9ZGRO7!G\7OT=P@`'(QP.-DK2B'-:KA]D+XM>F.+`K
MOF^+J>!?,@!8P#/>\.ENG.,JU'@,/.[Q%'XLAB`+F:$O1FR,`WQD*1`Y#$9N
MLA.>#(8H2YD)5/Z"E:^LA"Q[8<M<1NF.EXSC)GNY"V`.LXY-EV8U$^',7&BS
MFX4`YRW(><YUUL*=W9SG+.Q9S7W&PI_#'.@K#)K+A;;"H:^<Z"HL6LJ-IL*C
MS9SDQY)YSEVNM&4OC6DQLYG37#9Q$O\B/85)'Y>(&IZOICL+:BGSU].E,_5N
M7UW1`MCZUKC.M:YWS>M>^_K7P`ZVL(=-[&(;^]C(3G:R5XV$7L87UDBPP))W
MX+P&3%L+T\XI%DI`@&Y[^]O@#G>W36"&\IY7U4N0]I*K?>TL9#L+W!:WO,5-
M;J2^6-TQ9O>ZW;UD;5\AWO,.^+AW>N]VS\[:^\;"N[<M\(;7>W*`Q?>*]9UO
M?L?8WU8`>,/E_?"LIMO@LD-XQ17>;WAO/.`=#V?!$QYRD%MAX?\^^;Q3_HN(
MNQQV(I^XQ5>,\2IH7.;?ICE85S[REK/\Y25G.-##+?1#V/SH.+\Y%6">\:4S
MG>`?A_KK<N[_86PG/>96#SK6E2#QKC>/ZPWV^L5-'G9O-QVM1-?YP:4^!:J'
M\.E%C]T-+,#WOOO][X#ON]IYGD:\RYV4=J^?X<T^/1M&@*+K$\))O\R`REO^
M\IC/?.5M4/BX,SYZX//`!(!HP@F<$`"XQ.KBTSX]'*8OB.E3Y_804,%;"N$"
MKD^]YE8?7>J]4`CU3.3O)S#Y,"P@\D1(7_''D,%?EMBA+PS`\NV=];P_CX<T
M'(+^@,]L*EP`BZ:_)ND],'TP_%Z(]3PA%SW'^]_Z7@@BJ",%WV=#XI/AA;$7
M`@>O^5$R,//5\L1^GL=ZTH-#7%1"551/YV=\(.1L"%`#(R8$"R@&_[!G`.ES
M`1X`7\:T>P/8>XUW;D00`;H'!LRT?0"001QU3F/P0MWT3;-42^O7.>W'5]53
M?F]4!@N001=`?V+D/C8T@6(`0DA`?@)8?8>'2B^4@/LS/C:D0V=`>\TV@I@#
M6#:@>59XA:ST?4G@`#:H1*162C;8A=+S/234A-G46U_8:5\0`.OS`/!C3GND
M56FHAEWP0@"`0R660>\$A'-(AUJP?N,S0Z_&AQ[`1H9XB(B8B(JXB(S8B([X
MB)`8B9(XB918B99XB9C8?<S$`^P#41.U@4/0AWZ(!4XX`5U4?QXE@6LF!1/T
M4'N4@9PXBFGP4?`C>9)'8F_6?<`W/T`$`/^!)%'R)XMF(())`(OH)@6_MU%)
M)'O"^#FPM7[E95Y"<$C<U(S.J(M!)$`1J(&@:(U3J(M.R'TF)`'25XW>R(%3
MT'_'MSYFA`#C<X[H*`7$.(3R!8\0IXOVJ#JBF(^\Q8_3LX_^Z%P!&3T`.9!;
M4)`&F04(F9!7L)`,Z6/X^)!%*)&QXY`4B607"3L6F9%3%I$<27T?R3H;&9*9
M1I*'D$,EYD`F98NK:))G0&(9)0$<%4,2183'Z)+EADL-]5`1-5'AF(LX>09X
M:$SS9&#F")1!&5JA*($Y1$MZ6$LJ2$&9.)546956>958F95:N8A-,)3B]$%_
MA$3,F)2'X`"X5$W_$X1-Z?.39*D&N+@$7-B6D("23""&<GF78"``>KF7?-F7
M?OF7@!F8>-D$@5F8AGF8>SF83("8C-F8B6DY"\!+G%B.0\!(\V--B91-XT.9
M4X!-G!F+MYB6V<2)$R1`(`@%7%1-DV>9*"2:TN21F5F.XY-2G2AY@Q27*`0%
M@$D",7`"*:"7O:D">TD"-$`#)"``Q`D#>CD")W"<`@`#,0"8EG,!2+2#"!`!
MXC4$ON@!$C5.$U!.[L.);EB/3[``MW1&$V2*V@<`(F!#<.B=X'EB4O!!OOA1
MP<>)OTA!Y&1"X>E._2<%YGD!Z*D_[7E#%T!$-(0_[G1$-G2@Y)D$?YD"_RB`
M`B]0`"L@`"XP`RBPES3@`BQPH2^P`B@``R.``BO``@*@`C*@G']I.2)PF1*%
M`*DF1.ODE.Z$G4.9CFE)1$?TEEH$1D]9HR8DGU%@GD-02/>YE#7:3A!T1E;@
MAN(GCF_&`WXD1">$@3+ZH!#JER_P`LM9`"-``BO@I7IYG"<P`RI0``)P`BNP
M`B<@``6@`B(JG"T*<5,Z>D5P2$7YHX%HER#U9EC$G?,UF3\:@/@CA%&PB;16
MF>&SIU.D3%(X95/:C9Z8?D+$/@X@`B+@HTKPEP7PIGKYJ2D@`]')ER@P`B.@
MIB?0I6\*I@7``G%:IY(C/T^D?TFD@0X%49[H4/^U.@7!UTOLLT-$@$=O)%$1
MQ9-+V9GG5T])BJL\N:M&RHU1\*O1-X)HI*="=#_U-*-;VI<SP`+'&0-@*@"I
MRI=GBIP%0`(NL*XN0`(%``-J^@*@VI>6@T4?9(%51*MT1HX`M%&U9(H298HS
M1`5B1$(B0%**6@.%!+#/1TLGF#]5T*,/8)\I90#\JE$<Q;#4*0&GV00%^T/8
MJ;"#]$/MHT/2B#_R8YX3\)]+\)<J`*L%0*HCP`(HX`)[F0*W)@`GB@(I(*$?
M*@`LP`(R0*?T:CEWU`)Y!)K7Q$9KN9(HI*5/X``MX`$DY8Y#@)U@Q)*)-#\`
M=`40!43*)TWL"#]T>8-?DN>G2B"U5(NU)\9&%'52)W6=N@F8)5JS/?N;>ZD"
MJ#H">ID"=$H"?+N<SNF7F0,^4&L&M$>DAQ!`DY.X9V"8,,"BCLF8BMFRDWNY
6@EFYW8JYG/N8FGL$G1NZ>MD$00``.S\_
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
