<SUBMISSION>
<ACCESSION-NUMBER>0001047469-03-013728
<TYPE>DEF 14A
<PUBLIC-DOCUMENT-COUNT>4
<PERIOD>20030528
<FILING-DATE>20030417
<EFFECTIVENESS-DATE>20030417
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>CONTINENTAL MATERIALS CORP
<CIK>0000024104
<ASSIGNED-SIC>3270
<IRS-NUMBER>362274391
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1228
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>DEF 14A
<ACT>34
<FILE-NUMBER>001-03834
<FILM-NUMBER>03653913
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>225 WEST WACKER
<STREET2>SUITE 1800
<CITY>CHICAGO
<STATE>IL
<ZIP>60606
<PHONE>3126617200
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>225 WEST WACKER
<STREET2>SUITE 1800
<CITY>CHICAGO
<STATE>IL
<ZIP>60606
</MAIL-ADDRESS>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>CONTINENTAL URANIUM INC
<DATE-CHANGED>19660830
</FORMER-COMPANY>
</FILER>
<DOCUMENT>
<TYPE>DEF 14A
<SEQUENCE>1
<FILENAME>a2105658zdef14a.htm
<DESCRIPTION>DEF 14A
<TEXT>
<HTML>
<HEAD>

</HEAD>
<BODY BGCOLOR="#FFFFFF" LINK=BLUE  VLINK=PURPLE>
<BR>
<FONT SIZE=3 ><A HREF="#03CHI2005_1">QuickLinks</A></FONT>
<font size=3> -- Click here to rapidly navigate through this document</font>
<P ALIGN="CENTER"><FONT SIZE=2><B>SCHEDULE 14A INFORMATION</B></FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2>Proxy
Statement Pursuant to Section 14(a) of<BR>
the Securities Exchange Act of 1934 (Amendment No.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;) </FONT></P>

<!-- User-specified TAGGED TABLE -->
<TABLE WIDTH="79%" BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR VALIGN="BOTTOM">
<TD COLSPAN=3 VALIGN="TOP"><FONT SIZE=2>Filed by the Registrant <FONT FACE="WINGDINGS">&#253;</FONT><BR></FONT>
</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=3><FONT SIZE=2>Filed by a Party other than the Registrant <FONT FACE="WINGDINGS">&#111;</FONT></FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=3><FONT SIZE=2><BR>
Check the appropriate box:</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="2%"><FONT SIZE=2><FONT FACE="WINGDINGS">&#111;</FONT></FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="95%"><FONT SIZE=2>Preliminary Proxy Statement</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="2%"><FONT SIZE=2><FONT FACE="WINGDINGS">&#111;</FONT></FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="95%"><FONT SIZE=2><B>Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))</B></FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="2%"><FONT SIZE=2><FONT FACE="WINGDINGS">&#253;</FONT></FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="95%"><FONT SIZE=2>Definitive Proxy Statement</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="2%"><FONT SIZE=2><FONT FACE="WINGDINGS">&#111;</FONT></FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="95%"><FONT SIZE=2>Definitive Additional Materials</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="2%"><FONT SIZE=2><FONT FACE="WINGDINGS">&#111;</FONT></FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="95%"><FONT SIZE=2>Soliciting Material Pursuant to &sect;240.14a-12<BR></FONT>
</TD>
</TR>
</TABLE>
<!-- end of user-specified TAGGED TABLE -->

<!-- User-specified TAGGED TABLE -->
<TABLE WIDTH="83%" BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR VALIGN="TOP">
<TD COLSPAN=5 ALIGN="CENTER"><BR><FONT SIZE=3><B>CONTINENTAL MATERIALS CORPORATION</B></FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=5 ALIGN="CENTER"><HR NOSHADE><FONT SIZE=2>(Name of Registrant as Specified In Its Charter)</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=5 ALIGN="CENTER"><BR><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=5 ALIGN="CENTER"><HR NOSHADE><FONT SIZE=2> (Name of Person(s) Filing Proxy Statement, if other than the Registrant)</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="4%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="90%"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=5><FONT SIZE=2>Payment of Filing Fee (Check the appropriate box):</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="2%"><FONT SIZE=2><FONT FACE="WINGDINGS">&#253;</FONT></FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=3><FONT SIZE=2>No fee required</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="2%"><FONT SIZE=2><FONT FACE="WINGDINGS">&#111;</FONT></FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=3><FONT SIZE=2>Fee computed on table below per Exchange Act Rules 14a-6(i)(4) and&nbsp;0-11</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="4%"><FONT SIZE=2>(1)</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="90%"><FONT SIZE=2>Title of each class of securities to which transaction applies:<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><HR NOSHADE></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="4%"><FONT SIZE=2>(2)</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="90%"><FONT SIZE=2>Aggregate number of securities to which transaction applies:<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><HR NOSHADE></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="4%"><FONT SIZE=2>(3)</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="90%"><FONT SIZE=2>Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined):<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><HR NOSHADE></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="4%"><FONT SIZE=2>(4)</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="90%"><FONT SIZE=2>Proposed maximum aggregate value of transaction:<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><HR NOSHADE></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="4%"><FONT SIZE=2>(5)</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="90%"><FONT SIZE=2>Total fee paid:<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><HR NOSHADE></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="2%"><FONT SIZE=2><FONT FACE="WINGDINGS">&#111;</FONT></FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=3><FONT SIZE=2>Fee paid previously with preliminary materials.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="2%"><FONT SIZE=2><FONT FACE="WINGDINGS">&#111;</FONT></FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=3><FONT SIZE=2>Check box if any part of the fee is offset as provided by Exchange Act Rule&nbsp;0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement
number, or the Form or Schedule and the date of its filing.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="4%"><FONT SIZE=2>(1)</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="90%"><FONT SIZE=2>Amount Previously Paid:<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><HR NOSHADE></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="4%"><FONT SIZE=2>(2)</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="90%"><FONT SIZE=2>Form, Schedule or Registration Statement No.:<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><HR NOSHADE></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="4%"><FONT SIZE=2>(3)</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="90%"><FONT SIZE=2>Filing Party:<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><HR NOSHADE></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="4%"><FONT SIZE=2>(4)</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="90%"><FONT SIZE=2>Date Filed:<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><HR NOSHADE></TD>
</TR>
</TABLE>
<!-- end of user-specified TAGGED TABLE -->

<HR NOSHADE>
<!-- ZEQ.=1,SEQ=1,EFW="2105658",CP="CONTINENTAL MATERIALS CORP.",DN="1",CHK=967782,FOLIO='blank',FILE='DISK012:[03CHI5.03CHI2005]BA2005A.;3',USER='FSTREET',CD='16-APR-2003;20:02' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->
<P ALIGN="CENTER"><FONT SIZE=2><B>CONTINENTAL MATERIALS CORPORATION  </B></FONT></P>

<HR NOSHADE ALIGN="CENTER" WIDTH="120">
<P ALIGN="CENTER"><FONT SIZE=2><B>NOTICE OF ANNUAL MEETING OF STOCKHOLDERS  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The 2003 annual meeting of stockholders of Continental Materials Corporation (the "Company") will be held at The Northern Trust, 50 South LaSalle Street, Chicago,
Illinois 60675 on Wednesday, May&nbsp;28, 2003, at 10:00&nbsp;a.m. CDT, to consider and act upon the following matters: </FONT></P>

<UL>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;The
election of three directors to serve until the 2006 annual meeting or until their successors are elected and qualified; </FONT></P>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;The
ratification of the appointment of PricewaterhouseCoopers LLP as independent certified public accountants to the Company for the fiscal year ending January&nbsp;3,
2004; and </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;&nbsp;The
transaction of such other business as may properly come before the meeting or any adjournment thereof. </FONT></P>

</UL>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Only
stockholders of record at the close of business on April&nbsp;1, 2003 are entitled to notice of and to vote at the annual meeting or any adjournment thereof. A list of these
stockholders will be available for inspection for ten days preceding the meeting at the Company's office, 225 West Wacker Drive, Chicago Illinois, and will also be available for inspection at the
meeting. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accompanying
this notice are the Annual Report for the fiscal year ended December&nbsp;28, 2002, a proxy statement, a form of proxy, and an envelope for returning the executed proxy to
the Company. Stockholders unable to attend the annual meeting in person are requested to date, sign and return the enclosed proxy promptly. </FONT></P>

<!-- User-specified TAGGED TABLE -->
<TABLE WIDTH="76%" BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR VALIGN="TOP">
<TD WIDTH="49%"><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="49%"><FONT SIZE=2><BR>
By Order of the Board of Directors,</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="49%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="49%"><FONT SIZE=2><B>
<IMG SRC="g416919.jpg" ALT="SIGNATURE OF MARK S. NICHTER" WIDTH="306" HEIGHT="60">
 </B></FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="49%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="49%"><FONT SIZE=2>Mark S. Nichter<BR>
Secretary</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD WIDTH="49%" VALIGN="TOP"><FONT SIZE=2><BR>
Chicago, Illinois<BR>
April&nbsp;18, 2003</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="49%" VALIGN="TOP"><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
</TR>
</TABLE>
<!-- end of user-specified TAGGED TABLE -->

<HR NOSHADE>
<!-- ZEQ.=1,SEQ=2,EFW="2105658",CP="CONTINENTAL MATERIALS CORP.",DN="1",CHK=141873,FOLIO='blank',FILE='DISK012:[03CHI5.03CHI2005]BE2005A.;4',USER='FSTREET',CD='16-APR-2003;20:02' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->
<!-- TOC_END -->
<P ALIGN="CENTER"><FONT SIZE=2><B>CONTINENTAL MATERIALS CORPORATION<BR>
225 West Wacker Drive<BR>
Chicago, Illinois 60606  </B></FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2><I>Notice of Annual Meeting of Stockholders<BR>
PROXY STATEMENT  </I></FONT></P>

<HR NOSHADE ALIGN="CENTER" WIDTH="120">
<P ALIGN="CENTER"><FONT SIZE=2><I> <A NAME="bg2005_general_information"> </A>
<A NAME="toc_bg2005_1"> </A>
<BR>    </I></FONT><FONT SIZE=2><B>GENERAL INFORMATION    <BR>  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
enclosed proxy is solicited by and on behalf of the Board of Directors (the "Board") of Continental Materials Corporation, a Delaware corporation (the "Company"), for use at the
annual meeting of the Company's stockholders to be held at 10:00&nbsp;a.m. CDT on May&nbsp;28, 2003, at The Northern Trust, 50 South LaSalle Street, Chicago, Illinois 60675, and is revocable at
any time before it is exercised. Such revocation may be effected by written notice to the Secretary of the Company, by executing a subsequent proxy or by voting at the meeting in person. All proxies
duly executed and received will be voted on all matters presented at the meeting. Where a specification as to any matter is indicated, the proxy will be voted in accordance with such specification.
Where, however, no such specification is indicated, the proxy will be voted for the named nominees, for the ratification of PricewaterhouseCoopers LLP, and in the judgment of the Proxies on any other
proposals. The approximate date on which this proxy statement and the enclosed proxy are first sent or given to stockholders is April&nbsp;18, 2003. </FONT></P>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
holders of record on April&nbsp;1, 2003, of the 1,771,612 outstanding shares of common stock of the Company, are entitled to notice of and to vote at the annual meeting. Each such
share is entitled to one vote. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
three nominees for election as directors at the 2003 annual meeting of stockholders who receive the greatest number of votes cast for the election of directors at that meeting by the
holders of the Company's common stock entitled to vote at that meeting, a quorum being present, shall become directors at the conclusion of the tabulation of votes. An affirmative vote of the holders
of a majority of the voting power of the Company's common stock, present in person or represented by proxy and entitled to vote at the meeting, a quorum being present, is necessary to approve the
ratification of the
appointment of PricewaterhouseCoopers LLP as independent certified public accountants to the Company for the fiscal year ending January&nbsp;3, 2004. Under Delaware law and the Company's Restated
Certificate of Incorporation and By-Laws, the aggregate number of votes entitled to be cast by all stockholders present in person or represented by proxy at the meeting, will be counted
for purposes of determining the presence of a quorum. Abstentions and broker non-votes are counted for purposes of determining the presence or absence of a quorum. If a quorum is present
at the meeting, the total number of votes cast FOR each of these matters will be counted for purposes of determining whether sufficient affirmative votes have been cast. Because the election of
directors is determined on the basis of the greatest number of votes cast, abstentions and broker non-votes have no effect on the election of directors. With respect to other matters,
shares present in person or by proxy but not voted, whether by abstention, broker non-vote, or otherwise, have the same legal effect as a vote AGAINST the matter even though the
stockholder or interested parties analyzing the results of the voting may interpret such a vote differently. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stockholders
may change their vote at any time prior to the vote at the annual meeting. Record holders may accomplish this by granting a new proxy bearing a later date (which
automatically revokes the earlier proxy), by providing a written notice of revocation to the Secretary of the Company prior to the annual meeting, or by attending the annual meeting and voting in
person. Beneficial owners may change their vote by submitting new voting instructions to their broker, trustee or nominee, or, if the beneficial owner has obtained a proxy from his or her broker or
nominee giving the beneficial owner the right to vote the shares, by attending the meeting and voting in person. </FONT></P>

<HR NOSHADE>
<!-- ZEQ.=1,SEQ=3,EFW="2105658",CP="CONTINENTAL MATERIALS CORP.",DN="1",CHK=921254,FOLIO='blank',FILE='DISK012:[03CHI5.03CHI2005]BG2005A.;5',USER='FSTREET',CD='16-APR-2003;20:03' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->
<P ALIGN="CENTER"><FONT SIZE=2><A
NAME="page_de2005_1_2"> </A> </FONT></P>

<!-- TOC_END -->
<P ALIGN="CENTER"><FONT SIZE=2><A
NAME="de2005_proposal_1_board_of_directors"> </A>
<A NAME="toc_de2005_1"> </A>
<BR></FONT><FONT SIZE=2><B>PROPOSAL 1<BR>  BOARD OF DIRECTORS    <BR>  </B></FONT></P>

<P><FONT SIZE=2><B>Election of Directors  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Company has a Board of Directors consisting of nine persons, divided into three classes. At this year's annual meeting three directors will be elected to
serve for a term of three years or until their successors are elected and qualified. It is the intention of the persons named in the accompanying form of proxy to vote for the nominees named below.
Management has no reason to believe that any nominee will be unable to serve. If any nominee should not be available, the proxies will vote for the election of such persons designated by them as are
expected to continue, as nearly as possible, the existing management goals of the Company. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT
SIZE=2><B>The Board of Directors recommends that stockholders vote "FOR" the Company's nominees as Directors.</B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<TABLE WIDTH="82%" BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR VALIGN="BOTTOM">
<TH WIDTH="34%" ALIGN="CENTER"><FONT SIZE=1><B>Name, Age and Other<BR>
Positions, if any,<BR>
with Company</B></FONT><HR NOSHADE></TH>
<TH WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH WIDTH="10%" ALIGN="CENTER"><FONT SIZE=1><B>Served as<BR>
Director<BR>
Since</B></FONT><HR NOSHADE></TH>
<TH WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH WIDTH="35%" ALIGN="CENTER"><FONT SIZE=1><B>Business Experience</B></FONT><HR NOSHADE></TH>
<TH WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH WIDTH="14%" ALIGN="CENTER"><FONT SIZE=1><B>Current Term<BR>
As Director<BR>
Expires</B></FONT><HR NOSHADE></TH>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="TOP">
<TD WIDTH="34%"><FONT SIZE=2><I>Nominee Directors</I></FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="10%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="35%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="14%"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="TOP">
<TD WIDTH="34%"><FONT SIZE=2><BR>
Thomas H. Carmody, 56</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="10%" ALIGN="RIGHT"><FONT SIZE=2><BR>
1994</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="35%"><FONT SIZE=2><BR>
Chief Executive Officer of Summitt International, LLC, a sports marketing and distribution company, since 1999. Mr. Carmody previously held the same position with Continental Sports Group, LLC, a sports marketing and distribution company, from 1998
to 1999. Mr. Carmody was previously Consultant to the Chairman and Chief Executive Officer of Reebok International, Ltd., a publicly traded footwear, apparel and fitness equipment company, from 1996 to 1998.</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="14%" ALIGN="RIGHT"><FONT SIZE=2><BR>
2003</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="TOP">
<TD WIDTH="34%"><FONT SIZE=2><BR>
Ronald J. Gidwitz, 58</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="10%" ALIGN="RIGHT"><FONT SIZE=2><BR>
1974</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="35%"><FONT SIZE=2><BR>
Partner in GCG Partners, a strategic consulting and equity capital firm since 1998. Mr. Gidwitz was previously President of Helene Curtis, a producer of personal care products, from 1979 to 1998 and Chief Executive Officer from 1985 to
1998.</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="14%" ALIGN="RIGHT"><FONT SIZE=2><BR>
2003</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="TOP">
<TD WIDTH="34%"><FONT SIZE=2><BR>
Darrell M. Trent, 64</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="10%" ALIGN="RIGHT"><FONT SIZE=2><BR>
1997</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="35%"><FONT SIZE=2><BR>
Chairman of the Board and Chief Executive Officer of Acton Development Company, Inc., a real estate development and property management company, since 1988.</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="14%" ALIGN="RIGHT"><FONT SIZE=2><BR>
2003</FONT></TD>
</TR>
</TABLE>
<!-- end of user-specified TAGGED TABLE -->

<P ALIGN="CENTER"><FONT SIZE=2>2</FONT></P>

<HR NOSHADE>
<!-- ZEQ.=1,SEQ=4,EFW="2105658",CP="CONTINENTAL MATERIALS CORP.",DN="1",CHK=424249,FOLIO='2',FILE='DISK012:[03CHI5.03CHI2005]DE2005A.;10',USER='FSTREET',CD='16-APR-2003;20:03' -->
<A NAME="page_de2005_1_3"> </A>

<!-- User-specified TAGGED TABLE -->
<TABLE WIDTH="100%" BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR VALIGN="BOTTOM">
<TH WIDTH="37%" ALIGN="CENTER"><FONT SIZE=1><B>Name, Age and Other<BR>
Positions, if any,<BR>
with Company</B></FONT><HR NOSHADE></TH>
<TH WIDTH="3%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH WIDTH="9%" ALIGN="CENTER"><FONT SIZE=1><B>Served as Director Since</B></FONT><HR NOSHADE></TH>
<TH WIDTH="3%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH WIDTH="37%" ALIGN="CENTER"><FONT SIZE=1><B>Business Experience</B></FONT><HR NOSHADE></TH>
<TH WIDTH="3%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH WIDTH="11%" ALIGN="CENTER"><FONT SIZE=1><B>Current Term As Director Expires</B></FONT><HR NOSHADE></TH>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="TOP">
<TD WIDTH="37%"><FONT SIZE=2><I>Continuing Directors</I></FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="9%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="37%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="11%"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="TOP">
<TD WIDTH="37%"><FONT SIZE=2><BR>
James G. Gidwitz, 56,<BR>
&nbsp;&nbsp;&nbsp;&nbsp;Chairman of the Board and Chief Executive Officer</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="9%" ALIGN="RIGHT"><FONT SIZE=2><BR>
1978</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="37%"><FONT SIZE=2><BR>
Chairman of the Board and Chief Executive Officer of the Company since 1983.</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="11%" ALIGN="RIGHT"><FONT SIZE=2><BR>
2004</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="TOP">
<TD WIDTH="37%"><FONT SIZE=2><BR>
Betsy R. Gidwitz, 62</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="9%" ALIGN="RIGHT"><FONT SIZE=2><BR>
1996</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="37%"><FONT SIZE=2><BR>
Former Professor from Massachusetts Institute of Technology.</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="11%" ALIGN="RIGHT"><FONT SIZE=2><BR>
2004</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="TOP">
<TD WIDTH="37%"><FONT SIZE=2><BR>
Joseph J. Sum, 55,<BR>
&nbsp;&nbsp;&nbsp;&nbsp;Vice President and Treasurer</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="9%" ALIGN="RIGHT"><FONT SIZE=2><BR>
1989</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="37%"><FONT SIZE=2><BR>
Vice President and Treasurer of the Company since 1988. Mr. Sum previously served as Assistant Treasurer of the Company from 1978 through August 1988, Controller from 1979 through January 1989 and Secretary from 1983 through February
1993.</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="11%" ALIGN="RIGHT"><FONT SIZE=2><BR>
2004</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="TOP">
<TD WIDTH="37%"><FONT SIZE=2><BR>
Ralph W. Gidwitz, 67</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="9%" ALIGN="RIGHT"><FONT SIZE=2><BR>
1984</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="37%"><FONT SIZE=2><BR>
President, Chief Executive Officer and Director of Financial Capital, LLC, a financial consulting company, since 1996.</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="11%" ALIGN="RIGHT"><FONT SIZE=2><BR>
2005</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="TOP">
<TD WIDTH="37%"><FONT SIZE=2><BR>
Peter E. Thieriot, 60</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="9%" ALIGN="RIGHT"><FONT SIZE=2><BR>
2001</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="37%"><FONT SIZE=2><BR>
General Manager of Elk Mountain Ranch Company, LLC, a privately owned livestock ranch, since 1993.</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="11%" ALIGN="RIGHT"><FONT SIZE=2><BR>
2005</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="TOP">
<TD WIDTH="37%"><FONT SIZE=2><BR>
Theodore R. Tetzlaff, 58</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="9%" ALIGN="RIGHT"><FONT SIZE=2><BR>
1981</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="37%"><FONT SIZE=2><BR>
Partner in the law firm of McGuireWoods LLP since January 2002, Managing Partner of its Chicago office and member of its governing Board of Partners. Partner in the Chicago law firm of Jenner &amp; Block from 1982 through 2001. Mr. Tetzlaff also
served as General Counsel of Tenneco, Inc., an oil and gas company, from 1992 to 1999.</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="11%" ALIGN="RIGHT"><FONT SIZE=2><BR>
2005</FONT></TD>
</TR>
</TABLE>
<!-- end of user-specified TAGGED TABLE -->


<P><FONT SIZE=2><I>Family Relationships  </I></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;James&nbsp;G. Gidwitz and Ronald J. Gidwitz are sons of Gerald&nbsp;S. Gidwitz. The late Joseph&nbsp;L. Gidwitz was Gerald S. Gidwitz's brother.
Ralph&nbsp;W. Gidwitz is a son of, and Betsy&nbsp;R. Gidwitz is a daughter of, Joseph&nbsp;L. Gidwitz. Gerald&nbsp;S. Gidwitz, together with his descendants as well as the descendants of
Joseph&nbsp;L. Gidwitz are herein referred to as the "Gidwitz Family." See "SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT." </FONT></P>


<P><FONT SIZE=2><B>Corporate Governance/Board of Directors  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Board of Directors recognizes the importance of good corporate governance as a means of addressing the needs of the Company's stockholders, employees,
customers and community. Pursuant to the Delaware General Corporation Law, under which the Company is organized, the business, property </FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2>3</FONT></P>

<HR NOSHADE>
<!-- ZEQ.=2,SEQ=5,EFW="2105658",CP="CONTINENTAL MATERIALS CORP.",DN="1",CHK=307336,FOLIO='3',FILE='DISK012:[03CHI5.03CHI2005]DE2005A.;10',USER='FSTREET',CD='16-APR-2003;20:03' -->
<A NAME="page_de2005_1_4"> </A>
<BR>

<P><FONT SIZE=2>
and affairs of the Company are managed under the direction of the Board of Directors. Members of the Board are kept informed of the Company's business through discussions with the Chairman and
management, by reviewing monthly financial and operational summaries and other materials prepared for them by management and by participating in meetings of the Board and its committees. During 2002,
the Board held four meetings and the committees held a total of seven meetings. All directors attended 75% or more of the aggregate number of meetings of the Board of Directors and the Committees of
the Board of Directors during the time when they served. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Board of Directors has determined, after careful review, that it meets the American Stock Exchange's requirement regarding independence of the directors serving on the Audit
Committee of the Board. </FONT></P>

<P><FONT SIZE=2><B>Disclosure Controls and Procedures  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Company has established disclosure controls and procedures designed to ensure that financial and non-financial information required to be
disclosed by the Company in the reports it files or submits under the Securities Exchange Act of 1934, as amended, is recorded, processed, summarized and reported on a timely basis. These controls and
procedures are designed to ensure that such information is accumulated and communicated to management, including the Chief Executive Officer and Chief Financial Officer, to allow for timely decisions
regarding required disclosure. Each quarter, the Company carries out an evaluation, under the supervision and with the participation of the Chief Executive Officer and Chief Financial Officer, as well
as other members of the Company's management team, of the effectiveness of the Company's disclosure controls and procedures. </FONT></P>

<P><FONT SIZE=2><B>Committees of the Board  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Company's Board of Directors has established an Audit Committee and a Compensation Committee. There is no standing nominating committee or other committee
performing similar functions. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
primary function of the Audit Committee is to assist the Board of Directors in fulfilling its oversight responsibilities by reviewing: the financial reports and other financial
information provided by the Company to any governmental body or the public; the Company's systems of internal controls regarding finance, accounting, legal compliance and ethics that management and
the Board have established; and the Company's auditing, accounting and financial reporting processes generally. During 2002, the Audit Committee was composed of Theodore&nbsp;R. Tetzlaff,
Ralph&nbsp;W. Gidwitz and Darrell&nbsp;M. Trent. Its duties and responsibilities are set forth in a written charter adopted and approved by the Board on May&nbsp;24, 2000. See "AUDIT COMMITTEE
REPORT." There were five Audit Committee meetings in fiscal year 2002. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Compensation Committee was composed of Ronald J. Gidwitz and Theodore R. Tetzlaff in 2002. See "COMPENSATION COMMITTEE REPORT" for discussion of responsibilities. The Compensation
Committee held two meetings, attended by both members, in fiscal year 2002. </FONT></P>

<P><FONT SIZE=2><B>Director's Compensation  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each director who is not an officer or employee of the Company receives a set fee of $10,000 per year, plus additional fees of $500 for each board meeting or
board committee meeting which he or she attends, with a $5,000 cap on the aggregate meeting fee. </FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2><A
NAME="de2005_audit_committee_report"> </A>
<A NAME="toc_de2005_2"> </A>
<BR></FONT><FONT SIZE=2><B>AUDIT COMMITTEE REPORT    <BR>  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following is the report of the Continental Materials Corporation Audit Committee with respect to the Company's audited financial statements for the fiscal
year ended December&nbsp;28, 2002. </FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2>4</FONT></P>

<HR NOSHADE>
<!-- ZEQ.=3,SEQ=6,EFW="2105658",CP="CONTINENTAL MATERIALS CORP.",DN="1",CHK=523214,FOLIO='4',FILE='DISK012:[03CHI5.03CHI2005]DE2005A.;10',USER='FSTREET',CD='16-APR-2003;20:03' -->
<A NAME="page_de2005_1_5"> </A>
<BR>

<P><FONT SIZE=2><B>Charter  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Audit Committee's duties and responsibilities are set forth in a written charter, which was initially adopted and approved by the Board on May&nbsp;24,
2000. The Committee reviews and reassesses the adequacy of the formal written charter on an annual basis. </FONT></P>

<P><FONT SIZE=2><B>Review and Discussions with Management  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Committee has reviewed and discussed the Company's audited financial statements with management. The Committee also reviewed and discussed with management the
selection, application and disclosure of critical accounting policies of the Company and the Company's internal control procedures. </FONT></P>

<P><FONT SIZE=2><B>Review and Discussions with Independent Auditors  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Committee has discussed with PricewaterhouseCoopers LLP (PwC), the Company's independent auditors, the matters required to be discussed by Statement on
Auditing Standards No.&nbsp;61, </FONT><FONT SIZE=2><I>Codification of Statements on Auditing Standards</I></FONT><FONT SIZE=2>, regarding the auditor's judgments about the quality of the Company's
accounting principles as applied in its financial reporting. The Committee has discussed with PwC the selection, application and disclosure of the Company's critical accounting policies. The Committee
has also discussed with PwC the audit plan, scope, identification of audit risks and the Company's internal control procedures. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Committee has received written disclosures and the letter from PwC required by Independence Standards Board Standard No.&nbsp;1</FONT><FONT SIZE=2><I>, Independence Discussions
with Audit Committees</I></FONT><FONT SIZE=2>, and has discussed with PwC their independence. </FONT></P>


<P><FONT SIZE=2><B>Audit Fees  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fees for services performed by PwC during 2002 relating to the audit of the consolidated annual financial statements, including review of the financial statements
included in the Company's Reports on From 10-Q, aggregated approximately $180,800. </FONT></P>

<P><FONT SIZE=2><B>All Other Fees  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fees for all other services performed by PwC, including income tax planning and advice, audits of the 401K plans and the opening balance sheet of McKinney Door
and Hardware,&nbsp;Inc. acquired as of April&nbsp;1, 2002 and other consulting services, aggregated approximately $99,000. The Audit Committee has considered whether the provision of the services
other than audit services referenced above is compatible with maintenance of the principal accountants' independence. </FONT></P>

<P><FONT SIZE=2><B>Conclusion  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Based on the review and discussions referred to above, the Committee recommended to the Board of Directors that its audited financial statements be included in
the Company's Annual Report on Form&nbsp;10-K for the fiscal year ended December&nbsp;28, 2002 for filing with the Securities and Exchange Commission. </FONT></P>

<P><FONT SIZE=2><B>Submitted by the Audit Committee of the Board of Directors<BR>  </B></FONT><FONT SIZE=2>Theodore R. Tetzlaff (Chairman)<BR>
Ralph W. Gidwitz<BR>
Darrell M. Trent </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
information contained in the foregoing report shall not be deemed to be "soliciting material" or to be "filed" with the Securities and Exchange Commission, nor shall such information
be incorporated by reference into any future filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, except to the extent that the Company specifically
incorporates it by reference in such filing. </FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2>5</FONT></P>

<HR NOSHADE>
<!-- ZEQ.=4,SEQ=7,EFW="2105658",CP="CONTINENTAL MATERIALS CORP.",DN="1",CHK=511057,FOLIO='5',FILE='DISK012:[03CHI5.03CHI2005]DE2005A.;10',USER='FSTREET',CD='16-APR-2003;20:03' -->
<A NAME="page_de2005_1_6"> </A>
<P ALIGN="CENTER"><FONT SIZE=2><A
NAME="de2005_executive_compensation"> </A>
<A NAME="toc_de2005_3"> </A>
<BR></FONT><FONT SIZE=2><B>EXECUTIVE COMPENSATION    <BR>  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following table summarizes the compensation of the Company's chief executive officer and its two other executive officers for the years 2000 through 2002. </FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2><A
NAME="de2005_summary_compensation_table"> </A>
<A NAME="toc_de2005_4"> </A>
<BR></FONT><FONT SIZE=2><B>SUMMARY COMPENSATION TABLE    <BR>  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<TABLE WIDTH="100%" BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR VALIGN="BOTTOM">
<TH WIDTH="14%" ALIGN="LEFT"><FONT SIZE=1>&nbsp;</FONT><BR></TH>
<TH WIDTH="1%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH WIDTH="4%" ALIGN="LEFT"><FONT SIZE=1>&nbsp;</FONT><BR></TH>
<TH WIDTH="1%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=8 ALIGN="CENTER"><FONT SIZE=1><B>Annual Compensation<BR> </B></FONT><HR NOSHADE></TH>
<TH WIDTH="1%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=5 ALIGN="CENTER"><FONT SIZE=1><B>Long-Term Compensation<BR> </B></FONT><HR NOSHADE></TH>
<TH WIDTH="1%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="LEFT"><FONT SIZE=1>&nbsp;</FONT><BR></TH>
<TH WIDTH="1%"><FONT SIZE=1>&nbsp;</FONT></TH>
</TR>
<TR VALIGN="BOTTOM">
<TH WIDTH="14%" ALIGN="LEFT"><FONT SIZE=1>&nbsp;</FONT><BR></TH>
<TH WIDTH="1%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH WIDTH="4%" ALIGN="LEFT"><FONT SIZE=1>&nbsp;</FONT><BR></TH>
<TH WIDTH="1%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="LEFT"><FONT SIZE=1>&nbsp;</FONT><BR></TH>
<TH WIDTH="1%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="LEFT"><FONT SIZE=1>&nbsp;</FONT><BR></TH>
<TH WIDTH="1%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="LEFT"><FONT SIZE=1>&nbsp;</FONT><BR></TH>
<TH WIDTH="1%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=3 ALIGN="CENTER"><FONT SIZE=1><B>Awards<BR> </B></FONT><HR NOSHADE></TH>
<TH WIDTH="1%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH WIDTH="9%" ALIGN="CENTER"><FONT SIZE=1><B>Payouts<BR> </B></FONT><HR NOSHADE></TH>
<TH WIDTH="1%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="LEFT"><FONT SIZE=1>&nbsp;</FONT><BR></TH>
<TH WIDTH="1%"><FONT SIZE=1>&nbsp;</FONT></TH>
</TR>
<TR VALIGN="BOTTOM">
<TH WIDTH="14%" ALIGN="CENTER"><FONT SIZE=1><B>Name and Principal<BR>
Position</B></FONT><HR NOSHADE></TH>
<TH WIDTH="1%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH WIDTH="4%" ALIGN="CENTER"><FONT SIZE=1><B>Year</B></FONT><HR NOSHADE></TH>
<TH WIDTH="1%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER"><FONT SIZE=1><B>Salary</B></FONT><HR NOSHADE></TH>
<TH WIDTH="1%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER"><FONT SIZE=1><B>Bonus</B></FONT><HR NOSHADE></TH>
<TH WIDTH="1%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER"><FONT SIZE=1><B>Other Annual<BR>
Compensation&nbsp;(1)</B></FONT><HR NOSHADE></TH>
<TH WIDTH="1%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH WIDTH="8%" ALIGN="CENTER"><FONT SIZE=1><B>Restricted<BR>
Stock<BR>
Awards</B></FONT><HR NOSHADE></TH>
<TH WIDTH="1%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH WIDTH="6%" ALIGN="CENTER"><FONT SIZE=1><B>Stock<BR>
Options<BR>
(#)</B></FONT><HR NOSHADE></TH>
<TH WIDTH="1%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH WIDTH="9%" ALIGN="CENTER"><FONT SIZE=1><B>Long-Term<BR>
Incentive<BR>
Plan<BR>
Payouts</B></FONT><HR NOSHADE></TH>
<TH WIDTH="1%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER"><FONT SIZE=1><B>All Other<BR>
Compensation&nbsp;(2)</B></FONT><HR NOSHADE></TH>
<TH WIDTH="1%"><FONT SIZE=1>&nbsp;</FONT></TH>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="TOP">
<TD WIDTH="14%"><FONT SIZE=1>James G. Gidwitz<BR>
Chairman and Chief<BR>
Executive Officer</FONT></TD>
<TD WIDTH="1%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="4%" ALIGN="RIGHT"><FONT SIZE=1>2002<BR>
2001<BR>
2000</FONT></TD>
<TD WIDTH="1%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=1>$<BR><BR></FONT></TD>
<TD WIDTH="6%" ALIGN="RIGHT"><FONT SIZE=1>442,400<BR>
425,400<BR>
409,000</FONT></TD>
<TD WIDTH="1%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=1>$<BR><BR></FONT></TD>
<TD WIDTH="6%" ALIGN="RIGHT"><FONT SIZE=1>118,000<BR>
273,200<BR>
245,000</FONT></TD>
<TD WIDTH="1%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="14%" ALIGN="RIGHT"><FONT SIZE=1>&#151;<BR>
&#151;<BR>
&#151;</FONT></TD>
<TD WIDTH="1%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="8%" ALIGN="CENTER"><FONT SIZE=1>None<BR>
None<BR>
None</FONT></TD>
<TD WIDTH="1%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="6%" ALIGN="RIGHT"><FONT SIZE=1>None<BR>
None<BR>
None</FONT></TD>
<TD WIDTH="1%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="9%" ALIGN="CENTER"><FONT SIZE=1>None<BR>
None<BR>
None</FONT></TD>
<TD WIDTH="1%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=1>$<BR><BR></FONT></TD>
<TD WIDTH="14%" ALIGN="RIGHT"><FONT SIZE=1>(100,271<BR>
(47,063<BR>
(45,894</FONT></TD>
<TD WIDTH="1%"><FONT SIZE=1>)<BR>)<BR>)</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="TOP">
<TD WIDTH="14%"><FONT SIZE=1><BR>
Joseph J. Sum<BR>
Vice President and Chief<BR>
Financial Officer</FONT></TD>
<TD WIDTH="1%"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
<TD WIDTH="4%" ALIGN="RIGHT"><FONT SIZE=1><BR>
2002<BR>
2001<BR>
2000</FONT></TD>
<TD WIDTH="1%"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
<TD WIDTH="6%" ALIGN="RIGHT"><FONT SIZE=1><BR>
203,900<BR>
196,000<BR>
188,500</FONT></TD>
<TD WIDTH="1%"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
<TD WIDTH="6%" ALIGN="RIGHT"><FONT SIZE=1><BR>
46,000<BR>
86,000<BR>
83,000</FONT></TD>
<TD WIDTH="1%"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=1><BR><BR><BR>$</FONT></TD>
<TD WIDTH="14%" ALIGN="RIGHT"><FONT SIZE=1><BR>
&#151;<BR>
&#151;<BR>
116,813</FONT></TD>
<TD WIDTH="1%"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
<TD WIDTH="8%" ALIGN="CENTER"><FONT SIZE=1><BR>
None<BR>
None<BR>
None</FONT></TD>
<TD WIDTH="1%"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
<TD WIDTH="6%" ALIGN="RIGHT"><FONT SIZE=1><BR>
None<BR>
None<BR>
None</FONT></TD>
<TD WIDTH="1%"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
<TD WIDTH="9%" ALIGN="CENTER"><FONT SIZE=1><BR>
None<BR>
None<BR>
None</FONT></TD>
<TD WIDTH="1%"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
<TD WIDTH="14%" ALIGN="RIGHT"><FONT SIZE=1><BR>
14,914<BR>
35,966<BR>
38,136</FONT></TD>
<TD WIDTH="1%"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="TOP">
<TD WIDTH="14%"><FONT SIZE=1><BR>
Mark S. Nichter<BR>
Secretary&nbsp;(3)</FONT></TD>
<TD WIDTH="1%"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
<TD WIDTH="4%" ALIGN="RIGHT"><FONT SIZE=1><BR>
2002<BR>
2001<BR>
2000</FONT></TD>
<TD WIDTH="1%"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
<TD WIDTH="6%" ALIGN="RIGHT"><FONT SIZE=1><BR>
119,000<BR>
114,400<BR>
110,000</FONT></TD>
<TD WIDTH="1%"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
<TD WIDTH="6%" ALIGN="RIGHT"><FONT SIZE=1><BR>
21,000<BR>
39,000<BR>
36,500</FONT></TD>
<TD WIDTH="1%"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
<TD WIDTH="14%" ALIGN="RIGHT"><FONT SIZE=1><BR>
18,290<BR>
24,022<BR>
&#151;</FONT></TD>
<TD WIDTH="1%"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
<TD WIDTH="8%" ALIGN="CENTER"><FONT SIZE=1><BR>
None<BR>
None<BR>
None</FONT></TD>
<TD WIDTH="1%"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
<TD WIDTH="6%" ALIGN="RIGHT"><FONT SIZE=1><BR>
None<BR>
None<BR>
None</FONT></TD>
<TD WIDTH="1%"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
<TD WIDTH="9%" ALIGN="CENTER"><FONT SIZE=1><BR>
None<BR>
None<BR>
None</FONT></TD>
<TD WIDTH="1%"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
<TD WIDTH="14%" ALIGN="RIGHT"><FONT SIZE=1><BR>
14,220<BR>
22,635<BR>
24,331</FONT></TD>
<TD WIDTH="1%"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
</TR>
</TABLE>
<!-- end of user-specified TAGGED TABLE -->

<HR NOSHADE ALIGN="LEFT" WIDTH="120">
<DL compact>
<DT style='margin-bottom:-11pt;'><FONT SIZE=1>(1)</FONT></DT><DD><FONT SIZE=1>For
Mr.&nbsp;Sum, the amount shown represents the dollar value of the difference between the price paid for common stock upon exercise of stock options and the fair market value of
such stock at the date of purchase. Where no amounts are shown, Other Annual Compensation does not exceed the reporting thresholds.
<BR><BR></FONT></DD><DT style='margin-bottom:-11pt;'><FONT SIZE=1>(2)</FONT></DT><DD><FONT SIZE=1>All
other compensation includes employer cash contributions to the Company's 401(k) Plan. For Messrs.&nbsp;Gidwitz and Sum, these amounts also include (a)&nbsp;amounts deferred
under a Supplemental Profit Sharing Plan and (b)&nbsp;imputed gain or loss on the deferred balances. The imputed gain or loss is determined by applying the same rate of return to the deferred
balances as the employee has realized on his 401(k) Plan investments exclusive of investments in the Company's common stock, if any.
<BR><BR></FONT></DD><DT style='margin-bottom:-11pt;'><FONT SIZE=1>(3)</FONT></DT><DD><FONT SIZE=1>Mr.&nbsp;Nichter
is 52&nbsp;years old and has served as the Company's Secretary since 1992 and Corporate Controller since 1989. </FONT></DD></DL>

<P><FONT SIZE=2><B>Stock Options  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Company's Amended and Restated 1994 Stock Option Plan provides for the granting of stock options to attract, retain and reward key managerial employees of the
Company or its subsidiaries. The Stock Option Plan provides that grants of options and option prices will be established by the Compensation Committee of the Board of Directors. Option prices may not
be less than the fair market value of the stock at the date of the grant. In the following table, all quantities and amounts have been restated for the June&nbsp;1999 reverse and forward stock
split. There were no options granted in 2002. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
following table sets forth the activity for 2002 regarding the number of shares acquired on exercise of options, the value realized, the number of shares for which options were
outstanding and the value of those options as of the fiscal year end. </FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2><A
NAME="de2005_aggregated_option_exercises_in__agg03204"> </A>
<A NAME="toc_de2005_5"> </A>
<BR></FONT><FONT SIZE=2><B>Aggregated Option Exercises in Last Fiscal Year<BR>  and Fiscal Year-End Option Values    <BR>  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<TABLE WIDTH="100%" BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR VALIGN="BOTTOM">
<TH WIDTH="27%" ALIGN="CENTER"><FONT SIZE=1><B>Name</B></FONT><HR NOSHADE></TH>
<TH WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH WIDTH="15%" ALIGN="CENTER"><FONT SIZE=1><B>Shares Acquired<BR>
on Exercise (#)</B></FONT><HR NOSHADE></TH>
<TH WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH WIDTH="12%" ALIGN="CENTER"><FONT SIZE=1><B>Value Realized ($)</B></FONT><HR NOSHADE></TH>
<TH WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH WIDTH="16%" ALIGN="CENTER"><FONT SIZE=1><B>Exercisable/<BR>
Unexercisable (#)</B></FONT><HR NOSHADE></TH>
<TH WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER"><FONT SIZE=1><B>Value of<BR>
Unexercised In-the-<BR>
Money Options at<BR>
FY-End Exercisable/<BR>
Unexercisable</B></FONT><HR NOSHADE></TH>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="TOP">
<TD WIDTH="27%"><FONT SIZE=2>James G. Gidwitz</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="15%" ALIGN="RIGHT"><FONT SIZE=2>0</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="12%" ALIGN="RIGHT"><FONT SIZE=2>0</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="16%" ALIGN="RIGHT"><FONT SIZE=2>60,000/0</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>$</FONT></TD>
<TD WIDTH="19%" ALIGN="RIGHT"><FONT SIZE=2>1,232,250/0</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="TOP">
<TD WIDTH="27%"><FONT SIZE=2>Joseph J. Sum</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="15%" ALIGN="RIGHT"><FONT SIZE=2>0</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="12%" ALIGN="RIGHT"><FONT SIZE=2>0</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="16%" ALIGN="RIGHT"><FONT SIZE=2>13,400/0</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="19%" ALIGN="RIGHT"><FONT SIZE=2>268,538/0</FONT></TD>
</TR>
</TABLE>
<!-- end of user-specified TAGGED TABLE -->

<P ALIGN="CENTER"><FONT SIZE=2>6</FONT></P>

<HR NOSHADE>
<!-- ZEQ.=5,SEQ=8,EFW="2105658",CP="CONTINENTAL MATERIALS CORP.",DN="1",CHK=1027834,FOLIO='6',FILE='DISK012:[03CHI5.03CHI2005]DE2005A.;10',USER='FSTREET',CD='16-APR-2003;20:03' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->
<P ALIGN="CENTER"><FONT SIZE=2><A
NAME="page_dg2005_1_7"> </A> </FONT></P>

<!-- TOC_END -->
<P ALIGN="CENTER"><FONT SIZE=2><A
NAME="dg2005_compensation_committee_report"> </A>
<A NAME="toc_dg2005_1"> </A>
<BR></FONT><FONT SIZE=2><B>COMPENSATION COMMITTEE REPORT    <BR>  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Compensation Committee of the Board of Directors has furnished the following report on executive compensation. </FONT></P>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Executive Compensation Program is administered by the Compensation Committee of the Board of Directors (the "Committee"). The Committee's major responsibilities are: </FONT></P>

<UL>
<DL compact>
<DT style='margin-bottom:-11pt;'><FONT SIZE=2>1.</FONT></DT><DD><FONT SIZE=2>Reviewing
the Company's major compensation and benefit practices, policies and programs including administration of the Company's Amended and Restated 1994 Stock Option Plan with
respect to executive officers; and </FONT></DD><DT style='margin-bottom:-11pt;'><FONT SIZE=2>2.</FONT></DT><DD><FONT SIZE=2>Reviewing
executive officers' salaries and bonuses. </FONT></DD></DL>
</UL>

<P><FONT SIZE=2><B>Compensation Philosophy  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;It is the philosophy of the Company to ensure that executive compensation is linked to corporate performance. Accordingly, in years in which performance goals are
achieved or exceeded, executive compensation should be higher than in years in which the performance is below expectation. At the same time, the Committee is cognizant of its need to offer
compensation that is competitive. By providing the opportunity for compensation that is comparable to the levels offered by other similarly situated companies, the Company is able to attract and
retain key executives. The Committee regularly reviews the Company's compensation programs to ensure that pay levels and incentive opportunities are competitive and reflect the performance of the
Company. In conducting this review the Committee retains independent compensation consultants. </FONT></P>

<P><FONT SIZE=2><B>Compensation Program Components  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To achieve its compensation goals, the compensation program consists primarily of two components, base salary and bonuses. Both components are reviewed annually
considering corporate performance and individual initiative and performance. The executive officers can receive a significant portion of their total compensation through the performance-based bonus
program. This places a large percentage of their compensation at risk while more closely aligning their interests with the interests of the Company's stockholders. Total pay levels for the executive
officers are competitive within a range that the Committee considers to be reasonable and necessary. </FONT></P>

<P><FONT SIZE=2><B>Salaries  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Base pay levels (salaries) are largely determined by considering each individual's responsibilities, performance and through comparisons with companies of similar
size and complexity. </FONT></P>

<P><FONT SIZE=2><B>Cash Bonuses  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The bonus program is intended to provide an opportunity to receive additional cash compensation but only if it is earned through achievement of specified
performance goals. At the beginning of each year, the Committee establishes the annual target goals for earnings and return on net investment considering the Company's annual business plan, the
Company's prior year's performance and the performance of other companies in the industry segments in which the Company competes. Personal goals are also established for executives other than the
Chief Executive Officer. The Committee then relies primarily on mathematical formulae in calculating the bonuses to be granted. The Committee believes that these performance measures serve to align
the interests of executives with the interests of stockholders. </FONT></P>

<P><FONT SIZE=2><B>2002 Compensation of the Chief Executive Officer  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In evaluating the compensation of the Company's chief executive officer, Mr.&nbsp;James G. Gidwitz, the Committee reviewed Mr.&nbsp;Gidwitz' existing
compensation arrangements, the performance of the Company (taking into account the performance measures discussed above) and of Mr.&nbsp;Gidwitz, and compensation of </FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2>7</FONT></P>

<HR NOSHADE>
<!-- ZEQ.=1,SEQ=9,EFW="2105658",CP="CONTINENTAL MATERIALS CORP.",DN="1",CHK=429545,FOLIO='7',FILE='DISK012:[03CHI5.03CHI2005]DG2005A.;10',USER='FSTREET',CD='16-APR-2003;20:29' -->
<A NAME="page_dg2005_1_8"> </A>

<P><FONT SIZE=2>
chief executive officers in similarly situated companies. Based on this review, the Committee increased Mr.&nbsp;Gidwitz' salary by 4.0% in 2002 as compared with 4.1% in 2001 and 5.4% in 2000. In
granting Mr.&nbsp;Gidwitz' fiscal year 2002 bonus, the Committee reviewed the Company's performance against the established targets for earnings and for the percentage return on net investment. In
2002, the Company met or exceeded the threshold level of the goals. Accordingly, the Committee applied the mathematical
formulae and granted Mr.&nbsp;Gidwitz a bonus of $118,200 for 2002 compared to $273,200 for the prior year. The 2002 bonus represented approximately 45% of his target bonus amount. </FONT></P>

<P><FONT SIZE=2><B>Stock Option and Long-Term Plans  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Company maintains the Continental Materials Corporation Amended and Restated 1994 Stock Option Plan; however, no stock options were granted by the Board
during fiscal year 2002. The Company has no other long-term compensation plans. </FONT></P>


<P><FONT SIZE=2><B>Conclusion  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;After reviewing all of its existing compensation programs, the Committee continues to believe that the total compensation program for executives of the Company is
competitive with the compensation programs provided by other corporations of similar size and complexity. Moreover, the Committee believes that it has set compensation at levels that reflect each
executive officer's contribution towards the Company's objectives. </FONT></P>

<P><FONT SIZE=2><B>Submitted by the Compensation Committee of the Board of Directors<BR>  </B></FONT><FONT SIZE=2>Ronald J. Gidwitz<BR>
Theodore R. Tetzlaff </FONT></P>

<P><FONT SIZE=2><B>Compensation Committee Interlocks and Insider Participation in Compensation Decisions  </B></FONT></P>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Theodore R. Tetzlaff, a member of the Compensation Committee, is a partner in the law firm of McGuireWoods LLP, Managing Partner of its Chicago office and member
of its governing Board of Partners. Mr.&nbsp;Tetzlaff was previously with the law firm of Jenner&nbsp;&amp; Block. From time to time, the Company retains McGuireWoods and/or Jenner&nbsp;&amp; Block to
provide it with legal services. The dollar amount of fees paid to McGuireWoods and Jenner&nbsp;&amp; Block by the Company in 2002 did not exceed 5% of either firm's annual gross revenues. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company engaged in various transactions in which members of the Gidwitz Family, including Ronald J. Gidwitz, had an interest, as follows: </FONT></P>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company currently serves as the sponsoring corporation in an Insurance Purchasing Group (the "Group"), which consists of the Company and its subsidiaries and other companies in which
the
Gidwitz Family are the principal owners. The cost of such insurance is allocated among all members of the Group based on such factors as, but not limited to, nature of the risk, loss history and size
of operations. From time to time, the Company will advance payments to the insurance carriers on behalf of the individual members of the Group. The Company invoices each member of the Group for their
respective share of each payment. During fiscal year 2002, certain members of the Group were indebted to the Company with respect to advances made by the Company under the insurance purchasing
program. The largest aggregate amount of indebtedness outstanding at any time during fiscal year 2002 with respect to these companies equaled approximately $259,000. As of the date of this proxy
statement, no past due amounts are owing to the Company from any member of the Group. The Company's participation in the Group has, in management's opinion, resulted in significant savings to the
Company in terms of the cost of insurance premiums and other related charges. </FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2>8</FONT></P>

<HR NOSHADE>
<!-- ZEQ.=2,SEQ=10,EFW="2105658",CP="CONTINENTAL MATERIALS CORP.",DN="1",CHK=496184,FOLIO='8',FILE='DISK012:[03CHI5.03CHI2005]DG2005A.;10',USER='FSTREET',CD='16-APR-2003;20:29' -->
<A NAME="page_dg2005_1_9"> </A>
<P ALIGN="CENTER"><FONT SIZE=2><A
NAME="dg2005_comparison_of_total_shareholder_return"> </A>
<A NAME="toc_dg2005_2"> </A>
<BR></FONT><FONT SIZE=2><B>COMPARISON OF TOTAL SHAREHOLDER RETURN    <BR>  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following graph compares the yearly percentage change in the Company's cumulative total stockholder return on its common stock for a five-year
period (December&nbsp;31, 1997 to December&nbsp;31, 2002), with the cumulative total return of the American Stock Exchange Market Value Index ("ASEMVI"), and a peer group of companies selected by
the Company. The "Peer Group" is more fully described below. Dividend reinvestment has been assumed with respect to the ASEMVI and the Peer Group. The companies in the peer group are weighted by
market capitalization as of the beginning of the measurement period. The Company has never paid a dividend. </FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2><B>
<IMG SRC="g479360.jpg" ALT="CHART" WIDTH="639" HEIGHT="415">
  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company manufactures and markets products in two separate industries. These industries are (i)&nbsp;heating and air conditioning and (ii)&nbsp;construction materials, primarily
ready-mix concrete. The Company's principal activities have occurred exclusively in these two industries for over 15&nbsp;years. The Peer Group selected by the Company for the above
graph is a combination of companies from these two industries. The companies included in the Peer Group are: Centex Construction Products,&nbsp;Inc.; Devcon International Corp.; Fedders Corporation;
Florida Rock Industries,&nbsp;Inc.; Hanson PLC; Lafarge Corporation; LSB Industries,&nbsp;Inc.; Martin Industries,&nbsp;Inc.; Martin Marietta Materials,&nbsp;Inc.; Mesteck,&nbsp;Inc.; and
York International Corp. </FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2>9</FONT></P>

<HR NOSHADE>
<!-- ZEQ.=3,SEQ=11,EFW="2105658",CP="CONTINENTAL MATERIALS CORP.",DN="1",CHK=387441,FOLIO='9',FILE='DISK012:[03CHI5.03CHI2005]DG2005A.;10',USER='FSTREET',CD='16-APR-2003;20:29' -->
<A NAME="page_dg2005_1_10"> </A>
<P ALIGN="CENTER"><FONT SIZE=2><A
NAME="dg2005_security_ownership_of_certain___sec02525"> </A>
<A NAME="toc_dg2005_3"> </A>
<BR></FONT><FONT SIZE=2><B>SECURITY OWNERSHIP OF CERTAIN<BR>  BENEFICIAL OWNERS AND MANAGEMENT    <BR>  </B></FONT></P>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following information is furnished as to the Common Stock of the Company owned beneficially as of April&nbsp;1, 2003 by (i)&nbsp;each director,
(ii)&nbsp;the executive officers named in the summary compensation table, (iii)&nbsp;directors and executive officers as a group, and (iv)&nbsp;persons that have reported beneficial ownership of
more than 5% of the Company's Common Stock. </FONT></P>

<!-- User-specified TAGGED TABLE -->
<TABLE WIDTH="80%" BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR VALIGN="BOTTOM">
<TH WIDTH="65%" ALIGN="LEFT"><FONT SIZE=1><B>Name and Address<BR>
of Beneficial Owner<BR> </B></FONT><HR NOSHADE></TH>
<TH WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH WIDTH="10%" ALIGN="CENTER"><FONT SIZE=1><B>No. of Shares</B></FONT><HR NOSHADE></TH>
<TH WIDTH="10%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH WIDTH="11%" ALIGN="CENTER"><FONT SIZE=1><B>Percent of<BR>
Class (1)</B></FONT><HR NOSHADE></TH>
<TH WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TH>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD WIDTH="65%" VALIGN="TOP"><FONT SIZE=2>Gidwitz Family<BR>
225 West Wacker Drive, Suite 1800<BR>
Chicago, Illinois 60606</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="10%" ALIGN="RIGHT" VALIGN="TOP"><FONT SIZE=2>846,720</FONT></TD>
<TD WIDTH="10%" VALIGN="TOP"><FONT SIZE=2>(2)(4)</FONT></TD>
<TD WIDTH="11%" ALIGN="RIGHT" VALIGN="TOP"><FONT SIZE=2>45.9</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP"><FONT SIZE=2>%</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="BOTTOM">
<TD WIDTH="65%" VALIGN="TOP"><FONT SIZE=2>Warren G. Lichtenstein<BR>
750 Lexington Avenue<BR>
New York, New York 10022</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="10%" ALIGN="RIGHT" VALIGN="TOP"><FONT SIZE=2>334,100</FONT></TD>
<TD WIDTH="10%" VALIGN="TOP"><FONT SIZE=2>(5)</FONT></TD>
<TD WIDTH="11%" ALIGN="RIGHT" VALIGN="TOP"><FONT SIZE=2>18.9</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP"><FONT SIZE=2>%</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD WIDTH="65%" VALIGN="TOP"><FONT SIZE=2>Franklin Advisory Services, LLC<BR>
One Parker Plaza, 16th Floor<BR>
Fort Lee, NJ 07024</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="10%" ALIGN="RIGHT" VALIGN="TOP"><FONT SIZE=2>107,500</FONT></TD>
<TD WIDTH="10%" VALIGN="TOP"><FONT SIZE=2>(6)</FONT></TD>
<TD WIDTH="11%" ALIGN="RIGHT" VALIGN="TOP"><FONT SIZE=2>6.1</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP"><FONT SIZE=2>%</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="BOTTOM">
<TD WIDTH="65%" VALIGN="TOP"><FONT SIZE=2>Continental Materials<BR>
Corporation Employees Profit<BR>
Sharing Retirement Plan</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="10%" ALIGN="RIGHT" VALIGN="TOP"><FONT SIZE=2>66,359</FONT></TD>
<TD WIDTH="10%" VALIGN="TOP"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="11%" ALIGN="RIGHT" VALIGN="TOP"><FONT SIZE=2>3.7</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP"><FONT SIZE=2>%</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD WIDTH="65%" VALIGN="TOP"><FONT SIZE=2>Thomas H. Carmody</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="10%" ALIGN="RIGHT" VALIGN="TOP"><FONT SIZE=2>200</FONT></TD>
<TD WIDTH="10%" VALIGN="TOP"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="11%" ALIGN="RIGHT" VALIGN="TOP"><FONT SIZE=2>&#151;</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="BOTTOM">
<TD WIDTH="65%" VALIGN="TOP"><FONT SIZE=2>James G. Gidwitz</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="10%" ALIGN="RIGHT" VALIGN="TOP"><FONT SIZE=2>66,002</FONT></TD>
<TD WIDTH="10%" VALIGN="TOP"><FONT SIZE=2>(2)(3)(4)</FONT></TD>
<TD WIDTH="11%" ALIGN="RIGHT" VALIGN="TOP"><FONT SIZE=2>3.6</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP"><FONT SIZE=2>%</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD WIDTH="65%" VALIGN="TOP"><FONT SIZE=2>Betsy R. Gidwitz</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="10%" ALIGN="RIGHT" VALIGN="TOP"><FONT SIZE=2>6,002</FONT></TD>
<TD WIDTH="10%" VALIGN="TOP"><FONT SIZE=2>(3)</FONT></TD>
<TD WIDTH="11%" ALIGN="RIGHT" VALIGN="TOP"><FONT SIZE=2>&#151;</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="BOTTOM">
<TD WIDTH="65%" VALIGN="TOP"><FONT SIZE=2>Ralph W. Gidwitz</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="10%" ALIGN="RIGHT" VALIGN="TOP"><FONT SIZE=2>6,002</FONT></TD>
<TD WIDTH="10%" VALIGN="TOP"><FONT SIZE=2>(3)</FONT></TD>
<TD WIDTH="11%" ALIGN="RIGHT" VALIGN="TOP"><FONT SIZE=2>&#151;</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD WIDTH="65%" VALIGN="TOP"><FONT SIZE=2>Ronald J. Gidwitz</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="10%" ALIGN="RIGHT" VALIGN="TOP"><FONT SIZE=2>6,002</FONT></TD>
<TD WIDTH="10%" VALIGN="TOP"><FONT SIZE=2>(3)</FONT></TD>
<TD WIDTH="11%" ALIGN="RIGHT" VALIGN="TOP"><FONT SIZE=2>&#151;</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="BOTTOM">
<TD WIDTH="65%" VALIGN="TOP"><FONT SIZE=2>Mark S. Nichter</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="10%" ALIGN="RIGHT" VALIGN="TOP"><FONT SIZE=2>0</FONT></TD>
<TD WIDTH="10%" VALIGN="TOP"><FONT SIZE=2>(2)</FONT></TD>
<TD WIDTH="11%" ALIGN="RIGHT" VALIGN="TOP"><FONT SIZE=2>&#151;</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD WIDTH="65%" VALIGN="TOP"><FONT SIZE=2>Joseph J. Sum</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="10%" ALIGN="RIGHT" VALIGN="TOP"><FONT SIZE=2>16,400</FONT></TD>
<TD WIDTH="10%" VALIGN="TOP"><FONT SIZE=2>(2)(4)</FONT></TD>
<TD WIDTH="11%" ALIGN="RIGHT" VALIGN="TOP"><FONT SIZE=2>.9</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP"><FONT SIZE=2>%</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="BOTTOM">
<TD WIDTH="65%" VALIGN="TOP"><FONT SIZE=2>Theodore R. Tetzlaff</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="10%" ALIGN="RIGHT" VALIGN="TOP"><FONT SIZE=2>0</FONT></TD>
<TD WIDTH="10%" VALIGN="TOP"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="11%" ALIGN="RIGHT" VALIGN="TOP"><FONT SIZE=2>&#151;</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD WIDTH="65%" VALIGN="TOP"><FONT SIZE=2>Peter E. Thieriot</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="10%" ALIGN="RIGHT" VALIGN="TOP"><FONT SIZE=2>2,000</FONT></TD>
<TD WIDTH="10%" VALIGN="TOP"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="11%" ALIGN="RIGHT" VALIGN="TOP"><FONT SIZE=2>&#151;</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="BOTTOM">
<TD WIDTH="65%" VALIGN="TOP"><FONT SIZE=2>Darrell M. Trent</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="10%" ALIGN="RIGHT" VALIGN="TOP"><FONT SIZE=2>2,000</FONT></TD>
<TD WIDTH="10%" VALIGN="TOP"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="11%" ALIGN="RIGHT" VALIGN="TOP"><FONT SIZE=2>&#151;</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD WIDTH="65%" VALIGN="TOP"><FONT SIZE=2>All directors and officers as a group (includes ten persons)</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="10%" ALIGN="RIGHT" VALIGN="TOP"><FONT SIZE=2>933,679</FONT></TD>
<TD WIDTH="10%" VALIGN="TOP"><FONT SIZE=2>(7)</FONT></TD>
<TD WIDTH="11%" ALIGN="RIGHT" VALIGN="TOP"><FONT SIZE=2>50.6</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP"><FONT SIZE=2>%</FONT></TD>
</TR>
</TABLE>
<!-- end of user-specified TAGGED TABLE -->

<HR NOSHADE ALIGN="LEFT" WIDTH="120">
<DL compact>
<DT style='margin-bottom:-11pt;'><FONT SIZE=2>(1)</FONT></DT><DD><FONT SIZE=2>Calculations
are based on 1,771,812 shares of Common Stock outstanding as of April&nbsp;1, 2003. Shares subject to options exercisable within 60&nbsp;days of April&nbsp;1, 2003
are considered for the purpose of determining the percent of the class held by the holder of such option, but not for the purpose of computing the percentages held by others. The shares owned in each
case, except as otherwise indicated, constitute less than 1% of the outstanding shares of the Company's common stock.
<BR><BR></FONT></DD><DT style='margin-bottom:-11pt;'><FONT SIZE=2>(2)</FONT></DT><DD><FONT SIZE=2>Excludes
66,359 shares held by the Company's Employee Profit Sharing Retirement Plan as to which James G. Gidwitz, Mark S. Nichter and Joseph J. Sum share voting power as trustees of
such Plan.
<BR><BR></FONT></DD><DT style='margin-bottom:-11pt;'><FONT SIZE=2>(3)</FONT></DT><DD><FONT SIZE=2>Excludes
shares held indirectly as follows, which shares are included in the Gidwitz Family holdings (See "ELECTION OF DIRECTORS&#151;Family Relationships" for a description of
the Gidwitz Family):
<BR><BR></FONT>
<DL compact>
<DT style='margin-bottom:-11pt;'><FONT SIZE=2>(a)</FONT></DT><DD><FONT SIZE=2>727,126&nbsp;shares
owned by a partnership whose managing partners are Betsy R. Gidwitz, Gerald S. Gidwitz, James G. Gidwitz, Ralph W. Gidwitz, and Ronald J. Gidwitz;
<BR><BR></FONT></DD><DT style='margin-bottom:-11pt;'><FONT SIZE=2>(b)</FONT></DT><DD><FONT SIZE=2>5,256&nbsp;shares
owned by a partnership whose beneficial owners are members of the Gidwitz Family; and </FONT></DD></DL>
</DD></DL>
<P ALIGN="CENTER"><FONT SIZE=2>10</FONT></P>

<HR NOSHADE>
<!-- ZEQ.=4,SEQ=12,EFW="2105658",CP="CONTINENTAL MATERIALS CORP.",DN="1",CHK=885354,FOLIO='10',FILE='DISK012:[03CHI5.03CHI2005]DG2005A.;10',USER='FSTREET',CD='16-APR-2003;20:29' -->
<A NAME="page_dg2005_1_11"> </A>
<UL>
<UL>
</UL>
<DL compact>
<DT style='margin-bottom:-11pt;'><FONT SIZE=2>(c)</FONT></DT><DD><FONT SIZE=2>30,330&nbsp;shares
held directly by Gidwitz family members other than those family members included in the security ownership of management table above. </FONT></DD></DL>
</UL>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;With
respect to the shares referenced in this Note, the beneficial owners indicated in (c)&nbsp;have sole voting and investment power and the beneficial owners indicated in
(a)&nbsp;and (b)&nbsp;have shared voting and investment power. </FONT></P>

<DL compact>
<DT style='margin-bottom:-11pt;'><FONT SIZE=2>(4)</FONT></DT><DD><FONT SIZE=2>Includes
shares of Common Stock subject to options exercisable within 60&nbsp;days of April&nbsp;1, 2003 as follows: James G. Gidwitz, 60,000 shares (which shares are also
included in the Gidwitz Family holdings); and Joseph J. Sum, 13,400 shares.
<BR><BR></FONT></DD><DT style='margin-bottom:-11pt;'><FONT SIZE=2>(5)</FONT></DT><DD><FONT SIZE=2>Includes
331,000 shares held by Steel Partners II, L.P. By virtue of his position with Steel Partners II, Mr.&nbsp;Lichtenstein has sole power to vote and dispose of such 331,000
shares. Information is per the most recent Schedule&nbsp;13D filed with the Securities and Exchange Commission which Schedule is dated April&nbsp;2, 2003.
<BR><BR></FONT></DD><DT style='margin-bottom:-11pt;'><FONT SIZE=2>(6)</FONT></DT><DD><FONT SIZE=2>Represents
ownership of 107,500 shares reported in a Schedule&nbsp;13G dated February&nbsp;12, 2003, by Franklin Resources,&nbsp;Inc. (FRI), Charles B. Johnson, Rupert H.
Johnson, Jr. and Franklin Advisory Services, LLC (FAS). According to the Schedule&nbsp;13G, the shares are beneficially owned by one or more open or closed-end investment companies or
other managed accounts which are advised by direct and indirect investment advisory subsidiaries of FRI. FAS, as the investment adviser, retains sole investment and voting power over the shares.
<BR><BR></FONT></DD><DT style='margin-bottom:-11pt;'><FONT SIZE=2>(7)</FONT></DT><DD><FONT SIZE=2>Includes
shares and options exercisable within 60&nbsp;days of April&nbsp;1, 2003 held by the Gidwitz Family, shares held by directors and officers who are not members of the
Gidwitz Family and 66,359 shares held by the Company's Employee Profit Sharing Retirement Plan as to which James G. Gidwitz, Mark S. Nichter and Joseph J. Sum share voting power as trustees of such
Plan. </FONT></DD></DL>
<P ALIGN="CENTER"><FONT SIZE=2><A
NAME="dg2005_section_16(a)_beneficia__dg202034"> </A>
<A NAME="toc_dg2005_4"> </A>
<BR></FONT><FONT SIZE=2><B>Section&nbsp;16(a) Beneficial Ownership Reporting Compliance    <BR>  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;16(a) of the Securities Exchange Act of 1934 requires the Company's directors and executive officers to file with the Securities and Exchange
Commission initial reports of beneficial ownership of Common Stock of the Company. Such officers and directors are required by SEC regulations to furnish to the Company copies of all
Section&nbsp;16(a) reports that they file. To the Company's knowledge, all officers and directors of the Company complied with the Section&nbsp;16(a) filing requirements. </FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2><A
NAME="dg2005_proposal_2_ratification_of_eng__pro02425"> </A>
<A NAME="toc_dg2005_5"> </A>
<BR></FONT><FONT SIZE=2><B>PROPOSAL 2<BR>  RATIFICATION OF ENGAGEMENT OF INDEPENDENT AUDITORS    <BR>  </B></FONT></P>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Board of Directors and the Audit Committee recommend ratification of the continued engagement of PricewaterhouseCoopers LLP (PwC), Certified Public
Accountants, to audit the Company's books for the fiscal year ending January&nbsp;3, 2004. An appropriate resolution ratifying such employment will be submitted to the stockholders at the annual
meeting. If such resolution is not adopted, the Audit Committee will reconsider such appointment. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A
representative of PwC is expected to be present at the stockholders' annual meeting. The representative will have an opportunity to make a statement if he/she desires to do so, and
he/she will be available to respond to appropriate questions. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT
SIZE=2><B>The Audit Committee recommends that stockholders vote "FOR" the ratification of PwC as independent accountants for the Company in 2003.</B></FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2>11</FONT></P>

<HR NOSHADE>
<!-- ZEQ.=5,SEQ=13,EFW="2105658",CP="CONTINENTAL MATERIALS CORP.",DN="1",CHK=568164,FOLIO='11',FILE='DISK012:[03CHI5.03CHI2005]DG2005A.;10',USER='FSTREET',CD='16-APR-2003;20:29' -->
<A NAME="page_dg2005_1_12"> </A>
<P ALIGN="CENTER"><FONT SIZE=2><A
NAME="dg2005_stockholder_proposals_and_other_matters"> </A>
<A NAME="toc_dg2005_6"> </A>
<BR></FONT><FONT SIZE=2><B>STOCKHOLDER PROPOSALS AND OTHER MATTERS    <BR>  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The deadline for receipt of stockholder proposals for inclusion in the Company's proxy statement for its 2004 annual meeting is December&nbsp;31, 2003. With
respect to stockholder proposals not included in the Company's proxy statement and form of proxy, the Company may utilize discretionary authority conferred by proxy in voting on any such proposals if,
among other situations, the stockholder does not give timely notice of the matter to the Company by March&nbsp;4, 2004. This notice requirement and deadline are independent of the notice requirement
and deadline described above for a shareholder proposal to be considered for inclusion in the Company's proxy statement. The management does not know of any matters to be presented at the annual
meeting other than those set forth in this proxy statement. If any other matters not now known come before the annual meeting, it is intended that the persons named in the proxies will act according
to their best judgment. </FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2><A
NAME="dg2005_expenses"> </A>
<A NAME="toc_dg2005_7"> </A>
<BR></FONT><FONT SIZE=2><B>EXPENSES    <BR>  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The entire expense of preparing, printing and mailing the form of proxy and the material used for the solicitation thereof will be borne by the Company. In
addition, the Company has retained the services of InvestorCom,&nbsp;Inc. to solicit proxies from nominees and brokers' accounts at a cost of approximately $4,500. Solicitation of proxies will be
made by mail but also may be made through oral communications by directors, officers or employees of the Company who will receive no additional compensation for such efforts. </FONT></P>

<!-- User-specified TAGGED TABLE -->
<TABLE WIDTH="76%" BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR VALIGN="TOP">
<TD WIDTH="49%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="49%"><FONT SIZE=2>By Order of the Board of Directors,</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="49%"><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="49%"><BR><FONT SIZE=2><B>
<IMG SRC="g573451.jpg" ALT="James G. Gidwitz" WIDTH="165" HEIGHT="96">
 </B></FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="49%"><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="49%"><FONT SIZE=2><BR>
James G. Gidwitz<BR>
Chairman of the Board</FONT></TD>
</TR>
</TABLE>
<!-- end of user-specified TAGGED TABLE -->

<P ALIGN="CENTER"><FONT SIZE=2>12</FONT></P>

<HR NOSHADE>
<!-- ZEQ.=6,SEQ=14,EFW="2105658",CP="CONTINENTAL MATERIALS CORP.",DN="1",CHK=529195,FOLIO='12',FILE='DISK012:[03CHI5.03CHI2005]DG2005A.;10',USER='FSTREET',CD='16-APR-2003;20:29' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<!-- User-specified TAGGED TABLE -->
<TABLE WIDTH="100%" BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR VALIGN="TOP">
<TD WIDTH="49%"><FONT SIZE=1><B>PROXY</B></FONT></TD>
<TD WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="49%" ALIGN="RIGHT"><FONT SIZE=1><B>PROXY</B></FONT></TD>
</TR>
</TABLE>
<!-- end of user-specified TAGGED TABLE -->

<P ALIGN="CENTER"><FONT SIZE=3><B>CONTINENTAL MATERIALS CORPORATION  </B></FONT></P>

<P ALIGN="CENTER"><FONT SIZE=1><B>Proxy Card For Annual Meeting On May&nbsp;28, 2003  </B></FONT></P>

<P><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The undersigned hereby appoints James&nbsp;G. Gidwitz and Joseph&nbsp;J. Sun as Proxies, each with power to appoint his substitute, and hereby authorizes them
to represent and to vote as designated below, all the shares of common stock of Continental Materials Corporation held of record by the undersigned on April&nbsp;1, 2003, at the annual meeting of
stockholders to be held on May&nbsp;28, 2003, or any adjournment thereof. </FONT></P>

<P><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Board of Directors unanimously recommends a vote FOR Proposals (1) and (2). </FONT></P>

<P><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT
SIZE=1><B>This Proxy will be voted as directed or, if no instructions are given, it will be voted "FOR" election of all nominees as Directors of the Company, and "FOR"
approval and ratification of the appointment of independent auditors. In their discretion, the Proxies are authorized to vote upon such other business as may properly come before the meeting or any
adjournments thereof.  </B></FONT></P>

<P ALIGN="CENTER"><FONT SIZE=1><I>(Continued and to be signed on reverse side)  </I></FONT></P>

<P><FONT SIZE=1><I> --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------  </I></FONT></P>

<P ALIGN="CENTER"><FONT SIZE=1>/*\&nbsp;&nbsp;&nbsp;&nbsp;FOLD AND DETACH HERE&nbsp;&nbsp;&nbsp;&nbsp;/*\ </FONT></P>

<HR NOSHADE>
<!-- ZEQ.=1,SEQ=15,EFW="2105658",CP="CONTINENTAL MATERIALS CORP.",DN="1",CHK=493081,FOLIO='blank',FILE='DISK012:[03CHI6.03CHI2006]MA2006A.;7',USER='FSTREET',CD='16-APR-2003;20:12' -->
<P ALIGN="CENTER"><FONT SIZE=1><B>CONTINENTAL MATERIALS CORPORATION<BR>
PLEASE MARK VOTE IN OVAL IN THE FOLLOWING MANNER USING DARK INK ONLY&nbsp;&nbsp;&nbsp;&nbsp;<FONT FACE="WINGDINGS">&#253;</FONT>  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<TABLE WIDTH="100%" BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR VALIGN="TOP">
<TD WIDTH="2%"><FONT SIZE=1>[</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="21%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="12%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="11%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="21%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="6%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="6%" ALIGN="RIGHT"><FONT SIZE=1>]</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="21%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="12%" ALIGN="CENTER"><FONT SIZE=1>FOR all nominees listed below (except as marked to the contrary below)</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="11%" ALIGN="CENTER"><FONT SIZE=1>WITHHOLD AUTHORITY To vote for all nominees listed below</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="21%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="3%" ALIGN="CENTER" VALIGN="BOTTOM"><FONT SIZE=1>For</FONT></TD>
<TD WIDTH="2%" VALIGN="BOTTOM"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="6%" ALIGN="CENTER" VALIGN="BOTTOM"><FONT SIZE=1>Against</FONT></TD>
<TD WIDTH="2%" VALIGN="BOTTOM"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="6%" ALIGN="CENTER" VALIGN="BOTTOM"><FONT SIZE=1>Abstain</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="2%"><FONT SIZE=1>1.</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="21%"><FONT SIZE=1>Election of three nominees to the Board of Directors. Thomas H. Carmody, Ronald J. Gidwitz and Darrell M. Trent</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="12%" ALIGN="CENTER"><FONT SIZE=1><FONT FACE="WINGDINGS">&#111;</FONT></FONT></TD>
<TD WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="11%" ALIGN="CENTER"><FONT SIZE=1><FONT FACE="WINGDINGS">&#111;</FONT></FONT></TD>
<TD WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=1>2.</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="21%"><FONT SIZE=1>Approval and ratification of the Directors' appointment of PricewaterhouseCoopers LLP as the Company's independent auditors for the year ending January&nbsp;3, 2004.</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="3%" ALIGN="CENTER"><FONT SIZE=1><FONT FACE="WINGDINGS">&#111;</FONT></FONT></TD>
<TD WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="6%" ALIGN="CENTER"><FONT SIZE=1><FONT FACE="WINGDINGS">&#111;</FONT></FONT></TD>
<TD WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="6%" ALIGN="CENTER"><FONT SIZE=1><FONT FACE="WINGDINGS">&#111;</FONT></FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=5><FONT SIZE=1><B>(Instruction: To withhold authority to vote for any individual nominee, strike a line through that nominee's name.)</B></FONT></TD>
<TD WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="11%" VALIGN="TOP"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="21%" VALIGN="TOP"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="6%" VALIGN="TOP"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="6%" VALIGN="TOP"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
</TABLE>
<!-- end of user-specified TAGGED TABLE -->

<!-- User-specified TAGGED TABLE -->
<TABLE WIDTH="100%" BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR VALIGN="TOP">
<TD WIDTH="47%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD COLSPAN=5><FONT SIZE=1><B>The Proxy is solicited on behalf of the Board of Directors of the Company.</B></FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="47%"><FONT SIZE=1><B><BR>
&nbsp;</B></FONT></TD>
<TD WIDTH="5%"><FONT SIZE=1><BR>
Dated</FONT></TD>
<TD WIDTH="1%"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
<TD WIDTH="39%" VALIGN="BOTTOM"><FONT SIZE=1><BR>
&nbsp;&nbsp;</FONT><HR NOSHADE></TD>
<TD WIDTH="1%" VALIGN="BOTTOM"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
<TD WIDTH="6%"><FONT SIZE=1><BR>
, 2003</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="47%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="5%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="1%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="39%" VALIGN="BOTTOM"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="BOTTOM"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="6%"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="47%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD COLSPAN=5 ALIGN="CENTER"><FONT SIZE=1>&nbsp;&nbsp;</FONT><HR NOSHADE><FONT SIZE=1> Signature</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="47%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="5%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="1%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="39%" VALIGN="BOTTOM"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="BOTTOM"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="6%"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="47%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD COLSPAN=5 ALIGN="CENTER"><FONT SIZE=1>&nbsp;&nbsp;</FONT><HR NOSHADE><FONT SIZE=1> Signature if held jointly</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="47%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD COLSPAN=5><FONT SIZE=1>Please sign exactly as name appears above. Executors, administrators, trustees, guardians, attorneys-in-fact, etc. should give their full titles. If signer is a corporation, please give full corporate name and have a duly
authorized officer sign, stating title. If a partnership, please sign in partnership name by authorized person. If stock is registered in two names, both should sign.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="47%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="5%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="1%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="39%" VALIGN="BOTTOM"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="BOTTOM"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="6%"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="47%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="5%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="1%"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="39%" VALIGN="BOTTOM"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="BOTTOM"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD WIDTH="6%"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
</TABLE>
<!-- end of user-specified TAGGED TABLE -->


<P><FONT SIZE=1>--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
</FONT></P>

<P ALIGN="CENTER"><FONT SIZE=1>/*\&nbsp;&nbsp;&nbsp;&nbsp;FOLD
AND DETACH HERE&nbsp;&nbsp;&nbsp;&nbsp;/*\ </FONT></P>

<HR NOSHADE>
<!-- ZEQ.=2,SEQ=16,EFW="2105658",CP="CONTINENTAL MATERIALS CORP.",DN="1",CHK=501416,FOLIO='blank',FILE='DISK012:[03CHI6.03CHI2006]MA2006A.;7',USER='FSTREET',CD='16-APR-2003;20:12' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->
<BR>
<P><br><A NAME="03CHI2005_1">QuickLinks</A><br></P><!-- TOC_BEGIN -->
<FONT SIZE=2><A HREF="#toc_bg2005_1">GENERAL INFORMATION</A></FONT><BR>
<!-- TOC_BEGIN -->
<FONT SIZE=2><A HREF="#toc_de2005_1">PROPOSAL 1 BOARD OF DIRECTORS</A></FONT><BR>
<FONT SIZE=2><A HREF="#toc_de2005_2">AUDIT COMMITTEE REPORT</A></FONT><BR>
<FONT SIZE=2><A HREF="#toc_de2005_3">EXECUTIVE COMPENSATION</A></FONT><BR>
<FONT SIZE=2><A HREF="#toc_de2005_4">SUMMARY COMPENSATION TABLE</A></FONT><BR>
<FONT SIZE=2><A HREF="#toc_de2005_5">Aggregated Option Exercises in Last Fiscal Year and Fiscal Year-End Option Values</A></FONT><BR>
<!-- TOC_BEGIN -->
<FONT SIZE=2><A HREF="#toc_dg2005_1">COMPENSATION COMMITTEE REPORT</A></FONT><BR>
<FONT SIZE=2><A HREF="#toc_dg2005_2">COMPARISON OF TOTAL SHAREHOLDER RETURN</A></FONT><BR>
<FONT SIZE=2><A HREF="#toc_dg2005_3">SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT</A></FONT><BR>
<FONT SIZE=2><A HREF="#toc_dg2005_4">Section 16(a) Beneficial Ownership Reporting Compliance</A></FONT><BR>
<FONT SIZE=2><A HREF="#toc_dg2005_5">PROPOSAL 2 RATIFICATION OF ENGAGEMENT OF INDEPENDENT AUDITORS</A></FONT><BR>
<FONT SIZE=2><A HREF="#toc_dg2005_6">STOCKHOLDER PROPOSALS AND OTHER MATTERS</A></FONT><BR>
<FONT SIZE=2><A HREF="#toc_dg2005_7">EXPENSES</A></FONT><BR>
<!-- SEQ=,FILE='QUICKLINK',USER=MWEINST,SEQ=,EFW="2105658",CP="CONTINENTAL MATERIALS CORP.",DN="1" -->
<!-- TOCEXISTFLAG -->
</BODY>
</HTML>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>g416919.jpg
<DESCRIPTION>G416919.JPG
<TEXT>
begin 644 g416919.jpg
M_]C_X``02D9)1@`!`0$!?P%_``#__@`Y1$E32S`Q,CI;,#-#2$DU+C`S0TA)
M,C`P-2Y/5510551=34%22U]37TY)0TA415)?4TE'+D504__;`$,`!P4&!@8%
M!P8&!@@(!PD+$@P+"@H+%Q`1#1(;%QP<&A<:&1TA*B0='R@@&1HE,B4H+"TO
M,"\=(S0X-"XW*BXO+O_```L(`#L!,@$!$0#_Q``<``$``@,!`0$`````````
M````!08"!`<!`PC_Q``^$``!`P0`!`,%!@((!P`````!`@,$``4&$0<2(3$3
M05$4(C)A@14C0E)QD22"%D-38J&BP=$7,V.#D['Q_]H`"`$!```_`/TC2E*4
MI2E*4I2A('4FH"?F.)V[8G9+:8Z@=<KDQL']M[J`/%C"W.EOF3;DLD@)@V]]
MWF([@$(U_C0<1T.E/L6%9A+0HZ"T6OPT_NXI->JR[,7RH6_AK<2>Z3-GQV`1
M\]%1!^58"_\`$QU.D\/[='5ZO7Q*A^R6Z^S.59+;IUNCY3C,>)&G2$16Y<&>
M)`2ZO?(E2"E*@#K6QO7G5ZI2E*4I2E*4I2E*4I2E*B[Q?['9&PY>+O!@I(V/
M:7TME7Z`G9^E5W_B%!E*2+%8<@O2%'0>B0%(:WK^T=*$_L36*KSQ#E)7['A=
MOA_E-PNP)/\`*TA0_P`U8*F\4F/O'+!C,I"1LM1[D\A:OD"MO0/Z]*G\3R)C
M([>](;C/Q),60N++B/ZYV'DZYDD@D'N"".A!!J<KXQI4:6E:HLAI]*%E"BVL
M*"5#N#KL1Z5]J^3TAA@MAYYMLN+"$!:@.=1[)&^YZ'I7*^)T&*G)X-PRY=PD
M86XP&'&V'UH8BR.8Z6^E!!4A0('-V!&CT-72S8?AD)MN1:<>LZ$K0"AYJ,A1
M4D]B%Z)(^M3TAZ+"BN2)#S4>,RDJ6XM00A"1W))Z`5A;IT.YP6)\"0W(BOIY
MVW4':5I]0:VM5!Y+DMMQYAHRBZ_+D*Y(L*,GGD25_E0CS^9.@/,BHJQV2ZW&
MZLY+E?(B6T#[#;&E\[4`$:*BK^L=(.BKL`2$^IN-:-WNUOL\7VJXRD,-E00G
M>RIQ9[)2D;*E'R2`2:KYN^77-"';-CD>%'5K[R]2"VX1ZAEL*(_F4D_(5;&^
M?D3XG*%Z'-R]M_*LJ4I2E*4I2E*56LBSG%,;F-P;U>F(TMQ'.EG2EKY?4I2"
M0.A[^E12.*_#M:>897!`Z?%S`_L4T?XI8=XBH]LG/WF6GK[/:8KDE9_3E&O\
M:S3?,XNP'V3B3-J:4-B1>Y0"A_V6N8_NI-9C%+]<2E60YE/<1W5$M2!":/3J
M"H;<(_G%2EEP[%[(L.VVR1&GP=^.I'B/$^I<5M1/UJP:%*@\OR.#B]D=NDT*
M<((;8CM]7)#JNB&T#S)/^I\JJF./IPFQJ<OZERLHODIR>[`AI\1UUY6ONVTC
M\*$A*2HD)&B214!GTS(YXBVB8ODNMUVF#CL!\@!.B"]+?3I10GJ2E'*DD:VK
MJ:O_``]Q&%A.,Q[)#47%))<D/'H772!S*UY#H`!Y`"OAE>91[0X_!@H;E7%E
MGQI!6YR,06]=')"_PCT2`5*UT'G52X;X_<\@O1XA95*?E+4"+/&>;\-##9`^
M^2WL\A5UY1LD#J22=CJ[[+,AEQA]I#K+B2E;:TA25`]P0>A%4%>-7W$%KDX,
MXB3:]E;E@F.D('F?9W#OPB?RJVG9\JJD.\/<9+XNV(:=@XC:E(7<6'%@/37^
MX:5RDZ;!!_77Z:[4TVVRTAEI"6VT)"4H0-!('8`>0JM9%DKL>9]@V",BX9"X
MCF#)5IJ*D]G7U#X4>@'O*[`>8SQG%VK2\[<[A*5<[])3J1<'DZ5KOX;:>S;8
M/9(^NS6W?<HQVP+8;O-YAP7'R`VAYT)4K9UO7?7S[5M7R[1;+;7;A*YU)1I*
M&VT\RW5J.DH0/-2B0`/G4/C]BD+EIR'(@AV]K20VT%<[4!!_JVNG?7Q+[J.^
MR=`6BE5G,<F-B1"@P(GM]\N3A9@PPKE"R!M2U'\*$CJ3_O4O:471,1G[6DQG
M9?ACQO9FBAOGV=\NU$Z[#KZ;\]#?)UWI2FQ3=>$@=ZUI5P@1.7VJ;'8YNWBN
MI3O]S4'.SS"H'.)65V="T?$CVQ"E#^4$FM-KB/B\LA-J>G759["WV]]X'Y\P
M1RZ^>Z^K>09+<#JV8=)CH/0/7:2W'2/GR(YU_P"`K?@6^^.OL2KS=T;;/,(D
M!OPF2=$>\I6UK[^J1\JGJJF38!B^2W%FZ7."X+@TCPTR8\A;#G+UZ$H(V.I[
MUHV[A3P^MZDK9QB&ZX`/?D\SQ)!WOWR1OYU<84*'!9#$**S&9'9MEL(2/H*V
M*4I45D=^MF.6IVZ75_PF$$)2$CF6XL_"A"1U4H^0%<LMCV0Y)DZ[F[#8<O<<
M\D:._P"_$Q]M6MJ<T?O92@/@2=I\RD5*W_(L3X;6RX33.:NN4O@)<#CR7)<I
MW7NA0'5#8_*`$I'8;/70P2\PX"'KW)@9!D&1W,<TJ;&M#R6TI'4,M%P)"4)[
M=QLC?I6Y*SO(LHCNQL.Q:\-M-/JCS9SGLZ%LZZ*2R%.<JU^6R=)\P>U5%GVW
M(IK5EM6#W!W%[1+4;HP)T=3MPFC1T\X7-.`'15[QV=`ZT!74QDN1H2`.'=X"
M4CL)</M^GBU@K.G&@3*PK+&0-\Q$!+H'_C6HGZ51N('$NUWE47#;/=UVA^>Z
M6;G,G-+BJM[`&U`^($Z6H=!_IL5896(6V'9;;>N'7L[=QM#7\,8[@4W<&AU4
MPZH'2^;J0H]0H[K9CY?.S1AF/A"%L,+0DS+M):]V$2`2VA"O^8\-G?X4^9/:
MK;CUAMV/PU1H#:BIQ1<?D.JYWI#A[N.+/52CZ_0:'2M&Z7J1)N*K!CY;<N"0
M#+DJ',U`21L%0_$X1\+?U.AWJ.?V>%`LMKQR)SKEY#=8\65+<5SR'FPKQ'%J
M5W/1&M#0`.@`-"IY@'(L\D/.#FMF.$-,IWM+DU:`5J(\_#;4E(]"M572E>*(
M2DJ40`!LD^5<DL-\MB5Y#Q7OTH-V]:E0;2%>45M1'N#S4ZL$Z'H*]Q[B1`;@
MJ?B6/)K[+F.^T2'H%L<4TE:_A0E2^7W4I"4@^83OSJ&NV>9)F5YCX_8<)FEN
M"^B9/:DS&V%.H;6>5'-U"1XB1OJ2>4CMNKK[?Q5F)!CV#&[9S#M+GNR%(_4-
MI`/T->KM?%&6D>+E5@@*/?V2U+=U^GB.=:]1A^7.J4J=Q+NJMCH(L&.P!_E5
M7AX;LO%1N&89;.V=I#ET+83^@;"17IX484[LS8,R<H]U2[C(<)_=>JV8O"_A
M_%3RM8E;%#_JM>*?W434_;\=Q^VJ2JW6.VQ%)^$L14((_85*``=`.E>TI2E*
M4I43D^06K&+-(O%XE)8B,CJ>ZEJ\DI'FH^0KCV,1,JXH7G^E-U0]9[&@D6TA
M7WJ&ST)9'9*U>;Q&P.B-?$+CG,6+CE@MT9IAV%AD;G%U1;U%#R6]#DZ@A105
M$\Y2><['7155=X3V_&C'G\1WV;5;V"@M1&&B@(MT5)/QD?UJNZBKWO+Y5;$B
MYYV=J$FV8BH=$G;<BZ)]3^)ID^G1:A^4'KM9Q<?Z+XFW`Q^.TS<92D6ZU1VT
M`)2ZOHD@#LE(VH^@36@]<+)PMQ*V61E*YLXI*(L1LCQIKIZK6=]ALE2E'HD?
M2L^'F<1[W:$JNUQB"<91CI=0GPH\APG8;84H_>\H(22.Y&^H()KW%?B>]9W1
MC.(1S/R*2X(WB-IYD17%=D^A<]$^7<^E63AYAL3$<6=3=W&Y-RF`R;M+D*"@
MXX1M0*E?A3UZGYGSJIKPVWY?/>FXDT]C%F4A2%W.`I3*KD2"-(:!"/"&]E9&
MU?AZ>\=?A+?%X?;1CMZ;/V(;G)BVZ^)4!'=6E9!0I.]M[4%<I[$['ELW95[N
M.8.N0L6=7$LP)1(OG+U<]410?B/EXI'*/+F/:TV6T0+)`1`MS'A,I)4=J*E+
M43M2U*/52B>I)ZFJ#E%Q9;XI1I4L<T'&K!)NB]?A6M7)Y^?(A6OK5BX9P7X>
M'07YJ0)]PY[A+.NI=>47"#^G,$_2MYC*;3+O<BQV];TV=%6$R@PT2B/O\[AT
MD'^Z"5?*IZN?<:LC-AP:8S&*E7*Y_P`#$;;ZN*4OHHI`ZDA.ST\]>M0D/";U
M?,;A&6HV;[+;:58+<2%".XV!RNR==%K5K13U"4J5W5UJ6C96]F$?['M#;\!Q
M"2B]2E=!;2#I;*5=E.'2@".B4^]Z`_/@U$8?@WG*&8Z&6+O,(AH0G01#9'A,
MIU^B5'ZUTJE*4I2E*4I2E*5"97DUHQ6U+N5WD>&V#RMMI',X\OR0A/XE'_[5
M&M6(W+-[I%RO/V`W'9VNW8^>K<=)[+>_,X?,=AY^@ZFE*4)"4@!(&@!Y5Q;B
M)EMGN&8HQZYR%&T69QIV7`:'._=):AS,L-MCJI*>BE'MO0-;T7ANG+[@[DV8
MV]%KD/`>SV^WK#2V@#M+CSB1MQT'Z)_]6-.-YE;#NS9RN4RGJF/>H2)&_D76
MRA?[[JI)G9M<\Z]OD8Y`NR,;;7'Y;?.\-!E.I25*3XJ1M26R$\I/3F[]=53;
M_B%TOF77V_YG9<M2S(06X;%M9:?\)KETD**'#OE/X`.IZGOJHBXX1:DV:U+8
MN.8QIEN>YES9UEE)##`V?NDI!"-'WN_4[.Q4SA=VQ6SWI&1NV>](L,/^%LC@
MMKCB7W%G3DE;FM*=<(Y0.X`UKH*NDB\WO+)SGVE@V1NV=IW^%M:F6V&Y.M$.
M2%NK3L;[-@:'<\WE*9#<<A-O;.0RX^+VYXAM$.UN*EW&6K^R;4$@))_N)41Z
MCO5(R:)<+[%M>!PVF[8''&O!L$10=]CCI6%*>FN=>NMZ;'FK9*C7Z"9:;9:0
MRRVEMM"0E"$#02!V`'D*SK@O$#VF5Q,N&*B/)#F2QX$5#Z4]$14+6N00?T&O
MJ:ZSFLB[V[#KJ_CD0OW-F,KV5E"=G?;8'F0-D#SUJN9X6SQ`&-Q;/C-@;QZ+
MHKD72]GQ)4AY75;@9'8E7;GWTU6G@D_C0]#DV:1;E(E&6X7KO>?@93T'*TVG
M7/H@D=T]?2H*4B1C_&-J>;;?\R>M,9(N4H-%QQI]T$I4VV/=2`D@!/;J3OIN
MNG(;SG-&^68A6)6)?Q--KY[@^GT*OA9!'IM55SB.Q_0"T.6[%X)8A9!&%K;9
M9WIJ62$I<V3OF4VI8)[DMIWUZUUNPVR/9;+`M$4:8AL(81ON0D`;/[5(4I2E
M*4I2E*4I6#P=++@94E+I2>0J&P#KIL>8JA8AP_5`NJ\ERJYJOV1K^"0XG341
M/Y64'HG]?VUUWT"E1XLMH%U-Y%KABYE/*9G@)\8C6M<^M]NG>I"E4+$[1EEL
MER(;B+;&MQN,F6_+"U//SO$<*TZ3H!OW2$DDJ/N]!YU?="N:<9+G<4PK5C5N
M@7&4;V\MJ0(*-N%A"=K0%$@)*M@%1/1/,>NJF<8Q5UM<6Z9`([DV,@(@P8X_
MA;8@#02T#W7KH7#U/8<HZ58;],E6ZSS)L&VNW&4RV5-162`IU7D`3V_V]:Y-
MCF'\1KS,D7C)[E%LTN45!3T7[Z8RR1T9:4=ML)]2D%1/<UT[&,7LN,1G&;3$
M#:WE<\B0XHK>D+_,M9ZJ.R3U]>E3E*P+39=2Z6TEQ((2HCJ`>X!^E9TI7@0D
M*4H)`*NY`[U[5"XJQIK[6*/Q8CDIJ)D,-^0AMLK4EL%0YM`'H"035]I2E*4I
>2E*4I2E*4I2E*4I2E*4I2E*4I2E*4I2E*4I2O__9
`
end

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>g479360.jpg
<DESCRIPTION>G479360.JPG
<TEXT>
begin 644 g479360.jpg
M_]C_X``02D9)1@`!`0$!L`&P``#__@`K1$E32S`Q,CI;,#-#2$DU+C`S0TA)
M,C`P-2Y/5510551=05)4,2Y%4%/_VP!#``<%!@8&!0<&!@8("`<)"Q(,"PH*
M"Q<0$0T2&Q<<'!H7&AD=(2HD'1\H(!D:)3(E*"PM+S`O'2,T.#0N-RHN+R[_
MP``+"`&?`G\!`1$`_\0`'0`!``(#`0$!`0````````````8'`P0%`@$("?_$
M`%00```%`P`%!P@(`@<$"00#```!`@,$!081!Q(A,943%A=!5E?2%")156%Q
MD=$5&#1VDY2DLC*!""-"8G)ULR0V-U(S-7."DJ&EL=,E1*+!8[3P_]H`"`$!
M```_`/TB``(?6;X8ITVHLLT6ISXE*))U*9&2V;<7*27C"E$I9DDR4HDD>"/T
M[!ZF7JVBIOT^EV_5ZP;#33KCT%+7)I)PC4@LK<29F9%G8760\UF]FZ=)D,,4
M*J5`X4=$FH'&)O\`V-"B,R)1*66LO!&>JC)X]Y"4P9<>?"CSHCJ78TAM+K3B
M=RT*+)&7O(QG````````````````````````````````````````````````
M``%2W76VZE6JM;]0<J5(H*%DW)\AI+[KU3R@M?\`K4-FE#>,)R65*P>TBWZ-
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M?M*KV?+@W7=$KRNO1XCS,VJ+=;6VI*S,C3LS_"0N(MP```&`P&`%>Z5OM5B?
M>>+^QP6$6X@````````````````````````````````````````````%>Z5O
MM5B?>>+^QP6$6X@`````!7NE;[58GWGB_L<%A%N(````````````````````
M````````````````````````!7NE;[58GWGB_L<%A%N(``````5[I6^U6)]Y
MXO['!81;B`````````````````````````````````````````````5[I6^U
M6)]YXO['!81;B``````%>Z5OM5B?>>+^QP6$6X@`````````````````````
M```````````````````````%>Z5OM5B?>>+^QP6$6X@`````!7NE;[58GWGB
M_L<%A%N(````````````````````````````````````````````!7NE;[58
MGWGB_L<%A%N(```'PS(CP9@9D6\P-1%O,?17NE;[58GWGB_L<%A%N(``````
M``````````````````````````````````````!6^ER7%8FV*AZ2RVLKDC.&
ME:R(R027"-6WJ(S+;[18Z3(TD9'DA]```5/?]+HLBL5-MV-(K]SS6$E3(;)&
M2J:DDX2YRF<,IY3*C69D9[B(\#PW;T6X)ET-W2LIT^D1HT1A]2C+R=7DJ7%O
M-[M52G%*/6W^:7H&E:$*)?[,B3=C7E;T>CT]+!NJ,N1-V.;BWD8QJK4H_P"(
MMOFE@Q/M&51F56P+?J$]:G)3T)LW%KWK,BQK'[3QG^8@>ENJ72FN6TPW:K3D
M./<$9<*3](H2<QPD+PV:-7+><J\X\_P^T20KDTEX_P"&D;C[7@#G)I+[M(W'
MVO`'.327W:1N/M>`.<FDONTC<?:\`<Y-)?=I&X^UX`YR:2^[2-Q]KP!SDTE]
MVD;C[7@#G)I+[M(W'VO`'.327W:1N/M>`.<FDONTC<?:\`<Y-)?=I&X^UX`Y
MR:2^[2-Q]KP!SDTE]VD;C[7@#G)I+[M(W'VO`'.327W:1N/M>`.<FDONTC<?
M:\`<Y-)?=I&X^UX`YR:2^[2-Q]KP!SDTE]VD;C[7@#G)I+[M(W'VO`'.327W
M:1N/M>`.<FDONTC<?:\`<Y-)?=I&X^UX`YR:2^[2-Q]KP!SDTE]VD;C[7@#G
M)I+[M(W'VO`'.327W:1N/M>`.<FDONTC<?:\`<Y-)?=I&X^UX`YR:2^[2-Q]
MKP!SDTE]VD;C[7@#G)I+[M(W'VO`'.327W:1N/M>`.<FDONTC<?:\`<Y-)?=
MI&X^UX`YR:2^[2-Q]KP!SDTE]VD;C[7@#G)I+[M(W'VO`'.327W:1N/M>`.<
MFDONTC<?:\`<Y-)?=I&X^UX`YR:2^[2-Q]KP!SDTE]VD;C[7@#G)I+[M(W'V
MO`'.327W:1N/M>`.<FDONTC<?:\`<Y-)?=I&X^UX`YR:2^[2-Q]KP!SDTE]V
MD;C[7@#G)I+[M(W'VO`'.327W:1N/M>`.<FDONTC<?:\`<Y-)?=I&X^UX`YR
M:2^[2-Q]KP!SDTE]VD;C[7@#G)I+[M(W'VO`'.327W:1N/M>`.<FDONTC<?:
M\`<Y-)?=I&X^UX`YR:2^[2-Q]KP!SDTE]VD;C[7@#G)I+[M(W'VO`'.327W:
M1N/M>`.<FDONTC<?:\`<Y-)?=I&X^UX`YR:2^[2-Q]KP!SETE]VD;C[7@$1K
M^FBN4&IM4F=9,9RI.*U2B0ZRF0Z1^@TH;/!GZ#VC\_:4GKGEWC+GW53WX$Z4
M27&X[IF9-M&7FI2?H(MGOSG;D?K#0:Q68^C.CM5M+J7R2LVDO$>NEDU'R9'G
MV;O9@6"```B$ZQ8$JKSZLU6*["DSE)4_Y'4%-)4:4DE.PO01$/M6L2EU-TW5
MSZK'4[&1%F'&EFCRYI)&1$]L\X\&HM8L*P9ED>JO8U(J#C:V)$^F8BIANIIT
M@V4OL)SJMK+!Y(B,R(RP9$9ED26#$C4^%'@PV4LQ8[:6FFT;D(26"(O<1"":
M5OM5B?>>+^QP6$6X@``````````````````````````````````````````$
M<N^\[=L^%Y77:BVQK%EMDO.==_PH+:?OW>DQ6WE^DC2=YM*;<M"UG/\`[MTO
M]KDH_NEL,B/V8+^\8GMD:/K:LQG-*AZ\U9?ULZ0>N^YZ?.ZB]A8(<K2PVA4N
MQ#4A)GSGBEM+JU'-G_D+$+<``````*]TK?:K$^\\7]C@L(MQ````````````
M``````````````````````````````TJM5:=1H+L^J36(D1HLK=>624E[-O7
M[-XJ67I#NF]Y#M,T84E28A*U':]/1J-(_P`"3+:?O(S_`+O6.[:&BBCTF;]-
MW!)=N*X5GK+F3O.2A7]Q!Y(L=1GDRZL"R@%>Z5OM5B?>>+^QP6$6X@`````!
M7NE;[58GWGB_L<%A%N(````````````````````````````````````````>
M7%H;0I;BB2A)&:E*/!$7I,55<6EEIZH*M^P*8Y<M:/8:V?LS/M4OK+W&1?WA
MK4G194*_.:KFD^L+K$M)ZS5-94:8D?V8+&M_+!>DU"VHD:/#CMQ8C#;##2=5
M#32"2E!>@B+81#,`"O=*WVJQ/O/%_8X+"+<0``````KW2M]JL3[SQ?V."PBW
M$`````````````````KK2#I2MFUZ9.;8J\616TM+*/%:/E3Y7'FZ^KDDEG?D
MR'Y?H>E*^(-QL59ZX9TK+I&\P^\9LN)SM3J?PI+'H(L=0_<;2T.-I<0HE(41
M*29'DC(]VT>@```````````````````!`KWTGV]:SWT<@W*K6UGJM4V"6NX:
MNHE8SJ^[?[#$11:-]Z1EIDWY/70Z$HR4BB0586X75RJOGD_8D6K;MO46VZ>F
MGT2G,0XQ;TMIVJ/TJ4>U1^TS,=8``!7NE;[58GWGB_L<%A%N(!`=)41FHU2S
M:;*-TXDJJJ0\VVZIO724=T\&:3(]Y$>_J&&!#3:FD*ET>DORCI-6@2''(;SZ
MWDL.LJ1AQ)K,S3K$LR,LX/!"Q````5[I6^U6)]YXO['!81;B````````````
M```<BOW'0K=C')K=5BP6\9+EG")2O\*=ZOY$8K9_2]-KKZX>CJTI]<<(]7RQ
M])LQD'Z3,_\`]FD8RL"_[N\^_+R5#A*VG2Z,6HG'H4OK_GK>\3>UM'MGVN@O
MHBB1T/8P<ATN5=/T^<K)EGT%@AS'-$&CEQ^0^=LQR<?)1*)+CA)3G>:4ZV$G
MZ,$6.H0Q<6\M#SBGJ><BY+&2>5QE'F3`3UFGTI+V>;OR2=XM>U+HHEV4M%3H
M<U$A@]BT[EM*_P"5:=Z3_P#\61W``````````````````!'+OO.W;/A>5UVH
MML:Q9;9+SG7?\*"VG[]WI,5MY?I(TG>;2FW+0M9S_P"[=+_:Y*/[I;#(C]F"
M_O&)[9&CZVK,9S2H>O-67];.D'KON>GSNHO86"$O````%>Z5OM5B?>>+^QP6
M$6X@$;O&@MU=NGS%5A^DNTM\Y34IHFSU#U%(//*$:<84>\AI6?2Z0J?)KK-R
MJN.I*;*,J:MYI?(MYSR:4M$24$9X,]F3/>)B```"O=*WVJQ/O/%_8X+"+<0`
M```````````#&^\S':6\^ZAMI!94M:B2E)>TSW"MK@TR6E3I/T?2%2;@J9GJ
MHC4MLW2,_P#'N_\`#D<C6TR7G_"F'9=*<ZS_`*V6:3_]C_\``8ZU`T-6I`D_
M2%:\JN&J&>LN34W#<(S_`,&X_P#O:PLJ.PS&90Q'90TR@L)0VDDI27H(BV$,
M@`!D1[Q4MUZ,I<&JKNO1O,31ZV7G/0RV1IA;S2:=R3/X9]![1TK#TFQ:Y-.W
M;BB*H=TLGJ.07\I2Z?I;,]^=^-_HUBVBR````````````````!I5:JTZC079
M]4FL1(C196Z\LDI+V;>OV;Q4LO2'=-[R':9HPI*DQ"5J.UZ>C4:1_@29;3]Y
M&?\`=ZQW;0T44>DS?INX)+MQ7"L]9<R=YR4*_N(/)%CJ,\F75@64`````"O=
M*WVJQ/O/%_8X+"+<0"!:0&FZA<MF42H()RC3)CZY+*_X'EMLFMI"RW&6ME6J
M>PS20UKGIU.HMY69.HL5B)/ESEPGVXR";\HC&RM2M8DXUB0:4&6=W\Q8Q;@$
M0N>ZIE(N&A4ABCR7&9\QMAV<XDB802DK/529'DU^;NQC`Y5R7K/AW1(H<";;
M,,F&&%&JL35,*=<<U\)01%MP22S_`(B&W4*_=3]1E4V@0Z2Z_3(K3LY4E;FJ
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M(.?MCF>"O"@Y_P`P:\0T*SI0L*D1#E/W/3WRW$W$=)]:C]B49_\`/!"LYNG&
MH5^0N%9\.E4YHCP=0KTYMDD^TD&HO_=7N&%F@6O7W4R](NE^!6ED>L4*-4FF
M8R3]&"/;[R)(LFWZQHIMR/Y/0ZW:\%O&#-F:R2E?XE:V5?S,=CG[8_;"@\0:
M\0<_;'[8T'B#7B#G[8_;&@\0:\0<_;'[8T'B#7B#G[8_;&@\0:\0<_;'[8T'
MB#7B#G[8_;&@\0:\0<_;'[8T'B#7B$1OSHIO:$353NJA-S&B_P!GG,U!I+S!
M]6#UMI9ZCV>X]HA]MZ57[,J;5N7;78%P4E6R-7*?(2^M*=Q$\E)F>SV[?\6\
M6\5^V0:4JYWT,B462S/:+_W4'/VQ^V-!X@UX@Y^V/VQH/$&O$'/VQ^V-!X@U
MX@Y^V/VQH/$&O$'/VQ^V-!X@UX@Y^V/VQH/$&O$'/VQ^V-!X@UX@Y^V/VQH/
M$&O$'/VQ^V-!X@UX@Y^V/VQH/$&O$'/VQ^V-!X@UX@Y^V/VQH/$&O$'/VQ^V
M-!X@UX@Y^V/VQH/$&O$'/VQ^V-!X@UX@Y^V/VQH/$&O$'/VQ^V-!X@UX@Y^V
M/VQH/$&O$'/VQ^V-!X@UX@Y^V/VQH/$&O$'/VQ^V-!X@UXA%+YTT6E;+#'D$
MEFNR7LF3<"2A24$76M99(O86TQ%)O](:GRJ;':H-&<^FI!FCDY[R&H[!^E3F
M2(R_\/M,AK4FD6O7IS=<TGZ2:'6)B3UFJ:S4FTQ(_LP2BUOY8+TFH6S$O31_
M#CMQ8ETVZPPTG50TU.92E!>@B(\$0S<_;'[8T'B#7B#G[8_;&@\0:\0<_;'[
M8T'B#7B#G[8_;&@\0:\0<_;'[8T'B#7B#G[8_;&@\0:\0<_;'[8T'B#7B#G[
M8_;&@\0:\0<_;'[8T'B#7B#G[8_;&@\0:\0AE_W+;M:J5CQJ/7J;/?1<L5Q3
M464AU1))+A:QDDS/&3+;[1;);B`<&ZX=`JD:)2*Z:?\`:Y!%$(EJ0X3R2-9*
M;4G:E9$DSR1EUC#1+0I=)J'TH;\^H5`FS:1*J,M<A;2#WI1K'A)'C;@LGUB2
M`(W=]+F5-ZWE0VR64.KLRGLJ(M5M*'",]N_:HM@X%TPJP<ZM,,V/3JRS4HZ6
MVI:%--*+S-4TR#6>L9$>TC01[-F,ED]&E46ZK+)UNFTOZ>.73(C"G42$-<E)
M9:Y+67RAD9MJ+5/)9,M4]FT32R:(JW+2I%#6X3CD.,AIQ:=REX\XR]F3,0O2
MQ1J0JHV;)72H2GY5R16Y#AQT&IY)H<RE1XRHMA;#]!":E:5JX_W:H_Y%KPAS
M2M7LU1_R+7A#FE:O9JC_`)%KPAS2M7LU1_R+7A#FE:O9JC_D6O"'-*U>S5'_
M`"+7A#FE:O9JC_D6O"'-*U>S5'_(M>$.:5J]FJ/^1:\(<TK5[-4?\BUX0YI6
MKV:H_P"1:\(QOVQ:$=E;[]O41II!&I:UPVDI27I,S3L'$ML]&=S2)[%"IU!F
MK@K2E\VH+>J1GG!D>KA1;#VEDM@HVMZ`;H<N9'DLB`=-F2W5*>:,R*(UK&:3
M-)[3,R/!$6=NPSZQ:E;MAFRJ#2(5KZ.H-S-LDI,I<A+7+XWZV5$9J,S,]Q&1
M8QLV#I415GOVTFNW)9M*MHM=:%,U**RV9:IXSM262/;C9M$'JND;1V]/:I%F
MV+#N&J/JU&4II[;+:CQG>I.L?P(MF\?4Z+KON_SKE^@K:IRSR<"D0&C=QZ%.
M$6S_`,1E[!8%KZ)K%MQLO)Z(S,?QA4B>1/K/^1EJE_(B$BYI6KV:H_Y%KPAS
M2M7LU1_R+7A#FE:O9JC_`)%KPAS2M7LU1_R+7A#FE:O9JC_D6O"'-*U>S5'_
M`"+7A#FE:O9JC_D6O"'-*U>S5'_(M>$.:5J]FJ/^1:\(<TK5[-4?\BUX0YI6
MKV:H_P"1:\(<TK5[-4?\BUX1Y<L^TW&UMKMFCFE9&E1>1-EDC_[HIZO:-)UB
M5%ZX+-I$.NT=1ZTNASF$O+2DNMI2B,]FWV_XA-K#GZ-[V@J>I=!I#<MHO]HA
M/06DO,'NVEJ[2SUEL]Q[!+>:5J]FJ/\`D6O"'-*U>S5'_(M>$.:5J]FJ/^1:
M\(<TK5[-4?\`(M>$.:5J]FJ/^1:\(<TK5[-4?\BUX0YI6KV:H_Y%KPAS2M7L
MU1_R+7A#FE:O9JC_`)%KPAS2M7LU1_R+7A#FE:O9JC_D6O"'-*U>S5'_`"+7
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MU1_R+7A#FE:O9JC_`)%KPAS2M7LU1_R+7A#FE:O9JC_D6O"'-*U>S5'_`"+7
MA#FE:O9JC_D6O"'-*U>S5'_(M>$.:5J]FJ/^1:\(<TK5[-4?\BUX1"-(M#HM
M,J%C/TVD0(;RKEBH-<>,AM1IU'#QE)%LV$+3+<0"$7U_O+8G^<+_`/ZKPFR5
M$HMAD?N'T```%>Z5OM5B?>>+^QP6$6X@`````!`M(%]R[<G1:)1;;GUJMS&C
M=8::1AI*<X,U+]A[R]V3+(Z\ZB(O&SFJ9=U.)ER2TVN5&:>SR;A&1X2LO09?
M`=*A4.C6Y3TP*-3X\&*@OX6DXS[5'O,_:9F8_)]\Z8[V<O"H?1587!@Q9*VH
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M5R9$9FDCQM(_@)%3I\.IP6*A3Y+<B(^DEM.MGE*R])#:```````5M?FC&+6Y
MR;BMR8JA72R>NW-8\U+Q^APBWYW9W^DE%L'.M/2;+A51%J:2(::-7"PEF6>R
M-,+<2B5N29_#/H/8+:(R,LD```U*A4J=3&T.U*?%AMK5JI7(>2V2CQG!&HRV
MC6AW#0)TE$6%7*;)D+SJM,RD+4K!9/!$>3V#J`````-&KU>F46$N?5I\>'%1
MO=?624^[;O/V%M%+W/IZAKD*IUFQ&9+IGCZ0J2^0C)+TD1F2E?SQ[C'F+8DN
MZJ&5X7M<4NZFR85*C4JF*-MA>"R24%L,S/&-A)//68E>C.K5E^65/:T;*MBW
M4,F;;BU)2M3F2P1HP1[2SMP>TMXBG]('1Y<]S+*NTJ8N:Q"92E%*2D]8MIZZ
MT=1F?F[-YX]A$.CHUM&Z]'>CZH2F&7*I796H\BD&^2663R1&63/^/5,S49'M
MP1%G&3FE@WG*N@YL6H6S4Z)/A:O+MRT>89JSC44>#5N/J]`F"'6G%+2VXE1H
M/5623SJGZ#]`]@`````"O=*WVJQ/O/%_8X+"+<0"-W<S;4URD4NXZ<S.*;*-
MJ*V\R3B2=)M2L[=WFI5M'0H=OT2@-.M46EQ8#;RB4XF.V2"49%@C/`Z@```*
M]TK?:K$^\\7]C@L(MQ````#RXXAIM3CBTH0DC-2E'@B(NLS'&M^Z*!<;DUNA
MU1B<<)PFWS9/*4F99+![C(\'M+);#]`B%(M.]Y=W)K]T7<918;ZSATVG)U&5
M(VD1N9WY(]I'D]O\1"7W%=%NVU'Y>NU>+"3C8EU?GJ_PI+SE?R(5PYI7K5QN
M+BZ.+/F50B/5^D)I<C&3[=Y9]QJ(_8/):-;QNLR=TAWF^J,9Y.ETG^J9QZ#5
M@L_`S]HZ$G03H[?>CN(ILIA#1$2FVI:]5W'_`#9R?P,A9D"'%I\-B#"80Q%8
M03;33982A)%@B(AL```-.HTRG5-KDJC`BRV_^20REPO@9&,$RBP)-`?H+;9Q
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MXB(CVF8VJW7:-0([<FM5.+`9<7J(7(<)!*5C.",^O!&(XK2EH^2HTG=E-R1X
MV.&9?'`DKU:I;-"57W)B"I:8_E)R"(S3R6-;6V%DRQM$(Z:]&G:,ORCW@'05
MS'TLVV^E!(J=/0Z;1.\FIM;+N"/*#41&1X46TMA[MHI2W]*+VCJXI%LNSI=P
MVU&=4TEQUHT28FJHTFDC/8LBQNSCT:NX7/8NE"W;WJ3U/HS%12XTT;JER&"0
MC!&18R2CV^<6P>KSTA(M>IIIW->X*FLVTN<K`B<HT1'G9K9WEC=[2'+HVE5=
M5JD6`BP[K8Y=U#9O/0M5MHE&1:RCSL26<F8E-[7!4[>@1Y-+MJ;7777N34Q$
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M]*UF9%G&"SC=UB-Z5-)<71ZU`-ZE/SG)I.<F2'$H26KC^(SR?]KT>D0VE:2M
M(=\P&FK.M!N"M9&3U2FN&IAK;LU,D6L9%CJ/W#<I6AF5/KS%=OZYW;B>;R9Q
M%M&3.[87\7\)'MP1$1BPJC8EGU)^&].MV`\<-LVF$*:PAM&<X)!>;C.3W=8D
M$2+&A1FXL..U'CMEJH::02$I+T$1;"&8:<NITZ&X34R?%8<,M8DNO)09EZ<&
M8]0ZA`FFM,.;'D&C!J)IU*\9].#&U@5Q5-%=-?N@[GI%:J]'J#T@GI7DT@S1
M(VY41D>TL[M^"]`[M]W%6+;@1IM)MB57$FZ92&XR\+:;Q_$18,U'G&PB].X;
M5E71#NZB%5X469%;Y132FI;>HM*TXUBQD\[3QGWCOD9'M(Q]````%>Z5OM5B
M?>>+^QP6$6X@$`TD38=.K=D3)\MB+%:JZS<>?<)"$%Y,Z6U1["VF0EU'K='K
M33CM'JL*H-M&25JBOI=))XS@S29X,=$```%>Z5OM5B?>>+^QP6$6X@```0&_
MM("[;J$>A4FWZA6:]+:Y5B.PV9-DG)EK*7Z",MN"]YD.G7:5#NNR4P[OCG3V
MWVFW9C29))Y!9849<H6S!&6,^@01O2%HZLQKZ`L:EKJLP]A1:.R;G**+K4[M
MUO>6L8]<EIDO3:\]$LJEK_LM_P!;+-/OZC_F@QVK=T.VA2I'E]29?KU24>LN
M55%\KE7IU-WQR?M%CM--M-I::;2AM!82E)8))>@BZA[```````?#,B(S,RP0
M@UQ:5;$H&LW+K\=]\MG(0_Z]>?1YNPC]YD,FCVXX%U*J-4AVM-I)$:$)DRXJ
M6E2TGD\D9;R(^K)[R%8Z0]#UQ5NK71=2Z[RK[R%JB0HK)ZSJ$I(D-*/)%N+'
M7G>*&AV/=TFM2:-'H$Y51B$2WV>2VMD>XSZL'U>D?J.CZ+I-5J,J?I*>IUPO
M<BVU%=;94RM!%K&9*U=4NLL;^L<.K6#7:)<1R;/T?VB]`C.H=B.R'G?*"46#
MR9FX1$9*R9>P63I!AHE6R;KUI,7-)CJ0MN`LTD1J/8I1&HCQ@C,1>PZ32*Z4
MQFM:(J?0/)203?E$9MPGLY_A/4+.,%G?O&S<.DJWK:GOVW,MBM>2QDI9UV("
M51C1JE@D^<1&G;C=U"27`NS[:I*ZS68,&+";-!*=\C)1I-1D1;$I,]YD/5FW
M=:MT-2>;$YJ2F.:3>2AE3>H:LXR2DEOU3^`V9ER6HQ,=ILVN4AJ4GS7([TEM
M*RR6<&DSSN/K](KFX='57MBHNW1HME)A2%'K2:,XK_9I1>A)&>$GZ"V;]AIZ
MY)H_TE4JZW%TN6RY2KBCY3(ILGS5DHM^H9XUB]F\NLNL3_8`UYD.',;)$R*P
M^A)ZQ$ZV2R(_3M'+H)6Q/;*I4)NF/(0M39/Q6T>:HMBBUB+>.I,EQ(+!R)LI
MF,R6]QYPD)+^9G@:E%KM&KK;[M&J<:>VPYR3BX[A+2E6"/&2]ABKI5<AUBZ#
MI$31`[.C(F^32JA+A-(;01+PI9&:3)1%M,O.+(D%P6$_'0TO1XY2[8F.J-$N
M4U"0:UM'MU4[-GG$1]7OV"$71:6CF@P3DZ3KB>K=</:3RGEID+1CS4):2H_-
M(\X,\%MWB#4.P*E<-:@U;1_;TZW8$9TG6JI5I.L:S+<I+>K_`.VL7M%B3=`<
M*HLMRJE==4E5LUZ[T]XB<)9]1$A1["(]N\QU"T=Z0H:233M+$TD)V)1(A)61
M%_-1_P`A851CU]-KKC4R;&774QDH1)D(PVITB+*E)(CP1GD\8ZQ7O+Z=X9F1
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M4O24-K(C]*5'DC]ACL0:I3:@9E`J$65A.M_4/)7L].P]PRNRXK2S0[)90LMZ
M5+(C&4G$'C"TGGT&/09%>Z5OM5B?>>+^QP6$6X!R;GJ$"DT.;5:BREUB(V;N
MH:24:CW$DL]9F9$7M,8;0J<.M4)BIQ(7D?*FI+L=22);3B%&A:%8ZR4DR'<`
M``!7NE;[58GWGB_L<%A%N(`'Q:DH2:UJ)*2+)F9X(B'+HMPT6NJEIH]3C3CB
M.$T^;"]<D*,LXR6P_>6S8?H%0S*S4[?NE->TAZ0X<-N&XYY-0J4DU<JD\D1K
M063VD>?.SCTD-X](%]W<>I85FKC0U["JM9_JT8]*4]?\C5[AECZ(IU=>1,TB
MW;/KCA'K>1,*-F,D_1@O_P!$D650+=H=NQBBT2E18+6,&3+9$:O\2MZC]YF.
ML```````TZE4Z=2XYR:E.C0V"WN2'4MI^)F-2H5MEFVWZ]3F5U1E,<Y#*(9D
MM3Z<9+4].2%:_3NF6Y]E'MJ!;,->Z14W.4>(O3J8V?S0+!LZEUNF4-,.XZT5
M9G*6M2Y'(DV6%?V<>@MOH]PPV_8EH6\HETBWX,=TCR3IMZ[A?]]63+XB3`/)
M(02C422UCP1GC>/0`&"+<08&-]EF0TIE]I#K:MBD+22B/^1C7@TRFT];JX,"
M+&4]CE%,LI0:\;LX+;C(C]:T>V77)[M0JEO0Y$QXR-QXR-*E&6XS,C+T$.E=
M5N4RZ:*[1:LAU4-Q25*2TX:#RD\EM+VBNY6@>T"AR"IDBI0JB:TN1IOE!K7&
M4G=J[LEZ>O86#(5K-3>5NW9Y'I`OBXJ6Q(6E,2JPW%+AN$18,E)(RU3,B+.S
M)'M,MN1^B+E9K%6M_%IUQB!,<-#C,PVTOH4C>>-Y&1EU[16MVVWI<D6'6(+M
MS1:E*4I)I1%8)IQY@B5KH(R26%&9ELVY(L9+.VL]!-I7U4G)<BFUN90*,3B2
M?=2@S\H<0?\``E)F6[:1GU;MNX?IRZ;8HEUT]NG5Z&4N(AY+Q-FM2//(C(CR
MDR/K,9*!;U#MR*J+0Z7&@LK,E+2PC&N>,9,]YG[Q'KRTF6C:1FQ/J!2)^Y,&
M(7*O&?H,BV)_[QD(=Y7I9O\`V08Z+*H;A?\`3/Y7,<2?618(T_\`X^\Q)[2T
M46I;KY5!V.Y5JL:M=4^HJY5PU>DB/87OW^T6"```!@O0.=4*'1:D\3]1I$&6
MZE.J2Y$=#BB+?C*B/9M,>J?1J133<.G4N%$-PB)?D\=#>MC=G5(LC=)""/)(
M21^X89<&'-)*9D1B02#RDG6R7CW9(:#UM6X_CEJ!2W,;"UX;9X^)#=F4^!-@
MJI\R''?A+2251W6R4VI);B-)[,;"^`CSVCRQ7EZ[EHT8SQC9#07_`+$.Y2*/
M2Z+"*!28$>'$)1J)EA!)3D]YX(0BKZ&M'M2C26RH28CS^WRB,XI*T'G.4D9F
MG_R&KHNT6(T?UFJS&*NJ;&ELH;;0MDD+1A1F>3(\'U;L>X0^_5:,)ND":S>U
MN5N++<4AEJH&3I,2,)))&DDGG'5DB/.!.*#H=LRA5B'6(#4XI41SE&C7*4I)
M'@RVECVB07K9L&[V(K,VH5.'Y,:C0J!(Y(S-1$6W8>=PAR="=(0HEMW==J%E
MN4FH$1E_^`_.&DZKUEB_*S"36:BIF#4%^3DN2L^3-!X2HMNQ6.LL;S'Z5_H[
MSIM0T<,2)\M^4^<MXC<?<-:L$98+)GD6F('I%B56NSZ#;=,,F4.2/+Y4IV.;
MK*$,&2D(464DK6<-&S6+8DQXL:)6*#=->HM4<3*:G:M59EQXJF6>46>H\C!J
M5@\I2K&MMUC,3\```%>Z5OM5B?>>+^QP6$6X@%;:3]*M,L5YNG>0R9M6?:Y5
MIDBY-K5,S(C4X?5DCW9W;<"%7=I'HE^VZBVJ7;U:K=0D):<D,4]1MH966#-)
MNX/*<Y(SQ@RZ^L>K;T;WW+A>1O3H5E49>->#1DZTATO_`.1[)J,\'O-:O<+!
MM71795M*2_&I29<TCUCESCY9PS])9V$?N(A.R(B```````<6Y;HM^UXZ)%?J
ML>"AS/)DZKSG,;]5)9-6,EN+K%>.:9FZJ\<>R;2K-P+(\&\EHV62]NL9&?Q(
MA/;OI=8KE#.%1JX]0Y:UH4<EMLEJ)']I.,[#V[R/>0A5-T)VN4@IMQS*G<4X
M]JG9\E6J9_X2//\`(S,6;`A1*="9@P(S4>*RDD-M-)U4H3Z"(;``````````
M`T:S2:;6Z>]3:M"9EPWBPMIU.2/V^P_09;2%./T.\-$K[D^U3?K]GFHUOTEQ
M1F]$+K4V?61>S^9'_$+,LZ]+>N^D'4Z/.0I""R^TX9)<CGZ%IZNO;N/J,=FG
MU"FSFEN4Z;%DM(49*5'=2M*3WGDTGL,0:Z]+=K4*1]&P7':Y65'JMP::7*J-
M7H-1;"]Q9/V".?1>E:_O.K$Y-G4-S_[2(9JEN)]"E=7Q+_")M9NCBT[0)+E+
MIJ5S<>=-D'RCRCZSUC_A_P"Z1"9````````````#&^PS(02'VD.H(R425I)1
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MUR(TJ(T'LZR,2X!JS:A#@KC(ER6V52GB89)9XY1PR,R27I/!&?\`(<ZMW5;E
M!E,1:Q68<)]\M9"'G,'JYQK'Z$YV9/!!7+JMV@N1VJQ68D-;Y:S:77,&:?\`
MF]B?[Q[/:.RA:'$)6A1*0HLDHCR1EZ14^F&Y[>AU"T&)%8AI>AW#'D26R=)2
MV6TI62E*263(BUBW^D=>N:8+"I#.4UMNH/GL0Q`(WEK/&[)>:6_K,5G2GM.]
MYUANKQW/H"`1*)I,A!-,DE18SR9D:EGC:1J(RSNP)K3=#%,DS$U2]JS4+GJ.
M-OE+AH93UX))'G'LSCV"SJ93*=2HJ8=,@QX<9.YIALD)+^1#<`````!'7+WL
MUIQ;;EUT5"T*-*DJG-D:3(\&1[0IUZVI5*NBC4VOP9D]:#<2U'=)S*2W[2V?
MRSD<2^*Y?\2J-4NS[4CS4.,DXJHRI!):;/)D:33DCR6"/?U[AR:%:6DF76(5
M7NJ^B;;C/)=^C:8UJM+(MZ%*V9(_:1B?U>@46M+BKJ]+BSCBJ-3)2&B<)!F6
M#,B/9U$.BRRTRVEIEM#;:2PE"$D1$7N(>P`````````````?GG^D/8<:#2G;
MMMR&[&E..<E4TQ#-*'65$9FM22V?Q$G)[CSD_2*DT.6S/NRZ3HZ)50C4AUI1
MU)R&X:"-LB,TI4>X\JP1$>>OT#]?VI9ELVG'Y&A4EB,HRPM[&LZOWK/:?NS@
M2(```````````````&L[`A.S&9KL1A<MC)-/*;(UMY+!ZJMY9+8/RUIYL*Z7
M;YCU)$E=3C5F2F+#-:B2;"SSJL8W$G>9'U[<[=_Z)T?4&?;5I4ZC5*J.5&5'
M1A3JMR?0A)[S2G<6=ONV$4E$)T@VZNXI]K,.0W)$%BHJ=EZCAMZC?(.$1Y(R
M/^(TEL](PVM;)VS?%632X+S-"G0&'3<6\;A>4H6M*BRI1JSJ&CV;!/`%>:0:
M-3BN2T*]Y.?TD598CD]RBMC9H=,R).=7?UXR,1.TYNLZ22JZFDHY!E2^6/8<
M3R7!;_[.ORO\S,<71DXRU%JB;C4A+A6]35.>4GM.*491*SGJUM?/M/:)GHJ*
M66C:VBFDHGOH]K^+?JX\W_\`'`_(6F/6Z3[ESC[:K=[B$TT.Z+:C<]$5<M-N
MY^BR$2%QRY!@U*(DDD\DLEI,LZW_`)"ZJ?96D6!`1!:THFZVDC+E)%)2\Z>3
M,]KBG#4>_9MV#@=$-Z][]<^#O_S#JT31]I`HW+>2Z59+_+8UO+:?Y3C&?X==
MP]7?MQOV#3J.BZ^JA-=F/:6ZHVXZ>5(CQULMELQL0ETB+=U#U3-%]]TV:U-8
MTM5)UQO.$28RGFSR6-J%.F1[^L;-;T>7_65LKE:5I;!M$9)\B@>3$><?Q$AP
MM;=U[ARRT17J1YZ7ZW_X7?\`YAWJI9.D2IPEPG]**FFU&1FN+24L.%@\[%H<
M(R]OI'!Z(;U[WZY\'?\`YAWZ?96D6GT]$!G2B;C2",B7(I*7G3R9GM6IPU'O
MV;=@X'1#>O>_7/@[_P#,.K1-'U_T7EO)M*LE_EC3K>6T_P`IQC/\.NX>KOZM
M^P?D.MH=16J@A]TG74R7"6X2=765KGD\=63ZA^C]#]BW`JT:57Z'<M,I;LIM
M9ZQT)IYY):ZDF1NFK6/=[!8?-K25WEQN`->,.;6DOO+C<`:\8<VM)?>7&X`U
MXPYM:2^\N-P!KQAS:TE]Y<;@#7C#FUI+[RXW`&O&'-K27WEQN`->,.;6DOO+
MC<`:\8<VM)?>7&X`UXPYM:2^\N-P!KQAS:TE]Y<;@#7C#FUI+[RXW`&O&'-K
M27WEQN`->,.;6DOO+C<`:\8<VM)?>7&X`UXPYM:2^\N-P!KQAS:TE]Y<;@#7
MC#FUI+[RXW`&O&'-K27WEQN`->,.;6DOO+C<`:\8<VM)?>7&X`UXPYM:2^\N
M-P!KQAS:TE]Y<;@#7C#FUI+[RXW`&O&'-K27WEQN`->,?#MG249&1Z2XID>P
MR.@->,88MGZ08;9MQ-(<!A!GK&EJW64D9^G!+&?FUI+[RXW`&O&'-K27WEQN
M`->,.;6DOO+C<`:\8<VM)?>7&X`UXPYM:2^\N-P!KQAS:TE]Y<;@#7C#FUI+
M[RXW`&O&'-K27WEQN`->,.;6DOO+C<`:\8<VM)?>7&X`UXPYM:2^\N-P!KQA
MS:TE]Y<;@#7C#FUI+[RXW`&O&'-K27WEQN`->,.;6DOO+C<`:\8<VM)?>7&X
M`UXPYM:2^\N-P!KQAS:TE]Y<;@#7C#FUI+[RXW`&O&'-K27WEQN`->,.;6DO
MO+C<`:\8<VM)?>7&X`UXPYM:2^\N-P!KQAS:TE]Y<;@#7C#FUI+[RXW`&O&'
M-K27WEQN`->,1>[Z1=U/K%D/7!=S-8BJN*,E#"*8B,:5ZJ\*UDJ/.PC+'M]@
MNHMQ`(;I$KLNBQZ8AJ>W2HLN5R,FJNL<JB&G4,RRD]A&I1$DE*\TL[>H>['G
M5:4Y.1)K4"O4Q)(5#JL0VR-PSSKMK2@S+*<),C(BR2O8)>`PR(L:2;)R8[3Q
MLN$ZT;B"5J++)$HL[CVGM]HYU7MN@5J1'DU:C09S\?\`Z)R0PE9HVYP1F6[.
MW`5FVZ!7'&'*Q1H,Y<?_`*)4EA*S1["R6[V;AUDI)*22DB(B+!$74*STK4VG
MG/LITX,8W'[FBI=7R2<N$:',DH\;2V%O%C1(L6&SR42.TPWG6U&D$@L^G!#.
M```````#6.!",S,X;!F>TSY)/R&=MM#2"0VA*$%N2DL$0]``````````````
M`````````````````````*]TK?:K$^\\7]C@L(MQ`(]=3-PY@S:`IA\X[BO*
M:?(7R:);:DXQKZIZJB/!ELP>TC''LNWI\2XJM<4REP:*F<PTPFG0G"<(S0I1
MFZXHDI2:SUL;"W%O$Y```!7NE;[58GWGB_L<%A%N(```````````````````
M`````````````````````````!7NE;[58GWGB_L<%A%N(``````5[I6^U6)]
MYXO['!81;B`````````````````````````````````````````````5[I6^
MU6)]YXO['!81;B``````%>Z5OM5B?>>+^QP6$6X@````````````````````
M````````````````````````%>Z5OM5B?>>+^QP6$6X@`````!7NE;[58GWG
MB_L<%A%N(````````````````````````````````````````````!7NE;[5
M8GWGB_L<%A%N(``````5[I6^U6)]YXO['!81;B``````````````````````
M```````````````````````5[I6^U6)]YXO['!81;B````%2W96JFS=%;\KF
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M-%QQG>5J5/5';5A*RU249[5;<X]!&+J+<0````AM>MVYIDBI-4VYVX]-J2=5
MUJ3$-]R-E.JKD%:Y$DE%U*(R(S,RWX&B]8M0IZ9$:U*VU384R$S#DHD1C?6@
MFV^22XVHEIPO4(B/6(R\TC$SHU-C4>DPJ5#291H;"&&B,\GJI21%GV[!"M*W
MVJQ/O/%_8X+"+<`````````````````````````````````````````````K
MW2M]JL3[SQ?V."PBW$``````*]TK?:K$^\\7]C@L(MQ`````````````````
M````````````````````````````*]TK?:K$^\\7]C@L(MQ``````"O=*WVJ
MQ/O/%_8X+"+<0````````````````````````````````````````````"O=
M*WVJQ/O/%_8X+"+<0``````KW2M]JL3[SQ?V."PBW$``````````````````
M```````````````````````````KW2M]JL3[SQ?V."PBW$``````*]TK?:K$
M^\\7]C@L(MQ`````````````````````````````````````````````*]TK
M?:K$^\\7]C@L(MQ``````"O=*WVJQ/O/%_8X+"+<0```````````````````
M`````````````````````````"O=*WVJQ/O/%_8X+"+<0````")5^\VJ5.F1
M(U&J-4^CV$R)[D,F\14*(S+)*41J5@C5JI(SQ[R$F@RX\^%'G1'4NQI#:76G
M$[EH462,O>1B":5OM5B?>>+^QP6"1[.OX#[GW_`,^_X!GW_`,^_X!GW_``#/
MO^`9]_P#/O\`@&??\`S[_@&??\`S[_@.%5[B9IEPT"AKCN..5A;Z&W$F1$WR
M;>N>2Z\EL'=S[_@&??\``,^_X!GW_`,^_P"`9]_P#/O^`9]_P#/O^`9]_P``
MS[_@&??\`S[_`(#A0KA9EW55+=3'<2[`CL/J=,RU5DYK8(B]FK_YCNY]_P``
MS[_@&??\`S[_`(!GW_`,^_X!GW_`,^_X!GW_``#/O^`9]_P#/O\`@/F1Q+1N
M%FY:1])LQW&$>4/,:BS(SRVX:#/9Z=7([F??\`S[_@&??\`S[_@&??\``,^_
MX!GW_`,^_P"`9]_P#/O^`9]_P#/O^`Y5S5AN@6_4JTZRMYN#'6^IM)X-1)+.
M",QNP)29L&-,2DTI?:2X23WD2B(\?^8V,^_X!GW_``#/O^`9]_P#/O\`@&??
M\`S[_@&??\`S[_@&??\``,^_X!GW_`5[I6^U6)]YXO['!81;B`````5E4ZLF
MUZ]=Z:C"FNG5B;D4[D(KCQ25%')HV2-*3(E$I!;#QL61^D2ZQ*;*H]ET&ES2
MQ*BP66G4D>=51(+)9]A[/Y#BW'HRMFXJDNI3SJ12ENI=UFI[B$I418(TISA.
MST$0T.B&V?6%?XJZ'1#;/K"O\5=#HAMGUA7^*NAT0VSZPK_%70Z(;9]85_BK
MH=$-L^L*_P`5=#HAMGUA7^*NAT0VSZPK_%70Z(;9]85_BKH=$-L^L*_Q5T.B
M&V?6%?XJZ'1#;/K"O\5=#HAMGUA7^*NC&O0U:;CK3SDJN*<:,S;6JIN&:,E@
M\'U9(9.B&V?6%?XJZ'1#;/K"O\5=#HAMGUA7^*NAT0VSZPK_`!5T.B&V?6%?
MXJZ'1#;/K"O\5=#HAMGUA7^*NAT0VSZPK_%70Z(;9]85_BKH=$-L^L*_Q5T.
MB&V?6%?XJZ'1#;/K"O\`%70Z(;9]85_BKHQIT-6FEY;Z9=<)Y9$E:RJ;FLHB
MW$9[SP,G1#;/K"O\5=#HAMGUA7^*NAT0VSZPK_%70Z(;9]85_BKH=$-L^L*_
MQ5T.B&V?6%?XJZ'1#;/K"O\`%70Z(;9]85_BKH=$-L^L*_Q5T.B&V?6%?XJZ
M'1#;/K"O\5=#HAMGUA7^*NAT0VSZPN#BKOS&-C0U:<=ODV)5<:1DU:J*FXDL
MF>3/!#)T0VSZPK_%70Z(;9]85_BKH=$-L^L*_P`5=#HAMGUA7^*NAT0VSZPK
M_%70Z(;9]85_BKH=$-L^L*_Q5T.B&V?6%?XJZ'1#;/K"O\5=#HAMGUA7^*NA
MT0VSZPK_`!5T.B&V?6%?XJZ/#VARU7FELO3*ZXVLM52%U-PR47H,CWCTG0_;
M"4DE,ZODDBP1%5'<$0^]$-L^L*_Q5T.B&V?6%?XJZ'1#;/K"O\5=#HAMGUA7
M^*NAT0VSZPK_`!5T.B&V?6%?XJZ'1#;/K"O\5=#HAMGUA7^*NAT0VSZPK_%7
M0Z(;9]85_BKH=$-L^L*_Q5T.B&V?6%?XJZ,]/T4VS"J<&I)D5=YZ$^F0R4B>
MMQ)+3N/5,6"`````#29J<!ZH2Z:U*;5+AH;<D-%O:2O.J9^_5/X#E4:\[8K<
M]5/I=88DR2)2DI22B)PDGA1H49$2R+K-)F/-,O:U:I45TZ!68[\E)+,DI)1)
M<)'\>HHRU5XZ]4SP-:)I$LN9*8B1[@C+?D.)::1A1:ZU'A)%DMYF):``````
M.1SCH?T(]7CJ<<J4R:R7*4K""-"S0K:>_P`XC+VGNR-:!>-LSZ;-J<>KL>20
M=LI;N6C8(RR6LE9$99+=DMO5D?:5=]MU:'-FPJLRIB$G7DFX2FC93C)*42R(
MR29$9D>,'@QDM^Z:#<2GD4>HHD+9)*G$:BD*))[E:JB(S2?4>XQVP`````:E
M5J4&D4^14JE)1'AQT:[KJ]R2&E7[DHEO-1W*O/1'\H4:64:JEK<,BR>JA)&H
M\%OP6P:TR\K9ATF%5WJQ'.%-/$9QO+AO'UDE*2-2C+KP6SKP$B\K9CT:+6G*
MQ'.!+5J,.(RLW5;?-2E)&HU%@\D19+!Y'3H]5IU:I[51I<MN5%<SJN(/K(\&
M1D>TC(]AD>TAO``````CU7O*V:-4DTRI5=B/*,DFI"B49-DH\)-:B(R01]6L
M99'VM7C;5#G-P:K5V(TA:27JJ)1DA)G@E+,B,D$9[C49$/M=N^VZ!*:BU:K,
MQGG$<H23)2M5&<:ZC(C)"<[-96"]H5V[[<H#K#56JK,=QY'*(3A2_,SC7/5(
M]5']X\%[1W6G&W6T.M+2MM9$I*DGDE$>XR,>@`````1ZFWG;-3JQTB#5V'II
M&LDH(E$3AI_B)"C+569=>J9X'V%>-M3JTJB1:NPY4"4M!-D2L+4C^)*5&6JH
MRVY(C,RP?H"/>%M2*XJA,U=A=1):FN2(E8-:2RI!+QJFHNM)'DL'L'454X*:
MJW2#DH\O<85(2Q_:-M*B2:O=E1$-P`````')K]PT>WF67JO.1')Y>HTG54M;
MBL9,DI21J/!;3P6P:TF[[;C4:+6G:LP=/EJU8[K>7#=5M\U*4D:C,L'DB+)8
M/.X?7[NMMBAQZ\NK,'39"B0R\C*^55M+52DB-1JV'YI%DL'Z!\<N^VVZ$U7U
M5=CZ-=7R;;R<F:UYQJ$DBUC5DC\W&=A[!OT2L4RNP$SZ3,;E1C4:-9&2-*BV
M&DR/!I,NLC(C'0````%84N@4:F7+?M,A,E3X,BD15O*8(S-)K\I):R+:9GC_
M`-A%&W*G,>T=TA3U'5$BDODI--D+<<>BIBK0I[5-!<D6J9%JY,S4HBZA\@NU
M5U.C&BQWZ-(BPYS2XLF!(4MV5';962G#;-)<D1(V*(S/*E$6P6#3C.Y;^J,E
M_P`^FVXI,6*WG*53%()3KAEZ4)4E"?1K+](G0`````-.JTZ%5J>]3JC'3(B/
MD27&EYPHLD>#Q[A4L>#%;T2Q6&Y<6GIA5UQ<3RDE>3FMNH+Y-MPR(S)!X).>
MK)&.-7U5&M7)<TRJ2J3341J?3T.&V^J1&:D)E\HRV\LDEG6P>3QYJ5I&"\I]
M3F5JZ9]5AT_DVK;;B2&8,LWD,+<E)Y-;CNH6U.5N8QL277D3:V7:@WI.2U5:
MO!KDIZAY1)@M<B4="74F9+02E$>N:B,E9_LF1$0M``````$!TS4>F5*PJQ+G
M0VWWX$-YZ*M><M+U?XB]NPABNQ3\&]J'5*8_3G:D5.D,>05"0J.EQHU-J4XV
MX25$2DF2<EC)I/V"!6>=28>I5=8E4F1.>J-85#B2'U,,RH[CB#6MAS55JX4G
M)$9;4J,>;7\O1/BW`U+I+M0<K]57"BNO*9CS&EI;)TV7=4\&2D*-)F7G%K"=
MZ'U37V[KG25QU-RJZ^XVJ*9J949(0E9H,R+63K$9:W6:3,6.`````"JKEFP9
ML^Y+7H:J;!5.5J5JJ5"26JA2FDI-#;9GE:R;U?0A/M/)#&3]'IL#25"J,AE.
MJVDRY599=B^0MH:,O^8C-*RV?VL]8T[+DQJ;2+FCW.ZVS+^B(*WTR3U36QY"
ME)[]Y$X3I'[3/TC[HWDQJ9&J3=S.MQW>;]-<44HR29QDQE)46W>1*UR/VGMW
MB;:*6Y;6CBVFYI*)XH#6Q6\DX\TO_#@2X````!CD&T3#IO*)+1)/74:L8+&T
M\]6P5/1'HMQJH#5'73J5;U(7RM*C+DI7+EK2VI#9ZN?ZM'G&>#RM6S.,F-!B
M3#?L+1G"@.M_2:*G!3R*3+E$.-ZWE.4[RP1.:WOV[QY8DQ7-&EE4]AQ'TPBL
M0V^1)7]8B2B09OF9;R,B)PU&?4?M$M9H],INEZ/+@PVV7Y](F.RG$YRZLGV,
M&?Q/XBP``````0B]JQ3J/6Z6ZS"8E7&ZP\W#\HE$PRPR9HY1:U'L2G)(+81J
M/<76([08L>BW5;:YU4A3/+&JHZ<J.9$QY:ZZTXI"-IX\PED1&>3(E=9F.3:T
MB.W?350<<05'D5NL)@O9PV;RFV"RE6[SC1(P?7YV!FB5BC4ZI5JJ%$;G/N7(
M_P#0J/*":;4]Y,A+[FN9ZI(+"\J/.#S@LF)Y84-;+%4J,FI0)E0J4ORF45/7
MK,,JY-"$H2>\\)0G)G@S,\X(2T````8DL,(?<D)9;2\XE*5N$DB4HBS@C/>9
M%D\>\QI4V@T2ER7Y5,H\"'(?_P"F=CQT-J<VY\XR(C/:/D"@T2FS'YU/H\"+
M+D9Y9]B.A"W,GD]91%D]NT;L>-'C<KY.PTURJS<<Y-!)UUGO4>-YGC>,P```
M```U5TZ`Y"=@+A1U0W=;E&#:2;:]8S-64XP>3,S/TY&"'0Z+!ISE,A4F#'@.
MYUXS4="6UYWY218/(4ZB4>F0W(--I4*'$<R:V(["4(5DL'E)%@]@4BAT6BI=
M11Z3!IZ73(W"BQT-$LRW&>J19'1`````!CD,,R6'(\EEMYEQ)I6VXDE)47H,
MCV&0U*M1J166$1ZO2X<]E"M9+<IA+J4GZ2)1'@QYGT.BU&"U3ZA28,J&UCDX
M[\="VT8+!8298+!>@)E#HLZG-TR928,B`WC4C.QT*:1C=A)E@L#;B1HT.,W%
MB,-,1VDZK;32"2E!>@B+81#,`````#CR[7MJ;(<DS+>I4A]P\K<>AMK4H_:9
MEDQEF4"A3GXLB;1J?(>B$11W'8R%J9(MVJ9EYO\`(?:E0Z+57V)%3I,&:]'/
M++DB.AQ39[_--1'C^0^U2AT:KK875:3!G+8/6:5)CH<-L_2G6(\#HD1$6"W`
M`````\N(0XA3;B4J0HC)25%DC(^HQR8MKVU$DMRHMO4IB0V>LAUJ&VE2#])&
M2<D8S1Z'18U3=JT>D06JB]DG)2(Z$NKSORLBR?Q!JAT5JJKK#5)@HJ;A87,3
M'03RB]J\9/XC=..P<A,DV6S?2@T)=-):Q),R,R(]^#,BV>PAE`````!SJE1*
M-55H<JE)@S5H+"%28Z'#27H+6(\#&Y;EON4SZ*70Z:JG:^OY*<5'):WIU,8S
M[<#*_1*/(IB:3(I4)VFI(B3$6PDVB(MQ$@RQL]PQ/6[0'X<>"_1*<[$C%AAA
M<5"D-%_=2983_(;--I=,I32VJ93HD)M:M92(S*6R4>,9,DD63P-P````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````!RKHE/P;9K$V*O4D1X3S
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M7E4YQ;Z''M1*-?4>6@MB2(BV)(3,``!P[V_W,N#_`"Z3_I*&KHV_X>6K_E,7
M_22),````/#SK;+2WGG$MM-I-2UK/!)(MIF9]1".TB^;4K$]N!3ZRR[)=(S:
M0:5()[&_DS41$OT^:9[!)0R-&95J;#0ZN3.8;)EQMIS*R,T+<,B01D6TC4:B
MQGTC>R7I`!B*0P<A48GFS?2@EJ:)1:Q),S(C,M^#,CV^PQYG2XT"%(G3'DLQ
MH[:G77%;D(263,_81$,K:TN(2XA1*0HB,C+K(QZ````R```#0A5>F3Y\^GPY
MK+TN`I*932%94T:BR1'[R&_D@`:S4Z([.D0&WT*E1T(<=:+>A*];5,_?JJ^`
MV0`<.X+JH%O.--5:HH8>=2:T-)0MQ9I+>K501GJ^W&!NP*Q2JA$AS(50C/QY
MN?)EH<(R>P1F9)])D1'DMY8/T#?`:L*?#G$^<20AXF'EL.:O]EQ)X4D_:1C7
MKM<I-OPDSJQ.:B1E.$T3CF<&L\X+9U[#&G0;NMVX)+L6CU1J6\TCE%H02BPG
M.,[2+K,=X:TZ=$@-MNS'T,H<=0R@U'O6M1)2GWF9D0V0`,@```````BC6D*R
MW9R8*+BA>4*=Y$DJ4:2-><:N3+&<[-XE8`.17[CHEO-LKK%0;C&\HTM(,C4X
MX9;]5"2-2L=>"V#+0ZY2:_#.;2)S4IA*S0HT&9&A1;TJ2>#2?L,B,=(``Q^-
MZ!IHN>T::5OTV#2G8L5Y[46^TLUGK.*4>3)9%O4?4/T)H5O6J7U:\JK59B(R
M^U-5'2F,E24ZI(0K/G&>WSC%B``#AWM_N9<'^72?])0XUHR9T/1+0I5-@^73
M6J)'6Q&U]3E5DRG"<]61&.>VE?NI_P#4T!SVTK]U'_J:!'[YTAZ4X%JU"2[8
MAT1!))!U`IB7C8UE$62277MP1]6<BI=&ND*_(-V1D0I,^NN2UFVJGR92E)?,
MR/<:C/5,M^M[-NP7USVTK]U/_J:`Y[:5^ZC_`-30.U:=SW]4ZVS#KU@_1-/6
ME9KE^6I<U#))F1:I>D]@VM,!&=B3#62CAI?C*F$G><<GT&[_`"U<Y]F1T;EE
M6VAF@)J329*7ZA'*FI8VGRV?,6C5,O-263,RV:N=Y"!/3ZOS6E7X5Q5`JFS4
M5MIIA.EY*1)DFT48VL;5&G^U_%D\^P8ZH_6_H.Z[I*Y:LB32:O(;AQD.DF.E
MM#R2U%(QYY&1G_$>PL8P/E01-HUQWQ4H58J!._2=*:U%.)-&JZXSK%C5ZDF:
M"]"3QMWC)6G*VY1[ZN-%S5=E^B3Y!08[+Q)90EM#:M52<>>1F9EA1X(MV-XQ
M7;4[JF5RZ7(#E28;HQH1'=CU1B+'C_U"7"<>;<VK2:E'DSV:I8+:1F-Q?TY7
M9%U29=Q5.`=-AQGF(].D$AM#RHA.*/.#-:=;J,\;]AY'/BS78]9J5W3Z[4&'
M56E"F+Y-*7&TN.$ZG!-F19(E><E)F1:RCR>#V:E1?KL%BYZ+47JNEA^U)TI3
M-4J#<IPUIU4DX1(R39'KJ+5(S(^K&!=]+_ZMB?\`8H_:0V@`5[=ESW]3*V]$
MH-@_2U/2E!HE^6I;US-)&9:I^@]@UK?NS2--K,.)5='/T?`=<U7I7EZ5\DGT
MZI;Q(+XK5TT=J$JV;6^G%NJ43R?*29Y(B(L'MWYR?P'XXNJ[;N5<U74_5:I3
MWCF.FN&B<X:8ZM<\ME@\8+=L]`_2>B6L5\M"S%5B1GZY5TK>Y-EZ0>L\?+&6
M-=6=Q9^`]\]M*_=3_P"IH$_M"HUNJ49,JX*)]#SC<4DXO+$[A)'L/6+TCH4>
M1,E4R+(J$/R.6XV2G8^OK<FKT9ZQXKU4C42BSZO+/$>&PM]?I,DEG!>T]W\Q
M3MGJK-NW!;=2K-`F0#K'*Q*G+><94A^2^LWF3(D+-1&2M9!:Q%L41;]@V=:O
M/TFFUM-V5AJ5-N)RFFA+B.2;CG*<:P2#3@U$E.24>3(\=18'RL56O4)-=H,&
MIU.8VFKP(C3STE'E#3;[1+6E+RRP1FHM4C5NUMFW`QE.NV'#J=*<J,^GJ^D*
M6TP<B>S,EQN7?U'"4I.<I-.#22]N_J'5KE1JU"=KE'CUR:;,:/2(Z)LI9..,
M$_(=;=?-1E@U:N-IEC87H&U6N4MIBITN/>58E/RDQ6V(JM21+9===-!&AQ9D
M1$X1&1:^Q)D:B]`CGTI<L&)=-)34JG">C/4GD#E343'XQOR-1>5D6-J2(]4\
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M[&;3J?1S#BDYD867\3A*,R4>Q)&DMZ3&]=M.<@PWJ*Q=TZ8HZG25H;DJ)Z1`
M4N41:_*&7G$K&22HCP:3ZCP,E3DSK8G7%1D7#6GV5P8+D5QU2),AN0^^XSJM
MFO5(M;53C6/"3/.[8.'*JUS4B+=E,1/JD-UB-`=8\MG(FOQUNR3;4>N18(C2
M1'J&9^GK'>J\RL6=4J\S!JU1J:4VZ_4D(J+I/:C[;A))2=A83A6326S9LP$H
MJA;M8M1V%=E4JR:D4EQZ-)?2XF5JQ''$K01%E*=8D[$^;M3UCDV94[M=J%JU
M5]Z>;%7,CDG-JL=QB2E32E'R+*?.0I)D1D2=Q$9*R>T7:(I?-9NFCM0U6S:_
MTZMU2R>3Y23/)$1%@]N_.3^`WK0J-;JE&3*N"B?0\XW%).+RQ.X21[#UB](B
ME%NK2)+KT:%4M'GD5.6]J.3/+DKY-&WSM4M_4(O_`$DKIN>AT6-3J3%=CTZ>
MDT2:B@]I'M_J2Q_#DMN>LMA=8V_Z.=RW17;;=CUN*X[!AX;B5%Q7G.XV&@\_
MQ:O_`#?R/:0[M%NK2)+KT:%4M'GD5.6]J.3/+DKY-&WSM4M_4.[?-:NFCM0U
M6S:WTXMU2B>3Y23/)$1%@]N_.3^`WK/J-;JE&3*N"B?0\XW%).+RQ.X21[#U
MB]([IBCK5H5SW/H]704.TB/0)<R4A;ZC<7*2@I;BE83C4ULD>#SLW[QCJU8O
M%^57*U"<GLG3JHY%96NJL,PFTH<)*6W&5><>N6#,S\XS61IV8'JOUB[Y$ZYJ
MK!<J#!4F<N.PY]*,,0V$H).J3K*]JB5G)F>T]8M7`G-J-U&HW=<E0F5F><>!
M/.)'IY.$3""..RM1F6,J/*CQMV;?2,+!ZFEJM>5<EY:NC1_HKE=A&@EN<L1'
M_CU-;&W&/8(C5Z[6(AWJRGZ*@W`VS3E/SJ2ZXYA:WN3(EDLB+62GV;241'[)
M*Y39DBZ6;0=NFMMQ(E,\M)Y$HD29;JWEI4:G"3_"@B+"2(B\XL[B&"TK@JLR
MK6S%E5-4EIQNKLJ=V$4SR=]M#3ID6PS-.L>S9O,<HJQ5*S5:=3BN67$AS+AJ
M<4WHSJ24MEM!FAM*C(\;2P1EM]&T3&R'YC%9N2@.U*348E->8\GD2EDXZGE&
M]932EX+6U3P>3VX61'N'X9J?_6,K_ME_N,?JW^BM_P`/ZA_FCG^DT+M``'#O
M;_<RX/\`+I/^DH:NC;_AY:O^4Q?])(DV"]`8+T##,BQIL5Z),CMOQWD&AQIQ
M)*2M)[R,CWD(U;6CZSK8GN5"B4-B++61ERNLI:DD>\DZQGJE[L"5X+T!@O0&
M!R;HK%.H%!FU:K$HX,=&7B2C7,R,R3C5Z]XBCC6CRR*,5[,4F+$CK;0IM^.Q
MK+U7,8)">K.=I%C8)"BU[8D5=NY"HL0ZDK#J9)M>=K8V+]&MC^UO]HRIC6])
M=J=`*-%<4K5E38IM;%<JHS):MF#-1H5\![DVW0952>JDBDQG9KR&T./+;RI9
M(42D9].%)29'OV$/DB'22<>HZZ3RC%4)UZ3B/EEP_-)7**W:RB,L$>_5/T#5
MN&W;6EN_3M9HL22_":-?++9UE:J,J(C_`.;&,D1YVC>IK=)J4)54C16S;J[#
M;KJE-X4\@VR).OZ?-/`T:K0;3C,_2M3IL!MF#!7&-YU!$EN+JX4@^K5QG9[3
M](A-(5HY2_`9.RY-,C2U*8B39M.-MJ0;J=74US,S\].PB619+80M="4-H2A"
M22E)$1$1;"(>L@`8#!>@!7]1T0Z/:E4)51FT#E)4IU3SJ_*GBUEJ/)G@EX+:
M?4)7;E`I-M4EJD46+Y-!:4I2&M=2\&H\GM49GO,=7!>@`'-N)-,.ASG*Q'1(
MI[+1OOMK1KD:6_/_`(>O&KG^0^(*F7#2(<ER.B1#D):E-)>1[EH5CJ,CP?L,
M>RI%+*.U'*!')EJ1Y4VCDRPE[7->N1=2M8S//I,<Z$Q;MQ1*JI-.8?8E2'(L
MU+S)?URV5&V>L1[\&G!'["&:G6O;M-@I@0:1%9BD^F3R9-[W4F1I69GM-1&1
M8,_00W)-(I<LYAR:?&>\M:2Q)Y1LE<LVG.$JSO(M96SVF.9'LNU8U)E4=FA0
MDP)1DI]GD\DZ9;C49[3,NK;LZL#Y$LJTX:DJBT""THD)1E+19,DN$X6?29+2
M2LGD\D.V4*(4XZ@4=ORPVB9-[5\\T$9J).?1DS/`YM?M>W[B-E5:I,:8MG)-
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M/*L>C)[\8SUCN``8(:=7ID"LTZ13*G%;E0Y"-1UIPLDHO_T?61EM(Q[I\&)3
M83$"!';CQ6$$VTTV6$H26XB(;."``&M3X,.G12B0(S4>.E2E$VTG521J4:E'
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MU/\`ZQE?]LO]QC]6_P!%;_A_4/\`-'/])H7:``.'>W^YEP?Y=)_TE#5T;?\`
M#RU?\IB_Z21)@```!#=+..8D\C(C+EHN2/<9>4M;!5]:0^]2:_9SK;A1K1@U
M*5E1;%)6VLH19Z\-N+_F@A[T@R(,MZL)<7`:F4RFLH854*BXATEFQKI5$8;(
MLF9J(C5D\J3C&$CZ\IA,NZ:U291+N"3;,25%<;E*4MU2DND\M"25YV"27\)'
MJF6S!GMU8Y>20[A>HM5HB8YVY->?9H\V3))9ZG]4XXI>Q#A'G:9DI65;\"5U
M-F+:3M*5".H*8*@U2=()N2I;S[NK',UZRC/S^LCQ@NHNH1:CO0:?7%18,ZC)
M;G4&;RK=.J3DOEG"0A2#=6O"5.8USV$1XUC/8,-6.`BGP)TN?3Y*H=O0EE`F
MSG8,ADB9UB7#<3YJE*/9_"9ZR2+/4+2TD1)=4T8S&XD62\[R,=]4919=<0AQ
M#BT&76HTI46.LQZG7Q:M08I3%-=AUV1493*6(;*TK6DM8C-U:=IH)LB-1FHB
MP:<;#$`JRZ3]&5ZIR:BM.D)BIOMPVO*E%(2LGC*.VVUK;6U-ZFPB-)DI1GUF
M-^OP&E4[2E<)O2CJ,);\:*ORA>K'0<5E2M1.<$9F>_&=A#>H)6S'O"VN952\
MJ<EMO*JO)2UO\HR31F3CY&H\+Y74(C/![5%[K:`````!PKY_W*N+_+9/^DH5
MU;E"IUQU:FPZRAV3"8M2F+1&-]:6M=1ND:C2DR(U$1;#/<.50GJ;4H]I,7S4
M/_HWT,M<=4V4;33LE+VJ>LO6+66ELDXR?6H]XYJ7=>U*''BRHJ[>DURIDX]5
M)3K;#W]8LV"><3YQYVGA6PS(L]0VX;M6C46,5MU)B974U1]%$8A/.NQC9)M/
M+MFIW&NRDR,R5M(EFDB/J%LZ/G*<[:-.<IDF1):4@S<=E&9O*>R?*<IG<O7U
MLEU'L+81"2@```````````````````````&/YRU/_K&5_P!LO]QC]6_T5O\`
MA_4/\T<_TFA=H``X=[?[F7!_ETG_`$E#5T;?\/+5_P`IB_Z21)@```!Y6A*T
MFE:24D^HRR0^&TT9K,VT&:RPO*2\XO0?I&-<.(N0W)7%94^VDTH=-LC4DCZB
M/>1#RU!A,K:6S$8;4TCDVU(;(C0G_E+!;"]@^L0H<=+J&(C#273-3A(;))+,
M]YG@MO\`,9C;09D9H29D1D1XW%Z!K,TVGLI0AF#&;2VHUH)#22)*C+!F6"V&
M9'C(]/083RV7'HC#BV/^B4MM)FW_`(3,MG\ALC68@0H[[LEB&PT^[_TCB&TI
M4OWF19,>E0XBY2)BHK)R4)U4O&V1K27H)6\B&A<E%9KM`J=&<<-A$]E;2W&T
MEK%K%C/M,;T:'%C+<<8CM-N.GEQ:$$DUGZ3,MY^\;``````/BDDI)I41&DRP
M9'UCXEMM!Y2A*3U23DBQL+<0POPH<AE+#\5AUE)DI+:VR4DC+<>#+`].Q8SS
M"X[K#3C*\Z[:D$:59WY+<8^M1X[1()IAM!-IU$:J2+53Z"]!>P>T(0V1DA"4
MD9F9X+&3/K'H````````````````````````Q_.6I_\`6,K_`+9?[C'ZM_HK
M?\/ZA_FCG^DT+M``'-N.$]4K>JM/CFDGI41YEO6/!:RD&DLGZ,F(!;[6E2BT
M*F4=JBVRZW!BM1DN*GND:B0DDY,B1[!5[W](ZNLO.-+MNG:R%&D\/N;R/`\?
M63K?9NG_`(RP^LG6^S=/_&6'UDZWV;I_XRP^LG6^S=/_`!EA]9.M]FZ?^,L/
MK)UOLW3_`,98?63K?9NG_C+#ZR=;[-T_\98?63K?9NG_`(RP^LG6^S=/_&6'
MUDZWV;I_XRP^LG6^S=/_`!EA]9.M]FZ?^,L/K)UOLW3_`,98?63K?9NG_C+#
MZR=;[-T_\98?63K?9NG_`(RP^LG6^S=/_&6'UDZWV;I_XRP^LG6^S=/_`!EA
M]9.M]FZ?^,L/K)UOLW3_`,98?63K?9NG_C+#ZR=;[-T_\98?63K?9NG_`(RP
M^LG6^S=/_&6'UDZWV;I_XRP^LG6^S=/_`!EA]9.M]FZ?^,L/K)UOLW3_`,98
M?63K?9NG_C+#ZR=;[-T_\98?63K?9NG_`(RP^LG6^S=/_&6'UDZWV;I_XRP^
MLG6^S=/_`!EA]9.M]FZ?^,L/K)UOLW3_`,98?63K?9NG_C+#ZR=;[-T_\98?
M63K?9NG_`(RP^LG6^S=/_&6'UDZWV;I_XRP^LG6^S=/_`!EA]9.M]FZ?^,L/
MK)UOLW3_`,98?63K?9NG_C+#ZR=;[-T_\98?63K?9NG_`(RP^LG6^S=/_&6'
MUDZWV;I_XRP^LG6^S=/_`!EA]9.M]FZ?^,L/K)UOLW3_`,98?63K?9NG_C+#
MZR=;[-T_\98?63K?9NG_`(RP^LG6^S=/_&6'UDZWV;I_XRP^LG6^S=/_`!EA
M]9.M]FZ?^,L/K)UOLW3_`,98?63K?9NG_C+#ZR=;[-T_\98?63K?9NG_`(RP
M^LG6^S=/_&6'UDZWV;I_XRP^LG6^S=/_`!EA]9.M]FZ?^,L/K)UOLW3_`,98
M?63K?9NG_C+%"2'3??=>,B(UJ-1D75D\C]9?T5O^']0_S1S_`$FA=H```8_#
M<_1??+DV0XBAY2IU1D?E3.[)_P!\8.BR^_47ZICQAT67WZB_5,>,.BR^_47Z
MICQAT67WZB_5,>,.BR^_47ZICQAT67WZB_5,>,.BR^_47ZICQAT67WZB_5,>
M,.BR^_47ZICQAT67WZB_5,>,.BR^_47ZICQAT67WZB_5,>,.BR^_47ZICQAT
M67WZB_5,>,.BR^_47ZICQAT67WZB_5,>,.BR^_47ZICQAT67WZB_5,>,.BR^
M_47ZICQAT67WZB_5,>,.BR^_47ZICQAT67WZB_5,>,.BR^_47ZICQAT67WZB
M_5,>,.BR^_47ZICQAT67WZB_5,>,.BR^_47ZICQAT67WZB_5,>,.BR^_47ZI
MCQAT67WZB_5,>,.BR^_47ZICQAT67WZB_5,>,.BR^_47ZICQAT67WZB_5,>,
M.BR^_47ZICQAT67WZB_5,>,.BR^_47ZICQAT67WZB_5,>,.BR^_47ZICQAT6
M7WZB_5,>,.BR^_47ZICQAT67WZB_5,>,.BR^_47ZICQAT67WZB_5,>,.BR^_
M47ZICQAT67WZB_5,>,.BR^_47ZICQAT67WZB_5,>,.BR^_47ZICQAT67WZB_
M5,>,.BR^_47ZICQAT67WZB_5,>,.BR^_47ZICQAT67WZB_5,>,.BR^_47ZIC
MQAT67WZB_5,>,.BR^_47ZICQAT67WZB_5,>,.BR^_47ZICQAT67WZB_5,>,.
MBR^_47ZICQAT67WZB_5,>,.BR^_47ZICQAT67WZB_5,>,.BR^_47ZICQAT67
MWZB_5,>,.BR^_47ZICQAT67WZB_5,>,.BR^_47ZICQAT67WZB_5,>,.BR^_4
M7ZICQAT67WZB_5,>,?I/^CM0*M;MF3858B>32%U!;J4<HE>4FVV6<I,RWD8_
"_]D_
`
end

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>g573451.jpg
<DESCRIPTION>G573451.JPG
<TEXT>
begin 644 g573451.jpg
M_]C_X``02D9)1@`!`0$!L`&P``#__@`Y1$E32S`Q,CI;,#-#2$DU+C`S0TA)
M,C`P-2Y/5510551=2D%-15-?1U]'24175%I?4TE'+D504__;`$,`!P4&!@8%
M!P8&!@@(!PD+$@P+"@H+%Q`1#1(;%QP<&A<:&1TA*B0='R@@&1HE,B4H+"TO
M,"\=(S0X-"XW*BXO+O_```L(`&``I0$!$0#_Q``<``$!``,!`0$!````````
M````!P0&"`4#`@'_Q``^$``!`P,#`@0"!P4(`@,````!`@,$!081``<A$C$3
M05%A%"((%3)"<8&1%S-2@K$6(R1B<I*AHD-3<\'1_]H`"`$!```_`.D=---2
M!%ZW;>UR5BA6,B#3Z?2W/"D5>8V7BM841AM`^7G!(SG@9XR-?"X$[P6?35UU
M-PTZY8D0*=E17(*6%^&.24E/?`SY\>AU1K(N>%>%LPJ_!0IMN0D]32CDM+!P
MI)/G@COYC!UL&FFFFFFM7O*^K9LQEE=>J(9<>SX3*$%QQ>.Y"1Y>YP->+9&[
M5HWE4U4NG/2(\WDMLRVP@O`=R@@D'CG'?&>.-4+33333336+4UN-4Z4XS^]0
MRM2.<<A)QJ3?1C#)VY<=1TEY=0>+ZAW*L)QG\L:I]SS(]/MRJSI9`CL1'7',
M_P`(0<ZF7T8X4J)ML7I*5);ESG7F`?-&$HR/YD*U8=-----3C<F_9-(D,6Q:
MD45.[)PPU'1\PBI_]CGD/4`X'F>.\RK=KTNRXC58O)K^V%_5EWIB05J4MHKR
M`#T@`J`R!R.<@`#OK7]G(=7N3>?ZRJ,.-$<I"75R6HL9##;:@%-I1A`QG*N_
M)(2>3C76FFFFFFFFOXH`@@C(\QJ([(!5LWE>MA/JP(\GXV(#P5-JX)`_TEO6
M/NS<$V]K@9VLM;*PMU)JTQ'S(92DY*21V"<9/OA/KJU4:FPZ/2HE+@-!J+%:
M2TV@#&`!_7S/N=9NFFFFIONK?,FA(BVY;2!*NRJ*#<1E.%>"#_Y%`\>N,\<$
MG@'7H[;V)%M"$])DO&?<$X^)4*@[\RG%GDI23R$Y_7N?0<S[M7K4'=V*G4J3
M+Z%4\*@170D$M`)*5E&>RNHKPH<C/&KOL+9;EJ6@JI3FUBK54)?>0M.%-H`/
M0CUSSD^ZL>6H/9FZ=S0MQ&ZO5*G)?BS901,C+62V&U*Q\J.R2GC&/3'F==H#
M33333337*'TB*Q$@;B1YUM5=R/6$PS'GKB.%)0<D`%0^\4G!'D`-4RTYNW^T
MMH-&5<$67,F@/O/L$.NRE$9'2E.2$@<#.!SDG)U^+<WAJ=W73"IUM6=+=I"G
MPB3/?41X:/-1Z04IP.<%1)[:LVFFFM9OZ[J=9=N2*Q/4%+'R1F`?F?=(/2@?
MIR?(`ZU/:"TZA&3,O6[&^NYZRKQ%^(/FC,G[+8'W>,9'D`D>1UX&\V\C-O*E
M6W;92_6.DH?E!641"?(?Q+'Z).,Y/&M7^CGM]"JJ5WO6\2E-R%(B,N?,`XG!
M4ZK/<Y/&?/)]-=,^6N"-S:(+:O\`K=*:*PTS)*V2>X0L!:>?8*`S[:[HH3[D
MFBT^0ZOK<=C-K4KU)0"3K/TTTTTSJ'[C;FU&;5G;1L%YD26@KZQJSI"6(2!P
MH^(>$]/FH]CP,G4JIEO.773)-O63;[50PX%U&YZD.E2G`<D-D_NTGTY60<D#
M.I4VM<&>E>&75L.@XX6A12K]%`X_,:Z3VZO:GVU&E7;>]6$5VY5>)!I\5I:V
MV&&E*2"$)!Z`22!Z@9Y.=5BS=P[6O!+YI$_YVGO"\.0`VM9(R"E).2#S[\'6
MWZ::B$!O]J.Z#E8<6E=JVJ[X49![29/<JP?($`_@$^IUA;L[JR)4A-F[>.N3
M:K(46WI4,%91ZH:([J]5#@#L<\C.VRV2I%,IPGWC$:J57DI)6PZ>MJ.#Y?YE
M^JO7MZF=VW7;@MVE7)MQ;LLQKC;K*O@DY3EUL9"T(41@*^1)^8C()QSKINU%
M5E=MTQ=Q-MHJYCI,I+>,!S'/;C/KCC.<<:YX^E91$LU6BW`TE`^(:7%>P,$J
M1\R2?7A1'\NNAK16ERU:*XAWQ4*@L$.?QCPT\Z]C3334RW4W7IEBA,!ACZQK
M3B0L10KI2T@_>6K!QVX`Y/L.=1.EU3<C=VKRE?7;M*H3"29;C;BF8L9KN00"
M.LXSW/XD#7JVC9J+UG+H%OEZ-M_`?!EU#'2]57DCN3Y]STC&$).<=1U3=WUM
M6?M=]2VTRU`^,=;IS"&AR`YGJQYDE(.3WYSWU']_+:LVU8%O4FC!M%;8:Z9(
M;'+K>/WCO^8JSCVSY`:DU=K$VMR([TL(2F-&:BL--@A#32$]*0`2?<GU))\]
M>KMW,IU,NF+6JHX!&I@5,#05A3[B!EMM/N5].?09/EKL':&[9]Y68U6JHW';
MDE]UM08!"<)/'<GR.MY!"@"""#YC6)5GHT>FR79<U$)@-D+D+6$!H$8ZNH\#
M&=<E[:0[\K[=7L6VZXVS;H?69M00T.DI4>G*58ZSUA/"<C(SG`SJE0ZIM?LV
MPY3HRS5+D">EXLMAQ]:C]TJ^RV.WR@Y]B=?5*-W-Q?F6X;'HAY2$!1E.?T5C
M_8/QU!(S[U@[J^*\\)ZZ34U)==<21XP"B%*\R"02?/!]==T1WF9$=M]AQ+C+
MB0M"TG(4DC((]L:YO^D-\==U^T"R*(&WYC,=QXMET('B+&>DDG`/0V#_`#>^
MMH^CQ=P?MJ7:U8<^'J%!*DD/$)/@9/?/\!"@?0=.MGVBOZ7?L6LRI$%F,W$F
M>$P6B2%MD9&<_>]3QW[#5%TU+M[]QO[$41$2FK3]>S@?A\I"@R@'YG"#^@![
MG\#J#;:VQ<5_R7VFVW(\20M7UM7'LN.O))!\)"E>9P,@=_O'&$ZK.[K$&T-O
M:7M_;#/P[];DHB-`'YEIZD^(I2O,J)0"?11\AJLVG0(5L6]!H=/3AB*V$]6.
M5J[J4?<DD_GK6=XK,EWK:B8-,?0S4HLE$J,I:RA)4,@@D=N%'!]0-3%>P%1F
M2*)4:I71-GN/^)6U/N*6'$Y!PV<=1.`4DJ(SG/';6MW;:/[/+CJL>>P6[,N)
M"H:);74ZJ"DK2XC(/.4J3GIS\R0><ZW7;_82@Q2NI7!/9KC#[7^&;9"FVBA0
MR'"0<DX/'D._/&#GT=X293J(EW5*/2UKZOA`V"?<%74`>!WZ?UU9[:HD*W*%
M"HE/\3X6(WX;?B+ZE$9SDG\2=3S<7;>M7U=L)=0K@8M2.VDF&R5!Q3F3U'&.
MG)X'4<X'8:T&NU0S[O>VOM6=!LJ@PCX4N25!IV6H8!`/!43G@9RKDD^6JQ8.
MV5I6@A$JGQOC)Y',^3AQP_Z?)/\`+^9.O4N6_;0MA:FJU78L=\#J+`)6[C_0
MD$ZXQN2LT2IIKKH@O.5276');$]3F/\`#JZO[M23YY(.=;LFZMR;DL"B6S0:
M!5DPXP#"Y\)MPB4E/"4E0`"0//GG'.O+INS6Y%4E(<?I"XH<<`6_+D(24YQE
M1'45'OY`G7K7ULE<%HT-ZOQ:JS4FF$E4I+;2D+;2>"H`D]21GGM@<^N*?]'*
MT$TFE*N.+<WQT6I1TI7":04H9=!!/5DG*T\I[#@^XU<--:K<M@VI<]7B5>N4
MI$N5&;\-!6M024Y)`4D'"ADGOZZV6+'CQ([<:*RVRPVD)0VVD)2@>@`X`U%]
MVE-2-X-M(4@X:1(4[SR"KK3T_P#*!JVCL--->1=%`I]S4*91:FUUQI*.DD?:
M0K[JD^A!P1J)6'<M9VON%&W][*4:0ZX4TNIJ!Z`">!G^`Y''=!//';H0'(SI
MIK3[QVYM&\%^/6J4E4L)Z1*946W<#ME0^UCWSJ95G92KT6D37+,O:M,%#:U(
M@K=*4NC&>CJ01@GGGI\]:GM/L]0+QH;-=J-Q2'5*4I,B%&2E"V5@D=*U*R<G
M@]AWU2MR=OJ)2]J:U`M>VXQDH;;<24M=;RNE:2I74?F*@D*\_76Z;7T]=,V]
MMV"]%<BNMPF_$9<^TE9&59].23CWUM>ORZVVZVMIU"5MK!2I*AD*![@CTU`*
MA#J&REW/UVGQU2;&JSJ4RF$<JA+)."![9./4?*><'5WIL^'5($>H4^2W(B2$
M!;3K9RE:3YC65IIJ/[_05Q(UNWO';*G:!46W'N@?,65*3G_LE/\`N.JU#DL3
M(C$N,XEQA]"7&UI[*21D$?D=?;336K7]95&OBC&FU5LI6C*H\E'VV%D8ZAZC
MU!X/Z'4ZVTO.IVS7/V:7VL(FL813IZU?+)03\B2H]\CA)]ND\CFW::::BU[V
M?7K2N5S<#;YHO+=.:G1T`],D?>4D#N?/`Y!Y'F-;E86Y5M7HV&H4@QJDE.78
M$GY74D=\?Q`>H_,#6[Z::QJC!AU."_`GQVY$1]!;=:<&4K2>X.H;(C5O9*J*
MG0OBJI8$IS^^CE74Y3U*/VAGRY[\!78X.";?2:E!J].CU.FR6Y,.0@+:=;.0
MH?\`[Y$>1UF::P:U3(M9I$VDSD=<:6RIEP>?2H8X]]2/9VXIUOU:5M==3O3/
M@*/U6ZH8$ECD@`^>!R/;(^[JU::::G.]%E1;LM.3(0E+=7IS:I$.1V(Z1E2"
M?0@?D<'7K[55U^Y-OZ'5Y6?B76.AU1.2I:"4%7YE.?SUM^FFFIIN#M'0+MD?
M6D1Q='K85U_'14_;5Y%:<C)S]X$'WUIK]9WML1!;J%,CW33&NTMI)6X4^_3A
M0QYDI/XG693?I#VXHAFMT2JTV3U84E*4NI3_`,I5^73K;8^\VV[[86+E;;)^
MZ['=21_UU]E;O;<)QFZ8O(SPVX?Z)UXUR;Q;7JI<B+)G_6S+S92N(S%6OQ`?
M(]0"?U.OW]'V*XQ8TASZOD084FI/R(+,A14H1U=/1S^1Y\\9\]53336B;E[>
MP[SCQYC$ERGU^!\T&>T2"A0.0E6.2G//'(/(\P=/MW=2IVW)1;^ZL!VFS1PS
M4T-%3,D#C)Z<C/NGCGD)U8X,V'4(K<N#*9DQW!E#K*PM*A[$:R,C36D;JW;3
M+6M6892PY.F-+CPXB#EQ]Q0Z1@=\#/)_^R!K+VNH2[;L&ATAY'1(:CA;R<<A
MQ9*U`_@5$?EK;------>96:!1*XTEJL4F%/0G/2)+*7.G/H2./RUJ[FTNW3F
M>JU88R`/E*T_T5K#_8MMKXGB?V:3G.<?%/8_3KU[%,VWL:ERF9<*V*>V^S^[
M66^LI/K\Q//OWUMXXTTTTUY]:HM*KL%<"L4^/-BJ[MOH"@#ZCT/N.=2*?L:*
M>^N58UW56@NKSU->(I:"/0%)2K]>K6$];GT@*>H?"7=3YZ<=`ZBC('J>ML<_
MF=9[5)W]F]#,FY:'`;(PMUMI*EXSW`#??'X:VVU-M*71ZG]>5>=+N"N_=G5%
9766O_C2<A/X\D>6-;]IIIIIIIIIIIK__V3\_
`
end

</TEXT>
</DOCUMENT>
</SUBMISSION>
