<SUBMISSION>
<ACCESSION-NUMBER>0000950144-07-000087
<TYPE>DEFR14A
<PUBLIC-DOCUMENT-COUNT>3
<FILING-DATE>20070105
<DATE-OF-FILING-DATE-CHANGE>20070104
<EFFECTIVENESS-DATE>20070105
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>APPLICA INC
<CIK>0000217084
<ASSIGNED-SIC>3634
<IRS-NUMBER>591028301
<STATE-OF-INCORPORATION>FL
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>DEFR14A
<ACT>34
<FILE-NUMBER>001-10177
<FILM-NUMBER>07511340
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>5980 MIAMI LAKES DR
<CITY>MIAMI LAKES
<STATE>FL
<ZIP>33014
<PHONE>3053622611
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>5980 MIAMI LAKES DRIVE
<CITY>MIAMI LAKES
<STATE>FL
<ZIP>33014
</MAIL-ADDRESS>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>WINDMERE DURABLE HOLDINGS INC
<DATE-CHANGED>19970224
</FORMER-COMPANY>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>WINDMERE CORP
<DATE-CHANGED>19920703
</FORMER-COMPANY>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>SAVE WAY INDUSTRIES INC
<DATE-CHANGED>19830815
</FORMER-COMPANY>
</FILER>
<DOCUMENT>
<TYPE>DEFR14A
<SEQUENCE>1
<FILENAME>g04950defr14a.htm
<DESCRIPTION>APPLICA INCORPORATED
<TEXT>
<HTML>
<HEAD>
<TITLE>Applica Incorporated</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<H5 align="left" style="page-break-before:always"><A HREF="#tocpage">Table of Contents</A></H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">

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

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

<DIV align="center" style="font-size: 18pt; margin-top: 12pt"><B>SCHEDULE 14A</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Proxy Statement Pursuant to Section&nbsp;14(a)<BR>
of the Securities Exchange Act of 1934</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Filed by the registrant <FONT face="Wingdings">&#120;</FONT>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Filed by a party other than the registrant <FONT face="Wingdings">&#111;</FONT>
</DIV>


<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Check the appropriate box:</TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><FONT face="Wingdings">&#111;</FONT>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Preliminary proxy statement</TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><FONT face="Wingdings">&#111;</FONT>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><B>Confidential, for Use of the Commission Only (as permitted by Rule&nbsp;14a-6(e)(2))</B></TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><FONT face="Wingdings">&#120;</FONT>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Revised definitive proxy statement</TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><FONT face="Wingdings">&#111;</FONT>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Definitive additional materials</TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><FONT face="Wingdings">&#111;</FONT>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Soliciting material pursuant to Rule&nbsp;14a-11(c) or Rule&nbsp;14a-12</TD>
</TR>
</TABLE>
</DIV>

<DIV align="center" style="font-size: 18pt; margin-top: 18pt"><B>APPLICA
INCORPORATED</B></DIV>
<DIV align="center" style="font-size: 10pt; margin-top: 0pt">(Name of Registrant as Specified in Its Charter)
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>N/A</B><BR>
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Payment of filing fee (Check the appropriate box):
</DIV>


<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><FONT face="Wingdings">&#111;</FONT>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>No fee required.</TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><FONT face="Wingdings">&#120;</FONT>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Fee computed on the table below per Exchange Act Rules&nbsp;14a-6(i)(4) and 0-11.</TD>
</TR>
</TABLE>
</DIV>

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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">(1)</TD>
    <TD width="3%">&nbsp;</TD>
    <TD>Title of each class of securities to which transaction applies:
Common Stock, par value $0.10 per share, of Applica Incorporated (&#147;Applica
common stock&#148;)</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">(2)</TD>
    <TD width="3%">&nbsp;</TD>
    <TD>Aggregate number of securities to which transaction applies:<BR>
<BR>
15,178,966 shares of Applica common stock<BR>
<BR>
1,003,880 options to purchase shares of Applica common stock</TD>
</TR>

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

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

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


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


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">(3)</TD>
    <TD width="3%">&nbsp;</TD>
    <TD>Per unit price or other underlying value of transaction computed pursuant
to Exchange Act Rule&nbsp;0-11(set forth the amount on which the filing fee is
calculated and state how it was determined):<BR>
$7.75 per share of Applica common stock<BR><BR>

$7.75 minus weighted average exercise price of outstanding options of $4.48
per share subject to option</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">(4)</TD>
    <TD width="3%">&nbsp;</TD>
    <TD>Proposed maximum aggregate value of transaction:<BR>
$120,919,674.10</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">(5)</TD>
    <TD width="3%">&nbsp;</TD>
    <TD>Total fee paid:<BR>
$12,938.41</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><FONT face="Wingdings">&#111;</FONT>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Fee paid previously with preliminary materials.</TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><FONT face="Wingdings">&#120;</FONT>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Check box if any part of the fee is offset as provided by Exchange Act Rule
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.</TD>
</TR>
</TABLE>
</DIV>

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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">(1)</TD>
    <TD width="3%">&nbsp;</TD>
    <TD>Amount previously paid:<BR>
$9,910.49</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">(2)</TD>
    <TD width="3%">&nbsp;</TD>
    <TD>Form, schedule or registration statement no.:<BR>
Schedule&nbsp;14A</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">(3)</TD>
    <TD width="3%">&nbsp;</TD>
    <TD>Filing party:<BR>
Applica Incorporated</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">(4)</TD>
    <TD width="3%">&nbsp;</TD>
    <TD>Date Filed:<BR>
November&nbsp;2, 2006</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">(1)</TD>
    <TD width="3%">&nbsp;</TD>
    <TD>Amount previously paid:<BR>
$ 865.87</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">(2)</TD>
    <TD width="3%">&nbsp;</TD>
    <TD>Form, schedule or registration statement no.:<BR>
Schedule&nbsp;14A</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">(3)</TD>
    <TD width="3%">&nbsp;</TD>
    <TD>Filing party:<BR>
Applica Incorporated</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">(4)</TD>
    <TD width="3%">&nbsp;</TD>
    <TD>Date Filed:<BR>
December&nbsp;15, 2006</TD>
</TR>

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

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

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


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR valign="top" style="font-size: 10pt; color: #textcolor#; background: #bgcolor#">
    <TD width="1%" nowrap align="left">(1)&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD>Amount previously paid:<BR>
$ 851.04</TD>
</TR>
<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">(2)</TD>
    <TD width="3%">&nbsp;</TD>
    <TD>Form, schedule or registration statement no.:<BR>
Schedule&nbsp;14A</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">(3)</TD>
    <TD width="3%">&nbsp;</TD>
    <TD>Filing party:<BR>
Applica Incorporated</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">(4)</TD>
    <TD width="3%">&nbsp;</TD>
    <TD>Date Filed:<BR>
December&nbsp;22, 2006</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">(1)</TD>
    <TD width="3%">&nbsp;</TD>
    <TD>Amount previously paid:<BR>
$861.37</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">(2)</TD>
    <TD width="3%">&nbsp;</TD>
    <TD>Form, schedule or registration statement no.:<BR>
Schedule&nbsp;14A</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">(3)</TD>
    <TD width="3%">&nbsp;</TD>
    <TD>Filing party:<BR>
Applica Incorporated</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">(4)</TD>
    <TD width="3%">&nbsp;</TD>
    <TD>Date Filed:<BR>
December&nbsp;28, 2006</TD>
</TR>

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

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

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


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



</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><IMG src="g04950applica02.gif" alt="(Applica Logo)">
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>APPLICA INCORPORATED</B><BR>
3633 Flamingo Road<BR>
Miramar, Florida 33027
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>FOURTH SUPPLEMENT TO PROXY STATEMENT</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>$7.75 PER SHARE UNDER<BR>
HARBINGER CAPITAL PARTNERS MERGER AGREEMENT</B>
</DIV>
<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>SPECIAL
MEETING ADJOURNED UNTIL JANUARY 10, 2007</B>
</DIV>

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

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="47%"></TD>
    <TD width="5%"></TD>
    <TD width="47%"></TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="left" valign="top">Dear Fellow Shareholder:
</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">January&nbsp;4, 2007</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On or about December&nbsp;6, 2006, we mailed to you a definitive proxy statement relating to a
special meeting of our shareholders for the purpose of considering and voting on a proposal to
adopt the Agreement and Plan of Merger, dated as of October&nbsp;19, 2006, among Applica and APN Holding
Company, Inc. and APN Mergersub, Inc. (which are subsidiaries of Harbinger Capital Partners Master
Fund I, Ltd. and Harbinger Capital Partners Special Situations Fund, L.P., and which we refer to,
along with such funds, as Harbinger), pursuant to which, among other things, upon the merger
becoming effective, each outstanding share of Applica common stock, par value $0.10 per share
(other than shares owned by Applica or Harbinger), would be converted into the right to receive
$6.00 in cash, without interest, and Applica would become an indirect wholly owned subsidiary of
the Harbinger funds.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On December&nbsp;14, 2006, the parties to the merger agreement amended the original merger
agreement to provide for an increase of $0.50 in cash per share over the $6.00 in cash per share
provided for in the original merger agreement. On December&nbsp;22, 2006, the parties to the merger
agreement amended the original merger agreement for a second time to provide for an additional
increase of $0.50 in cash per share over the $6.50 in cash per share provided in the amended merger
agreement. On December&nbsp;27, 2006, the parties to the merger agreement amended the original merger
agreement for a third time to provide for an additional increase of $0.50 in cash per share over
the $7.00 in cash per share provided in the amended merger agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On January&nbsp;3, 2007, the parties to the merger agreement amended the original merger agreement
for a fourth time to provide for an additional increase of $0.25 in cash per share over the $7.50
in cash per share provided in the amended merger agreement, such that upon completion of the
merger, each outstanding share of our common stock (other than shares owned by Applica or
Hardbinger) will be converted into the right to receive
</DIV>

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

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

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

<DIV align="left" style="margin-left: 0%; text-indent: 0%; margin-right: 0%; font-size: 10pt; margin-top: 6pt">$7.75 in cash, without interest. The original merger agreement as so amended is referred to as the
amended merger agreement. The fourth amendment to the merger agreement is attached to the attached
proxy supplement as Annex A.</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The fourth amendment followed an increase to $7.75 per share of the price of the unsolicited
tender offer to purchase all outstanding shares of our common stock that was commenced by Apex
Acquisition Corporation, a newly formed Florida corporation and an indirect, wholly owned
subsidiary of NACCO Industries, Inc.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The attached proxy supplement contains additional information about the amended merger
agreement. We urge you to read this document carefully and in its entirety. We also encourage you,
if you have not done so already, to review the definitive proxy statement and the previous proxy
supplements thereto. You should consider the matters discussed under &#147;Special Note Regarding
Forward-Looking Statements&#148; on page 2 of the attached proxy supplement before voting. You may also
obtain additional information from documents we have filed with the Securities and Exchange
Commission.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Applica convened the special meeting at 11:00&nbsp;a.m. Eastern Standard Time on January&nbsp;4,
2007, as scheduled, and adjourned the special meeting until 11:00&nbsp;a.m. Eastern Standard
Time on January&nbsp;10, 2007, without a vote on any proposal other than an adjournment. The
proposals to be considered at the special meeting will be submitted to a vote of Applica&#146;s
shareholders at the reconvened meeting at 11:00&nbsp;a.m. Eastern Standard Time on January&nbsp;10, 2007.
Shareholders may submit their proxies to vote their shares on the proposals until 11:00&nbsp;a.m.
Eastern Standard Time on January&nbsp;10, 2007.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The record date for the special meeting on January&nbsp;4, 2007 did not change and the record date
will remain the same for the reconvened meeting on January&nbsp;10, 2007. Only holders of our common
stock at the close of business on November&nbsp;27, 2006 are entitled to notice of the reconvened meeting and to vote at the reconvened meeting, except
that shares of our common stock that are beneficially owned by Harbinger are not eligible or
entitled to vote at the reconvened meeting. All shareholders of record are
cordially invited to attend the reconvened meeting in person.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Your vote is very important, regardless of the number of shares of our common stock that you
own. </B>The merger cannot be completed unless the adoption of the amended merger agreement is approved
by holders of a majority of the outstanding shares of our common stock entitled to vote. If you do
not vote, it will have the same effect as a vote against the merger.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Whether
or not you plan to attend the reconvened meeting in person,
please complete, sign, date and return promptly the proxy card enclosed with the definitive proxy
statement. If you have already submitted a proxy, you do not need to submit another proxy unless
you wish to change your vote. If you hold shares through a broker or other nominee, you should
follow the procedures provided by your broker or nominee. These actions will not limit your right
to vote in person if you wish to attend the reconvened meeting and vote in
person.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;After careful consideration, our board of directors approved the amended merger
</DIV>

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

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

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



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">agreement and the merger and declared that the amended merger agreement and the transactions
contemplated by the amended merger agreement, including the merger, are advisable for, fair to and
in the best interest of Applica shareholders.
</DIV>

<DIV align="left" style="margin-left: 0%; text-indent: 0%; margin-right: 0%; font-size: 10pt; margin-top: 6pt"><B>THE BOARD OF DIRECTORS RECOMMENDS THAT YOU VOTE &#147;FOR&#148; THE ADOPTION OF THE MERGER AGREEMENT, AS
AMENDED</B>.</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Thank you in advance for your cooperation and continued support.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 50%">By Order of the Board of Directors,

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 50%"><IMG src="g04950g04950e01.gif" alt="(.s. Harry D. Shulman)"><BR>
Harry D. Schulman Chairman of the Board,<BR>
President and Chief Executive Officer

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Neither the Securities and Exchange Commission nor any state securities regulatory agency has
approved or disapproved the merger, passed upon the merits or fairness of the merger or passed upon
the adequacy or accuracy of the disclosure in this document. Any representation to the contrary is
a criminal offense.</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This supplement is dated January&nbsp;4, 2007 and will be mailed to Applica&#146;s shareholders on or
about January 5, 2007.
</DIV>

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

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

<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left">
<!-- TOC -->
</DIV>
<DIV align="left">
<A name="tocpage"></A>
</DIV>

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

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

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><A href="#101">INTRODUCTION</A></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><A href="#102">ADJOURNMENT OF THE SPECIAL MEETING</A></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><A href="#103">UPDATE TO SUMMARY</A></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><A href="#104">Purpose of the Meeting</A></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><A href="#105">Required Vote</A></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><A href="#106">Recommendation of Our Board of Directors</A></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><A href="#107">Market Price of Our Common Stock</A></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><A href="#108">SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS</A></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><A href="#109">THE MERGER</A></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><A href="#110">Update to Background of the Merger</A></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><A href="#111">Recommendation of Our Board of Directors</A></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><A href="#112">SUMMARY OF THE FOURTH AMENDMENT TO THE MERGER AGREEMENT</A></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">6</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><A href="#113">UPDATE TO QUESTIONS AND ANSWERS ABOUT THE SPECIAL MEETING AND THE MERGER</A></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">7</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><A href="#114">UPDATE TO INTERESTS OF OUR DIRECTORS AND OFFICERS IN THE MERGER</A></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">9</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><A href="#115">WHERE YOU CAN FIND MORE INFORMATION</A></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">11</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">ANNEX:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Annex A &#151; Amendment No.&nbsp;4 to Agreement and Plan of Merger</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="left">
<!-- /TOC -->
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</DIV>



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

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

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



<DIV align="left">
<A name="101"></A>
</DIV>

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


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The information provided in the definitive proxy statement dated December&nbsp;4, 2006, previously
mailed to our shareholders on or about December&nbsp;6, 2006, as amended by the first, second and third
supplements, which we refer to in this supplement as the definitive proxy statement, continues to
apply, except as described in this supplement. To the extent information in this supplement differs
from, updates or conflicts with information contained in the definitive proxy statement, the
information in this supplement is the more current information. If you would like additional copies
of the definitive proxy statement, the first, second and third supplements, this supplement, the
Schedule&nbsp;14D-9 recommendation statement, the amendments thereto or a new proxy card; or if you have
questions about the merger or any of the foregoing, you should contact our proxy solicitor,
Georgeson Inc. at 17 State Street, New York, New York 10004 or call them toll-free at (866)
857-2624. Banks and brokerage firms, please call (212)&nbsp;440-9800. You may also contact our Investor
Relations Department at (954)&nbsp;883-1000. The definitive proxy statement may also be found on the
Internet at www.sec.gov. See &#147;Where You Can Find More
Information&#148; on page&nbsp;11 of this supplement. In
this supplement, the terms &#147;we,&#148; &#147;our,&#148; &#147;ours,&#148; and &#147;us&#148; refer to Applica Incorporated and its
subsidiaries.
</DIV>
<DIV align="left">
<A name="102"></A>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>ADJOURNMENT OF THE SPECIAL MEETING</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Applica convened the special meeting at 11:00&nbsp;a.m. Eastern Standard Time on January&nbsp;4,
2007, as scheduled, and adjourned the special meeting until 11:00&nbsp;a.m. Eastern Standard
Time on January&nbsp;10, 2007, without a vote on any proposal other than an adjournment. The
proposals to be considered at the special meeting will be submitted to a vote of Applica&#146;s
shareholders at the reconvened meeting at 11:00&nbsp;a.m. Eastern Standard Time on January&nbsp;10, 2007.
Shareholders may submit their proxies to vote their shares on the proposals until 11:00&nbsp;a.m.
Eastern Standard Time on January&nbsp;10, 2007. The record date will remain the same for the reconvened
meeting.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The special meeting was convened at 11:00&nbsp;a.m. Eastern Standard Time at our
executive offices located at 3633 Flamingo Road, Miramar, Florida 33027, on January&nbsp;4, 2007, and,
in accordance with the planned adjournment, was adjourned and will be reconvened on January&nbsp;10, 2007 at
11:00&nbsp;a.m. Eastern Standard Time at our executive offices located at 3633 Flamingo Road, Miramar,
Florida 33027. References in this supplement to the &#147;special meeting&#148; are to the subsequently
reconvened meeting.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unless you are present at the reconvened special meeting, we must receive your proxy card, if
we have not already, on or before the opening of the reconvened special meeting at 11:00&nbsp;a.m.
Eastern Standard Time on January&nbsp;10, 2007, in order for your shares to be voted at the reconvened
special meeting. If you have already submitted a proxy card but you wish to change your vote, we
must receive your new proxy card at or before the opening of the reconvened special meeting.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>NO ACTION IN CONNECTION WITH THIS SUPPLEMENT IS REQUIRED BY ANY SHAREHOLDER WHO HAS PREVIOUSLY
DELIVERED A PROXY FOR USE AT THE SPECIAL MEETING AND WHO DOES NOT WISH TO REVOKE THAT PROXY OR
CHANGE HIS OR HER VOTE. SHAREHOLDERS WHO HAVE ALREADY VOTED ON THE PROPOSALS AND WHO WISH TO</B>
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->1<!-- /Folio -->
</DIV>

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

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



<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>CHANGE THEIR VOTE ON ANY PROPOSAL SHOULD FOLLOW THE PROCEDURES DESCRIBED BELOW IN RESPONSE TO THE
QUESTION &#147;CAN I CHANGE MY VOTE AFTER I HAVE MAILED IN MY PROXY CARD&#148; UNDER &#147;UPDATE TO QUESTIONS
AND ANSWERS ABOUT THE SPECIAL MEETING AND THE MERGER&#148; ON PAGE 8 OF THIS SUPPLEMENT.</B>
</DIV>
<DIV align="left">
<A name="103"></A>
</DIV>

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


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This update to the summary, together with the following updated question and answer section,
highlights important information discussed in more detail elsewhere in this supplement and in the
definitive proxy statement. This updated summary does not contain all of the information you should
consider before voting on the amended merger agreement and the merger. To understand the merger
more fully, you are urged to read carefully this entire supplement and the fourth amendment to the
merger agreement, a copy of which is attached as Annex A to this supplement, the definitive proxy
statement and all of its annexes before voting on whether to approve the amended merger agreement
and the merger. The amended merger agreement is the legal document that governs the merger.
</DIV>
<DIV align="left">
<A name="104"></A>
</DIV>

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


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;You will be asked to consider and vote on a proposal to adopt the Agreement and Plan of
Merger, dated as of October&nbsp;19, 2006, among Applica and Buyer and Merger Co (which are subsidiaries
of the Harbinger Funds), as amended by Amendment No.&nbsp;1 to the Agreement and Plan of Merger, dated
as of December&nbsp;14, 2006, Amendment No.&nbsp;2 to the Agreement and Plan of Merger, dated as of December
22, 2006, Amendment No.&nbsp;3 to the Agreement and Plan of Merger, dated as of December&nbsp;27, 2006, and
Amendment No.&nbsp;4 to the Agreement and Plan of Merger, dated as of January&nbsp;3, 2007 among Applica and
Buyer and Merger Co, pursuant to which, upon the merger becoming effective, each outstanding share
of Applica common stock, par value $0.10 per share (other than shares owned by Applica or
Harbinger), will be converted into the right to receive $7.75 in cash, without interest.
</DIV>
<DIV align="left">
<A name="105"></A>
</DIV>

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


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Under Florida law, the affirmative vote of holders of a majority of the outstanding shares of
our common stock entitled to vote at the special meeting is necessary to adopt the amended merger
agreement. Thus, the affirmative vote of holders of common stock representing at least 7,585,151
votes will be required to approve the merger. A failure to vote your shares of our common stock or
an abstention will have the same effect as voting against the merger.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shares of our common stock that are beneficially owned by Harbinger are not eligible or
entitled to vote on the merger agreement or the merger at the special meeting.
</DIV>
<DIV align="left">
<A name="106"></A>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Recommendation of Our Board of Directors</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;After careful consideration, our board of directors approved the amended merger
</DIV>

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

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

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



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">agreement and the merger and declared that the amended merger agreement and the transactions
contemplated by the amended merger agreement, including the merger, are advisable for, fair to and
in the best interest of Applica&#146;s shareholders. <B>ACCORDINGLY, OUR BOARD OF DIRECTORS RECOMMENDS
THAT YOU VOTE &#147;FOR&#148; THE ADOPTION OF THE MERGER AGREEMENT, AS AMENDED</B>.
</DIV>
<DIV align="left">
<A name="107"></A>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Market Price of Our Common Stock</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our common stock is listed on the NYSE under the trading symbol &#147;APN&#148;. The closing price of
our common stock on the NYSE as of December&nbsp;29, 2006, the last trading day prior to the public
announcement of our execution of the amended merger agreement was $7.99.
</DIV>
<DIV align="left">
<A name="108"></A>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This supplement, and the documents to which we refer you in this supplement, contain
forward-looking statements about our plans, objectives, expectations and intentions.
Forward-looking statements include information concerning possible or assumed future results of
operations of our company, the expected completion and timing of the merger and other information
relating to the merger. Generally these forward-looking statements can be identified by the use of
forward-looking terminology such as &#147;anticipate,&#148; &#147;believe,&#148; &#147;estimate,&#148; &#147;expect,&#148; &#147;may,&#148; &#147;should,&#148;
&#147;plan,&#148; &#147;intend,&#148; &#147;project&#148; and similar expressions. For each of these statements, we claim the
protection of the safe harbor for forward-looking statements contained in the Private Securities
Litigation Reform Act of 1995. You should read statements that contain these words carefully. They
discuss our future expectations or state other forward-looking information, and may involve known
and unknown risks over which we have no control. Those risks include, without limitation:
</DIV>

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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>failure to obtain the approval of the merger proposal at the special
meeting of shareholders;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the occurrence of any event, change or other circumstances that could
give rise to the termination of the amended merger agreement, including a
termination under circumstances that could require us to pay a
termination fee to Buyer in the amount of $4.0&nbsp;million plus up to $2.0
million of reasonable documented, third party, out of pocket expenses;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the amount of the costs, fees, expenses and charges related to the merger;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the failure of the merger to close for any reason;</TD>
</TR>

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

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

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


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


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>disruption from the announcement of the merger, and the merger, making it
more difficult to maintain relationships with customers, employees or
suppliers;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the risk that the merger may not be completed in a timely manner or at
all, which may adversely affect our business and the price of our common
stock;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the potential adverse effect on our business, properties and operations
because of certain covenants we agreed to in the amended merger
agreement;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the uncertainty as to the outcome of the pending litigation filed by
NACCO Industries, Inc. and HB-PS Holding Company, Inc. related to the
termination of their merger agreement with us and the impact of such
litigation on the merger; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>other risks detailed in our filings with the Securities and Exchange
Commission (the &#147;SEC&#148;), including &#147;Item&nbsp;1A. Risk Factors&#148; in our Annual
Report on Form 10-K for our fiscal year ended December&nbsp;31, 2005. See
&#147;Where You Can Find More Information&#148; on page 11.</TD>
</TR>

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

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

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


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



</TABLE>
</DIV>
<DIV align="left">
<A name="109"></A>
</DIV>

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

<DIV align="left">
<A name="110"></A>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Update to Background of the Merger</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>The discussion below supplements the description in the definitive proxy statement of the
background of the merger.</I>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On January&nbsp;3, 2007, NACCO publicly announced that it had increased the per share offer price
of its tender offer to $7.75 and amended the Schedule&nbsp;TO accordingly. In accordance with the terms
of the Harbinger merger agreement, we promptly notified Harbinger on January&nbsp;3, 2007 of NACCO&#146;s
amended tender offer price.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Subsequently, on January&nbsp;3, 2007, Harbinger submitted to us a definitive binding offer to
enter into an amendment to its merger agreement that provides for Applica&#146;s shareholders to receive
$7.75 in cash per share, without interest, if the Harbinger merger is completed.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On January&nbsp;3, 2007, our board held a meeting and discussed the offers from NACCO and Harbinger
and its obligations under the merger agreement. The meeting was attended by our senior management
and legal and financial advisors, as well as a representative of our board&#146;s independent legal
counsel. Our board reviewed and discussed the offers from NACCO and Harbinger with management and
the legal and financial advisors and determined on January&nbsp;3, 2007 that the Harbinger merger
agreement, as proposed to be amended, is at least as favorable to our shareholders as the tender
offer made by NACCO. After lengthy discussions and a thorough review with management and the legal
and financial advisors, our board also determined (i)&nbsp;that the merger agreement, as amended, is
advisable for, fair to and in the best interests of our shareholders (other than Harbinger and its
affiliates) and voted to approve and adopt, and authorized senior management to enter into, the
amendment proposed by Harbinger and (ii)&nbsp;to recommend that our shareholders (A)&nbsp;vote &#147;FOR&#148; the
adoption of the Harbinger merger agreement, as amended and (B)&nbsp;reject the NACCO offer and
<U>NOT</U> tender their shares in the NACCO offer.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On January&nbsp;3, 2007, we executed Amendment No.&nbsp;4 to the Agreement and Plan of Merger with
Harbinger and thereafter issued a press release announcing the amendment.
</DIV>
<DIV align="left">
<A name="111"></A>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Recommendation of Our Board of Directors</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;After careful consideration, the board of directors approved the amended merger agreement and
the merger. <B>THE BOARD OF DIRECTORS RECOMMENDS THAT OUR SHAREHOLDERS VOTE &#147;FOR&#148; THE ADOPTION OF THE
MERGER AGREEMENT, AS AMENDED.</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The board of directors also recommends that, even if a shareholder does not vote with respect
to the amended merger agreement at this time, that such shareholder vote &#147;FOR&#148; the proposal to
adjourn or postpone the special meeting of shareholders, if necessary or appropriate, to solicit
additional proxies if there are insufficient shares present or represented at the meeting to
constitute a quorum or insufficient votes at the time of the meeting to adopt the amended merger
agreement or because the board, in its judgment, determines that an adjournment is required by law
or is otherwise in the best interests of us and our shareholders. The ability to adjourn or
postpone the special meeting will give
the board of directors the flexibility to preserve the existing transaction with Harbinger should
the vote not be obtained by January&nbsp;10, 2007.
</DIV>

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

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

<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left">
<A name="112"></A>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>SUMMARY OF THE FOURTH AMENDMENT TO THE MERGER AGREEMENT</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>The following discussion summarizes the material provisions of the fourth amendment to the
merger agreement and is qualified by reference to the fourth amendment, a copy of which is attached
as Annex A to this supplement and is incorporated by reference into this supplement. The rights and
obligations of the parties are governed by the express terms and conditions of the merger agreement
(which is included as Annex A to the definitive proxy statement), as well as the first, second,
third and fourth amendments thereto, and not by this summary or any other information contained in
this supplement. We urge you to read the merger agreement and the first, second, third and fourth
amendments carefully and in their entirety, as well as the definitive proxy statement, the first,
second and third supplements and this supplement and the Schedule&nbsp;14d-9 recommendation statement,
as amended, before making any decisions regarding the merger.</I>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On January&nbsp;3, 2007, Applica and Buyer and Merger Co (which are subsidiaries of the Harbinger
Funds) entered into a fourth amendment to the Agreement and Plan of Merger, dated as of October&nbsp;19,
2006, as amended on December&nbsp;14, 2006 on December&nbsp;22, 2006 and on December&nbsp;27, 2006. A complete
copy of the fourth amendment is included as Annex A to this supplement and is incorporated by
reference into this discussion. The following discussion summarizes the material changes to the
merger agreement made by the fourth amendment.
</DIV>

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


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The fourth amendment to the amended merger agreement provides for an additional $0.25 per
share increase in the cash consideration to be received by our shareholders in the merger, from
$7.50 to $7.75 in cash, without interest, for each share of our common stock outstanding (other
than shares owned by Applica or Harbinger).
</DIV>

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


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
the fourth amendment to the amended merger agreement, Applica
covenanted to convene the special
meeting as scheduled at 11:00&nbsp;a.m. Eastern Standard Time on
January&nbsp;4, 2007. Applica further covenanted that immediately
thereafter, an officer of Applica would make a motion to adjourn the January 4 meeting until 11:00&nbsp;a.m.
Eastern Standard Time on January&nbsp;10, 2007 and, subject to obtaining the requisite vote therefor, the
January 4 meeting would be immediately adjourned until the January&nbsp;10 meeting, which January&nbsp;10
meeting would have the same record date as the January 4 meeting, and
no further action would be taken at
the January 4 meeting. Applica complied with these covenants and
convened the special meeting at 11:00 a.m. Eastern Standard Time on
January&nbsp;4, 2007, as scheduled, and adjourned the special meeting
until 11:00 a.m. Eastern Standard Time on January&nbsp;10, 2007, without
a vote on any proposal other than an adjournment, and the record date
will remain the same for the reconvened meeting on January&nbsp;10,
2007.
</DIV>

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

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

<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left">
<A name="113"></A>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>UPDATE TO QUESTIONS AND ANSWERS ABOUT THE SPECIAL MEETING AND THE MERGER</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following questions and answers are intended to address some commonly asked questions
regarding the fourth amendment to the merger agreement, the merger and the special meeting. These
questions and answers may not address all questions that may be important to you as our
shareholder. Please refer to the more detailed information contained elsewhere in this supplement
and in the definitive proxy statement.
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="3%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="95%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="left" valign="top"><B><I>Q:</I></B>
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B><I>Why are you mailing to me this supplement to the definitive proxy statement?</I></B></DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">A:
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">We are mailing to you this supplement to the definitive proxy statement
because on January&nbsp;3, 2007, we entered into a fourth amendment to the
amended merger agreement. This supplement provides information with respect
to the fourth amendment to the amended merger agreement and certain other
matters and updates the definitive proxy statement which was previously
mailed to you.</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top"><B><I>Q:</I></B>
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B><I>What will I now receive in the merger?</I></B></DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">A:
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Pursuant to the fourth amendment to the amended merger agreement, upon
completion of the merger, you will receive $7.75 in cash, without interest,
for each share of our common stock that you own.</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top"><B><I>Q:</I></B>
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B><I>Does the board of directors support the amended merger agreement?</I></B></DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">A:
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Yes. Our board recommends that our shareholders vote <B>&#147;FOR&#148; </B>the adoption of
the merger agreement, as amended.</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top"><B><I>Q:</I></B>
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B><I>When and where is the special meeting?</I></B></DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">A:
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">The special meeting was convened on January&nbsp;4, 2007, at 11:00
a.m. Eastern Standard Time at our executive offices located at 3633
Flamingo Road, Miramar, Florida 33027, and, in accordance with the planned
adjournment, was adjourned and will be subsequently reconvened on January&nbsp;10, 2007 at 11:00
a.m. Eastern Standard Time at our executive offices located at 3633
Flamingo Road, Miramar, Florida 33027.</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top"><B><I>Q:</I></B>
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B><I>Why have you adjourned the meeting on January&nbsp;4, 2007 to January&nbsp;10, 2007?</I></B></DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">A:
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Applica convened the special meeting at 11:00&nbsp;a.m. Eastern Standard
Time on January&nbsp;4, 2007, as scheduled, and adjourned the
special meeting until 11:00&nbsp;a.m. Eastern Standard Time on January
10, 2007, without a vote on any proposal other than an adjournment. The
proposals to be considered at the special meeting will be submitted to a
vote of Applica&#146;s shareholders at the reconvened meeting at 11:00&nbsp;a.m.
Eastern Standard Time on January&nbsp;10, 2007. Shareholders may submit their
proxies to vote their shares on the proposals until the time of the
reconvened meeting on January&nbsp;10, 2007. The record date will remain the
same for the reconvened meeting.</DIV></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


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

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

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

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="3%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="95%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="left" valign="top"><B><I>Q:</I></B>
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B><I>Who can vote at the reconvened meeting?</I></B></DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">A:
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">The record date has not changed. Only shareholders
of record at the close of business on November&nbsp;27, 2006, the record date
will be entitled to vote at the reconvened meeting, except that shares of our common stock that are
beneficially owned by Harbinger are not eligible or entitled to vote at the reconvened meeting.</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top"><B><I>Q:</I></B>
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B><I>What if I already voted using the proxy you sent me earlier?</I></B></DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">A:
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">First, carefully read and consider the information contained in this
supplement. If you have already delivered a properly executed proxy, you
will be considered to have voted on the amended merger agreement, and you
do not need to do anything unless you wish to change your vote.</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top"><B><I>Q</I></B>
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B><I>Can I change my vote after I have mailed in my proxy card?</I></B></DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">A:
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Yes. You can change your vote at any time before we vote your proxy at the
special meeting. You can do so by:</DIV></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="7%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>delivering a written notice to the corporate secretary of Applica
before the special meeting that states that you revoke your proxy;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="7%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>delivering a signed and later dated new proxy card before the special
meeting in accordance with the instructions included with the proxy
card; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="7%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>attending the special meeting and voting in person.</TD>
</TR>

</TABLE>
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="3%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="95%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Simply attending the special meeting will not revoke your proxy. If
your shares are held in &#147;street name&#148; by your broker, bank, dealer or
other nominee, you must follow instructions received from such broker,
bank or nominee with this supplement or the definitive proxy statement
in order to revoke your vote or to vote at the special meeting.</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top"><B><I>Q:</I></B>
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B><I>What do I do if I have not voted yet?</I></B></DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">A:
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">After carefully reading and considering the information contained in
this supplement and the definitive proxy statement, please complete,
sign and date your proxy and return it in the postage-paid return
envelope enclosed with the definitive proxy statement as soon as
possible, so that your shares may be represented at the special
meeting. If you sign and send in your proxy and do not indicate how
you want to vote, we will vote your proxy in favor of approval of the
fourth amended merger agreement. Because the required vote of our
shareholders is based upon the number of outstanding shares of our
common stock entitled to vote at the special meeting, rather than upon
the shares actually voted, the failure by the holder of any such
shares to submit a proxy or to vote in person at the special meeting,
including abstentions and broker non-votes, will have the same effect
as a vote against approval of the fourth amended merger agreement.</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top"><B><I>Q:</I></B>
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B><I>What is the status of NACCO&#146;s offer?</I></B></DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">A:
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Please read the section entitled &#147;Background of the Merger&#148; on pages
19-28 of the definitive proxy statement, page 3 of the first
supplement thereto, pages 3 and 4 of the second supplement thereto and
page 4 of the third supplement thereto for a summary of our prior
dealings with the NACCO Industries, Inc. On January&nbsp;3, 2007, NACCO
publicly announced that it had increased the per share offer price of
its tender offer to $7.75. On January&nbsp;3, 2007, our board determined
that the amended merger agreement, as amended by the fourth amendment
to increase the per share purchase price to $7.75, without interest,
is at least as favorable to our shareholders as the new offer made by
NACCO, is advisable for, fair to and in the best interests of our
shareholders (other than Harbinger and its affiliates) and voted to
approve and adopt, and authorized senior management to enter into, the
fourth amendment proposed by Harbinger. In addition, our board
determined at such meeting to recommend that our shareholders reject
the NACCO offer and <U>not</U> tender their shares in the NACCO offer.</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top"><B><I>Q:</I></B>
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B><I>Who can answer further questions?</I></B></DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">A:
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">If you would like additional copies of this supplement or the
definitive proxy statement, the recommendation statement, the
amendments thereto or a new proxy card or if you have questions about
the merger, you should contact our proxy solicitor, Georgeson Inc. at
17 State Street, New York, New York 10004 or call them toll-free at
(866)&nbsp;857-2624. Banks and brokerage firms, please call (212)&nbsp;440-9800.
You may also contact our Investor Relations Department at (954)
883-1000.</DIV></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


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

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

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

<DIV align="left">
<A name="114"></A>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>UPDATE TO INTERESTS OF OUR DIRECTORS AND EXECUTIVE OFFICERS IN THE MERGER</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In considering the recommendation of the board to vote in favor of the adoption of the merger
agreement, our shareholders should be aware that members of the board of directors and certain of
our executive officers have interests in the merger that are different from, or are in addition to,
the interests of Applica shareholders generally and that may create potential conflicts of
interest. During its deliberations in determining to recommend to its shareholders that they vote
in favor of the merger proposal, the board was aware of these interests. This section updates
certain information contained in the definitive proxy statement regarding the interests of our
directors and executive officers in the merger to reflect the revised per share purchase price set
forth in the amended merger agreement. Otherwise the information in the definitive proxy statement
under the heading &#147;Interests of our Directors and Executive Officers in the Merger&#148; remains
unchanged. Please refer to the more detailed information regarding such interests contained in the
definitive proxy statement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B><I>Treatment of Stock Options</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As of the record date, there were 772,000 shares of our common stock subject to outstanding
stock options granted under our equity incentive plans to our current executive officers and
directors with a per share exercise price of less than $7.75. As of the effective time of the
merger, all options to acquire Applica common stock outstanding immediately prior to the effective
time of the merger, whether or not then exercisable or vested, shall become:
</DIV>

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

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>fully exercisable and vested; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>shall be cancelled, retired and extinguished and shall no longer be
outstanding following the effective time of the merger.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In the merger, each director and executive officer holding stock options that have an exercise
price of less than $7.75 per share will receive an amount in cash, without interest, less any
required withholding taxes, equal to the excess of $7.75 over the applicable per share exercise
price for each stock option held, multiplied by the aggregate number of shares of our common stock
into which the applicable stock option was exercisable immediately prior to the effective time of
the merger. Options with a per share exercise price equal to or in excess of $7.75 will be
terminated and cancelled without any consideration therefore if not exercised prior to the
effective time of the merger.
</DIV>

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

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

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

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following table summarizes the outstanding vested and unvested options held by our
executive officers and directors as of the record date, and the consideration that each of them
will receive pursuant to the amended merger agreement in connection with the cancellation of their
options:
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="70%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="47%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="8%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="9%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Weighted Average</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>No. of Shares</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Exercise Price of</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Underlying In-The-</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>In-The-Money Vested</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Money Vested and</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>and Unvested</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Resulting</B></TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 1px solid #000000"><B>Name</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>Unvested Options</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>Options</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>Consideration</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Susan J. Ganz</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4,500</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">4.3533</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">15,285</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Leonard Glazer</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4,500</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">4.3533</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">15,285</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Ware H. Grove</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3,000</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">3.48</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">12,810</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Brian Guptill</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">42,000</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">4.7124</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">127,580</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">J. Maurice Hopkins</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4,500</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">4.3533</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">15,285</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Thomas J. Kane</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4,500</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">4.3533</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">15,285</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Christopher B. Madison</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Terry L. Polistina</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">150,000</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">4.553</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">479,550</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Jerald I. Rosen</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4,500</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">4.3533</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">15,285</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Harry D. Schulman</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">550,000</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">4.227</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">1,937,650</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Paul K. Sugrue</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4,500</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">4.3533</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">15,285</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


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

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

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

<DIV align="left">
<A name="115"></A>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>WHERE YOU CAN FIND MORE INFORMATION</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We file annual, quarterly and current reports, proxy statements and other information with the
SEC. You may read and copy any reports, proxy statements or other information that we file with the
SEC at its Public Reference Room, 100 F Street, N.E., Washington, D.C. 20549. Please call the SEC
at 1-800-SEC-0330 for further information on the public reference rooms. You may also obtain copies
of this information by mail from the Public Reference Section of the SEC, 100 F Street, N.E.,
Washington, D.C. 20549, at prescribed rates. Our public filings are also available to the public
from document retrieval services and the Internet website maintained by the SEC at www.sec.gov.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Reports, proxy statements or other information concerning us may also be inspected at the
offices of the NYSE at 20 Broad Street, New York, NY 10005.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any person, including any beneficial owner, to whom this supplement is delivered may request
copies of proxy statements and any documents filed with the SEC or other information concerning us,
without charge, by written or telephonic request directed to us at:
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt">Applica Incorporated<BR>
3633 Flamingo Road<BR>
Miramar, Florida 33027<BR>
Attention: Investor Relations<BR>
Telephone: (954)&nbsp;883-1000<BR>
investor.relations@applicamail.com
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;You should rely only on the information contained in this supplement, the definitive proxy
statement and the annexes to this supplement and the definitive proxy statement, as well as the
documents which we refer to in the definitive proxy statement to vote on the merger agreement, as
amended. We have not authorized anyone to provide you with information that is different from what
is contained in this supplement or the definitive proxy statement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This supplement does not constitute a solicitation of a proxy in any jurisdiction where, or to
or from any person to whom, it is unlawful to make a proxy solicitation.
</DIV>

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


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Your vote is important</B>. To vote your shares, please complete, date, sign and return the proxy
card enclosed with the definitive proxy statement as soon as possible. Please contact our proxy
solicitor, Georgeson Inc. at 17 State Street, New York, New York 10004 or call them toll-free at
(866)&nbsp;857-2624 if you have any questions about this supplement, the definitive proxy statement or
the merger or need assistance with the voting procedures.
</DIV>

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

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

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

<DIV align="right" style="font-size: 10pt; margin-top: 12pt"><U><B>Annex A</B></U>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>AMENDMENT NO. 4 TO AGREEMENT AND PLAN OF MERGER</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AMENDMENT NO. 4, dated as of January&nbsp;3, 2007 (this &#147;<U>Fourth Amendment</U>&#148;), to the
Agreement and Plan of Merger, dated as of October&nbsp;19, 2006, by and among APN Holding Company, Inc.,
a Delaware corporation (&#147;<U>Parent</U>&#148;), APN Mergersub, Inc., a Florida corporation and a wholly
owned direct subsidiary of Parent (&#147;<U>MergerSub</U>&#148;), and Applica Incorporated, a Florida
corporation (the &#147;<U>Company</U>&#148;), as amended by Amendment No.&nbsp;1, dated December&nbsp;14, 2006, by
Amendment No.&nbsp;2, dated December&nbsp;22, 2006, and by Amendment No.&nbsp;3, dated December&nbsp;27, 2006 (as
amended, the &#147;<U>Merger Agreement</U>&#148;). Capitalized terms used herein and not defined herein
have the meanings ascribed thereto in the Merger Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WHEREAS, pursuant to, and subject to the limitations set forth in, Section&nbsp;9.2 of the Merger
Agreement, the Merger Agreement may be amended, modified, or supplemented only by the written
agreement of the parties thereto; and
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WHEREAS, the parties hereto wish to amend the Merger Agreement as set forth below.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NOW, THEREFORE, in consideration of the mutual covenants and agreements set forth herein, the
receipt and adequacy of which are hereby acknowledged, the parties hereby agree as follows:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.&nbsp;<U>Amendment</U>. Section&nbsp;3.1(a) of the Merger Agreement is hereby amended by deleting
the word &#147;$7.50&#148; in both instances and replacing each with the word &#147;$7.75.&#148;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.&nbsp;<U>Apple Shareholders Meeting</U>. Notwithstanding anything to the contrary in the
Merger Agreement, Parent, MergerSub and the Company hereby agree that the Apple Shareholders
Meeting to be held at 11:00&nbsp;a.m. Eastern Standard Time on January&nbsp;4, 2007 (the &#147;<U>January 4
Meeting</U>&#148;) shall be convened as scheduled and immediately thereafter a motion shall be properly
made by an officer of the Company to adjourn the January 4 Meeting until 11:00&nbsp;a.m. Eastern
Standard Time on January&nbsp;10, 2007 (the &#147;<U>January&nbsp;10 Meeting</U>&#148;) and, subject to obtaining the
requisite vote therefor, the January 4 Meeting shall be immediately adjourned until the January&nbsp;10
Meeting, which January&nbsp;10 Meeting shall have the same record date as the January 4 Meeting, and no
further action shall be taken at the January 4 Meeting.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.&nbsp;<U>Miscellaneous</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;<U>Governing Law</U>. This Fourth Amendment shall be governed by and construed in
accordance with the internal Laws of the State of Delaware applicable to Contracts made and wholly
performed in such state, without regard to any applicable conflict of laws principles; provided,
however, that the Merger will also be governed by the applicable provisions of the FCBA to the
extent required thereby.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;<U>Counterparts</U>. This Fourth Amendment may be executed in two or more counterparts,
all of which will be considered one and the same instrument and will become effective when
counterparts have been signed by each of the parties and
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->A-1<!-- /Folio -->
</DIV>

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

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



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">delivered to the other parties, it being understood that each party need not sign the same
counterpart.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;<U>Continued Force and Effect</U>. Except as expressly amended or modified herein, the
provisions of the Merger Agreement are and shall remain in full force and effect.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;<U>Authorization and Validity of Agreement</U>. The execution and delivery of this
Fourth Amendment by each of the parties hereto have been duly authorized and approved by their
respective boards of directors and no other corporate action on the part of the parties hereto is
necessary to authorize the execution and delivery of this Fourth Amendment. This Fourth Amendment
has been, or will be when executed and delivered, duly executed and delivered by each of the parties hereto, and a valid and binding obligation of each of the parties hereto enforceable
against each of the parties hereto in accordance with its terms, except to the extent that its
enforceability may be subject to applicable bankruptcy, insolvency, reorganization, moratorium and
similar Laws affecting the enforcement of creditors&#146; rights generally and by general equitable
principles.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><I>&#091;Remainder of page intentionally left blank&#093;</I>
</DIV>



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

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

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




<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IN WITNESS WHEREOF, the undersigned has executed, or has caused to be executed, this Fourth
Amendment on the date first written above.
</DIV>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left">APN HOLDING COMPANY, INC.<BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/ Philip Falcone
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Name:&nbsp;&nbsp;</TD>
    <TD align="left">Philip Falcone&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Title:&nbsp;&nbsp;</TD>
    <TD align="left">Vice President and Senior Managing Director&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left">APN MERGERSUB, INC.<BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/ Philip Falcone
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Name:&nbsp;&nbsp;</TD>
    <TD align="left">Philip Falcone&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Title:&nbsp;&nbsp;</TD>
    <TD align="left">Vice President and Senior Managing Director&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left">APPLICA INCORPORATED<BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/ Terry Polistina
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Name:&nbsp;&nbsp;</TD>
    <TD align="left">Terry Polistina&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Title:&nbsp;&nbsp;</TD>
    <TD align="left">Chief Operating Officer and Chief Financial
Officer&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>


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


</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>g04950applica02.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g04950applica02.gif
M1TE&.#EA9@&#`/<``````(````"``("`````@(``@`"`@,#`P,#<P*;*\```
M``8&!@@("!`0$!@8&"$@(2DH*3$P,3DX.4)!0DI)2E)14EI96F-E8VMI:W-Q
M<WMY6GMY>WM]>X1]6H2"6H2"8X2&A(R&8XR&:XR*:XR.C)2.:Y2.<Y22<Y26
M>Y26E)R6>YR:>YR:A)R>G*6>A*6BA*6BC*6BI:6FI:VFC*VJE*VNK;6NG+6R
MG+6VM;U)`+U-`+U1"+U5$+VVI;VZI;VZK;V^K;V^O<99$,9A(<9M,<;#K<;#
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M^OO[^_S\_/W]_?[^_O_O[__[]____P``````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M`````````````````````````````````````````/_[\*"@I("`@/\```#_
M`/__````__\`_P#______R'Y!```````+`````!F`8,`AP```(````"``("`
M````@(``@`"`@,#`P,#<P*;*\`````8&!@@("!`0$!@8&"$@(2DH*3$P,3DX
M.4)!0DI)2E)14EI96F-E8VMI:W-Q<WMY6GMY>WM]>X1]6H2"6H2"8X2&A(R&
M8XR&:XR*:XR.C)2.:Y2.<Y22<Y26>Y26E)R6>YR:>YR:A)R>G*6>A*6BA*6B
MC*6BI:6FI:VFC*VJE*VNK;6NG+6RG+6VM;U)`+U-`+U1"+U5$+VVI;VZI;VZ
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MSO?CUO?GWO?S[_?W]_CX^/GY^?KZ^OO[^_S\_/W]_?[^_O_O[__[]____P``
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M`````````/_[\*"@I("`@/\```#_`/__````__\`_P#______PC^`$\)'$BP
MH,&#"!,J7,BPH<.'$"-*G$BQHL6+&#-JW,BQH\>/($.*'$FRI,F3*%.J7,FR
MI<N7+3O)C$2H9LTZ<LCHC!-'S!0D0(,*'1JTBLZC9.;8K%DHDDR84*-*G<I2
MYLQ(6`L1JD,F3!4D/L+ZZ&$#AHNS9U>8$!&BK=NW<$.(4($6+8T>87OT`(*D
MBI@X3+%BM=J)JN'#B!,3[$2SCI@P2(#XN$'#+(L5*E2@.,&9LXD1H$./"/&A
MM.G3J$V+$`VZ1.?.F5>P.`O#!MXB4\*0J5.HL.+?P(-[9*Q5CIBO0,A6?L'"
M,^D.J4_'E;N:M77K;.-&-^T!^@@3)U3^L'@!@\:-'T60A(E3AU!3W\+CRX]_
MM5`=R,EAL$`QFKJ(_P`&*&"`UQ5HX($C#*C@@MF-H$)Y-P`QQ6Y-.07??!AF
MV!)-<50!1&4L:';"9Z.5%A>!"*:HXHH&!@B7B:N9`)X**[A06Q%AU.&4ACSV
M"!*'7_E0E@LGB/`!=*:U51V+3#;I)(O_N86:@R_<Q5<82D7BXY9<-L08ATCT
M`,,)2C*XY)-HIJDF:V:VY2`-/DP!V&!=ULEE)X2$\:$+F9U0X@=N_;>FFF86
MNN"@HD5)&J`BN"9>;4B00<B%=E;Z&YYQ3/$##2^@(`*2C")*Z(O;E6KJ=&>N
MR=9I(ZQ0&Q#^.6IIZ:Q3,4:(&#^,R9:"HA8(X'2HA1!:">"]]EIFR"8KHK&>
M6;>HB2>FBJ""<JE`0Q%S4DKKMB;A.<4-,*C@)VEE]IJHH8K"=0)MYHDE%EY7
MAB'OO%X5,9:[8PV)%@LEP(6NH"EF5YH(X+GZ0QB]<:NP2)'<5X0-+(R0I+2]
M9O>L!QY\,,()*(P'80\W^&!$463PU-Y22[U'&&$TH7Q33CSU]!-0R=U@0V5\
M^OE!=])1M^*J'H1P`@PW1#KIPDACQ%@=4]BPPF@"FINNB:"9@`*-L]7F0[QR
MN-<45,01$@<9510!Q)"7]?G9JH"6ZZN+([#00Q6$[)CTW0[A6<7^#7RN!6/%
M"\IU`@LSW&"$4;Q5:.%3B%DE6"&%#-(56)6IT!^#OKKUW8,]B"$KWJ`;%$D<
M2-C@@L2A5MQ6:="50-<,-OC05U)U,][E3%OU%)ERX4J<<>H%/FL"#',/HFWH
M"S>,!`S]^H>HHH!^%QX+1!=1Q9S(GV*KPV6%>$()1K8-<&@NAH#"#6(DG+W"
M>"[/7Z"##MB6"2[8@"-O@QT?>GUU5+&I"KL:$)M(0S!K3:$0ZZ-5)P91.A60
MBV).8ML'YO*J">E(?PD\2"?L`QD?T(!(BU(2=DH3MQO0+8.WBP09;$`FGXV*
M:N%Q`0V`("D,HM`A#?,?#?;S&7+)Y5S^U>J!'#YW0PQU(@XW8($)X)<FN`WM
M8#JR6Q$M,I-"S.%;+F@>BA*D)/H!@1"FF*)\"+&\$@Q,5:8I0?V`4`4YJ$^,
M'>$$(<@0)AH`\&^A6=0);%`%(L+Q,)VH0P^*],,F$M`$*GB!"8_V1Y*,K@@[
M')<(0;,K%A2!D8V<2B2F`(,E%O))OYH+'R^8R6Y%`A)S0,(,"`D@T"@)!38@
M@PU+B9(Z`,$%1H*@BE85`FO!RGBT7$DDYE`%'[S`C-%SI<9@@`0$!K,J=;"!
M)W6)(,T]"`AUF.4S'1D&OJVE3*M2P1>UN4V.=((,,Y@F*'<UO"G4KIPO88P<
M?!`Q<+8%!3[^&`0\2](),<!`8M0\T*)@B80Y<&*?4KD5$,9$P!*=H`>$0&A(
MC@@#%S9I5T,#PB#"*%%-QN$'+YAF6QX:T8YVI`XT`"@HVR).'9G4,(R9PR"I
M,](?E/2E&"'$#?H5T.!IC`95<"9.#T/&?[9-:$#PXU`C$HD?M-!);H)E-I>:
MF'/2P%.K6\$4E$I5AFQR!9.$TC*;2<ZN5H401@`K`6$0![-"1`Y&[2EK2+-'
M,G#5K9H,0TI)Z`.AXC4AD0#"$N4JFFKE\Z_!0:D)`,6"*925JN>LJ+"89"05
M-!.QP0FD#4I$`TA@]B"1\,%@F40:%13AKI\UC"!-T`$6R#*U!"G^!`PF2-C^
MG``(?H6M8@BQ61/T5;<"F0,+)BA6$]@4N,*IPPQ"`(,Z`+<355`!<7<I+!HX
M%[G""4.(R`#<0@#A!---45M>$(;')B82=K`#:HOX)1M&H@@LJ`)P=3K:@`GK
M!^N-3Q`N<($:T+(02:@!#LI@PVB65[?T_:1`1^`"[FXI$B!H0`,RD%^%E4$&
M+<AP#&+0`A!P8`,8J,`$^NO>W9C7I(28J5P_8-S<9J@32;````!`@22LKQ,R
MF``$(L#C"#R``3,.<@128,/V(M@'X.UI9>-PXL-$H@42F'$$6E!A!>9XQQ&`
M@`."S&4($!F["PELD@/V`1C<M$>1R$#^`V;L@`S887T7;@&'.1!E+DOYRV!.
M"'2E&U!!V:#*P+%#!8+,``I8H8A6N`"0[3SD)G^V#L/MLPA0D-0M=0('$>#R
M`W!0Q#)@8-%<;O1".K&)37`TM;(-;_!"P`(D`%HQA0#!`[C<`!*\FEN)!K60
M\7P0303"#6```QP>X6AX-I5,U&Q+8XL]E1BOF=`7.#0*<VUG`(C:(*;0Q!N(
MP(,=\&`(7VC$J;=$BG)+I1-SH`%;!,IJ5V^I!A"P,P,FX-]I*[K:UR[()MS`
M[1WX>P="^$(FNE1N<Y^["%`S$$O=W:-.D.#97'8`")A=)VHSFM<$:<03O,T#
M(0B!!SD@PA_^2L&E@I."*G/XYV2O\Y\3^.#6A_%TM6=\`1>'SN*AQKA`3`&(
M(>C`XQ[GP;?!,/#@+.#H2#^Z0!9@\J5'!;HK4/4`9W!F(^*``C.G<1(HSB6<
M[UI;G?B#SX'^\6]_X1'"27K212&*!80B%&PW]P(&<O(-B=9-+/\`"]K*(PC/
M>N9#MCG>O'YG;9E"$&,'>K>'T`9-R(<41^_$)2Q1B4H<_1*>^`3;CU[N47A^
M%'4O2.A!HMF$C_"V,)]*(60,@-:[OO4.P$`9,DAX:^M<((^00K>%WNT=1$$0
M)!<.*=J^`$HP(A&&,,31&4$)2W0"%$=G>RA``0JVCX(@)A_]<,C^H/+@,=C!
M&;+"!%Y/?@!,P,8)K'V^"5(*0$"!]T(?@ALV\7CB)Z(/>&`#&Y">"$9,`NF?
M\`F2=PG/)PIUEWW:MWTJ)RWK]G(9$@DQ$&^Z]GH/4&_KHWZW)Q"E(`A?$`50
M$`5>``=%%Q^D$`I'QP=KT`58D'1[X`?*AW26,`F,P'R8``J@AX`)J(#]X2PA
MX`)5P'4K8048X``-``$0]WJU)GA)@X$89`J9(`B`(`B.$'R/9X(+H`=H@`5*
M<'1;<'1X<'2)L'R(X`=^H`B3T`FA@(`G<4XSH%+G,@(S<%WR@0,3X``38`%_
M1WX,<`'HESU,.&J<T`GC1H+$UP=IH`7^2[``6=`%9[``:K``:Y`'?;``^+<&
M;,`'BG`)H*"&:Q@'@T1"K,%B$#4?*?``$4`"*9!IY0<`$A`#Z7=OY+=^EC)\
M1V<(=,`%3+``6V`&C7AT7(`&^\<&:-`%8T`'AC`)GW"#!I<2A``$3Q-6+5=I
MPI%F#5`!27`$X[>*$@>$//*'W`)Y"Z`(6'AT9H`&:I`&"W`%5Y`%7'!T6;".
M:,`'C-`)!EAP+!$)5;"`2\(6E)9Z*P%C%-``&]`)=L!ZJUAS%PB+KR>+LW)T
MDE`(='!T::!_:[``5-`$3G`%1^<$34`%79`'BW`):6B/58%$TI5,44)I5>=D
MI?@`,G`*U+C^BEK'C>&GD*['D+,2"I1P"'=@!F-@B720@EC`D4XPE$W0!%?0
M!7B0"):PB239$H10!)V4':O1<C9%DR!1"!C0`.>G/2V@BN47>'YHDZV'DY8B
M"I5P"'AP!F9@B7=`!V<P!EN@!5HPEW3)B'J0")60C$^Y(;943Z%D`C8P58A1
M!A/0`!CP9J<08S+9`!<P>\CCC0HC"I:0"'MPCG1P!WB0?VN`!F=P!I[)BVIP
MB8I0"9YP@U)1"&+0`Q$S,$8R`D"EA"[1"?#V`%0F$)'``3+)BGWX$9'P1B&!
M%1$AF23!&#3Y)54F"I>P"'Z`!W>0!WFP!WN@!],)G7J0!WB0!WK^H`=^L`BF
MB9I3`0E30`//&"@K@$U8J1%VL`%V*&T"T0)'2($UH#^,80=E4`;IE9_V:07\
MJ5X%40A64`,D``(M<`16`)P#L4'VJ9_I50;\V9\%09!)(`.H6`-)4`:R.1#>
MB%[WR:#[R9\8^ECH905'4`,I0`(M@`-68`<(ZE5V8`5!T`(D,*,RD`0K^C4&
M(0J=,`F*X`=]X`>%D'R',*1#B@A$.J2)(`F6P)?+^'2%4`4T0$A*<@)`Y8\A
MD00!B0%$A&F-"0*"5P@UD`$6P%]DB@$7,`$]QH?P408@0`%:Y@`/``$3D`$X
MH%1E0`)DFJ<74`$2T&,;\#F1<`09(`'^#U"HIE@!)&`%L_2'D9`$'#"F>6JF
M%-!C%2`#@&8%*7`!$@`!A0JG$"`!%Y`"6Y<WF*JIG.H`<!JG$F`!(%`#+C8*
MH'`)QK<(B\`(6"$)DT`)NEH)NDH)DX"KSA<*R@A(3.,T1@(=(N`"0!`'5NH1
M,O``#D`"!>%LJ\@`%G`$"&$'("`!J8JJ$J9K$<!IIU`(+6`!$W"'&2"F$,``
M#4`!('`$%Q)C6M:I$M8`ND8!LL*F%4`!%'`!&7`!%/!C#V`!*0"9",&H-4`!
MJ$JO$O9ZT9JAIX"I%K"N#1`!%8`!&&`!W%J$%<`!\*H0D1`$'%`!G"JG%B"I
M\=9Z<IH!,>#^GJ<P?`(X>98PLY9P"9@@$YZ0LS*!"3;K":`@K'UI&&0421+3
M`2(``^Z4GA/1"1$F`>(Z$(5``GD8BRV`$&`JIOP5L*LX`=A:""F`IAC@J@)A
M!S)0`6O6`!90IP-QIWEZF*MH`85A!1L0`1/PKEK2"9@Z`4`&`1DPJ@?!J(X*
MJ1H;GP#@9;+9"4>``7_'MSB@F(40!&VZ9M:JM@=1"&7+``PPL"EP!+T1"580
M`Q?P8ZX'`1@0!)]3@M,7@*K[LV_7NJU+?6\'GI=2"'(@E:@S`BA``TBPDBA1
M!A:`F`8K$)T0!&!)?@)Y//6)GW:0L!-(8YQ+`A%``2U0!D34J!?^T'I<*0.^
MH:#*VP)3ZWH7\)MSF[;`:;G9Z`#7>K!D:7N^P:'XF00@D+*O9[AZA@-FJ[(M
M8`<7LD%),&@`T*Z4&ULI(`%`]@`;<*`7$@EW6KP.(+V?\WEL%\&?-\$4#'H/
M2#I\,P(:T`%4B@2$B1*T&0$.T`+:8@=8)Y,6`+&G4`870+@5@`,M0`$3$`-W
M!6^N1V_'$P3R^WJ/.<`7$`0(`6&+YI@NJZ'KBY,X5F?SFP)?RKRPAP%*&&&M
MQP#6&*$UH,3TEA!EX+^O5P&*^;(X&,:<^&)/RC<JL!;#X\%2Y$@<X``1`,0&
MH97-VWH3$`3:1*WD1P$IL*\U@%I6\+O^4UP!'UL0.+##KB>]%5#%"5$#>=AF
M+D:<`P&!Q:NR3*Q!"?MZ$Z"]0:QFKE=K1"2$H.9E=U6088D#OB'&J-QT/&(K
M>Z-$&^,"G:/"&2%H:!N\D9P"ACRZE;P0>+R0`/NG"K&>>>B8MGP*A;R*`YL!
MFIP02:"W-]D"N07)N/F5Y4>_!L'"H,8`LA?$=$A^T;:]+;##>RAXI$Q^#[#+
MJ9S..3@?F*(I,Y`9,D1#LEP11R#"7JI!0<#%QON8#-'+G<RW11S'N$R!MTD0
MQ[R*$4##"Y%H$#=OV$H0T@R3U$Q^UDP0D3#0G9R!BWF_F+S,D?!IY"<!`3VV
M!NEZ#P`"BJG^SJEL)WIS`R\@&[J;+4I[T0\@`79LM1FPFQ'PT`KASR9M@8`5
M`\5+Q3PM$`>MAS7&$(FV99UL:Q!]Q!GX9)-<N+M,$%BJ:P[PDI5+`DR]D"D@
M*X)6RL=3SA1(`D*ETF)L*;9"1T!`&3.4/NG)T"FL9RDPQP"0U?T,R,9;`2-M
MQ9/\`"1P(4<]OV:MU!?0U:WWPO`1T5)=S54MO"V`V(4+U%8-U6"MSV6YS`5!
MUB9=V`*ATLA#$W0$%%-0!56@&RYU$9@FD`MAPZO8`/?<TWH]O[&M$)>FQ*YG
M`5]LS+E,8XIJV)+M`!SP.8P]T4L<S63IM`@18\TK`<M<"-<;BS?^;1"<W7J`
M;7/9!T<Y9`17<D&$(1$IX``0X(JR3;@`0,5PS,RS[7K.76&W77Y."Q^#[7H5
MH,)+77ZZ;<3-BY.-3=&/W0GAK(=U;+52[,U^"^#BG-\'4=T`<-T'H<IPA)Q8
ML15R,`?ML<8,H95HVYL++FLR"0%56][E5\?:]-[F7-OSW7H64&7W'=*F+!#%
M/=45K3T9,('SEMX1B@.X?=<85P8<\'=4_.(+7M+6[=D&$;29M$&!D3\ECHW1
MFE^7-M78.Y`B3GY<6^(Z7GYHZYXI#@`KWA`M?MPP#M7'T]]B#K5$?MX3\+1Q
MW`(5\``2)@$;4,QET`+I"@*FFQ`,[N#^>'45VD33%0CFV?BVNVT0/FU^TVW;
M60[?/-WE7P[<Y1=[D!GCCNU7V%A^-V[;(GL!&)"_@%5AT%U^?/Y7MJ,0T,T`
M4^:@#[KJ#UH&5V?7:XY!AT[B#&'BYORTCL[BAZWEBDSI_BU4D2`#4[WAHU8(
MZ=6L`['G1IYG:SM^#2`!^\JOTC[M%"!BDDW82CCKB5Z_.XZ]6LW;;ZOKUX[H
M8[[?46W<NBQ449O+Q.X1A5`&08!A)+`!Z7H!N3SJS*X]-1`!F6NH_O[O_F[>
M_\O/R[W>=+SM"&'K2(AGN0[FNU[*Y1Z6YR[C52W,6FX!''X1Z!4$*9`!;IIE
M]8JYHK[LS+[^G@X@`2@ZHRJ_\BN?`GNLTT4]K0:/Z%C>[?_+\+W]Z`O]\!0M
MKKY^YBL\A!>?\15A!^7J8_:*ZA5@`4ROM>9,\GEV!`H+Q1(N&%9O]>$MDUFM
M/]I>\Z^-\^'N\.,.`3Y/YJ"%[I0L5"Q\[>U^$76NJ8OF`!W;`D%@HP%ZPF4]
MSX@5@2`>$8L.`(`?^`)9Z`/1];7^]X'_OR1LU#DO[HD?^,H=L68O.FA/U6HO
M](_?]A2!MQL@OZA^P-2=YOB>9YW0QA00\TJ-^8^/W@5/N+0^:H@O^-_>\)"^
M^J<?\8_/WY5?T1:?^1A_$4&`AXD_93:W>H_?X%"/75LLD'H_KAC^??SGW/K'
M__J*;O.;-A"TO_-L;P'2]O.!S_L>[OM$GS>>=H2.G*VBG_S/)>PN*1'#:_/G
MG0'',^N#7/W'7VA]F/T*$>:!_P`9,.D`<8$!`((%(Z3H=$KAPE.16D0H6!!"
MBD(+"Z6`&!%``PM)&'X$";(0"`@:*=1(&-*.!8T`'I"H&%+F3)HU;=[$F5/G
MSI"%-CB0<(3G*3L46A:T8"=D$@L-6DX(DI)F)QP26CK`4&8ACI(M+42Z:>6"
M@Y838XH=J/&@5(8.,T8TN[#3D0DM&U00.O34$:L:,2B5N;+ERYAZ#1]&G%CQ
MPC(5&ES0RC-2!J=')^!@JY!IY8@2:H#^K4FU+UR86[MJ_!IV[-,D*=&V7!O2
M;5F*#`NQU,@`JLY"+5H4ZM2",T$&)#(S%*R1\&+FS9T_#P+A06W)#X^Z!`&8
MX6;8U*=6?8K9]%$*D6N*):OQ0N'7:A'*MJXQKMP,:0OJ#I*3:H0)90I1SJT%
MFJRH8+#2GD,P005M*H0$H(XX[J:Y"CR*(RM`XDZY[&P2K:4+M#N%JZ,D$.^\
MU2)Z2:KV(HH-I-GD\^Z4X$XC;C><1GH@J20HL(\X`66BJB[E#ERP2",3M**I
M]0SSJ4<6\_LHPX@>,V^F#N%Z;[RRB)P)/=1:6VA%@[+\Z$4L"U-(3``BP"$G
M`B.`";S<C)/^:20:"5KN2#WW3*R&"!P``3'AKG,@ALRD[`S*J?R,B`$,+F1(
MQ*L@L\G+@AI(`;0T!>HN0C,EBE'&&.Y\0`:<.AEU`@AKF,!)`/Z2B<#A\.22
M3UMOM<G!"$P]#(>W-&I@@RI/0;0@!\BLLP4:(9`A,TE;"JK2"SC3+:\P.77/
MT_C.!,E2@AKXT:8RQLH`+!QX;.FDXSJ1X4Y:T<0U7GD5*@0#"Q$3:U;B*FAS
MNZ9:8L`!"ZRMDX0'+LT`1(6>52Y4#"NP;[YK76VQS&U!A5=&.8FC,[04((B@
M!H6.L,!5!S;0=*$@'#MJNL(BG#?F!8.88#J8<XKDX^LF^BA)?1_^F"""##)F
MJ`P,TF.@`C`_8MC8"2R((660?#4V89",ICC<C]C]E2`(6I":7@[2(XC2J6A^
M0%B%[*AO1!GLB"3N0I@"VMT'0*BHDR!P(%IFOYN+Q&`(^D6,K^L<9<OGIS:0
M0`(9PM[J+0D,#:EI@B8@@0(*H@(RA<H:R"HD-==LP=,8N@9`XH_*`)"@"$JG
MB60'E$ZI$\^/8D!HWUK88((&3MI@5@NIHJ`"2/]&_K!.[*AA]QA(:#5M&7;W
M+8B^.RFC>>IE`.'@ZPZB'@0*]*V@!A`:)T%AA8RN,8:^+0?@`BLRF!VERH7$
M"M*Y8VB!?PY&BXC`^M>"%!2P?RDX40#^+4`"_K6@!E;0U/R\E[3C?:00-:B`
M`RA0HI$)Z2@.B$`('?`[S+0K-SG*P`0@`*ODM7`H5*D`R"(@`0@XI0$0D$`(
M0[A"*WA*!A7080ASJ*]+R5"($=#7YNQ`D@AL(`C^*40A[!"$HP%@=H^;"?PN
M$(DC9)`"+;""':)8B#*<"P`,>$`&S%.&\\D0`F1KU`-F&($'.$"..7R`J]"H
M0PA0(`4@*L,&:K@1#.#`/Y&08AF.`+T'\$LD)$#="2T`I21,ZSH-R$`/7;A)
MG<#0B$$$901XZ$,@AM*4IYRCOE1%%.@!!0,%)`$&).`4"&P@"9#3$FHZH;<+
M/.`!%,A``4'^8`$(#$0"Z2M:&U%IRCK*<9F@[.,?+?A#&T;@`BD@(`<L(`$Y
M9@!"*B')=2Z7@C*D)!+G<A7HEL9)=H:&>;Z)03QE,,]XUK-ZU\L>_^HISWGV
MTY\RV&<,Q*=**!5"!A:80/$FD$,(3.`",1A6Y=P%@-00"P052"A&:?C+#=0`
M7I%(PO3J^4]_VK.`V!PI20$:3]\\,&QZ2P$&@B:!"614<QAH042+UH(+J+`!
M`6NH!3B``ZF=\P(2&"$(%UC!=C;5J:=0G$:@(A7FI6`#%[!`,'&@/IG`KZ(R
M*H-`,W"!"VR@!;=L:B&.T`(.8/65,ECG5+('`@Q8``,DD($F95+^AA:,-9AZ
M?6I@VQG5B$RU+8DL@QAO-K6)?E4AB+1#&1(;B<4BKQ.(E*P8*:L3R-I!LS;I
M+"X%.]J_%0L`AEV,5T5+6M:VUK4*,BUJ%:/:U];6MK==3&PYE]K&KA:WOP5N
M<'5;69W0-KC'1:YP_R75W<ZVM\F%;G1=.USF&%>ZU\4N.ZG+VZ,X-KO?!>^\
MMNO<[OHVO.=%[W/&FQCKIM>][W7.>A'37OC6U[Y#D6^OGGM?_O;W)ODU#'W]
M.V`"`U@O`B9P@N]+V(*LLKK[57"$%[S<PA*,O1"6<(;!>]FX16)EJO1HAXF[
MM0Y3UH0MJ8`=.+Q9#;<XN5QL`0E($--IB3K@`C*6,0=O<D$<(]!5J0-!C$EP
MUA&[V,B!7>*??.F`'V_$C@YP0`:*K!D+-/,!1#SCDX&"K"-WN;6%P`$',C#F
I#&R``V=&,P<V0.8Q-TLG=D@!FS.0YC2O&0-CYD!SO;QG/O>YJ0$!`#L_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>g04950g04950e01.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g04950g04950e01.gif
M1TE&.#EA?`%K`/<``````(````"``("`````@(``@`"`@,#`P,#<P*;*\```
M``@("!`0$!@8&"$@(2DH*3$P,3DX.4)!0DI)2E)14EI96F-A8VMI:W-Q<WMY
M>WM]>X2&A(R.C)26E)R:G*6BI:6FI:VNK;6VM;VZO<;#QL;'QL[/SM;7UM[?
MWN?GY^_O[_?W]____P``````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M`````````````````````````````````````````/_[\*"@I("`@/\```#_
M`/__````__\`_P#______R'Y!```````+`````!\`6L`AP```(````"``("`
M````@(``@`"`@,#`P,#<P*;*\`````@("!`0$!@8&"$@(2DH*3$P,3DX.4)!
M0DI)2E)14EI96F-A8VMI:W-Q<WMY>WM]>X2&A(R.C)26E)R:G*6BI:6FI:VN
MK;6VM;VZO<;#QL;'QL[/SM;7UM[?WN?GY^_O[_?W]____P``````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M`````````/_[\*"@I("`@/\```#_`/__````__\`_P#______PC^`%D('$BP
MH,&#"!,J7,BPH<.'$"-*G$BQHL6+&#-JW,BQH\>/($.*'$FRI,F3*%.J7,FR
MI<N7,&/*G$FSILV;.'/JW,FSI\^?0(,*'4JTJ-&C2),J7<JTJ=.G4*-*G4JU
MJM6K6+-JW<JUJ]>O8,.*'4NVK-FS:-.J7<NVK=NW<./*G4NWKMV?*U*@.($B
MQ8J[@`,K7(&BA(@0(!*#$%$"Q5_!D`&O,,'AP@4-'#)KP'"!`PD5D4///>&!
MLX8/(TJH'A&"@P4+'4R(GIUTA>W''5>4V%#A@H<3N`>B\&"!0H;/M)/C7:%B
MKPD3?/T&OUCB`H4-)51,'ZB"1(8)%D3^;%=.'F9SPR$\=,B\H?T&#AY`C$"!
M$84&"1AD,S2Q`;SX\I$Q!YI,>9U`0GH<;*"!!NUEEF`&&2RX@0<DI%"1"AZ`
M5\)#*'``'@GC`2A7"H:-<()?+N55`@@;6*9!!XN5$%T*-**`@@DB5.8;<!.9
M4,$$(`SHD'T27+"AB':19AD&&&P`@@E"GM2=!PHRV$$())B`@G8)J6`""!A4
MD,&1$*4`0I$61G3"!1)L0!^2<ZT``@43-'F!!:>1<&*('7GI0086=`9""6D^
MI!L&$V2@WT,F9$!!!WPJ-$)Q'T0*)UHK>#AF"B>@YX$'(4`YD@HB8$`!!AX0
MRJ5$NGV7P9O^#DUZP0@4J?"!!!:88.FE965*`0=I,E?8!YO%%A*I%U3@&:P5
MZ?9C"%$N%$(%&IQ0T0D52.!!H;Q^1%ACM7U007X&*4FM"-QJ=.BCZ5J4:9V+
M,C2GFQ6EH$$$N78;T@HB6``L4BM,6P&M!3%'`F\5=,#C1BMT`&]'DU(@PD,9
MTDM1P!-,0+"AM]FF;Y<=/"#!?T:M$'$("*UP`@@63'!!".U>>!\&S&:$PG<@
M[,K""AY(H$'-$.EF000H.Y0""2!TT$%\(BS\,4$\/^``!]$.U2@%(`PV`@82
M/&IM1G)2('%N#G=0]4$-2Y#!UQ2M&4'."Q%&P@<;,!GA@AR$X/3^TRR(,,$#
M&<0<5`H<4.!!I"H['$&U&J&P003D<O3!!/\RQ'.B;$^40@815)[R;H%R(-]S
M(W20[)@Z0Q;B"1A`<`'00LF9L.`$I?`!!9"7D/I")0R-0>87\2P!U0Z!\/"%
M&T#P>T+#W:E!J"EHQ]P)6Q=)`I(";I="!Q%0$&]1(HBY=\K]XCO"[EV&[[/N
M-FL`9.HB4#`K^@5WH#SP`YW`0046>*`K0B;``.3&1QO":&DZMH)`!":&E-Y=
M@&1QJX[YZ'<09"6*?>[J5P6NYQ`26*`"<*L(]UYUD!-LX%2?X9/0)M`!V@6(
M!"]R#$%4``((/.`#9PM*`"N`PX>40(#^%0@!!0VBF\I@``3X*]-W.``[`'X'
M4LWB0`0VT"['H7!7`:O`!D4D@JY!D`4J"`$$&N"YHJ"@`\K*H1,A(+$A&B0%
M(=!`!CHP@@-&A%\4J``&&](AM:F1(9N+@-D*DH(,7>!_#5'!!B0PR/*,0`(1
M\$"4^!6!!I#P**2R``9<6$(!6F!CP3M!".J6@52MRG(DL(XD(1)&7#6Q(29@
M4]:@-J?PH,]X1@)0"2@``2I"[9$,R-=1)O.:)"XDEJ[[GD5(]"?+;.`#A%H(
M'"]`N5>FS$<4&,$?$Q(PL8%RA4&*B`<G<+CRL.X!%F#6"D@@@050@(-'04%Q
M0"01$E0``I?^U,C1.H"!UV"@`R*PXPQ-0)SK*#.1)V2BYF:6N13TYV<2.<%]
M-+#-P&!(@=\DP00``(&B'24%B/H`)RL8`DCVD&'-$<$&/C@N.CKF,69BT@=D
MR"H-PA,B)J"`!,(Y$!-\\'P2Z2,&*BH9=CK`EP+1S489P`$WTD0%'MJ`,:7Y
MN+%Y1`74:TT_-0E0X'PKFA5!`=<J%9%"1J`"3C/9J:R9D.WAAZB``:D#WDF0
M$E1@`0P(G+LZIH*^JH!&@-6+C09+6!O1J*\>"]JT+$`F-5W@`:\320I*MU4,
MB*XQI[Q8!]K$5H.,X$>K'(B9*K`!N!:DCQ05T9D@X`'N]$MJ1NK^F&P%]%?`
M#O8$N'V."4I`@A&(X#`@^$!B/J`>I1GWN)]:S`BR="+I[>IJ'I5(%P5IVHD(
M:T4:>(V@2+"EQ$JW-T`UVN/65A#])6R($J6<4^-"`@HXX%4T*L'^;#B!#83@
M,"%`#'$_M9X$O<>_$FJ/A.0(H0)'Z,`&7A"$F&0W"#&(`TO#TI84@B&?G:"Z
MHDV>]];KD+S@Z`,<R,"2)E2AB9S`4<1KB)PR]D46F$`#%2AG/2G%X:TP1["X
M/<%S5,/C$?B8!#F2``,8*=P30M*&13)P!AK,&;L%^,']A3!RA:N8_%KYOOA-
MS*?4PYXE8R`#&X`1=T/DM_J&H+-$S"G^!,I($I6)H`,BUBX'`CK2&9[)`E.%
MFET9V:ZK05$BQK/`37O%UQIU2@0@X+)F&/QESEC&,D-;P%PO(&)(9NP!^%2/
M!ZA\W^62@`0RPBUAH^?74IL:L;.]S:G[F@(3'`C$(K:L-@_BTPC@"@1H+@A4
MNP=*D]S8!*-LF9B0F%F%^%1;(S4A?F"G[-)*1)'#J[-6L&J8X')Y`TM>$H/O
M!N4MQR<Q(M``;+'$,C'=9V2%/2RJ:SR1O]ZH!*.<``6@]4:'2:`W/(6(71^0
MXI5@=00>T,"=.H.N1#I,F-PT9&-KM]E-WM&G$XBN5PH$9$1[@`,$5O"VX2/<
M3H.:+X9=MXO^[^ELAV+@`]/R7D]6\`&IA19J'J2`!BB`YV=O`)T'38G*1IDL
M"VR@X,>T`&O5F,6(AXA?X,ES!3MP*J5;A3F4^1%XFM0!E*?F.=$I]6P5<C,(
MI),%-\.`"#PX,G:/1*)GI:=!4&"=#K1,I!(IJ=%C`G4T=L\#;&U8VL=CLFPI
M-"$:U1CZ?#IO#$.E[E+WC8SZ(CV,;`\"$]A0`!4E5F3OA#_C$D$.%:DL1^4R
M(G:=HN%%@H(1\,:@QQ2@7@LVJ0$.1@00<$`+'^+6R(H%ZHC^0$!'OY`P1J"C
M+FZ28Z1(7IRTRCAJ1QO++L!/1M*/=<J3-DJZF4P5/E("0H2Y[Q;^3D011,"=
MW$](_+!F%E77EO?<S.D#S!;`?_5L8,8O`8PW@,B$!-!PW+N`T\N;`=?E>OH!
MU``-$#D($4B'-!!"@Q][Q#P8P``-@%32E`'1MA:WX1$I\%B_4QV^]%D2\`$W
M@0)@<G+[IP(.`Q_REGT<DCPU1Q-PQ#4-L``0,'L)$7J#%$;9HB@Z8S(3`(.S
MI!#;HR$?DREL]%L^9R&.TR;HYRWR16F:]Q"RTB+U55W;<U8YQQ(H\`'4)#\2
MX``(AS;OUS1S$@&*PDH;L```\$Y\,AP34`%-^#$A,`%K!@)I)!#Q<TAFAQ'K
ME%WTASYGQ#_?87M&XP'=4X4J@2'RXP'^)L(!$#`PD=)'QD$G'+!_M:,!#```
M#2!HC\%7E"%O(?0Q`81.O/%G:V(X2;@1*!`"2_8;]",TUY$QR0=(@JAR=!=S
M((`B'N!UX5<0.<4`<X5W=S0I#_![#A!C,L);K%$9\@,S?`-&M\A&6`-3F_5U
M+J$")?`G/R=]NN9V7&-Y0Y(\%4"(*`%5=?(U*I`!#T`S@[$R.[@`*P@1:U(D
M'V!W9V59";)5&_"*3P-,#A!Q"#@"$R`!O39]I[@9JF@1('@!$(!/DL@":P)9
M_S<J'K(\+-!>,9A#!@-C/W)6N!8]*G9&]P8BD_$X#/``I!5A)H`BRR@0V()7
MV400;"=(V"C^$,V!DNUF>I=Q9AEA0I5$5PZQ2[U4B@R3<BAC+XN8BP/Y(V)7
M`@[S*Z"29X0Q`HX21+@Q'!0@,O3'D2E9.QG0`,$4+VG#6$&5:`OH$%X21Y:%
M'&!34@#@`#TH+[:&@NKB5(4T;,G#6G[A5YQB&*;#/QQP)#<3`=WC<R:28[JU
M6R(0<(%";S`'8XH7DP"20`P@D0-!=JT5$7U(@"HV676S`=ITAPQ9`0```*D%
M2!G`A>`8$<UQ8?7B`57)E=ET(Q67--E62E""&R\&25)S'4K#'@ZB($XB*D0$
M@BUC`1]P89YY%^LD`0,(/%"%3@LIDZ'W=Y:CE%_V)$!I$`ETAO7^)WYP^&?Z
M=)BGJ1!=!`!#]CRRR6"8,3KMDC@44(D,H"Q1!B,A4$<G(DTDX!I<A98IB0(5
M<(G*]$B1A&%".`$,E(YF>8TAT2'P8BDJ@`'HE(L7@HH<4$<T&3<D`B82,`'/
MPUL6IS2Z!YQM)8<)B0&IH1K0T1=EE2-W@BKT6:$I(B"&YIA!48YS%9!=UXX/
M84_\1G0D8D1G=IQKQQB<Q"\2``$GQ1$G\`%+)CIZ0FJKUE>%41IBDP&:-ULB
M9SDF$(\@V3$7XR6F$R@9<%G1XUT@87[NYAS&F%^)U@%CZ13-V$@(Z#=O@V&;
MPX4$M#/464I@U69D>A#Q<XX/:2@H@#3^&`<A899<BJ%E(:9=]G6GM>*BP5,8
M(0!G/3='(=`80)J:)3`"B?8@CJ9=2W(!33)H3V%7#$`!8VDO^`*A*>,!#T"@
M"`1LFPET,@%']P26D@5O'5`E!49@"V8W`!6H,#&H=.-H3!)F\UD")TIJMG%J
MAJ9CQ@A<\:@@<0:JC\8DF+$T3".L0D$X#@`!^380G]4Y]#-=+T<8*D5I/SH3
MA!&&GS<2S9J7K)&HB3&?)]FG/M&LA<$BUI%'HOH>H"("R^5;OW5EG:H@G/%!
M8I-'6@2F'*![H6988\JE56%/6%,U),A&^,@[O.1L8,=S&0!-,AH2*2`"41D;
M0&HYM158A[7^%`5B&!>W&9`6*`G[&A]DLS@KJE]F)0%[==`QIF)1LGHS'JSC
M>@_1D+ER`F_&)'0TLAQQ8S<"</V4`8H)(`;$&O$H9?[E'O\%89MV7\S%>&U1
M@6C3.\.SD/8A,DHCJIY1;"S1'`>RJV"VKI>2:D^::F2K.OVB-N$)=J79`-2"
MB#0%$QZ&7XRAFEFYC*22+0\TN%!S'AY0`0[8N#4A++@%J8G[-"HP`FP"&XT!
M6*Q&/2`08A7PK>%:N9F;NDEE`E^*`9B1&?%17*""-$7Z<JI[NS>QN?WE'DL#
M`O=UDF!7NA:#N\1;N3>68]'A70V*<\7;O,:'KSMC/_SHO-3K$V^SR%K5F[T[
ML6\;D++:^[T7<3,.<`%."[[F2S8DN9WGN[XJT45SQ[[PFQ(^PDC7&;_VRT?W
M`HCWN[\?83M=PZK\&\`7TUYE)\`&W#A#(X,'O,"U\C@'R,`0?$?&@WT17,$^
M5`'\YKT6_+WB2[X;_,&MRD;A!<(D+!#M15TEG,+V$0'ZF\(;W$J1Y\(EG%-S
H*L,@W*`0P#@VO,'"`W\[O,$_%!X_O,%'\R1#_,)8><1*O,1$$1``.S\_
`
end
</TEXT>
</DOCUMENT>
</SUBMISSION>
