ࡱ> D F / 0 1 2 3 4 5 6 7 8 9 : ; < = > ? @ A B C 9 Q bjbj1p ".lDDD( H  (((8` b"0MH$k f p p p 8 T߷D  P `̱- T(HPPL0 1ZP p p p p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x . . '5@=>2, 2003 1 02B>@5  '5@=>2 =4@59 =0B>;L528G, 1978 3.@., 2 2001 3. >:>=G8; >A:>2A:89 3>AC40@AB25==K9 8=AB8BCB <564C=0@>4=KE >B=>H5=89 (#=825@A8B5B), A>B@C4=8: 5?0@B0<5=B0 8=D>@<0F88 8 ?5G0B8  >AA88, :0=4840B ?>;8B8G5A:8E =0C:. 2B>@ @O40 ?C1;8:0F89 ?> 2>?@>A0< D>@<8@>20=8O 8=D>@<0F8>==>3> >1I5AB20, A@548 :>B>@KE A=>2=K5 8AB>@8:>-B5>@5B8G5A:85 MB0?K @0728B8O :>=F5?F89 3;>10;L=>3> 8=D>@<0F8>==>3> >1I5AB20, 564C=0@>4=K5 0A?5:BK @0728B8O 3;>10;L=>3> 8=D>@<0F8>==>3> >1I5AB20, 0728B85 @>AA89A:>3> 8=D>@<0F8>==>3> @K=:0. !D5@C =0CG=KE 8=B5@5A>2 A>AB02;O5B 2;8O=85 =>2KE 8=D>@<0F8>==>-B5;5:><<C=8:0F8>==KE B5E=>;>389 =0 <8@>2K5 ?@>F5AAK. !?8A>: =0CG=KE @01>B 8 ?C1;8:0F89 02B>@0 '5@=>2 .. !B0=>2;5=85 3;>10;L=>3> 8=D>@<0F8>==>3> >1I5AB20: ?@>1;5<K 8 ?5@A?5:B82K  >=>3@0D8O//., 2003, 0H:>2 8  - 232 A. (14,5 ?.;.) '5@=>2 .. A=>2=K5 8AB>@8:>-B5>@5B8G5A:85 MB0?K @0728B8O :>=F5?F89 3;>10;L=>3> 8=D>@<0F8>==>3> >1I5AB20//=D>@<0F8O. 8?;><0B8O. A8E>;>38O. !1>@=8: <0B5@80;>2 :@C3;>3> AB>;0 8 ;5:F89 ?@5?>4020B5;LA:>9 :0D54@K <0AA>2>9 :><<C=8:0F88 8 A2O759 A >1I5AB25==>ABLN 8?;><0B8G5A:>9 0:045<88  >AA88. ., 2002. - 1,3 ?.;. '5@=>2 .. 564C=0@>4=K5 0A?5:BK @0728B8O 3;>10;L=>3> 8=D>@<0F8>==>3> >1I5AB20//8?;><0B8G5A:89 25AB=8:, !4 (0?@5;L), 2002. - 1 ?.;. '5@=>2 .. 0728B85 @>AA89A:>3> 8=D>@<0F8>==>3> @K=:0//"0<1>2A:89 :C@L5@, ! 7 (331), 11 D52@0;O 2002. - 0,3 ?.;. '5@=>2 .. =D>@<0F8>==K5 B5E=>;>388 :0: 1070 4;O @0728B8O 3;>10;L=>3> 8=D>@<0F8>==>3> >1I5AB20//"0<1>2A:89 :C@L5@, ! 12 (336), 18 <0@B0 2002. - 0,3 ?.;. '5@=>2 .. >45;8 @0728B8O 8=D>@<0F8>==>3> >1I5AB20 //"0<1>2A:89 :C@L5@, ! 33 (357), 19 023CAB0 2002. - 0,3 ?.;. '5@=>2 .. >AB>: =0 ?CB8 : 8=D>@<0F8>==><C >1I5AB2C//0H 3>@>4 "0<1>2, ! 38 (53), 23 A5=BO1@O 2002. - 0,3 ?.;. '5@=>2 .. ;>10;L=0O A5B520O M:>=><8:0 2 8=D>@<0F8>==>< >1I5AB25//>@8=D, ! 35 (683), A5=BO1@L 2002. - 0,3 ?.;. '5@=>2 .. ;>10;L=>5 8=D>@<0F8>==>5 >1I5AB2>: ACI=>ABL, MB0?K AB0=>2;5=8O, ?5@A?5:B82K 8=B53@0F88 >AA88//8AA5@B0F8O =0 A>8A:0=85 CG5=>9 AB5?5=8 :.?.=. .: 8?;><0B8G5A:0O 0:045<8O  >AA88. 2002. '5@=>2 .. ;>10;L=>5 8=D>@<0F8>==>5 >1I5AB2>: ACI=>ABL, MB0?K AB0=>2;5=8O, ?5@A?5:B82K 8=B53@0F88 >AA88//2B>@5D5@0B 48AA5@B0F88 =0 A>8A:0=85 CG5=>9 AB5?5=8 :.?.=. .: 8?;><0B8G5A:0O 0:045<8O  >AA88. 2002. !  & & & & & & & & ..........................................................................6  I. , $ & )!": !#)!",, $#&, & & & & & & & & & & & & & .& & 13 1.1 0728B85 =>2KE 8=D>@<0F8>==>-:><<C=8:0F8>==KE B5E=>;>389 :0: 1070 AB0=>2;5=8O 8=D>@<0F8>==>3> >1I5AB20& & ........& & & ..13 1.2 >=OB85, >A>15==>AB8 8 ?@58<CI5AB20 3;>10;L=>3> 8=D>@<0F8>==>3> >1I5AB20& & & & & & & & & & & & ..& & & & .23 1.3 >45;8 @0728B8O 8=D>@<0F8>==>3> >1I5AB20& & & & .& & & .38  II. !+ -"+   + $  / , $ & )!" ..& & & & & & ..49 2.1 0 ?CB8 : :>=D5@5=F88 AB@0= 1>;LH>9 A5<5@:8 2 @NAA5;5 (1995 3.)& & & & & & & ..& & .& & & & & & & & & & .49 2.2. 0728B85 8=D>@<0F8>==>3> >1I5AB20 2> 2B>@>9 ?>;>28=5 90-E 3>4>2.& & ...& & & & & & & & & & & & & & & .& & & & & & 59 2.3. :8=02A:0O %0@B8O 3;>10;L=>3> 8=D>@<0F8>==>3> >1I5AB20 (2000 3.) 8 @50;870F8O 55 ?>;>65=89& & & & & & & & ...& & & & ..75 2.4. @>1;5<K AB0=>2;5=8O 3;>10;L=>3> 8=D>@<0F8>==>3> >1I5AB20 8 45OB5;L=>ABL 3>AC40@AB2 ?> 8E @5H5=8N& & & & ...& ..82  III. !!/  , $ & )!"& & & & & & & & & & ...& & & & & & & & & & & & .& & ...97 3.1 >=F5?BC0;L=K5 >A=>2K D>@<8@>20=8O 8=D>@<0F8>==>3> >1I5AB20 2 >AA88& & & & & & & & & ..& & & & & & & & & & .....97 3.2 5@A?5:B82K 8=B53@0F88 >AA88 2 3;>10;L=>5 8=D>@<0F8>==>5 >1I5AB2>& & & & & & & & & & & & & & & & ...& & & & & & & ..105 .'& & & & & & & & & & & & & & & ...& & & & & & & .& 113 !"'  " "# & & ........................& & ..& & & & .& & .120  /& & & & & & & & & & & & & & & & & & & & & & & ...137 @8;>65=85 1. >=F5?F8O D>@<8@>20=8O 8=D>@<0F8>==>3> >1I5AB20 2 >AA88 & & & & & & & & & & & ..& & & & & & & & ..137 @8;>65=85 2. >:B@8=0 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 & & & & & & & & & & & & & & & & & & & & .& & & 165 @8;>65=85 3. $545@0;L=0O F5;520O ?@>3@0<<0 ($&) -;5:B@>==0O >AA8O (2002-2010 3>4K)& & & & & & & & & & .& ..& .& & & & .230  !B@5<8B5;L=>5 @0728B85 8 @0A?@>AB@0=5=85 =>2KE 8=D>@<0F8>==KE 8 B5;5:><<C=8:0F8>==KE B5E=>;>389 ?@8>1@5B05B A53>4=O E0@0:B5@ 3;>10;L=>9 8=D>@<0F8>==>9 @52>;NF88, :>B>@0O >:07K205B 2>7@0AB0NI55 2;8O=85 =0 ?>;8B8:C, M:>=><8:C, C?@02;5=85, D8=0=AK, =0C:C, :C;LBC@C 8 4@C385 AD5@K 687=545OB5;L=>AB8 >1I5AB20 2 @0<:0E =0F8>=0;L=KE 3@0=8F 8 2 <8@5 2 F5;><. 0: ?>4G5@:8205BAO 2 :8=02A:>9 %0@B88 3;>10;L=>3> 8=D>@<0F8>==>3> >1I5AB20, ?@8=OB>9 ;845@0<8  2>AL<5@:8 22 8N;O 2000 3>40,  8=D>@<0F8>==>-:><<C=8:0F8>==K5 B5E=>;>388 (") O2;ONBAO >4=8< 87 =081>;55 206=KE D0:B>@>2, 2;8ONI8E =0 D>@<8@>20=85 >1I5AB20 XXI 25:0 . 0ABC?05B =>2K9 MB0? 2 @0728B88 ?@>F5AA>2 >1<5=0 8=D>@<0F859. =B5=A82=>5 2=54@5=85 8 ?5@5?;5B5=85 A>2@5<5==KE :><?LNB5@=KE, B5;5- 8 @048>25I0B5;L=KE, B5;5D>==KE B5E=>;>389 8 :><<C=8:0F8>==KE A;C61, 1KAB@>5 @0A?@>AB@0=5=85 ;>:0;L=KE 8 3;>10;L=KE :><<C=8:0F8>==KE A5B59 A>7405B ?@8=F8?80;L=> =>2>5 :0G5AB2> B@0=A3@0=8G=>3> 8=D>@<0F8>==>3> >1<5=0 8 8=AB@C<5=B0@8O 2>7459AB28O =0 <0AA>2>5 A>7=0=85, CA8;820O 7=0G5=85 A>F80;L=>-?A8E>;>38G5A:8E 8 :C;LBC@=>-8=D>@<0F8>==KE 0A?5:B>2 3;>10;870F88. @54>AB0282 C=8:0;L=K5 2>7<>6=>AB8 2 >1;0AB8 ?5@542865=8O :0?8B0;0, B>20@>2 8 CA;C3, 8=D>@<0F8>==K5 8 :><<C=8:0F8>==K5 B5E=>;>388 AB0;8 >A=>2>9 D>@<8@>20=8O =>2>3> B8?0 M:>=><8:8 -  :815@M:>=><8:8 . !CI5AB2CNI85 M:>=><8G5A:85 A8AB5<K 2K=C645=K ?@8A?>A01;820BLAO : 8=D>@<0F8>==>9 8 :><?LNB5@=>9 @50;L=>AB8. #A:>@ONI55AO @0728B85 8 @0A?@>AB@0=5=85 8=D>@<0F8>==>-B5;5:><<C=8:0F8>==KE A8AB5<, A2O70==KE <564C A>1>9 8 ?5@5A5:0NI8E B@048F8>==K5 =0F8>=0;L=K5, ?>;8B8G5A:85 8 M:>=><8G5A:85 3@0=8FK, ?@825;8 : 2K=C645==><C 87<5=5=8N =0?@02;5=8O ?>;8B8G5A:>9 <KA;8. 1I5AB25==>-?>;8B8G5A:89 ;5:A8:>= 70 ?>A;54=85 3>4K >1>30B8;AO B0:8<8 ?>=OB8O<8, :0: M;5:B@>==>5 ?@028B5;LAB2>, M;5:B@>==>5 3@0640=AB2>, :815@?>;8B8:0, :815@45<>:@0B8O, :><?LNB5@>>?>A@54>20==0O ?>;8B8G5A:0O :><<C=8:0F8O 8 4@C38<8. =D>@<0F8>==>-B5E=>;>38G5A:0O @52>;NF8O, @072>@0G820NI0OAO =0 =0H8E 3;070E, >?@545;O5B 42865=85 : A>25@H5==> =>2><C B8?C >1I5AB20 - 8=D>@<0F8>==><C, 8;8, :0: 53> 5I5 =07K20NB, >1I5AB2C 7=0=8O. 4=>9 87 >A=>2>?>;030NI8E E0@0:B5@8AB8: MB>3> >1I5AB20 O2;O5BAO 53> 3;>10;L=K9 E0@0:B5@.  ?@>F5AA5 53> D>@<8@>20=8O ?>AB5?5==> AB8@0NBAO 3@0=8FK <564C AB@0=0<8 8 ;N4L<8, @048:0;L=> <5=O5BAO AB@C:BC@0 <8@>2>9 M:>=><8:8, 7=0G8B5;L=> 1>;55 48=0<8G=K< 8 :>=:C@5=B=K< AB0=>28BAO @K=>:. =D>@<0F8O 8 7=0=8O AB0=>2OBAO >4=8< 87 AB@0B538G5A:8E @5AC@A>2 3>AC40@AB20, <0AHB01K 8A?>;L7>20=8O :>B>@>3> AB0;8 A>?>AB028<K A 8A?>;L7>20=85< B@048F8>==KE @5AC@A>2, 0 4>ABC? : =8< - >4=8< 87 >A=>2=KE D0:B>@>2 A>F80;L=>-M:>=><8G5A:>3> @0728B8O.  A2O78 A MB8< : G8A;C 206=59H8E 7040G :064>3> 3>AC40@AB20 >B=>AOBAO D>@<8@>20=85 8 @0728B85 8=D>@<0F8>==>9 8=D@0ABC:BC@K 8 8=B53@0F8O 2 3;>10;L=>5 8=D>@<0F8>==>5 >1I5AB2>. 5H5=85 MB8E 7040G AB0=>28BAO A53>4=O =5>1E>48<K< CA;>285< CAB>9G82>3> @0728B8O 3>AC40@AB20 8 53> ?>;=>F5==>3> 2E>645=8O 2 <8@>2CN M:>=><8:C. <5AB5 A B5< A>2@5<5==K5 8=D>@<0F8>==K5 B5E=>;>388, 2A5 3;C165 ?@>=8:0O 2> 2A5 AD5@K >1I5AB25==>9 687=8, 35=5@8@CNB =5 B>;L:> =>2K5 2>7<>6=>AB8 2 @5H5=88 @07;8G=KE =0:>?82H8EAO ?@>1;5<, => 8 ?@8=F8?80;L=> =>2K5 C3@>7K, A@548 :>B>@KE =0<5B82H89AO F8D@>2>9 @07@K2 <564C AB@0=0<8 8 2 @0<:0E >B45;L=>3> 3>AC40@AB20, A>1;N45=85 A2>1>4K A;>20, 70I8B0 8=B5@5A>2 MB=8G5A:8E <5=LH8=AB2 8 ?>4@0AB0NI53> ?>:>;5=8O, A>E@0=5=85 =0F8>=0;L=>3> O7K:0 8 :C;LBC@=>3> =0A;548O 2 =>2KE CA;>28OE, ?@>B82>AB>O=85 :C;LBC@=>9 M:A?0=A88 4@C38E AB@0=, >E@0=0 8=B5;;5:BC0;L=>9 A>1AB25==>AB8, 1>@L10 A :><?LNB5@=K<8 8 2KA>:>B5E=>;>38G=K<8 ?@5ABC?;5=8O<8, 0 B0:65 2>?@>AK F5=7C@K 2 3;>10;L=KE :><?LNB5@=KE A5BOE. :BC0;L=>ABL ?@>1;5<, A2O70==KE A D>@<8@>20=85< 3;>10;L=>3> 8=D>@<0F8>==>3> >1I5AB20, ?@82;5:;0 : =8< 70:>=><5@=K9 8=B5@5A CG5=KE.  ?>A;54=55 45AOB8;5B85 7=0G8B5;L=> 2K@>A;> :>;8G5AB2> <564C=0@>4=KE 8 >B5G5AB25==KE :>=D5@5=F89, :@C3;KE AB>;>2, :>;;>:28C<>2, 0 B0:65 <>=>3@0D89, AB0B59 8 4@C38E ?C1;8:0F89, ?>A2OI5==KE 8AA;54>20=8N 53> @07;8G=KE 0A?5:B>2. 0AA<>B@5=8N ?>;8B8G5A:8E 0A?5:B>2 D>@<8@CNI53>AO <8@>2>3> >1I5AB20 7=0=8O ?>A2OI5=K B@C4K @B0<>=>20 ."., 0A8;L520 .., 5@H8=8=0 .!., 5@H8=A:>9 .., >;>:8B8=0 .., @H>2>9 ".., 0AC@A:>3> /.., 0H;520 ..., >ABN:0 .., >G5B>20 .., C@=>A>20 .., .. 5<;O=>2>9, 02@8:>20 .., KA5=:> .., 0H;K:8=0 .., 5;NE8=0 .!., >45A>20 !.., 0@8=>20 !.., 5A:>20 .., 5B@>20 !."., 0:8B>20 .., !02>AB8F:>3> ..., "8E>=>2>9 ".., '8G0=>2A:>3> .., 'C3C=>20 . 8 4@. >?@>AK ?@02>2>3> >15A?5G5=8O ?@>F5AA0 AB0=>2;5=8O 3;>10;L=>3> 8=D>@<0F8>==>3> >1I5AB20 70B@03820NBAO 2 @01>B0E D8<>2>9 .., @8AB0;L=>3> .., !>;>2O=5=:> .., !B@5;LF>20 .., /:CH520 .. 8 4@. -:>=><8G5A:0O A>AB02;ONI0O MB>3> ?@>F5AA0 @0AA<0B@8205BAO, 2 G0AB=>AB8, 2 ?C1;8:0F8OE 40=>20 .!., $@>;>20 !.. (:>=48=0 .. @>1;5<K >15A?5G5=8O 8=D>@<0F8>==>-?A8E>;>38G5A:>9 157>?0A=>AB8 2 CA;>28OE 3;>10;870F88 ?>4=8<0NBAO 2 @01>B0E B0:8E >B5G5AB25==KE 02B>@>2, :0:, =0?@8<5@, 09:>2 .., <5;LO=>2 .., 0=0@8= .., 09:>2 .., !5@385=:> .., !<8@=>2 .., !<>;O= .. ?@545;5=8N 1078A=KE ?>=OB89, E0@0:B5@87CNI8E 8=D>@<0F8>==>5 >1I5AB2> 2 F5;><, ?>A2OI5= @O4 @01>B 70@C156=KE 02B>@>2, 1>;LH0O G0ABL :>B>@KE =0?8A0=0 2 @CA;5 :>=F5?F89 ?>AB8=4CAB@80;87<0. !@548 =8E A;54C5B >B<5B8BL @01>BK . 5;;0 (D. Bell), . 5@10E0 (K. Werbach), . 0=0 (R. Kahn), -. 8=30 (E. King), . 0AC4K (Y. Masuda), ". 5@@8;;0 (T. Merrill), . >@0B0 (M. Porat), . >15@BA0 (L. Roberts), . >18=A>=0 (K. Robinson), . M448:0 (R. Reddick). 2B>@ >?8@0;AO B0:65 =0 @01>BK 8725AB=KE 8AB>@8:>2 8 D8;>A>D>2, 2 :>B>@KE ?@54?@8=OB0 ?>?KB:0 >A<KA;8BL 8 A?@>3=>78@>20BL =0<5B82H85AO ?>4 2>7459AB285< =>2KE 8=D>@<0F8>==>-B5;5:><<C=8:0F8>==KE B5E=>;>389 ?5@5<5=K 2 @07;8G=KE AD5@0E G5;>25G5A:>9 687=545OB5;L=>AB8 (". !B>C=L5@ =D>@<0F8>==>5 1>30BAB2>: ?@>D8;L ?>AB8=4CAB@80;L=>9 M:>=><8:8, . "0?A:>BB -;5:B@>==>-F8D@>2>5 >1I5AB2>. ;NAK 8 <8=CAK A5B52>3> 8=B5;;5:B0, -. ">DD;5@ "@5BLO 2>;=0, . @0:5@ >AB:0?8B0;8AB8G5A:>5 >1I5AB2>, . 0;;8<>@ !B@0B5388 @0728B8O 181;8>B5: 2 8=D>@<0F8>==>< >1I5AB25, . 0AB5;LA =D>@<0F8>==0O M?>E0: M:>=><8:0, >1I5AB2> 8 :C;LBC@0). @><5 B>3>, 2 @01>B5 ?@>0=0;878@>20= H8@>:89 :@C3 @>AA89A:8E 8 70@C156=KE 4>:C<5=B>2, =0CG=KE 8AA;54>20=89, 0=0;8B8G5A:8E 8 8=D>@<0F8>==KE <0B5@80;>2 A?5F80;L=>9 8 >1I59 ?5@8>48G5A:>9 ?5G0B8, AB0B8AB8G5A:8E 40==KE ?> @07;8G=K< 0A?5:B0< 3;>10;L=>3> 8=D>@<0F8>==>3> >1I5AB20. =0G8B5;L=K9 8=B5@5A 4;O 0=0;870 ?>;8B8:8 254CI8E 3>AC40@AB2 2 >1;0AB8 @0728B8O 8=D>@<0F8>==>3> >1I5AB20 ?@54AB02;ONB <=>3>G8A;5==K5 4>:C<5=BK !, , ", .!, 45:;0@0F88 8 8=K5 8B>3>2K5 4>:C<5=BK A0<<8B>2 3;02 3>AC40@AB2, A>25I0=89 <8=8AB@>2 ?> ?>;8B8:5 2 >1;0AB8 !, 4>:;04K, >BG5BK 8 70O2;5=8O AB@C:BC@=KE ?>4@0745;5=89 ?> 2>?@>A0< 8=D>@<0B870F88 <564C=0@>4=KE =5?@028B5;LAB25==KE >@30=870F89. &5;LN 40==>3> 8AA;54>20=8O O2;O5BAO F5;>AB=K9 0=0;87 ?@>F5AA0 D>@<8@>20=8O 3;>10;L=>3> 8=D>@<0F8>==>3> >1I5AB20, >E20BK20NI89 2A5 =>2K5 AB@0=K 8 @538>=K <8@0, 8 2KO2;5=85 =0 MB>9 >A=>25 ?5@A?5:B82 8=B53@0F88 2 =53> >AA88.  A>>B25BAB288 A ?>AB02;5==>9 F5;LN 2 @01>B5 @5H0NBAO A;54CNI85 >A=>2=K5 7040G8: ?@>A;548BL B5E=>;>38G5A:85, M:>=><8G5A:85, A>F80;L=K5 8 :C;LBC@=K5 ?@54?>AK;:8 D>@<8@>20=8O 3;>10;L=>3> 8=D>@<0F8>==>3> >1I5AB20; @0A:@KBL A>45@60=85 >A=>2=KE ?>=OB89, E0@0:B5@87CNI8E ?@>F5AA AB0=>2;5=8O 3;>10;L=>3> 8=D>@<0F8>==>3> >1I5AB20 8 53> >A=>2=K5 G5@BK; @0AA<>B@5BL ACI5AB2CNI85 <>45;8 @0728B8O 8=D>@<0F8>==>3> >1I5AB20 8 2KO28BL >1I85 B5=45=F88 8 >A>15==>AB8 8E ?@>O2;5=8O 2 @07;8G=KE AB@0=0E; >?@545;8BL >A=>2=K5 MB0?K D>@<8@>20=8O 3;>10;L=>3> 8=D>@<0F8>==>3> >1I5AB20 8 ?@>0=0;878@>20BL A>45@60=85 ?>;8B8:8 254CI8E 3>AC40@AB2 2 MB>9 >1;0AB8 :0: =0 =0F8>=0;L=><, B0: 8 =0 <564C=0@>4=>< C@>2=5; ?>:070BL >1J5:B82=K5 8 AC1J5:B82=K5 ?@>1;5<K 8 B@C4=>AB8 =0 ?CB8 D>@<8@>20=8O 3;>10;L=>3> 8=D>@<0F8>==>3> >1I5AB20, 0 B0:65 45OB5;L=>ABL 3>AC40@AB2 ?> 8E @5H5=8N; ?@>0=0;878@>20BL M:>=><8G5A:85, ?@02>2K5 8 A>F8>:C;LBC@=K5 CA;>28O 8 ?@54?>AK;:8 8=B53@0F88 =0H59 AB@0=K 2 3;>10;L=>5 8=D>@<0F8>==>5 >1I5AB2>. "5>@5B8:>-<5B>4>;>38G5A:>9 >A=>2>9 @01>BK O2;O5BAO A8AB5<=K9 ?>4E>4 2 A>G5B0=88 A> A@02=8B5;L=>-AB@0=>2K< (:><?0@0B82=K<) <5B>4>< 8 0=0;87>< AB0B8AB8G5A:8E 40==KE, 0 B0:65 87CG5=85 >D8F80;L=KE 4>:C<5=B>2, E0@0:B5@87CNI8E ?>;8B8:C <564C=0@>4=>3> A>>1I5AB20, 254CI8E AB@0= <8@0 8 @>AA89A:>3> 3>AC40@AB20 2 A2O78 A D>@<8@>20=85< 3;>10;L=>3> 8=D>@<0F8>==>3> >1I5AB20. !CI5AB25==K< :><?>=5=B>< B5>@5B8G5A:>9 >A=>2K 8AA;54>20=8O O28;8AL B@C4K 8725AB=KE >B5G5AB25==KE 8 70@C156=KE ?>;8B>;>3>2, A>F8>;>3>2, A?5F80;8AB>2 ?> <564C=0@>4=K< >B=>H5=8O<, 2 :>B>@KE AD>@<C;8@>20=K F5=B@0;L=K5 ?>;>65=8O A>2@5<5==>9 A>F80;L=>9 =0C:8, 0 B0:65 =>2K5 7040G8, 2>7=8:0NI85 ?5@54 =59 2 M?>EC 3;>10;870F88 <8@>2>3> @0728B8O. 06=CN @>;L 2 B5>@5B8G5A:>< >A<KA;5=88 @0AA<0B@8205<KE 2 @01>B5 ?@>1;5< 83@0;> 87CG5=85 8AB>G=8:>2, 2 :>B>@KE 0=0;878@CNBAO 2>?@>AK, A2O70==K5 A >A>15==>ABO<8 B5E 8;8 8=KE <>45;59 8=D>@<0F8>==>3> >1I5AB20, :>=F5?BC0;L=K<8 >A=>20<8 53> A>740=8O 2 @07;8G=KE AB@0=0E, 2:;NG0O >AA8N, 8 ?>;>65=85< =0H59 AB@0=K 2 3;>10;L=>< 8=D>@<0F8>==>< ?@>AB@0=AB25. ;020 I , $ & )!": !#)!",, $#&,  1.1 0728B85 =>2KE 8=D>@<0F8>==>-:><<C=8:0F8>==KE B5E=>;>389 :0: 1070 AB0=>2;5=8O 8=D>@<0F8>==>3> >1I5AB20 !B@5<8B5;L=>5 @0728B85 8 @0A?@>AB@0=5=85 =>2KE 8=D>@<0F8>==>-:><<C=8:0F8>==KE B5E=>;>389 =5A5B A A>1>9 :0@48=0;L=K5 87<5=5=8O 2 8=D>@<0F8>==>9 AD5@5 =0 3;>10;L=>< C@>2=5. E @52>;NF8>==>5 2>7459AB285 :0A05BAO 3>AC40@AB25==KE AB@C:BC@ 8 8=AB8BCB>2 3@0640=A:>3> >1I5AB20, M:>=><8G5A:>9 8 A>F80;L=>9 AD5@, =0C:8 8 >1@07>20=8O, :C;LBC@K 8 >1@070 687=8 ;N459. 0: ?>4G5@:8205BAO 2 :8=02A:>9 %0@B88 3;>10;L=>3> 8=D>@<0F8>==>3> >1I5AB20, 8=D>@<0F8>==>-:><<C=8:0F8>==K5 B5E=>;>388 AB0=>2OBAO 206=K< AB8<C;>< @0728B8O <8@>2>9 M:>=><8:8. =8 O2;ONBAO >4=8< 87 =081>;55 7=0G8<KE D0:B>@>2, >15A?5G820NI8E DC=:F8>=8@>20=85 <8@>2KE @K=:>2 8=D>@<0F88 8 7=0=89, :0?8B0;0 8 B@C40.  CA;>28OE 3;>10;870F88 8 AB0=>2;5=8O =>2>3> <564C=0@>4=>3> 8=D>@<0F8>==>3> ?>@O4:0 A;>20 :B> 2;0455B 8=D>@<0F859 - 2;0455B <8@><, ?@>87=5A5==K5 ?>GB8 G5BK@5 AB>;5B8O =0704 8725AB=K< 0=3;89A:8< D8;>A>D>< $@5=A8A>< M:>=><, ?@8>1@5B0NB :0G5AB25==> =>2K9 A<KA;. !53>4=O <K O2;O5<AO =5 B>;L:> ?0AA82=K<8 A2845B5;O<8, => 8 70G0ABCN 0:B82=K<8 CG0AB=8:0<8 ?@>F5AA0 D>@<8@>20=8O 8 @0728B8O @K=:0 8=D>@<0F88 8 7=0=89 :0: D0:B>@>2 ?@>872>4AB20 2 4>?>;=5=85 : B@048F8>==K< @K=:0< ?@8@>4=KE @5AC@A>2. >6=> A ?>;=>9 C25@5==>ABLN 3>2>@8BL > B><, GB> 7=0=85 8 8=D>@<0F8O AB0=>2OBAO =0 A53>4=OH=89 45=L >4=8< 87 AB@0B538G5A:8E @5AC@A>2 3>AC40@AB20 8 >1I5AB20, @5AC@A>< A>F80;L=>-M:>=><8G5A:>3>, B5E=>;>38G5A:>3> 8 :C;LBC@=>3> @0728B8O. 0AHB01K 8A?>;L7>20=8O MB>3> @5AC@A0 AB0;8 A>?>AB028<K A 8A?>;L7>20=85< B@048F8>==KE @5AC@A>2, 0 25;8G8=0 AC<<0@=KE 70B@0B =0 =53> C65 8<55B <0:@>M:>=><8G5A:CN 7=0G8<>ABL. %%I 25: ?> ?@02C =07K20NB 25:>< 8=D>@<0F88, 8=D>@<0F8>==>9 @52>;NF88, >A=>2C :>B>@>9 A>AB02;O5B 15A?@5F545=B=>5 ?> A:>@>AB8 8 >1J5<C ?5@540G8 8=D>@<0F88 @0728B85 =>2KE B5E=>;>389. <5AB5 A B5< =5 AB>8B 701K20BL, GB> =01;N405<K9 8=D>@<0F8>==>-B5E=>;>38G5A:89 ?@>@K2 8<55B >1J5:B82=K5 ?@54?>AK;:8. =>3>25:>20O M2>;NF8O A@54AB2 <0AA>2>9 8=D>@<0F88 8 :><<C=8:0F88 A>45@68B =5<0;> ?>8AB8=5 M?>E0;L=KE A>1KB89, A@548 :>B>@KE: 87>1@5B5=85 B5;53@0D0 8 @>B0F8>==>9 B8?>3@0D8G5A:>9 <0H8=K (1847 3.), B5;5D>=0 (1870 3.), @048> (1895 3.), 15A?@>2>;>G=>3> B5;53@0D0 (1922 3.), B5;52845=8O (1930 3.).  1946 3>4C 2 !5=B-C8A5 (!() A>740=0 @048>B5;5D>==0O A8AB5<0, :>B>@CN ?@8=OB> AG8B0BL @>4>=0G0;L=8F59 <>18;L=>9 A2O78. <5==> >=8 ?>43>B>28;8 ?>G2C 4;O A;54CNI53> A5=A0F8>==>3> A>1KB8O: ?>O2;5=85 2 1986 3>4C =B5@=5B0. C:20;L=> 70 =5A:>;L:> ?>A;54=8E 45AOB8;5B89 A;>68;0AL A;54CNI0O :0@B8=0 =0;8G8O 2 <8@5 B@048F8>==KE A@54AB2 <0AA>2>9 8=D>@<0F88: B5;5287>@>2 A53>4=O - 2 <;@4. 548=8F, @048>?@85<=8:>2  1>;55 2 <;@4., 5654=52=KE 3075B - ?@8<5@=> 10 BKA. =0720=89, 5653>4=> 2K?CA:05BAO >:>;> 4 BKA. :8=>D8;L<>2, 0 AC<<0@=K9 B8@06 :=86=>9 ?@>4C:F88 A>AB02;O5B >:>;> 10 <;@4. M:7. !B@5<8B5;L=> @0728205BAO <564C=0@>4=>5 @048>25I0=85 8 B5;52845=85: >B:@KB85 ;8<?89A:8E 83@ 2 !84=55 A<>B@5;> >4=>2@5<5==> 2> 2A5< <8@5 3,6 <;@4. ;N459. 4=>9 87 206=59H8E B5=45=F89 A>2@5<5==>3> <8@0 AB0;0 3;>10;870F8O, =0;>682H0O A2>9 >B?5G0B>: 8 2 8=D>@<0F8>==>-:><<C=8:0F8>==>9 AD5@5. =D>@<0F8>==K5 ?>B>:8 2KE>4OB 70 @0<:8 =0F8>=0;L=KE 8 8=B53@8@CNBAO 2 <8@>2>5 8=D>@<0F8>==>5 ?@>AB@0=AB2>, G5<C 2 7=0G8B5;L=>9 AB5?5=8 A?>A>1AB2C5B A>25@H5=AB2>20=85 2 E>45 8=D>@<0F8>==>9 @52>;NF88 :><<C=8:0F8>==KE A8AB5< 8 A?>A>1>2 8A?>;L7>20=8O :>A<8G5A:>3> ?@>AB@0=AB20 4;O ?5@540G8 8=D>@<0F88. "0:, >A=>20==0O 2 1980 3>4C ". "5@=5@>< :><?0=8O CNN, 704C<0==0O :0: :@C3;>ACB>G=K9 :0=0; =>2>AB59 2 !>548=5==KE (B0B0E, ?@52@0B8;0AL A53>4=O 2 =5>BJ5<;5<CN G0ABL 8=D>@<0F8>==>3> ?@>AB@0=AB20 ?;0=5BK. A5<8@=CN 8725AB=>ABL CNN ?@8=5A;> 8A?>;L7>20=85, =0G8=0O A 1984 3>40, <>18;L=>9 A?CB=8:>2>9 B5E=>;>388, ?>72>;ONI59 :><?0=88 25AB8 ?@O<K5 B@0=A;OF88 =5?>A@54AB25==> A <5AB0 A>1KB89. 4=>2@5<5==> A MB8< @C:>2>4AB2> :><?0=88 2A5 1>;LH55 2=8<0=85 AB0;> C45;OBL @0AH8@5=8N ?> 2A5<C <8@C A5B8 :>@?C=:B>2. 5?>@B5@K CNN, :0: ?@028;>, >4=8<8 87 ?5@2KE >:07K20;8AL =0 ?5@54>2>9, 2 A0<>9 3CI5 A>1KB89. !53>4=O 4065 ?>O28;AO B0:>9 B5@<8= - 48?;><0B8O CNN. >A:>;L:C 48?;><0BK 2 <8=8AB5@AB20E 8=>AB@0==KE 45; 8 2 ?>A>;LAB20E >4=>2@5<5==> ?>;CG0NB 8=D>@<0F8N > ?@>8AE>4OI8E 2 <8@5 A>1KB8OE, ?>A;54=85 <>3CB A>A@54>B>G8BL A2>5 2=8<0=85 1>;LH5 =0 0=0;875 8 ?@>3=>78@>20=88 8E 40;L=59H53> @0728B8O.  G8A;C ?>8AB8=5 <8@>2KE 8=D>@<0F8>==KE 035=BAB2 ( 59B5@, $@0=A @5AA, AA>H8M9B54 @5AA, " -"!!) 2 A:>@>< 2@5<5=8 <>6=> 1C45B >B=5AB8 .=09B54 @5AA, , -$-, !, 8>4> &CA8=. #A?5H=0O @01>B0 745AL B0:65 2> 2A5 1>;LH59 <5@5 7028A8B >B 8A?>;L7>20=8O =>259H8E A@54AB2 :><<C=8:0F88. !>25@H5=AB2>20=85 :><?LNB5@=KE A5B59 8 A?CB=8:>2>9 A2O78 ?>72>;O5B 4>AB8GL 1>;55 2KA>:>3> C@>2=O >?5@0B82=>AB8, 0 7=0G8B, 8 :>=:C@5=B>A?>A>1=>AB8. 5A<>B@O =0 8<5NI85AO ?@>1;5<K 2 ?5G0B8 ?@>4>;60NB A>74020BLAO 3;>10;L=K5 3075BK, :>B>@KE ?>:0, ?@0240, =5 B0: <=>3>: Wall Street Journal, Financial Times, USA Today, International Herald Tribune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ua Internet Surveys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ikkei Market Access), 2 2002 3>4C A>AB028;> 386,4 <;=. 54., GB> =0 6,5 % 1>;LH5, G5< 2 ?@54K4CI5<. >18;L=K5 B5;5D>=K B0:65 =5@02=><5@=> @0A?@545;5=K ?> 2A5<C A25BC.  =081>;55 @0728B>9 G0AB8 G5;>25G5AB20, :>B>@0O ?>;CG8;0 =0720=85 7>;>B>9 <8;;80@4, ?>GB8 2A5 8<8 >15A?5G5=K, 2 B> 2@5<O :0: 2 <;@4. ;N459 =5 ?@8:0A0;8AL 4065 : ?@>ABK< B5;5D>==K< 0??0@0B0<.  ?>A;54=55 2@5<O 8=D>@<0F8>==>-:><<C=8:0F8>==K5 B5E=>;>388 ?5@56820NB ?@>F5AA CA:>@5==>3> @0728B8O. A;8 @0=LH5 >= ?@>B5:0; 2 =0?@02;5=88 G5B:> >?@545;5==>9 A?5F80;870F88 8 48DD5@5=F80F88, B> A53>4=O A8BC0F8O ?@8=F8?80;L=> 87<5=8;0AL: 3;02=K< CA;>285<, :>B>@><C B5E=>;>388 4>;6=K A>>B25BAB2>20BL, O2;O5BAO 2>7<>6=>ABL 8E C=825@A0;L=>3> 8A?>;L7>20=8O. -B> B@51>20=85, 2 G0AB=>AB8, =0H;> >B@065=85 2 @0728B88 <>18;L=>3> =B5@=5B0 :0: =>2>3> 2840 :><<C=8:0F88, A<0@BD>=>2, :><<C=8:0B>@>2 :0: A@54AB2 @01>BK 2 MB>9 A@545. >AB>9=K< ?>4B25@645=85< MB><C <>65B A;C68BL A<0@BD>= Palmi, A>740==K9 N6=>:>@59A:8<8 :><?0=8O<8 SK Telecom 8 PalmPalm Technology. = >@85=B8@>20= =0 ?>445@6:C 2KA>:>A:>@>AB=>3> <=>3>DC=:F8>=0;L=>3> A5@28A0 IMT-2000, ?>445@68205<>3> SK Telecom 2 A5BOE A>B>2>9 A2O78, ?5@540G0 40==KE =0 2=5H=85 CAB@>9AB20 >ACI5AB2;O5BAO ?> ?@>B>:>;C Bluetooth. !<0@BD>= 8<55B 2>7<>6=>ABL @01>B0BL A <C;LB8<5480-40==K<8: 0=8<8@>20==K<8 87>1@065=8O<8, MP3-D09;0<8, 2845>; ?>72>;O5B 83@0BL 2 :><?LNB5@=K5 83@K :0: 2 ;>:0;L=>9 A5B8, B0: 8 2 =B5@=5B5. ??0@0B=0O G0ABL 1078@C5BAO =0 ?@>F5AA>@5 A B0:B>2>9 G0AB>B>9 206 F, 4-4N9<>2>< F25B=>< 48A?;55, 2:;NG05B 2845>:0<5@C 8 3>;>A>2>9 :>45:, 0 ?@>3@0<<=>5 >15A?5G5=85 ?><8<> ?@>83@K20B5;O MP3 8 web-1@0C75@0 Opera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fK Group, ?>GB8 60 <;=. 52@>?59F52 A>25@H8;8 >=;09=>2K5 ?>:C?:8 2 ?5@8>4 A =>O1@O 2001 ?> 0?@5;L 2002 3>40. :>;> 58,5 <;=. ?>:C?0B5;59 - 68B5;8 5;8:>1@8B0=88, 5@<0=88, $@0=F88, 5;L388, 845@;0=4>2 8 A?0=88. > >F5=:0< :><?0=88 eMarketer, 4>E>4K >B M;5:B@>==>9 :><<5@F88 B>;L:> 2 2@>?5 : 2004 3>4C A>AB02OB >:>;> 180 <;@4. 4>;;0@>2. 1I89 >1J5< >=;09=>2KE ?@>406 2 5;8:>1@8B0=88 C65 2 <05 2002 3>40 A>AB028; 776 <;=. 4>;;. -B>B ?>:070B5;L 2KH5 0?@5;LA:>3> =0 10%, :>340 ?>4>1=K9 >1J5< ?@>406 >F5=820;AO 2 674 <;=. 4>;;.  F5;>< 2 ?5@8>4 A <0O 2001 3>40 ?> <09 2002 3>40 @>AB >1J5<0 >=;09=>2KE ?@>406 2 AB@0=5 A>AB028; 92,2 %. !2O70=> MB> :0: A 708=B5@5A>20==>ABLN =0A5;5=8O, B0: 8 A 8=B5@5A0<8 B>@3CNI8E >@30=870F89. ! >4=>9 AB>@>=K, B@048F8>==K9 A?8A>: CA;C3 4;O =0A5;5=8O @53C;O@=> ?>?>;=O5BAO =>2K<8 M;5:B@>==K<8 2840<8 D8=0=A>2KE 8 @072;5:0B5;L=KE CA;C3: =B5@=5B-<03078=, M;5:B@>==K9 0C:F8>=, @07;8G=K5 >?5@0F88 A =542868<>ABLN ?@8 ?><>I8 =B5@=5B0, 10=:>2A:85 >?5@0F88 8 C?@02;5=85 ?5@A>=0;L=K<8 D8=0=A0<8, 8=B5@0:B82=>5 B5;52845=85, 2845>/<C7K:0-?> B@51>20=8N, 2845>83@K 8 <=>3>5 4@C3>5. KA>:89 A?@>A =0 MB8 CA;C38 >15A?5G8205BAO =0;8G85< 1>;55 1KAB@>3> 8 >B=>A8B5;L=> ?@>AB>3> 4>ABC?0 : =8<, 0 B0:65 4>ABC?=>9 AB>8<>ABLN. > 40==K< :><?0=88 comScore, 2> 2B>@>< :20@B0;5 2002 3>40 @0AE>4K ?>B@518B5;59 =0 >=;09=>2K5 ?>:C?:8 2 !( 2K@>A;8 =0 41% ?> A@02=5=8N A 0=0;>38G=K< ?5@8>4>< ?@>H;>3> 3>40 8 4>AB83;8 17,5 <;@4. 4>;;. =;09=>2K5 @0AE>4K =0 ?CB5H5AB28O 2K@>A;8 =0 46%, A>AB0282 7,8 <;@4. 4>;;. 1J5<K ?@>406 4@C38E 3@C?? B>20@>2 8 CA;C3 2K@>A;8 =0 28% 8 4>AB83;8 9,7 <;@4. 4>;;. !@548 3@C?? B>20@>2, =5 A2O70==KE A ?CB5H5AB28O<8, =081>;55 2KA>:89 B5<? 45@60B ?@>4068 :><?LNB5@=>3> >1>@C4>20=8O - 2,3 <;@4. 4>;;. 0 2B>@>5 <5AB> 2 <8@5 ?> >B=>A8B5;L=>9 25;8G8=5 ?>:C?0NI8E 2 !5B8 ?>4=O;0AL .6=0O >@5O: >:>;> 30 % :>@59A:8E =B5@=5B-?>;L7>20B5;59 ?>:C?0;8 B>20@K 8 ?>;L7>20;8AL CA;C30<8 ?>4>1=K< >1@07>< 2 ?5@2>< :20@B0;5 MB>3> 3>40. 081>;55 ?>?C;O@=K A@548 :>@59A:8E ?>;L7>20B5;59 =B5@=5B0 1K;8 >45640, <515;L, :>A<5B8:0. "@5BL5 <5AB> ?>A;5 !( 8 .6=>9 >@58 ?> :>;8G5AB2C >=;09=>2KE ?>:C?0B5;59 70=8<05B A53>4=O 5@<0=8O, 345 =081>;55 ?>?C;O@=K<8 :0B53>@8O<8 B>20@>2 AB0;8 :=838 - 33%, CD - 24%, >45640 - 21%, M;5:B@>=8:0 - 19%, :8=>- 8 B50B@0;L=K5 18;5BK - 14%. ! 4@C3>9 AB>@>=K, 8A?>;L7>20=85 =B5@=5B-B5E=>;>389 =5A5B 2 A515 @0AH8@5=85 2>7<>6=>AB59 8 ?>2KH5=85 :0G5AB20 :>>@48=0F88 ?@54?@8=8<0B5;LA:>9 45OB5;L=>AB8, ?>72>;OO ?@8 <8=8<0;L=KE D8=0=A>2KE 70B@0B0E 8 >BACBAB288 8=D@0AB@C:BC@=KE 10@L5@>2 <0:A8<0;L=> C25;8G8BL A5BL A1KB0 ?@>4C:F88. !53>4=O :><?0=88 >1;040NB 2>7<>6=>ABLN ?@>2>48BL 2845>:>=D5@5=F88 8 28@BC0;L=K5 ?@575=B0F88, >15A?5G820NI85 =081>;LH89 >E20B 0C48B>@88; A>74020BL =0 WWW A2>8  28B@8=K , 345 ?>B5=F80;L=K5 ?>:C?0B5;8 <>3CB =5 B>;L:> ?>;CG8BL ?>;=CN 8=D>@<0F8N > :><?0=88, ?@54>AB02;O5<KE 5N CA;C30E 8 ?@>4C:F88, => 8 2KA:070BL ?> MB><C ?>2>4C A2>5 <=5=85. -B>, 2 A2>N >G5@54L, ?>72>;O5B :><?0=8O< =0;06820BL >1@0B=CN A2O7L A :;85=B0<8, 2KO28BL =081>;55 ?>?C;O@=K5 CA;C38 8 B>20@K 8 2 A>>B25BAB288 A MB8< :>>@48=8@>20BL A2>N 45OB5;L=>ABL. , =0:>=5F, ?@85<;5<K5 70B@0BK =0 ?>4:;NG5=85 : A5B8 =B5@=5B ?@0:B8G5A:8 87 ;N1>9 B>G:8 A45;0;8 2>7<>6=K< C<5=LH5=85 >3@0=8G820NI8E 35>3@0D8G5A:8E D0:B>@>2 A>2<5AB=>9 ?@54?@8=8<0B5;LA:>9 45OB5;L=>AB8, GB> ?>72>;8;>, 2 ?5@2CN >G5@54L, :@C?=K< <564C=0@>4=K< :>@?>@0F8O< M:>=><8BL ACI5AB25==K5 A@54AB20 =0 ?5@5<5I5=88 A>B@C4=8:>2 <564C >D8A0<8. 0;8G85 65 @07;8G=KE M;5:B@>==KE ?;0B56=KE A8AB5< ?@54>AB028;> 2>7<>6=>ABL 2K83@K20BL =0, ?>60;C9, A0<>< 3;02=>< 2 187=5A5 - 2@5<5=8. !53>4=O ?@0:B8G5A:8 2A5 :@C?=59H85 10=:8 8<5NB A2>8 Web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ahlen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omo sapiens, => 8 >1J5:B>< F5;5=0?@02;5==KE CA8;89 ?> 53> A>25@H5=AB2>20=8N. 4=>9 87 ?@8=F8?80;L=> 206=KE E0@0:B5@8AB8: @C1560 1980/90-E 3>4>2 O2;O5BAO B>, GB>, =0G8=0O A ?5@2>9 ?>;>28=K 90-E 3>4>2, 1>;LH8=AB2> 0<5@8:0=A:8E 8 52@>?59A:8E 8AA;54>20B5;59 8 A?5F80;8AB>2 2 MB>9 >1;0AB8 AB0;8 0:F5=B8@>20BL 2=8<0=85 =0 @>;8 8 7=0G5=88 =5 AB>;L:> A0<>9 8=D>@<0F88 2 @07;8G=KE AD5@0E 687=8, A:>;L:> 7=0=89 8 15A?@5F545=B=>3> CA:>@5=8O 8E ?@8@>AB0. A;8 2 70-5 3>4K <8=C2H53> 25:0 >1J5< AC<<0@=KE 7=0=89 G5;>25G5AB20 C25;8G820;AO 242>5 @07 2 10 ;5B, 2 80-5 3>4K  @07 2 5 ;5B, B> : :>=FC 90-E 3>4>2 >= C420820;AO ?@0:B8G5A:8 :064K9 3>4. >4>1=>5 ?>;>65=85 45; ?>@>48;> F5;K9 @O4 =>2KE >?@545;5=89 2KA>:>8=4CAB@80;L=>3> >1I5AB20, A@548 :>B>@KE B0:85, :0: Knowledge Society, Knowledgeable Society 8 B.?. 1>1I0O ACI5AB2CNI85 ?>4E>4K : B@0:B>2:5 ?>=OB8O  3;>10;L=>5 8=D>@<0F8>==>5 >1I5AB2> , <>6=> A:070BL, GB> 2 =0AB>OI55 2@5<O ?>4 B0:>2K< ?>=8<05BAO: >1I5AB2> =>2>3> B8?0, D>@<8@CNI55AO 2 @57C;LB0B5 =>2>9 3;>10;L=>9 A>F80;L=>9 @52>;NF88, >A=>2>9 :>B>@>9 O2;O5BAO 27@K2=>5 @0728B85 8 :>=25@35=F8O 8=D>@<0F8>==KE 8 B5;5:><<C=8:0F8>==KE B5E=>;>389; >1I5AB2> 7=0=8O, 2 :>B>@>< 3;02=K< CA;>285< 1;03>?>;CG8O :064>3> G5;>25:0 8 :064>3> 3>AC40@AB20 AB0=>28BAO 7=0=85, ?>;CG5==>5 1;03>40@O 15A?@5?OBAB25==><C 4>ABC?C : 8=D>@<0F88 8 C<5=8N A =59 @01>B0BL; 3;>10;L=>5 >1I5AB2>, 2 :>B>@>< >1<5= 8=D>@<0F859 =5 1C45B 8<5BL =8 2@5<5==KE, =8 ?@>AB@0=AB25==KE, =8 ?>;8B8G5A:8E 3@0=8F; 345 A ?><>ILN =0CG=>9 >1@01>B:8 40==KE 8 ?>445@6:8 7=0=8O 1C4CB ?@8=8<0BLAO 1>;55 ?@>4C<0==K5 8 >1>A=>20==K5 @5H5=8O A F5;LN C;CGH5=8O :0G5AB20 687=8 2> 2A5E 55 0A?5:B0E; >1I5AB2>, :>B>@>5, A >4=>9 AB>@>=K, A?>A>1AB2C5B 2708<>?@>=8:=>25=8N :C;LBC@, 0 A 4@C3>9, >B:@K205B :064><C A>>1I5AB2C =>2K5 2>7<>6=>AB8 4;O A0<>@50;870F88. 1.3 >45;8 @0728B8O 8=D>@<0F8>==>3> >1I5AB20 > <=>38E AB@0=0E <8@0 2 =0AB>OI55 2@5<O 845B ?@>F5AA ?5@5E>40 : =>2>9 A>F80;L=>-M:>=><8G5A:>9 D>@<0F88, 3;>10;L=><C 8=D>@<0F8>==><C >1I5AB2C, :>B>@>5 1C45B ?@54AB02;OBL A>1>9 A>2>:C?=>ABL =0F8>=0;L=KE 8=D>@<0F8>==KE 8=D@0AB@C:BC@. @5645 G5< =5?>A@54AB25==> ?5@59B8 : @0AA<>B@5=8N MB0?>2 40==>3> ?@>F5AA0, :>=F5?F89 8 ?@>3@0<< MB8E AB@0=, =0?@02;5==KE =0 CA:>@5=85 @0728B8O 8E 8=D>@<0F8>==KE 8=D@0AB@C:BC@ 8 8=B53@0F88 2 <8@>2>5 8=D>@<0F8>==>5 ?@>AB@0=AB2>, A;54C5B >1>7=0G8BL >A=>2=K5 <>45;8 8=D>@<0B870F88, =0 D>=5 :>B>@KE 1>;55 70<5B=K<8 1C4CB 8 AB@0=>2K5 >B;8G8O. 0: ?@028;>, :@8B5@8O<8 4;O MB>3> A;C60B <0:@>M:>=><8G5A:0O ?>;8B8:0 8 :>=F5?F8O 3>AC40@AB20 2 :>=B5:AB5 D>@<8@>20=8O 8=D>@<0F8>==>3> >1I5AB20, A?5F8D8:0 53> 70:>=>40B5;L=>9 A8AB5<K, >A>15==>AB8 =0F8>=0;L=>9 :C;LBC@K 8 <5=B0;8B5B0. #A;>2=> 2K45;ONB 425 >A=>2=K5 <>45;8 @0728B8O 8=D>@<0F8>==>3> >1I5AB20: 70?04=CN 8 2>AB>G=CN. @8G5< 2 @0<:0E 70?04=>9 <>45;8 A;54C5B >B45;8BL ?CBL, 2K1@0==K9 2@>?>9, >B 0<5@8:0=A:>3> ?CB8, 0 2 @0<:0E 2>AB>G=>9 >A>1>5 <5AB> 2 MB>< ?;0=5 70=8<05B 8B09 ( ). A=>2=>9 G5@B>9 <0:@>M:>=><8G5A:>9 ?>;8B8:8 AB@0= 2@>?59A:>3> A>N70 A;C68B ?>8A: >?@545;5==>3> 10;0=A0 <564C ?>;=K< :>=B@>;5< A> AB>@>=K 3>AC40@AB20 8 70:>=0<8 @K=:0, 4@C38<8 A;>20<8, A>G5B0=85 ?@028B5;LAB25==KE 8 @K=>G=KE A8; A CG5B>< B>3>, GB> @>;L :064>9 87 =8E <>65B <5=OBLAO 2 7028A8<>AB8 >B A;>682H59AO A8BC0F88. -B>B ?>4E>4 : @>;8 3>AC40@AB20 2 @0728B88 8=D>@<0F8>==>3> >1I5AB20 1K; 2K@065= 2 @57>;NF88 ! 1993 3>40, 345 >B<5G0;0AL =5>1E>48<>ABL 4>AB865=8O 10;0=A0 <564C @K=>G=>9 8 A>F80;L=>9 >@85=B0F8O<8. !2>5 >B@065=85 >= =0H5; 2 >BG5B5 40BA:>3> ?@028B5;LAB20  =D>@<0F8>==>5 >1I5AB2> 2000 , 345 ?>4G5@:8205BAO, GB>  @K=:C =5;L7O ?>72>;8BL 27OBL :>=B@>;L =04 AB@0B53859 @07@01>B:8 8=D><038AB@0;59, >4=0:>, MB0 AB@0B538O 4>;6=0 CG8BK20BL 2>7<>6=>AB8 @K=>G=KE A8; .  B> 65 2@5<O ! ?@>4>;605B C45;OBL A53>4=O 1>;LH>5 2=8<0=85 2>?@>A0< ?@820B870F88 8 ;815@0;870F88 @K=:0 8=D>@<0F8>==>-:><<C=8:0F8>==KE B5E=>;>389. ;O 1>;LH8=AB20 52@>?59A:8E AB@0= ?@>1;5<0 ?@820B870F88 C65 @5H5=0, 48A:CAA88 2 =0AB>OI89 <><5=B 84CB > ?>;8B8:5 ;815@0;870F88 B5;5:><<C=8:0F89, :>B>@0O 4> A8E ?>@ >AB05BAO >4=8< 87 >AB@KE 2>?@>A>2, >1AC6405<KE =0 <564C=0@>4=>< C@>2=5. 848@CNI85 ?>78F88 2 ?@>F5AA5 ;815@0;870F88 70=8<0NB 5;8:>1@8B0=8O, (25F8O, $8=;O=48O, 845@;0=4K. "0:, 5;8:>1@8B0=8O =0G0;0 A2>N =0F8>=0;L=CN ?>;8B8:C ;815@0;870F88 5I5 2 A5@548=5 1980-E 3>4>2, ;815@0;870F8O B5;5:><<C=8:0F8>==>3> A5:B>@0 2 A:0=48=02A:8E AB@0=0E 15@5B A2>5 =0G0;> =0 @C1565 1980-1990-E 33. =0G8B5;L=K9 8<?C;LA MB><C ?@>F5AAC ?@840;> ?>4?8A0=85 2 D52@0;5 1997 3>40 69 AB@0=0<8, ?@54AB02;ONI8<8 90 % <8@>2>3> @K=:0 B5;5:><<C=8:0F8>==KE CA;C3, 4>3>2>@0 > 53> ;815@0;870F88. @C3>9, =5 <5=55 0:BC0;L=>9 ?@>1;5<>9, O2;O5BAO 2>?@>A, GB> A;54C5B @072820BL A=0G0;0: A5B8 8;8 CA;C38.  F5;>< 2 2@>?5 ?@520;8@C5B <=5=85, GB> 2 ?5@2CN >G5@54L =5>1E>48<> @072820BL AD5@C CA;C3.  G8A;C AB@0=, 8<5NI8E ?@>B82>?>;>6=K9 273;O4 =0 MBC ?@>1;5<C, >B=>AOBAO 5;8:>1@8B0=8O 8 $@0=F8O.  8E ?;0=0E @0728B8O 8=D>@<0F8>==>3> >1I5AB20 C:07K205BAO, GB> 8<5==> AB@>8B5;LAB2> A5B59 O2;O5BAO 4286CI8< D0:B>@>< @0728B8O AD5@K CA;C3. <5AB5 A B5< A;54C5B >B<5B8BL, GB> ?@0:B8G5A:8 2A5<8 ?@>3@0<<0<8 AB028BAO F5;LN @0728B85  C=825@A0;L=>3> >1A;C6820=8O . @8G8=>9 MB><C A;C68B A5@L57=0O >701>G5==>ABL AB@0= 2@>A>N70, A2O70==0O A >1>AB@5=85< ?@>1;5<K =5@025=AB20 2 8=D>@<0F8>==>< >1I5AB25, :>340 1>;LH0O G0ABL =0A5;5=8O <>65B ?@>AB> >:070BLAO 70 53> 1>@B><. 0;5:> =5 ?>A;54=NN @>;L 2 @07@01>B:5 <>45;8 @0728B8O 8=D>@<0F8>==>3> >1I5AB20 8 55 ?>A;54CNI59 @50;870F88 83@0NB =0F8>=0;L=K5 :C;LBC@=K5 >A>15==>AB8. 0G0ABCN 8<5==> >=8 2> <=>3>< >?@545;ONB A?@>A 2 AB@0=5 =0 B5 8;8 8=K5 8=D>@<0F8>==K5 B5E=>;>388.  @57C;LB0B5 :0640O AB@0=0 E0@0:B5@87C5BAO A2>8<8 >A>15==>ABO<8 8A?>;L7>20=8O =B5@=5B0 8 M;5:B@>==>9 ?>GBK, A2>8<8 0C48B>@8O<8 4;O @07;8G=KE 284>2 8=D>@<0F8>==>-B5;5:><<C=8:0F8>==KE B5E=>;>389.  ?@8<5@C, =0 A53>4=OH=89 45=L >G5284=>, GB> >B?@02:0 e-mail A B5;5D>=0 2 2@>?5 =5 ?@868;0AL.  >B;8G85, A:065<, >B /?>=88, 345 C ?@54>AB02;O5<>3> :><?0=859 NTT DoCoMo A5@28A0 I-mode C65 =0AG8BK205BAO ?>GB8 22,7 <;=. ?>;L7>20B5;59, 87 :>B>@KE 1>;LH8=AB2> 8A?>;L7C5B 53> 8<5==> 4;O <>18;L=>9 M;5:B@>==>9 ?>GBK.  F5;>< A;54C5B >B<5B8BL B>B D0:B, GB> 52@>?59A:85 B5;5/@048>?@>3@0<<K, 0 B0:65 2845>@K=>: =0E>4OBAO A53>4=O ?>4 1>;LH8< 0<5@8:0=A:8< 2;8O=85<. <5@8:0=A:89 ?CBL D>@<8@>20=8O 8=D>@<0F8>==>3> >1I5AB20 >?@545;O5BAO >1I59 <>45;LN A>F80;L=>-M:>=><8G5A:>3> @0728B8O, 2 :>B>@>9 DC=:F88 3>AC40@AB20 A2>4OBAO : <8=8<C<C, 0 45OB5;L=>ABL G0AB=KE ;8F - : <0:A8<C<C. ;02=>5 2 MB>< ?>4E>45 - >AB028BL 2A5 2 @C:0E G0AB=>3> A5:B>@0 8 A8; @K=:0, ?>;=0O ;815@0;870F8O @K=:0 8=D>@<0F8>==>-B5;5:><<C=8:0F8>==KE B5E=>;>389. >;LH>5 2=8<0=85 ?@8 MB>< C45;O5BAO @0728B8N 8=D>@<0F8>==KE AC?5@<038AB@0;59, 8E A>F80;L=>9 >@85=B0F88, 0 B0:65 ?@>1;5<5 C=825@A0;L=>3> >1A;C6820=8O. <5==> 5<C >B2>48BAO @>;L ?@>B82>25A0 2 B>< A;CG05, :>340 ?>;8B8:0 ;815@0;870F88 =0?@02;5=0 3;02=K< >1@07>< =0 C;CGH5=85 :0G5AB20 CA;C3 8 A=865=85 8E F5=K 4;O 45;>2KE :@C3>2, 0 =5 4;O =0A5;5=8O 2 F5;><. !( A>;840@=K A 5;8:>1@8B0=859 2 B><, GB> 2 ?5@2CN >G5@54L =5>1E>48<> ?>AB@>8BL 8=D>@<0F8>==K5 A5B8, =0 >A=>25 :>B>@KE 2?>A;54AB288 @072820BL AD5@C CA;C3.  2>B 2 >1;0AB8 :C;LBC@=>3> 2;8O=8O =0 ?@>F5AA 8=D>@<0B870F88 ?>4E>4K MB8E AB@0= @0AE>4OBAO.  !( >A=>2=>9 C?>@ 45;05BAO =0 40;L=59H55 @0728B85 A ?><>ILN =>2KE 8=D>@<0F8>==KE B5E=>;>389 4><0H=8E @072;5G5=89, 2 5;8:>1@8B0=88 65 A?@>A =0 ?>4>1=CN ?@>4C:F8N =5 O2;O5BAO >?@545;ONI8<. @54AB028B5;8 2>AB>G=>9 <>45;8 @0728B8O 8=D>@<0F8>==>3> >1I5AB20 AB@5<OBAO @07@01>B0BL 0;LB5@=0B82=K9 70?04=><C ?>4E>4, :>B>@K9 1078@C5BAO ?@5645 2A53> =0 CB25@645=88 A>1AB25==KE F5==>AB=KE >@85=B0F89 2 >B=>H5=88 8=4CAB@80;870F88, 8=D>@<0B870F88 8 A>F80;L=>3> @0728B8O.  53> >A=>25 ;560B A>B@C4=8G5AB2> 3>AC40@AB20 8 @K=:0, ?>?KB:0 CAB0=>28BL A2O7L <564C :C;LBC@=K<8 F5==>ABO<8, A2>9AB25==K<8 :>=DCF80=AB2C, 8 ?@>8AE>4OI8<8 A>F80;L=K<8 87<5=5=8O<8. $8;>A>DA:85 ?>ABC;0BK A>ACI5AB2>20=8O 8 A>?@>F25B0=8O, 0 B0:65 A>459AB285 3>AC40@AB20 2 @50;870F88 MB8E ?@8=F8?>2 =0 C@>2=5 >B45;L=>9 >@30=870F88 O2;O5BAO, ?> <=5=8N 0780BA:8E ?>;8B8:>2, 70;>3>< CA?5E0.  @0<:0E 2>AB>G=>9 <>45;8 2K45;ONBAO /?>=8O,  0780BA:85 B83@K , >?@545;5==K5 A42838 =0<5B8;8AL 2 8B05, =488. >=OB85 O?>=A:>5 M:>=><8G5A:>5 GC4> AB0;> E@5AB><0B89=K<. #A?5E8 AB@0=K 2 @0728B88 8=D>@<0F8>==>3> >1I5AB20 2 F5;>< A>?>AB028<K A53>4=O A CA?5E0<8 2 MB>9 >1;0AB8 !(. 4=8< 87 206=59H8E D0:B>@>2 8E 4>AB865=8O >AB0NBAO 7=0G8B5;L=K5 @0AE>4K =0 =0CG=K5 8AA;54>20=8O 8 @07@01>B:8, 2KA>:89 ?@8>@8B5B 8=D>@<0F8>==>-:><<C=8:0F8>==KE B5E=>;>389 2 @5H5=88 ?@>1;5< A>F80;L=>-M:>=><8G5A:>3> @0728B8O AB@0=K.  =0G8=0;>AL 2A5 A E0>A0, 2 :>B>@K9 O?>=A:0O M:>=><8:0 >:070;0AL ?>25@65=0 ?>A;5 B>@>9 <8@>2>9 2>9=K: 2K?CA: ?@><KH;5==>9 ?@>4C:F88 =0 =0G0;> 1946 3>40 =5 4>AB830; 15% >B 4>2>5==>3> C@>2=O, 2KA>:89 C@>25=L 157@01>B8FK (10 <;=. G5;>25:), @57:>5 ?045=85 @50;L=>9 70@01>B=>9 ?;0BK (>=0 A>AB02;O;0 =0 :>=5F 1945 3. ;8HL 13% >B 4>2>5==>9), @0728B85 G5@=>3> @K=:0, 38?5@8=D;OF8O. >A;5 :0?8BC;OF88 /?>=88 0<5@8:0=A:85 >::C?0F8>==K5 2;0AB8 2> 3;025 A 35=5@0;>< . 0:0@BC@>< ?@>25;8 2 AB@0=5 @O4 @5D>@<. ! F5;LN 45<8;8B0@870F88 8 45<>:@0B870F88 =>20O :>=AB8BCF8O 70?@5I0;0 ACI5AB2>20=85 0@<88. K;8 @0A?CI5=K 470910FC 8 ?@8=OB> 0=B8<>=>?>;L=>5 70:>=>40B5;LAB2>; 22545=> B@C4>2>5 70:>=>40B5;LAB2>, ?@54CA<0B@8202H55 8-G0A>2>9 @01>G89 45=L, AB@0E>20=85 ?> 157@01>B8F5 8 ?@8 =5AG0AB=KE A;CG0OE; ?>>I@O;8AL A>740=85 ?@>DA>N7>2, >E20B82H8E 4> 60% @01>G59 A8;K /?>=88 (A@02=8B5;L=> A 30% 2 A@54=5< ?> 70?04=K< AB@0=0<) 8 A8AB5<0 ?>687=5==>3> =09<0. >A;54=OO =0:;04K20;0AL =0 O?>=A:CN B@048F8N ?0B5@=0;87<0 8 ;>O;L=>AB8 D8@<5 8 ;53;0 2 >A=>2C A2>5>1@07=>9 A8AB5<K >B=>H5=89 <564C B@C4>< 8 :0?8B0;>< =0 O?>=A:8E ?@54?@8OB8OE, 2:;NG82HCN B0:65 ?@0:B8:C :@C6:>2 :>=B@>;O :0G5AB20, 845N :>B>@KE ?@54;>68; 0<5@8:0=A:89 A?5F80;8AB ?> C?@02;5=8N ?5@A>=0;>< -. 5<8=3.  AB@0=5 1K;0 B0:65 ?@>2545=0 03@0@=0O @5D>@<0: 3>AC40@AB2> 2 CA;>28OE 38?5@8=D;OF88 2K:C?0;> C :@C?=KE 75<;52;045;LF52 8E 8<5=8O A ?>A;54CNI59 ?@>40659 2 A>1AB25==>ABL 0@5=40B>@0<, 2 @57C;LB0B5 G53> : 1955 3>4C >:>;> 70% >1@010BK205<>9 75<;8 ?5@5H;> 2 A>1AB25==>ABL B5E, :B> 55 >1@010BK205B - D5@<5@>2. $8=0=A>20O AB018;870F8O, >ACI5AB2;5==0O 0<5@8:0=A:8< M<8AA0@>< 6. >465< 2 1949-1950 3>4K, 2K@>2=O;0 F5=K A <8@>2K<8 8 ?>72>;8;0 >B<5=8BL =>@<8@>20=85 ?@>4C:B>2.  1955 3>4C /?>=8O 2ABC?8;0 2 $ 8 "".  1949 3>4C 1K;> A>740=> 8=8AB5@AB2> 2=CB@5==59 B>@3>2;8 8 ?@><KH;5==>AB8 ("), :>B>@>5 AB0;> ?@>2>48BL F5;5=0?@02;5==CN ?>;8B8:C AB@C:BC@=>9 ?5@5AB@>9:8 2 F5;OE M:>=><8G5A:>3> @>AB0, 8 C65 =0G8=0O A MB>3> 2@5<5=8, >4=8< 87 ?@8>@8B5B=KE =0?@02;5=89 2 ?@>3@0<<0E 8=8AB5@AB20 AB0=>28BAO @0728B85 M;5:B@>B5E=8G5A:>9 8 M;5:B@>==>9 >B@0A;8, A>7405BAO ><8B5B ?> :><?LNB5@=K< 8AA;54>20=8O<. 0G8=0O A 1964 3>40, " =0G0;> M=5@38G=> AB8<C;8@>20BL ?@>872>4AB2> :><?LNB5@>2 2 AB@0=5, A>7402 #?@02;5=85 @0728B8O 8=D>@<0F8>==>9 B5E=>;>388, ?@54>AB02;O2H55 709<K 4;O >1@07>20=8O :><?0=89, @07@010BK202H8E ?@>3@0<<=>5 >15A?5G5=85.  8B>35 : 1970 3>4C, ?>A;54>20B5;L=> >1>94O B0;8N, =3;8N, $@0=F8N 8 $ , /?>=8O 2KH;0 =0 2B>@>5 ?>A;5 !( <5AB> 2 :0?8B0;8AB8G5A:>< <8@5 ?> >1J5<C . !B@0=0 AB0=>28BAO <8@>2K< ;845@>< 2 ?@>872>4AB25 B5;5287>@>2, @048>?@85<=8:>2 8 B.?. =0:>< ?@87=0=8O O?>=A:>3> "M:>=><8G5A:>3> GC40" AB0;> 871@0=85 A0:8 <5AB>< A5<8@=>9 2KAB02:8 1970 3>40. !B@0B538G5A:8<8 F5;O<8 AB@0=K 2 AD5@5 8=D>@<0B870F88 AB0;8: ?>AB@>5=85 =081>;LH53> G8A;0 2708<>A2O70==KE 8 A>2<5AB8<KE B5;5:><<C=8:0F8>==KE A5B59, @07@01>B:0 8=D>@<0F8>==KE CAB@>9AB2 8 B5E=>;>389, @0728B85 ?@>3@0<<=>3> >15A?5G5=8O 8 8=D>@<0F8>==KE CA;C3, ?>43>B>2:0 :20;8D8F8@>20==KE :04@>2 4;O @01>BK 2 8=D>@<0F8>==>9 AD5@5. @>2>73;0H5=85 8 ?>A;54CNI0O @50;870F8O MB8E F5;59 ?>A;C68;8 >3@><=K< AB8<C;>< 4;O 1C@=>3> @0728B8O 8=D>@<0F8>==>->@85=B8@>20==>9 45OB5;L=>AB8 2 /?>=88. !;54CO ?@8<5@C @0728BKE AB@0= 0?04=>9 2@>?K 8 !(, AB@0=0 A<>3;0 4>18BLAO 1;5ABOI8E @57C;LB0B>2 2 040?B0F88 8<?>@B=KE B5E=>;>389, 8 A53>4=O 55 3;02=K< ?@8>@8B5B>< AB0=>28BAO A>1AB25==>5 ?@>872>4AB2> =>2>3> 7=0=8O, B5E=>;>389 8 =>2KE ?@>4C:B>2. :B82=> @0728205BAO =B5@=5B (=0 0?@5;L 2002 3. G8A;> ?>;L7>20B5;59, ?> 40==K<  HYPERLINK "http://www.netratings.co.jp/US/monthly_Usage.htm" NetRatings Japan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eta Group, C25@5==> 45@60B ?0;L<C ?5@25=AB20 ?> ?@>4C:B82=>AB8 8 ?@8=>A8<>9 8<8 :><?0=8O< ?@81K;8.  1C4CI5< ?@028B5;LAB2> =0<5@5=> ?@52@0B8BL AB@0=C 8 2 :@C?=>3> M:A?>@B5@0 B5;5:><<C=8:0F8>==>3> >1>@C4>20=8O. !;54C5B >B<5B8BL, GB> C65 2 1996 3>4C 100 87 500 :@C?=59H8E 0<5@8:0=A:8E D8@< ?@8>1@5B0;8 ?@>3@0<<=>5 >15A?5G5=85 2 =488. <5AB5 A B5< =48O >AB05BAO >4=>9 87 154=59H8E AB@0= <8@0. >GB8 B@5BL =0A5;5=8O 8<55B 4>E>4 =865 ?@>68B>G=>3> <8=8<C<0, :064K9 2B>@>9 @515=>: =54>5405B, 40% 45B59 =53@0<>B=K.  AB@0=5 <5=55 1 B5;5D>=0 =0 100 68B5;59, 86 % 45@525=L 2>>1I5 =5 B5;5D>=878@>20=K. !CI5AB2CNI85 =0 M;5:B@>==>< @K=:5 ?@54;>65=8O <0;> ?>4E>4OB 4;O @5H5=8O B0:8E A25@E<0AHB01=KE 7040G. A5 MB8 20@80=BK 8 70?@545;L=> 4>@>38, 8 G@57<5@=> A;>6=K 4;O <0AA>2>3> 8=489A:>3> ?>;L7>20B5;O.  @57C;LB0B5, ?> >F5=:0< >B@0A;52>3> >1J548=5=8O NASSCOM, =0 2AN AB@0=C 8<55BAO =5<=>38< 1>;55 4 <;=. :><?LNB5@>2, 2A53> <8;;8>= 87 =8E @0A?>;0305B 2KE>4>< 2 =B5@=5B. ! >4=>9 AB>@>=K, ?@>3@0<<8ABK 2KAH59 :20;8D8:0F88, A 4@C3>9 - <8;;8>=K ;N459, =8:>340 2 A2>59 687=8 =5 28452H85 :><?LNB5@0 8 B5;5D>=0. "0:8< >1@07><, @5GL ?>:0 845B >1 >?@545;5==KE CA?5E0E ;8HL =0 =5:>B>@KE =0?@02;5=8OE. !>2@5<5==>5 >1I5AB2> ?5@568205B >48= 87 A0<KE ?@>B82>@5G82KE 8 =5>4=>7=0G=KE ?5@8>4>2 A2>53> @0728B8O. 0 A<5=C ?>AB8=4CAB@80;L=><C >1I5AB2C ?>A;54=8E 45AOB8;5B89 ?>AB5?5==> ?@8E>48B 8=D>@<0F8>==>5, >4=>9 87 >A=>2=KE E0@0:B5@8AB8: :>B>@>3> O2;O5BAO 53> 3;>10;L=K9 E0@0:B5@. !B5?5=L 3>B>2=>AB8 : ?>;=><0AHB01=><C ?5@5E>4C : >1I5AB2C 7=0=8O, <>45;L 53> AB0=>2;5=8O 2 >3@><=>9 AB5?5=8 >1CA;>2;5=K C@>2=5< A>F80;L=>-?>;8B8G5A:>3> @0728B8O B>3> 8;8 8=>3> A>F8C<0, 8 40;5:> =5 2A5 AB@0=K <>3CB AG8B0BLAO ?>;=>ABLN 3>B>2K<8 : =>2>9 ABC?5=8 M2>;NF88 G5;>25G5A:>3> >1I5AB20. "5< =5 <5=55, ?@>F5AAK 3;>10;870F88 M:>=><8G5A:8E >B=>H5=89 8 =0CG=>-B5E=>;>38G5A:89 ?@>3@5AA ?>72>;ONB A25AB8 : <8=8<C<C 2@5<5==K5 70B@0BK 3>AC40@AB2 =0 ?>43>B>2:C : MB><C MB0?C @0728B8O. @8<5=5=85 =>2KE 8=D>@<0F8>==>-B5;5:><<C=8:0F8>=-=KE B5E=>;>389 ?@8>1@5B05B @5H0NI55 7=0G5=85 4;O ?>2KH5=8O :>=:C@5=B>A?>A>1=>AB8 M:>=><8:8, @0AH8@5=8O 2>7<>6=>AB59 55 8=B53@0F88 2 <8@>2CN A8AB5<C E>7O9AB20, ?>2KH5=8O MDD5:B82=>AB8 3>AC40@AB25==>3> C?@02;5=8O 8 <5AB=>3> A0<>C?@02;5=8O.  MB0 @>;L =>2KE B5E=>;>389, 2 ?5@2CN >G5@54L =B5@=5B0, 1C45B AB@5<8B5;L=> CA8;820BLAO. 4=>2@5<5==> 2>7@0AB0NICN @>;L AB0=5B 83@0BL D0:B>@ 8=B5@0:B82=>AB8 8AB>G=8:>2 8=D>@<0F88 2 !5B8.  40==KE CA;>28OE A@54AB20< <0AA>2>9 8=D>@<0F88 ?@54>AB02;O5BAO C=8:0;L=0O 2>7<>6=>ABL =081>;55 ?>;=> @50;87>20BL A2>N G5B25@BCN 2;0ABL, <0:A8<0;L=> A?>A>1AB2CO 3;>10;L=><C 8=D>@<0F8>==><C >1<5=C. "5@<8= 3;>10;L=>5 8=D>@<0F8>==>5 >1I5AB2> 4>AB0B>G=> H8@>: 8 2:;NG05B 2 A51O, ?@5645 2A53>, 3;>10;L=CN C=8D8F8@>20==CN 8=D>@<0F8>==CN 8=4CAB@8N, @072820NICNAO =0 D>=5 =5?@5@K2=> 2>7@0AB0NI59 @>;8 8=D>@<0F88 8 7=0=89 2 M:>=><8G5A:>< 8 A>F80;L=>-?>;8B8G5A:>< :>=B5:AB5. A>1CN @>;L 2 8=D>@<0F8>==>< >1I5AB25 ?@8>1@5B5B D0:B>@ A>F80;L=>3> CAB@>9AB20, :>B>@K9 ?>;CG8B A2>5 >B@065=85 2 ?@8=F8?80;L=> =>2KE M;5:B@>==KE D>@<0E 45<>:@0B88 8 :>@5==>< ?5@5;><5 2 AB@C:BC@5 70=OB>AB8 =0A5;5=8O. @>F5AA 8=D>@<0F8>==KE ?@5>1@07>20=89 2 <8@5 =5>1@0B8<, >4=0:> ?>:0 8< >E20G5=K 40;5:> =5 2A5 AB@0=K. !>7405BAO =>20O :0@B0 <8@0 - 8=D>@<0F8>==0O, :>B>@0O ?>:07K205B A>AB>O=85 40==>9 AD5@K 2 :064>< 53> @538>=5. !>3;0A=> 59, 2KA>:0O ?;>B=>ABL 8=D>@<0F88, 8=B5=A82=>ABL @0728B8O 8 8A?>;L7>20=8O =>2KE 8=D>@<0F8>==KE B5E=>;>389 ?@8E>48BAO A53>4=O, 2 ?5@2CN >G5@54L, =0 !(, AB@0=K !, /?>=8N. > 2A5E 4@C38E <5AB0E MB8 ?>:070B5;8 7=0G8B5;L=> =865, 0 :>5-345 8 A>2A5< AE>4OB =0 =5B. <5AB5 A B5< 4065 2 MB8E @0728BKE AB@0=0E >1I5AB2> =0 A0<>< 45;5 5I5 25AL<0 40;5:> >B B>3>, GB>1K 2 ?>;=>9 <5@5 AB0BL 8=D>@<0F8>==K<. > A8E ?>@ 7=0G8B5;L=>5 :>;8G5AB2> ;N459 2 MB8E AB@0=0E 70=OBK ?@>ABK< B@C4><, 2> <=>38E AD5@0E 8A?>;L7CNBAO AB0@K5 B5E=>;>388, =54>AB0B>G=> @0728B0 :><<C=8:0F8>==0O 8=D@0AB@C:BC@0. ;020 II !+ -"+ $  / , $ & )!"  " #)% !# !"  -" !" 2.1 0 ?CB8 : :>=D5@5=F88 AB@0= 1>;LH>9 A5<5@:8 2 @NAA5;5 (1995 3.) #A:>@ONI55AO @0728B85 8 @0A?@>AB@0=5=85 8=D>@<0F8>==>-B5;5:><<C=8:0F8>==KE A8AB5<, A2O70==KE <564C A>1>9 8 ?5@5A5:0NI8E B@048F8>==K5 =0F8>=0;L=K5, ?>;8B8G5A:85 8 M:>=><8G5A:85 3@0=8FK, ?@825;8 : 2K=C645==><C 87<5=5=8N =0?@02;5=8O ?>;8B8G5A:>9 <KA;8. >;8B8:8 ?@>GC2AB2>20;8 =5>1E>48<>ABL ?;0=8@>20=8O ?@54AB>OI53> @0728B8O 8=D>@<0F8>==KE B5E=>;>389, :>B>@K5, :0: 2KOA=8;>AL, <>3CB >:070BL :0: ?>78B82=>5 2;8O=85 =0 >1I5AB2>, B0: 8 =530B82=>5. ?5@2K5 2>?@>AK D>@<8@>20=8O 8=D>@<0F8>==>3> >1I5AB20 =0 3>AC40@AB25==>< C@>2=5 AB0;8 >1AC640BLAO 2 !(. I5 2 1960-70-E 3>40E B0< 1K; ?@>2545= @O4 8AA;54>20=89, :>B>@K5 2KO28;8 2>7@0AB0NI55 7=0G5=85 8=D>@<0F8>==KE A5:B>@>2 2 M:>=><8:5 AB@0=K 8 >1>7=0G8;8 ?5@A?5:B82K 8A?>;L7>20=8O =>2KE B5E=>;>389 2 4@C38E AD5@0E.  1993 3>4C 28F5-?@57845=B !( . >@ 8A?>;L7>20; ?>=OB85  8=D>@<0F8>==0O AC?5@<038AB@0;L , 0 2A:>@5 ?>A;5 MB>3> =0 :>=D5@5=F88 564C=0@>4=>3> A>N70 B5;5:><<C=8:0F89 >= 3>2>@8; C65 > 3;>10;L=>9 8=D>@<0F8==>9 8=D@0AB@C:BC@5.  ?@54;>65==>9 :>=F5?F88 @0728B8O 8=D>@<0F8>==>3> >1I5AB20 ?>A;54=55 >?8AK20;>AL 8< A;54CNI8< >1@07><: CG51=K5 702545=8O 8 ?@5?>4020B5;8 AB0=>2OBAO 4>ABC?=K<8 2A5< ABC45=B0<, 2=5 7028A8<>AB8 >B 35>3@0D8G5A:8E CA;>289, @0AAB>O=8O 8 @5AC@A>2; >3@><=K9 ?>B5=F80; 8A:CAAB20, ;8B5@0BC@K 8 =0C:8 A>A@54>B>G5= =5 B>;L:> 2 181;8>B5:0E 8 <C75OE; <548F8=A:85 8 A>F80;L=K5 CA;C38 AB0=>2OBAO 4>ABC?=K<8 2 8=B5@0:B82=>< @568<5; :064K9 8<55B 2>7<>6=>ABL ?>;=>F5==> @01>B0BL G5@57 M;5:B@>==K5 <038AB@0;8, >1@0I0BLAO 2 <03078=, 10=:, ?>;CG0BL 3>AC40@AB25==CN 8=D>@<0F8N ?@O<> 87 A2>53> 4><0; 45;>2K5 AB@C:BC@K <>3CB >1<5=820BLAO 8=D>@<0F859 M;5:B@>==K< ?CB5<, A=860O >1J5< 1C<06=>3> 4>:C<5=B>>1>@>B0 8 C;CGH0O :0G5AB2> CA;C3. ;O 1>;55 45B0;L=>3> 87CG5=8O ?@>1;5<, A2O70==KE A 55 @50;870F859, 1K;0 A>740=0 01>G0O 3@C??0 ?> 8=D>@<0F8>==>9 8=D@0AB@C:BC@5.  E>45 55 @01>BK 1K;8 AD>@<C;8@>20=K 9 @C:>2>4OI8E ?@8=F8?>2: ( ?>>I@5=85 G0AB=KE 8=25AB8F89; ( :>=F5?F8O C=825@A0;L=>3> 4>ABC?0; ( ?><>IL 2 B5E=>;>38G5A:8E 8==>20F8OE; ( >15A?5G5=85 8=B5@0:B82=>3> 4>ABC?0; ( 70I8B0 ;8G=>9 687=8, 157>?0A=>AB8 8 =0456=>AB8 A5B59; ( C;CGH5==>5 C?@02;5=85 A?5:B@>< @048>G0AB>B; ( 70I8B0 ?@02 8=B5;;5:BC0;L=>9 A>1AB25==>AB8; ( :>>@48=0F8O 3>AC40@AB25==KE CA8;89; ( >15A?5G5=85 4>ABC?0 : 3>AC40@AB25==>9 8=D>@<0F88. 0: 3;02=K9 8AB>G=8: :0?8B0;0 8 M:A?5@B>2 G0AB=K9 A5:B>@ 1K; ?@8720= 2 >B25B =0 70?@>AK @K=:0 >?@545;8BL, :0:85 =>2K5 B5E=>;>388, ?@>4C:BK 8 CA;C38 @072820BL, CAB0=>28BL AB0=40@BK. @028B5;LAB2>, A> A2>59 AB>@>=K, ?>>15I0;> >1;53G8BL MB8 ?@>F5AAK ?CB5< ?@8=OB8O A>>B25BAB2CNI8E 70:>=>2 8 04<8=8AB@0B82=>3> @53C;8@>20=8O. ! MB>3> <><5=B0 @0728B85 =0F8>=0;L=>9 8 3;>10;L=>9 8=D>@<0F8>==>9 8=D@0AB@C:BC@K AB0=>28BAO AB@0B538G5A:>9 F5;LN 3>AC40@AB20. A;54 70 !( 2 @07@01>B:C ?@>1;5<0B8:8 >1I5AB20 7=0=8O 0:B82=> 2:;NG8;AO 2@>?59A:89 A>N7. ! >4=>9 AB>@>=K, 1K;> 65;0=85 =5 >BAB0BL >B (B0B>2, =0G8=0NI8E 45<>=AB@8@>20BL >?@545;5==K5 CA?5E8 2 @0728B88 A2>59 M:>=><8:8 70 AG5B 2=54@5=8O 8 8A?>;L7>20=8O =>259H8E 8=D>@<0F8>==KE B5E=>;>389, AB@5<;5=85 A>E@0=8BL 2KA>:89 C@>25=L 687=8 8 <=>3>G8A;5==K5 ?@58<CI5AB20 :0B53>@88 @0728BKE AB@0= =0 D>=5 =>2KE ?@>1;5<, 2>7@0AB0=8O :>=:C@5=F88 2 <8@>2>< <0AHB015. ! 4@C3>9 AB>@>=K, 2 AB@0=0E ! : MB><C 2@5<5=8 1K;8 A>740=K 25AL<0 1;03>?@8OB=K5 ?> A@02=5=8N A >AB0;L=K<8 @538>=0<8 <8@0 4;O MB>3> CA;>28O.  G0AB=>AB8, 745AL C65 A;>68;0AL A@02=8B5;L=> @0728B0O 8=D>@<0F8>==0O 8=D@0AB@C:BC@0, 1>;55 90 % A5<59 8<5;8 4><0 B5;5D>=K 8 B5;5287>@K, 7=0G8B5;L=0O G0ABL 87 =8E ?>;L7>20;0AL CA;C30<8 :015;L=KE A5B59.  8B>35 2 2K?CI5==>< 2 1993 3>4C 4>:;045 ! >AB, :>=:C@5=B>A?>A>1=>ABL, 70=OB>ABL - 2K7>2K XXI 25:0 8 ?CB8 2 =53> 3>2>@8;>AL, GB> 8=D>@<0F8>==>5 A>>1I5AB2> 8<55B ACI5AB25==K9 ?>B5=F80;, A?>A>1AB2CNI89 CAB>9G82><C @0728B8N, @>ABC :>=:C@5=B>A?>A>1=>AB8, C25;8G5=8N @01>G8E <5AB, C;CGH5=8N :0G5AB20 687=8 :064>3> 52@>?59F0. 0728B85 M:>=><8:8 8 >1I5AB20 2 F5;>< 1K;> ?>AB02;5=> 2 =5?>A@54AB25==CN 7028A8<>ABL >B @0728B8O =>2KE 8=D>@<0F8>==>-:><<C=8:0F8>==KE B5E=>;>389. ! =0G0;0 1994 3>40 2@>?59A:89 A>N7 ?>AB028; 7040GC @0728B8O >1I5AB20 7=0=8O 2 G8A;> =081>;55 ?@8>@8B5B=KE. 2@>?59A:89 !>25B ?>@CG8; 3@C??5 2K40NI8EAO ;8F (prominent persons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nformation Society Project Office, ISPO) 8 &5=B@ 0:B82=>AB8 2 AD5@5 8=D>@<0F8>==>3> >1I5AB20 (Information Society Activity Center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alt Disney, Time Warner, Silicon Graphics, SEGA Enterprises, Apple Computer, British Telecom, Siemens 8 4@C385), 0 B0:65 :@C?=K5 CG5=K5.1  4>:C<5=B0E :>=D5@5=F88 1K;> ?>4G5@:=CB>, GB> 8=D>@<0F8>==>-:><<C=8:0F8>==K5 B5E=>;>388 ?@>872>4OB =>2CN @52>;NF8N, :>B>@0O 22>48B G5;>25G5AB2> 2 25: 8=D>@<0F88. =D>@<0F8>==>5 >1I5AB2> =5 B>;L:> 2>7459AB2C5B =0 2708<>459AB285 ;N459, => 8 =0 >@30=870F8>==K5 AB@C:BC@K. "@048F8>==> 65AB:85 8 70ABK2H85, >=8 1C4CB 70<5=5=K 1>;55 381:8<8, 45F5=B@0;87>20==K<8 <>45;O<8, GB>, 2 :>=5G=>< 8B>35, ?@5>1@07C5B >1I5AB2>, DC=:F8>=8@>20=85 M:>=><8:8, G0AB=K9 187=5A 8 3>AC40@AB25==K5 8=AB8BCBK. !>740=85 3;>10;L=>9 8=D>@<0F8>==>9 8=D@0AB@C:BC@K 8 55 ?@8<5=5=85 >?@545;O;>AL >4=>9 87 =081>;55 206=KE 8=8F80B82, :>B>@K5 =5>1E>48<> ?@54?@8=OBL 2 :@0BG09H85 A@>:8. K;8 >1>7=0G5=K A;54CNI85 ?>B5=F80;L=K5 ?@58<CI5AB20 >B MB>3>: 1>;55 2KA>:89 C@>25=L A>F80;L=>9 8=B53@0F88, 2>AAB0=>2;5=85 GC2AB20 A>>1I5AB20, A>E@0=5=85 8 @0A?@>AB@0=5=85 :C;LBC@K, AB8<C;8@>20=85 70:@5?;5=8O 8 40;L=59H53> @0728B8O 45<>:@0B8G5A:8E F5==>AB59, 1>;55 2KA>:0O M:>=><8G5A:0O MDD5:B82=>ABL, CAB0=>2;5=85 10;0=A0 <564C =0F8O<8 2 A>F80;L=>< 8 M:>=><8G5A:>< ?@>3@5AA5, 30@<>=8G=0O 8=B53@0F8O @072820NI8EAO AB@0= 2 3;>10;L=CN M:>=><8:C. >A:>;L:C D>@<8@CNBAO =0F8>=0;L=K5 8=D>@<0F8>==K5 8=D@0AB@C:BC@K, =5>1E>48<>, GB>1K >=8 2<5AB5 B@0=AD>@<8@>20;8AL 2 3;>10;L=CN 8=D>@<0F8>==CN 8=D@0AB@C:BC@C. K?>;=5=85 MB>9 7040G8 B@51C5B 1>;55 B5A=>3> <564C=0@>4=>3> A>B@C4=8G5AB20, F5;L :>B>@>3> - 30@0=B8@>20BL :064><C 3@0640=8=C ?@02> =0 4>ABC? : 3;>10;L=>9 8=D>@<0F8>==>9 8=D@0AB@C:BC@5, =5 4>?CAB8BL 40;L=59H53> @0745;5=8O >1I5AB20 =0 B5E, :B> MB8< 4>ABC?>< >1;0405B, 8 B5E, :><C >= =54>ABC?5=.  E>45 :>=D5@5=F88 1K;8 2K45;5=K >A=>2=K5 ?@8=F8?K, :>B>@K<8 A;54C5B @C:>2>4AB2>20BLAO ?@8 @0728B88 3;>10;L=>3> 8=D>@<0F8>==>3> >1I5AB20: >15A?5G5=85 A?@0254;82>9 :>=:C@5=F88, ?>>I@5=85 G0AB=KE 8=25AB8F89, >?@545;5=85 8 040?B0F8O @53C;8@CNI8E <5E0=87<>2, >15A?5G5=85 >B:@KB>3> 4>ABC?0 : A5BO<, A>740=85 CA;>289 4;O >15A?5G5=8O C=825@A0;L=>3> 4>ABC?0 : 8=D>@<0F8>==K< CA;C30<, ?>445@60=85 @07=>>1@078O A>45@60=8O, 2:;NG0O :C;LBC@=>5 8 O7K:>2>5, ?@87=0=85 =5>1E>48<>AB8 <564C=0@>4=>3> A>B@C4=8G5AB20, C45;OO ?@8 MB>< >A>1>5 2=8<0=85 @072820NI8<AO AB@0=0<.  G0AB=>AB8, >B:@KB0O 8 A?@0254;820O :>=:C@5=F8O ?@54AB02;O5B A>1>9 =08;CGH89 A?>A>1 AB8<C;8@>20BL 8=25AB8F88, 8==>20F88, A=878BL F5=K =0 CA;C38. =B5=A82=>5 2=54@5=85 =>2KE 8=D>@<0F8>==KE B5E=>;>389 ?@54>AB028B ?>;L7>20B5;O< 1>;55 H8@>:89 2K1>@ CA;C3 ?> 1>;55 =87:8< F5=0<, ?>AB02I8:8 1C4CB 1>;55 2=8<0B5;L=> >B=>A8BLAO : ?>B@51=>ABO< A2>8E :;85=B>2, 4>ABC?=K5 F5=K, 2 A2>N >G5@54L, 1C4CB A?>A>1AB2>20BL <0:A8<0;L=><C 8A?>;L7>20=8N B5;5:><<C=8:0F8>==KE CA;C3. B<5G0;>AL, GB> :>=:C@5=F8O 4>;6=0 ?@>E>48BL 2 @02=KE CA;>28OE 4;O 2A5E AB@0=. I5 2 =>O1@5 1994 3>40 A@548 G;5=>2 2@>?59A:>3> A>N70 1K; 4>AB83=CB :>=A5=ACA ?> 2>?@>AC ?>;=>9 ;815@0;870F88 B5;5:><<C=8:0F8>==>9 8=D@0AB@C:BC@K 8 @K=:0 A>>B25BAB2CNI8E CA;C3 : 1 O=20@O 1998 3>40.  @57C;LB0B5 1>;LH8=AB2> AB@0=  A5<5@:8 C65 ?@0:B8G5A:8 ;815@0;87>20;8 A5:B>@ <>18;L=KE, A?CB=8:>2KE 8 ?@>G8E B5;5:><<C=8:0F8>==KE CA;C3, :@><5 B5;5D>=88. 5:>B>@K5 AB@0=K 7=0G8B5;L=> ?@>428=C;8AL 8 2 MB>9 >1;0AB8.1 5AA?>@=K< 1K; ?@87=0= 8 B>B D0:B, GB> 8=D>@<0F8>==>5 >1I5AB2> =5 <>65B 2 40;L=59H5< ?>;=>F5==> @072820BLAO ;8HL =0 >A=>25 B@048F8>==KE B5;5D>==KE A5B59 8 B@51C5B <0AA82=KE 8=25AB8F89 2 A>2@5<5==K5 8=D@0AB@C:BC@K. !CI5AB2CNI85 @568<K @53C;8@>20=8O 4;O @07;8G=KE 8=D>@<0F8>==KE B5E=>;>389 AB0=>2OBAO A :064K< 4=5< 2A5 <5=55 MDD5:B82=K<8 2 CA;>28OE ?@>8AE>4OI59 :>=25@35=F88 A@54AB2 <0AA>2>9 8=D>@<0F88 8 2 7=0G8B5;L=>9 AB5?5=8 B>@<>7OB 8=25AB8F88 2 8=D>@<0F8>==CN 8=4CAB@8N. >;LH>5 2=8<0=85 2 E>45 2AB@5G8 C45;O;>AL ?@>1;5<5 70I8BK 02B>@A:8E ?@02 2 =>2KE CA;>28OE. KA:07K20;8AL @07;8G=K5 B>G:8 7@5=8O ?> MB><C ?>2>4C.  ?@8<5@C, GB> MB0 70I8B0 4>;6=0 1KBL >A;01;5=0 2 CA;>28OE 8=D>@<0F8>==>3> >1I5AB20. 1I5AB25==>ABL E>G5B 8<5BL A2>1>4=K9 4>ABC? : 8=D>@<0F88, 0 70:>= 4>;65= >B@060BL MBC >1I5AB25==CN ?>B@51=>ABL. 0 8 A0< B5E=>;>38G5A:89 ?@>3@5AA >?@024K205B A=865=85 C@>2=O 70I8BK 02B>@A:8E ?@02. >A:>;L:C :><?LNB5@=K5 A5B8 45;0NB G@572KG09=> ?@>ABK< =5;530;L=>5 :>?8@>20=85 8 @0A?@>AB@0=5=85 8=D>@<0F88, B>, ?> <=5=8N AB>@>==8:>2 MB>9 B>G:8 7@5=8O, =5>1E>48<> C70:>=8BL MBC A8BC0F8N 8;8 >:070BLAO ?5@54 ;8F>< ?>2A5<5AB=KE ?@02>=0@CH5=89. 4=0:> 2 F5;>< ?@520;8@>20;> <=5=85, GB> >1I5AB2>, >A=>20==>5 =0 7=0=8OE, <>65B @072820BLAO B>;L:> 2 CA;>28OE, :>340 MB8 7=0=8O =0456=> 70I8I5=K A8AB5<>9 70:>=>40B5;L=KE 0:B>2, AB8<C;8@CNI8E 02B>@>2 : A>740=8N =>2KE 8=D>@<0F8>==KE ?@>4C:B>2 8 CA;C3. @8<5=8B5;L=> : B@048F8>==K< AD5@0< G5;>25G5A:>9 687=545OB5;L=>AB8 B0:>5 70:>=>40B5;LAB2> @07@01>B0=> 4>AB0B>G=> ?>4@>1=>.1 5GL H;0 > B><, GB>1K =0 53> >A=>25 2=5AB8 4>?>;=8B5;L=K5 =>@<K, @0A?@>AB@0=ONI85 53> 459AB285 =0 :815@M:>=><8:C, F8D@>2>5 ?@54AB02;5=85 8=D>@<0F88 8 0C48>287C0;L=>9 ?@>4C:F88. 06=K< 1K; ?@87=0= 8 B>B D0:B, GB> 70:>=K >1 >E@0=5 02B>@A:8E ?@02 >3@0=8G820NBAO B5@@8B>@859 AB@0=K, =0 :>B>@>9 >=8 459AB2CNB, ?>MB><C B>, GB> 2 >4=>9 AB@0=5 O2;O5BAO =0@CH5=85<, 2 4@C3>9 <>65B 8< 8 =5 1KBL.  A2O78 A MB8< 1K;0 ?>4G5@:=CB0 =5>1E>48<>ABL 0:B82870F88 @01>BK 2 @0<:0E A5<8@=>9 >@30=870F88 >E@0=K 02B>@A:8E ?@02 4;O @07@01>B:8 >?@545;5==KE AB0=40@B>2 ?> 70I8B5 8=B5;;5:BC0;L=>9 A>1AB25==>AB8 2 AD5@0E M;5:B@>==>9 B>@3>2;8 8 3;>10;L=KE :><?LNB5@=KE A5BOE. 57C;LB8@CNI0O @NAA5;LA:>9 :>=D5@5=F88 2K@060;0AL 2 >48==04F0B8 ?8;>B=KE ?@>5:B0E 3;>10;L=>3> 8=D>@<0F8>==>3> >1I5AB20: @>5:B <8@>2>9 ?5@5?8A8 (M;5:B@>==>-4>ABC?=K9 <C;LB8<5489=K9 ?5@5G5=L 8=D>@<0F88, >B=>AOI89AO : =0F8>=0;L=K< 8 <564C=0@>4=K< ?@>5:B0< 8 8AA;54>20=8O<, A2O70==K< A @0728B85< 8=D>@<0F8>==>3> >1I5AB20, >B25BAB25==K 70 =53> 2@>?59A:89 A>N7 8 /?>=8O); ;>10;L=0O A>2<5AB8<>ABL 2KA>:>A:>@>AB=KE A5B59 (>@30=870F8O <564C=0@>4=KE A2O759 <564C @07;8G=K<8 2KA>:>A:>@>AB=K<8 A5BO<8, 0=040 8 /?>=8O); =B5@=0F8>=0;L=>5 (:@>AA-:C;LBC@=>5) >1@07>20=85 8 >1CG5=85 (8==>20F8>==K5 ?>4E>4K : 87CG5=8N O7K:>2, >A>15==> 4;O ABC45=B>2 8 ?@54AB028B5;59 <0;>3> 187=5A0, $@0=F8O 8 5@<0=8O); -;5:B@>==K5 181;8>B5:8 (@0A?@545;5==0O :>;;5:F8O 7=0=89 G5;>25G5AB20, 4>ABC?=0O 1>;LH8=AB2C G;5=>2 >1I5AB20 G5@57 A5B8, $@0=F8O 8 /?>=8O); C;LB8<5489=K9 4>ABC? : <8@>2><C :C;LBC@=><C =0A;548N (M;5:B@>==K5 <C758 8 30;5@58, B0;8O 8 $@0=F8O); :@C60NI0O A@540 8 :>=B@>;L A>AB>O=8O ?@8@>4=KE @5AC@A>2 (M;5:B@>==K5 8=D>@<0F8>==K5 @5AC@AK ?> MB8< 2>?@>A0<, 0=040); ;>10;L=>5 C?@02;5=85 G@572KG09=K<8 A8BC0F8O<8 (8=D>@<0F8>==0O A5BL 4;O C?@02;5=8O A8BC0F8O<8, A2O70==K<8 A G@572KG09=K<8 <5@0<8 8 @8A:0<8, !(); 8@>20O A8AB5<0 74@02>>E@0=5=8O (B5;5<548F8=0, 2@>?59A:0O :><8AA8O); -;5:B@>==>5 ?@028B5;LAB2> (8A?>;L7>20=85 =>2KE 8=D>@<0F8>==KE B5E=>;>389 4;O >ACI5AB2;5=8O 04<8=8AB@0B82=>9 45OB5;L=>AB8 8 2708<>459AB28O 2 @568<5 >=-;09= <564C >@30=0<8 8A?>;=8B5;L=>9 2;0AB8, N@848G5A:8<8 ;8F0<8 8 3@0640=0<8, 5;8:>1@8B0=8O); ;>10;L=K9 @K=>: 4;O A@54=53> 8 <0;>3> 187=5A0 (@0728B85 A@54K >B:@KB>3> 8 A2>1>4=>3> >1<5=0 8=D>@<0F859 8 ?@54>AB02;5=8O 3;>10;L=KE B>@3>2KE CA;C3 2 8=B5@5A0E A@54=53> 8 <0;>3> 187=5A0, 2@>?59A:0O :><8AA8O, /?>=8O, !(); >@A:85 8=D>@<0F8>==K5 A8AB5<K (?>2KH5=85 :>=:C@5=B>A?>A>1=>AB8 2A5E <>@A:8E 284>2 45OB5;L=>AB8 70 AG5B A@54AB2 8=D>@<0F8>==KE 8 B5;5:><<C=8:0F8>==KE B5E=>;>389, 2@>?59A:0O :><8AA8O, 0=040). A>1>3> 2=8<0=8O 70A;C68205B ?@>5:B 3;>10;L=>9 ?5@5?8A8 (Global Inventory Project, GIP). @>3@0<<0 ?@54AB02;O5B A>1>9 <C;LB8<5489=CN >?8AL 2A5E ACI5AB2CNI8E =0F8>=0;L=KE 8 <564C=0@>4=KE ?@>5:B>2, >B=>AOI8EAO : 8=D>@<0F8>==><C >1I5AB2C. 4=0:> GIP =5 A;54C5B 2>A?@8=8<0BL :0:  ?@>AB> >?8AL , 8;8 ?@>AB>9 ?5@5G5=L ?@>5:B>2. 59AB28B5;L=>, MB> 8=D>@<0F8>==0O A8AB5<0, E@0=OI0O 40==K5 > ?@>5:B0E 8 8E @07@01>BG8:0E, => 2 C4>1=>9, :><D>@B=>9 4;O ?>;L7>20B5;O 480;>3>2>9 A@545. @8G5< A0<0 MB0 A@540 1C45B ?>AB>O==> @072820BLAO, 0 55 AB@C:BC@0 1C45B AB0=>28BLAO 1>30G5. @>5:B 3;>10;L=>9 ?5@5?8A8 >B:@KB 4;O 2A5E AB@0=, <564C=0@>4=KE 8=AB8BCB>2, =5?@028B5;LAB25==KE >@30=870F89, 4;O G0AB=>3> A5:B>@0 8 4@C38E CG@5645=89, :>B>@K5 ?@>O2;ONB 8=B5@5A : AB@0B538O< @0728B8O 3;>10;L=>3> 8=D>@<0F8>==>3> >1I5AB20 8 65;0NB 2KA:070BL A2>N B>G:C 7@5=8O 8;8, 1KBL <>65B, 4065 ?>45;8BLAO A2>8< >?KB>< 2 MB>9 >1;0AB8. "0:8< >1@07><, ?@54AB02;OO >1I85, 25AL<0 381:85 A@54AB20 ?>8A:0 8 >15A?5G5=8O 480;>30 =0 <=>38E O7K:0E, MB>B 3;>10;L=K9 8=B5@D59A, >A=>20==K9 =0 =0F8>=0;L=KE 8 <564C=0@>4=KE 8=8F80B820E, C25;8G8205B A0<C F5==>ABL 8=D>@<0F88 8 40==KE, A>18@05<KE A G;5=>2-CG0AB=8:>2.1 B>3>< :>=D5@5=F88 2 @NAA5;5 AB0;> =5 B>;L:> >?@545;5=85 >1I8E ?@8=F8?>2, :>B>@K<8 A;54C5B @C:>2>4AB2>20BLAO 2 @0728B88 3;>10;L=>3> 8=D>@<0F8>==>3> >1I5AB20, => 8 2K@01>B:0 >A=>2=KE ?CB59 8E @50;870F88.  =8< >B=>AOBAO: @0728B85 3;>10;L=KE @K=:>2 4;O :><?LNB5@=KE A5B59 8 @07;8G=KE 8=D>@<0F8>==KE 8 B5;5:><<C=8:0F8>==KE CA;C3, >15A?5G5=85 B5E=8G5A:>9 2>7<>6=>AB8 A>548=5=8O 8 >?5@8@>20=8O MB8E A5B59, A>B@C4=8G5AB2> 2 >1;0AB8 8AA;54>20=89 8 @07@01>B>: ?> A>740=8N =>2KE 8=D>@<0F8>==KE B5E=>;>389, ?@>4C:B>2 8 CA;C3, >15A?5G5=85 8=D>@<0F8>==>9 157>?0A=>AB8 ;8G=>AB8 8 40==KE, >BA;56820=85 8 ?>A;54CNI89 0=0;87 A>F80;L=KE ?>A;54AB289 @0728B8O 8=D>@<0F8>==>3> >1I5AB20. 081>;55 206=K< <><5=B>< O2;O5BAO B>, GB> 3>AC40@AB25==0O ?>;8B8:0 2 MB>9 >1;0AB8 AB0;0 >?@545;OBLAO ?@58<CI5AB25==> =5 2 <0AHB015 >B45;L=>9 AB@0=K, 0 =0 B@0=A52@>?59A:>< 8 3;>10;L=>< C@>2=OE. 2.2 0728B85 8=D>@<0F8>==>3> >1I5AB20 2> 2B>@>9 ?>;>28=5 90-E 3>4>2 0728B85 A8AB5<K 4>@>3 8 AC4>E>4AB20 ?@825;> 2 A2>5 2@5<O : AB0=>2;5=8N <8@>2>3> B>@3>2>3> @K=:0. >O2;5=85 @048>, B5;5D>=0 8 4@C38E A@54AB2 :><<C=8:0F88 ?5@2>9 ?>;>28=K %% 25:0 A45;0;> 2>7<>6=K< @0728B85 B@0=A=0F8>=0;L=>9 8=4CAB@80;L=>9 M:>=><8:8 8 8=4CAB@80;L=>3> >1I5AB20. 0;>3>< CA?5H=>3> @0728B8O A>2@5<5==>9 M:>=><8:8 8 >1I5AB20 AB0;8 B5;5:><<C=8:0F88. 4=>9 87 206=KE E0@0:B5@8AB8: 8=D>@<0F8>==>3> >1I5AB20 O2;O5BAO :>=25@35=F8O B5E=>;>389, A2O70==KE A A>740=85<, >1@01>B:>9 8 ?5@540G59 8=D>@<0F88. A2>1>645==0O >B A2>8E B@048F8>==KE =>A8B5;59 8=D>@<0F8O AB0;0 ?5@54020BLAO ?> @07;8G=K< A@54AB20< :><<C=8:0F88: B5;5D>==K< 8 :015;L=K< ;8=8O<, G5@57 A?CB=8:8, <>18;L=CN 8 15A?@>2>4=CN A2O7L.  @57C;LB0B5 =0G0;AO ?@>F5AA B5E=>;>38G5A:>9 :>=25@35=F88 B@048F8>==> @07=KE A5:B>@>2 8=D>@<0F8>==>9 8=4CAB@88: :><?LNB5@=>3>, B5;5:><<C=8:0F8>==>3>, A@54AB2 <0AA>2>9 8=D>@<0F88, - =081>;55 H8@>:> @0725@=C2H89AO 2> 2B>@>9 ?>;>28=K 90-E 3>4>2 4204F0B>3> 25:0. &8D@>2870F8O - A=0G0;0 2 :><?LNB5@=KE B5E=>;>38OE, 70B5< 2 B5;5:><<C=8:0F8OE, 0 2?>A;54AB288 8 2 25I0=88 - A45;0;0 >G5284=K< B>B D0:B, GB> :0: B>;L:> ?>B>: F8D@>2>9 8=D>@<0F88 =0G8=05B F8@:C;8@>20BL ?> :><<C=8:0F8O< 2A5E B@5E A5:B>@>2, 8E C65 =5;L7O @0AA<0B@820BL 87>;8@>20==> 4@C3 >B 4@C30. !>25@H5==> ?>-8=><C AB0;8 2>A?@8=8<0BLAO DC=:F88 <0AA>2>3> 25I0=8O 8 B5;5:><<C=8:0F89. @54?>AK;:0, A>3;0A=> :>B>@>9 ?5@2>5 ?@54=07=0G5=> 3;02=K< >1@07>< 4;O >1@07>20=8O 8 @072;5:0B5;L=KE ?5@540G, 2 B> 2@5<O :0: B5;5:><<C=8:0F88 - 4;O 187=5A0 8 3>AC40@AB25==KE F5;59, AB0;0 1>;LH5 =525@=0. =0G8B5;L=K5 87<5=5=8O ?@>8AE>4OB 2 >1;0AB8 A@54AB2 <0AA>2>9 8=D>@<0F88.  ?5@2CN >G5@54L, ?5@52>4 A>45@60=8O 2 F8D@>2CN D>@<C ?>72>;8;  2K@02=8BL ?5G0B=>5 A;>2> 8 4286CI55AO 87>1@065=85, @07@CH82 2AO:85 ?@>3=>7K, ?@54@5:02H85 ?@>83@KH 3075B5 8 6C@=0;C 2 :>=:C@5=F88 A :8=>, @048> 8 B5;52845=85<. ><8<> MB>3> ?@>B5:05B A;8O=85 ?@5645 @07;8G=KE 8 @07>1I5==KE <5480. >@>9 B@C4=> A@07C >?@545;8BL, > :0:>< 8<5==> A@54AB25 845B @5GL: @048> 2 =B5@=5B5, M=F8:;>?548O @8B0=8:0 =0 :><?0:B-48A:5, DVD-:8=>B50B@, @5:;0<=>5 A>>1I5=85 8;8 ?>GB0, ?>;CG5==K5 A ?><>ILN :0@<0==>3> :><?LNB5@0. 5@540G0 DC=:F89 >4=8E ! 4@C38<, ?>O282H0OAO 2>7<>6=>ABL ?>;CG0BL >48=0:>2K5 8=D>@<0F8>==K5 ?@>4C:BK @07=K<8 :0=0;0<8 :0@48=0;L=> 87<5=8;8 @>;L 0C48B>@88. 7 >1I59 <0AAK, :>B>@0O, :0: ?@028;>, B5@?5;82> ?>B@51;O5B ?@54;0305<>5 59 A>45@60=85, >=0 @0718205BAO =0 4>2>;L=> :>=:@5B=K5 3@C??K, 8=D>@<0F8>==K5 ?>B@51=>AB8 8  :><<C=8:0F8>==K5 ?@82KG:8 :064>9 87 :>B>@KE <>3CB 1KBL >?@545;5=K 25AL<0 B>G=>. =B5@0:B82=>ABL =>2KE <5480 ?@54>AB02;O5B 0C48B>@88 15A?@5F545=B=CN 2>7<>6=>ABL 2K1>@0 A>45@60=8O, >4=>2@5<5==> ?@52@0I0O 55 >BG0AB8 2 @540:B>@0, >BG0AB8 4065 2 A>740B5;O =>2KE A>45@60B5;L=KE ?@>4C:B>2, GB> A?>A>1AB2C5B ?>2KH5=8N C@>2=O 55 708=B5@5A>20==>AB8 8 0:B82=>AB8. "5E=>;>38G5A:0O :>=25@35=F88 ?@825;0 =5 B>;L:> : 70<5B=K< ?5@5<5=0< 2 AD5@5 !, => 8 : 87<5=5=8N >B=>H5=8O ?>;8B8:>2 : ?@>8AE>4OI8< B@0=AD>@<0F8O<. 1I5AB25==>-?>;8B8G5A:89 ;5:A8:>= >1>30B8;AO B0:8<8 ?>=OB8O<8, :0: M;5:B@>==>5 ?@028B5;LAB2>, F8D@>20O 45<>:@0B8O, M;5:B@>==>5 3@0640=AB2> 8 4@. @>8AE>48B 7=0G8B5;L=0O 0:B82870F8O 8A?>;L7>20=8O 8=D>@<0F8>==>-:><<C=8:0F8>==KE B5E=>;>389 2 3>AC40@AB25==KE >@30=0E, :>B>@0O ?@5A;54C5B 425 >A=>2=K5 7040G8. >-?5@2KE, A45;0BL 3>AC40@AB2> 1>;55 45<>:@0B8G=K<, 8=D>@<0F8>==> >B:@KBK<,  ?@>7@0G=K< 4;O =0A5;5=8O. ! MB>9 F5;LN @0728205BAO >1;0ABL ?@54>AB02;5=8O A ?><>ILN 8=D>@<0F8>==>-:><<C=8:0F8>==KE B5E=>;>389 @O40 3>AC40@AB25==KE CA;C3 =0A5;5=8N 8 187=5AC, A>740=85 <0AA82>2 A 3>AC40@AB25==>9 8=D>@<0F859, B0:>9 :0: AB0B8AB8:0, A2>4K 70:>=>2, >B:@KB85 3>AC40@AB25==K<8 254><AB20<8 A2>8E A09B>2 2 =B5@=5B5, ?@8720==KE =0;048BL 1>;55 ?@>4C:B82=K9 480;>3 A >1I5AB25==>ABLN. >-2B>@KE, 70 AG5B 8A?>;L7>20=8O =>2KE B5E=>;>389 ?>2KA8BL MDD5:B82=>ABL 45OB5;L=>AB8 A0<8E 3>AC40@AB25==KE >@30=>2. 06=>ABL ?@>2545=8O B0:>9 ?>;8B8:8 1K;0 ?>4B25@645=0 =0 2AB@5G5 <8=8AB@>2 52@>?59A:8E AB@0=, A>AB>O2H59AO 2 8N;5 1997 3>40 2 >==5. 081>;LH8E CA?5E>2 2 MB>< 45;5 4>AB83;8 !( 8 5;8:>1@8B0=8O. I5 2 D52@0;5 1997 3>40 0<5@8:0=A:0O 04<8=8AB@0F8O 2K428=C;0 8=8F80B82C !>25@H5=AB2>20=85 ?@028B5;LAB25==>9 45OB5;L=>AB8 G5@57 =>2K5 B5E=>;>388, :>B>@0O 2:;NG0;0 @O4 ?@>3@0<<, 2 G0AB=>AB8 B:@KBK9 4>ABC? : ?@028B5;LAB25==>9 8=D>@<0F88. !>25@H5=AB2>20=85 G5@57 8=D>@<0F8>==K5 B5E=>;>388. ;O @07@01>B:8 =0CG=KE >A=>2 8 4>;3>A@>G=>9 AB@0B5388 @0728B8O 8=D>@<0F8>==>9 ?>;8B8:8 0F8>=0;L=0O 0:045<8O =0C: !( 2 A;54CNI5< 3>4C >1JO28;0 ?@>3@0<<C 3@0=4>2 ?> B5<5 -;5:B@>==>5 ?@028B5;LAB2>, ?@8720==CN AB8<C;8@>20BL DC=40<5=B0;L=K5 8 ?@8:;04=K5 8AA;54>20=8O 2 >1;0AB8 ?@8<5=5=8O =>2KE 8=D>@<0F8>==>-B5;5:><<C=8:0F8>==KE B5E=>;>389 2 45OB5;L=>AB8 ?@028B5;LAB25==KE CG@5645=89 =0 2A5E C@>2=OE 2;0AB8.  8B>35 C65 A53>4=O ?@0:B8G5A:8 2A5 035=BAB20 0<5@8:0=A:>3> ?@028B5;LAB20 ?@54AB02;5=K 2 =B5@=5B5, 2A5 70:>=>40B5;L=K5 0:BK 459AB2CNI53> >=3@5AA0 !( 15A?;0B=> 4>ABC?=K G5@57 A5BL. 5;8:>1@8B0=8O =5 <5=55 ?;>4>B2>@=> ?@>2>48B ?>;8B8:C ?@54>AB02;5=8O 8=D>@<0F88 8 CA;C3 =0A5;5=8N A> AB>@>=K 3>AC40@AB20 G5@57 =B5@=5B: =0 A53>4=OH=89 45=L 3>AC40@AB25==0O 8=D>@<0F8>==0O A;C610 >15A?5G8205B 4>ABC? : 1>;55 G5< 300 3>AC40@AB25==K< >@30=870F8O<. ;O B>3> GB>1K >1;53G8BL ;N4O< 2E>645=85 2 8=D>@<0F8>==>5 >1I5AB2>, ?@028B5;LAB2> 5;8:>1@8B0=88 @07@010BK205B 8 @50;87C5B A?5F80;L=K5 ?@>5:BK, @0AAG8B0==K5, 2 G0AB=>AB8, =0 <0;K9 8 A@54=89 187=5A, A8AB5<K >1@07>20=8O 8 ?5@5?>43>B>2:8. "0:, @50;87C5BAO ?@>3@0<<0 -;5:B@>==K5 3@0640=5, M;5:B@>==K9 187=5A, M;5:B@>==>5 ?@028B5;LAB2>. !B@0B538G5A:0O :>=F5?F8O >1A;C6820=8O >1I5AB20 2 8=D>@<0F8>==CN M?>EC. 5 >A=>2=0O F5;L 70:;NG05BAO 2 0=0;875 8 :>=:@5B870F88 ?@>F5AA0 ?5@5E>40 : ?@028B5;LAB2C 8=D>@<0F8>==>3> 25:0.  ?@>3@0<<5 @0AA<0B@820NBAO A;54CNI85 2>?@>AK: AB@C:BC@0 8 A>AB02 CA;C3, :>B>@K5 =5>1E>48<> @50;87>20BL 4;O @O4>2KE ?>B@518B5;59 8 =5?@028B5;LAB25==KE >@30=870F89; @0AH8@5=85 A?5:B@0 ?@54>AB02;O5<KE A5@28A>2; >15A?5G5=85 ?>;=>3> >E20B0 3@0640= 8 =0A5;5=8O ?@028B5;LAB25==K<8 CA;C30<8; @048:0;L=>5 C;CGH5=85 8A?>;L7>20=8O 8=D>@<0F88; >?@545;5=85 :>=:@5B=KE <5@ ?> >ACI5AB2;5=8N 2A5E =5>1E>48<KE 87<5=5=89. > ?@>3=>70< A?5F80;8AB>2, 5A;8 B5<?K @>AB0 8A?>;L7>20=8O !5B8 2 AB@0=5 >AB0=CBAO =0 ?@56=5< C@>2=5, 5;8:>1@8B0=8O 2 A:>@>< 2@5<5=8 A>740AB =081>;55 A>2@5<5==>5 M;5:B@>==>5 ?@028B5;LAB2>.  4@C38E AB@0=0E B0:65 70<5B=K ?5@5<5=K 2 MB>9 >1;0AB8.  A?0=88 AB0; @07@010BK20BLAO ?@>5:B Vereda, 2 :>B>@>< 3>AC40@AB2> ?@54;0305B =0A5;5=8N 8=D>@<0F8>==K5 CA;C38 G5@57 8=B5@0:B82=K5 B5@<8=0;K, @07<5I5==K5 2 >1I5AB25==KE <5AB0E, 2>A?>;L7>202H8AL :>B>@K<8 <>6=> ?>;CG8BL 8=D>@<0F8N ?> AB@0E>20=8N, D8=0=A>2K< CA;C30< 8 2 AD5@5 3>AC40@AB25==>3> C?@02;5=8O.  0=045 2 A>>B25BAB288 A ?@>3@0<<>9 Government Online, =0 :>B>@CN 2K45;5=> 101 <;=. 0<5@. 4>;;., 2A5 ?@028B5;LAB25==K5 CA;C38 =0<5G5=> ?5@525AB8 2 =B5@=5B : :>=FC 2004 3>40. 0 D>=5 MB>3> 2 AB@0=5 254CBAO 48A:CAA88 ?> 2>?@>AC >?@545;5=8O F5=K 3>AC40@AB25==>9 8=D>@<0F88. 5:>B>@K5 AG8B0NB, GB> 55 A;54C5B ?>4@0745;8BL =0 A;54CNI85 284K: 8=D>@<0F8O, 8A?>;L7C5<0O H8@>:>9 ?C1;8:>9 (=0?@8<5@, @07=>3> @>40 A?@02>G=8:8, ?@028B5;LAB25==K5 @5H5=8O) 8 8=D>@<0F8O, :>B>@0O ?>;L7C5BAO 2 F5;>< >3@0=8G5==K< A?@>A>< (8AA;54>20B5;LA:0O, B5E=8G5A:0O). =D>@<0F8O ?5@2>3> 2840, ?> 8E <=5=8N, 4>;6=0 1KBL 4>ABC?=0 15A?;0B=>, 70 8=D>@<0F8N, >B=>AOICNAO :> 2B>@><C 284C, =C6=> ?;0B8BL, ?>A:>;L:C 55 ?>41>@ 8 >D>@<;5=85 B@51CNB >?@545;5==KE 70B@0B. @58<CI5AB20, ?>;CG05<K5 3>AC40@AB2>< 8 >1I5AB2>< 2 F5;>< 2 E>45 8=D>@<0F8>==>9 @52>;NF88, 25AL<0 O@:> 1K;8 ?@>45<>=AB@8@>20=K =0 52@>?59A:>9 B5;5:><<C=8:0F8>==>9 2KAB02:5  Telecom Interactive , ?@>E>482H59 2 5=525 2 A5=BO1@5 1997 3>40.1 >;LH>5 2=8<0=85 =0 =59 C45;O;>AL, 2 G0AB=>AB8, ?5@A?5:B820< @0728B8O A5B59 10=:>2A:8E 02B><0B>2, M;5:B@>==KE ?C1;8:0F89, 48709=0 8 ?@>872>4AB20 A ?><>ILN :><?LNB5@0, @01>BK =0 4><C, 02B><0B8G5A:>3> D>@<8@>20=8O 70:07>2 =0 B>20@K 8 CA;C38. 0: 2KOA=8;>AL, ?@0:B8G5A:8 2A5 :><?0=88 =0 40==K9 <><5=B 0:B82=> 8A?>;L7CNB 4>AB865=8O 2 >1;0AB8 B5;5:><<C=8:0F89 4;O =0;06820=8O 1>;55 B5A=KE A2O759 A ?>B@518B5;O<8 8 :;85=B0<8 2 @0<:0E ?@>3@0<< ?>2KH5=8O :0G5AB20 >1A;C6820=8O. 2>=:8 >B ?>B@518B5;59 ?> 15A?;0B=><C B5;5D>=C >:070;8AL >A>15==> 206=K 4;O >BA;56820=8O :0G5AB20 ?@54>AB02;O5<KE B>20@>2 8 CA;C3, ?>;CG5=8O =>2KE 70:07>2. "0:>3> @>40 4>?>;=8B5;L=K5 CA;C38 A<>3;8 7=0G8B5;L=> ?>2KA8BL 708=B5@5A>20==>ABL ?>B5=F80;L=KE :;85=B>2, 40;8 =>2K5 H0=AK :><?0=8O< 2 :>=:C@5=B=>9 1>@L15. "5<0B8:0 2KAB02:8 A8<2>;878@>20;0 B0:65 =0<5B82H89AO ?5@5E>4 : A>F80;L=>9 >@85=B0F88 2 40;L=59H5< @0728B88 B5;5:><<C=8:0F89: 1>;LH>9 ?>?C;O@=>ABLN ?>;L7>20;8AL AB5=4K, ?>A2OI5==K5 B5;5<548F8=5 8 2>7<>6=>ABO< :>=AC;LB0F88 A <8@>2K<8 <548F8=A:8<8 1070<8 40==KE, 48AB0=F8>==><C >1@07>20=8N 8 <C;LB8<5489=><C 8=B5@0:B82=><C >1CG5=8N, ?@>2545=8N B5;5?@>406 8 2845>:>=D5@5=F89.  F5;>< 1K;> >B<5G5=>, GB> 2A5 MB8 =0?@02;5=8O AB0;8 AB@5<8B5;L=> @072820BLAO, 0 A?@>A =0 =8E - =5C:;>==> @0AB8. #65 : 1997 3>4C 2 =B5@=5B5 <>6=> 1K;> =09B8 A2545=8O > 189 ?@>5:B0E 2 >1;0AB8 B5;5<548F8=K, 87 :>B>@KE 160 @07@010BK20;>AL 2 !(, 11 - 2 AB@0=0E 2@>?K. ;02=>9 F5;LN ?@>5:B>2 AB0;> @0728B85 B5;5<548F8=K, GB> ?>72>;8;> 1K >4=>2@5<5==> @5H0BL @O4 0:BC0;L=KE A>F80;L=KE 8 <548F8=A:8E ?@>1;5<. >-?5@2KE, ?0F85=BK 87 @07;8G=KE @538>=>2 AB@0=K, <8@0 =0 <5AB5 8 2 B5G5=85 :>@>B:>3> ?@><56CB:0 2@5<5=8 <>3;8 1K 2>A?>;L7>20BLAO :>=AC;LB0F859 :20;8D8F8@>20==KE A?5F80;8AB>2, 2?;>BL 4> >@30=870F88 2 A;CG05 =5>1E>48<>AB8 :>=A8;8C<0 2@0G59 87 @07=KE :;8=8:, 3>@>4>2 8 AB@0=. >-2B>@KE, 2A5 2@0G8 ?>;CG8;8 1K 2>7<>6=>ABL ?>AB>O==>3> >7=0:><;5=8O A B5:CI59 8=D>@<0F859 > ;5:0@AB20E, <5B>40E 4803=>AB8:8 8 ;5G5=8O, ?>A;54=8E 4>AB865=8OE =0C:8 8 ?@0:B8:8. >?CB=> 2 ?@>5:B0E AB028BAO 7040G0 A>740=8O 548=KE :;0AA8D8:0F89, A2>53> @>40 B>;:>2>3> A;>20@O B5@<8=>2 8 ?>=OB89, A>72CG=KE A >1I5?@8=OBK<8 <564C=0@>4=K<8 ?@54AB02;5=8O<8. <5AB5 A B5< >1>AB@8;8AL AB0@K5 8 ?>O28;8AL =>2K5 ?@>1;5<K, B@51CNI85 A:>@59H53> @5H5=8O >B <8@>2>3> A>>1I5AB20. !@548 =8E: =0<5B82H89AO F8D@>2>9 @07@K2 :0: <564C AB@0=0<8, B0: 8 2 @0<:0E >B45;L=>3> 3>AC40@AB20, A>1;N45=85 A2>1>4K A;>20, 70I8B0 8=B5@5A>2 =0F8>=0;L=KE <5=LH8=AB2 8 ?>4@0AB0NI53> ?>:>;5=8O, =0F8>=0;L=>3> :C;LBC@=>3> =0A;548O 8 O7K:0 2 =>2KE CA;>28OE, ?@>B82>AB>O=85 :C;LBC@=>9 M:A?0=A88 4@C38E AB@0=, >E@0=0 8=B5;;5:BC0;L=>9 A>1AB25==>AB8, 1>@L10 A :><?LNB5@=K<8 8 2KA>:>B5E=>;>38G=K<8 ?@5ABC?;5=8O<8, 0 B0:65 2>?@>AK F5=7C@K 2 3;>10;L=KE :><?LNB5@=KE A5BOE. ;O >1AC645=8O MB8E 8 4@C38E 0:BC0;L=KE 2>?@>A>2 1K;0 >@30=87>20=0 5-O 2@>?59A:0O :>=D5@5=F8O <8=8AB@>2 ?> ?>;8B8:5 2 >1;0AB8 A@54AB2 <0AA>2>9 8=D>@<0F88, ?@>E>482H0O 11-12 45:01@O 1997 3>40 2 !0;>=8:0E.  E>45 :>=D5@5=F88 <8=8AB@K 3>AC40@AB2 ?>4G5@:=C;8 AB@5<;5=85 A>459AB2>20BL 2:;04C =>2KE 8=D>@<0F8>==KE B5E=>;>389 2 @0728B85 ?@02 G5;>25:0 8 45<>:@0B88 =0 >1I552@>?59A:>< C@>2=5 8 2K@078;8 65;0=85, GB>1K :064K9 <>3 ?>;L7>20BLAO M:>=><8G5A:8<8, B5E=8G5A:8<8 8 A>F80;L=K<8 2>7<>6=>ABO<8, ?@54>AB02;O5<K<8 MB8<8 B5E=>;>38O<8 8 A;C610<8. AC645=85 ?>;CG8;> 2AO:>5 8A?>;L7>20=85 =>2KE B5E=>;>389 4;O @0A?@>AB@0=5=8O :0:>9-;81> 845>;>388 8;8 4;O >ACI5AB2;5=8O :0:>9-;81> 45OB5;L=>AB8, =5A>2<5AB8<>9 A 45<>:@0B8G5A:8<8 F5==>ABO<8, 8 1K;0 2K@065=0 3>B>2=>ABL 1>@>BLAO A B0:>3> @>40 ?>?KB:0<8. K;> B0:65 >B<5G5=>, GB> 3>AC40@AB20, @02=> :0: ?>AB02I8:8, >?5@0B>@K 8 ?>;L7>20B5;8 =>2KE :><<C=8:0F8>==KE 8 8=D>@<0F8>==KE A;C61 =5ACB >A>1CN >B25BAB25==>ABL 70 @8A:8, :>B>@K5 <>3CB 2>7=8:=CBL ?@8 8A?>;L7>20=88 =>2KE B5E=>;>389 2 @07;8G=KE AD5@0E.  8B>35 ?> 70B@>=CBK< =0 :>=D5@5=F88 2>?@>A0< 1K;8 2K@01>B0=K A;54CNI85 4>3>2>@5==>AB8, 70D8:A8@>20==K5 2 @57>;NF88 ;8O=85 =>2KE :><<C=8:0F8>==KE B5E=>;>389 =0 ?@020 G5;>25:0 8 45<>:@0B8G5A:85 F5==>AB8: >ABC? : =>2K< :><<C=8:0F8>==K< 8 8=D>@<0F8>==K< A;C610< ( >AC40@AB20-CG0AB=8:8 >1O7CNBAO A?>A>1AB2>20BL, 157 :0:>9-;81> 48A:@8<8=0F88, @0728B8N 8 8A?>;L7>20=8N =>2KE B5E=>;>389 8 =>2KE 8=D>@<0F8>==KE 8 :><<C=8:0F8>==KE A;C61 (!) 8, 345 MB> ?@8<5=8<>, - @53C;8@CNI8E =>@< A B5<, GB>1K ?@845@6820BLAO B@51>20=89 ?@8=F8?0 C=825@A0;L=>9 >1I5AB25==>9 A;C61K.  MB>9 A2O78, 0 B0:65 8AE>4O 87 @07;8G=KE =0F8>=0;L=KE 8 @538>=0;L=KE CA;>289 8 @5AC@A>2, 3>AC40@AB20-CG0AB=8:8 >1O7CNBAO: - @07@01>B0BL @0<:8 4>ABC?0 =0A5;5=8O : :><<C=8:0F8>==K< A5BO< 8 ! =0 C=825@A0;L=>9 >A=>25, B> 5ABL =57028A8<> >B <5AB0 68B5;LAB20, ?> 4>ABC?=>9 F5=5, =0 8=48284C0;L=>< 8/8;8 :>;;5:B82=>< C@>2=5; - >?@545;8BL =0 =0F8>=0;L=><, @538>=0;L=>< 8;8 <5AB=>< C@>2=5 >A=>2=K5 A;C61K, 2 >A>15==>AB8 2 >1;0AB8 8=D>@<0F88, >1@07>20=8O 8 :C;LBC@K, : :>B>@K< 4>;6=K 8<5BL 4>ABC? 2A5 G0AB=K5 ;8F0; - @072820BL ?>43>B>2:C >1I5AB25==>AB8 2 45;5 87CG5=8O, ?>=8<0=8O 8 8A?>;L7>20=8O !. ( >AC40@AB20-CG0AB=8:8 >1O7CNBAO ?@54CA<0B@820BL, GB>1K 1K; >15A?5G5= A?@0254;82K9 8 =548A:@8<8=0F8>==K9 4>ABC? 4;O 2A5E ?>AB02I8:>2 8 >?5@0B>@>2 25I0=8O 8 :><<C=8:0F8>==KE A;C61 : =>2K< B5;5:><<C=8:0F8>==K< B5E=>;>38O< 8 A5BO<. !2>1>40 A;>20 8 8=D>@<0F88 ( >AC40@AB20-CG0AB=8:8, 2 A>>B25BAB288 A ?@8=F8?0<8 AB0BL8 10 2@>?59A:>9 :>=25=F88 > ?@020E G5;>25:0, >1O7CNBAO 30@0=B8@>20BL 8 @0AH8@OBL A2>1>4C A;>20 8 8=D>@<0F88 8 A>1;N45=85 6C@=0;8ABA:8E A2>1>4 2 AD5@5 ! :0: =0 =0F8>=0;L=><, B0: 8 =0 B@0=A3@0=8G=>< C@>2=OE 70:>=>40B5;L=K<8, 04<8=8AB@0B82=K<8 8;8 8=K<8 A@54AB20<8. ( >AC40@AB20-CG0AB=8:8 >1O7CNBAO A>459AB2>20BL ?@54>AB02;5=8N >1I5AB25==>AB8 8=D>@<0F88, :>B>@>9 @0A?>;030NB >@30=K 3>AC40@AB25==>9 2;0AB8 :0: =0 =0F8>=0;L=><, B0: 8 =0 <5AB=>< C@>2=OE, G5@57 ! - ?@8 4>;6=>< C2065=88 4@C38E ?@02 8 70:>==KE 8=B5@5A>2, 2 B> 65 2@5<O A;54O 70 B5<, GB>1K MBC 8=D>@<0F8N <>6=> 1K;> ?>;CG0BL 8 8=K<8 A?>A>10<8. C;LBC@=>5 <=>3>>1@0785 ( >AC40@AB20-CG0AB=8:8 A>3;0A=K A>459AB2>20BL 8 ?>>I@OBL 8A?>;L7>20=85 =>2KE B5;5:><<C=8:0F8>==KE B5E=>;>389 4;O A>740=8O 8 @0A?@>AB@0=5=8O B2>@G5A:8E ?@>872545=89 52@>?59A:>3> ?@>8AE>645=8O, 2 >A>15==>AB8 2 >1;0AB8 :C;LBC@K 8 >1@07>20=8O, 2 @0<:0E =>2KE :><<C=8:0F8>==KE 8 8=D>@<0F8>==KE A;C61, >15A?5G820O A>>B25BAB2CNICN 70I8BC ?@02>>1;040B5;59. ( >AC40@AB20-CG0AB=8:8 A>3;0A=K @0AH8@OBL 8;8 ?>>I@OBL :C;LBC@=K5 >1<5=K <564C 52@>?59A:8<8 AB@0=0<8 8 @538>=0<8 G5@57 ! A B5<, GB>1K C;CGH0BL 7=0=85 8 ?>=8<0=85 @07=>>1@078O 52@>?59A:>9 :C;LBC@K. 0A?@>AB@0=5=85 45<>:@0B8G5A:8E F5==>AB59 8 A>1;N45=85 ?@02 G5;>25:0 ( >AC40@AB20-CG0AB=8:8 >1O7CNBAO @072820BL 8A?>;L7>20=85 =>2KE B5E=>;>389 8 ! A F5;LN: - >15A?5G8BL ;CGHCN 70I8BC ?@02 G5;>25:0, 2 G0AB=>AB8 ?CB5< @0A?@>AB@0=5=8O 8=D>@<0F88 > A>>B25BAB2CNI8E 8=AB@C<5=B0E 8 <5E0=87<0E 2 MB>9 >1;0AB8; - 1;03>?@8OBAB2>20BL CG0AB8N >B45;L=KE ;8F 2 >1I5AB25==>9 687=8 :0: =0 =0F8>=0;L=><, B0: 8 <5AB=>< 8 @538>=0;L=>< C@>2=OE. ><8<> MB>3> 3>AC40@AB20-CG0AB=8:8 27O;8 =0 A51O B0:65 >1O70B5;LAB2>, GB>1K 8E =0F8>=0;L=>5 70:>=>40B5;LAB2> 8;8 04<8=8AB@0B82=K5 =>@<K, >B=>AOI85AO : =>2K< B5E=>;>38O< 8 =>2K< 8=D>@<0F8>==K< 8 :><<C=8:0F8>==K< A;C610<, 30@0=B8@>20;8 C2065=85 ?@02 G5;>25:0 8 45<>:@0B8G5A:8E F5==>AB59, :0: MB> 70:@5?;5=> 2 2@>?59A:>9 :>=25=F859 > ?@020E G5;>25:0 8 4@C38E 4>:C<5=B0E !>25B0 2@>?K.  B> 65 2@5<O ?@>8AE>4OB 40;L=59H85 87<5=5=8O 8 2 A0<>9 8=D>@<0F8>==>9 AD5@5.  1997 3>4C >@30=870F8O 8 ?@>2545=85 2845>:>=D5@5=F89 AB0;8 AB0=40@B=K< 8 4>ABC?=K< 284>< B5;5:><<C=8:0F8>==>3> A5@28A0, GB> ?@825;> : ACI5AB25==><C 87<5=5=8N A>AB020 8E ?>;L7>20B5;59.  G0AB=>AB8, >4=>9 87 =081>;55 0:B82=KE AB0;0 3@C??0 ?>;L7>20B5;59, >1@07>20==0O ?@54AB028B5;O<8 =0CG=>3> 8 >1@07>20B5;L=>3> A>>1I5AB2. 7<5=5=85 A>AB020 ?>;L7>20B5;59 A8AB5< 2845>:>=D5@5=F89, 2 A2>N >G5@54L, ACI5AB25==K< >1@07>< A:070;>AL =0 ?@54JO2;O5<KE : MB8< A8AB5<0< B@51>20=8OE 8, :0: A;54AB285, =0 B5=45=F8OE 8E 40;L=59H53> @0728B8O. 5<0;>206=K< O2;O5BAO 8 B>B D0:B, GB> 2845>:>=D5@5=F88 AB0;8 @0AA<0B@820BLAO ?@58<CI5AB25==> =5 2 :0G5AB25 87>;8@>20==>3> 2840 A5@28A0, 0 :0: G0ABL >1I59 A8AB5<K :><?LNB5@=>3> >15A?5G5=8O @01>BK B5@@8B>@80;L=> @0A?@545;5==KE :>;;5:B82>2. A=>2=K< B@51>20=85< 1K;> >15A?5G5=85 <0:A8<0;L=> MDD5:B82=>9 =0 B5E=8G5A:>< 8 >@30=870F8>==>< C@>2=5 8=B53@0F88 0C48>/2845><0B5@80;>2, ?>ABC?0NI8E >B <=>65AB20 8AB>G=8:>2 2 @568<5 @50;L=>3> 2@5<5=8, 2 548=CN ?@>3@0<<C, 4>ABC?=CN B0:65 2 MB>< @568<5 H8@>:><C :@C3C 708=B5@5A>20==KE 2 =59 ;N459.  ?@8<5@C, MB> <>65B 1KBL <5@>?@8OB85, 8=D>@<0F8>==K9 :0=0; :>B>@>3> ?@54?>;0305B >1J548=5=85 =5A:>;L:8E :@C?=KE :>=D5@5=F89, ?@>E>4OI8E 2 >4=> 8 B> 65 2@5<O 2 @07;8G=KE G0ABOE <8@0. =0G8B5;L=K5 CA8;8O, =0?@02;5==K5 =0 C4>2;5B2>@5=85 2KH5C:070==>3> 8 @O40 4@C38E B@51>20=89, 1K;8 ?@54?@8=OBK 2 1996-98 3>40E 2 ?@>F5AA5 @07@01>B:8 8 ?>A;54CNI59 @50;870F88 ?@>5:B0  NICE ?@>3@0<<K ACTS (Advanced Communications Technologies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net), /@>A;02A:8< 3>AC40@AB25==K< C=825@A8B5B>< (#=825@A8B5BA:89 F5=B@ =B5@=5B) 8 564C=0@>4=K< B5;5:><<C=8:0F8>==K< F5=B@><, @0A?>;>65==K< 2 >2>A818@A:5.  8B>35 @01>B0 @>AA89A:8E >@30=870F89 2 A>AB025 ?@>5:B=>3> :>;;5:B820 A?>A>1AB2>20;> 2=54@5=8N =>2KE B5E=>;>389 2 ?@>2545=85 2845>:>=D5@5=F89 2 =0H59 AB@0=5 8 >15A?5G8;> 0:B82=>5 CG0AB85 >AA88 1>;55 G5< 2 10 :@C?=KE <564C=0@>4=KE <5@>?@8OB8OE, ?@>2545==KE A 8E 8A?>;L7>20=85<. >AB>9=K< ?@8<5@>< <>65B A;C68BL @0A?@545;5==>5 <5@>?@8OB85 Global 360, 3;02=0O @>;L :>B>@>3> 70:;NG0;0AL 2  @0AH8@5=88 <564C=0@>4=>3> :>=3@5AA0  Information Society Technologies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alt Disney 2 1995 3>4C D8@<K  !apital Cities/ABC , @57C;LB0B>< :>B>@>3> AB0;> >1@07>20=85 A0<>9 :@C?=>9 2 <8@5 :><?0=88 2 @072;5:0B5;L=>< 187=5A5. >-2B>@KE, ?@>8AE>48B A;8O=85 :><?0=89, 2;045NI8E @07;8G=K<8 G0ABO<8 8=D>@<0F8>==>9 8=4CAB@88: ?@>872>48B5;59 :><?LNB5@=>9 B5E=8:8, ?@>3@0<<=>3> >15A?5G5=8O, A8AB5< :015;L=>3> 25I0=8O, A?CB=8:>2>9 8 <>18;L=>9 A2O78. ;02=>9 F5;LN ?>4>1=KE >1J548=5=89 O2;O5BAO C25;8G5=85 :0?8B0;0 8 ?>2KH5=85 70 AG5B MB>3> :>=:C@5=B>A?>A>1=>AB8. "0:, :>@?>@0F8O  Microsoft 8 0<5@8:0=A:0O B5;5A5BL NBC >1JO28;8 2 1995 3>4C > A>2<5AB=>< ?@>872>4AB25 <C;LB8<5489=>9 ?@>4C:F88 8 CA;C3 (:><?0:B-48A:>2, 8=B5@0:B82=KE CA;C3) 4;O =>2>9 A5B8 >=-;09=>2A:8E CA;C3  Microsoft Network . B25B=K< H03>< 55 :>=:C@5=B0, :><?LNB5@=>3> 3830=B0 IBM, AB0;> ?@8>1@5B5=85 :>@?>@0F88  Lotus Development , 8<5NI59 ;CGH85 @07@01>B:8 2 >1;0AB8 ?@>3@0<<=>3> >15A?5G5=8O 4;O ?5@A>=0;L=KE :><?LNB5@>2 =0 40==K9 ?5@8>4. 5@2>=0G0;L=> @C:>2>4AB2> :><?0=88 IBM ?;0=8@>20;> 2K45;8BL =5A:>;L:> <8;;8>=>2 4>;;0@>2 4;O @07@01>B:8 ?@>4C:B0, 0=0;>38G=>3> ?@>3@0<<=><C >15A?5G5=8N D8@<K  Lotus . > =58725AB=>, A:>;L:> 1K 2@5<5=8 ?>B@51>20;>AL =0 53> A>740=85, ?>MB><C 1K;> ?@8=OB> @5H5=85 :C?8BL :><?0=8N  Lotus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e-Europe), >A=>2=>9 F5;LN :>B>@>9 O2;O5BAO CA:>@5=85 42865=8O 2@>?K : 8=D>@<0F8>==><C >1I5AB2C 8 A5B52>9 M:>=><8:5. 5 :;NG52K5 F5;8 A>AB>OB 2 A;54CNI5<: ( >15A?5G8BL :064>9 H:>;5, :064><C ?@54?@8OB8N, :064><C 3@0640=8=C 2KE>4 2 >=-;09=>2CN A@54C; ( ?>445@6820BL @0A?@>AB@0=5=85 52@>?59A:>9 :C;LBC@K G5@57 A>740=85 F8D@>2>9 ;8B5@0BC@K, D8=0=A8@>20=85 8 @0728B85 =>2KE 8459; ( 30@0=B8@>20BL A>F80;L=CN =0?@02;5==>ABL 8=D>@<0F8>==><C >1I5AB2C, A>459AB2>20BL @>ABC 4>25@8O 3@0640= : 3>AC40@AB2C 8 C:@5?;5=8N A>F80;L=>3> A>3;0A8O. @>3@0<<0 -;5:B@>==0O 2@>?0 A:>=F5=B@8@>20=0 =0 10 :;NG52KE >1;0ABOE, 2 :>B>@KE <>3CB 1KBL ?@54?@8=OBK A>>B25BAB2CNI85 459AB28O: =0;8G85 4>ABC?0 2 =B5@=5B 8 : <C;LB8<5480 2> 2A5E H:>;L=KE :;0AA0E; C45H52;5=85 ?>;L7>20=8O =B5@=5B><; CA:>@5=85 2=54@5=8O M;5:B@>==>9 B>@3>2;8; @0728B85 2KA>:>A:>@>AB=>3> 4>ABC?0 4;O 8AA;54>20B5;59 8 ABC45=B>2; 8A?>;L7>20=85 A<0@B-:0@B 4;O 157>?0A=>AB8 M;5:B@>==>3> 4>ABC?0; 87KA:0=85 @8A:>2>3> :0?8B0;0 4;O <0;KE 8 A@54=8E ?@54?@8OB89, 459AB2CNI8E 2 AD5@5 2KA>:8E B5E=>;>389; 2>2;5G5=85 2 M;5:B@>==>5 A>>1I5AB2> =5B@C4>A?>A>1=KE 3@0640=; B5;5<548F8=0; 8=B5;;5:BC0;870F8O B@0=A?>@B0; M;5:B@>==>5 ?@028B5;LAB2> (e-Government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nterG>v - 1J548=5==K5 =0F88 =B5@=5B, 3;02=>9 F5;LN :>B>@>9 O2;O5BAO AB0=>2;5=85 <8@>2>3> =B5@=5B-A>>1I5AB20. -B0 >@30=870F8O B0:65, :0: 8 , 8<55B A2>8 ?@54AB028B5;LAB20 2> <=>38E AB@0=0E, :>B>@K5 70=8<0NBAO A1>@>< 8=D>@<0F88 > @0728B88 =B5@=5B0, 0=0;87>< A8BC0F88 2 F5;><, ?><>30O ;N4O< ;CGH5 >@85=B8@>20BLAO 2 28@BC0;L=>< ?@>AB@0=AB25. "0:8< >1@07><, 2> 2B>@>9 ?>;>28=5 90-E 3>4>2 ?@>87>H;8 @048:0;L=K5 A42838 2 @0728B88 8=D>@<0F8>==>3> >1I5AB20. > 2<5AB5 A B5< 2 MB>B ?5@8>4 =5 @07@5H8;8AL AB0@K5 8 >1>7=0G8;8AL =>2K5 ?@>1;5<K 2 MB>9 >1;0AB8. 8@>2>5 A>>1I5AB2> 2A5 2 1>;LH59 <5@5 >A>7=020;> 206=>ABL 8=D>@<0F8>==>3> 27@K20, 53> ?@58<CI5AB2 8 >?0A=>AB59. 2.3 :8=02A:0O %0@B8O 3;>10;L=>3> 8=D>@<0F8>==>3> >1I5AB20 8 @50;870F8O 55 ?>;>65=89 !B@5<8B5;L=>5 @0728B85 =>2KE 8=D>@<0F8>==KE 8 B5;5:><<C=8:0F8>==KE B5E=>;>389 ?@8>1@5B05B A53>4=O E0@0:B5@ 3;>10;L=>9 8=D>@<0F8>==>9 @52>;NF88, :>B>@0O 70B@038205B 2A5 AD5@K 687=545OB5;L=>AB8 >1I5AB20 - ?>;8B8:C, M:>=><8:C, C?@02;5=85, D8=0=AK, =0C:C, :C;LBC@C, <564C=0@>4=K5 >B=>H5=8O 2 F5;><. =D>@<0F8>==K5 @5AC@AK AB0=>2OBAO >4=8< 87 F5==59H8E M;5<5=B>2 :0: =0F8>=0;L=>3>, B0: 8 >1I5G5;>25G5A:>3> 4>AB>O=8O. 57C;LB0B>< @072>@0G820NI59AO 8=D>@<0F8>==>9 @52>;NF88 AB0=>28BAO D>@<8@>20=85 =>2>9 M:>=><8:8 8 =>2>3> B8?0 >1I5AB20 - 8=D>@<0F8>==>3>. @>3@5AA 2 >1;0AB8 =>2KE 8=D>@<0F8>==KE B5E=>;>389 >B:@K205B >3@><=K5 2>7<>6=>AB8 4;O @5H5=8O @07=>3> @>40 M:>=><8G5A:8E, A>F80;L=KE ?@>1;5<, >4=0:> 40;5:> =5 2A5 G5;>25G5AB2> A53>4=O A?>A>1=> 8<8 2>A?>;L7>20BLAO: 4,8 <8;;80@40 ;N459 87 6 <8;;80@4>2 682CB 2 154=>AB8, 5I5 2 <8;;80@40 : MB><C G8A;C 4>1028BAO 2 B5G5=85 A;54CNI8E 50 ;5B.  B> 2@5<O :0: 8=B5;;5:BC0;L=0O M;8B0 8 0=0;8B8:8 >1AC640NB ?5@A?5:B82K D>@<8@>20=8O 3;>10;L=>3> 8=D>@<0F8>==>3> >1I5AB20, B@5BL =0A5;5=8O ?;0=5BK =0 A0<>< 45;5 =8:>340 =5 ?>;L7>20;8AL ?@>ABK< B5;5D>=><. >;LH5 B>3>, 15A?@5F545=B=>5 CA:>@5=85 8=D>@<0F8>==>-B5E=>;>38G5A:8E ?@>F5AA>2 =5 B>;L:> 70:@5?;O5B ACI5AB2CNI89 @07@K2 <564C AB@0=0<8 B.=. 7>;>B>3> <8;;80@40 8 >AB0;L=K< <8@><, => 8 A :064K< 4=5< 7=0G8B5;L=> 53> C25;8G8205B. >4>1=>5 ?>;>65=85 45; 2K7K205B A5@L57=K5 >?0A5=8O, 2 G0AB=>AB8 C ;845@>2 AB@0= 1>;LH>9 2>AL<5@:8, :>B>@K5 AG8B0NB, GB> :064K9 G5;>25: 4>;65= 8<5BL 2>7<>6=>ABL ?>;L7>20BLAO B5<8 1;030<8, :>B>@K5 ?@54>AB02;O5B 3;>10;L=>5 8=D>@<0F8>==>5 >1I5AB2>. <5==> >1 MB>< 3>2>@8BAO 2 %0@B88 3;>10;L=>3> 8=D>@<0F8>==>3> >1I5AB20, ?@8=OB>9 8<8 =0 A0<<8B5 22 8N;O 2000 3>40 =0 :8=025. >4G5@:820O =5>1E>48<>ABL A>:@0I5=8O @07@K20 2 4>ABC?5 : 8=D>@<0F8>==K< B5E=>;>38O< <564C @0728BK<8 8 @072820NI8<8AO AB@0=0<8, CG0AB=8:8 A0<<8B0 2K@078;8 C25@5==>ABL, GB> A>;84=0O >A=>20 ?>;8B8:8 8 459AB289 2 8=D>@<0F8>==>9 AD5@5 A?>A>1=0 87<5=8BL <5B>4K 2708<>459AB28O AB@0= ?> ?@>42865=8N A>F80;L=>3> 8 M:>=><8G5A:>3> ?@>3@5AA0 2> 2A5< <8@5. K;> B0:65 >B<5G5=>, GB> MDD5:B82=>5 ?0@B=5@AB2> A@548 CG0AB=8:>2, 2:;NG0O A>2<5AB=>5 ?>;8B8G5A:>5 A>B@C4=8G5AB2>, O2;O5BAO >4=8< 87 :;NG52KE M;5<5=B>2 @0F8>=0;L=>3> @0728B8O 8=D>@<0F8>==>3> >1I5AB20. @8 MB>< 3;02=0O 7040G0 70:;NG05BAO =5 B>;L:> 2 AB8<C;8@>20=88 8 A>459AB288 ?5@5E>4C : 8=D>@<0F8>==><C >1I5AB2C, => B0:65 8 2 ?>;=>9 @50;870F88 53> M:>=><8G5A:8E, A>F80;L=KE 8 :C;LBC@=KE ?@58<CI5AB2. ;O 4>AB865=8O MB8E F5;59 1K;8 >?@545;5=K A;54CNI85 =0?@02;5=8O @01>BK: ( ?@>2545=85 M:>=><8G5A:8E 8 AB@C:BC@=KE @5D>@< 2 F5;OE A>740=8O >1AB0=>2:8 >B:@KB>AB8, MDD5:B82=>AB8, :>=:C@5=F88 8 8A?>;L7>20=8O =>2>22545=89, :>B>@K5 4>?>;=O;8AL 1K <5@0<8 ?> 040?B0F88 =0 @K=:0E B@C40, @0728B8N ;N4A:8E @5AC@A>2 8 >15A?5G5=8N A>F80;L=>3> A>3;0A8O; ( @0F8>=0;L=>5 C?@02;5=85 <0:@>M:>=><8:>9, A?>A>1AB2CNI55 1>;55 B>G=><C ?;0=8@>20=8N A> AB>@>=K 45;>2KE :@C3>2 8 ?>B@518B5;59, 8 8A?>;L7>20=85 ?@58<CI5AB2 =>2KE 8=D>@<0F8>==KE B5E=>;>389; ( @07@01>B:0 8=D>@<0F8>==KE A5B59, >15A?5G820NI8E 1KAB@K9, =0456=K9, 157>?0A=K9 8 M:>=><8G=K9 4>ABC? A ?><>ILN :>=:C@5=B=KE @K=>G=KE CA;>289 8 A>>B25BAB2CNI8E =>2>22545=89 : A5B52K< B5E=>;>38O<, 8E >1A;C6820=8N 8 ?@8<5=5=8N; ( @0728B85 ;N4A:8E @5AC@A>2, A?>A>1=KE >B25G0BL B@51>20=8O< 25:0 8=D>@<0F88, ?>A@54AB2>< >1@07>20=8O 8 ?>687=5==>3> >1CG5=8O 8 C4>2;5B2>@5=85 @0ABCI53> A?@>A0 =0 A?5F80;8AB>2 2 >1;0AB8 8=D>@<0F8>==KE B5E=>;>389 2> <=>38E A5:B>@0E M:>=><8:8; ( 0:B82=>5 8A?>;L7>20=85 8=D>@<0F8>==>-B5;5:><<C=8:0F8>==KE B5E=>;>389 2 3>AC40@AB25==>< A5:B>@5 8 A>459AB285 ?@54>AB02;5=8N 2 @568<5 @50;L=>3> 2@5<5=8 CA;C3, =5>1E>48<KE 4;O ?>2KH5=8O C@>2=O 4>ABC?=>AB8 2;0AB8 4;O 2A5E 3@0640=.1 K;> ?@87=0=>, GB> G0AB=K9 A5:B>@ 83@05B ACI5AB25==CN @>;L 2 @07@01>B:5 8=D>@<0F8>==KE 8 :><<C=8:0F8>==KE A5B59, D>@<8@>20=88 8 @0728B88 3;>10;L=>3> 8=D>@<0F8>==>3> >1I5AB20 2 F5;><. 4=0:> 7040G0 A>740=8O ?@54A:07C5<>9 8 =548A:@8<8=0F8>==>9 ?>;8B8:8 8 =>@<0B82=>9 107K, =5>1E>48<>9 4;O 8=D>@<0F8>==>3> >1I5AB20, ;568B =0 ?@028B5;LAB20E.  G0AB=>AB8, =5>1E>48<> GB>1K ?@028;0 8 ?@>F54C@K, 8<5NI85 >B=>H5=85 : 8=D>@<0F8>==>-B5;5:><<C=8:0F8>==K< B5E=>;>38O<, A>>B25BAB2>20;8 :>@5==K< 87<5=5=8O< 2 M:>=><8G5A:8E A45;:0E A CG5B>< ?@8=F8?>2 MDD5:B82=>3> ?0@B=5@AB20 <564C 3>AC40@AB20<8 8 G0AB=K< A5:B>@><.  F5;OE <0:A8<870F88 A>F80;L=>-M:>=><8G5A:>9 2K3>4K 8=D>@<0F8>==>3> >1I5AB20 CG0AB=8:8 A0<<8B0 A>3;0A8;8AL A> A;54CNI8<8 >A=>2=K<8 ?@8=F8?0<8 8 ?>4E>40<8 8 @5:><5=4>20;8 8E 4@C38< AB@0=0<: ( ?@>4>;65=85 A>459AB28O @0728B8N :>=:C@5=F88 8 >B:@KB8N @K=:>2 4;O 8=D>@<0F8>==>-:><<C=8:0F8>==KE B5E=>;>389, ?@>4C:F88 8 CA;C3, 2:;NG0O =548A:@8<8=0F8>==>5 8 >A=>20==>5 =0 70B@0B0E ?>4:;NG5=85 : >A=>2=KE B5;5:><<C=8:0F8O<; ( 70I8B0 ?@02 8=B5;;5:BC0;L=>9 A>1AB25==>AB8 =0 8=D>@<0F8>==K5 B5E=>;>388 8<55B 206=>5 7=0G5=85 4;O ?@>42865=8O =>2>22545=89, A2O70==KE A =8<8, @0728B8O :>=:C@5=F88 8 H8@>:>3> 2=54@5=8O =>2KE B5E=>;>389; 206=> 2=>2L ?>4B25@48BL >1O70B5;LAB2> ?@028B5;LAB2 8A?>;L7>20BL B>;L:> ;8F5=78@>20==>5 ?@>3@0<<=>5 >15A?5G5=85; ( @O4 CA;C3, 2:;NG0O B5;5:><<C=8:0F88, B@0=A?>@B, 4>AB02:C ?>AK;>:, 8<5NB 206=>5 7=0G5=85 4;O @072820NI53>AO 8=D>@<0F8>==>3> >1I5AB20 8 M:>=><8:8; ?>2KH5=85 8E MDD5:B82=>AB8 8 :>=:C@5=B>A?>A>1=>AB8 ?>72>;8B @0AH8@8BL ?@58<CI5AB20 8=D>@<0F8>==>3> >1I5AB20; B0<>65==K5 8 M:A?548B>@A:85 ?@>F54C@K B0:65 206=K 4;O @0728B8O 8=D>@<0F8>==KE AB@C:BC@; ( @0728B85 B@0=A3@0=8G=>9 M;5:B@>==>9 B>@3>2;8 ?CB5< A>459AB28O 40;L=59H59 ;815@0;870F88, C;CGH5=85 A5B59 8 A>>B25BAB2CNI8E CA;C3 8 ?@>F54C@ 2 :>=B5:AB5 65AB:8E @0<>: A5<8@=>9 B>@3>2>9 >@30=870F88 ("), ?@>4>;65=85 @01>BK 2 >1;0AB8 M;5:B@>==>9 B>@3>2;8 2 " 8 =0 4@C38E <564C=0@>4=KE D>@C<0E 8 ?@8<5=5=85 ACI5AB2CNI8E B>@3>2KE ?@028; " : M;5:B@>==>9 B>@3>2;5; ( ?>A;54>20B5;L=K5 ?>4E>4K : =0;>3>>1;>65=8N M;5:B@>==>9 B>@3>2;8, >A=>20==K5 =0 >1KG=KE ?@8=F8?0E, 2:;NG0O =548A:@8<8=0F8N, @02=>?@0285, C?@>I5==>ABL 8 ?@>G85 :;NG52K5 M;5<5=BK, A>3;0A>20==K5 2 :>=B5:AB5 @01>BK @30=870F88 M:>=><8G5A:>3> A>B@C4=8G5AB20 8 @0728B8O (-! ); ( ?@>4>;65=85 ?@0:B8:8 >A2>1>645=8O M;5:B@>==KE ?5@52>4>2 >B B0<>65==KE ?>H;8= 4> B5E ?>@, ?>:0 >=0 =5 1C45B @0AA<>B@5=0 2=>2L =0 A;54CNI59 <8=8AB5@A:>9 :>=D5@5=F88 "; ( ?@>4>;65=85 @K=>G=KE AB0=40@B>2, 2:;NG0O, =0?@8<5@, B5E=8G5A:85 AB0=40@BK DC=:F8>=0;L=>9 A>2<5AB8<>AB8; ( ?>2KH5=85 4>25@8O ?>B@518B5;O : M;5:B@>==K< @K=:0< 2 A>>B25BAB288 A @C:>2>4OI8<8 ?@8=F8?0<8 -! , 2 B>< G8A;5 ?>A@54AB2>< MDD5:B82=KE A0<>@53C;8@CNI8E 8=8F80B82, B0:8E :0: :>45:AK ?>2545=8O, <0@:8@>2:0, 4@C385 ?@>3@0<<K ?>4B25@645=8O =0456=>AB8, 8 87CG5=85 20@80=B>2 CAB@0=5=8O A;>6=>AB59, :>B>@K5 8A?KBK20NB ?>B@518B5;8 2 E>45 B@0=A3@0=8G=KE A?>@>2, 2:;NG0O 8A?>;L7>20=85 0;LB5@=0B82=KE <5E0=87<>2 @07@5H5=8O A?>@>2; ( @0728B85 MDD5:B82=>3> 8 7=0G8<>3> <5E0=87<0 70I8BK G0AB=>9 687=8 ?>B@518B5;O, 0 B0:65 70I8BK G0AB=>9 687=8 ?@8 >1@01>B:5 ;8G=KE 40==KE, >15A?5G820O ?@8 MB>< A2>1>4=K9 ?>B>: 8=D>@<0F88; ( 40;L=59H55 @0728B85 8 MDD5:B82=>5 DC=:F8>=8@>20=85 M;5:B@>==>9 845=B8D8:0F88, M;5:B@>==>9 ?>4?8A8, :@8?B>3@0D88 8 4@C38E A@54AB2 >15A?5G5=8O 157>?0A=>AB8 8 4>AB>25@=>AB8 >?5@0F89.1 #G0AB=8:8 A0<<8B0 2K@078;8 C25@5==>ABL 2 B><, GB> CA8;8O <564C=0@>4=>3> A>>1I5AB20, =0?@02;5==K5 =0 @0728B85 3;>10;L=>3> 8=D>@<0F8>==>3> >1I5AB20, 4>;6=K A>?@>2>640BLAO A>3;0A>20==K<8 459AB28O<8 ?> A>740=8N 157>?0A=>3> 8 A2>1>4=>3> >B ?@5ABC?=>AB8 :815@?@>AB@0=AB20.  @57C;LB0B5, 2 E>45 A0<<8B0 1K;> ?@8=OB> @5H5=85 @0AH8@8BL A>B@C4=8G5AB2> AB@0= 1>;LH>9 2>AL<5@:8 2 @0<:0E 8>=A:>9 3@C??K ?> B@0=A=0F8>=0;L=>9 >@30=87>20==>9 ?@5ABC?=>AB8. >4G5@:820;0AL B0:65 =5>1E>48<>ABL =09B8 MDD5:B82=K5 ?>;8B8G5A:85 @5H5=8O 0:BC0;L=KE ?@>1;5<, :0:, =0?@8<5@, ?>?KB:8 =5A0=:F8>=8@>20==>3> 4>ABC?0 8 :><?LNB5@=K5 28@CAK. 06=>5 <5AB> 2 @0725@=C2H8EAO 48A:CAA8OE 70=O; 2>?@>A > ?@5>4>;5=88 M;5:B@>==>-F8D@>2>3> @07@K20 2=CB@8 3>AC40@AB2 8 <564C =8<8. ;O @0AA<>B@5=8O 8 2K@01>B:8 1>;55 H8@>:>3> <564C=0@>4=>3> ?>4E>40 : @5H5=8N ?@>1;5<K @02=>3> 4>ABC?0 : =>2K< 8=D>@<0F8>==K< B5E=>;>38O< =0 A0<<8B5 1K;> ?@8=OB> @5H5=85 >1 CG@5645=88 @C??K ?> 2>7<>6=>ABO< 8=D>@<0F8>==KE B5E=>;>389 (Digital Opportunities Task Force, DOT Force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c F5;LN =02O7K20=8O A2>53> 2845=8O E0@0:B5@8AB8: ?@>B82=8:0, 53> >1@070, 8A?>;L7CO A>2@5<5==K5 8=D>@<0F8>==>-:><<C=8:0F8>==K5 B5E=>;>388. #A?5H=>ABL 8E @5H5=8O >AB05BAO >4=8< 87 >A=>2=KE D0:B>@>2, 2;8ONI8E =0 @0728B85 3;>10;L=>3> 8=D>@<0F8>==>3> >1I5AB20. !CI5AB25==>9 ?@>1;5<>9 2 @0<:0E <8@>2>3> 8=D>@<0F8>==>3> ?@>AB@0=AB20 O2;O5BAO =5?@>?>@F8>=0;L=>5 8A?>;L7>20=85 2>7<>6=>AB59 =B5@=5B0 8 8=D>@<0F8>==>-B5;5:><<C=8:0F8>==KE B5E=>;>389 2 F5;><. !>3;0A=> 40==K< :><?0=88 Nua Internet Surveys, 2 <05 2002 3>40 G8A;> ?>;L7>20B5;59 A5B8 ?> 2A5<C <8@C A>AB028;> 580,78 <;=. G5;>25:. 7 =8E 32 % ?@8E>48BAO =0 68B5;59 52@>?59A:8E AB@0=, 5I5 31,45 % - =0 !( 8 0=04C, >:>;> 29% - =0 AB@0=K " , ?@8<5@=> 6% - =0 AB@0=K 0B8=A:>9 <5@8:8. 0 D@8:C A 800 <8;;8>==K< =0A5;5=85< ?@8E>48BAO 2A53> ;8HL 1% >B >1I53> G8A;0 ?>;L7>20B5;59 A5B8 2 <8@5, ?@8G5< 90% 87 =8E ?@>6820NB 2 . . "0:8< >1@07><, 2>7<>6=>AB8 =B5@=5B0 8A?>;L7CNBAO A53>4=O ?@5645 2A53> 2 @0728BKE AB@0=0E: 5;8:>1@8B0=88, 5@<0=88, $@0=F88, !(, 0=045. >4>1=>5 ?>;>65=85 45; 2K7K205B A5@L57=K5 >?0A5=8O, ?>A:>;L:C 5A;8 @0728B85 A5B8 8 2 40;L=59H5< 1C45B ?@>8AE>48BL B0:65 =5@02=><5@=>, B> 70 1>@B>< <564C=0@>4=>9 :><<C=8:0F8>==>9 A8AB5<K >AB0=5BAO 7=0G8B5;L=0O G0ABL <8@>2>3> A>>1I5AB20, =5 8<5NI0O 4>ABC?0 : :><<C=8:0F8>==K< 8 :><?LNB5@=K< B5E=>;>38O<. "5@<8= F8D@>2>5 =5@025=AB2> (8;8 F8D@>2>9 @07@K2 - digital divide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ro Active International 8AA;54>20=85 28@BC0;L=>9 0C48B>@88 2 !( 8 2@>?5 ?>:070;>, GB> =0 A53>4=O F8D@>2>5 =5@025=AB2> A@548 @07;8G=KE A;>52 =0A5;5=8O E0@0:B5@=> 4;O AB@0= 0?04=>9 2@>?K 2 1>;LH59 AB5?5=8, G5< 4;O !( 8 0=04K. 0?@8<5@, 2 ?>A;54=8E =B5@=5B>< ?>;L7CNBAO C65 1>;55 50% 3@0640= AB0@H5 15 ;5B, 2 B> 2@5<O :0: 2 2@>?5 ;8HL 27%. !@548 >15A?5G5==KE ;N459 82% 0<5@8:0=F52 8A?>;L7CNB !5BL 2 A@02=5=88 A 51% 52@>?59F52. !>3;0A=> 2A5 B5< 65 40==K<, 2 !( =0 A53>4=OH=89 45=L 7=0G8B5;L=> A3;048;8AL @538>=0;L=K5 @07;8G8O 2 8A?>;L7>20=88 !5B8, 2 B> 2@5<O :0: 2 2@>?5 :>;8G5AB2> ;N459, 8<5NI8E 4>ABC? : =B5@=5BC 8 ?>;L7CNI8EAO 8<, 70<5B=> C<5=LH05BAO A A525@0 =0 N3.  ?@>2545==>< 8AA;54>20=88 B0:65 1K;0 >B<5G5=0 8 =0<5B82H0OAO 2>7@0AB=0O 48DD5@5=F80F8O 2 !>548=5==KE (B0B0E 8 52@>?59A:8E AB@0=0E. "0:, 2 !( 44% 3@0640= 2 2>7@0AB5 >B 55 4> 64 ;5B ?>;L7CNBAO 1;030<8 A5B8 =B5@=5B, 2 2@>?5 0=0;>38G=K9 ?>:070B5;L A>AB02;O5B 2A53> ;8HL >:>;> 12%. >2K5 8=D>@<0F8>==>-:><<C=8:0F8>==K5 B5E=>;>388 C65 7=0G8B5;L=> 87<5=8;8 687=L <=>38E ;N459 2 <8@5, ?@54>AB0282 8< 2A52>7<>6=K5 CA;C38 2 @568<5 >=-;09= ?> ?>8A:C 8=D>@<0F88 8 @01>BK, 2 >1;0AB8 <548F8=A:>3> >1A;C6820=8O 8 48AB0=F8>==>3> >1@07>20=8O, 8 2 B> 65 2@5<O 5I5 <=>385 68B5;8 5<=>3> H0@0 =5 8<5NB 4>ABC?0 : =8<.  254L D>@<8@>20=85 @0728B>3> @K=:0 8=D>@<0F8>==KE CA;C3 =5@50;L=> 157 2>2;5G5=8O 2 =53> H8@>:8E <0AA ?>43>B>2;5==KE ?>;L7>20B5;59.  A2O78 A MB8< =5>1E>48<> ?@87=0BL, GB> @5H5=85 MB>9 ?@>1;5<K 7028A8B ?@5645 2A53> >B 8=D>@<0F8>==>9 ?>;8B8:8 :0: >B45;L=KE 3>AC40@AB2, B0: 8 >B B>3>, =0A:>;L:> B5A=> 8 ?@>4C:B82=> >=8 1C4CB A>B@C4=8G0BL 2 MB>< =0?@02;5=88. 5A<>B@O =0 B>, GB> ?@58<CI5AB20 =B5@=5B0, 157CA;>2=>, ?@5>1;040NB, <8@ 5654=52=> AB0;:8205BAO 8 A =530B82=K<8 A>AB02;ONI8<8 MB>3> O2;5=8O. 5GL 845B ?@5645 2A53> > B0:8E 459AB28OE 2 =B5@=5B5, :0: @0A?@>AB@0=5=85 =5?@8AB>9=KE <0B5@80;>2, ?@54AB02;ONI8E C3@>7C <>@0;L=K< CAB>O< >1I5AB20, 2 G0AB=>AB8 45BA:>9 ?>@=>3@0D88, <0B5@80;>2 =5>=0F8ABA:>3> B>;:0, 8A?>;L7>20=85 =B5@=5B0 4;O 070@B=KE 83@, 70:;NG5=8O ?0@8, ?@>2545=8O @07=>3> @>40 ;>B5@59 A F5;LN 87JOB8O 45=53 C =0A5;5=8O. @O4 ;8 C :>3>-B> 2>7=8:0NB A><=5=8O, GB> ?>2A5<5AB=>5 @07<5I5=85 =0 web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eb-A09BK, >= 2ABC?8; 2 =0G0;> B@5BL53> BKAOG5;5B8O ?>;=>ABLN >1=>2;5==K<. 040G0 @5>@30=870F88 A09B0 2 2000 3>4C 70:;NG0;0AL 2 B><, GB>1K A45;0BL 53> <0:A8<0;L=> ?@82;5:0B5;L=K<, ?>;57=K< 8 C4>1=K< 8AB>G=8:>< >?5@0B82=>9 8=D>@<0F88 ?> H8@>:><C A?5:B@C B5<, :0: 2=5H=5?>;8B8G5A:8E, B0: 8 2=5H=5M:>=><8G5A:8E, 4;O 2A5E :0B53>@89 @>AA89A:8E 8 70@C156=KE ?>;L7>20B5;59. !09B A>AB>8B 87 11 :@C?=KE @0745;>2, :>B>@K5, 2 A2>N >G5@54L, A>AB>OB 87 ?>4@0745;>2. 5A><=5==K< 4>AB>8=AB2>< A09B0 <>6=> =0720BL B>, GB> >= 8<55B 2 >B;8G85 >B 1>;LH8=AB20 ?>4>1=KE A09B>2 4@C38E AB@0= ?@>AB>9 8 ;53:> 70?><8=0NI89AO 04@5A (http://www.mid.ru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c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www.culture.fr/culture/ mrt/bibliotheque/ddf/ddf.htm. 1.3 5;0@CAL 3;070<8 @>AA89A:8E 6C@=0;8AB>2. !>AB028B5;L .0=D8;>2. ., 1999. 1.4 5;0O :=830 8=D>@<0F8>==KE B5E=>;>389 =D>@<0B870F8O 8 >AA8O  2001 //  HYPERLINK http://www.soi.ru/soi/85735 www.soi.ru/soi/85735 1.5. 5;0O :=830 ?> ?@>1;5<0< A2O78 >AA88 // 8@ A2O78 8 8=D>@<0F88. Connect. 1996. 1.6 ;8O=85 =>2KE :><<C=8:0F8>==KE B5E=>;>389 =0 ?@020 G5;>25:0 8 45<>:@0B8G5A:85 F5==>AB8. 5-O 2@>?59A:0O :>=D5@5=F8O <8=8AB@>2 ?> ?>;8B8:5 2 >1;0AB8 ! (!0;>=8:8, 11-12.12.97) //  HYPERLINK http://www.soi.ru/soi/85735 www.soi.ru/soi/85735 1.7 >5==0O 4>:B@8=0 >AA89A:>9 $545@0F88. ., 21.04.2000. 1.8 KABC?;5=85 ?@54AB028B5;O >AA89A:>9 $545@0F88 !.."@5?5;:>20 2 ><8B5B5 ?> A?5F80;L=K< ?>;8B8G5A:8< 2>?@>A0< 8 2>?@>A0< 45:>;>=870F88 ('5B25@B>< :><8B5B5) =0 56-9 A5AA88   ?> 2>?@>A0<, :0A0NI8<AO 8=D>@<0F88 (?C=:B 90 ?>25AB:8 4=O). 1.9 ;>10;L=0O 8=8F80B820 ?> ?@5>4>;5=8N 8=D>@<0F8>==>3> =5@025=AB20 () - 02>A, 29.02.2001 //  HYPERLINK http://www.e-government.ru/pub/pravo/ www.e-government.ru/pub/pravo/ 1.10 >AC40@AB2> 8 8=D>@<0F8>==>-:><<C=8:0F8>==K5 B5E=>;>388. BG5B :><8AA88 ?>4 ?@54A540B5;LAB2>< 3>AC40@AB25==>3> A>25B=8:0 $@0=F88 .0AA5@0, ?@54>AB02;5==K9 ?@5<L5@-<8=8AB@C $@0=F88 .>A?5=C. 0@B 2000 3. //  HYPERLINK "http://www.internet.gouv.fr/francais/index.html" www.internet.gouv.fr/francais/index.html. 1.11 >:;04 ><8B5B0 ?> 8=D>@<0F88 > @01>B5 53> 2>7>1=>2;5==>9 4204F0BL B@5BL59 A5AA88 (5-7 A5=BO1@O 2001 3>40) // D8F80;L=K5 >BAG5BK. 56 A5AA8O  . 1.12 >:C<5=BK 70A540=8O ><8B5B0 ?> 8=D>@<0F8>==>9 ?>;8B8:5 8 A2O78. 1998 //  HYPERLINK http://www.duma.gov.ru/infocom/input4/59.htm www.duma.gov.ru/infocom/input4/59.htm 1.13 653>4=8: $>=40 0I8BK ;0A=>AB8: 8B>38 1998 3>40. ., 1999. 1.14 040G8 3>AC40@AB25==>9 8=D>@<0F8>==>9 ?>;8B8:8 =0 @C1565 M?>E. -:>;>38G5A:0O 040?B0F8O >1I5AB20 (<0B5@80;K :>=D5@5=F88 >;52K5 B>G:8 >AA88 8 :>=BC@K 8=D>@<0F8>==>9 4>:B@8=K). ., 2000. 1.15 0:>= $  02B>@A:8E 8 A<56=KE ?@020E. ., 1995. 1.16 0:>=>40B5;L=K9 1N;;5B5=L 4;O !. 852, 1998. 1.17 0:>=K 8 ?@0:B8:0 ! 2 >48==04F0B8 45<>:@0B8OE <8@0. ., 1997. 1.18 0:>=K 8 ?@0:B8:0 ! 2 AB@0=0E ! 8 0;B88. ., 1999. 1.19 0:>=K 8 ?@0:B8:0 A@54AB2 <0AA>2>9 8=D>@<0F88 2 AB@0=0E ! 8 0;B88. $>=4 70I8BK 3;0A=>AB8. ., 1999. 1.20 =D>@<0F8>==>5 ?@>AB@0=AB2>: DC=:F88, 3@0=8FK, ?5@A?5:B82K @0728B8O. -:>;>38G5A:0O 0@B5@8O. ., 2000. 1.21 >=AB8BCF88 AB@0=-G;5=>2 !. !1>@=8: 4>:C<5=B>2 2 2-E BB. @520=, 1997. 1.22 >=F5?F8O 2=5H=59 ?>;8B8:8 >AA89A:>9 $545@0F88. 28.06.2000. 1.23 >=F5?F8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 // 5AB=8: ". 1995. ! 6. 1.24 >=F5?F8O =0F8>=0;L=>9 157>?0A=>AB8 >AA89A:>9 $545@0F88. 10.01.2000. 1.25 >=F5?F8O @0728B8O 8=D>@<0F8>==>3> >1I5AB20 2@>?59A:>3> A>N70 //  HYPERLINK http://www.soi.ru/soi/85735 www.soi.ru/soi/85735 1.26 >=F5?F8O D>@<8@>20=8O 8=D>@<0F8>==>3> >1I5AB20 2 >AA88. 28 <0O 1999 3. // =D>@<0F8>==>5 >1I5AB2>, 1999, ! 3. 1.27 0B5@80;K 87 !>25B0 !>>B5G5AB25==8:>2 ?@8 >AC40@AB25==>9 C<5 >AA89A:>9 $545@0F88 (01.10.97). 1.28 563>AC40@AB25==0O B5;5@048>:><?0=8O 8@: @5H5=8O - >:BO1@L 1992 - A5=BO1@L 1998. ., 1998. 1.29  <564C=0@>4=>-?@02>2KE 30@0=B8OE 15A?@5?OBAB25==>3> 8 =57028A8<>3> >ACI5AB2;5=8O 45OB5;L=>AB8 <563>AC40@AB25==>9 B5;5:><?0=88 8@ (24 45:01@O 1993 3., HE0104). 1.30  A>740=88 AA>F80F88 =0F8>=0;L=KE 8=D>@<0F8>==KE 035=BAB2 ! (). (!, 11 45:01@O 1996., >A:20). 1.31  A>740=88 !>25B0 @C:>2>48B5;59 3>AC40@AB25==KE 8=D>@<0F8>==KE 035=BAB2 ! (3 =>O1@O 1995 3., 8=A:). 1.32  A>B@C4=8G5AB25 2 >1;0AB8 :=83>8740=8O, :=83>@0A?@>A@0=5=8O 8 ?>;83@0D88 (!. 10 D52@0;O 1995 3., ;<0-B0). 1.33 :8=02A:0O %0@B8O 3;>10;L=>3> 8=D>@<0F8>==>3> >1I5AB20. // 8?;><0B8G5A:89 25AB=8:, 2000, 023CAB, ! 8. 1.34 @02>2>5 ?>;5 6C@=0;8AB0. 0AB>;L=0O A?@02>G=0O :=830. >4 @54. 0@5F:>3> .., ., 1997. 1.35 >;L $@0=F88 8 D@0=:>D>==KE AB@0= 2 8=D>@<0F8>==>< >1I5AB25. -:A?5@B=K9 4>:;04 :><8AA88 ?>4 ?@54A540B5;LAB2>< .;>H0. 5:01@L 1998 3. //  HYPERLINK "http://www.internet.gouv.fr/francais/index.html" www.internet.gouv.fr/francais/index.html. 1.36 !>3;0H5=85 (<56?@028B5;LAB25==>5) > ?>@O4:5 8 CA;>28OE @0A?@>AB@0=5=8O ?@>3@0<< @>AA89A:8E B5;5@048>25I0B5;L=KE >@30=870F89: =0 B5@@8B>@88 75@109460=A:>9 5A?C1;8:8 (7 >:BO1@O 1995 3., 0:C), =0 B5@@8B>@88 K@3K7A:>9 5A?C1;8:8 (28 <0@B0 1996 3., >A:20), =0 B5@@8B>@88 5A?C1;8:8 >;4>20 (8 >:BO1@O 1996 3., >A:20), =0 B5@@8B>@88 $ (25 =>O1@O 1996 3., >A:20). 1.37 !>3;0H5=85 <564C @028B5;LAB2>< $ 8 @028B5;LAB2>< #:@08=K > A>B@C4=8G5AB25 2 >1;0AB8 B5E=>;>389 70I8BK 8=D>@<0F88. 564C=0@>4=K9 4>3>2>@, 1996. 1.38 !>3;0H5=85 > ?>@O4:5 8 CA;>28OE @0A?@>AB@0=5=8O ?@>3@0<< @>AA89A:8E B5;5@048>25I0B5;L=KE >@30=870F89 =0 B5@@8B>@88 @5A?C1;8:8 070EAB0= 8 B5;5@048>25I0B5;L=KE ?@>3@0<< 070EAB0=A:>9 B5;5@048>>@30=870F88 =0 B5@@8B>@88 $ (25 =>O1@O 1996 3., >A:20). 1.39 !>3;0H5=85 > A>B@C4=8G5AB25 2 >1;0AB8 8=D>@<0F88 A 5A?C1;8:>9 070EAB0= (23 45:01@O 1998 3., AB0=0). 1.40 !>3;0H5=85 > A>B@C4=8G5AB25 2 >1;0AB8 8=D>@<0F88 A #:@08=>9 (27 45:01@O 1998 3., >A:20). 1.41 !>3;0H5=85 > A>B@C4=8G5AB25 2 >1;0AB8 :C;LBC@K, =0C:8 8 B5E=8:8, >1@07>20=8O, 74@02>>E@0=5=8O, 8=D>@<0F88, A?>@B0 8 BC@87<0: <564C @028B5;LAB2>< $ 8 @028B5;LAB2>< @5A?C1;8:8 #715:8AB0= (19 <0@B0 1993 3.), <564C @028B5;LAB2>< $ 8 @028B5;LAB2>< 5A?C1;8:8 "0468:8AB0= (19 A5=BO1@O 1995 3., CH0=15). 1.42 !>3;0H5=85 > AB0BCA5 :>@@5A?>=45=B>2 A@54AB2 <0AA>2>9 8=D>@<0F88: $ 2 "C@:<5=8AB0=5 8 :>@@5A?>=45=B>2 A@54AB2 <0AA>2>9 8=D>@<0F88 "C@:<5=8AB0=0 2 $ (18 <0O 1995 3., >A:20, $ 2 5A?C1;8:5 @C788 8 :>@@5A?>=45=B>2 A@54AB2 <0AA>2>9 8=D>@<0F88 @5A?C1;8:8 @C78O 2 $ (14 8N;O 1995 3., "18;8A8), $ 2 K@3K7A:>9 5A?C1;8:5 8 :>@@5A?>=45=B>2 A@54AB2 <0AA>2>9 8=D>@<0F88 K@3K7A:>9 5A?C1;8:8 2 $ (21 A5=BO1@O 1995 3., >A:20). 1.43 !@54AB20 <0AA>2>9 8=D>@<0F88 @<5=88. F5=:8 8 A0<>>F5=:8. @520=, 1997. 1.44 "@5BL5 BKAOG5;5B85. 1<5= 8=D>@<0F88 2 AB@0=0E !: ?@>1;5<K, @50;L=>AB8, ?5@A?5:B82K (<0B5@80;K =0CG=>9 :>=D5@5=F88, A>AB>O2H59AO 13-14 <0O 1997 3. 2 ), ., 1997. 1.45 $545@0;L=K9 70:>=  ?>@O4:5 >A25I5=8O 45OB5;L=>AB8 >@30=>2 3>AC40@AB25==>9 2;0AB8 2 3>AC40@AB25==KE !. 1997. 1.46 $545@0;L=K9 70:>=  A2O78. 1995. 1.47 $545@0;L=K9 70:>=  B5;52878>==>< 25I0=88 8 @048>25I0=88. 1997. 1.48 A European Initiative in Electronic Commerce. Communication to the Parliament, the Council, the Economic and Social Committee and the Committee of the legions. 15.04.97 //  HYPERLINK "http://www.ispo.cec.be/Ecommerce" www.ispo.cec.be/Ecommerce. 1.49 Building the Information Society: Moving Canada into the 21st Century. Ministry of Supply and Services. Canada, 1996. 1.50 Connection, Community, Content: The Challenge of the Information High-way. Final Report of the Information Highway Advisory Council. Canada, 1995. 1.51 Copyright and the Information Highway. Final Report of the subcommittee on copyright. Canada, 1995. 1.52 Council Directive (90/38/EEC) //  HYPERLINK http://europe.eu.int/ispo/infococ/ltgreg/docs/9053/eec.html http://europe.eu.int/ispo/infococ/legreg/ docs/9053/eec.html 1.53 Council Directive (93/38/EEC) //  HYPERLINK http://europe.eu.int/ispo/infococ/ltgreg/docs/9053/eec.html http://europe.eu.int/ispo/infococ/legreg/ docs/9338/eec.html 1.54 Directive 95/46/EC of the European Parliament and the Council of 24 October 1995. 1.55 Directive 96/09/EC of the European Parliament and the Council on legal protection of databases of 27.03.1996. 1.56 Electronic money: Consumer protection, law enforcement, supervisory and cross border issues. Group of ten. 1997. 1.57 Europe and the Global Information Society. Recommendations of the high-level group on the Information Society to the Corfu European Council (Bangemann group). European Commission. 1994. 1.58 Green Paper on Public Sector Information in the Information Society //  HYPERLINK http://europe.eu.int/ispo/infococ/ltgreg/docs/9053/eec.html http://europe.eu.int/ispo/infococ/legreg/docs/com(98)585/gr_annex.html 1.59 Green Paper on the protection of Minors and human Dignity in audiovisual and Information Services // Communication to the European Parliament. 1996. 1.60 Green paper. Living and Working in the Information Society: People First // European Commission. Belgium. 1996. 1.61 Green Paper. Living and Working in the Information Society: People First // European Commission. Belgium. 1996. 1.62 Information Superhighway: An Overview of Technology Challenges // report to the USA Congress. 1995. 1.63 ISociety working documents on the future regulatory framework for communications infrastructure and associated services //  HYPERLINK "http://europe.eu.int/ispo/infococ/telecompolicy/review99/nrfwd/oftel23. html" http://europe.eu.int/ispo/ infococ/telecompolicy/review99/nrfwd/oftel23. html 1.64 New Digital Platforms for Audiovisual Services and Their Impact on the Licensing of Broadcasters //Council of Europe. Strasbourg, 13.09.2000. 2. >=>3@0D88 2.1 5@H8=8= .!. >;8B8G5A:0O :><<C=8:0F8O 2 8=D>@<0F8>==>< >1I5AB25. !1, 2001. 2.2 @015;L=8:>2 .. 0AA>20O 8=D>@<0F8O 2 >AA88 >B ?5@2>9 3075BK 4> 8=D>@<0F8>==>3> >1I5AB20. ., 2001. 2.3 @0:5@ . >AB:0?8B0;8AB8G5A:>5 >1I5AB2>. !1., 1999. 2.4 5<;O=>20 .. 0@C156=0O :><<C=8:0B828AB8:0 2 ?@54425@88 8=D>@<0F8>==>3> >1I5AB20. ., 1999. 2.5 20=>2 .!. =5H=OO ?>;8B8:0 >AA88 2 M?>EC 3;>10;870F88 (2KABC?;5=8O 8 AB0BL8). ., 2002. 2.6 0AB5;LA . =D>@<0F8>==0O M?>E0: M:>=><8:0, >1I5AB2> 8 :C;LBC@0. ., 2000. 2.7 >ABN: .. =D>@<0F8O :0: A>F80;L=K9 8 M:>=><8G5A:89 @5AC@A. ., 1997. 2.8 C@=>A>2 .. =D>@<0F8>==>5 >1I5AB2>: ?;0=K 8 ?@>3@0<<K 70@C156=KE AB@0=. ., 1997. 2.9 5;NE8= .!. =D>@<0F8>==>5 >1I5AB2>: 8AB>:8, ?@>1;5<K, B5=45=F88 @0728B8O. ., 1999. 2.10 5;NE8= .!. =D>@<0F8>==K5 B5E=>;>388 8 187=5A. ., 1997. 2.11 >45A>2 !.. =D>@<0F8>==>5 ?@>AB@0=AB2> :0: D0:B>@ 35>?>;8B8G5A:>9 :>=:C@5=F88. ., 1997. 2.12 >;O:>2 ... =D>@<0F8>==>5 ?@>AB@0=AB2> 3>AC40@AB2-CG0AB=8:>2 !. ., 1997. 2.13 0:8B>2 .. $8;>A>D8O :><?LNB5@=>9 @52>;NF88. ., 1991. 2.14 "0=A:>BB . -;5:B@>==>-F8D@>2>5 >1I5AB2>. ;NAK 8 <8=CAK A5B52>3> 8=B5;;5:B0. ., 1999. 2.15 %0=B8=3B>= !. !B>;:=>25=85 F828;870F89? // >;8A. ! 1, 1994. 2.16 (:>=48= .. -:>=><8G5A:85 D0:B>@K B@0=AD>@<0F88 !. ., 1999. 2.17 Bell D. The Coming of Post-industrial Society. A Venture in Social Forecasting. N.Y., Basic Books, Inc., 1973. 2.18 Masuda Y. The Information Society as Postindustrial Society. Washington.: World Future Soc., 1983. 2.19 Porat M., Rubin M. The Information Society: Development and Measurement. Washington, 1978. 2.20 Reddick R., King E. The Online Journ@list: Using the Internet and Other Electronic Resources. FACS. London, 1996. 2.21 Robinson K.G. Building a Global Information Society // Aspen Institute, 1996. 2.22 Werbach K. Digital Tornado: The Internet and Telecommunications Policy. USA. Federal Communication Commission, 1997. 3. !B0BL8 3.1 ;5:A5520 ... >7=8:=>25=85 845>;>388 8=D>@<0F8>==>3> >1I5AB20 // =D>@<0F8>==>5 >1I5AB2>, 1999, ! 1. 3.2 =B>?>;LA:89 .. @>1;5<K 3>AC40@AB25==>3> 8 >1I5AB25==>3> @53C;8@>20=8O AD5@K @>AA89A:8E 8=D>@<0F8>==KE @5AC@A>2 A5B8 =B5@=5B // =D>@<0F8>==>5 >1I5AB2>, 2000, ! 5. 3.3 @B0<>=>2 .".  :>=F5?BC0;L=>9 1075 ?>AB@>5=8O 2 >AA88 8=D>@<0F8>==>3> >1I5AB20 // =D>@<0F8>==>5 >1I5AB2>, 1999, ! 3. 3.4 09:>2 .. 15A?5G5=85 157>?0A=>AB8 2 D8=0=A>2KE CG@5645=8OE /?>=88 // =D>@<0F8>==>5 >1I5AB2>, 2000, ! 5. 3.5 0A8;L52 .. @>1;5<K 8=D>@<0B870F88 A>F80;L=>9 AD5@K // =D>@<0F8>==>5 >1I5AB2>, 2000, ! 3. 3.6 0A8;L52 .., 02@8:>2 .. @>1;5<K 8=D>@<0B870F88 A>F80;L=>9 AD5@K // =D>@<0F8>==>5 >1I5AB2>, 2000, ! 3. 3.7 5@H8=A:0O .. !CI5AB2CNI85 <>45;8 ?>AB@>5=8O 8=D>@<0F8>=-=>3> >1I5AB20 // =D>@<0F8>==>5 >1I5AB2>, 1999, ! 3. 3.8 >;>:8B8= .. >=F5?F8O D>@<8@>20=8O 8=D>@<0F8>==>3> >1I5AB20 2 >AA88 // =D>@<0F8>==>5 >1I5AB2>, 1999, ! 3. 3.9 >;>:8B8= .. 0AA>20O 4><0H=OO :><?LNB5@870F8O - =5>1E>48<K9 H03 ?> ?CB8 : 8=D>@<0F8>==><C >1I5AB2C // =D>@<0F8>==>5 >1I5AB2>, 1999, ! 6. 3.10 >;>:8B8= .. >AA8O: >B 8=D>@<0B870F88 - : 8=D>@<0F8>==><C >1I5AB2C // =D>@<0F8>==>5 >1I5AB2>, 1999, ! 3. 3.11 0;;8<>@ . !B@0B5388 @0728B8O 181;8>B5: 2 8=D>@<0F8>==>< >1I5-AB25. >:;04 =0 :>=D5@5=F88  =;09= 97 2 >=4>=5, 45:01@L 1997 3. 3.12 @0DG8:>2 . @5AAC ;N1OB 2A5 <5=LH5 // 57028A8<0O 3075B0. 08.03. 98. 3.13 @>668=>2 .., (8@>:>2 $.. >AA8O 8 3;>10;L=>5 8=D>@<0F8>==>5 >1I5AB2> // http://pcweek.ru/year1998/n48/cp1251/reviews/ chapt4.htm 3.14 <5;LO=>2 .. @>1;5<K >15A?5G5=8O 8=D>@<0F8>==>-?A8E>;>38G5-A:>9 157>?0A=>AB8 >AA88 // =D>@<0F8>==>5 >1I5AB2>, 1999, ! 3. 3.15 @H>20 ".. >=F5?BC0;L=K5 2>?@>AK ?5@5E>40 : 8=D>@<0F8>==><C >1I5AB2C XXI 25:0 // http://intra.rfbr.ru/pub/vestnik/V3_99/1_5.htm 3.16 @H>20 ".. >AA89A:89 >?KB 8=B53@0F88 2 8=D>@<0F8>==>5 >1I5-AB2> // =D>@<0F8>==>5 >1I5AB2>, 1999, ! 1. 3.17 D8<>20 .. A>15==>AB8 ?@02>2>3> >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 =0 B5;52845=88 8 @048>25I0=88 // =D>@<0F8>==>5 >1I5AB2>, 2000, ! 3. 3.18 40=>2 .!. -;5:B@>==0O :><<5@F8O // =D>@<0F8>==>5 >1I5AB2>, 1999, ! 5. 3.19 0AC@A:89 /.. =D>@<0F8>==>5 >1I5AB2> 8 ! // =D>@<0F8>==>5 >1I5AB2>, 1999, ! 1. 3.20 725:>2 .. =D>@<0F8O 8 48?;><0B8O // =D>@<0F8O. 8?;><0B8O. A8E>;>38O. !1>@=8: <0B5@80;>2 :@C3;>3> AB>;0 8 ;5:F89 ?@5?>4020B5;LA:>9 :0D54@K <0AA>2>9 :><<C=8:0F88 8 A2O759 A >1I5AB25==>ABLN 8?;><0B8G5A:>9 0:045<88  >AA88. ., 2002. 3.21 0?CAB8= . 0@E0B=0O F5=7C@0 // 57028A8<0O 3075B0, 19.05.2000. 3.22 0H;52 ... ;>10;L=>5 8=D>@<0F8>==>5 >1I5AB2> 8 2K7>2K 48?;><0BC %%I 25:0 // =5H=5?>;8B8G5A:0O 8=D>@<0F8O 8 A>2@5<5==0O 48?;><0B8O. !1>@=8: ;5:F89 8 AB0B59 ?@5?>4020B5;59 :0D54@K <0AA>2>9 :><<C=8:0F88 8 A2O759 A >1I5AB25==>ABLN 8?;><0B8G5A:>9 0:045<88  >AA88. >4 @54. ...0H;520. ., 2001. 3.23 0H;52 ... @>1;5<K :><<C=8:0F88 8 8=D>@<0F88 2 <564C=0@>4=KE >@30=870F8OE // =D>@<0F8O. 8?;><0B8O. A8E>;>38O. !1>@=8: <0B5@80;>2 :@C3;>3> AB>;0 8 ;5:F89 ?@5?>4020B5;LA:>9 :0D54@K <0AA>2>9 :><<C=8:0F88 8 A2O759 A >1I5AB25==>ABLN 8?;><0B8G5A:>9 0:045<88  >AA88. ., 2002. 3.24 0H;52 ... !B0=>2;5=85 3;>10;L=>3> 8=D>@<0F8>==>3> >1I5AB20 8 <5AB> >AA88 // =D>@<0F8O. 8?;><0B8O. A8E>;>38O. !1>@=8: <0B5@80;>2 :@C3;>3> AB>;0 8 ;5:F89 ?@5?>4020B5;LA:>9 :0D54@K <0AA>2>9 :><<C=8:0F88 8 A2O759 A >1I5AB25==>ABLN 8?;><0B8G5A:>9 0:045<88  >AA88. ., 2002. 3.25 8A;O: ..!. =B5@=5B =0 ?>25AB:5 4=O A>2@5<5==KE <564C=0@>4=KE >B=>H5=89 // 8?;><0B8G5A:89 25AB=8:, 2000, 023CAB, ! 8. 3.26 >;5A>2 . >AA8O =0 ?CB8 ?>AB@>5=8O 8=D>@<0F8>==>3> >1I5AB20 // !B@0B5388 PC Week, ! 39. 3.27 >ABN: .. 1 M:>=><8G5A:>< DC=40<5=B5 8=D>@<0F8>==>3> >1I5AB20 // =D>@<0F8>==>5 >1I5AB2>, 2000, ! 5. 3.28 >G5B>2 .. ;8O=85 =B5@=5B0 =0 @0728B85 >1I5AB20 // =D>@<0F8>==>5 >1I5AB2>, 1999, ! 5. 3.29 @8AB0;L=K9 .. >=F5?F8O 70:>=0 $ 1 M;5:B@>==>9 B>@3>2;5 // =D>@<0F8>==>5 >1I5AB2>, 2000, ! 3. 3.30 @CBA:8E . =D>@<0F8>==K9 2K7>2 157>?0A=>AB8 =0 @C1565 XXI 25:0 // 564C=0@>4=0O 687=L, 1999, ! 2. 3.31 @CBA:8E ., $54>@>2 .  <564C=0@>4=>9 8=D>@<0F8>==>9 157>?0A=>AB8 // 564C=0@>4=0O 687=L, 2000, ! 2. 3.32 @NG:>20 . !2>1>40 ! 2B>@>9 A2565AB8 // C@=0;8AB, ! 10, 1999. 3.33 C@=>A>2 ..  $545@0;L=>9 F5;52>9 ?@>3@0<<5 @0728B8O M;5:B@>==>9 B>@3>2;8 2 >AA88 // =D>@<0F8>==>5 >1I5AB2>, 2000, ! 3. 3.34 KA5=:> .. C4CI55 ! 2 8=D>@<0F8>==>< >1I5AB25 // =D>@<0F8>==>5 >1I5AB2>, 1999, ! 4. 3.35 0BNH>: .. $8=0=A>2K5 8=25AB8F88 2 =B5@=5B // =D>@<0F8>==>5 >1I5AB2>, 2000, ! 5. 3.36 0H;K:8= .. =D>@<0F8>==K9 B5@@>@87< :0: C3@>70 <564C=0@>4=>9 157>?0A=>AB8 XXI 25:0 // =D>@<0F8O. 8?;><0B8O. A8E>;>38O. !1>@=8: <0B5@80;>2 :@C3;>3> AB>;0 8 ;5:F89 ?@5?>4020B5;LA:>9 :0D54@K <0AA>2>9 :><<C=8:0F88 8 A2O759 A >1I5AB25==>ABLN 8?;><0B8G5A:>9 0:045<88  >AA88. ., 2002. 3.37 5=4:>28G .!. IPpv6 - =>2K9 MB0? @0728B8O =B5@=5B0 // =D>@<0F8>==>5 >1I5AB2>, 2000, ! 5. 3.38 >8A552 . =D>@<0F8>==>5 >1I5AB2> :0: MB0? =>259H59 8AB>@88 // !2>1>4=0O <KA;L, 1996, ! 1. 3.39 =KAL:> . 064K9 3>2>@8B 8 ?>:07K205B ?>-A2>5<C // 57028A8<0O 3075B0. 20.10.98. 3.40 0=0@8= .. =D>@<0F8>==K5 2>9=K 8 >AA8O // =D>@<0F8O. 8?;><0B8O. A8E>;>38O. !1>@=8: <0B5@80;>2 :@C3;>3> AB>;0 8 ;5:F89 ?@5?>4020B5;LA:>9 :0D54@K <0AA>2>9 :><<C=8:0F88 8 A2O759 A >1I5AB25==>ABLN 8?;><0B8G5A:>9 0:045<88  >AA88. ., 2002. 3.41 0=D8;>20 . @5A;54>20=85 3075BK 5G5@=89 8H:5: // !>4@C65AB2> , ! 8, 22 A5=BO1@O 1999. 3.42 0=D8;>20 . "O65;K5 4=8 :8@387A:>9 6C@=0;8AB8:8 // 57028A8<0O 3075B0, 05.04.2000. 3.43 0@8=>2 !.. -:>=><8:0 XXI 25:0 =0 1075 =B5@=5B-B5E=>;>389 // =D>@<0F8>==>5 >1I5AB2>, 1999, ! 2. 3.44 5A:>2 .. =B5@=5B 2 @>AA89A:>9 ?>;8B8:5: CB>?8O 8 @50;L=>ABL // >;8A, 2002, ! 1. 3.45 5B@>2 !.". 0 ?CB8 : 8=D>@<0F8>==><C 3>AC40@AB2C // =D>@<0-F8>==>5 >1I5AB2>, 1999, ! 4. 3.46 >G5?F>2 . >38:0 ?@>?030=48ABA:>9 2>9=K. !>740=85 28@BC0;L=KE >1J5:B>2 8 <0=8?C;8@>20=85 8<8 2 0D30=A:>9 2>9=5 (8 =5 B>;L:>). 0B0 ?C1;8:0F88: 26.11.2001 =0  HYPERLINK "http://www.russ.ru/politics/interpol/20011126-poch.html" www.russ.ru/politics/interpol/20011126-poch.html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usiness online, 45:01@L 2001. 3.52 !5@385=:> .. 0I8B0 ?5@A>=0;L=KE 40==KE 2 =B5@=5B // =D>@<0F8>==>5 >1I5AB2>, 2000, ! 5. 3.53 !8AB5<0 A@54AB2 <0AA>2>9 8=D>@<0F88 >AA88. #G51=>5 ?>A>185 4;O #>2. >4. @54. /..0AC@A:>3>. ., 2001. 3.54 !:845= #;;0. ;>10;L=K9 2K7>2 0=35<0==0: > <564C=0@>4=>9 ?@>3@0<<5 2@>?59A:>9 :><8AA88 ?> 8=B53@0F88 3>@>4>2 2 8=D>@<0F8>==>5 >1I5AB2> // =D>@<0F8>==>5 >1I5AB2>, 1999, ! 4. 3.55 !<>;O= .. !5B52K5 8=D>@<0F8>==K5 B5E=>;>388 8 ?@>1;5<K 157>?0A=>AB8 ;8G=>AB8 // =D>@<0F8>==>5 >1I5AB2>, 1999, ! 1. 3.56 !>:>;5=:> .. ;>10;L=K5 8=D>@<0F8>==K5 A5B8: F828;870F8>==>-:C;LBC@>;>38G5A:89 35=578A 8 ?>;8B8G5A:0O ACI=>ABL // =D>@<0F8O. 8?;><0B8O. A8E>;>38O. !1>@=8: <0B5@80;>2 :@C3;>3> AB>;0 8 ;5:F89 ?@5?>4020B5;LA:>9 :0D54@K <0AA>2>9 :><<C=8:0F88 8 A2O759 A >1I5AB25==>ABLN 8?;><0B8G5A:>9 0:045<88  >AA88. ., 2002. 3.57 !>;>2O=5=:> .. @02>2K5 CA;>28O 4;O M;5:B@>==>9 B>@3>2;8 // =D>@<0F8>==>5 >1I5AB2>, 2000, ! 5. 3.58 !@54AB20 <0AA>2>9 8=D>@<0F88 ?>ABA>25BA:>9 >AA88. #G51=>5 ?>A>185. >4. @54. /..0AC@A:>3>. ., 2002. 3.59 !B>C=L5@ ". =D>@<0F8>==>5 1>30BAB2>: ?@>D8;L ?>AB8=4CAB@80;L=>9 M:>=><8:8 // >20O B5E=>:@0B8G5A:0O 2>;=0 =0 0?045. ., 1986. 3.60 !B@5;LF>2 .. 0?@02;5=8O A>25@H5=AB2>20=8O ?@02>2>3> >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 // =D>@<0F8>==>5 >1I5AB2>, 1999, ! 6. 3.61 "8<>H5=:> . N1K5 2K1>@K  M:70<5= 4;O ! // 57028A8<0O 3075B0, 01.09.99. 3.62 "8E>=>20 ".. ! 2 =B5@=5B5 // =D>@<0F8>==>5 >1I5AB2>, 1999, ! 4. 3.63 ">DD;5@ -. "@5BLO 2>;=0 // !(  M:>=><8:0, ?>;8B8:0, 845>;>38O, 1982, ! 7-11. 3.64 $@>;>2 !.. 87=5A 2 =B5@=5B5 // =D>@<0F8>==>5 >1I5AB2>, 1999, ! 2. 3.65 %0G0BC@>2 .. 15A?5G5=85 2=5H=5?>;8B8G5A:8E ?>78F89 >AA88 2 A25B5 >:B@8=K 8=D>@<0F8>==>9 157>?0A=>AB8 $ // =D>@<0F8O. 8?;><0B8O. A8E>;>38O. !1>@=8: <0B5@80;>2 :@C3;>3> AB>;0 8 ;5:F89 ?@5?>4020B5;LA:>9 :0D54@K <0AA>2>9 :><<C=8:0F88 8 A2O759 A >1I5AB25==>ABLN 8?;><0B8G5A:>9 0:045<88  >AA88. ., 2002. 3.66 %0G0BC@>2 .. >;L <564C=0@>4=>9 8=D>@<0F88 2 D>@<8@>20=88 @5?CB0F88 3>AC40@AB20 // =D>@<0F8O. 8?;><0B8O. A8E>;>38O. !1>@=8: <0B5@80;>2 :@C3;>3> AB>;0 8 ;5:F89 ?@5?>4020B5;LA:>9 :0D54@K <0AA>2>9 :><<C=8:0F88 8 A2O759 A >1I5AB25==>ABLN 8?;><0B8G5A:>9 0:045<88  >AA88. ., 2002. 3.67 '8G0=>2A:89 .. !@54AB20 <0AA>2>9 8=D>@<0F88 :0: D0:B>@ MB=>?>;8B8G5A:>9 A8BC0F88 // -B=>?>;8B8G5A:89 25AB=8:. ! 2, 1995. 3.68 (5@ABN: .. =D>@<0F8>==0O 157>?0A=>ABL 2 A8AB5<5 >15A?5G5=8O =0F8>=0;L=>9 157>?0A=>AB8 >AA88, D545@0;L=K5 8 @538>=0;L=K5 0A?5:BK >15A?5G5=8O =0F8>=0;L=>9 157>?0A=>AB8 // =D>@<0F8>==>5 >1I5AB2>, 1999. 3.69 /:>25=:> .. !>2@5<5==0O @5AA-A;C610 0 >AA88 // =D>@<0F8O. 8?;><0B8O. A8E>;>38O. !1>@=8: <0B5@80;>2 :@C3;>3> AB>;0 8 ;5:F89 ?@5?>4020B5;LA:>9 :0D54@K <0AA>2>9 :><<C=8:0F88 8 A2O759 A >1I5AB25==>ABLN 8?;><0B8G5A:>9 0:045<88  >AA88. ., 2002. 3.70 /:CH52 .. =D>@<0F8>==>5 >1I5AB2> 8 ?@02>2>5 @53C;8@>20=85: =>2K5 ?@>1;5<K B5>@88 8 ?@0:B8:8 // =D>@<0F8>==>5 >1I5AB2>, 1999, ! 1. 3.71 Baran P. On Distributed Communications Networks. IEETrans, Comm. Systems, March 1964. 3.72 Brown R., Irving L., Prabhakar A., Katzen S. The Global Information Infrastructure: Agenda for Cooperation, 1995. 3.73 Cerf V.G., Kahn R.E. A protocol for packet network interconnection. IEETrans. Comm. Tech vol. COM-22, V 5, pp. 627-641, May 1974. 3.74 Crocker S. RFC001 Host software. Apr. 1969. 3.75 Kahn R. Communications Principles for Operating Systems. Internal BBN Memorandum, Jan. 1972. 3.76 Kleinrock L. Communications Nets: Stochastic Message Flow and Delay. Mcgraw-Hill (New York), 1964. 3.77 Kleinrock L. Information Flow in Large Communication Nets. RLE Quarterly Progress Report, July 1961. 3.78 Licklider J.C.R., Dark W. On-Line Man Computer communication. Aug. 1962. 3.79 Nora S., Mink A., The Computerisation of Society: A report to the President of France // MIT Press, 1980. 3.80 Roberts L. Multiple Computer Networks and Intercomputer Communication. ACM Gatlinburg Conf., Oct. 1967. 3.81 Roberts L., Merrill T. Toward a Cooperative Network of Time-Shared Computers. Fall AFIPS Conf., Oct. 1996. 4. 8AA5@B0F88 8 02B>@5D5@0BK 4.1 0@8=>2 !.. =;09=>2K5 A>>1I5AB20: <5B>4K 8AA;54>20=8O 8 ?@0:B8G5A:>5 :>=AB@C8@>20=85 // 8AA5@B0F8O =0 A>8A:0=85 CG5=>9 AB5?5=8 4.B.=. >2>A818@A:: !818@A:>5 >B45;5=85 =AB8BCB0 M:>=><8:8 8 >@30=870F88 ?@><KH;5==>3> ?@>872>4AB20 . 2000. 4.2 $8;8??>20 ".. =B5@0:B82=0O :><<C=8:0F8O 2 M<?8@8G5A:>9 A>F8>;>388 (?KB A>F8>;>38G5A:>3> 0=0;870 =B5@=5B->?@>A>2) // 2B>@5D5@0B 48AA5@B0F88 =0 A>8A:0=85 CG5=>9 AB5?5=8 :.A.=. .: >AA89A:89 3>AC40@AB25==K9 3C<0=8B0@=K9 C=825@A8B5B. 2000. 4.3 'C3C=>2 .. >;8B8:0 8 =B5@=5B: ?>;8B8G5A:0O :><<C=8:0F8O 2 CA;>28OE @0728B8O A>2@5<5==KE 8=D>@<0F8>==KE B5E=>;>389 // 8AA5@B0F8O =0 A>8A:0=85 CG5=>9 AB5?5=8 :.?.=. !-1.: !525@>-0?04=0O 0:045<8O 3>AC40@AB25==>9 A;C61K. 2000. 5. !B0B8AB8G5A:85 A?@02>G=8:8 5.1 !B@0=K <8@0 (A?@02>G=>5 8740=85). ., 2001. 5.2 Encyclopedia of the New Economy - http://www.hotwired.com/special/ene/ 5.3 Status Report on Telework - http://www.eto.org.uk/twork/tw97eto/ 6. =B5@=5B-@5AC@AK 6.1 HYPERLINK "FREEnet/Intro.htm"FREEnet - :>@?>@0B82=0O =5:><<5@G5A:0O :><?LNB5@=0O A5BL - @>5:B LibWeb -  HYPERLINK http://www.libweb.ru/ http://www.libweb.ru/ 6.2 070 40==KE ?> ?@>1;5<5 ?@02>2>3> @53C;8@>20=8O >B=>H5=89 2 >1;0AB8 8=D>@<0F88 8 B5;5:><<C=8:0F89 2 >AA88 -  HYPERLINK "http://www.medialaw. ru/laws/russian_laws/telecom/index.htm" http://www.medialaw. ru/laws/russian_laws/telecom/index.htm 6.3 HYPERLINK "http://www.soi.ru/soi/85735"5;0O =830 8=D>@<0F8>==KE B5E=>;>389 =D>@<0B870F8O 8 >AA8O - 2001" - http://www.soi.ru/soi/85735 6.4 HYPERLINK "http://www.iis.ru/ecavu/index.html"8@BC0;L=K9 C=825@A8B5B 2@>?K 8 &5=B@0;L=>9 788 -  HYPERLINK "http://www.iis" http://www.iis. ru/ecavu/index.html 6.5 8A:CAA8>==K9 D>@C< :0=04A:8E >@30=870F89 3@0640=A:>3> >1I5AB20 ?> ?@5>4>;5=8N 8=D>@<0F8>==>3> =5@025=AB20 -  HYPERLINK "http://www.bellanet" http://www.bellanet. org/dotforce/ 6.6 >:C<5=BK 2@>?59A:>3> !>>1I5AB20 > ! -  HYPERLINK "http://www.medialaw.ru" http://www.medialaw.ru /laws/other_laws/european/index.htm 6.7 2@>?59A:89 A5@25@ ?> O7K:>2>9 8=65=5@88 mulinex.dfki.de - ?@>5:B MULINEX EC - www.linglink.lu/le/en/index.html 6.8 65<5AOG=K9 6C@=0; 0:>=>40B5;LAB2> 8 ?@0:B8:0 <0AA-<5480 - http://www.medialaw.ru/zip.html 6.9 0:>=>40B5;LAB2> > ! 2 AB@0=0E ! 8 @810;B8:8 - http://www.medialaw.ru/exussrlaw/index.htm 6.10 =8F80B82K ?@028B5;LAB20 !( ?> ?@5>4>;5=8N 8=D>@<0F8>==>3> =5@025=AB20 - http://www.usinfo.state.gov/topical/econ/g8okin/wwwhfsdigital task.html 6.11 =8F80B82K /?>=A:>3> ?@028B5;LAB20 ?> ?@5>4>;5=8N 8=D>@<0F8>==>3> =5@025=AB20 - http://www.mofa.go.jp/policy/economy/it/ 6.12 =AB8BCB @0728B8O 8=D>@<0F8>==>3> >1I5AB20 - http://www.iis.ru/ 6.13 =D>@<0F8>==K9 ?>@B0; =D>3@04 >A:20 - http://www.infograd.ru/ 6.14 564C=0@>4=0O :>=D5@5=F8O =D>@<0F8>==>5 >1I5AB2> 8 A>2@5<5==K9 3>@>4 A CG0AB85< @>AA89A:8E ?@54AB028B5;59, 25- 26 A5=BO1@O 1998 3. - http://www.pcweek.ru/year1998/n48/cp1251/reviews/ chapt4.htm 6.15 564C=0@>4=K9 :>=3@5AA "5E=>;>38O 8=D>@<0F8>==>3> >1I5AB20 A CG0AB85< @>AA89A:8E ?@54AB028B5;59, 30 =>O1@O - 2 45:01@O 1998 3. - http://www.iis.ru/events/19981130/ 6.16 >@<0B82=K5 ?@02>2K5 0:BK >AA89A:>9 $545@0F88 > ! - http://www.medialaw.ru/laws/russian_laws/index.html 6.17 17>@ @01>B ?> O7K:>2>9 8=65=5@88 =0 A5@25@5 ?@>5:B0 3;>10;L=>9 >?8A8 G7 - www.gip.int/newsletter/3/editorial/ noframes.htm 6.18 D8F80;L=K9 A09B M:A?5@B=>3> A>25B0  ?> 8=D>@<0F8>==K< 8 :><<C=8:0F8>==K< B5E=>;>38O< - http://www.un.org/esa/coordination/ ecosoc/itforum/ict.htm 6.19 @>5:B Logos EC - www.logos.it/ 6.20 @>5:B PaTrans EC - cst.ku.dk/projects/patrans.html 6.21 @>5:B UNICODE - www.unicode.org 6.22 @>5:B 3;>10;L=>9 8=B5@>?5@015;L=>AB8 H8@>:>?>;>A=KE A5B59 G7 - http://www.startap.net/ 6.23 @>5:B <>@A:>3> 8=D>@<0F8>==>3> >1I5AB20 G7 - www.maris.int/ 6.24 @>5:B A5B8 CIVnet - www.friends-partners.org 6.25 @>5:B A5B8 Mirnet - solar.rtd.utd.edu/friends/mirnet/home.html 6.26 @>5:B B@0=A:C;LBC@=>3> >1CG5=8O 8 8=AB@C:B8@>20=8O G7 - www.tel-lingua.org/ 6.27 @>5:B C?@02;5=8O >:@C60NI59 A@54>9 8 ?@8@>4=K<8 @5AC@A0<8 G7 - www.gelos.org 6.28 >AA89A:89 ?>@B0; @0728B8O 0@B=5@AB2> 4;O @0728B8O 8=D>@<0F8>==>3> >1I5AB2> 2 >AA88 -  HYPERLINK "http://www.russia-gateway.ru/" http://www.russia-gateway.ru/ ru/index.adp 6.29 >AA89A:89 A5@25@ ?@>5:B0 SMARTS - www.smarts.ru 6.30 >AA89A:89 M:A?5@B=K9 A>25B ?> ?@5>4>;5=8N 8=D>@<0F8>==>3> =5@025=AB20 - http://www.iis.ru/dotforce/ 6.31 CAA:89 6C@=0; - http://www.russ.ru/ 6.32 CAA:>-0=3;89A:89 3;>AA0@89 ?> 8=D>@<0F8>==><C >1I5AB2C - http://www.iis.ru/glossary/index.html 6.33 !09B ?@54AB028B5;59 5;8:>1@8B0=88 2 DOT Force - http://dotforce.oneworld.net/ 6.34 !0<>@53C;8@>20=85 2 A@54AB20E <0AA>2>9 8=D>@<0F88 - http://www.medialaw.ru/selfregulation/index.htm 6.35 Business online - http://www.bizon.ru/ 6.36 Digital Opportunity Task Force - http://www.dotforce.org/ 6.37 HYPERLINK "http://www.g8.gc.ca/kan_docs/afraction-e.asp"G8 Africa Action Plan: helping Africa create digital opportunities (27-June-02) - http://www.g8.gc.ca/common/errors/not_found.asp 6.38 Official Release of DOT Force Report Card to G8 Leaders (HYPERLINK "http://www.ic.gc.ca/cmb/welcomeic.nsf/261ce500dfcd7259852564820068dc6d/85256a220056c2a485256be3006e85ae!OpenDocument"English - HYPERLINK "http://www.ic.gc.ca/cmb/welcomeic.nsf/d2ba51d479ae569a852564ca0064238a/85256a220056c2a485256be3006d869f!OpenDocument"French, 25-June-02) - http://www.ic.gc.ca/cmb/welcomeic.nsf/d2ba51d479ae5 69a852564ca0064238a/85256a220056c2a485256be3006d869f!OpenDocument 6.39 PC Week.Online. Russian Edition - http://www.pcweek.ru/ 6.40 Technology Empowerment Network - http://www.techempower.net/0/ 6.41 The Global Knowledge Partnership - http://www.globalknowledge.org/ 6.42 HYPERLINK "/newsroom/kanask-media-advis.html"DOT Force Releases Report on June 25; Media Advisory (20-June-02) -  HYPERLINK http://www.dotforce.org/newsroom/kanask-media-advis.html http://www.dotforce.org/newsroom/kanask-media-advis.html  / @8;>65=85 1. >=F5?F8O D>@<8@>20=8O 8=D>@<0F8>==>3> >1I5AB20 2 >AA88 4>1@5=0 @5H5=85< >AC40@AB25==>9 :><8AA88 ?> 8=D>@<0B870F88 ?@8 >AC40@AB25==>< :><8B5B5 >AA89A:>9 $545@0F88 ?> A2O78 8 8=D>@<0B870F88 >B 28 <0O 1999 3. ! 32 2545=85  =0AB>OI55 2@5<O >A>7=0=K ?@54?>AK;:8 8 @50;L=K5 ?CB8 D>@<8@>20=8O 8 @0728B8O 8=D>@<0F8>==>3> >1I5AB20 2 >AA88. -B>B ?@>F5AA 8<55B 3;>10;L=K9 E0@0:B5@, =587156=> 2E>645=85 =0H59 AB@0=K 2 <8@>2>5 8=D>@<0F8>==>5 A>>1I5AB2>. A?>;L7>20=85 <0B5@80;L=KE 8 4CE>2=KE 1;03 8=D>@<0F8>==>9 F828;870F88 <>65B >15A?5G8BL =0A5;5=8N >AA88 4>AB>9=CN 687=L, M:>=><8G5A:>5 ?@>F25B0=85 8 =5>1E>48<K5 CA;>28O 4;O A2>1>4=>3> @0728B8O ;8G=>AB8. >AA8O 4>;6=0 2>9B8 2 A5<LN B5E=>;>38G5A:8 8 M:>=><8G5A:8 @0728BKE AB@0= =0 ?@020E ?>;=>F5==>3> CG0AB=8:0 <8@>2>3> F828;870F8>==>3> @0728B8O A A>E@0=5=85< ?>;8B8G5A:>9 =57028A8<>AB8, =0F8>=0;L=>9 A0<>1KB=>AB8 8 :C;LBC@=KE B@048F89, A @0728BK< 3@0640=A:8< >1I5AB2>< 8 ?@02>2K< 3>AC40@AB2><. >6=> >6840BL, GB> >A=>2=K5 G5@BK 8 ?@87=0:8 8=D>@<0F8>==>3> >1I5AB20 1C4CB AD>@<8@>20=K 2 >AA88 ?@8 AB018;L=KE A>F80;L=>-?>;8B8G5A:8E CA;>28OE 8 3;C1>:8E M:>=><8G5A:8E ?@5>1@07>20=8OE 2 ?5@2>9 G5B25@B8 %%I AB>;5B8O.  E0@0:B5@=K< G5@B0< 8 ?@87=0:0< 8=D>@<0F8>==>3> >1I5AB20 A;54C5B >B=5AB8: D>@<8@>20=85 548=>3> 8=D>@<0F8>==>-:><<C=8:0F8>==>3> ?@>AB@0=AB20 >AA88 :0: G0AB8 <8@>2>3> 8=D>@<0F8>==>3> ?@>AB@0=AB20, ?>;=>?@02=>5 CG0AB85 >AA88 2 ?@>F5AA0E 8=D>@<0F8>==>9 8 M:>=><8G5A:>9 8=B53@0F88 @538>=>2, AB@0= 8 =0@>4>2; AB0=>2;5=85 8 2 ?>A;54CNI5< 4><8=8@>20=85 2 M:>=><8:5 =>2KE B5E=>;>38G5A:8E C:;04>2, 1078@CNI8EAO =0 <0AA>2>< 8A?>;L7>20=88 ?5@A?5:B82=KE 8=D>@<0F8>==KE B5E=>;>389, A@54AB2 2KG8A;8B5;L=>9 B5E=8:8 8 B5;5:><<C=8:0F89; A>740=85 8 @0728B85 @K=:0 8=D>@<0F88 8 7=0=89 :0: D0:B>@>2 ?@>872>4AB20 2 4>?>;=5=85 : @K=:0< ?@8@>4=KE @5AC@A>2, B@C40 8 :0?8B0;0, ?5@5E>4 8=D>@<0F8>==KE @5AC@A>2 >1I5AB20 2 @50;L=K5 @5AC@AK A>F80;L=>-M:>=><8G5A:>3> @0728B8O, D0:B8G5A:>5 C4>2;5B2>@5=85 ?>B@51=>AB59 >1I5AB20 2 8=D>@<0F8>==KE ?@>4C:B0E 8 CA;C30E; 2>7@0AB0=85 @>;8 8=D>@<0F8>==>-:><<C=8:0F8>==>9 8=D@0AB@C:BC@K 2 A8AB5<5 >1I5AB25==>3> ?@>872>4AB20; ?>2KH5=85 C@>2=O >1@07>20=8O, =0CG=>-B5E=8G5A:>3> 8 :C;LBC@=>3> @0728B8O 70 AG5B @0AH8@5=8O 2>7<>6=>AB59 A8AB5< 8=D>@<0F8>==>3> >1<5=0 =0 <564C=0@>4=><, =0F8>=0;L=>< 8 @538>=0;L=>< C@>2=OE 8, A>>B25BAB25==>, ?>2KH5=85 @>;8 :20;8D8:0F88, ?@>D5AA8>=0;87<0 8 A?>A>1=>AB59 : B2>@G5AB2C :0: 206=59H8E E0@0:B5@8AB8: CA;C3 B@C40; A>740=85 MDD5:B82=>9 A8AB5<K >15A?5G5=8O ?@02 3@0640= 8 A>F80;L=KE 8=AB8BCB>2 =0 A2>1>4=>5 ?>;CG5=85, @0A?@>AB@0=5=85 8 8A?>;L7>20=85 8=D>@<0F88 :0: 206=59H53> CA;>28O 45<>:@0B8G5A:>3> @0728B8O. 5>1E>48<>ABL ?5@5E>40 : 8=D>@<0F8>==><C >1I5AB2C B5A=> A2O70=0 A 87<5=5=85< E0@0:B5@0 2>7459AB28O =0CG=>-B5E=8G5A:>3> ?@>3@5AA0 =0 687=L ;N459.  :>=F5 %% 25:0 A:>@>ABL A<5=K B5E=>;>38G5A:8E C:;04>2 2 ?@>872>4AB25, B5E=>;>38OE ?@54>AB02;5=8O ?@>4C:F88 8 CA;C3 8 C?@02;5=88 MB8<8 ?@>F5AA0<8 ACI5AB25==> C25;8G8;0AL. A;8 2 =0G0;5 8 4065 2 A5@548=5 25:0 B0:85 A<5=K ?@>8AE>48;8 2 ?5@8>4K 2@5<5=8, 7=0G8B5;L=> ?@52KH0NI85 4;8B5;L=>ABL 687=8 >4=>3>-42CE ?>:>;5=89, B> A53>4=O A<5=0 B5E=>;>38G5A:>3> C:;040 ?@>8AE>48B 70 1>;55 :>@>B:89 A@>:. @8 MB>< :0@48=0;L=> <5=O5BAO >1@07 687=8 1>;LH59 G0AB8 =0A5;5=8O, A>F80;L=>-?A8E>;>38G5A:0O <>45;L ?>2545=8O ;N459 8 >1I5AB20 2 F5;><. A>15==> ACI5AB25==> =0G8=0NB >B;8G0BLAO <>45;8 ?>2545=8O =K=5H=53> 8 1C4CI53> ?>:>;5=89 - 8725AB=0O ?@>1;5<0  >BF>2 8 45B59 . G5284=>, GB> >4=8< 87 D0:B>@>2, A?>A>1=KE 2 >?@545;5==>9 AB5?5=8 >A;018BL 2>7459AB285 =0 ?A8E8:C G5;>25:0 ?>4>1=KE 87<5=5=89 2 >1@075 687=8, O2;O5BAO C@>25=L 8=D>@<0F8>==>9 ?>43>B>2;5==>AB8 G5;>25:0 : 3@O4CI8< 87<5=5=8O<. 4=8< 87 206=59H8E ?>:070B5;59 87<5=5=8O >1@070 687=8 2> 2B>@>9 ?>;>28=5 =0H53> 25:0 O2;O5BAO @0728B85 8 8A?>;L7>20=85 =>2KE 8=D>@<0F8>==>-:><<C=8:0F8>==KE B5E=>;>389 2> 2A5E >1;0ABOE A>F80;L=>9 687=8 8 45OB5;L=>AB8, C@>25=L ?@>872>4AB20 8 ?>B@51;5=8O >1I5AB2>< 8=D>@<0F8>==KE ?@>4C:B>2 8 CA;C3. G5284=K 87<5=5=85 >B=>H5=8O : 8=D>@<0F88 8 @0AH8@5=85 2>7<>6=>AB59 ?>;CG5=8O 8 ?@8<5=5=8O 8=D>@<0F88 4;O CA8;5=8O G5;>25G5A:>3> ?>B5=F80;0 8 53> @0728B8O 2> <=>38E =0?@02;5=8OE. A5 2KH5A:070==>5 >?@545;O5B 2>7=8:=>25=85 8 =5>1E>48<>ABL @5H5=8O A;>6=>9 >1I5AB25==> 7=0G8<>9 7040G8 - A>740=85 A>F80;L=>-?A8E>;>38G5A:>9 <>45;8 ?>2545=8O G;5=0 8=D>@<0F8>==>3> >1I5AB20, 2KO2;5=8O "B>G5:" 8 <5B>4>2 2>7459AB289, :>B>@K5 >15A?5G0B =>@<0;L=CN 040?B0F8N 8 :><D>@B=>5 ACI5AB2>20=85 G5;>25:0 2 CA;>28OE 8=D>@<0F8>==>3> >1I5AB20, C<5=LH0B ?@>B82>@5G8O <564C ?>:>;5=8O<8. @54AB02;O5BAO, GB> =081>;55 459AB25==K< >1@07>< B0:>5 2>7459AB285 >:07K205B A8AB5<0 >1@07>20=8O, :>B>@0O 4>;6=0 ?@8CG0BL @515=:0, ?>4@>AB:0 8 27@>A;>3> : =5>1E>48<>AB8 ?>AB>O==KE 87<5=5=89 2 >1@075 687=8, : 2>A?@8OB8N, A;54>20=8N 8 A>E@0=5=8N =0F8>=0;L=KE B@048F89 8 :C;LBC@=>3> =0A;54AB20 A2>59 AB@0=K. 1. @54?>AK;:8 ?5@5E>40 >AA88 : 8=D>@<0F8>==><C >1I5AB2C  >AA88 70 ?>A;54=85 7-10 ;5B AD>@<8@>20;8AL B0:85 D0:B>@K A>F80;L=>-M:>=><8G5A:>3>, =0CG=>-B5E=8G5A:>3> 8 :C;LBC@=>3> @0728B8O, :>B>@K5 <>6=> @0AA<0B@820BL :0: ?@54?>AK;:8 ?5@5E>40 : 8=D>@<0F8>==><C >1I5AB2C.  B0:8< ?@54?>AK;:0< A;54C5B >B=5AB8: 1.1. =D>@<0F8O AB0=>28BAO >1I5AB25==K< @5AC@A>< @0728B8O, <0AHB01K 55 8A?>;L7>20=8O AB0;8 A>?>AB028<K<8 A B@048F8>==K<8 (M=5@38O, AK@L5 8 B.4.) @5AC@A0<8. #65 A53>4=O >1J5< ?@>406 2 >AA88 B>;L:> A@54AB2 2KG8A;8B5;L=>9 B5E=8:8 8 8=D>@<0B8:8 (2 >A=>2=>< - 8 ?5@8D5@88) 4>AB8305B 25;8G8=K 1>;55 >4=>3> <8;;8>=0 HBC: 2 3>4 8 >F5=8205BAO, ?@8<5@=>, 2 1,5 <;@4. 4>;;0@>2. 0: ?>:07K205B <8@>2>9 >?KB AB>8<>ABL ?@>406 ?@>3@0<<=>3> ?@>4C:B0, >1KG=> @02=0 8;8 =5A:>;L:> 1>;LH5 70B@0B =0 B5E=8:C, 0 70B@0BK =0 ?5@A>=0;L=K5 A@54AB20 A2O78, 0C48> 8 2845>0??0@0BC@C >1KG=> A>87<5@8<K A 70B@0B0<8 =0 A@54AB20 2KG8A;8B5;L=>9 B5E=8:8. -B8 <8=8<0;L=K5 ?@81;865==K5 >F5=:8 AC<<0@=> A>AB02;ONB 4,5 <;@4. 4>;;0@>2, GB> A>AB028B ?>@O4:0 5%  >AA88 2 19973. -B0 25;8G8=0 AC<<0@=KE 70B@0B =0 8=D>@<0F8N C65 8<55B <0:@>M:>=><8G5A:CN 7=0G8<>ABL 8 E0@0:B5@87C5B @>AB 8A?>;L7>20=8O @5AC@A0  8=D>@<0F8O . 1.2. >6=> 3>2>@8BL > B><, GB> 2 >AA88 AD>@<8@>20;AO 8 CA?5H=> @0728205BAO >B5G5AB25==K9 @K=>: B5;5:><<C=8:0F89, 8=D>@<0F8>==KE B5E=>;>389, ?@>4C:B>2 8 CA;C3. 1J5< A@54AB2, F8@:C;8@CNI8E =0 @>AA89A:>< @K=:5, 4>AB8305B 5-7,5 <;@4. 4>;;./3>4. 1.3.  F5;>< 2 AB@0=5, =5A<>B@O =0 M:>=><8G5A:89 A?04, @0AB5B ?0@: -, CA:>@5==K<8 B5<?0<8 845B @0728B85 A8AB5< 8 A@54AB2 B5;5:><<C=8:0F88. 0AB5B :>;8G5AB2> :>@?>@0B82=KE 8=D>@<0F8>==KE A5B59 8 =5?@5@K2=> C25;8G8205BAO G8A;> 01>=5=B>2 <8@>2KE >B:@KBKE A5B59. >;8G5AB2> @>AA89A:8E ?>;L7>20B5;59 =B5@=5B0 ?@81;8605BAO : <8;;8>=C. =B5=A82=> @0AH8@O5BAO =0F8>=0;L=0O A5BL A2O78, 8A?>;L7CNI0O A?CB=8:>2K5 :0=0;K. #A?5H=> >ACI5AB2;O5BAO B5;5D>=870F8O AB@0=K 8 AB@5<8B5;L=> @0AB5B @K=>: A@54AB2 <>18;L=>9 A2O78. 1.4.  7=0G8B5;L=>9 AB5?5=8 8=D>@<0B878@>20=K <=>385 >B@0A;8 E>7O9AB20, 10=:>2A:0O AD5@0 8 AD5@0 3>AC40@AB25==>3> C?@02;5=8O. 1.5.  >1I5AB25==>< <=5=88 A:;04K205BAO ?>=8<0=85 0:BC0;L=>AB8 7040G8 ?5@5E>40 : 8=D>@<0F8>==><C >1I5AB2C A ?>;8B8G5A:>9 8 M:>=><8G5A:>9 B>G5: 7@5=8O. 1 MB>< A2845B5;LAB2C5B H8@>:89 >1I5AB25==K9 @57>=0=A >=F5?F88 3>AC40@AB25==>9 8=D>@<0F8>==>9 ?>;8B8:8, :>B>@0O <>65B @0AA<0B@820BLAO :0: ?>;8B8:0 >15A?5G5=8O =0G0;L=>3> MB0?0 ?5@5E>40 >AA88 : 8=D>@<0F8>==><C >1I5AB2C. 1.6. !53>4=O >AA8O O2;O5BAO G0ABLN <8@>2>3> ?>;8B8G5A:>3> 8 M:>=><8G5A:>3> A>>1I5AB20 2 B0:>9 AB5?5=8, 2 :0:>9 >=0 =8:>340 =5 1K;0 2 ?@>H;><.  ?@O<>< 8 ?5@5=>A=>< A<KA;5 >AA8O ?>4A>548=5=0 : >AB0;L=><C <8@C :015;L=K<8 8 A?CB=8:>2K<8 :0=0;0<8 A2O78, 0:B82=> 8A?>;L7C5<K<8 A>B=O<8 BKAOG A>B>2KE 8 ?@>ABKE B5;5D>=>2, D0:A>2, :><?LNB5@>2 8 B.4. 1.7. !D>@<8@>20=0 8 DC=:F8>=8@C5B 3>AC40@AB25==0O AB@C:BC@0, >B25BAB25==0O 70 A>740=85 8 @0728B85 8=D>@<0F8>==>-B5E=>;>38G5A:>3> 1078A0 >15A?5G5=85 ?@>F5AA>2 ?5@5E>40. 2. &5;L >=F5?F88 &5;LN =0AB>OI59 >=F5?F88 O2;O5BAO >?@545;5=85 @>AA89A:>3> ?CB8 ?5@5E>40 (8;8 ?>AB@>5=8O) 8=D>@<0F8>==>3> >1I5AB20, >A=>2=KE CA;>289, ?>;>65=89 8 ?@8>@8B5B>2 3>AC40@AB25==>9 8=D>@<0F8>==>9 ?>;8B8:8, >15A?5G820NI8E 53> @50;870F8N.  >=F5?F88 D>@<C;8@CNBAO ?>;8B8G5A:85, A>F80;L=>-M:>=><8G5A:85, :C;LBC@=K5 8 B5E=8:>-B5E=>;>38G5A:85 ?@54?>AK;:8 8 CA;>28O MB>3> ?5@5E>40 8 >1>A=>2K205BAO A?5F8D8:0 @>AA89A:>3> ?CB8 : 8=D>@<0F8>==><C >1I5AB2C. 3. 07>2K5 ?>;>65=8O >=F5?F88 3.1. !B@0B538G5A:>9 F5;LN ?5@5E>40 : 8=D>@<0F8>==><C >1I5AB2C O2;O5BAO A>740=85 @0728B>9 8=D>@<0F8>==>-:><<C=8:0F8>==>9 A@54K >1I5AB20 8 8=B53@0F8O >AA88 2 <8@>2>5 8=D>@<0F8>==>5 A>>1I5AB2>, GB> 4>;6=> >15A?5G8BL ACI5AB25==>5 ?>2KH5=85 :0G5AB20 687=8 =0A5;5=8O 8 A>F80;L=>-?>;8B8G5A:CN AB018;L=>ABL >1I5AB20 8 3>AC40@AB20. 3.2.  1;8609H59 ?5@A?5:B825 ?5@5E>4 : 8=D>@<0F8>==><C >1I5AB2C 4>;65= @0AA<0B@820BLAO :0: =5>1E>48<>5 CA;>285 2KE>40 AB@0=K 87 A53>4=OH=53> M:>=><8G5A:>3> :@878A0, :0: 8=AB@C<5=B ?@5>4>;5=8O B@C4=>AB59 A>F80;L=>9, ?>;8B8G5A:>9 8 4CE>2=>9 687=8, :0: D0:B>@ 8=B53@0F88 >1I5AB25==>3> A>7=0=8O 2>:@C3 =5?@5E>4OI8E 3C<0=8AB8G5A:8E F5==>AB59 8 =0F8>=0;L=>-8AB>@8G5A:8E B@048F89 =0@>4>2 >AA88, =0:>=5F, :0: 8=AB@C<5=B C:@5?;5=8O D545@0B82=>3> 3>AC40@AB20 8 A>F80;L=>-M:>=><8G5A:>3> 2K@02=820=8O C@>2=O 687=8 2 @538>=0E AB@0=K. 3.3. 5@5E>4 : 8=D>@<0F8>==><C >1I5AB2C ?>;=>ABLN >B25G05B :>=F5?F88 CAB>9G82>3> @0728B8O -D>@<8@>20=8N M:>=><8:8, >A=>20==>9 =0 7=0=8OE, 0 =5 =0 @0AH8@ONI5<AO ?>B@51;5=88 ?@8@>4=KE @5AC@A>2, A>:@0I5=8N >BE>4>2 ?@>872>4AB20, @5H5=8N M:>;>38G5A:8E ?@>1;5<, ?@8>1I5=8N : 1;030< B5E=>35==>9 F828;870F88. 3.4. >AC40@AB2> 83@05B 254CICN @>;L 2 >15A?5G5=88 ?@>F5AA0 ?5@5E>40 : 8=D>@<0F8>==><C >1I5AB2C 70 AG5B: :>>@48=0F88 45OB5;L=>AB8 @07;8G=KE CG0AB=8:>2 MB>3> ?@>F5AA0; @0728B8O 8=AB8BCB>2 45<>:@0B88 =0 2A59 B5@@8B>@88 AB@0=K, >15A?5G5=8O, 2A5<8 2>7<>6=K<8 ?@02>2K<8 <5@0<8, A>1;N45=8O ?@02 3@0640= 2 CA;>28OE 8=D>@<0F8>==>3> >1I5AB20 8 D>@<8@>20=8O 8=D>@<0F8>==> >B:@KB>3> >1I5AB20; A>E@0=5=8O 2 A2>8E @C:0E ?>;8B8G5A:8E, M:>=><8G5A:8E 8 ?@02>2KE <5E0=87<>2, @53;0<5=B8@CNI85  ?@028;0 83@K 4;O CG0AB=8:>2 MB>3> ?@>F5AA0; A>740=8O 045:20B=>9 =>2K< CA;>28O< 70:>=>40B5;L=>9 8 =>@<0B82=>-?@02>2>9 107, D>@< 8 <5B>4>2 04<8=8AB@0B82=>3> @53C;8@>20=8O, A?>A>1AB2CNI8E ?@8B>:C 8=25AB8F89 8 @0728B8N A?@0254;82>9 :>=:C@5=F88; ?@82;5G5=8O : 0:B82=><C CG0AB8N 2 ?@>F5AA5 ?5@5E>40 G0AB=>3> A5:B>@0 M:>=><8:8; ?@54>AB02;5=8O A2>1>4K 2K1>@0 =0?@02;5=89 45OB5;L=>AB8 ?@54?@8=8<0B5;LA:8< AB@C:BC@0<, 708=B5@5A>20==K< 2 @0728B88 ?@>872>4AB20 8 >B5G5AB25==>3> @K=:0 8=D>@<0F8>==>-:><<C=8:0F8>==KE A@54AB2, ?@>4C:B>2 8 CA;C3.  CA;>28OE >BACBAB28O C 3>AC40@AB20 <>I=KE D8=0=A>2KE @KG03>2, A?>A>1=KE >15A?5G8BL ?@>F5AAK ?5@5E>40 : 8=D>@<0F8>==><C >1I5AB2C, >A=>2=K<8 A@54AB20<8 3>AC40@AB25==>3> @53C;8@>20=8O 8 :>=B@>;O 70 ?@>F5AA0<8 ?5@5E>40 >AB0NBAO 70:>=>40B5;L=0O 8 =>@<0B82=>-?@02>20O 107K, @53C;8@CNI85 8=D>@<0F8>==K5 >B=>H5=8O 2 >1I5AB25. 3.5. 0 =0G0;L=>< MB0?5 A>740=8O A>F80;L=>-7=0G8<KE 8=D>@<0F8>==>-:><<C=8:0F8>==KE A8AB5< 8 :><?;5:A>2 (2 AD5@0E B@C4>CAB@>9AB20, >1@07>20=8O, 74@02>>E@0=5=8O, A>F80;L=>3> >15A?5G5=8O 8 4@.) 3>AC40@AB2> 15@5B =0 A51O >A=>2=K5 @0AE>4K, => 2 40;L=59H5< CE>48B A @K=:0, @8 MB>< ?@54?>;0305BAO, GB> 7=0G8B5;L=K5 D8=0=A>2K5 @5AC@AK 1C4CB ?>ABC?0BL >B =0A5;5=8O 2 2845 >?;0BK ?@54>AB02;O5<KE 8=D>@<0F8>==KE 8 :><<C=8:0F8>==KE CA;C3 8 CA;C3 A2O78. 3.6. >AC40@AB2> 2KABC?05B :0B0;870B>@>< ?@>8AE>4OI8E ?5@5<5= 2 8=B5@5A0E @0728B8O >1I5AB20 8 ;8G=>AB8. ! MB>9 F5;LN >=>: 2545B 1>@L1C A <>=>?>;87<>< 8 >ACI5AB2;O5B :>=B@>;L 70 :>=F5=B@0F859 A>1AB25==>AB8 2 ! 8 B5;5:><<C=8:0F8>==>< 187=5A5; N@848G5A:8 8 B5E=>;>38G5A:8 >15A?5G8205B ?@020 =0 4>ABC? : 8=D>@<0F88 8 8=D>@<0F8>==K< @5AC@A0< 4;O 2A53> =0A5;5=8O, 0 B0:65 >E@0=C ?5@A>=0;L=KE 40==KE, 30@0=B8@C5B 3@0640=0< ?@54>AB02;5=85 ?>AB>O==> @0AH8@ONI53>AO =01>@0 8=D>@<0F8>==KE CA;C3 (B5;5D>==0O A2O7L, M;5:B@>==0O ?>GB0, <C;LB8<5489=>5 >1@07>20=85 8 4@.); 30@0=B8@C5B A2>1>4C A;>20 =57028A8<> >B B5E=>;>38G5A:>9 A@54K @0A?@>AB@0=5=8O 8=D>@<0F88; ?@8=8<05B <5@K ?> C:@5?;5=8N <=>3>=0F8>=0;L=>9 :C;LBC@K, @CAA:>3> 8 =0F8>=0;L=KE O7K:>2, ?@>B82>AB>8B 8=D>@<0F8>==>-:C;LBC@=>9 M:A?0=A88 4@C38E AB@0=, >ACI5AB2;O5<>9 G5@57 ! 8 >B:@KBK5 8=D>@<0F8>==K5 A5B8, A?>A>1AB2C5B A>E@0=5=8N O7K:>2>9 8 :C;LBC@=>9 A0<>1KB=>AB8, 2K@010BK205B 3>AC40@AB25==CN ?>;8B8:C ?> @0728B8N @>AA89A:>9 G0AB8 =B5@=5B0; >15A?5G8205B H8@>:>5 8A?>;L7>20=85 B5;5<548F8=K 4;O =0A5;5=8O >B40;5==KE @538>=>2; >ACI5AB2;O5B 8 F5;5=0?@02;5==>5 8A?>;L7>20=85 8=D>@<0F8>==KE 8 :><<C=8:0F8>==KE B5E=>;>389 4;O @0AH8@5=8O 480;>30 2;0AB8 8 3@0640=. 3.7. >AC40@AB2> >15A?5G8205B 4>ABC? : >1I5AB25==>9 8=D>@<0F88. =D>@<0F8O 4>;6=0 1KBL >B:@KB0 4;O 2A5E 8 ?@54>AB02;OBLAO ?>AB>O==> A 30@0=B859 4>AB>25@=>AB8 8 ?>;=>BK. A=>2=0O, ?5@28G=0O 8=D>@<0F8O ?@54>AB02;O5BAO =0A5;5=8N 15A?;0B=>. A;8 B@51C5BAO 4>?>;=8B5;L=0O >1@01>B:0, 4>;6=0 CAB0=02;820BLAO @07C<=0O F5=0, 2:;NG0NI0O AB>8<>ABL ?>43>B>2:8 8 ?5@540G8 8=D>@<0F88 8 =51>;LHCN ?@81K;L. @8 >?@545;5=88 AB>8<>AB8 CA;C3 ?> ?5@540G5 8=D>@<0F88 ?@8=8<05BAO 2 @0AG5B E0@0:B5@ 55 8A?>;L7>20=8O ?>B@518B5;5<. 3.8. @>F5AA ?5@5E>40 >AA88 : 8=D>@<0F8>==><C >1I5AB2C 4>;65= 1KBL B5A=> A2O70= A @0728B85< <8@>2>3> 8=D>@<0F8>==>3> A>>1I5AB20. >;6=> 1KBL >15A?5G5=> 0:B82=>5 CG0AB85 >AA88 2 <564C=0@>4=>< @0745;5=88 B@C40 =0 <8@>2>< @K=:5 8=D>@<0F8>==>-:><<C=8:0F8>==KE A@54AB2, ?@>4C:B>2 8 CA;C3, 2 @07@01>B:5 <564C=0@>4=KE AB0=40@B>2 8 ?@02>2KE ?>;>65=89 2 MB>9 >1;0AB8, 2 @50;870F88 <564C=0@>4=KE ?@>5:B>2 8 ?@>3@0<< 8=D>@<0B870F88. 5>1E>48<> A>B@C4=8G5AB2> A <564C=0@>4=K<8 >@30=870F8O<8, ?@5645 2A53> A !>25B>< 2@>?K, ?@8 D>@<8@>20=88 @K=:>2 0C48>287C0;L=>9 8 45;>2>9 8=D>@<0F88, @0728B88 @K=:0 B5;5:><<C=8:0F89. 3.9. 5;L7O =5 >B25G0BL =0 =>2K5 2K7>2K <564C=0@>4=>9, =0F8>=0;L=>9, >1I5AB25==>9 8 ;8G=>9 157>?0A=>AB8, ?>@>6405<K5 42865=85< : 8=D>@<0F8>==><C >1I5AB2C. 5GL 845B > ?>43>B>2:5 8 ?@8=OB88 H8@>:><0AHB01=KE <564C=0@>4=>-?@02>2KE A>3;0H5=89, AB02OI8E ?>4 :>=B@>;L ?@>872>4AB2> 8 @0A?@>AB@0=5=85 8=D>@<0F8>==KE B5E=>;>389 2 :0G5AB25 >@C68O, > :>>@48=0F88 45OB5;L=>AB8 2 AD5@5 1>@L1K A 8=D>@<0F8>==K< B5@@>@87<>< 8 :><?LNB5@=K<8 ?@5ABC?;5=8O<8, > 459AB25==KE <5@0E 70I8BK 8=D>@<0F8>==KE @5AC@A>2, A>AB02;ONI8E =0F8>=0;L=>5 4>AB>O=85, 8=B5;;5:BC0;L=>9 A>1AB25==>AB8 8 02B>@A:8E ?@02 =0 <0B5@80;K, @0A?@>AB@0=O5<K5 ?> <8@>2K< >B:@KBK< A5BO<. >;6=K 1KBL @0AA<>B@5=K 2>7<>6=>AB8 :>=B@>;O 70 @0A?@>AB@0=5=85< ?> =B5@=5BC =5?@8AB>9=>9 8 >A:>@1;ONI59 >1I5AB25==CN =@02AB25==>ABL 8=D>@<0F88, =54>1@>A>25AB=>9 @5:;0<K, <>H5==8G5A:8E >?5@0F89 8 ?@>G8E <0B5@80;>2, >:07K20NI8E =530B82=>5 2>7459AB285 =0 D878G5A:>5, ?A8E8G5A:>5 8 <>@0;L=>9 74>@>2L5 ;N459. 3.10. 50;870F8O ?@>F5AA0 ?5@5E>40 : 8=D>@<0F8>==><C >1I5AB2C 4>;6=0 CG8BK20BL =0:>?;5==K9 >B5G5AB25==K9 8 70@C156=K9 >?KB ?@>3@0<<=>-F5;52KE <5B>4>2 >@30=870F88 @01>B. !B@0B538O ?5@5E>40, :0: 8 2>7<>6=K5 ?@>3@0<<K 55 @50;870F88 4>;6=K 8<5BL 8=B53@8@CNI89 E0@0:B5@, >1J548=OBL @07;8G=K5 254><AB25==K5 8 :><<5@G5A:8E ?@>5:BK. !B@0B538O 4>;6=0 8<5BL =04254><AB25==K9 >1I53>AC40@AB25==K9 AB0BCA, >15A?5G820NI89 2>7<>6=>ABL :>>@48=0F88 CA8;89 2A5E CG0AB=8:>2 ?@>F5AA0 ?5@5E>40. 3.11. 5>1E>48<> A<5I5=85 F5=B@0 BO65AB8 ?@>F5AA>2 ?5@5E>40 87 AB>;8FK =0 ?5@8D5@8N, H8@>:>5 ?@82;5G5=85 @538>=0;L=KE 8 <C=8F8?0;L=KE >@30=>2 2;0AB8 : CG0AB8N 2 ?@>F5AA0E 8=D>@<0B870F88 ?> 2A5< =0?@02;5=8O< 8 A>740=8N CA;>289 =0 <5AB0E 4;O ?5@5E>40 : 8=D>@<0F8>==><C >1I5AB2C. 3.12. !B@0B538O ?5@5E>40 : 8=D>@<0F8>==><C >1I5AB2C B@51C5B H8@>:>9 ?A8E>;>38G5A:>9 8 ?@>?030=48ABA:>9 ?>445@6:8 2 >1I5AB25==>< <=5=88. 5 >A=>2=K5 ?>;>65=8O 8 ?@>3@0<<=K5 <5@>?@8OB8O 4>;6=K 1KBL ?>=OB=K =0A5;5=8N, A>F80;L=0O =0?@02;5==>ABL ?5@5E>40 4>;6=0 1KBL @07JOA=5=0, =5>1E>48<>ABL 42865=8O : 8=D>@<0F8>==><C >1I5AB2C 4>;6=0 1KBL >1>A=>20=0 8 4>2545=0 G5@57 ! 4> 3@0640= AB@0=K. 3.13. A=>2=K5 =0?@02;5=8O ?@>F5AA0 ?5@5E>40 A2O70=K A A>740=85< @0728B>9 8=D>@<0F8>==>9 A@54K >1I5AB20, @0AA<0B@8205<>9 :0: A>2>:C?=>ABL B5E=8:>-B5E=>;>38G5A:8E, A>F80;L=>-?>;8B8G5A:8E, M:>=><8G5A:8E 8 A>F80;L=>-:C;LBC@=KE :><?>=5=B>2, D0:B>@>2 8 CA;>289, ?@8 :>B>@KE 8=D>@<0F8O 8 7=0=8O AB0=>2OBAO @50;L=K< 8 MDD5:B82=K< @5AC@A>< A>F80;L=>-M:>=><8G5A:>3> 8 4CE>2=>3> @0728B8O >AA88. ;O D>@<8@>20=8O @0728B>9 8=D>@<0F8>==>9 A@54K >1I5AB20 4>;6=K @0AA<0B@820BLAO @5H5=8O, A2O70==K5 A: @0728B85< 8 <>45@=870F859 ACI5AB2CNI59 B5E=8:>-B5E=>;>38G5A:>9 107K ?5@5E>40 - 8=D>@<0F8>==>-:><<C=8:0F8>==>9 8=D@0AB@C:BC@K, 8=D>@<0F8>==>-:><<C=8:0F8>==KE B5E=>;>389 8 A@54AB2 8E @50;870F88, 8=4CAB@88 ?@>872>4AB20 8 @0A?@>AB@0=5=8O 8=D>@<0F8>==KE ?@>4C:B>2 8 CA;C3; @07@01>B:>9 8 @50;870F859 :><?;5:A0 <5@ ?> ?>;8B8G5A:><C, M:>=><8G5A:><C 8 A>F80;L=>-:C;LBC@=><C >15A?5G5=8N ?@>F5AA0 ?5@5E>40 : 8=D>@<0F8>==><C >1I5AB2C. 3.14. 5@5E>4 : 8=D>@<0F8>==><C >1I5AB2C - MB> 4;8B5;L=K9 ?@>F5AA ?>A;54>20B5;L=>3> ?@81;865=8O : =5:>B>@><C A@54=5<8@>2><C C@>2=N, :>B>@>5 <>65B 1KBL >F5=5=> 87<5=5=85< (?@8@0I5=85<) A8AB5<K 8=48:0B>@>2 =0 <0:@>- 8 <8:@>C@>2=OE, E0@0:B5@87CNI8E 48=0<8:C @0728B8O B5E 8;8 8=KE A>AB02;ONI8E 8=D>@<0F8>==>9 A@54K. 4. A>15==>AB8 8 2>7<>6=K5 ?CB8 ?5@5E>40 >AA88 : 8=D>@<0F8>==><C >1I5AB2C >AA89A:89 ?CBL : 8=D>@<0F8>==><C >1I5AB2C >?@545;O5BAO, :0: 8 4;O 4@C38E 3>AC40@AB2, 55 A53>4=OH=8<8 ?>;8B8G5A:8<8, A>F80;L=>-M:>=><8G5A:8< 8 A>F80;L=>-:C;LBC@=K<8 >A>15==>ABO<8.  B0:8< >A>15==>ABO< A;54C5B >B=5AB8: =5AB018;L=>ABL ?>;8B8G5A:>3> 8 M:>=><8G5A:>3> ?>;>65=8O 2 AB@0=5, =5 ?>72>;ONI0O 3>AC40@AB2C 1KAB@> 8 MDD5:B82=> @5H0BL M:>=><8G5A:85 8 >@30=870F8>==K5 ?@>1;5<K >15A?5G5=8O ?5@5E>40 : 8=D>@<0F8>==><C >1I5AB2C, @0AAG8B0==>3> =0 4;8B5;L=CN ?5@A?5:B82C; 2>7@0AB0NI89 C@>25=L @538>=0;870F88 AB@0=K, A=865=85 C@>2=O 8 2>7<>6=>AB59 F5=B@0;87>20==>3> C?@02;5=8O, 2>7@0AB0=85 AB5?5=8 2>7459AB28O, 2 B>< G8A;5 8 D8=0=A>2>3>, <5AB=KE >@30=>2 2;0AB8 =0 E>4 ?@>F5AA>2 8=D>@<0B870F88; M:>=><8G5A:85 CA;>28O, E0@0:B5@=K5 4;O ?5@5E>4=>9 M:>=><8:8 >AA88: >BACBAB285 A2>1>4=KE 8=25AB8F89 4;O D8=0=A8@>20=8O ?@>3@0<< 8 ?@>5:B>2, @50;87CNI8E AB@0B538N ?5@5E>40 : 8=D>@<0F8>==><C >1I5AB2C, ACI5AB25==>5 ?045=85 >1J5<>2 ?@>872>4AB20 8 ?@5645 2A53> 2 2KA>:>B5E=>;>38G=KE >B@0A;OE, >1I89 70AB>9 2 M:>=><8G5A:>9 45OB5;L=>AB8 8 7=0G8B5;L=>5 A=865=85 C@>2=O 687=8 =0A5;5=8O; A=865=85 ?>B@51=>AB8 2 8=D>@<0F88 2 3>AC40@AB25==>< A5:B>@5 M:>=><8:8 8 @>AB 8=D>@<0F8>==KE ?>B@51=>AB59 =0A5;5=8O 8 >1I5AB20 2 F5;>< 2 >1I5AB25==> 7=0G8<>9 ?>;8B8G5A:>9, M:>=><8G5A:>9 8 A>F80;L=>9 8=D>@<0F88, 2 B>< G8A;5 ?>@>6405<>9 3>AC40@AB25==K<8 8 =53>AC40@AB25==K<8 >@30=870F8O<8; =54>AB0B>G=> 2KA>:89 (?> A@02=5=8N A @0728BK<8 AB@0=0<8) C@>25=L @0728B8O 8=D>@<0F8>==>-:><<C=8:0F8>==>9 8=D@0AB@C:BC@K 8 ?@><KH;5==>3> ?@>872>4AB20 8=D>@<0F8>==KE A@54AB2, ?@>4C:B>2 8 CA;C3, >BACBAB285 C 3>AC40@AB20 A@54AB2 4;O 8E <>45@=870F88 8 @0AH8@5=8O; 2O;>5 ?@>2545=85 @K=>G=KE @5D>@< 2 M:>=><8:8 AB@0=K 2 F5;>< 8 48=0<8G=>5 @0728B85 @>AA89A:>3> @K=:0 8=D>@<0F8>==KE 8 B5;5:><<C=8:0F8>==KE A@54AB2, B5E=>;>389, ?@>4C:B>2 8 CA;C3; ?@545;L=> 2KA>:89 C@>25=L <>=>?>;870F88 A@54AB2 <0AA>2>9 8=D>@<0F88, A;010O ?>4:>=B@>;L=>ABL >1I5AB2C A8AB5<K D>@<8@>20=8O >1I5AB25==>3> A>7=0=8O; >?5@560NI55, A@02=8<>5 ?> B5<?0< @>AB0 A @0728BK<8 AB@0=0<8, A>740=85 @07;8G=KE A8AB5< A2O78 - :0=0;K ?5@540G8 8=D>@<0F88, :><<CB8@CNI85 :><?;5:AK, A@54AB20 A2O78 8 B.4. - 8 8=4CAB@88 ?@54>AB02;5=8O 8=D>@<0F8>==KE CA;C3; =0;8G85, 2 >A=>2=><, 2KA>:>3> =0CG=>3>, >1@07>20B5;L=>3> 8 :C;LBC@=>3> ?>B5=F80;0, A>740==>3> 2 !!!  8 5I5 A>E@0=ONI53>AO 2 >AA88; A@02=8B5;L=> 45H520O 8=B5;;5:BC0;L=0O @01>G0O A8;0, :>B>@0O 5I5 A?>A>1=0 AB028BL 8 @5H0BL A;>6=K5 =0CG=>-B5E=8G5A:85 ?@>1;5<K, 4286CI59 A8;>9 :>B>@>9 2 1>;LH>9 AB5?5=8 O2;O5BAO M=BC7807<. 4.2. 0AA<>B@5==K5 2KH5 ?>;8B8G5A:85 8 A>F80;L=>-M:>=><8G5A:85 CA;>28O, 2 :>B>@KE 5I5 ?>@O4:0 10-15 ;5B 1C45B ?@>8AE>48BL ?5@5E>4 >AA88 : 8=D>@<0F8>==><C >1I5AB2C, ACI5AB25==> >B;8G0NBAO >B CA;>289, E0@0:B5@=KE 4;O @0728BKE AB@0= 8, A;54>20B5;L=>, B@51CNB >?@545;5=8O ?CB8, A2>9AB25==>3> B>;L:> >AA88, >4=0:> CG8BK20NI53> =0:>?;5==K9 <8@>2>9 >?KB. -B>B >?KB ?>:07K205B, GB> :0640O AB@0=0 42865BAO : 8=D>@<0F8>==><C >1I5AB2C A2>8< ?CB5< >B =0G0;L=>3> @C1560, >?@545;O5<K< A;>682H8<8AO ?>;8B8G5A:8<8, A>F80;L=>-M:>=><8G5A:8<8 8 :C;LBC@=K<8 CA;>28O<8. 4.3.  !(, !, /?>=88: <55BAO MDD5:B82=> DC=:F8>=8@CNI0O @K=>G=0O M:>=><8:0, >15A?5G820NI0O ?>AB>O==K9 @>AB 8=D>@<0F8>==KE ?>B@51=>AB59 8 ?;0B565A?>A>1=K9 A?@>A =0 8=D>@<0F8>==K5 ?@>4C:BK 8 CA;C38, 8<55BAO <>I=K9 A@54=89 :;0AA, O2;ONI89AO >A=>2=K< ?>B@518B5;5< 8=D>@<0F8>==KE CA;C3. -:>=><8:8 MB8E AB@0= @0A?>;030NB A2>1>4=K<8 A@54AB20<8 4;O ?>445@6:8 ?@>F5AA>2 8=D>@<0B870F88 8 @0728B8O 8=D>@<0F8>==>-:><<C=8:0F8>==>9 8=D@0AB@C:BC@K, ACI5AB2C5B 3>AC40@AB25==K5 AB@0B5388 8 ?@>3@0<<K 2 ?>AB@>5=8O 2 MB8E AB@0=0E 8=D>@<0F8>==>3> >1I5AB20 - 2 >AA88 2A53> MB>3> ?@0:B8G5A:8 =5B. @0:B8G5A:8 70:>=G5=K ?@>F5AAK ?5@5AB@C:BC@870F88 ?@><KH;5==>3> ?@>872>4AB20 8 ?5@5E>40 >B @5AC@A>5<:>3> (AK@L5, M=5@38O, B@C4) : =0C:>5<:><C ?@>872>4AB2C - 2 >AA88 MB>3> A53>4=O =5 ?@>8AE>48B. #@>25=L 8=D>@<0B870F88 A8AB5< C?@02;5=8O @07=>3> C@>2=O 8 ?@8=04;56=>AB8 (3>AC40@AB25==K5, :><<5@G5A:85, <C=8F8?0;L=K5 8 4@.) 4>AB0B>G=> 2KA>: - 2 >AA88 B0:>9 C@>25=L 2 <0AHB015 AB@0=K 1C45B 4>AB83=CB 5I5 =5A:>@>. <55BAO E>@>H> @0728B0O 8=D@0AB@C:BC@0 ?@>872>4AB20 8 ?@54>AB02;5=8O =0A5;5=8N 8=D>@<0F8>==KE ?@>4C:B>2 8 CA;C3, 2KA>:89 C@>25=L 8=D>@<0F8>==>9 :C;LBC@K =0A5;5=8O, A;>682H59AO A8AB5<K :><?LNB5@=>3> >1@07>20=8O, 4><0H=59 :><?LNB5@870F88, 8A?>;L7>20=8O A5B8 =B5@=5B - 2 >AA88 MB> 2A5 5I5 =0E>48BAO 2 =0G0;L=>< A>AB>O=88. 4=0:>: I5 8 A53>4=O 2 >AA88 >4=0 87 ;CGH8E A8AB5< >1I53> >1@07>20=8O, =5 ?>;=>ABLN ?>B5@O= =0CG=K9 ?>B5=F80; 2 >1;0AB8 8=D>@<0B8:8, 8<5NBAO 8=B5@5A=K5 B5>@5B8G5A:85 @07@01>B:8 <8@>2>3> C@>2=O. >AA8O >1;0405B 25;8:8< :C;LBC@=K< =0A;5485< 8 A>2@5<5==>9 A0<>1KB=>9 <=>3>=0F8>=0;L=>9 :C;LBC@>9, GB> >B:@K205B 1>;LH85 2>7<>6=>AB8 =0?>;=8BL @>AA89A:8< A>45@60=85< ?@54>AB02;O5<K5 =0A5;5=8N 8=D>@<0F8>==K5 ?@>4C:BK 8 CA;C38. 0728B85 @>AA89A:8E B5;5:><<C=8:0F89 2A5E 284>2 845B >?5@560NI8<8 B5<?0<8 ?> A@02=5=8N A 4@C38<8 >1;0ABO<8 M:>=><8G5A:>9 45OB5;L=>AB8, GB> ?>72>;O5B @0AAG8BK20BL =0 CA?5H=>5 D>@<8@>20=85 8=D@0AB@C:BC@K ?@54>AB02;5=8O =0A5;5=8N 8=D>@<0F8>==KE 8 :><<C=8:0F8>==KE CA;C3. 4.4. 5@5E>4 : 8=D>@<0F8>==><C >1I5AB2C ;N1>9 AB@0=K - MB> ?@>F5AA, B@51CNI89 1>;LH8E <0B5@80;L=KE 70B@0B =0 D>@<8@>20=85 8 @0728B85 8=D>@<0F8>==>9 A@54K, @0728B85 8=4CAB@88 8=D>@<0F8>==KE CA;C3 8  4>2545=85 8E 4> :064>3> G;5=0 >1I5AB20. !53>4=O, =0?@8<5@, !( 2;>68;8 8 ?@>4>;60NB 2:;04K20BL 2 @0728B85 MB>9 8=4CAB@88 4> 10% A2>53> , => 8 ?>;CG0NB 70 AG5B MB>3> 1>;55 25% A2>53> . @8<5@=> B0:85 65 >1J5<K E0@0:B5@=K 8 4;O 4@C38E @0728BKE AB@0=. >AA8O 5420 ;8 <>65B 1KBL 8A:;NG5=85<. 4.5. 7 A:070==>3> 2KB5:05B, GB> 2>7<>6=K 420 20@80=B0 ?5@5E>40 >AA88 : 8=D>@<0F8>==><C >1I5AB2C. 5@2K9 20@80=B - ?>2B>@5=85 B>3> ?CB8, :>B>@K9 C65 ?@>945= 8;8 ?@>E>48BAO 4@C38<8 AB@0=0<8, 2 >A=>2=><, 52@>?59A:8<8. = B@51C5B 7=0G8B5;L=KE :0?8B0;>2;>65=89, 4>AB0B>G=> :>@>B:89 ?> 2@5<5=8 (=5 1>;55 7-10 ;5B 4> 2KE>40 =0 A@54=552@>?59A:89 C@>25=L 8=D>@<0B870F88 ?@8 CA;>288 2-3% B5<?0 M:>=><8G5A:>3> @>AB0). !:>@>ABL 42865=8O ?> B0:><C 20@80=BC 1C45B >15A?5G820BLAO 2K45;5==K<8 A@54AB20<8 (=5 <5=55 5-7% ). @><5 B>3>, MB>B ?CBL 1C45B B@51>20BL ACI5AB25==>3> 87<5=5=8O @>AA89A:>3> <5=B0;8B5B0 8 ?5@5>@85=B0F88 >1I5AB25==>3> A>7=0=8O =0 F5;8, ?@8>@8B5BK 8 =0?@02;5=8O @0728B8O, A2>9AB25==K5 0<5@8:0=A:><C 8;8 52@>?59A:><C >1@07C 687=8. B>@>9 20@80=B - =0E>645=85 ?CB8, >@85=B8@>20==>3> =0 G8AB> @>AA89A:85 :@8B5@88 8 E0@0:B5@8AB8:8 :0G5AB20 687=8, A>F80;L=>-:C;LBC@=K5 >A>15==>AB8 8 B@51CNI53> 2 A53>4=OH=8E A>F80;L=>-M:>=><8G5A:8E CA;>28OE ;8HL <8=8<0;L=KE :0?8B0;>2;>65=89 A> AB>@>=K 3>AC40@AB20. -B>B ?CBL =5B@048F8>==K9, =50?@>18@>20==K9. 4=0:> >= B@51C5B E>BO 1K <8=8<0;L=KE B5<?>2 M:>=><8G5A:>3> @>AB0, ?>;8B8G5A:>9 AB018;L=>AB8 2 >1I5AB25 8 ?>;8B8G5A:>9 2>;8 8A?>;=8B5;L=>9 8 70:>=>40B5;L=>9 2;0AB8, ?>AB0282H59 ?5@54 >1I5AB2>< 7040GC ?5@5E>40 : 8=D>@<0F8>==><C >1I5AB2C :0: 7040GC 2KA>:>3> ?@8>@8B5B0. 4.6. ;O @50;870F88 ?5@2>3> ?CB8 B@51C5BAO ?>;CG8BL >A=>2=K5 >1J5<K 8=25AB8F89 87 70@C156=KE 8AB>G=8:>2 8;8 >B >B5G5AB25==KE :><<5@G5A:8E AB@C:BC@ 8 =0A5;5=8O. 10 20@80=B0 =5 @50;L=K - A53>4=O 8 2 >1>7@8<>< 1C4CI5< =8:B> B0:85 A@54AB20 =5 40AB, B.:. C25@5==>AB8 2 8E 2>72@0B5 C 70@C156=KE :@548B>@>2 =5B, 40 8  2K@0I820BL 70 A>1AB25==K5 45=L38 :>=:C@5=B0 =8:B> =5 1C45B. >;CG8BL A@54AB20 >B A>1AB25==KE :><<5@G5A:8E AB@C:BC@ 8 =0A5;5=8O 2 1;8609H85 3>4K =5 ?@54AB02;O5BAO 2>7<>6=K< - 4;O MB>3> =5>1E>48<K ACI5AB25==> 1>;55 2KA>:89 C@>25=L @0728B8O MB8E AB@C:BC@, 70<5B=>5 >682;5=85 @K=>G=KE ?@5>1@07>20=89 8 ?>2KH5=8O :0G5AB20 687=8 =0A5;5=8O. !;54>20B5;L=>, ?@85<;5< B>;L:> 2B>@>9 ?CBL. 4.7. A=>2>9 @>AA89A:>3> ?CB8 4>;6=K O28BLAO: 8=D>@<0B870F8O 2A59 A8AB5<K >1I53> 8 A?5F80;L=>3> >1@07>20=8O - >B 45BA:>3> A040 4> >:>=G0=8O 2KAH59 H:>;K 8 ?>A;54CNI8E D>@< ?>43>B>2:8 8 ?5@5?>43>B>2:8 A?5F80;8AB>2; ?>2KH5=85 @>;8 :20;8D8:0F88, ?@>D5AA8>=0;87<0 8 A?>A>1=>AB59 : B2>@G5AB2C :0: 206=59H8E E0@0:B5@8AB8: G5;>25G5A:>3> ?>B5=F80;0; D>@<8@>20=85 8 @0728B85 8=4CAB@88 8=D>@<0F8>==KE 8 :><<C=8:0F8>==KE CA;C3, 2 B>< G8A;5 4><0H=59 :><?LNB5@870F88, >@85=B8@>20==>9 =0 <0AA>2>3> ?>B@518B5;O; >15A?5G5=85 AD5@K 8=D>@<0F8>==KE CA;C3 4CE>2=K< A>45@60=85<, >B25G0NI8< @>AA89A:8< :C;LBC@=>-8AB>@8G5A:8< B@048F8O<, 2 B>< G8A;5 >@30=870F8O <>I=>3> @CAA:>O7KG=>3> A5:B>@0 2 =B5@=5B5. 4.8. 5H5=85 MB8E B@5E <0AHB01=KE, 8AB>@8G5A:8E 4;O >AA88, 7040G 1C45B >7=0G0BL @50;L=>5 ?@52@0I5=85 8=D>@<0F88 8 7=0=89 2 ?>4;8==K9 @5AC@A A>F80;L=>-M:>=><8G5A:>3> 8 4CE>2=>3> @0728B8O. => 1C45B B0:65 >7=0G0BL C:@5?;5=85 8=AB8BCB>2 3@0640=A:>3> >1I5AB20, @50;L=>5 >15A?5G5=85 ?@020 3@0640= =0 A2>1>4=>5 ?>;CG5=85, @0A?@>AB@0=5=85 8 8A?>;L7>20=85 8=D>@<0F88, @0AH8@5=85 2>7<>6=>AB59 A0<>@0728B8O ;8G=>AB8.  8B>35 >AA8O <>65B 2KABC?8BL :0: =>A8B5;L A?5F8D8G5A:>9 <>45;8 F828;870F8>==>3> @0728B8O, 2> <=>3>< :>@@5:B8@CNI59 70?04=K9 MB0;>=. AB>@8G5A:0O ?@55<AB25==>ABL, =0F8>=0;L=0O 845=B8G=>ABL, 2>AAB0=>2;5=85 =@02AB25==>3> A>7=0=8O, >1@07>20=85 548=>3> 4CE>2=>3> ?@>AB@0=AB20 AB@0=K - B0:>2K >A=>2=K5 >A>15==>AB8 2K18@05<>3> ?CB8 >AA88 : 8=D>@<0F8>==><C >1I5AB2C. 2865=85 ?> MB><C ?CB8, >A>15==> =0 ?5@2KE MB0?0E, B@51C5B H8@>:>9 >1I5AB25==>9 ?>445@6:8, 3;C1>:>3> >A>7=0=8O F5;59 ?5@5E>40 : 8=D>@<0F8>==><C >1I5AB2C 8 ?>;8B8G5A:8E, M:>=><8G5A:8E, A>F80;L=KE 8 :C;LBC@=KE ?@58<CI5AB2, :>B>@K5 ?@54>AB02;O5B =0A5;5=8N 687=L 2 8=D>@<0F8>==>< <8@5. ;O MB>9 ?>445@6:8 4>;6=K 1KBL A:>>@48=8@>20=K CA8;8O <=>38E A?5F80;8AB>2 - 3C<0=8B0@852 ?> D>@<8@>20=8N >1;8:0 3@0640=8=0 8=D>@<0F8>==>3> <8@0, <>45;8 53> 687=545OB5;L=>AB8. -B0 ?>445@6:0 4>;6=0 ?>;CG8BL A0<>5 H8@>:>5 ?@>?030=48ABA:>5 >15A?5G5=85 2> 2A5E ?5G0B=KE 8 M;5:B@>==KE !. 4.9. =D>@<0B870F8O A8AB5<K >1I53> >1@07>20=8O, >@85=B8@>20==0O =0 2>A?8B0=85 =>2>3> ?>:>;5=8O, >B25G0NI53> ?> A2>5<C C@>2=N @0728B8O 8 >1@07C 687=8 CA;>28O< 8=D>@<0F8>==>3> >1I5AB20 - >A=>2=0O ?5@A?5:B82=0O 7040G0 ?5@5E>40 : 8=D>@<0F8>==><C >1I5AB2C. 5 2A5>1J5<;NI55 @5H5=85 ?>B@51C5B 4;8B5;L=>3> 2@5<5=8, =5 <5=55 10-15 ;5B, 2 B5G5=85 :>B>@KE <>65B 1KBL @07@01>B0=0 8 @50;87>20=0 =>20O 845>;>38O =5?@5@K2=>3> >1@07>20=8O =0 2A5E C@>2=OE - >B 45BA:>3> A040 4> >1CG5=8O 8 ?5@5?>43>B>2:8 27@>A;KE - A @07C<=K< A>G5B0=85< 3>AC40@AB25==KE 8 =53>AC40@AB25==KE >1@07>20B5;L=KE 8=AB8BCB>2. 5>1E>48<> CG5ABL, GB> 2 >AA88 8<55BAO A5@L57=K9 7045; 2 >1;0AB8 ?@8<5=5=8O 8=D>@<0F8>==KE 8 B5;5:><<C=8:0F8>==KE B5E=>;>389 2 2KAH59 H:>;5, >4=0:> A>25@H5==> =54>AB0B>G=K @01>BK ?> :><?LNB5@870F88 H:>;, >A>15==> 2 =51>;LH8E 3>@>40E 8 =0 A5;5. 06=CN @>;L 2 8=D>@<0B870F88 >1@07>20=8O 4>;6=K AK3@0BL :C;LBC@=>-8=D>@<0F8>==K5 F5=B@K, M;5:B@>==K5 181;8>B5:8 8 @01>B0 2 =B5@=5B5. 4.10. $>@<8@>20=85 8 @0728B85 8=4CAB@88 8=D>@<0F8>==KE 8 :><<C=8:0F8>==KE CA;C3, >@85=B8@>20==>9 =0 <0AA>2>3> ?>B@518B5;O, O2;O5BAO >4=>9 87 >A=>2=KE 7040G @0728B8O 8=D>@<0F8>==>9 A@54K >1I5AB20, >15A?5G8205B 708=B5@5A>20==>ABL =0A5;5=8O 2 8A?>;L7>20=88 8=D>@<0F88 :0: @5AC@A0 >1I5AB25==>3> 8 8=48284C0;L=>3> @0728B8O, ;8G=>5, 2 B>< G8A;5 D8=0=A>2>5 CG0AB85 2 ?@>F5AA5 ?5@5E>40 : 8=D>@<0F8>==><C >1I5AB2C. 5H5=85 40==>9 7040G8 ?>72>;8B: =5?>A@54AB25==>  4>25AB8 E0@0:B5@=K5 G5@BK 8=D>@<0F8>==>3> >1I5AB20 4> :064>3> G5;>25:0 8 2K25AB8 53> =0 1>;55 2KA>:89 C@>25=L 8=D>@<0F8>==>9 :C;LBC@K 8 :><?LNB5@=>9 3@0<>B=>AB8; >15A?5G8BL @0728B85 =081>;55 48=0<8G=>3> A5:B>@0 @K=:0 8=D>@<0F8>==KE 8 :><<C=8:0F8>==KE A@54AB2, 8=D>@<0F8>==KE ?@>4C:B>2 8 CA;C3; ?@8 ?@028;L=>9 3>AC40@AB25==>9 ?>;8B8:5 >15A?5G8BL ?>445@6:C >B5G5AB25==KE ?@>872>48B5;59 8=D>@<0F8>==KE ?@>4C:B>2 8 CA;C3 8 70=OB85 8<8 MB>3> A5:B>@0 @K=:0; @5H8BL @O4 A;>6=KE ?@>1;5< A>F80;L=>3> E0@0:B5@0 - B5;5@01>B0, <548F8=A:0O ?><>IL =0 4><C, >@30=870F8O 4>AC30, M;5:B@>==0O B>@3>2;O, 8=D>@<0F8>==>-:C;LBC@=>5 >1A;C6820=85, 2 B>< G8A;5 8=20;84>2 8 B.4. 4.11. 15A?5G5=85 AD5@K 8=D>@<0F8>==KE CA;C3 4CE>2=K< A>45@60=85<, >B25G0NI8< @>AA89A:8< :C;LBC@=>-8AB>@8G5A:8< B@048F8O<, O2;O5BAO ?>;8B8G5A:>9 7040G59, @5H5=85 :>B>@>9 4>;6=> >15A?5G8BL ?5@540GC =>2><C ?>:>;5=8N 2A53> <=>3>>1@078O @>AA89A:>9 :C;LBC@K, 2>A?8B0=8O MB>3> ?>:>;5=8O 2 0B<>AD5@5 =0F8>=0;L=KE 4CE>2=KE F5==>AB59 8 8450;>2, <0:A8<0;L=> C<5=LH8BL =530B82=>5 2>7459AB285 =0 <>;>4KE ;N459 0=3;>O7KG=>9 8=D>@<0F8>==>9 M:A?0=A88, :C;LBC@=>->::C?0F8>==>3> E0@0:B5@0 =B5@=5B0. >;6=0 1KBL >:070=0 2A5AB>@>==OO ?>445@6:0 >@30=870F8O <>I=>3> @CAA:>O7KG=>3> A5:B>@0 2 =B5@=5B5. A5 MB> A>740AB ?@54?>AK;:8 4;O ?@5>4>;5=8O 845>;>38G5A:>3> 48:B0B0 8 @0A?@>AB@0=5=8O ?>;8B8G5A:>3> 8 4CE>2=>3> 2;8O=8O !( G5@57 A>2@5<5==K5 :><<C=8:0F8>==K5 A5B8 8 A8AB5<K. 5. !>F80;L=>-:C;LBC@=>5 >1>A=>20=85 2K1@0==>3> ?CB8 5.1. "@8 C:070==K5 2KH5 AB@0B538G5A:85 =0?@02;5=8O ?5@5E>40 4>;6=K 1KBL >@85=B8@>20=K =0 D>@<8@>20=85 B0:8E F5==>AB=KE 8 ?>2545=G5A:8E AB5@5>B8?>2 ?>2545=8O =0A5;5=8O, :>B>@K5 >B25G0NB, A >4=>9 AB>@>=K, :C;LBC@=>-8AB>@8G5A:8< B@048F8O< =0@>4>2 >AA88, 0 A 4@C3>9 - 2KA>:8< B@51>20=8O< F828;870F8>==>3> @0728B8O 2 XXI 25:5. 2865=85 ?> 2K1@0==><C ?CB8 ?>72>;8B A>740BL =>2K5 284K 45OB5;L=>AB8, AD>@<8@>20BL =>2K5 B8?K A>F80;L=KE >B=>H5=89, CA8;8BL 8=B5;;5:BC0;L=K9, B2>@G5A:89 ?>B5=F80; G5;>25:0, ?@8>1I8BL 53> : <8@>2K< :C;LBC@=K< F5==>ABO<. -B> >A>15==> 206=> 4;O ?>154K 8450;>2 4CE>2=>AB8 8 =@02AB25==>AB8 2 8=D>@<0F8>==>< ?@>AB@0=AB25 A>2@5<5==>9 :C;LBC@K, @0748@05<>< :>=:C@5=B=>9 1>@L1>9. 5.2. ;03>40@O 3;>10;870F88 0C48>287C0;L=KE A@54AB2 <0AA>2>9 8=D>@<0F88, :><?LNB5@=KE A5B59, 4>ABC?=>AB8 8=D>@<0F8>==KE @072;5G5=89 2>7=8:05B 3;>10;L=0O <>40, 8=B5=A82=> D>@<8@CNI0O =>2K5 <>45;8 8 =>@<K ?>2545=8O, >A>15==> 2 A@545 <>;>4568. 06=> ?@5>4>;5BL 8E =02O7K20=85 8 40BL 2>7<>6=>ABL =51>;LH8< A>>1I5AB20< 8;8 =0F8>=0;L=K< >1@07>20=8O< @072820BL A2>N :C;LBC@C, A>E@0=OBL O7K:, D>@<8@>20BL GC2AB2> 4CE>2=>3> 548=AB20. 5.3. @8<5=5=85 =>2KE 8=D>@<0F8>==KE 8 B5;5:><<C=8:0F8>==KE B5E=>;>389 ?>@>6405B =>2K5 D>@<K @01>G8E >B=>H5=89 :0: 2 AD5@5 187=5A0, B0: 8 2 AD5@5 8=48284C0;L=>3> B@C40. -B8 =>2K5 >B=>H5=8O ( A5B520O :C;LBC@0, B5;5@01>B0 8 4@.), =5A<>B@O =0 2>7@0AB0=85 8=D>@<0F8>==>3> 402;5=8O =0 G5;>25:0, ?><>30NB B5E=>;>38G5A:8 8 ?A8E>;>38G5A:8 @5H0BL 3;02=CN 7040GC - ?>2KH5=85 MDD5:B82=>AB8 ;N1KE 284>2 45OB5;L=>AB8. 5.4. @8<5=5=85 8=D>@<0F8>==KE 8 B5;5:><<C=8:0F8>==KE B5E=>;>389 2 A8AB5<5 >1@07>20=8O 8 2 AD5@5 8=48284C0;L=>3> ?>B@51;5=8O 8=D>@<0F8>==KE ?@>4C:B>2 8 CA;C3 ACI5AB25==> ?>2KH05B C@>25=L >1I53> 8 ?@>D5AA8>=0;L=>3> >1@07>20=8O, 4>;6=> ?><>GL ?>;CG8BL ?@5AB86=CN 8 1>;55 2KA>:> >?;0G8205<CN @01>BC, D>@<8@>20BL A2>9 A>1AB25==K9 :C;LBC@=KE >1;8:, 4>AC3 8 <8@ @072;5G5=89, 2 <0:A8<0;L=>9 AB5?5=8 @0725@=CBL ;8G=K5 A?>A>1=>AB8. 8AB0=F8>==>5 >1@07>20=85 =0 >A=>25 A>2@5<5==KE 8=D>@<0F8>==KE B5E=>;>389 O2;O5BAO 4;O <=>38E AB@0=, 8 4;O >AA88 B>65, 548=AB25==K< H0=A>< ?>43>B>28BL ;N459 4;O 687=8 8 @01>BK 2 8=D>@<0F8>==>< <8@5 XXI 25:0. 6. A=>2=K5 =0?@02;5=8O @50;870F88 ?5@5E>40 : 8=D>@<0F8>==><C >1I5AB2C 6.1. A=>2=K5 =0?@02;5=8O @50;870F88 ?@54;0305<>3> ?CB8 ?5@5E>40, 4>;6=K >E20BK20BL 425 3;02=K5 A>AB02;ONI85 8=D>@<0F8>==>9 A@54K >1I5AB20: A>740=85 8 @0728B85 B5E=8:>-B5E=>;>38G5A:>9 107K @50;870F88 2K1@0==>3> ?CB8; @07@01>B:C 8 @50;870F8N ?>;8B8G5A:8E, A>F80;L=KE, M:>=><8G5A:8E, ?@02>2KE, >@30=870F8>==KE 8 :C;LBC@=KE @5H5=89, >15A?5G820NI8E 42865=85 ?> 2K1@0==><C ?CB8. 6.2. 10 MB8 =0?@02;5=8O A;54C5B @0AA<0B@820BL 2 :0G5AB25 >A=>2=KE >1J5:B>2 3>AC40@AB25==>9 8=D>@<0F8>==>9 ?>;8B8:8 >15A?5G5=8O ?5@5E>40 : 8=D>@<0F8>==><C >1I5AB2C. -B8 =0?@02;5=8O 2K18@0NBAO =0 >A=>25 >?@545;5=8O ?@8>@8B5B>2 8 2@5<5==KE 3>@87>=B>2 @0728B8O 2E>4OI8E 2 =8E M;5<5=B>2, CG5B0 B5=45=F89 8E M2>;NF88 2 @0728BKE AB@0=0E, >F5=:8 8AE>4=>3> C@>2=O (ACI5AB2CNI53> ?>;>65=8O). A=>2=>5 2=8<0=85 A;54C5B C45;OBL A:;04K20NI8<AO 2 >AA88 : =0AB>OI5<C 2@5<5=8 @50;L=K< M:>=><8G5A:8<, >@30=870F8>==K< 8 ?@02>2K< ?@54?>AK;:0< 8 CA;>28O< 42865=8O : 8=D>@<0F8>==><C >1I5AB2C. 6.3.  B5E=8:>-B5E=>;>38G5A:>5 =0?@02;5=85 2E>4OB A;54CNI85 :><?>=5=BK: D>@<8@>20=85 8 @0728B85 8=D>@<0F8>==>-:><<C=8:0F8>==>9 8=D@0AB@C:BC@K AB@0=K, >15A?5G820NI59 @50;870F8N ?@>F5AA>2 A>740=8O, E@0=5=8O, @0A?@>AB@0=5=8O 8 8A?>;L7>20=8O 8=D>@<0F88 8 >15A?5G5=85 4>ABC?0 : =59 H8@>:8E A;>52 =0A5;5=8O (=0F8>=0;L=KE 8 :>@?>@0B82=KE 8=D>@<0F8>==KE 8 B5;5:><<C=8:0F8>==KE A5B59 8 A8AB5<, @>AA89A:8E 725=L52 <8@>2KE >B:@KBKE A5B59, A5B59 A2O78; F5=B@>2 >1@01>B:8 8=D>@<0F88 @07;8G=>3> =07=0G5=8O 8 B.4.); A>25@H5=AB2>20=85 8 @0728B85 A8AB5<K =0F8>=0;L=KE 8=D>@<0F8>==KE @5AC@A>2 8 B5E=>;>389 4>ABC?0 : =8< (107 8 10=:>2 40==KE, 0@E82>2, 181;8>B5: 8 <C759=KE E@0=5=89 8 B.?.); A>25@H5=AB2>20=85 8 @0728B85 2KG8A;8B5;L=KE @5AC@A>2 (<>45@=870F8O ?0@:0 !" 2 F5;>< 8 ?> B8?0< -, 4><0H=85 :><?LNB5@K, A8AB5<=>5 8 ?@8:;04=>5 ?@>3@0<<=>5 >15A?5G5=85, A8AB5<0 A5@28A=>3> >1A;C6820=8O 8 B.?.); A>25@H5=AB2>20=85 8 @0728B85 B5;5:><<C=8:0F8>==KE @5AC@A>2 (;8=88 8 :0=0;K A2O78 2A5E 284>2, :><<CB0F8>==0O B5E=8:0, :><?;5:AK ?@85<>-?5@540NI8E A8AB5< 8 CAB@>9AB2, :><?LNB5@=0O B5;5D>=8O 8 B.?.); A>740=85 8 @0728B85 =>2KE 8=D>@<0F8>==KE, :><?LNB5@=KE 8 B5;5:><<C=8:0F8>==KE B5E=>;>389, >15A?5G820NI8E @50;870F8N ?@>F5AA>2 A1>@0, =0:>?;5=8O, E@0=5=8O, ?5@540G8 8 4>AB02:8 8=D>@<0F88, 55 F5;>AB=>ABL, 4>ABC?=>ABL 8 :>=D845=F80;L=>ABL; A>25@H5=AB2>20=85 8 @0728B85 B5E=8G5A:>9 107K 8 B5E=>;>389 A@54AB2 <0AA>2>9 8=D>@<0F88 (:><?LNB5@=0O B5E=8:0 4;O M;5:B@>==KE 8 ?5G0B=KE 8740=89, @048>- 8 "-ABC489, ?@85<>-?5@540NI85 CAB@>9AB20 8 B.?.). 6.4.  ?>;8B8G5A:>5, A>F80;L=>-M:>=><8G5A:>5 8 A>F80;L=>-:C;LBC@=>5 =0?@02;5=85 2E>4OB A;54CNI85 :><?>=5=BK: D>@<8@>20=85 8 @0728B85 548=>3> 8=D>@<0F8>==>-:C;LBC@=>3> ?@>AB@0=AB20 :0: =5>1E>48<>3> CA;>28O ?>;8B8G5A:>3> 8 4CE>2=>3> >1J548=5=8O =0@>4>2 >AA88 8 2E>645=8O AB@0=K 2 <8@>2>5 8=D>@<0F8>==>5 A>>1I5AB2> :0: @02=>?@02=>3> ?0@B=5@0, @0AH8@5=8O <564C=0@>4=>3> =0CG=>3> 8 :C;LBC@=>3> A>B@C4=8G5AB20; A>25@H5=AB2>20=85 8 @0728B85 A8AB5<K 8=D>@<0F8>==>3> 70:>=>40B5;LAB20 8 <5E0=87<>2 53> @50;870F88; A>25@H5=AB2>20=85 8 @0728B85 A8AB5<K @0A?@>AB@0=5=8O <0AA>2>9 8=D>@<0F88 8 D>@<8@>20=8O >1I5AB25==>-?>;8B8G5A:>3> :;8<0B0 2 AB@0=5, 1;03>?@8OB=>3> 4;O ?5@5E>40 : 8=D>@<0F8>==><C >1I5AB2C; A>25@H5=AB2>20=85 8 @0728B85 A8AB5<K >15A?5G5=8O ;8G=>9 8 >1I5AB25==>9 157>?0A=>AB8 2 8=D>@<0F8>==>9 AD5@5, ?@54>B2@0I5=85 C3@>7 8A?>;L7>20=8O =>2KE 8=D>@<0F8>==KE B5E=>;>389 2 :0G5AB25 >@C68O, 8=D>@<0F8>==>3> B5@@>@87<0 8 8=D>@<0F8>==>3> :@8<8=0;0; C:@5?;5=85 8 @0728B85 M:>=><8G5A:>3> ?>B5=F80;0 ?@>F5AA>2 D>@<8@>20=8O 8=D>@<0F8>==>3> >1I5AB20 (3>AC40@AB25==0O ?>445@6:0 >B5G5AB25==KE ?@>872>48B5;59 A@54AB2 8=D>@<0B870F88, 8=D>@<0F8>==KE ?@>4C:B>2 8 CA;C3; :><?;5:A <5@ ?> M:>=><8G5A:><C @53C;8@>20=8N @K=:0 8=D>@<0F8>==KE B5E=>;>389, ?@>4C:B>2 8 CA;C3, 2 B>< G8A;5 2 >1;0AB8 =0;>3>2>9, B0<>65==>9 8 :@548B=>-D8=0=A>2>9 ?>;8B8:8); D>@<8@>20=85 @0728BKE 8=D>@<0F8>==KE ?>B@51=>AB59 8 8=D>@<0F8>==>9 :C;LBC@K =0A5;5=8O 8 AB8<C;8@>20=85 ?;0B565A?>A>1=>3> A?@>A0 =0 8=D>@<0F8>==K5 ?@>4C:BK 8 CA;C38; 3>AC40@AB25==0O ?>445@6:0 ?@>872>48B5;59 8 ?>B@518B5;59 8=D>@<0F8>==KE B5E=>;>389, ?@>4C:B>2 8 CA;C3 4;O A>F80;L=> 7=0G8<KE ?@>3@0<< (AD5@ B@C40 8 70=OB>AB8, 74@02>>E@0=5=8O, A>F80;L=>3> >15A?5G5=8O, 2KAH53> 8 A@54=53> >1@07>20=8O, 4>H:>;L=>3> >1CG5=8O, <83@0F88 =0A5;5=8O, :C;LBC@K, 1KB0 8 4>AC30 8 B.?.); @0728B85 <0AA>2>9 4><0H=59 :><?LNB5@870F88; 3>AC40@AB25==0O ?>445@6:0 A8AB5< <0AA>2>9 ?>43>B>2:8 8 ?5@5?>43>B>2:8 :04@>2 4;O @01>BK 2 8=D>@<0F8>==KE 8 :><<C=8:0F8>==KE A8AB5<0E =>2>3> ?>:>;5=8O. 6.5. @>3@0<<=K5 @5H5=8O 8 <5@>?@8OB8O 2 >1>8E =0?@02;5=8OE B5A=> 2708<>A2O70=K. !>2<5AB=0O 8E @50;870F8O (?>;8B8G5A:85 8 ?@02>2K5 <5@K, M:>=><8G5A:85 8 B5E=>;>38G5A:85 @5H5=8O) B@51C5B 7040=8O <56254><AB25==KE :><?;5:A=KE ?@>3@0<<, ?>4?@>3@0<< 8 ?@>5:B>2, 0 B0:65 :><<5@G5A:8E ?@>5:B>2, =0?@8<5@, ?> >15A?5G5=8N 157>?0A=>AB8, @0728B8N @>AA89A:>9 G0AB8 =B5@=5B0, 8=D>@<0F8>==>-B5E=>;>38G5A:>9 ?>445@6:5 A8AB5<K >1@07>20=8O, :><<C=8:0F8>==KE A8AB5< 8 A5B59 4;O =0A5;5=8O 8 B.?. K45;5=85 2B>@>3> =0?@02;5=8O 2 F5;>AB=CN :><?>=5=BC ?@54AB02;O5BAO =5>1E>48<K<, B0: :0: @50;870F8O >=F5?F88 B>;L:> 70 AG5B B5E=8:>-B5E=>;>38G5A:8E ?@>5:B>2 ?@8 4>?>;=5=88 8E >B45;L=K<8 >@30=870F8>==>-?@02>2K<8 8 M:>=><8G5A:8<8 <5E0=87<0<8, :0: ?>:07K205B 25AL ?@54H5AB2CNI89 >?KB 2K?>;=5=8O ?@>3@0<< 8=D>@<0B870F88, =5 ?@82>48B : CA?5EC. 6.6. F5=:0 @57C;LB0B>2 42865=8O : 8=D>@<0F8>==><C >1I5AB2C, 4>AB83=CBKE =0 >B45;L=KE MB0?0E ?5@5E>40 : 8=D>@<0F8>==><C >1I5AB2C, AB@>8BAO =0 >A=>25 <>=8B>@8=30 @0728B8O 8=D>@<0F8>==>9 A@54K A ?><>ILN @07;8G=KE ?>:070B5;59. 5:>B>@K5 87 =8E =>AOB >F5=>G=K9 E0@0:B5@, 4@C385 ?>;CG0NB 2 ?@>F5AA5 >1@01>B:8 AB0B8AB8G5A:8E 40==KE. !0<K5 >1I85 ?>:070B5;8 A>>B=>AOBAO A ?0@0<5B@0<8 A>F80;L=>-M:>=><8G5A:>3> @0728B8O (?>:070B5;8  =0 4CHC =0A5;5=8O, 4>;O 70B@0B =0 >1@07>20=85 2 3>AC40@AB25==>< 1N465B5, ?0@0<5B@K A>2>:C?=>3> ?;0B565A?>A>1=>3> A?@>A0 =0 8=D>@<0F8>==K5 ?@>4C:BK 8 CA;C38, @07<5@K 8=25AB8F89 2 2KA>:>B5E=>;>38G=K5 >B@0A;8, ?@>F5=B 70=OBKE 2 AD5@5 >1@01>B:8 8=D>@<0F88 8 8=D>@<0F8>==>-2KG8A;8B5;L=>3> >1A;C6820=8O 8 B.?.). @C30O 3@C??0 ?>:070B5;59 E0@0:B5@87C5B @0728B85 =5?>A@54AB25==> B5E=>;>38G5A:>3> 1078A0 8=D>@<0F8>==>3> >1I5AB20 8 53> >B45;L=KE A>AB02;ONI8E. 0?@8<5@, <>3CB 8A?>;L7>20BLAO 48=0<8:0 @>AB0 G8A;0 ?>;L7>20B5;59 =B5@=5B0, :>;8G5AB2> - =0 1000 68B5;59, :>;8G5AB2> 4><0H=8E :><?LNB5@>2, :>;8G5AB2> @CAA:>O7KG=KE A09B>2 2 =B5@=5B5, 5<:>ABL 8=D>@<0F8>==>3> @K=:0. ;O MB8E 65 F5;59 A;54C5B 8A?>;L7>20BL B@048F8>==> A>18@05<K5 AB0B8AB8G5A:85 40==K5 ?> :>;8G5AB2C 8 B8?0< 107 40==KE, ?> :>;8G5AB2C 459AB2CNI8E 181;8>B5:, :C;LBC@=>-8=D>@<0F8>==KE 8 >1@07>20B5;L=KE F5=B@>2, >A=0I5==KE :><?LNB5@=>9 B5E=8:>9, :>;8G5AB2C 01>=5=B>2 MB8E 181;8>B5: 8 F5=B@>2, 2 B>< G8A;5 2 >B40;5==KE @538>=0E, :>;8G5AB2C 8 B8?0< 8A?>;L7C5<KE :0=0;>2 A2O78, :>;8G5AB2C 8 B8?0< B5;5:><<C=8:0F8>==KE A5B59 8 ?>4:;NG5==KE : =8< B5@<8=0;>2 (2 @07;8G=KE @07@570E: 2 AB@0=5 2 F5;><, ?> @538>=0< 8 >1;0ABO<, >B@0A;O<, >@30=870F8O< 8 ?@54?@8OB8O<, D>@<0< A>1AB25==>AB8 8 B.?.). >;>68B5;L=0O 48=0<8:0 MB8E 8=48:0B>@>2 70 3>4 8;8 =5A:>;L:> ;5B 2 A@54=5< =0 10-20% 1C45B A2845B5;LAB2>20BL > ?>AB>O==>< @0728B88 B5E=>;>38G5A:>3> 1078A0 8=D>@<0F8>==>9 A@54K. >;6=K 1KBL B0:65 >F5=5=K <0AHB01K 8 3;C18=0 ?>B@51;5=8O 8=D>@<0F8>==KE 8 :><<C=8:0F8>==KE B5E=>;>389, 8=D>@<0F8>==KE ?@>4C:B>2 8 CA;C3 2 @07;8G=KE >1;0ABOE >1I5AB25==>9 687=8: 2 AD5@5 B@C40 8 70=OB>AB8, >1@07>20=88, 74@02>>E@0=5=88, A>F80;L=>9 AD5@5, 2 >@30=870F88 1KB0 8 4>AC30 8 4@. <5AB5 27OBK5 MB8 ?>:070B5;8 8 8=48:0B>@K 1C4CB E0@0:B5@87>20BL ?>A;54>20B5;L=>5 ?@>42865=85 AB@0=K ?> 2K1@0==><C ?CB8 : 8=D>@<0F8>==><C >1I5AB2C. 7. 5@2>>G5@54=K5 7040G8 3>AC40@AB25==>9 ?>;8B8:8 >15A?5G5=8O ?5@5E>40 : 8=D>@<0F8>==><C >1I5AB2C 7.1. ;O 2A5E B@5E >A=>2=KE =0?@02;5=89 ?5@5E>40 : 8=D>@<0F8>==><C >1I5AB2C 206=K< O2;O5BAO @5H5=85 A;54CNI8E ?5@2>>G5@54=KE 7040G 3>AC40@AB25==>9 ?>;8B8:8: $>@<8@>20=85 >1I53>AC40@AB25==>9 @>3@0<<K ?5@5E>40 >AA88 : 8=D>@<0F8>==><C >1I5AB2C 2KA>:>3> AB0BCA0 8 ?@8>@8B5B0. @>3@0<<0 4>;6=0 8<5BL  @0<>G=K9 E0@0:B5@ 8 8=B53@8@>20BL 2 A515 2A5 4@C385 ?@>3@0<<K 8 ?@>5:BK 8=D>@<0B870F88. 07@01>B:0 >=F5?F88 =>@<0B82=>-?@02>2>3> >15A?5G5=8O ?@>F5AA0 ?5@5E>40, O2;ONI59AO >A=>2>9 3>AC40@AB25==>3> 2>7459AB28O =0 MB>B ?@>F5AA. >=F5?F8O 4>;6=0 >?@545;OBL >A=>2=K5 =0?@02;5=8O 8 7040G8 A>25@H5=AB2>20=8O ACI5AB2CNI59 A8AB5<K 8=D>@<0F8>==>3> 70:>=>40B5;LAB20, 2 B>< G8A;5 2 >1;0AB8 02B>@A:>3> 8 A<56=KE ?@02 8 >E@0=K 8=B5;;5:BC0;L=>9 A>1AB25==>AB8. @8>@8B5B=>5 @0728B85 ACI5AB2CNI8E 8 A>740=85 =>2KE A?5F80;878@>20==KE A5B52KE AB@C:BC@ 8 B5E=>;>389, ?>AB@>5==KE =0 >A=>25 <564C=0@>4=KE AB0=40@B>2. @30=870F8O 8 @0725@BK20=85 H8@>:>9 >1I5AB25==>-?>;8B8G5A:>9 ?@>?030=48ABA:>9 ?>445@6:8 ?@>F5AA0 ?5@5E>40. 7.2.  >1;0AB8 >1@07>20=8O 4>;6=K 1KBL @5H5=K A;54CNI85 7040G8: K1>@ 045:20B=KE >1@07>20B5;L=K< B5E=>;>38O< 8 CG51=K< ?@>F5AA0< A>2@5<5==KE 8=D>@<0F8>==>-:><<C=8:0F8>==KE B5E=>;>389 (:><?LNB5@=K5 >1CG0NI85 ?@>3@0<<K, A?CB=8:>2>5 8 :015;L=>5 B5;52845=85, A@54AB20 <C;LB8<5480 8 B.4.). !>740=85 A?5F80;878@>20==KE >1I54>ABC?=KE 8=D>@<0F8>==KE @5AC@A>2 (107K 8 10=:8 40==KE, M;5:B@>==K5 181;8>B5:8 8 B.4.), >@85=B8@>20==KE =0 @5H5=85 >1@07>20B5;L=KE 7040G, 2 B>< G8A;5 :0: 15A?@81K;L=KE. !>740=85 A5B8 A?5F80;878@>20==KE >1@07>20B5;L=KE F5=B@>2 @538>=0;L=>3> 8 3>@>4A:>3> ?>4G8=5=8O, 0 B0:65 F5=B@>2 ?>43>B>2:8 8 ?5@5?>43>B>2:8 ?@5?>4020B5;59 8 CG8B5;59, >A=0I5==KE A>2@5<5==K<8 A@54AB20<8 8=D>@<0B870F88. 7.3.  >1;0AB8 D>@<8@>20=8O 8 @0728B8O 8=4CAB@88 8=D>@<0F8>==KE 8 :><<C=8:0F8>==KE CA;C3, 2 B>< G8A;5 4><0H=59 :><?LNB5@870F88, >@85=B8@>20==>9 =0 <0AA>2>3> ?>B@518B5;O 4>;6=K 1KBL @5H5=K A;54CNI85 7040G8: 07@01>B:0 45H52KE A?5F80;878@>20==KE CAB@>9AB2 4;O A5B52>3> 2708<>459AB28O ?>;L7>20B5;59 A 8=D>@<0F8>==K<8 A8AB5<0<8, >1I54>ABC?=KE B5@<8=0;>2 8=D>@<0F8>==>-A?@02>G=KE 8 :>=AC;LB0B82=KE A8AB5< A>F80;L=>3> =07=0G5=8O. 07@01>B:0 A8AB5< ?@>3@0<<=>-A>45@60B5;L=>9 8 A5@28A=>9 ?>445@6:8 4><0H=59 :><?LNB5@870F88. !>740=85 M:>=><8G5A:8E CA;>289, >1;53G0NI8E 8=B53@0F8N 3>AC40@AB25==KE 8 =53>AC40@AB25==KE AB@C:BC@ 2 >A2>5=88 8 @0728B88 @K=:0 8=D>@<0F8>==KE 8 :><<C=8:0F8>==KE CA;C3 4;O =0A5;5=8O. 7.4.  >1;0AB8 >15A?5G5=8O AD5@K 8=D>@<0F8>==KE CA;C3 4CE>2=K< A>45@60=85<, >B25G0NI8< @>AA89A:8< :C;LBC@=>-8AB>@8G5A:8< B@048F8O<, 4>;6=K @5H0BLAO A;54CNI85 7040G8: 07@01>B:0 45H52KE A@54AB2 :><?LNB5@870F88 <0AA>2KE 181;8>B5:, <C7552, 0@E82>2 8 4@C38E CG@5645=89 :C;LBC@K, @07@01>B:0 8 H8@>:>5 2=54@5=85 A@54AB2 M;5:B@>==>9 ?>;83@0D88 2 ?@0:B8:C :=83>8740=8O 8 <0AA>2>9 ?5G0B8. !>740=85 >1I54>ABC?=KE 107 8 10=:>2 40==KE 2 >1;0AB8 3C<0=8B0@=KE 8 A>F80;L=KE =0C:. !>740=85 H8@>:>9 A5B8 :C;LBC@=>-8=D>@<0F8>==KE 8 8=D>@<0F8>==>-@072;5:0B5;L=KE F5=B@>2 2 @538>=0E, 2 1>;LH8E 8 <0;KE 3>@>40E, 2 B>< G8A;5 8 2 AB@0=0E 1;86=53> 70@C156LO. !>740=85 8 @0728B85 <>I=>3> @CAA:>O7KG=>3> A5:B>@0 2 =B5@=5B5, B5E=>;>38G5A:0O ?>445@6:0 A09B>2 :C;LBC@=>-8=D>@<0F8>==KE F5=B@>2. @8;>65=85 2. >:B@8=0 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 #B25@645=0 @57845=B>< >AA89A:>9 $545@0F88 .. CB8=K< 9 A5=BO1@O 2000 3. >:B@8=0 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 ?@54AB02;O5B A>1>9 A>2>:C?=>ABL >D8F80;L=KE 273;O4>2 =0 F5;8, 7040G8, ?@8=F8?K 8 >A=>2=K5 =0?@02;5=8O >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88. 0AB>OI0O >:B@8=0 A;C68B >A=>2>9 4;O: ( D>@<8@>20=8O 3>AC40@AB25==>9 ?>;8B8:8 2 >1;0AB8 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88; ( ?>43>B>2:8 ?@54;>65=89 ?> A>25@H5=AB2>20=8N ?@02>2>3>, <5B>48G5A:>3>, =0CG=>-B5E=8G5A:>3> 8 >@30=870F8>==>3> >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88; ( @07@01>B:8 F5;52KE ?@>3@0<< >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88. 0AB>OI0O >:B@8=0 @0728205B >=F5?F8N =0F8>=0;L=>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 ?@8<5=8B5;L=> : 8=D>@<0F8>==>9 AD5@5. I. =D>@<0F8>==0O 157>?0A=>ABL >AA89A:>9 $545@0F88 1. 0F8>=0;L=K5 8=B5@5AK >AA89A:>9 $545@0F88 2 8=D>@<0F8>==>9 AD5@5 8 8E >15A?5G5=85 !>2@5<5==K9 MB0? @0728B8O >1I5AB20 E0@0:B5@87C5BAO 2>7@0AB0NI59 @>;LN 8=D>@<0F8>==>9 AD5@K, ?@54AB02;ONI59 A>1>9 A>2>:C?=>ABL 8=D>@<0F88, 8=D>@<0F8>==>9 8=D@0AB@C:BC@K, AC1J5:B>2, >ACI5AB2;ONI8E A1>@, D>@<8@>20=85, @0A?@>AB@0=5=85 8 8A?>;L7>20=85 8=D>@<0F88, 0 B0:65 A8AB5<K @53C;8@>20=8O 2>7=8:0NI8E ?@8 MB>< >1I5AB25==KE >B=>H5=89. =D>@<0F8>==0O AD5@0, O2;OOAL A8AB5<>>1@07CNI8< D0:B>@>< 687=8 >1I5AB20, 0:B82=> 2;8O5B =0 A>AB>O=85 ?>;8B8G5A:>9, M:>=><8G5A:>9, >1>@>==>9 8 4@C38E A>AB02;ONI8E 157>?0A=>AB8 >AA89A:>9 $545@0F88. 0F8>=0;L=0O 157>?0A=>ABL >AA89A:>9 $545@0F88 ACI5AB25==K< >1@07>< 7028A8B >B >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8, 8 2 E>45 B5E=8G5A:>3> ?@>3@5AA0 MB0 7028A8<>ABL 1C45B 2>7@0AB0BL. >4 8=D>@<0F8>==>9 157>?0A=>ABLN >AA89A:>9 $545@0F88 ?>=8<05BAO A>AB>O=85 70I8I5==>AB8 55 =0F8>=0;L=KE 8=B5@5A>2 2 8=D>@<0F8>==>9 AD5@5, >?@545;ONI8EAO A>2>:C?=>ABLN A10;0=A8@>20==KE 8=B5@5A>2 ;8G=>AB8, >1I5AB20 8 3>AC40@AB20. =B5@5AK ;8G=>AB8 2 8=D>@<0F8>==>9 AD5@5 70:;NG0NBAO 2 @50;870F88 :>=AB8BCF8>==KE ?@02 G5;>25:0 8 3@0640=8=0 =0 4>ABC? : 8=D>@<0F88, =0 8A?>;L7>20=85 8=D>@<0F88 2 8=B5@5A0E >ACI5AB2;5=8O =5 70?@5I5==>9 70:>=>< 45OB5;L=>AB8, D878G5A:>3>, 4CE>2=>3> 8 8=B5;;5:BC0;L=>3> @0728B8O, 0 B0:65 2 70I8B5 8=D>@<0F88, >15A?5G820NI59 ;8G=CN 157>?0A=>ABL. =B5@5AK >1I5AB20 2 8=D>@<0F8>==>9 AD5@5 70:;NG0NBAO 2 >15A?5G5=88 8=B5@5A>2 ;8G=>AB8 2 MB>9 AD5@5, C?@>G5=88 45<>:@0B88, A>740=88 ?@02>2>3> A>F80;L=>3> 3>AC40@AB20, 4>AB865=88 8 ?>445@60=88 >1I5AB25==>3> A>3;0A8O, 2 4CE>2=>< >1=>2;5=88 >AA88. =B5@5AK 3>AC40@AB20 2 8=D>@<0F8>==>9 AD5@5 70:;NG0NBAO 2 A>740=88 CA;>289 4;O 30@<>=8G=>3> @0728B8O @>AA89A:>9 8=D>@<0F8>==>9 8=D@0AB@C:BC@K, 4;O @50;870F88 :>=AB8BCF8>==KE ?@02 8 A2>1>4 G5;>25:0 8 3@0640=8=0 2 >1;0AB8 ?>;CG5=8O 8=D>@<0F88 8 ?>;L7>20=8O 5N 2 F5;OE >15A?5G5=8O =57K1;5<>AB8 :>=AB8BCF8>==>3> AB@>O, AC25@5=8B5B0 8 B5@@8B>@80;L=>9 F5;>AB=>AB8 >AA88, ?>;8B8G5A:>9, M:>=><8G5A:>9 8 A>F80;L=>9 AB018;L=>AB8, 2 157CA;>2=>< >15A?5G5=88 70:>==>AB8 8 ?@02>?>@O4:0, @0728B88 @02=>?@02=>3> 8 2708<>2K3>4=>3> <564C=0@>4=>3> A>B@C4=8G5AB20. 0 >A=>25 =0F8>=0;L=KE 8=B5@5A>2 >AA89A:>9 $545@0F88 2 8=D>@<0F8>==>9 AD5@5 D>@<8@CNBAO AB@0B538G5A:85 8 B5:CI85 7040G8 2=CB@5==59 8 2=5H=59 ?>;8B8:8 3>AC40@AB20 ?> >15A?5G5=8N 8=D>@<0F8>==>9 157>?0A=>AB8. K45;ONBAO G5BK@5 >A=>2=K5 A>AB02;ONI85 =0F8>=0;L=KE 8=B5@5A>2 >AA89A:>9 $545@0F88 2 8=D>@<0F8>==>9 AD5@5. 5@20O A>AB02;ONI0O =0F8>=0;L=KE 8=B5@5A>2 >AA89A:>9 $545@0F88 2 8=D>@<0F8>==>9 AD5@5 2:;NG05B 2 A51O A>1;N45=85 :>=AB8BCF8>==KE ?@02 8 A2>1>4 G5;>25:0 8 3@0640=8=0 2 >1;0AB8 ?>;CG5=8O 8=D>@<0F88 8 ?>;L7>20=8O 5N, >15A?5G5=85 4CE>2=>3> >1=>2;5=8O >AA88, A>E@0=5=85 8 C:@5?;5=85 =@02AB25==KE F5==>AB59 >1I5AB20, B@048F89 ?0B@8>B87<0 8 3C<0=87<0, :C;LBC@=>3> 8 =0CG=>3> ?>B5=F80;0 AB@0=K. ;O 4>AB865=8O MB>3> B@51C5BAO: ( ?>2KA8BL MDD5:B82=>ABL 8A?>;L7>20=8O 8=D>@<0F8>==>9 8=D@0AB@C:BC@K 2 8=B5@5A0E >1I5AB25==>3> @0728B8O, :>=A>;840F88 @>AA89A:>3> >1I5AB20, 4CE>2=>3> 2>7@>645=8O <=>3>=0F8>=0;L=>3> =0@>40 >AA89A:>9 $545@0F88; ( CA>25@H5=AB2>20BL A8AB5<C D>@<8@>20=8O, A>E@0=5=8O 8 @0F8>=0;L=>3> 8A?>;L7>20=8O 8=D>@<0F8>==KE @5AC@A>2, A>AB02;ONI8E >A=>2C =0CG=>-B5E=8G5A:>3> 8 4CE>2=>3> ?>B5=F80;0 >AA89A:>9 $545@0F88; ( >15A?5G8BL :>=AB8BCF8>==K5 ?@020 8 A2>1>4K G5;>25:0 8 3@0640=8=0 A2>1>4=> 8A:0BL, ?>;CG0BL, ?5@54020BL, ?@>872>48BL 8 @0A?@>AB@0=OBL 8=D>@<0F8N ;N1K< 70:>==K< A?>A>1><, ?>;CG0BL 4>AB>25@=CN 8=D>@<0F8N > A>AB>O=88 >:@C60NI59 A@54K; ( >15A?5G8BL :>=AB8BCF8>==K5 ?@020 8 A2>1>4K G5;>25:0 8 3@0640=8=0 =0 ;8G=CN 8 A5<59=CN B09=C, B09=C ?5@5?8A:8, B5;5D>==KE ?5@53>2>@>2, ?>GB>2KE, B5;53@0D=KE 8 8=KE A>>1I5=89, =0 70I8BC A2>59 G5AB8 8 A2>53> 4>1@>3> 8<5=8; ( C:@5?8BL <5E0=87<K ?@02>2>3> @53C;8@>20=8O >B=>H5=89 2 >1;0AB8 >E@0=K 8=B5;;5:BC0;L=>9 A>1AB25==>AB8, A>740BL CA;>28O 4;O A>1;N45=8O CAB0=>2;5==KE D545@0;L=K< 70:>=>40B5;LAB2>< >3@0=8G5=89 =0 4>ABC? : :>=D845=F80;L=>9 8=D>@<0F88; ( 30@0=B8@>20BL A2>1>4C <0AA>2>9 8=D>@<0F88 8 70?@5B F5=7C@K; ( =5 4>?CA:0BL ?@>?030=4C 8 038B0F8N, :>B>@K5 A?>A>1AB2CNB @076830=8N A>F80;L=>9, @0A>2>9, =0F8>=0;L=>9 8;8 @5;838>7=>9 =5=028AB8 8 2@064K; ( >15A?5G8BL 70?@5B =0 A1>@, E@0=5=85, 8A?>;L7>20=85 8 @0A?@>AB@0=5=85 8=D>@<0F88 > G0AB=>9 687=8 ;8F0 157 53> A>3;0A8O 8 4@C3>9 8=D>@<0F88, 4>ABC? : :>B>@>9 >3@0=8G5= D545@0;L=K< 70:>=>40B5;LAB2><. B>@0O A>AB02;ONI0O =0F8>=0;L=KE 8=B5@5A>2 >AA89A:>9 $545@0F88 2 8=D>@<0F8>==>9 AD5@5 2:;NG05B 2 A51O 8=D>@<0F8>==>5 >15A?5G5=85 3>AC40@AB25==>9 ?>;8B8:8 >AA89A:>9 $545@0F88, A2O70==>5 A 4>2545=85< 4> @>AA89A:>9 8 <564C=0@>4=>9 >1I5AB25==>AB8 4>AB>25@=>9 8=D>@<0F88 > 3>AC40@AB25==>9 ?>;8B8:5 >AA89A:>9 $545@0F88, 55 >D8F80;L=>9 ?>78F88 ?> A>F80;L=> 7=0G8<K< A>1KB8O< @>AA89A:>9 8 <564C=0@>4=>9 687=8, A >15A?5G5=85< 4>ABC?0 3@0640= : >B:@KBK< 3>AC40@AB25==K< 8=D>@<0F8>==K< @5AC@A0<. ;O 4>AB865=8O MB>3> B@51C5BAO: ( C:@5?;OBL 3>AC40@AB25==K5 A@54AB20 <0AA>2>9 8=D>@<0F88, @0AH8@OBL 8E 2>7<>6=>AB8 ?> A2>52@5<5==><C 4>2545=8N 4>AB>25@=>9 8=D>@<0F88 4> @>AA89A:8E 8 8=>AB@0==KE 3@0640=; ( 8=B5=A8D8F8@>20BL D>@<8@>20=85 >B:@KBKE 3>AC40@AB25==KE 8=D>@<0F8>==KE @5AC@A>2, ?>2KA8BL MDD5:B82=>ABL 8E E>7O9AB25==>3> 8A?>;L7>20=8O. "@5BLO A>AB02;ONI0O =0F8>=0;L=KE 8=B5@5A>2 >AA89A:>9 $545@0F88 2 8=D>@<0F8>==>9 AD5@5 2:;NG05B 2 A51O @0728B85 A>2@5<5==KE 8=D>@<0F8>==KE B5E=>;>389, >B5G5AB25==>9 8=4CAB@88 8=D>@<0F88, 2 B>< G8A;5 8=4CAB@88 A@54AB2 8=D>@<0B870F88, B5;5:><<C=8:0F88 8 A2O78, >15A?5G5=85 ?>B@51=>AB59 2=CB@5==53> @K=:0 55 ?@>4C:F859 8 2KE>4 MB>9 ?@>4C:F88 =0 <8@>2>9 @K=>:, 0 B0:65 >15A?5G5=85 =0:>?;5=8O, A>E@0==>AB8 8 MDD5:B82=>3> 8A?>;L7>20=8O >B5G5AB25==KE 8=D>@<0F8>==KE @5AC@A>2.  A>2@5<5==KE CA;>28OE B>;L:> =0 MB>9 >A=>25 <>6=> @5H0BL ?@>1;5<K A>740=8O =0C:>5<:8E B5E=>;>389, B5E=>;>38G5A:>3> ?5@52>>@C65=8O ?@><KH;5==>AB8, ?@8C<=>65=8O 4>AB865=89 >B5G5AB25==>9 =0C:8 8 B5E=8:8. >AA8O 4>;6=0 70=OBL 4>AB>9=>5 <5AB> A@548 <8@>2KE ;845@>2 <8:@>M;5:B@>==>9 8 :><?LNB5@=>9 ?@><KH;5==>AB8. ;O 4>AB865=8O MB>3> B@51C5BAO: ( @072820BL 8 A>25@H5=AB2>20BL 8=D@0AB@C:BC@C 548=>3> 8=D>@<0F8>==>3> ?@>AB@0=AB20 >AA89A:>9 $545@0F88; ( @072820BL >B5G5AB25==CN 8=4CAB@8N 8=D>@<0F8>==KE CA;C3 8 ?>2KH0BL MDD5:B82=>ABL 8A?>;L7>20=8O 3>AC40@AB25==KE 8=D>@<0F8>==KE @5AC@A>2; ( @072820BL ?@>872>4AB2> 2 >AA89A:>9 $545@0F88 :>=:C@5=B>A?>A>1=KE A@54AB2 8 A8AB5< 8=D>@<0B870F88, B5;5:><<C=8:0F88 8 A2O78, @0AH8@OBL CG0AB85 >AA88 2 <564C=0@>4=>9 :>>?5@0F88 ?@>872>48B5;59 MB8E A@54AB2 8 A8AB5<; ( >15A?5G8BL 3>AC40@AB25==CN ?>445@6:C >B5G5AB25==KE DC=40<5=B0;L=KE 8 ?@8:;04=KE 8AA;54>20=89, @07@01>B>: 2 AD5@0E 8=D>@<0B870F88, B5;5:><<C=8:0F88 8 A2O78. '5B25@B0O A>AB02;ONI0O =0F8>=0;L=KE 8=B5@5A>2 >AA89A:>9 $545@0F88 2 8=D>@<0F8>==>9 AD5@5 2:;NG05B 2 A51O 70I8BC 8=D>@<0F8>==KE @5AC@A>2 >B =5A0=:F8>=8@>20==>3> 4>ABC?0, >15A?5G5=85 157>?0A=>AB8 8=D>@<0F8>==KE 8 B5;5:><<C=8:0F8>==KE A8AB5<, :0: C65 @0725@=CBKE, B0: 8 A>740205<KE =0 B5@@8B>@88 >AA88.  MB8E F5;OE =5>1E>48<>: ( ?>2KA8BL 157>?0A=>ABL 8=D>@<0F8>==KE A8AB5<, 2:;NG0O A5B8 A2O78, ?@5645 2A53> 157>?0A=>ABL ?5@28G=KE A5B59 A2O78 8 8=D>@<0F8>==KE A8AB5< D545@0;L=KE >@30=>2 3>AC40@AB25==>9 2;0AB8, >@30=>2 3>AC40@AB25==>9 2;0AB8 AC1J5:B>2 >AA89A:>9 $545@0F88, D8=0=A>2>-:@548B=>9 8 10=:>2A:>9 AD5@, AD5@K E>7O9AB25==>9 45OB5;L=>AB8, 0 B0:65 A8AB5< 8 A@54AB2 8=D>@<0B870F88 2>>@C65=8O 8 2>5==>9 B5E=8:8, A8AB5< C?@02;5=8O 2>9A:0<8 8 >@C685<, M:>;>38G5A:8 >?0A=K<8 8 M:>=><8G5A:8 206=K<8 ?@>872>4AB20<8; ( 8=B5=A8D8F8@>20BL @0728B85 >B5G5AB25==>3> ?@>872>4AB20 0??0@0B=KE 8 ?@>3@0<<=KE A@54AB2 70I8BK 8=D>@<0F88 8 <5B>4>2 :>=B@>;O 70 8E MDD5:B82=>ABLN; ( >15A?5G8BL 70I8BC A2545=89, A>AB02;ONI8E 3>AC40@AB25==CN B09=C; ( @0AH8@OBL <564C=0@>4=>5 A>B@C4=8G5AB2> >AA89A:>9 $545@0F88 2 >1;0AB8 @0728B8O 8 157>?0A=>3> 8A?>;L7>20=8O 8=D>@<0F8>==KE @5AC@A>2, ?@>B82>459AB28O C3@>75 @072O7K20=8O ?@>B82>1>@AB20 2 8=D>@<0F8>==>9 AD5@5. 2. 84K C3@>7 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 > A2>59 >1I59 =0?@02;5==>AB8 C3@>7K 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 ?>4@0745;ONBAO =0 A;54CNI85 284K: ( C3@>7K :>=AB8BCF8>==K< ?@020< 8 A2>1>40< G5;>25:0 8 3@0640=8=0 2 >1;0AB8 4CE>2=>9 687=8 8 8=D>@<0F8>==>9 45OB5;L=>AB8, 8=48284C0;L=><C, 3@C??>2><C 8 >1I5AB25==><C A>7=0=8N, 4CE>2=><C 2>7@>645=8N >AA88; ( C3@>7K 8=D>@<0F8>==><C >15A?5G5=8N 3>AC40@AB25==>9 ?>;8B8:8 >AA89A:>9 $545@0F88; ( C3@>7K @0728B8N >B5G5AB25==>9 8=4CAB@88 8=D>@<0F88, 2:;NG0O 8=4CAB@8N A@54AB2 8=D>@<0B870F88, B5;5:><<C=8:0F88 8 A2O78, >15A?5G5=8N ?>B@51=>AB59 2=CB@5==53> @K=:0 2 55 ?@>4C:F88 8 2KE>4C MB>9 ?@>4C:F88 =0 <8@>2>9 @K=>:, 0 B0:65 >15A?5G5=8N =0:>?;5=8O, A>E@0==>AB8 8 MDD5:B82=>3> 8A?>;L7>20=8O >B5G5AB25==KE 8=D>@<0F8>==KE @5AC@A>2; ( C3@>7K 157>?0A=>AB8 8=D>@<0F8>==KE 8 B5;5:><<C=8:0F8>==KE A@54AB2 8 A8AB5<, :0: C65 @0725@=CBKE, B0: 8 A>740205<KE =0 B5@@8B>@88 >AA88. #3@>70<8 :>=AB8BCF8>==K< ?@020< 8 A2>1>40< G5;>25:0 8 3@0640=8=0 2 >1;0AB8 4CE>2=>9 687=8 8 8=D>@<0F8>==>9 45OB5;L=>AB8, 8=48284C0;L=><C, 3@C??>2><C 8 >1I5AB25==><C A>7=0=8N, 4CE>2=><C 2>7@>645=8N >AA88 <>3CB O2;OBLAO: ( ?@8=OB85 D545@0;L=K<8 >@30=0<8 3>AC40@AB25==>9 2;0AB8, >@30=0<8 3>AC40@AB25==>9 2;0AB8 AC1J5:B>2 >AA89A:>9 $545@0F88 =>@<0B82=KE ?@02>2KE 0:B>2, CI5<;ONI8E :>=AB8BCF8>==K5 ?@020 8 A2>1>4K 3@0640= 2 >1;0AB8 4CE>2=>9 687=8 8 8=D>@<0F8>==>9 45OB5;L=>AB8; ( A>740=85 <>=>?>;89 =0 D>@<8@>20=85, ?>;CG5=85 8 @0A?@>AB@0=5=85 8=D>@<0F88 2 >AA89A:>9 $545@0F88, 2 B>< G8A;5 A 8A?>;L7>20=85< B5;5:><<C=8:0F8>==KE A8AB5<; ( ?@>B82>459AB285, 2 B>< G8A;5 A> AB>@>=K :@8<8=0;L=KE AB@C:BC@, @50;870F88 3@0640=0<8 A2>8E :>=AB8BCF8>==KE ?@02 =0 ;8G=CN 8 A5<59=CN B09=C, B09=C ?5@5?8A:8, B5;5D>==KE ?5@53>2>@>2 8 8=KE A>>1I5=89; ( =5@0F8>=0;L=>5, G@57<5@=>5 >3@0=8G5=85 4>ABC?0 : >1I5AB25==> =5>1E>48<>9 8=D>@<0F88; ( ?@>B82>?@02=>5 ?@8<5=5=85 A?5F80;L=KE A@54AB2 2>7459AB28O =0 8=48284C0;L=>5, 3@C??>2>5 8 >1I5AB25==>5 A>7=0=85; ( =58A?>;=5=85 D545@0;L=K<8 >@30=0<8 3>AC40@AB25==>9 2;0AB8, >@30=0<8 3>AC40@AB25==>9 2;0AB8 AC1J5:B>2 >AA89A:>9 $545@0F88, >@30=0<8 <5AB=>3> A0<>C?@02;5=8O, >@30=870F8O<8 8 3@0640=0<8 B@51>20=89 D545@0;L=>3> 70:>=>40B5;LAB20, @53C;8@CNI53> >B=>H5=8O 2 8=D>@<0F8>==>9 AD5@5; ( =5?@02><5@=>5 >3@0=8G5=85 4>ABC?0 3@0640= : >B:@KBK< 8=D>@<0F8>==K< @5AC@A0< D545@0;L=KE >@30=>2 3>AC40@AB25==>9 2;0AB8, >@30=>2 3>AC40@AB25==>9 2;0AB8 AC1J5:B>2 >AA89A:>9 $545@0F88, >@30=>2 <5AB=>3> A0<>C?@02;5=8O, : >B:@KBK< 0@E82=K< <0B5@80;0<, : 4@C3>9 >B:@KB>9 A>F80;L=> 7=0G8<>9 8=D>@<0F88; ( 457>@30=870F8O 8 @07@CH5=85 A8AB5<K =0:>?;5=8O 8 A>E@0=5=8O :C;LBC@=KE F5==>AB59, 2:;NG0O 0@E82K; ( =0@CH5=85 :>=AB8BCF8>==KE ?@02 8 A2>1>4 G5;>25:0 8 3@0640=8=0 2 >1;0AB8 <0AA>2>9 8=D>@<0F88; ( 2KB5A=5=85 @>AA89A:8E 8=D>@<0F8>==KE 035=BAB2, A@54AB2 <0AA>2>9 8=D>@<0F88 A 2=CB@5==53> 8=D>@<0F8>==>3> @K=:0 8 CA8;5=85 7028A8<>AB8 4CE>2=>9, M:>=><8G5A:>9 8 ?>;8B8G5A:>9 AD5@ >1I5AB25==>9 687=8 >AA88 >B 70@C156=KE 8=D>@<0F8>==KE AB@C:BC@; ( 4520;L20F8O 4CE>2=KE F5==>AB59, ?@>?030=40 >1@07F>2 <0AA>2>9 :C;LBC@K, >A=>20==KE =0 :C;LB5 =0A8;8O, =0 4CE>2=KE 8 =@02AB25==KE F5==>ABOE, ?@>B82>@5G0I8E F5==>ABO<, ?@8=OBK< 2 @>AA89A:>< >1I5AB25; ( A=865=85 4CE>2=>3>, =@02AB25==>3> 8 B2>@G5A:>3> ?>B5=F80;0 =0A5;5=8O >AA88, GB> ACI5AB25==> >A;>6=8B ?>43>B>2:C B@C4>2KE @5AC@A>2 4;O 2=54@5=8O 8 8A?>;L7>20=8O =>259H8E B5E=>;>389, 2 B>< G8A;5 8=D>@<0F8>==KE; ( <0=8?C;8@>20=85 8=D>@<0F859 (4578=D>@<0F8O, A>:@KB85 8;8 8A:065=85 8=D>@<0F88). #3@>70<8 8=D>@<0F8>==><C >15A?5G5=8N 3>AC40@AB25==>9 ?>;8B8:8 >AA89A:>9 $545@0F88 <>3CB O2;OBLAO: ( <>=>?>;870F8O 8=D>@<0F8>==>3> @K=:0 >AA88, 53> >B45;L=KE A5:B>@>2 >B5G5AB25==K<8 8 70@C156=K<8 8=D>@<0F8>==K<8 AB@C:BC@0<8; ( 1;>:8@>20=85 45OB5;L=>AB8 3>AC40@AB25==KE A@54AB2 <0AA>2>9 8=D>@<0F88 ?> 8=D>@<8@>20=8N @>AA89A:>9 8 70@C156=>9 0C48B>@88; ( =87:0O MDD5:B82=>ABL 8=D>@<0F8>==>3> >15A?5G5=8O 3>AC40@AB25==>9 ?>;8B8:8 >AA89A:>9 $545@0F88 2A;54AB285 45D8F8B0 :20;8D8F8@>20==KE :04@>2, >BACBAB28O A8AB5<K D>@<8@>20=8O 8 @50;870F88 3>AC40@AB25==>9 8=D>@<0F8>==>9 ?>;8B8:8. #3@>70<8 @0728B8N >B5G5AB25==>9 8=4CAB@88 8=D>@<0F88, 2:;NG0O 8=4CAB@8N A@54AB2 8=D>@<0B870F88, B5;5:><<C=8:0F88 8 A2O78, >15A?5G5=8N ?>B@51=>AB59 2=CB@5==53> @K=:0 2 55 ?@>4C:F88 8 2KE>4C MB>9 ?@>4C:F88 =0 <8@>2>9 @K=>:, 0 B0:65 >15A?5G5=8N =0:>?;5=8O, A>E@0==>AB8 8 MDD5:B82=>3> 8A?>;L7>20=8O >B5G5AB25==KE 8=D>@<0F8>==KE @5AC@A>2 <>3CB O2;OBLAO: ( ?@>B82>459AB285 4>ABC?C >AA89A:>9 $545@0F88 : =>259H8< 8=D>@<0F8>==K< B5E=>;>38O<, 2708<>2K3>4=><C 8 @02=>?@02=><C CG0AB8N @>AA89A:8E ?@>872>48B5;59 2 <8@>2>< @0745;5=88 B@C40 2 8=4CAB@88 8=D>@<0F8>==KE CA;C3, A@54AB2 8=D>@<0B870F88, B5;5:><<C=8:0F88 8 A2O78, 8=D>@<0F8>==KE ?@>4C:B>2, 0 B0:65 A>740=85 CA;>289 4;O CA8;5=8O B5E=>;>38G5A:>9 7028A8<>AB8 >AA88 2 >1;0AB8 A>2@5<5==KE 8=D>@<0F8>==KE B5E=>;>389; ( 70:C?:0 >@30=0<8 3>AC40@AB25==>9 2;0AB8 8<?>@B=KE A@54AB2 8=D>@<0B870F88, B5;5:><<C=8:0F88 8 A2O78 ?@8 =0;8G88 >B5G5AB25==KE 0=0;>3>2, =5 CABC?0NI8E ?> A2>8< E0@0:B5@8AB8:0< 70@C156=K< >1@07F0<; ( 2KB5A=5=85 A >B5G5AB25==>3> @K=:0 @>AA89A:8E ?@>872>48B5;59 A@54AB2 8=D>@<0B870F88, B5;5:><<C=8:0F88 8 A2O78; ( C25;8G5=85 >BB>:0 70 @C156 A?5F80;8AB>2 8 ?@02>>1;040B5;59 8=B5;;5:BC0;L=>9 A>1AB25==>AB8. #3@>70<8 157>?0A=>AB8 8=D>@<0F8>==KE 8 B5;5:><<C=8:0F8>==KE A@54AB2 8 A8AB5<, :0: C65 @0725@=CBKE, B0: 8 A>740205<KE =0 B5@@8B>@88 >AA88, <>3CB O2;OBLAO: ( ?@>B82>?@02=K5 A1>@ 8 8A?>;L7>20=85 8=D>@<0F88; ( =0@CH5=8O B5E=>;>388 >1@01>B:8 8=D>@<0F88; ( 2=54@5=85 2 0??0@0B=K5 8 ?@>3@0<<=K5 8745;8O :><?>=5=B>2, @50;87CNI8E DC=:F88, =5 ?@54CA<>B@5==K5 4>:C<5=B0F859 =0 MB8 8745;8O; ( @07@01>B:0 8 @0A?@>AB@0=5=85 ?@>3@0<<, =0@CH0NI8E =>@<0;L=>5 DC=:F8>=8@>20=85 8=D>@<0F8>==KE 8 8=D>@<0F8>==>-B5;5:><<C=8:0F8>==KE A8AB5<, 2 B>< G8A;5 A8AB5< 70I8BK 8=D>@<0F88; (C=8GB>65=85, ?>2@5645=85, @048>M;5:B@>==>5 ?>402;5=85 8;8 @07@CH5=85 A@54AB2 8 A8AB5< >1@01>B:8 8=D>@<0F88, B5;5:><<C=8:0F88 8 A2O78; ( 2>7459AB285 =0 ?0@>;L=>-:;NG52K5 A8AB5<K 70I8BK 02B><0B878@>20==KE A8AB5< >1@01>B:8 8 ?5@540G8 8=D>@<0F88; ( :><?@><5B0F8O :;NG59 8 A@54AB2 :@8?B>3@0D8G5A:>9 70I8BK 8=D>@<0F88; ( CB5G:0 8=D>@<0F88 ?> B5E=8G5A:8< :0=0;0<; ( 2=54@5=85 M;5:B@>==KE CAB@>9AB2 4;O ?5@5E20B0 8=D>@<0F88 2 B5E=8G5A:85 A@54AB20 >1@01>B:8, E@0=5=8O 8 ?5@540G8 8=D>@<0F88 ?> :0=0;0< A2O78, 0 B0:65 2 A;C651=K5 ?><5I5=8O >@30=>2 3>AC40@AB25==>9 2;0AB8, ?@54?@8OB89, CG@5645=89 8 >@30=870F89 =57028A8<> >B D>@<K A>1AB25==>AB8; ( C=8GB>65=85, ?>2@5645=85, @07@CH5=85 8;8 E8I5=85 <0H8==KE 8 4@C38E =>A8B5;59 8=D>@<0F88; ( ?5@5E20B 8=D>@<0F88 2 A5BOE ?5@540G8 40==KE 8 =0 ;8=8OE A2O78, 45H8D@>20=85 MB>9 8=D>@<0F88 8 =02O7K20=85 ;>6=>9 8=D>@<0F88; ( 8A?>;L7>20=85 =5A5@B8D8F8@>20==KE >B5G5AB25==KE 8 70@C156=KE 8=D>@<0F8>==KE B5E=>;>389, A@54AB2 70I8BK 8=D>@<0F88, A@54AB2 8=D>@<0B870F88, B5;5:><<C=8:0F88 8 A2O78 ?@8 A>740=88 8 @0728B88 @>AA89A:>9 8=D>@<0F8>==>9 8=D@0AB@C:BC@K; ( =5A0=:F8>=8@>20==K9 4>ABC? : 8=D>@<0F88, =0E>4OI59AO 2 10=:0E 8 1070E 40==KE; ( =0@CH5=85 70:>==KE >3@0=8G5=89 =0 @0A?@>AB@0=5=85 8=D>@<0F88. 3. AB>G=8:8 C3@>7 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 AB>G=8:8 C3@>7 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 ?>4@0745;ONBAO =0 2=5H=85 8 2=CB@5==85.  2=5H=8< 8AB>G=8:0< >B=>AOBAO: ( 45OB5;L=>ABL 8=>AB@0==KE ?>;8B8G5A:8E, M:>=><8G5A:8E, 2>5==KE, @07254K20B5;L=KE 8 8=D>@<0F8>==KE AB@C:BC@, =0?@02;5==0O ?@>B82 8=B5@5A>2 >AA89A:>9 $545@0F88 2 8=D>@<0F8>==>9 AD5@5; ( AB@5<;5=85 @O40 AB@0= : 4><8=8@>20=8N 8 CI5<;5=8N 8=B5@5A>2 >AA88 2 <8@>2>< 8=D>@<0F8>==>< ?@>AB@0=AB25, 2KB5A=5=8N 55 A 2=5H=53> 8 2=CB@5==53> 8=D>@<0F8>==KE @K=:>2; ( >1>AB@5=85 <564C=0@>4=>9 :>=:C@5=F88 70 >1;040=85 8=D>@<0F8>==K<8 B5E=>;>38O<8 8 @5AC@A0<8; ( 45OB5;L=>ABL <564C=0@>4=KE B5@@>@8AB8G5A:8E >@30=870F89; ( C25;8G5=85 B5E=>;>38G5A:>3> >B@K20 254CI8E 45@602 <8@0 8 =0@0I820=85 8E 2>7<>6=>AB59 ?> ?@>B82>459AB28N A>740=8N :>=:C@5=B>A?>A>1=KE @>AA89A:8E 8=D>@<0F8>==KE B5E=>;>389; ( 45OB5;L=>ABL :>A<8G5A:8E, 2>74CH=KE, <>@A:8E 8 =075<=KE B5E=8G5A:8E 8 8=KE A@54AB2 (284>2) @07254:8 8=>AB@0==KE 3>AC40@AB2; ( @07@01>B:0 @O4>< 3>AC40@AB2 :>=F5?F89 8=D>@<0F8>==KE 2>9=, ?@54CA<0B@820NI8E A>740=85 A@54AB2 >?0A=>3> 2>7459AB28O =0 8=D>@<0F8>==K5 AD5@K 4@C38E AB@0= <8@0, =0@CH5=85 =>@<0;L=>3> DC=:F8>=8@>20=8O 8=D>@<0F8>==KE 8 B5;5:><<C=8:0F8>==KE A8AB5<, A>E@0==>AB8 8=D>@<0F8>==KE @5AC@A>2, ?>;CG5=85 =5A0=:F8>=8@>20==>3> 4>ABC?0 : =8<.  2=CB@5==8< 8AB>G=8:0< >B=>AOBAO: ( :@8B8G5A:>5 A>AB>O=85 >B5G5AB25==KE >B@0A;59 ?@><KH;5==>AB8; ( =51;03>?@8OB=0O :@8<8=>35==0O >1AB0=>2:0, A>?@>2>640NI0OAO B5=45=F8O<8 A@0I820=8O 3>AC40@AB25==KE 8 :@8<8=0;L=KE AB@C:BC@ 2 8=D>@<0F8>==>9 AD5@5, ?>;CG5=8O :@8<8=0;L=K<8 AB@C:BC@0<8 4>ABC?0 : :>=D845=F80;L=>9 8=D>@<0F88, CA8;5=8O 2;8O=8O >@30=87>20==>9 ?@5ABC?=>AB8 =0 687=L >1I5AB20, A=865=8O AB5?5=8 70I8I5==>AB8 70:>==KE 8=B5@5A>2 3@0640=, >1I5AB20 8 3>AC40@AB20 2 8=D>@<0F8>==>9 AD5@5; ( =54>AB0B>G=0O :>>@48=0F8O 45OB5;L=>AB8 D545@0;L=KE >@30=>2 3>AC40@AB25==>9 2;0AB8, >@30=>2 3>AC40@AB25==>9 2;0AB8 AC1J5:B>2 >AA89A:>9 $545@0F88 ?> D>@<8@>20=8N 8 @50;870F88 548=>9 3>AC40@AB25==>9 ?>;8B8:8 2 >1;0AB8 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88; ( =54>AB0B>G=0O @07@01>B0==>ABL =>@<0B82=>9 ?@02>2>9 107K, @53C;8@CNI59 >B=>H5=8O 2 8=D>@<0F8>==>9 AD5@5, 0 B0:65 =54>AB0B>G=0O ?@02>?@8<5=8B5;L=0O ?@0:B8:0; ( =5@0728B>ABL 8=AB8BCB>2 3@0640=A:>3> >1I5AB20 8 =54>AB0B>G=K9 3>AC40@AB25==K9 :>=B@>;L 70 @0728B85< 8=D>@<0F8>==>3> @K=:0 >AA88; ( =54>AB0B>G=>5 D8=0=A8@>20=85 <5@>?@8OB89 ?> >15A?5G5=8N 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88; ( =54>AB0B>G=0O M:>=><8G5A:0O <>IL 3>AC40@AB20; ( A=865=85 MDD5:B82=>AB8 A8AB5<K >1@07>20=8O 8 2>A?8B0=8O, =54>AB0B>G=>5 :>;8G5AB2> :20;8D8F8@>20==KE :04@>2 2 >1;0AB8 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8; ( =54>AB0B>G=0O 0:B82=>ABL D545@0;L=KE >@30=>2 3>AC40@AB25==>9 2;0AB8, >@30=>2 3>AC40@AB25==>9 2;0AB8 AC1J5:B>2 >AA89A:>9 $545@0F88 2 8=D>@<8@>20=88 >1I5AB20 > A2>59 45OB5;L=>AB8, 2 @07JOA=5=88 ?@8=8<05<KE @5H5=89, 2 D>@<8@>20=88 >B:@KBKE 3>AC40@AB25==KE @5AC@A>2 8 @0728B88 A8AB5<K 4>ABC?0 : =8< 3@0640=; ( >BAB020=85 >AA88 >B 254CI8E AB@0= <8@0 ?> C@>2=N 8=D>@<0B870F88 D545@0;L=KE >@30=>2 3>AC40@AB25==>9 2;0AB8, >@30=>2 3>AC40@AB25==>9 2;0AB8 AC1J5:B>2 >AA89A:>9 $545@0F88 8 >@30=>2 <5AB=>3> A0<>C?@02;5=8O, :@548B=>-D8=0=A>2>9 AD5@K, ?@><KH;5==>AB8, A5;LA:>3> E>7O9AB20, >1@07>20=8O, 74@02>>E@0=5=8O, AD5@K CA;C3 8 1KB0 3@0640=. 4. !>AB>O=85 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 8 >A=>2=K5 7040G8 ?> 55 >15A?5G5=8N 0 ?>A;54=85 3>4K 2 >AA89A:>9 $545@0F88 @50;87>20= :><?;5:A <5@ ?> A>25@H5=AB2>20=8N >15A?5G5=8O 55 8=D>@<0F8>==>9 157>?0A=>AB8. 0G0B> D>@<8@>20=85 107K ?@02>2>3> >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8. @8=OBK 0:>= >AA89A:>9 $545@0F88   3>AC40@AB25==>9 B09=5 , A=>2K 70:>=>40B5;LAB20 >AA89A:>9 $545@0F88 >1 @E82=>< D>=45 >AA89A:>9 $545@0F88 8 0@E820E, D545@0;L=K5 70:>=K  1 8=D>@<0F88, 8=D>@<0B870F88 8 70I8B5 8=D>@<0F88 ,  1 CG0AB88 2 <564C=0@>4=>< 8=D>@<0F8>==>< >1<5=5 , @O4 4@C38E 70:>=>2, @0725@=CB0 @01>B0 ?> A>740=8N <5E0=87<>2 8E @50;870F88, ?>43>B>2:5 70:>=>?@>5:B>2, @53;0<5=B8@CNI8E >1I5AB25==K5 >B=>H5=8O 2 8=D>@<0F8>==>9 AD5@5. ACI5AB2;5=K <5@>?@8OB8O ?> >15A?5G5=8N 8=D>@<0F8>==>9 157>?0A=>AB8 2 D545@0;L=KE >@30=0E 3>AC40@AB25==>9 2;0AB8, >@30=0E 3>AC40@AB25==>9 2;0AB8 AC1J5:B>2 >AA89A:>9 $545@0F88, =0 ?@54?@8OB8OE, 2 CG@5645=8OE 8 >@30=870F8OE =57028A8<> >B D>@<K A>1AB25==>AB8. 0725@=CBK @01>BK ?> A>740=8N 70I8I5==>9 8=D>@<0F8>==>-B5;5:><<C=8:0F8>==>9 A8AB5<K A?5F80;L=>3> =07=0G5=8O 2 8=B5@5A0E >@30=>2 3>AC40@AB25==>9 2;0AB8. #A?5H=><C @5H5=8N 2>?@>A>2 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 A?>A>1AB2CNB 3>AC40@AB25==0O A8AB5<0 70I8BK 8=D>@<0F88, A8AB5<0 70I8BK 3>AC40@AB25==>9 B09=K, A8AB5<K ;8F5=78@>20=8O 45OB5;L=>AB8 2 >1;0AB8 70I8BK 3>AC40@AB25==>9 B09=K 8 A8AB5<K A5@B8D8:0F88 A@54AB2 70I8BK 8=D>@<0F88. <5AB5 A B5< 0=0;87 A>AB>O=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 ?>:07K205B, GB> 55 C@>25=L =5 2 ?>;=>9 <5@5 A>>B25BAB2C5B ?>B@51=>ABO< >1I5AB20 8 3>AC40@AB20. !>2@5<5==K5 CA;>28O ?>;8B8G5A:>3> 8 A>F80;L=>-M:>=><8G5A:>3> @0728B8O AB@0=K 2K7K20NB >1>AB@5=85 ?@>B82>@5G89 <564C ?>B@51=>ABO<8 >1I5AB20 2 @0AH8@5=88 A2>1>4=>3> >1<5=0 8=D>@<0F859 8 =5>1E>48<>ABLN A>E@0=5=8O >B45;L=KE @53;0<5=B8@>20==KE >3@0=8G5=89 =0 55 @0A?@>AB@0=5=85. @>B82>@5G82>ABL 8 =5@0728B>ABL ?@02>2>3> @53C;8@>20=8O >1I5AB25==KE >B=>H5=89 2 8=D>@<0F8>==>9 AD5@5 ?@82>4OB : A5@L57=K< =530B82=K< ?>A;54AB28O<. "0:, =54>AB0B>G=>ABL =>@<0B82=>3> ?@02>2>3> @53C;8@>20=8O >B=>H5=89 2 >1;0AB8 @50;870F88 2>7<>6=>AB59 :>=AB8BCF8>==KE >3@0=8G5=89 A2>1>4K <0AA>2>9 8=D>@<0F88 2 8=B5@5A0E 70I8BK >A=>2 :>=AB8BCF8>==>3> AB@>O, =@02AB25==>AB8, 74>@>2LO, ?@02 8 70:>==KE 8=B5@5A>2 3@0640=, >15A?5G5=8O >1>@>=>A?>A>1=>AB8 AB@0=K 8 157>?0A=>AB8 3>AC40@AB20 ACI5AB25==> 70B@C4=O5B ?>445@60=85 =5>1E>48<>3> 10;0=A0 8=B5@5A>2 ;8G=>AB8, >1I5AB20 8 3>AC40@AB20 2 8=D>@<0F8>==>9 AD5@5. 5A>25@H5==>5 =>@<0B82=>5 ?@02>2>5 @53C;8@>20=85 >B=>H5=89 2 >1;0AB8 <0AA>2>9 8=D>@<0F88 70B@C4=O5B D>@<8@>20=85 =0 B5@@8B>@88 >AA89A:>9 $545@0F88 :>=:C@5=B>A?>A>1=KE @>AA89A:8E 8=D>@<0F8>==KE 035=BAB2 8 A@54AB2 <0AA>2>9 8=D>@<0F88. 5>15A?5G5==>ABL ?@02 3@0640= =0 4>ABC? : 8=D>@<0F88, <0=8?C;8@>20=85 8=D>@<0F859 2K7K20NB =530B82=CN @50:F8N =0A5;5=8O, GB> 2 @O45 A;CG052 2545B : 45AB018;870F88 A>F80;L=>-?>;8B8G5A:>9 >1AB0=>2:8 2 >1I5AB25. 0:@5?;5==K5 2 >=AB8BCF88 >AA89A:>9 $545@0F88 ?@020 3@0640= =0 =5?@8:>A=>25==>ABL G0AB=>9 687=8, ;8G=CN 8 A5<59=CN B09=C, B09=C ?5@5?8A:8 ?@0:B8G5A:8 =5 8<5NB 4>AB0B>G=>3> ?@02>2>3>, >@30=870F8>==>3> 8 B5E=8G5A:>3> >15A?5G5=8O. 5C4>2;5B2>@8B5;L=> >@30=87>20=0 70I8B0 A>18@05<KE D545@0;L=K<8 >@30=0<8 3>AC40@AB25==>9 2;0AB8, >@30=0<8 3>AC40@AB25==>9 2;0AB8 AC1J5:B>2 >AA89A:>9 $545@0F88, >@30=0<8 <5AB=>3> A0<>C?@02;5=8O 40==KE > D878G5A:8E ;8F0E (?5@A>=0;L=KE 40==KE). 5B G5B:>AB8 ?@8 ?@>2545=88 3>AC40@AB25==>9 ?>;8B8:8 2 >1;0AB8 D>@<8@>20=8O @>AA89A:>3> 8=D>@<0F8>==>3> ?@>AB@0=AB20, @0728B8O A8AB5<K <0AA>2>9 8=D>@<0F88, >@30=870F88 <564C=0@>4=>3> 8=D>@<0F8>==>3> >1<5=0 8 8=B53@0F88 8=D>@<0F8>==>3> ?@>AB@0=AB20 >AA88 2 <8@>2>5 8=D>@<0F8>==>5 ?@>AB@0=AB2>, GB> A>7405B CA;>28O 4;O 2KB5A=5=8O @>AA89A:8E 8=D>@<0F8>==KE 035=BAB2, A@54AB2 <0AA>2>9 8=D>@<0F88 A 2=CB@5==53> 8=D>@<0F8>==>3> @K=:0 8 45D>@<0F88 AB@C:BC@K <564C=0@>4=>3> 8=D>@<0F8>==>3> >1<5=0. 54>AB0B>G=0 3>AC40@AB25==0O ?>445@6:0 45OB5;L=>AB8 @>AA89A:8E 8=D>@<0F8>==KE 035=BAB2 ?> ?@>42865=8N 8E ?@>4C:F88 =0 70@C156=K9 8=D>@<0F8>==K9 @K=>:. #EC4H05BAO A8BC0F8O A >15A?5G5=85< A>E@0==>AB8 A2545=89, A>AB02;ONI8E 3>AC40@AB25==CN B09=C. !5@L57=K9 C@>= =0=5A5= :04@>2><C ?>B5=F80;C =0CG=KE 8 ?@>872>4AB25==KE :>;;5:B82>2, 459AB2CNI8E 2 >1;0AB8 A>740=8O A@54AB2 8=D>@<0B870F88, B5;5:><<C=8:0F88 8 A2O78, 2 @57C;LB0B5 <0AA>2>3> CE>40 87 MB8E :>;;5:B82>2 =081>;55 :20;8D8F8@>20==KE A?5F80;8AB>2. BAB020=85 >B5G5AB25==KE 8=D>@<0F8>==KE B5E=>;>389 2K=C6405B D545@0;L=K5 >@30=K 3>AC40@AB25==>9 2;0AB8, >@30=K 3>AC40@AB25==>9 2;0AB8 AC1J5:B>2 >AA89A:>9 $545@0F88 8 >@30=K <5AB=>3> A0<>C?@02;5=8O ?@8 A>740=88 8=D>@<0F8>==KE A8AB5< 84B8 ?> ?CB8 70:C?>: 8<?>@B=>9 B5E=8:8 8 ?@82;5G5=8O 8=>AB@0==KE D8@<, 87-70 G53> ?>2KH05BAO 25@>OB=>ABL =5A0=:F8>=8@>20==>3> 4>ABC?0 : >1@010BK205<>9 8=D>@<0F88 8 2>7@0AB05B 7028A8<>ABL >AA88 >B 8=>AB@0==KE ?@>872>48B5;59 :><?LNB5@=>9 8 B5;5:><<C=8:0F8>==>9 B5E=8:8, 0 B0:65 ?@>3@0<<=>3> >15A?5G5=8O.  A2O78 A 8=B5=A82=K< 2=54@5=85< 70@C156=KE 8=D>@<0F8>==KE B5E=>;>389 2 AD5@K 45OB5;L=>AB8 ;8G=>AB8, >1I5AB20 8 3>AC40@AB20, 0 B0:65 A H8@>:8< ?@8<5=5=85< >B:@KBKE 8=D>@<0F8>==>-B5;5:><<C=8:0F8>==KE A8AB5<, 8=B53@0F859 >B5G5AB25==KE 8=D>@<0F8>==KE A8AB5< 8 <564C=0@>4=KE 8=D>@<0F8>==KE A8AB5< 2>7@>A;8 C3@>7K ?@8<5=5=8O  8=D>@<0F8>==>3> >@C68O ?@>B82 8=D>@<0F8>==>9 8=D@0AB@C:BC@K >AA88. 01>BK ?> 045:20B=><C :><?;5:A=><C ?@>B82>459AB28N MB8< C3@>70< 254CBAO ?@8 =54>AB0B>G=>9 :>>@48=0F88 8 A;01>< 1N465B=>< D8=0=A8@>20=88. 54>AB0B>G=>5 2=8<0=85 C45;O5BAO @0728B8N A@54AB2 :>A<8G5A:>9 @07254:8 8 @048>M;5:B@>==>9 1>@L1K. !;>682H55AO ?>;>65=85 45; 2 >1;0AB8 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 B@51C5B 157>B;030B5;L=>3> @5H5=8O B0:8E 7040G, :0:: ( @07@01>B:0 >A=>2=KE =0?@02;5=89 3>AC40@AB25==>9 ?>;8B8:8 2 >1;0AB8 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88, 0 B0:65 <5@>?@8OB89 8 <5E0=87<>2, A2O70==KE A @50;870F859 MB>9 ?>;8B8:8; ( @0728B85 8 A>25@H5=AB2>20=85 A8AB5<K >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88, @50;87CNI59 548=CN 3>AC40@AB25==CN ?>;8B8:C 2 MB>9 >1;0AB8, 2:;NG0O A>25@H5=AB2>20=85 D>@<, <5B>4>2 8 A@54AB2 2KO2;5=8O, >F5=:8 8 ?@>3=>78@>20=8O C3@>7 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88, 0 B0:65 A8AB5<K ?@>B82>459AB28O MB8< C3@>70<; ( @07@01>B:0 D545@0;L=KE F5;52KE ?@>3@0<< >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88; ( @07@01>B:0 :@8B5@852 8 <5B>4>2 >F5=:8 MDD5:B82=>AB8 A8AB5< 8 A@54AB2 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88, 0 B0:65 A5@B8D8:0F88 MB8E A8AB5< 8 A@54AB2; ( A>25@H5=AB2>20=85 =>@<0B82=>9 ?@02>2>9 107K >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88, 2:;NG0O <5E0=87<K @50;870F88 ?@02 3@0640= =0 ?>;CG5=85 8=D>@<0F88 8 4>ABC? : =59, D>@<K 8 A?>A>1K @50;870F88 ?@02>2KE =>@<, :0A0NI8EAO 2708<>459AB28O 3>AC40@AB20 A> A@54AB20<8 <0AA>2>9 8=D>@<0F88; ( CAB0=>2;5=85 >B25BAB25==>AB8 4>;6=>AB=KE ;8F D545@0;L=KE >@30=>2 3>AC40@AB25==>9 2;0AB8, >@30=>2 3>AC40@AB25==>9 2;0AB8 AC1J5:B>2 >AA89A:>9 $545@0F88, >@30=>2 <5AB=>3> A0<>C?@02;5=8O, N@848G5A:8E ;8F 8 3@0640= 70 A>1;N45=85 B@51>20=89 8=D>@<0F8>==>9 157>?0A=>AB8; ( :>>@48=0F8O 45OB5;L=>AB8 D545@0;L=KE >@30=>2 3>AC40@AB25==>9 2;0AB8, >@30=>2 3>AC40@AB25==>9 2;0AB8 AC1J5:B>2 >AA89A:>9 $545@0F88, ?@54?@8OB89, CG@5645=89 8 >@30=870F89 =57028A8<> >B D>@<K A>1AB25==>AB8 2 >1;0AB8 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88; ( @0728B85 =0CG=>-?@0:B8G5A:8E >A=>2 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 A CG5B>< A>2@5<5==>9 35>?>;8B8G5A:>9 A8BC0F88, CA;>289 ?>;8B8G5A:>3> 8 A>F80;L=>-M:>=><8G5A:>3> @0728B8O >AA88 8 @50;L=>AB8 C3@>7 ?@8<5=5=8O  8=D>@<0F8>==>3> >@C68O ; ( @07@01>B:0 8 A>740=85 <5E0=87<>2 D>@<8@>20=8O 8 @50;870F88 3>AC40@AB25==>9 8=D>@<0F8>==>9 ?>;8B8:8 >AA88; ( @07@01>B:0 <5B>4>2 ?>2KH5=8O MDD5:B82=>AB8 CG0AB8O 3>AC40@AB20 2 D>@<8@>20=88 8=D>@<0F8>==>9 ?>;8B8:8 3>AC40@AB25==KE B5;5@048>25I0B5;L=KE >@30=870F89, 4@C38E 3>AC40@AB25==KE A@54AB2 <0AA>2>9 8=D>@<0F88; ( >15A?5G5=85 B5E=>;>38G5A:>9 =57028A8<>AB8 >AA89A:>9 $545@0F88 2 206=59H8E >1;0ABOE 8=D>@<0B870F88, B5;5:><<C=8:0F88 8 A2O78, >?@545;ONI8E 55 157>?0A=>ABL, 8 2 ?5@2CN >G5@54L 2 >1;0AB8 A>740=8O A?5F80;878@>20==>9 2KG8A;8B5;L=>9 B5E=8:8 4;O >1@07F>2 2>>@C65=8O 8 2>5==>9 B5E=8:8; ( @07@01>B:0 A>2@5<5==KE <5B>4>2 8 A@54AB2 70I8BK 8=D>@<0F88, >15A?5G5=8O 157>?0A=>AB8 8=D>@<0F8>==KE B5E=>;>389, 8 ?@5645 2A53> 8A?>;L7C5<KE 2 A8AB5<0E C?@02;5=8O 2>9A:0<8 8 >@C685<, M:>;>38G5A:8 >?0A=K<8 8 M:>=><8G5A:8 206=K<8 ?@>872>4AB20<8; ( @0728B85 8 A>25@H5=AB2>20=85 3>AC40@AB25==>9 A8AB5<K 70I8BK 8=D>@<0F88 8 A8AB5<K 70I8BK 3>AC40@AB25==>9 B09=K; ( A>740=85 8 @0728B85 A>2@5<5==>9 70I8I5==>9 B5E=>;>38G5A:>9 >A=>2K C?@02;5=8O 3>AC40@AB2>< 2 <8@=>5 2@5<O, 2 G@572KG09=KE A8BC0F8OE 8 2 2>5==>5 2@5<O; ( @0AH8@5=85 2708<>459AB28O A <564C=0@>4=K<8 8 70@C156=K<8 >@30=0<8 8 >@30=870F8O<8 ?@8 @5H5=88 =0CG=>-B5E=8G5A:8E 8 ?@02>2KE 2>?@>A>2 >15A?5G5=8O 157>?0A=>AB8 8=D>@<0F88, ?5@540205<>9 A ?><>ILN <564C=0@>4=KE B5;5:><<C=8:0F8>==KE A8AB5< 8 A8AB5< A2O78; ( >15A?5G5=85 CA;>289 4;O 0:B82=>3> @0728B8O @>AA89A:>9 8=D>@<0F8>==>9 8=D@0AB@C:BC@K, CG0AB8O >AA88 2 ?@>F5AA0E A>740=8O 8 8A?>;L7>20=8O 3;>10;L=KE 8=D>@<0F8>==KE A5B59 8 A8AB5<; ( A>740=85 548=>9 A8AB5<K ?>43>B>2:8 :04@>2 2 >1;0AB8 8=D>@<0F8>==>9 157>?0A=>AB8 8 8=D>@<0F8>==KE B5E=>;>389. II. 5B>4K >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 5. 1I85 <5B>4K >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 1I85 <5B>4K >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 @0745;ONBAO =0 ?@02>2K5, >@30=870F8>==>-B5E=8G5A:85 8 M:>=><8G5A:85.  ?@02>2K< <5B>40< >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 >B=>A8BAO @07@01>B:0 =>@<0B82=KE ?@02>2KE 0:B>2, @53;0<5=B8@CNI8E >B=>H5=8O 2 8=D>@<0F8>==>9 AD5@5, 8 =>@<0B82=KE <5B>48G5A:8E 4>:C<5=B>2 ?> 2>?@>A0< >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88. 081>;55 206=K<8 =0?@02;5=8O<8 MB>9 45OB5;L=>AB8 O2;ONBAO: ( 2=5A5=85 87<5=5=89 8 4>?>;=5=89 2 70:>=>40B5;LAB2> >AA89A:>9 $545@0F88, @53C;8@CNI55 >B=>H5=8O 2 >1;0AB8 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8, 2 F5;OE A>740=8O 8 A>25@H5=AB2>20=8O A8AB5<K >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88, CAB@0=5=8O 2=CB@5==8E ?@>B82>@5G89 2 D545@0;L=>< 70:>=>40B5;LAB25, ?@>B82>@5G89, A2O70==KE A <564C=0@>4=K<8 A>3;0H5=8O<8, : :>B>@K< ?@8A>548=8;0AL >AA89A:0O $545@0F8O, 8 ?@>B82>@5G89 <564C D545@0;L=K<8 70:>=>40B5;L=K<8 0:B0<8 8 70:>=>40B5;L=K<8 0:B0<8 AC1J5:B>2 >AA89A:>9 $545@0F88, 0 B0:65 2 F5;OE :>=:@5B870F88 ?@02>2KE =>@<, CAB0=02;820NI8E >B25BAB25==>ABL 70 ?@02>=0@CH5=8O 2 >1;0AB8 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88; ( 70:>=>40B5;L=>5 @073@0=8G5=85 ?>;=><>G89 2 >1;0AB8 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 <564C D545@0;L=K<8 >@30=0<8 3>AC40@AB25==>9 2;0AB8 8 >@30=0<8 3>AC40@AB25==>9 2;0AB8 AC1J5:B>2 >AA89A:>9 $545@0F88, >?@545;5=85 F5;59, 7040G 8 <5E0=87<>2 CG0AB8O 2 MB>9 45OB5;L=>AB8 >1I5AB25==KE >1J548=5=89, >@30=870F89 8 3@0640=; ( @07@01>B:0 8 ?@8=OB85 =>@<0B82=KE ?@02>2KE 0:B>2 >AA89A:>9 $545@0F88, CAB0=02;820NI8E >B25BAB25==>ABL N@848G5A:8E 8 D878G5A:8E ;8F 70 =5A0=:F8>=8@>20==K9 4>ABC? : 8=D>@<0F88, 55 ?@>B82>?@02=>5 :>?8@>20=85, 8A:065=85 8 ?@>B82>70:>==>5 8A?>;L7>20=85, ?@54=0<5@5==>5 @0A?@>AB@0=5=85 =54>AB>25@=>9 8=D>@<0F88, ?@>B82>?@02=>5 @0A:@KB85 :>=D845=F80;L=>9 8=D>@<0F88, 8A?>;L7>20=85 2 ?@5ABC?=KE 8 :>@KAB=KE F5;OE A;C651=>9 8=D>@<0F88 8;8 8=D>@<0F88, A>45@60I59 :><<5@G5A:CN B09=C; ( CB>G=5=85 AB0BCA0 8=>AB@0==KE 8=D>@<0F8>==KE 035=BAB2, A@54AB2 <0AA>2>9 8=D>@<0F88 8 6C@=0;8AB>2, 0 B0:65 8=25AB>@>2 ?@8 ?@82;5G5=88 8=>AB@0==KE 8=25AB8F89 4;O @0728B8O 8=D>@<0F8>==>9 8=D@0AB@C:BC@K >AA88; ( 70:>=>40B5;L=>5 70:@5?;5=85 ?@8>@8B5B0 @0728B8O =0F8>=0;L=KE A5B59 A2O78 8 >B5G5AB25==>3> ?@>872>4AB20 :>A<8G5A:8E A?CB=8:>2 A2O78; ( >?@545;5=85 AB0BCA0 >@30=870F89, ?@54>AB02;ONI8E CA;C38 3;>10;L=KE 8=D>@<0F8>==>-B5;5:><<C=8:0F8>==KE A5B59 =0 B5@@8B>@88 >AA89A:>9 $545@0F88, 8 ?@02>2>5 @53C;8@>20=85 45OB5;L=>AB8 MB8E >@30=870F89; (A>740=85 ?@02>2>9 107K 4;O D>@<8@>20=8O 2 >AA89A:>9 $545@0F88 @538>=0;L=KE AB@C:BC@ >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8. @30=870F8>==>-B5E=8G5A:8<8 <5B>40<8 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 O2;ONBAO: ( A>740=85 8 A>25@H5=AB2>20=85 A8AB5<K >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88; ( CA8;5=85 ?@02>?@8<5=8B5;L=>9 45OB5;L=>AB8 D545@0;L=KE >@30=>2 8A?>;=8B5;L=>9 2;0AB8, >@30=>2 8A?>;=8B5;L=>9 2;0AB8 AC1J5:B>2 >AA89A:>9 $545@0F88, 2:;NG0O ?@54C?@5645=85 8 ?@5A5G5=85 ?@02>=0@CH5=89 2 8=D>@<0F8>==>9 AD5@5, 0 B0:65 2KO2;5=85, 87>1;8G5=85 8 ?@82;5G5=85 : >B25BAB25==>AB8 ;8F, A>25@H82H8E ?@5ABC?;5=8O 8 4@C385 ?@02>=0@CH5=8O 2 MB>9 AD5@5; ( @07@01>B:0, 8A?>;L7>20=85 8 A>25@H5=AB2>20=85 A@54AB2 70I8BK 8=D>@<0F88 8 <5B>4>2 :>=B@>;O MDD5:B82=>AB8 MB8E A@54AB2, @0728B85 70I8I5==KE B5;5:><<C=8:0F8>==KE A8AB5<, ?>2KH5=85 =0456=>AB8 A?5F80;L=>3> ?@>3@0<<=>3> >15A?5G5=8O; ( A>740=85 A8AB5< 8 A@54AB2 ?@54>B2@0I5=8O =5A0=:F8>=8@>20==>3> 4>ABC?0 : >1@010BK205<>9 8=D>@<0F88 8 A?5F80;L=KE 2>7459AB289, 2K7K20NI8E @07@CH5=85, C=8GB>65=85, 8A:065=85 8=D>@<0F88, 0 B0:65 87<5=5=85 HB0B=KE @568<>2 DC=:F8>=8@>20=8O A8AB5< 8 A@54AB2 8=D>@<0B870F88 8 A2O78; ( 2KO2;5=85 B5E=8G5A:8E CAB@>9AB2 8 ?@>3@0<<, ?@54AB02;ONI8E >?0A=>ABL 4;O =>@<0;L=>3> DC=:F8>=8@>20=8O 8=D>@<0F8>==>-B5;5:><<C=8:0F8>==KE A8AB5<, ?@54>B2@0I5=85 ?5@5E20B0 8=D>@<0F88 ?> B5E=8G5A:8< :0=0;0<, ?@8<5=5=85 :@8?B>3@0D8G5A:8E A@54AB2 70I8BK 8=D>@<0F88 ?@8 55 E@0=5=88, >1@01>B:5 8 ?5@540G5 ?> :0=0;0< A2O78, :>=B@>;L 70 2K?>;=5=85< A?5F80;L=KE B@51>20=89 ?> 70I8B5 8=D>@<0F88; ( A5@B8D8:0F8O A@54AB2 70I8BK 8=D>@<0F88, ;8F5=78@>20=85 45OB5;L=>AB8 2 >1;0AB8 70I8BK 3>AC40@AB25==>9 B09=K, AB0=40@B870F8O A?>A>1>2 8 A@54AB2 70I8BK 8=D>@<0F88; ( A>25@H5=AB2>20=85 A8AB5<K A5@B8D8:0F88 B5;5:><<C=8:0F8>==>3> >1>@C4>20=8O 8 ?@>3@0<<=>3> >15A?5G5=8O 02B><0B878@>20==KE A8AB5< >1@01>B:8 8=D>@<0F88 ?> B@51>20=8O< 8=D>@<0F8>==>9 157>?0A=>AB8; ( :>=B@>;L 70 459AB28O<8 ?5@A>=0;0 2 70I8I5==KE 8=D>@<0F8>==KE A8AB5<0E, ?>43>B>2:0 :04@>2 2 >1;0AB8 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88; ( D>@<8@>20=85 A8AB5<K <>=8B>@8=30 ?>:070B5;59 8 E0@0:B5@8AB8: 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 2 =081>;55 206=KE AD5@0E 687=8 8 45OB5;L=>AB8 >1I5AB20 8 3>AC40@AB20. -:>=><8G5A:85 <5B>4K >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 2:;NG0NB 2 A51O: ( @07@01>B:C ?@>3@0<< >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 8 >?@545;5=85 ?>@O4:0 8E D8=0=A8@>20=8O; ( A>25@H5=AB2>20=85 A8AB5<K D8=0=A8@>20=8O @01>B, A2O70==KE A @50;870F859 ?@02>2KE 8 >@30=870F8>==>-B5E=8G5A:8E <5B>4>2 70I8BK 8=D>@<0F88, A>740=85 A8AB5<K AB@0E>20=8O 8=D>@<0F8>==KE @8A:>2 D878G5A:8E 8 N@848G5A:8E ;8F. 6. A>15==>AB8 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 2 @07;8G=KE AD5@0E >1I5AB25==>9 687=8 =D>@<0F8>==0O 157>?0A=>ABL >AA89A:>9 $545@0F88 O2;O5BAO >4=>9 87 A>AB02;ONI8E =0F8>=0;L=>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 8 >:07K205B 2;8O=85 =0 70I8I5==>ABL =0F8>=0;L=KE 8=B5@5A>2 >AA89A:>9 $545@0F88 2 @07;8G=KE AD5@0E 687=545OB5;L=>AB8 >1I5AB20 8 3>AC40@AB20. #3@>7K 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 8 <5B>4K 55 >15A?5G5=8O O2;ONBAO >1I8<8 4;O MB8E AD5@.  :064>9 87 =8E 8<5NBAO A2>8 >A>15==>AB8 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8, A2O70==K5 A> A?5F8D8:>9 >1J5:B>2 >15A?5G5=8O 157>?0A=>AB8, AB5?5=LN 8E CO728<>AB8 2 >B=>H5=88 C3@>7 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88.  :064>9 AD5@5 687=545OB5;L=>AB8 >1I5AB20 8 3>AC40@AB20 =0@O4C A >1I8<8 <5B>40<8 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 <>3CB 8A?>;L7>20BLAO G0AB=K5 <5B>4K 8 D>@<K, >1CA;>2;5==K5 A?5F8D8:>9 D0:B>@>2, 2;8ONI8E =0 A>AB>O=85 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88.  AD5@5 M:>=><8:8. 15A?5G5=85 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 2 AD5@5 M:>=><8:8 83@05B :;NG52CN @>;L 2 >15A?5G5=88 =0F8>=0;L=>9 157>?0A=>AB8 >AA89A:>9 $545@0F88. >7459AB28N C3@>7 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 2 AD5@5 M:>=><8:8 =081>;55 ?>425@65=K: ( A8AB5<0 3>AC40@AB25==>9 AB0B8AB8:8; ( :@548B=>-D8=0=A>20O A8AB5<0; ( 8=D>@<0F8>==K5 8 CG5B=K5 02B><0B878@>20==K5 A8AB5<K ?>4@0745;5=89 D545@0;L=KE >@30=>2 8A?>;=8B5;L=>9 2;0AB8, >15A?5G820NI8E 45OB5;L=>ABL >1I5AB20 8 3>AC40@AB20 2 AD5@5 M:>=><8:8; ( A8AB5<K 1CE30;B5@A:>3> CG5B0 ?@54?@8OB89, CG@5645=89 8 >@30=870F89 =57028A8<> >B D>@<K A>1AB25==>AB8; ( A8AB5<K A1>@0, >1@01>B:8, E@0=5=8O 8 ?5@540G8 D8=0=A>2>9, 18@652>9, =0;>3>2>9, B0<>65==>9 8=D>@<0F88 8 8=D>@<0F88 > 2=5H=5M:>=><8G5A:>9 45OB5;L=>AB8 3>AC40@AB20, 0 B0:65 ?@54?@8OB89, CG@5645=89 8 >@30=870F89 =57028A8<> >B D>@<K A>1AB25==>AB8. 5@5E>4 : @K=>G=K< >B=>H5=8O< 2 M:>=><8:5 2K720; ?>O2;5=85 =0 2=CB@5==5< @>AA89A:>< @K=:5 B>20@>2 8 CA;C3 <=>65AB20 >B5G5AB25==KE 8 70@C156=KE :><<5@G5A:8E AB@C:BC@ - ?@>872>48B5;59 8 ?>B@518B5;59 8=D>@<0F88, A@54AB2 8=D>@<0B870F88 8 70I8BK 8=D>@<0F88. 5A:>=B@>;L=0O 45OB5;L=>ABL MB8E AB@C:BC@ ?> A>740=8N 8 70I8B5 A8AB5< A1>@0, >1@01>B:8, E@0=5=8O 8 ?5@540G8 AB0B8AB8G5A:>9, D8=0=A>2>9, 18@652>9, =0;>3>2>9, B0<>65==>9 8=D>@<0F88 A>7405B @50;L=CN C3@>7C 157>?0A=>AB8 >AA88 2 M:>=><8G5A:>9 AD5@5. =0;>38G=K5 C3@>7K 2>7=8:0NB ?@8 15A:>=B@>;L=>< ?@82;5G5=88 8=>AB@0==KE D8@< : A>740=8N ?>4>1=KE A8AB5<, ?>A:>;L:C ?@8 MB>< A:;04K20NBAO 1;03>?@8OB=K5 CA;>28O 4;O =5A0=:F8>=8@>20==>3> 4>ABC?0 : :>=D845=F80;L=>9 M:>=><8G5A:>9 8=D>@<0F88 8 4;O :>=B@>;O 70 ?@>F5AA0<8 55 ?5@540G8 8 >1@01>B:8 A> AB>@>=K 8=>AB@0==KE A?5FA;C61. @8B8G5A:>5 A>AB>O=85 ?@54?@8OB89 =0F8>=0;L=KE >B@0A;59 ?@><KH;5==>AB8, @07@010BK20NI8E 8 ?@>872>4OI8E A@54AB20 8=D>@<0B870F88, B5;5:><<C=8:0F88, A2O78 8 70I8BK 8=D>@<0F88, ?@82>48B : H8@>:><C 8A?>;L7>20=8N A>>B25BAB2CNI8E 8<?>@B=KE A@54AB2, GB> A>7405B C3@>7C 2>7=8:=>25=8O B5E=>;>38G5A:>9 7028A8<>AB8 >AA88 >B 8=>AB@0==KE 3>AC40@AB2. !5@L57=CN C3@>7C 4;O =>@<0;L=>3> DC=:F8>=8@>20=8O M:>=><8:8 2 F5;>< ?@54AB02;ONB :><?LNB5@=K5 ?@5ABC?;5=8O, A2O70==K5 A ?@>=8:=>25=85< :@8<8=0;L=KE M;5<5=B>2 2 :><?LNB5@=K5 A8AB5<K 8 A5B8 10=:>2 8 8=KE :@548B=KE >@30=870F89. 54>AB0B>G=>ABL =>@<0B82=>9 ?@02>2>9 107K, >?@545;ONI59 >B25BAB25==>ABL E>7O9AB2CNI8E AC1J5:B>2 70 =54>AB>25@=>ABL 8;8 A>:@KB85 A2545=89 >1 8E :><<5@G5A:>9 45OB5;L=>AB8, > ?>B@518B5;LA:8E A2>9AB20E ?@>872>48<KE 8<8 B>20@>2 8 CA;C3, > @57C;LB0B0E 8E E>7O9AB25==>9 45OB5;L=>AB8, >1 8=25AB8F8OE 8 B><C ?>4>1=><, ?@5?OBAB2C5B =>@<0;L=><C DC=:F8>=8@>20=8N E>7O9AB2CNI8E AC1J5:B>2.  B> 65 2@5<O ACI5AB25==K9 M:>=><8G5A:89 CI5@1 E>7O9AB2CNI8< AC1J5:B0< <>65B 1KBL =0=5A5= 2A;54AB285 @073;0H5=8O 8=D>@<0F88, A>45@60I59 :><<5@G5A:CN B09=C.  A8AB5<0E A1>@0, >1@01>B:8, E@0=5=8O 8 ?5@540G8 D8=0=A>2>9, 18@652>9, =0;>3>2>9, B0<>65==>9 8=D>@<0F88 =081>;55 >?0A=K ?@>B82>?@02=>5 :>?8@>20=85 8=D>@<0F88 8 55 8A:065=85 2A;54AB285 ?@54=0<5@5==KE 8;8 A;CG09=KE =0@CH5=89 B5E=>;>388 @01>BK A 8=D>@<0F859, =5A0=:F8>=8@>20==>3> 4>ABC?0 : =59. -B> :0A05BAO 8 D545@0;L=KE >@30=>2 8A?>;=8B5;L=>9 2;0AB8, 70=OBKE D>@<8@>20=85< 8 @0A?@>AB@0=5=85< 8=D>@<0F88 > 2=5H=5M:>=><8G5A:>9 45OB5;L=>AB8 >AA89A:>9 $545@0F88. A=>2=K<8 <5@0<8 ?> >15A?5G5=8N 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 2 AD5@5 M:>=><8:8 O2;ONBAO: ( >@30=870F8O 8 >ACI5AB2;5=85 3>AC40@AB25==>3> :>=B@>;O 70 A>740=85<, @0728B85< 8 70I8B>9 A8AB5< 8 A@54AB2 A1>@0, >1@01>B:8, E@0=5=8O 8 ?5@540G8 AB0B8AB8G5A:>9, D8=0=A>2>9, 18@652>9, =0;>3>2>9, B0<>65==>9 8=D>@<0F88; ( :>@5==0O ?5@5AB@>9:0 A8AB5<K 3>AC40@AB25==>9 AB0B8AB8G5A:>9 >BG5B=>AB8 2 F5;OE >15A?5G5=8O 4>AB>25@=>AB8, ?>;=>BK 8 70I8I5==>AB8 8=D>@<0F88, >ACI5AB2;O5<0O ?CB5< 22545=8O AB@>3>9 N@848G5A:>9 >B25BAB25==>AB8 4>;6=>AB=KE ;8F 70 ?>43>B>2:C ?5@28G=>9 8=D>@<0F88, >@30=870F8N :>=B@>;O 70 45OB5;L=>ABLN MB8E ;8F 8 A;C61 >1@01>B:8 8 0=0;870 AB0B8AB8G5A:>9 8=D>@<0F88, 0 B0:65 ?CB5< >3@0=8G5=8O :><<5@F80;870F88 B0:>9 8=D>@<0F88; ( @07@01>B:0 =0F8>=0;L=KE A5@B8D8F8@>20==KE A@54AB2 70I8BK 8=D>@<0F88 8 2=54@5=85 8E 2 A8AB5<K 8 A@54AB20 A1>@0, >1@01>B:8, E@0=5=8O 8 ?5@540G8 AB0B8AB8G5A:>9, D8=0=A>2>9, 18@652>9, =0;>3>2>9, B0<>65==>9 8=D>@<0F88; ( @07@01>B:0 8 2=54@5=85 =0F8>=0;L=KE 70I8I5==KE A8AB5< M;5:B@>==KE ?;0B5659 =0 1075 8=B5;;5:BC0;L=KE :0@B, A8AB5< M;5:B@>==KE 45=53 8 M;5:B@>==>9 B>@3>2;8, AB0=40@B870F8O MB8E A8AB5<, 0 B0:65 @07@01>B:0 =>@<0B82=>9 ?@02>2>9 107K, @53;0<5=B8@CNI59 8E 8A?>;L7>20=85; ( A>25@H5=AB2>20=85 =>@<0B82=>9 ?@02>2>9 107K, @53C;8@CNI59 8=D>@<0F8>==K5 >B=>H5=8O 2 AD5@5 M:>=><8:8; ( A>25@H5=AB2>20=85 <5B>4>2 >B1>@0 8 ?>43>B>2:8 ?5@A>=0;0 4;O @01>BK 2 A8AB5<0E A1>@0, >1@01>B:8, E@0=5=8O 8 ?5@540G8 M:>=><8G5A:>9 8=D>@<0F88.  AD5@5 2=CB@5==59 ?>;8B8:8. 081>;55 206=K<8 >1J5:B0<8 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 2 AD5@5 2=CB@5==59 ?>;8B8:8 O2;ONBAO: ( :>=AB8BCF8>==K5 ?@020 8 A2>1>4K G5;>25:0 8 3@0640=8=0; ( :>=AB8BCF8>==K9 AB@>9, =0F8>=0;L=>5 A>3;0A85, AB018;L=>ABL 3>AC40@AB25==>9 2;0AB8, AC25@5=8B5B 8 B5@@8B>@80;L=0O F5;>AB=>ABL >AA89A:>9 $545@0F88; ( >B:@KBK5 8=D>@<0F8>==K5 @5AC@AK D545@0;L=KE >@30=>2 8A?>;=8B5;L=>9 2;0AB8 8 A@54AB2 <0AA>2>9 8=D>@<0F88. 081>;LHCN >?0A=>ABL 2 AD5@5 2=CB@5==59 ?>;8B8:8 ?@54AB02;ONB A;54CNI85 C3@>7K 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88: ( =0@CH5=85 :>=AB8BCF8>==KE ?@02 8 A2>1>4 3@0640=, @50;87C5<KE 2 8=D>@<0F8>==>9 AD5@5; ( =54>AB0B>G=>5 ?@02>2>5 @53C;8@>20=85 >B=>H5=89 2 >1;0AB8 ?@02 @07;8G=KE ?>;8B8G5A:8E A8; =0 8A?>;L7>20=85 A@54AB2 <0AA>2>9 8=D>@<0F88 4;O ?@>?030=4K A2>8E 8459; ( @0A?@>AB@0=5=85 4578=D>@<0F88 > ?>;8B8:5 >AA89A:>9 $545@0F88, 45OB5;L=>AB8 D545@0;L=KE >@30=>2 3>AC40@AB25==>9 2;0AB8, A>1KB8OE, ?@>8AE>4OI8E 2 AB@0=5 8 70 @C156><; ( 45OB5;L=>ABL >1I5AB25==KE >1J548=5=89, =0?@02;5==0O =0 =0A8;LAB25==>5 87<5=5=85 >A=>2 :>=AB8BCF8>==>3> AB@>O 8 =0@CH5=85 F5;>AB=>AB8 >AA89A:>9 $545@0F88, @076830=85 A>F80;L=>9, @0A>2>9, =0F8>=0;L=>9 8 @5;838>7=>9 2@064K, =0 @0A?@>AB@0=5=85 MB8E 8459 2 A@54AB20E <0AA>2>9 8=D>@<0F88. A=>2=K<8 <5@>?@8OB8O<8 2 >1;0AB8 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 2 AD5@5 2=CB@5==59 ?>;8B8:8 O2;ONBAO: ( A>740=85 A8AB5<K ?@>B82>459AB28O <>=>?>;870F88 >B5G5AB25==K<8 8 70@C156=K<8 AB@C:BC@0<8 A>AB02;ONI8E 8=D>@<0F8>==>9 8=D@0AB@C:BC@K, 2:;NG0O @K=>: 8=D>@<0F8>==KE CA;C3 8 A@54AB20 <0AA>2>9 8=D>@<0F88; ( 0:B82870F8O :>=B@?@>?030=48ABA:>9 45OB5;L=>AB8, =0?@02;5==>9 =0 ?@54>B2@0I5=85 =530B82=KE ?>A;54AB289 @0A?@>AB@0=5=8O 4578=D>@<0F88 > 2=CB@5==59 ?>;8B8:5 >AA88.  AD5@5 2=5H=59 ?>;8B8:8.  =081>;55 206=K< >1J5:B0< >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 2 AD5@5 2=5H=59 ?>;8B8:8 >B=>AOBAO: ( 8=D>@<0F8>==K5 @5AC@AK D545@0;L=KE >@30=>2 8A?>;=8B5;L=>9 2;0AB8, @50;87CNI8E 2=5H=NN ?>;8B8:C >AA89A:>9 $545@0F88, @>AA89A:8E ?@54AB028B5;LAB2 8 >@30=870F89 70 @C156><, ?@54AB028B5;LAB2 >AA89A:>9 $545@0F88 ?@8 <564C=0@>4=KE >@30=870F8OE; ( 8=D>@<0F8>==K5 @5AC@AK ?@54AB028B5;LAB2 D545@0;L=KE >@30=>2 8A?>;=8B5;L=>9 2;0AB8, @50;87CNI8E 2=5H=NN ?>;8B8:C >AA89A:>9 $545@0F88, =0 B5@@8B>@8OE AC1J5:B>2 >AA89A:>9 $545@0F88; ( 8=D>@<0F8>==K5 @5AC@AK @>AA89A:8E ?@54?@8OB89, CG@5645=89 8 >@30=870F89, ?>4254><AB25==KE D545@0;L=K< >@30=0< 8A?>;=8B5;L=>9 2;0AB8, @50;87CNI8< 2=5H=NN ?>;8B8:C >AA89A:>9 $545@0F88; ( 1;>:8@>20=85 45OB5;L=>AB8 @>AA89A:8E A@54AB2 <0AA>2>9 8=D>@<0F88 ?> @07JOA=5=8N 70@C156=>9 0C48B>@88 F5;59 8 >A=>2=KE =0?@02;5=89 3>AC40@AB25==>9 ?>;8B8:8 >AA89A:>9 $545@0F88, 55 <=5=8O ?> A>F80;L=> 7=0G8<K< A>1KB8O< @>AA89A:>9 8 <564C=0@>4=>9 687=8. 7 2=5H=8E C3@>7 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 2 AD5@5 2=5H=59 ?>;8B8:8 =081>;LHCN >?0A=>ABL ?@54AB02;ONB: ( 8=D>@<0F8>==>5 2>7459AB285 8=>AB@0==KE ?>;8B8G5A:8E, M:>=><8G5A:8E, 2>5==KE 8 8=D>@<0F8>==KE AB@C:BC@ =0 @07@01>B:C 8 @50;870F8N AB@0B5388 2=5H=59 ?>;8B8:8 >AA89A:>9 $545@0F88; ( @0A?@>AB@0=5=85 70 @C156>< 4578=D>@<0F88 > 2=5H=59 ?>;8B8:5 >AA89A:>9 $545@0F88; ( =0@CH5=85 ?@02 @>AA89A:8E 3@0640= 8 N@848G5A:8E ;8F 2 8=D>@<0F8>==>9 AD5@5 70 @C156><; ( ?>?KB:8 =5A0=:F8>=8@>20==>3> 4>ABC?0 : 8=D>@<0F88 8 2>7459AB28O =0 8=D>@<0F8>==K5 @5AC@AK, 8=D>@<0F8>==CN 8=D@0AB@C:BC@C D545@0;L=KE >@30=>2 8A?>;=8B5;L=>9 2;0AB8, @50;87CNI8E 2=5H=NN ?>;8B8:C >AA89A:>9 $545@0F88, @>AA89A:8E ?@54AB028B5;LAB2 8 >@30=870F89 70 @C156><, ?@54AB028B5;LAB2 >AA89A:>9 $545@0F88 ?@8 <564C=0@>4=KE >@30=870F8OE. 7 2=CB@5==8E C3@>7 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 2 AD5@5 2=5H=59 ?>;8B8:8 =081>;LHCN >?0A=>ABL ?@54AB02;ONB: ( =0@CH5=85 CAB0=>2;5==>3> ?>@O4:0 A1>@0, >1@01>B:8, E@0=5=8O 8 ?5@540G8 8=D>@<0F88 2 D545@0;L=KE >@30=0E 8A?>;=8B5;L=>9 2;0AB8, @50;87CNI8E 2=5H=NN ?>;8B8:C >AA89A:>9 $545@0F88, 8 =0 ?>4254><AB25==KE 8< ?@54?@8OB8OE, 2 CG@5645=8OE 8 >@30=870F8OE; ( 8=D>@<0F8>==>-?@>?030=48ABA:0O 45OB5;L=>ABL ?>;8B8G5A:8E A8;, >1I5AB25==KE >1J548=5=89, A@54AB2 <0AA>2>9 8=D>@<0F88 8 >B45;L=KE ;8F, 8A:060NI0O AB@0B538N 8 B0:B8:C 2=5H=5?>;8B8G5A:>9 45OB5;L=>AB8 >AA89A:>9 $545@0F88; ( =54>AB0B>G=0O 8=D>@<8@>20==>ABL =0A5;5=8O > 2=5H=5?>;8B8G5A:>9 45OB5;L=>AB8 >AA89A:>9 $545@0F88. A=>2=K<8 <5@>?@8OB8O<8 ?> >15A?5G5=8N 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 2 AD5@5 2=5H=59 ?>;8B8:8 O2;ONBAO: ( @07@01>B:0 >A=>2=KE =0?@02;5=89 3>AC40@AB25==>9 ?>;8B8:8 2 >1;0AB8 A>25@H5=AB2>20=8O 8=D>@<0F8>==>3> >15A?5G5=8O 2=5H=5?>;8B8G5A:>3> :C@A0 >AA89A:>9 $545@0F88; ( @07@01>B:0 8 @50;870F8O :><?;5:A0 <5@ ?> CA8;5=8N 8=D>@<0F8>==>9 157>?0A=>AB8 8=D>@<0F8>==>9 8=D@0AB@C:BC@K D545@0;L=KE >@30=>2 8A?>;=8B5;L=>9 2;0AB8, @50;87CNI8E 2=5H=NN ?>;8B8:C >AA89A:>9 $545@0F88, @>AA89A:8E ?@54AB028B5;LAB2 8 >@30=870F89 70 @C156><, ?@54AB028B5;LAB2 >AA89A:>9 $545@0F88 ?@8 <564C=0@>4=KE >@30=870F8OE; ( A>740=85 @>AA89A:8< ?@54AB028B5;LAB20< 8 >@30=870F8O< 70 @C156>< CA;>289 4;O @01>BK ?> =59B@0;870F88 @0A?@>AB@0=O5<>9 B0< 4578=D>@<0F88 > 2=5H=59 ?>;8B8:5 >AA89A:>9 $545@0F88; ( A>25@H5=AB2>20=85 8=D>@<0F8>==>3> >15A?5G5=8O @01>BK ?> ?@>B82>459AB28N =0@CH5=8O< ?@02 8 A2>1>4 @>AA89A:8E 3@0640= 8 N@848G5A:8E ;8F 70 @C156><; ( A>25@H5=AB2>20=85 8=D>@<0F8>==>3> >15A?5G5=8O AC1J5:B>2 >AA89A:>9 $545@0F88 ?> 2>?@>A0< 2=5H=5?>;8B8G5A:>9 45OB5;L=>AB8, :>B>@K5 2E>4OB 2 8E :><?5B5=F8N.  >1;0AB8 =0C:8 8 B5E=8:8. 081>;55 206=K<8 >1J5:B0<8 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 2 >1;0AB8 =0C:8 8 B5E=8:8 O2;ONBAO: ( @57C;LB0BK DC=40<5=B0;L=KE, ?>8A:>2KE 8 ?@8:;04=KE =0CG=KE 8AA;54>20=89, ?>B5=F80;L=> 206=K5 4;O =0CG=>-B5E=8G5A:>3>, B5E=>;>38G5A:>3> 8 A>F80;L=>-M:>=><8G5A:>3> @0728B8O AB@0=K, 2:;NG0O A2545=8O, CB@0B0 :>B>@KE <>65B =0=5AB8 CI5@1 =0F8>=0;L=K< 8=B5@5A0< 8 ?@5AB86C >AA89A:>9 $545@0F88; ( >B:@KB8O, =570?0B5=B>20==K5 B5E=>;>388, ?@><KH;5==K5 >1@07FK, ?>;57=K5 <>45;8 8 M:A?5@8<5=B0;L=>5 >1>@C4>20=85; ( =0CG=>-B5E=8G5A:85 :04@K 8 A8AB5<0 8E ?>43>B>2:8; ( A8AB5<K C?@02;5=8O A;>6=K<8 8AA;54>20B5;LA:8<8 :><?;5:A0<8 (O45@=K<8 @50:B>@0<8, CA:>@8B5;O<8 M;5<5=B0@=KE G0AB8F, ?;07<5==K<8 35=5@0B>@0<8 8 4@C38<8).  G8A;C >A=>2=KE 2=5H=8E C3@>7 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 2 >1;0AB8 =0C:8 8 B5E=8:8 A;54C5B >B=5AB8: ( AB@5<;5=85 @0728BKE 8=>AB@0==KE 3>AC40@AB2 ?>;CG8BL ?@>B82>?@02=K9 4>ABC? : =0CG=>-B5E=8G5A:8< @5AC@A0< >AA88 4;O 8A?>;L7>20=8O ?>;CG5==KE @>AA89A:8<8 CG5=K<8 @57C;LB0B>2 2 A>1AB25==KE 8=B5@5A0E; ( A>740=85 ;L3>B=KE CA;>289 =0 @>AA89A:>< @K=:5 4;O 8=>AB@0==>9 =0CG=>-B5E=8G5A:>9 ?@>4C:F88 8 AB@5<;5=85 @0728BKE AB@0= 2 B> 65 2@5<O >3@0=8G8BL @0728B85 =0CG=>-B5E=8G5A:>3> ?>B5=F80;0 >AA88 (A:C?:0 0:F89 ?5@54>2KE ?@54?@8OB89 A 8E ?>A;54CNI8< ?5@5?@>D8;8@>20=85<, A>E@0=5=85 M:A?>@B=>-8<?>@B=KE >3@0=8G5=89 8 B><C ?>4>1=>5); ( ?>;8B8:C 70?04=KE AB@0=, =0?@02;5==CN =0 40;L=59H55 @07@CH5=85 C=0A;54>20==>3> >B !!!  548=>3> =0CG=>-B5E=8G5A:>3> ?@>AB@0=AB20 3>AC40@AB2 - CG0AB=8:>2 !>4@C65AB20 57028A8<KE >AC40@AB2 70 AG5B ?5@5>@85=B0F88 =0 70?04=K5 AB@0=K 8E =0CG=>-B5E=8G5A:8E A2O759, 0 B0:65 >B45;L=KE, =081>;55 ?5@A?5:B82=KE =0CG=KE :>;;5:B82>2; ( 0:B82870F8N 45OB5;L=>AB8 8=>AB@0==KE 3>AC40@AB25==KE 8 :><<5@G5A:8E ?@54?@8OB89, CG@5645=89 8 >@30=870F89 2 >1;0AB8 ?@><KH;5==>3> H?8>=060 A ?@82;5G5=85< : =59 @07254K20B5;L=KE 8 A?5F80;L=KE A;C61.  G8A;C >A=>2=KE 2=CB@5==8E C3@>7 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 2 >1;0AB8 =0C:8 8 B5E=8:8 A;54C5B >B=5AB8: ( A>E@0=ONICNAO A;>6=CN M:>=><8G5A:CN A8BC0F8N 2 >AA88, 254CICN : @57:><C A=865=8N D8=0=A8@>20=8O =0CG=>-B5E=8G5A:>9 45OB5;L=>AB8, 2@5<5==><C ?045=8N ?@5AB860 =0CG=>-B5E=8G5A:>9 AD5@K, CB5G:5 70 @C156 8459 8 ?5@54>2KE @07@01>B>:; ( =5A?>A>1=>ABL ?@54?@8OB89 =0F8>=0;L=KE >B@0A;59 M;5:B@>==>9 ?@><KH;5==>AB8 ?@>872>48BL =0 1075 =>259H8E 4>AB865=89 <8:@>M;5:B@>=8:8, ?5@54>2KE 8=D>@<0F8>==KE B5E=>;>389 :>=:C@5=B>A?>A>1=CN =0C:>5<:CN ?@>4C:F8N, ?>72>;ONICN >15A?5G8BL 4>AB0B>G=K9 C@>25=L B5E=>;>38G5A:>9 =57028A8<>AB8 >AA88 >B 70@C156=KE AB@0=, GB> ?@82>48B : 2K=C645==><C H8@>:><C 8A?>;L7>20=8N 8<?>@B=KE ?@>3@0<<=>-0??0@0B=KE A@54AB2 ?@8 A>740=88 8 @0728B88 2 >AA88 8=D>@<0F8>==>9 8=D@0AB@C:BC@K; ( A5@L57=K5 ?@>1;5<K 2 >1;0AB8 ?0B5=B=>9 70I8BK @57C;LB0B>2 =0CG=>-B5E=8G5A:>9 45OB5;L=>AB8 @>AA89A:8E CG5=KE; ( A;>6=>AB8 @50;870F88 <5@>?@8OB89 ?> 70I8B5 8=D>@<0F88, >A>15==> =0 0:F8>=8@>20==KE ?@54?@8OB8OE, 2 =0CG=>-B5E=8G5A:8E CG@5645=8OE 8 >@30=870F8OE. 50;L=K9 ?CBL ?@>B82>459AB28O C3@>70< 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 2 >1;0AB8 =0C:8 8 B5E=8:8 - MB> A>25@H5=AB2>20=85 70:>=>40B5;LAB20 >AA89A:>9 $545@0F88, @53C;8@CNI53> >B=>H5=8O 2 40==>9 >1;0AB8, 8 <5E0=87<>2 53> @50;870F88.  MB8E F5;OE 3>AC40@AB2> 4>;6=> A?>A>1AB2>20BL A>740=8N A8AB5<K >F5=:8 2>7<>6=>3> CI5@10 >B @50;870F88 C3@>7 =081>;55 206=K< >1J5:B0< >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 2 >1;0AB8 =0C:8 8 B5E=8:8, 2:;NG0O >1I5AB25==K5 =0CG=K5 A>25BK 8 >@30=870F88 =57028A8<>9 M:A?5@B87K, 2K@010BK20NI85 @5:><5=40F88 4;O D545@0;L=KE >@30=>2 3>AC40@AB25==>9 2;0AB8 8 >@30=>2 3>AC40@AB25==>9 2;0AB8 AC1J5:B>2 >AA89A:>9 $545@0F88 ?> ?@54>B2@0I5=8N ?@>B82>?@02=>3> 8;8 =5MDD5:B82=>3> 8A?>;L7>20=8O 8=B5;;5:BC0;L=>3> ?>B5=F80;0 >AA88.  AD5@5 4CE>2=>9 687=8. 15A?5G5=85 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 2 AD5@5 4CE>2=>9 687=8 8<55B F5;LN 70I8BC :>=AB8BCF8>==KE ?@02 8 A2>1>4 G5;>25:0 8 3@0640=8=0, A2O70==KE A @0728B85<, D>@<8@>20=85< 8 ?>2545=85< ;8G=>AB8, A2>1>4>9 <0AA>2>3> 8=D>@<8@>20=8O, 8A?>;L7>20=8O :C;LBC@=>3>, 4CE>2=>-=@02AB25==>3> =0A;548O, 8AB>@8G5A:8E B@048F89 8 =>@< >1I5AB25==>9 687=8, A A>E@0=5=85< :C;LBC@=>3> 4>AB>O=8O 2A5E =0@>4>2 >AA88, @50;870F859 :>=AB8BCF8>==KE >3@0=8G5=89 ?@02 8 A2>1>4 G5;>25:0 8 3@0640=8=0 2 8=B5@5A0E A>E@0=5=8O 8 C:@5?;5=8O =@02AB25==KE F5==>AB59 >1I5AB20, B@048F89 ?0B@8>B87<0 8 3C<0=87<0, 74>@>2LO 3@0640=, :C;LBC@=>3> 8 =0CG=>3> ?>B5=F80;0 >AA89A:>9 $545@0F88, >15A?5G5=8O >1>@>=>A?>A>1=>AB8 8 157>?0A=>AB8 3>AC40@AB20.  G8A;C >A=>2=KE >1J5:B>2 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 2 AD5@5 4CE>2=>9 687=8 >B=>AOBAO: ( 4>AB>8=AB2> ;8G=>AB8, A2>1>40 A>25AB8, 2:;NG0O ?@02> A2>1>4=> 2K18@0BL, 8<5BL 8 @0A?@>AB@0=OBL @5;838>7=K5 8 8=K5 C15645=8O 8 459AB2>20BL 2 A>>B25BAB288 A =8<8, A2>1>40 <KA;8 8 A;>20 (70 8A:;NG5=85< ?@>?030=4K 8;8 038B0F88, 2>71C640NI8E A>F80;L=CN, @0A>2CN, =0F8>=0;L=CN 8;8 @5;838>7=CN =5=028ABL 8 2@064C), 0 B0:65 A2>1>40 ;8B5@0BC@=>3>, EC4>65AB25==>3>, =0CG=>3>, B5E=8G5A:>3> 8 4@C38E 284>2 B2>@G5AB20, ?@5?>4020=8O; ( A2>1>40 <0AA>2>9 8=D>@<0F88; ( =5?@8:>A=>25==>ABL G0AB=>9 687=8, ;8G=0O 8 A5<59=0O B09=0; ( @CAA:89 O7K: :0: D0:B>@ 4CE>2=>3> 548=5=8O =0@>4>2 <=>3>=0F8>=0;L=>9 >AA88, O7K: <563>AC40@AB25==>3> >1I5=8O =0@>4>2 3>AC40@AB2-CG0AB=8:>2 !>4@C65AB20 57028A8<KE >AC40@AB2; ( O7K:8, =@02AB25==K5 F5==>AB8 8 :C;LBC@=>5 =0A;5485 =0@>4>2 8 =0@>4=>AB59 >AA89A:>9 $545@0F88; ( >1J5:BK 8=B5;;5:BC0;L=>9 A>1AB25==>AB8. 081>;LHCN >?0A=>ABL 2 AD5@5 4CE>2=>9 687=8 ?@54AB02;ONB A;54CNI85 C3@>7K 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88: ( 45D>@<0F8O A8AB5<K <0AA>2>3> 8=D>@<8@>20=8O :0: 70 AG5B <>=>?>;870F88 A@54AB2 <0AA>2>9 8=D>@<0F88, B0: 8 70 AG5B =5:>=B@>;8@C5<>3> @0AH8@5=8O A5:B>@0 70@C156=KE A@54AB2 <0AA>2>9 8=D>@<0F88 2 >B5G5AB25==>< 8=D>@<0F8>==>< ?@>AB@0=AB25; ( CEC4H5=85 A>AB>O=8O 8 ?>AB5?5==K9 C?04>: >1J5:B>2 @>AA89A:>3> :C;LBC@=>3> =0A;548O, 2:;NG0O 0@E82K, <C759=K5 D>=4K, 181;8>B5:8, ?0<OB=8:8 0@E8B5:BC@K, 2284C =54>AB0B>G=>3> D8=0=A8@>20=8O A>>B25BAB2CNI8E ?@>3@0<< 8 <5@>?@8OB89; ( 2>7<>6=>ABL =0@CH5=8O >1I5AB25==>9 AB018;L=>AB8, =0=5A5=85 2@540 74>@>2LN 8 687=8 3@0640= 2A;54AB285 45OB5;L=>AB8 @5;838>7=KE >1J548=5=89, ?@>?>254CNI8E @5;838>7=K9 DC=40<5=B0;87<, 0 B0:65 B>B0;8B0@=KE @5;838>7=KE A5:B; ( 8A?>;L7>20=85 70@C156=K<8 A?5F80;L=K<8 A;C610<8 A@54AB2 <0AA>2>9 8=D>@<0F88, 459AB2CNI8E =0 B5@@8B>@88 >AA89A:>9 $545@0F88, 4;O =0=5A5=8O CI5@10 >1>@>=>A?>A>1=>AB8 AB@0=K 8 157>?0A=>AB8 3>AC40@AB20, @0A?@>AB@0=5=8O 4578=D>@<0F88; ( =5A?>A>1=>ABL A>2@5<5==>3> 3@0640=A:>3> >1I5AB20 >AA88 >15A?5G8BL D>@<8@>20=85 C ?>4@0AB0NI53> ?>:>;5=8O 8 ?>445@60=85 2 >1I5AB25 >1I5AB25==> =5>1E>48<KE =@02AB25==KE F5==>AB59, ?0B@8>B87<0 8 3@0640=A:>9 >B25BAB25==>AB8 70 AC4L1C AB@0=K. A=>2=K<8 =0?@02;5=8O<8 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 2 AD5@5 4CE>2=>9 687=8 O2;ONBAO: ( @0728B85 2 >AA88 >A=>2 3@0640=A:>3> >1I5AB20; ( A>740=85 A>F80;L=>-M:>=><8G5A:8E CA;>289 4;O >ACI5AB2;5=8O B2>@G5A:>9 45OB5;L=>AB8 8 DC=:F8>=8@>20=8O CG@5645=89 :C;LBC@K; ( 2K@01>B:0 F828;87>20==KE D>@< 8 A?>A>1>2 >1I5AB25==>3> :>=B@>;O 70 D>@<8@>20=85< 2 >1I5AB25 4CE>2=KE F5==>AB59, >B25G0NI8E =0F8>=0;L=K< 8=B5@5A0< AB@0=K, 2>A?8B0=85< ?0B@8>B87<0 8 3@0640=A:>9 >B25BAB25==>AB8 70 55 AC4L1C; ( A>25@H5=AB2>20=85 70:>=>40B5;LAB20 >AA89A:>9 $545@0F88, @53C;8@CNI53> >B=>H5=8O 2 >1;0AB8 :>=AB8BCF8>==KE >3@0=8G5=89 ?@02 8 A2>1>4 G5;>25:0 8 3@0640=8=0; ( 3>AC40@AB25==0O ?>445@6:0 <5@>?@8OB89 ?> A>E@0=5=8N 8 2>7@>645=8N :C;LBC@=>3> =0A;548O =0@>4>2 8 =0@>4=>AB59 >AA89A:>9 $545@0F88; ( D>@<8@>20=85 ?@02>2KE 8 >@30=870F8>==KE <5E0=87<>2 >15A?5G5=8O :>=AB8BCF8>==KE ?@02 8 A2>1>4 3@0640=, ?>2KH5=8O 8E ?@02>2>9 :C;LBC@K 2 8=B5@5A0E ?@>B82>459AB28O A>7=0B5;L=><C 8;8 =5?@54=0<5@5==><C =0@CH5=8N MB8E :>=AB8BCF8>==KE ?@02 8 A2>1>4 2 AD5@5 4CE>2=>9 687=8; ( @07@01>B:0 459AB25==KE >@30=870F8>==>-?@02>2KE <5E0=87<>2 4>ABC?0 A@54AB2 <0AA>2>9 8=D>@<0F88 8 3@0640= : >B:@KB>9 8=D>@<0F88 > 45OB5;L=>AB8 D545@0;L=KE >@30=>2 3>AC40@AB25==>9 2;0AB8 8 >1I5AB25==KE >1J548=5=89, >15A?5G5=85 4>AB>25@=>AB8 A2545=89 > A>F80;L=> 7=0G8<KE A>1KB8OE >1I5AB25==>9 687=8, @0A?@>AB@0=O5<KE G5@57 A@54AB20 <0AA>2>9 8=D>@<0F88; ( @07@01>B:0 A?5F80;L=KE ?@02>2KE 8 >@30=870F8>==KE <5E0=87<>2 =54>?CI5=8O ?@>B82>?@02=KE 8=D>@<0F8>==>-?A8E>;>38G5A:8E 2>7459AB289 =0 <0AA>2>5 A>7=0=85 >1I5AB20, =5:>=B@>;8@C5<>9 :><<5@F80;870F88 :C;LBC@K 8 =0C:8, 0 B0:65 >15A?5G820NI8E A>E@0=5=85 :C;LBC@=KE 8 8AB>@8G5A:8E F5==>AB59 =0@>4>2 8 =0@>4=>AB59 >AA89A:>9 $545@0F88, @0F8>=0;L=>5 8A?>;L7>20=85 =0:>?;5==KE >1I5AB2>< 8=D>@<0F8>==KE @5AC@A>2, A>AB02;ONI8E =0F8>=0;L=>5 4>AB>O=85; ( 22545=85 70?@5B0 =0 8A?>;L7>20=85 MD8@=>3> 2@5<5=8 2 M;5:B@>==KE A@54AB20E <0AA>2>9 8=D>@<0F88 4;O ?@>:0B0 ?@>3@0<<, ?@>?030=48@CNI8E =0A8;85 8 65AB>:>ABL, 0=B8>1I5AB25==>5 ?>2545=85; ( ?@>B82>459AB285 =530B82=><C 2;8O=8N 8=>AB@0==KE @5;838>7=KE >@30=870F89 8 <8AA8>=5@>2.  >1I53>AC40@AB25==KE 8=D>@<0F8>==KE 8 B5;5:><<C=8:0F8>==KE A8AB5<0E. A=>2=K<8 >1J5:B0<8 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 2 >1I53>AC40@AB25==KE 8=D>@<0F8>==KE 8 B5;5:><<C=8:0F8>==KE A8AB5<0E O2;ONBAO: ( 8=D>@<0F8>==K5 @5AC@AK, A>45@60I85 A2545=8O, >B=5A5==K5 : 3>AC40@AB25==>9 B09=5, 8 :>=D845=F80;L=CN 8=D>@<0F8N; ( A@54AB20 8 A8AB5<K 8=D>@<0B870F88 (A@54AB20 2KG8A;8B5;L=>9 B5E=8:8, 8=D>@<0F8>==>-2KG8A;8B5;L=K5 :><?;5:AK, A5B8 8 A8AB5<K), ?@>3@0<<=K5 A@54AB20 (>?5@0F8>==K5 A8AB5<K, A8AB5<K C?@02;5=8O 1070<8 40==KE, 4@C3>5 >1I5A8AB5<=>5 8 ?@8:;04=>5 ?@>3@0<<=>5 >15A?5G5=85), 02B><0B878@>20==K5 A8AB5<K C?@02;5=8O, A8AB5<K A2O78 8 ?5@540G8 40==KE, >ACI5AB2;ONI85 ?@85<, >1@01>B:C, E@0=5=85 8 ?5@540GC 8=D>@<0F88 >3@0=8G5==>3> 4>ABC?0, 8E 8=D>@<0B82=K5 D878G5A:85 ?>;O; ( B5E=8G5A:85 A@54AB20 8 A8AB5<K, >1@010BK20NI85 >B:@KBCN 8=D>@<0F8N, => @07<5I5==K5 2 ?><5I5=8OE, 2 :>B>@KE >1@010BK205BAO 8=D>@<0F8O >3@0=8G5==>3> 4>ABC?0, 0 B0:65 A0<8 ?><5I5=8O, ?@54=07=0G5==K5 4;O >1@01>B:8 B0:>9 8=D>@<0F88; ( ?><5I5=8O, ?@54=07=0G5==K5 4;O 2545=8O 70:@KBKE ?5@53>2>@>2, 0 B0:65 ?5@53>2>@>2, 2 E>45 :>B>@KE >3;0H0NBAO A2545=8O >3@0=8G5==>3> 4>ABC?0. A=>2=K<8 C3@>70<8 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 2 >1I53>AC40@AB25==KE 8=D>@<0F8>==KE 8 B5;5:><<C=8:0F8>==KE A8AB5<0E O2;ONBAO: ( 45OB5;L=>ABL A?5F80;L=KE A;C61 8=>AB@0==KE 3>AC40@AB2, ?@5ABC?=KE A>>1I5AB2, >@30=870F89 8 3@C??, ?@>B82>70:>==0O 45OB5;L=>ABL >B45;L=KE ;8F, =0?@02;5==0O =0 ?>;CG5=85 =5A0=:F8>=8@>20==>3> 4>ABC?0 : 8=D>@<0F88 8 >ACI5AB2;5=85 :>=B@>;O 70 DC=:F8>=8@>20=85< 8=D>@<0F8>==KE 8 B5;5:><<C=8:0F8>==KE A8AB5<; ( 2K=C645==>5 2 A8;C >1J5:B82=>3> >BAB020=8O >B5G5AB25==>9 ?@><KH;5==>AB8 8A?>;L7>20=85 ?@8 A>740=88 8 @0728B88 8=D>@<0F8>==KE 8 B5;5:><<C=8:0F8>==KE A8AB5< 8<?>@B=KE ?@>3@0<<=>-0??0@0B=KE A@54AB2; ( =0@CH5=85 CAB0=>2;5==>3> @53;0<5=B0 A1>@0, >1@01>B:8 8 ?5@540G8 8=D>@<0F88, ?@54=0<5@5==K5 459AB28O 8 >H81:8 ?5@A>=0;0 8=D>@<0F8>==KE 8 B5;5:><<C=8:0F8>==KE A8AB5<, >B:07 B5E=8G5A:8E A@54AB2 8 A1>8 ?@>3@0<<=>3> >15A?5G5=8O 2 8=D>@<0F8>==KE 8 B5;5:><<C=8:0F8>==KE A8AB5<0E; ( 8A?>;L7>20=85 =5A5@B8D8F8@>20==KE 2 A>>B25BAB288 A B@51>20=8O<8 157>?0A=>AB8 A@54AB2 8 A8AB5< 8=D>@<0B870F88 8 A2O78, 0 B0:65 A@54AB2 70I8BK 8=D>@<0F88 8 :>=B@>;O 8E MDD5:B82=>AB8; ( ?@82;5G5=85 : @01>B0< ?> A>740=8N, @0728B8N 8 70I8B5 8=D>@<0F8>==KE 8 B5;5:><<C=8:0F8>==KE A8AB5< >@30=870F89 8 D8@<, =5 8<5NI8E 3>AC40@AB25==KE ;8F5=789 =0 >ACI5AB2;5=85 MB8E 284>2 45OB5;L=>AB8. A=>2=K<8 =0?@02;5=8O<8 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 2 >1I53>AC40@AB25==KE 8=D>@<0F8>==KE 8 B5;5:><<C=8:0F8>==KE A8AB5<0E O2;ONBAO: ( ?@54>B2@0I5=85 ?5@5E20B0 8=D>@<0F88 87 ?><5I5=89 8 A >1J5:B>2, 0 B0:65 8=D>@<0F88, ?5@540205<>9 ?> :0=0;0< A2O78 A ?><>ILN B5E=8G5A:8E A@54AB2; ( 8A:;NG5=85 =5A0=:F8>=8@>20==>3> 4>ABC?0 : >1@010BK205<>9 8;8 E@0=OI59AO 2 B5E=8G5A:8E A@54AB20E 8=D>@<0F88; ( ?@54>B2@0I5=85 CB5G:8 8=D>@<0F88 ?> B5E=8G5A:8< :0=0;0<, 2>7=8:0NI59 ?@8 M:A?;C0B0F88 B5E=8G5A:8E A@54AB2 55 >1@01>B:8, E@0=5=8O 8 ?5@540G8; ( ?@54>B2@0I5=85 A?5F80;L=KE ?@>3@0<<=>-B5E=8G5A:8E 2>7459AB289, 2K7K20NI8E @07@CH5=85, C=8GB>65=85, 8A:065=85 8=D>@<0F88 8;8 A1>8 2 @01>B5 A@54AB2 8=D>@<0B870F88; ( >15A?5G5=85 8=D>@<0F8>==>9 157>?0A=>AB8 ?@8 ?>4:;NG5=88 >1I53>AC40@AB25==KE 8=D>@<0F8>==KE 8 B5;5:><<C=8:0F8>==KE A8AB5< : 2=5H=8< 8=D>@<0F8>==K< A5BO<, 2:;NG0O <564C=0@>4=K5; ( >15A?5G5=85 157>?0A=>AB8 :>=D845=F80;L=>9 8=D>@<0F88 ?@8 2708<>459AB288 8=D>@<0F8>==KE 8 B5;5:><<C=8:0F8>==KE A8AB5< @07;8G=KE :;0AA>2 70I8I5==>AB8; ( 2KO2;5=85 2=54@5==KE =0 >1J5:BK 8 2 B5E=8G5A:85 A@54AB20 M;5:B@>==KE CAB@>9AB2 ?5@5E20B0 8=D>@<0F88. A=>2=K<8 >@30=870F8>==>-B5E=8G5A:8<8 <5@>?@8OB8O<8 ?> 70I8B5 8=D>@<0F88 2 >1I53>AC40@AB25==KE 8=D>@<0F8>==KE 8 B5;5:><<C=8:0F8>==KE A8AB5<0E O2;ONBAO: ( ;8F5=78@>20=85 45OB5;L=>AB8 >@30=870F89 2 >1;0AB8 70I8BK 8=D>@<0F88; ( 0BB5AB0F8O >1J5:B>2 8=D>@<0B870F88 ?> 2K?>;=5=8N B@51>20=89 >15A?5G5=8O 70I8BK 8=D>@<0F88 ?@8 ?@>2545=88 @01>B, A2O70==KE A 8A?>;L7>20=85< A2545=89, A>AB02;ONI8E 3>AC40@AB25==CN B09=C; ( A5@B8D8:0F8O A@54AB2 70I8BK 8=D>@<0F88 8 :>=B@>;O MDD5:B82=>AB8 8E 8A?>;L7>20=8O, 0 B0:65 70I8I5==>AB8 8=D>@<0F88 >B CB5G:8 ?> B5E=8G5A:8< :0=0;0< A8AB5< 8 A@54AB2 8=D>@<0B870F88 8 A2O78; ( 22545=85 B5@@8B>@80;L=KE, G0AB>B=KE, M=5@35B8G5A:8E, ?@>AB@0=AB25==KE 8 2@5<5==KE >3@0=8G5=89 2 @568<0E 8A?>;L7>20=8O B5E=8G5A:8E A@54AB2, ?>4;560I8E 70I8B5; ( A>740=85 8 ?@8<5=5=85 8=D>@<0F8>==KE 8 02B><0B878@>20==KE A8AB5< C?@02;5=8O 2 70I8I5==>< 8A?>;=5=88.  AD5@5 >1>@>=K.  >1J5:B0< >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 2 AD5@5 >1>@>=K >B=>AOBAO: ( 8=D>@<0F8>==0O 8=D@0AB@C:BC@0 F5=B@0;L=KE >@30=>2 2>5==>3> C?@02;5=8O 8 >@30=>2 2>5==>3> C?@02;5=8O 284>2 >>@C65==KE !8; >AA89A:>9 $545@0F88 8 @>4>2 2>9A:, >1J548=5=89, A>548=5=89, 2>8=A:8E G0AB59 8 >@30=870F89, 2E>4OI8E 2 >>@C65==K5 !8;K >AA89A:>9 $545@0F88, =0CG=>-8AA;54>20B5;LA:8E CG@5645=89 8=8AB5@AB20 >1>@>=K >AA89A:>9 $545@0F88; ( 8=D>@<0F8>==K5 @5AC@AK ?@54?@8OB89 >1>@>==>3> :><?;5:A0 8 =0CG=>-8AA;54>20B5;LA:8E CG@5645=89, 2K?>;=ONI8E 3>AC40@AB25==K5 >1>@>==K5 70:07K ;81> 70=8<0NI8EAO >1>@>==>9 ?@>1;5<0B8:>9; ( ?@>3@0<<=>-B5E=8G5A:85 A@54AB20 02B><0B878@>20==KE 8 02B><0B8G5A:8E A8AB5< C?@02;5=8O 2>9A:0<8 8 >@C685<, 2>>@C65=8O 8 2>5==>9 B5E=8:8, >A=0I5==KE A@54AB20<8 8=D>@<0B870F88; ( 8=D>@<0F8>==K5 @5AC@AK, A8AB5<K A2O78 8 8=D>@<0F8>==0O 8=D@0AB@C:BC@0 4@C38E 2>9A:, 2>8=A:8E D>@<8@>20=89 8 >@30=>2. =5H=8<8 C3@>70<8, ?@54AB02;ONI8<8 =081>;LHCN >?0A=>ABL 4;O >1J5:B>2 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 2 AD5@5 >1>@>=K, O2;ONBAO: ( 2A5 284K @07254K20B5;L=>9 45OB5;L=>AB8 70@C156=KE 3>AC40@AB2; ( 8=D>@<0F8>==>-B5E=8G5A:85 2>7459AB28O (2 B>< G8A;5 @048>M;5:B@>==0O 1>@L10, ?@>=8:=>25=85 2 :><?LNB5@=K5 A5B8) A> AB>@>=K 25@>OB=KE ?@>B82=8:>2; ( 4825@A8>==>-?>4@K2=0O 45OB5;L=>ABL A?5F80;L=KE A;C61 8=>AB@0==KE 3>AC40@AB2, >ACI5AB2;O5<0O <5B>40<8 8=D>@<0F8>==>-?A8E>;>38G5A:>3> 2>7459AB28O; ( 45OB5;L=>ABL 8=>AB@0==KE ?>;8B8G5A:8E, M:>=><8G5A:8E 8 2>5==KE AB@C:BC@, =0?@02;5==0O ?@>B82 8=B5@5A>2 >AA89A:>9 $545@0F88 2 AD5@5 >1>@>=K. =CB@5==8<8 C3@>70<8, ?@54AB02;ONI8<8 =081>;LHCN >?0A=>ABL 4;O C:070==KE >1J5:B>2, O2;ONBAO: ( =0@CH5=85 CAB0=>2;5==>3> @53;0<5=B0 A1>@0, >1@01>B:8, E@0=5=8O 8 ?5@540G8 8=D>@<0F88, =0E>4OI59AO 2 HB010E 8 CG@5645=8OE 8=8AB5@AB20 >1>@>=K >AA89A:>9 $545@0F88, =0 ?@54?@8OB8OE >1>@>==>3> :><?;5:A0; ( ?@54=0<5@5==K5 459AB28O, 0 B0:65 >H81:8 ?5@A>=0;0 8=D>@<0F8>==KE 8 B5;5:><<C=8:0F8>==KE A8AB5< A?5F80;L=>3> =07=0G5=8O; ( =5=0456=>5 DC=:F8>=8@>20=85 8=D>@<0F8>==KE 8 B5;5:><<C=8:0F8>==KE A8AB5< A?5F80;L=>3> =07=0G5=8O; ( 2>7<>6=0O 8=D>@<0F8>==>-?@>?030=48ABA:0O 45OB5;L=>ABL, ?>4@K20NI0O ?@5AB86 >>@C65==KE !8; >AA89A:>9 $545@0F88 8 8E 1>53>B>2=>ABL; ( =5@5H5==>ABL 2>?@>A>2 70I8BK 8=B5;;5:BC0;L=>9 A>1AB25==>AB8 ?@54?@8OB89 >1>@>==>3> :><?;5:A0, ?@82>4OI0O : CB5G:5 70 @C156 F5==59H8E 3>AC40@AB25==KE 8=D>@<0F8>==KE @5AC@A>2; ( =5@5H5==>ABL 2>?@>A>2 A>F80;L=>9 70I8BK 2>5==>A;C60I8E 8 G;5=>2 8E A5<59. 5@5G8A;5==K5 2=CB@5==85 C3@>7K 1C4CB ?@54AB02;OBL >A>1CN >?0A=>ABL 2 CA;>28OE >1>AB@5=8O 2>5==>-?>;8B8G5A:>9 >1AB0=>2:8. ;02=K<8 A?5F8D8G5A:8<8 =0?@02;5=8O<8 A>25@H5=AB2>20=8O A8AB5<K >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 2 AD5@5 >1>@>=K O2;ONBAO: ( A8AB5<0B8G5A:>5 2KO2;5=85 C3@>7 8 8E 8AB>G=8:>2, AB@C:BC@870F8O F5;59 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 2 AD5@5 >1>@>=K 8 >?@545;5=85 A>>B25BAB2CNI8E ?@0:B8G5A:8E 7040G; ( ?@>2545=85 A5@B8D8:0F88 >1I53> 8 A?5F80;L=>3> ?@>3@0<<=>3> >15A?5G5=8O, ?0:5B>2 ?@8:;04=KE ?@>3@0<< 8 A@54AB2 70I8BK 8=D>@<0F88 2 ACI5AB2CNI8E 8 A>740205<KE 02B><0B878@>20==KE A8AB5<0E C?@02;5=8O 2>5==>3> =07=0G5=8O 8 A8AB5<0E A2O78, 8<5NI8E 2 A2>5< A>AB025 M;5<5=BK 2KG8A;8B5;L=>9 B5E=8:8; ( ?>AB>O==>5 A>25@H5=AB2>20=85 A@54AB2 70I8BK 8=D>@<0F88 >B =5A0=:F8>=8@>20==>3> 4>ABC?0, @0728B85 70I8I5==KE A8AB5< A2O78 8 C?@02;5=8O 2>9A:0<8 8 >@C685<, ?>2KH5=85 =0456=>AB8 A?5F80;L=>3> ?@>3@0<<=>3> >15A?5G5=8O; ( A>25@H5=AB2>20=85 AB@C:BC@K DC=:F8>=0;L=KE >@30=>2 A8AB5<K >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 2 AD5@5 >1>@>=K 8 :>>@48=0F8O 8E 2708<>459AB28O; ( A>25@H5=AB2>20=85 ?@85<>2 8 A?>A>1>2 AB@0B538G5A:>9 8 >?5@0B82=>9 <0A:8@>2:8, @07254:8 8 @048>M;5:B@>==>9 1>@L1K, <5B>4>2 8 A@54AB2 0:B82=>3> ?@>B82>459AB28O 8=D>@<0F8>==>-?@>?030=48ABA:8< 8 ?A8E>;>38G5A:8< >?5@0F8O< 25@>OB=>3> ?@>B82=8:0; ( ?>43>B>2:0 A?5F80;8AB>2 2 >1;0AB8 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 2 AD5@5 >1>@>=K.  ?@02>>E@0=8B5;L=>9 8 AC451=>9 AD5@0E.  =081>;55 206=K< >1J5:B0< >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 2 ?@02>>E@0=8B5;L=>9 8 AC451=>9 AD5@0E >B=>AOBAO: ( 8=D>@<0F8>==K5 @5AC@AK D545@0;L=KE >@30=>2 8A?>;=8B5;L=>9 2;0AB8, @50;87CNI8E ?@02>>E@0=8B5;L=K5 DC=:F88, AC451=KE >@30=>2, 8E 8=D>@<0F8>==>-2KG8A;8B5;L=KE F5=B@>2, =0CG=>-8AA;54>20B5;LA:8E CG@5645=89 8 CG51=KE 702545=89, A>45@60I85 A?5F80;L=K5 A2545=8O 8 >?5@0B82=K5 40==K5 A;C651=>3> E0@0:B5@0; ( 8=D>@<0F8>==>-2KG8A;8B5;L=K5 F5=B@K, 8E 8=D>@<0F8>==>5, B5E=8G5A:>5, ?@>3@0<<=>5 8 =>@<0B82=>5 >15A?5G5=85; ( 8=D>@<0F8>==0O 8=D@0AB@C:BC@0 (8=D>@<0F8>==>-2KG8A;8B5;L=K5 A5B8, ?C=:BK C?@02;5=8O, C7;K 8 ;8=88 A2O78). =5H=8<8 C3@>70<8, ?@54AB02;ONI8<8 =081>;LHCN >?0A=>ABL 4;O >1J5:B>2 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 2 ?@02>>E@0=8B5;L=>9 8 AC451=>9 AD5@0E, O2;ONBAO: ( @07254K20B5;L=0O 45OB5;L=>ABL A?5F80;L=KE A;C61 8=>AB@0==KE 3>AC40@AB2, <564C=0@>4=KE ?@5ABC?=KE A>>1I5AB2, >@30=870F89 8 3@C??, A2O70==0O A> A1>@>< A2545=89, @0A:@K20NI8E 7040G8, ?;0=K 45OB5;L=>AB8, B5E=8G5A:>5 >A=0I5=85, <5B>4K @01>BK 8 <5AB0 48A;>:0F88 A?5F80;L=KE ?>4@0745;5=89 8 >@30=>2 2=CB@5==8E 45; >AA89A:>9 $545@0F88; ( 45OB5;L=>ABL 8=>AB@0==KE 3>AC40@AB25==KE 8 G0AB=KE :><<5@G5A:8E AB@C:BC@, AB@5<OI8EAO ?>;CG8BL =5A0=:F8>=8@>20==K9 4>ABC? : 8=D>@<0F8>==K< @5AC@A0< ?@02>>E@0=8B5;L=KE 8 AC451=KE >@30=>2. =CB@5==8<8 C3@>70<8, ?@54AB02;ONI8<8 =081>;LHCN >?0A=>ABL 4;O C:070==KE >1J5:B>2, O2;ONBAO: ( =0@CH5=85 CAB0=>2;5==>3> @53;0<5=B0 A1>@0, >1@01>B:8, E@0=5=8O 8 ?5@540G8 8=D>@<0F88, A>45@60I59AO 2 :0@B>B5:0E 8 02B><0B878@>20==KE 10=:0E 40==KE 8 8A?>;L7CNI59AO 4;O @0AA;54>20=8O ?@5ABC?;5=89; ( =54>AB0B>G=>ABL 70:>=>40B5;L=>3> 8 =>@<0B82=>3> @53C;8@>20=8O 8=D>@<0F8>==>3> >1<5=0 2 ?@02>>E@0=8B5;L=>9 8 AC451=>9 AD5@0E; ( >BACBAB285 548=>9 <5B>4>;>388 A1>@0, >1@01>B:8 8 E@0=5=8O 8=D>@<0F88 >?5@0B82=>-@07KA:=>3>, A?@02>G=>3>, :@8<8=0;8AB8G5A:>3> 8 AB0B8AB8G5A:>3> E0@0:B5@0; ( >B:07 B5E=8G5A:8E A@54AB2 8 A1>8 ?@>3@0<<=>3> >15A?5G5=8O 2 8=D>@<0F8>==KE 8 B5;5:><<C=8:0F8>==KE A8AB5<0E; ( ?@54=0<5@5==K5 459AB28O, 0 B0:65 >H81:8 ?5@A>=0;0, =5?>A@54AB25==> 70=OB>3> D>@<8@>20=85< 8 2545=85< :0@B>B5: 8 02B><0B878@>20==KE 10=:>2 40==KE. 0@O4C A H8@>:> 8A?>;L7C5<K<8 >1I8<8 <5B>40<8 8 A@54AB20<8 70I8BK 8=D>@<0F88 ?@8<5=ONBAO B0:65 A?5F8D8G5A:85 <5B>4K 8 A@54AB20 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 2 ?@02>>E@0=8B5;L=>9 8 AC451=>9 AD5@0E. ;02=K<8 87 =8E O2;ONBAO: ( A>740=85 70I8I5==>9 <=>3>C@>2=52>9 A8AB5<K 8=B53@8@>20==KE 10=:>2 40==KE >?5@0B82=>-@07KA:=>3>, A?@02>G=>3>, :@8<8=0;8AB8G5A:>3> 8 AB0B8AB8G5A:>3> E0@0:B5@0 =0 1075 A?5F80;878@>20==KE 8=D>@<0F8>==>-B5;5:><<C=8:0F8>==KE A8AB5<; ( ?>2KH5=85 C@>2=O ?@>D5AA8>=0;L=>9 8 A?5F80;L=>9 ?>43>B>2:8 ?>;L7>20B5;59 8=D>@<0F8>==KE A8AB5<.  CA;>28OE G@572KG09=KE A8BC0F89. 081>;55 CO728<K<8 >1J5:B0<8 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 2 CA;>28OE G@572KG09=KE A8BC0F89 O2;ONBAO A8AB5<0 ?@8=OB8O @5H5=89 ?> >?5@0B82=K< 459AB28O< (@50:F8O<), A2O70==K< A @0728B85< B0:8E A8BC0F89 8 E>4>< ;8:2840F88 8E ?>A;54AB289, 0 B0:65 A8AB5<0 A1>@0 8 >1@01>B:8 8=D>@<0F88 > 2>7<>6=>< 2>7=8:=>25=88 G@572KG09=KE A8BC0F89. A>1>5 7=0G5=85 4;O =>@<0;L=>3> DC=:F8>=8@>20=8O C:070==KE >1J5:B>2 8<55B >15A?5G5=85 157>?0A=>AB8 8=D>@<0F8>==>9 8=D@0AB@C:BC@K AB@0=K ?@8 020@8OE, :0B0AB@>D0E 8 AB8E89=KE 154AB28OE. !>:@KB85, 7045@6:0 ?>ABC?;5=8O, 8A:065=85 8 @07@CH5=85 >?5@0B82=>9 8=D>@<0F88, =5A0=:F8>=8@>20==K9 4>ABC? : =59 >B45;L=KE ;8F 8;8 3@C?? ;8F <>3CB ?@825AB8 :0: : G5;>25G5A:8< 65@B20<, B0: 8 : 2>7=8:=>25=8N @07=>3> @>40 A;>6=>AB59 ?@8 ;8:2840F88 ?>A;54AB289 G@572KG09=>9 A8BC0F88, A2O70==KE A >A>15==>ABO<8 8=D>@<0F8>==>3> 2>7459AB28O 2 M:AB@5<0;L=KE CA;>28OE: : ?@82545=8N 2 42865=85 1>;LH8E <0AA ;N459, 8A?KBK20NI8E ?A8E8G5A:89 AB@5AA; : 1KAB@><C 2>7=8:=>25=8N 8 @0A?@>AB@0=5=8N A@548 =8E ?0=8:8 8 15A?>@O4:>2 =0 >A=>25 A;CE>2, ;>6=>9 8;8 =54>AB>25@=>9 8=D>@<0F88.  A?5F8D8G5A:8< 4;O 40==KE CA;>289 =0?@02;5=8O< >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >B=>AOBAO: ( @07@01>B:0 MDD5:B82=>9 A8AB5<K <>=8B>@8=30 >1J5:B>2 ?>2KH5==>9 >?0A=>AB8, =0@CH5=85 DC=:F8>=8@>20=8O :>B>@KE <>65B ?@825AB8 : 2>7=8:=>25=8N G@572KG09=KE A8BC0F89, 8 ?@>3=>78@>20=8O G@572KG09=KE A8BC0F89; ( A>25@H5=AB2>20=85 A8AB5<K 8=D>@<8@>20=8O =0A5;5=8O >1 C3@>70E 2>7=8:=>25=8O G@572KG09=KE A8BC0F89, >1 CA;>28OE 8E 2>7=8:=>25=8O 8 @0728B8O; ( ?>2KH5=85 =0456=>AB8 A8AB5< >1@01>B:8 8 ?5@540G8 8=D>@<0F88, >15A?5G820NI8E 45OB5;L=>ABL D545@0;L=KE >@30=>2 8A?>;=8B5;L=>9 2;0AB8; ( ?@>3=>78@>20=85 ?>2545=8O =0A5;5=8O ?>4 2>7459AB285< ;>6=>9 8;8 =54>AB>25@=>9 8=D>@<0F88 > 2>7<>6=KE G@572KG09=KE A8BC0F8OE 8 2K@01>B:0 <5@ ?> >:070=8N ?><>I8 1>;LH8< <0AA0< ;N459 2 CA;>28OE MB8E A8BC0F89; ( @07@01>B:0 A?5F80;L=KE <5@ ?> 70I8B5 8=D>@<0F8>==KE A8AB5<, >15A?5G820NI8E C?@02;5=85 M:>;>38G5A:8 >?0A=K<8 8 M:>=><8G5A:8 206=K<8 ?@>872>4AB20<8. 7. 564C=0@>4=>5 A>B@C4=8G5AB2> >AA89A:>9 $545@0F88 2 >1;0AB8 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 564C=0@>4=>5 A>B@C4=8G5AB2> >AA89A:>9 $545@0F88 2 >1;0AB8 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 - =5>BJ5<;5<0O A>AB02;ONI0O ?>;8B8G5A:>3>, 2>5==>3>, M:>=><8G5A:>3>, :C;LBC@=>3> 8 4@C38E 284>2 2708<>459AB28O AB@0=, 2E>4OI8E 2 <8@>2>5 A>>1I5AB2>. "0:>5 A>B@C4=8G5AB2> 4>;6=> A?>A>1AB2>20BL ?>2KH5=8N 8=D>@<0F8>==>9 157>?0A=>AB8 2A5E G;5=>2 <8@>2>3> A>>1I5AB20, 2:;NG0O >AA89A:CN $545@0F8N. A>15==>ABL <564C=0@>4=>3> A>B@C4=8G5AB20 >AA89A:>9 $545@0F88 2 >1;0AB8 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 A>AB>8B 2 B><, GB> >=> >ACI5AB2;O5BAO 2 CA;>28OE >1>AB@5=8O <564C=0@>4=>9 :>=:C@5=F88 70 >1;040=85 B5E=>;>38G5A:8<8 8 8=D>@<0F8>==K<8 @5AC@A0<8, 70 4><8=8@>20=85 =0 @K=:0E A1KB0, 2 CA;>28OE ?@>4>;65=8O ?>?KB>: A>740=8O AB@C:BC@K <564C=0@>4=KE >B=>H5=89, >A=>20==>9 =0 >4=>AB>@>==8E @5H5=8OE :;NG52KE ?@>1;5< <8@>2>9 ?>;8B8:8, ?@>B82>459AB28O C:@5?;5=8N @>;8 >AA88 :0: >4=>3> 87 2;8OB5;L=KE F5=B@>2 D>@<8@CNI53>AO <=>3>?>;O@=>3> <8@0, CA8;5=8O B5E=>;>38G5A:>3> >B@K20 254CI8E 45@602 <8@0 8 =0@0I820=8O 8E 2>7<>6=>AB59 4;O A>740=8O  8=D>@<0F8>==>3> >@C68O . A5 MB> <>65B ?@825AB8 : =>2><C MB0?C @0725@BK20=8O 3>=:8 2>>@C65=89 2 8=D>@<0F8>==>9 AD5@5, =0@0AB0=8N C3@>7K 035=BC@=>3> 8 >?5@0B82=>-B5E=8G5A:>3> ?@>=8:=>25=8O 2 >AA8N 8=>AB@0==KE @07254>:, 2 B>< G8A;5 A 8A?>;L7>20=85< 3;>10;L=>9 8=D>@<0F8>==>9 8=D@0AB@C:BC@K. A=>2=K<8 =0?@02;5=8O<8 <564C=0@>4=>3> A>B@C4=8G5AB20 >AA89A:>9 $545@0F88 2 >1;0AB8 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 O2;ONBAO: ( 70?@5I5=85 @07@01>B:8, @0A?@>AB@0=5=8O 8 ?@8<5=5=8O  8=D>@<0F8>==>3> >@C68O ; ( >15A?5G5=85 157>?0A=>AB8 <564C=0@>4=>3> 8=D>@<0F8>==>3> >1<5=0, 2 B>< G8A;5 A>E@0==>AB8 8=D>@<0F88 ?@8 55 ?5@540G5 ?> =0F8>=0;L=K< B5;5:><<C=8:0F8>==K< :0=0;0< 8 :0=0;0< A2O78; ( :>>@48=0F8O 45OB5;L=>AB8 ?@02>>E@0=8B5;L=KE >@30=>2 AB@0=, 2E>4OI8E 2 <8@>2>5 A>>1I5AB2>, ?> ?@54>B2@0I5=8N :><?LNB5@=KE ?@5ABC?;5=89; ( ?@54>B2@0I5=85 =5A0=:F8>=8@>20==>3> 4>ABC?0 : :>=D845=F80;L=>9 8=D>@<0F88 2 <564C=0@>4=KE 10=:>2A:8E B5;5:><<C=8:0F8>==KE A5BOE 8 A8AB5<0E 8=D>@<0F8>==>3> >15A?5G5=8O <8@>2>9 B>@3>2;8, : 8=D>@<0F88 <564C=0@>4=KE ?@02>>E@0=8B5;L=KE >@30=870F89, 254CI8E 1>@L1C A B@0=A=0F8>=0;L=>9 >@30=87>20==>9 ?@5ABC?=>ABLN, <564C=0@>4=K< B5@@>@87<><, @0A?@>AB@0=5=85< =0@:>B8:>2 8 ?A8E>B@>?=KE 25I5AB2, =570:>==>9 B>@3>2;59 >@C685< 8 @0AI5?;ONI8<8AO <0B5@80;0<8, 0 B0:65 B>@3>2;59 ;N4L<8. @8 >ACI5AB2;5=88 <564C=0@>4=>3> A>B@C4=8G5AB20 >AA89A:>9 $545@0F88 2 >1;0AB8 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >A>1>5 2=8<0=85 4>;6=> C45;OBLAO ?@>1;5<0< 2708<>459AB28O A 3>AC40@AB20<8 - CG0AB=8:0<8 !>4@C65AB20 57028A8<KE >AC40@AB2. ;O >ACI5AB2;5=8O MB>3> A>B@C4=8G5AB20 ?> C:070==K< >A=>2=K< =0?@02;5=8O< =5>1E>48<> >15A?5G8BL 0:B82=>5 CG0AB85 >AA88 2> 2A5E <564C=0@>4=KE >@30=870F8OE, >ACI5AB2;ONI8E 45OB5;L=>ABL 2 >1;0AB8 8=D>@<0F8>==>9 157>?0A=>AB8, 2 B>< G8A;5 2 AD5@5 AB0=40@B870F88 8 A5@B8D8:0F88 A@54AB2 8=D>@<0B870F88 8 70I8BK 8=D>@<0F88. III. A=>2=K5 ?>;>65=8O 3>AC40@AB25==>9 ?>;8B8:8 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 8 ?5@2>>G5@54=K5 <5@>?@8OB8O ?> 55 @50;870F88 8. A=>2=K5 ?>;>65=8O 3>AC40@AB25==>9 ?>;8B8:8 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 >AC40@AB25==0O ?>;8B8:0 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 >?@545;O5B >A=>2=K5 =0?@02;5=8O 45OB5;L=>AB8 D545@0;L=KE >@30=>2 3>AC40@AB25==>9 2;0AB8 8 >@30=>2 3>AC40@AB25==>9 2;0AB8 AC1J5:B>2 >AA89A:>9 $545@0F88 2 MB>9 >1;0AB8, ?>@O4>: 70:@5?;5=8O 8E >1O70==>AB59 ?> 70I8B5 8=B5@5A>2 >AA89A:>9 $545@0F88 2 8=D>@<0F8>==>9 AD5@5 2 @0<:0E =0?@02;5=89 8E 45OB5;L=>AB8 8 1078@C5BAO =0 A>1;N45=88 10;0=A0 8=B5@5A>2 ;8G=>AB8, >1I5AB20 8 3>AC40@AB20 2 8=D>@<0F8>==>9 AD5@5. >AC40@AB25==0O ?>;8B8:0 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 >A=>2K205BAO =0 A;54CNI8E >A=>2=KE ?@8=F8?0E: ( A>1;N45=85 >=AB8BCF88 >AA89A:>9 $545@0F88, 70:>=>40B5;LAB20 >AA89A:>9 $545@0F88, >1I5?@87=0==KE ?@8=F8?>2 8 =>@< <564C=0@>4=>3> ?@020 ?@8 >ACI5AB2;5=88 45OB5;L=>AB8 ?> >15A?5G5=8N 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88; ( >B:@KB>ABL 2 @50;870F88 DC=:F89 D545@0;L=KE >@30=>2 3>AC40@AB25==>9 2;0AB8, >@30=>2 3>AC40@AB25==>9 2;0AB8 AC1J5:B>2 >AA89A:>9 $545@0F88 8 >1I5AB25==KE >1J548=5=89, ?@54CA<0B@820NI0O 8=D>@<8@>20=85 >1I5AB20 >1 8E 45OB5;L=>AB8 A CG5B>< >3@0=8G5=89, CAB0=>2;5==KE 70:>=>40B5;LAB2>< >AA89A:>9 $545@0F88; ( ?@02>2>5 @025=AB2> 2A5E CG0AB=8:>2 ?@>F5AA0 8=D>@<0F8>==>3> 2708<>459AB28O 2=5 7028A8<>AB8 >B 8E ?>;8B8G5A:>3>, A>F80;L=>3> 8 M:>=><8G5A:>3> AB0BCA0, >A=>2K20NI55AO =0 :>=AB8BCF8>==>< ?@025 3@0640= =0 A2>1>4=K9 ?>8A:, ?>;CG5=85, ?5@540GC, ?@>872>4AB2> 8 @0A?@>AB@0=5=85 8=D>@<0F88 ;N1K< 70:>==K< A?>A>1><; ( ?@8>@8B5B=>5 @0728B85 >B5G5AB25==KE A>2@5<5==KE 8=D>@<0F8>==KE 8 B5;5:><<C=8:0F8>==KE B5E=>;>389, ?@>872>4AB2> B5E=8G5A:8E 8 ?@>3@0<<=KE A@54AB2, A?>A>1=KE >15A?5G8BL A>25@H5=AB2>20=85 =0F8>=0;L=KE B5;5:><<C=8:0F8>==KE A5B59, 8E ?>4:;NG5=85 : 3;>10;L=K< 8=D>@<0F8>==K< A5BO< 2 F5;OE A>1;N45=8O 687=5==> 206=KE 8=B5@5A>2 >AA89A:>9 $545@0F88. >AC40@AB2> 2 ?@>F5AA5 @50;870F88 A2>8E DC=:F89 ?> >15A?5G5=8N 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88: ( ?@>2>48B >1J5:B82=K9 8 2A5AB>@>==89 0=0;87 8 ?@>3=>78@>20=85 C3@>7 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88, @07@010BK205B <5@K ?> 55 >15A?5G5=8N; ( >@30=87C5B @01>BC 70:>=>40B5;L=KE (?@54AB028B5;L=KE) 8 8A?>;=8B5;L=KE >@30=>2 3>AC40@AB25==>9 2;0AB8 >AA89A:>9 $545@0F88 ?> @50;870F88 :><?;5:A0 <5@, =0?@02;5==KE =0 ?@54>B2@0I5=85, >B@065=85 8 =59B@0;870F8N C3@>7 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88; ( ?>445@68205B 45OB5;L=>ABL >1I5AB25==KE >1J548=5=89, =0?@02;5==CN =0 >1J5:B82=>5 8=D>@<8@>20=85 =0A5;5=8O > A>F80;L=> 7=0G8<KE O2;5=8OE >1I5AB25==>9 687=8, 70I8BC >1I5AB20 >B 8A:065==>9 8 =54>AB>25@=>9 8=D>@<0F88; ( >ACI5AB2;O5B :>=B@>;L 70 @07@01>B:>9, A>740=85<, @0728B85<, 8A?>;L7>20=85<, M:A?>@B>< 8 8<?>@B>< A@54AB2 70I8BK 8=D>@<0F88 ?>A@54AB2>< 8E A5@B8D8:0F88 8 ;8F5=78@>20=8O 45OB5;L=>AB8 2 >1;0AB8 70I8BK 8=D>@<0F88; ( ?@>2>48B =5>1E>48<CN ?@>B5:F8>=8ABA:CN ?>;8B8:C 2 >B=>H5=88 ?@>872>48B5;59 A@54AB2 8=D>@<0B870F88 8 70I8BK 8=D>@<0F88 =0 B5@@8B>@88 >AA89A:>9 $545@0F88 8 ?@8=8<05B <5@K ?> 70I8B5 2=CB@5==53> @K=:0 >B ?@>=8:=>25=8O =0 =53> =5:0G5AB25==KE A@54AB2 8=D>@<0B870F88 8 8=D>@<0F8>==KE ?@>4C:B>2; ( A?>A>1AB2C5B ?@54>AB02;5=8N D878G5A:8< 8 N@848G5A:8< ;8F0< 4>ABC?0 : <8@>2K< 8=D>@<0F8>==K< @5AC@A0<, 3;>10;L=K< 8=D>@<0F8>==K< A5BO<; ( D>@<C;8@C5B 8 @50;87C5B 3>AC40@AB25==CN 8=D>@<0F8>==CN ?>;8B8:C >AA88; ( >@30=87C5B @07@01>B:C D545@0;L=>9 ?@>3@0<<K >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88, >1J548=ONI59 CA8;8O 3>AC40@AB25==KE 8 =53>AC40@AB25==KE >@30=870F89 2 40==>9 >1;0AB8; ( A?>A>1AB2C5B 8=B5@=0F8>=0;870F88 3;>10;L=KE 8=D>@<0F8>==KE A5B59 8 A8AB5<, 0 B0:65 2E>645=8N >AA88 2 <8@>2>5 8=D>@<0F8>==>5 A>>1I5AB2> =0 CA;>28OE @02=>?@02=>3> ?0@B=5@AB20. !>25@H5=AB2>20=85 ?@02>2KE <5E0=87<>2 @53C;8@>20=8O >1I5AB25==KE >B=>H5=89, 2>7=8:0NI8E 2 8=D>@<0F8>==>9 AD5@5, O2;O5BAO ?@8>@8B5B=K< =0?@02;5=85< 3>AC40@AB25==>9 ?>;8B8:8 2 >1;0AB8 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88. -B> ?@54?>;0305B: ( >F5=:C MDD5:B82=>AB8 ?@8<5=5=8O 459AB2CNI8E 70:>=>40B5;L=KE 8 8=KE =>@<0B82=KE ?@02>2KE 0:B>2 2 8=D>@<0F8>==>9 AD5@5 8 2K@01>B:C ?@>3@0<<K 8E A>25@H5=AB2>20=8O; ( A>740=85 >@30=870F8>==>-?@02>2KE <5E0=87<>2 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8; ( >?@545;5=85 ?@02>2>3> AB0BCA0 2A5E AC1J5:B>2 >B=>H5=89 2 8=D>@<0F8>==>9 AD5@5, 2:;NG0O ?>;L7>20B5;59 8=D>@<0F8>==KE 8 B5;5:><<C=8:0F8>==KE A8AB5<, 8 CAB0=>2;5=85 8E >B25BAB25==>AB8 70 A>1;N45=85 70:>=>40B5;LAB20 >AA89A:>9 $545@0F88 2 40==>9 AD5@5; ( A>740=85 A8AB5<K A1>@0 8 0=0;870 40==KE >1 8AB>G=8:0E C3@>7 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88, 0 B0:65 > ?>A;54AB28OE 8E >ACI5AB2;5=8O; ( @07@01>B:C =>@<0B82=KE ?@02>2KE 0:B>2, >?@545;ONI8E >@30=870F8N A;54AB28O 8 ?@>F54C@C AC451=>3> @0718@0B5;LAB20 ?> D0:B0< ?@>B82>?@02=KE 459AB289 2 8=D>@<0F8>==>9 AD5@5, 0 B0:65 ?>@O4>: ;8:2840F88 ?>A;54AB289 MB8E ?@>B82>?@02=KE 459AB289; ( @07@01>B:C A>AB02>2 ?@02>=0@CH5=89 A CG5B>< A?5F8D8:8 C3>;>2=>9, 3@0640=A:>9, 04<8=8AB@0B82=>9, 48AF8?;8=0@=>9 >B25BAB25==>AB8 8 2:;NG5=85 A>>B25BAB2CNI8E ?@02>2KE =>@< 2 C3>;>2=K9, 3@0640=A:89, 04<8=8AB@0B82=K9 8 B@C4>2>9 :>45:AK, 2 70:>=>40B5;LAB2> >AA89A:>9 $545@0F88 > 3>AC40@AB25==>9 A;C615; ( A>25@H5=AB2>20=85 A8AB5<K ?>43>B>2:8 :04@>2, 8A?>;L7C5<KE 2 >1;0AB8 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88. @02>2>5 >15A?5G5=85 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 4>;6=> 1078@>20BLAO, ?@5645 2A53>, =0 A>1;N45=88 ?@8=F8?>2 70:>==>AB8, 10;0=A0 8=B5@5A>2 3@0640=, >1I5AB20 8 3>AC40@AB20 2 8=D>@<0F8>==>9 AD5@5. !>1;N45=85 ?@8=F8?0 70:>==>AB8 B@51C5B >B D545@0;L=KE >@30=>2 3>AC40@AB25==>9 2;0AB8 8 >@30=>2 3>AC40@AB25==>9 2;0AB8 AC1J5:B>2 >AA89A:>9 $545@0F88 ?@8 @5H5=88 2>7=8:0NI8E 2 8=D>@<0F8>==>9 AD5@5 :>=D;8:B>2 =5C:>A=8B5;L=> @C:>2>4AB2>20BLAO 70:>=>40B5;L=K<8 8 8=K<8 =>@<0B82=K<8 ?@02>2K<8 0:B0<8, @53C;8@CNI8<8 >B=>H5=8O 2 MB>9 AD5@5. !>1;N45=85 ?@8=F8?0 10;0=A0 8=B5@5A>2 3@0640=, >1I5AB20 8 3>AC40@AB20 2 8=D>@<0F8>==>9 AD5@5 ?@54?>;0305B 70:>=>40B5;L=>5 70:@5?;5=85 ?@8>@8B5B0 MB8E 8=B5@5A>2 2 @07;8G=KE >1;0ABOE 687=545OB5;L=>AB8 >1I5AB20, 0 B0:65 8A?>;L7>20=85 D>@< >1I5AB25==>3> :>=B@>;O 45OB5;L=>AB8 D545@0;L=KE >@30=>2 3>AC40@AB25==>9 2;0AB8 8 >@30=>2 3>AC40@AB25==>9 2;0AB8 AC1J5:B>2 >AA89A:>9 $545@0F88. 50;870F8O 30@0=B89 :>=AB8BCF8>==KE ?@02 8 A2>1>4 G5;>25:0 8 3@0640=8=0, :0A0NI8EAO 45OB5;L=>AB8 2 8=D>@<0F8>==>9 AD5@5, O2;O5BAO 206=59H59 7040G59 3>AC40@AB20 2 >1;0AB8 8=D>@<0F8>==>9 157>?0A=>AB8. 07@01>B:0 <5E0=87<>2 ?@02>2>3> >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 2:;NG05B 2 A51O <5@>?@8OB8O ?> 8=D>@<0B870F88 ?@02>2>9 AD5@K 2 F5;><.  F5;OE 2KO2;5=8O 8 A>3;0A>20=8O 8=B5@5A>2 D545@0;L=KE >@30=>2 3>AC40@AB25==>9 2;0AB8, >@30=>2 3>AC40@AB25==>9 2;0AB8 AC1J5:B>2 >AA89A:>9 $545@0F88 8 4@C38E AC1J5:B>2 >B=>H5=89 2 8=D>@<0F8>==>9 AD5@5, 2K@01>B:8 =5>1E>48<KE @5H5=89 3>AC40@AB2> ?>445@68205B D>@<8@>20=85 >1I5AB25==KE A>25B>2, :><8B5B>2 8 :><8AA89 A H8@>:8< ?@54AB028B5;LAB2>< >1I5AB25==KE >1J548=5=89 8 A>459AB2C5B >@30=870F88 8E MDD5:B82=>9 @01>BK. 9. 5@2>>G5@54=K5 <5@>?@8OB8O ?> @50;870F88 3>AC40@AB25==>9 ?>;8B8:8 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 5@2>>G5@54=K<8 <5@>?@8OB8O<8 ?> @50;870F88 3>AC40@AB25==>9 ?>;8B8:8 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 O2;ONBAO: ( @07@01>B:0 8 2=54@5=85 <5E0=87<>2 @50;870F88 ?@02>2KE =>@<, @53C;8@CNI8E >B=>H5=8O 2 8=D>@<0F8>==>9 AD5@5, 0 B0:65 ?>43>B>2:0 :>=F5?F88 ?@02>2>3> >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88; ( @07@01>B:0 8 @50;870F8O <5E0=87<>2 ?>2KH5=8O MDD5:B82=>AB8 3>AC40@AB25==>3> @C:>2>4AB20 45OB5;L=>ABLN 3>AC40@AB25==KE A@54AB2 <0AA>2>9 8=D>@<0F88, >ACI5AB2;5=8O 3>AC40@AB25==>9 8=D>@<0F8>==>9 ?>;8B8:8; ( ?@8=OB85 8 @50;870F8O D545@0;L=KE ?@>3@0<<, ?@54CA<0B@820NI8E D>@<8@>20=85 >1I54>ABC?=KE 0@E82>2 8=D>@<0F8>==KE @5AC@A>2 D545@0;L=KE >@30=>2 3>AC40@AB25==>9 2;0AB8 8 >@30=>2 3>AC40@AB25==>9 2;0AB8 AC1J5:B>2 >AA89A:>9 $545@0F88, ?>2KH5=85 ?@02>2>9 :C;LBC@K 8 :><?LNB5@=>9 3@0<>B=>AB8 3@0640=, @0728B85 8=D@0AB@C:BC@K 548=>3> 8=D>@<0F8>==>3> ?@>AB@0=AB20 >AA88, :><?;5:A=>5 ?@>B82>459AB285 C3@>70< 8=D>@<0F8>==>9 2>9=K, A>740=85 157>?0A=KE 8=D>@<0F8>==KE B5E=>;>389 4;O A8AB5<, 8A?>;L7C5<KE 2 ?@>F5AA5 @50;870F88 687=5==> 206=KE DC=:F89 >1I5AB20 8 3>AC40@AB20, ?@5A5G5=85 :><?LNB5@=>9 ?@5ABC?=>AB8, A>740=85 8=D>@<0F8>==>-B5;5:><<C=8:0F8>==>9 A8AB5<K A?5F80;L=>3> =07=0G5=8O 2 8=B5@5A0E D545@0;L=KE >@30=>2 3>AC40@AB25==>9 2;0AB8 8 >@30=>2 3>AC40@AB25==>9 2;0AB8 AC1J5:B>2 >AA89A:>9 $545@0F88, >15A?5G5=85 B5E=>;>38G5A:>9 =57028A8<>AB8 AB@0=K 2 >1;0AB8 A>740=8O 8 M:A?;C0B0F88 8=D>@<0F8>==>-B5;5:><<C=8:0F8>==KE A8AB5< >1>@>==>3> =07=0G5=8O; ( @0728B85 A8AB5<K ?>43>B>2:8 :04@>2, 8A?>;L7C5<KE 2 >1;0AB8 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88; ( 30@<>=870F8O >B5G5AB25==KE AB0=40@B>2 2 >1;0AB8 8=D>@<0B870F88 8 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 02B><0B878@>20==KE A8AB5< C?@02;5=8O, 8=D>@<0F8>==KE 8 B5;5:><<C=8:0F8>==KE A8AB5< >1I53> 8 A?5F80;L=>3> =07=0G5=8O. IV. @30=870F8>==0O >A=>20 A8AB5<K >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 10. A=>2=K5 DC=:F88 A8AB5<K >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 !8AB5<0 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 ?@54=07=0G5=0 4;O @50;870F88 3>AC40@AB25==>9 ?>;8B8:8 2 40==>9 AD5@5. A=>2=K<8 DC=:F8O<8 A8AB5<K >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 O2;ONBAO: ( @07@01>B:0 =>@<0B82=>9 ?@02>2>9 107K 2 >1;0AB8 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88; ( A>740=85 CA;>289 4;O @50;870F88 ?@02 3@0640= 8 >1I5AB25==KE >1J548=5=89 =0 @07@5H5==CN 70:>=>< 45OB5;L=>ABL 2 8=D>@<0F8>==>9 AD5@5; ( >?@545;5=85 8 ?>445@60=85 10;0=A0 <564C ?>B@51=>ABLN 3@0640=, >1I5AB20 8 3>AC40@AB20 2 A2>1>4=>< >1<5=5 8=D>@<0F859 8 =5>1E>48<K<8 >3@0=8G5=8O<8 =0 @0A?@>AB@0=5=85 8=D>@<0F88; ( >F5=:0 A>AB>O=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88, 2KO2;5=85 8AB>G=8:>2 2=CB@5==8E 8 2=5H=8E C3@>7 8=D>@<0F8>==>9 157>?0A=>AB8, >?@545;5=85 ?@8>@8B5B=KE =0?@02;5=89 ?@54>B2@0I5=8O, >B@065=8O 8 =59B@0;870F88 MB8E C3@>7; ( :>>@48=0F8O 45OB5;L=>AB8 D545@0;L=KE >@30=>2 3>AC40@AB25==>9 2;0AB8 8 4@C38E 3>AC40@AB25==KE >@30=>2, @5H0NI8E 7040G8 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88; ( :>=B@>;L 45OB5;L=>AB8 D545@0;L=KE >@30=>2 3>AC40@AB25==>9 2;0AB8 8 >@30=>2 3>AC40@AB25==>9 2;0AB8 AC1J5:B>2 >AA89A:>9 $545@0F88, 3>AC40@AB25==KE 8 <56254><AB25==KE :><8AA89, CG0AB2CNI8E 2 @5H5=88 7040G >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88; ( ?@54C?@5645=85, 2KO2;5=85 8 ?@5A5G5=85 ?@02>=0@CH5=89, A2O70==KE A ?>AO30B5;LAB20<8 =0 70:>==K5 8=B5@5AK 3@0640=, >1I5AB20 8 3>AC40@AB20 2 8=D>@<0F8>==>9 AD5@5, =0 >ACI5AB2;5=85 AC4>?@>872>4AB20 ?> 45;0< > ?@5ABC?;5=8OE 2 MB>9 >1;0AB8; ( @0728B85 >B5G5AB25==>9 8=D>@<0F8>==>9 8=D@0AB@C:BC@K, 0 B0:65 8=4CAB@88 B5;5:><<C=8:0F8>==KE 8 8=D>@<0F8>==KE A@54AB2, ?>2KH5=85 8E :>=:C@5=B>A?>A>1=>AB8 =0 2=CB@5==5< 8 2=5H=5< @K=:5; ( >@30=870F8O @07@01>B:8 D545@0;L=>9 8 @538>=0;L=KE ?@>3@0<< >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 8 :>>@48=0F8O 45OB5;L=>AB8 ?> 8E @50;870F88; ( ?@>2545=85 548=>9 B5E=8G5A:>9 ?>;8B8:8 2 >1;0AB8 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88; ( >@30=870F8O DC=40<5=B0;L=KE 8 ?@8:;04=KE =0CG=KE 8AA;54>20=89 2 >1;0AB8 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88; ( 70I8B0 3>AC40@AB25==KE 8=D>@<0F8>==KE @5AC@A>2, ?@5645 2A53> 2 D545@0;L=KE >@30=0E 3>AC40@AB25==>9 2;0AB8 8 >@30=0E 3>AC40@AB25==>9 2;0AB8 AC1J5:B>2 >AA89A:>9 $545@0F88, =0 ?@54?@8OB8OE >1>@>==>3> :><?;5:A0; ( >15A?5G5=85 :>=B@>;O 70 A>740=85< 8 8A?>;L7>20=85< A@54AB2 70I8BK 8=D>@<0F88 ?>A@54AB2>< >1O70B5;L=>3> ;8F5=78@>20=8O 45OB5;L=>AB8 2 40==>9 AD5@5 8 A5@B8D8:0F88 A@54AB2 70I8BK 8=D>@<0F88; ( A>25@H5=AB2>20=85 8 @0728B85 548=>9 A8AB5<K ?>43>B>2:8 :04@>2, 8A?>;L7C5<KE 2 >1;0AB8 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88; ( >ACI5AB2;5=85 <564C=0@>4=>3> A>B@C4=8G5AB20 2 AD5@5 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8, ?@54AB02;5=85 8=B5@5A>2 >AA89A:>9 $545@0F88 2 A>>B25BAB2CNI8E <564C=0@>4=KE >@30=870F8OE. ><?5B5=F8O D545@0;L=KE >@30=>2 3>AC40@AB25==>9 2;0AB8, >@30=>2 3>AC40@AB25==>9 2;0AB8 AC1J5:B>2 >AA89A:>9 $545@0F88, 4@C38E 3>AC40@AB25==KE >@30=>2, 2E>4OI8E 2 A>AB02 A8AB5<K >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 8 55 ?>4A8AB5<, >?@545;O5BAO D545@0;L=K<8 70:>=0<8, =>@<0B82=K<8 ?@02>2K<8 0:B0<8 @57845=B0 >AA89A:>9 $545@0F88 8 @028B5;LAB20 >AA89A:>9 $545@0F88. $C=:F88 >@30=>2, :>>@48=8@CNI8E 45OB5;L=>ABL D545@0;L=KE >@30=>2 3>AC40@AB25==>9 2;0AB8, >@30=>2 3>AC40@AB25==>9 2;0AB8 AC1J5:B>2 >AA89A:>9 $545@0F88, 4@C38E 3>AC40@AB25==KE >@30=>2, 2E>4OI8E 2 A>AB02 A8AB5<K >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 8 55 ?>4A8AB5<, >?@545;ONBAO >B45;L=K<8 =>@<0B82=K<8 ?@02>2K<8 0:B0<8 >AA89A:>9 $545@0F88. 11. A=>2=K5 M;5<5=BK >@30=870F8>==>9 >A=>2K A8AB5<K >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 !8AB5<0 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 O2;O5BAO G0ABLN A8AB5<K >15A?5G5=8O =0F8>=0;L=>9 157>?0A=>AB8 AB@0=K. !8AB5<0 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 AB@>8BAO =0 >A=>25 @073@0=8G5=8O ?>;=><>G89 >@30=>2 70:>=>40B5;L=>9, 8A?>;=8B5;L=>9 8 AC451=>9 2;0AB8 2 40==>9 AD5@5, 0 B0:65 ?@54<5B>2 2545=8O D545@0;L=KE >@30=>2 3>AC40@AB25==>9 2;0AB8 8 >@30=>2 3>AC40@AB25==>9 2;0AB8 AC1J5:B>2 >AA89A:>9 $545@0F88. A=>2=K<8 M;5<5=B0<8 >@30=870F8>==>9 >A=>2K A8AB5<K >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 O2;ONBAO: @57845=B >AA89A:>9 $545@0F88, !>25B $545@0F88 $545@0;L=>3> !>1@0=8O >AA89A:>9 $545@0F88, >AC40@AB25==0O C<0 $545@0;L=>3> !>1@0=8O >AA89A:>9 $545@0F88, @028B5;LAB2> >AA89A:>9 $545@0F88, !>25B 57>?0A=>AB8 >AA89A:>9 $545@0F88, D545@0;L=K5 >@30=K 8A?>;=8B5;L=>9 2;0AB8, <56254><AB25==K5 8 3>AC40@AB25==K5 :><8AA88, A>740205<K5 @57845=B>< >AA89A:>9 $545@0F88 8 @028B5;LAB2>< >AA89A:>9 $545@0F88, >@30=K 8A?>;=8B5;L=>9 2;0AB8 AC1J5:B>2 >AA89A:>9 $545@0F88, >@30=K <5AB=>3> A0<>C?@02;5=8O, >@30=K AC451=>9 2;0AB8, >1I5AB25==K5 >1J548=5=8O, 3@0640=5, ?@8=8<0NI85 2 A>>B25BAB288 A 70:>=>40B5;LAB2>< >AA89A:>9 $545@0F88 CG0AB85 2 @5H5=88 7040G >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88. @57845=B >AA89A:>9 $545@0F88 @C:>2>48B 2 ?@545;0E A2>8E :>=AB8BCF8>==KE ?>;=><>G89 >@30=0<8 8 A8;0<8 ?> >15A?5G5=8N 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88; A0=:F8>=8@C5B 459AB28O ?> >15A?5G5=8N 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88; 2 A>>B25BAB288 A 70:>=>40B5;LAB2>< >AA89A:>9 $545@0F88 D>@<8@C5B, @5>@30=87C5B 8 C?@074=O5B ?>4G8=5==K5 5<C >@30=K 8 A8;K ?> >15A?5G5=8N 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88; >?@545;O5B 2 A2>8E 5653>4=KE ?>A;0=8OE $545@0;L=><C !>1@0=8N ?@8>@8B5B=K5 =0?@02;5=8O 3>AC40@AB25==>9 ?>;8B8:8 2 >1;0AB8 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88, 0 B0:65 <5@K ?> @50;870F88 =0AB>OI59 >:B@8=K. 0;0BK $545@0;L=>3> !>1@0=8O >AA89A:>9 $545@0F88 =0 >A=>25 >=AB8BCF88 >AA89A:>9 $545@0F88 ?> ?@54AB02;5=8N @57845=B0 >AA89A:>9 $545@0F88 8 @028B5;LAB20 >AA89A:>9 $545@0F88 D>@<8@CNB 70:>=>40B5;L=CN 107C 2 >1;0AB8 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88. @028B5;LAB2> >AA89A:>9 $545@0F88 2 ?@545;0E A2>8E ?>;=><>G89 8 A CG5B>< AD>@<C;8@>20==KE 2 5653>4=KE ?>A;0=8OE @57845=B0 >AA89A:>9 $545@0F88 $545@0;L=><C !>1@0=8N ?@8>@8B5B=KE =0?@02;5=89 2 >1;0AB8 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 :>>@48=8@C5B 45OB5;L=>ABL D545@0;L=KE >@30=>2 8A?>;=8B5;L=>9 2;0AB8 8 >@30=>2 8A?>;=8B5;L=>9 2;0AB8 AC1J5:B>2 >AA89A:>9 $545@0F88, 0 B0:65 ?@8 D>@<8@>20=88 2 CAB0=>2;5==>< ?>@O4:5 ?@>5:B>2 D545@0;L=>3> 1N465B0 =0 A>>B25BAB2CNI85 3>4K ?@54CA<0B@8205B 2K45;5=85 A@54AB2, =5>1E>48<KE 4;O @50;870F88 D545@0;L=KE ?@>3@0<< 2 MB>9 >1;0AB8. !>25B 57>?0A=>AB8 >AA89A:>9 $545@0F88 ?@>2>48B @01>BC ?> 2KO2;5=8N 8 >F5=:5 C3@>7 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88, >?5@0B82=> ?>43>B02;8205B ?@>5:BK @5H5=89 @57845=B0 >AA89A:>9 $545@0F88 ?> ?@54>B2@0I5=8N B0:8E C3@>7, @07@010BK205B ?@54;>65=8O 2 >1;0AB8 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88, 0 B0:65 ?@54;>65=8O ?> CB>G=5=8N >B45;L=KE ?>;>65=89 =0AB>OI59 >:B@8=K, :>>@48=8@C5B 45OB5;L=>ABL >@30=>2 8 A8; ?> >15A?5G5=8N 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88, :>=B@>;8@C5B @50;870F8N D545@0;L=K<8 >@30=0<8 8A?>;=8B5;L=>9 2;0AB8 8 >@30=0<8 8A?>;=8B5;L=>9 2;0AB8 AC1J5:B>2 >AA89A:>9 $545@0F88 @5H5=89 @57845=B0 >AA89A:>9 $545@0F88 2 MB>9 >1;0AB8. $545@0;L=K5 >@30=K 8A?>;=8B5;L=>9 2;0AB8 >15A?5G820NB 8A?>;=5=85 70:>=>40B5;LAB20 >AA89A:>9 $545@0F88, @5H5=89 @57845=B0 >AA89A:>9 $545@0F88 8 @028B5;LAB20 >AA89A:>9 $545@0F88 2 >1;0AB8 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88; 2 ?@545;0E A2>59 :><?5B5=F88 @07@010BK20NB =>@<0B82=K5 ?@02>2K5 0:BK 2 MB>9 >1;0AB8 8 ?@54AB02;ONB 8E 2 CAB0=>2;5==>< ?>@O4:5 @57845=BC >AA89A:>9 $545@0F88 8 2 @028B5;LAB2> >AA89A:>9 $545@0F88. 56254><AB25==K5 8 3>AC40@AB25==K5 :><8AA88, A>740205<K5 @57845=B>< >AA89A:>9 $545@0F88 8 @028B5;LAB2>< >AA89A:>9 $545@0F88, @5H0NB 2 A>>B25BAB288 A ?@54>AB02;5==K<8 8< ?>;=><>G8O<8 7040G8 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88. @30=K 8A?>;=8B5;L=>9 2;0AB8 AC1J5:B>2 >AA89A:>9 $545@0F88 2708<>459AB2CNB A D545@0;L=K<8 >@30=0<8 8A?>;=8B5;L=>9 2;0AB8 ?> 2>?@>A0< 8A?>;=5=8O 70:>=>40B5;LAB20 >AA89A:>9 $545@0F88, @5H5=89 @57845=B0 >AA89A:>9 $545@0F88 8 @028B5;LAB20 >AA89A:>9 $545@0F88 2 >1;0AB8 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88, 0 B0:65 ?> 2>?@>A0< @50;870F88 D545@0;L=KE ?@>3@0<< 2 MB>9 >1;0AB8; A>2<5AB=> A >@30=0<8 <5AB=>3> A0<>C?@02;5=8O >ACI5AB2;ONB <5@>?@8OB8O ?> ?@82;5G5=8N 3@0640=, >@30=870F89 8 >1I5AB25==KE >1J548=5=89 : >:070=8N A>459AB28O 2 @5H5=88 ?@>1;5< >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88; 2=>AOB 2 D545@0;L=K5 >@30=K 8A?>;=8B5;L=>9 2;0AB8 ?@54;>65=8O ?> A>25@H5=AB2>20=8N A8AB5<K >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88. @30=K <5AB=>3> A0<>C?@02;5=8O >15A?5G820NB A>1;N45=85 70:>=>40B5;LAB20 >AA89A:>9 $545@0F88 2 >1;0AB8 >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88. @30=K AC451=>9 2;0AB8 >ACI5AB2;ONB ?@02>AC485 ?> 45;0< > ?@5ABC?;5=8OE, A2O70==KE A ?>AO30B5;LAB20<8 =0 70:>==K5 8=B5@5AK ;8G=>AB8, >1I5AB20 8 3>AC40@AB20 2 8=D>@<0F8>==>9 AD5@5, 8 >15A?5G820NB AC451=CN 70I8BC 3@0640= 8 >1I5AB25==KE >1J548=5=89, GL8 ?@020 1K;8 =0@CH5=K 2 A2O78 A 45OB5;L=>ABLN ?> >15A?5G5=8N 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88.  A>AB02 A8AB5<K >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 <>3CB 2E>48BL ?>4A8AB5<K (A8AB5<K), >@85=B8@>20==K5 =0 @5H5=85 ;>:0;L=KE 7040G 2 40==>9 AD5@5. * * * 50;870F8O ?5@2>>G5@54=KE <5@>?@8OB89 ?> >15A?5G5=8N 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88, ?5@5G8A;5==KE 2 =0AB>OI59 >:B@8=5, ?@54?>;0305B @07@01>B:C A>>B25BAB2CNI59 D545@0;L=>9 ?@>3@0<<K. >=:@5B870F8O =5:>B>@KE ?>;>65=89 =0AB>OI59 >:B@8=K ?@8<5=8B5;L=> : >B45;L=K< AD5@0< 45OB5;L=>AB8 >1I5AB20 8 3>AC40@AB20 <>65B 1KBL >ACI5AB2;5=0 2 A>>B25BAB2CNI8E 4>:C<5=B0E, CB25@6405<KE @57845=B>< >AA89A:>9 $545@0F88. @8;>65=85 3. $545@0;L=0O F5;520O ?@>3@0<<0 ($&) -;5:B@>==0O >AA8O (2002-2010 3>4K) #B25@645=0 ?>AB0=>2;5=85< @028B5;LAB20 >AA89A:>9 $545@0F88 >B 28 O=20@O 2002 3. ! 65 1. !>45@60=85 ?@>1;5<K 8 >1>A=>20=85 =5>1E>48<>AB8 55 @5H5=8O ?@>3@0<<=K<8 <5B>40<8 0728B85 8 H8@>:>5 ?@8<5=5=85 8=D>@<0F8>==KE 8 :><<C=8:0F8>==KE B5E=>;>389 (40;55 8<5=CNBAO - ") O2;O5BAO 3;>10;L=>9 B5=45=F859 <8@>2>3> @0728B8O 8 =0CG=>-B5E=8G5A:>9 @52>;NF88 ?>A;54=8E 45AOB8;5B89. @8<5=5=85 " 8<55B @5H0NI55 7=0G5=85 4;O ?>2KH5=8O :>=:C@5=B>A?>A>1=>AB8 M:>=><8:8, @0AH8@5=8O 2>7<>6=>AB59 55 8=B53@0F88 2 <8@>2CN A8AB5<C E>7O9AB20, ?>2KH5=8O MDD5:B82=>AB8 3>AC40@AB25==>3> C?@02;5=8O 8 <5AB=>3> A0<>C?@02;5=8O. 06=K< @57C;LB0B>< @0A?@>AB@0=5=8O " 8 ?@>=8:=>25=8O 8E 2> 2A5 AD5@K >1I5AB25==>9 687=8 O2;O5BAO A>740=85 ?@02>2KE, >@30=870F8>==KE 8 B5E=>;>38G5A:8E CA;>289 4;O @0728B8O 45<>:@0B88 70 AG5B @50;L=>3> >15A?5G5=8O ?@02 3@0640= =0 A2>1>4=K9 ?>8A:, ?>;CG5=85, ?5@540GC, ?@>872>4AB2> 8 @0A?@>AB@0=5=85 8=D>@<0F88. 5A<>B@O =0 2KA>:85 B5<?K @0728B8O " 2 ?>A;54=55 45AOB8;5B85, >AA8O =5 A<>3;0 A>:@0B8BL >BAB020=85 >B ?@><KH;5==> @0728BKE AB@0= 2 C@>2=5 8=D>@<0B870F88 M:>=><8:8 8 >1I5AB20. BG0AB8 B0:>5 ?>;>65=85 2K720=> >1I5M:>=><8G5A:8<8 ?@8G8=0<8 (4;8B5;L=K9 :@878A 2 M:>=><8:5, =87:89 C@>25=L <0B5@80;L=>3> 1;03>A>AB>O=8O 1>;LH8=AB20 =0A5;5=8O). <5AB5 A B5< =54>AB0B>G=>5 @0728B85 " 2 >AA88 CAC3C1;O5BAO F5;K< @O4>< D0:B>@>2, A>740NI8E ?@5?OBAB28O 4;O H8@>:>3> 2=54@5=8O 8 MDD5:B82=>3> 8A?>;L7>20=8O " 2 M:>=><8:5, @0728B8O ?@>872>4AB20 2 AD5@5 ".  G8A;C B0:8E =530B82=KE D0:B>@>2 >B=>AOBAO: =5A>25@H5==0O =>@<0B82=0O ?@02>20O 1070, @07@010BK202H0OAO 157 CG5B0 2>7<>6=>AB59 A>2@5<5==KE "; =54>AB0B>G=>5 @0728B85 " 2 >1;0AB8 3>AC40@AB25==>3> C?@02;5=8O, =53>B>2=>ABL >@30=>2 3>AC40@AB25==>9 2;0AB8 : ?@8<5=5=8N MDD5:B82=KE B5E=>;>389 C?@02;5=8O 8 >@30=870F88 2708<>459AB28O A 3@0640=0<8 8 E>7O9AB2CNI8<8 AC1J5:B0<8; >BACBAB285 F5;>AB=>9 8=D>@<0F8>==>9 8=D@0AB@C:BC@K 8 MDD5:B82=>9 8=D>@<0F8>==>9 ?>445@6:8 @K=:>2 B>20@>2 8 CA;C3, 2 B>< G8A;5 2 AD5@5 M;5:B@>==>9 B>@3>2;8; =54>AB0B>G=K9 C@>25=L ?>43>B>2:8 :04@>2 2 >1;0AB8 A>740=8O 8 8A?>;L7>20=8O "; 10@L5@K, 2>7=8:0NI85 87-70 =54>AB0B:>2 2 @53C;8@>20=88 M:>=><8G5A:>9 45OB5;L=>AB8 ?@8 2KE>45 @>AA89A:8E ?@54?@8OB89 8 4@C38E >@30=870F89 AD5@K " =0 @>AA89A:89 8 <8@>2>9 @K=:8; 2KA>:89 C@>25=L <>=>?>;870F88 A5B59 A2O78, A>740NI89 10@L5@K =0 ?CB8 8E 8A?>;L7>20=8O 8 ?@82>4OI89 : ?5@5:>A0< 2 B0@8D=>9 ?>;8B8:5. @>F5AAK 8=D>@<0B870F88 C65 0:B82=> 84CB =0 2A5E C@>2=OE, <=>385 <5@>?@8OB8O, =0?@02;5==K5 =0 @0728B85 ", @50;87CNBAO 8;8 ?;0=8@CNBAO : @50;870F88 2 @0<:0E D545@0;L=KE, @538>=0;L=KE 8 254><AB25==KE ?@>3@0<<. $545@0;L=0O F5;520O ?@>3@0<<0 -;5:B@>==0O >AA8O (2002-20103>4K) (40;558<5=C5BAO - @>3@0<<0) 4>;6=0 >15A?5G8BL D>@<8@>20=85 =>@<0B82=>9 ?@02>2>9 107K 2 AD5@5 ", @0728B85 8=D>@<0F8>==>9 8 B5;5:><<C=8:0F8>==>9 8=D@0AB@C:BC@K, AD>@<8@>20BL CA;>28O 4;O ?>4:;NG5=8O : >B:@KBK< 8=D>@<0F8>==K< A8AB5<0< (2 B>< G8A;5 ?>A@54AB2>< A5B8 =B5@=5B), 0 B0:65 >15A?5G8BL MDD5:B82=>5 2708<>459AB285 >@30=>2 3>AC40@AB25==>9 2;0AB8 8 >@30=>2 <5AB=>3> A0<>C?@02;5=8O A 3@0640=0<8 8 E>7O9AB2CNI8<8 AC1J5:B0<8 =0 >A=>25 H8@>:>3> 2=54@5=8O ".  ?@>F5AA5 2K?>;=5=8O @>3@0<<K 1C4CB >?@545;OBLAO >1I85 =0?@02;5=8O @0728B8O " (>A=>2=K5 ?@8=F8?K, AB0=40@BK 8 B8?>2K5 @5H5=8O ?> @50;870F88 @07;8G=KE ?@>5:B>2) :0: >4=>3> 87 >A=>2=KE =0?@02;5=89 A>F80;L=>-M:>=><8G5A:>3> @0728B8O AB@0=K. 2. &5;8, 7040G8, A@>:8 8 MB0?K @50;870F88 @>3@0<<K A=>2=K<8 F5;O<8 @>3@0<<K O2;ONBAO A>740=85 CA;>289 4;O @0728B8O 45<>:@0B88, ?>2KH5=85 MDD5:B82=>AB8 DC=:F8>=8@>20=8O M:>=><8:8, 3>AC40@AB25==>3> C?@02;5=8O 8 <5AB=>3> A0<>C?@02;5=8O 70 AG5B 2=54@5=8O 8 <0AA>2>3> @0A?@>AB@0=5=8O ", >15A?5G5=8O ?@02 =0 A2>1>4=K9 ?>8A:, ?>;CG5=85, ?5@540GC, ?@>872>4AB2> 8 @0A?@>AB@0=5=85 8=D>@<0F88, @0AH8@5=8O ?>43>B>2:8 A?5F80;8AB>2 ?> " 8 :20;8D8F8@>20==KE ?>;L7>20B5;59. 50;870F8O @>3@0<<K ?>72>;8B: MDD5:B82=> 8A?>;L7>20BL 8=B5;;5:BC0;L=K9 8 :04@>2K9 ?>B5=F80; >AA88 2 AD5@5 "; >15A?5G8BL 30@<>=8G=>5 2E>645=85 >AA88 2 <8@>2CN M:>=><8:C =0 >A=>25 :>>?5@0F88 8 8=D>@<0F8>==>9 >B:@KB>AB8; ?@5>4>;5BL >BAB020=85 >AA88 >B @0728BKE AB@0= 2 C@>2=5 8A?>;L7>20=8O 8 @0728B8O "; >15A?5G8BL @02=>?@02=>5 2E>645=85 3@0640= >AA88 2 3;>10;L=>5 8=D>@<0F8>==>5 A>>1I5AB2> =0 >A=>25 A>1;N45=8O ?@02 G5;>25:0, 2 B>< G8A;5 ?@020 =0 A2>1>4=K9 ?>8A:, ?>;CG5=85, ?5@540GC, ?@>872>4AB2> 8 @0A?@>AB@0=5=85 8=D>@<0F88, 0 B0:65 ?@020 =0 >15A?5G5=85 :>=D845=F80;L=>AB8 ;N1>9 >E@0=O5<>9 70:>=>< 8=D>@<0F88, 8<5NI59AO 2 8=D>@<0F8>==KE A8AB5<0E. ;O 4>AB865=8O F5;59 @>3@0<<K =5>1E>48<> @5H8BL A;54CNI85 7040G8: AD>@<8@>20BL MDD5:B82=CN =>@<0B82=CN ?@02>2CN 107C 2 AD5@5 ", @53C;8@CNICN 2 B>< G8A;5 2>?@>AK >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 8 @50;870F88 ?@02, 30@0=B8@>20==KE >=AB8BCF859 >AA89A:>9 $545@0F88; ?>2KA8BL MDD5:B82=>ABL 2708<>459AB28O >@30=>2 3>AC40@AB25==>9 2;0AB8 8 >@30=>2 <5AB=>3> A0<>C?@02;5=8O :0: <564C A>1>9, B0: 8 A E>7O9AB2CNI8<8 AC1J5:B0<8 8 3@0640=0<8 =0 >A=>25 8A?>;L7>20=8O A>2@5<5==KE "; >15A?5G8BL CA;>28O 4;O ?>2KH5=8O MDD5:B82=>AB8 8 1>;55 H8@>:>3> 8A?>;L7>20=8O " 2 M:>=><8G5A:>9 8 A>F80;L=>9 AD5@5; ?>2KA8BL C@>25=L ?>43>B>2:8 8 ?5@5?>43>B>2:8 :04@>2 70 AG5B A>25@H5=AB2>20=8O >1@07>20=8O =0 1075 "; A>459AB2>20BL @0728B8N =57028A8<KE A@54AB2 <0AA>2>9 8=D>@<0F88 ?>A@54AB2>< AB8<C;8@>20=8O 2=54@5=8O " 2 8E 45OB5;L=>ABL; A>459AB2>20BL @0728B8N B5;5:><<C=8:0F8>==>9 8=D@0AB@C:BC@K 8 2>7<>6=>AB59 ?>4:;NG5=8O : >B:@KBK< 8=D>@<0F8>==K< A8AB5<0< 4;O 3@0640= 8 E>7O9AB2CNI8E AC1J5:B>2, 0 B0:65 ACI5AB25==> ?>2KA8BL :0G5AB2> ?@54>AB02;O5<KE CA;C3 2 MB>9 >1;0AB8; AD>@<8@>20BL 548=CN 8=D>@<0F8>==CN 8 B5;5:><<C=8:0F8>==CN 8=D@0AB@C:BC@C, =5>1E>48<CN 4;O A>25@H5=AB2>20=8O @01>BK >@30=>2 3>AC40@AB25==>9 2;0AB8 8 >@30=>2 <5AB=>3> A0<>C?@02;5=8O, ?@54?@8OB89 8 4@C38E >@30=870F89; AD>@<8@>20BL CA;>28O, =5>1E>48<K5 4;O H8@>:>3> 8A?>;L7>20=8O =0 B>20@=KE @K=:0E >AA88 <5E0=87<>2 M;5:B@>==>9 B>@3>2;8, A?>A>1AB2CNI8E CA:>@5=8N ?@>42865=8O B>20@>2 (CA;C3), ?>445@60=8N AB018;L=>3> 2>A?@>872>4AB20, C4>2;5B2>@5=8N =C64 ?>B@518B5;59 8 ?>2KH5=8N MDD5:B82=>AB8 C?@02;5=8O ?>AB02:0<8 ?@>4C:F88 4;O D545@0;L=KE 3>AC40@AB25==KE =C64. &5;8 8 7040G8 @>3@0<<K >?@545;5=K A CG5B>< !B@0B5388 A>F80;L=>-M:>=><8G5A:>3> @0728B8O >AA88 =0 ?5@8>4 4> 20103>40, >A=>2=KE ?>;>65=89 :8=02A:>9 E0@B88 3;>10;L=>3> 8=D>@<0F8>==>3> >1I5AB20, ?@8=OB>9 =0 A>25I0=88 @C??K 2>AL<8 228N;O 20003. =0 >AB@>25 :8=020, >=F5?F88 D>@<8@>20=8O 8 @0728B8O 548=>3> 8=D>@<0F8>==>3> ?@>AB@0=AB20 >AA88 8 A>>B25BAB2CNI8E 3>AC40@AB25==KE 8=D>@<0F8>==KE @5AC@A>2, >:B@8=K 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88. 5@2K9 MB0? @50;870F88 @>3@0<<K (2002 3>4) 0 ?5@2>< MB0?5 D>@<8@CNBAO ?@54?>AK;:8 4;O @50;870F88 <5@>?@8OB89 @>3@0<<K. -B> ?@54?>;0305B ?@>2545=85 0=0;870 =>@<0B82=>9 ?@02>2>9 107K A F5;LN 2KO2;5=8O :;NG52KE ?@>1;5<, ?@5?OBAB2CNI8E H8@>:><C 2=54@5=8N ", 87CG5=85 C@>2=O 8=D>@<0B870F88 M:>=><8:8, 0=0;87 MDD5:B82=>AB8 @0AE>4>20=8O 1N465B=KE A@54AB2, 2K45;O5<KE =0 8=D>@<0B870F8N, ?@>2545=85 ?>;=>3> CG5B0 3>AC40@AB25==KE 8=D>@<0F8>==KE @5AC@A>2, 0=0;87 70@C156=>3> >?KB0 @50;870F88 ?>4>1=KE ?@>3@0<<, 87CG5=85 >?KB0 @01>BK 2 AD5@5 " @07;8G=KE >@30=870F89.  E>45 ?5@2>3> MB0?0 4>;6=K 1KBL AD>@<8@>20=K A8AB5<K <>=8B>@8=30: <8@>2KE B5=45=F89 @0728B8O " 8 8E 8A?>;L7>20=8O 2 A>F80;L=>-M:>=><8G5A:>9 AD5@5; C@>2=O @0A?@>AB@0=5=8O " 2 AB@0=5; MDD5:B82=>AB8 @0AE>4>20=8O 1N465B=KE A@54AB2 2 AD5@5 8=D>@<0B870F88; MDD5:B82=>AB8 8A?>;L7>20=8O ", 8=D>@<0F8>==KE @5AC@A>2 2 >@30=0E 3>AC40@AB25==>9 2;0AB8 8 1N465B=KE >@30=870F8OE, >15A?5G5==>AB8 8E B5E=8G5A:8<8 A@54AB20<8 >1@01>B:8 8=D>@<0F88 8 A@54AB20<8 A2O78; MDD5:B82=>AB8 459AB2CNI59 =>@<0B82=>9 ?@02>2>9 107K, @53C;8@CNI59 8A?>;L7>20=85 ", 2 B>< G8A;5 2 A>F80;L=>-M:>=><8G5A:>9 AD5@5. 0@O4C A D>@<8@>20=85< ?@54?>AK;>: 4;O @50;870F88 @>3@0<<K =0 ?5@2>< MB0?5 1C45B ?>43>B>2;5= ?0:5B 70:>=>?@>5:B>2, =0?@02;5==KE =0 @5H5=85 ?@>1;5<, A2O70==KE A A>740=85< 8 @0A?@>AB@0=5=85< M;5:B@>==KE 4>:C<5=B>2, @0728B85< M;5:B@>==>9 B>@3>2;8, A=865=85< 04<8=8AB@0B82=KE 10@L5@>2, ?@5?OBAB2CNI8E 2KE>4C @>AA89A:8E >@30=870F89 =0 @K=:8 ", 30@<>=870F859 70:>=>40B5;LAB20 >AA89A:>9 $545@0F88 2 AD5@5 " A ?>;>65=8O<8 <564C=0@>4=KE :>=25=F89 8 70:>=>40B5;LAB2>< AB@0= 2@>?59A:>3> A>N70. 0G=CB @50;87>2K20BLAO >?KB=K5 ?@>5:BK ?> ?5@5E>4C : M;5:B@>==><C 4>:C<5=B>>1>@>BC 2 >@30=0E 3>AC40@AB25==>9 2;0AB8 8 >@30=0E <5AB=>3> A0<>C?@02;5=8O, @0728B8N B5;5:><<C=8:0F8>==>9 8=D@0AB@C:BC@K 8 ?>4:;NG5=8N : :><?LNB5@=K< A5BO< >@30=>2 3>AC40@AB25==>9 2;0AB8, >@30=>2 <5AB=>3> A0<>C?@02;5=8O 8 1N465B=KE >@30=870F89, @0728B8N A8AB5<K M;5:B@>==>9 B>@3>2;8 8 ?>445@6:8 @K=:0 B>20@>2 (CA;C3), @0728B8N A8AB5<K ?>43>B>2:8 A?5F80;8AB>2 4;O AD5@K " 8 :20;8D8F8@>20==KE ?>;L7>20B5;59. C45B >ACI5AB2;5=0 ?>43>B>28B5;L=0O @01>B0 8 =0G0B> >ACI5AB2;5=85 >?KB=KE ?@>5:B>2 ?> ?>4:;NG5=8N : :><?LNB5@=K< A5BO< >@30=>2 3>AC40@AB25==>9 2;0AB8, >@30=>2 <5AB=>3> A0<>C?@02;5=8O 8 1N465B=KE >@30=870F89, A>740=8N >1I5AB25==KE ?C=:B>2 ?>4:;NG5=8O : >1I54>ABC?=K< 8=D>@<0F8>==K< A8AB5<0<. 0G=5BAO @07@01>B:0 8 @50;870F8O ?@>3@0<<K ?>43>B>2:8 8 ?5@5?>43>B>2:8 :04@>2 ?> " 4;O 3>AC40@AB25==>9 8 <C=8F8?0;L=>9 A;C61K, 8 ?@5645 2A53> 87 G8A;0 @01>B=8:>2 1N465B=KE >@30=870F89, ?@54AB028B5;59 A@54AB2 <0AA>2>9 8=D>@<0F88, 157@01>B=KE 8 A>F80;L=> =5 70I8I5==KE 3@0640=. B>@>9 MB0? @50;870F88 @>3@0<<K (2003-2004 3>4K) 0 2B>@>< MB0?5 =0 >A=>25 ?@>2545==KE 8AA;54>20=89, @07@01>B0==KE :>=F5?F89 8 AD>@<8@>20==>9 =>@<0B82=>9 ?@02>2>9 107K 1C4CB @50;87>20=K ?@>5:BK, >15A?5G820NI85 2708<>459AB285 >@30=>2 3>AC40@AB25==>9 2;0AB8 8 >@30=>2 <5AB=>3> A0<>C?@02;5=8O A 3@0640=0<8 8 E>7O9AB2CNI8<8 AC1J5:B0<8 2 AD5@5 =0;>3>>1;>65=8O, ?> 2>?@>A0< >D>@<;5=8O B0<>65==>9 4>:C<5=B0F88, @538AB@0F88 8 ;8:2840F88 N@848G5A:8E ;8F, 2K40G8 ;8F5=789 8 A5@B8D8:0B>2, ?>43>B>2:8 8 ?@54AB02;5=8O >BG5B=>9 4>:C<5=B0F88, ?@54CA<>B@5==>9 70:>=>40B5;LAB2>< >AA89A:>9 $545@0F88 >1 0:F8>=5@=KE >1I5AB20E, @K=:5 F5==KE 1C<03 8 ?>AB02:0E ?@>4C:F88 4;O D545@0;L=KE 3>AC40@AB25==KE =C64.  @0<:0E @>3@0<<K =0<5G5=0 @50;870F8O :><?;5:A0 <5@>?@8OB89 ?> 2=54@5=8N " 2 >@30=870F8OE 3>AC40@AB25==>3> A5:B>@0 M:>=><8:8 A F5;LN A>740=8O A8AB5<K <>=8B>@8=30 8E D8=0=A>2>-M:>=><8G5A:>9 45OB5;L=>AB8, @50;870F88 >?KB=KE ?@>5:B>2 ?> 2=54@5=8N C=8D8F8@>20==KE 8=D>@<0F8>==KE A8AB5< 4;O ?@54?@8OB89 >1>@>==>-?@><KH;5==>3> :><?;5:A0. C4CB A>740=K ?@54?>AK;:8 4;O >15A?5G5=8O ?5@540G8 =0E>4OI8EAO 2 3>AC40@AB25==>9 A>1AB25==>AB8 ?5@54>2KE " >@30=870F8O< 3@0640=A:>9 AD5@K, A>740=K B5E=>?0@:8 :0: F5=B@K @0728B8O 8==>20F8>==>3> ?@54?@8=8<0B5;LAB20 2 AD5@5 ". 0 MB>< MB0?5 1C45B A>740=0 >A=>20 548=>9 8=D>@<0F8>==>9 8 B5;5:><<C=8:0F8>==>9 8=D@0AB@C:BC@K 4;O >@30=>2 3>AC40@AB25==>9 2;0AB8 8 >@30=>2 <5AB=>3> A0<>C?@02;5=8O, 1N465B=KE 8 =5:><<5@G5A:8E >@30=870F89, A8AB5<K M;5:B@>==>9 B>@3>2;8 2 AD5@5 ?>AB02>: ?@>4C:F88 4;O D545@0;L=KE 3>AC40@AB25==KE =C64 8 4;O >1I5AB25==KE ?C=:B>2 ?>4:;NG5=8O : >1I54>ABC?=K< 8=D>@<0F8>==K< A8AB5<0<. C45B A>740=0 A>2@5<5==0O <0B5@80;L=>-B5E=8G5A:0O 1070 4;O ?>43>B>2:8 2 254CI8E >1@07>20B5;L=KE CG@5645=8OE AB@0=K A?5F80;8AB>2 2 AD5@5 " 8 ACI5AB25==> C25;8G5=> G8A;> 8E 2K?CA:=8:>2. @>4>;68BAO A>25@H5=AB2>20=85 =>@<0B82=>9 ?@02>2>9 107K 2 AD5@5 ". C45B @0725@=CB0 45OB5;L=>ABL ?> ?@>42865=8N @>AA89A:8E B>20@>2 8 CA;C3 2 AD5@5 " =0 <8@>2>< @K=:5. "@5B89 MB0? @50;870F88 @>3@0<<K (2005-2010 3>4K) 0 B@5BL5< MB0?5 1C4CB A>740=K ?@54?>AK;:8 4;O <0AA>2>3> @0A?@>AB@0=5=8O " 2> 2A5E AD5@0E >1I5AB25==>9 45OB5;L=>AB8 =0 >A=>25 548=>9 8=D>@<0F8>==>9 8 B5;5:><<C=8:0F8>==>9 8=D@0AB@C:BC@K 8 8A?>;L7>20=8O A8AB5<K M;5:B@>==>9 B>@3>2;8. C45B >15A?5G5=> :><?;5:A=>5 2=54@5=85 A8AB5<K M;5:B@>==>9 B>@3>2;8 2 AD5@5 ?>AB02>: ?@>4C:F88 4;O 3>AC40@AB25==KE =C64 =0 D545@0;L=>< C@>2=5 8 C@>2=5 AC1J5:B>2 >AA89A:>9 $545@0F88, AB0=40@B87>20==>3> M;5:B@>==>3> 4>:C<5=B>>1>@>B0 8 A8AB5< >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8. 0 MB>< MB0?5 1C45B 7025@H5=> D>@<8@>20=85 548=>9 8=D>@<0F8>==>9 8 B5;5:><<C=8:0F8>==>9 8=D@0AB@C:BC@K 4;O >@30=>2 3>AC40@AB25==>9 2;0AB8 8 >@30=>2 <5AB=>3> A0<>C?@02;5=8O, 1N465B=KE 8 =5:><<5@G5A:8E >@30=870F89, >1I5AB25==KE ?C=:B>2 ?>4:;NG5=8O : >1I54>ABC?=K< 8=D>@<0F8>==K< A8AB5<0<.  @57C;LB0B5 A>740=8O MDD5:B82=>9 A8AB5<K ?@02>2>3> @53C;8@>20=8O, DC=:F8>=8@>20=8O 548=>9 8=D>@<0F8>==>9 8 B5;5:><<C=8:0F8>==>9 8=D@0AB@C:BC@K, A>25@H5=AB2>20=8O A8AB5<K 3>AC40@AB25==>3> C?@02;5=8O 8 ?>43>B>2:8 :04@>2 2 AD5@5 " 1C4CB AD>@<8@>20=K ?@54?>AK;:8 4;O AB@C:BC@=>9 ?5@5AB@>9:8 M:>=><8:8. 3. !8AB5<0 ?@>3@0<<=KE <5@>?@8OB89  @>3@0<<5 ?@54CA<0B@8205BAO @50;870F8O <5@>?@8OB89 ?> 452OB8 >A=>2=K< =0?@02;5=8O<. !>25@H5=AB2>20=85 70:>=>40B5;LAB20 8 A8AB5<K 3>AC40@AB25==>3> @53C;8@>20=8O 2 AD5@5 " &5;LN <5@>?@8OB89 MB>3> =0?@02;5=8O O2;O5BAO A>740=85 ?@02>2KE ?@54?>AK;>: 4;O H8@>:>3> 8A?>;L7>20=8O " 2> 2A5E AD5@0E >1I5AB25==>9 687=8, 2 M:>=><8:5, 2> 2708<>>B=>H5=8OE >@30=>2 3>AC40@AB25==>9 2;0AB8 8 <5AB=>3> A0<>C?@02;5=8O A 3@0640=0<8 8 >@30=870F8O<8. A=>2=K<8 7040G0<8, @50;87C5<K<8 2 @0<:0E 40==>3> =0?@02;5=8O, O2;ONBAO A>740=85 ?@02>2>9 107K 4;O @5H5=8O ?@>1;5<, A2O70==KE A ?@>872>4AB2>< 8 @0A?@>AB@0=5=85< 4>:C<5=B>2 2 M;5:B@>==>9 F8D@>2>9 D>@<5, A=865=85< 04<8=8AB@0B82=KE 10@L5@>2 8 >3@0=8G5=89, ?@5?OBAB2CNI8E 2KE>4C >@30=870F89 >AA88 =0 @K=:8 ", >15A?5G5=85 @02=KE ?@02 =0 ?>;CG5=85 8=D>@<0F88 87 2A5E >1I54>ABC?=KE 8=D>@<0F8>==KE A8AB5<, CA8;5=85 :>=B@>;O F5;5A>>1@07=>AB8 ;N1>3> @0AH8@5=8O ?5@5G=O B@51>20=89 : E>7O9AB2CNI8< AC1J5:B0< A> AB>@>=K 3>AC40@AB25==KE 8 <5AB=KE >@30=>2 8A?>;=8B5;L=>9 2;0AB8, ?@8<5=5=85 A@54AB2 :@8?B>3@0D88 2 AD5@5 3@0640=A:>-?@02>2KE >B=>H5=89. @02>2>5 @53C;8@>20=85 " 1C45B >A=>2K20BLAO =0 A;54CNI8E ?@8=F8?0E: >15A?5G5=85 548=AB20 8=D>@<0F8>==>3> ?@>AB@0=AB20 =0 B5@@8B>@88 >AA89A:>9 $545@0F88, ;8:2840F8O @538>=0;L=KE 8 254><AB25==KE 10@L5@>2 =0 ?CB8 @0A?@>AB@0=5=8O 8=D>@<0F88; >15A?5G5=85 15A?@5?OBAB25==>9 8=B53@0F88 >AA89A:>9 $545@0F88 2 <564C=0@>4=K5 A8AB5<K 8=D>@<0F8>==>3> >1<5=0; >15A?5G5=85 ?@020 :064>3> =0 A2>1>4=>5 ?>;CG5=85 8=D>@<0F88 87 >1I54>ABC?=KE 8=D>@<0F8>==KE A8AB5<; 3;0A=>ABL 8 >B:@KB>ABL @07@01>B:8 @53C;8@CNI8E =>@< ?CB5< ?@82;5G5=8O >1I5AB25==>AB8 8 ?@54?@8=8<0B5;59 : ?>43>B>2:5 8 >1AC645=8N 8E ?@>5:B>2; 3;0A=>ABL 8 >B:@KB>ABL ?@8 @0AA<>B@5=88 70O2;5=89 =0 ?>;CG5=85 ;8F5=789 8 A5@B8D8:0B>2, >1I5AB25==K9 :>=B@>;L 70 >1>A=>20==>ABLN 8E 2K40G8 8;8 >B:070 2 2K40G5; A>740=85 @02=KE CA;>289 8 CAB@0=5=85 <>=>?>;87<0 2 AD5@5 "; A>740=85 ?@02>2KE CA;>289 4;O 8A?>;L7>20=8O M;5:B@>==KE 4>:C<5=B>2 2 3>AC40@AB25==>< C?@02;5=88 8 3@0640=A:>-?@02>2>9 AD5@5; ?@02>2>5 @5H5=85 ?@>1;5<, A2O70==KE A ?@>2545=85< >?5@0B82=>-@07KA:=>9 45OB5;L=>AB8 2 :><?LNB5@=KE A5BOE; C?@>I5=85 ?@>F54C@ M:A?>@B0 2KA>:>B5E=>;>38G=>9 ?@>4C:F88, ?@>872>48<>9 2 AD5@5 "; :><?;5:A=K9 ?>4E>4 : A>25@H5=AB2>20=8N 70:>=>40B5;LAB20 >AA89A:>9 $545@0F88 2 AD5@5 " 8 53> 30@<>=870F8O A ?>;>65=8O<8 <564C=0@>4=KE :>=25=F89 8 70:>=>40B5;LAB2>< 3>AC40@AB2 ( G;5=>2 2@>?59A:>3> A>N70. 15A?5G5=85 >B:@KB>AB8 2 45OB5;L=>AB8 >@30=>2 3>AC40@AB25==>9 2;0AB8 8 >1I54>ABC?=>AB8 3>AC40@AB25==KE 8=D>@<0F8>==KE @5AC@A>2, A>740=85 CA;>289 4;O MDD5:B82=>3> 2708<>459AB28O <564C >@30=0<8 3>AC40@AB25==>9 2;0AB8 8 3@0640=0<8 =0 >A=>25 8A?>;L7>20=8O " A=>2=K<8 7040G0<8 MB>3> =0?@02;5=8O O2;ONBAO @0AH8@5=85 >1J5<0 8=D>@<0F88 8 ?5@5G=O 8=D>@<0F8>==KE CA;C3, ?@54>AB02;O5<KE 3@0640=0< 8 E>7O9AB2CNI8< AC1J5:B0< >@30=0<8 3>AC40@AB25==>9 2;0AB8 8 >@30=0<8 <5AB=>3> A0<>C?@02;5=8O, D>@<8@>20=85 <5E0=87<0 >1I5AB25==>3> :>=B@>;O 8E 45OB5;L=>AB8. 5H5=85 MB8E 7040G 1C45B >A=>20=> =0 A;54CNI8E ?@8=F8?0E: >B:@KB>ABL 45OB5;L=>AB8 >@30=>2 3>AC40@AB25==>9 2;0AB8 8 >1I54>ABC?=>ABL 3>AC40@AB25==KE 8=D>@<0F8>==KE @5AC@A>2; >15A?5G5=85 >?5@0B82=>3> 8=D>@<0F8>==>3> 2708<>459AB28O 3@0640= 8 >@30=>2 3>AC40@AB25==>9 2;0AB8, ?>2KH5=85 4>25@8O 3@0640= : 3>AC40@AB2C; >B:@KB>ABL ?@>F54C@, A2O70==KE A ?@>2545=85< :>=:C@A>2 =0 @07<5I5=85 70:07>2 =0 ?>AB02:8 B>20@>2, 2K?>;=5=85 @01>B 8 >:070=85 CA;C3 4;O D545@0;L=KE 3>AC40@AB25==KE =C64. A?>;L7>20=85 " 2 @01>B5 >@30=>2 3>AC40@AB25==>9 2;0AB8 ?>72>;8B @0AH8@8BL >1J5< >B:@KB>9 8=D>@<0F88 > 45OB5;L=>AB8 MB8E >@30=>2 8 >15A?5G8BL 3@0640=0< 2>7<>6=>ABL 55 >?5@0B82=>3> ?>;CG5=8O 87 8=D>@<0F8>==KE A8AB5<, 2 B>< G8A;5 ?> B0:8< 206=K< 2>?@>A0<, :0: 70:>=>?@>5:B=0O 45OB5;L=>ABL, 1N465B=K9 ?@>F5AA, 70:C?:8 ?@>4C:F88 4;O D545@0;L=KE 3>AC40@AB25==KE =C64, C?@02;5=85 3>AC40@AB25==>9 A>1AB25==>ABLN, :>=:C@A=>5 70<5I5=85 20:0=B=KE 4>;6=>AB59. !>25@H5=AB2>20=85 45OB5;L=>AB8 >@30=>2 3>AC40@AB25==>9 2;0AB8 8 >@30=>2 <5AB=>3> A0<>C?@02;5=8O =0 >A=>25 8A?>;L7>20=8O " A=>2=>9 7040G59 <5@>?@8OB89 40==>3> =0?@02;5=8O O2;O5BAO ?>2KH5=85 MDD5:B82=>AB8 @01>BK >@30=>2 3>AC40@AB25==>9 2;0AB8 8 >@30=>2 <5AB=>3> A0<>C?@02;5=8O ?CB5< >15A?5G5=8O A>2<5AB8<>AB8 AB0=40@B>2 E@0=5=8O 8=D>@<0F88 8 4>:C<5=B>>1>@>B0, ?>4:;NG5=8O : :><?LNB5@=K< A5BO< >@30=>2 3>AC40@AB25==>9 2;0AB8 8 >@30=>2 <5AB=>3> A0<>C?@02;5=8O, 1N465B=KE CG@5645=89, @50;870F88 >B@0A;52KE ?@>3@0<< 8=D>@<0B870F88, A>740=8O <56254><AB25==KE 8 <5AB=KE 8=D>@<0F8>==KE A8AB5< 8 107 40==KE. A?>;L7>20=85 " ?>72>;8B >15A?5G8BL @50;870F8N ?@02 3@0640= >AA88 =0 A2>1>4=>5 ?>;CG5=85 >B:@KB>9 8=D>@<0F88 87 8=D>@<0F8>==KE A8AB5<, 0 B0:65 =0 8A?>;L7>20=85 4@C38E CA;C3, ?@54>AB02;O5<KE MB8<8 A8AB5<0<8. A?>;L7>20=85 " 2 45OB5;L=>AB8 >@30=>2 3>AC40@AB25==>9 2;0AB8 8 >@30=>2 <5AB=>3> A0<>C?@02;5=8O 1C45B >ACI5AB2;OBLAO ?> A;54CNI8< =0?@02;5=8O<: @0728B85 A8AB5<K M;5:B@>==>3> 4>:C<5=B>>1>@>B0, ;>:0;L=KE 8=D>@<0F8>==KE A5B59, 8A?>;L7>20=85 AB0=40@B>2 45;>?@>872>4AB20 8 4>:C<5=B>>1>@>B0; ?@58<CI5AB25==>5 8A?>;L7>20=85 0;3>@8B<>2 8 ?@>3@0<< 4;O -, B5:ABK :>B>@KE >B:@KBK 8 >1I54>ABC?=K; @0728B85 A8AB5< <56254><AB25==>3> M;5:B@>==>3> 4>:C<5=B>>1>@>B0, >15A?5G820NI8E A>:@0I5=85 A@>:>2 >1@01>B:8 4>:C<5=B>2; ?>2KH5=85 :0G5AB20 ?@8=8<05<KE C?@02;5=G5A:8E @5H5=89 ?CB5< @0A?@>AB@0=5=8O >?KB0, =0:>?;5==>3> 2 A>F80;L=>-M:>=><8G5A:>9 AD5@5, :>=AC;LB8@>20=8O 8 ?>2KH5=8O :20;8D8:0F88. 50;870F8O @01>B 4>;6=0 A>?@>2>640BLAO :><?;5:A>< >@30=870F8>==KE <5@>?@8OB89, >15A?5G820NI8E :>>@48=0F8N 45OB5;L=>AB8 >@30=>2 2;0AB8 2 AD5@5 8=D>@<0B870F88, @07@01>B:C 8 2=54@5=85 AB0=40@B=KE @5H5=89, MDD5:B82=>5 8A?>;L7>20=85 2K45;O5<KE =0 MB8 F5;8 1N465B=KE A@54AB2. !>25@H5=AB2>20=85 2708<>459AB28O >@30=>2 3>AC40@AB25==>9 2;0AB8 8 >@30=>2 <5AB=>3> A0<>C?@02;5=8O A E>7O9AB2CNI8<8 AC1J5:B0<8 8 2=54@5=85 " 2 @50;L=K9 A5:B>@ M:>=><8:8 5@>?@8OB8O MB>3> =0?@02;5=8O ?@54CA<0B@820NB ?5@52>4 2 M;5:B@>==CN F8D@>2CN D>@<C 1>;LH59 G0AB8 4>:C<5=B>>1>@>B0, >ACI5AB2;O5<>3> <564C E>7O9AB2CNI8<8 AC1J5:B0<8, >@30=0<8 3>AC40@AB25==>9 2;0AB8 8 >@30=0<8 <5AB=>3> A0<>C?@02;5=8O. ;O 4>AB865=8O 40==>9 7040G8 =5>1E>48<>: >15A?5G8BL A>3;0A>20==>ABL 459AB289 >@30=>2 3>AC40@AB25==>9 2;0AB8 8 >@30=>2 <5AB=>3> A0<>C?@02;5=8O 2 ?@>F5AA5 8=D>@<0F8>==>3> >1<5=0; >15A?5G8BL A>2<5AB8<>ABL AB0=40@B>2 >1<5=0 8=D>@<0F859, 4>:C<5=B>>1>@>B0, ?@8=F8?>2 70I8BK 8=D>@<0F88, 8A?>;L7>20=8O M;5:B@>==>9 F8D@>2>9 ?>4?8A8; >?@545;8BL ?>A;54>20B5;L=>ABL ?5@5E>40 : M;5:B@>==><C 4>:C<5=B>>1>@>BC.  AD5@5 A>459AB28O 2=54@5=8N " 2 @50;L=K9 A5:B>@ M:>=><8:8 >A=>2=K<8 7040G0<8 O2;ONBAO: @0728B85 @K=:0 =0CG=>-B5E=8G5A:>9 ?@>4C:F88; >15A?5G5=85 MDD5:B82=>9 ?5@540G8 ", =0E>4OI8EAO 2 3>AC40@AB25==>9 A>1AB25==>AB8, >@30=870F8O< 3@0640=A:>3> A5:B>@0 M:>=><8:8; @0728B85 B5;5:><<C=8:0F8>==>9 8=D@0AB@C:BC@K 8 A>740=85 >1I5AB25==KE ?C=:B>2 ?>4:;NG5=8O : >B:@KBK< 8=D>@<0F8>==K< A8AB5<0<; A>:@0I5=85 8745@65: 4;O 2KE>40 =0 @K=>: " =>2KE E>7O9AB2CNI8E AC1J5:B>2, AB8<C;8@>20=85 2KE>40 @>AA89A:8E ?@>872>48B5;59 =0 <8@>2>9 @K=>: "; AB8<C;8@>20=85 E>7O9AB2CNI8E AC1J5:B>2 : ?>2KH5=8N >B:@KB>AB8 8E 45OB5;L=>AB8.  @0<:0E 40==>3> =0?@02;5=8O @50;87CNBAO 7040G8 ?@8<5=5=8O " 2 >@30=870F8OE 3>AC40@AB25==>3> A5:B>@0, 2 B>< G8A;5 >1>@>==>-?@><KH;5==>3> :><?;5:A0, >4=8< 87 @57C;LB0B>2 G53> 4>;6=> AB0BL @0728B85 A8AB5<K M;5:B@>==>9 B>@3>2;8. 06=CN @>;L 2 @50;870F88 40==>3> =0?@02;5=8O 1C4CB 83@0BL B5E=>?0@:8, A>740205<K5 :0: F5=B@K @0728B8O 8==>20F8>==>3> ?@54?@8=8<0B5;LAB20 2 AD5@5 ".  @0<:0E 40==>3> =0?@02;5=8O ?@54?>;0305BAO @07@01>B:0 8 @50;870F8O :><?;5:A0 <5@ ?> A>459AB28N 2=5H=5M:>=><8G5A:>9 45OB5;L=>AB8, 2:;NG0NI53> D8=0=A8@>20=85 G0AB8 8745@65: @>AA89A:8E ?@54?@8=8<0B5;59 2 AD5@5 " ?@8 2KE>45 =0 <8@>2K5 @K=:8, A>459AB285 ?@>42865=8N ?@>4C:F88 @>AA89A:8E ?@54?@8OB89 8 4@C38E >@30=870F89 =0 MB8 @K=:8, ?@>2545=85 <5@>?@8OB89, ?>?C;O@878@CNI8E >AA89A:CN $545@0F8N :0: ?>AB02I8:0 ?@>4C:F88 8 CA;C3 2 AD5@5 ", CG0AB85 >AA89A:>9 $545@0F88 2 <564C=0@>4=KE <5@>?@8OB8OE 8 ?@>3@0<<0E @0728B8O " 8 AB0=40@B870F88 2 AD5@5 ", ?>445@6:0 ?@>2545=8O :>=D5@5=F89, A8<?>78C<>2, A5<8=0@>2 8 4@C38E >1I5AB25==KE <5@>?@8OB89 ?> 0:BC0;L=K< 2>?@>A0< @0728B8O AD5@K ". @8 @07@01>B:5 8 @50;870F88 <5@ A>459AB28O 2=5H=5M:>=><8G5A:>9 45OB5;L=>AB8 ?@54CA<0B@8205BAO CG0AB85 ?@54?@8=8<0B5;59, 45;>2KE :@C3>2 8 >1I5AB25==KE >@30=870F89, 2E>4OI8E 2 AD5@C ". 0728B85 A8AB5<K ?>43>B>2:8 A?5F80;8AB>2 ?> " 8 :20;8D8F8@>20==KE ?>;L7>20B5;59 5@>?@8OB8O MB>3> =0?@02;5=8O =0F5;5=K =0 A>25@H5=AB2>20=85 A8AB5<K ?>43>B>2:8 A?5F80;8AB>2 4;O @01>BK A A>2@5<5==K<8 ", 55 AB@C:BC@=>5 87<5=5=85, >15A?5G5=85 A>2@5<5==>3> <0B5@80;L=>-B5E=8G5A:>3> >A=0I5=8O CG51=>3> ?@>F5AA0. 5@>?@8OB8O @07@01>B0=K A CG5B>< D545@0;L=>9 F5;52>9 ?@>3@0<<K " 0728B85 548=>9 >1@07>20B5;L=>9 8=D>@<0F8>==>9 A@54K (2001-2005 3>4K)". (8@>:>5 @0728B85 " 8 8E ?@>=8:=>25=85 2> 2A5 AD5@K 687=8 >1I5AB20 B@51C5B ?>43>B>2:8 =5 B>;L:> A>>B25BAB2CNI8E A?5F80;8AB>2 2 @0<:0E ?@>D5AA8>=0;L=KE >1@07>20B5;L=KE ?@>3@0<<, => 8 :20;8D8F8@>20==KE ?>;L7>20B5;59. @8 MB>< =5>1E>48<> ?@>3=>78@>20BL ?>B@51=>AB8 >1I5AB20 2 A?5F80;8AB0E =0 10-15;5B 2?5@54 8 A?>A>1AB2>20BL >@30=870F88 MB>9 @01>BK 2 =0AB>OI55 2@5<O. A=>2=K<8 7040G0<8 40==>3> =0?@02;5=8O O2;ONBAO: A>740=85 2 >B>1@0==KE CG@5645=8OE 2KAH53> ?@>D5AA8>=0;L=>3> >1@07>20=8O A>2@5<5==>9 <5B>48G5A:>9 8 <0B5@80;L=>-B5E=8G5A:>9 107K ?>43>B>2:8 8 ?5@5?>43>B>2:8 A?5F80;8AB>2 4;O AD5@K "; D>@<8@>20=85 =5>1E>48<>9 :04@>2>9, <5B>48G5A:>9 8 <0B5@80;L=>-B5E=8G5A:>9 107K 2 >1@07>20B5;L=KE CG@5645=8OE =0G0;L=>3> 8 A@54=53> ?@>D5AA8>=0;L=>3> >1@07>20=8O; A>740=85 =>@<0B82=>9 ?@02>2>9 107K 8=D>@<0B870F88 >1@07>20=8O 8 @0728B8O A8AB5<K 48AB0=F8>==>3> >1CG5=8O; @0728B85 8=D>@<0F8>==>9 8 B5;5:><<C=8:0F8>==>9 8=D@0AB@C:BC@K 2 CG@5645=8OE A@54=53> 8 2KAH53> ?@>D5AA8>=0;L=>3> >1@07>20=8O; @0728B85 A8AB5<K ?@85<0 =0 @01>BC 8 ?@>42865=8O ?> A;C615 =0 :>=:C@A=>9 >A=>25 A 8A?>;L7>20=85< ". 0G0B0 @07@01>B:0 8 @50;870F8O ?@>3@0<< ?5@5?>43>B>2:8 :04@>2 3>AC40@AB25==>9 8 <C=8F8?0;L=>9 A;C61K, 1N465B=KE >@30=870F89, @0728B8O A@54=53> 8 2KAH53> ?@>D5AA8>=0;L=>3> >1@07>20=8O =0 1075 ".  @57C;LB0B5 @50;870F88 C:070==KE <5@>?@8OB89 1C4CB AD>@<8@>20=K ?@>D5AA8>=0;L=K5 >1@07>20B5;L=K5 ?@>3@0<<K, A>740=K =5>1E>48<K5 4;O 8E @50;870F88 0??0@0B=K5 8 ?@>3@0<<=K5 A@54AB20. !>459AB285 @0728B8N =57028A8<KE A@54AB2 <0AA>2>9 8=D>@<0F88 ?>A@54AB2>< 2=54@5=8O " !>459AB285 @0728B8N =57028A8<KE A@54AB2 <0AA>2>9 8=D>@<0F88 ?@54?>;0305BAO >ACI5AB2;OBL ?>A@54AB2><: >1CG5=8O @01>B=8:>2 A@54AB2 <0AA>2>9 8=D>@<0F88 <5B>40< @01>BK A A>2@5<5==K<8 A@54AB20<8 "; >15A?5G5=8O >1I54>ABC?=>AB8 @>AA89A:8E 8 <564C=0@>4=KE >B:@KBKE 8=D>@<0F8>==KE @5AC@A>2 A ?><>ILN A5B8 =B5@=5B; A>740=8O M;5:B@>==KE 25@A89 @>AA89A:8E A@54AB2 <0AA>2>9 8=D>@<0F88 8 0@E82>2 2 A5B8 =B5@=5B. A?>;L7>20=85 " 2 A@54AB20E <0AA>2>9 8=D>@<0F88 1C45B >ACI5AB2;OBLAO =0 >A=>25 :>=:C@A0 ?@>5:B>2. @8 ?@8=OB88 @5H5=89 > 2K45;5=88 A@54AB2 87 D545@0;L=>3> 1N465B0 4;O @50;870F88 ?>4>1=KE ?@>5:B>2 1C4CB CG8BK20BLAO ?@>D5AA8>=0;L=K9 C@>25=L B2>@G5A:8E :>;;5:B82>2, =0;8G85 >1>A=>20==>3> ?@>5:B0 8A?>;L7>20=8O " 8 CG0AB85 @540:F88 2 D8=0=A8@>20=88 ?@>5:B0. >=:C@AK ?@54?>;0305BAO ?@>2>48BL =0 D545@0;L=>< 8 @538>=0;L=>< C@>2=OE. @8 MB>< 1C45B >15A?5G5=> B5A=>5 2708<>459AB285 A> A;>682H8<8AO 2 40==>9 AD5@5 ?@>D5AA8>=0;L=K<8 >1J548=5=8O<8. 0728B85 B5;5:><<C=8:0F8>==>9 8=D@0AB@C:BC@K 8 A>740=85 ?C=:B>2 ?>4:;NG5=8O : >B:@KBK< 8=D>@<0F8>==K< A8AB5<0< 4=0 87 ?@8=F8?80;L=KE ?@>1;5<, :>B>@CN =5>1E>48<> @5H8BL ?@8 @50;870F88 @>3@0<<K, ( >BACBAB285 2 @O45 @09>=>2 >AA88 =5>1E>48<>9 B5;5:><<C=8:0F8>==>9 8=D@0AB@C:BC@K 8 2KA>:85 B0@8DK =0 ?>4:;NG5=85 : :><?LNB5@=K< A5BO< (2 B>< G8A;5 : A5B8 =B5@=5B). -B> 45;05B >B:@KBK5 8=D>@<0F8>==K5 A8AB5<K =54>ABC?=K<8 4;O 3@0640= A =52KA>:8<8 4>E>40<8, 0 B0:65 ACI5AB25==> >3@0=8G8205B 2>7<>6=>ABL 8E 8A?>;L7>20=8O >1@07>20B5;L=K<8 8 =0CG=K<8 CG@5645=8O<8, CG@5645=8O<8 74@02>>E@0=5=8O 8 :C;LBC@K, 1N465B=K<8 >@30=870F8O<8, <5AB=K<8 A@54AB20<8 <0AA>2>9 8=D>@<0F88, >@30=0<8 3>AC40@AB25==>9 2;0AB8 8 >@30=0<8 <5AB=>3> A0<>C?@02;5=8O. ;O @5H5=8O MB8E 7040G @>3@0<<>9 ?@54CA<0B@820NBAO <5@>?@8OB8O ?> 42C< =0?@02;5=8O<: A>459AB285 @0728B8N >1I59 B5;5:><<C=8:0F8>==>9 8=D@0AB@C:BC@K AB@0=K; A>740=85 ?C=:B>2 ?>4:;NG5=8O : >1I54>ABC?=K< 8=D>@<0F8>==K< A8AB5<0<. 50;870F8O <5@>?@8OB89 ?5@2>3> =0?@02;5=8O 1C45B >15A?5G820BLAO ?@58<CI5AB25==> ?CB5< A=865=8O 04<8=8AB@0B82=KE 10@L5@>2 8 A=OB8O >3@0=8G5=89 4;O ?@54?@8=8<0B5;LA:>9 45OB5;L=>AB8, ?>2KH5=8O :>=:C@5=F88 8 A>740=8O 1;03>?@8OB=KE CA;>289 4;O ?@8B>:0 8=>AB@0==KE 8=25AB8F89 2 AD5@C ". 5@>?@8OB8O 2B>@>3> =0?@02;5=8O ?;0=8@C5BAO >ACI5AB2;OBL ?CB5< D8=0=A8@>20=8O (2 B>< G8A;5 4>;52>3>) 70 AG5B A@54AB2 D545@0;L=>3> 1N465B0 @0728B8O ?C=:B>2 ?>4:;NG5=8O : >1I54>ABC?=K< 8=D>@<0F8>==K< A8AB5<0< >@30=>2 3>AC40@AB25==>9 2;0AB8, 1N465B=KE 8 =5:><<5@G5A:8E >@30=870F89. 0 AG5B A@54AB2 D545@0;L=>3> 1N465B0 ?@54?>;0305BAO D8=0=A8@>20BL ?>4:;NG5=85 : :><?LNB5@=K< A5BO< 8 B5:CI85 @0AE>4K =0 8E 8A?>;L7>20=85 B5@@8B>@80;L=K<8 >@30=0<8 8 ?>4@0745;5=8O<8 D545@0;L=KE >@30=>2 8A?>;=8B5;L=>9 2;0AB8 8 3>AC40@AB25==KE CG@5645=89 D545@0;L=>3> ?>4G8=5=8O. 0 CA;>28OE 4>;52>3> D8=0=A8@>20=8O ?@54CA<0B@8205BAO @50;87>20BL ?@>5:BK ?> ?>4:;NG5=8N : :><?LNB5@=K< A5BO< 8 >?;0B5 B5:CI8E @0AE>4>2 3>AC40@AB25==KE CG@5645=89 AC1J5:B>2 >AA89A:>9 $545@0F88 8 <C=8F8?0;L=KE CG@5645=89, >1@07>20B5;L=KE 8 =0CG=KE CG@5645=89, CG@5645=89 74@02>>E@0=5=8O 8 :C;LBC@K, <5AB=KE A@54AB2 <0AA>2>9 8=D>@<0F88, >1I5AB25==KE ?C=:B>2 ?>4:;NG5=8O : :><?LNB5@=K< A5BO<, 0 B0:65 B5E=>?0@:>2, 459AB2CNI8E 8 A>740205<KE ?@8 C=825@A8B5B0E 8 =0CG=>-?@>872>4AB25==KE F5=B@0E. ;O >15A?5G5=8O ?>4:;NG5=8O : >B:@KBK< 8=D>@<0F8>==K< A8AB5<0< 1C45B <0:A8<0;L=> 8A?>;L7>20BLAO 459AB2CNI0O 8=D@0AB@C:BC@0 B5;5:><<C=8:0F8>==KE A5B59 >AA88, 2 B>< G8A;5 A5BL A2O78 >1I53> ?>;L7>20=8O, 254><AB25==K5 A5B8 A2O78, 0 B0:65 A5B8, A>740==K5 2 A8AB5<5 >1@07>20=8O 8 4;O =0CG=KE F5;59. 07@01>B:0 8 A>740=85 A8AB5<K M;5:B@>==>9 B>@3>2;8 5@>?@8OB8O MB>3> =0?@02;5=8O ?@54CA<0B@820NB A>740=85 A8AB5<K M;5:B@>==>9 B>@3>2;8, 2 B>< G8A;5 4;O >ACI5AB2;5=8O 70:C?>: ?@>4C:F88 4;O D545@0;L=KE 3>AC40@AB25==KE =C64. "0:0O A8AB5<0 ACI5AB25==> ?>2KA8B MDD5:B82=>ABL 8A?>;L7>20=8O A@54AB2 D545@0;L=>3> 1N465B0 8 1N465B>2 AC1J5:B>2 >AA89A:>9 $545@0F88 ?@8 >ACI5AB2;5=88 3>AC40@AB25==KE 70:C?>:, 0 B0:65 A>740AB ?@54?>AK;:8 4;O H8@>:>3> 8A?>;L7>20=8O " 2 ?@>F5AA5 2708<>459AB28O >@30=>2 3>AC40@AB25==>9 2;0AB8 8 E>7O9AB2CNI8E AC1J5:B>2. ;O 2=54@5=8O <5B>4>2 8 B5E=>;>389 M;5:B@>==>9 B>@3>2;8 ?>B@51C5BAO CB>G=8BL 8 4>?>;=8BL ACI5AB2CNICN =>@<0B82=CN ?@02>2CN 107C A CG5B>< <564C=0@>4=KE =>@< 8 ?@8=OBKE >AA859 <564C=0@>4=KE >1O70B5;LAB2 2 AD5@5 B>@3>2;8. ;O 4>AB865=8O MB8E F5;59 =5>1E>48<> A>740BL: 548=CN 8=D>@<0F8>==CN 8=D@0AB@C:BC@C M;5:B@>==>9 B>@3>2;8, 2:;NG0NICN >1I5@>AA89A:CN A8AB5<C 8=D>@<0F8>==>-<0@:5B8=3>2KE F5=B@>2; A8AB5<C M;5:B@>==>9 B>@3>2;8 4;O >ACI5AB2;5=8O 70:C?>: ?@>4C:F88 4;O D545@0;L=KE 3>AC40@AB25==KE =C64; 548=CN 107C 40==KE B>20@>2 8 CA;C3 8 A8AB5<C 55 ?>445@6:8. !>740=85 A8AB5<K M;5:B@>==>9 B>@3>2;8 4;O >ACI5AB2;5=8O 70:C?>: ?@>4C:F88 4;O D545@0;L=KE 3>AC40@AB25==KE =C64 ?>72>;8B 02B><0B878@>20BL MB8 ?@>F5AAK 2> 2A5E D545@0;L=KE >@30=0E 8A?>;=8B5;L=>9 2;0AB8, 7=0G8B5;L=> C<5=LH8BL 8745@6:8 3>AC40@AB25==KE 70:07G8:>2 ?@8 ?@>2545=88 :>=:C@A>2, A>:@0B8BL ?>B5@8 8 7;>C?>B@51;5=8O. @8 MB>< 4;O 3>AC40@AB25==KE 70:07G8:>2 1C4CB A>740=K B8?>2K5 :><?;5:AK 0??0@0B=KE 8 ?@>3@0<<=KE A@54AB2, =5>1E>48<K5 4;O ?@>2545=8O M;5:B@>==>9 B>@3>2;8 ?@8 >ACI5AB2;5=88 70:C?>: ?@>4C:F88 4;O D545@0;L=KE 3>AC40@AB25==KE =C64. 68405BAO, GB> M:>=><8O 1N465B=KE A@54AB2 ?>A;5 2=54@5=8O A8AB5<K A>AB028B ?@8<5@=> 15?@>F5=B>2. !8AB5<0 8=D>@<0F8>==>-<0@:5B8=3>2KE F5=B@>2 A>7405BAO 4;O @5H5=8O A;54CNI8E 7040G: D>@<8@>20=85 548=>3> 8=D>@<0F8>==>3> ?@>AB@0=AB20, >1J548=ONI53> 40==K5 > ?@54;>65=88 8 A?@>A5 ?> 2A59 =><5=:;0BC@5 B>20@>2 8 CA;C3; ?>43>B>2:0 8=D>@<0F8>==>-0=0;8B8G5A:8E <0B5@80;>2 ?> @07;8G=K< 0A?5:B0< A>AB>O=8O ?@54;>65=8O 8 A?@>A0 B>20@>2 8 CA;C3 ?> @538>=0< 8 ?> AB@0=5 2 F5;><; D>@<8@>20=85 CA;>289 4;O 7=0G8B5;L=>3> C25;8G5=8O G8A;0 E>7O9AB2CNI8E AC1J5:B>2 - ?>AB>O==KE ?>;L7>20B5;59 :><?LNB5@=KE A5B59; >15A?5G5=85 8=D>@<0F8>==>9 8 DC=:F8>=0;L=>9 2708<>A2O78 2A5E M;5<5=B>2, 2E>4OI8E 2 A8AB5<C M;5:B@>==>9 B>@3>2;8. !>740=85 A8AB5<K 8=D>@<0F8>==>-<0@:5B8=3>2KE F5=B@>2 1C45B A?>A>1AB2>20BL ?>445@6:5 8 0:BC0;870F88 @07@010BK205<>9 2 @0<:0E 40==>3> =0?@02;5=8O 548=>9 107K 40==KE > ?@>4C:F88 8 CA;C30E, :>B>@0O G5@57 :><?LNB5@=K5 A5B8 1C45B 4>ABC?=0 4;O 2A5E 3@0640=, E>7O9AB2CNI8E AC1J5:B>2 8 >@30=>2 3>AC40@AB25==>9 2;0AB8. $>@<8@>20=85 >1I5AB25==>9 ?>445@6:8 2K?>;=5=8O <5@>?@8OB89 @>3@0<<K  @0<:0E 40==>3> =0?@02;5=8O ?;0=8@C5BAO >ACI5AB28BL A;54CNI85 <5@>?@8OB8O: >@30=870F8O =0CG=>-?@0:B8G5A:8E :>=D5@5=F89 ?> ?@>1;5<0< @0728B8O " 8 8E 8A?>;L7>20=8N 2 M:>=><8:5 >AA88 8 A>F80;L=>-M:>=><8G5A:>9 AD5@5. > 8E @57C;LB0B0< 1C4CB A>AB02;OBLAO @5:><5=40F88 ?> 2=54@5=8N ?@8=OBKE <564C=0@>4=K< A>>1I5AB2>< @5H5=89 2 >1;0AB8 @0728B8O ", >?@545;OBLAO >A=>2=K5 ?5@A?5:B82K 8 ?@>1;5<K @0728B8O " 2 >AA88; @50;870F8O A8AB5<K <>=8B>@8=30 MDD5:B82=>AB8 8A?>;L7>20=8O " 8 8=D>@<0F8>==KE @5AC@A>2 2 >@30=0E 3>AC40@AB25==>9 2;0AB8 8 3>AC40@AB25==>< A5:B>@5 M:>=><8:8, 0 B0:65 B5E=8G5A:>9 >15A?5G5==>AB8 >@30=>2 3>AC40@AB25==>9 2;0AB8, GB> ?>72>;8B A2>52@5<5==> >?@545;OBL 8 CAB@0=OBL =54>AB0B:8; 2=54@5=85 A8AB5<K 4;O A;565=8O 70 2K?>;=5=85< =>@<0B82=KE ?@02>2KE 4>:C<5=B>2 2 >1;0AB8 ", GB> ?>72>;8B A2>52@5<5==> 2KO28BL 8E =0@CH5=85, 1C45B A>459AB2>20BL 45<>=>?>;870F88 8 A=865=8N 04<8=8AB@0B82=KE 10@L5@>2 2 AD5@5 "; >@30=870F8O >1AC645=8O G5@57 A5BL =B5@=5B AB0=40@B>2, =5>1E>48<KE 4;O @0A?@>AB@0=5=8O ", 0=0;87 @0A?@>AB@0=5=8O @07;8G=KE AB0=40@B>2 " 8 8E ?@8<5=5=8O 2 45OB5;L=>AB8 =57028A8<KE >@30=870F89, GB> 40AB 2>7<>6=>ABL ?@8=8<0BL >?B8<0;L=K5 @5H5=8O ?@8 2K@01>B:5 AB0=40@B>2 ", A>G5B0NI8E <564C=0@>4=CN A>2<5AB8<>ABL ?@>3@0<<=KE 8 B5E=8G5A:8E A@54AB2 A =0F8>=0;L=K<8 8=B5@5A0<8 3>AC40@AB20, 3@0640= 8 E>7O9AB2CNI8E AC1J5:B>2; >15A?5G5=85 H8@>:>3> 8=D>@<0F8>==>3> A>?@>2>645=8O @>3@0<<K 4;O ?@82;5G5=8O : =59 >1I5AB25==>3> 2=8<0=8O, >ACI5AB2;5=8O ?>445@6:8 55 @50;870F88 A> AB>@>=K >@30=>2 3>AC40@AB25==>9 2;0AB8 8 >@30=>2 <5AB=>3> A0<>C?@02;5=8O, ?@54?@8=8<0B5;LA:8E :@C3>2, >@30=870F89 2 AD5@5 =0C:8, :C;LBC@K 8 >1@07>20=8O.  A5B8 =B5@=5B 1C45B A>740=0 M;5:B@>==0O AB@0=8F0, >A25I0NI0O E>4 @50;870F88 @>3@0<<K; >ACI5AB2;5=85 <>=8B>@8=30 8 0=0;87 >A25I5=8O 2 A@54AB20E <0AA>2>9 8=D>@<0F88 <5@>?@8OB89, ?@>2>48<KE 2 @0<:0E @>3@0<<K, @53C;O@=0O ?C1;8:0F8O 0=0;8B8G5A:8E >17>@>2 > E>45 @50;870F88 @>3@0<<K, >B@060NI8E 2 >1>1I5==>< 2845 @50:F8N =0 =55 A@54AB2 <0AA>2>9 8=D>@<0F88; 5653>4=>5 ?@>2545=85 :>=:C@A>2 "CGH55 2KAH55 CG51=>5 702545=85 2 AD5@5 "", "CGH0O H:>;0 2 AD5@5 "", "CGH89 @538>= 2 AD5@5 " ", "CGH55 3>AC40@AB25==>5 CG@5645=85 2 AD5@5 "" 4;O AB8<C;8@>20=8O 2=54@5=8O 8 @0728B8O ". 4. 5AC@A=>5 >15A?5G5=85 @>3@0<<K 1I89 >1J5< D8=0=A>2KE @5AC@A>2, =5>1E>48<KE 4;O @50;870F88 @>3@0<<K, A>AB02;O5B 77179,1<;=.@C1;59 (2 F5=0E 20023>40), 2 B>< G8A;5 A@54AB20 D545@0;L=>3> 1N465B0 - 39383<;=.@C1;59, A@54AB20 1N465B>2 AC1J5:B>2 >AA89A:>9 $545@0F88 - 22610,1<;=.@C1;59 (?@54?>;>68B5;L=>), 2=51N465B=K5 8AB>G=8:8 - 15186<;=.@C1;59. 1J5< D8=0=A8@>20=8O @50;870F88 ?5@2>3> MB0?0 @>3@0<<K (20023>4) A>AB028B 2604,4<;=.@C1;59, 2B>@>3> MB0?0 (2003-20043>4K) - 25480,5<;=.@C1;59, B@5BL53> MB0?0 (2005-20103>4K) - 49094,2<;=.@C1;59. ;O @50;870F88 ?5@2>3> MB0?0 @>3@0<<K 70 AG5B A@54AB2 D545@0;L=>3> 1N465B0 1C45B 2K45;5=> 350<;=.@C1;59, GB> A>AB02;O5B 13,4?@>F5=B0 >1I53> ?;0=8@C5<>3> >1J5<0 D8=0=A8@>20=8O MB>3> MB0?0. @54?>;0305BAO, GB> 87 A@54AB2 1N465B>2 AC1J5:B>2 >AA89A:>9 $545@0F88 8 <5AB=KE 1N465B>2 1C45B 2K45;5=> 1259,7<;=.@C1;59 (8;8 48,4?@>F5=B0) 8 87 2=51N465B=KE 8AB>G=8:>2 - 994,8<;=.@C1;59 (8;8 38,2?@>F5=B0). 0 ?5@2>< MB0?5 @>3@0<<K 8=25AB8F88 A>AB02OB 50<;=.@C1;59 (8;8 14,3?@>F5=B0), @0AE>4K =0 =0CG=>-8AA;54>20B5;LA:85 8 >?KB=>-:>=AB@C:B>@A:85 @01>BK - 100<;=.@C1;59 (8;8 28,6?@>F5=B0) 8 =0 ?@>G85 =C64K - 200<;=.@C1;59 (8;8 57,2?@>F5=B0). > @57C;LB0B0< @50;870F88 ?5@2>3> MB0?0 @>3@0<<K 1C4CB CB>G=5=K <5@>?@8OB8O 2B>@>3> MB0?0 8 >1J5<K 2=51N465B=KE A@54AB2, A@54AB2 1N465B>2 AC1J5:B>2 >AA89A:>9 $545@0F88 8 <5AB=KE 1N465B>2. ;O @50;870F88 2B>@>3> MB0?0 @>3@0<<K 70 AG5B A@54AB2 D545@0;L=>3> 1N465B0 1C45B 2K45;5=> 13973,8<;=.@C1;59, GB> A>AB02;O5B 54,8?@>F5=B0 >1I53> ?;0=8@C5<>3> >1J5<0 D8=0=A8@>20=8O MB>3> MB0?0. @54?>;0305BAO, GB> 87 A@54AB2 1N465B>2 AC1J5:B>2 >AA89A:>9 $545@0F88 8 <5AB=KE 1N465B>2 1C45B 2K45;5=> 7501,9<;=.@C1;59 (8;8 29,4?@>F5=B0) 8 87 2=51N465B=KE 8AB>G=8:>2 - 4004,8<;=.@C1;59 (8;8 15,7?@>F5=B0). 0 2B>@>< MB0?5 @>3@0<<K 8=25AB8F88 A>AB02OB 7987,6<;=.@C1;59 (8;8 57,2?@>F5=B0), @0AE>4K =0 =0CG=>-8AA;54>20B5;LA:85 8 >?KB=>-:>=AB@C:B>@A:85 @01>BK - 1327,6<;=.@C1;59 (8;8 9,5?@>F5=B0) 8 =0 ?@>G85 =C64K - 4658,6<;=.@C1;59 (8;8 33,3?@>F5=B0). ;O @50;870F88 B@5BL53> MB0?0 @>3@0<<K 70 AG5B A@54AB2 D545@0;L=>3> 1N465B0 1C45B 2K45;5=> 25059,3<;=.@C1;59, GB> A>AB02;O5B 51 ?@>F5=B >1I53> ?;0=8@C5<>3> >1J5<0 D8=0=A8@>20=8O MB>3> MB0?0. @54?>;0305BAO, GB> 87 A@54AB2 1N465B>2 AC1J5:B>2 >AA89A:>9 $545@0F88 8 <5AB=KE 1N465B>2 1C45B 2K45;5=> 13848,5<;=.@C1;59 (8;8 28,2?@>F5=B0) 8 87 2=51N465B=KE 8AB>G=8:>2 - 10186,4<;=.@C1;59 (8;8 20,7?@>F5=B0). 0 B@5BL5< MB0?5 @>3@0<<K 8=25AB8F88 A>AB02OB 13380,3<;=.@C1;59 (8;8 53,4?@>F5=B0), @0AE>4K =0 =0CG=>-8AA;54>20B5;LA:85 8 >?KB=>-:>=AB@C:B>@A:85 @01>BK - 1765,5<;=.@C1;59 (8;8 7?@>F5=B>2) 8 =0 ?@>G85 =C64K - 9913,45<;=.@C1;59 (8;8 39,6?@>F5=B0).  :8=02A:0O %0@B8O 3;>10;L=>3> 8=D>@<0F8>==>3> >1I5AB20 // 8?;><0B8G5A:89 25AB=8:, 2000, ! 8, A. 52.  @B0<>=>2 .".  :>=F5?BC0;L=>9 1075 ?>AB@>5=8O 2 >AA88 8=D>@<0F8>==>3> >1I5AB20 // =D>@<0F8>==>5 >1I5AB2>, 1999, ! 3; 0A8;L52 .. @>1;5<K 8=D>@<0B870F88 A>F80;L=>9 AD5@K // =D>@<0F8>==>5 >1I5AB2>, 2000, ! 3; 5@H8=A:0O .. !CI5AB2CNI85 <>45;8 ?>AB@>5=8O 8=D>@<0F8>==>3> >1I5AB20 // =D>@<0F8>==>5 >1I5AB2>, 1999, ! 3; @H>20 ".. >AA89A:89 >?KB 8=B53@0F88 2 8=D>@<0F8>==>5 >1I5AB2> // =D>@<0F8>==>5 >1I5AB2>, 1999, ! 1; 0AC@A:89 /.. =D>@<0F8>==>5 >1I5AB2> 8 ! // =D>@<0F8>==>5 >1I5AB2>, 1999, ! 1; 0H;52 ... ;>10;L=>5 8=D>@<0F8>==>5 >1I5AB2> 8 2K7>2K 48?;><0BC %%I 25:0 // =5H=5?>;8B8G5A:0O 8=D>@<0F8O 8 A>2@5<5==0O 48?;><0B8O. !1>@=8: ;5:F89 8 AB0B59 ?@5?>4020B5;59 :0D54@K <0AA>2>9 :><<C=8:0F88 8 A2O759 A >1I5AB25==>ABLN 8?;><0B8G5A:>9 0:045<88  >AA88. >4 @54. ...0H;520. ., 2001; @CBA:8E ., $54>@>2 .  <564C=0@>4=>9 8=D>@<0F8>==>9 157>?0A=>AB8 // 564C=0@>4=0O 687=L, 2000, ! 2; 0=0@8= .. =D>@<0F8>==K5 2>9=K 8 >AA8O // =D>@<0F8O. 8?;><0B8O. A8E>;>38O. !1>@=8: <0B5@80;>2 :@C3;>3> AB>;0 8 ;5:F89 ?@5?>4020B5;LA:>9 :0D54@K <0AA>2>9 :><<C=8:0F88 8 A2O759 A >1I5AB25==>ABLN 8?;><0B8G5A:>9 0:045<88  >AA88. ., 2002; 5A:>2 .. =B5@=5B 2 @>AA89A:>9 ?>;8B8:5: CB>?8O 8 @50;L=>ABL // >;8A, 2002, ! 1; 5B@>2 !.". 0 ?CB8 : 8=D>@<0F8>==><C 3>AC40@AB2C // =D>@<0F8>==>5 >1I5AB2>, 1999, ! 4.  D8<>20 .. A>15==>AB8 ?@02>2>3> >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 =0 B5;52845=88 8 @048>25I0=88 // =D>@<0F8>==>5 >1I5AB2>, 2000, ! 3; @8AB0;L=K9 .. >=F5?F8O 70:>=0 $  1 M;5:B@>==>9 B>@3>2;5 // =D>@<0F8>==>5 >1I5AB2>, 2000, ! 3; !B@5;LF>2 .. 0?@02;5=8O A>25@H5=AB2>20=8O ?@02>2>3> >15A?5G5=8O 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88 // =D>@<0F8>==>5 >1I5AB2>, 1999, ! 6; /:CH52 .. =D>@<0F8>==>5 >1I5AB2> 8 ?@02>2>5 @53C;8@>20=85: =>2K5 ?@>1;5<K B5>@88 8 ?@0:B8:8 // =D>@<0F8>==>5 >1I5AB2>, 1999, ! 1.  40=>2 .!. -;5:B@>==0O :><<5@F8O // =D>@<0F8>==>5 >1I5AB2>, 1999, ! 5; $@>;>2 !.. 87=5A 2 =B5@=5B5 // =D>@<0F8>==>5 >1I5AB2>, 1999, ! 2; (:>=48= .. -:>=><8G5A:85 D0:B>@K B@0=AD>@<0F88 !. ., 1999.  09:>2 .. 15A?5G5=85 157>?0A=>AB8 2 D8=0=A>2KE CG@5645=8OE /?>=88 // =D>@<0F8>==>5 >1I5AB2>, 2000, ! 5; <5;LO=>2 .. @>1;5<K >15A?5G5=8O 8=D>@<0F8>==>-?A8E>;>38G5A:>9 157>?0A=>AB8 >AA88 // =D>@<0F8>==>5 >1I5AB2>, 1999, ! 3; 0=0@8= .. =D>@<0F8>==K5 2>9=K 8 >AA8O // =D>@<0F8O. 8?;><0B8O. A8E>;>38O. !1>@=8: <0B5@80;>2 :@C3;>3> AB>;0 8 ;5:F89 ?@5?>4020B5;LA:>9 :0D54@K <0AA>2>9 :><<C=8:0F88 8 A2O759 A >1I5AB25==>ABLN 8?;><0B8G5A:>9 0:045<88  >AA88. ., 2002; 09:>2 .. =D>@<0F8>==0O 157>?0A=>ABL 8 C?@02;5=85 // =D>@<0F8>==>5 >1I5AB2>, 1999, ! 5; !5@385=:> .. 0I8B0 ?5@A>=0;L=KE 40==KE 2 =B5@=5B // =D>@<0F8>==>5 >1I5AB2>, 2000, ! 5; !<>;O= .. !5B52K5 8=D>@<0F8>==K5 B5E=>;>388 8 ?@>1;5<K 157>?0A=>AB8 ;8G=>AB8 // =D>@<0F8>==>5 >1I5AB2>, 1999, ! 1.  Masuda Y. The Information Society as Postindustrial Society. Washington.: World Future Soc., 1983; Bell D. The Coming of Post-industrial Society. A Venture in Social Forecasting. N.Y., Basic Books, Inc., 1973; Porat M., Rubin M. The Information Society: Development and Measurement. Washington, 1978; Reddick R., King E. The Online Journ@list: Using the Internet and Other Electronic Resources. FACS. London, 1996; Robinson K.G. Building a Global Information Society // Aspen Institute, 1996; Werbach K. Digital Tornado: The Internet and Telecommunications Policy. USA. Federal Communication Commission, 1997; Roberts L. Multiple Computer Networks and Intercomputer Communication. ACM Gatlinburg Conf., Oct. 1967; Roberts L., Merrill T. Toward a Cooperative Network of Time-Shared Computers. Fall AFIPS Conf., Oct. 1996; Kahn R. Communications Principles for Operating Systems. Internal BBN memorandum, Jan. 1972.  :8=02A:0O %0@B8O 3;>10;L=>3> 8=D>@<0F8>==>3> >1I5AB20 // 8?;><0B8G5A:89 25AB=8:, 2000, ! 8, A. 51-56.  0H;52 ... !B0=>2;5=85 3;>10;L=>3> 8=D>@<0F8>==>3> >1I5AB20 8 <5AB> >AA88 // =D>@<0F8O.8?;><0B8O.A8E>;>38O. !1>@=8: <0B5@80;>2 :@C3;>3> AB>;0 8 ;5:F89 ?@5?>4020B5;LA:>9 :0D54@K <0AA>2>9 :><<C=8:0F88 8 A2O759 A >1I5AB25==>ABLN 8?;><0B8G5A:>9 0:045<88  >AA88. ., 2002, A. 17.  0:>2 . ><?LNB5@ =0 ?0@>2>< E>4C // >4CA, 1999, ! 2, A. 10-11.  ENIAK - Electronic Numeral Integrator and Computer  Information Society: Challenges for Politics, Economy and Society. - http://www.bmwi-info2000.de/gip/ fakten/zvei_e/index.html  >G5B>2 .. ;8O=85 =B5@=5B0 =0 @0728B85 >1I5AB20 // =D>@<0F8>==>5 >1I5AB2>, 1999, ! 5, A. 43-46.  =B5@=5B 4;O 6C@=0;8AB>2 (http://www.press/ru).  8=8AB5@AB2> B>@3>2;8 !( A>>1I05B...// 8@ Internet, 1998, ! 6.  http://www.nua.ie/surveys/how_many_online/world.html 1 OB;>2 !.., ">;AB>?OB5=:> .. =B5@=5B-B5E=>;>388 8 48AB0=F8>==>5 >1@07>20=85 // =D>@<0- F8>==>5 >1I5AB2>, 2000, ! 5, A. 29-35. 2 40=>2 .!. =B5@=5B-<03078= // =D>@<0F8>==>5 >1I5AB2>, 1999, ! 5, A. 36-37.  ?5@0F8O ?> B5;5D>=C // B>38, 25.09.2001 3.  http://www.homepc.ru/offline/2002/70/17451/index.html  Encyclopedia of the New Economy. - http://www.hotwired.com/special/ene/  GfK: 2A5 1>;LH5 52@>?59F52 ?>:C?0NB 2 =B5@=5B5 (10.06.20023.) - http://www.e-commerce.ru/  http://e-commerce.ru/analytics/statistics/issue11/stat62.html  http://e-commerce.ru/analytics/statistics/issue9/stat54.html  Status Report on Telework. - http://www.eto.org.uk/twork/tw97eto/  ;5:A5520 ... >7=8:=>25=85 845>;>388 8=D>@<0F8>==>3> >1I5AB20 // =D>@<0F8>==>5 >1I5AB2>, 1999, ! 1, A. 30-35.  Bell D. The Coming of Post-industrial Society. A Venture in Social Forecasting. N.Y., Basic Books, Inc., 1973.  "0< 65, p. 20.  Masuda Y. The Information Society as Postindustrial Society. Washington.: World Future Soc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http://www.homepc.ru/offline/2002/70/17451/index.html  0 1955-1970 33. M:>=><8G5A:>3> GC40 A@54=53>4>2>9 ?@8@>AB  2 /?>=88 ?@52KH0; D5=><5=0;L=K5 11%, ?@8 MB>< =>@<0 =0:>?;5=8O ?@81;860;0AL : 35%.  1988 3. 55  =0 4CHC =0A5;5=8O ?@52KA8; 0<5@8:0=A:89 0=0;>3, 0 2 1990 3. 53> ?@8@>AB A>AB028; >:>;> 6%, B>340 :0: 2 A0<>9 @0728B>9 AB@0=5 <8@0 =5 4>AB83 8 1%.  8B09 AB0=>28BAO <8@>2K< F5=B@>< E09-B5:0 - http://www.nsda.ru/home.asp?artId=479  5@H8=A:0O .. !CI5AB2CNI85 <>45;8 ?>AB@>5=8O 8=D>@<0F8>==>3> >1I5AB20 // =D>@<0F8>==>5 >1I5AB2>, 1999, ! 3, A. 57.  "0< 65, A 58.  C@=>A>2 .. =D>@<0F8>==>5 >1I5AB2>: ?;0=K 8 ?@>3@0<<K 70@C156=KE AB@0=. ., 1997.  0@B0=>20 .. =D>@<0F8>==>5 >1I5AB2> 2 AB@0B5388 2@>?59A:>3> A>N70 - http://internews.ras.ru/ZiP/43/europe.html  Europe and Global Information Society. Recommendations of the high-level group on the information society to the Corfu European Council (Bangemann group). European Commission. 1994, p. 29-33. 1 G-7 Ministerial Conference on the Information Society, Brussels, 1995 - http://www.ispo.cec.be/g7/  Annual Report of the European Commission, 1995. - http://www.ispo.cec.be 1 !<>;O= .., '5@5H:8= .!. =D>@<0F8>==>-:><<C=8:0F8>==0O 8=D@0AB@C:BC@0 - B5E=>;>38G5A:89 DC=40<5=B 8=D>@<0F8>==>3> >1I5AB20 // =D>@<0F8>==>5 >1I5AB2>, 1999, ! 5, A. 51-53. 1 0G8;> .. >B5=F80; 70:>=>40B5;LAB20 2 ?@>F5AA0E 8=D>@<0F8>==>3> >1I5AB20 // =D>@<0F8>=- =>5 >1I5AB2>, 1999, ! 3, A. 40-45. 1 @>5:BK G7 - http://www.ispo.cec.be/g7/rojects/g7pr4.html  5;NE8= .!. =D>@<0F8>==>5 >1I5AB2>: 8AB>:8, ?@>1;5<K, B5=45=F88 @0728B8O. ., 1999, A. 64-66. 1 "0< 65, A. 177.  >;K=A:89 ... "5;5<548F8=0 - A>AB02;ONI0O G0ABL 8=D>@<0F8>==>3> >1I5AB20 // =D>@<0F8>=- =>5 >1I5AB2>, 1999, ! 5, A. 15- 21. 1 5=4:>28G .!. Global 360/NICE. >20O <>45;L 2845>:>=D5@=F88. &% % , ., 1998.  0@0;;5;L=>5 Global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http://www.nua.ie/surveys/how_many_online/world.html  http://www.proactiveinternational.com/  0AC@A:89 /.. 53C;8@>20=85 8 A0<>@53C;8@>20=85 A5B8 =B5@=5B: 52@>?59A:85 4>:C<5=BK 8 >?KB // =D>@<0F8>==>5 >1I5AB2>, 2000, ! 4, A. 32-33.  5;NE8= .!. 53C;8@>20=85 =B5@=5B0 // 5;NE8= .!. =D>@<0F8>==>5 >1I5AB2>: 8AB>:8, ?@>1- ;5<K, B5=45=F88 @0728B8O. ., 1999, A. 148-156.  http://thomas.loc.gov  0G8;> .. >?K;>2 .. ABL ;8 >A=>20=8O 4;O A>740=8O >B@0A;8  =D>@<0F8>==>5 ?@02> // =D>@<0F8>==>5 >1I5AB2>, 1999, ! 6, A. 49-50.  5;NE8= .!. =D>@<0F8>==>5 >1I5AB2>: 8AB>:8, ?@>1;5<K, B5=45=F88 @0728B8O. ., 1999, A. 106.  !>;>2O=5=:> .. @02>2K5 CA;>28O 4;O M;5:B@>==>9 :><<5@F88 // =D>@<0F8>==>5 >1I5AB2>, 2000, ! 4, A. 40-42.  40=>2 .!., %010@>2 .!. -;5:B@>==0O :><<5@F8O // =D>@<0F8>==>5 >1I5AB2>, 1999, ! 5, A. 42.  %0:5@K 0B0:CNB 0<5@8:0=A:CN A8AB5<C >1>@>=K. // >=D845=B, 1998, ! 3.  @>668=>2 ., (8@>:>2 $. /7K:>20O 8=65=5@8O. ., 1999, A. 2-5.  !<8@=>2 .. >AA89A:0O 48?;><0B8O 8 8=D>@<0F8>==K5 B5E=>;>388 // =5H=5?>;8B8G5A:0O 8=D>@<0F8O 8 A>2@5<5==0O 48?;><0B8O. !1>@=8: ;5:F89 8 AB0B59 ?@5?>4020B5;59 :0D54@K <0AA>2>9 :><<C=8:0F88 8 A2O759 A >1I5AB25==>ABLN   >AA88. >4 @54. ...0H;520. ., 2001, A. 52.  @54;030;>AL, GB> > B0:8E >F5=:0E 3>AC40@AB20-G;5=K  1C4CB 8=D>@<8@>20BL 5=5@0;L=>3> A5:- @5B0@O , :>B>@><C, 2 A2>N >G5@54L, ?>@CG0;>AL, ?@54AB028BL A>>B25BAB2CNI89 4>:;04 =0 A;54CN- I59 A5AA88 5=5@0;L=>9 AA0<1;58 .   G0AB=>AB8, 2 E>45 56-A5AA88   1K; 2=5A5= <>48D8F8@>20==K9 ?@>5:B @57>;NF88 >AB865=8O 2 AD5@5 8=D>@<0B870F88 8 B5;5:><<C=8:0F89 2 :>=B5:AB5 <564C=0@>4=>9 157>?0A=>AB8, :>B>@K9 1K; :>=A5=ACA>< ?@8=OB 31 >:BO1@O 2001 3>40. 1 @B0<>=>2 ."., @8AB0;L=K9 .., C@=>A>2 .. 8 4@.  :>=F5?BC0;L=>9 1075 ?>AB@>5=8O 2 >AA88 8=D>@<0F8>==>3> >1I5AB20 // =D>@<0F8>==>5 >1I5AB2>, 1999, ! 9, 17-19.  >=F5?F8O D>@<8@>20=8O 8=D>@<0F8>==>3> >1I5AB20 2 >AA88 , 1999 3. // =D>@<0F8>==>5 >1I5AB- 2>, 1999, ! 3, A. 3-11.  @H>20 ".. >AA89A:89 >?KB 8=B53@0F88 2 8=D>@<0F8>==>5 >1I5AB2> // >:;04 =0 @0A?@545;5==>9 :>=D5@5=F88  "5E=>;>38O 8=D>@<0F8>==>3> >1I5AB20 98 - >AA8O  >:B@8=0 8=D>@<0F8>==>9 157>?0A=>AB8 >AA89A:>9 $545@0F88, 2000 // =D>@<0F8>==>5 >1I5AB2>, 2000, ! 3, A. 3-5.  "0< 65, A. 19.  0H;52 ... !B0=>2;5=85 3;>10;L=>3> 8=D>@<0F8>==>3> >1I5AB20 8 <5AB> >AA88 // =D>@<0F8O.8?;><0B8O.A8E>;>38O. !1>@=8: <0B5@80;>2 :@C3;>3> AB>;0 8 ;5:F89 ?@5?>4020B5;LA:>9 :0D54@K <0AA>2>9 :><<C=8:0F88 8 A2O759 A >1I5AB25==>ABLN   >AA88. ., 2002, A. 28.  http://www.b2b.ibs.ru/content/67/677-article.asp PAGE  PAGE 2 f< H P j l " ˀˀpaU5;B*CJaJphj5B*CJ UaJ ph56B*CJ(OJQJaJ(ph5B*mH phsH CJ aJ 5CJ aJ CJaJB*CJNHaJphB*CJaJph 5B*CJ OJQJ^JaJ ph5B*CJ aJ ph 5B*ph5B*CJ,aJ,ph#56B*CJ0OJQJ^JaJ0ph 5B*CJ4OJQJ^JaJ4ph!2f:< $a$$`a$$a$z P P P  FHj$ & Fa$$h`ha$ $d8*$`a$$a$$a$" FH8:RF&!!.&4&)L*++H,`,,,----p/r///,0.0 1"1(1*1111122@2B222ĻĻĻİj0JB*CJUaJphB*CJNHaJph5B*CJaJph 5B*phB*CJ\aJphCJaJmH sH CJaJB*CJaJmH phsH B*CJOJQJ^JaJph5B*CJ aJ ph 5CJaJB*CJaJph3T  &(*, R!!"|#dh^dh$a$$a$$ & Fa$|#R$8%"&&'h((:))N*++++++,,,,, , ,,,,$P ]P a$dhdh^,,,,,,, ,",$,&,(,*,,,.,0,2,4,6,8,:,<,>,@,B,D,F,H,Z,$a$$P ]P a$Z,\,^,5@;XCHShWX\adcd ef0ghj(k`sbsds$ & F7dh^`7a$$ & F7dh^`7a$$Rdh^`Ra$ $7dh`7a$$a$23 3234333(4*4v4x444n5p555b6d666h7j7^9`9::4;6;;;<<==@@A ABBzB|B4C6C,E.EEE$F&FFFGGGGHHHH@IBIII6J8J0K2KLLMMMMFOHOPPQQQQR Rj0JB*CJUaJph B*CJphB*CJNHaJphB*CJaJphT RRRRSSSSS>T@TTT2U4UUUUUUUUUUUV V$V&V*V2VNVPVTV`VVVVVVVVVVVVVWWW,WJWLWPW^W`WbWWWXXXXYYYYb[d[[[4]6]&^(^_ _``HaJa>bB*CJaJmH phsH j0JB*CJUaJphB*CJNHaJphB*CJaJphQ>b@bccccccdddd|f~fffffgggg*i,iiijnjpjjj|kkkllmmnnLoNooo(q*qqqrrrrPsRsssst\x^x<>|ؐB*CJaJmH phsH j0JB*CJUaJph5B*CJaJmH phsH  CJNHaJCJaJ5B*CJaJphB*CJaJphB*CJNHaJphBdsfshsjslsnspsrstsvsxszs|s~sssssssssssssss$dha$ $7dh`7a$s"t$ttt2z6 ХT$ $dh`a$$dha$ $dh`a$$dha$$dha$ؐސ "(`hjvxƚΚfhPRZ\ $02>@LFHR%V%%%5B*CJaJph0JB*CJaJphj0JB*CJUaJphB*CJaJphB*CJaJmH phsH M  %/p7@DIKzX^ejl>t$a$$dha$$dha$ $dh`a$%^0d066l7n7(<*<KSS``hhnn||*4.0tv 46DV(  6 8    ҹҹҹҹҹҹҹjB*CJUaJph5B*CJaJphB*CJmH phsH j0JB*CJUph B*CJphj0JB*CJUaJphB*CJaJmH phsH B*CJaJph?>tw|ҌLlh<4ػV~*,.02$a$$dha$ $dh`a$J$-9>CIUX _________$dha$ $dh`a$$dha$$a$  !!22;;8C:C _8_<_``mmnoporoooooooDpFpHppppqqq\q^q`qqqqrrr||~~ ,z|$&46BFNοθ鬣鬣鬣鬣鬣鬣鬣鬣鬣B*CJaJph jB*CJaJph B*CJph5B*CJaJmH phsH 5B*CJaJphj0JB*CJUaJphB*CJaJphB*CJaJmH phsH @__ _"_$_&_(_*_,_>_`````&dloooDppq\qqrlru $dh`a$$dha$$dha$uޓ:~VR؛Ĝ^|(dh$dha$$@dh^`@a$ $dh^a$ $dh`a$җԗ  02      ( (:3<3tGGGGNNNPPPPzS|S~S(VXVZV\VYYYZ0[2[4[6[mmwwŠ鸬鬣鸬鬣鸬鬣鬣B*CJaJph jB*CJaJph6B*CJaJph5B*CJaJphj0JB*CJUaJph0JB*CJaJphB*CJaJphB*CJaJmH phsH @ZrB2X6BX$j $a$$dha$$dha$ $dh`a$ $ & F dha$ B&249=tGG>@BVBDZ\|~DFFHrtRTz|ln|0JB*CJaJph j-B*CJaJph5B*CJaJphB*CJaJph jB*CJaJphB*CJaJmH phsH B*CJaJphj0JB*CJUaJph@JDpPxj0F   @bf06h$dha$H     BDdfh248:j$&$%%**......115555fB6B*CJph6B*CJmH phsH j0JB*CJUphB*CJmH phsH  B*CJph5B*CJaJph0JB*CJaJph j-B*CJaJph6B*CJaJphB*CJaJmH phsH B*CJaJph4($$$P%%%,&5n;:BI6OR,XZ]mw~$, $dh`a$$dha$$a$$dha$fBlBnBzB|BBII` `gglluu:<z|z| "νn"hZ\Vlrdfh@B³ͮͣ͌͘ jB*CJaJph0JB*CJaJph6B*CJaJph B*ph5B*CJaJmH phsH 5B*CJaJphB*CJaJph6B*CJphj0JB*CJUph B*CJphB*CJmH phsH 6(νnnhVXZ\^`tb$dha$$dh]`a$ $dh]a$bdf>jNx| .NZ"(+.1378:; $dh`a$ $dh`a$$dha$$a$BFlnrPRTz|~  &'33888:::;;;VBXBFFR;\BFRRRS8S:S$ dh1$7$8$H$` a$ $dh`a$$a$$dha$dh$dha$>,BDFHJLNPRTjln`z  $dh`a$$dha$ $dh`a$$ dh1$7$8$H$` a$bd vx8:PR0246FH02  v x $ &   d f dfDF\~B*CJaJph5>*B*CJaJph5B*CJaJphCJaJmH sH CJaJ CJNHaJK \ \^`bdfhjlnprtvxz|~$dha$ $dh`a$ VXFH!$a$ ^` $^`a$$dha$~*,.@BJPVX^`dflz|~8FBDFj ׷׷ח>*B*CJaJph(jHB*CJUaJmH phsH 0JB*CJaJph(jqB*CJUaJmH phsH "jB*CJUaJmH phsH B*CJaJphB*CJaJmH phsH ;j l n                   !!""""""""""## ### #"#,#.#6#:#<#>#D#F#V#X#`#b#f#h#x#z####0JB*CJaJmH phsH (jB*CJUaJmH phsH 0JB*CJaJph(jB*CJUaJmH phsH B*CJaJmH phsH B*CJaJph"jB*CJUaJmH phsH :!!##$$,&.&&&6(8((())))****++j,l,,,--$a$##h%j%l%~%%%%%%%%%%%%%%%%%%%%%%%%%%%% &&&"&(&*&.......// / ////&/(/*/R/T/8(j`B*CJUaJmH phsH 0JB*CJaJph0JB*CJaJmH phsH (jEB*CJUaJmH phsH B*CJaJmH phsH B*CJaJph"jB*CJUaJmH phsH :-D.F.V/X/B0D01111*3,344445566d7f7Z9\9@<B<r=t=p?$a$88888888888888888888999 9 999&9(9,9.9>9@9J9L9T9V9JLL3L4L5LNLOLMM?N@NAN}Nؔ(jIB*CJUaJmH phsH (j^B*CJUaJmH phsH 0JB*CJaJph0JB*CJaJmH phsH (j7B*CJUaJmH phsH B*CJaJmH phsH B*CJaJph"jB*CJUaJmH phsH 2p?r?J@L@ A AvCxCFFtGvGHHIIJJJJQLRLLLfMgMMMNN$a$}N~NNNNNN,O-O~QQQQQRRTTTTT,U-UUVVv`cccccccddojp$rrxxހԈڈ~~yyCJaJ5>*B*CJaJphB*CJaJph(jxB*CJUaJmH phsH (jB*CJUaJmH phsH 0JB*CJaJmH phsH (jB*CJUaJmH phsH B*CJaJmH phsH "jB*CJUaJmH phsH /N.O/OOOOOqPrP1Q2QRRRR!S"SSSTT.U/UUUUVVV$a$VVWWXXXXYY8Z:ZZZ[[<\>\\\]](^*^^^b_d__$a$__t`v`^a`abbybzbbbEcFccccddddFfHfBgDg$h&hhh$a$hiijjkkllmmnnToVojplprqtqrr`sbstt*u,uuuw$a$ww^x`xzz}}@B<>؁ځrtFH "xz$a$z.0FH  46ؑ֔ؔHJ $a$ڈ 02BV^`hlnpvxƔȔДҔ(8:FSTYZ^adn8@*䳨CJaJ5>*B*CJaJph0JB*CJaJph0JB*CJaJmH phsH (j!B*CJUaJmH phsH B*CJaJmH phsH "jB*CJUaJmH phsH B*CJaJph;ʙ̙fh*, xzprʡ̡24ܦަ$a$ަvxDFFHʲ̲efcdεϵ$a$lmn68$&(*"$ڿܿ$a$¾ľҾؾ$ܿ "$24.0$&(24s#jޝ6B*CJUaJph0J6B*CJaJph#j6B*CJUaJph6B*CJaJphj6B*CJUaJph jhB*CJUaJphjB*CJUaJph5>*B*CJaJphB*CJaJmH phsH B*CJaJph-ܿ24(*RT$&HJ24z|$a$4NP\^ "(*bdf$H0̚{i#j6B*CJUaJph#jV6B*CJUaJph0J6B*CJaJph#j6B*CJUaJphj6B*CJUaJph jB*CJUaJph6B*CJaJphjB*CJUaJph jCB*CJUaJphB*CJaJph)j`Tx"nxB\`jv D`TXdf#j6B*CJUaJphj6B*CJUaJphB*CJaJmH phsH 6B*CJaJmH phsH 6B*CJaJphB*CJaJphD^` "bdVX$a$j$\2~&*Rjqr0op~ ôôæÕæôæÄææsæô jB*CJUaJph jB*CJUaJph jݣB*CJUaJphjB*CJUaJph6B*CJaJmH phsH B*CJaJmH phsH B*CJaJph6B*CJaJphj6B*CJUaJph0J6B*CJaJph-\^~(*+,kl01 KL$a$ 5Kr2460㛱{o{dXMX6B*CJaJph5B*CJ\aJph5B*CJaJph5>*B*CJaJph5B*CJaJmH phsH  0J6B*CJaJmH phsH +j6B*CJUaJmH phsH %j6B*CJUaJmH phsH  j^B*CJUaJphjB*CJUaJph6B*CJaJmH phsH B*CJaJmH phsH .0D$hdhdd[$\$`ha$$dhdd[$\$`a$$dhdd@&[$\$`a$ $dh[$\$a$$dhdd@&[$\$a$$da$\&db 8 , d  !$dhdd@&[$\$`a$dhdd@&[$\$`$dhdd[$\$`a$$ & Fdhdd[$\$a$  6 8   , b TT&j  !2!t$$$$:'B'((N+V++,----888899;;;<EE*EEHIIJMMM NU$UVDVW(XXXvYYZ[[B*CJ\]aJph5B*CJ\aJph5B*CJ\]aJphB*CJaJphR!t$$:'N+-|..01N3358;|<p=?@VCC$ & Fdhdd[$\$a$$ & Fdhdd[$\$a$$dhdd@&[$\$`a$$dhdd[$\$`a$CEHMUXZ]aaceg$hiik$ & Fdhdd[$\$a$$dhdd@&[$\$`a$$dhdd[$\$`a$$ & Fdhdd[$\$a$$dhdd[$\$`a$$ & Fdhdd[$\$a$[\]X^aRbcde(ee"fg$hxhii{{{$|}}"j&,:X ֋BxԌ|č"npx6R6RtКFrޝĢ$z̥`x,5B*CJ\]aJphB*CJaJph5B*CJ\aJphWkmprt0vXwyz{p,<|p6$ & Fdhdd[$\$a$$ & Fdhdd[$\$a$$dhdd[$\$`a$$ & Fdhdd[$\$a$66Ģz̥x|pܽFP" t$dhdd@&[$\$`a$$ & Fdhdd[$\$a$$ & Fdhdd[$\$a$$dhdd[$\$`a$x.Dεpz|d",.*B t|2:^fN@bH4>P>D$L$b$$)),*T*//j01333333H5CJaJ jCJaJCJaJ6B*CJaJph5B*CJaJph5B*CJ\]aJphB*CJaJph5B*CJ\aJphGt2^NH444b$ & F"dhdd[$\$a$$ & F!dhdd[$\$a$$ & F dhdd[$\$a$$dhdd@&[$\$`a$$dhdd[$\$`a$b*P>>$ & F#dhdd[$\$a$$dhdd@&[$\$`a$$dhdd[$\$`a$$ & F"dhdd[$\$a$> "D$%'P() +,f-.////////$dhdd[$\$a$$ & F&dhdd[$\$a$$ & F%dhdd[$\$a$$dhdd[$\$`a$$ & F$dhdd[$\$a$///////j001233H566b78=p?$a$$dh^`a$ $dh`a$ $dh`a$$a$$dhdd@&[$\$a$$da$$dhdd[$\$a$H5J5L5668 N NNOOO0Q2Q4QSSSTTTVVV W WW"X$X&X]]]___fffRgTgVgdhfhhhjjjmmmqqqrrr^s`sbsu~unvpvrvx x xxxxL{N{P{~~ ~XZ\5CJ\aJ CJ\aJCJaJCJaJ jCJaJXp?BDJHIJM NO0QSTV W"XY]]_,`@ffRgdhjRkm $dh^a$ $dh`a$mmqr^su~unvxxL{d|~Xz‰jD $dha$ $dh^a$ $dh`a$z|~‰ĉƉjln    FHJ&(*z|~ԟ֟؟ؠڠܠ<>JLN$&(  246VXZ֫ CJ\aJCJaJ jCJaJCJaJ[ ̔F&zԟؠ<J$2V֫^p$dha$ $dh`a$ $dh^a$֫^prt468fhj²IJ "$PRTnprοпҿBDtvxrtv,.0^`b           CJ\aJCJaJ jCJaJCJaJ5CJ\aJX4fL Pnοt0$dha$ $dh`a$ $dh^a$0r,^         $dha$ $dh^a$ $dh`a$          "    (       @ B D    ! ! ! " " " :$ <$ & & & & & & ) ) ) l+ n+ p+ - - - 0 0 0 1 1 1 h3 j3 l3 4 4 4 6 6 6 7 7 7 8 8 9 v: *< ,< = = A A CJ\aJ 5CJaJ5CJ\aJ jCJaJCJaJCJaJV  ( F   @  ! " :$ 8% & & ) l+ - 0 1 h3 4 6 6 7 9 v: l= $dh^a$ $dh`a$$dha$l= A B C D VD E F |H N Q LS [ [ ] ` b d ze f g Dh ni Dj Fk k :m $dh^a$ $dh`a$A A C C C D D D VD XD ZD E E E F F F [ [ [ ] ] ] ` ` ` b b b d d d ze |e ~e f f f g g g Dh Fh Hh ni pi ri Fk Hk Jk k k k :m m n n n q q q bs ds fs t t u u u w w w *y ,y .y z z z } } } ~      X CJ\aJCJaJ jCJaJCJaJ5CJ\aJX:m n p q bs t u w *y z | } ~  X   v l B Џ 8 $dh`a$ $dh^a$X Z \    l n p B D F Џ ҏ ԏ > 8 : < | ~ ` b d ȕ ʕ ̕    $ & ( z | ~ Į Ʈ " $ &   » Ļ ƻ    CJ\aJ5CJ\aJCJaJCJaJ jCJaJX8 | ` ȕ  ( $ z Ʈ " »   $dh`a$ $dh^a$ n p r @ B D    p r t j l n * , . f h j p r t J L N . 0 2 j $ & ( 2 4 6  " D F H P R T ~ 5CJ\aJCJaJ jCJaJCJaJ[ n @ "  p j * f p J . $ 2  D > $dh`a$ $dh^a$ P ~ L | <  v d   D j  B  $dh`a$ $dh^a$ | ~  < > @ *    v x z      " D F H j l n B D F           " $ j l n    F H J * , .  2 4   " t v x P CJ\aJ5CJ\aJ jCJaJCJaJCJaJX     j  F *   t P ( f ! v# 0$ % & ' ( ) + $dh`a$ $dh^a$P R T f h j ! ! " 0$ 2$ 4$ % % % & & & ' ' ' ( ( ( + + + - - - V. . 8 8 8 9 9 9 : : : ; ; ; n= p= r= > f? J J J tK vK xK L L L M M M V X X \ \ \ ^ ^ ^ .a 0a 2a c c c (g *g ,g bh dh fh xj zj |j &l (l *l m 5CJaJ5CJ\aJCJaJCJaJ jCJaJX+ + - V. j1 D7 8 9 : ; n= > f? xB I J tK L M Q S V s t v v w x z { }  V $dh^a$ $dh`a$m m m p p p &q (q *q q q q >s @s Bs v v v w w w x x x z z z { { { } } }    l n  b f ~ " $ &      ԝ ؝ N * , .     x z | R T V § ԩ ֩ ة & ( * J L 5CJ\aJ CJ\aJCJaJCJaJ jCJaJXV ܉ " b f ~ "   ҝ ؝ N d *   x R ԩ & J , $dha$ $dh^a$$dha$ $dh`a$L N , . 0 < > @ ^ ` b r t v Ȼ V X r t | ~ | ~   < > d f l n n p > @ z |  CJNHaJCJNHOJQJaJCJOJQJaJ 6CJaJ5B*CJaJph 5CJaJ5CJ\aJ CJ\aJ jCJaJCJaJCJaJD, < ^ r Ȼ ½ D  B l  d 4 $dh`a$$dha$ $dh`a$ $dh^a$  Z V X f z @  @ D L #dh`dh`#dh`$dha$$dha$$dha$$da$$dhdd[$\$a$  Z \ B D L N   x z   x z              X Z `   V X b d l n X Z N P       j l                   < > F H P R   n CJNHOJQJaJCJOJQJaJCJaJ CJNHaJXL   ` ~ \   F   p > 4   l ! ! b! d! #dh` #$dh`a$#dh`dh`$dha$ #dh]`n p v x   ! b! ! ! n$ p$ $ $ d% f% % % ^' `' n( p( ( ( t) v) ) ) + + , , - - - - R. T. . . / / p0 r0 2 2 3 3 b4 d4 p5 r5 5 5 6 x6 6 6 x7 z7 7 7 8 8 9 9 : : : : :; <; < < > > > > ? ? Z@ \@ dA fA lB nB vB xB PC RC D D HE 5CJaJCJaJ CJNHaJ^d! r% % & & r' ) * - 1 3 6 6 x6 z6 x; ? B HD E E F F G J "dh` #dh1$` #$dh`a$#dh`#dh`HE JE E F F F G G G G XH ZH H H `I bI I I J J K K K K L L "L $L L L JM LM LN NN N N N N O P P NP JQ LQ Q Q Q Q \S ^S `T bT V V W W W W X X Y Y T[ V[ [ [ ] ] ,^ .^ ` ` (a *a a a a a a a a  j-CJaJ6NHOJQJ^J6OJQJ^JCJOJQJaJ 5CJaJCJaJ CJNHaJPJ RL N N O NP XR TW W 6Y Z Z [ :] ] ^ _ 0` a c f f jg $dh`a$$ ndh`a$$dha$dh`$dha$"dh`a >b @b b b c "c c (d Bd Dd d d e e e e nf f g fg g g hh jh h h i i i j Fj Pj Rj nj \k ^k k k l l l Zm m m m m m n Rn n n No Po o o o Tp Vp p p q q r br dr r r s s s t t Pu Ru u u u u 8w :w ~y y z CJNHaJh CJNHaJCJaJ CJaJh6NHOJQJ^J6OJQJ^JSjg h i Zm Rn s t u v w y ${ &{ z| || N~ ~  ր f  $dha$ $dh`a$$ ndh`a$$ dh`a$ $ dha$$dha$dh`z z &{ | | j| l| || | | p} r} |~ ~~     & ( N P d f l n   p r * , * , @ B p r   F H  J L ^ `  6NHOJQJ^J6OJQJ^J CJaJh5CJNHaJ 5CJaJCJaJ CJNHaJQ v v p 0 $ v T & j > :  $`a$$ ndh^`a$$ ndh`a$$dha$dh`$ dh`a$ $dh`a$     ڞ ܞ b d b d   B D ʣ ̣ p r ̧ Χ l n t v < > X Z   F H Ȳ ʲ j l | ~  j-CJaJ5CJNHaJ 5CJaJ6NHOJQJ^J6OJQJ^J CJNHaJCJaJNHO p ,  ʢ Ƭ t İ @ z 2 $dh<`a$$dh^`a$$dh^`a$ $dh`a$$dha$$dh^`a$   f h p r @ 6 8 ¾ J L n p p r D F x z \ ^ > @ B D , .  | ~   & ( T V X Z 5CJNHaJ 5CJaJ6OJQJ^J CJNHaJCJaJX `  n 2  . $dh^`a$$9dh^9`a$$dha$ $dh`a$ $dh<`a$$ dh<`a$Z X Z $ & 0 2   2 4 @ B D F v x  `  * f h : ` v x z R ` x   0 2     N P \ ^ | ~   B*CJaJhphB*CJaJphCJOJQJaJ CJNHaJCJaJU. : P  ` |  F D z z H   $a$$a$ $dh`a$$dh^`a$$dha$ $dh`a$ $dhx`a$$dha$$dh^`a$$9dh^9`a$ z | ~     F H J Z \ h j t v                   & ( J L                          0 2 NHmH sH mH sH NH@NH@ j0JUCJaJW      2 4  , 0   l  ` b  p  n  r , .  , $a$$a$2 4 6   , . 0 2   l n            ( * 0 2 : < H J T V ^ b d p r   n p   r t v |        " $ ( . 0 2 : @ B D T V Z \ n p                         0JmH sH  j0JU_  " * , . ! ! " " " " " " " " 8# ># H# J# V# X# ^# p# r# $ $ &% (% % % 6& 8& (' *' ( ( ( ( ) ) ) ) ) ) ) ) ) * * * 0* :* <* D* F* H* J* , , , - - "- (- *- 2- 4- 8- :- B- D- J- L- V- `- b- T. V. t. v. $/ &/ / / / / / / / B*phB*CJaJph j0JUmH sH [ ! " " p# $ &% % 6& (' ( ( ) F* , `- T. t. $/ 0 0 .1 y1 z1 2 l3 (4 r4 4 5 / / / / / 0 0 0 0 0 0 0 .1 /1 z1 2 l3 n3 r4 t4 4 4 5 5 5 5 6 6 6 7 7 7 7 7 p9 r9 0: 2: : : ; ; ; ; < < < &< ,< 2< 4< :< << @< B< P< R< X< Z< b< d< p< r< |< ~< < < < < < < < < < < < < < > > (? *? X? Z? r@ t@ 2A 4A B B B B fC 0J 0JmH sH  j0JUmH sH \5 5 6 6 6 7 9 p9 0: : ; ; ; ; < < < < = > > (? X? @ r@ 2A A B B fC fC hC C C F F G G I I K K K K 8M :M $N &N FN HN `P bP dP lP rP xP zP |P ~P P P P P P P P P P P P P P P P P P P P P P P P P Q CJaJ0JmHnHu0J j0JUmH sH 0J j0JU5fC C F F G G I K K K L 8M M "N $N FN ^P `P P P P P P P P P P h]h&`#$$a$P P P Q $dh`a$/ 01h. A!"R#7$% qDdy+L  C A"`bь-=$D#O,dD n-=$D#O,dPNG  IHDRskQsRGB pHYs+IDATx^lu݉6NN8c"zs^bX-K /Wr3oWǸ\3MyW`Vuf`˘|^T3I ({fF)=#./24*`r1b`c[oT%l^h'@_GG'&ߕwEg טO~c2N@zG6ZZ`tCqYsX*@K;7|r@=r)\qQX-bCTʵVD7'+vGsop6W njy_}gcz-0ˆp'sSz=lBrE(ʾRA hN0X,)J- NU2NE~Qd¹ ٩8ø;b}ۿ> =+c{3?̰Oq,l@FT*;6Xez .4x8hu†Il8xJъGZZ-GYX:vA *$8ZBH-Y|7qkynv~1]|sԥUSKWe{|2Z$A k>ݼys88Wd`@vQ*Ueb^)n8ve?DP;Z@H#)qb;9$ ^{*I8{{yrx/絿DnH4MTn۷;w:8R!cUX+h <_ֽnPIb8Gd0Id2Hˏ\{Υz.tBr|6ebX+"'U{ɺFMͿSgbr8z'3-U* jT.qKՂZϯk:")AdrxAiW^~g%u-j*jFa>/);!PtZ.ʬxRJd *+QoB˙T*u($ `(8 2blٮ/nlzG r*l9'ƙ˪X:l Z\W3ޭߒrxn~XFx:r88^yg`:9Q4 -E' r^ğAՐ]]&GEBI3x_ ARP 4b*?U /z(\M)lZK72?  ƹtQiuBXD95s r^?`rxE7W y:8|K_woǯ?: L3blSi(vh;L (/3eeR=H@;/ 3VUb;ԮPכz@'X0p fYU G0>d{lF߹ Ve'xjFt<$l{Zu_{`4G?':[*[m֔PMET;9f7~-蔝XŋNc!`R&D԰Ncc?Ŷ:r/<ܹӮ׶@ RҨWFӰ?۔յGbJtYCX]< z}(4%\PVZ*{}Mɫg?3{@I N!`+LmRStcMQ~ D*9H@w-d@KaPs"z,C 4;D[*#R%Q^*L,2pm_KzR4*3me ƪUG-?grxx;sڂtJXycY2KCz _Wǿ/#.\Tg|1 u?nj'Jaij0"V^Lk>:nO"&Rl=1wX>2yXK0j GMx[:ZW+RMi,KWXe lp>D-󌫎yrTq!rQUIt*֚G?Ǟ<,Fx1 `|ra;x5njK3xSߋTRC__?Vz*`i!d>1sŃ&UT0S&ț比UL% T%) BQ\ <򬺐&ӈWb$"TGz-4cj[*Ԉ><'Ej3'q"3E'Z }%KģJ1 $s?xWH&*RdS]bIf~WK?N3J+;  6o@6(_~r(#aW Wq>U݃ob nGt%)(jץqgT#AfP\ZC`27NT(zpHJƚ7B2LAxHߒx7IW%.( VR%۬- P:)tvR 48 #hW&RVQ0V Vha|ꓟL 9,! 4KZ1㝿g NmCe\ " Dʍ_xGKǟ贛XtNF; tV.3Z$UGo 3d#sDreDȁ Vo"(np;m 5p*\ H*H3Q0gܪ@ĢBE dѧU+n͒ 8?&9`pz6![ZS\[QO_'aaڜXI Aq@1] t;WuYC#aR~_Ѡw9 ݣ0WC҅Lr5*2Z2~' [b 2҄$!= /NŽѲYwSq+ӥrU<$i^h![Vщ7h$83 (T_Q8 bQ aBo\&%h%.1JQƩM]!hZGw̟kKއ| Wǽ9Nn?9fZB"2$~tR=ŒTfǏbKMЦTc 7z,6Ke; U# 8W6hT" b\KD  +D=Sp$*,EnF dJX^o8uwow~3?Jg Ɋxظ o8}-gcƻNuxR\zeWJE#Y[Ue~/n{?bKnl'J7o2|f=|nsR 5H AXrY2=vTEJw">`@̠ڒ!QP]PZi5xKTL-LҙK\D A\N\5yqIC lG+-:ڠ\*J3EL&2^2=iSTT\5+,[>J~汏|RCk]oz{W njD iC_Vm{cc:c6]  gv58bmwWCq#ПHPf`E’H1?Ycc1,8)ec=`i6*t.ј< aY~"XJUgN"4uT UC:qDlU#x6u j%sTæmðXd@_ t!8k6޹r}G>WĠ]%f'[H;TƠkU덭sKItE-XLҕ]R]t2],6ß菕8,fEoֻ$sxӻ ; ,-6mmuz緷2j3鐣a)RXFGFK\tJgzN(AJ:8CG"cʦ% %Jz=n*NUfo)M!@;NNUY6O,j:%O%[6mu:VacF/0Jt&sBE&72W,[Uj,KEĻ8sl9?AJ-S,~~q}!=ݻ9f䟈{W@~\tiHruLV1vdPΎ66$mU܍ýn1Ӷݭ:% bppsb=هWx ʐRDAs\]ZJ p7Dq$ Gy&WLf@lu8z Qŵ' q]}Dlb]j'œ`ňI=`F^ZRaDuk=u!,Wꨮ~ky{n|G>?FsUc׼)q^1#^]+c۵gokɏSL #*=?|QFG۝޾eFެ"\ tn;)#CKaOKMIh*k(!^3/s ++yʧ k 0`É!l*(ܸܢ3J78 3l1BlJ(0$NiNm:UĤr|@/ip\H܈3T<GLEr' DOY`V:Q ig$l ϱ4u77O_޺|LcTӝ bC8, \is5k~Fgsr88{0ێ4ajg'ybA; O?_K_t6*?[{[B4FZS(rό .G2a>-cQQ&MmAv[m??O~\fTSfu8J``yU`1p,bt G|Y8j @OowvȭticƲ4Y,W__ʋŤS5b( )HSMޮpäU9J"2հiIÑvG#|kNCǵ DEhbZcX]FYYgB +:!*0qC< OR]f($ZY1%ġ4NNDx hO9q9'. VQot[%UQ: ! &} m:GKnֻ)ckڧi%(ô3SV-^loq3l59Ѹ+Xu\cS _6x8\NfGC\+4BcDkpTD&^TZ&IwRY["rP#"//tĢ =Z,/4$ج [cXPrVXl^~`(⤐KbD5Gϝ7D-euK#͚^p#+]Cx P &60Ts]Z@ tAHBnѝ+W9K-(aC$BO$wNBLSyFS1J+ gέ@ڿCGΆJË.R6L(Lr/~~׆GaQ\tjf-Dѡ,"ΆO;)ђ $iߛ+F`J+dT-x llUu#sŽ.e= TjL[`bEA$cxLx,1s)+U2c|_JF$0@MA SkLX]b7Ry qsz\a chIzU9G*.X\L;/~G=عxH; Kȃũ3bֶ߰sw,wO_E:޼ꈈ3wMl)Q*szP@Y.0sáZ`$l4ijS b5br3r;*$gS64kMBX+)3BuA=PdΩ0S]d}ɯK!K?+EDzV:[;ιtjb nÄ+҅KlȔ_3ԷLgggv:n*<2KXlcrn޸?+/xn۪>6&#b=&Neu~M/1UCL% V+(}jQ-eg|_Z kf ⲩQ( >o粰N7]?"LV4F hˬ :(@RjC<˱D;6t]X0w8ytd]sУ74DbSI[dFBjTQ]IxtrVPߌng(9'`HrD|#w$D%n f:督at4$G'D¼[џ8jh$+pbrx"ˆt4wL*2y ok_}?:p5-D&-`W+,-ȷȦ6XV!:pz $ogW[h;r`lk2(ކG_"؂E&}UlhKҺL`_PO&14(#,-,5_:K! .,:씙#qVz{(2u(fbyt%Kpxy7g=GHq1!VC]+DR!7|jyHpWRiK}<p-N,mҗ 2v)krxۇ snW!> Y+M_Įb7wo~cgI.6JK N@.ʪK'o_q|kԎ(Sv')(Q =S}|vz@zO:5O|* 'X*tU1lƻu9X:l`D[mY拙V@bʺL 9 9: #)tRDzr\=I"0'6G fj4$ A ѢzFž S849 CjS({{{`kg%&Q1}ݿ3q<%Ȣ8nݾ/}Kjug5,o7-Ѱl3 !HUߗh6iEg^-Jx*_ !nX7+ yWF z+YtlSY0(_(@B4YF(r{СqJ;= Vo짔P(P" YSDaj-F¯c3~DQ5e$T.H`,t.8OժWAWv'݃:Y0 X,BPY GݨjWp%ITZXs6o~賸9fŻrf\m>/ɟI܂"? sUGlJ5gT6Z(7-w*o?|6gG95GH%K3Q]-bMx=a풛95 ,at*S29h~j1 \'~EB /RF۠[F\)~ MR!$ܤ!'Em*2x"NcO ؈8 {Q m+ e/-DꠌO("U (ki*=x.MrX XI:`Ӭ\0ow jO觚. %r]||g1p5UXg0^~/W_{Cv?han\0vVi*d/AUfiWtC¯0XEҪJR{+Y=dIjnIwq`X]}BcY/F7HQ-%=Xt#ur H\ =|tq(G qX0*&J˯q* #ש^e=l%KN;%ahxMAI"O1³b~KnLՀ ,Gtp҅KTW! GGv?ɏWR%:[`ƻ[_[X3❥{HUєbZWS)f/jqtth@i{18 l]&yy)UEG\cQT%XA*FB"$k-z.H]GG;J[chob=CED-h l+P`:GtxvH Fb<81u?Е*DB6քbZc aCc8׋ "C?K@Bu5G Ңۑ"N4Q.4@]SPz@?PQQq!I9юս1_3{pgpl;!?!mIp} p1Jсq̗&z5ld8rYUzxL賨27ʑc _€=pX~ 2WҼo/\Җ?SYt2F 5y.t'yjgJJڐF /16}#za8U?Pe 3@Z3ƵD1G$ORJ$АR䃝"+2׹/P RjT]0T^aR4"HbKG$cDJ DBV&g*g_|Rw{W5%ufSzW nj9gkw4gtb>},&I"A:prH3OoSB#)J;@ _CE^i;lTFPcLZ7R6gF ~Vo+ kJyh`2zԣQ<%0iK-Ua4qktJ穖-68Ot!(tXux57,yy3atfa9"!G4;eX*R.A b R⡺ W8W`f>Cs>EQO}G3ứF%b??噫w^/#nju֘V;s1L\}_WsϱV6Z* |)͒xNuL Ts/H:Yd}P,zFM~ &:o"NW3Q%JLD}ܨjfj(~G mȲ,z)RWF=WmhEAy-)+nUuQzvMrIML搽O!. g&I:?|i4PGzg~hƭѫVD#aiE)Xóv\u9`G>'~cLMQʉ:KCKZak}߁1XJ"d($ߺs/>NE"߈X`(cbFl!3Ui}P_J4*F(2?R OcCm˔HQ9#Xž8ͥW̮3"PĵeRHJBISUZuIĕio3EhI1o*dUij-=z$]GP̩BSd$Q9V%Z'(&`4d4qlzO?Pt@)->uqzk)Ì̏Lk/oWfWAEV{KmIخdT~wc@ o I )Z0걼)#VT$~j,>$۱~Ls5 "akb^KjS -4n$<\k CX,';q;THѮ'ʿ%@ Q>QǘA MTDc]$to /Qzc…pά .-$!O#UvSm%z4wO9_cZ^ z6ࢤOA8k0T6itSҬx ,k“K3mc;>G1lޗ"CtblC??P8:N+`c>Ftd%34䜓*խVV_\ί]{ r2 ?lIN)}]G2$]]v-](lPϪiW($>&u D^%ma`?Da]ɦ\JLa˶z+%ri k!S *i)Ô,r9"O^KZmQkRnšSx0)ҕ͈56 R2,YРx.aMvV  o~'6_zvH%(w˕o|b77wѩGբXAdjmVvw۵*e5u3< Eo铋LX1] nMXlk'%moUp[K^e4ن18"<sǥ(A6F׫L'/^U9=!(([Pރ/SB 1֛W} hBhaHe*Uu4G`jpPh e*!ﵚ&&Gsk.dèVsݥΝ;`?g~/՟tц6r#5it|ocng] 3gW_ֿdaXD4dRaJ.?x5WX/UV"z*`(mM~.( ғrSc1hi($FQpRW&<[$[NR~X[:BҨ󎔫 m }92sDK`Fzd!G38OEТڋ8:'唡rÕ jpT5& nX\DŽ"MN\_)$'鋑Q)㊅P .Gc`N3hԨ[ wB9򼨀#ڐHN=kkOw1|@!͂rR]㽸9f*ۂ-! *'Y&d[rӭ trijԐ\(cJGY^`Wѝ *ROp;=K Fȉ\dr̓ Eܟhݸ HіDoCaOBH>ƽ#Eh5DA1։&2^nͧ.v0h]N)HBq6'+u4 g H BXJqr9hS'M%tEd4$bwVoܤ[n??z%ru׈z ߡ1Zo* W?%J18x1m7MlM$.bBrpn@?<泡4 +5j.^Wk2v+"q۶J&1#nc?8ZD Bӓ$LDn: zUY+qCd':b8I|qi #DԪ!\}KBl2)r)";-;D'zݮqO" :5!LE N{6lt;vHehnT=t(I)޼yR~c?aXk ]|G8+}cSxO@m80~8⫯AbUF6ZH+^HH^TSLV[8DA۫Tx2-4h{fkʓᰪu7FocjlBF!A4WDE!xq@rC vE" sr1/jO\g+Tgl?"+\2d%D_i8F_"e~F-ϥ(E # `;-{+5?TǕh,D {pZsNg0n ƻf!lϒj^-jv&9+ =qgUoP`hBboz )jdx. cCo8 1{]3 ,s8a0nݾhB+]լG:3'04GD{G}Îb vzQpKia"V9egk`.ɩYpa6*֯m D>1ޙ799hS$ϕu;wPS5=u&Z5ifcL4mh>knS٭m7.AI،.Fai $0 M = `cN\i|%,q5EqZo*C6n.;[ĕnpLj䯸)\E"kTgQ)uZL5U0+d%2%P91e(GD~A^':DKńv}q-Hj킫wҨZ%lz3>A1/=z bʪBtH%DDwЬ9-Gid=!ֆ %?w>?W_4;]-ģEdRF^x,[>3~wQ\$u3²}A?l>()o4a V bj-oPnlГTc~jR,TUA?}\,hY͑eO1B(9 fȏ)SVJ7I H+)4~5#‚[0B,mu@W岼,!WZ%F8%z-1rzALcUᨹcCbJiFPtp!RQ M&̡*/bUH.I_Ha:.h/j}@}3Q_ڼtRFohh>pധhP݀p[3 :CeI柙qfnŷ=PN&Wj؆/| ۿ}[;`c42T+u!rힾYTѸ9Ԯض"=%i AYgdԠGx&.GGT<3OэCMQq} #TY)V9/n] SQ-nL'yȽv[61X ۹E@=^~~S?8fU9Ufjۇ~Yqa2M=GZ5A'#(\'$GFe[lۃ*CV[ErW؇Lyu :yr\hW:6Gr&5 5qK_NPJ<;\l5o|Yhj爲ocYW)/408? عZ}Ҭ|:B YX?!B ,J;(%Ϡu,_݅4Ԙf;`8MG(SsKCoNY^+ØpxܲAFX3j`'D{ TbiL`c?;1 ޔ"1@K_yAs|?#"N\wQ2ɓJIejgC:8) 1Ƞ'Ul10@^+vCM l $d;C 6[h %Qq2ZT97xvjN9WBKl6>؅V14`Hܑk^\ ~giC"v'+ >FJYh=2QR$N`% ftZs鮐IHԢvvFP(lfPF(xA 6IfR4,SUԟ~/?O*MSRM5lr.MsxnԇtM:u4_C{uRxgMB"-@ $-!KK&#x iMc:D ɣ/a;;$ijuAf5 iD%d04XIZQ%CX jxH!GMr׷0 `O1DiDq(˚>Xiie_1HVQBU\ֺM Y|%<[;TUOA.!K[9Fa^Z/2* 8 Dh(pw0flqЛީ&,QG!H֡sGƌ ,,hnLH,j_o]F4i^}81Ԗؑ?BDY>! ,hTo:ͭ, !Clps2'vȭPQH`#1 eEk˯!nV* ^*5w:]Bhk It ϥRDE qjSmӱ<\V/*i(9F_b !޵ ؐ9E`"?lY kcc%@a+{8 PܠT2pW-YZ,Hp}Oц_$U!d5A?~;%@Rd€$<%Wk]XfJNPtre8TlFq0x?ۛWkMjIC0v|}1ݑQzΥBd' ?{0a|tVllJJ4vU_!L]-N$TT{TQé-@m$٥%iq.^+.@!m*@{ >umi^+p D*O_£! mAU5@%CeD͗uY6h9*F(PW5ؙ%[|K+?9/4($`l3HI9)q(VM4:s1 $1)q Rj[^KVjw!=LTJ][jd{$dž# ̴[Rinm|ܟB?oQHG1=YYRV njxo[w ~i]{۰ jm-FJpa\½$Vjjq ҨTMਬx/&Ov2K3ia ̠ŦNfI ֓sMNgAl3NɧJRC3J Q"ljI*,*٧Ziw0#QH"'wl6V0ō},;e#{K (aTpm^1!"tΞcG2fWji,IOpwl ~NQ4~*EMjD]k7nජʻVSx4^ɽhomګegq}["Ȯ% h~;qv}^[1&Vo߻pRc>nϵGFa4ƳfK)U+$'4b2U喬SE2kVgp>DbJL⻦!1ZPY'J)YfJoa75f4Lr_j!כhj>'\ f*kF*$ 5`L{Ch)62Бtz*!vi#tܵqRz' Y>o w#+*.) = TҞqf [UcnAءy~+H8kJ/#dJ&j :E Ͽg__N/Fgv+PٟO_uX#,i?݋}i 2omt_M!*qHy["웽j+-ޒ͚e(^U P8_)Tk5f\džUTk wv;\5F'-U630Jت& No `G8y~(Vk.$cSZG@ .%SIɁ e~ufTې!e%>mWFt%vrL(_aXU8E\mr$CcoܯxFijJqntEep DGI27%`r ZC*UE2sjP9ģ՘nkU?R@hZ@Js8$lB@z~WFIb<<둑HOj*|s s 6e$?yt z*˼.[UD`~-6m]o N"AFv투i!]!WQ7y3y7CTL c 9lWƒ:EyEFf4(>c83!ʡK4/LX"Dgphĩz!pvR%  81?>+LJ5S< DD^'Ae(*|xgompX˫ vQosB(jO iQR'DAC(m7N^6kV۪" prmol0w &(nBVN_FR>.=0߰XM_vÕ X N9}vu T0kW|ܚkCn3i3T`'-ě'*N٥WoM^;ny(ѯoꂌvHNqU!.1Ď[S26N:5R R|wY'*{ ];AW*E6**׳ g"?gB*%m^ُצނ]lm]iBaf4xRpq5-t' ":j T5JL#5 8sI:>̓ZED^:B *ųзfsٺEk̈r"Y~wS?UE9\Г-mTDxa8~8V*35\%\J@jq!Azz=ERfF|xGcE)T~>FFSQvCqLC1lS?<8%=Zd_EU:*)o޹O?A (͘ WH' K ;>MtAGّTŐ5L}oeefXRƄR1 DWx&a PiӼGI:5+myעaM\ǣ?E N^5\Np-*@Ō[-䪋XGʕT36{r_=U5"7{*l{;JG"8fEqs'8FtG ;)+\#XtiG&.d+0c *>xD68 X%/wϙ.>rpĭv+| R‡yPgI:9v X{9+c3$vP2+Oit4.]ztG~/=Y2e)I z][vJ ZC~bY41E^v7{e kZdLA]!{jekhJ N( rD唿퉏+ 3V=~C{{887dt᦮@Ț`0Fx)Ut"q\/Lwjʬ\3dp(L:}‰tڥ9(®C"E]'>pZLGI"H4@E`Jc(gfÒ.e.aRiV)?7;zucU7Ns8O+njS\ܕ!Y" ߸upoIFM$Lzm X`@ '1&)vNhh!֮7ƶ[̈&%CO-ODjfU`x5v"`#DC~1@eTĨCilhDxþ}-Q*Y&>sVIꞰilpp#tL{e1tu9GNb܋&ۄSvG{0ǂM 7}"[{jO HRDTGTvhTZ uީB,&#+@TDm +n%kG2'yk*RLBRda# q ȉ#Q͛eGV>Oqv~rfmQS=fڂ:5nQrYr!E{:PJ$pĘ\\=FᨁwFQi 伩SZSMal'!޽sXŊl:aVE:K1~*N=>!tH4TFg(RL$Z fzepg,2I'{#7ZvSÃ߄Ou}J~TQ'*⊎mʮ( EAeNd%ٽBW"Ƥr̚i6MGUs?!wVj鬤FSNWn<8KlUњƽ=0 (79'{XsN& S/ |* GL~nC@Z-d!ܑ˟#׶Lm@5p%MBѢ٢I!\]#gʑ,]vV%]1Êip^m7{>ȶ;ݺ_7,lGx35rJdqK=~@g^zXpYD%}:1Tw/{0|3_|o}[6f l"ɲkun/|O>i$GAT"95T2L" E41I$[U_r<՚Spْ F =T+N9AFV֋!R|뢪Ca1fo&۝F0=X"*K$_QCI 6&n?svǪ:yuyNlz2Z^.*][]0Qf̓sb >P{ܮlPpLwK(BĈ:d3JcNL2h6Յåձ qڴEl!GqǷo֋jGC\QUEst[wBlܔP&,LiFnQ ߖ}RDWS \ Hෆ Lh0mGO+f،Ǩ ߅¾Sr'OCR% DK jֻG$T>L'2Ж'֓ԥqw6Vzr2gO}dM{eƙz"f`|2Yc6,1T4Ђ[cC8iV^ 0Fdi|nPJ(h{Y ~LmQPsUug&y+nw qn]]= ԁGWYa:D)R#%gM݇ "%W) V5˰;"gŗդ98|3s$c!Y*8&􈸊J&9YZ'*Ǿv )96k׏{SFcyrn}߂i{|) N:dU E*Ps~}M'z\bN֝TĕW0&g,~ =xQj_|`b|觝̨@2 Oܺ<ݔ'ݞoV~B9f2NN,Nzj-@ U)ѢTqj$'֔CP\Nt#gĽ(;X.KDl؛, ~O) ~}]TMЊMDI^2M=Gw1}7!i,lw\P cm*;xӇSM]7#b ?/:(^pNAd٧JOy:Dej7O($Z (>iA\w>E)x uT ?A3;.9{~ҫ|{ţVؠ4 6 C~)1o )Fyǘ.W?5jth$Eqx"Ve2#5 S[zIH[DckGź0d:2NTvDr޽' a,G_ IJ)4wU$Yd`p`Ϡl."îɦ޽2Rk%$?(CO]ja3:}(&!E(QI}C#S>scae7hЎX t̊iYVQ%ـ]@cO-Թoh~0$q*bULe G<d8炤}QPƓdQw.]}_GQJ.ĺ/d~o9fO==o?%CMZY62E0|3T\I*D [nǚ8dP@5G_3YFכ]7[{DUa*wk[(qㄌ48hXoL:wb}S1҉ 3^8p̭5,Vk:H(Ed7^qFg$tř;OݗY?q5bu^?y~@CA&R'QP̃QFmarUtN75qV7$EpՔA&4V%0r]abh4b(ZT|N(Q9$ MJJcO<$ "u+ci[:ט:x^" U FnxW=l#eK.O?2/<:1L3hO&zD:̵KpYwP[VDEW>N#E]>Kq@ߋdb]*.0adH\2}^0uv$qh-{RBIJO8NAHJU"AT+8AG:[Dz^ݔGbC6awz< Wn;Ǩ ]=߽{\\xܧ\OĻw2QF_}5&&_님 }` [Mڑ[į1MDyB2|d/I6[[{cRd; p;>lf7"ftؔ'ΦcLP₠a v]b+U̯u+cPu0B6xmZQ̈^ }A3V*aɂ߂2+sC|]wrJ;rE$>2R\_;'5^;.l&(uc%P"y(i2]2ϊ'Q0a} Qdxz_`gvp]S=2i7<3\X PIVҺD-72ϑf4<5IB½x2Y#.EYM㽱9fli%oR$gMAt* ~A 2<_2ѨE~b&6%aB5'qql4g[D$Sw#!ۭG\Jo,9N㛀u,5d mXqx 8!*^ߛ銣E ;įkY 5M:́WF1 NcpZ5]~`l-:0;;|}L@#g)@1T+z3&w7Y|m(UuGc^vͻ9eB|*XSOA7\ R+4]T}!8Q7i:d,>$!dSʘG 3\pWlk[m:rA-1*P˕b2n/5 :] 7{%tdy;If uJ+e p ?"/i'p W=Z/hD%b$ ګr"w*ZGFѽPuoDi: ^\~;dFc-F7mc0isZNwg ƅFHX$+Ai}1GALՈH4eNnd±<'>f)ޒѱ4BxkwXBҡ-??~C>?>&85G6^ D?8}ۿy>ՔLׁŷ0+1r\0v Xgy%ŏJ!10=NTxpn8_d^a?)dW4| OڭnRwaW$^_3=(lY7rl/K@i^mn*)OnN &>IzrOX59D fX9J;'?+VYV2a~'jm c߉,S=;mTi2s{e0AEx ىWb%5y/G肊TxI6'Hv׺48ֵn[C?RNY!EqNxX0ՏaU)W~]5-Ö8aRZ"6[IdbLoޛ{;N:9d[dٳaÂGG@OG.! +fY&qL%i{)Stn]_1ݝ̭t}PɝbWaUCU5Nfr&S;:+cƙ-; !GNٔd)ߨ{ܔ:8Yum֞c'XCp:$.?Dp" ljA{feGܑx'[,A޻X܇44GLc"woHG 5PǞ ""Fj^t9dezQ @!`l!ѯV~Zomrxk{$B)!y lY <9@D AƇ9S:ŮY )_iKZ0K )ZUR|Yh-_ ˞Lgx!{d׷g1Į7~4ro>M;[+ IĠn On9+AII;?}1GK}sT8uSv'Ex?o=/Q*mP>3gf9f[qnz}Py&+B[YUEF-=ߛba ˓غY~Mщ@SYoQ]zF$`|HOkƹxV8fhfW8ݚ }޳ǗbND:ԭ̇Z"?ډy1#<⹇pP %Dno(K'eѢTYH@E^/=Ϝ}-SEĨ$m-h*q?j _ϡr$(e^YmC^h>cU3g["]=| e(Miْ5"w$GԹ9S] 8 5lU§Ury## [ gҁia9M]V/㉈|R"9ǻ~r8+8|8pQ9w\6ua-;+j˸ouԩa#"gxBVa"ab,6Z0n*&Yecxlm/+P%:l~o_}ڣ=81Ţt\DoN ۥK=gxJzC618M;RUI굌Q#RR3:̼/x1sP'ԑ=گ:K9O|G:3&mtn}b4 !OXྌ ݦ[xVhy1-.d"A;N ˙L2iX,Ot=~ĀjYu̶JB!EJ@zZwg̳29tI㢷\|r-ְdt"Lɶp__8^ho_)c[bYj+㸝-˼oll`d$ 20yQfh32 ζk3H;fkT2Sc3ʗy a+ͳ6zx![i9W{_qAyFfWNl}6o}yuCB=#:l@;5f|n`̸l'n+,dlXzjmU#LxP!.Bw&] O񇀜fZS>-:;ĭNG >66ɇrBg{tߪ_|dr87 OvMKKR +!7v&OWZywVIH4H{NBY'AilvCP5( }:Ѣ0.Tp?#='V,SB-)zsmq28ɽʑA62O7-J3ƶI@@bRyc8HO8J\P#y;?l=׻@ ,ߛ^"6".d^V'GAYj4gS!"4p9b ş@Hq0 lnK HjJH'#ԙF0µor]R]oZ=RH0)0>]G!67ЬJzm19ọ(PR82I/Ix4 BMqLXtm[*/13?! wf1!&F($\*3Fsff߅tb`@zB1_ $@ѵ1W↑Dz߇j{V njg]^V'ժi_p/.;=Qv4!VB.GO`s}OOցB] Eh$auf2N7$|zFQݾZ\>CsNT5{ӗ"B!e)!Z~p0hMcX0k~";-'1qA7ΆaM6w6#D% [x [@@{yC2x|g}r8sw(Epy%XVتԠV$PC霋T)7%5L\i,Q"|mG2w&KJEdӦϥ'rk|I,&ط\{Pa]-׉.T*x7 -\ďe>mCHZ=$H,AiƘBNx^(DI%ˋ-&c% x1#PcnMrv(gŚBhmmm!fs)U %g֙N't+c).i*'H)ƾf[/%̲5aJY)Trj @TԙR%6N8Ճ+Ar-@͚'36ѡ" EpeL5ݪY⊪_QR,l}E︌kKpaCdSgz}EZp/~8|QL!#8Gу; u]zu^3T i2Ww\uʁiD0qL٣*c2 QͅRWt^F6JZNh8c^އ~3-S]1's[;ۚSQ[2 !ӁUgkK5@]*fȩM61W߮/?ˡ$PxfBo5E u^pbs~x+3Jpr@"b;:!ɕӓR",'q}m=j)E6/f'aC 9kU^L5<#$n}Tf$a#B/!`"5 h$C%8:'v@o>7sg-|iƢDqʥ#/_6ZJ@GLA S_VuRuLŞ4ul"20aE2Aբ\@،K(!?h'ϋUaԏb%e͌\n*&ֳOIq1+!jOS*<;v_G&Ns5:=,zvUmh{,d]ZAl?sM Jz"u:Q 1R 'CN#f5߈|39f[(c^#<Xg=+T76UL$)cl+Ij*0".$燂Z02P&8{<'8nʧ}YQDZʲ\p<MWH鍾 qs) V@+3]ˇ-LӟrH@B@3#`ROaGRJxV+XNvQ욭4K<QWlx/@g.'ۑ&H8w~ j|t Z! ;ITQ6 -Sl4:H )٠y586dMS˽~01 GcMlOjHpqpwnmq{êQe驇Zp,y( TYS̓᫻2aH;2}V(:^ r\NH$z4+vJbn&)= U_F ];0Th<.I"g8,k7*g9R=}\4uzvŴBU(5_gCs6 r0k7[>-7w/_u*#OS8+c1qZ$IM:;w0 $] Dwp4b40rLY0m=)f2DK *I6T6x )JԎm ;u *&x+"Jjrg¢ '3@88I s T*sԩL…GMt3ؔ=*e8[PlE?' و 4](suUb~Pٚ a#iBoM);ev哲fa4'(!,إG-$5T~roqrx 6=92:P¦0F߸qc>̧c } xݩz;L,VzO.=1IUh.U4Z"F9" ω<9P1OFչXb3!n,aȑv *> z"nc6fc1G8Byz]4bEU:p HM죬3 Ix*%JI)+e=pɔ#Jb!SJj᮳7 ?0S)Z@u+<3FOTamH_Pq*"* px[ǫ8[ŅipUï+pjɸnce}\H]{G|9èd_ /D39fX!Oo|UCv|!GrAlj"VQPB[(uգZA1G x2d@T4"؃*%|Fq46 ڌ 'Ñ])g${P aܴDZ>+!$fgU*)h plM,:,[#n#2,)pAUx؅f+'a D*R[A |8.ReD32]2b S=EOæhI!; 4W `'J2J5jE6\)s왝OB|HNzŋ>ĪZS귣atQkgԤiqZ+y9 ǐg`ܳ޼qc:;`F R L!(GCu)?SZ3Ni!~=hŌ?ެI&}Z9AlXVq7pT34_aN!)Nʋd9`75\%w|xDcr88gPv2MT!,]UJ?afScSl*.xZ&Uj,.qSG\DA5ui.;#L‚[̨T fD}%<*`dԂ+P Vw >Ckư%;<i T>I;^AlJAFlP*Nc.uʣ/w}R })ɜ5| qYy"<#aA(rq?DEڀ|nw?O~R /NFxo";9fcK^ _[nܷԈGߖ5v66MpEUrOxz*MW_Qx]"`U#@V(3Ixboõ R+"r@jL,[a`"" >*dT0mHw'| re$ME5w RrK_Z$4[c 2%κ? 2x+.d6aq;:c&Xػ{;o􏠖l5@)hwhVF*3NeԀU!cfijd =Lnq[Ur0TtHClvJRIXTgH=zP%]J  6adXk/\t#>Zjԉ&@ Aw)?er^VzOĠ7wmDq]s\>.W=|{ETҀnf *h'[,jmc:XO: . .P f{{wRO2LGtKIc z5LM#jCȈ5-;Y@t@@PfJE4]F ,05..sCs1ZH0;O}clrl:q'hL JHw-^*d=wۄ"M}<^xrscS.# {{xw@gy)q)`P30lIa(lk66; P0.Gr16bH%Qr>aGÃݪXzr?gxJ"OiBJRFByW҉%BStPknnj !4ݠc50+%#e֬ٵŗ-,5JuoRmZtBIPT3 ;G bbȹj\6 F 3F}d}SX0X~f*)5"0(a%3e1VW!(muqLcRXyp sc8g3"'- = wkB#W>z#ĊfqcY(orx+yq;CE0{v88PG4Aռxn{ixX)K<&m;?1C|*!XvZ*"XwgްHVD\?$b%"4.`XE j5.(_PW]oMuŧL0d&al~j?0`5MHUjwiVe5:OS@ppgwO"[V be{x@埬CeS!塉J8iHgOj76|* Ƅ8Nq(q;,ʹ:"D73I>[Aj>@.Pz.+Cc\kjS'٤~FCЕׯ>8i4n*( A}߹澈0sXw(9fskm|2XkX!`Ƌ?G]#̵ ;a5ncGNW(/*JnǃDaV`uw\8ng{_X!!lztRVPfahds{ԀdЌnQTb!yb zֵ޺I('$lh rSnPViAҊd.1EF`ԊךM`1у Tp=)*@GHc`LRND N%Sb7`HƜZnڏdL֟";Smi2/"OaM{*QҨث>!z4v ],ТQ^z=9ιGE6t#- "qF)V8GU^JQb_zÃ}2eD\:ssͦx0) ^w\Y 0fXMj#_[-8H*Nkln677Hz;th۔M&֥2 fTaJQUMe`!!PU=5WVx6\2C0 3d0 (JAu0$]UlHPE?N:Eu.(d3RP$WyI=Qub62 6E>^hxXeY4LY%zƷ*U$ƔnYjIB&q=˵fW内k8*Z^6ir87uEOr}bxēJf\dօB{.d#6+˃iOR6Sh ](am~Ԃ,-RoVh5;nk1Ѻ:߮^h^lT)cQ#>r^ )(b(V* 9ju' 򺬻xXE2Y~.ղ{kjQ>Cl6hDه9581FCu-{6a%a|_@(C CE ?eE<QA\4{ ^uEĚЩ̒Pa৶nRkot*Uob4&>,R>S$^7r!1lU "e ox gj(/!t5̡-r-05GioO|[@_߯?" VU ZqZYyR_-rVhvӬoFүAC;c^U*N rQTiix 9C Z&}cP"}yT"^5hxJ^~7yzok%He9V<,Ļ\E"4G1_?<9Hˢ)ipH`ݾ"+#u҄lh^UO_ JDrs$4<j+ by;N5Sx?uEU͆J {srxX{ A0Ѥ`/}w~gt@V_0_y-h`QTv?hKQ!zґQ'K*!24-jUڲ*it/)RϠgzL $$yCSv&ba洬$Ѯ7 *n!#ȣ1]8,:"Rj0+򘦨JCuwbg^,T-!?bvw.haέƑp+%T-Ԉ%vMS%RlԛәHɝvC\!TȤ^VPĂ*mNwue'H4Cr}Jb%A4٫F7"ITVEօ l'Go1$+/gp`IL`9uǧ< J.w/կ\,L zB0{X,u9f]+{M!I|[w4fɹ]~rg'0# ig6d5&$N,.[ugEyJX[nUt٦>."'Z q =i"IQ?P51wȦp p`(O~YJ)qE3YSjva 7X7.ӗ~&Cj' +hHLqi9y~Fz}9<݃ݣ' YŊΒJ*j޺vC@$*ea .vj ALTcDzipyQZgB>SL6S"0B/Q!S|(T#h)y]'MfΒh;wnFU|BE=jhYA|BXA;._>LvG ,[H[:<8oò3;0C%ղ0=/oxFGm9ϟ}'v6ۺۿ3̈o:%^8<- QPF\%LeGg.̧ Y!RF⥒Ayk5 PBx[-e F^zGR)._uaڠƐW8StHRUMti6F͘\̐B^ $MH#xH&PUB !! L[nwrjު6PXt)uAU8CBhSATK>(PWX]h b|@mȢ\e8כmjʌ H"r]z =A`ɖxg0;g&Ia} QTj8r۪w6z6܌yFy)5CI]xo@}"u{|ܻsGZdpef3ǎ̙" Qq4svN# %$[Tfjh4T+-ҪZ'jntUm7666 [e~vG(olԐ3"HϸUoPǎan9d6@Zy{cP 62j& ǐRMڌ8yq3 ٢!!G4Aw}#*d6Ă-ivl5)PK `2`YAdN1dۆCJE )C ᅇO jjQ״n%Mh(N8}*r) j 8Jh%wS3NQxwûoܸTh dm6.t L7Fs{}ʔ۵ Uh5N,u ɠv X<}(I&}wTQ Iڱ*",}8H8{ QU%i.G$ bGtX]Dcd9g:!eE6 ƜW(Tl<GHBJq`c&UruK샔TQ# rPaYܶ⋉_Y!hUUc*P0nނO4Gs2?Y v:sj|?^Ǘ/ <*.(穩]}ncwcwj4%O+/]wڍ?rFǁ= [Rr13yH&St4P2i~ʤ!L$M;_!@o_ފ ;7bЂ>xɗ_ryh7;n THQ#B󀇹HQ/+PB&vUC )g2eMQ~{9(TJk[RoDM.lCTE| 6CWBγLҢ2fR7,"G,/("@JI4 )a8GULckJE2_0 bB9Flk"B. <vm:]ںvsKEzx/@]W!MOvFhoum0 ve0V޲2ECІa$z 4I #Xo‹7_=ZL'ѝFsZJ͗?hvk\˭˷_*®Y!U 4z!t5kpҕrѩ ;.cV驆 "Kg)Ijy%D rّ2/ skjt+m Y55h+Fp|`xcog[w^o݃+vûwi@pGPK.Dn`Gp[2RFJ]z(fu^G-i7nRw<p~;,7Ŵ3[ ibAnjAzjW?¹Z|su\>vȵf$NPl`@j)qx̿h2_U #\R\BBţ_B Vn֍[t2}o ?t0V[섧H hɝw;c~)pB/\9YM*) $0AY*4IyHШ827;=+d 6bќ 4բL>.#=A,KXv]!MzzJacWIj1l܇? M a@^zo,s Q05G~QVV N*3CaRt!)2M[Д]M ~22#]{أ;;A=-]dFA5?s/}cƹ[p k>>LK:'MPPY }@@kE ܘ`C~7jT56 C% 5kH 9=G H,x֨6]c-XGC*!ꄰ<ڳ/ 1Sh G[P0P#a>tPHLB5s,>)TFtӖb? O[O=RkD$`Л A0ÅbkBc0j+_f tsWFxoW^/nl!FLs`=6]9fu(D dh;*(5v70Ï^{t6Ը|?'ybʰh;bh$&}XmSm6T VƦ*DIm6d 4N[1ͱ0jҴ:%I$Kn,TA4ݰnLD>DhPNtGJW_{՛/k|VjmO+/{`AkJ弣 M=t0{{H?EO1I(Ջr5i:81_[zRow۽ db DRWt"8KA a#0$Vyy>n=0$#e9?jxB /u~x@ݝ|R>կ2I.ߡ@L ip ƾbD[aT6_$*O uM8e&1wq{GQYfڵBbnӌ^b{kzQ REnGT.@b^Q_Q-Ո<}m\ctAjUbu._*9ZאoJ2H$kן| ,z6݃_~d|>9:^nwo!EџO6fbos>R>FCUXç$N/)Rc Z#ܭ<# 1lE{= =]Y {}H)D !ZFk5Ӭ)0j&CIQ%?B|*¯<>r8;$ӨA y68<׿J6NJBdX Q=m㴕Q?xV 8B%Xk()jK6 Som_zEaf4 /]|'S'l=VI')ApE,a”R[d51AyHWDQe5nN4!וJPžtUrVf,5<8NhO!uO>y?/\z[/Ibhn_գÛ ~}5t4-6ks#v@? Lm&` #wvkHQLOQOj.M1?Z |*5*:BѶRB>dK *w6QLfLvv ?RS6Ih:(^,㽹9f<]%ME=h18:+!wak#Ji ̻d4~!JJw)FK+b)!vG}K)n< H sA~s_xq|=?'>rNqi޸sglͰf}23sV߿agGAJR' O܁v+"XMť́KSUּ9wJ-iT6$ +,olPtGDݭG?>=־tޕ!%n«>W.#(t-2uB4 ЃMo<f\u@M)NJjJ MeNRU,6-sV œ52TE/{ӌn1z8HFխv{Pi@KG[1Q Ҍ,?bE!UBqzceOC~`_@ w,6^]فfT5-} T?UE$e@8b h+j~SZ:4hwjmUkh@aպ|‡>'?|W\>w֫/k_<o/hR7G Bqgą4L~6d&G^bCRTm)S ;}UDa.\xǯ{S"zoҋ7"Dl5pgo|sׯ?PeO>SzKΟf S L[@@& HMWIiQ5NNƯF-FX䂅\j@HxTt\BMsuS R*-46QgAqRDd*e4@s+|?Z3xSd+MBd{glzR("kdچ#SM{bGb+B~iOMSB>O9?{S+@-i:Gb!:K4יˌ/|xW^]Z`.C7uW667.P)a W"(ml9n3\BXKP0Cyқ `S UJ!zg/_sRKȄQ ۪n?Х y{c l}^iǾWO ! cc5$3f>@3)Jk *AxNk]B[bqȟo~-g+5> d:Nʪ5uQ2AJѭDश׆H1^dZb< 1ԃ|]ߍUU<0⢪uB'ofcC}[@ 1,P<.lj#URdMJU%R? ˱cs(*GR)D&M+6Zf,i [O>8nU]GͮQyBp9[ jaV񈛍"hAu^!I>Έ|Z iXSb臿gj&$67q2{t48?͋pU^huPa\UJ[-t.^8M~?$ ž#^ty87+kWvG?'PA*Bѡ濮P:xmC@w뙨N1#jbToFMj&)F`"izHà3EׅRGl"@ꥱ I1ŪUP[K.hfFHEY}|u+ lNd/9CY|wwo:/ 0wd`sm@~s] P៾v`ns|XDZ@ғd L+jWD>Cߟ|~9f;ۭDyeLa7ݭNG[|(kDUV&S$inȱ jh`MZNel[ww p@WoW^˃;wG{#ΉAP+ [ qtp.@E|%OA󜳃|% ⒫oAҔ A H+]ap8u0@ h.?ư ^QGSy^hhxw<ĢpMujȣE+* F'wJp(08h!fmJȠbJ,Ltlx \CY&{XAisngC#+Ox1Ve{ jRi/dsI z 5M1!ZeJCѽ&ajZ2HYRj0J B}]T7vB%*_Mg"㠃$SLQӔGXNg{Ǥďvwӳwxxt L2r$E!l å2!ܓɶCJ3ȹ q`1Tip 4UQݎ:sU=ѵr)(*Lc-͆q ƅ -':̤" d;[[;続[ll\z'أ??{ g'ʣ)cj4d$XB8mBOZ-@P)JGmn<%5{Cqfao@J)㭎PC` 360ij h1ZGlpq?ڽ=6k1]vʫjHcCf8Ntߗ=i&(EhR̯( `',Z\qr=*;ˆ30jN!.4HzLz. *r^eJtfD7K/r mO;mSsn63p " ( JP|ҳ"'2DD $)`0`gLU2+o￳v؛yܹ֩ ՚jejMY1I8A= N%ҒhxFyva@Ns'Jrs ?z^lwX2lf)QgKX]+6$cԨ=&h!;(^%Aɤ^]X]U<p;/!p(v@EuJ#la@ 2R4dz9:USsЌh#:-Iy{ӀPHH"C >:>FdQ<%Y`bAoyW8hc}e0kIYƕBC;\yW`g<'O%9Ԡ^S{~t Ru{D衚C>?v%`pur'jP R au4, Y=2ZbVAX*A`3-,A> V mEX,ခg*TeJ%BBa2[PҰ"?.Qא%L=-s Ε^Tq:xGS~KIWTZi:1I ;4q""X2_ʈAXju4El4 f <ڸ{#6^|&'WicTÝV>C; w\tӮL;^@4 In4` kuL s9m(N)ݺU꺳 g Un^f l}ǶOkC*+C8 זSd[A×3 'DJO !9j;&j ᨏ_Pf,tNFA)q `l4`l.Cx 6ljCn@e`| un3ȧpCh Rrzv_ժye-hSLk!':u i#mҳMBJ/}8. 9t lb B+x^ʓqf^w?/ ɣh\'8FΣ>G+hkueSFFUX^*:57L5 iCon'~M(~ɽ<D#yN{ Mk&RuR =עX?8{/rzԬJ"5e8֦~ζ6?i 6R H@4R{{4QY 8#j*wc|j7(0WT(TkHYbQiēEҁ'GXfWI׵FQA" vi+fMUDe-hBTUCch.t4".~g1@{g_hs8̡DEyZPO{'᡺2H :vϦBz2+zk_`fSHeN{W`;0b<95(@3eK(9 v&$Q&gӷȚn gkׇpi!v]M}眣8{ѣwF-VUWGv ڬYڻ+vѽk_l_W LQeRذjEO/mݏo>[˧%`B5JGiW]N5¾Q;|5.*&| EqDtPz ɐP=v %9}e͓xbp%ۭxiqH TA=M$QǚѰGxpǕ&|O2az}uuhPW+83}qÇb;ɸiaghLlM_Oi r(v!]Hâ*e*NV #z1/L'pIicz+ȧJByUϰB ),ՠ~eJ:J{;\p B-nDTʢ(MGGx|4tZLoa7\͒ JUrSY4vߙ N_gJUs\ZCs Is隉㓹 vޓOK2G&a9BD)$z CX2YbXM%u]aQO-Ѐ ES #pc*xr5 ^ *:^Rpn5.=jhb)ܚXOa0pg>]5z(Iv1eeUTk}xPg+P C6|݊z=IROfELաQPQ@Sa4Ns9 :eQԧ<̻f51Hrg,goR, tn`8iz*M NDj_د xgTS% $O<7|M3m7w9F,iPﴚ7\em(`nW*0HXҚyl ;ҐT{bh0&mYmwyǶOkCasaYSگO\H>(Mb_8 @5dkLz` lxv)$D6'!Ln!HcB^}j9aX3[ Ɣb?6\HSVagOS_6VJk0]+דS$X!G|htvvvఽxT}TSk*UMJ w'*/A+bK*& JJJJ^}ijwdEFH4r x*m~gٰ'5Y{s1V6^N?{\P+g`ׂ`_>; ϑ[iMbĄgJEF]e^ 1%]e>#䩔^`lIl'k)*[.ۈ?ӮRmٹWARm]E2 M+W ?iw8KŶ\7; |E[u( q= 2+Mݳ.cͦ &:(I}j JZ@і Y2I'|ɱ<;O]A{kYh$"B)^}I ˣhhmJ>я^ukR,a%i7j4UxFu#i>aĝv퇐;j\3JXը^?(Twf瘆"e lخzPUPLZ}`p*T(:~q̘1"BQ4KmD ñ-I6N\) N$] NNv^m*k$FQKj,bk{RwOq&m}HFx>zN6}!F pd<)|-|Rn%z=Ɖ Q! 9sPK46xH'^54WVDC^N)T9VX%_0S4`&$(d8՛ec %tevt-g-3Ru|j|00z zm[]>fY Sf!>>CZY-B\(k@%;!.))~Q9I-(-LJ2Fʅ+#Èb f 0c?]~6dBngo eT5SZ>bV0 Q>Sm8E1ٯĈZ{L9kfG_ jp WOp.M%ϢوW% ֳel)'PAWJG'7,)9R_jsNkSrT:QL8ՠ(Qjr3+o|Ve|fs7̪@_LG4|Lr6Z8Z٧]HEɃq$b*/⚂ ӞةLG_~b4.ʠ{(+v VYիkBtKc("k+b9t d5f5\&L[4!L8@:~=&PO| -ol`Q$ՠTS8$_Z&n Ę pt^0DO` Yø< ;WuH][LiN?3HȘǚzNa}UDS|XwSksTޫ!$VfBP6C#$.-C Gp$ ԫfj<2KQf_=ͫxY/ l}Ƌq~^n ~30)+U0?.T+v%A. Ae"٩Aew,PmhPB++끄Bfҵfbw]ԝ}W6=q>$!&ќCdx ,9zb4 *oA|_?>:,g}#kqIK%a̮j1]̇#h`H"I ;(xHK@rY=!N)&L& “D<ƫ]PlW!;^ah6Z%:s 7k_&:0%T]Љ}4 H@ ?WTjd|::%]aeZV[w 6U| FɧmiU-iwȡHW( Kv#pfYᒿ(Rrb0Y=Eq=@Dȼ,ɇ k*5v,lm x$V\IR/gz l?Yg<8>R_\v=YJu"S >ºo-ρi `q!&m4(¨EͬİlX(ƶ@!߼d j(ugK/ GA"Ve!~h ۄެ&V;NAsC19LUW\T Xb)d]$([R8̬ҨN9YqpBVA݉L$!C `e0w続FeuKE3b(MCua>E>&bTڏ8W5+BFQ(}PIBvOICD DV8t&Z6N5y˒-V$?*NȺ .LɮBuX7n4ւ|j{H$_Nz! tyaxTs?kĢtXTЀapxk2(PF0N=rJ .IDAT;##LS1^d}3 ?>F׆abчg(=(V 蹴h`G`UgdXKQZd~>E=< F.8yG_nwFiY]2*CƒFafe!lދY4KST`20rW)C;p1$jI`ڴZ|m~/ɀ-,EҨHY+a% hjpCT9ϗ;Ѕ+" ue/lY boϰm` LF)67xYnhGu_r$ġ^*Z"]$PCVςzy.S\>|UYBtaF$"rəIt`,BTI0u!9aF$.W\m)Ql- a#eA"n_ZZg,~XĚ@^)䣺5)Sv3Jό2Y{|]<.~09ZϨq/R`Ԓ#&A-&㑴FI7:ync3$2K0?%Iqg|]tmeUvra0N,r4BdK6.xD? lLHXz ϸ"O2SmQgթ궍a}   _D|W&’NhpxOtrl 5dj*7I52{eظ[ޢpov.?+H2 ~APzNsMb!C*FFM299;HˢpQ'dYi RAm;敽|۝>C G6>-v[vȋ}Al Caa2DN ͧ-PV*,.P&0 %i mLJC2 k 5UHƘ Q/+4N h3 +$bHh" +1G Q,[@wvnUmxZC.mY33f̅]MF3E%eE#zxZR H hChdĵnw٘Q/}JEj֘(.g<>h p+6uvzR;Zgp47$A^ `Tۨ`0L+Ol:*6]&f勿nLgž3{V`g<}U,V+$Ws7DB$}FbDh+!m:c6E-<6NpRD Jz2Ԙ@EJ.-4)ru Hc+!jz >Ar%)cP] k,H43DOh%*z8vL½@ #ycH*W]/ibW{&DйL&yHM{ 9q>([[;tp7~/Zս~}t}=OO~܋[✫?qO㽙XKLPVf A!$9Ô)ƒ#w\öV@b(%BrES$[ֻJ%lUmCU\۔ 1qTKzQO6]{-'AKJjtfRP9\nC‹[,,4DKsLL% WGN.{'˽J2RPUϰKKQ(^G>x3x=׼p}AʕBMOG9ns'$Rn H=2Xৡ.x^ʐ@/K&.Svr5P Ȑظ*E(qx &GROr} լ_q.B{1Z33]2 +?J=K6rn'qļR;UOn9e4bVѮ\aöq~)$y˪E߭Rג/ V1%*+tֵ1)g 9>z.$CjSdrY%4ۨkSUe&IkFaXPmXv7? v5/1$q˪C-Z>(o!δsObIѓQ_O{ʕNsPku8%&`b08(zja$̶7Є2tnpa<%F@HR1q.p+pkb5Q^P1Qhfr[jtوg8cN,4S=8'6 uS=imUulJ5\N!dk5|]X&] +/I`I=`B ~Ȇ)P} |Brja dnj D LPIyCTRkE(T;x4:HsU˛15Z$Eqb1D J~(5Lbj!靖mh66 ѧHld]nvf<}`܄P]ыzT|E˭3-}b5>;ey$jiNl8VƦN9a(A&Xx4>CmLɴ ;7?ee=>XcYΠLyr!E< \BDOMS1gc<3J,~>hf7o].ZT-YNF4AKqn?]xN]^7hB|!VrK"pP`TԮ#HpӣpcJ֊ AVzFU54|[Ak(,e_Fn Ak)#ݚYI6z:R~AGVB>_Ždx+*% U^w_,bF9K텂`< (R ZU?r܌R5 Vb 7aTL3Oib]XeTz\`tIU{V⢼UNlv1\3HvW^et>2UPXX]mm~^x+~&jw`^gc +Ӊ75_"D" j"uk#f8$/Dh2sD(_3H!AjEƕ 75 WQ:Gr^BS"dD@,:uH3FR :O9nM k*Om{b<"u"x.hs(k9)a"/⚡6*Q1,0~㣗v/F:RCiqCdH:,ނ[ǩñ^bPҏex^Ms<&hv[?؟!AՙF*}" UH[@b#TYJb!5+0aU= }@m]ӷ,-URr%|$"gLIUPvVjd?UD4I[8ԍhz# \%msa9O'^0 ,AЗ $kd<,v dJټ2raVqm~BpgB/ji\ÑL')'@F^j1~:zq|^`j>Y Fpt>Vx="h.Ɇ;' B'r$9,ԥ`<с`@36.m:E;崢G](lڿixKTKšF!HBGǗ W" *WQTSyʣ fvP;o:ݏTFb^?Dv~`5-U4P/(dIK4coɍkpAtdo&D! )Y.Ft ia9 Dq9K>U DczW`3^sm!uϱ-h2]9>^޻p0"|M>Dm t4^'2I6|s rXJ1ȑ&!u0 O*GiUL n[,4m8bgqǦƯ򖍲 $@Pvϻ{ԥ(o)N-ޜ~kx“]U0IG^( ظ|bAʧ]EZªY1|SN:65_=@WZB*3F'JNTɐR*9c |Wlw g<~ E㤅PkލrE J*[ z9 <|p޼?v{q5R_vF %$849JꚳIj -I~h}nȄҧ*We0 [460F]vn$&c6sӢKFgP%Qh %h6Ǝn["R"(M1Eȇ]J^aӽRo ߴF~Yw)}Bbf3\=bc? l}OJk°foػW>YG9J  h^ GGS ͪ6d6Z(l6ִynX2^(_{iNxLKR(ɜyR S;TJz7ǁo&M&hiTj%Fիb#zJq^шW,ƇE-n]3Id%,Dss6AvujHFG]>O?s9m\m}swJL&}4dn$ á7A$|j@C6>NƣjQUBUD0@_6xKxX=}DZ[K(#fl^Wфű)0Jl{YP`ԎaFz$P]ogL +rj%4lt*-E3띃)y_+T[ %,v' B.F]#rOħ”_hs/)(ϩP$G|@k,ig+;r)0%VT^`p>.Ѷk*+g`ű&(Nmt>'$ITmN3~GcЏtSgV9$&rn @`p<ȉPטp^y||^gϯ تA.jBtt` {p>?RWy-՜>iuh""Qf2*B2h V[ZZW*|i .@m] mcw4)9̀3GX-תDxesR1$ 2҉0<{uG5n2y+3C&P(e\7.ufP88iq/`c? l}OL"TM ƼJjz&<#|Vm_g?6h ]UFְj_DcT_9 waCACJ6#dos |ϵ?k6 F}q%-`O6]!d +V? A6Н$ HF R*X ՆNWF sNOVcachAc1C~ºZrU\gy!S$JdE! H^aO&W)]b[qҗw?Δd0RG=*Pۘ#I4-OElת*Kq6r>@/&/ɫC&K{˗Ev?Uhƽq|,f~o?'JN]׵4y31 1H=Q$馈w+*%3h3肑TK~='¡Z.~30 9l~I'&JC@KBB +Z0&n,W.}xZ8gaQ)0̵)CKmz <ك'Oha?}7 ÔjdBpMT!ABAށ1,T}B[C*YZB%fT A{h* /Z:R!$\$+˿=g Pq7%p92k]t.Qıgɘ$C џAlf52ݥ<:6(kY fno] iĚrFQ^ *AhU)z.VKS6$ꬆ\zR0UןɍIX5{.eN[n"J{%xBv/ l} yf/W.9IM5% PA`5 yl6+b Z{ЌGk=Àx jhB~赙tJl2#P/zf<0 b'B9 ƎKW)YpAUp xnWAbW3)H4%^)AT DF\Y4 ל$ң0 ݩro" J]ȼrʺOiq~ͷޙ 1UdR*TmH1jwWhG7Envd3Y'y!I'iNX؜x8a3R$ ϨPQsM@"nVJ1*p(n> q5b.Hb:L` bj#kT0RԈW$ԪAHձz>B #q_ L0F9e ۄ{CfB1<{ʈreu>EzǛگ8h#z$)KG(!J`€¥]bMs:2* iuYej=8:UMU:ҫY/poZpLqEn?\xYwQQg41|Fї WM!}xH(p\`I+B"ڤ'w"X LF^RINGFu7_}Wh x `|~moaqA_ԯ`, xZFD2v~Z*l>Pnfk XbUFc>Q_RZIE5qJdqX GFYSLuGq桌M0^( vn-ySR v`O?Pfgм)lr$żL+s@K_ϵ훟g@,!mi nx O#_7l,?6QIQ١f5%.iV3R(Q/4t6&1s@VQjeXKb7ai%gR8[\2EL1cl4^N,&~|<Z.$BO#o,j1TI`A<+zı,(՘W)u@Nr @82a-/ב՞|ʉ lY ^/@GUe$bE$`W F[ b < v~}Adg'vGX{Tw-TrZxP**͐|T#ZjB`kL`Kq* pQ0/'wt$#DǾ+WneZhVECm{ ~wkE;MftA6ŽT>???}t=k9IWJvdF;Z;Y)Vs/jZ69Q#+z%%CZ&+>E˦_/8^ s%1;[lZ3md:~n]MA 6b2q rog,<`xS ԥ F.=죌iN[DnOF>e9?g`w>(Jf~k$\1 fv6t۠¦2Yh sTplk:O߹;f jUPgsL̓}}_DHePRZݠAs!GGG}p$PF_Ž6ި2Z5Raٮuj`Fl` 's[R.]{M/;_ũ$| -@N`Fj԰_a1d.XUs.|p$! m8 P4$yHWr>\?gN$MhbycȰݙ4%RXY qqm At\z\b@18FI4"T|;hH=WCw˖Q"@ mtKc F#?<@VR-ºV\o>ld;r=+4 3<0 L  -AYK|vX>>>JBoD CM.R{T/j"EKKR h#JgZL['ᘱBt/i?89=bwzz_{5nSQAGҲ(HT5 I1\&x8t#(4#;R7uEq8l6[8]yb0` IFwo0v 25Jy$, St`qxGxx5udF~g(W3&r>ޖt~~*Z55!Ւdj"X2Zgl"6uO{?j3^γQ,?:~;;R(Ƅ22 f%Wn#&,st,f)==a(CMcr9*?1Q0[Vg "d<7 DRs)R˘d +-3p-XU 2tyU ^Ck5*3 3JwcgZPs\<%㞧XrwOzR (VrP9c#^L!qg{`HfE&j'D!Xkð*gvOIBD^+{{TzxƳ>Om@jXS xj=?24yYBq-abn`MmX6)qF(\"m*R ̧J= P !g00b4#dFBIl&ZŠZڶb AUvInA=ҬW [_GIȳui:P3P;yj)U8Ҩԥ(tqRI')iM:e)A&wm|U5'z>%?/JKzr g"u$?…IV&JUnqr6{#n-Zx"kzAItHQcg_lB`В+" 9o{ )/j h:z=Ik*juINBMng2zM[.e9>^9$XH-kS|@W'IdИ6l]mlx+Ox1Z,PX‘M$@~µ(N:|iA-/K\fM(7gs0ÐXl& =+O0UEQglFCSQ:8٘> ?M HMU@/6;JQ6mYdi3Ɉ&H;yUG-9X;l”'jT?Brɛ'pGc|Q1Mc"Wwc{_?[d<̮$5y3| yԜcoa Uʸa"g81T =sj8 #VFz%k7kfYRդ.[K_$ UQl֑V'Ҵs*YC}6E3TcAk|'!Aaj y4 g!u jHAE#GJ(U򀦐2q<ո|yAoA7>fˊzoq>rzywtcj1rZcZ]֝Uw S.\F5zC6%*V0d4.baJMO:bTFCx:6^mV`:56iU&uUԩ|aTTE.Wp.k! T7# JѱPN ጦZ:@*DHB4[E6 N;=[˳5 ˖]*uva _ ?[+Mu|HҔaIntNIABB ='j52H̍'1U5{pr(yp еgVH8XDžjS4R% ߶>I>m +/1F l?>5 ZLԅLݺ k 7Sr>`d*]D7 (QyLxR 1ѦQ `$ 䦚AŞVe ,RJb.; #gfHЖ*!QBPJ!-XF5$fZFMV@3ioгtƯN24C{rfl3.UxZ aHPj~ 1q3eW`3 xb|FhX?JbZ~!~$, 3HW{Lu+A)BE$Ȏ}JI8*WܕPm**z>R {>erGJ Ƴo ^O*E+VTz̫NKa~Ҝ2TI@z\*J$CN]#/˒W b#ʵ0y9~)QBUÈ6Fi>T*,5$5?B]|0r[Vú{mc.3V**M,?462 kB oO8lSAe3xV*ΫX*a JFWU8G *'R[PILE :VEOѶLhE%B-Zԑ~VyO/+L Ӽ b!sҎg@2>#"9Q^|ƪҚP"}gӷ>㾓{|/Qަ._0; FԆϕfНݛ"uvhO&yICZSAIoqO+/UɔhsLʝ -؀fHGlWØ*LFBVlRW,Vgϐiw[NnP@ʋ!aPPo >+⹂KXWNrϚmpl@!E-Dq t4fýt T GHfӚ8Gjz/d(Oi#© e)4(V NrdJ6*0wF_YUv ^>C7!aJ=5k h3 mmr ơ2ESh y#V|Ǣ0jP0_kfCL$%skY7;#uPO\0!\{RݞQR ?DZ-FMF&DXYIXg7^O2$ D~9iP. K̆p{8>󡒐9ؓdIA.K r9yԝ.$9yD.$kcQal[S5m[`YP$)S1ԶZO¼nt:Wo~*t ͖&uˬ^5fSw9r95`J h(,Tgj!"܋G+A gp&h xeo;iSť(o7Y@|e&h73W l}3\ 9ŕlAW?8{vu9o);L&3`Fդ3,3s SoD  #ha!:l^+iwd6NDL {BTM]ƕ7nRۗΒ鄠dHfSqyS4QXZZn ;M ai-gR?jnysw'B^d{!}Jitj/"q&tgÈ!!kG f9州}Q !V1yZK3raCoX`~IXq;m?aE-t / (;kRX">N߻3ZUZN܉VR?JXn,QZJwaP? WU j&[T'-Gh4ZN`19 Q-ѳBVFYژtjiUj6wv g|*CM~CK4 E 4:NIf#8U\>bX v I3?.<,CN |\cFǒsrC m~r*gq(jr[vP?8{R(69OJ .7ox+OpqMG>T r69>Nu:=Y|ASh_$?ВP4T"$lWltz3hn6GQ7"Z+_괙Z1U #|PO~^;-EۀLt>dtZhv4o'R^A^uw|"tE p~9Eu b'sȑ J2  ~X(qd½˴,BPqNTb^NWp"0S.QhT[v՚[Uh+g|"NT&r^{&UP3*N׫)6;s^&:NiDM׎m(v@KJxHl9,ӳ>o3h8u1To7ieS}i"FA@٘׃7;z'N&kHKn.qN"`ݽ{{ A*\|kND.{/POIE:(BDfl{V$ӂ!ǎO_K1a=AC0Wΐ4wH-]jz9;rW?Kf_s[S>tԵNZE8re:~".킝~\10*Wgw{kBTRw 6.gT(CկbmI e*H_"b_Θx'_җ>G>JklYXOҬ5rd3LMzDCðXTHlZ2 TqC2v8NJh6q3 }Up8B]`x9,2BґOT́e<2Zf ;_ALg̀Zј h2e<64G3'0Xt^A8:I#^qw*Jʕ(sn3L< V^4F3c7Y͌HKc. dt f7ka w0(|%fT(INExjI7-֛xZjbo_n^Ԁ<]}yyV`3^sCϐ5Mg}grzJJ(9Ԑ̟\ͽU=&>0ؾUAoi^e}8[z2Kxc;e'-|k VԂYթ7Y+-/kL QJ1S!VAFIG6݆@ģL8EYv:% 5!"YTr?@P %+I&qGM~ϐI!N) o$iҜܣʅ+ټoOW pS( /m,o3?0 [ HFl/ƕ\RPjX "Hj6(֨"4Nкj0 B,ÍGOߞv'CjST}[P}0Y7h v'HjL0 /|\֪q:S:*4@\Sn !UހѥfkidZ^pszk)k.$%F&?7vN !64_oϗ@#M!.כ O>2[x[޻~{$qyyv l}ƓXi$'!v6tTY3TuTEyvަ:fY)֤(Ӑ_kp42!4ȁ1+v"",ezdRUgTޠ۝"ir(\5*kbA#1l[3 jz>1ܤ1"_M"d9R*Zmz[nwvm4{C>#jprN%dsmBBaJrcnxpΡŵ9yϰeYCլ)) ׿w>rkKߪ2LZӅݗd>%9?0.ňҮLӳ;VbG|Fla=VO;7PQ|AQ$y^g;!'EHqV eԨYjmyAۍBBl) O&3d+؀xl2PE/Të\{\"s :xr$oto\9`R+kj!np|FJלg$aaGQ>ƈ!aZ$@ᇜ?FSAN>A   9T([>M~*eV`3? ˮ"|z7 AM Σ)X'X^!b -kKh)GѬeu]ibm@ ZjOTD1- 2gy%c Aw  2u̓I7fbַ=z.-?-wpe(UPڹ x}n?%Y-%9?0~khA5oMɣt52H!i>AqRQsS;JwfYb钨g|P>c]gcrYv"a-BYF57 cRUJ Kk\QԺт*,܂&e% ifYP=+:&/`\OX6J_vi*5D 2tNPQJU2;dU;âRԄYR TN$fiU6TҼZZVj+.%9ǎ#z4.RBPfBՃ*e% R4g䜮@/<@ Ɣ5]rv6b_dE)\==z ONƫW\4,V%H+Ұ k3^ӭxܛzlZo5QR{ l88%V,"0A1a)`4i(i72 9 M<JMKa%d˅Ε{1{ѷ~W~ml:ρܐh\CjQmM'2TQmk]A=?n?rVo[$W+WU{BcYyg7F ܄CG՗ݓZ# wPod~ҟ3."`v S>&(?ݲ}u[Cn٣x89~O5;PR?D{  uRԫTS`: \֑КPB F_ KŘ-hLI>YLƋd5/CXhyT76XrXbSW^G FJ>PW?@$YF M"IM}rWɩəٗ7u BwA*q6# /cL,4c-˾\ ޞ p0?<;ؿf|n{?yf݂x`e[ׁo}ǵ/vQVbL?]dn,,,򉭛X~FCi?1ۯ[,{_T4/AOΣO ӿq7Ek-fP&p6G7;tV[L 'GPYZ]]!Fqpn,V2dmtpʃZfU_?*A0%p 1?ZfkR8]TJ83r}E4E/ƅIn6*5YRSme()G _pWv4<(N(O@IK^,*C[R xPwty{*rKIntS!G`4-5tђ|TE |&ڔ*OJ^N0F;3nBФ$i,3R׏5VQ">;ĩ^K!uHV,AA./C^*P)VuDYNHnUe/uYjVAb\@^TY.WA(}xJQ;dQ<օnz9[*uWv&6|P|Ǭ:z⳸g(ggn4d6t0B Pz,ؠ4(J0<4B%flgC=L,R"8 RB9KC"PceʘQ`[T-t) /lj:Z&lȆ ѮEg+/q/R(4,/cDRN::5͈`C'QrYHBٔZ?pFt`3 [Y[DBVYU7mU.5shN:×"DÙV5e,15=ղ?.>z0_ 3y\#XLP6dɼ^lH+l}Ɠ^o}Kt2C 6fk6 {LsU1LK$g,lue#>5(:S҅%"*x5'tewtqӦ=WZHݐYԜW~X=qxI',>nyvɜS"&gVL&Le)iS38\#ѝh"gƐ Χ\SGkg$^H0!f PK,5li$jSO z©쥄Le[MFV΂)#vR[W6vg%B~Xyԝ>9.T>7p֭G"=^*vg-~O5wj~KaҊn G.0 #u^m|+,O+%NGXjQe2NL+OJr1լ\$&+.j,8H|tkq[1fYsXjtvw&zW0dgl[p"LقMVEe, Gā@u8Ĕ{EXh +׬Xtr¹h6tu$9xbHGJu %8jV MC/x EVyȹcHqU4D~&`yl]9YmdŦf1yWF`ͧ,}o\ 5:)M[rl}ǹ/. سl0ftw1%ӳڔ@gi 7ؤ%RW!La}la+Tּ#YjECHPFQ? kYgDR}Zid^UTTVmX2plQ_PMP)a|맓DB=Â!u GOɸdHՙۈ%u$[KG!F@0tɐ`a$9 GBaXsl]ģ"3:-0NMǔIAR.'Iκ]V߻r!+@T>s/|3 ۿ*CѸ7 .N1TSb86ш<cq0\LԭƯf^ jj,Oѐ̢l9Y"m>pj7;{ׯ]9ip BC3UbӲYěh8|TN㴰5.v&Trl҇wUALqخ_^\TfJR-O!ueE\9҉e_:#1$)T`V̐ԆRKzpQaH$n7DykwwoWWYgrw<f;uyԪ58ZdfRi0(;lVo oTU-72ށu4햆ƅ3`J h^oƫ]ijvm:[#{^qm }= q66Me>lfgUP'2PfO3$v$Lb B*@98MRޠEUu7?@]*҅ECP'kݟ>+/kլO'gw7Yk& Gzzt[uvw۾_YYjcT{jWHXڨLw8y%R3\3rdfJ٦sիWϓ7U+KBJ\z=M}y{\+v8 (%/\;>i!_͘DZn:)?zݯ}SercX~R̤} 2 ˀmDU oT$)9#A ў-#>r)Z1ypH/$EP@pUU&U5nUB.iGv&qv J<uD!J!QBn$9&25{$N2Ѕ\t@,w| 'H_ig-Jd?Z?YF^cVgs}Oz7Mr’5_AGqZ( чm͕pf5y .:(p/|`7 Z2?g72}s\\UK쓼}<rm?~ ]%_Ϧ^j; 84d¥BniMQv fY@a~Z !C-ܔvm@[@i }Rs<ݽs߽slICZFIuT~5"T0VeJpۆ%{B@TE0fk5ځ).@Ȥ:l2iJ!dhhz7%&cտ`"z#bxj*pEET@|$œ(MXCۍߥP1^ni@dmfx@Q`2os`hdSa \sN;Uc쑸8C?Jljl#&/`H/~-Tm>J$+/$ܚ^0YɇEXh9 o"5*||ֹtzfT baTRqɣѨ{'qԶ: ^cota9Q9`ދ(iXVDM>,e̙@CWr|)zUuo|/|_7OSp-rg@1ex+<_{ BwL)K7=<SH nG 'QqWg!HEL. ((Rl6&jfUy}VG=VG+H7// 9ܪh;o* AԠNIlO)63FsP@nC؟2;11* Sj7JM+Ni,dJBXwv>*]d]arIe{GxAe-,9 ,5I ɗi}F2"ȑHQ=2 Yy pnvZXE=p<-h4f{yk_W7|K㲪Sj\ηޞ;哺7[I=?⸣B_!HZڪJ 0́Mb7Fj`xR@RJ\- ;N.[Q_fZI)Bƭ ykZU"ZŲ^-ZЭ B<qr?,p 3 ~RrBX!礆L_y_c+:Nc-߹2a !-B3`Y;*-d9JG՝>Z.2'O \ѪRh֠D N+Tc={NScW!IB9nA@V2>*{! Ib #8ׂřhțXRzܞv~_|['8<<]!^ݭk93v{-)SQ,9vqWFQ'YxT;s>KFh@M.V7߉X[\jw@+8Ve$v j 1` xk"NyٱHZG٧m|[gwltUr)a4 Z٘3+r+2{g)MFe,E ښhiS&-yugmlSRDŽ&%2t Q-2, D*#<"g{]{<" >LpGhLA=j<*5Lb;;k۪0:'n٬ *ᥰ+Y'#@w D Z DI5˽Zu^Z W~>tǍIcwUO5VM`xv6av<>W!SFjWr'9H5|u"2,o^qe[)1|yD2M_p2 U&:)]V膉>tI/5/|3ZiNkpL'%)ggl}3/$\_-P1玛`1"AAf&NA R l/*2x)W ·oq ]Uus8A{{5ΩJzݽݻ 48!D'E+ɌfxrGCGGC1&KqŽĞoI7Q>;;>TXQ %IPH4XvEv蔯<.uɪcrH,Q'md+/ܐttq SjN RjeN2xRPd*Q b4[Pz' UDlP$јDm OXQPѱI\T0.a$A `ARʰt)-rji7 P#+ f-͵DP̵5y6R:.`D `ZIJ lp1,1։]3c$ZXˏkuW*BJyn)1e8fč=x$o~ۅp̃r8#=<ҥ}K^cA>4/*JE*u9V5 7b{ˆD:.;[P31΋m˶1iMr1UY?& (R j3AkM^SXnQQiI!6)|$U+hPce:>x4=[ŒB>b4!PjJEBRHh"j AF/d_ l38W%8)—ch@b*ӐV TQFwUl5r-gT rӓwΎJue*TI`ߏxߢ"bϰs?y⚡E%D \[F` N,/`}! ^:\G h/`Rex7-WKbA6ggG`y0dG/'+!xλ6"=u#}p*}-vQE6Fn5Ĭp$.yQs"*Tɭ~BdTahQRی-AL"r\~ ࡂ4B}PiaCQz as}j?m"x ˓mAtX(4^1Jss!v(3nV;x<WJ&(X`7r^v9k7GΪq(+y\(t))rȥqoP)=@ħ^=uﲇމ\jL\K.C%)vd/(ɪs:uf&quj$!WUC+`W㘨EFh`ʼ2U˴ۖ ܏ ZdP ׿w~< K$N&z۷$P`hΨӢk._8OAًO[$a⊲ AU}B6{O?_/ܹu'"R?B#1 _СXT(9yբtf H3%/+wjdcd:$\'qꇺ -Cu/dGd0.Cbi/XhTJ+E9㣃zD@Or|xn'c.f#UzxsH>uQ5|txÓO׮GlZ١Diy6WŎwxjج0/(2W gmSgM(p-1p>muh_pY EӘ,Q *9]H1)_CCMxn~3 2u. g{Tpc/c#`:(a 鷘.xTmRc2g&G:Q\[b[ b%Pvqj%?\tSJNW]|gQl׾hٳA$Y!OF^mVg=`Jآmv:>_ 2I˪W@9G!_,]ei3;!\xTgj(T%q αPMcvl*\KcX醍aŹsLM1CJ`.eկUi"h-wj4ԕ^%P/ȑt8f5\Ubg|B-'#Kw+ S1v?Vu3*d5FufxTL@U o9uHhOYCkuvR67;٠r^+T}Sџ ~R !e+H9xn?F 9=2x y^X+3!4=YOD%e%D& p ƘR"62DBЉR@.I*,tTaV qcTY<|tͣ\Uoi10.!>c;''G_i._KUxI.km,#+{~tVY 0d#W=J65Ey \-kא3 [>[P1nVWZ@K/Bt h3Wb7\™SNr`JfZt֞!NɩD\?.pnDZ}* 8WK{JE\$v9~{,ctD"mu2^T6 q1ugK%%4,KxRC{ Nm "p'r_o?7w2$[B 16|+F 5hjbU Wb~BTMVԩ"le텘F*YMby嫒 Ydm#Nz i]!7Z)*ٌV.4_$m5zajKADbLmf[:HxE g '8i ƗZnhWA#}IPoo3\0sQp猅WH8"yiT[ؗek̽onOfgN=,LFWn$\N$ D(5(.57'G֟kanShTy(LV[,\yx¯~_;;\+­ª\6jX>*qԢ.,L, Cy't$=>EG U>/Gw6ѣBAؗzg>jd:KD+Dp\[blJ22)Bg#1!n@iVPE(c5Qʌ }(Tg>$ꝽV@-`ifi>r!]Qϖ}i%hVP-̆Ia>-Gg{o~]Sby ^Vr8/KnGhi1&,+? ̯WneO $_#dsf5SVŠUs!nmsYW{]T73C>zpao3"|!3ĩOq\$㒿)X< C Mk >u=^vpooիYOȷT?DHa$}n1sisSH,c< IHM\095k3~ƾ\O0T8$?QA>Vۿ?K{ѯ}x/+0y\;gJJ^U[]BiI ]D,f+ J0*E"@zjh7Csx2db/X ?<(-~~鱱wd<}u3!ddd`5nls4?vAwф*6&ԔS4X×urSFrG4o6Q*/ 34 ,+ʬBt2}eF"u!$”Lzp$,}F'&RlXD uV?JOrIv`h@>eQ~6Q[eO8jMedq#]Dd7lp|i$H$~%`4Y*R W)>t~Q-^|xW?4!c zitv@g!RZ/o^KgDY`?A+M=}6ExXjFY-NQoڔTF o~>hr3 nºIXTCw02~+frHTxV LvY9DLfml$(S,yYh+@LNUyH%[ZnXE҃ &(&Isg +{0{<.XgfpqiMUY*OY{{I?WAkET IidDJ? ']VA6Q Q,2!|b 0YzzxG (l&og\y҇Y.}dS燸 {: VT= 7.B~XP9&BcH6%8ȑ|8 ڔ0rUS!`-Ά]{~?η7xw"a6v(f NiPܐoP-̬^ '~D?l>yXkU|24fT/&K~6<W/ljyʕ+,8}AYVK B N]Go\i.Q#'OzCFǏ' ^<%UYwn귿 s4{,b@_ˮWKV4JKxǸ9Fc3L&/*>.bhLxmt"xGD`"˧I,M@\%,GĎ1(5D+ D]+d=\o  [T3r0tAcLVuJպT=&˚w{#]hߚ٪X*Jril*4sRz1E ?R$9J|$`Gv\Vµ: <&8eS5*^/!cIgGMَm}OV'O)MH\"'pۏnvvR-4p(rbis_r(ы4HIitr vD>J)2 ^h8z󭷘uνS&#s dK*iR̜AX2{Ԋ^rm:? 6xt>:)hrA Q;zƯk:?*׊>=xuJs4=-A_<އ*woP^Zx@3RJw:是gT/&97O`oſB\ 7ۻ{Ў;=r4;Wo;FYjjIm6niD<(`$;nBqP,HVJ5hݩDQվQxMB5whSBIO60""KO*da*L#EAUsjveci3. Q[ф'A`4[~o.MSRn\!ɹ▕n/F$wxe6>`1 JR^;YR;hh:f>F^Ot"d];, ,oB*-@_mq˛IhyXv\Q(IO䎦nClP$#F5 c5,UPck l2;EAFj9x!zp17rb@9>/\ɟ=_ .8j#?.be*"A 1F`+Dn߾}GG͹MOEb閲A5r)9Q!^H$r>FK_c{@\mc2r*-[ϯ_O_RGݼyV. MF̛Jy,'`Gژcڷ+rvs;v=sP)jZ&rtcItĠ9-<Ž&8 .劤pI p3[dwk\}QY&5}+dNÕip$,gnym#V 8r`gt,";9uL$rÞ+ZpV́1loTMʫif-w? $b%aPkğFi82H_YGqK1ɚlR }XDm'+)go:x/mu/&d(pG%e7zH]qE{OFc/;c{"}_\:?ttu4`yvBiQwPPz8#.g1kT{{}1< 4vF:>G4jr! drtYjrA?s$7J6g3~{~_n£]Иuk|o?;[70FR#q4 i!BfQukgiܜS6'9UZ{˞FhúLL3DM 3et'nMҲ.Q*{8QkeB=R UbiH 3JClRS,TjW{+Geǻdz~Ơڦp|F$|dRш&Sfa>C}0ew#C@L YhoDѓ"nLn-a#.X '_Na+5$|[Dd$"o Si!K#fCJ]̣Oas83!M J,gl&ݻoǏ<8ּBv3J(i(uғ_-g%}Zd#Z"[eQӸKSѡ J/? ('겴?  .=6)^*c0Ye+$Fvٔ^~u!:ȰGP<˫$e.?v`3ZT팔`s؆ -'qFA 4ʞ/JNv%}oѨHbiFXxvigK|o]8 q_ʧ?,y{+EFY$*R 27n(eqW|@Z/i_F : 앇$hDƥj6%NCs]kXSŭ#ᎊMt *ŷ̃Dϊ"ܸXT(n C&JO!HKlQ\*bfm0vQVȧ0Vo4gso_?޺?9WI2G$[٢[Ta4ܬDi a|̆Dže @ ,fDimu"ԒchHYյAOpc3ym!3KŅlW]͊.IH!/[脾6q?4p@V$ˏQD|Phښ -wYSȤ"EH4g)NwImd鏓vh7@"<"klwr;?~7{v^"D B `xO\6v[|{o|ejdh~t2/[7]OWT)λ\g=.\IqOZb+(TLWmX FY. :YZ*Qj P}[w68HyQ7-R (́Y& ɗaݤ Nn nxF~E*>|Z+)j$] Mizhb0, WZGmLsѰ br6);rmYϨ#JD3oU Vǻ#iq>>0;){%{Une`gdtMv*y ^len>"Դ5RIIO'>Ikm:!6N .ij{2[903+3\UT.a /\DKԛ˵H !cZTc3Vw['Np0]E@qgE42[s.v_޺|?3?K~n޺i7Y;W4=M:#)/.ScڗUTEjRR)Zu~jUa,Mqf><߾jj״UJ!zTWCzȄk *`%*9ƩE*=&962mZ{.xf~WNϰ5rkK-'FbR2q(y^^,mGI{wrat{aB1J )fփޕ\ce O褆–YNIBJZl\q^H2 APjy%\Vg .MI./GsSkVqRjr-W=xxw}L>_tvx޲ 6zcl+~jϋя?`xV@#~rѕs oSyn$ڼ}?b`qj!Wn_9fvJNC*@J(jq%ApbGjxiHXɢ (.rR.z=&9%L\PlEQC?NCHYY !G44u7rn>l`F2悖]Vu?W4o{LE7{P$o)MA[X`]LXM1h4.J!cI.1S.|8#8|)Z{jT.. )z ,.bDUKH$'YAmBެc6$$p#* 6a \`LTD%HŎQ :qjLaae{HówL-ߙʅbeDv"w\#U9rzQKՎ.Hֈ;r-5+&72#*1X|Cd!%npnذ..3L% kWң-hv#з0DXmܢZH(\K^w0f*V:NOwCLK4GI;D1P9diԯC*gf)wq3/ٛ8My Eg:έ9PԎ)JPn~G~r;7fz&p7w7[)W`qFpa"<<ըw*fn|vu>+ΖYGƕѲ^Y' 2Jܶ5 ńj}4DlHg҉2<(sVgݍV0uȩA^b?!ubh EPB~#/ڈvR!0nT%_X<돴pj8 N {G[ݝ7,oToڅ[# dQd3e |ݴt WNGCJj Z S=]'IeFC#)kXLu l=%ty__\]]LQj$݀aAqYvsŽ!=Nŋ_7;!? G C"P{#Su) 3}` 'aÉ]f"_c˛/j>bMmڳWR ULo47"z͢[7wCT BᲢDPMWWԫy { DQ]Y0"JV&9_sm*P hػzsu]DnOѼibZmV(vt>A6PQDٵDcy0 !Qb $re+Lb. IWWi&!UWx \T<7<-18^71Ht ,Cf+u]ũH8_[7? wprތ)mdj\`YtFHFz *$ iݘ!hNqLlq~;B+ogmtM&%Gۯd1crؼ:r= TaLNh{&w)sA>W2/k3|)x7e$zOFP@~h~X [ݴ3J'3@3_GWR?i#T͕xAl#;H\zeqǝ_1v M ]IW "'#E)~IJW(kR MeFAg@36nc~~vk _5l/5x]ٰWX m}M/QksV6+G4qwMt|7k}QuQ(pjJ&rm0J>Bu$"qpU8"ҕJQ7ͯ}훐V I]I0ԑv?3|A<ey׼OZxd-'3\6}pa ߻''qj(t<1R4~RbsNP9d;W]%+H!,6YƂr]YZkбJr -K1qH=* n`&r16l9~\Wmo p %. f$!EٲkBG啶ՈNp.dx5p4w'YsQk*rmfU+~8Tyw80 S kՓFx g%dǘ_'qFQK!I!lRY(5jZ _gśG~~ CY{hͰt.qSM>3l|D0 #ZDQ .@~̢PxRYþC)?ȓC/ YWY(OxyA^  MpbgiZE{yW7ћD\z)PT_}sFbm#.gI_[Q<=ZP]o}Wn)jQYf1D&/܍pDXzZr;W*bLzhA~2Nʥ)ͫB)ƣgf!$-qu ljd0j:\GX[=ҍ tQ3(a+[q qfL z{QŜUԆόt~RFA V-O_{4~|pƙƮ3.ANQ+,5#S1RJƳA{|RPz_̇0mȈ~n-e:'F(βaUēl.rZBeA"l9ͣOƕa}t2WR o  e '(cv:JDS-N/ XņzqceS$C}XȺ7b*q-U6+iI# MaDi%y9\Eyg@ :PZ2I&u yH.G{wx z¶'wth7J6n#?v3.qFmb(2?G_ȭGv C&S>RowMfنu "Qao%bw~ |V坽k7:G%AWkJpPjf5ʢN}Gnv;#h]2V>"&i7! }Ӱ ua++WN+ؑا6^dC 'VJB,56֙PXwH0șireZ ,uxʤ:-aUl],H:$quM* }@ o!qd ]5>t~W,Nȕ D&"6w_H#.?&rޞё{[\V::"|%8+H@6v=y!;=="(qvI/ 7ψUe|a|&?O۬ISgnXoMo1T)NA^׬҉p$C8J+4E$"74@|Gofspp;a#&[K4_*oZ/}ޟYg̳.uUu7[8Č|op4!&fbC@BBZ[ں]s?9w]V{- i觲=g~wݳol2Ř&+" oHo}׿o?rk:`1 IKUl8'`w?m*᜖T%ՖuP#|ץ i3?W3>^(QYdPIDK2Tj|uㅼ OdPQeWfmXܔ 3Radhx Ik\4js_ԍu\+40p1^W8oQ\)*a ָ0{?PYTE3CZ\<o=Z=9}?tV3~T"}GDz=%9L\.fW+ǘR7QKqE;Ȩ^@IK7:O>ߐ@iPOJɨTOlV) q`s# b dWU ~c*+eX^ w06(jFΒΞRU^oؗ=u*ou%]dS%+QCTFt)en@EݱƴL/99)Ɍ6M:ɾcBiB6sEӳR6q^AEj(ywu0_ TyCM殐Y oU9HY*PW j,-ܘTu͝޿\a4(0[H#),©Ȃ8(r)MgABi)ilU  M4٬DԖxwOdZAL<eىQ\Np"۱ 5)> ITk5`t"޻b!7"RE~GIvJЊR rcxga~ /,_a60UTO:fgmoLƱM}1[Dyfno%h ϖtl{^}T`[;~3zS{wp0A >A L Nt3_zٯ/>+nWrfLSJ0Kp@Zv+H^GL=z 7@+S@ BM}OS>o?hPLT^(V5)ascG%ew7w~|kiTsяDz 05GS,"!Ƈ=dnRi8Z ߶pDs4\!Qu#h|Ģ *ʫ:]LWˋjٿ{xxyp|ykcƲ׿G88#TrN4Uw($=%.Ǯض)]lƋs1ѫܽ ;w7T%ӓ`vTWD`-,$Fy>R+`iv%6>seB&UOO`뱇ؘNz)\4i=Z.{;n=pxSMV%nTC,LPUg{3^NJ-/{큊HzCDdFc46GpCt cwY(-- ~"FzKj /W'8waE5Qed/盻N'{G&?|7 0+ph=E ״z3MX:zMEE bP9;]pm\{.f5aв:iCTcMn⸨Jg m:CjEWBomԐ@z'4xu:Atghavfw0-{FN)iތ7E76|19N1'ƠTLCe%T yud/Tg,KOCgO*oM}Vn11,\EtU^|^}o=H*s$jv+Ͻ_h{qy{jA\öYGgD1`e M(؜%O۽[7ULjuDg@3tp TqEojGfd8Xm]-i4ivN+z+c1c.˥nG f@Q4~u, SOyR3QڨDy)w{#z}N-u3T5/gULE_ sٟA \-C~pUM.(:e_]̔}p|+Me2ګR.E?QQB0l#?43`PFDtvh,Yc[џ{}SAYu..k`5לv5 !+GbK :Qe$J ` " ʟ5Teݝ€f1Jb|]32{l|ջ6Es{ǪJ9h6UR2ܐe6wm?%6V^%x&lp>L߂J#ot9| dj|'s>zwGo '&*c63? [ šiԈFԵ/.Eq3W;],Zs=H!/Ien+kVl OIY VeHv1/\jsB)YJڠ=ɺh r( J`=%84ooGyC^yB5]:uU #=! ׾<)%*LgJZkPԐ1m"RuA@,IE*NqIap/ey!d'c֑ż7/:EBᕣ}펭"n/Tc=?'~駞ˊ~+`wb} q>Z|?a ˽|0$ZiP Bf h0!. F  #؀xLTFq7[V)i_EShU_n]Q<"_ލPqba9?qCEH eM=ٕwXNg)S7TM:W~d,A#%L+ r/\dS KJZFo\tf\Ҷ%Jlbyˤ(h_!e xVBPM-d451gW3Qsb7D'K\`1lB_v| 汦Hd^c6ɐ} +KX3x9#aEc_ =5 Q _y\ E,yiUC3ulr1u~c& 'd<;==mۿSjQ9?~~z:|X#lKQayg>/>/)K 7T d:v~hXwD蠷Ũ`"74B@܇cM?gR =U!rvn<э=VO`S-$NwgfjoѥOb޿&:w5L2])rX~ߩ= E3%*\CRx`/K=(;p=۝=hFw6NKJ V#2obZ;ΗxM[wG#盷}YPj\Cj'A0XuxP.J4;hoVj `oCU>ߙ\Esݍ-5`P ?kfMhfo͝q1TBb A듻rVHjCZ5BlJНnJ$xN\lRN\s +0%\=i5,߸=R 3Rxs kT(.{sDd2먇\P{9+d `iD1tтY|_\Q3*F}lHmU<~oB20'X㢇>\W57493>=Ok?1)\cj}N6p/& Z@aX5 8dT)̧^1J)B6t,3X.qq|!H%҂7%B}ϴI+DµDo_d`)oX.q}T]Og5ۏ> \@qDc0Aoq-how7{b\.*z2?+>lר5iOї"2,d`A?Ķ>h0ܹv-e:l'NUͿ%ݜHQ|rVˣUl[gtW\eJdމ$N9RAoU\_`a:в4JNRM&OO/C;>R]H>mL/cgB m"OfJ6Fow$ Fן8[ ~؜K֓yud=a 92y6i;hE1|*T'N="p> 'YtĩE3lvjebPx9|V*MmJDY/&ryyX>-ʨ @GP^\0,Q/~uk\ogr%eFâQA:|a׋OXIo*Z|gJFP^aY^"y̻>2eĂ*aڤ˙u_h6~)z6 #\=C pe;m)U[ Z\?«_y_{K%K´J#!DfXMCdR<X9 2|!a*[9HY^'0z n=6U"iX+!4HD['6۞.cFRGիdt9oFOg)fzWrcK)UoL}YK;tek_cPqjeN a\[9Eч݇I#ˍB0M[l\s0Wkɝ]/^"tAi!?W*|vgtrvFK幔젝PR'B_K.IǪ]X3K+|jcV:Y#xʠUȾ䀄 _SBa2WGEtZW1Y)eӒ KM㊈m1?:6 ք gտ 540Oq$>p@g"ޔ"˛K!߂u=Ra Ze"͑וBZpF\Q~ɼ=҄*<Ȁf2&9DY7k^e%,*8&]?]03g5fha+__$ϰBdXQz]ng c@7=ٟşΎݪbi$N&SU2Wүj%28"LۛdaلsXJ$x-rp\UNmG`L;eT onw.7dmlNP*T:ch7s5w򡷯Aku2z.+.͜8, ._t 9m:xn6+,:7^V{NQ*1ԋOXkho*y988.\9bHBF?6V{Nb K-L%eq6pL5H'˲1^?w86T1}{`}D.TKF$Oȇj)ޤ&RiMh kQ;Y)lh4dsM>`ՎϔEJ2ǀ*Txmƙאp :rw>I ˩ _>ɖA\:xg %h)cfg|d}|k/L|p??a|DݲsE 6ĖHxprZlQuZZʼnnAW%sk%8$+L|#=b[ʞ?G>=h_n %@2w]dFUiζdS`uFLl L'7;Uۛ6WqUX +0ͻsLzot54. bY*;.ķsRZt6Su2\^7_9Z+y/˭^K[E|O3De[n~ F/0e/SX6_n߹wGz]";J^~1յ> ʏa`aw&?&G4UiZU #51ЈEީ>k#c+ &"n! B9TUàX+,:} :3!$Ix&ASa=://Lf͋j.8\WS{<ž \[BC3 ɟͷL4,͂PE³04₂)'  .d lyA-!Re,䟲5J m*{h wM,.sKϦ[bmj+'G|/}}^V.>UBRg;DEjV]KJܙ*36@f+D^X/o#‹q:#yQbi5 `<Ǝ o YW[ YGP#8f@D@ugOH]bwvp(IoU0Y!mǕ`0w K6*nC.Ma\{ҟ$k9d.vCpqus_\=,/C$HBp7R{C׋A-Ⱥsƚ{7c p" rqՃm%=n(DYkN;Kexd؃8̔Ԟ5&%2)]8amd1h4QCRd+$;4Z s(UgFkqt8yOT 0zŽ≩)b&eVbؒ\r z]OW#!8c۔>.t4p(y`@hP{ +dI0GQװPNqgP ޥmC{@b4pʹ똿 f=κ.Ռ$n1 L?󿪀#5gꩧ$|v*?<:p[) ݕDh'ݡZ'A-UqEL+ mJbNa &jBݹ?عVwWaEmFp^:F?n (C$lbm*Tu= \Dtdwt^MgOlonۭp㡄&ȾXJMRAܐ[/Ew+bbeLFޡ jb9Pm G'0WSCNmu H~[v<UPd//ŵvCK԰C>#AX@(#LPՐ" `p&J,7XU ۤ pphb00˺8Q38k--.$)P3ʠo,l!l]J%vxΘQE"cE0[OGitgs?pDe6e`$:"ޯ BqҀʄH2)£j@Бl8HwxL#4$.%˙^@fBP")\L%[(V[%V<5z8Ԥ)C $N;Ĕšhsl`q2\8 3JMG hv5S’[z9B&&SQ:+ #0gđHl:#m j,{ qVÓ^mJ`~CԊPX.;q DU"#Tk'b@IS+9>ʿPX޹jzpP,?Gsh⛇h'-A #?'qI{Lh^4T~kR'&@(!"I"UOgK]FaR=ñQ1'3<® 5O_&X6&![A쎢4嚋cGȣf߹}X@Z P9nz)ˢ T\8S1Q]a2uCo9>\.bK|c]u{Mnkmq[vI*QlsS69283VCi'7Tj<;zo'ڊ6Gד.dN$H<Vݼ_ZsB]x 3iJ-W&X$<+ɷ!RY,(BD#6dE/Ը5 KbGwW +*I%6:kVϕ@єv*cp%dxrrJX4ݘܮYg {8ž=Ͳ32[QGٯ8"o5aE6E3XIR5\Je'?cmrDΜi XϫBww߻gO^x񥯾O>%*l[ݛR1,:%@&*! NB[~JPi8Nq# B\9oG@TKj9po7xllےfYD% 6QZtG<|IZEj+2\p_M&Mȑ#JUKcTǧ2Xc%b Qj㒴w63PVR ~/0xv\FE}d1ڄ˃JͬeΎ_fvzmeC&Sc`YD{HE0AP%_ȳA:nY U<MPģ|N )A`4 8/ܴǙɅ(O*'2(kHr@# p,[Րr3yYX>"77! o]fg],L3d=^0T)wSEyKU ePLNw*pwc=VlV"^$ 7#q)_w`%oQ5lmOg <_*'uZ9B.+q&T뺙Q%9I|RΡ2Y>f{C# m/3r&q!)Q(lrG3Q9GT RȬ`HJ@ uTXa<#3ME.QtJbV4ܞW0ڠNƟQFbz^V]vz["}%ZPܵ)P2r[>0~gIT Cn:fV8hlzrdryyg#O=2X`lq)/e k)eU7aSWQH5A"T P-P&Vo+ P8iX%5RT x$ tK#KZ@$nVQ ":HDwx&4f~~k&oXe|a3c,vE4;9 + $4/,ݜ=TS= |uJYI=OԈD_ɨ!^g?~[O{Q0]ޢD >TLR 푩$Wc, uD2U%o4 WpDr!H@t+%ZTzB--Z59`aQ< űZ d#8K>P|z5/NZqwAs:sG?7o^QL b V%B=ykHb]`uu 8C#Y,8Jgԝ,"RXAD('>|/~+)L;عmQՔ h {GG''x. +mo,ARۺ;,V3u?+:F`di mJ .uCy w/&xǷUCSKż65wzjԢy\jD701yG͗bTvKV+6lzԄ.%Bt( :zDAjIYFęЋ*Rt>ϖy7ĬR()JtшaʚÏ.PT$cu H6)% ~'TK]Xȑ[oXuuEH1_{ء4auEv`+MB4BVU:ȷ՜b kEe?|6D[e趹J/,U; !Ǖ9 ġ?C6 h(l`H`4--lE\Qi\n9ݼn]>˱ژoJ.Jj%hc1lO//n@=ԂkdzsR[iu@KVMaX+nى Gg1Mgp[, ] 陱Rcul\GwDk/:rqbT4Ws((S(u T굋ȫ6.`b\o9~+S5Fv0&X1#;* XYE7G'M]6Ζ4{C 3o`9(2\KAla zFJ6 G7;-r;V:RGy1#@rɸM::[6Q{~N 7AJ}}80ZX['m+ Pd_}K_~g;2崐 )tvI8hy 'HɟCϨ=Ȁ cGY$Xff.NPghtm<2`7<)st!9\P$hj,hF$"Q<CA.i'_?Oܸr|ss*>/8ֲ]~g0 s>T:KYGլZ}xss?z*M⇖ik{yw:XVOgVzz(J5R!XEmxn?Q#1u 7V!ms6Gm#DzDv #^'tϞ+SP ER:*&F>vdDE1i'vk0 ͇[%Qd'pIGiF.혙$PU'yq.QEnhJjQY~<`ll4܍Q)>\ D1YM`Ggٵ, Oam6Y:t9l)h_$J媎NpA P'ʴ **)|@h`UzRPkH=b7턪 5(<:{jBѾl~&I䲦oG⦲P i8 mu)G>&14}Ck:9|}`Cٔs]lE[Gղ%prMNC1 ;J7k%8&$N|=iD, -@JX"KVA*YMozC7o?DcK=6[}d(KUc" !u?y&Tzd/u9#u1]&trn;;UզⰥhCdJt uH:zWŇ[Yk{zuk$Pl-D3U &Wd`-Orڢ%H(JBLdGWC>*PCC?yUZq/p`KCЗ'9j@(d|]M3o-33 OhJt +ψdZv&¢YKP w}v΢kTcmX/j~Q \&'$La2FXy,H. \f% s#{EE(V½ޠoXDۼ"55guO=Jg\Bح{A@B;{ B20: !ٸr2Ǭ b0,%hqns35 #ʖU5H`6NN&ί}~no߾l:S ~.C!g84T˕v(h&a CkPꕯHaU+.6Ǘ ,/ݕ-M@@]A x-`%UVۛΓ}!ۮ)-e} k}UhQXc3יzo&]b\ kRb,Fnx6;ZSb";Lم..v0:mݒnS i[EqꂅUJzb5":yLtbjFXoU]jb:N>ߚ[Rw(J*(3hU讆r^AZKېO*D=)UN^-6  a txm_L4*fj Lq)*1+USjȖWHʉо XyK<_@k0rlW?JY9nL1$M6O!%[\Cf:dŶpM*[|^eWU .XǷ%BEl؃H"iZVv- ojP:L!9 a;؅|'Y}_'??3?>/˹{zz,g6ɁM] OnnI]T-AM !/Gyp  ~ nR G8SSToD6Xh:"E0I" X+-Jys@Eo?xJmXWJI u[^|tZۈs*6(x>kWJxc9no_uyw:l+wZZN6r<:{4Y`z|ٞt.e?tY ^'lh:DA2 !iSabQ\7t5??>l+KWD' 4ᷧT13Xp 2QL'D4SS}_Y=yJצʰuëaC,h!nH*V9Mn=v!cUy)mMg$[wʄ涌G ,ypU+oK( 5m0:eED R'FUa.o\B 5fM~%Be>P8"zJC$L.jW3VNtxQF#VfYҋEel}S {{ɩ DTJy|XCWɉUn}WD$5LN"HXB! ܬ8# (2#i;~~~> aBZIzepLfHb"D(U1xZ̷ۛOl%Bo%}y3C4*.̉9 5ERkBi=(0*1} HV2[[l82N/ǫ,G.D\^kvGfgX,G,yX5S!ވ1 U!4a03v֧x7EZWpz3SDƥfrBm<Z# pGB RD蜡 & XNldFCi>&j19B*3)vYC.d$"Fb#݂x%>0L_˛df#12d=\͌~`θ'X _za }C3|:R3Ǘ^ _agUGFTKao|g. jѲ 8EUt2u @e>я{ԃl ږt~x͛*/eaY, =&2JgԚf`ο+r֊!ՕHD 1؝5/ l<::٭28cՃB ~w`?4Z+L)rP T24b:-%㢣R}?{r{IiaFR 42:&VPc$)(̷ G DxQ$a&q򪲱ϻrf7痓x,;J+yRF ZW\ ACz45O .mB10Z…0?A6@Yl!)&ʖfth'(gDq͋x9>}^|~k;@ tC{N) Rh(#]v.z#3MN֡l஧VlrȾmv\z=j%˭5r,9*mz72`)Tdw}::, V>mS?mHVC 8wi=1aXlP/P::w3I01sw&˰"al0: l/*_qHN8#jI~jxspuuWR%-0O͸fMk<ıdFvػ&(j< EzCyk0ߘ6-5kXvNHO){y9T&O<W-Ņo(Vaʃ/z`zJIX8LN6B,jJTTݳ[/ZZt&aYX`S_uT(vpw3ZJgYt|9)0iׂ>X))!F˸l *^,zNwz_vԠpnیa9c8* ȶvmɥ|e1o;.}\."ػ\(xDQUe%6~ \=*QQ+e͕ bB2٩i`?LH$ZXGQV-Ϡj,l`x59{P.WD7&V<8/~8o߾&5N ~GC/6[;AĽkVúm(d 0cʮ5^CNȷԮ2(|P=Fxs'L1 vL!lq#G$I oa on]m 3)/սD̸Ji>bȲ`E0n"śP fJÐOK.Oc[-Bt|-;>:?:\(jOu$/>VZz-N!S@ɎRML}uV 9Sth.Z`Jݿ 1lX6;?Gݍyr:M XM{zq#ߛXUaMї)U:(knw[iMkဩe leeK 6"(4]3]\ XNY<ׅ7`f|rM<֭&eed5ki!cpa2*)g8o$*薱eU3zЊulp 2\<Gu~ZYO@3 1LM,dC9\S\F;"LM&hժ# QogSΝ;?S?wJ̻PH&4C8@Wfa% [DQyˊERp Dޚo]U7^t)jBaBEGhUhp!tHdH 2D] U0<Cb r`8!x* ݰ'gH=A z^^¤rVg㩧om}rPwjrN&=@f22;FOtq@L#Gm>lM;wl?l&l:m?]Ï/s58gC-ȓpU](6u['Eu_1ͅ]<<b`04<!.h^k~~yvvw^V[eNdcuOb񶬛 +VrxYsVd%>ʾ3T@/w!*[2?;sn{,!B!ȲHMC~Uz5* Ҩ0ѨVSM![:/K4ސ6ۦ\_0g;8mJ6&*($#*dV$"ahӊ_NGZqoS1{kmfk1ˢsрDI#S_$8dSYPٯ(6=}^LU]e#fr𖲬`q|ōU+P\GQu_\=!-eCk@mSbj@+3HX1rޮRQ(By{Ю.C? ^{(/Q7nܸwn۞΅Y;Tٔp6BiK$S֫q9"Ne\vOT3}ZVxc# b4<ö ?sM$KF$`դ4 X-Ӂ~8*mM;[N! 8GRa 3 g| 6Vu h-TΩX{W5-46sz#?+a `!6U dZǘA I ʯO=|٫ry>\ U}/"6:?c*ԙ [7zI)<8`3`^sD`՝NA۵q<ԘfCiQ dD?) k6`NQXKDΆ2\]M{mz5)[`ak[*Sb_|poOb?,;<9au~Hh|9Ѱ2c䐦ÑM@^e'wyx__NsnTsD_}n5ߺ..pՏSޜdcK+)JE,6[W?CLOYk.--UaLZA̞ĶV"漢ihmÒPBȵwJãqѣ>ښV28$A..^i_Fg4;{UQUCphg>C,rXzkZP 4о!CdN$ӥƀjj^D)I%mɇi\')QYrk>[ԗGƠjGPVQ?Qv:ck360Ƃ!B!E~Ͼ˻{ʩP$+4x2H@1-PLUHRKNyKJXBSa<5P."DYw{ ^hb ȘR?7B]3DX* x""vBJJEu|aLQ,$s@55?d3*Ժ:a;Dç7UB\uU OT!5Eɳ,eFdݍK]Ş/\rvW g?/O=Ƀ铻;{Yj^';L_\߹3ݾOXO*`"M`Uz;CE/lH40p b5ԋ3(7;xrݾnL((-&!TBݦWB֮n1+ʱSp,w XԴ<-|M4dIjX&pD;D4t .gh[ v\akLBb/5Ʈ CB}in&MRq,#XO`0$C} ܐLY+D埒j'7 W`0 8ʲ(vȄFk x9)P'EeLTϨ%uXf/ğ{54 52y'|W;=#e?L;S]6|(9 R­0,hUP: e\"A=uY(0k.ZD0p\ȕ&-Źd-Xm'$Edu,-"iQ ^I-HƒH88TaPM"Rڢk5A_m̨r1ydgGETM.0Q.IAuEoY5ereeivYw-ba jozZi_ş(eloKuU*pC}5WG3S8PJ̓Q%pE!DŽHVqr0jkH.䴥`TbUROoM]" v J@nخj Mଞ\lMq~VPV0ץ'o)\ Rv`ACWjk8}c.GM% _Q* rp),Mb\5EAP"A5<-H~2Iܗ 7)-C3v8X3zI[z]:;kVw{?JɊ~@eLʏt6'qF2 WETSW˘N[_ԗ>\qzmvģӏV2f7SWc)xRJe4}9w.W li$[ FBl+;i |"&!ޝL/wQuJҒH&Jd,!\ʼd| W\_TF-Asv+S$yq3CDUs kE\e4LRBAoO&>/=7O<#Tn᎛k\GX&i"0^CDf5bAAWirsQ&AٍlGv&Hb^;p! 4@Wܠ bQ3 U%BDusU9HK )f*߾u`_ j`N󛝤6Ձ`2`"æ Iiӈ?%{{{sg_g~>?|#*F+<\M{J޸R86dZͽM!#A h1:SGt\MB.k@/ Ц&~C;*|X%CjQ-6?͇S4*>𱍒[ !.BL|첥%M7ЬB7ؿFjݹuNooysKDWA[ |y$+gD[i\J<3Wg>y{{;[xbɧnG__E`{#=HdfԘW5MGMNJzmSO콀xyBL\ad(lC({[x vXtO-*kAly6::>~|ٹ:k઀ ^=b3YA.#u#5@Ha -7\ ,cD Ƕ\@Oɀ<(њ|rWb/ ąG>c!(d&EJQ2m ]}GH]4yt˜DtˣJlίw;c[s 8tP( '@+ )69bYfnvS_  ^L֧ixF-aeN )\KEy^Qz#mU4ɀ Lgǧ7nt|I"(꺪""\)VNX0uwY5 p)܏Zɂn(-m/*rwt&[9L0LyI^ )d07Y\y4*݈6iYcyNDE5QYINgԏ.1J E$J`Rr\ oz0,42@] q2t*"Gjsi.w{6~_E.F[or7>w^WOC+G99:~d/[jA5f/},gv[[zO*4 ŋNJUp şaBI H*]7AE%*Pك-aZڠVƞ,t ŗo!B V1b"fhWel,'40 Dj/:lei9|&h\ r?Y0Ȉ<+q*nG! y=#`qzT0AQG,L! 9+SX6ۋgƏu}TjcCih?gx"a@z~*MO*)eT/Ţ 7Uټegpp ؿf2-@3`r"ZGs/\vB-9 X=e%DӄۻՀiNԾ^P7~P@6GqTN|-A)8dD1 8,R!x4+5?ɻrhݒj.z#׃SfZFfZ[p)t!8.A͟??O 6KQ޽1/@krP1eXHë|˂|vqg[޻:#VSPiWF,AzGEs51>ap0أW 1; ָ ХQJ!<@^TELm3"e`ED}VTZbgm#;ʺM@&&̶P {81VKќ#1@Ňe cK(lE%\XA"MpFBrf"+j0/y3 CgV)u3Wƙ?qP^D!h9n4rCV%PoAm'.X $vlSHBPp (F| į=M(b´4łVJswGwîAwI5iɭ RRRl5j-nZ@b{հ`L%]H6Ju |)7Эv[,,|j}<GņE8)"/aɻU<ژ〗o&BqQ>.qe5'| Djb>*ݔʌ!Mhp 2zWp1]We#rWwy~~fgc/깷LG4LJ[(ax+d6h%Upߪg qSD ̢Ӂ@[prW+"3~ɈiJ _so]|H[= .aE!rDjWsӚ@,=rH*Te(TMi] :dot|XH'r8`jΞ2} $1;]kNa$R vEk&d,˥-Afm%=sq֋vI f :clЧ;ޡMsyCfBˀ]cԇDӴ\)TʧRAQWohrzlю oZ5i$ҿa1$s~4aS]nO~_6 00`u^'zDr0 |pӼo7 @wn4y'9,eԢ k(eٝ[}Bj%u9=n66F5]:z,0ehX&Gu[G''T dcu6wڦIHG"TRuB"hvأ"^ z -gJ< 8OΦ{{R9@á좐_8eQ&t~ZNKy4Pz6?:d|!So)*!¥` xgN4uW+sSs ](^, M =>( n9bSBd;e(#<$S#)ΐr|x$T1vEH-KINX CZjVcҒk*1i€m;5C0xHXJűw3 c/ ^L= tve6:y h|ц+4_ʹS< aq<4 RM*^uF7sjhi7C%[24kvRMkRVaNpc/'I +|lօ&x6M<ÐT+GG4K-Q K2*F6)_ ۂ(5AH{QUЂy`x- pLoѬl|yGyWYZhjٚ'P S;d^oxoKo\e8 q ð+cldpvɅ؜/?xknnxh$;izf2Gsûw(Bgtvǟ&rK*ށĆٹVjIp78.PZJKDpeIqf4 330LP,^NNNx1uGb9*w+7! ׬@Xflk-;'p ]`U;/<-4BC/Pq6t& +*x_ty55(m EbJpv hd;`@34v7&hb+fD:.N;oֳEB,%ʲ#.O,ddoV*o^Xe]hfj,P =/?SwmGۛO'*)܋U4.ivMMJ #n@\y ~(!-$'D+2 4R\ EKSHNo[ C F``Vڽ\<< !0TRL v߉^6h}‡&m[rs0xP]WJ%SRCY^[o09yÏ.ΔzaɃ[Qes.[#rDޚMN3/=3`wwG~{ׅ"sb&#8xe?#Y`6hy}Ŭ=QGp7S!Z O̚d]51l2`.@kn] -C8+1CFAn=1ޖ3#5 8-Vz }zߕ%BPScLfS\hNp7)G Yg.Tl|Fom]ɘ5oSķ`*S EWe)Jͺv FCbF SIeZwx_("H^kZ-3~Fd ~7,S~bW3Uʹ][g?O};;?T9n޺l&J"_M[Ł =c JQX0`,uɒaI>,iE3œG93rl8{AưVTx([`@4d i0#e. p\ (Q9c!aw`ɠ/>jO li>P޲6Dd/š[0u fXQ!ͯƭwIhɴ7_lB?-9.uO.3qP*D;V[Q2HIGUNO޺߾x/=O]n^d\?r4[(2F_QxPT 5F]-F 86 ¡ܑ(凒kc,<ԟ:`*@ 8x1MA_K1F7+Y2[EVPwE*B6@gOĘwhL]nuULy`L{ 0s;+BXH8Nŝ~[OM1;ԔnPUUl-vգ_uF,SߕȲYww] Ni K͍;V'!@컱fb:JBUI lIږTfžT!}Uew0VpV6Z w{etmG2j W!v*[Õ,,A}v`L&?UXSw=p99tt"R!;3P]f=ş`h{3"8>ersסJك<q =q7Xцesir$pYMЉ)*EʉР5.ax{W_͝]Ox_&+RP6F[Ex9&l\{E5yW^}]Z?+X~|`NƧr ?ȣ{;;*SE KugA' E+R劘hl[^+/_{_Gycx9w(ZjSνtŪ(||ւ6sYf [t,qVBف>8(rC9 Lz6\i| ' I3O͆vMCiP >F<A!Ch׽ 0"r0ٮbX6,.V׺­G尳qŢys7&〺i'K@DN)_~g}竟_TjN v#ckc4:ű%YV%Y^G>^|y N޺7O.o:FbGn>n$|v_U1KR x/&fisHP~Uqx{=&|t/- |}thcYRY|Z6[z2Qr}5v%7~L5|yO)&E͏u Zdĕ@Ե;MDv pU:+:X5U~qs7Yb*/ 0Q!N\'g%5M&`³2jyr IN|Fd>e1dэvTBhhO6epZMݬ1}apk3ټ:YE]~>J|18/eɜH'~~6: GGCF`2SRe8b[^(\MaYZt!|Pp}MV2iGjИ% `x0%´-Yf`JxydpGȱ &2.V7EBu@gvԃn O3>1SՈëh4<,PBy#Z84e/g*5uw&3;q@ RӽO4,Ð5X;H`~ /-y>#o}KXKcig7nբ8jV8@Hͽuݸ}#ɗPl1Q|,m3Gg~zRLa8s67UO+|]UAuD4x{Cdcmxr:.TE1.[aG2H\+xؽBiN  v*4t&9M -ʆhȐFmA!,(p\[I$bFt[2y]#z{s063ԭFWJȨ  Z L;d6 ^ jJ5ygergxL<pɖkzh@u10\Xۇ@J&iX*A@nFPCsF=`Z*%a% K+O6mj{P9,gl YBJE2(.-=#ܩ\Ct] iou~_}F2033WףD#]UX Q=:TLϖXZ\YĈ?k@|Evc}]:h!L)U$,s0$$Ͻgunɩ+Syl'P[)lxxp/B>-VrFkD"vTXc0"SVnۺrٻS lP.%]4]bR.b8(܋P#vVE?/N϶A_ّ-ut65󥢤WI_[g+ڶT~JϗP&Ei\ZAWԓc;r2o4ЈF IG-t&X}i;}g0+q>|Y "y0;ᇾ}8uV^byZ*ݾwYh])\Dn#PwSv*^OjHO#/r *w)[7}:E|T0y3%ޱ{0)KnއNbƕeg|ׇ \22Te6o 3}TCBpWjddMES&%owX3ڦO)Nzڔ-qDBE)&ۡ~^>::Wqld e,h50=0\/_nZ]ADVd3Uun[UӠ9.\)뉲 K㔘o) BM @X۝V1CO"YuaR?0W"& V<9Ɠ E "Z-C zyr n"e \-ڛꢱչ#ĽfSP lj3d tfk=W^8;zۺy!g{g:k֓'?{Lvwd{Ooq($)ʧ,w:^Leuy>:sBf~wPuP蒢 ZbxZZѫpbZO)Pnҫ;('93QՈ@, Xx UsAl[iB> W L㡒 Z3;(E b0PHކ$N"odH ْ;⍰aUXT Aέ5l"+fܢմJv |W b&T's=b 5Ѣ 6{&$⊱W'"(秸Cj"|ljüٰ ЊNA]/fCv3xe7u]ҶV/&Jm.@rOu([ >Du.,5bS6; r?P)h_D l{GY /c%S-޻ܘG` !ub6R 'ieLY:o|u@w~L|;a6#Yr v%ۀhA,GKbsEuI y*jƌ0+\5!(F!X3 Y,ZhoMO +6dGH )57WXɖj4%Etڻ{7޺fU\Ib9lH5KW~nlKR"ʰ3HC`x|tcU-2 uD!V|5ԳXϜf_}%oX5LuuS 鐟D'u3!*ã{_&\ R%P hƾCr!C"dćJ@, lƛ=rLM<`.כ5!ŷz$P WmbpjN&yR@!1lgwE耣1Is.akU(c= ɲ}&fBgF )F_b{"dPY+~+LgeyMq ŀE'@b5nQ0d(kbo4]h7^J|BӊZoFSr ]]_j[+X*`. >q>Ĝ.e*ؐlޑ%]H(:ZG7 TH_X~"QxF ՒULZ7H03ILf$S ̵3#P eju@ ÈM1W.d kdk@C?Ho jF*c(]3^WM@#ԕ4xb_}yIͮlc>:}gְ[.NCNF Q.Ԑ:-ӏ|C7nxwn޼3Tyv-/z B-:8Mn@7;TMٍjttoЧ$}p$dG> RRzڻS N'Iپ䚄k)|rᗇ[VsY:tɼp#Y-o.(e)ڝ??~AˡSU‹ aCVӟ3;ޞ·FȎ ڴo1,J!9 CjB?p$JrRN;=Vۈ1l;dn l,-BQni4E}kZ#h F XTɌQWٚI+POKOP[Ƹ fE4ؕ1j3-)שy]ue"$ ð`5~0ZKe4ı"8! p3n(ׅ~ͭ:ĽY!MVe3D GE3m.la`^lq8-X x* 6l/jDqy` ² >-VCyxeSU }_.W eL@QQJ16 E㋭7dҧI3_#qpzQ xl[i.fT6u%CMOnݻqpKE' PO~o͓O<?k-y5[ /};RJ:kD{E9j8GSk) ].f77g { R,̺SİJ!̕715l-`U%.R1*x=aR u3jPyDEv#dTui?ʪ鋓iW^k#QD,2Zquut dqhcA@ݔt9=6&^JڢP-TYL[D<%ov^[MU( r} o64 ^HKa4#32d75([JGR\akzrC_ oܸqKQl^+,R^-g3k'̮5 Pz85RdV<|R3:447Uf7Ll2j$/&kz-A13R]*Y ?f0$,LGU%TĦAn<,E1GLܷ].{a #NFH[lUzwP;Pt c0jnuB*_{+w~eS5wrxm.غ:??ҋ/|˷~[+dP'p%2𵵹OEs{zrrؿ<;ݸq|>=:RD$3>}[un\dZ[n49v uk |yʡqWD+f@bWB0K0u&@Q6_TJgDȠjD)< |m̀ǺQ0NLp|xx=ܾd]mzK޼ H=@ ZF@9GQ)S4D!Q+V]Ģ}b5W&b+3l&s,҃&VqDdRWN6<+hkjgYd; l {=IVm.hk#mBWikS6g+2a0-5`wYuJ4])l v(\ntS=޹y`gW+ިt;} Wm"BPזJ1M1ۈ^mKo-%g2KSźT=]C(553--TD<&&g8^Έ(f0JF#GpEoqCBzHK{ih ZғۊTWڍ.{x2O|nܺt6"&nmso\ea/dSCG[S1mÅ@2sk ~Sjd(֠LK+@6v9Z4n,FC,5 y?Zk cGǓXB!2ȩyK؅2v{m["d^SHs(*[.k!}ǔ?-hF ͍b^\_G|?MUwɢj<3SƒXF[EOH#ׇpgƕ899؈薟7 iC |=AZq,2g$e'[(A'&B7vMc}BbLj-6G,.QcQ2xF[9[ƪQSW~16Yߚ4_?.ޮqȳ 7n,[AbX^Ä?e-{ ~KZ%~`py7L e".}m\ Zp2qf j~))ؙTeJ0Ӈ)7ݫ#O@&UZZg >U_B/Zb]b6 Y4S KcO''٠}r'FjHĊ>.BY. _[ԟ2#wQ5dz~F[7,uQ`ow