-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Pla9erYlitsJzvYA5DnNUhXqI0hUW8AyIS3FuD5ZvUKLTE60fh2Oxg1IeV5m1k3c aT5z1+LZLDD6LAeRNUzphg== 0000950134-06-019953.txt : 20061030 0000950134-06-019953.hdr.sgml : 20061030 20061030171223 ACCESSION NUMBER: 0000950134-06-019953 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20061030 DATE AS OF CHANGE: 20061030 GROUP MEMBERS: H LEE S HOBSON GROUP MEMBERS: HIGHSIDE CAPITAL PARTNERS II LP GROUP MEMBERS: HIGHSIDE CAPITAL PARTNERS LP GROUP MEMBERS: HIGHSIDE MANAGEMENT LLC GROUP MEMBERS: HIGHSIDE OFFSHORE LTD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: A.C. Moore Arts & Crafts, Inc. CENTRAL INDEX KEY: 0001042809 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-HOBBY, TOY & GAME SHOPS [5945] IRS NUMBER: 223527763 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-53645 FILM NUMBER: 061172926 BUSINESS ADDRESS: STREET 1: 130 A.C. MOORE DRIVE CITY: BERLIN STATE: NJ ZIP: 08009 BUSINESS PHONE: (856) 768-4930 MAIL ADDRESS: STREET 1: 130 A.C. MOORE DRIVE CITY: BERLIN STATE: NJ ZIP: 08009 FORMER COMPANY: FORMER CONFORMED NAME: A C MOORE ARTS & CRAFTS INC DATE OF NAME CHANGE: 19970722 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: HIGHSIDE CAPITAL MANAGEMENT L P CENTRAL INDEX KEY: 0001276845 IRS NUMBER: 743091871 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 100 CRESCENT COURT SUITE 860 CITY: DALLAS STATE: TX ZIP: 75201 BUSINESS PHONE: 2148552300 MAIL ADDRESS: STREET 1: 100 CRESCENT COURT SUITE 860 CITY: DALLAS STATE: TX ZIP: 75201 SC 13G 1 d40702sc13g.htm SCHEDULE 13G sc13g
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No.     )*

A.C. Moore Arts & Crafts, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
00086T103
(CUSIP Number)
October 20, 2006
(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

     o Rule 13d-1(b)

     þ Rule 13d-1(c)

     o Rule 13d-1(d)

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 
 

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CUSIP No.
  
00086T103 

 

           
1   NAMES OF REPORTING PERSONS:
Highside Capital Partners, L.P.
   
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY): 
   
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):
  (a)   o
  (b)   þ
     
3   SEC USE ONLY:
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION:
   
  Delaware
       
  5   SOLE VOTING POWER:
     
NUMBER OF   545,000
       
SHARES 6   SHARED VOTING POWER:
BENEFICIALLY    
OWNED BY   0
       
EACH 7   SOLE DISPOSITIVE POWER:
REPORTING    
PERSON   545,500
       
WITH: 8   SHARED DISPOSITIVE POWER:
     
    0
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
   
  545,500
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):
   
  2.7%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):
   
  PN

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CUSIP No.
  
00086T103 

 

           
1   NAMES OF REPORTING PERSONS:
Highside Capital Partners II, L.P.
   
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY): 
   
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):
  (a)   o
  (b)   þ
     
3   SEC USE ONLY:
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION:
   
  Delaware
       
  5   SOLE VOTING POWER:
     
NUMBER OF   19,200
       
SHARES 6   SHARED VOTING POWER:
BENEFICIALLY    
OWNED BY   0
       
EACH 7   SOLE DISPOSITIVE POWER:
REPORTING    
PERSON   19,200
       
WITH: 8   SHARED DISPOSITIVE POWER:
     
    0
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
   
  19,200
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):
   
  0.1%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):
   
  PN

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CUSIP No.
  
00086T103 

 

           
1   NAMES OF REPORTING PERSONS:
Highside Offshore Ltd.
   
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY): 
   
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):
  (a)   o
  (b)   þ
     
3   SEC USE ONLY:
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION:
   
  Cayman Islands
       
  5   SOLE VOTING POWER:
     
NUMBER OF   885,300
       
SHARES 6   SHARED VOTING POWER:
BENEFICIALLY    
OWNED BY   0
       
EACH 7   SOLE DISPOSITIVE POWER:
REPORTING    
PERSON   885,300
       
WITH: 8   SHARED DISPOSITIVE POWER:
     
    0
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
   
  885,300
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):
   
  4.5%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):
   
  OO

Table of Contents

                     
CUSIP No.
  
00086T103 

 

           
1   NAMES OF REPORTING PERSONS:
Highside Capital Management, L.P.
   
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY): 
   
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):
  (a)   o
  (b)   þ
     
3   SEC USE ONLY:
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION:
   
  Delaware
       
  5   SOLE VOTING POWER:
     
NUMBER OF   1,450,000
       
SHARES 6   SHARED VOTING POWER:
BENEFICIALLY    
OWNED BY   0
       
EACH 7   SOLE DISPOSITIVE POWER:
REPORTING    
PERSON   1,450,000
       
WITH: 8   SHARED DISPOSITIVE POWER:
     
    0
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
   
  1,450,000
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):
   
  7.3%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):
   
  PN/IA

Table of Contents

                     
CUSIP No.
  
00086T103 

 

           
1   NAMES OF REPORTING PERSONS:
Highside Management, LLC
   
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY): 
   
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):
  (a)   o
  (b)   þ
     
3   SEC USE ONLY:
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION:
   
  Delaware
       
  5   SOLE VOTING POWER:
     
NUMBER OF   1,450,000
       
SHARES 6   SHARED VOTING POWER:
BENEFICIALLY    
OWNED BY   0
       
EACH 7   SOLE DISPOSITIVE POWER:
REPORTING    
PERSON   1,450,000
       
WITH: 8   SHARED DISPOSITIVE POWER:
     
    0
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
   
  1,450,000
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):
   
  7.3%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):
   
  OO

Table of Contents

                     
CUSIP No.
  
00086T103 

 

           
1   NAMES OF REPORTING PERSONS:
H. Lee S. Hobson
   
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY): 
   
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):
  (a)   o
  (b)   þ
     
3   SEC USE ONLY:
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION:
   
  United States
       
  5   SOLE VOTING POWER:
     
NUMBER OF   1,450,000
       
SHARES 6   SHARED VOTING POWER:
BENEFICIALLY    
OWNED BY   0
       
EACH 7   SOLE DISPOSITIVE POWER:
REPORTING    
PERSON   1,450,000
       
WITH: 8   SHARED DISPOSITIVE POWER:
     
    0
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
   
  1,450,000
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):
   
  7.3%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):
   
  IN

TABLE OF CONTENTS

Item 1
Item 2
Item 3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is
Item 4. Ownership
Item 5. Ownership of 5% or Less of a Class
Item 6. Ownership of More than 5 Percent on Behalf of Another Person
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the parent holding company or control person
Item 8. Identification and Classification of Members of the Group
Item 9. Notice of Dissolution of Group
Item 10. Certifications
SIGNATURE
EXHIBIT INDEX
Joint Filing Agreement

Table of Contents

Item 1.
     (a) Name of Issuer
          A.C. Moore Arts & Crafts, Inc.
     (b) Address of Issuer’s Principal Executive Offices
          130 A.C. Moore Drive, Berlin, New Jersey 08009
Item 2.
     (a) Name of Person Filing
          This statement is filed by and on behalf of: (i) Highside Capital Partners, L.P. (“HCP I”); (ii) Highside Capital Partners II, L.P. (“HCP II”); (iii) Highside Offshore Ltd. (“HO”); (v) Highside Capital Management, L.P. (“HCM”); (vi) Highside Management, LLC (“HM”); and (vii) H. Lee S. Hobson. HCP I, HCP II, and HO may be referred to herein, each, as a “Highside Fund” and, collectively, as the “Highside Funds.”
          HCM serves as an investment adviser to each Highside Fund. HCM may be deemed to have or share voting and/or investment (including dispositive) power with respect to shares owned and/or held by or for the account or benefit of each Highside Fund.
          HM is the general partner of HCM. HM may be deemed to have or share voting and/or investment (including dispositive) power with respect to shares owned and/or held by or for the account or benefit of each of HP and HCM.
          Mr. Hobson is the President and managing member of HM. Mr. Hobson may be deemed to have or share voting and/or investment (including dispositive) power with respect to shares owned and/or held by or for the account or benefit of HM.
          Each of the reporting persons declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Sections 13(d) or 13(g) of the Act, the beneficial owner of any securities covered by this statement.
     (b) Address of Principal Business Office or, if none, Residence
          The address of the principal business office of each of the reporting persons is 100 Crescent Court, Suite 860, Dallas, Texas 75201.
     (c) Citizenship
          See the disclosure provided in response to Item 4 on the attached cover page(s).
     (d) Title of Class of Securities
          Common Stock, no par value per share, of A.C. Moore Arts & Crafts, Inc.
     (e) CUSIP Number
          00086T103

 

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Item 3.   If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is:
         
(a)
  o   A Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o).
 
        
(b)
  o   A Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c).
 
        
(c)
  o   An insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c).
 
        
(d)
  o   An investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
 
        
(e)
  o   An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
 
        
(f)
  o   An employee benefit plan or endowment fund in accordance with §240.13d- 1(b)(1)(ii)(F);
 
        
(g)
  o   A parent holding company or control person in accordance with §240.13d- 1(b)(1)(ii)(G);
 
        
(h)
  o   A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
 
        
(i)
  o   A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
 
        
(j)
  o   A group, in accordance with §240.13d-1(b)(1)(ii)(J).
Item 4. Ownership.
     (a) Amount beneficially owned:
          See the disclosure provided in response to Item 9 on the attached cover page(s).
     (b) Percent of class:
          See the disclosure provided in response to Item 11 on the attached cover page(s).
     (c) Number of shares as to which such person has:
          (i) Sole power to vote or to direct the vote:
               See the disclosure provided in response to Item 5 on the attached cover page(s).
        (ii)  Shared power to vote or to direct the vote:
               See the disclosure provided in response to Item 6 on the attached cover page(s).
        (iii) Sole power to dispose or to direct the disposition of:
               See the disclosure provided in response to Item 7 on the attached cover page(s).
        (iv) Shared power to dispose or to direct the disposition of:
               See the disclosure provided in response to Item 8 on the attached cover page(s).

 

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Item 5. Ownership of 5% or Less of a Class.
          If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following o.
Item 6. Ownership of More than 5 Percent on Behalf of Another Person
          Each Highside Fund may have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, shares owned and/or held by or for the account or benefit of such person. Each Highside Fund is identified in Item 2 of this statement.
Item 7.  Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
          Not Applicable
Item 8. Identification and Classification of Members of the Group
          Each of the reporting persons declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Sections 13(d) or 13(g) of the Act, (i) acting (or has agreed or is agreeing to act together with any other person) as a partnership, limited partnership, syndicate, or other group for the purpose of acquiring, holding, or disposing of securities of the issuer or otherwise with respect to the issuer or any securities of the issuer or (ii) a member of any group with respect to the issuer or any securities of the issuer.
Item 9. Notice of Dissolution of Group
          Each of the reporting persons declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Sections 13(d) or 13(g) of the Act, (i) acting (or has agreed or is agreeing to act together with any other person) as a partnership, limited partnership, syndicate, or other group for the purpose of acquiring, holding, or disposing of securities of the issuer or otherwise with respect to the issuer or any securities of the issuer or (ii) a member of any group with respect to the issuer or any securities of the issuer.
Item 10. Certifications
     (a) Not Applicable
     (b) By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 

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SIGNATURE
          Each reporting person certifies that, after reasonable inquiry and to the best of such reporting person’s knowledge and belief, the information set forth in this statement is true, complete and correct.
     
Highside Capital Partners, L.P.
 
    
By:
  Highside Capital Management, L.P., its Investment Adviser
By:
  Highside Management, LLC, its General Partner
 
    
By:
  /s/ H. Michael Reese
 
   
Name:
  H. Michael Reese
Title:
  Vice President
Date:
  October 30, 2006
 
    
Highside Capital Partners II, L.P.
 
    
By:
  Highside Capital Management, L.P., its Investment Adviser
By:
  Highside Management, LLC, its General Partner
 
    
By:
  /s/ H. Michael Reese
 
   
Name:
  H. Michael Reese
Title:
  Vice President
Date:
  October 30, 2006
 
    
Highside Offshore Ltd.
 
    
By:
  Highside Capital Management, L.P., its Investment Adviser
By:
  Highside Management, LLC, its General Partner
 
    
By:
  /s/ H. Michael Reese
 
   
Name:
  H. Michael Reese
Title:
  Vice President
Date:
  October 30, 2006
 
    
Highside Capital Management, L.P.
 
    
By:
  Highside Management, LLC, its General Partner
 
By:
  /s/ H. Michael Reese
 
   
Name:
  H. Michael Reese
Title:
  Vice President
Date:
  October 30, 2006
 
    
Highside Management, LLC
 
    
By:
  /s/ H. Michael Reese
 
   
Name:
  H. Michael Reese
Title:
  Vice President
Date:
  October 30, 2006
 
    
H. Lee S. Hobson
 
    
By:
  /s/ H. Lee S. Hobson
 
   
Name:
  H. Lee S. Hobson
Date:
  October 30, 2006

 

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EXHIBIT INDEX
         
Exhibit    
No.   Description of Exhibit
  99.1    
Joint Filing Agreement dated October 30, 2006 among Highside Capital Partners, L.P., Highside Capital Partners II, L.P., Highside Offshore Ltd., Highside Capital Management, L.P., Highside Management, LLC, and H. Lee S. Hobson

 

EX-99.1 2 d40702exv99w1.htm JOINT FILING AGREEMENT exv99w1
 

EXHIBIT 99.1
JOINT FILING AGREEMENT
October 30, 2006
     Pursuant to and in accordance with the Securities Exchange Act of 1934, as amended, and the rules and regulations thereunder, each party hereto hereby agrees to the joint filing, on behalf of each of them, of any filing required by such party under Section 13 or Section 16 of the Exchange Act or any rule or regulation thereunder (including any amendment, supplement, and/or exhibit thereto) with the Securities and Exchange Commission (and, if such security is registered on a national securities exchange or national securities association, also with the exchange or association), and further agrees to the filing and/or incorporation by reference of this Joint Filing Agreement as an exhibit thereto. This Joint Filing Agreement shall remain in full force and effect until revoked by any party hereto in a signed writing provided to each other party hereto, and then only with respect to such revoking party.
     IN WITNESS WHEREOF, each party hereto, being duly authorized, has caused this Joint Filing Agreement to be executed and effective as of the date first written above.
             
    Highside Capital Partners, L.P.    
 
            
 
  By:   Highside Capital Management, L.P., its Investment Adviser    
 
  By:   Highside Management, LLC, its General Partner    
 
            
 
  By:   /s/ H. Michael Reese
 
    
 
  Name:   H. Michael Reese    
 
  Title:   Vice President    
 
  Date:   October 30, 2006    
 
            
    Highside Capital Partners II, L.P.    
 
            
 
  By:   Highside Capital Management, L.P., its Investment Adviser    
 
  By:   Highside Management, LLC, its General Partner    
 
            
 
  By:   /s/ H. Michael Reese    
 
           
 
  Name:   H. Michael Reese    
 
  Title:   Vice President    
 
  Date:   October 30, 2006    
 
            
    Highside Offshore Ltd.    
 
            
 
  By:   Highside Capital Management, L.P., its Investment Adviser    
 
  By:   Highside Management, LLC, its General Partner    
 
            
 
  By:   /s/ H. Michael Reese    
 
           
 
  Name:   H. Michael Reese    
 
  Title:   Vice President    
 
  Date:   October 30, 2006    
 
            
    Highside Capital Management, L.P.    
 
            
 
  By:   Highside Management, LLC, its General Partner    
 
            
 
  By:   /s/ H. Michael Reese    
 
           
 
  Name:   H. Michael Reese    
 
  Title:   Vice President    
 
  Date:   October 30, 2006    
 
            
    Highside Management, LLC    
 
            
 
  By:   /s/ H. Michael Reese    
 
           
 
  Name:   H. Michael Reese    
 
  Title:   Vice President    
 
  Date:   October 30, 2006    
 
            
    H. Lee S. Hobson    
 
            
 
  By:   /s/ H. Lee S. Hobson    
 
           
 
  Name:   H. Lee S. Hobson    
 
  Date:   October 30, 2006    

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