-----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, Aqpu21GhfC8GeaAZqMc+CfSfKUstGXnJUqPkTc1pYajyHxPl9ZaJzy8dic5xgkcA slsXBYA2HJ3bmlhrm5A2lA== 0000944234-10-000003.txt : 20100211 0000944234-10-000003.hdr.sgml : 20100211 20100211163641 ACCESSION NUMBER: 0000944234-10-000003 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20091231 FILED AS OF DATE: 20100211 DATE AS OF CHANGE: 20100211 EFFECTIVENESS DATE: 20100211 FILER: COMPANY DATA: COMPANY CONFORMED NAME: RENAISSANCE GROUP LLC CENTRAL INDEX KEY: 0000944234 IRS NUMBER: 311448100 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-04884 FILM NUMBER: 10592325 BUSINESS ADDRESS: STREET 1: 625 EDEN PARK DRIVE STREET 2: SUITE 1200 CITY: CINCINNATI STATE: OH ZIP: 45202 BUSINESS PHONE: 5137234500 MAIL ADDRESS: STREET 1: 625 EDEN PARK DRIVE STREET 2: SUITE 1200 CITY: CINCINNATI STATE: OH ZIP: 45202 FORMER COMPANY: FORMER CONFORMED NAME: RENAISSANCE INVESTMENT MANAGEMENT DATE OF NAME CHANGE: 19990324 13F-HR 1 rim4q09.txt DECEMBER 31, 2009 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2009 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: The Renaissance Group LLC Address: 625 Eden Park Drive Suite 1200 Cincinnati, Ohio 45202 13F File Number: 28-04884 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Kevin J. Patton Title: Chief Compliance Officer Phone: 513-723-4500 Signature, Place, and Date of Signing: Kevin J. Patton Cincinnati, Ohio FEBRUARY 11, 2010 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: Form 13F File Number Name 28-04975 Affiliated Managers Group, Inc. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 1 Form13F Information Table Entry Total: 205 Form13F Information Table Value Total: $4,954,536 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional managers with respect to which this report is filed, other than the manager filing this report. No. 13F File Number Name 28-04975 Affiliated Managers Group, Inc. VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- x$1000 PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE D APPLE, INC. COM 037833100 83450 396001 SH SOLE 359150 0 36851 D ABB LTD ADR COM 000375204 13144 688152 SH SOLE 687821 0 331 D ABBOTT LABORATORIES COM 002824100 70273 1301586 SH SOLE 1177742 0 123844 D COMPANHIA DE BEBIDAS DAS AME I COM 20441W203 15528 153608 SH SOLE 153539 0 69 D ACE LTD COM H0023R105 5145 102083 SH SOLE 96609 0 5474 D ACCENTURE PLC COM G1151C101 73877 1780163 SH SOLE 1621591 0 158572 D ARCHER DANIELS MIDLAND COM 039483102 5264 168119 SH SOLE 159407 0 8712 D AMTRUST FINANCIAL COM 032359309 1220 103197 SH SOLE 95092 0 8105 D ASSURED GUARANTY LTD COM G0585R106 16216 745229 SH SOLE 744767 0 462 D AGRIUM INC COM 008916108 15463 251439 SH SOLE 251338 0 101 D ALTERA CORP COM 021441100 334 14754 SH SOLE 14660 0 94 D AMEDISYS INC COM 023436108 1342 27622 SH SOLE 25410 0 2212 D AMGEN INC COM 031162100 64374 1137959 SH SOLE 1016397 0 121562 D TD AMERITRADE HLDG COM 87236Y108 71890 3709477 SH SOLE 3353862 0 355615 D AMERICA MOVIL COM 02364W105 13155 280023 SH SOLE 279939 0 84 D APACHE CORPORATION COM 037411105 79074 766441 SH SOLE 694651 0 71790 D APAC CUSTOMER SERVICES INC COM 00185E106 1219 204512 SH SOLE 188433 0 16079 D AMPHENOL CORP COM 032095101 350 7573 SH SOLE 7526 0 47 D APOLLO GROUP COM 037604105 66857 1103608 SH SOLE 980968 0 122640 D AEROPOSTALE COM COM 007865108 62257 1828404 SH SOLE 1605179 0 223225 D ALLIANT TECHSYSTEMS COM 018804104 267 3028 SH SOLE 3008 0 20 D ALLIED WORLD ASSRNC CO HLDGS COM G0219G203 12667 274957 SH SOLE 274743 0 214 D ASTRAZENECA PLC ADR COM 046353108 12819 273083 SH SOLE 272979 0 104 D AUTOZONE, INC. COM 053332102 68724 434767 SH SOLE 389305 0 45462 D BAE SYS PLC ADR COM 05523R107 12681 546062 SH SOLE 545873 0 189 D BASF AKTIENGES COM 055262505 15900 253364 SH SOLE 253324 0 40 D BAYER AG -ADR COM 072730302 15181 188309 SH SOLE 188295 0 14 D BARD C.R., INC. COM 067383109 233 2985 SH SOLE 2968 0 17 D FRANKLIN RESOURCES, INC. COM 354613101 78587 745962 SH SOLE 673577 0 72385 D GENERAL CABLE CORP COM 369300108 426 14493 SH SOLE 12196 0 2297 D BHP BILLITON LTD ADR COM 088606108 14616 190859 SH SOLE 190770 0 89 D BIO-REFERENCE LABORATORIES COM 09057G602 1094 27962 SH SOLE 27962 0 0 D CA INC. COM 12673P105 5229 232793 SH SOLE 228854 0 3939 D CACI INTL INC COM 127190304 922 18873 SH SOLE 18873 0 0 D CHEESECAKE FACTORY INC. COM 163072101 663 30707 SH SOLE 25955 0 4752 D CAMERON INT'L COM 13342B105 408 9764 SH SOLE 9718 0 46 D CHINACAST EDUCATION COM 16946T109 1308 173013 SH SOLE 159743 0 13270 D CATERPILLAR, INC. COM 149123101 1872 32855 SH SOLE 32855 0 0 D CHUBB CORP. COM 171232101 5002 101704 SH SOLE 95902 0 5802 D COMPANHIA BRASILEIRA DE DIST COM 20440T201 14074 187349 SH SOLE 187190 0 159 D COCA-COLA ENTERPRISES INC COM 191219104 5125 241746 SH SOLE 228554 0 13192 D CNOOC LIMITED COM 126132109 13754 88477 SH SOLE 88434 0 43 D CHECK POINT SOFTWARE TECH COM M22465104 14766 435829 SH SOLE 435685 0 144 D CHINA MOBILE LTD COM 16941M109 11221 241675 SH SOLE 241585 0 90 D BANCOLOMBIA S.A. ADR COM 05968L102 15736 345760 SH SOLE 345442 0 318 D CNINSURE INC COM 18976M103 12071 601157 SH SOLE 600760 0 397 D COLGATE PALMOLIVE COM 194162103 74394 905585 SH SOLE 824312 0 81273 D CLIFFS NATURAL RESOURCES INC COM 18683K101 403 8739 SH SOLE 8679 0 60 D CELESTICA INC COM 15101Q108 13090 1386688 SH SOLE 1385759 0 929 D COMTECH TELECOM COM 205826209 913 26067 SH SOLE 26067 0 0 D COGENT INC. COM 19239Y108 952 91597 SH SOLE 91597 0 0 D COACH INC COM 189754104 83694 2291090 SH SOLE 2094057 0 197033 D ROCKWELL COLLINS COM 774341101 662 11967 SH SOLE 10123 0 1844 D COPA HOLDINGS ADR COM P31076105 1513 27776 SH SOLE 25363 0 2413 D CAMPBELL SOUP COM 134429109 5504 162840 SH SOLE 153965 0 8875 D CAPELLA EDUCATION COM 139594105 906 12037 SH SOLE 12037 0 0 D CREDIT SUISSE GROUP ADR COM 225401108 12158 247308 SH SOLE 247208 0 100 D CISCO SYSTEMS INC COM 17275R102 79578 3324069 SH SOLE 3016167 0 307902 D CASH AMERICA INTERNATIONAL COM 14754D100 906 25908 SH SOLE 25908 0 0 D CSX CORPORATION COM 126408103 5606 115608 SH SOLE 109775 0 5833 D COGNIZANT TECHNOLOGY SOLUTIO S COM 192446102 71522 1577807 SH SOLE 1423770 0 154037 D SPDR MSCI ACWI (EX US) COM 78463X848 424 13595 SH SOLE 13595 0 0 D DYNCORP INTERNATIONAL COM 26817C101 657 45788 SH SOLE 45788 0 0 D DELHAIZE GROUP COM 29759W101 13127 171097 SH SOLE 171064 0 33 D QUEST DIAGNOSTICS COM 74834L100 597 9895 SH SOLE 8330 0 1565 D DOLLAR TREE INC COM 256746108 64973 1345193 SH SOLE 1209295 0 135898 D DIAMOND OFFSHORE DRILLING COM 25271C102 5238 53223 SH SOLE 50235 0 2988 D ENI SPA COM 26874R108 11753 232231 SH SOLE 232130 0 101 D EBAY INC COM 278642103 70149 2981242 SH SOLE 2683184 0 298058 D ENCANA CORP CAD COM 292505104 14227 439238 SH SOLE 439065 0 173 D ENERGEN CORP COM 29265N108 5476 117018 SH SOLE 110562 0 6456 D EARTHLINK, INC. COM 270321102 1105 132973 SH SOLE 122608 0 10365 D EMC CORP COM 268648102 69926 4002605 SH SOLE 3606918 0 395687 D EASTMAN CHEMICAL COMPANY COM 277432100 5678 94253 SH SOLE 89442 0 4811 D EMERGENCY MEDICAL SERVICES C R COM 29100P102 1531 28270 SH SOLE 26437 0 1833 D ENDURANCE SPECIALTY HLDGS COM G30397106 13241 355661 SH SOLE 355316 0 345 D EOG RESOURCES INC COM 26875P101 85706 880839 SH SOLE 801256 0 79583 D ITT EDUCATIONAL COM 45068B109 62294 649167 SH SOLE 573653 0 75514 D ELBIT SYSTEMS COM M3760D101 13174 202518 SH SOLE 202367 0 151 D ENSCO INTERNATIONAL PLC - SP N COM 29358Q109 4697 117599 SH SOLE 115088 0 2511 D EATON CORPORATION COM 278058102 74110 1164881 SH SOLE 1053746 0 111135 D EXELON CORPORATION COM 30161N101 4815 98517 SH SOLE 93065 0 5452 D EZCORP INC COM 302301106 903 52472 SH SOLE 52472 0 0 D FTI CONSULTING INC. COM 302941109 1010 21426 SH SOLE 19841 0 1585 D FACTSET RES SYS COM 303075105 1057 16049 SH SOLE 14793 0 1256 D FLOWSERVE CORP COM 34354P105 69320 733308 SH SOLE 660908 0 72400 D FOMENTO ECONOMICO COM 344419106 15781 329599 SH SOLE 329536 0 63 D FRANCE TELECOM COM 35177Q105 11936 472895 SH SOLE 472660 0 235 D FUQI INTERNATIONAL COM 36102A207 12075 672723 SH SOLE 672270 0 453 D GERDAU SA COM 373737105 15969 937714 SH SOLE 937522 0 192 D GILEAD SCIENCES COM 375558103 67659 1563654 SH SOLE 1397854 0 165800 D GENERAL MILLS, INC. COM 370334104 5629 79497 SH SOLE 75235 0 4262 D CORNING INC COM 219350105 78732 4077288 SH SOLE 3679286 0 398002 D GARMIN LTD COM G37260109 459 14960 SH SOLE 14786 0 174 D GOLDMAN SACHS GROUP INC COM 38141G104 71574 423918 SH SOLE 379813 0 44105 D GSI TECHNOLOGY COM 36241U106 1197 267137 SH SOLE 245669 0 21468 D GENTIVA HEALTH SERVICES COM 37247A102 990 36657 SH SOLE 36657 0 0 D GENOPTIX INC COM 37243V100 1256 35363 SH SOLE 32671 0 2692 D HAEMONETICS CORPOATION COM 405024100 777 14090 SH SOLE 14090 0 0 D HEWITT ASSOCIATES INC COM 42822Q100 71197 1684738 SH SOLE 1519471 0 165267 D HEALTH GRADES INC COM 42218Q102 973 226840 SH SOLE 208907 0 17933 D HERBALIFE, INC. COM G4412G101 13029 321159 SH SOLE 320892 0 267 D HEWLETT PACKARD CO COM 428236103 85225 1654541 SH SOLE 1500363 0 154178 D H&R BLOCK COM 093671105 88944 3932076 SH SOLE 3591369 0 340707 D HARBIN ELECTRIC INC COM 41145W109 1037 50468 SH SOLE 46277 0 4191 D HARRIS CORPORATION COM 413875105 5527 116244 SH SOLE 109678 0 6566 D HUMANA, INC. COM 444859102 666 15172 SH SOLE 13258 0 1914 D INTERNATIONAL BUSINESS MACHI E COM 459200101 78813 602085 SH SOLE 545627 0 56458 D WORLD FUEL SERVICES COM 981475106 950 35451 SH SOLE 35451 0 0 D INTEL CORP COM 458140100 79177 3881241 SH SOLE 3539912 0 341329 D INTERNATIONAL PAPER COM 460146103 5590 208726 SH SOLE 196954 0 11772 D ILLINOIS TOOL WORKS INC COM 452308109 69214 1442265 SH SOLE 1299282 0 142983 D ISHARES RUSSELL 1000 GROWTH COM 464287614 1193 23941 SH SOLE 23941 0 0 D J2 GLOBAL COMMU COM 46626E205 1024 50337 SH SOLE 46406 0 3931 D JOHNSON & JOHNSON COM 478160104 74811 1161487 SH SOLE 1047383 0 114104 D JOY GLOBAL INC. COM 481165108 69196 1341794 SH SOLE 1188014 0 153780 D NORDSTROM, INC. COM 655664100 76223 2028295 SH SOLE 1826700 0 201595 D KINETIC CONCEPT COM 49460W208 348 9238 SH SOLE 9174 0 64 D KIMBERLY-CLARK COM 494368103 73577 1154876 SH SOLE 1040705 0 114171 D LABORATORY CORP COM 50540R409 610 8152 SH SOLE 6790 0 1362 D LHC GROUP INC COM 50187A107 1200 35703 SH SOLE 32328 0 3375 D LINCOLN EDUCATIONAL SERVICES COM 533535100 786 36268 SH SOLE 36268 0 0 D L-3 COMMUNICATN COM 502424104 284 3262 SH SOLE 3242 0 20 D ELI LILLY & CO. COM 532457108 71245 1995113 SH SOLE 1792040 0 203073 D LOCKHEED MARTIN CORPORATION COM 539830109 63680 845124 SH SOLE 757744 0 87380 D LG DISPLAY CO COM 50186V102 14458 853981 SH SOLE 853654 0 327 D MANTECH INTL CO COM 564563104 1105 22852 SH SOLE 20846 0 2006 D MCDONALDS CORP COM 580135101 78191 1252263 SH SOLE 1143207 0 109056 D MCKESSON CORP COM 58155Q103 77513 1240203 SH SOLE 1122176 0 118027 D MICROS SYSTEMS, INC. COM 594901100 1271 40969 SH SOLE 37365 0 3604 D MCGRAW-HILL, INC. COM 580645109 76159 2272720 SH SOLE 2018297 0 254423 D MIDDLEBY CORP COM 596278101 771 15730 SH SOLE 15730 0 0 D 3M COMPANY COM 88579Y101 79957 967180 SH SOLE 882532 0 84648 D MONRO MUFFLER COM 610236101 1205 36023 SH SOLE 33239 0 2784 D MICROSOFT CORP COM 594918104 84812 2782556 SH SOLE 2536278 0 246278 D NATIONAL BANK OF GREECE SA COM 633643408 9594 1841455 SH SOLE 1840704 0 751 D 99 CENTS ONLY STORE COM 65440K106 1126 86118 SH SOLE 79390 0 6728 D NOBLE CORP COM H5833N103 667 16382 SH SOLE 13884 0 2498 D NET SERVICES DE COMUNICACAO A COM 64109T201 14303 1057137 SH SOLE 1056374 0 763 D NETFLIX INC. COM 64110L106 1112 20193 SH SOLE 18628 0 1565 D NATIONAL-OILWEL COM 637071101 5659 128345 SH SOLE 128156 0 189 D NESTLE SA COM 641069406 13610 280260 SH SOLE 280216 0 44 D NIPPON T&T ADR COM 654624105 11544 584788 SH SOLE 584586 0 202 D OWENS-ILLINOIS, INC. COM 690768403 64101 1950137 SH SOLE 1754771 0 195366 D ORACLE SYSTEMS CORP COM 68389X105 78796 3212228 SH SOLE 2899926 0 312302 D OCCIDENTAL PETROLEUM COM 674599105 81105 996989 SH SOLE 905038 0 91951 D PEPSI BOTTLING COM 713409100 987 26312 SH SOLE 26312 0 0 D PETROLEO BRASIL COM 71654V408 12717 266719 SH SOLE 266584 0 135 D PRICELINE.COM COM 741503403 72239 330748 SH SOLE 298563 0 32185 D PRECISION CASTPARTS COM 740189105 399 3619 SH SOLE 3602 0 17 D PETMED EXPRESS COM 716382106 751 42515 SH SOLE 42515 0 0 D PFIZER INC COM 717081103 4003 220039 SH SOLE 203174 0 16865 D PROCTER & GAMBLE CO COM 742718109 72944 1203109 SH SOLE 1083374 0 119735 D PERRIGO COMPANY COM 714290103 848 21300 SH SOLE 21300 0 0 D PROGRESS SOFTWARE COM 743312100 1051 35980 SH SOLE 35980 0 0 D PRUDENTIAL FINANCIAL COM 744320102 5425 109016 SH SOLE 102668 0 6348 D PSS WORLD MEDICAL COM 69366A100 1082 47856 SH SOLE 43378 0 4478 D PATTERSON-UTI ENERGY, INC COM 703481101 5246 341733 SH SOLE 322536 0 19197 D PARTNER COMMUN ADR COM 70211M109 13268 651352 SH SOLE 650751 0 601 D QUALCOMM, INC COM 747525103 64207 1387953 SH SOLE 1240072 0 147881 D QUEST SOFTWARE INC COM 74834T103 1079 58663 SH SOLE 58663 0 0 D ROCHE HLDG LTD SPON ADR COM 771195104 13110 308370 SH SOLE 308325 0 45 D TRANSOCEAN LTD COM H8817H100 64468 778595 SH SOLE 695806 0 82789 D RESEARCH IN MOTION COM 760975102 12131 179613 SH SOLE 179604 0 9 D ROSS STORES, INC. COM 778296103 64360 1506916 SH SOLE 1345347 0 161569 D RIO TINTO ADR COM 767204100 13773 63944 SH SOLE 63923 0 21 D SIGNET JEWELERS COM G81276100 13793 516218 SH SOLE 515881 0 337 D SHANDA ENTERTAINMENT COM 81941Q203 12761 242554 SH SOLE 242435 0 119 D SOHU.COM INC. COM 83408W103 13426 234393 SH SOLE 232726 0 1667 D GT SOLAR INTERNATIONAL COM 3623E0209 1127 202621 SH SOLE 186429 0 16192 D STEC INC COM 784774101 1341 82063 SH SOLE 75594 0 6469 D STATOIL ASA COM 85771P102 13115 526488 SH SOLE 526404 0 84 D SXC HEALTH SOLUTIONS CORP COM 78505P100 16593 307565 SH SOLE 307367 0 198 D SYBASE INC. COM 871130100 1555 35819 SH SOLE 33714 0 2105 D SYKES ENTERPRISES, INC. COM 871237103 1232 48361 SH SOLE 43678 0 4683 D AT&T, INC. COM 00206R102 5136 183225 SH SOLE 173532 0 9693 D TECK COMINCO LTD COM 878742204 12777 365384 SH SOLE 365223 0 161 D TELEFONICA SA COM 879382208 13704 164086 SH SOLE 164011 0 75 D TELENOR ASA ADR COM 87944W105 13454 319629 SH SOLE 319551 0 78 D TIFFANY & CO COM 886547108 69975 1627332 SH SOLE 1461093 0 166239 D T J X COMPANIES, INC. COM 872540109 562 15366 SH SOLE 13048 0 2318 D TURKCELL ILETISIM HIZMET COM 900111204 13454 769240 SH SOLE 769124 0 116 D TALISMAN ENERGY INC COM 87425E103 14307 767530 SH SOLE 767219 0 311 D TELVENT GIT COM E90215109 13687 351128 SH SOLE 350890 0 238 D TNT N.V. COM 87260W101 13982 453262 SH SOLE 453183 0 79 D TOTALFINAELF SA COM 89151E109 12575 196359 SH SOLE 196269 0 90 D TEMPUR PEDIC INTL COM 88023U101 594 25127 SH SOLE 21212 0 3915 D TERRA INDUSTRIES COM 880915103 820 25480 SH SOLE 25480 0 0 D TRUE RELIGION APPAREL COM 89784N104 1045 56514 SH SOLE 52068 0 4446 D THE TRAVELERS COMPANY COM 89417E109 5283 105948 SH SOLE 100741 0 5207 D TESSERA TECHNOLOGIES INC COM 88164L100 715 30720 SH SOLE 30720 0 0 D TEXAS INSTRUMENTS, INC. COM 882508104 78543 3013932 SH SOLE 2729220 0 284712 D NET 1 UEPS TECHNOLOGIES COM 64107N206 1167 60180 SH SOLE 54061 0 6119 D UNITEDHEALTH GROUP, INC. COM 91324P102 72646 2383387 SH SOLE 2143539 0 239848 D UNITED ONLINE INC. COM 911268100 73 10192 SH SOLE 10192 0 0 D UNITED TECHNOLOGIES CORP COM 913017109 4680 67427 SH SOLE 63248 0 4179 D VISTAPRINT NV COM N93540107 1132 19977 SH SOLE 18432 0 1545 D WESTERN DIGITAL CORP. COM 958102105 96638 2188866 SH SOLE 1999696 0 189170 D WELLPOINT INC. COM 94973V107 74510 1278267 SH SOLE 1143002 0 135265 D WALTER ENERGY INC. COM 93317Q105 574 7620 SH SOLE 6429 0 1191 D WILLIAMS COS INC COM 969457100 5411 256689 SH SOLE 242603 0 14086 D WESTERN UN CO COM 959802109 67850 3599455 SH SOLE 3234694 0 364761 D WATSON WYATT WORLDWIDE INC COM 942712100 1206 25375 SH SOLE 23917 0 1458 D XILINX, INC. COM 983919101 315 12581 SH SOLE 12502 0 79 D XTO ENERGY COM 98385X106 311 6688 SH SOLE
-----END PRIVACY-ENHANCED MESSAGE-----