N-Q 1 a05-14194_1nq.htm N-Q

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED

MANAGEMENT INVESTMENT COMPANIES

Investment Company Act File Number

 

811-21614

Eaton Vance Enhanced Equity Income Fund

(Exact Name of Registrant as Specified in Charter)

The Eaton Vance Building,
255 State Street, Boston, Massachusetts

 

02109

(Address of Principal Executive Offices)

 

(Zip code)

Alan R. Dynner, Esq.

Eaton Vance Management, 255 State Street, Boston, Massachusetts 02109

(Name and Address of Agent for Services)

(Registrant’s Telephone Number, Including Area Code)

 

(617) 482-8260

Date of Fiscal Year End

 

September 30

Date of Reporting Period

 

June 30, 2005

 

 



Item 1. Schedule of Investments



Eaton Vance Enhanced Equity Income Fund                                                                                     as of June 30, 2005

PORTFOLIO OF INVESTMENTS (Unaudited)

Common Stocks — 101.4%

Security

 

Shares

 

Value

 

Advertising — 1.5%

 

 

 

 

 

Getty Images, Inc. (1)

 

86,600

 

$

6,430,916

 

Lamar Advertising Co. (1)

 

125,000

 

5,346,250

 

 

 

 

 

$

11,777,166

 

Aerospace & Defense — 5.4%

 

 

 

 

 

Alliant Techsystems, Inc. (1)

 

104,000

 

7,342,400

 

General Dynamics Corp.

 

83,800

 

9,179,452

 

L-3 Communications Holdings, Inc.

 

104,400

 

7,994,952

 

Northrop Grumman Corp.

 

167,800

 

9,270,950

 

Precision Castparts Corp.

 

101,089

 

7,874,833

 

 

 

 

 

$

41,662,587

 

Apparel — 1.7%

 

 

 

 

 

Nike, Inc., Class B

 

150,500

 

13,033,300

 

 

 

 

 

$

13,033,300

 

Auto and Parts — 1.0%

 

 

 

 

 

BorgWarner, Inc.

 

147,700

 

7,927,059

 

 

 

 

 

$

7,927,059

 

Beverages — 2.3%

 

 

 

 

 

Anheuser-Busch Cos., Inc.

 

133,600

 

6,112,200

 

PepsiCo, Inc.

 

212,500

 

11,460,125

 

 

 

 

 

$

17,572,325

 

Biotechnology — 4.2%

 

 

 

 

 

Amgen, Inc. (1)

 

123,700

 

7,478,902

 

Genzyme Corp. (1)

 

132,600

 

7,967,934

 

Gilead Sciences, Inc. (1)

 

237,700

 

10,456,423

 

Medimmune, Inc. (1)

 

252,800

 

6,754,816

 

 

 

 

 

$

32,658,075

 

Business Services — 2.2%

 

 

 

 

 

Cintas Corp.

 

180,000

 

6,948,000

 

Paychex, Inc.

 

318,300

 

10,357,482

 

 

 

 

 

$

17,305,482

 

Commercial Banks — 7.2%

 

 

 

 

 

Bank of New York Co., Inc.

 

320,000

 

9,209,600

 

Commerce Bancorp, Inc.

 

243,000

 

7,365,330

 

North Fork Bancorporation, Inc.

 

356,850

 

10,023,917

 

Sovereign Bancorporation, Inc.

 

311,600

 

6,961,144

 

SunTrust Banks, Inc.

 

159,000

 

11,486,160

 

Wells Fargo & Co.

 

175,400

 

10,801,132

 

 

 

 

 

$

55,847,283

 

 

1



 

 

 

Communications Equipment — 3.0%

 

 

 

 

 

Cisco Systems, Inc. (1)

 

371,100

 

$

7,091,721

 

Corning, Inc. (1)

 

948,100

 

15,757,422

 

 

 

 

 

$

22,849,143

 

Computer Software — 5.0%

 

 

 

 

 

Microsoft Corp.

 

369,000

 

9,165,960

 

Oracle Corp. (1)

 

527,200

 

6,959,040

 

SAP AG ADR

 

291,100

 

12,604,630

 

VERITAS Software Corp. (1)

 

394,000

 

9,613,600

 

 

 

 

 

$

38,343,230

 

Computers & Peripherals — 0.9%

 

 

 

 

 

International Business Machines Corp.

 

95,600

 

7,093,520

 

 

 

 

 

$

7,093,520

 

Diversified Telecommunication Services — 1.0%

 

 

 

 

 

Sprint Corp.

 

315,300

 

7,910,877

 

 

 

 

 

$

7,910,877

 

Electrical Equipment — 1.6%

 

 

 

 

 

Emerson Electric Co.

 

201,900

 

12,644,997

 

 

 

 

 

$

12,644,997

 

Electronic Equipment & Instruments — 2.7%

 

 

 

 

 

Flextronics International, Ltd. (1)

 

882,300

 

11,655,183

 

Jabil Circuit, Inc. (1)

 

287,100

 

8,822,583

 

 

 

 

 

$

20,477,766

 

Entertainment — 1.4%

 

 

 

 

 

Carnival Corp.

 

204,100

 

11,133,655

 

 

 

 

 

$

11,133,655

 

Financial Services — 7.8%

 

 

 

 

 

American Express Co.

 

198,800

 

10,582,124

 

Citigroup, Inc.

 

237,600

 

10,984,248

 

Countrywide Financial Corp.

 

199,000

 

7,683,390

 

E*Trade Financial Corp. (1)

 

557,800

 

7,803,622

 

Goldman Sachs Group, Inc.

 

112,100

 

11,436,442

 

T. Rowe Price Group, Inc.

 

189,000

 

11,831,400

 

 

 

 

 

$

60,321,226

 

Health Services — 2.9%

 

 

 

 

 

Caremark Rx, Inc. (1)

 

223,500

 

9,950,220

 

UnitedHealth Group, Inc.

 

232,600

 

12,127,764

 

 

 

 

 

$

22,077,984

 

Industrial Conglomerates — 1.1%

 

 

 

 

 

Tyco International, Ltd.

 

285,300

 

8,330,760

 

 

 

 

 

$

8,330,760

 

2



 

 

 

Insurance — 2.2%

 

 

 

 

 

Aflac, Inc.

 

224,000

 

$

9,694,720

 

MGIC Investment Corp.

 

108,000

 

7,043,760

 

 

 

 

 

$

16,738,480

 

IT Consulting — 1.3%

 

 

 

 

 

Accenture Ltd., Class A (1)

 

430,300

 

9,754,901

 

 

 

 

 

$

9,754,901

 

Lodging and Casinos — 1.0%

 

 

 

 

 

Harrah’s Entertainment, Inc.

 

112,000

 

8,071,840

 

 

 

 

 

$

8,071,840

 

Machinery — 2.4%

 

 

 

 

 

Caterpillar, Inc.

 

98,500

 

9,388,035

 

Deere & Co.

 

144,900

 

9,489,501

 

 

 

 

 

$

18,877,536

 

Managed Care — 0.8%

 

 

 

 

 

WellPoint, Inc. (1)

 

83,600

 

5,821,904

 

 

 

 

 

$

5,821,904

 

Media — 1.8%

 

 

 

 

 

Time Warner, Inc. (1)

 

418,500

 

6,993,135

 

Walt Disney Co.

 

273,100

 

6,876,658

 

 

 

 

 

$

13,869,793

 

Medical Products — 2.8%

 

 

 

 

 

Baxter International, Inc.

 

177,000

 

6,566,700

 

Biomet, Inc.

 

190,300

 

6,591,992

 

Charles River Laboratories International, Inc. (1)

 

171,900

 

8,294,175

 

 

 

 

 

$

21,452,867

 

Metals-Industrial — 3.4%

 

 

 

 

 

Alcoa, Inc.

 

315,200

 

8,236,176

 

Freeport-McMoran Copper & Gold, Inc., Class B

 

245,000

 

9,172,800

 

Inco, Ltd.

 

238,900

 

9,018,475

 

 

 

 

 

$

26,427,451

 

Mining — 0.7%

 

 

 

 

 

Newmont Mining Corp.

 

142,100

 

5,546,163

 

 

 

 

 

$

5,546,163

 

Oil and Gas — 3.8%

 

 

 

 

 

BP PLC ADR

 

175,900

 

10,972,642

 

ConocoPhillips

 

157,200

 

9,037,428

 

GlobalSantaFe Corp.

 

29,800

 

1,215,840

 

Nabors Industries, Ltd. (1)

 

133,000

 

8,062,460

 

 

 

 

 

$

29,288,370

 

 

3



 

 

 

Oil and Gas-Equipment and Services — 1.2%

 

 

 

 

 

Williams Co., Inc.

 

472,200

 

$

8,971,800

 

 

 

 

 

$

8,971,800

 

Oil and Gas-Exploration and Production — 5.0%

 

 

 

 

 

Chesapeake Energy Corp.

 

411,000

 

9,370,800

 

Denbury Resources, Inc. (1)

 

246,000

 

9,783,420

 

Halliburton Co.

 

215,000

 

10,281,300

 

Noble Corp.

 

143,000

 

8,795,930

 

 

 

 

 

$

38,231,450

 

Personal Products — 2.6%

 

 

 

 

 

Colgate-Palmolive Co.

 

139,000

 

6,937,490

 

Gillette Co.

 

260,700

 

13,199,241

 

 

 

 

 

$

20,136,731

 

Pharmaceuticals — 5.3%

 

 

 

 

 

Allergan, Inc.

 

71,600

 

6,103,184

 

IVAX Corp. (1)

 

518,000

 

11,137,000

 

Watson Pharmaceuticals, Inc. (1)

 

325,700

 

9,627,692

 

Wyeth Corp.

 

321,300

 

14,297,850

 

 

 

 

 

$

41,165,726

 

Retail-Food and Drug — 4.3%

 

 

 

 

 

CVS Corp.

 

328,000

 

9,534,960

 

Safeway, Inc.

 

423,000

 

9,555,570

 

Walgreen Co.

 

315,000

 

14,486,850

 

 

 

 

 

$

33,577,380

 

Retail-General — 3.3%

 

 

 

 

 

BJ’s Wholesale Club, Inc. (1)

 

235,000

 

7,635,150

 

Dollar General Corp.

 

500,000

 

10,180,000

 

Target Corp.

 

140,200

 

7,628,282

 

 

 

 

 

$

25,443,432

 

Retail-Specialty and Apparel — 2.7%

 

 

 

 

 

Bed Bath and Beyond, Inc. (1)

 

257,500

 

10,758,350

 

Polo Ralph Lauren Corp.

 

233,200

 

10,053,252

 

 

 

 

 

$

20,811,602

 

Semiconductors & Semiconductor Equipment — 3.9%

 

 

 

 

 

Altera Corp. (1)

 

240,000

 

4,756,800

 

Broadcom Corp., Class A (1)

 

258,400

 

9,175,784

 

Intel Corp.

 

248,500

 

6,475,910

 

Linear Technology Corp.

 

136,100

 

4,993,509

 

Maxim Integrated Products, Inc.

 

115,500

 

4,413,255

 

 

 

 

 

$

29,815,258

 

Total Common Stocks
(identified cost $735,416,255)

 

 

 

$

782,969,119

 

 

4



 

 

Short-Term Investments — 2.6%

 

 

Principal

 

 

 

 

 

Amount

 

 

 

Security

 

(000’s omitted)

 

Value

 

General Electric Capital Corp., Commercial Paper, 3.38%, 7/1/05

 

$

16,007

 

$

16,007,000

 

Investors Bank and Trust Company, Time Deposit, 3.40%, 7/1/05

 

3,912

 

3,912,000

 

Total Short-Term Investments
(at amortized cost, $19,919,000)

 

 

 

$

19,919,000

 

Total Investments — 104.0%
(identified cost $755,335,255)

 

 

 

$

802,888,119

 

 

Call Options Written — (4.6%)

 

 

Number of

 

Premium

 

 

 

Type of Contract

 

Contracts

 

Received

 

Value

 

Accenture Ltd., Class A, Expires 8/20/05, Strike 22.50

 

960

 

$

143,434

 

$

(100,800

)

Aflac Inc., Expires 08/20/05, Strike 40.00

 

1,100

 

141,598

 

(385,000

)

Alcoa, Inc., Expires 10/22/05, Strike 27.50

 

1,280

 

207,257

 

(108,800

)

Allergan Inc., Expires 7/16/05, Strike 75.00

 

716

 

495,814

 

(737,480

)

Alliant Techsystems Inc., Expires 8/20/05 Strike 70.00

 

600

 

225,185

 

(156,000

)

Altera Corp., Expires 9/17/05, Strike 20.00

 

1,580

 

233,066

 

(197,500

)

American Express, Expires 10/22/05, Strike 55.00

 

875

 

143,858

 

(135,625

)

Amgen, Inc., Expires 7/16/05, Strike 60.00

 

1,237

 

701,974

 

(129,885

)

Anheuser-Busch Co., Expires 12/17/2005, Strike 50.00

 

550

 

62,926

 

(24,750

)

Bank of New York Co., Inc (The), Expires 10/22/05, Strike 27.50

 

740

 

105,014

 

(148,000

)

Baxter International, Inc., Expires 08/20/05, Strike 35.00

 

1,770

 

305,315

 

(460,200

)

Bed Bath and Beyond, Inc., Expires 8/20/05, Strike 37.50

 

980

 

212,570

 

(509,600

)

Biomet, Inc., Expires 10/22/05, Strike 37.50

 

685

 

136,184

 

(61,650

)

BJ’s Wholesale Club, Expires 9/17/2005, Strike 30.00

 

1,200

 

273,974

 

(408,000

)

Borgwarner, Inc., Expires 7/16/05, Strike 50.00

 

1,250

 

646,854

 

(450,000

)

BP PLC ADR, Expires 7/16/05, Strike 60.00

 

1,759

 

328,790

 

(483,725

)

Broadcom Corp., Expires 8/20/05, Strike 30.00

 

1,515

 

510,407

 

(893,850

)

Caremark Rx, Inc., Expires 9/17/05, Strike 45.00

 

1,245

 

224,323

 

(224,100

)

Carnival Corp., Expires 10/22/05, Strike 55.00

 

2,041

 

646,829

 

(571,480

)

Caterpillar, Inc., Expires 8/20/05, Strike 90.00

 

705

 

350,313

 

(493,500

)

Charles River Laboratories International, Inc., Expires 8/20/05, Strike 45.00

 

970

 

365,595

 

(378,300

)

Chesapeake Energy Corp., Expires 10/22/05, Strike 25.00

 

2,055

 

209,457

 

(205,500

)

5



 

 

 

Cintas Corp., Expires 8/20/05, Strike 40.00

 

830

 

$

189,640

 

$

(58,100

)

Cisco Systems, Inc., Expires 10/22/05, Strike 17.50

 

780

 

192,587

 

(163,800

)

Citigroup, Inc., Expires 12/17/05, Strike 47.5

 

1,520

 

284,116

 

(182,400

)

Colgate-Palmolive Co., Expires 8/20/05, Strike 50.00

 

1,390

 

371,813

 

(208,500

)

Commerce Bancorp, Inc., Expires 9/17/05, Strike 30.00

 

1,175

 

212,850

 

(205,625

)

ConocoPhillips, Expires 8/20/05, Strike 50.00

 

860

 

196,463

 

(756,800

)

Corning, Inc., Expires 11/19/05, Strike 12.50

 

5,000

 

935,024

 

(2,400,000

)

Countrywide Financial, Expires 7/16/05, Strike 35.00

 

1,100

 

156,112

 

(429,000

)

CVS Corp., Expires 8/20/05, Strike 27.50

 

1,750

 

176,670

 

(385,000

)

Deere & Co., Expires 9/17/05, Strike 70.00

 

1,449

 

546,146

 

(152,145

)

Denbury Resources, Inc., Expires 9/17/05, Strike 35.00

 

2,460

 

337,494

 

(1,353,000

)

Dollar General Corp., Expires 8/20/05, Strike 20.00

 

1,800

 

268,956

 

(144,000

)

E*Trade Financial Corp., Expires 7/16/05, Strike 12.00

 

2,460

 

182,034

 

(504,300

)

Emerson Electric Co., Expires 9/17/05, Strike 65.00

 

1,100

 

169,862

 

(121,000

)

Flextronics International, Ltd., Expires 10/22/05, Strike 12.50

 

4,545

 

497,452

 

(659,025

)

Freeport-McMoRan Copper & Gold, Inc., Expires 11/19/05, Strike 40.00

 

1,495

 

266,213

 

(269,100

)

General Dynamics Corp., Expires 8/20/05, Strike 105.00

 

555

 

270,229

 

(355,200

)

Genzyme Corp., Expires 7/16/05, Strike 60.00

 

1,326

 

646,404

 

(238,680

)

Getty Images, Inc., Expires 7/16/05, Strike 65.00

 

866

 

569,376

 

(788,060

)

Gilead Sciences, Inc., Expires 11/19/05, Strike 40.00

 

2,377

 

895,945

 

(1,521,280

)

Gillette Co. (The), Expires 9/17/05, Strike 50.00

 

2,607

 

686,879

 

(677,820

)

GlobalSantaFe Corp., Expires 7/16/05, Strike 35.00

 

298

 

92,440

 

(178,800

)

Goldman Sachs Group, Inc., Expires 7/16/05, Strike 105.00

 

365

 

181,364

 

(14,600

)

Halliburton Co., Expires 10/22/05, Strike 47.50

 

2,150

 

778,125

 

(752,500

)

Harrah’s Entertainment Inc., Expires 8/20/05, Strike 65.00

 

460

 

163,669

 

(349,600

)

Inco, Ltd., Expires 7/16/05, Strike 40.00

 

2,389

 

392,823

 

(47,780

)

Intel Corp., Expires 1/21/06, Strike 27.50

 

2,485

 

508,008

 

(310,625

)

International Business Machine Corp., Expires 10/22/05, Strike 80.00

 

215

 

62,762

 

(30,100

)

Ivax Corp., Expires 9/17/05, Strike 17.50

 

2,350

 

483,180

 

(987,000

)

Jabil Circuit, Inc., Expires 9/17/05, Strike 27.50

 

2,871

 

493,629

 

(1,062,270

)

6



 

 

 

L-3 Communications Holdings, Inc., Expires 7/16/05, Strike 70.00

 

1,044

 

$

488,065

 

$

(707,832

)

Lamar Advertising Co., Expires 7/16/05, Strike 40.00

 

600

 

94,446

 

(186,000

)

Linear Technology Corp., Expires 8/20/05, Strike 37.50

 

545

 

84,153

 

(49,050

)

Maxim Integrated Products, Inc., Expires 8/20/05, Strike 40.00

 

340

 

56,746

 

(25,500

)

Medimmune, Inc., Expires 9/17/05, Strike 27.50

 

1,740

 

173,063

 

(200,100

)

MGIC Investment Corp., Expires 9/17/05, Strike 60.00

 

380

 

103,320

 

(231,800

)

Microsoft Corp., Expires 7/16/05, Strike 25.00

 

1,100

 

89,014

 

(16,500

)

Nabor Industries, Ltd., Expires 9/17/05, Strike 60.00

 

905

 

389,205

 

(352,950

)

Newmont Mining Corp., Expires 9/17/05, Strike 37.50

 

350

 

114,413

 

(103,250

)

Nike, Inc., Class B, Expires 7/16/05, Strike 85.00

 

1,505

 

342,143

 

(383,775

)

Noble Corp., Expires 9/17/05, Strike 50.00

 

585

 

291,288

 

(707,850

)

North Fork Bancorporation, Inc., Expires 11/19/05, Strike 27.50

 

1,170

 

180,671

 

(251,550

)

Northrop Grumman Corp., Expires 8/20/05, Strike 55.00

 

1,678

 

280,091

 

(243,310

)

Oracle Corp., Expires 09/17/05, Strike 13.00

 

720

 

77,397

 

(50,400

)

Paychex, Inc., Expires 9/17/05, Strike 30.00

 

1,415

 

204,355

 

(424,500

)

PepsiCo, Inc., Expires 7/16/05, Strike 55.00

 

2,125

 

355,926

 

(63,750

)

Polo Ralph Lauren Corp., Expires 7/16/05, Strike 40.00

 

2,332

 

659,771

 

(722,920

)

Precision Castparts Corp., Expires 9/17/05, Strike 75.00

 

675

 

269,056

 

(324,000

)

Safeway, Inc., Expires 9/17/05, Strike 20.00

 

1,450

 

256,388

 

(420,500

)

SAP AG ADR, Expires 9/17/05, Strike 42.50

 

2,035

 

278,640

 

(498,575

)

Sovereign Bancorporation, Inc., Expires 10/22/05, Strike 20.00

 

570

 

112,238

 

(151,050

)

Sprint Corp., Expires 8/20/05, Strike 22.50

 

1,780

 

190,320

 

(480,600

)

SunTrust Banks, Inc., Expires 10/22/05, Strike 75.00

 

1,590

 

257,452

 

(254,400

)

T. Rowe Price Group Inc., Expires 10/22/05, Strike 60.00

 

1,065

 

326,101

 

(457,950

)

Target Corp., Expires 7/16/05, Strike 50.00

 

775

 

168,104

 

(356,500

)

Time Warner, Inc., Expires 10/22/05, Strike 17.00

 

2,180

 

198,224

 

(163,500

)

Tyco International Ltd., Expires 10/22/05, Strike 30.00

 

1,125

 

182,698

 

(142,875

)

UnitedHealth Group, Expires 9/17/05,
Strike 50.00

 

2,326

 

783,683

 

(883,880

)

VERITAS Software Corp., Expires 8/20/05, Strike 20.00

 

2,770

 

408,411

 

(1,246,500

)

7



 

 

 

Walgreen Co., Expires 7/16/05, Strike 42.50

 

1,415

 

$

214,967

 

$

(495,250

)

Walt Disney Co., Expires 10/22/05, Strike 25.00

 

1,490

 

367,906

 

(199,660

)

Watson Pharmaceuticals, Inc., Expires 8/20/05, Strike 30.00

 

3,257

 

413,435

 

(325,700

)

WellPoint, Inc., Expires 9/17/05, Strike 70.00

 

836

 

244,033

 

(284,240

)

Wells Fargo & Co., Expires 10/22/05, Strike 60.00

 

730

 

132,793

 

(211,700

)

Williams Co., Inc. (The), Expires 8/20/05,
Strike 17.50

 

2,825

 

358,597

 

(536,750

)

Wyeth Corp., Expires 10/22/05, Strike 45.00

 

3,212

 

439,853

 

(546,040

)

Total Call Options Written
(premiums received $27,465,968)

 

 

 

 

 

$

(35,270,562

)

Other Assets, Less Liabilities — 0.6%

 

 

 

 

 

$

4,760,802

 

Net Assets — 100.0%

 

 

 

 

 

$

772,378,359

 

 

ADR

—

American Depository Receipt

(1)

 

Non-income producing security.

 

The cost and unrealized appreciation (depreciation) in value of the investments owned at June 30, 2005 as computed on a federal income tax basis, were as follows:

Aggregate cost

 

$

755,335,255

 

Gross unrealized appreciation

 

$

61,571,795

 

Gross unrealized depreciation

 

(14,018,931

)

Net unrealized appreciation

 

$

47,552,864

 

 

8



Item 2. Controls and Procedures

(a) It is the conclusion of the registrant’s principal executive officer and principal financial officer that the effectiveness of the registrant’s current disclosure controls and procedures (such disclosure controls and procedures having been evaluated within 90 days of the date of this filing) provide reasonable assurance that the information required to be disclosed by the registrant on this Form N-Q has been recorded, processed, summarized and reported within the time period specified in the Commission’s rules and forms and that the information required to be disclosed by the registrant on this Form N-Q has been accumulated and communicated to the registrant’s principal executive officer and principal financial officer in order to allow timely decisions regarding required disclosure.

(b) There have been no changes in the registrant’s internal controls over financial reporting during the fiscal quarter for which the report is being filed that have materially affected, or are reasonably likely to materially affect the registrant’s internal control over financial reporting.



Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Eaton Vance Enhanced Equity Income Fund

By:

 

/s/ Duncan W. Richardson

 

 

Duncan W. Richardson

 

 

President and Principal Executive Officer

Date:

 

August 29, 2005

 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By:

 

/s/ Duncan W. Richardson

 

 

Duncan W. Richardson

 

 

President and Principal Executive Officer

Date:

 

August 29, 2005

By:

 

/s/ James L. O’Connor

 

 

James L. O’Connor

 

 

Treasurer and Principal Financial Officer

Date:

 

August 29, 2005