The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AT&T INC COM 00206R102 27,939 718,600 SH Put SOLE   0 0 0
AT&T INC COM 00206R102 41,909 1,077,900 SH Put SOLE   0 0 0
AT&T INC COM 00206R102 8,386 215,700 SH Put SOLE   0 0 0
TIME WARNER INC COM NEW 887317303 219,113 2,395,461 SH   SOLE   2,395,461 0 0
TIME WARNER INC COM NEW 887317303 45,735 500,000 SH Call SOLE   0 0 0