-----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,
 AkU0gSEe8Ugz+afUzcAc/Q1a6E5qXugevXXL+7xeiCoVwSdmCGuvZ55Zu4QvgEkB
 ijl2VuJB7Vw5BBnLg3RzhA==

<SEC-DOCUMENT>0000000000-09-002324.txt : 20090323
<SEC-HEADER>0000000000-09-002324.hdr.sgml : 20090323
<ACCEPTANCE-DATETIME>20090115082403
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0000000000-09-002324
CONFORMED SUBMISSION TYPE:	UPLOAD
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20090115

FILED FOR:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FINANCIAL SECURITY ASSURANCE HOLDINGS LTD
		CENTRAL INDEX KEY:			0000913357
		STANDARD INDUSTRIAL CLASSIFICATION:	INSURANCE CARRIERS, NEC [6399]
		IRS NUMBER:				133261323
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		UPLOAD

	BUSINESS ADDRESS:	
		STREET 1:		C/O CHIEF COMPLIANCE OFFICER
		STREET 2:		31 WEST 52ND STREET
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019
		BUSINESS PHONE:		2128260100

	MAIL ADDRESS:	
		STREET 1:		31 WEST 52ND STREET
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FINANCIAL SECURITY ASSURANCE HOLDINGS LTD/NY/
		DATE OF NAME CHANGE:	19931014
PUBLIC REFERENCE ACCESSION NUMBER:		0001047469-08-003108
</SEC-HEADER>
<DOCUMENT>
<TYPE>LETTER
<SEQUENCE>1
<FILENAME>filename1.pdf
<TEXT>
<PDF>
begin 644 filename1.pdf
M)5!$1BTQ+C0-)>+CS],-"C$R(#`@;V)J(#P\+TQI;F5A<FEZ960@,2],(#$S
M-3,U+T\@,30O12`T-SDY+TX@,R]4(#$S,C0X+T@@6R`U-38@,3@X73X^#65N
M9&]B:@T@("`@("`@("`@("`@("`@("`@#0IX<F5F#0HQ,B`Q,PT*,#`P,#`P
M,#`Q-B`P,#`P,"!N#0HP,#`P,#`P-S0T(#`P,#`P(&X-"C`P,#`P,#`X,C(@
M,#`P,#`@;@T*,#`P,#`P,#DU,"`P,#`P,"!N#0HP,#`P,#`Q,#4V(#`P,#`P
M(&X-"C`P,#`P,#$U-S<@,#`P,#`@;@T*,#`P,#`P,3@Q.2`P,#`P,"!N#0HP
M,#`P,#`Q.#DU(#`P,#`P(&X-"C`P,#`P,#,W-38@,#`P,#`@;@T*,#`P,#`P
M-#$X,B`P,#`P,"!N#0HP,#`P,#`T,S,P(#`P,#`P(&X-"C`P,#`P,#0U-3$@
M,#`P,#`@;@T*,#`P,#`P,#4U-B`P,#`P,"!N#0IT<F%I;&5R#0H\/"]3:7IE
M(#(U+U!R978@,3,R,S<O4F]O="`Q,R`P(%(O26YF;R`Q,2`P(%(O241;/#8V
M14(V,3,S-T(P.39$0T8Y.4,V13,S,C(R03@R1D8Y/CPW1C8S-C$U-C)&1#4V
M.30R0C4Y,$4U149$13,W,#1!0SY=/CX-"G-T87)T>')E9@T*,`T*)25%3T8-
M"B`@("`@("`@("`@("`-"C(T(#`@;V)J/#PO3&5N9W1H(#$P,B]&:6QT97(O
M1FQA=&5$96-O9&4O22`Q,C(O3"`Q,#8O4R`V-CX^<W1R96%M#0IXVF)@8&!F
M8&"J`I'L:@P\#`C``Q1C`4*.!PQMQDP,#-<:@()&[<XJ[0R,+B`%@F!A),`%
MQ0P,/@S<;`T5][H2&/=Y??`04MH`%F5G8%`.!-(@719`S`TTCQ%(@_`/@``#
M`)"R#L8-"F5N9'-T<F5A;0UE;F1O8FH-,3,@,"!O8FH\/"]-971A9&%T82`Q
M,"`P(%(O4&%G97,@.2`P(%(O5'EP92]#871A;&]G+U!A9V5,86)E;',@-R`P
M(%(^/@UE;F1O8FH-,30@,"!O8FH\/"]#<F]P0F]X6S`@,"`V,3(@-SDR72]0
M87)E;G0@.2`P(%(O0V]N=&5N=',@,3D@,"!2+U)O=&%T92`P+TUE9&EA0F]X
M6S`@,"`V,3(@-SDR72]297-O=7)C97,@,34@,"!2+U1Y<&4O4&%G93X^#65N
M9&]B:@TQ-2`P(&]B:CP\+T9O;G0\/"]45#(@,38@,"!2+U14-"`R,"`P(%(O
M5%0V(#(Q(#`@4CX^+U!R;V-3971;+U!$1B]497AT72]%>'1'4W1A=&4\/"]'
M4S$@,3@@,"!2/CX^/@UE;F1O8FH-,38@,"!O8FH\/"]3=6)T>7!E+U1R=654
M>7!E+T9O;G1$97-C<FEP=&]R(#$W(#`@4B],87-T0VAA<B`Q-#8O5VED=&AS
M6S(U,"`P(#`@,"`P(#`@,"`P(#,S,R`S,S,@-3`P(#`@,C4P(#,S,R`R-3`@
M,C<X(#4P,"`U,#`@-3`P(#4P,"`U,#`@-3`P(#4P,"`U,#`@-3`P(#4P,"`R
M-S@@,"`P(#`@,"`P(#`@-S(R(#8V-R`V-C<@-S(R(#8Q,2`U-38@-S(R(#<R
M,B`S,S,@,S@Y(#`@-C$Q(#@X.2`W,C(@-S(R(#4U-B`P(#8V-R`U-38@-C$Q
M(#<R,B`W,C(@.30T(#`@-S(R(#`@,"`P(#`@,"`P(#`@-#0T(#4P,"`T-#0@
M-3`P(#0T-"`S,S,@-3`P(#4P,"`R-S@@,C<X(#4P,"`R-S@@-S<X(#4P,"`U
M,#`@-3`P(#4P,"`S,S,@,S@Y(#(W."`U,#`@-3`P(#<R,B`U,#`@-3`P(#0T
M-"`P(#`@,"`P(#`@,"`P(#`@,"`P(#`@,"`P(#`@,"`P(#`@,"`P(#`@,"`P
M(#`@,S,S72]"87-E1F]N="]4:6UE<TYE=U)O;6%N4%--5"]&:7)S=$-H87(@
M,S(O16YC;V1I;F<O5VEN06YS:45N8V]D:6YG+U1Y<&4O1F]N=#X^#65N9&]B
M:@TQ-R`P(&]B:CP\+U-T96U6(#@R+T9O;G1.86UE+U1I;65S3F5W4F]M86Y0
M4TU4+T9O;G13=')E=&-H+TYO<FUA;"]&;VYT5V5I9VAT(#0P,"]&;&%G<R`S
M-"]$97-C96YT("TR,38O1F]N=$)";WA;+34V."`M,S`W(#(P,#`@,3`P-UTO
M07-C96YT(#@Y,2]&;VYT1F%M:6QY*%1I;65S($YE=R!2;VUA;BDO0V%P2&5I
M9VAT(#8U-B]82&5I9VAT("TU-#8O5'EP92]&;VYT1&5S8W)I<'1O<B])=&%L
M:6-!;F=L92`P/CX-96YD;V)J#3$X(#`@;V)J/#PO3U!-(#$O3U`@9F%L<V4O
M;W`@9F%L<V4O5'EP92]%>'1'4W1A=&4O4T$@9F%L<V4O4TT@,"XP,CX^#65N
M9&]B:@TQ.2`P(&]B:CP\+TQE;F=T:"`Q-SDQ+T9I;'1E<B]&;&%T941E8V]D
M93X^<W1R96%M#0I(B<17RW+;-A3=ZRONDNQ(",&7J.Y2NVF;:=*'U'8ZGBX@
M$K)0TX3"1U3U,_K%/0!(DY+EI+O*8Y*"R(MSSSWWP5??K#G=-[.O-K-7FTU(
MG#:[&0\IP!].JX"6P8HEM'F<!72/_TUN#L>91_[F3UPN.`M6M+D]7TB>K5R_
M)6!!$"R-T<5P>9S=>;\J06]$WJA'/V.)ITI)HBKH%[9F]$ZHDOP_-F^GEB>X
M[._K5A\H#7CP>5!VW\@\'[)EO.H1D,]YF)A3ML3)?=Z*JA/UB?QPF00>C^?V
M*O'"`*:FD)(+3/^1B&0D(G$PWNI&'O;TF[]BD<?\`&30VK(2>;KJ83TCPQC(
MGFR%L;-ULU=RYT<L\^B-JD25*U'2#V[%'94/&[&7RYJNN&.L\A$AMYZ-EM8R
M[VK5GNAUTW0U%B5]J\M"5?<-?=\6+]-NKGCD,$;<^LH]Z6.7E=>TE(2(_+JM
MI6R?@W)00F/&>R^/]+NN'^8T7!&'Y=6SG2_B`MW'3O?V)AZ,[L:CNSV)/\LO
M#>.+"*J8^.ZG+/4F!/@QOG<^Q_$:%=<"-J$V'32X",/$Q/R-KA_AS.(GVNF:
MVKVDGR#$5M;EB7Z4M=(%?5T5$CR!MQ3T'5KYN$48HV!.H1'#IY@;KB9[PK<2
MYM[KC\X.7UZQ<T[F^;/TOC,/@BQXMN!A&L?VT4F1B1CL!6,Z+-R*,9U=3]7%
M2-1$@K=2U/2N9B8Q=/7E>4A3EB&>P0MQ[Z$LW%V712*ZB%#\M'$O!K)B#9U8
MD59[\5%2+3\J>01Y)]W5="MS:=(U]`R-E@(.;80#IO.TYWT4.._IKF5S\!,H
M0%>-I%:3L6FBXB\2MO1<(=C:NF"B%$ZCM.!+N]%%"H>CSNQN7BE;*,D66.N`
MD==.EZ4^0K"4Z\='6;4-(_JNLK08LZLIIQ/1>@;?\,B<CJC;S8-APF`_U/JC
M*B1U#1U5N^^#[JR=,WV)\<Y3%90/=SW1*A0^6-LZV!UT7S>M06\)+U23.YH1
MU'3"\B2_,N>W1IV2\.NWO:P!=,`-TC]TLFF;`;?#:<V]6+!Y7[!-]!$I@\+9
MGUL^!_B(EG/`F![X<'"S"U:=4IN][LJ"<#I:WO:BM0;=/L5DHQYF=H7.U=@+
M',JC*DLJM7Z@4CU`7RO/\/!C*06PJ\*M5*W:G>QFHK(K:'XEH?Y\Z(2#C$*=
M3H7\/&Q]C=JI$EJ:0PPD#H=2Y6);RCF,AAZH@5<JWX,2N]`-ZG76SY/?)0C4
MT$H$'+'9*00?-O*R`Y.JA1M6HP'C40_M:J7SOMO9&!2:*MU"3*625ONBM=Q:
M(YQE67)50GSIHG,>`=50A7QO&@P)<Q>/,&38\$(VZ6C'98W\ZU`*$.$B*QH(
M1%5.SZ@``Q8^@6)KT9UW,'4!/K_>F5QPI<='1GDF=<^$%_;"ZT57V.3L?S#%
M)/-.`_%VJY<4-'3J6AB=BZ)0,.OD`768%(+-I5%/8TK**_=;;28+[IG4LM\[
MWW1W)!E`V@70#G?M)8G!1.'4MT6]ZR74,'?+M?GD,VT]OM;6>>RFF&?]]<-3
M?SU8^D.&R3!XN0FY)BS[)OR\_9[W&V?.HGIQ4N3)^9BT&"YQ5\0P'JN:?A5E
M)^D=%`/YF=HUIX.XEY09*U]O9AC?PV3%5AGQ=&6$&+#40J[E;&=F_G'2-_?A
MAC#E;&6=>GP&:X'.95KS$SBWO/EBYG'6>YCVE+-E,NWMH^\A.^M]HVN<.V'U
M5:B6.Q"(#!^RX#"T0&@,^N">.TI7BM`-TVE\^@Z-:HX4&W+)!>:I&S]%QW5`
M-NC?VCJ/0'BIF(U$!45!M@)]U!TVTCLJQ(ET)>D>R=RX8F+5D[+HLE\ZV=B&
MNY6R@H>YOJ_4WZ:B8(SLTQ<396U:TM""HL\HX\X[F6E(_F7JX6"DQ0C:*)O]
MHOBS:]J!.3MB5^W@^-3X1>@1X^OS_TTM40$PYNQ$5[:T/HH#W>@*6^9F`+!J
MY/$H1[Y<,@XYKC@+,?VQ9(7/-3EF]@:^1!=X48XH!?$U-8;_HQI[3H<1)(FO
MCR".O<:JQ<PN[5$S>MK,SA!VJR'PR<31:0>:=!\#IA2U:]KFN>RI9DW>DOKY
MP8Y-Y<E(I''O+:IO-)AD/P$90R]T;J4)QY?P]>`O8E/`J],_#=W<KL?VO5Q>
M$]2=EP_Z(`'8!RC(FL+[)]ZG6I3<7-<'78MV&(T2%D?)9?,[RW.]+=6]P%M7
MY!F=VS81>P.A(RWPOH%$FS'5C>7SG!J[LVE[QOI6Y`_(R^V)S&B4>MJX'-N0
MQR[D*=Y454X_OP.$S/MJ;6/Z&F>0=7/[@_.TQ&1@,%2DK9G*-P^"`5GGLK)+
M;?_3SH]PM#Q;I"_F7ZM;M%U#>R5;I%N--X36CL,(+7/R^41>(RG_%6``9!^;
M]`H-"F5N9'-T<F5A;0UE;F1O8FH-,C`@,"!O8FH\/"]3=6)T>7!E+U1R=654
M>7!E+T9O;G1$97-C<FEP=&]R(#(S(#`@4B],87-T0VAA<B`Q,C$O5VED=&AS
M6S(U,"`P(#`@,"`P(#`@,"`P(#`@,"`P(#`@,C4P(#,S,R`P(#`@-3`P(#4P
M,"`U,#`@-3`P(#4P,"`P(#4P,"`U,#`@-3`P(#`@,S,S(#`@,"`P(#`@,"`P
M(#<R,B`P(#`@,"`V-C<@-C$Q(#`@-S<X(#`@,"`P(#8V-R`P(#<R,B`P(#8Q
M,2`W-S@@-S(R(#4U-B`P(#`@,"`P(#`@,"`P(#`@,"`P(#`@,"`P(#4P,"`U
M-38@-#0T(#4U-B`T-#0@,S,S(#4P,"`U-38@,C<X(#`@,"`R-S@@.#,S(#4U
M-B`U,#`@-34V(#4U-B`T-#0@,S@Y(#,S,R`U-38@-3`P(#`@,"`U,#!=+T)A
M<V5&;VYT+U1I;65S3F5W4F]M86Y04RU";VQD350O1FER<W1#:&%R(#,R+T5N
M8V]D:6YG+U=I;D%N<VE%;F-O9&EN9R]4>7!E+T9O;G0^/@UE;F1O8FH-,C$@
M,"!O8FH\/"]3=6)T>7!E+U1R=654>7!E+T9O;G1$97-C<FEP=&]R(#(R(#`@
M4B],87-T0VAA<B`S,B]7:61T:'-;,C<X72]"87-E1F]N="]!<FEA;$U4+T9I
M<G-T0VAA<B`S,B]%;F-O9&EN9R]7:6Y!;G-I16YC;V1I;F<O5'EP92]&;VYT
M/CX-96YD;V)J#3(R(#`@;V)J/#PO4W1E;58@.#@O1F]N=$YA;64O07)I86Q-
M5"]&;VYT4W1R971C:"].;W)M86PO1F]N=%=E:6=H="`T,#`O1FQA9W,@,S(O
M1&5S8V5N="`M,C$Q+T9O;G1"0F]X6RTV-C4@+3,R-2`R,#`P(#$P,#9=+T%S
M8V5N="`Y,#4O1F]N=$9A;6EL>2A!<FEA;"DO0V%P2&5I9VAT(#<Q."]82&5I
M9VAT(#4Q-2]4>7!E+T9O;G1$97-C<FEP=&]R+TET86QI8T%N9VQE(#`^/@UE
M;F1O8FH-,C,@,"!O8FH\/"]3=&5M5B`Q,S8O1F]N=$YA;64O5&EM97-.97=2
M;VUA;E!3+4)O;&1-5"]&;VYT4W1R971C:"].;W)M86PO1F]N=%=E:6=H="`W
M,#`O1FQA9W,@,S0O1&5S8V5N="`M,C$V+T9O;G1"0F]X6RTU-3@@+3,P-R`R
M,#`P(#$P,C9=+T%S8V5N="`X.3$O1F]N=$9A;6EL>2A4:6UE<R!.97<@4F]M
M86XI+T-A<$AE:6=H="`V-38O6$AE:6=H="`M-30V+U1Y<&4O1F]N=$1E<V-R
M:7!T;W(O271A;&EC06YG;&4@,#X^#65N9&]B:@TQ(#`@;V)J/#PO0W)O<$)O
M>%LP(#`@-C$R(#<Y,ETO4&%R96YT(#D@,"!2+T-O;G1E;G1S(#,@,"!2+U)O
M=&%T92`P+TUE9&EA0F]X6S`@,"`V,3(@-SDR72]297-O=7)C97,@,B`P(%(O
M5'EP92]086=E/CX-96YD;V)J#3(@,"!O8FH\/"]&;VYT/#PO5%0R(#$V(#`@
M4B]45#8@,C$@,"!2/CXO4')O8U-E=%LO4$1&+U1E>'1=+T5X=$=3=&%T93P\
M+T=3,2`Q."`P(%(^/CX^#65N9&]B:@TS(#`@;V)J/#PO3&5N9W1H(#(S,3(O
M1FEL=&5R+T9L871E1&5C;V1E/CYS=')E86T-"DB)K%?;<N.X$7W75^"12EE<
MWB7F;6Y.=FI2.Q6KD@=/'F`2DI"E22Y`V=;?YS0`7D19GIVIU$Q9$@DVNQOG
MG#[XY6]W(=OKQ?OMXI?M-F(AV^X68<0"_,-''K!UDOAYQK:/BX#M%X$?!,&:
M;8O%JO_ZO+CW/C=:M`?V[V7NIYZ_#/RUQ^[DXW*#GTW-EO_9?L;CJ]`/4[;]
M:*.$8Y20HGBWLN9U(7G%[D1Q5+([L7=:'Q4N"O;WIBIEO=?L2U>RY?:_B^U?
M;)AX"!-M3)C/O#YR=6)A<L.B(,C/5D?C2R.S^BO?"Q8-:^AV8&[TE[S8IV_H
M3F:[@^)2=`=EV#5CWR(_<G=FF86V2U\KP;5@2NR$8EW#3LU1X9=NFQJ7<:%H
MJ&6A9_^*)1[.O;IC.]/`<.V;G>GC)R9/Q/`9&T(_27R8P*741=6@?R8T9;JR
M$:YM0QB;@$7%E=R=6'?@'?X()NM2O+!626P#A0D#?^/2&-ME5DO-CEJ4C&O&
MF9;[6NXD/9'[P>8\\7X3;`T%1Y&R;H_TUV;_Q*LC[R2!QV2>^YO-+/,1AJ&#
MX6-3B@HABNJX3('!TB!14#86BYQ:FGKJ=]&AV4J)RKYCQXNN01]-GU?QY$67
M@)COK0,OEXK]"TD+UNS8AX]W[$-3=PIQ-=7T?)"%Z5WB;^))\VP7-C;]@VGW
M!X!@[6^\=AE0OID?>?4)E*@JS;ZJIA,%I7S#6D)NF)J4/VT7H&H6;OQ-PN)U
M[*<90Z%YGF^`B<6.^#VR.LG,@BQ"=QRSAP)7,4J/9YW.9ABY]SZ*3BCJ:>*!
MM::'5/81+<56?GJ1G6O&5R7<LJ/]O,&>9!ZR7ZY2?+FH(4A]H"+*UGZ4O%%#
MG)H%69`-ZG2^4ZL(=%R/A8R$3GZ6T"-NP^B'&!UY]J]A](88;0F=^>O<QE_U
MJ$+Z6K[X?Y;0)L)50J<VRS-&[XRVR.4JPL<30@NN-#&7L*<[7I=<E:RP":9F
M$UY#J^?0S0@'#$_9Z'\<`=#2BH5FNT:Y/$V@:_3MIX@^-`KA&)ZJFGI/+;4@
M2SU0&&7;I-#";+(K$TG/K12=6EGPJCJQNND8?^*RX@^5H"1O0$11C]=N3-A*
M:.WR-+%?R=,""WHAZ3'?466F$P/$5F-BXZBY]T@5P)+;(P2UA$;\AJJ(X(F'
M]GWX\IN^,;2@"S24@@DMT@#<`2V"Q`^(VIG9Z$M:1+E9D**0^'5:8`8$0?H:
M+]+_`R]^;-)=\J*6_:A+UY?,J,6/C+IT/=O)=,@S?H48A'_Q`L35<""45PSY
M=8!;9^GKB+,FPLR3EJM.%K+%++-H;8^J."!5T,N-A':0;S8,-AO\/-')=+&0
MWBK95F+UCE#"E-2_&\;)^DEHS"TS8>P2,V,@"NLK^5KNND#OF[K4/OL5A"A+
M::>*-%-<=[*J#'T&F5G/DYSL>N:,`Z0$!#NY(+Q%O5`"W@V^(<LOC4/CK`48
M2WVB;1C+1=.*88X>-1R@6="W+IN+7WPQJ30_<U/LO)7(S6?;@P!2&P4Y:`E<
MO3A//<MF5NV])U@/'V@*D@+0#W`=&[JA1&F^HA&Z-=^4X*5F,#K.8YCPWS'$
M3V1C&V>(KO2$<.`V_8HJ1A:C<L=TXPJ\RIY^M^<B&`[[=>_Q`LZI7&88_/OJ
MY./+F6U*YGHX]_TC;N+$1H3+%ZZ4+]!760&+F![_0*9("G:R8[>\'TA!=`7:
MEBFC"P.JV3_I(*$(->^YEMJ9IBBFO*RPQFMX#!9GF;4;UW0U2<V">!WY2?2J
MKL:($[TFJ]G/RNH%'KZK?*70A3*.FP9N.A70<!A&-M:#`&R=ZA%<@=12*/D$
M+P=3P.V.#+/[>P)U#WRWT'>8/]!IF8%O#7Q>[`VJ6G>CRMKHH\.8)AK:$X$1
M4$XCXUAU5A8H&>A0\F99J$J6HJ8=QT.F1<VSD]HH]/.)7IQ9#]<"W1)/F3D7
M`'C]Y"+*[<QDC@E@?>9Q\.94>#(XA!,ICO:8<4/5U^Y`-#W)C58HLH.NIRET
M69$Y&30O2OSX8C>2$8N[IJJ:9Y3_U[<LRLS?AR9UCU\`-<O3B5[/X8J1/6W`
M"%=G=SY:;-(^UE")XW*5F'F_L5H<>8IL&M"!F]S>0-D6)A@_1]WU0AS$;RD;
MB;AM$62Q$"V`:XGP(,KA/-DK6S"IW9LZ$O'25MR<U,Y88<@4^WF8SGVP/0-X
MK]!FPH7AO11@NA6];H3^U(L]_&FM&.^LYF*QMF*AFB=0`4,3E.@.4%?\Y]5)
M&ZO/B>Z/J-W-CC,DYV.-CAY=WV/7&R6*!F,M]_:U[`]_9OKEX_3+:?H-PRZ8
M@38<)21UD]HV$D^&GNLFOL/ZPUOI_K+>+1,BH1WFPES54)K4,_ZA.RB!!`YV
MN>J)&D[Q,[ZXMX$8I'@U/$\!IX8G8V^WC$F\J&>TI>C53M863:XB$_3M^7WO
MP1+RO>+M`>=9:M%=AS8^+M<F]16I9(W<49=UB#UZ,\*->4WBIS,"3Z#S.HN+
MGV?Q%21M!3H+&!V:9^(2L4P#6329#2#N;M_=,3=T!H,W.XE:=0YAR<L&0")G
MJ<0?1ZD<W]%>7A<2<M#/G`MK-W%@&[=OEF[?\(4UUF:UT!NCV[2#&\))2,<K
M<X\3:/`#KP&(,J]BU>`V>J2,O3J7FM[TZ6]+]F"(?H1BT2Z&GGD?+H(DM<:!
M1]D,^`0K%/::"PJ<"X)>R.YDR4H<L\9U.!SU4]JZ_U[O[))V287Q^O3#P/'*
MGU"<*S3J<4*9W<$#I-[M$O+F`1VT\=:&8Q-(&BY/3(/I[M%X[WWSI`][WAUH
MB,SZ,AKZ:5]&;SW7F\F,[6<^FDAP;IQQ7WOT&F4&_T'NS94#&KOVA,*N8T>?
M#XVY^@AL07#H80<$_#3II-ZHD;+6G3J_"1/T3`>K!Q.F?\(D#:<X0WFP&;07
ML#)P%LI\**M$I8!L47RRXM)BW!Z/[&J'=QB6)P=XV)&^S='E0'-T=V<P0R[@
MZ9.;BT;VC8WA&-(X+0VC+0K?.!HZ)>P.="!TS>H!2\'PAE\[.BKB[.@&C#2S
MQ.0)&)]I4SP<O1H+@M:X3""?.6!U)+#C'>?B>FI2%=HU`?[_?P(,`&?4@P4*
M#0IE;F1S=')E86T-96YD;V)J#30@,"!O8FH\/"]#<F]P0F]X6S`@,"`V,3(@
M-SDR72]087)E;G0@.2`P(%(O0V]N=&5N=',@-B`P(%(O4F]T871E(#`O365D
M:6%";WA;,"`P(#8Q,B`W.3)=+U)E<V]U<F-E<R`U(#`@4B]4>7!E+U!A9V4^
M/@UE;F1O8FH--2`P(&]B:CP\+T9O;G0\/"]45#(@,38@,"!2+U14-B`R,2`P
M(%(^/B]0<F]C4V5T6R]01$8O5&5X=%TO17AT1U-T871E/#PO1U,Q(#$X(#`@
M4CX^/CX-96YD;V)J#38@,"!O8FH\/"],96YG=&@@,34T,B]&:6QT97(O1FQA
M=&5$96-O9&4^/G-T<F5A;0T*2(F\5TMSVS80ONM7[)',R`S!IWA,XC2I)S/U
MV)IV.DD/,`5)2&A2!4![]#?RB[L+@")%*YEI#[4/)$!@']]^^]#K#_<,=GKQ
M=KUXO5XGP&"]7;`$8OS'1Q5#F6515<#Z<1'#;A%'<1R7L*X75\/K\^)S<--I
M<=C#'V$5Y4$4QE$9P+U\#%>X[%H(_UK?X/4K%K$<UM=."ANE,)(2_");WM:2
M-W`OZEY)<X0W6O<*-P5\[)J-;'<:/ID-A.NOB_4K)R8]B4E65LP-;WNNCL"R
M)21Q7)V=3D:EB3U]RW<"TM,9^AS;#W8KB_*9U?E)`/.^RU8;U9.O:2#"*_*]
M-1I,!WNYVPL%BANQ@;IS1PZ(3A[P5@J]=,"P/"I+Q'M0,<++*J?"[`4<E'!X
MRMX]`3%2HC7-$>H]5SO4T<AO`I=6ZI43.UH_2G6>/W=]LX$'`0C[1OS=HY7`
MVPV8/7G.XJBJ\HE5V8B<MTHHL>V4`++.>9=8[S+T[@A._)X_"8+BP(_`82OL
M8C#0J3C'=S6&TVE!]`A$L^<M*%$+B0*=I*VR2HO`6O#0'X6*!MGG@9M%-3W7
MR2PI`A'1-\R"PF5!'!4G`.P!\-^3X?LJG@(T4LO1^:-H#M!KZ-N-4-H0M,][
M0<XLW9X'KC46[S+*F!<WX2?Y7YL><\((A=X&&KHM'#OK91GER6@`.]?_.>@5
MU$ILI(&-V(95P(F<+.@;XT%*,+/3>0!>)K=^Y@?DZK'KH<8@U%W3B-J\)*1V
M\EU</+&S[#*%,A<-1^S.H#R)=<+&$/D(6J+/M*4MZ%=.TLG0L^1`4)&$Z"4_
M'`17:*DG!IKB_==H*T?XY6!6D4Z0]D!O1(L%!CH%'07I66JQ)-H9Z[FCMX5P
M%1PI;4Y95LSX-&7"RH>BY0^-Y;XC`IESM'DA%.80!9:J9A+\6_Y:+;8$!ML7
M_,U7/^=OQ2XG>&*1#:Z%KI5$3WG3$.LN!>L[%CIA^9M'J^IB$<LR3V3/EM8&
M%A061RR3LJV;GBK[D!Q6S0E;E/G#^IL[N5.3PAPU6!(14UW*8,TEG6),MX$$
M4WM7,^]=XH'<3I@ULN%9(B1G')C;^3]RP&VP-"H2=R%VVZ_`_;L,*H;/5+Z'
M2[';R"^0@/FP07B5LJ0(;AO!M27`D]P(*FR$IVR=Z90;+JS8283V&%=1E9_5
M-,O4X0U=$9249H\9SV(DE):M)5,9K?++U&2%O:<U;/A14[(:@:'H?9U(\"8;
MG9S4&ELGVC%X!Z1*%J@0SQ:!=\ENV2J6!=8N;#1*:'<4:Y'`]G+;.-?0XR2_
MR/>A;")<(1;8`!M5KUJI25K=/2$W&V%EK*(JFY:AU#=[I*W3CL:JP8#2&C`4
M[C)B13Z)W6F,JD^S%:)DZ?I-($XG258(<H[6V+,?<7[0Z-6URV',E8E+Z6P.
M"0R7C9UDG!-DJ(:=HJNK*"NG@9Z;(CC-*5M>RT8:2D8RP(6L\&.*"]F$YTH\
M2?%L,;?4&V"TSCCU0,,E69[]>%KQX7]__>'-W:3QGG@+YG@0T/`'T<"[$-MP
M\%N8("GN[M[?WT9#BF?#K#)DRZ5\]"Z<`<!\-_[3-I$RLGT8DQ2;"!4C*C*_
M\U9HS>&N>W#,8`EBDL_P)$2,[MHEW!N^W<*;NNYZ%-":)6"<OP1)G'P)(<_9
M55ID%>7&)XE2AP9*$L]M?#$,HR%?._T-^QX.WI+*E(%W>RGFRBSD193'\X'E
M;`":F80%16YM`M+U*DK/4KPX74[=;3LYTB!IZ\DX"B38%(IYV<I/=/--08D=
M5[:M^.G4S^>M03[]VM*0:X%FYUUK,D,Y*Z0&)VH)FP[:SL!>:,=@T_DY>97^
MA/E80(<P4_1+^HG`T)(+,2NK@6T)QC^YF!,OJO;9#FW@58L&*O9_]V%2Y@R9
M+O$EPPH9M+03!S6M5[@6PXNR+W:=I[ANAAM'=V/I'I,?=--T>&'+?S+WAG16
M4W,?22N]@%/_EAX)=DMO#![+@SNWV;E-/0@YN>9]?G"/N<>[J6-)-N?7BTRY
MQV$1$VR>)C/GQL[@HC=FD3WY?KWX1X`!`"8Y\V,*#0IE;F1S=')E86T-96YD
M;V)J#3<@,"!O8FH\/"].=6US6S`@."`P(%)=/CX-96YD;V)J#3@@,"!O8FH\
M/"]3+T0^/@UE;F1O8FH-.2`P(&]B:CP\+T-O=6YT(#,O5'EP92]086=E<R]+
M:61S6S$T(#`@4B`Q(#`@4B`T(#`@4ET^/@UE;F1O8FH-,3`@,"!O8FH\/"]3
M=6)T>7!E+UA-3"],96YG=&@@,S4V-"]4>7!E+TUE=&%D871A/CYS=')E86T-
M"CP_>'!A8VME="!B96=I;CTB[[N_(B!I9#TB5S5-,$UP0V5H:4AZ<F53>DY4
M8WIK8SED(C\^"CQX.GAM<&UE=&$@>&UL;G,Z>#TB861O8F4Z;G,Z;65T82\B
M('@Z>&UP=&L](C,N,2TW,#$B/@H@("`\<F1F.E)$1B!X;6QN<SIR9&8](FAT
M='`Z+R]W=W<N=S,N;W)G+S$Y.3DO,#(O,C(M<F1F+7-Y;G1A>"UN<R,B/@H@
M("`@("`\<F1F.D1E<V-R:7!T:6]N(')D9CIA8F]U=#TB(@H@("`@("`@("`@
M("!X;6QN<SIP9&8](FAT='`Z+R]N<RYA9&]B92YC;VTO<&1F+S$N,R\B/@H@
M("`@("`@("`\<&1F.E!R;V1U8V5R/D%C<F]B870@1&ES=&EL;&5R(#<N,"`H
M5VEN9&]W<RD\+W!D9CI0<F]D=6-E<CX*("`@("`@/"]R9&8Z1&5S8W)I<'1I
M;VX^"B`@("`@(#QR9&8Z1&5S8W)I<'1I;VX@<F1F.F%B;W5T/2(B"B`@("`@
M("`@("`@('AM;&YS.GAA<#TB:'1T<#HO+VYS+F%D;V)E+F-O;2]X87`O,2XP
M+R(^"B`@("`@("`@(#QX87`Z0W)E871O<E1O;VP^4%-C<FEP=#4N9&QL(%9E
M<G-I;VX@-2XR+C(\+WAA<#I#<F5A=&]R5&]O;#X*("`@("`@("`@/'AA<#I-
M;V1I9GE$871E/C(P,#DM,#$M,354,#@Z,C,Z,#,M,#4Z,#`\+WAA<#I-;V1I
M9GE$871E/@H@("`@("`@("`\>&%P.D-R96%T941A=&4^,C`P.2TP,2TQ-50P
M.#HR,SHP,RTP-3HP,#PO>&%P.D-R96%T941A=&4^"B`@("`@(#PO<F1F.D1E
M<V-R:7!T:6]N/@H@("`@("`\<F1F.D1E<V-R:7!T:6]N(')D9CIA8F]U=#TB
M(@H@("`@("`@("`@("!X;6QN<SID8STB:'1T<#HO+W!U<FPN;W)G+V1C+V5L
M96UE;G1S+S$N,2\B/@H@("`@("`@("`\9&,Z9F]R;6%T/F%P<&QI8V%T:6]N
M+W!D9CPO9&,Z9F]R;6%T/@H@("`@("`@("`\9&,Z=&ET;&4^"B`@("`@("`@
M("`@(#QR9&8Z06QT/@H@("`@("`@("`@("`@("`\<F1F.FQI('AM;#IL86YG
M/2)X+61E9F%U;'0B/DUI8W)O<V]F="!7;W)D("T@1E-!(#(P,#<@,3`M2R!2
M,R!L971T97(@9FEN86PN9&]C/"]R9&8Z;&D^"B`@("`@("`@("`@(#PO<F1F
M.D%L=#X*("`@("`@("`@/"]D8SIT:71L93X*("`@("`@("`@/&1C.F-R96%T
M;W(^"B`@("`@("`@("`@(#QR9&8Z4V5Q/@H@("`@("`@("`@("`@("`\<F1F
M.FQI/G)O8F5R='-O;G8\+W)D9CIL:3X*("`@("`@("`@("`@/"]R9&8Z4V5Q
M/@H@("`@("`@("`\+V1C.F-R96%T;W(^"B`@("`@(#PO<F1F.D1E<V-R:7!T
M:6]N/@H@("`@("`\<F1F.D1E<V-R:7!T:6]N(')D9CIA8F]U=#TB(@H@("`@
M("`@("`@("!X;6QN<SIX87!-33TB:'1T<#HO+VYS+F%D;V)E+F-O;2]X87`O
M,2XP+VUM+R(^"B`@("`@("`@(#QX87!-33I$;V-U;65N=$E$/G5U:60Z.3DT
M9F5B-#DM9F1D8RTT,3DX+3EB-S`M,S<T,F$P,30X9#9F/"]X87!-33I$;V-U
M;65N=$E$/@H@("`@("`@("`\>&%P34TZ26YS=&%N8V5)1#YU=6ED.C$W-C-D
M.60V+3$S.60M-&-E.2UB-C)D+3`Q9C$W.&4T831C93PO>&%P34TZ26YS=&%N
M8V5)1#X*("`@("`@/"]R9&8Z1&5S8W)I<'1I;VX^"B`@(#PO<F1F.E)$1CX*
M/"]X.GAM<&UE=&$^"B`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`*("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@(`H@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M"B`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`*("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@(`H@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@"B`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`*
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@(`H@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@"B`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`*("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@(`H@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@"B`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`*("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@(`H@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@"B`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`*("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@(`H@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@"B`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`*("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@(`H@("`@("`@("`@("`@("`@("`@("`@("`@("`*/#]X<&%C:V5T
M(&5N9#TB=R(_/@T*96YD<W1R96%M#65N9&]B:@TQ,2`P(&]B:CP\+T-R96%T
M:6]N1&%T92A$.C(P,#DP,3$U,#@R,S`S+3`U)S`P)RDO075T:&]R*')O8F5R
M='-O;G8I+T-R96%T;W(H4%-C<FEP=#4N9&QL(%9E<G-I;VX@-2XR+C(I+U!R
M;V1U8V5R*$%C<F]B870@1&ES=&EL;&5R(#<N,"!<*%=I;F1O=W-<*2DO36]D
M1&%T92A$.C(P,#DP,3$U,#@R,S`S+3`U)S`P)RDO5&ET;&4H36EC<F]S;V9T
M(%=O<F0@+2!&4T$@,C`P-R`Q,"U+(%(S(&QE='1E<B!F:6YA;"YD;V,I/CX-
M96YD;V)J#7AR968-"C`@,3(-"C`P,#`P,#`P,#`@-C4U,S4@9@T*,#`P,#`P
M-#<Y.2`P,#`P,"!N#0HP,#`P,#`T.3(T(#`P,#`P(&X-"C`P,#`P,#4P,3@@
M,#`P,#`@;@T*,#`P,#`P-S,Y.2`P,#`P,"!N#0HP,#`P,#`W-3(T(#`P,#`P
M(&X-"C`P,#`P,#<V,3@@,#`P,#`@;@T*,#`P,#`P.3(R.2`P,#`P,"!N#0HP
M,#`P,#`Y,C8R(#`P,#`P(&X-"C`P,#`P,#DR.#4@,#`P,#`@;@T*,#`P,#`P
M.3,T."`P,#`P,"!N#0HP,#`P,#$R.3@Y(#`P,#`P(&X-"G1R86EL97(-"CP\
C+U-I>F4@,3(^/@T*<W1A<G1X<F5F#0HQ,38-"B4E14]&#0H_
`
end
</PDF>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----