-----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,
 NjOrneHZT98OS6B96mxUxGiVKCEqMQt8LaH9knTWo5J2gURENfALASrlaIsnqx7s
 Z7+6A3zXOMTAOpqgHzbAQg==

<SEC-DOCUMENT>0000000000-06-001995.txt : 20060912
<SEC-HEADER>0000000000-06-001995.hdr.sgml : 20060912
<ACCEPTANCE-DATETIME>20060112162546
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0000000000-06-001995
CONFORMED SUBMISSION TYPE:	UPLOAD
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20060112

FILED FOR:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PMA CAPITAL CORP
		CENTRAL INDEX KEY:			0001041665
		STANDARD INDUSTRIAL CLASSIFICATION:	FIRE, MARINE & CASUALTY INSURANCE [6331]
		IRS NUMBER:				232217932
		STATE OF INCORPORATION:			PA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		UPLOAD

	BUSINESS ADDRESS:	
		STREET 1:		380 SENTRY PARKWAY
		CITY:			BLUE BELL
		STATE:			PA
		ZIP:			19422
		BUSINESS PHONE:		2156655046

	MAIL ADDRESS:	
		STREET 1:		380 SENTRY PARKWAY
		CITY:			BLUE BELL
		STATE:			PA
		ZIP:			19422

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PENNSYLVANIA MANUFACTURERS CORP
		DATE OF NAME CHANGE:	19970702
PUBLIC REFERENCE ACCESSION NUMBER:		0000950159-05-000309
</SEC-HEADER>
<DOCUMENT>
<TYPE>LETTER
<SEQUENCE>1
<FILENAME>filename1.pdf
<TEXT>
<PDF>
begin 644 filename1.pdf
M)5!$1BTQ+C0-)>+CS],-"C8@,"!O8FH@/#PO3&EN96%R:7IE9"`Q+TP@.3DX
M-2]/(#DO12`V,#<T+TX@,2]4(#DX,3DO2"!;(#4U-B`Q-#9=/CX-96YD;V)J
M#2`@("`@("`@("`@("`@("`@("`@("`@#0IX<F5F#0HV(#$S#0HP,#`P,#`P
M,#$V(#`P,#`P(&X-"C`P,#`P,#`W,#(@,#`P,#`@;@T*,#`P,#`P,#4U-B`P
M,#`P,"!N#0HP,#`P,#`P-S<X(#`P,#`P(&X-"C`P,#`P,#`Y,#4@,#`P,#`@
M;@T*,#`P,#`P,3`R-B`P,#`P,"!N#0HP,#`P,#`Q-#8Y(#`P,#`P(&X-"C`P
M,#`P,#(S.#<@,#`P,#`@;@T*,#`P,#`P,C0R,2`P,#`P,"!N#0HP,#`P,#`R
M.#0U(#`P,#`P(&X-"C`P,#`P,#4U,30@,#`P,#`@;@T*,#`P,#`P-3<U,R`P
M,#`P,"!N#0HP,#`P,#`U.3DX(#`P,#`P(&X-"G1R86EL97(-"CP\+U-I>F4@
M,3DO4')E=B`Y.#`Y+U)O;W0@-R`P(%(O26YF;R`U(#`@4B])1%L\-V-B-C(S
M,F(Q-&%A-S@W9#$Q9C%B-#=A,V0U-F-D-3D^/#(S9#5E-3`W,C-F,S(T-#EA
M.3`U-3ED83`U9C`X,C-B/ET^/@T*<W1A<G1X<F5F#0HP#0HE)45/1@T*("`@
M("`@("`@("`@("`@("`-"C@@,"!O8FH\/"],96YG=&@@-CDO1FEL=&5R+T9L
M871E1&5C;V1E+TP@.#`O4R`S.3X^<W1R96%M#0IXVF)@8.!B8&"J8``"D0T,
MJ(`)B%D8.`XP*B`)<D$Q`X,2`P_KA7#)R24,C&U+-ISE-=`""S,R,(AK0'5;
M``08`#W/"$\-"F5N9'-T<F5A;0UE;F1O8FH--R`P(&]B:CP\+U!A9V5S(#,@
M,"!2+U1Y<&4O0V%T86QO9R]086=E3&%B96QS(#$@,"!2+TUE=&%D871A(#0@
M,"!2/CX-96YD;V)J#3D@,"!O8FH\/"]#;VYT96YT<R`Q,B`P(%(O5'EP92]0
M86=E+U!A<F5N="`S(#`@4B]2;W1A=&4@,"]-961I84)O>%LP(#`@-C$R(#<Y
M,ETO0W)O<$)O>%LP(#`@-C$R(#<Y,ETO4F5S;W5R8V5S(#$P(#`@4CX^#65N
M9&]B:@TQ,"`P(&]B:CP\+T-O;&]R4W!A8V4\/"]#<S8@,3,@,"!2/CXO1F]N
M=#P\+U14,B`Q,2`P(%(O5%0T(#$T(#`@4CX^+U!R;V-3971;+U!$1B]497AT
M72]%>'1'4W1A=&4\/"]'4S$@,3@@,"!2/CX^/@UE;F1O8FH-,3$@,"!O8FH\
M/"]4>7!E+T9O;G0O16YC;V1I;F<O5VEN06YS:45N8V]D:6YG+T)A<V5&;VYT
M+U1I;65S3F5W4F]M86Y04TU4+T9I<G-T0VAA<B`S,B],87-T0VAA<B`Q,C$O
M4W5B='EP92]4<G5E5'EP92]&;VYT1&5S8W)I<'1O<B`Q-B`P(%(O5VED=&AS
M6S(U,"`P(#`@,"`P(#`@,"`P(#`@,"`P(#`@,C4P(#,S,R`R-3`@,"`U,#`@
M-3`P(#4P,"`U,#`@-3`P(#4P,"`U,#`@-3`P(#4P,"`U,#`@,C<X(#`@,"`P
M(#`@,"`P(#<R,B`V-C<@-C8W(#<R,B`V,3$@-34V(#`@-S(R(#`@,S@Y(#<R
M,B`P(#@X.2`P(#<R,B`U-38@,"`P(#4U-B`P(#<R,B`W,C(@.30T(#`@,"`P
M(#`@,"`P(#`@,"`P(#0T-"`U,#`@-#0T(#4P,"`T-#0@,S,S(#4P,"`U,#`@
M,C<X(#`@-3`P(#(W."`W-S@@-3`P(#4P,"`U,#`@,"`S,S,@,S@Y(#(W."`U
M,#`@-3`P(#<R,B`U,#`@-3`P73X^#65N9&]B:@TQ,B`P(&]B:CP\+TQE;F=T
M:"`X-#DO1FEL=&5R+T9L871E1&5C;V1E/CYS=')E86T-"DB)M%1+<],P$+[[
M5^S19FI7DE\)MS9M8<H4"C%PZ'`0CIP('#LC.RWY]ZPD/Q*W,%Q(9N+5QOOM
MIV\?YV^6%-:-<YDYYUG&@$)6.)0!P2\^Y@32*`KF"61;A\#:84&8QI#E>,B>
M'!?`RWZ@[8>076E?CK[.10,::Z]U9*_^R2`!(235.'YO/CD/[A?)X8;GC=QZ
MLR!V92F`5ROX'"P#N..R!.];=FOB1V[&OVSK'22$$OA;\O_\N>75GJL#"GH&
MC)!$YSU?-`GDC14:FKQR0A+,$CP-DFF]?>O]%S'_(-V="N"K-S>JE9)OX3J`
MM[)M1/E=>!&ZE1<&J;OV"/X*-2JI,>(1+K9PU[]$OF_EHX`O7HH1TD-NJ9L+
MN%>B04!TK43EQ8C<FB(M-E(4<",K7N62E_"A*&0^392,B1*;Z/[N`A9\)UL,
M6=1J5RN.Z)';RAK!$[<ZK;F)98:D&\X(+$75HN3W7/U\XH<3C<(Q5VAS799[
M`9>B+,_@WDN0^87'\!?H/&+,9V&<OM1@!A2G)K)3$YHJ);I*#^XG\1I0&1:3
MERZ"=^CH^^%86\,H&LG-+3G$86E,-)_!NJG5%BCQWT%1*V@W`@K9Y!R%B=Q2
M5V3FPD%P!:):B15<B5QLOZ/F(34=&-GDX\3CQ5CP?+#'RW6-:7C1D2*U%#6=
M1O/Y./#9H8XA]I.L5TW'XHZK?--3B$UOW.XK`2'I/%:1HVX?Q38RQ'AY]T8/
M__LZ`,SNAS3%?NEK,U2DNY5=0M%`_'DW7VF-](1T$V':5GB^G@6U%NKU(%1T
M#!E/V$T3AY/$=%)4]ZN`#<<9RNOMKA0MBE/O%2CQ*,43U`4<]%%CTCB8HQ:C
M^&R$8J/X'M8;Y??\!"O_SDAK\*L:BKW">BB=2K^&8]%T0M.9P3[I/SHN$-HM
M$-YB0;&:.-@-M+B!YT8CW8;!'\?B>#'UG?4P+-JEAWU,`X;;@Z51BIPK[2%N
MKL\S/(O>4,8PYSC$<]E''&S$F7V<$OG+EGQ.YE8CSH_);#6F-L""7^@'PS?:
M_HV?]H\I_::'JNVYFI`;DPZ0PXT'HXO=GT`,F:<IUWT*?,3NI8'M1>,]Y%3=
MS5$0<1<V:#.YTR!Y88P7);[.G-\"#`!^=^'W"@T*96YD<W1R96%M#65N9&]B
M:@TQ,R`P(&]B:ELO24-#0F%S960@,34@,"!270UE;F1O8FH-,30@,"!O8FH\
M/"]4>7!E+T9O;G0O16YC;V1I;F<O5VEN06YS:45N8V]D:6YG+T)A<V5&;VYT
M+U1I;65S3F5W4F]M86Y04RU";VQD350O1FER<W1#:&%R(#,R+TQA<W1#:&%R
M(#$R,2]3=6)T>7!E+U1R=654>7!E+T9O;G1$97-C<FEP=&]R(#$W(#`@4B]7
M:61T:'-;,C4P(#`@,"`P(#`@,"`P(#`@,"`P(#`@,"`R-3`@,S,S(#(U,"`P
M(#4P,"`U,#`@-3`P(#4P,"`U,#`@-3`P(#4P,"`U,#`@,"`P(#,S,R`P(#`@
M,"`P(#`@,"`W,C(@,"`W,C(@-S(R(#`@-C$Q(#`@,"`P(#4P,"`W-S@@,"`Y
M-#0@-S(R(#`@-C$Q(#<W."`W,C(@,"`P(#`@,"`P(#`@,"`P(#`@,"`P(#`@
M,"`P(#4P,"`U-38@-#0T(#4U-B`T-#0@,S,S(#`@-34V(#(W."`P(#`@,C<X
M(#@S,R`U-38@-3`P(#4U-B`P(#0T-"`S.#D@,S,S(#4U-B`P(#`@,"`U,#!=
M/CX-96YD;V)J#3$U(#`@;V)J/#PO3&5N9W1H(#(U-S4O1FEL=&5R+T9L871E
M1&5C;V1E+TX@,R]!;'1E<FYA=&4O1&5V:6-E4D="/CYS=')E86T-"DB)G)9Y
M5%-W%L=_;\F>D)6PPV,-6X"P!I`U;&&1'011"$D(`1)"2-@%040%%$5$A*J5
M,M9M=$9/19TNKF.M#M9]ZM(#]3#JZ#BT%M>.G1<X1YU.9Z;3[Q_O]SGW=^_O
MW=^]]YWS`*`GI:JUU3`+`(W6H,]*C,46%11BI`D``PH@`A$`,GFM+BT[(0?@
MDL9+L%K<"?R+GEX'D&F](DS*P##P_XDMU^D-`$`9.`<HE+5RG#MQKJHWZ$SV
M&9QYI94FAE$3Z_$$<;8TL6J>O>=\YCG:Q`J-5H&S*6>=0J,P\6F<5]<9E3@C
MJ3AWU:F5]3A?Q=FERJA1X_S<%*M1RFH!0.DFNT$I+\?9#V>Z/B=+@O,"`,AT
MU3M<^@X;E`T&TZ4DU;I&O5I5;L#<Y1Z8*#14C"4IZZN4!H,P0R:OE.D5F*1:
MHY-I&P&8O_.<.*;:8GB1@T6AP<%"?Q_1.X7ZKYN_4*;>SM.3S+F>0?P+;VT_
MYU<]"H!X%J_-^K>VTBT`C*\$P/+F6YO+^P`P\;X=OOC.??BF>2DW&'1AOK[U
M]?4^:J7<QU30-_J?#K]`[[S/QW3<F_)@<<HRF;'*@)GJ)J^NJC;JL5J=3*[$
MA#\=XE\=^/-Y>&<IRY1ZI1:/R,.G3*U5X>W6*M0&=;464VO_4Q-_9=A/-#_7
MN+ACKP&OV`>P+O(`\K<+`.72`%*T#=^!WO0ME9(',O`UW^'>_-S/"?KW4^$^
MTZ-6K9J+DV3E8'*COFY^S_19`@*@`B;@`2M@#YR!.Q`"?Q`"PD$TB`?)(!WD
M@`*P%,A!.=``/:@'+:`==($>L!YL`L-@.Q@#N\%^<!",@X_!"?!'<!Y\":Z!
M6V`23(.'8`8\!:\@"")!#(@+64$.D"OD!?E#8B@2BH=2H2RH`"J!5)`6,D(M
MT`JH!^J'AJ$=T&[H]]!1Z`1T#KH$?05-00^@[Z"7,`+381YL![O!OK`8CH%3
MX!QX":R":^`FN!->!P_!H_`^^#!\`CX/7X,GX8?P+`(0&L)''!$A(D8D2#I2
MB)0A>J05Z48&D5%D/W(,.8M<02:11\@+E(AR40P5HN%H$IJ+RM$:M!7M18?1
M7>AA]#1Z!9U"9]#7!`;!EN!%""-("8L(*D(]H8LP2-A)^(APAG"-,$UX2B02
M^40!,8281"P@5A";B;W$K<0#Q./$2\2[Q%D2B61%\B)%D-)),I*!U$7:0MI'
M^HQTF31->DZFD1W(_N0$<B%92^X@#Y+WD#\E7R;?([^BL"BNE#!*.D5!::3T
M4<8HQR@7*=.45U0V54"-H.90*ZCMU"'J?NH9ZFWJ$QJ-YD0+I672U+3EM"':
M[VB?TZ9H+^@<NB==0B^B&^GKZ!_2C]._HC]A,!ANC&A&(</`6,?8S3C%^)KQ
MW(QKYF,F-5.8M9F-F!TVNVSVF$EANC)CF$N93<Q!YB'F1>8C%H7EQI*P9*Q6
MU@CK*.L&:Y;-98O8Z6P-NY>]AWV.?9]#XKAQXCD*3B?G`\XISETNPG7F2KAR
M[@KN&/<,=YI'Y`EX4EX%KX?W6]X$;\:<8QYHGF?>8#YB_HGY)!_AN_&E_"I^
M'_\@_SK_I86=18R%TF*-Q7Z+RQ;/+&TLHRV5EMV6!RRO6;ZTPJSBK2JM-EB-
M6]VQ1JT]K3.MZZVW69^Q?F3#LPFWD=MTVQRTN6D+VWK:9MDVVWY@>\%VUL[>
M+M%.9[?%[I3=(WN^?;1]A?V`_:?V#QRX#I$.:H<!A\\<_HJ98S%8%3:$G<9F
M'&T=DQR-CCL<)QQ?.0F<<ITZG`XXW7&F.HN=RYP'G$\ZS[@XN*2YM+CL=;GI
M2G$5NY:[;G8]Z_K,3>"6[[;*;=SMOL!2(!4T"?8*;KLSW*/<:]Q'W:]Z$#W$
M'I4>6SV^](0]@SS+/4<\+WK!7L%>:J^M7I>\"=ZAWEKO4>\;0KHP1E@GW"N<
M\N'[I/IT^(S[//9U\2WTW>![UO>U7Y!?E=^8WRT11Y0LZA`=$WWG[^DO]Q_Q
MOQK`"$@(:`LX$O!MH%>@,G!;X)^#N$%I0:N"3@;](S@D6!^\/_A!B$M(2<A[
M(3?$/'&&N%?\>2@A-#:T+?3CT!=AP6&&L(-A?P\7AE>&[PF_OT"P0+E@;,'=
M"*<(6<2.B,E(++(D\OW(R2C'*%G4:-0WT<[1BNB=T?=B/&(J8O;%/([UB]7'
M?A3[3!(F628Y'H?$)<9UQTW$<^)SXX?COTYP2E`E[$V820Q*;$X\GD1(2DG:
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MH'O@^TW%F\X-!@YNWTS=;-P\.93Z3P"D`5O^F+B9))F0F?R::)K5FT*;KYP<
MG(F<]YUDG=*>0)ZNGQV?BY_ZH&F@V*%'H;:B)J*6HP:C=J/FI%:DQZ4XI:FF
M&J:+IOVG;J?@J%*HQ*DWJ:FJ'*J/JP*K=:OIK%RLT*U$K;BN+:ZAKQ:OB[``
ML'6PZK%@L=:R2[+"LSBSKK0EM)RU$[6*M@&V>;;PMVBWX+A9N-&Y2KG"NCNZ
MM;LNNZ>\(;R;O16]C[X*OH2^_[]ZO_7`<,#LP6?!X\)?PMO#6,/4Q%'$SL5+
MQ<C&1L;#QT''O\@]R+S).LFYRCC*M\LVR[;,-<RUS37-M<XVSK;/-\^XT#G0
MNM$\T;[2/]+!TT33QM1)U,O53M71UE76V-=<U^#89-CHV6S9\=IVVOO;@-P%
MW(K=$-V6WAS>HM\IWZ_@-N"]X43AS.)3XMOC8^/KY'/D_.6$Y@WFEN<?YZGH
M,NB\Z4;IT.I;ZN7K<.O[[(;M$>V<[BCNM.]`[\SP6/#E\7+Q__*,\QGSI_0T
M],+U4/7>]FWV^_>*^!GXJ/DX^<?Z5_KG^W?\!_R8_2G]NOY+_MS_;?__`@P`
M]X3S^PH-"F5N9'-T<F5A;0UE;F1O8FH-,38@,"!O8FH\/"]4>7!E+T9O;G1$
M97-C<FEP=&]R+T9O;G1"0F]X6RTU-C@@+3,P-R`R,#(X(#$P,#==+T9O;G1.
M86UE+U1I;65S3F5W4F]M86Y04TU4+T9L86=S(#,T+U-T96U6(#@R+T-A<$AE
M:6=H="`V-38O6$AE:6=H="`P+T%S8V5N="`X.3$O1&5S8V5N="`M,C$V+TET
M86QI8T%N9VQE(#`O1F]N=$9A;6EL>2A4:6UE<R!.97<@4F]M86XI+T9O;G13
M=')E=&-H+TYO<FUA;"]&;VYT5V5I9VAT(#0P,#X^#65N9&]B:@TQ-R`P(&]B
M:CP\+U1Y<&4O1F]N=$1E<V-R:7!T;W(O1F]N=$)";WA;+34U."`M,S`W(#(P
M,S0@,3`R-ETO1F]N=$YA;64O5&EM97-.97=2;VUA;E!3+4)O;&1-5"]&;&%G
M<R`S-"]3=&5M5B`Q,S8O0V%P2&5I9VAT(#8U-B]82&5I9VAT(#`O07-C96YT
M(#@Y,2]$97-C96YT("TR,38O271A;&EC06YG;&4@,"]&;VYT1F%M:6QY*%1I
M;65S($YE=R!2;VUA;BDO1F]N=%-T<F5T8V@O3F]R;6%L+T9O;G1796EG:'0@
M-S`P/CX-96YD;V)J#3$X(#`@;V)J/#PO5'EP92]%>'1'4W1A=&4O4T$@9F%L
M<V4O3U`@9F%L<V4O4TT@,"XP,B]O<"!F86QS92]/4$T@,3X^#65N9&]B:@TQ
M(#`@;V)J/#PO3G5M<ULP(#(@,"!273X^#65N9&]B:@TR(#`@;V)J/#PO4R]$
M/CX-96YD;V)J#3,@,"!O8FH\/"]#;W5N="`Q+TMI9'-;.2`P(%)=+U1Y<&4O
M4&%G97,^/@UE;F1O8FH--"`P(&]B:CP\+TQE;F=T:"`S,S,Q+U1Y<&4O365T
M861A=&$O4W5B='EP92]834P^/G-T<F5A;0T*/#]X<&%C:V5T(&)E9VEN/2?O
MN[\G(&ED/2=7-4TP37!#96AI2'IR95-Z3E1C>FMC.60G/SX*/#]A9&]B92UX
M87`M9FEL=&5R<R!E<V,](D-23$8B/SX-"CQX.GAM<&UE=&$@>&UL;G,Z>#TG
M861O8F4Z;G,Z;65T82\G('@Z>&UP=&L])UA-4"!T;V]L:VET(#(N.2XQ+3$S
M+"!F<F%M97=O<FL@,2XV)SX-"CQR9&8Z4D1&('AM;&YS.G)D9CTG:'1T<#HO
M+W=W=RYW,RYO<F<O,3DY.2\P,B\R,BUR9&8M<WEN=&%X+6YS(R<@>&UL;G,Z
M:5@])VAT='`Z+R]N<RYA9&]B92YC;VTO:5@O,2XP+R<^#0H\<F1F.D1E<V-R
M:7!T:6]N(')D9CIA8F]U=#TG=75I9#ID-S=E,#=D8BTW964Q+30P,V4M8C$T
M,2UD.3$S-68Q-#<W,SDG('AM;&YS.G!D9CTG:'1T<#HO+VYS+F%D;V)E+F-O
M;2]P9&8O,2XS+R<@<&1F.E!R;V1U8V5R/2=!8W)O8F%T($1I<W1I;&QE<B`V
M+C`N,2`H5VEN9&]W<RDG/CPO<F1F.D1E<V-R:7!T:6]N/@T*/')D9CI$97-C
M<FEP=&EO;B!R9&8Z86)O=70])W5U:60Z9#<W93`W9&(M-V5E,2TT,#-E+6(Q
M-#$M9#DQ,S5F,30W-S,Y)R!X;6QN<SIX87`])VAT='`Z+R]N<RYA9&]B92YC
M;VTO>&%P+S$N,"\G('AA<#I#<F5A=&]R5&]O;#TG4%-C<FEP=#4N9&QL(%9E
M<G-I;VX@-2XR+C(G('AA<#I-;V1I9GE$871E/2<R,#`V+3`Q+3$R5#$U.C`U
M.C`T+3`U.C`P)R!X87`Z0W)E871E1&%T93TG,C`P-BTP,2TQ,E0Q-3HP-3HP
M-"TP-3HP,"<^/"]R9&8Z1&5S8W)I<'1I;VX^#0H\<F1F.D1E<V-R:7!T:6]N
M(')D9CIA8F]U=#TG=75I9#ID-S=E,#=D8BTW964Q+30P,V4M8C$T,2UD.3$S
M-68Q-#<W,SDG('AM;&YS.GAA<$U-/2=H='1P.B\O;G,N861O8F4N8V]M+WAA
M<"\Q+C`O;6TO)R!X87!-33I$;V-U;65N=$E$/2=U=6ED.F,P,F,R8F)B+6$V
M,#$M-&8P9BTY9#=F+3$T-64V.#)A8F(X,R<O/@T*/')D9CI$97-C<FEP=&EO
M;B!R9&8Z86)O=70])W5U:60Z9#<W93`W9&(M-V5E,2TT,#-E+6(Q-#$M9#DQ
M,S5F,30W-S,Y)R!X;6QN<SID8STG:'1T<#HO+W!U<FPN;W)G+V1C+V5L96UE
M;G1S+S$N,2\G(&1C.F9O<FUA=#TG87!P;&EC871I;VXO<&1F)SX\9&,Z=&ET
M;&4^/')D9CI!;'0^/')D9CIL:2!X;6PZ;&%N9STG>"UD969A=6QT)SY-:6-R
M;W-O9G0@5V]R9"`M(%!-04Y&0RYD;V,\+W)D9CIL:3X\+W)D9CI!;'0^/"]D
M8SIT:71L93X\9&,Z8W)E871O<CX\<F1F.E-E<3X\<F1F.FQI/FEG;F%T:3PO
M<F1F.FQI/CPO<F1F.E-E<3X\+V1C.F-R96%T;W(^/"]R9&8Z1&5S8W)I<'1I
M;VX^#0H\+W)D9CI21$8^#0H\+W@Z>&UP;65T83X-"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@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@"B`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`*("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@(`H@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@"B`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`*("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@(`H@("`@("`@("`@("`@("`@("`@
M("`@("`@("`*/#]X<&%C:V5T(&5N9#TG=R<_/@T*96YD<W1R96%M#65N9&]B
M:@TU(#`@;V)J/#PO36]D1&%T92A$.C(P,#8P,3$R,34P-3`T+3`U)S`P)RDO
M0W)E871I;VY$871E*$0Z,C`P-C`Q,3(Q-3`U,#0M,#4G,#`G*2]4:71L92A-
M:6-R;W-O9G0@5V]R9"`M(%!-04Y&0RYD;V,I+T-R96%T;W(H4%-C<FEP=#4N
M9&QL(%9E<G-I;VX@-2XR+C(I+U!R;V1U8V5R*$%C<F]B870@1&ES=&EL;&5R
M(#8N,"XQ(%PH5VEN9&]W<UPI*2]!=71H;W(H:6=N871I*3X^#65N9&]B:@UX
M<F5F#0HP(#8-"C`P,#`P,#`P,#`@-C4U,S4@9@T*,#`P,#`P-C`W-"`P,#`P
M,"!N#0HP,#`P,#`V,3`W(#`P,#`P(&X-"C`P,#`P,#8Q,S`@,#`P,#`@;@T*
M,#`P,#`P-C$X,"`P,#`P,"!N#0HP,#`P,#`Y-3@W(#`P,#`P(&X-"G1R86EL
J97(-"CP\+U-I>F4@-CX^#0IS=&%R='AR968-"C$Q-@T*)25%3T8-"@T*
`
end
</PDF>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----