-----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,
 PIy2rp93s8c5RBWLnwtM7X/ovEp16XBfRmvU36WBEwzfzNdvrhJNlh3rK/It8r9x
 QRQ0i1SPPs/io5qtezKZKQ==

<SEC-DOCUMENT>0000000000-08-008920.txt : 20080320
<SEC-HEADER>0000000000-08-008920.hdr.sgml : 20080320
<ACCEPTANCE-DATETIME>20080220102909
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0000000000-08-008920
CONFORMED SUBMISSION TYPE:	UPLOAD
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20080220

FILED FOR:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TARGACEPT INC
		CENTRAL INDEX KEY:			0001124105
		STANDARD INDUSTRIAL CLASSIFICATION:	PHARMACEUTICAL PREPARATIONS [2834]
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		UPLOAD

	BUSINESS ADDRESS:	
		STREET 1:		200 EAST FIRST STREET
		STREET 2:		SUITE 300
		CITY:			WINSTON-SALEM
		STATE:			NC
		ZIP:			27101
		BUSINESS PHONE:		3364802100

	MAIL ADDRESS:	
		STREET 1:		200 EAST FIRST STREET
		STREET 2:		SUITE 300
		CITY:			WINSTON-SALEM
		STATE:			NC
		ZIP:			27101
PUBLIC REFERENCE ACCESSION NUMBER:		0001193125-07-061689
</SEC-HEADER>
<DOCUMENT>
<TYPE>LETTER
<SEQUENCE>1
<FILENAME>filename1.pdf
<TEXT>
<PDF>
begin 644 filename1.pdf
M)5!$1BTQ+C0-)>+CS],-"C8@,"!O8FH\/"](6S4Y-B`Q-3%=+TQI;F5A<FEZ
M960@,2]%(#8U,C0O3"`Q,#0V,2].(#$O3R`Y+U0@,3`R.34^/@UE;F1O8FH-
M("`@("`@("`@("`@("`@("`@("`@("`@#0IX<F5F#0HV(#$U#0HP,#`P,#`P
M,#$V(#`P,#`P(&X-"C`P,#`P,#`W-#<@,#`P,#`@;@T*,#`P,#`P,#4Y-B`P
M,#`P,"!N#0HP,#`P,#`P.#(S(#`P,#`P(&X-"C`P,#`P,#`Y-3`@,#`P,#`@
M;@T*,#`P,#`P,3`X,B`P,#`P,"!N#0HP,#`P,#`Q,C4Q(#`P,#`P(&X-"C`P
M,#`P,#$V.3@@,#`P,#`@;@T*,#`P,#`P,3<S,B`P,#`P,"!N#0HP,#`P,#`R
M-C`S(#`P,#`P(&X-"C`P,#`P,#,P,S,@,#`P,#`@;@T*,#`P,#`P-3<P,B`P
M,#`P,"!N#0HP,#`P,#`U.38T(#`P,#`P(&X-"C`P,#`P,#8R,#,@,#`P,#`@
M;@T*,#`P,#`P-C0T."`P,#`P,"!N#0IT<F%I;&5R#0H\/"]3:7IE(#(Q+U!R
M978@,3`R.#4O4F]O="`W(#`@4B]);F9O(#4@,"!2+TE$6SPQ,F-E8V0S-61D
M,&(P-V)F86)F,68W.6(S,3$U9#=D83X\,V(X9F(P,3DU,#1F864T-V(T9&4Y
M-&0Q9#$V8V4P8F$^73X^#0IS=&%R='AR968-"C`-"B4E14]&#0H@("`@("`@
M("`@("`@("`@#0HX(#`@;V)J/#PO3&5N9W1H(#<T+T9I;'1E<B]&;&%T941E
M8V]D92],(#@S+U,@,SD^/G-T<F5A;0T*>-IB8&#@86!@6L``!&*N#*B`&8A9
M&#@:&)B0!'F@F(%!B8&']4(21^%<!F97B5/>?`YG>0VTP#*,#`P23X$T2)\%
M0(`!`"EX"%T-"F5N9'-T<F5A;0UE;F1O8FH--R`P(&]B:CP\+U!A9V5S(#,@
M,"!2+U1Y<&4O0V%T86QO9R]086=E3&%B96QS(#$@,"!2+TUE=&%D871A(#0@
M,"!2/CX-96YD;V)J#3D@,"!O8FH\/"]#;VYT96YT<R`Q-"`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(#$R(#`@4B]45#8@,34@,"!2/CXO4')O8U-E
M=%LO4$1&+U1E>'1=+T5X=$=3=&%T93P\+T=3,2`R,"`P(%(^/CX^#65N9&]B
M:@TQ,2`P(&]B:CP\+U1Y<&4O1F]N="]%;F-O9&EN9R]7:6Y!;G-I16YC;V1I
M;F<O0F%S949O;G0O5&EM97-.97=2;VUA;E!3+4)O;&1)=&%L:6--5"]&:7)S
M=$-H87(@,S(O3&%S=$-H87(@,S(O4W5B='EP92]4<G5E5'EP92]&;VYT1&5S
M8W)I<'1O<B`Q-R`P(%(O5VED=&AS6S(U,%T^/@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."`P(%(O5VED=&AS
M6S(U,"`P(#`@,"`P(#`@,"`P(#`@,"`P(#`@,C4P(#,S,R`R-3`@,"`U,#`@
M-3`P(#4P,"`U,#`@-3`P(#`@-3`P(#4P,"`U,#`@,"`R-S@@,"`P(#`@,"`P
M(#`@-S(R(#8V-R`V-C<@-S(R(#8Q,2`U-38@,"`P(#,S,R`S.#D@-S(R(#`@
M.#@Y(#<R,B`W,C(@-34V(#`@,"`U-38@-C$Q(#<R,B`W,C(@.30T(#`@,"`P
M(#`@,"`P(#`@,"`P(#0T-"`U,#`@-#0T(#4P,"`T-#0@,S,S(#4P,"`U,#`@
M,C<X(#`@-3`P(#(W."`W-S@@-3`P(#4P,"`U,#`@,"`S,S,@,S@Y(#(W."`U
M,#`@-3`P(#<R,B`U,#`@-3`P(#0T-%T^/@UE;F1O8FH-,3,@,"!O8FI;+TE#
M0T)A<V5D(#$V(#`@4ET-96YD;V)J#3$T(#`@;V)J/#PO3&5N9W1H(#@P,B]&
M:6QT97(O1FQA=&5$96-O9&4^/G-T<F5A;0T*2(FT54USFS`0O?,K]B@Z1I'X
M-+DEL=UI.TV30IOI9'H@(-MJ;<@(.:G[ZZL/,'9"IZ?:8Y`0N_OV[=OUV=N,
MPJIU+G/G+,]]H)`O'>H#45]U2PDD88BG(>1;Y^RJC:%L@>"(T#36[W2KMJP=
M`GFI+\\.`C?_H=V%UAV!E?IY(0Y3R&?=L7I`,8V&!_F;D07!A)!$>_;ZY;-S
MC[[R`A9%V?*M.\41XAL&15W!%YQA^%CP#;C?\_?&?@!EGF>R>8284`(C,?_O
M9\$>Q*X0>P@GX!,R_4?2_B%I/['X!8994Q>;"BIVR>2:_][W%N8]&EIRKM:<
M+6'^BY4[R9\8?%HN><F$8>A&L)97K)8#0SI8-#`<62=Y(59%R1[=2/$K)_"N
M+O&I33#8!`:@2@KF12MAP86Z9E(PIBRS'9<,`G7XJJ9FE=J`=VZJ*^DJ542H
M;F53>UFQ8;;`$Y?@!,'U%8"?4$+'ZMN++NY%I_45:WT-<"GVP[33T&=V#GV6
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M9VB6L-=;DR>=XI3V&,:RN3=E5&U`D:ZE+E2"!J7M=:ZL4UK)[(N]U$P$KPMA
M6#RJ8@?:R%'/!@.X;F"Y$\JQT-BM-STN"M>+<(JD[L\4J<B\!<F[\Y&6.6*S
M)\W'B9DS]X=)F[E=`W&U"!/%6^T:591Z/U5[UB^$69A]%*C]IK?86XN)O9T.
MAK_]L?CA"P6]GG_O36X!@@OYD]=M4X]UK!W/9AR@B[)L=K7D]0HN15&K?K5S
MV#2!3\>IT8?SW/DCP`"6`\*Y"@T*96YD<W1R96%M#65N9&]B:@TQ-2`P(&]B
M:CP\+U1Y<&4O1F]N="]%;F-O9&EN9R]7:6Y!;G-I16YC;V1I;F<O0F%S949O
M;G0O5&EM97-.97=2;VUA;E!3+4)O;&1-5"]&:7)S=$-H87(@,S(O3&%S=$-H
M87(@,3(Q+U-U8G1Y<&4O5')U951Y<&4O1F]N=$1E<V-R:7!T;W(@,3D@,"!2
M+U=I9'1H<ULR-3`@,"`P(#`@,"`P(#`@,"`P(#`@,"`P(#(U,"`S,S,@,C4P
M(#`@-3`P(#4P,"`U,#`@-3`P(#`@-3`P(#4P,"`U,#`@,"`U,#`@,S,S(#`@
M,"`P(#`@,"`P(#`@,"`P(#<R,B`V-C<@-C$Q(#`@,"`S.#D@,"`W-S@@,"`Y
M-#0@-S(R(#`@-C$Q(#<W."`W,C(@-34V(#8V-R`P(#`@,"`P(#<R,B`P(#`@
M,"`P(#`@,"`P(#4P,"`U-38@-#0T(#4U-B`T-#0@,S,S(#4P,"`U-38@,C<X
M(#`@,"`R-S@@.#,S(#4U-B`U,#`@-34V(#`@-#0T(#`@,S,S(#4U-B`U,#`@
M,"`P(#4P,%T^/@UE;F1O8FH-,38@,"!O8FH\/"],96YG=&@@,C4W-2]&:6QT
M97(O1FQA=&5$96-O9&4O3B`S+T%L=&5R;F%T92]$979I8V521T(^/G-T<F5A
M;0T*2(F<EGE44W<6QW]OR9Z0E;##8PU;@+`&D#5L89$=!%$(20@!$D)(V`5!
M1`44142$JI4RUFUT1D]%G2ZN8ZT.UGWJT@/U,.KH.+06UXZ=%SA'G4YGIM/O
M'^_W.?=W[^_=W[WWG?,`H">EJK75,`L`C=:@STJ,Q185%&*D"0`#"B`"$0`R
M>:TN+3LA!^"2QDNP6MP)_(N>7@>0:;TB3,K`,/#_B2W7Z0T`0!DX!RB4M7*<
M.W&NJC?H3/89G'FEE2:&41/K\01QMC2Q:IZ]YWSF.=K$"HU6@;,I9YU"HS#Q
M:9Q7UQF5.".I.'?5J97U.%_%V:7*J%'C_-P4JU'*:@%`Z2:[02DOQ]D/9[H^
M)TN"\P(`R'35.USZ#AN4#0;3I235ND:]6E5NP-SE'I@H-%2,)2GKJY0&@S!#
M)J^4Z168I%JCDVD;`9B_\YPXIMIB>)&#1:'!P4)_']$[A?JOF[]0IM[.TY/,
MN9Y!_`MO;3_G5ST*@'@6K\WZM[;2+0",KP3`\N9;F\O[`##QOAV^^,Y]^*9Y
M*3<8=&&^OO7U]3YJI=S'5-`W^I\.OT#OO,_'=-R;\F!QRC*9L<J`F>HFKZZJ
M-NJQ6IU,KL2$/QWB7QWX\WEX9RG+E'JE%H_(PZ=,K57A[=8JU`9UM193:_]3
M$W]EV$\T/]>XN&.O`:_8![`N\@#RMPL`Y=(`4K0-WX'>]"V5D@<R\#7?X=[\
MW,\)^O=3X3[3HU:MFHN39.5@<J.^;G[/]%D"`J`")N`!*V`/G($[$`)_$`+"
M032(!\D@'>2``K`4R$$YT``]J`<MH!UT@1ZP'FP"PV`[&`.[P7YP$(R#C\$)
M\$=P'GP)KH%;8!),@X=@!CP%KR`((D$,B`M900Z0*^0%^4-B*!**AU*A+*@`
M*H%4D!8R0BW0"J@'ZH>&H1W0;NCWT%'H!'0.N@1]!4U!#Z#OH)<P`M-A'FP'
MN\&^L!B.@5/@''@)K()KX":X$UX'#\&C\#[X,'P"/@]?@R?AA_`L`A`:PD<<
M$2$B1B1(.E*(E"%ZI!7I1@:1460_<@PYBUQ!)I%'R`N4B')1#!6BX6@2FHO*
MT1JT%>U%A]%=Z&'T-'H%G4)GT-<$!L&6X$4((T@)BP@J0CVABS!(V$GXB'"&
M<(TP37A*)!+Y1`$QA)A$+"!6$)N)O<2MQ`/$X\1+Q+O$61*)9$7R(D60TDDR
MDH'41=I"VD?ZC'29-$UZ3J:1'<C^Y`1R(5E+[B`/DO>0/R5?)M\COZ*P**Z4
M,$HZ14%II/11QBC'*!<ITY175#950(V@YE`KJ.W4(>I^ZAGJ;>H3&HWF1`NE
M9=+4M.6T(=KO:)_3IF@OZ!RZ)UU"+Z(;Z>OH']*/T[^B/V$P&&Z,:$8AP\!8
MQ]C-.,7XFO'<C&OF8R8U4YBUF8V8'3:[;/:826&Z,F.82YE-S$'F(>9%YB,6
MA>7&DK!DK%;6".LHZP9KELUEB]CI;`V[E[V'?8Y]GT/BN''B.0I.)^<#SBG.
M72["=>9*N'+N"NX8]PQWFD?D"7A27@6OA_=;W@1OQIQC'FB>9]Y@/F+^B?DD
M'^&[\:7\*GX?_R#_.O^EA9U%C(728HW%?HO+%L\L;2RC+966W98'+*]9OK3"
MK.*M*JTV6(U;W;%&K3VM,ZWKK;=9G[%^9,.S";>1VW3;'+2Y:0O;>MIFV3;;
M?F![P7;6SMXNT4YGM\7NE-TC>[Y]M'V%_8#]I_8/'+@.D0YJAP&'SQS^BIEC
M,5@5-H2=QF8<;1V3'(V..QPG'%\Y"9QRG3J<#CC=<:8ZBYW+G`><3SK/N#BX
MI+FTN.QUN>E*<16[EKMN=CWK^LQ-X);OMLIMW.V^P%(@%30)]@INNS/<H]QK
MW$?=KWH0/<0>E1Y;/;[TA#V#/,L]1SPO>L%>P5YJKZU>E[P)WJ'>6N]1[QM"
MNC!&6"?<*YSRX?ND^G3XC/L\]G7Q+?3=X'O6][5?D%^5WYC?+1%'E"SJ$!T3
M?>?OZ2_W'_&_&L`(2`AH"S@2\&V@5Z`R<%O@GX.X06E!JX).!OTC."18'[P_
M^$&(2TA)R'LA-\0\<8:X5_QY*"$T-K0M]./0%V'!88:P@V%_#Q>&5X;O";^_
M0+!`N6!LP=T(IPA9Q(Z(R4@LLB3R_<C)*,<H6=1HU#?1SM&*Z)W1]V(\8BIB
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MO[LQ;>/A`6R@>^#[3<6;S@T&#F[?3-ULW#PYE/I/`*0!6_Z8N)DDF9"9_)IH
MFM6;0INOG!R<B9SWG62=TIY`GJZ?'9^+G_J@::#8H4>AMJ(FHI:C!J-VH^:D
M5J3'I3BEJ:8:IHNF_:=NI^"H4JC$J3>IJ:H<JH^K`JMUJ^FL7*S0K42MN*XM
MKJ&O%J^+L`"P=;#JL6"QUK)+LL*S.+.NM"6TG+43M8JV`;9YMO"W:+?@N%FX
MT;E*N<*Z.[JUNRZ[I[PAO)N]%;V/O@J^A+[_OWJ_]<!PP.S!9\'CPE_"V\-8
MP]3$4<3.Q4O%R,9&QL/'0<>_R#W(O,DZR;G*.,JWRS;+MLPUS+7--<VUSC;.
MML\WS[C0.="ZT3S1OM(_TL'31-/&U$G4R]5.U='65=;8UUS7X-ADV.C9;-GQ
MVG;:^]N`W`7<BMT0W9;>'-ZBWRG?K^`VX+WA1.',XE/BV^-CX^OD<^3\Y83F
M#>:6YQ_GJ>@RZ+SI1NG0ZEOJY>MPZ_OLANT1[9SN*.ZT[T#OS/!8\.7Q<O'_
M\HSS&?.G]#3TPO50]=[V;?;[]XKX&?BH^3CYQ_I7^N?[=_P'_)C]*?VZ_DO^
MW/]M__\"#`#WA//["@T*96YD<W1R96%M#65N9&]B:@TQ-R`P(&]B:CP\+U1Y
M<&4O1F]N=$1E<V-R:7!T;W(O1F]N=$)";WA;+34T-R`M,S`W(#$R,#8@,3`S
M,ETO1F]N=$YA;64O5&EM97-.97=2;VUA;E!3+4)O;&1)=&%L:6--5"]&;&%G
M<R`Y."]3=&5M5B`Q,38N.#8W,#`T+T-A<$AE:6=H="`V-38O6$AE:6=H="`T
M-C@O07-C96YT(#@Y,2]$97-C96YT("TR,38O271A;&EC06YG;&4@+3$U+T9O
M;G1&86UI;'DH5&EM97,@3F5W(%)O;6%N*2]&;VYT4W1R971C:"].;W)M86PO
M1F]N=%=E:6=H="`W,#`^/@UE;F1O8FH-,3@@,"!O8FH\/"]4>7!E+T9O;G1$
M97-C<FEP=&]R+T9O;G1"0F]X6RTU-C@@+3,P-R`R,#`P(#$P,#==+T9O;G1.
M86UE+U1I;65S3F5W4F]M86Y04TU4+T9L86=S(#,T+U-T96U6(#@R+T-A<$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.2`P(&]B
M:CP\+U1Y<&4O1F]N=$1E<V-R:7!T;W(O1F]N=$)";WA;+34U."`M,S`W(#(P
M,#`@,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(P(#`@;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,S0T+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$S
M+"!F<F%M97=O<FL@,2XV)SX-"CQR9&8Z4D1&('AM;&YS.G)D9CTG:'1T<#HO
M+W=W=RYW,RYO<F<O,3DY.2\P,B\R,BUR9&8M<WEN=&%X+6YS(R<@>&UL;G,Z
M:5@])VAT='`Z+R]N<RYA9&]B92YC;VTO:5@O,2XP+R<^#0H\<F1F.D1E<V-R
M:7!T:6]N(')D9CIA8F]U=#TG=75I9#HY,31D83DX,2TV,S$S+31B9&$M.&(X
M8BUF93@X,C,X-F(T8C4G('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`@*%=I;F1O=W,I)SX\+W)D9CI$97-C<FEP=&EO;CX-"CQR9&8Z1&5S8W)I
M<'1I;VX@<F1F.F%B;W5T/2=U=6ED.CDQ-&1A.3@Q+38S,3,M-&)D82TX8CAB
M+69E.#@R,S@V8C1B-2<@>&UL;G,Z>&%P/2=H='1P.B\O;G,N861O8F4N8V]M
M+WAA<"\Q+C`O)R!X87`Z0W)E871O<E1O;VP])U!38W)I<'0U+F1L;"!697)S
M:6]N(#4N,BXR)R!X87`Z36]D:69Y1&%T93TG,C`P."TP,BTP-%0P.3HQ,SHQ
M,2TP-3HP,"<@>&%P.D-R96%T941A=&4])S(P,#@M,#(M,#14,#DZ,3,Z,3$M
M,#4Z,#`G/CPO<F1F.D1E<V-R:7!T:6]N/@T*/')D9CI$97-C<FEP=&EO;B!R
M9&8Z86)O=70])W5U:60Z.3$T9&$Y.#$M-C,Q,RTT8F1A+3AB.&(M9F4X.#(S
M.#9B-&(U)R!X;6QN<SIX87!-33TG:'1T<#HO+VYS+F%D;V)E+F-O;2]X87`O
M,2XP+VUM+R<@>&%P34TZ1&]C=6UE;G1)1#TG=75I9#HV869B,&(V9BUF8C8P
M+31A.30M.68S,BTT-#AA,S%D,S(S9&$G+SX-"CQR9&8Z1&5S8W)I<'1I;VX@
M<F1F.F%B;W5T/2=U=6ED.CDQ-&1A.3@Q+38S,3,M-&)D82TX8CAB+69E.#@R
M,S@V8C1B-2<@>&UL;G,Z9&,])VAT='`Z+R]P=7)L+F]R9R]D8R]E;&5M96YT
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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("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@"B`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`*("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@(`H@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@"B`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`*("`@("`@
M("`@("`@("`@("`@("`@("`@("`@"CP_>'!A8VME="!E;F0])W<G/SX-"F5N
M9'-T<F5A;0UE;F1O8FH--2`P(&]B:CP\+TUO9$1A=&4H1#HR,#`X,#(P-#`Y
M,3,Q,2TP-2<P,"<I+T-R96%T:6]N1&%T92A$.C(P,#@P,C`T,#DQ,S$Q+3`U
M)S`P)RDO5&ET;&4H36EC<F]S;V9T(%=O<F0@+2!487)G86-E<'0M,3!K+3$R
M,#8M3&9I;BYD;V,I+T-R96%T;W(H4%-C<FEP=#4N9&QL(%9E<G-I;VX@-2XR
M+C(I+U!R;V1U8V5R*$%C<F]B870@1&ES=&EL;&5R(#8N,"!<*%=I;F1O=W-<
M*2DO075T:&]R*&EN;VLI/CX-96YD;V)J#7AR968-"C`@-@T*,#`P,#`P,#`P
M,"`V-34S-2!F#0HP,#`P,#`V-3(T(#`P,#`P(&X-"C`P,#`P,#8U-3<@,#`P
M,#`@;@T*,#`P,#`P-C4X,"`P,#`P,"!N#0HP,#`P,#`V-C,P(#`P,#`P(&X-
M"C`P,#`P,3`P-3`@,#`P,#`@;@T*=')A:6QE<@T*/#PO4VEZ92`V/CX-"G-T
587)T>')E9@T*,3$V#0HE)45/1@T*
`
end
</PDF>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----