0000932471-13-000606.txt : 20130131 0000932471-13-000606.hdr.sgml : 20130131 20130131080040 ACCESSION NUMBER: 0000932471-13-000606 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 7 FILED AS OF DATE: 20130131 DATE AS OF CHANGE: 20130131 EFFECTIVENESS DATE: 20130131 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VANGUARD INDEX FUNDS CENTRAL INDEX KEY: 0000036405 IRS NUMBER: 231999755 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-56846 FILM NUMBER: 13560813 BUSINESS ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482 BUSINESS PHONE: 6106691000 MAIL ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482 FORMER COMPANY: FORMER CONFORMED NAME: VANGUARD INDEX FUNDS/ DATE OF NAME CHANGE: 20011121 FORMER COMPANY: FORMER CONFORMED NAME: VANGUARD INDEX TRUST DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: FIRST INDEX INVESTMENT TRUST DATE OF NAME CHANGE: 19800904 0000036405 S000002843 Vanguard Large-Cap Index Fund C000007787 Investor Shares VLACX C000007788 Admiral Shares VLCAX C000007789 Institutional Shares VLISX C000007790 ETF Shares VV C000035206 Signal Shares VLCSX 0000036405 S000002844 Vanguard Mid-Cap Index Fund C000007791 Investor Shares VIMSX C000007792 Admiral Shares VIMAX C000007793 Institutional Shares VMCIX C000007794 ETF Shares VO C000035207 Signal Shares VMISX C000096111 Institutional Plus Shares VMCPX 0000036405 S000002845 Vanguard Small-Cap Index Fund C000007795 Investor Shares NAESX C000007796 Admiral Shares VSMAX C000007797 Institutional Shares VSCIX C000007798 ETF Shares VB C000035208 Signal Shares VSISX C000096112 Institutional Plus Shares VSCPX 497 1 largemidsmallcapindex497e.htm LARGE, MID & SMALL CAP INDEX SUPPLEMENTS 01312013 largemidsmallcapindex497e.htm - Generated by SEC Publisher for SEC Filing

Vanguard Large-Cap Index Fund
Vanguard Mid-Cap Index Fund
Vanguard Small-Cap Index Fund

 

Supplement to the Prospectuses and Summary Prospectuses for
Exchange-Traded Fund Shares

 

New Target Index

Effective immediately, Vanguard Large-Cap Index Fund, Vanguard Mid-Cap Index Fund, and Vanguard Small-Cap Index Fund have begun tracking new target indexes, as previously approved by the Funds’ boards of trustees. The boards believe that the new indexes, listed below, are well-constructed and offer comprehensive coverage of the Funds’ respective market segments. In addition, Vanguard’s agreement with the new index provider may result in considerable savings to shareholders over time in the form of lower expense ratios.

Vanguard Fund Previous Target Index New Target Index
Large-Cap Index Fund MSCI US Prime Market 750 Index CRSP US Large Cap Index
Mid-Cap Index Fund MSCI US Mid Cap 450 Index CRSP US Mid Cap Index
Small-Cap Index Fund MSCI US Small Cap 1750 Index CRSP US Small Cap Index

 

Each new index measures the same market segment as the corresponding previous index, so the investment objectives and risks described in each Fund’s current prospectus will not change. A Fund’s new target index could provide different investment returns (either lower or higher) or different levels of volatility from those of the previous index.

 

Prospectus and Summary Prospectus Text Changes for Vanguard Large-Cap Index Fund

The paragraph under “Primary Investment Strategies” is replaced with the following:

The Fund employs an indexing investment approach designed to track the performance of the CRSP US Large Cap Index, a broadly diversified index of large U.S. companies representing approximately the top 85% of the U.S. market capitalization. The Fund attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the Index, holding each stock in approximately the same proportion as its weighting in the Index.

The paragraph under “Annual Total Returns” is replaced with the following:

The following bar chart and table are intended to help you understand the risks of investing in the Fund. The bar chart shows how the performance of the Fund’s ETF Shares (based on NAV) has varied from one calendar year to another over the periods shown. The table shows how the average annual total returns of the ETF Shares compare with those of a relevant market index, which has investment characteristics similar to those of the Fund. Keep in mind that the Fund’s past performance (before and after taxes) does not indicate how the Fund will perform in the future. Updated performance information is available on our website at vanguard.com/performance or by calling Vanguard toll-free at 800-662-7447.

The following credit line is added:

Vanguard funds are not sponsored, endorsed, sold, or promoted by the University of Chicago or its Center for Research in Security Prices, and neither the University of Chicago nor its Center for Research in Security Prices makes any representation regarding the advisability of investing in the funds.

Prospectus and Summary Prospectus Text Changes for Vanguard Mid-Cap Index Fund

The paragraph under “Primary Investment Strategies” is replaced with the following:

The Fund employs an indexing investment approach designed to track the performance of the CRSP US Mid Cap Index, a broadly diversified index of stocks of mid-size U.S. companies. The Fund attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the Index, holding each stock in approximately the same proportion as its weighting in the Index.

 

The paragraph under “Annual Total Returns” is replaced with the following:

The following bar chart and table are intended to help you understand the risks of investing in the Fund. The bar chart shows how the performance of the Fund’s ETF Shares (based on NAV) has varied from one calendar year to another over the periods shown. The table shows how the average annual total returns of the ETF Shares compare with those of a relevant market index, which has investment characteristics similar to those of the Fund. Keep in mind that the Fund’s past performance (before and after taxes) does not indicate how the Fund will perform in the future. Updated performance information is available on our website at vanguard.com/performance or by calling Vanguard toll-free
at 800-662-7447.

The following credit line is added:

Vanguard funds are not sponsored, endorsed, sold, or promoted by the University of Chicago or its Center for Research in Security Prices, and neither the University of Chicago nor its Center for Research in Security Prices makes any representation regarding the advisability of investing in the funds.

Prospectus and Summary Prospectus Text Changes for Vanguard Small-Cap Index Fund

The paragraph and table under “Fees and Expenses” is replaced with the following:

Fees and Expenses

The following table describes the fees and expenses you may pay if you buy and hold ETF Shares of the Fund.

Shareholder Fees
(Fees paid directly from your investment)

Transaction Fee on Purchases and Sales None through Vanguard
  (Broker fees vary)
Transaction Fee on Reinvested Dividends None through Vanguard
  (Broker fees vary)
Transaction Fee on Conversion to ETF Shares None through Vanguard
  (Broker fees vary)

 

 

Annual Fund Operating Expenses  
(Expenses that you pay each year as a percentage of the value of your investment)
 
Management Expenses 0.06%
12b-1 Distribution Fee None
Other Expenses 0.04%
Total Annual Fund Operating Expenses1 0.10%
1 The expense information shown in the table has been restated to reflect the removal of expenses incurred
indirectly by the Fund through its investment in business development companies. The Fund's target benchmark no
longer includes business development companies.  

 

In the same section, under “Example,” the table illustrating hypothetical expenses is restated as follows:

1 Year 3 Years 5 Years 10 Years
$10 $32 $56 $128

 

The paragraph under “Primary Investment Strategies” is replaced with the following:

The Fund employs an indexing investment approach designed to track the performance of the CRSP US Small Cap Index, a broadly diversified index of stocks of small U.S. companies. The Fund attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the Index, holding each stock in approximately the same proportion as its weighting in the Index.

The paragraph under “Annual Total Returns” is replaced with the following:

The following bar chart and table are intended to help you understand the risks of investing in the Fund. The bar chart shows how the performance of the Fund’s ETF Shares (based on NAV) has varied from one calendar year to another over the periods shown. The table shows how the average annual total returns of the ETF Shares compare with those of a relevant market index, which has investment characteristics similar to those of the Fund. Keep in mind that the Fund’s past performance (before and after taxes) does not indicate how the Fund will perform in the future. Updated performance information is available on our website at vanguard.com/performance or by calling Vanguard toll-free
at 800-662-7447.

 

The following credit line is added:

Vanguard funds are not sponsored, endorsed, sold, or promoted by the University of Chicago or its Center for Research in Security Prices, and neither the University of Chicago nor its Center for Research in Security Prices makes any representation regarding the advisability of investing in the funds.

 

Vanguard funds are not sponsored, endorsed, sold, or promoted by the University of Chicago or its Center for Research in Security Prices, and neither the University of Chicago nor its Center for Research in Security Prices makes any representation regarding the advisability of investing in the funds.

© 2013 The Vanguard Group, Inc. All rights reserved.  
Vanguard Marketing Corporation, Distributor. PS LMSE 012013

 

 

Vanguard Large-Cap Index Fund
Vanguard Mid-Cap Index Fund
Vanguard Small-Cap Index Fund

 

Supplement to the Prospectuses and Summary Prospectuses for Institutional Shares and Institutional Plus Shares

New Target Index

Effective immediately, Vanguard Large-Cap Index Fund, Vanguard Mid-Cap Index Fund, and Vanguard Small-Cap Index Fund have begun tracking new target indexes, as previously approved by the Funds’ boards of trustees. The boards believe that the new indexes, listed below, are well-constructed and offer comprehensive coverage of the Funds’ respective market segments. In addition, Vanguard’s agreement with the new index provider may result in considerable savings to shareholders over time in the form of lower expense ratios.

Vanguard Fund Previous Target Index New Target Index
Large-Cap Index Fund MSCI US Prime Market 750 Index CRSP US Large Cap Index
Mid-Cap Index Fund MSCI US Mid Cap 450 Index CRSP US Mid Cap Index
Small-Cap Index Fund MSCI US Small Cap 1750 Index CRSP US Small Cap Index

 

Each new index measures the same market segment as the corresponding previous index, so the investment objectives and risks described in each Fund’s current prospectus will not change. A Fund’s new target index could provide different investment returns (either lower or higher) or different levels of volatility from those of the previous index.

 

Prospectus and Summary Prospectus Text Changes for Vanguard Large-Cap Index Fund

The paragraph under “Primary Investment Strategies” is replaced with the following:

The Fund employs an indexing investment approach designed to track the performance of the CRSP US Large Cap Index, a broadly diversified index of large U.S. companies representing approximately the top 85% of the U.S. market capitalization. The Fund attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the Index, holding each stock in approximately the same proportion as its weighting in the Index.

The paragraph under “Annual Total Returns” is replaced with the following:

The following bar chart and table are intended to help you understand the risks of investing in the Fund. The bar chart shows how the performance of the Fund’s Institutional Shares has varied from one calendar year to another over the periods shown. The table shows how the average annual total returns of the Institutional Shares compare with those of a relevant market index, which has investment characteristics similar to those of the Fund. Keep in mind that the Fund’s past performance (before and after taxes) does not indicate how the Fund will perform in the future. Updated performance information is available on our website at vanguard.com/performance or by calling Vanguard toll-free at 800-662-7447.

The following credit line is added:

Vanguard funds are not sponsored, endorsed, sold, or promoted by the University of Chicago or its Center for Research in Security Prices, and neither the University of Chicago nor its Center for Research in Security Prices makes any representation regarding the advisability of investing in the funds.

Prospectus and Summary Prospectus Text Changes for Vanguard Mid-Cap Index Fund

The paragraph under “Primary Investment Strategies” is replaced with the following:

The Fund employs an indexing investment approach designed to track the performance of the CRSP US Mid Cap Index, a broadly diversified index of stocks of mid-size U.S. companies. The Fund attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the Index, holding each stock in approximately the same proportion as its weighting in the Index.

 

The paragraph under “Annual Total Returns” is replaced with the following:

The following bar chart and table are intended to help you understand the risks of investing in the Fund. The bar chart shows how the performance of the Fund’s Institutional Shares has varied from one calendar year to another over the periods shown. The table shows how the average annual total returns of the share classes presented compare with those of a relevant market index and other comparative indexes, which have investment characteristics similar to those of the Fund. Keep in mind that the Fund’s past performance (before and after taxes) does not indicate how the Fund will perform in the future. Updated performance information is available on our website at vanguard.com/performance or by calling Vanguard toll-free at 800-662-7447.

The following credit line is added:

Vanguard funds are not sponsored, endorsed, sold, or promoted by the University of Chicago or its Center for Research in Security Prices, and neither the University of Chicago nor its Center for Research in Security Prices makes any representation regarding the advisability of investing in the funds.

Prospectus and Summary Prospectus Text Changes for Vanguard Small-Cap Index Fund

The paragraph and table under “Fees and Expenses” is replaced with the following:

Fees and Expenses

The following table describes the fees and expenses you may pay if you buy and hold Institutional Shares or Institutional Plus Shares of the Fund.

Shareholder Fees    
(Fees paid directly from your investment)    
  Institutional Institutional Plus
  Shares Shares
Sales Charge (Load) Imposed on Purchases None None
Purchase Fee None None
Sales Charge (Load) Imposed on Reinvested Dividends None None
Redemption Fee None None

 

 

Annual Fund Operating Expenses    
(Expenses that you pay each year as a percentage of the value of your investment)
  Institutional Institutional Plus
  Shares Shares
Management Expenses 0.05% 0.04%
12b-1 Distribution Fee None None
Other Expenses 0.03% 0.02%
Total Annual Fund Operating Expenses1 0.08% 0.06%
1 The expense information shown in the table has been restated to reflect the removal of expenses incurred
indirectly by the Fund through its investment in business development companies. The Fund's target benchmark no
longer includes business development companies.    

 

In the same section, under “Examples,” the table illustrating hypothetical expenses is restated as follows:

  1 Year 3 Years 5 Years 10 Years
Institutional Shares $8 $26 $45 $103
Institutional Plus Shares $6 $19 $34 $77

 

The paragraph under “Primary Investment Strategies” is replaced with the following:

The Fund employs an indexing investment approach designed to track the performance of the CRSP US Small Cap Index, a broadly diversified index of stocks of small U.S. companies. The Fund attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the Index, holding each stock in approximately the same proportion as its weighting in the Index.

The paragraph under “Annual Total Returns” is replaced with the following:

The following bar chart and table are intended to help you understand the risks of investing in the Fund. The bar chart shows how the performance of the Fund’s Institutional Shares has varied from one calendar year to another over the periods shown. The table shows how the average annual total returns of the share classes presented compare with those of a relevant market index and other comparative indexes, which have investment characteristics similar to those of the Fund. Keep in mind that the Fund’s past performance (before and after taxes) does not indicate how the Fund will perform in the future. Updated performance information is available on our website at vanguard.com/performance or by calling Vanguard toll-free at 800-662-7447.

 

The following credit line is added:

Vanguard funds are not sponsored, endorsed, sold, or promoted by the University of Chicago or its Center for Research in Security Prices, and neither the University of Chicago nor its Center for Research in Security Prices makes any representation regarding the advisability of investing in the funds.

 

Vanguard funds are not sponsored, endorsed, sold, or promoted by the University of Chicago or its Center for Research in Security Prices, and neither the University of Chicago nor its Center for Research in Security Prices makes any representation regarding the advisability of investing in the funds.

© 2013 The Vanguard Group, Inc. All rights reserved.  
Vanguard Marketing Corporation, Distributor. PS LMSIN 012013

 

 

Vanguard Large-Cap Index Fund
Vanguard Mid-Cap Index Fund
Vanguard Small-Cap Index Fund

 

Supplement to the Prospectuses and Summary Prospectuses for Investor Shares for Participants

New Target Index

Effective immediately, Vanguard Large-Cap Index Fund, Vanguard Mid-Cap Index Fund, and Vanguard Small-Cap Index Fund have begun tracking new target indexes, as previously approved by the Funds’ boards of trustees. The boards believe that the new indexes, listed below, are well-constructed and offer comprehensive coverage of the Funds’ respective market segments. In addition, Vanguard’s agreement with the new index provider may result in considerable savings to shareholders over time in the form of lower expense ratios.

Vanguard Fund Previous Target Index New Target Index
Large-Cap Index Fund MSCI US Prime Market 750 Index CRSP US Large Cap Index
Mid-Cap Index Fund MSCI US Mid Cap 450 Index CRSP US Mid Cap Index
Small-Cap Index Fund MSCI US Small Cap 1750 Index CRSP US Small Cap Index

 

Each new index measures the same market segment as the corresponding previous index, so the investment objectives and risks described in each Fund’s current prospectus will not change. A Fund’s new target index could provide different investment returns (either lower or higher) or different levels of volatility from those of the previous index.

 

Prospectus and Summary Prospectus Text Changes for Vanguard Large-Cap Index Fund

The paragraph under “Primary Investment Strategies” is replaced with the following:

The Fund employs an indexing investment approach designed to track the performance of the CRSP US Large Cap Index, a broadly diversified index of large U.S. companies representing approximately the top 85% of the U.S. market capitalization. The Fund attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the Index, holding each stock in approximately the same proportion as its weighting in the Index.

The paragraph under “Annual Total Returns” is replaced with the following:

The following bar chart and table are intended to help you understand the risks of investing in the Fund. The bar chart shows how the performance of the Fund’s Investor Shares has varied from one calendar year to another over the periods shown. The table shows how the average annual total returns compare with those of a relevant market index, which has investment characteristics similar to those of the Fund. Keep in mind that the Fund’s past performance does not indicate how the Fund will perform in the future. Updated performance information is available on our website at vanguard.com/performance or by calling Vanguard toll-free at 800-662-7447.

The following credit line is added:

Vanguard funds are not sponsored, endorsed, sold, or promoted by the University of Chicago or its Center for Research in Security Prices, and neither the University of Chicago nor its Center for Research in Security Prices makes any representation regarding the advisability of investing in the funds.

Prospectus and Summary Prospectus Text Changes for Vanguard Mid-Cap Index Fund

The paragraph under “Primary Investment Strategies” is replaced with the following:

The Fund employs an indexing investment approach designed to track the performance of the CRSP US Mid Cap Index, a broadly diversified index of stocks of mid-size U.S. companies. The Fund attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the Index, holding each stock in approximately the same proportion as its weighting in the Index.

 

The paragraph under “Annual Total Returns” is replaced with the following:

The following bar chart and table are intended to help you understand the risks of investing in the Fund. The bar chart shows how the performance of the Fund’s Investor Shares has varied from one calendar year to another over the periods shown. The table shows how the average annual total returns compare with those of a relevant market index and other comparative indexes, which have investment characteristics similar to those of the Fund. Keep in mind that the Fund’s past performance does not indicate how the Fund will perform in the future. Updated performance information is available on our website at vanguard.com/performance or by calling Vanguard toll-free at 800-662-7447.

The following credit line is added:

Vanguard funds are not sponsored, endorsed, sold, or promoted by the University of Chicago or its Center for Research in Security Prices, and neither the University of Chicago nor its Center for Research in Security Prices makes any representation regarding the advisability of investing in the funds.

Prospectus and Summary Prospectus Text Changes for Vanguard Small-Cap Index Fund

The paragraph and table under “Fees and Expenses” is replaced with the following:

Fees and Expenses

The following table describes the fees and expenses you may pay if you buy and hold Investor Shares of the Fund.

Shareholder Fees  
(Fees paid directly from your investment)  
 
Sales Charge (Load) Imposed on Purchases None
Purchase Fee None
Sales Charge (Load) Imposed on Reinvested Dividends None
Redemption Fee None

 

 

Annual Fund Operating Expenses  
(Expenses that you pay each year as a percentage of the value of your investment)
 
Management Expenses 0.20%
12b-1 Distribution Fee None
Other Expenses 0.04%
Total Annual Fund Operating Expenses1 0.24%
1 The expense information shown in the table has been restated to reflect the removal of expenses incurred
indirectly by the Fund through its investment in business development companies. The Fund's target benchmark no
longer includes business development companies.  

 

In the same section, under “Example,” the table illustrating hypothetical expenses is restated as follows:

1 Year 3 Years 5 Years 10 Years
$25 $77 $135 $306

 

The paragraph under “Primary Investment Strategies” is replaced with the following:

The Fund employs an indexing investment approach designed to track the performance of the CRSP US Small Cap Index, a broadly diversified index of stocks of small U.S. companies. The Fund attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the Index, holding each stock in approximately the same proportion as its weighting in the Index.

The paragraph under “Annual Total Returns” is replaced with the following:

The following bar chart and table are intended to help you understand the risks of investing in the Fund. The bar chart shows how the performance of the Fund’s Investor Shares has varied from one calendar year to another over the periods shown. The table shows how the average annual total returns compare with those of a relevant market index and other comparative indexes, which have investment characteristics similar to those of the Fund. Keep in mind that the Fund’s past performance does not indicate how the Fund will perform in the future. Updated performance information is available on our website at vanguard.com/performance or by calling Vanguard toll-free at 800-662-7447.

 

The following credit line is added:

Vanguard funds are not sponsored, endorsed, sold, or promoted by the University of Chicago or its Center for Research in Security Prices, and neither the University of Chicago nor its Center for Research in Security Prices makes any representation regarding the advisability of investing in the funds.

 

Vanguard funds are not sponsored, endorsed, sold, or promoted by the University of Chicago or its Center for Research in Security Prices, and neither the University of Chicago nor its Center for Research in Security Prices makes any representation regarding the advisability of investing in the funds.

© 2013 The Vanguard Group, Inc. All rights reserved.  
Vanguard Marketing Corporation, Distributor. PS LMSIP 012013

 

 

Vanguard Large-Cap Index Fund
Vanguard Mid-Cap Index Fund
Vanguard Small-Cap Index Fund

 

Supplement to the Prospectuses and Summary Prospectuses for Investor Shares and Admiral™ Shares

New Target Index

Effective immediately, Vanguard Large-Cap Index Fund, Vanguard Mid-Cap Index Fund, and Vanguard Small-Cap Index Fund have begun tracking new target indexes, as previously approved by the Funds’ boards of trustees. The boards believe that the new indexes, listed below, are well-constructed and offer comprehensive coverage of the Funds’ respective market segments. In addition, Vanguard’s agreement with the new index provider may result in considerable savings to shareholders over time in the form of lower expense ratios.

Vanguard Fund Previous Target Index New Target Index
Large-Cap Index Fund MSCI US Prime Market 750 Index CRSP US Large Cap Index
Mid-Cap Index Fund MSCI US Mid Cap 450 Index CRSP US Mid Cap Index
Small-Cap Index Fund MSCI US Small Cap 1750 Index CRSP US Small Cap Index

 

Each new index measures the same market segment as the corresponding previous index, so the investment objectives and risks described in each Fund’s current prospectus will not change. A Fund’s new target index could provide different investment returns (either lower or higher) or different levels of volatility from those of the previous index.

 

Prospectus and Summary Prospectus Text Changes for Vanguard Large-Cap Index Fund

The paragraph under “Primary Investment Strategies“ is replaced with the following:

The Fund employs an indexing investment approach designed to track the performance of the CRSP US Large Cap Index, a broadly diversified index of large U.S. companies representing approximately the top 85% of the U.S. market capitalization. The Fund attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the Index, holding each stock in approximately the same proportion as its weighting in the Index.

The paragraph under “Annual Total Returns“ is replaced with the following:

The following bar chart and table are intended to help you understand the risks of investing in the Fund. The bar chart shows how the performance of the Fund’s Investor Shares has varied from one calendar year to another over the periods shown. The table shows how the average annual total returns of the share classes presented compare with those of a relevant market index, which has investment characteristics similar to those of the Fund. Keep in mind that the Fund’s past performance (before and after taxes) does not indicate how the Fund will perform in the future. Updated performance information is available on our website at vanguard.com/performance or by calling Vanguard toll-free
at 800-662-7447.

The following credit line is added:

Vanguard funds are not sponsored, endorsed, sold, or promoted by the University of Chicago or its Center for Research in Security Prices, and neither the University of Chicago nor its Center for Research in Security Prices makes any representation regarding the advisability of investing in the funds.

Prospectus and Summary Prospectus Text Changes for Vanguard Mid-Cap Index Fund

The paragraph under “Primary Investment Strategies“ is replaced with the following:

The Fund employs an indexing investment approach designed to track the performance of the CRSP US Mid Cap Index, a broadly diversified index of stocks of mid-size U.S. companies. The Fund attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the Index, holding each stock in approximately the same proportion as its weighting in the Index.

 

The paragraph under “Annual Total Returns“ is replaced with the following:

The following bar chart and table are intended to help you understand the risks of investing in the Fund. The bar chart shows how the performance of the Fund’s Investor Shares has varied from one calendar year to another over the periods shown. The table shows how the average annual total returns of the share classes presented compare with those of a relevant market index and other comparative indexes, which have investment characteristics similar to those of the Fund. Keep in mind that the Fund’s past performance (before and after taxes) does not indicate how the Fund will perform in the future. Updated performance information is available on our website at vanguard.com/performance or by calling Vanguard toll-free at 800-662-7447.

The following credit line is added:

Vanguard funds are not sponsored, endorsed, sold, or promoted by the University of Chicago or its Center for Research in Security Prices, and neither the University of Chicago nor its Center for Research in Security Prices makes any representation regarding the advisability of investing in the funds.

Prospectus and Summary Prospectus Text Changes for Vanguard Small-Cap Index Fund

The paragraph and table under “Fees and Expenses“ is replaced with the following:

Fees and Expenses

The following table describes the fees and expenses you may pay if you buy and hold Investor Shares or Admiral Shares of the Fund.

Shareholder Fees    
(Fees paid directly from your investment)    
  Investor Admiral
  Shares Shares
Sales Charge (Load) Imposed on Purchases None None
Purchase Fee None None
Sales Charge (Load) Imposed on Reinvested Dividends None None
Redemption Fee None None
Account Service Fee (for fund account balances below $10,000) $20/year $20/year

 

 

Annual Fund Operating Expenses    
(Expenses that you pay each year as a percentage of the value of your investment)
  Investor Shares Admiral Shares
Management Expenses 0.20% 0.08%
12b-1 Distribution Fee None None
Other Expenses 0.04% 0.02%
Total Annual Fund Operating Expenses1 0.24% 0.10%
1 The expense information shown in the table has been restated to reflect the removal of expenses incurred
indirectly by the Fund through its investment in business development companies. The Fund's target benchmark no
longer includes business development companies.    

 

In the same section, under “Examples,“ the table illustrating hypothetical expenses is restated as follows:

  1 Year 3 Years 5 Years 10 Years
Investor Shares $25 $77 $135 $306
Admiral Shares $10 $32 $56 $128

 

The paragraph under “Primary Investment Strategies“ is replaced with the following:

The Fund employs an indexing investment approach designed to track the performance of the CRSP US Small Cap Index, a broadly diversified index of stocks of small U.S. companies. The Fund attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the Index, holding each stock in approximately the same proportion as its weighting in the Index.

The paragraph under “Annual Total Returns“ is replaced with the following:

The following bar chart and table are intended to help you understand the risks of investing in the Fund. The bar chart shows how the performance of the Fund’s Investor Shares has varied from one calendar year to another over the periods shown. The table shows how the average annual total returns of the share classes presented compare with those of a relevant market index and other comparative indexes, which have investment characteristics similar to those of the Fund. Keep in mind that the Fund’s past performance (before and after taxes) does not indicate how the Fund will perform in the future. Updated performance information is available on our website at vanguard.com/performance or by calling Vanguard toll-free at 800-662-7447.

 

The following credit line is added:

Vanguard funds are not sponsored, endorsed, sold, or promoted by the University of Chicago or its Center for Research in Security Prices, and neither the University of Chicago nor its Center for Research in Security Prices makes any representation regarding the advisability of investing in the funds.

 

Vanguard funds are not sponsored, endorsed, sold, or promoted by the University of Chicago or its Center for Research in Security Prices, and neither the University of Chicago nor its Center for Research in Security Prices makes any representation regarding the advisability of investing in the funds.

© 2013 The Vanguard Group, Inc. All rights reserved.  
Vanguard Marketing Corporation, Distributor. PS LMSR 012013

 

 

Vanguard Large-Cap Index Fund
Vanguard Mid-Cap Index Fund
Vanguard Small-Cap Index Fund

 

Supplement to the Prospectuses and Summary Prospectuses for Signal® Shares for Participants

New Target Index

Effective immediately, Vanguard Large-Cap Index Fund, Vanguard Mid-Cap Index Fund, and Vanguard Small-Cap Index Fund have begun tracking new target indexes, as previously approved by the Funds’ boards of trustees. The boards believe that the new indexes, listed below, are well-constructed and offer comprehensive coverage of the Funds’ respective market segments. In addition, Vanguard’s agreement with the new index provider may result in considerable savings to shareholders over time in the form of lower expense ratios.

Vanguard Fund Previous Target Index New Target Index
Large-Cap Index Fund MSCI US Prime Market 750 Index CRSP US Large Cap Index
Mid-Cap Index Fund MSCI US Mid Cap 450 Index CRSP US Mid Cap Index
Small-Cap Index Fund MSCI US Small Cap 1750 Index CRSP US Small Cap Index

 

Each new index measures the same market segment as the corresponding previous index, so the investment objectives and risks described in each Fund’s current prospectus will not change. A Fund’s new target index could provide different investment returns (either lower or higher) or different levels of volatility from those of the previous index.

 

Prospectus and Summary Prospectus Text Changes for Vanguard Large-Cap Index Fund

The paragraph under “Primary Investment Strategies” is replaced with the following:

The Fund employs an indexing investment approach designed to track the performance of the CRSP US Large Cap Index, a broadly diversified index of large U.S. companies representing approximately the top 85% of the U.S. market capitalization. The Fund attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the Index, holding each stock in approximately the same proportion as its weighting in the Index.

The paragraph under “Annual Total Returns” is replaced with the following:

The following bar chart and table are intended to help you understand the risks of investing in the Fund. The bar chart shows how the performance of the Fund’s Signal Shares has varied from one calendar year to another over the periods shown. The table shows how the average annual total returns compare with those of a relevant market index, which has investment characteristics similar to those of the Fund. Keep in mind that the Fund’s past performance does not indicate how the Fund will perform in the future. Updated performance information is available on our website at vanguard.com/performance or by calling Vanguard toll-free at 800-662-7447.

The following credit line is added:

Vanguard funds are not sponsored, endorsed, sold, or promoted by the University of Chicago or its Center for Research in Security Prices, and neither the University of Chicago nor its Center for Research in Security Prices makes any representation regarding the advisability of investing in the funds.

Prospectus and Summary Prospectus Text Changes for Vanguard Mid-Cap Index Fund

The paragraph under “Primary Investment Strategies” is replaced with the following:

The Fund employs an indexing investment approach designed to track the performance of the CRSP US Mid Cap Index, a broadly diversified index of stocks of mid-size U.S. companies. The Fund attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the Index, holding each stock in approximately the same proportion as its weighting in the Index.

 

The paragraph under “Annual Total Returns” is replaced with the following:

The following bar chart and table are intended to help you understand the risks of investing in the Fund. The bar chart shows how the performance of the Fund’s Signal Shares has varied from one calendar year to another over the periods shown. The table shows how the average annual total returns compare with those of a relevant market index, which has investment characteristics similar to those of the Fund. Keep in mind that the Fund’s past performance does not indicate how the Fund will perform in the future. Updated performance information is available on our website at vanguard.com/performance or by calling Vanguard toll-free at 800-662-7447.

The following credit line is added:

Vanguard funds are not sponsored, endorsed, sold, or promoted by the University of Chicago or its Center for Research in Security Prices, and neither the University of Chicago nor its Center for Research in Security Prices makes any representation regarding the advisability of investing in the funds.

Prospectus and Summary Prospectus Text Changes for Vanguard Small-Cap Index Fund

The paragraph and table under “Fees and Expenses” is replaced with the following:

Fees and Expenses

The following table describes the fees and expenses you may pay if you buy and hold Signal Shares of the Fund.

Shareholder Fees  
(Fees paid directly from your investment)  
 
Sales Charge (Load) Imposed on Purchases None
Purchase Fee None
Sales Charge (Load) Imposed on Reinvested Dividends None
Redemption Fee None

 

 

Annual Fund Operating Expenses  
(Expenses that you pay each year as a percentage of the value of your investment)
 
Management Expenses 0.07%
12b-1 Distribution Fee None
Other Expenses 0.03%
Total Annual Fund Operating Expenses1 0.10%
1 The expense information shown in the table has been restated to reflect the removal of expenses incurred
indirectly by the Fund through its investment in business development companies. The Fund's target benchmark no
longer includes business development companies.  

 

In the same section, under “Example,” the table illustrating hypothetical expenses is restated as follows:

1 Year 3 Years 5 Years 10 Years
$10 $32 $56 $128

 

The paragraph under “Primary Investment Strategies” is replaced with the following:

The Fund employs an indexing investment approach designed to track the performance of the CRSP US Small Cap Index, a broadly diversified index of stocks of small U.S. companies. The Fund attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the Index, holding each stock in approximately the same proportion as its weighting in the Index.

The paragraph under “Annual Total Returns” is replaced with the following:

The following bar chart and table are intended to help you understand the risks of investing in the Fund. The bar chart shows how the performance of the Fund’s Signal Shares has varied from one calendar year to another over the periods shown. The table shows how the average annual total returns compare with those of a relevant market index, which has investment characteristics similar to those of the Fund. Keep in mind that the Fund’s past performance does not indicate how the Fund will perform in the future. Updated performance information is available on our website at vanguard.com/performance or by calling Vanguard toll-free at 800-662-7447.

 

The following credit line is added:

Vanguard funds are not sponsored, endorsed, sold, or promoted by the University of Chicago or its Center for Research in Security Prices, and neither the University of Chicago nor its Center for Research in Security Prices makes any representation regarding the advisability of investing in the funds.

 

Vanguard funds are not sponsored, endorsed, sold, or promoted by the University of Chicago or its Center for Research in Security Prices, and neither the University of Chicago nor its Center for Research in Security Prices makes any representation regarding the advisability of investing in the funds.

© 2013 The Vanguard Group, Inc. All rights reserved.  
Vanguard Marketing Corporation, Distributor. PS LMSSP 012013

 

 

Vanguard Large-Cap Index Fund
Vanguard Mid-Cap Index Fund
Vanguard Small-Cap Index Fund

 

Supplement to the Prospectuses and Summary Prospectuses for Signal® Shares

New Target Index

Effective immediately, Vanguard Large-Cap Index Fund, Vanguard Mid-Cap Index Fund, and Vanguard Small-Cap Index Fund have begun tracking new target indexes, as previously approved by the Funds’ boards of trustees. The boards believe that the new indexes, listed below, are well-constructed and offer comprehensive coverage of the Funds’ respective market segments. In addition, Vanguard’s agreement with the new index provider may result in considerable savings to shareholders over time in the form of lower expense ratios.

Vanguard Fund Previous Target Index New Target Index
Large-Cap Index Fund MSCI US Prime Market 750 Index CRSP US Large Cap Index
Mid-Cap Index Fund MSCI US Mid Cap 450 Index CRSP US Mid Cap Index
Small-Cap Index Fund MSCI US Small Cap 1750 Index CRSP US Small Cap Index

 

Each new index measures the same market segment as the corresponding previous index, so the investment objectives and risks described in each Fund’s current prospectus will not change. A Fund’s new target index could provide different investment returns (either lower or higher) or different levels of volatility from those of the previous index.

 

Prospectus and Summary Prospectus Text Changes for Vanguard Large-Cap Index Fund

The paragraph under “Primary Investment Strategies” is replaced with the following:

The Fund employs an indexing investment approach designed to track the performance of the CRSP US Large Cap Index, a broadly diversified index of large U.S. companies representing approximately the top 85% of the U.S. market capitalization. The Fund attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the Index, holding each stock in approximately the same proportion as its weighting in the Index.

The paragraph under “Annual Total Returns” is replaced with the following:

The following bar chart and table are intended to help you understand the risks of investing in the Fund. The bar chart shows how the performance of the Fund’s Signal Shares has varied from one calendar year to another over the periods shown. The table shows how the average annual total returns of the Signal Shares compare with those of a relevant market index, which has investment characteristics similar to those of the Fund. Keep in mind that the Fund’s past performance (before and after taxes) does not indicate how the Fund will perform in the future. Updated performance information is available on our website at vanguard.com/performance or by calling Vanguard toll-free at 800-662-7447.

The following credit line is added:

Vanguard funds are not sponsored, endorsed, sold, or promoted by the University of Chicago or its Center for Research in Security Prices, and neither the University of Chicago nor its Center for Research in Security Prices makes any representation regarding the advisability of investing in the funds.

Prospectus and Summary Prospectus Text Changes for Vanguard Mid-Cap Index Fund

The paragraph under “Primary Investment Strategies” is replaced with the following:

The Fund employs an indexing investment approach designed to track the performance of the CRSP US Mid Cap Index, a broadly diversified index of stocks of mid-size U.S. companies. The Fund attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the Index, holding each stock in approximately the same proportion as its weighting in the Index.

 

The paragraph under “Annual Total Returns” is replaced with the following:

The following bar chart and table are intended to help you understand the risks of investing in the Fund. The bar chart shows how the performance of the Fund’s Signal Shares has varied from one calendar year to another over the periods shown. The table shows how the average annual total returns of the Signal Shares compare with those of a relevant market index, which has investment characteristics similar to those of the Fund. Keep in mind that the Fund’s past performance (before and after taxes) does not indicate how the Fund will perform in the future. Updated performance information is available on our website at vanguard.com/performance or by calling Vanguard toll-free at 800-662-7447.

The following credit line is added:

Vanguard funds are not sponsored, endorsed, sold, or promoted by the University of Chicago or its Center for Research in Security Prices, and neither the University of Chicago nor its Center for Research in Security Prices makes any representation regarding the advisability of investing in the funds.

Prospectus and Summary Prospectus Text Changes for Vanguard Small-Cap Index Fund

The paragraph and table under “Fees and Expenses” is replaced with the following:

Fees and Expenses

The following table describes the fees and expenses you may pay if you buy and hold Signal Shares of the Fund.

Shareholder Fees  
(Fees paid directly from your investment)  
 
Sales Charge (Load) Imposed on Purchases None
Purchase Fee None
Sales Charge (Load) Imposed on Reinvested Dividends None
Redemption Fee None

 

 

Annual Fund Operating Expenses  
(Expenses that you pay each year as a percentage of the value of your investment)
 
Management Expenses 0.07%
12b-1 Distribution Fee None
Other Expenses 0.03%
Total Annual Fund Operating Expenses1 0.10%
1 The expense information shown in the table has been restated to reflect the removal of expenses incurred
indirectly by the Fund through its investment in business development companies. The Fund's target benchmark no
longer includes business development companies.  

 

In the same section, under “Example,” the table illustrating hypothetical expenses is restated as follows:

1 Year 3 Years 5 Years 10 Years
$10 $32 $56 $128

 

The paragraph under “Primary Investment Strategies” is replaced with the following:

The Fund employs an indexing investment approach designed to track the performance of the CRSP US Small Cap Index, a broadly diversified index of stocks of small U.S. companies. The Fund attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the Index, holding each stock in approximately the same proportion as its weighting in the Index.

The paragraph under “Annual Total Returns” is replaced with the following:

The following bar chart and table are intended to help you understand the risks of investing in the Fund. The bar chart shows how the performance of the Fund’s Signal Shares has varied from one calendar year to another over the periods shown. The table shows how the average annual total returns of the Signal Shares compare with those of a relevant market index, which has investment characteristics similar to those of the Fund. Keep in mind that the Fund’s past performance (before and after taxes) does not indicate how the Fund will perform in the future. Updated performance information is available on our website at vanguard.com/performance or by calling Vanguard toll-free at 800-662-7447.

 

The following credit line is added:

Vanguard funds are not sponsored, endorsed, sold, or promoted by the University of Chicago or its Center for Research in Security Prices, and neither the University of Chicago nor its Center for Research in Security Prices makes any representation regarding the advisability of investing in the funds.

 

Vanguard funds are not sponsored, endorsed, sold, or promoted by the University of Chicago or its Center for Research in Security Prices, and neither the University of Chicago nor its Center for Research in Security Prices makes any representation regarding the advisability of investing in the funds.

© 2013 The Vanguard Group, Inc. All rights reserved.  
Vanguard Marketing Corporation, Distributor. PS LMSSR 012013

 

 
 GRAPHIC 3 pslmse012013x1x1.jpg GRAPHIC begin 644 pslmse012013x1x1.jpg M_]C_X``02D9)1@`!`0'_____``#_[@`.061O8F4`9``````!_]L`0P`0"PP. M#`H0#@T.$A$0$Q@H&A@6%A@Q(R4=*#HS/3PY,S@W0$A<3D!$5T4W.%!M45=? M8F=H9SY-<7EP9'A<96=C_]L`0P$1$A(8%1@O&AHO8T(X0F-C8V-C8V-C8V-C M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C_\``$0@` M.P#(`P$B``(1`0,1`?_$`!\```$%`0$!`0$!```````````!`@,$!08'"`D* M"__$`+40``(!`P,"!`,%!00$```!?0$"`P`$$042(3%!!A-180'EZ@X2%AH>(B8J2DY25EI>8F9JBHZ2EIJ>H MJ:JRL[2UMK>XN;K"P\3%QL?(R;GZ.GJ\?+S]/7V M]_CY^O_$`!\!``,!`0$!`0$!`0$````````!`@,$!08'"`D*"__$`+41``(! M`@0$`P0'!00$``$"=P`!`@,1!`4A,08205$'87$3(C*!"!1"D:&QP0DC,U+P M%6)RT0H6)#3A)?$7&!D:)BH*#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6V MM[BYNL+#Q,7&Q\C)RM+3U-76U]C9VN+CY.7FY^CIZO+S]/7V]_CY^O_:``P# M`0`"$0,1`#\`]`HHK.U[4'TS2Y;F--SC"KD<*3W/M0!;NKF.TA,LI.,X``R6 M)Z`#N37*0Z[?R:ZT+3I"S/Y?D,H9%P/7CG/!Y_PJJWB"^D1+F:`M(T9\J3RV M"1`<%QUR><9[=*R].FM)6\N[D56EE#/)+&6P!G.#GO\`3O[4`>@?V@\'%_;M M`/\`GJAWQ_GU'X@5)<:G8VRPM-/9=16PVG@`K MN8D?\"7KZ"N5\132W6K!+FZ$Z1_)OC&%'/.!Z_YR:`*MQ$(Q()(Y8YR[*5E. M]B,\G/`R,$>Y]*TM-2P?1+D3LN^*8O$&!Y7`&"0.,X_/!K,N(I;EY9F\^90< MF5FR3P`#ST!_J/Q?8W@L0)6A\V12&C;/RC!/!4CG^F.*`.DATV&U6.?9&(9@ M&26>$%>>BOW0^X.WVK`FN!/KGG6HALRN3$4(V[E'J<9R0>H[UJ7/BJ&\B'VJ M.5D)_P"/5`%4^FYLDD9QP`/QK$TR,7-^B2RFVCD;'F!?E3^7&2!^-`'2QSIJ MB_;H%,-ZB_OXE&=XP,LH/7ME3U&/]DU>T[4_L3)!,&J.DQV,-Y)I3O$DIQ)%/%("P<#!P>V>NT^XZ8S8F5;>1K748P()"7W)P%/ M_/1/0?WE[9SR":`.F!R,BEKGK6YFT*5+2_;?9.<0W'9?0'T'\NW'3>>1(XS( M[JJ*,EF.`!ZT`/HJM;W]G=2%+>[@F<#.V.0,<>N`:6XO;2U(%S=0PEN0))`N M?SH`L44@.1D4M`!1110`4444`%%%%`!1110`45'//#;QF2>5(D'!9V"C\S4< M=]:2Q-+'=0/&IP760$`^F:`+%%-1TD0/&P93T*G(-%`'+:MJ*17EQ#!*F'DB MG,I/"$;0>.YX4X]ZY:=TN=8)W$+),%9IR1@9QEC^I].U=SXLLC=Z.\BYW6^9 M,;L9`'/Z5P-K+Y)22.9(W5@ZG8I((.1R?<^,CU! MVG'IFNE\.Z3_`&GH49NKRX\EF;]RC`+P>_!S7+RR^>5\RYW`(%`*XX`&,X/M MS[_6MC2?$K:;9BV01R)N9E+#!&><=?K_`/7H`GU_1(=-M6?8SQEP5FW'_/U-'PI9QZCJD\,COY2QLXX!)^8#N#4VL^(FU:S%LVR)=VXE1DG@\ M=?3]?SJEI.I/I,LCVLR,SH4'FC('.<]?84`=%>Z?9Z"'E!`60YBE8YDB<N?ZU4LM+U7Q`9K@SJ\8./, ME)'F'T''05NZ+X;\F[>XO8D0(W[J)6W#_>)[_2@";0=+D>VMYK\LXB&88WSC MV;!Z>P]@3S@#H"`1@C(-+10!YQ%_Q3WB_:?EB67'_;-O\`?TK<\1%+_Q'86+ MD>3`IGF/8#J0?P7]:@\>Z:SB'4(D)"CRY2.P[']2/RJAIU[>0:??Z[M$EPQ2 MW5R,A1@9/Z+^-`&T_C**)E,^G7<4+='88S^'_P!>KFJ^(X-.M[:X$33PW(RC M(<>G8_6N)OI[G4=,%[=ZB)I5EV?9^`5&/O8^N!T[U-JES#-X;TF))5:6(R!T M!Y7GC(H`Z+_A-[,-'OM+A8W_`(SC\<>M7]5\2V>G-%&%>XEE4,J1CL>GYUS/ MB,#_`(1O0^/^69_DM1ZS#]B&B:C"X\]X(CL<<915P<^G2@#<7QDKW'V=-+NF MG!(\L#+9'7CK5K2?$T>JWKVL=K)'(J%OG([=OUK(T2R>^\0_VG=WEF)@^E`'5:-XDBU>^DM4MY(F1"Y+ M$$<$#'ZU5N?%\=O(Q.GW)@#E1-C"M[C_`/77->&[Q[2[U&[A3>Z6KLJG_?7^ M77\*9/>W>L:?=37FI`M"5*6W`WY/)`&.@Y[T`=I=>(K>'1XM3AB>:!VVD`X9 M3[C\*JV/C"UO)PAMY(HPC,\CGA<#/;K7-I=PGP2]L9D\Y;G(CS\V..<5IVMO M)/\`#R1(%RY)=@.K`/D_H/TH`;K'BJ'4M+N[>*SG$;`*)3C`.[;BXSST/R8(_(FL_3KZV'@_4+)G"W!?>%/\8^7I^1K:\`?\@NY_Z[_^ MRB@#H-.M/L5HD!?>1U;&,T5:HH`;)&DL;1R*&1P593T(/451_L/2O^@?;?\` M?L5H44`9_P#8>E?]`^V_[]BC^P]*_P"@?;?]^Q6A10!G_P!AZ5_T#[;_`+]B MC^P]*_Z!]M_W[%:%%`$<$$5M"L4$:QQKT51@"I***`"BBB@!"`P((!!X(-1Q MVT$4)BCAC2,YRBJ`#GKQ4M%`%2/2["+?Y=E;KY@VN!&,,/0U%_8>E?\`0/MO M^_8K0HH`J2:78R0QPR6D+11YV(4!"Y]*Y?57NK36(X;K3S-I$1_=Q10JPQCU MQUSVR*[.B@#SF6RDU/7(Y='TZ>TB!7EEVA2#][T'T]J[V73[.:<3RVD#RCH[ M1@G\ZLT4`4X=+L+>;SH;2&.3GYE0`\TZ/3;&*8RQV<"2$$%EC`)!ZU:HH`SS MHFEDDG3[;G_IF*M6UK!:1^7;1)$F<[4&!FIJ*`*1TG3BSL;*WS(,.?+'S5+: 7V5K9AA:P1PAOO!%QFK%%`!1110!__]D_ ` end GRAPHIC 4 pslmsin012013x1x1.jpg GRAPHIC begin 644 pslmsin012013x1x1.jpg M_]C_X``02D9)1@`!`0'_____``#_[@`.061O8F4`9``````!_]L`0P`0"PP. M#`H0#@T.$A$0$Q@H&A@6%A@Q(R4=*#HS/3PY,S@W0$A<3D!$5T4W.%!M45=? M8F=H9SY-<7EP9'A<96=C_]L`0P$1$A(8%1@O&AHO8T(X0F-C8V-C8V-C8V-C M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C_\``$0@` M/P#(`P$B``(1`0,1`?_$`!\```$%`0$!`0$!```````````!`@,$!08'"`D* M"__$`+40``(!`P,"!`,%!00$```!?0$"`P`$$042(3%!!A-180'EZ@X2%AH>(B8J2DY25EI>8F9JBHZ2EIJ>H MJ:JRL[2UMK>XN;K"P\3%QL?(R;GZ.GJ\?+S]/7V M]_CY^O_$`!\!``,!`0$!`0$!`0$````````!`@,$!08'"`D*"__$`+41``(! M`@0$`P0'!00$``$"=P`!`@,1!`4A,08205$'87$3(C*!"!1"D:&QP0DC,U+P M%6)RT0H6)#3A)?$7&!D:)BH*#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6V MM[BYNL+#Q,7&Q\C)RM+3U-76U]C9VN+CY.7FY^CIZO+S]/7V]_CY^O_:``P# M`0`"$0,1`#\`]`HHK.U[4'TS2Y;F--SC"KD<*3W/M0!;NKF.TA,LI.,X``R6 M)Z`#N37*0Z[?R:ZT+3I"S/Y?D,H9%P/7CG/!Y_PJJWB"^D1+F:`M(T9\J3RV M"1`<%QUR><9[=*R].FM)6\N[D56EE#/)+&6P!G.#GO\`3O[4`>@?V@\'%_;M M`/\`GJAWQ_GU'X@5)<:G8VRPM-/9=16PVG@`K MN8D?\"7KZ"N5\132W6K!+FZ$Z1_)OC&%'/.!Z_YR:`*MQ$(Q()(Y8YR[*5E. M]B,\G/`R,$>Y]*TM-2P?1+D3LN^*8O$&!Y7`&"0.,X_/!K,N(I;EY9F\^90< MF5FR3P`#ST!_J/Q?8W@L0)6A\V12&C;/RC!/!4CG^F.*`.DATV&U6.?9&(9@ M&26>$%>>BOW0^X.WVK`FN!/KGG6HALRN3$4(V[E'J<9R0>H[UJ7/BJ&\B'VJ M.5D)_P"/5`%4^FYLDD9QP`/QK$TR,7-^B2RFVCD;'F!?E3^7&2!^-`'2QSIJ MB_;H%,-ZB_OXE&=XP,LH/7ME3U&/]DU>T[4_L3)!,&J.DQV,-Y)I3O$DIQ)%/%("P<#!P>V>NT^XZ8S8F5;>1K748P()"7W)P%/ M_/1/0?WE[9SR":`.F!R,BEKGK6YFT*5+2_;?9.<0W'9?0'T'\NW'3>>1(XS( M[JJ*,EF.`!ZT`/HJM;W]G=2%+>[@F<#.V.0,<>N`:6XO;2U(%S=0PEN0))`N M?SH`L44@.1D4M`!1110`4444`%%%%`!1110`45'//#;QF2>5(D'!9V"C\S4< M=]:2Q-+'=0/&IP760$`^F:`+%%-1TD0/&P93T*G(-%`'+:MJ*17EQ#!*F'DB MG,I/"$;0>.YX4X]ZY:=TN=8)W$+),%9IR1@9QEC^I].U=SXLLC=Z.\BYW6^9 M,;L9`'/Z5P-K+Y)22.9(W5@ZG8I((.1R?<^,CU! MVG'IFNE\.Z3_`&GH49NKRX\EF;]RC`+P>_!S7+RR^>5\RYW`(%`*XX`&,X/M MS[_6MC2?$K:;9BV01R)N9E+#!&><=?K_`/7H`GU_1(=-M6?8SQEP5FW'_/U-'PI9QZCJD\,COY2QLXX!)^8#N#4VL^(FU:S%LVR)=VXE1DG@\ M=?3]?SJEI.I/I,LCVLR,SH4'FC('.<]?84`=%>Z?9Z"'E!`60YBE8YDB<N?ZU4LM+U7Q`9K@SJ\8./, ME)'F'T''05NZ+X;\F[>XO8D0(W[J)6W#_>)[_2@";0=+D>VMYK\LXB&88WSC MV;!Z>P]@3S@#H"`1@C(-+10!YQ%_Q3WB_:?EB67'_;-O\`?TK<\1%+_Q'86+ MD>3`IGF/8#J0?P7]:@\>Z:SB'4(D)"CRY2.P[']2/RJAIU[>0:??Z[M$EPQ2 MW5R,A1@9/Z+^-`&T_C**)E,^G7<4+='88S^'_P!>KFJ^(X-.M[:X$33PW(RC M(<>G8_6N)OI[G4=,%[=ZB)I5EV?9^`5&/O8^N!T[U-JES#-X;TF))5:6(R!T M!Y7GC(H`Z+_A-[,-'OM+A8W_`(SC\<>M7]5\2V>G-%&%>XEE4,J1CL>GYUS/ MB,#_`(1O0^/^69_DM1ZS#]B&B:C"X\]X(CL<<915P<^G2@#<7QDKW'V=-+NF MG!(\L#+9'7CK5K2?$T>JWKVL=K)'(J%OG([=OUK(T2R>^\0_VG=WEF)@^E`'5:-XDBU>^DM4MY(F1"Y+ M$$<$#'ZU5N?%\=O(Q.GW)@#E1-C"M[C_`/77->&[Q[2[U&[A3>Z6KLJG_?7^ M77\*9/>W>L:?=37FI`M"5*6W`WY/)`&.@Y[T`=I=>(K>'1XM3AB>:!VVD`X9 M3[C\*JV/C"UO)PAMY(HPC,\CGA<#/;K7-I=PGP2]L9D\Y;G(CS\V..<5IVMO M)/\`#R1(%RY)=@.K`/D_H/TH`;K'BJ'4M+N[>*SG$;`*)3C`.[;BXSST/R8(_(FL_3KZV'@_4+)G"W!?>%/\8^7I^1K:\`?\@NY_Z[_^ MRB@#H-.M/L5HD!?>1U;&,T5:HH`;)&DL;1R*&1P593T(/451_L/2O^@?;?\` M?L5H44`9_P#8>E?]`^V_[]BC^P]*_P"@?;?]^Q6A10!G_P!AZ5_T#[;_`+]B MC^P]*_Z!]M_W[%:%%`$<$$5M"L4$:QQKT51@"I***`"BBB@!"`P((!!X(-1Q MVT$4)BCAC2,YRBJ`#GKQ4M%`%2/2["+?Y=E;KY@VN!&,,/0U%_8>E?\`0/MO M^_8K0HH`J2:78R0QPR6D+11YV(4!"Y]*Y?57NK36(X;K3S-I$1_=Q10JPQCU MQUSVR*[.B@#SF6RDU/7(Y='TZ>TB!7EEVA2#][T'T]J[V73[.:<3RVD#RCH[ M1@G\ZLT4`4X=+L+>;SH;2&.3GYE0`\TZ/3;&*8RQV<"2$$%EC`)!ZU:HH`SS MHFEDDG3[;G_IF*M6UK!:1^7;1)$F<[4&!FIJ*`*1TG3BSL;*WS(,.?+'S5+: 7V5K9AA:P1PAOO!%QFK%%`!1110!__]D_ ` end GRAPHIC 5 pslmsip012013x1x1.jpg GRAPHIC begin 644 pslmsip012013x1x1.jpg M_]C_X``02D9)1@`!`0'_____``#_[@`.061O8F4`9``````!_]L`0P`0"PP. M#`H0#@T.$A$0$Q@H&A@6%A@Q(R4=*#HS/3PY,S@W0$A<3D!$5T4W.%!M45=? M8F=H9SY-<7EP9'A<96=C_]L`0P$1$A(8%1@O&AHO8T(X0F-C8V-C8V-C8V-C M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C_\``$0@` M1P#(`P$B``(1`0,1`?_$`!\```$%`0$!`0$!```````````!`@,$!08'"`D* M"__$`+40``(!`P,"!`,%!00$```!?0$"`P`$$042(3%!!A-180'EZ@X2%AH>(B8J2DY25EI>8F9JBHZ2EIJ>H MJ:JRL[2UMK>XN;K"P\3%QL?(R;GZ.GJ\?+S]/7V M]_CY^O_$`!\!``,!`0$!`0$!`0$````````!`@,$!08'"`D*"__$`+41``(! M`@0$`P0'!00$``$"=P`!`@,1!`4A,08205$'87$3(C*!"!1"D:&QP0DC,U+P M%6)RT0H6)#3A)?$7&!D:)BH*#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6V MM[BYNL+#Q,7&Q\C)RM+3U-76U]C9VN+CY.7FY^CIZO+S]/7V]_CY^O_:``P# M`0`"$0,1`#\`]`HHK.U[4'TS2Y;F--SC"KD<*3W/M0!;NKF.TA,LI.,X``R6 M)Z`#N37*0Z[?R:ZT+3I"S/Y?D,H9%P/7CG/!Y_PJJWB"^D1+F:`M(T9\J3RV M"1`<%QUR><9[=*R].FM)6\N[D56EE#/)+&6P!G.#GO\`3O[4`>@?V@\'%_;M M`/\`GJAWQ_GU'X@5)<:G8VRPM-/9=16PVG@`K MN8D?\"7KZ"N5\132W6K!+FZ$Z1_)OC&%'/.!Z_YR:`*MQ$(Q()(Y8YR[*5E. M]B,\G/`R,$>Y]*TM-2P?1+D3LN^*8O$&!Y7`&"0.,X_/!K,N(I;EY9F\^90< MF5FR3P`#ST!_J/Q?8W@L0)6A\V12&C;/RC!/!4CG^F.*`.DATV&U6.?9&(9@ M&26>$%>>BOW0^X.WVK`FN!/KGG6HALRN3$4(V[E'J<9R0>H[UJ7/BJ&\B'VJ M.5D)_P"/5`%4^FYLDD9QP`/QK$TR,7-^B2RFVCD;'F!?E3^7&2!^-`'2QSIJ MB_;H%,-ZB_OXE&=XP,LH/7ME3U&/]DU>T[4_L3)!,&J.DQV,-Y)I3O$DIQ)%/%("P<#!P>V>NT^XZ8S8F5;>1K748P()"7W)P%/ M_/1/0?WE[9SR":`.F!R,BEKGK6YFT*5+2_;?9.<0W'9?0'T'\NW'3>>1(XS( M[JJ*,EF.`!ZT`/HJM;W]G=2%+>[@F<#.V.0,<>N`:6XO;2U(%S=0PEN0))`N M?SH`L44@.1D4M`!1110`4444`%%%%`!1110`45'//#;QF2>5(D'!9V"C\S4< M=]:2Q-+'=0/&IP760$`^F:`+%%-1TD0/&P93T*G(-%`'+:MJ*17EQ#!*F'DB MG,I/"$;0>.YX4X]ZY:=TN=8)W$+),%9IR1@9QEC^I].U=SXLLC=Z.\BYW6^9 M,;L9`'/Z5P-K+Y)22.9(W5@ZG8I((.1R?<^,CU! MVG'IFNE\.Z3_`&GH49NKRX\EF;]RC`+P>_!S7+RR^>5\RYW`(%`*XX`&,X/M MS[_6MC2?$K:;9BV01R)N9E+#!&><=?K_`/7H`GU_1(=-M6?8SQEP5FW'_/U-'PI9QZCJD\,COY2QLXX!)^8#N#4VL^(FU:S%LVR)=VXE1DG@\ M=?3]?SJEI.I/I,LCVLR,SH4'FC('.<]?84`=%>Z?9Z"'E!`60YBE8YDB<N?ZU4LM+U7Q`9K@SJ\8./, ME)'F'T''05NZ+X;\F[>XO8D0(W[J)6W#_>)[_2@";0=+D>VMYK\LXB&88WSC MV;!Z>P]@3S@#H"`1@C(-+10!YQ%_Q3WB_:?EB67'_;-O\`?TK<\1%+_Q'86+ MD>3`IGF/8#J0?P7]:@\>Z:SB'4(D)"CRY2.P[']2/RJAIU[>0:??Z[M$EPQ2 MW5R,A1@9/Z+^-`&T_C**)E,^G7<4+='88S^'_P!>KFJ^(X-.M[:X$33PW(RC M(<>G8_6N)OI[G4=,%[=ZB)I5EV?9^`5&/O8^N!T[U-JES#-X;TF))5:6(R!T M!Y7GC(H`Z+_A-[,-'OM+A8W_`(SC\<>M7]5\2V>G-%&%>XEE4,J1CL>GYUS/ MB,#_`(1O0^/^69_DM1ZS#]B&B:C"X\]X(CL<<915P<^G2@#<7QDKW'V=-+NF MG!(\L#+9'7CK5K2?$T>JWKVL=K)'(J%OG([=OUK(T2R>^\0_VG=WEF)@^E`'5:-XDBU>^DM4MY(F1"Y+ M$$<$#'ZU5N?%\=O(Q.GW)@#E1-C"M[C_`/77->&[Q[2[U&[A3>Z6KLJG_?7^ M77\*9/>W>L:?=37FI`M"5*6W`WY/)`&.@Y[T`=I=>(K>'1XM3AB>:!VVD`X9 M3[C\*JV/C"UO)PAMY(HPC,\CGA<#/;K7-I=PGP2]L9D\Y;G(CS\V..<5IVMO M)/\`#R1(%RY)=@.K`/D_H/TH`;K'BJ'4M+N[>*SG$;`*)3C`.[;BXSST/R8(_(FL_3KZV'@_4+)G"W!?>%/\8^7I^1K:\`?\@NY_Z[_^ MRB@#H-.M/L5HD!?>1U;&,T5:HH`;)&DL;1R*&1P593T(/451_L/2O^@?;?\` M?L5H44`9_P#8>E?]`^V_[]BC^P]*_P"@?;?]^Q6A10!G_P!AZ5_T#[;_`+]B MC^P]*_Z!]M_W[%:%%`$<$$5M"L4$:QQKT51@"I***`"BBB@!"`P((!!X(-1Q MVT$4)BCAC2,YRBJ`#GKQ4M%`%2/2["+?Y=E;KY@VN!&,,/0U%_8>E?\`0/MO M^_8K0HH`J2:78R0QPR6D+11YV(4!"Y]*Y?57NK36(X;K3S-I$1_=Q10JPQCU MQUSVR*[.B@#SF6RDU/7(Y='TZ>TB!7EEVA2#][T'T]J[V73[.:<3RVD#RCH[ M1@G\ZLT4`4X=+L+>;SH;2&.3GYE0`\TZ/3;&*8RQV<"2$$%EC`)!ZU:HH`SS MHFEDDG3[;G_IF*M6UK!:1^7;1)$F<[4&!FIJ*`*1TG3BSL;*WS(,.?+'S5+: MV5K9AA:P1PAOO!%QFK%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4 >444`%%%%`!1110`4444`%%%%`!1110`4444`?__9 ` end GRAPHIC 6 pslmsr012013x1x1.jpg GRAPHIC begin 644 pslmsr012013x1x1.jpg M_]C_X``02D9)1@`!`0'_____``#_[@`.061O8F4`9``````!_]L`0P`0"PP. M#`H0#@T.$A$0$Q@H&A@6%A@Q(R4=*#HS/3PY,S@W0$A<3D!$5T4W.%!M45=? M8F=H9SY-<7EP9'A<96=C_]L`0P$1$A(8%1@O&AHO8T(X0F-C8V-C8V-C8V-C M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C_\``$0@` M/0#,`P$B``(1`0,1`?_$`!\```$%`0$!`0$!```````````!`@,$!08'"`D* M"__$`+40``(!`P,"!`,%!00$```!?0$"`P`$$042(3%!!A-180'EZ@X2%AH>(B8J2DY25EI>8F9JBHZ2EIJ>H MJ:JRL[2UMK>XN;K"P\3%QL?(R;GZ.GJ\?+S]/7V M]_CY^O_$`!\!``,!`0$!`0$!`0$````````!`@,$!08'"`D*"__$`+41``(! M`@0$`P0'!00$``$"=P`!`@,1!`4A,08205$'87$3(C*!"!1"D:&QP0DC,U+P M%6)RT0H6)#3A)?$7&!D:)BH*#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6V MM[BYNL+#Q,7&Q\C)RM+3U-76U]C9VN+CY.7FY^CIZO+S]/7V]_CY^O_:``P# M`0`"$0,1`#\`]`HHK.U[4'TS2Y;F--SC"KD<*3W/M0!;NKF.TA,LI.,X``R6 M)Z`#N37*0Z[?R:ZT+3I"S/Y?D,H9%P/7CG/!Y_PJJWB"^D1+F:`M(T9\J3RV M"1`<%QUR><9[=*R].FM)6\N[D56EE#/)+&6P!G.#GO\`3O[4`>@?V@\'%_;M M`/\`GJAWQ_GU'X@5)<:G8VRPM-/9=16PVG@`K MN8D?\"7KZ"N5\132W6K!+FZ$Z1_)OC&%'/.!Z_YR:`*MQ$(Q()(Y8YR[*5E. M]B,\G/`R,$>Y]*TM-2P?1+D3LN^*8O$&!Y7`&"0.,X_/!K,N(I;EY9F\^90< MF5FR3P`#ST!_J/Q?8W@L0)6A\V12&C;/RC!/!4CG^F.*`.DATV&U6.?9&(9@ M&26>$%>>BOW0^X.WVK`FN!/KGG6HALRN3$4(V[E'J<9R0>H[UJ7/BJ&\B'VJ M.5D)_P"/5`%4^FYLDD9QP`/QK$TR,7-^B2RFVCD;'F!?E3^7&2!^-`'2QSIJ MB_;H%,-ZB_OXE&=XP,LH/7ME3U&/]DU>T[4_L3)!,&J.DQV,-Y)I3O$DIQ)%/%("P<#!P>V>NT^XZ8S8F5;>1K748P()"7W)P%/ M_/1/0?WE[9SR":`.F!R,BEKGK6YFT*5+2_;?9.<0W'9?0'T'\NW'3>>1(XS( M[JJ*,EF.`!ZT`/HJM;W]G=2%+>[@F<#.V.0,<>N`:6XO;2U(%S=0PEN0))`N M?SH`L44@.1D4M`!1110`4444`%%%%`!1110`45'//#;QF2>5(D'!9V"C\S4< M=]:2Q-+'=0/&IP760$`^F:`+%%-1TD0/&P93T*G(-.H`Y35M12*\N(8)4P\D M4YE)X0C:#QW/"G'O7+3NESK!.XA9)@K-.2,#.,L?U/IVKN?%ED;O1WD7.ZWS M)C=C(`Y_2N!M9?)*21S)&ZL'4[%)!!R.3[CF@"744AMG=8/WBMD*Y4KWQD>H M.TX],UTOAW2?[3T*,W5Y<>2S-^Y1@%X/?@YKEY9?/*^9<[@$"@%<<`#&<'VY M]_K6QI/B5M-LQ;((Y$W,REA@C/..OU_^O0!/K^B0Z;:L^QGC+@K-N.Y?]EAT M.?[WY^IH^%+./4=4GAD=_*6-G'`)/S`=P:FUGQ$VK68MFV1+NW$J,D\'CKZ? MK^=4M)U)])ED>UF1F="@\T9`YSGK["@#HKW3[/00\H("R',4K',D3CD8'=>! MG'/KD=*.J>)SJ5JL$%D@9B,-(W*MC.1CICUS_6JEEI>J^(#-<&=7C!QYDI(\ MP^@XZ"MW1?#?DW;W%[$B!&_=1*VX?[Q/?Z4`3:#IS8/ M3V'L"><`=`0",$9!I:*`/.(O^*>\7[3\L2RX_P"V;?X`_I6YXB*7_B.PL7(\ MF!3/,>P'4@_@OZU!X]TUG$.H1(2%'ERD=AV/ZD?E5#3KV\@T^_UW:)+ABENK MD9"C`R?T7\:`-I_&443*9].NXH6Z.PQG\/\`Z]7-5\1P:=;VUP(FGAN1E&0X M].Q^M<3?3W.HZ8+V[U$32K+L^S\`J,?>Q]<#IWJ;5+F&;PWI,22JTL1D#H#R MO/&10!T7_";V8:/?:7"QO_&>\$1V..,HJX.?3I0!N+XR5[C[.FEW33@D>6 M!ELCKQUJUI/B:/5;U[6.UDCD5"WSD=NWZUD:)9/?>(?[3N[RS$N2XA@F5V)Q MCL3P*S]$OH-*\374EZS1)^\0G:3@[O0?2@#JM&\21:O?26J6\D3(A1SPN!GMUKFTNX3X)>V,R>A!ZBJ/]AZ5_T#[;_OV*T* M*`,_^P]*_P"@?;?]^Q1_8>E?]`^V_P"_8K0HH`S_`.P]*_Z!]M_W[%']AZ5_ MT#[;_OV*T**`(X((K:%8H(UCC7HJC`%2444`%%%%`"$!@00"#P0:CCMH(H3% M'#&D9SE%4`'/7BI:*`*D>EV$6_R[*W7S!M<",88>AJ+^P]*_Z!]M_P!^Q6A1 M0!4DTNQDACADM(6BCSL0H"%SZ5R^JO=6FL1PW6GF;2(C^[BBA5AC'KCKGMD5 MV=%`'G,ME)J>N1RZ/IT]I$"O++M"D'[WH/I[5WLNGVFV,4QECLX$D((++&`2#UJU10!GG1-+)). MGVW/_3,5:MK6"TC\NVB2),YVH,#-344`4CI.G%G8V5OF08<^6/FJ6ULK6S#" 2U@CA#?>"+C-6**`"BBB@#__9 ` end GRAPHIC 7 pslmssp012013x1x1.jpg GRAPHIC begin 644 pslmssp012013x1x1.jpg M_]C_X``02D9)1@`!`0'_____``#_[@`.061O8F4`9``````!_]L`0P`0"PP. M#`H0#@T.$A$0$Q@H&A@6%A@Q(R4=*#HS/3PY,S@W0$A<3D!$5T4W.%!M45=? M8F=H9SY-<7EP9'A<96=C_]L`0P$1$A(8%1@O&AHO8T(X0F-C8V-C8V-C8V-C M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C_\``$0@` M/0#)`P$B``(1`0,1`?_$`!\```$%`0$!`0$!```````````!`@,$!08'"`D* M"__$`+40``(!`P,"!`,%!00$```!?0$"`P`$$042(3%!!A-180'EZ@X2%AH>(B8J2DY25EI>8F9JBHZ2EIJ>H MJ:JRL[2UMK>XN;K"P\3%QL?(R;GZ.GJ\?+S]/7V M]_CY^O_$`!\!``,!`0$!`0$!`0$````````!`@,$!08'"`D*"__$`+41``(! M`@0$`P0'!00$``$"=P`!`@,1!`4A,08205$'87$3(C*!"!1"D:&QP0DC,U+P M%6)RT0H6)#3A)?$7&!D:)BH*#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6V MM[BYNL+#Q,7&Q\C)RM+3U-76U]C9VN+CY.7FY^CIZO+S]/7V]_CY^O_:``P# M`0`"$0,1`#\`]`HHK.U[4'TS2Y;F--SC"KD<*3W/M0!;NKF.TA,LI.,X``R6 M)Z`#N37*0Z[?R:ZT+3I"S/Y?D,H9%P/7CG/!Y_PJJWB"^D1+F:`M(T9\J3RV M"1`<%QUR><9[=*R].FM)6\N[D56EE#/)+&6P!G.#GO\`3O[4`>@?V@\'%_;M M`/\`GJAWQ_GU'X@5)<:G8VRPM-/9=16PVG@`K MN8D?\"7KZ"N5\132W6K!+FZ$Z1_)OC&%'/.!Z_YR:`*MQ$(Q()(Y8YR[*5E. M]B,\G/`R,$>Y]*TM-2P?1+D3LN^*8O$&!Y7`&"0.,X_/!K,N(I;EY9F\^90< MF5FR3P`#ST!_J/Q?8W@L0)6A\V12&C;/RC!/!4CG^F.*`.DATV&U6.?9&(9@ M&26>$%>>BOW0^X.WVK`FN!/KGG6HALRN3$4(V[E'J<9R0>H[UJ7/BJ&\B'VJ M.5D)_P"/5`%4^FYLDD9QP`/QK$TR,7-^B2RFVCD;'F!?E3^7&2!^-`'2QSIJ MB_;H%,-ZB_OXE&=XP,LH/7ME3U&/]DU>T[4_L3)!,&J.DQV,-Y)I3O$DIQ)%/%("P<#!P>V>NT^XZ8S8F5;>1K748P()"7W)P%/ M_/1/0?WE[9SR":`.F!R,BEKGK6YFT*5+2_;?9.<0W'9?0'T'\NW'3>>1(XS( M[JJ*,EF.`!ZT`/HJM;W]G=2%+>[@F<#.V.0,<>N`:6XO;2U(%S=0PEN0))`N M?SH`L44@.1D4M`!1110`4444`%%%%`!1110`45'//#;QF2>5(D'!9V"C\S4< M=]:2Q-+'=0/&IP760$`^F:`+%%-1TD0/&P93T*G(-.H`Y35M12*\N(8)4P\D M4YE)X0C:#QW/"G'O7+3NESK!.XA9)@K-.2,#.,L?U/IVKN?%ED;O1WD7.ZWS M)C=C(`Y_2N!M9?)*21S)&ZL'4[%)!!R.3[CF@"744AMG=8/WBMD*Y4KWQD>H M.TX],UTOAW2?[3T*,W5Y<>2S-^Y1@%X/?@YKEY9?/*^9<[@$"@%<<`#&<'VY M]_K6QI/B5M-LQ;((Y$W,REA@C/..OU_^O0!/K^B0Z;:L^QGC+@K-N.Y?]EAT M.?[WY^IH^%+./4=4GAD=_*6-G'`)/S`=P:FUGQ$VK68MFV1+NW$J,D\'CKZ? MK^=4M)U)])ED>UF1F="@\T9`YSGK["@#HKW3[/00\H("R',4K',D3CD8'=>! MG'/KD=*.J>)SJ5JL$%D@9B,-(W*MC.1CICUS_6JEEI>J^(#-<&=7C!QYDI(\ MP^@XZ"MW1?#?DW;W%[$B!&_=1*VX?[Q/?Z4`3:#IS8/ M3V'L"><`=`0",$9!I:*`/.(O^*>\7[3\L2RX_P"V;?X`_I6YXB*7_B.PL7(\ MF!3/,>P'4@_@OZU!X]TUG$.H1(2%'ERD=AV/ZD?E5#3KV\@T^_UW:)+ABENK MD9"C`R?T7\:`-I_&443*9].NXH6Z.PQG\/\`Z]7-5\1P:=;VUP(FGAN1E&0X M].Q^M<3?3W.HZ8+V[U$32K+L^S\`J,?>Q]<#IWJ;5+F&;PWI,22JTL1D#H#R MO/&10!T7_";V8:/?:7"QO_&>\$1V..,HJX.?3I0!N+XR5[C[.FEW33@D>6 M!ELCKQUJUI/B:/5;U[6.UDCD5"WSD=NWZUD:)9/?>(?[3N[RS$N2XA@F5V)Q MCL3P*S]$OH-*\374EZS1)^\0G:3@[O0?2@#JM&\21:O?26J6\D3(A1SPN!GMUKFTNX3X)>V,R>A!ZBJ/]AZ5_T#[;_OV*T* M*`,_^P]*_P"@?;?]^Q1_8>E?]`^V_P"_8K0HH`S_`.P]*_Z!]M_W[%']AZ5_ MT#[;_OV*T**`(X((K:%8H(UCC7HJC`%2444`%%%%`"$!@00"#P0:CCMH(H3% M'#&D9SE%4`'/7BI:*`*D>EV$6_R[*W7S!M<",88>AJ+^P]*_Z!]M_P!^Q6A1 M0!4DTNQDACADM(6BCSL0H"%SZ5R^JO=6FL1PW6GF;2(C^[BBA5AC'KCKGMD5 MV=%`'G,ME)J>N1RZ/IT]I$"O++M"D'[WH/I[5WLNGVFV,4QECLX$D((++&`2#UJU10!GG1-+)). MGVW/_3,5:MK6"TC\NVB2),YVH,#-344`4CI.G%G8V5OF08<^6/FJ6ULK6S#" 2U@CA#?>"+C-6**`"BBB@#__9 ` end GRAPHIC 8 pslmssr012013x1x1.jpg GRAPHIC begin 644 pslmssr012013x1x1.jpg M_]C_X``02D9)1@`!`0'_____``#_[@`.061O8F4`9``````!_]L`0P`0"PP. M#`H0#@T.$A$0$Q@H&A@6%A@Q(R4=*#HS/3PY,S@W0$A<3D!$5T4W.%!M45=? M8F=H9SY-<7EP9'A<96=C_]L`0P$1$A(8%1@O&AHO8T(X0F-C8V-C8V-C8V-C M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C_\``$0@` M/@#'`P$B``(1`0,1`?_$`!\```$%`0$!`0$!```````````!`@,$!08'"`D* M"__$`+40``(!`P,"!`,%!00$```!?0$"`P`$$042(3%!!A-180'EZ@X2%AH>(B8J2DY25EI>8F9JBHZ2EIJ>H MJ:JRL[2UMK>XN;K"P\3%QL?(R;GZ.GJ\?+S]/7V M]_CY^O_$`!\!``,!`0$!`0$!`0$````````!`@,$!08'"`D*"__$`+41``(! M`@0$`P0'!00$``$"=P`!`@,1!`4A,08205$'87$3(C*!"!1"D:&QP0DC,U+P M%6)RT0H6)#3A)?$7&!D:)BH*#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6V MM[BYNL+#Q,7&Q\C)RM+3U-76U]C9VN+CY.7FY^CIZO+S]/7V]_CY^O_:``P# M`0`"$0,1`#\`]`HHK.U[4'TS2Y;F--SC"KD<*3W/M0!;NKF.TA,LI.,X``R6 M)Z`#N37*0Z[?R:ZT+3I"S/Y?D,H9%P/7CG/!Y_PJJWB"^D1+F:`M(T9\J3RV M"1`<%QUR><9[=*R].FM)6\N[D56EE#/)+&6P!G.#GO\`3O[4`>@?V@\'%_;M M`/\`GJAWQ_GU'X@5)<:G8VRPM-/9=16PVG@`K MN8D?\"7KZ"N5\132W6K!+FZ$Z1_)OC&%'/.!Z_YR:`*MQ$(Q()(Y8YR[*5E. M]B,\G/`R,$>Y]*TM-2P?1+D3LN^*8O$&!Y7`&"0.,X_/!K,N(I;EY9F\^90< MF5FR3P`#ST!_J/Q?8W@L0)6A\V12&C;/RC!/!4CG^F.*`.DATV&U6.?9&(9@ M&26>$%>>BOW0^X.WVK`FN!/KGG6HALRN3$4(V[E'J<9R0>H[UJ7/BJ&\B'VJ M.5D)_P"/5`%4^FYLDD9QP`/QK$TR,7-^B2RFVCD;'F!?E3^7&2!^-`'2QSIJ MB_;H%,-ZB_OXE&=XP,LH/7ME3U&/]DU>T[4_L3)!,&J.DQV,-Y)I3O$DIQ)%/%("P<#!P>V>NT^XZ8S8F5;>1K748P()"7W)P%/ M_/1/0?WE[9SR":`.F!R,BEKGK6YFT*5+2_;?9.<0W'9?0'T'\NW'3>>1(XS( M[JJ*,EF.`!ZT`/HJM;W]G=2%+>[@F<#.V.0,<>N`:6XO;2U(%S=0PEN0))`N M?SH`L44@.1D4M`!1110`4444`%%%%`!1110`45'//#;QF2>5(D'!9V"C\S4< M=]:2Q-+'=0/&IP760$`^F:`+%%-1TD0/&P93T*G(-%`'+:MJ*17EQ#!*F'DB MG,I/"$;0>.YX4X]ZY:=TN=8)W$+),%9IR1@9QEC^I].U=SXLLC=Z.\BYW6^9 M,;L9`'/Z5P-K+Y)22.9(W5@ZG8I((.1R?<^,CU! MVG'IFNE\.Z3_`&GH49NKRX\EF;]RC`+P>_!S7+RR^>5\RYW`(%`*XX`&,X/M MS[_6MC2?$K:;9BV01R)N9E+#!&><=?K_`/7H`GU_1(=-M6?8SQEP5FW'_/U-'PI9QZCJD\,COY2QLXX!)^8#N#4VL^(FU:S%LVR)=VXE1DG@\ M=?3]?SJEI.I/I,LCVLR,SH4'FC('.<]?84`=%>Z?9Z"'E!`60YBE8YDB<N?ZU4LM+U7Q`9K@SJ\8./, ME)'F'T''05NZ+X;\F[>XO8D0(W[J)6W#_>)[_2@";0=+D>VMYK\LXB&88WSC MV;!Z>P]@3S@#H"`1@C(-+10!YQ%_Q3WB_:?EB67'_;-O\`?TK<\1%+_Q'86+ MD>3`IGF/8#J0?P7]:@\>Z:SB'4(D)"CRY2.P[']2/RJAIU[>0:??Z[M$EPQ2 MW5R,A1@9/Z+^-`&T_C**)E,^G7<4+='88S^'_P!>KFJ^(X-.M[:X$33PW(RC M(<>G8_6N)OI[G4=,%[=ZB)I5EV?9^`5&/O8^N!T[U-JES#-X;TF))5:6(R!T M!Y7GC(H`Z+_A-[,-'OM+A8W_`(SC\<>M7]5\2V>G-%&%>XEE4,J1CL>GYUS/ MB,#_`(1O0^/^69_DM1ZS#]B&B:C"X\]X(CL<<915P<^G2@#<7QDKW'V=-+NF MG!(\L#+9'7CK5K2?$T>JWKVL=K)'(J%OG([=OUK(T2R>^\0_VG=WEF)@^E`'5:-XDBU>^DM4MY(F1"Y+ M$$<$#'ZU5N?%\=O(Q.GW)@#E1-C"M[C_`/77->&[Q[2[U&[A3>Z6KLJG_?7^ M77\*9/>W>L:?=37FI`M"5*6W`WY/)`&.@Y[T`=I=>(K>'1XM3AB>:!VVD`X9 M3[C\*JV/C"UO)PAMY(HPC,\CGA<#/;K7-I=PGP2]L9D\Y;G(CS\V..<5IVMO M)/\`#R1(%RY)=@.K`/D_H/TH`;K'BJ'4M+N[>*SG$;`*)3C`.[;BXSST/R8(_(FL_3KZV'@_4+)G"W!?>%/\8^7I^1K:\`?\@NY_Z[_^ MRB@#H-.M/L5HD!?>1U;&,T5:HH`;)&DL;1R*&1P593T(/451_L/2O^@?;?\` M?L5H44`9_P#8>E?]`^V_[]BC^P]*_P"@?;?]^Q6A10!G_P!AZ5_T#[;_`+]B MC^P]*_Z!]M_W[%:%%`$<$$5M"L4$:QQKT51@"I***`"BBB@!"`P((!!X(-1Q MVT$4)BCAC2,YRBJ`#GKQ4M%`%2/2["+?Y=E;KY@VN!&,,/0U%_8>E?\`0/MO M^_8K0HH`J2:78R0QPR6D+11YV(4!"Y]*Y?57NK36(X;K3S-I$1_=Q10JPQCU MQUSVR*[.B@#SF6RDU/7(Y='TZ>TB!7EEVA2#][T'T]J[V73[.:<3RVD#RCH[ M1@G\ZLT4`4X=+L+>;SH;2&.3GYE0`\TZ/3;&*8RQV<"2$$%EC`)!ZU:HH`SS MHFEDDG3[;G_IF*M6UK!:1^7;1)$F<[4&!FIJ*`*1TG3BSL;*WS(,.?+'S5+: 7V5K9AA:P1PAOO!%QFK%%`!1110!__]D_ ` end