N-Q 1 a_cataxfree.htm JOHN HANCOCK CALIFORNIA TAX-FREE INCOME FUND

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

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES

Investment Company Act file number 811- 5979

John Hancock California Tax-Free Income Fund
(Exact name of registrant as specified in charter)

601 Congress Street, Boston, Massachusetts 02210
(Address of principal executive offices) (Zip code)

Alfred P. Ouellette, Senior Attorney and Assistant Secretary

601 Congress Street

Boston, Massachusetts 02210

(Name and address of agent for service)

Registrant's telephone number, including area code: 617-663-4324

Date of fiscal year end:  August 31 
          
    
Date of reporting period:  May 31, 2006 


ITEM 1. SCHEDULE OF INVESTMENTS




John Hancock
California Tax-Free Income Fund
Securities owned by the Fund on
May 31, 2006 (unaudited)

  Interest  Maturity  Credit  Par value   
State, issuer, description  rate (%)  date  rating (A)  ($000)  Value 

 
Tax-exempt long-term bonds 99.96%          $328,043,664 
(Cost $303,427,327)           
 
California 89.78%          294,651,546 

ABAG Finance Authority for Nonprofit Corps,           
Rev Cert of Part Nat'l Ctr for Int'l Schools           
Proj (G)  7.375  05-01-18  BB+  4,300  4,395,503 
Rev San Diego Hosp Assn Ser 2001A  6.125  08-15-20  BBB+  2,000  2,139,420 
Anaheim Public Financing Auth,           
Rev Lease Cap Apprec Sub Pub Imp Proj           
Ser 1997C  Zero  09-01-18  AAA  3,000  1,700,760 
Anaheim, City of,           
Rev Ref Cert of Part Reg Convention Ctr (P)  8.820  07-16-23  AAA  2,000  2,189,080 
Antioch Public Financing Auth,           
Rev Ref Reassessment Sub Ser 1998B (G)  5.850  09-02-15  BB+  1,375  1,439,914 
Bay Area Toll Auth,           
Rev Ref San Francisco Bridge Ser 2006A  5.000  04-01-31  AA  2,000  2,065,780 
Belmont Community Facilities District,           
Rev Special Tax Dist No. 2000 1 Library Proj           
Ser 2004A  5.750  08-01-24  Aaa  1,000  1,162,110 
California County Tobacco Securitization Agency,           
Rev Asset Backed Bond Fresno County Fdg Corp  6.000  06-01-35  BBB  1,765  1,839,006 
Rev Asset Backed Bond Kern County Corp           
Ser 2002A  6.125  06-01-43  BBB  5,000  5,242,350 
Rev Asset Backed Bond Los Angeles County           
(Step Coupon 5.250%, 12-01-10) (O)  Zero  06-01-21  Baa3  5,000  3,998,850 
Rev Asset Backed Bond Stanislaus Fdg Ser 2002A  5.500  06-01-33  Baa3  1,000  1,016,840 
California Department of Water Resources,           
Rev Pwr Supply Ser 2002A  5.375  05-01-21  A-  4,000  4,375,560 
Rev Pwr Supply Ser 2002C-7 (P)  2.955  05-01-22  AAA  1,100  1,100,000 
California Educational Facilities Auth,           
Rev Ref Pooled College & Univ Financing           
Ser 1993B  6.125  06-01-09  Baa2  20  20,038 
Rev Ref Woodbury Univ  5.000  01-01-30  BBB-  2,000  2,008,220 
Rev Univ of San Diego Ser 2002A  5.500  10-01-32  A2  1,435  1,518,488 
California Health Facilities Financing Auth,           
Rev Catholic Healthcare West Ser 2004G  5.250  07-01-23  A-  1,000  1,036,250 
Rev Kaiser Permanente Ser 2006A (N)  5.250  04-01-39  A+  2,500  2,585,200 
Rev Ref Catholic Healthcare Ser 1995A  5.750  07-01-15  AAA  245  249,858 
Rev Ref Cedars Sinai Med Ctr  5.000  11-15-34  A3  2,000  2,015,100 
Rev Ref Insd Hlth Facil-Small Facil Ser 1994B  7.500  04-01-22  A+  550  556,968 
California Infrastructure & Economic Development           
Bank,           
Rev J David Gladstone Inst Proj  5.250  10-01-34  A-  1,000  1,021,250 
Rev Kaiser Hosp Asst I LLC Ser 2001A  5.550  08-01-31  A+  3,000  3,137,820 
California Pollution Control Financing Auth,           
Rev Poll Control Pacific Gas & Electric           
Ser 1996A  5.350  12-01-16  AAA  1,000  1,054,880 

Page 1


John Hancock
California Tax-Free Income Fund
Securities owned by the Fund on
May 31, 2006 (unaudited)

Rev Solid Waste Disposal Keller Canyon           
Landfill Co Proj  6.875  11-01-27  BB-  2,000  2,008,660 
Rev Chemical Waste Mgmt Inc Proj Ser 2005C  5.125  11-01-23  BBB  2,000  2,046,280 
California Rural Home Mortgage Finance Auth,           
Rev Single Family Mtg Backed Sec's Prog           
Ser 1996A  7.750  05-01-27  AAA  10  10,277 
Rev Single Family Mtg Backed Sec's Prog           
Ser 1996A  7.550  11-01-26  AAA  10  10,261 
California State Economic Recovery Auth,           
Gen Oblig Unltd Ser 2004B  5.000  07-01-23  AA-  2,000  2,048,780 
Rev Sales Tax Ser 2004C-5 (P)  3.480  07-01-23  AA-  1,200  1,200,000 
California State Public Works Board,           
Rev Lease Dept of Corrections Ser 2003C  5.500  06-01-18  A  5,000  5,404,500 
Rev Ref Lease Dept of Corrections State           
Prisons Ser 1993A  5.000  12-01-19  AAA  5,000  5,260,900 
Rev Ref Lease Various Univ of Calif Projs           
Ser 1993A  5.500  06-01-21  AA-  1,250  1,250,850 
California Statewide Communities Development Auth,           
Rev Ref Cert of Part Univ Corp Calif State           
Univ  6.000  04-01-26  AAA  1,620  1,639,019 
California Statewide Financing Auth,           
Rev Tobacco Settlement Asset Backed Bond 2002A  6.000  05-01-37  Baa3  2,500  2,603,850 
Rev Tobacco Settlement Asset Backed Bond 2002B  6.000  05-01-37  Baa3  4,000  4,166,160 
California, State of,           
Gen Oblig Unltd  5.125  04-01-23  A+  2,000  2,084,320 
Gen Oblig Unltd  5.125  11-01-24  A+  3,500  3,632,055 
Gen Oblig Unltd (P)  3.480  05-01-34  AA  595  595,000 
Gen Oblig Unltd Ref (P)  5.673  03-01-16  AAA  6,255  7,005,975 
Gen Oblig Unltd Ref  5.000  06-01-34  A+  2,000  2,033,520 
Gen Oblig Unltd Ref  4.750  04-01-29  AAA  6,000  6,005,880 
Capistrano Unified School District,           
Rev Spec Tax Cmty Facil Dist No. 90 2 (G)  6.000  09-01-33  BB  750  788,092 
Rev Spec Tax Cmty Facil Dist No. 90 2 (G)  5.875  09-01-23  BB  500  528,155 
Rev Spec Tax Cmty Facil Dist No. 92 1 (G)  7.100  09-01-21  AA  2,025  2,136,193 
Rev Spec Tax Cmty Facil Dist No. 98 2 (G)  5.750  09-01-29  AA  2,470  2,668,440 
Carson, City of,           
Rev Spec Assessment Imp Bond Act of 1915 Dist           
No. 2001 1 (G)  6.375  09-02-31  BB+  1,375  1,422,671 
Center Unified School District,           
Gen Oblig Unltd Ref Cap Apprec Ser 1997C  Zero  09-01-16  AAA  2,145  1,358,943 
Chula Vista Industrial Development Agency,           
Rev San Diego Gas Ser 2005D  5.000  12-01-27  A+  1,500  1,511,880 
Contra Costa County Public Financing Auth,           
Rev Ref Lease Various Cap Facil Ser 1999 A  5.000  06-01-28  AAA  3,000  3,058,440 
Corona Community Facilities District,           
Rev Special Tax Escrow 97 2 (G)  5.875  09-01-23  BB+  1,345  1,392,559 
Costa Mesa Public Financing Auth,           
Rev Local Agency Ser 1991A (G)  7.100  08-01-21  BBB  200  200,818 
Del Mar Race Track Auth,           
Rev Ref Ser 1996 (G)  6.200  08-15-11  AA  1,865  1,911,662 
Rev Ref Ser 1996 (G)  6.000  08-15-06  AA  500  502,380 
Eastern Municipal Water District,           
Rev Cert of Part Wtr & Swr Ser 2006A  5.000  07-01-32  AAA  2,965  3,050,066 

Page 2


John Hancock
California Tax-Free Income Fund
Securities owned by the Fund on
May 31, 2006 (unaudited)

Foothill/Eastern Transportation Corridor Agency,           
Rev Ref Toll Rd Cap Apprec  Zero  01-15-25  BBB-  6,615  2,268,813 
Rev Ref Toll Rd Cap Apprec  Zero  01-15-36  BBB-  30,000  5,244,900 
Rev Ref Toll Rd Sr Lien Ser 1995A  6.500  01-01-32  AAA  1,665  1,693,338 
Rev Ref Toll Rd Sr Lien Ser 1995A  6.000  01-01-34  AAA  14,775  14,984,214 
Fresno Joint Powers Financing Auth,           
Rev Ref Ser 1994A  6.550  09-02-12  BBB+  1,100  1,106,479 
Fresno, City of,           
Rev Swr Ser A 1  5.250  09-01-19  AAA  1,000  1,095,130 
Fullerton Community Facilities District,           
Rev Spec Tax Amerige Heights Dist No. 1 (G)  6.200  09-01-32  BB  1,000  1,057,270 
Golden State Tobacco Securitization Corp,           
Rev Asset Backed Bond Ser 2003A  6.250  06-01-33  BBB  3,000  3,246,780 
Irvine, City of,           
Rev Meadows Mobile Home Park Ser 1998A (G)  5.700  03-01-28  BBB-  3,975  4,084,313 
Irwindale Community Redevelopment Agency,           
Rev Ref Tax Alloc Sub Lien Ind'l Dev Proj (G)  7.050  06-01-26  BBB  2,750  2,844,408 
Laguna Salada Union School District,           
Gen Oblig Unltd Ser 2000C  Zero  08-01-26  AAA  1,000  387,250 
Lancaster School District,           
Rev Ref Cert of Part Cap Apprec  Zero  04-01-19  AAA  1,730  943,559 
Rev Ref Cert of Part Cap Apprec  Zero  04-01-22  AAA  1,380  643,190 
Lee Lake Water District,           
Rev Spec Tax Cmty Facil Dist No. 2 Montecito           
Ranch (G)  6.125  09-01-27  BB  1,200  1,268,628 
Long Beach, City of,           
Rev Ref Harbor Ser 1998A  6.000  05-15-18  AAA  2,660  3,033,703 
Rev Spec Tax Cmty Facil Dist No. 6 Pike (G)  6.250  10-01-26  BB-  2,500  2,653,725 
Los Angeles Community Facilities District,           
Rev Spec Tax No. 3 Cascades Business Park           
Proj (G)  6.400  09-01-22  BB+  1,000  1,035,860 
Los Angeles Community Redevelopment Financing Auth,           
Rev MultiFamily Grand Central Square Ser 1993A  5.850  12-01-26  BBB-  2,000  2,001,140 
Los Angeles Unified School District,           
Gen Oblig Unltd Election of 1997 Ser 2002E  5.500  07-01-17  AAA  1,500  1,641,555 
Millbrae, City of,           
Rev Magnolia of Milbrae Proj Ser 1997A (G)  7.375  09-01-27  BB  2,500  2,610,775 
Modesto, City of,           
Rev Spec Tax Cmnty Facil Dist No. 04-1 2 (G)  5.100  09-01-26  BB  2,000  2,015,740 
New Haven Unified School District,           
Gen Oblig Unltd Cap Apprec Ser 1998B  Zero  08-01-22  AAA  14,200  6,059,708 
Northern California Transmission Agency,           
Rev Ref Calif-Oregon Transm Proj Ser 1990A  7.000  05-01-13  AAA  100  115,752 
Northstar Community Services District,           
Rev Special Tax District No. 1 (G)  5.550  09-01-36  BB-  3,000  3,061,260 
Orange Cove Irrigation District,           
Rev Ref Cert of Part Rehab Proj  5.000  02-01-17  AAA  2,045  2,081,810 
Orange, County of,           
Rev Ref Spec Assessment Imp Bond Act of 1915           
Ltd Oblig Dist No. 01-1 (G)  5.000  09-02-26  BB  500  501,955 
Rev Spec Assessment Imp Bond Act 1915 Ltd           
Oblig (G)  5.750  09-02-33  BB+  1,570  1,583,722 
Rev Spec Tax Cmty Facil Dist No. 1 Ladera           
Ranch Ser 2000A (G)  6.250  08-15-30  AA  1,000  1,055,200 

Page 3


John Hancock
California Tax-Free Income Fund
Securities owned by the Fund on
May 31, 2006 (unaudited)

Oxnard, City of,           
Rev Special Tax District No. 3 - Seabridge (G)  5.000  09-01-35  BB  1,500  1,468,290 
Paramount Unified School District,           
Gen Oblig Unltd Cap Apprec Bonds Ser 2001B  Zero  09-01-25  AAA  4,735  1,854,226 
Pasadena, City of,           
Cert of Part Ref Old Pasadena Parking Facil           
Proj  6.250  01-01-18  AA-  1,045  1,172,271 
Poway, City of,           
Rev Ref Cmty Facil Dist No. 88 1 Pkwy           
Business Ctr (G)  6.750  08-15-15  BB  1,000  1,068,720 
Rancho Santa Fe Community Services District,           
Rev Spec Tax Cmty Facil Dist No. 1 (G)  6.700  09-01-30  BB  1,000  1,060,030 
Redondo Beach Public Financing Auth,           
Rev South Bay Center Redevel Proj (G)  7.000  07-01-16  BBB+  950  970,577 
Riverside County Asset Leasing Corp,           
Rev Leasehold Linked Ctfs Riverside County           
Ser 1993A  6.500  06-01-12  A+  1,000  1,119,920 
Sacramento City Financing Auth,           
Rev Convention Ctr Hotel Sr Ser 1999A (G)  6.250  01-01-30  BB+  5,000  5,238,700 
Sacramento Municipal Utility District,           
Rev Ref Electric Ser 2001P  5.250  08-15-21  AAA  1,000  1,056,230 
Sacramento Power Auth,           
Rev Cogeneration Proj  6.000  07-01-22  BBB  12,000  12,264,240 
San Bernardino, County of,           
Rev Cert of Part Cap Facil Proj Ser 1992B  6.875  08-01-24  AAA  350  446,212 
Rev Ref Cert of Part Med Ctr Fin Proj  5.500  08-01-17  AAA  8,750  9,483,425 
San Bruno Park School District,           
Gen Oblig Unltd Cap Apprec Ser 2000B  Zero  08-01-21  AAA  1,015  492,153 
Gen Oblig Unltd Cap Apprec Ser 2000B  Zero  08-01-23  AAA  1,080  470,761 
San Diego County Water Auth,           
Rev Ref Cert of Part Inverse Floater (P)  5.945  04-23-08  AAA  1,000  1,076,640 
Rev Ref Cert of Part Inverse Floater (P)  5.945  04-22-09  AAA  400  445,048 
San Diego Redevelopment Agency,           
Rev Ref Tax Alloc Cap Apprec Ser 1999B (G)  Zero  09-01-17  BB  1,600  881,472 
Rev Ref Tax Alloc Cap Apprec Ser 1999B (G)  Zero  09-01-18  BB  1,700  875,857 
Rev Ref Tax Alloc City Heights Proj           
Ser 1999A (G)  5.800  09-01-28  BB  1,395  1,433,837 
Rev Tax Alloc City Heights Proj Ser 1999A (G)  5.750  09-01-23  BB  1,000  1,023,220 
San Diego Unified School District,           
Gen Oblig Unltd Cap Apprec Ser 1999A  Zero  07-01-21  AAA  2,500  1,217,050 
Gen Oblig Unltd Election of 1998 Ser 2000B  5.000  07-01-25  AAA  2,450  2,561,108 
San Francisco City & County Redevelopment Agency,           
Rev Cmty Facil Dist No. 6 Mission           
Ser 2001A (G)  6.000  08-01-25  BB  2,500  2,610,075 
Rev Spec Tax Cmnty Facil Dist No. 6           
Ser 2005A (G)  5.150  08-01-35  BB  1,250  1,241,325 
San Francisco State Building Auth,           
Rev Ref Lease Dept of Gen Serv Ser 1993A  5.000  10-01-13  A  2,145  2,263,297 
San Joaquin Hills Transportation Corridor Agency,           
Rev Ref Toll Rd Conv Cap Apprec Ser 1997A           
Step Coupon (5.750%, 01-15-07) (O)  Zero  01-15-21  B  5,000  4,749,250 
Rev Toll Rd Sr Lien  Zero  01-01-14  AAA  5,000  3,637,400 
Rev Toll Rd Sr Lien  Zero  01-01-22  AAA  6,500  3,113,305 

Page 4


John Hancock
California Tax-Free Income Fund
Securities owned by the Fund on
May 31, 2006 (unaudited)

San Marcos Public Facilities Auth,           
Rev Sub Tax Increment Proj Area 3           
Ser 1999A (G)  6.000  08-01-31  AA  1,305  1,405,537 
San Mateo County Joint Power Auth,           
Rev Ref Lease Cap Proj Prog  5.000  07-01-21  AAA  1,815  1,929,926 
Santa Ana Financing Auth,           
Rev Lease Police Admin & Hldg Facil Ser 1994A  6.250  07-01-19  AAA  1,790  2,110,786 
Rev Lease Police Admin & Hldg Facil Ser 1994A  6.250  07-01-24  AAA  10,000  12,048,900 
Rev Ref Mainplace Proj Ser 1998D (G)  5.600  09-01-19  BBB-  1,000  1,065,340 
Santa Clara County Financing Auth,           
Rev Ref Lease Multiple Facil Projs Ser 2000B  5.500  05-15-17  AAA  6,000  6,419,700 
Santa Margarita Water District,           
Rev Spec Tax Cmty Facil Dist No. 99 1 (G)  6.000  09-01-30  BB+  500  524,780 
Santaluz Community Facilities District,           
Rev Spec Tax Dist No. 2 Imp Area No. 1 (G)  6.375  09-01-30  BB  1,495  1,530,372 
Southern California Public Power Auth,           
Rev Ref Southern Transm Proj  Zero  07-01-13  AAA  4,400  3,284,688 
Tobacco Securitization Authority of Northern           
California,           
Rev Asset Backed Bond Ser 2001A  5.375  06-01-41  AAA  1,000  1,074,550 
Torrance, City of,           
Rev Ref Hosp Torrance Mem Med Ctr Ser 2001A  5.500  06-01-31  A+  2,000  2,071,180 
Tustin Unified School District,           
Rev Spec Tax Cmty Facil Dist No. 97 1  6.375  09-01-35  AAA  1,000  1,078,760 
University of California,           
Rev Ltd Proj Ser 2005B  5.000  05-15-33  AAA  1,000  1,029,730 
Vallejo Sanitation and Flood Control District,           
Rev Ref Cert of Part  5.000  07-01-19  AAA  2,500  2,668,450 
West Covina Redevelopment Agency,           
Rev Ref Cmty Facil Dist Fashion Plaza Proj  6.000  09-01-22  AA  3,000  3,388,200 
 
Puerto Rico 10.18%          33,392,118 

Puerto Rico Aqueduct and Sewer Auth,           
Rev Ref Inverse Floater (Gtd) (P)  8.095  07-01-11  AAA  7,500  8,953,800 
Puerto Rico Highway & Transportation Auth,           
Rev Ref Ser 1996Z  6.250  07-01-14  AAA  3,250  3,738,573 
Rev Ref Ser 1998A  5.000  07-01-38  AAA  5,000  5,072,900 
Puerto Rico Ind'l, Tourist, Ed'l, Med &           
Environmental Control Facilities Financing Auth,           
Rev Hosp de La Concepcion Ser 2000A  6.500  11-15-20  AA  500  551,500 
Puerto Rico Public Finance Corp,           
Rev Commonwealth Approp Ser 2002E  5.700  08-01-25  Aaa  2,500  2,669,825 
Puerto Rico, Commonwealth of,           
Gen Oblig Unltd  6.500  07-01-15  BBB  6,000  6,871,920 
Gen Oblig Unltd Ser 975 (P)  6.300  07-01-18  Aaa  5,000  5,533,600 

Page 5


John Hancock
California Tax-Free Income Fund
Securities owned by the Fund on
May 31, 2006 (unaudited)

    Interest  Par value   
Issuer, description, maturity date    rate (%)  ($000)  Value 

 
Short-term investments 0.04%      $136,000 
(Cost $136,000)         
 
Joint Repurchase Agreement  0.04%      136,000 

Investment in a joint repurchase agreement       
transaction with Bank of America – Dated 5-31-06,       
due 6-1-06 (secured by U.S. Treasury Inflation       
Indexed Bond 2.375%, due 1-15-06 and 3.625%, due       
4-15-28 and U.S. Treasury Inflation Indexed Note       
4.250%, due 1-15-06)    4.900  136  136,000 

  
Total investments  100.00%      $328,179,664 

Page 6


John Hancock
California Tax-Free Income Fund
Footnotes to Schedule of Investments
May 31, 2006 (unaudited)

(A)  Credit ratings are unaudited and are rated by Moody's Investors Service or Fitch where 
  Standard & Poor's ratings are not available unless indicated otherwise. 
 
(G)  Security rated internally by John Hancock Advisers, LLC. 
 
(N)  This security having an aggregate value of $2,585,200 or 0.79% of the Fund's total investments, has 
  been purchased on a when-issued basis. The purchase price and the interest rate of such securities 
  are fixed at trade date, although the Fund does not earn any interest on such securities until 
  settlement date. The Fund has instructed its custodian bank to segregate assets with a current value 
  at least equal to the amount of its when-issued commitments. Accordingly, the market value 
  of $2,560,754 of Foothill/Eastern Transportation Corridor Agency, 6.000%, 01-01-34 has been segregated 
  to cover the when-issued commitments. 
 
(O)  Cash interest will be paid on this obligation at the stated rate beginning on the stated date. 
 
(P)  Represents rate in effect on May 31, 2006. 
 
  The percentage shown for each investment category is the total value of that category as a percentage 
  of the total investments of the Fund. 
 
  The cost of investments owned on May 31, 2006, including short-term investments, was $303,563,327. 
  Gross unrealized appreciation and depreciation of investments aggregated $25,273,053 and $656,716, 
  respectively, resulting in net unrealized appreciation of $24,616,337. 

Footnotes to Schedule of Investments - Page 1




ITEM 2. CONTROLS AND PROCEDURES.

(a) Based upon their evaluation of the registrant's disclosure controls and procedures as conducted within 90 days of the filing date of this Form N-Q, the registrant's principal executive officer and principal financial officer have concluded that those disclosure controls and procedures provide reasonable assurance that the material information required to be disclosed by the registrant on this report is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission's rules and forms.

(b) There were no changes in the registrant's internal control over financial reporting that occurred during the registrant's last fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting.

ITEM 3. EXHIBITS.

Separate certifications for the registrant's principal executive officer and principal financial officer, as required by Rule 30a-2(a) under the Investment Company Act of 1940, are attached.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

John Hancock California Tax-Free Income Fund

By: /s/ Keith F. Hartstein
-------------------------------------
Keith F. Hartstein
President and Chief Executive Officer

Date: July 27, 2006

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By: /s/ Keith F. Hartstein
-------------------------------------
Keith F. Hartstein
President and Chief Executive Officer

Date: July 27, 2006

By: /s/ John G. Vrysen
-------------------------------------
John G. Vrysen
Executive Vice President and Chief Financial Officer

Date: July 27, 2006