-----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,
 S2N9OAUgdAdksAPuFypBEqEEwS35i1CijnlwQx3TUZlJU3lUGA4mLRtgbS6lyF2z
 TSgcNj/w6H/A5lvUhh5gQw==

<SEC-DOCUMENT>0000000000-09-012476.txt : 20090424
<SEC-HEADER>0000000000-09-012476.hdr.sgml : 20090424
<ACCEPTANCE-DATETIME>20090310172448
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0000000000-09-012476
CONFORMED SUBMISSION TYPE:	UPLOAD
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20090310

FILED FOR:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TANGER FACTORY OUTLET CENTERS INC
		CENTRAL INDEX KEY:			0000899715
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				561815473
		STATE OF INCORPORATION:			NC
		FISCAL YEAR END:			0101

	FILING VALUES:
		FORM TYPE:		UPLOAD

	BUSINESS ADDRESS:	
		STREET 1:		3200 NORTHLINE AVENUE SUITE 360
		CITY:			GREENSBORO
		STATE:			NC
		ZIP:			27408
		BUSINESS PHONE:		3362923010

	MAIL ADDRESS:	
		STREET 1:		3200 NORTHLINE AVENUE SUITE 360
		CITY:			GREENSBORO
		STATE:			NC
		ZIP:			27408
</SEC-HEADER>
<DOCUMENT>
<TYPE>LETTER
<SEQUENCE>1
<FILENAME>filename1.pdf
<TEXT>
<PDF>
begin 644 filename1.pdf
M)5!$1BTQ+C0-)>+CS],-"C4Y(#`@;V)J#3P\+TQI;F5A<FEZ960@,2],(#$S
M.34T+T\@-C$O12`W,30P+TX@,2]4(#$R-S(W+T@@6R`U.38@,3@S73X^#65N
M9&]B:@T@("`@("`@("`@("`@("`@("`@#0IX<F5F#0HU.2`Q-0T*,#`P,#`P
M,#`Q-B`P,#`P,"!N#0HP,#`P,#`P.30V(#`P,#`P(&X-"C`P,#`P,#$R,3D@
M,#`P,#`@;@T*,#`P,#`P,30W,R`P,#`P,"!N#0HP,#`P,#`Q.3$W(#`P,#`P
M(&X-"C`P,#`P,#$Y-3(@,#`P,#`@;@T*,#`P,#`P,S`Q-R`P,#`P,"!N#0HP
M,#`P,#`S,3@S(#`P,#`P(&X-"C`P,#`P,#,V,C(@,#`P,#`@;@T*,#`P,#`P
M-C,Q-2`P,#`P,"!N#0HP,#`P,#`V-34X(#`P,#`P(&X-"C`P,#`P,#8X,30@
M,#`P,#`@;@T*,#`P,#`P-S`V,R`P,#`P,"!N#0HP,#`P,#`P-S<Y(#`P,#`P
M(&X-"C`P,#`P,#`U.38@,#`P,#`@;@T*=')A:6QE<@T*/#PO4VEZ92`W-"]0
M<F5V(#$R-S$V+UA29693=&T@-S<Y+U)O;W0@-C`@,"!2+TEN9F\@-B`P(%(O
M241;/#9%-3E$,D4W.#8T-3$R-3$R1$$W-48R,T(S0S9#139#/CQ!-#9!1C5%
M,#-%-4,X-30V03)$13<S,S<R,$5#,#A".3Y=/CX-"G-T87)T>')E9@T*,`T*
M)25%3T8-"B`@#0HW,R`P(&]B:@T\/"],96YG=&@@.3,O0R`Y."]&:6QT97(O
M1FQA=&5$96-O9&4O22`Q,C`O3"`X,B]3(#,Y/CYS=')E86T-"GC:8F!@X&9@
M8.%A``)Q1094P`S$+`P<#0Q*2(+<4,S`H,S`P[MQ)@,+&X?AE&4*%W@O7&-:
M`)9@8F"0>P>A&:R`F)&!05H70C,?A!O$QL"@OP@BRA@,$&``938*YPT*96YD
M<W1R96%M#65N9&]B:@TW,B`P(&]B:@T\/"],96YG=&@@,C`O1FEL=&5R+T9L
M871E1&5C;V1E+U=;,2`Q(#%=+TEN9&5X6S<@-3)=+T1E8V]D95!A<FUS/#PO
M0V]L=6UN<R`S+U!R961I8W1O<B`Q,CX^+U-I>F4@-3DO5'EP92]84F5F/CYS
M=')E86T-"GC:8F)B9&!B8&`<+A@@P`!":P"?#0IE;F1S=')E86T-96YD;V)J
M#38P(#`@;V)J#3P\+TUA<FM);F9O/#PO3&5T=&5R<W!A8V5&;&%G<R`P+TUA
M<FME9"!T<G5E/CXO365T861A=&$@-2`P(%(O4&EE8V5);F9O/#PO36%R:V5D
M4$1&/#PO3&%S=$UO9&EF:65D*$0Z,C`P.3`S,3`Q-S(S-3@I/CX^/B]086=E
M<R`T(#`@4B]086=E3&%Y;W5T+T]N94-O;'5M;B]3=')U8W14<F5E4F]O="`W
M(#`@4B]4>7!E+T-A=&%L;V<O3&%N9RC^_P!%`$X`+0!5`%,I+TQA<W1-;V1I
M9FEE9"A$.C(P,#DP,S$P,3<R,S4X*2]086=E3&%B96QS(#(@,"!2/CX-96YD
M;V)J#38Q(#`@;V)J#3P\+T-R;W!";WA;,"`P(#8Q,B`W.3)=+U!A<F5N="`T
M(#`@4B]3=')U8W1087)E;G1S(#`O0V]N=&5N=',@-C0@,"!2+U)O=&%T92`P
M+TUE9&EA0F]X6S`@,"`V,3(@-SDR72]297-O=7)C97,\/"]#;VQO<E-P86-E
M/#PO0U,P(#8S(#`@4CX^+T9O;G0\/"]45#`@-C(@,"!2+U14,2`V-2`P(%(O
M5%0R(#8V(#`@4CX^+U!R;V-3971;+U!$1B]497AT72]%>'1'4W1A=&4\/"]'
M4S`@-S$@,"!2/CX^/B]4>7!E+U!A9V4^/@UE;F1O8FH--C(@,"!O8FH-/#PO
M4W5B='EP92]4<G5E5'EP92]&;VYT1&5S8W)I<'1O<B`V."`P(%(O3&%S=$-H
M87(@,3(Q+U=I9'1H<ULR-3`@,"`P(#`@,"`P(#`@,"`P(#`@,"`P(#(U,"`S
M,S,@,C4P(#`@-3`P(#4P,"`U,#`@-3`P(#4P,"`U,#`@-3`P(#4P,"`U,#`@
M-3`P(#(W."`P(#`@,"`P(#`@,"`W,C(@-C8W(#8V-R`W,C(@-C$Q(#4U-B`W
M,C(@,"`S,S,@,"`W,C(@-C$Q(#@X.2`W,C(@-S(R(#4U-B`P(#`@-34V(#8Q
M,2`P(#`@.30T(#`@,"`P(#`@,"`P(#`@,"`P(#0T-"`U,#`@-#0T(#4P,"`T
M-#0@,S,S(#4P,"`U,#`@,C<X(#`@,"`R-S@@-S<X(#4P,"`U,#`@-3`P(#`@
M,S,S(#,X.2`R-S@@-3`P(#4P,"`W,C(@-3`P(#4P,%TO0F%S949O;G0O5&EM
M97-.97=2;VUA;E!3350O1FER<W1#:&%R(#,R+T5N8V]D:6YG+U=I;D%N<VE%
M;F-O9&EN9R]4>7!E+T9O;G0^/@UE;F1O8FH--C,@,"!O8FH-6R])0T-"87-E
M9"`V-R`P(%)=#65N9&]B:@TV-"`P(&]B:@T\/"],96YG=&@@.3DU+T9I;'1E
M<B]&;&%T941E8V]D93X^<W1R96%M#0I(B8Q6VV[;.!!]]U?,([6P9%+4M2@*
M;.PDZ+9N@XV`?2CV097I6`M;"B@ZK?]^AZ(M2RD5-09"2AR=N9X9WF2SQ0.\
M?[]8+S^N@,*'#S>K)<P6RT<*18,O]`^:HIHM[O'54S-;9!D%!MEVQOSV%)>4
M0DP3+XT@.\P(.-E_L]NUAKE"LPLT!9=Y+(1L-2+I7R2S/T8D^*1$,"D13DI$
MDQ)Q7V*=EWMX5/4S!&'$K/+)1=[W8@S`#W#Y)1B;V3<"E[]U+HL=.'X<4L+H
M_+SS*4W!X1%%8_[-_OH%/;U&&*%'C69=DJE'*?4A*\#56Y;H[WH6D;7TT"/Q
M(BJX\2#+JR<A[9AL@!ETF'K;VO*-/$C1E!M1.2%1D.ME`\M=*;9P^U,41U6^
M"/BZW98%Z@"[AZPK#6-P=''T;-I=7JA:GN#K4>V%@J6HE)#-'#Y6A6>WFX_$
M0F\--,>PPY=:JMV^K`3\B<$X"CM8,!4$\G@LE0!,H1T@'+AGS!E:<R^%J)KO
MM:SG\&4)X,<!3>Q@7?DB89DA+&T!-=:9A&^PD,6][_WS]T._3/QY!Z5K^&_Q
M#AR7^2&;3HH3$YT7:Z:3-Q/3ZR%(&\=M^7'6]R#K9R%5*1KXC!I*/"4'#/L&
M'G*I*M2]*Y]'M*:#!"1)EP!F86NK-NW6NUH>&F27^\EQ(P+;6H+2NYWC$P$G
MX;@AR66KMT5/68?>U@>+/):&.CTMNJ@V:/*J_:S0_\3A.WK'V1RP(F.[`SZU
M5)!N-B9L[EG'H.?<E7M49%H,]1=^LM`5945G`W3C@$9/6<=R0).W955J.FNK
M-3!V+$S*SU.K)"2/*E?BH$.#I3"B:4CT-.XTQ3U-5\M#0H,%Y0O'C8FVOM4Y
M`LV'.8ZOY<PU=M3K?UH!<K_Q`$]=S9)7F3,,"+THZ1+'6)I$V-\VP#EWM9>4
MAWYD=FS$IJ#'-?J:JRYCK0)M5]#:91^;X63[68E<@F[JABKO[#A1;XX,VD7P
MUM".!]KY-:KL]53Y1\`NQV9?U(=G[`B8POHH08J74OR`>@LG_:AU6*G/0B]E
M7;0UZ9R$:-KIW']J`R_%/M>PVQ);]E.CW^&T@4T-5:WF)@4M8&3"F[2(/5+D
M"M2N;$"5&ASKF)&YL3FO3K`]XC!`*J+]Y^.(5*H9Z61^\FLX^]&P1S/][=L2
MI\-+16&_5#QJFC#LAC@Q$E(9NA?Z*44/VD6:,_T4!F1OGDY&<FX6NXN<#5S$
M-C'A'O^-*][T'8\'D\-[E5>EV,-G#^YKN:DK.\ZKL1MU?;F[7]S(O,(;F;FN
M6#$LI!DW/)[V+9D6N0ZKD8C?9K/_!1@`P4ZYS@T*96YD<W1R96%M#65N9&]B
M:@TV-2`P(&]B:@T\/"]3=6)T>7!E+U1R=654>7!E+T9O;G1$97-C<FEP=&]R
M(#8Y(#`@4B],87-T0VAA<B`S,B]7:61T:'-;,C4P72]"87-E1F]N="]4:6UE
M<TYE=U)O;6%N4%,M271A;&EC350O1FER<W1#:&%R(#,R+T5N8V]D:6YG+U=I
M;D%N<VE%;F-O9&EN9R]4>7!E+T9O;G0^/@UE;F1O8FH--C8@,"!O8FH-/#PO
M4W5B='EP92]4<G5E5'EP92]&;VYT1&5S8W)I<'1O<B`W,"`P(%(O3&%S=$-H
M87(@,3(Q+U=I9'1H<ULR-3`@,"`P(#`@,"`P(#`@,"`P(#`@,"`P(#(U,"`S
M,S,@,C4P(#(W."`U,#`@-3`P(#4P,"`U,#`@-3`P(#4P,"`U,#`@-3`P(#4P
M,"`U,#`@,S,S(#`@,"`P(#`@,"`P(#`@,"`W,C(@-S(R(#`@-C$Q(#`@,"`S
M.#D@,"`W-S@@-C8W(#`@-S(R(#<W."`V,3$@,"`W,C(@-34V(#8V-R`P(#`@
M,"`P(#`@,"`P(#`@,"`P(#`@,"`U,#`@-34V(#0T-"`U-38@-#0T(#,S,R`U
M,#`@-34V(#(W."`P(#`@,C<X(#@S,R`U-38@-3`P(#4U-B`P(#0T-"`S.#D@
M,S,S(#4U-B`U,#`@,"`U,#`@-3`P72]"87-E1F]N="]4:6UE<TYE=U)O;6%N
M4%,M0F]L9$U4+T9I<G-T0VAA<B`S,B]%;F-O9&EN9R]7:6Y!;G-I16YC;V1I
M;F<O5'EP92]&;VYT/CX-96YD;V)J#38W(#`@;V)J#3P\+TQE;F=T:"`R-3DX
M+T9I;'1E<B]&;&%T941E8V]D92].(#,O06QT97)N871E+T1E=FEC95)'0CX^
M<W1R96%M#0IHWIR6=U14UQ:'S[UW>J'-,-(9>I,N,(#T+B`=!%$89@88R@##
M#$ULB*A`1!$1`460H(`!HZ%(K(AB(2BH8`]($%!B,(JHJ&1&UDI\>7GOY>7W
MQ[W?VF?O<_?9>Y^U+@`D3Q\N+P66`B"9)^`'>CC35X5'T+']``9X@`&F`#!9
MZ:F^0>[!0"0O-Q=ZNL@)_(O>#`%(_+YEZ.E/IX/_3]*L5+X``,A?Q.9L3CI+
MQ/DB3LH4I(KM,R*FQB2*&4:)F2]*4,1R8HY;Y*6??1;94<SL9!Y;Q.*<4]G)
M;#'WB'A[AI`C8L1'Q`497$ZFB&^+6#-)F,P5\5MQ;#*'F0X`BB2V"SBL>!&;
MB)C$#PYT$?%R`'"DN"\XY@L6<+($XD.YI*1F\[EQ\0*Z+DN/;FIMS:![<C*3
M.`*!H3^3E<CDL^DN*<FI3%XV`(MG_BP9<6WIHB);FEI;6AJ:&9E^4:C_NO@W
M)>[M(KT*^-PSB-;WA^VO_%+J`&#,BFJSZP];S'X`.K8"('?_#YOF(0`D17UK
MO_'%>6CB>8D7"%)MC(TS,S.-N!R6D;B@O^M_.OP-??$](_%VOY>'[LJ)90J3
M!'1QW5@I22E"/CT]E<GBT`W_/,3_./"O\U@:R(GE\#D\442H:,JXO#A1NWEL
MKH";PJ-S>?^IB?\P[$]:G&N1*/6?`#7*"$C=H`+DYSZ`HA`!$GE0W/7?^^:#
M#P7BFQ>F.K$X]Y\%_?NN<(GXD<Z-^QSG$AA,9PGY&8MKXFL)T(``)`$5R`,5
MH`%T@2$P`U;`%C@"-[`"^(%@$`[6`A:(!\F`#S)!+M@,"D`1V`7V@DI0`^I!
M(V@!)T`'.`TN@,O@.K@)[H`'8`2,@^=@!KP!\Q`$82$R1('D(55("S*`S"`&
M9`^Y03Y0(!0.14-Q$`\20KG0%J@(*H4JH5JH$?H6.@5=@*Y"`]`]:!2:@GZ%
MWL,(3(*IL#*L#1O##-@)]H:#X35P')P&Y\#Y\$ZX`JZ#C\'M\`7X.GP''H&?
MP[,(0(@(#5%##!$&XH+X(1%(+,)'-B"%2#E2A[0@74@O<@L90::1=R@,BH*B
MHPQ1MBA/5`B*A4I#;4`5HRI11U'MJ![4+=0H:@;U"4U&*Z$-T#9H+_0J=!PZ
M$UV`+D<WH-O0E]!WT./H-Q@,AH;1P5AA/#'AF`3,.DPQY@"F%7,>,X`9P\QB
ML5AYK`'6#NN'96(%V`+L?NPQ[#GL('8<^Q9'Q*GBS'#NN`@<#Y>'*\<UX<[B
M!G$3N'F\%%X+;X/WP[/QV?@2?#V^"W\#/XZ?)T@3=`AVA&!"`F$SH8+00KA$
M>$AX1202U8G6Q``BE[B)6$$\3KQ"'"6^(\F0]$DNI$B2D+23=(1TGG2/](I,
M)FN3'<D19`%Y)[F1?)'\F/Q6@B)A).$EP9;8*%$ET2XQ*/%"$B^I)>DDN58R
M1[)<\J3D#<EI*;R4MI2+%%-J@U25U"FI8:E9:8JTJ;2?=+)TL723]%7I21FL
MC+:,FPQ;)E_FL,Q%F3$*0M&@N%!8E"V4>LHERC@50]6A>E$3J$74;ZC]U!E9
M&=EELJ&R6;)5LF=D1V@(39OF14NBE=!.T(9H[Y<H+W%:PEFR8TG+DL$E<W**
M<HYR'+E"N5:Y.W+OY>GR;O*)\KOE.^0?*:`4]!4"%#(5#BI<4IA6I"K:*K(4
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M`IL3-K_8&MHFVC;93B[76<Y97K]\S$[=CFE7:S=B3[>/MC]D/^*@YL!TJ'-X
MXJCAR'9L<)QPTG-*<#KF],+9Q)GOW.8\YV+CLM[EO"OBZN%:Z-KO)N,6XE;I
M]MA=W3W.O=E]QL/"8YW'>4^TI[?G;L]A+V4OEE>CU\P*JQ7K5_1XD[R#O"N]
MG_CH^_!]NGQAWQ6^>WP?KM1:R5O9X0?\O/SV^#WRU_%/\_\^`!/@'U`5\#30
M-#`WL#>($A05U!3T)M@YN"3X08ANB#"D.U0R-#*T,70NS#6L-&QDE?&J]:NN
MARN$<\,[([`1H1$-$;.KW5;O73T>:1%9$#FT1F=-UIJK:Q76)JT]$R49Q8PZ
M&8V.#HMNBO[`]&/6,6=CO&*J8V98+JQ]K.=L1W89>XICQRGE3,3:Q9;&3L;9
MQ>V)FXIWB"^/G^:Z<"NY+Q,\$VH2YA+]$H\D+B2%);4FXY*CDT_Q9'B)O)X4
ME92LE(%4@]2"U)$TF[2]:3-\;WY#.I2^)KU30!7]3/4)=85;A:,9]AE5&6\S
M0S-/9DEG\;+ZLO6S=V1/Y+CG?+T.M8ZUKCM7+7=S[NAZI_6U&Z`-,1NZ-VIL
MS-\XOLECT]'-A,V)FW_(,\DKS7N])6Q+5[YR_J;\L:T>6YL+)`KX!</;;+?5
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M,S`4,G1W.')XY"[[[N2]I'LO[V?<GW^PZ2'Z8>$CJ4?ECY4>U_VH]V/KB.7(
MF5'7T;XG04\>C+'&GO^4_M.'\?RGY*?E$ZH3C9-FDZ>GW*=N/EO];/QYZO/Y
MZ8*?I7^N?J'[XKM?''_IFUDU,_Z2_W+AU^)7\J^.O%[VNGO6?_;QF^0W\W.%
M;^7?'GW'>-?[/NS]Q'SF!^R'BH]Z'[L^>7]ZN)"\L/";``,`]X3S^PH-"F5N
M9'-T<F5A;0UE;F1O8FH--C@@,"!O8FH-/#PO4W1E;58@.#(O1F]N=$YA;64O
M5&EM97-.97=2;VUA;E!3350O1F]N=%-T<F5T8V@O3F]R;6%L+T9O;G1796EG
M:'0@-#`P+T9L86=S(#,T+T1E<V-E;G0@+3(Q-B]&;VYT0D)O>%LM-38X("TS
M,#<@,C`P,"`Q,#`W72]!<V-E;G0@.#DQ+T9O;G1&86UI;'DH5&EM97,@3F5W
M(%)O;6%N*2]#87!(96EG:'0@-C4V+UA(96EG:'0@+34T-B]4>7!E+T9O;G1$
M97-C<FEP=&]R+TET86QI8T%N9VQE(#`^/@UE;F1O8FH--CD@,"!O8FH-/#PO
M4W1E;58@-S$N-S0R+T9O;G1.86UE+U1I;65S3F5W4F]M86Y04RU)=&%L:6--
M5"]&;VYT4W1R971C:"].;W)M86PO1F]N=%=E:6=H="`T,#`O1FQA9W,@.3@O
M1&5S8V5N="`M,C$V+T9O;G1"0F]X6RTT.3@@+3,P-R`Q,3(P(#$P,C-=+T%S
M8V5N="`X.3$O1F]N=$9A;6EL>2A4:6UE<R!.97<@4F]M86XI+T-A<$AE:6=H
M="`V-38O6$AE:6=H="`M-30V+U1Y<&4O1F]N=$1E<V-R:7!T;W(O271A;&EC
M06YG;&4@+3$U/CX-96YD;V)J#3<P(#`@;V)J#3P\+U-T96U6(#$S-B]&;VYT
M3F%M92]4:6UE<TYE=U)O;6%N4%,M0F]L9$U4+T9O;G13=')E=&-H+TYO<FUA
M;"]&;VYT5V5I9VAT(#<P,"]&;&%G<R`S-"]$97-C96YT("TR,38O1F]N=$)"
M;WA;+34U."`M,S`W(#(P,#`@,3`R-ETO07-C96YT(#@Y,2]&;VYT1F%M:6QY
M*%1I;65S($YE=R!2;VUA;BDO0V%P2&5I9VAT(#8U-B]82&5I9VAT("TU-#8O
M5'EP92]&;VYT1&5S8W)I<'1O<B])=&%L:6-!;F=L92`P/CX-96YD;V)J#3<Q
M(#`@;V)J#3P\+T]032`Q+T]0(&9A;'-E+V]P(&9A;'-E+U1Y<&4O17AT1U-T
M871E+U-!(&9A;'-E+U--(#`N,#(^/@UE;F1O8FH-,2`P(&]B:@T\/"]&:7)S
M="`T,#,O3&5N9W1H(#@V-2]&:6QT97(O1FQA=&5$96-O9&4O3B`U,B]4>7!E
M+T]B:E-T;3X^<W1R96%M#0IXVNR606\3,1"%^2ESA`-X[;'77JE"*FDKJI2V
M:EIQJ#@LK1LBTMUHNT'TW_.\T]`2"5@?4"\<DLGLOOGLF;=QXJF@0+HHJ"*K
M'3Z194M:4UDR:4.>-6FFX)!9JCS$4.G"D"YQWR#Q$-B*-&Y9#QD^>F?)%+A4
M>#(`!*?)H"14CDR2<$4&RU2!"0A3&.A*1`]=*L%-$Q`]$D@-(%P@EB5A0X:Q
M03:(#CD0MD".$FN1@V<KY.`YO#$0KBJ(P2MQ,RU=!O0)GL?B-BWID8,7T)P%
M+Y08!W@5>K;@50XY4`5&83VB"V0#ME(@KQ"1."R!QLBEK4'D#&)E")-CQB8P
M$N:`'%NP:#)MW7KDX#D,$4BT8VAG1TWA24%GZK3N8M.?=S'"GE\O',?O_33>
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MW=9+=:KVF^NF[2,NX.T`MC]F%\UU[!Y7!_4P80_505??Q@'S/M;0`/-+#]B'
M**7O8:E++0/5,E`M`]4R4"T#U5XF*522BH&!#5S%W9L>5XLWQ=#)[G(QQPSZ
MNNO5":9]G_K\V"WZ13/_T%Y'==2=?Y;"=_&F[>+/RD/TU?1#BNZ?9`/L,?]G
M*W/YQZ5?I_O/U/:_7?LOC3_CS)]QY,:9M/;_@_4W!RM,V7TX"]1D<W!-J<"!
M&QX.W,UI-J?R\:?J9]$4/W?CM29#RQE:FZ%U&=IRA):WA^='%-GMHC"Z:$I5
MCCM95N9XJ7/,U#ENZAP[=8Z?>HRA;ML;[4=701QR]I-CI<FQTF1]+<=866Z/
MQ>1X:G(\->,]G6S^)J'JJ;F;/T^_L\GD>&I"CCC'4Q[CJ=^>/.O151";'#'G
MB&V.V.6(RQRQSQ'G?#VY^N,3]4.``0!<S.X$#0IE;F1S=')E86T-96YD;V)J
M#3(@,"!O8FH-/#PO3G5M<ULP(#,@,"!273X^#65N9&]B:@TS(#`@;V)J#3P\
M+U,O1#X^#65N9&]B:@TT(#`@;V)J#3P\+T-O=6YT(#$O5'EP92]086=E<R]+
M:61S6S8Q(#`@4ET^/@UE;F1O8FH--2`P(&]B:@T\/"]3=6)T>7!E+UA-3"],
M96YG=&@@-#`X.2]4>7!E+TUE=&%D871A/CYS=')E86T-"CP_>'!A8VME="!B
M96=I;CTB[[N_(B!I9#TB5S5-,$UP0V5H:4AZ<F53>DY48WIK8SED(C\^"CQX
M.GAM<&UE=&$@>&UL;G,Z>#TB861O8F4Z;G,Z;65T82\B('@Z>&UP=&L](D%D
M;V)E(%A-4"!#;W)E(#0N,"UC,S$V(#0T+C(U,SDR,2P@4W5N($]C="`P,2`R
M,#`V(#$W.C$T.C,Y(CX*("`@/')D9CI21$8@>&UL;G,Z<F1F/2)H='1P.B\O
M=W=W+G<S+F]R9R\Q.3DY+S`R+S(R+7)D9BUS>6YT87@M;G,C(CX*("`@("`@
M/')D9CI$97-C<FEP=&EO;B!R9&8Z86)O=70](B(*("`@("`@("`@("`@>&UL
M;G,Z<&1F/2)H='1P.B\O;G,N861O8F4N8V]M+W!D9B\Q+C,O(CX*("`@("`@
M("`@/'!D9CI0<F]D=6-E<CY!8W)O8F%T($1I<W1I;&QE<B`X+C$N,"`H5VEN
M9&]W<RD\+W!D9CI0<F]D=6-E<CX*("`@("`@/"]R9&8Z1&5S8W)I<'1I;VX^
M"B`@("`@(#QR9&8Z1&5S8W)I<'1I;VX@<F1F.F%B;W5T/2(B"B`@("`@("`@
M("`@('AM;&YS.G!D9G@](FAT='`Z+R]N<RYA9&]B92YC;VTO<&1F>"\Q+C,O
M(CX*("`@("`@("`@/'!D9G@Z0V]M<&%N>3Y396-U<FET:65S(&%N9"!%>&AA
M;F=E($-O;6UI<W-I;VX\+W!D9G@Z0V]M<&%N>3X*("`@("`@("`@/'!D9G@Z
M4V]U<F-E36]D:69I960^1#HR,#`Y,#,P.#(P,S,P-CPO<&1F>#I3;W5R8V5-
M;V1I9FEE9#X*("`@("`@/"]R9&8Z1&5S8W)I<'1I;VX^"B`@("`@(#QR9&8Z
M1&5S8W)I<'1I;VX@<F1F.F%B;W5T/2(B"B`@("`@("`@("`@('AM;&YS.GAA
M<#TB:'1T<#HO+VYS+F%D;V)E+F-O;2]X87`O,2XP+R(^"B`@("`@("`@(#QX
M87`Z0W)E871O<E1O;VP^06-R;V)A="!01$9-86ME<B`X+C$@9F]R(%=O<F0\
M+WAA<#I#<F5A=&]R5&]O;#X*("`@("`@("`@/'AA<#I-;V1I9GE$871E/C(P
M,#DM,#,M,3!4,3<Z,C,Z-3@M,#0Z,#`\+WAA<#I-;V1I9GE$871E/@H@("`@
M("`@("`\>&%P.D-R96%T941A=&4^,C`P.2TP,RTQ,%0Q-SHR,SHU-"TP-#HP
M,#PO>&%P.D-R96%T941A=&4^"B`@("`@("`@(#QX87`Z365T861A=&%$871E
M/C(P,#DM,#,M,3!4,3<Z,C,Z-3@M,#0Z,#`\+WAA<#I-971A9&%T841A=&4^
M"B`@("`@(#PO<F1F.D1E<V-R:7!T:6]N/@H@("`@("`\<F1F.D1E<V-R:7!T
M:6]N(')D9CIA8F]U=#TB(@H@("`@("`@("`@("!X;6QN<SIX87!-33TB:'1T
M<#HO+VYS+F%D;V)E+F-O;2]X87`O,2XP+VUM+R(^"B`@("`@("`@(#QX87!-
M33I$;V-U;65N=$E$/G5U:60Z8F8U,S!C-V(M.#(V8BTT,S,T+3DV-&(M-6(Y
M8CDR9F5F.61C/"]X87!-33I$;V-U;65N=$E$/@H@("`@("`@("`\>&%P34TZ
M26YS=&%N8V5)1#YU=6ED.F4W8C`Y-C,S+60T8V$M-#4P."TX,#`U+3DY,#(W
M93!A,S-E,#PO>&%P34TZ26YS=&%N8V5)1#X*("`@("`@("`@/'AA<$U-.G-U
M8FIE8W0^"B`@("`@("`@("`@(#QR9&8Z4V5Q/@H@("`@("`@("`@("`@("`\
M<F1F.FQI/C(\+W)D9CIL:3X*("`@("`@("`@("`@/"]R9&8Z4V5Q/@H@("`@
M("`@("`\+WAA<$U-.G-U8FIE8W0^"B`@("`@(#PO<F1F.D1E<V-R:7!T:6]N
M/@H@("`@("`\<F1F.D1E<V-R:7!T:6]N(')D9CIA8F]U=#TB(@H@("`@("`@
M("`@("!X;6QN<SID8STB:'1T<#HO+W!U<FPN;W)G+V1C+V5L96UE;G1S+S$N
M,2\B/@H@("`@("`@("`\9&,Z9F]R;6%T/F%P<&QI8V%T:6]N+W!D9CPO9&,Z
M9F]R;6%T/@H@("`@("`@("`\9&,Z8W)E871O<CX*("`@("`@("`@("`@/')D
M9CI397$^"B`@("`@("`@("`@("`@(#QR9&8Z;&D^=7,\+W)D9CIL:3X*("`@
M("`@("`@("`@/"]R9&8Z4V5Q/@H@("`@("`@("`\+V1C.F-R96%T;W(^"B`@
M("`@("`@(#QD8SIT:71L93X*("`@("`@("`@("`@/')D9CI!;'0^"B`@("`@
M("`@("`@("`@(#QR9&8Z;&D@>&UL.FQA;F<](G@M9&5F875L="(^3&5T=&5R
M(&9O<FUA="!F;W(@1F]R;2`Q,"U+("\@,3`M2U-"("\@,C`M1B!R979I97<@
M*&%S(&]F(#DO,C`O,#$I/"]R9&8Z;&D^"B`@("`@("`@("`@(#PO<F1F.D%L
M=#X*("`@("`@("`@/"]D8SIT:71L93X*("`@("`@/"]R9&8Z1&5S8W)I<'1I
M;VX^"B`@(#PO<F1F.E)$1CX*/"]X.GAM<&UE=&$^"B`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`*("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@(`H@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@"B`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`*("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@(`H@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@"B`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`*("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@(`H@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@"B`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`*("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@(`H@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@"B`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`*("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@(`H@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@"B`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`*("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@(`H@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@"B`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`*("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@(`H@("`@("`@("`@("`@("`@("`@
M("`@("`@("`*/#]X<&%C:V5T(&5N9#TB=R(_/@T*96YD<W1R96%M#65N9&]B
M:@TV(#`@;V)J#3P\+T-R96%T:6]N1&%T92A$.C(P,#DP,S$P,3<R,S4T+3`T
M)S`P)RDO075T:&]R*'5S*2]#<F5A=&]R*$%C<F]B870@4$1&36%K97(@."XQ
M(&9O<B!7;W)D*2]0<F]D=6-E<BA!8W)O8F%T($1I<W1I;&QE<B`X+C$N,"!<
M*%=I;F1O=W-<*2DO36]D1&%T92A$.C(P,#DP,S$P,3<R,S4X+3`T)S`P)RDO
M0V]M<&%N>2A396-U<FET:65S(&%N9"!%>&AA;F=E($-O;6UI<W-I;VXI+U-O
M=7)C94UO9&EF:65D*$0Z,C`P.3`S,#@R,#,S,#8I+U1I=&QE*$QE='1E<B!F
M;W)M870@9F]R($9O<FT@,3`M2R`O(#$P+4M30B`O(#(P+48@<F5V:65W(%PH
M87,@;V8@.2\R,"\P,5PI*3X^#65N9&]B:@UX<F5F#0HP(#4Y#0HP,#`P,#`P
M,#`P(#8U-3,U(&8-"C`P,#`P,#<Q-#`@,#`P,#`@;@T*,#`P,#`P.#$P,2`P
M,#`P,"!N#0HP,#`P,#`X,3,U(#`P,#`P(&X-"C`P,#`P,#@Q-3D@,#`P,#`@
M;@T*,#`P,#`P.#(Q,2`P,#`P,"!N#0HP,#`P,#$R,S<W(#`P,#`P(&X-"C`P
M,#`P,#`P,#`@-C4U,S4@9@T*,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P
M,#`P(#8U-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@9@T*,#`P,#`P,#`P,"`V
M-34S-2!F#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@
M9@T*,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P
M,#`P,#`P,#`@-C4U,S4@9@T*,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P
M,#`P(#8U-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@9@T*,#`P,#`P,#`P,"`V
M-34S-2!F#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@
M9@T*,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P
M,#`P,#`P,#`@-C4U,S4@9@T*,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P
M,#`P(#8U-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@9@T*,#`P,#`P,#`P,"`V
M-34S-2!F#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@
M9@T*,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P
M,#`P,#`P,#`@-C4U,S4@9@T*,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P
M,#`P(#8U-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@9@T*,#`P,#`P,#`P,"`V
M-34S-2!F#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@
M9@T*,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P
M,#`P,#`P,#`@-C4U,S4@9@T*,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P
M,#`P(#8U-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@9@T*,#`P,#`P,#`P,"`V
M-34S-2!F#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@
M9@T*,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P
M,#`P,#`P,#`@-C4U,S4@9@T*,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P
M,#`P(#8U-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@9@T*,#`P,#`P,#`P,"`V
M-34S-2!F#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@
M9@T*=')A:6QE<@T*/#PO4VEZ92`U.3X^#0IS=&%R='AR968-"C$Q-@T*)25%
$3T8-"C\_
`
end
</PDF>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----