-----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, FgnqV8bsRJB3tenkBOfH/6xvylZp/3+5MEjUE7RZF+WPXmopK0xe9m1juqr7tc/b WGVOvR04vwUzokYfQl7iiA== 0001104659-07-035419.txt : 20070503 0001104659-07-035419.hdr.sgml : 20070503 20070503164059 ACCESSION NUMBER: 0001104659-07-035419 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 4 FILED AS OF DATE: 20070503 DATE AS OF CHANGE: 20070503 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SINCLAIR BROADCAST GROUP INC CENTRAL INDEX KEY: 0000912752 STANDARD INDUSTRIAL CLASSIFICATION: TELEVISION BROADCASTING STATIONS [4833] IRS NUMBER: 521494660 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-86712 FILM NUMBER: 07816059 BUSINESS ADDRESS: STREET 1: 2000 WEST 41ST ST CITY: BALTIMORE STATE: MD ZIP: 21211 BUSINESS PHONE: 4104675005 MAIL ADDRESS: STREET 1: 2000 W 41ST ST CITY: BALTIMORE STATE: MD ZIP: 21211 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SINCLAIR BROADCAST GROUP INC CENTRAL INDEX KEY: 0000912752 STANDARD INDUSTRIAL CLASSIFICATION: TELEVISION BROADCASTING STATIONS [4833] IRS NUMBER: 521494660 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 2000 WEST 41ST ST CITY: BALTIMORE STATE: MD ZIP: 21211 BUSINESS PHONE: 4104675005 MAIL ADDRESS: STREET 1: 2000 W 41ST ST CITY: BALTIMORE STATE: MD ZIP: 21211 FWP 1 a07-12065_3fwp.htm FWP

 

Filed Pursuant to Rule 433

Registration No. 333-86712

 

Sinclair Broadcast Group, Inc.
$300,000,000 Convertible Senior Notes due 2027

 

 

 

Security Information

 

Call Schedule

Company name

 

Sinclair Broadcast Group, Inc.

 

First call date

 

Call Price

Security

 

Convertible Senior Notes

 

5/20/2010

 

100%

Registration format

 

Registered

 

 

 

 

CUSIP

 

829226AW9

 

Put Schedule

 

 

ISIN

 

US829226AW93

 

Put schedule

 

Put Price

Ranking

 

Senior Unsecured

 

5/15/2010

 

100%

Common stock ticker

 

Nasdaq: “SBGI”

 

5/15/2017

 

100%

 

 

 

 

5/15/2022

 

100%

 

 

 

 

 

 

 

Size

 

Underwriters’ Economic Breakdown

Economics

 

 

Bonds

 

Deal size

 

Joint Book-Running Managers

 

Deutsche Bank

 

50.00%

Base deal

 

300,000

 

$300,000,000

 

 

 

UBS

 

25.00%

Underwriters’ option

 

45,000

 

$45,000,000

 

 

 

 

 

 

Total

 

345,000

 

$345,000,000

 

Co-managers

 

JP Morgan

 

15.00%

 

 

 

 

 

 

 

 

Wachovia

 

10.00%

Terms

 

 

 

 

 

 

 

 

 

 

Par amount per bond

 

 

 

$1,000

 

Underwriting discount and commissions

 

$17.50

Coupon

 

 

 

3.00%

 

 

 

 

 

 

Conversion premium

 

 

 

33.3%

 

Selling concessions

 

 

 

$10.50

Closing stock price

 

 

 

$15.33

 

Management fee

 

 

 

$3.50

Initial conversion price

 

 

 

$20.43

 

Underwriting fee

 

 

 

$3.50

Initial conversion rate (approximate)

 

48.9476

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dates

 

 

 

 

 

 

 

 

Trade Date

 

05/03/07

 

The issuer has filed a registration statement (including a prospectus) with the SEC for

Settlement Date

 

05/10/07

 

the offering to which this communication relates. Before you invest, you should read

Maturity

 

20 Years

 

the prospectus in that registration statement and other documents the issuer has filed

Maturity Date

 

05/15/27

 

with the SEC for more complete information about the issuer and this offering. You

Coupon Payment Dates

 

05/15, 11/15

 

may get these documents for free by visiting EDGAR on the SEC Web site at

First Coupon Date

 

11/15/07

 

www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in

 

 

 

 

the offering will arrange to send you the prospectus if you request it by calling toll-free

 

 

 

 

1-800-503-4611.

 

 

 

 

 

 

 

 

 

 

 

 




 

Adjustment to Conversion Rate upon Conversion upon Fundamental Change

 

 

 

 

 

Assumptions

 

 

 

 

Stock price at issue

 

$15.33

 

Adjustment to Shares Delivered Upon Conversion Upon a Fundamental Change in Control

Conversion premium

 

33.3%

 

The terms of the note with respect to such provision included in the preliminary prospectus supplement dated

Conversion price

 

$20.43

 

 May 2, 2007 are amended in that the first sentence in the second paragraph in the heading listed above shall

Face value

 

$1,000.00

 

read “A fundamental change in control is any fundamental change included in the first, third, or fifth bullet of

Approximate conversion rate

 

48.9476

 

the definition of that term below under”-Repurchase of Notes at Your Option Upon a Fundamental Change”.

 

 

Share price

 

 Effective Date

 

$15.33

 

$16.00

 

$17.00

 

$18.00

 

$19.00

 

$20.00

 

$21.00

 

$22.00

 

$23.00

 

$24.00

 

$25.00

 

$27.50

 

$30.00

 

$35.00

 

 05/02/07

 

16.28

 

14.42

 

12.04

 

10.04

 

8.35

 

6.93

 

5.72

 

4.70

 

3.83

 

3.10

 

2.48

 

1.33

 

0.60

 

0.00

 

 11/15/07

 

16.27

 

14.36

 

11.91

 

9.86

 

8.14

 

6.70

 

5.48

 

4.46

 

3.60

 

2.88

 

2.28

 

1.17

 

0.48

 

0.00

 

 05/15/08

 

16.20

 

14.23

 

11.71

 

9.61

 

7.85

 

6.39

 

5.17

 

4.15

 

3.30

 

2.60

 

2.01

 

0.96

 

0.35

 

0.00

 

 11/15/08

 

16.05

 

14.00

 

11.37

 

9.21

 

7.41

 

5.93

 

4.70

 

3.70

 

2.87

 

2.20

 

1.65

 

0.70

 

0.19

 

0.00

 

 05/15/09

 

15.84

 

13.67

 

10.89

 

8.62

 

6.77

 

5.25

 

4.03

 

3.05

 

2.26

 

1.64

 

1.15

 

0.37

 

0.04

 

0.00

 

 11/15/09

 

15.74

 

13.34

 

10.26

 

7.78

 

5.78

 

4.20

 

2.98

 

2.05

 

1.35

 

0.84

 

0.49

 

0.04

 

0.00

 

0.00

 

 05/15/10

 

16.28

 

13.56

 

9.88

 

6.61

 

3.70

 

1.26

 

0.15

 

0.00

 

0.00

 

0.00

 

0.00

 

0.00

 

0.00

 

0.00

 

 

 



GRAPHIC 2 g120653lai001.jpg GRAPHIC begin 644 g120653lai001.jpg M_]C_[@`.061O8F4`9(`````!_]L`A``"`@("`@("`@("`P("`@,$`P,#`P0% M!`0$!`0%!04%!04%!04%!P@("`<%"0H*"@H)#`P,#`P,#`P,#`P,#`P,`0," M`@,#`P<%!0<-"@D*#0\-#0T-#P\,#`P,#`\/#`P,#`P,#PP.#@X.#@P1$1$1 M$1$1$1$1$1$1$1$1$1$1$1'_P``1"``X`(L#`1$``A$!`Q$!_\0!H@````$S%F+P)'*"\25#-%.2HK)C<\(U1">3H[,V%U1D=,/2X@@F M@PD*&!F$E$5&I+16TU4H&O+C\\34Y/1E=865I;7%U>7U9G:&EJ:VQM;F]C=' M5V=WAY>GM\?7Y_(B8J+C(V.CX*3E)66EYB9FINGM\?7Y_(B8J+C(V.CX.4E9:7F)F:FYR=GI^2HZ2EIJ>HJ: MJKK*VNKZ_]H`#`,!``(1`Q$`/P#[^8J[%78J[%78J[%78J[%78J[%78J[%78 MJ[%78J[%78J[%78J[%78J[%7AGYP_G]Y/_)MM,LM8M[O5]:U9#/#I]B$YI;A MBOK2O(RA5)4A>I)!VH"1M>Q/9S4]IV8$`#J>_N=7VU[0Z;LWA$[)/0?>7A?_ M`$/5Y,_ZD?6O^1MO_P`U9M?^3?:K_5(_:ZO_`$?:7_4Y?8[_`*'J\F?]2/K7 M_(VW_P":L?\`DWVJ_P!4C]J_Z/M+_J;-44[==\Q--['ZC-JLN$3%XZL[[\0MRM1[7 MZ?%IL68P-3NN7\)IA,7_`#G+Y0GECAB\CZSZDKA$Y30!>3&@J06VJ?`YE2]@ M-3$67GNE2^_+W4;>RY`-+!>Q32@4-2(FAA M!-?\O+)_\#W.([91?F#^UA#V_P`!EOB->\/?-5_YR-_+?3_RUC_,^UN[G5=& MGO5TR*TMXN-Y]?96KR9_U(^M?\C;?_FK-I_R;[5?ZI'[76'V^TO\` MJ&!Q>,C>HTRNWPE*].._SS4=N=A9.S)QC.0/%OL[;L7MO'VE" M4H1(HUN]IS6.R=BKL5=BKL5=BKL5=BK\_P#_`)R9_+?SZ?S5\K_FCY9\H2>? M-)T^"R$^G1P->4FL9VD]&6VC#.T4@8&J@[\JTVSKO97M/2?R?/39,G`3>]US M'0][R?M1V9JOS\-3CQ\8`%CGR)Z*?_*Z/S8_]A.GZ?\`5EO_`/L@_P`_U'^0 M>SO^4X?Z8?K7^7M?_P`H1^1_XE+]2_YR%\\>7+;]*^9_^<8H]'T>%T6:XO+" MZLH@7("KZ\]AP4DT`J#_`$GB]F=)F/#CUEGR(/V`L,WM-JL,>+)HZ`ZD$?:8 ML6_YR>\Y^7_.GEG\@_-OE*Q":7=OK<5#&A)_P!"&V_C_;BR]GM$!?YS[1^MRX]OZV1`.B/R/ZF*^=/S MO\]ZAY3\PV&H?\XZ6NA6=]8S6TVHW.E7/IVJRJ4,M7M44%>55):@-#\\C0]@ M:.&HA*.KXB#=`C?RYN/K>W]9+3RC+2<((HD@[?8^?Y;-+7\@+6\2_%RVK>>R M);92U+4V6G,%+*5`Y2"ZK4$B@7>M:;B,S+MDBJK'S]\OV.GE`1[%!N[R?*H_ MM?8VO?F*OY2?EE^1R:'^5^E>:F\R>4K.ZNY9+;XHY4M;-F9C'`]3(TS,2:;C M[N:T_98[1UVIX\QCPS(&_F?U/29^TSV?H=/P81/B@+^0\O-Y^?\`G*C7`"3^ M0NCJ!N2;>78?](H_S_#,_P!".$_\BC^/BXI]K,__`"BC[?U/J#_G'+\X9_S< MTSS-/+Y8L?+":!<6L$<-BQ9'$R2-4U1*4X4%!FB]I^Q!V=D@.,RX@>;NO9SM MH]HXYDP$>$UL^DLTKN'8J[%78J[%78J[%78J^9OSF\W_`/.0'E_S186?Y4^2 M[3S'Y=DTJ*:XN9[ M1=+VUK.U\6<#38Q*-SFBSC-',21W_L#CZ_)[1:S`<4L(`/ M=^TH'\RO^R6$D:`R%.2@0 ME:TWXUH*@9/LOVDT6;5ZB>67#&7"!?<`1^ECVG[.ZS%IM/#%'B,>(FN\F)9? M%Y__`.9P.2DBM-J M[;[Y;I])[,X<@F,NX-BR?U-6?5>TN;&8'$`"*.P_6E]Q_P`XJ_F#;?D8^EK# M;7?G8^88]=_14,T=4M?JS6[P"9BL;2U8.:-QVHI+99'VOT&_.[N MNYA+V3UD>R>#8SXN*OA57WIEY7U[_G,SR_HFB^6=+\C1-8:%90V%J;NVM0PM M[9%CB5G-Q&I(10/$_/*M7IO9G-EEDEE-R-FB>9^#9I=1[28L4<<<0J(H77(< MNK)Y?,'_`#F_R_V7_$MQ MU7M.1_=1^S_BF6_\XB?EUYT_+O2_/%IYST";0I]1N[&2V65XI!(J1S!BK1.X MVY"N^8WMGVGI=;DQG#+B`!MR/8[LW4Z/%D&6/#9%A=BKL5=BKL5 M?.7G/S_YP\M:C^8QDO!#:6.BZKJ'E@V\,%Q:-)I6FK=20W34,\#!A\6YT79VFSQPUS,@)<[]4JL=*KXVZG6:_48#E)Y"),>[:-[];O[$1J_Y M@^6L2&2Y:&!)KC3+L+$51W4EX9%4!@&4D,H#P MP]G:;-BC(&C7J!Z;[2'Z?Q5F779\6242+%^DCW68G]'XLRNO->N1>5/)_F2W M\XVEW/YAG\N+2.GA,3!XC'_92`-?-._-_P"8GZ$UCR_%IC0WVBV]TC^9 M+F)7F%K:W$SV$),B*8X^-P'=V9A1876E3M5H^SO$QRXMC7I\R/4?L^]LU>O\ M.<>'<7ZO(';[_N+S[SC^8?G+1(M6DTW43.UM M[-_S+\U>9=!&G_X=>2>XNM#UB_2*V6TD1KBQ2V>!F-T\58JS'F%?F13COF-V M9I,&6_$Y"41O?(W?*]]G([1U.;'7!SHGIS%5SK9A<7YK>;(?,'F"U6S_`$E; MV<=W-9VTMOZ"W+P^7=-U>*PM6^"47337K_!*F\*DCXT?,G^2,!PP-T35[\O7 M*'$?Z-#IU][C#M7,,LQ5U=>?HC*AYV?E[F3)Y]U?2IX%?4(O-D.K^58=:MY+ M:%52/4IY[:UM+>,0U;TKN2Y)C#%G'IO\;#[-$M!CF#MPU/AW[J))]\:W]XV; M_P`YDA*KXKC>W?8`'NE>WN*'T?SMK>LV?E.WO]?3R[J+:?K<&NW$EO#$L>I: M+);0M*T5RE4C?U&EX$J>!7=>N2SZ'%CE,QCQ"X\._P##*STZ]/>QP:W)DA`2 MEPFI<6W\4:'(].J$\B>>?-?GNTN+R]U6V\H7NB_H(M:/;J8+^.^MK>YFF*7` M$RK,9FBAXN"K+\7,U7#VAH=/I95$&0/%O?*B0!MMMS/Z$:#6Y]3$F1X2.'IS ML`D[[[W013?F1K]_+YOL]-2V@FN;:UU/RC+U@MH()9[OZ\9%:X<7%.47J`1@(5HRO5C4!8Z?1PECQFKXB;-G:NFW7JR MRZJ0R3%UP@;=3?7=YS!^:GG>.?SNS&!H-"77H[5KZ!%C9M/UUM-AN(/096DC MMK:-I+L,5()C*T5SQS9]DZ6L8WN7#='^=#B(-]Y^GXN'C[4U),SM0XN?]&?" M#\!]7P97>>=/,VE^>]+\JIJ8U71FUG2H+K5'BA#"/4K#6;A[20Q1I&K))I\! M1@*\)@K58JQQ\>BP9-)++52X30_JF(OY2/R;LFLSPU4>9-+T_RSHU)RB./??RJN*CY\N7F]TS6.Q=BJ63:+H]P]Q M+/I-G/+=@+.\D$;-*`0P#DJ2P!4'?PR8SY``!([>;$XH&]ANK6^FZ=:(T=I8 M6UK&\@F98HD0&04HY"@?%MUP2R3ES*QA&/((=]"T21)8I-'L9(YI?K$B-;QE M7EW_`'C`K0M\1W.^^$9\@/U'YH.'&>@>5^=_S0_);\M-13RWYROK'1+W4K** M\%H-*N+A);7U9$B9C;6DR4$D+4!-12M.F;'L_L?M/70\3"#(`U?$!O\`$CO= M?VAVSV;H9^'FD`2+JB=O@#W,*A_YR-_YQDMY!-;^8K""4!@'CT+4%:CJ5;<: M>#NI(/MF4?93MTBC`_Z:/_%.,/:KL0':8_TLOU*O_0RG_.-7.UD_Q/9^I8@" MV;]":C6$*>0],_H_X:$U%,'^A/MS?T'?GZH_K7_17V)M^\&W]&7ZF_\`H9;_ M`)QLY2M_BFTY33BYD/Z$U&KS*21*Q_1^[`DT;KC_`*$^W/\`4SW?5']:_P"B MSL7_`%0=_P!,OU-#_G)3_G&L9[,<[@7;4T34=YUK24_[C_MBI^+KC_H3[ M<_F'N^J/+YK_`*+.Q?\`5!W_`$R_4HO_`,Y&?\XQR3&YD\PZ?)<-+ZQE;0=0 M+F0MRYECI]>5=Z]:X1[*]N@4('_31_XI!]JNPR;XQ_I9?J1<_P#SDW_SCEVXBAC_V4?ULC[6]BDVRG;@_@/ M^FC_`,4@^UG8A']X/]++]2L/^[N?*MY:^ M:+GRJT#R2SZ?/$]HUUZGI-&UY;1&K>@VZ>&_;,/7]EZ_LT`908\5]1O7N)[W M,T':FA[1).(\7#Y':_>!W/08M&TB#AZ.E6,DBA7<444)4`$]Q MF$53'QXUJ*],?%GQ79M(Q M0$>&A7X/R^E[2S#)DE($"M MB.\GJ#WO-/\`H1W\I_\`J8?-O_278?\`>-S/_P"3@]H_S(?(_P#%.#_R;_L[ M^?/YC_B7?]"._E/_`-3#YM_Z2[#_`+QN/_)P>T?YD/D?^*7_`)-_V=_/G\Q_ MQ+O^A'?RG_ZF'S;_`-)=A_WCT?YD/D?^*7_DW_9W\^?S'_$N_P"A'?RG_P"I MA\V_])=A_P!XW'_DX/:/\R'R/_%+_P`F_P"SOY\_F/\`B7?]"._E/_U,/FW_ M`*2[#_O&X_\`)P>T?YD/D?\`BE_Y-_V=_/G\Q_Q+O^A'?RG_`.IA\V_])=A_ MWC*(CANJOK7>3W.S[%]G] ;/V9Q^&2>*KNNE]P'>]ES5NS=BKL5=BK_`/_9 ` end GRAPHIC 3 g120653lai002.jpg GRAPHIC begin 644 g120653lai002.jpg M_]C_[@`.061O8F4`9(`````!_]L`A``"`@("`@("`@("`P("`@,$`P,#`P0% M!`0$!`0%!04%!04%!04%!P@("`<%"0H*"@H)#`P,#`P,#`P,#`P,#`P,`0," M`@,#`P<%!0<-"@D*#0\-#0T-#P\,#`P,#`\/#`P,#`P,#PP.#@X.#@P1$1$1 M$1$1$1$1$1$1$1$1$1$1$1'_P``1"``E`)P#`1$``A$!`Q$!_\0!H@````$S%F+P)'*"\25#-%.2HK)C<\(U1">3H[,V%U1D=,/2X@@F M@PD*&!F$E$5&I+16TU4H&O+C\\34Y/1E=865I;7%U>7U9G:&EJ:VQM;F]C=' M5V=WAY>GM\?7Y_(B8J+C(V.CX*3E)66EYB9FINGM\?7Y_(B8J+C(V.CX.4E9:7F)F:FYR=GI^2HZ2EIJ>HJ: MJKK*VNKZ_]H`#`,!``(1`Q$`/P#[^8J[%78J[%78J[%78J[%78J[%78J[%78 MJ[%78J\5_/S\\?+G_./?D%OS"\U:5J6LZ4FHVVFFWTE87N/4NN?%J3RPKQ'# M?XJ^&;3V;]GL_;6M&GQ2`D031_S^[.M_P"3+=L?ZKC^1_S^['_`),MVQ_JN/YR_P")7_17I?YLOL_6R'RA_P`_.?R;\Y^; M/*_E#3O(OG.VO_->KV6CVLUQ#IXA26^GCMXWD*:@[<0T@)H":=`=JX^O_P"! M%VKI--DS2RXR(1,C7%=`7_-9X/:;39\/I7_G'/2M+E_YQ[_(F233;2223\O/*[,S0H2S' M2;0DDD&I-F!W]7Z0_8O/-'>I-YCOI],\O:]J5J0+K3 M].NKF'D*CU(HG=:CN*KEFG@)Y8Q/4A$C0?G9H_YX_P#.4^F?\X]:+_SDU>:A MY&\]>6'T\:SK/E/]%7FDW\5@L[P2?5-0CO+J-G6G,EX*<0:!B*-VF;V?]G\G M;4NS0,F.?%PQGQ"4>+I<>&)^UU8UFLCI!G/"15D40:]]G[GTIK7_`#E?^5FC M+=D0^8=<&B^6]/\`-GF!M%TJ:_CT/2M3A2XMI]0DB^%>43^IQ0NP0%R.(KFC MT_L=VAEX?I'%,PCQ2`XY1-$1OSPLT+H,VT'\^/RS\S^=?\``>@: MX^JZV_D^'SY#)!!(UI/H5P\*17,5Q3@2QN$HO6AZ;9BZCV>UV#2^/.%1$_#- M\Q,7M7P9PUF&>3@!W(XOAWV\(UO_`)S@\BQO^3UWY/\`)OFWSIY>_-N[NX[? M4[+1=1(C@L9+RWF6UACM)6N;D36;`P(0RH?4;X:5VV'V`UO^$1RSA"6$"P91 MYFB+-BA4N?*]G&EVSA]!B"1+J`?/R\GJ=W_SDW^7$'FG7?*MI9^9=;N/*FHV M>D:_>Z7HMW=VFE7M\*PPW31H9/\`69(V5#LQ&:^'LMK3IXY28Q$P91!D`9`< MR/QOT;_SN/B,19HT=N]"^:_^9?,=IID\^ MBZ1J%XP6*UNKM1]L%E#A%?AR7G3D,EH_9#M'50@8`<4P91C8XI1',@?B^B,O M:&'&3?(59Z"WDME_SE[9^5OS`_YR#TC\Q;35;SRC^6.MZ9;V6H>7]#N[Z#3M M,O+5)&N=2N;=9$"F5_AWY%0:*:5.PE[%SU&CTD].1QY8RL2D`92!(J(-=&D= MIQADR"=U$CD"=J>S^:O^ESZA'IFBW M"^I#>7D@"*@=*NJ`F3@.7#COFMTGLMK<^,3/#$&7!'B('%(

OG'2]=_+Z7SWY0U*'5M)O]#EU?2KV,%HIHS;M+$_%@#V%00".A M%>0+WS$OF:P\S66@>4+RTL-;\RC1+MM&LKB^=8X5:YX`NO-PK/$CHK$*6!(& MWZW99M=BQ6970YFC6Z5>=?^AWFH6VGV5_;Q745W-'%DCP@921#BD(F1B:(`)OFPR]IX,X_)ZW_,2#5)(6%U-/=WJPVXB:O-O4C8!(0G,N:#?8;'3^Q&7/ MV1Q0A(ZCQ_"X>E"-F_=7.ZIIR=JQAJJ)'!P<5_%]G^6/,%OYJT#2O,=I87^F MV>LVZ75O!JEL]G=K%(.2&6WDH\9((/%P&'[0!VSE]5IS@S2QD@D&MC8^!ZN? M"8E$$/A'_GYQO_SC%/M7_G:=)_5<>Q_S^[.N_P"!)_SD,?ZLG6^TO^(R]X8W MYY\\_G;I'_.'_P"0_DC\A?(/F#S'YO\`.7Y:>6H;O7]*MV,.C6+:3:)(T<]0 M/K,FZI3>-:R5#>GRO[/[/[)R>TVJS:_+&,(99D1/\9XCT[AU[^7>QRY=2.S\ M<<,;D8C?NV>R_P#.&_\`SBMIG_..GDDWNMQP:E^:WFV))O,.IK^\^KJ2733[ M=S7X(RWQL/[Q_B-0$"ZSVY]LF?Y_Y[[[_@;C_6'M+^H?\`>=.[2K7=/?5]$UC2HY!#)J=C<6BR,*A3-&T88@=ARR>')P9(R[C:)"Q3X M+TO_`)Q'_.2]_*;R]^0GFO\`/+2[#\I-)2.TO[3RSH#V^KZI8I*UP;:74+J^ MG6,-(PY%(=P.+`J6#==E]M.S(=HSUV+2DYCN#.8,(R[Q$1%_-UH[+SG`,,L@ MX!ML-R.Z[*)\_P#_`#A+%JOGOSEYM\D3^1DM?/.BZ5I3V_G;RNOF.70IM)M% ML(;S1WENDC#-`J\HYHW1G4%N2_"!V9[?'%H\6',,G[N4C^[GX?&)'B,9T">? M4'D5U'8T9993CP^H`>H<55M89-/_`,XM^=O+?YC:)^8/Y8?F'H>CW:?EM;_E MIJT6L^7Q+$;2"2%S?6-MIMUIL$,I,*E8POI(13B5-%HA[7:7-H9Z?4X92!RG M*.&=;D$<,C(3)&_.[9_R9.&89(2`]/";'3RJDCT'_G$?SMY/_++_`)QU\M^5 M_/\`H@\Z?\X_ZWK6K6][J>EW%QI=^-8GO93');PWEO,O!;I1M)N03MMENK]M M-+J^T-7ERX9<&>,00)`2CP\/(F)'\/?_+7E^34]6M-2M?,6F>7Y+#S=I$,(B$MG:ZC87]I%<(1& M0LEW#*X5J5^'<]D>V^FT.BCA\&4J!!B9@XI$WZC"421_FD)U79<\V4R$@.6] M>H>0-_>&<1?\X[_FOY3\Q?F8OY3?G#I_D7R?^;/FZ3SIJTLVA?I'7M/O[MHW MOX]/N)KL6GISF.@]6W;@&VJ15L:7M/V?J<.'\UISDGBAX=O+1U^.UO]%LH;"+5-+#W<2Q MNT$*@QNC(2BLP;H,_1>WW!IQAR#(!&,LAF.$ MD@`\0XN6UC=]@>6?R^A\K?E;8?EM8W=O(-/T%](%W!8VVG0R320LDDZV5E'% M!$&DOR:S#IY>+,$>J8,!8KZ!$7[B7`CV5F.&.*4QPBN0WV\ M[0GYK?\`.#'FC\R+_P#.&2?SQY6U`?F9K*:OI^N^8-`FU'S'H=O'<1SII.GW MQOU2"U7BR#TXPQ0E6J&.3[%_X(>#01T]8ICPXT8QF(XYFJXY1X=Y>\L=7V(< M_'_P#.5UV/-5HG_0QOEG0M`LP;9R=+?2-% MGTIY9CS_`'@=I>8`I0"GOFLQ>UL(0T$?#/\`@TY2._U<4Q.N6W+S;I=F$RS' MB_O`![J%/'[_`/YP"L/-&H>5)?./FR&[L_*?Y2Z;^7]C+802P7MIK.ES">VU MNUE]3X"K`_!U()4L0;M+A^K7>MV-NUJM^J&D4TD+,W&4I M024/%F!8!0W%>5[5S:3-JI3T\#"!W$2;X?*^[N=CIXY(XP)FSW\K>4_\Y5_D M3J'_`#D5^53_`)=:9Y@M_+-R^KV>I?7;J!KA`MJ):IZ:,AJWJ>.;'V.]HH=B M=HC4RAQ4"*!KG\VCM/0G5X#CNK?#EA_S[\_YR2TNQL],TS_G+[6=.TW3H([: MUM+6?6(8(((5"1111IJ(5$15`50*`"F=9D_X)O8>29E+LZ))-DG@LGO/H=;' MV?U<10U!KX_K17_0A?\`SE!_[&5Y@]_],UK_`+R7^?ZX_P#)R.P/^B;#Y0_X MA/\`(.L_Y2#]OZW:+_S[P_-__E8/Y?>>?/'_`#D0_GP^1- GRAPHIC 4 g120653lai003.jpg GRAPHIC begin 644 g120653lai003.jpg M_]C_[@`.061O8F4`9(`````!_]L`A``"`@("`@("`@("`P("`@,$`P,#`P0% M!`0$!`0%!04%!04%!04%!P@("`<%"0H*"@H)#`P,#`P,#`P,#`P,#`P,`0," M`@,#`P<%!0<-"@D*#0\-#0T-#P\,#`P,#`\/#`P,#`P,#PP.#@X.#@P1$1$1 M$1$1$1$1$1$1$1$1$1$1$1'_P``1"``A`&(#`1$``A$!`Q$!_\0!H@````$S%F+P)'*"\25#-%.2HK)C<\(U1">3H[,V%U1D=,/2X@@F M@PD*&!F$E$5&I+16TU4H&O+C\\34Y/1E=865I;7%U>7U9G:&EJ:VQM;F]C=' M5V=WAY>GM\?7Y_(B8J+C(V.CX*3E)66EYB9FINGM\?7Y_(B8J+C(V.CX.4E9:7F)F:FYR=GI^2HZ2EIJ>HJ: MJKK*VNKZ_]H`#`,!``(1`Q$`/P#[^8JM9E16=CQ5`22>P'7%7S-^:/\`SDEH M'EO\D9OSM_+"72?S2T*&]AMP+*]/"5?6,-S''Z$<\S7$1!!@6-I.0*\*UHJQ MG_G"+_G(/S%_SDY^36H?FMYBL+;2CJ'F_7++3+&V3C]6TNVG7ZE#*U3SE2-P M'?;DU2`.F*OI/R_Y]\F>:]:\U^7?+7F;3]=UKR+:?.7E?R38?I3S7K-OH6F`,6NKKDL*!:5+R`%5'Q#+)*AWEV787LWVGVUG\'1XCDG_-CS/N'5ORYYP\L^;K`ZKY:U>'6- M-]-)ENK<,8GCE4NCHY4!E914%:C'3ZO#GCQ8Y6.]>V?9SM+LG/X.KQ&$[(X3 M5@C8@CH?>DUG^:'D+4)]2MK'S'!=7.C!?KT,<&.>3`0,GTDD5+Y6;_@ M9>U&&>.,]).)R`&`-`S!Y&._JOI3,_+/FORSYTTB#7_*6OV'F31;EF2.]TVX MCN8&9#1UYQLPY*=B.H[YD:;58=1CX\6MG-`"94NKFV@FAA*4^+U'7 MB=C0Y3D[6TL";ERV-`D#WD"@[+1_\#_M_4B'#@HS`E&,I1A*8E])A"N:-J*>I:WUA.EQ;3("5+1RQLRL`00:'J*9D81&X=1VGV7K.SM5/3ZG'+'DB:E&0,9#W@T4TR;BNQ5CWFS1+SS)Y9 MU[0-/\P7WE.^UFQGM(-9TU;=[NQ>5"JSPK=0W$)92:@.C#%7XJ^7_P#G!/\` M-C\@O,?YQ^;Y_P`U/+\OY3:5';>89;?\RKWZWY9\X7L#^K)RL-(1(+86]C:L!'-=Q@RGCZ<:P']X%7W-_S@-_SB7YR_YQ MO\HKJ7FGSGKEI?\`FW3EFU;R+/<6E_96FHR3RS&[GNUBD8W0CD$;+;R+"/BY M>NU)<5?0W_.6O_K.'YN?]L-O^3T6:GVK_P",C-_5?0?^6?O^CB=F?\,_061_ M\XY_^2#_`"9_\`S1?^H.'+?9W_C+P?U(_R".UN+ES#$S%BJ6\4C,?A/P@5/AFG]FM?@ MTTM6-68W$0*!MEB M7I7)>S/9^<:74Y($`923`;'AYT=O>/DT?\''VM[)GVYV)HM5"626AACAJI$2 MB3K<:/>PZS;. MEE_!R`C9H3_`"SY$\DZ M7Y=\F7,=WY62XU#4=,>%HVA6WU6^N=16.!H@$,2?6N$9'[`&=%V9I,.FTPAB M/IW(]TB9;>6[X[[<^T7:7;G;635:Z)CFJ$)@W?%BA'%3?*,%E_P`Y#6WGG\Y-7\P>O^>_._GS\N?,5II]U#-XP%]:-9*'U%XJJ]F_+SS+YK_(X>7;CS9^;UUJNI1>?['R MWH/YESZYYHU2'\R+K6OT->&QBT6[KI4.F6]I--:_6VE8++&6@])N9=5^N?\` MSD1Y9U+SC^1WYH^7-'MI+W5M1\OW?U.VBIZDT\*^M'$@/4N8PH'OFO\`:#33 MU'9N:$19,30>P_X#W;>G[(]M>S]5GD(PCECQ$\HQ/I)/NMA?_.*WG_RKK_Y" M_EY!;:S:0WWE+1+;0]8M)IDCGLKO3(Q!*EQ&Y5D_N^8J/LD'IF-[+:_#E[+Q M`2%Q`B1U!CMN[G_@\>R7:F@]NM=*>*1CFR2RXY`$QG#(>*)B1L>=>]D'Y0RQ M:EYE_._SY;2(WECS?YKM&T>_Y#T;RWTO1M,TR:YA>M&C-Q:R*K=&X\E)4@F[ MLDB>;49A],I"CW\,1$GYAP/^"%CEI^S>R>SI#]]@P2\2/6$LN;)EC"0_G<$X MDCI=&C8>'_\`.'^I:;9WW_.3L][?VUI;C\U]G_X)/8>+M#L/V5[&[4)CK\DX8YG8Y<>')(0`F"+O MU1JSL1*Q=OLJZB_)'_G(+\MK#S3KUCH/FSR;J%D+P7E\(N5B>)$@,YXR6\L1 M+*_Q*RFH/?.AD.SNU=&,DQ&4"+L]/CT?'\&3VT]@?:.>CTT\N'41EP\,;]>^ MWIY3C+8C8@[,0_YP]T+5?+?Y(:3I5^UX^EPZMJ[>7WOU9+E]%:]E-E+(C*I7 MU$^-10#BP(%,Q_9'!DP]FB,KJY<-\^&]G;?\M%=JZ7M'VURYL?#QG'C\7A^D M9N`>(`=_I.Q\P7U#FZ?,W8JE.L:!H7F*SET_S!HMAKMA/&\4EMJ%M%=0O'(` M'1HY5=2&H*@C?%7@OYA?\XU^2-<_+:/R%^6NC:)^4ATG5%UO23Y=TY=,LXKT M17%O-SBTJ33ID$]O=S1-+!+%,G/U(I%D53BKP'\@/^<8_P`P-#\V+K_GS2M$ M_+K0/*?G+5]6L=`\MZMK6L#S$T8NK72]4OY=6U74(T=XKR2>XD6)+JZG]-[A MU$9C=5]E:'^4/Y3^6-;U3S-Y;_*_REY>\R:VP?4=5TS1+"TOKM@_J!KBYA@2 M20\OBJS'??%7HF*L"U7\JOROUW5UU_6_RW\K:QKRLCC4K[1[*XNPT9Y(PGD@ M:2JG<&NV8N7LO19Z#V\]IM#I/RVGU^>&+<<$>0/^I&\O_\`<,M/^J64_P`G:7_4X_(.Q_T8 M=O?\IF7_`)62_6R:UL;*QMH[*RM(+.SB7BD$$:QQ*O@$4``?1ET81C&@*#K< M^JS9\AR9)&4CS)))^985+^4_Y63ZNOF"?\M/*LVO(_J+J4FC6+7@??XA.8#) M7<[US'EV5HCDXSBCQ=_"+^=.YQ^W_M/CTGY:.OSC%RX!EGP5_5XJ9^!38;`9 ?E.A=BKL5=BKL5=BKL5=BKL5=BKL5=BKL5=BKL5?_V3\_ ` end -----END PRIVACY-ENHANCED MESSAGE-----