ÿþ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i s ) 8;8 " 25G5@O ;N128%1K;0 A>2<5AB=>9 B@0?57>9, :>B>@0O, A>1AB25==>, 8 O2;O;0AL ?5@2>E@8AB80=A:8< ?>4>185< 25G5- @8 8 25=G0;0AL A>1AB25==> 2E0@8AB859. ". >. : 2E0@8AB88 ?@8ABC- ?0;8 =5 =0B>I0:, 0 C65 " ?> 25G5@8" , B. 5. ?>A;5 =0AKI5=8O. ">;L:> 0@D035=A:89 !>1>@ 3 9 1 3. >:>=G0B5;L=> >B45;8B 030?K >B 2E0@8AB88, ?>AB0=>282, " GB>1K : 2E0@8AB88 ?@8ABC?0;8 =0B>- I0:" . 5@2>=0G0;L=K5 030?K 1K;8 O@:8< 2K@065=85< A>1>@=>AB8 8 ?@074=8:>< ;N128. 53@040F8O MB>3> CAB0=>2;5=8O 2?5@2K5 =0G0;0AL 2 A2O78 A :>@8=DA:8<8 @0745;5=8O<8 =0 F5@:>2=K5 ?0@B88. 0 GB> 8 >1@0I05B 2=8<0=85 0?>AB>;. >7=8:;8 " @0745;5=8O" ( 1C:20;L=> " AE87<0" , @0A:>;) 8 " @07=><KA;8O" ( 1C:20;L=> E09@578A, B. 5. ?0@- B89=K5 5@5A8) , :>B>@K5 @07@CH8;8 A>1>@=>5 548=AB2>. E>BO G;5=K >1I8=K ?>- ?@56=5<C A>18@0NBAO =0 >1ICN B@0?57C ( 030?C) , 025; ?8- H5B, GB> " -B> =5 7=0G8B 2:CH0BL 25G5@N >A?>4=N" ( 1 >@. X I , 2 0 ) . >B><C GB> @0745;5=85 ?@>O2;O5BAO :0: ?0@B89=>ABL, 7028ABL, @52- =>ABL 8 M3>87<, =5 A>2<5AB8<K5 A E@8AB80=A:>9 ;N1>2LN: " 1> 2AO:89 ?>A?5H05B ?@5645 4@C38E 5ABL A2>N ?8IC. . . " , B. 5. ?@8=>A8<K5 O2AB20 =5 @0A?@545;ONBAO <564C 2A5<8, GB>1K 2:C- H0BL 8E A>>1I0. 064K9 5AB B>, GB> A0< ?@8=5A. B. >. A>F80;L=K5 @07;8G8O >1=0@C6820NBAO A0<K< 2>?8NI8< >1@07><: " 8=>9 1K205B 3>;>45=, 0 8=>9 C?8205BAO" ( 1 >@. X I , 2 1 ) . > MB> C65 =5 5ABL 030?0, " B@0?570 >A?>40" =0 :>B>@>9 " >48= E;51 8 <K <=>385 >4=> B5;>" ( 1 >@. X , 1 7 ) . " 0725 C 20A =5B 4><>2 =0 B>, GB>1K 5ABL 8 ?8BL? " - >1@0- I05BAO 025; : 7068B>G=K< G;5=0< F5@:28. ". 5. 5A;8 2A5 45;> 2 545 8 ?8B88 ( 0 =5 2 >1I59 B@0?575) , B> <>3;8 1K >AB020BLAO 8 4><0. " 1> ?@5=51@5305B5 &5@:>2LN >6859 8 C=8605B5 =58<CI8E" ( 1 >@. X I , 2 2 ) . 40;55 - A0<>5 8=B5@5A=>5: 025; >AC6405B :>@8=DA:8E @0A- :>;L=8:>2 ( " GB> A:070BL 20<? . . 5 ?>E20;N. " ) , => >AC6405B >= 8E =5 A> A2>59 ;8G=>9 B>G:8 7@5=8O, 0 >?8@0OAL =0 C65 ACI5AB2CNI55 @540=85 &5@:28: " 1> O >B !0<>3> >A?>40 ?@8=O; B>, GB> 8 20< ?5@540;" ( X I , 2 3 ) . 'B> 65 >= ?@8=O; >B !0<>3> >A?>40? 0AA:07 >1 CAB0=>2;5=88 B@0?57K? 5B, :>=5G=> ( A<. 5O=. I X , 5 ) , => >B:@>25- =85 > B><, GB> 8ACA 2>8AB8=C !K= >689 8 !?0A8B5;L. 'B> = - B>B ?5@2>=0G0;L=K9 8AB>G=8:, >B :>B>@>3> 8AE>4OB 2A5 " ?5@540G8" ( B. 5. @540=85) &5@:28. >= ?@8=O; MB> G5@57 4@C38E >B %@8AB0 8 ?5@5- 405B 40;LH5, :>@8=DO=0<. 40;55 025; 87;0305B MB> @540=85: " >A?>4L 8ACA 2 BC =>GL, 2 :>B>@CN ?@540= 1K;, 27O; E;51 8, 271;03>40@82, ?@5;><8; 8 A:070;: " ?@88<8B5, O48B5, A85 5ABL "5;> >5, A85 B2>@8B5 2 >5 2>A?><8=0=85. " "0:65 8 G0HC ?>A;5 25G5@8 8 A:070;: " A8O G0H0 5ABL =>2K9 70- 25B 2 >59 @>28; A85 B2>@8B5, :>340 B>;L:> 1C45B5 ?8BL, 2 >5 2>A?><8=0=85" . %@8AB>A =5 A>25@H05B 745AL A8<2>;8G5A:>3> ?>ABC?:0, 81> " 2>A?><8=0=85" , > :>B>@>< = 3>2>@8B, 459AB28B5;L=> >ACI5AB2;O5B 2A?><8=05<>5. ?@5;><;OO E;51 2E0@8AB88 <K 459AB28B5;L=> ?@8=8- <05< 2 A51O "5;> >A?>40. 025; 1K; C15645= 2 MB><: <K 2845;8 MB> 2 1 >@. X , 1 6 . "5?5@L <K 2848<, GB> @8G0AB85 1K;> 2:;NG5=> 2> 2AN B@0?57C ( 030?C) 2 F5;><, 0 =5 ?@54AB02;O;> ( :0: C =0A A59G0A) >B45;L=>3> ;8BC@38G5A:>3> 459AB20. @5;><;5=85 8 @0740G0 E;510 AB0@59H8=>9 ( ?@5A28B5@><) A;C68;> =0G0;>< B@0?57K. 0B5< >=0 ?@>4>;60;0AL 4> :>=F0 8 B>;L:> " ?>A;5 25G5@8" ( B. 5. A?CABO 7=0G8B5;L=>5 2@5<O ?>A;5 E;51>?@5;><;5=8O) 1;03>A;>2;O;0AL 8 ?5@54020;0AL G0H0. > GB> MB> 70 G0H0? !>2@5<5==K5 ?@02>A;02=K5 E@8AB80=5 A:;>==K 2>A?@8=8<0BL 55 :0: =5:CN " =515A=CN <0B5@8N" , " A2OI5==CN ( ?>GB8 <038G5A:CN! ) AC1- AB0=F8N" , :>B>@0O, 5AB5AB25==>, B>;L:> 2 @02>A;02=>9 &5@:28 8 ACI5AB2C5B, 81> 70 AB5=0<8 55 A2OI5==0O <038O B5@O5B A2>N A?>A>1- =>ABL <0B5@80;87>20BL =515A=>5. "@C4=> A:070BL, G53> BCB 1>;LH5: 70<H5;>3> AE>;0AB8G5A:>3> :0B>;8F87<0 A 53> " B@0=AAC1AB0=B8>=><" ( B. 5. ?>GB8 0;E8<8G5A:8< " ?@52@0I5=85< AC1AB0=F89" ) 8;8 <>=>D878BA:8 >:@0H5==>3> 2870=- B887<0, 4;O :>B>@>3> 2A5 2 &5@:28 B>;L:> >65A:>5 ( =5 G5;>25G5A- :>5) . > <K 4>;6=K A> 2A59 >B25BAB25==>ABLN A:070BL, GB> 0?>A- B>;L:>5 @540=85 2@5<5= 02;0 ?> 4@C3><C @0AAB02;O;> 0:F5=BK. @8 2A59 =5A><=5==>9 @50;L=>AB8 2E0@8AB88, 2 G0H5 =5 :0:0O- B> A25@- EJ5AB5AB25==0O AC1AB0=F8O. =5B - " A8O G0H0 5ABL =>2K9 7025B 2 >59 @>28. " ". 5. 2 G0H5, ?@5645 2A53> " >2K9 7025B" , :>B>@K9, :>=5G=> 65 B>;L:> A @>2LN 8ACA>2>9 8 G5@57 3> @>2L >ACI5A- B2;O5BAO. 1> A0<> CAB0=>2;5=85 >2>3> 7025B0 <>3;> A>25@H8BLAO B>;L:> G5@57 @>2L =5?>@>G=>3> 3=F0 >6L53> ( =. I , 2 9 ) . "5< =5 <5=55, >B?820O 87 G0H8, <K ?@8=8<05< 2 A51O =5 " =515A=CN :@>2L" , 0 CG0AB85 2 >2>< 7025B5 ( A> 2A59 2KB5:0NI59 >B AN40 >B25BAB25=- =>ABLN, 40==>9 G5@57 " 2>A?><8=0=85" ) . 8:B> 87 =0H8E 1>3>A;>2>2- M::;578>;>3>2 =5 2K@078; MB>B 0?>AB>;LA:89 A<KA; 2E0@8AB88 ;CGH5, G5< . !. %><O:>2: " B08=AB25 2E0@8AB88 CG8B !2. &5@:>2L, GB> 2 =5< A>25@- H05BAO 2>8AB8=C ?@5;>65=85 E;510 8 28=0 2 "5;> 8 @>2L %@8AB>2C. 5 >B25@305B >=0 8 A;>20 ?@5ACI5AB2;5=85 , => =5 ?@8?8AK205B 5<C 25I5AB25==>3> A<KA;0 . . . @5;>65=85 E;510 8 28=0 2 "5;> 8 @>2L %@8AB>2C A>25@H05BAO 2 &5@:28 8 4;O &5@:28 . @8=8<05HL ;8 BK >A2OI5==K5 40@K 8;8 ?>:- ;>=O5HLAO 8<, 8;8 4C<05HL > =8E A 25@>N - BK 459AB28B5;L=> ?@8=8- <05HL "5;> 8 @>2L %@8AB>2C 8 ?>:;>=O5HLAO 8<, 8 4C<05HL > =8E. @8=8<05HL ;8 =54>AB>9=> - BK 459AB28B5;L=> >B25@305HL "5;> 8 @>2L %@8AB>2C. . . " ( AB@. 6 2 ) . " =>385 A?0A0;8AL ( =0?@8<5@ =5:>B>@K5 <CG5=8:8) , =5 ?@8>1- I82H8AL =8 >4=><C 87 B08=AB2 &5@:28 ( 4065 8 :@5I5=8N) , => =8:B> =5 A?0A5BAO, =5 ?@8>1I82H8AL 2=CB@5==59 A2OB>AB8 &5@:28 , 55 25@5, =045645 8 ;N128: 81> =5 45;0 A?0A0NB, 0 25@0. " ( AB@. 6 5 ) . , =0:>=5F, <K 4>;6=K @0AA<>B@5BL, GB> 7=0G8B 2 :>=B5:AB5 40==>3> ?>A;0=8O 0?. 02;0 53> 7=0<5=8BK5 A;>20: " >A5<C, :B> 1C- 45B 5ABL E;51 A59 8 ?8BL G0HC >A?>4=N =54>AB>9=>, 28=>25= 1C45B ?@>B82 "5;0 8 @>28 >A?>4=59. " ( 1 >@. X I , 2 7 ) . !:>;L:> ;N459 <CG0;8 A51O 87- 70 MB>3> 2>?@>A0, =5 B5 ;8 >=8 " =54>AB>9=K5" 8 =5 A>3@5H0NB ;8 >=8, ?@8=8<0O CG0AB85 2 2E0@8A- B88. -B>B =5;5?K9 AB@0E ?5@54 5G5@59 >A?>4=59 A 25:0<8 =0A- B>;L:> CA8;8;AO, GB> =0:>=5F AB0@0;8AL ?@8G0I0BLAO :0: <>6=> @5- 65. , =5 A<>B@O =0 B>, GB> @02>A;02=0O &5@:>2L A?5F80;L=> A>5- 48=8;0 A B08=AB2>< 2E0@8AB88 B08=AB2> >:0O=8O ( G53> 2 @52=59 &5@:28, @07C<55BAO =5 1K;>) , 2 :>=F5 :>=F>2 AB0;8 ?@8G0I0BLAO >48= @07 2 3>4C ( ?>A;5 1;03>G5AB82>3> 3>25=8O) . ". 5. C65 459AB28- B5;L=>, :064K9 @07 4>1@>2>;L=> >B?040;8 >B &5@:28 8 :0: 459AB28- B5;L=> >B?02H85, :064K9 @07 70=>2> ?@8A>548=O;8AL : 59 G5@57 A?5F80;L=>5 B08=AB2> >:0O=8O! 564C B5<, 2 @5G5A:>< B5:AB5 0?. 02;0 A:070=> =5 > ! " =54>A- ! B>9=KE" , 0 > B5E, " ! :B> =54>AB>9=> " , B. 5. =54>AB>9=K< >1@07>< ( ?>- 4>1=> B>;L:> GB> @0A:@8B8:>20==K< :>@8=DO=0<) 5AB 8 ?L5B. B>;L:> ?@8 B0:>< ?>=8<0=88 MB> 2KA:07K20=85 =0E>48BAO 2 A2O78 A> 2A5< @0745;><. !>25@H5==> OA=>, GB> 2A5 <K =54>AB>9=K @8G0AB8O 8 >=> A>25@H05BAO " =5 ?> 4>AB>8=AB2C, 0 " ?> 1;03>40B8. > 025; :@8- B8:C5B :>@8=DO= =5 70 B>, GB> >=8 =54>AB>9=K<8 ?@8E>4OB =0 5G5- @N >A?>4=N, 0 70 B>, GB> >=8 254CB A51O B0< =54>AB>9=K< >1@07><. 1>, 5A;8 70 52E0@8AB8G5A:>9 B@0?57>9 >4=8 C?820NBAO, 0 4@C385 3>;>40NB, 8 2 B>65 2@5<O 2>725I05BAO A<5@BL 8 2B>@>5 ?@8H5AB285 >A?>40, B> ?@>8AE>48B " ! =54>AB>9=>5 " . >B > G5< =0< A;54>20;> 1K ?>4C<0BL, => >1 MB>< <K :0: @07 =5 4C<05<. 1> C65 ?>GB8 B@048F859 AB0;> 2 @02>A;0288 ?@>B82>- ?>AB02;5=85 F5@:>2=>3> 1;03>G5AB8O ( ;N128 : >3C) 8 480:>=88 ( B. 5. ;N128 : ;N4O<! ) . 3C<0=87< ( >B ;0B8=A:>3> h u m a n u s - G5;>- 25G=K9) ?>G5<C- B> AB0; 2 =0H59 &5@:28 @C30B5;L=K< A;>2><. <564C B5<, 0?. 025; 8<5==> 745AL ?@54>AB5@5305B =0A: " 0 8A?KBK205B 65 A51O G5;>25:" ( X I , AB8E 2 8 ) . 8345 2 >2>< 7025B5 =5 A:070=> > ?@54H5AB2CNI59 ?@8G0I5=8N 8A?>2548, => :064K9 4>;- 65= ! 8A?KBK20BL A51O, 459AB28B5;L=> ;8 5ABL 2 =5< ;N1>2L 8;8 E>BO 1K 1@0BA:85 GC2AB20 : 1;86=8<? 59AB28B5;L=> ;8 8I5B >= 2 5G5@5 >A?>4=59 =5 " A2>5 ?8IC" , 0 A>1>@=>5 1@0BAB2> >1I8=K? CB25@640O 8<5==> B0:>5 ?>=8<0=85 A;>20 " ! =54>AB>9=> " , 0- 25; @57N<8@C5B: " 1> :B> 5AB 8 ?L5B =54>AB>9=>, B>B 5AB 8 ?L5B >AC645=85 A515, =5 @0AAC640O > "5;5 >A?>4=5<" . ( X I , 2 9 ) . ". 5. =5 @0AAC640NB >1 >B40==>< 70 70 1@0BL52 A2>8E "5;5 %@8AB>2><, C4>1=> 8 87>18;L=> =0AKI0NBAO. @02=>4CH=> A<>B@OB =0 3>;>40NI8E. <>3CB C=860BL =58<CI8E. -B> E@8AB80=5? 0, : =5AG0ABLN, - MB> E@8AB80=5. B0:0O 8E 540 8 ?8B85 =5 >AB0=CBAO 157 ?>A;54AB289. 54L >=8 54OB 8 ?LNB ?@8 5G5@5 >A- ?>4=59. 'B> 65 >=8 ?LNB - G0HC >2>3> 025B0? 5B, :>=5G=>. =8 ?LNB " >AC645=85 A515" . -B> =5 ?CAB>5 A;>2>, =5 C3@>70 0?>AB>;0, MB>B ?@83>2>@ =52848<> A>25@H05BAO =04 =0<8: " BB>3> <=>385 87 20A =5<>I=K 8 1>;L=K, 8 =5 <0;> C<8@05B" ( X I , 3 0 ) . #60A=>? 5B, 5AB5AB25==>. 54L @5GL 845B > 545, > "5;5 >A?>4=5<, > >2>< 0- 25B5. =54>AB>9=>ABL ?>2545=8O B>65 A:07K205BAO B5;5A=K<>1@0- 7><. <5AB> B>3>, GB>1K ABO60BL " " 1;03>40BL 2 B5;5%( ?@?. AB0@5F !8;C0=) , ?>;CG0NB A;01>AB8 8 1>;57=8, :>B>@K5 254CB : A<5@B=K< A;CG0O<. K2>4 02;0 <K ?><=8<: =04> AC48BL A0<8E A51O, GB>1K =5 1KBL AC48<K<8 >B >A?>40. > 5ABL 2B>@>9 2K2>4 87 2A53> A:070==>3>: " >A5<C, 1@0B8O <>8, A>18@0OAL =0 25G5@N, 4@C3 4@C30 648B5. 5A;8 :B> 3>;>45=, ?CABL 5AB 4><0, GB>1K A>18@0BLAO 20< =5 =0 >AC645=85. @>G55 CA- B@>N, :>340 ?@84C" ( 1 >@. X I , 3 3 - 3 4 ) . 54L 2A5 A:070==>5 >B=>A8;>AL : 5G5@8 >A?>4=59! 0: 65 A5@L57=> >B=>A8;AO : =59 025;! ;O =53>, :0: 8 4;O 2A59 &5@:28 2 B> 2@5<O =5<KA;5<> 1K;> 1K A515 ?@54AB028BL, GB> <>6=> A?@02;OBL 5G5@N 157 >1I59 B@0?57K. 7OBL 8 ?@5;><8BL E;51 - MB> 1K;> B>;L:> =0G0;>. 0B5< 4>;6=> 1K- ;> 2>>G8N =0ABC?0BL A>1>@=>5 548=5=85 2A5E 1@0B89. B>;L:> 2 :>=F5 " ?>A;5 25G5@8" H;0 2 :@C3>2CN G0H0 52E0@8AB8G5A:>3> 28=0. 0@CH8BL MB>B ?>@O4>:, 7=0G8B =0@CH8B A0< A<KA; B08=AB20. >MB>- <C 7068B>G=K9 G5;>25: A> A2>59 54>9 4>;65= " 640BL" ?>:0 ?>A;54- =89 154=O: =5 ?@845B ?>A;5 A2>59 BO65;>9 4=52=>9 @01>BK. 5A;8 5<C B@C4=> 640BL, 5A;8 >= 3>;>45= - ?CABL 5AB 4><0! > =5 @07@C- H05B 548=AB2> &5@:28. 1> 5G5@O - 2>?;>I5=85 &5@:28! !45;05< B5?5@L 2K2>4K 87 2A53> A:070==>3>. 1 . 0H0 8BC@38O ?@>8AE>48B >B @8BC0;L=>9 B@0?57K 25BE>70- 25B=>9 0AE8. <5==> 2> 2@5<O MB>9 A2OI5==>9 5G5@8 8 4;O ?>;=>3> >ACI5A- B2;5=8O 70;>65==>3> 2 =59 A<KA;0, 8ACA %@8AB>A A>25@H8; !2>N 5@B2C - ?@8=>H5=85 !2>53> "5;0 8 @>28 2 ?8IC 25@=K< !2>8<. >M- B><C: 2 . 8BC@38O - A5<59=0O B@0?570 =0@>40 >68O. @89B8 =0 8BC@38N - 7=0G8B A5ABL 70 >1ICN "@0?57C 2A59 E@8AB80=A:>9 A5<L8 2> 3;025 A> %@8AB><, GB>1K 2<5AB5 2:CA8BL 3> 515A=K9 %;51. 'B> ?@>8AE>48B A E@8AB80=8=>< " ?@8G0I0NI8<AO "5;0 8 @>28 %@8AB>2KE" . = AB0=>28BAO 548=>:@>2=K< %@8ABC, " 2@0AB05B 2> %@8A- B0" , =0G8=05B 68BL >3>G5;>25G5A:>9 ( >1>65==>9) 687=LN ( !@. 0?. 025;: " #65 =5 O 682C, => 6825B 2> <=5 %@8AB>A" 0;. I I , 2 0 ) . 3 . 8BC@38O - ?@074=8G=K9 ?8@ 2 &0@AB25 >685<. !5<59=0O B@0?570, :>B>@>9 O2;O5BAO 8BC@38O, ?@54AB02;O5B A>1>9 ?@074=8G=K9 ?8@. =0 ?>4@07C<5205B @04>AB=>5 A>1@0=85 1;87- :8E 8 ;N1OI8E 4@C3 4@C30 ;N459 ( >1I8=C) . 8BC@388 2A5340 =57@8<> ?@>8AE>48B 2AB@5G0 2A53>=0@>40 >68O. >B><C, GB> B0< 345 %@8AB>A, B0< 2A5 3> "5;>, 2AO&5@- :>2L, 2A5 E@8AB80=5, =5 B>;L:> 682CI85, => 8 C<5@H85 8 5I5 =5 @>- 482H85AO. ". >. 70 8BC@3859 ?@>8AE>48B B0:>5 A>1@0=85, :>B>@>5 A>25@H05BAO 2=5 2@5<5=8 8 ?@>AB@0=AB20, =5 AB>;L:> =0 75<;5, A:>;L:> 2 &0@AB25 >685<. 8BC@38O 8 5ABL ?@542>AE8I5=85 MB>3> &0@AB20 515A=>3> - =51> =0 75<;5. 4 . 0H0 8BC@38O - ?@>4>;65=85 0?>AB>;LA:>9. B0:, 2 @50;L=>AB8 5ABL B>;L:> >4=0 2=52@5<5==0O 8BC@38O, :>B>@0O ?> MBC AB>@>=C 2@5<5=8 ?@54AB>8B :0: =58AG8A;8<>5 <=>- 65AB2> >B45;L=KE A;C61 8;8, ;CGH5 A:070BL - >B45;L=KE ?@>@K2>2 A:2>7L 2@5<O 8 A2>59 2=5 2@5<5==>9 ACI=>AB8. -B> 5ABL ?@>4>;65=85 0?>AB>;LA:>3> A;C65=8O. 1@0B8B5 2=8<0=85, GB> 2A5 2 =0H59 8BC@388 ?@>4>;605B =0?>- <8=0BL B@0?57C: 4;O =55 =5>1E>48< AB>; ( B. =. ?@5AB>;) , A:0B5@BL ( >1;0G5=85 ?@5AB>;0) , 1;N4> ( 48A:>A) =0 :>B>@K9 :;045BAO ?8I0, 0 B0:65 - G0H0 4;O ?8B8O ( ?>B8@) . >A>15==>AB8 =5>1E>48< @0A?>@O- 48B5;L ?8@0 ( 70<5=ONI89 0?>AB>;0 5?8A:>? 8;8 A2OI5==8:) . -B>B ?8@ @04>AB5=, 81> >B:@K205B =0< A<KA; =0H53> ACI5AB2>- 20=8O ( M:78AB5=F8N) . BAN40 @04>AB=>5 8 B>@65AB25==>5 ?5=85 ( 2A5 B>65 0?>AB>;LA:>5 ;;8;C80! ) , 7>;>BK5 >1;0G5=8O A2OI5==8:>2, @0- 4>AB=K9 72>= :>;>:>;>2 8 B. 4. <5AB5 A B5<, 2A5 >G5=L 87<5=8;>AL A> 2@5<5= 0?>AB>;>2. 'B> 8<5==> 87<5=8;>AL, ?>G5<C 8 :>340? 1 MB>< =0H8 ?>A;54CNI85 ;5:F88. A * . F R M L¤ I » K A "D ¤ ¤ B, K$ · % $ W. P Q C : \ M D E \ A L I M O V \ M L A . W D A * . F R M | 1 + U u )6 I N J! w 0 @ A * . F R M