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<DIV> DEAR AIBECERS </DIV>
<DIV> </DIV>
<DIV>I WOULD LIKE TO REMIND YOU THAT THE FIRST SESSION OF NEGOTIATIONS WILL BE
AT AIBEC ON JULY 2ND.</DIV>
<DIV> </DIV>
<DIV>YOURS TRULY,</DIV>
<DIV>ART FRANCZEK</DIV>
<DIV> </DIV>
<DIV> </DIV></DIV>
<DIV><BR></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV style="FONT: 10pt arial"> </DIV>
<DIV style="FONT: 10pt arial">Dear AIBEcers:</DIV>
<DIV style="FONT: 10pt arial"> </DIV>
<DIV style="FONT: 10pt arial">I would like to remind you that AIBEc's second
summer semester begins on July 2nd. Some very special and popular courses such
as Negotiations with Professor Lissniak will be offerd along with Sales
Management and Managerial Accounting.</DIV>
<DIV style="FONT: 10pt arial"> </DIV>
<DIV style="FONT: 10pt arial">Yours truly,</DIV>
<DIV style="FONT: 10pt arial">Art Franczek</DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2></FONT><BR></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
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<DIV> </DIV></DIV>
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THE AMERICAN INSTITUTE OF BUSINESS AND
ECONOMICS<o:p></o:p></FONT></SPAN></I></P>
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<H3 style="MARGIN: auto 0in; TEXT-ALIGN: center"
align=center><FONT face="Times New Roman"><SPAN
style="mso-tab-count: 1"></SPAN></FONT> </H3>
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face="Times New Roman"><EM><B><SPAN
style="FONT-SIZE: 10pt; COLOR: black">
<SPAN
style="mso-spacerun: yes"> </SPAN></SPAN></B></EM><EM><B
style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 10pt; COLOR: black"><SPAN
style="mso-spacerun: yes"> </SPAN></SPAN></B></EM><B><I><SPAN
style="FONT-SIZE: 10pt; COLOR: black"> </SPAN></I><SPAN
style="mso-spacerun: yes"> </SPAN></B><B
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<H3 style="MARGIN: auto 0in; TEXT-ALIGN: center"
align=center><FONT face="Times New Roman">Second Summer
Semester: July 2- August 19 <o:p></o:p></FONT></H3>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify; tab-stops: list .5in"><SPAN
style="COLOR: #3366ff"><FONT
face="Times New Roman"> <o:p></o:p></FONT></SPAN></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify; tab-stops: list .5in"><B><SPAN
style="FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Symbol"><SPAN
style="mso-spacerun: yes"> </SPAN></SPAN></B><FONT
face="Times New Roman"><B
style="mso-bidi-font-weight: normal"><U><SPAN
style="FONT-SIZE: 10pt; COLOR: blue; mso-bidi-font-style: italic">Negotiations
and Dispute Resolution</SPAN></U></B><B><I><U><SPAN
style="FONT-SIZE: 10pt; COLOR: black">:
</SPAN></U></I></B><B><SPAN
style="FONT-SIZE: 10pt; COLOR: black"><SPAN
style="mso-spacerun: yes"> </SPAN>This course covers the
theoretical and practical aspects of negotiations and includes
many case studies and exercises. A special feature of this
course is that 4 to 5 Law Students from the
</SPAN></B><st1:country-region><st1:place><B><SPAN
style="FONT-SIZE: 10pt; COLOR: black">U.S.</SPAN></B></st1:place></st1:country-region><B><SPAN
style="FONT-SIZE: 10pt; COLOR: black"> will be students in
this class. This creates opportunities for some cross
cultural negotiation exercises. <EM>Monday-Wednesday,
19.00-22.00.</EM> <I><A
href="file:///C:\Documents and Settings\Art\Desktop\important101606\mermory disk 82305\other\memory disk 41305\WINDOWS\Application Data\Microsoft\Word\faculty.htm#Kontor">Vladimir
Lissniak</A><o:p></o:p></I></SPAN></B></FONT></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify; tab-stops: list .5in"><SPAN
style="COLOR: #3366ff"><o:p><FONT
face="Times New Roman"> </FONT></o:p></SPAN></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify; tab-stops: list .5in"><B><SPAN
style="FONT-SIZE: 10pt; COLOR: black"><A
href="file:///C:\Documents and Settings\Art\Desktop\important101606\mermory disk 82305\other\memory disk 41305\WINDOWS\Application Data\Microsoft\Word\market.htm"></A></SPAN></B><FONT
face="Times New Roman"><SPAN
style="COLOR: #3366ff"> </SPAN><STRONG><SPAN
style="FONT-SIZE: 10pt; COLOR: black"> <A
href="file:///C:\Documents and Settings\Art\Desktop\important101606\mermory disk 82305\other\memory disk 41305\WINDOWS\Application Data\Microsoft\Word\manact.htm">Managerial
Accounting</A></SPAN></STRONG><EM><B><SPAN
style="FONT-SIZE: 10pt; COLOR: black">
</SPAN></B></EM><STRONG><SPAN
style="FONT-SIZE: 10pt; COLOR: black">Accounting for costs
with applications to managerial decision making.
This course reviews such issues as Cost Allocation, Activity
Based Costing, Budgeting, Standard Costing, Just in Time
Inventory and many other topics. </SPAN></STRONG><EM><B><SPAN
style="FONT-SIZE: 10pt; COLOR: black">Tuesday-Thursday,
19.00-22.00. </SPAN></B></EM><STRONG><SPAN
style="FONT-SIZE: 10pt; COLOR: black"><A
href="file:///C:\Documents and Settings\Art\Desktop\important101606\mermory disk 82305\other\memory disk 41305\WINDOWS\Application Data\Microsoft\Word\faculty.htm#Franczek"><EM>Arthur
Franczek</EM></A></SPAN></STRONG><EM><SPAN
style="FONT-SIZE: 10pt; COLOR: black"> </SPAN></EM><SPAN
style="FONT-SIZE: 10pt; COLOR: black"> </SPAN><SPAN
style="COLOR: #3366ff"><o:p></o:p></SPAN></FONT></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify; tab-stops: list .5in"><SPAN
style="COLOR: #3366ff"><FONT
face="Times New Roman"> <o:p></o:p></FONT></SPAN></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify; tab-stops: list .5in"><FONT
face="Times New Roman"><EM><B><U><SPAN
style="FONT-SIZE: 10pt; COLOR: blue; mso-bidi-font-size: 12.0pt">Sales
Management: </SPAN></U></B></EM><STRONG><SPAN
style="FONT-SIZE: 10pt; COLOR: black">This course
</SPAN></STRONG></FONT><STRONG><SPAN
style="FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Tahoma; mso-bidi-font-size: 12.0pt">covers
both theoretical and practical aspects of sales management,
including topics such as sales forecasting, demand
forecasting, types of sales and other sales issues. It is
planned that this course will have some highly qualified guest
speakers on this topic.</SPAN></STRONG><STRONG><SPAN
style="FONT-SIZE: 10pt; COLOR: black"><FONT
face="Times New Roman"> </FONT></SPAN></STRONG><STRONG><SPAN
style="FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Tahoma">Monday-Wednesday</SPAN></STRONG><FONT
face="Times New Roman"><EM><B><U><SPAN
style="FONT-SIZE: 10pt; COLOR: black">
</SPAN></U></B></EM><st1:time Hour="19"
Minute="0"><STRONG><I><SPAN
style="FONT-SIZE: 10pt; COLOR: black; mso-bidi-font-size: 12.0pt">7
pm to 10 pm</SPAN></I></STRONG></st1:time><STRONG><I><SPAN
style="FONT-SIZE: 10pt; COLOR: black; mso-bidi-font-size: 12.0pt">,
Tom Nastas, Professor.</SPAN></I></STRONG><EM><SPAN
style="FONT-SIZE: 10pt; COLOR: black">
<o:p></o:p></SPAN></EM></FONT></P>
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style="COLOR: #3366ff"><FONT
face="Times New Roman"> <o:p></o:p></FONT></SPAN></P>
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face="Times New Roman"><SPAN
style="FONT-SIZE: 10pt; COLOR: black">
</SPAN><SPAN
style="COLOR: #3366ff"><o:p></o:p></SPAN></FONT></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify; tab-stops: list .5in"><FONT
face="Times New Roman"><EM><B><SPAN
style="COLOR: #3366ff"> </SPAN></B></EM><STRONG><SPAN
style="COLOR: #333399">
</SPAN></STRONG><B style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 11pt; COLOR: #333399">For more
information:<o:p></o:p></SPAN></B></FONT></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"
align=center><B style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 11pt; COLOR: #333399"><FONT
face="Times New Roman">call at 438-1439, 438-0830; </FONT><A
href="http://www.aibec.org/"><FONT
face="Times New Roman">www.aibec.org</FONT></A><FONT
face="Times New Roman">;
aibec@aibec.org</FONT></SPAN></B><SPAN
style="COLOR: #333399"><o:p></o:p></SPAN></P></TD></TR></TBODY></TABLE>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><B><SPAN
style="COLOR: #333399"><FONT
face="Times New Roman"> <o:p></o:p></FONT></SPAN></B></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><SPAN
style="COLOR: #333399"><o:p><FONT
face="Times New Roman"> </FONT></o:p></SPAN></P></TD></TR></TBODY></TABLE>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"
align=center><B><SPAN style="COLOR: #333399"><o:p><EM> <U><FONT
color=#ff0000>AIBEc Faculty for Summer 2007</FONT></U></EM></P>
<P class=MsoNormal align=justify><U><EM><B
style="mso-bidi-font-weight: normal"><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US"><o:p><SPAN
style="TEXT-DECORATION: none"> </SPAN></o:p></SPAN></B><B
style="mso-bidi-font-weight: normal"><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US">Art
Franczek</SPAN></B></EM></U><B style="mso-bidi-font-weight: normal"><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US">
(</SPAN></B><B style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><A
href="mailto:artf@online.ru"><I style="mso-bidi-font-style: normal"><SPAN
lang=EN-US
style="mso-ansi-language: EN-US">artf@online.ru</SPAN></I></A></SPAN></B><B
style="mso-bidi-font-weight: normal"><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US">,
373 6241): Art holds an MBA and MST from
</SPAN></B><st1:place><st1:PlaceName><B
style="mso-bidi-font-weight: normal"><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US">DePaul</SPAN></B></st1:PlaceName><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US">
</SPAN><st1:PlaceType><B><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US">University</SPAN></B></st1:PlaceType></st1:place><B><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US">
and is a CPA. He has many years of experience as a Tax Manager for a major
international company. He has taught at AIBEc for 10 years and has
taught over 1000 Russian students. He is currently co-chair of the Customs
Committee at Am Cham and has been an active participant on the Tax
Committee for 11 years. He has written many articles on
Accounting/Tax issues and has recently published a workbook on IAS
Accounting and is currently working with The World Bank on a project to
convert Russian Accounting to IAS.<o:p></o:p></SPAN></B></P>
<P class=MsoNormal style="TEXT-ALIGN: justify" align=justify><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US"><o:p><STRONG><EM><U></U></EM></STRONG><FONT
size=3><FONT face="Times New Roman"></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT color=#0000ff><B
style="mso-bidi-font-weight: normal"><I
style="mso-bidi-font-style: normal"><SPAN style="FONT-SIZE: 10pt"><U>Daria
Panina</U></SPAN></I></B><B style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 10pt"> teaches at </SPAN></B><st1:place><st1:City><B
style="mso-bidi-font-weight: normal"><SPAN style="FONT-SIZE: 10pt">Texas
A&M University</SPAN></B></st1:City><B
style="mso-bidi-font-weight: normal"><SPAN style="FONT-SIZE: 10pt">,
</SPAN></B><st1:country-region><B
style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 10pt">USA</SPAN></B></st1:country-region></st1:place><B
style="mso-bidi-font-weight: normal"><SPAN style="FONT-SIZE: 10pt"> and
does research in the areas of international management and international
business. She received a Ph.D. in international human resource management
from </SPAN></B><st1:place><st1:PlaceName><B
style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 10pt">Rutgers</SPAN></B></st1:PlaceName><B
style="mso-bidi-font-weight: normal"><SPAN style="FONT-SIZE: 10pt">
</SPAN></B><st1:PlaceType><B style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 10pt">University</SPAN></B></st1:PlaceType></st1:place><B
style="mso-bidi-font-weight: normal"><SPAN style="FONT-SIZE: 10pt"> in the
</SPAN></B><st1:country-region><st1:place><B
style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 10pt">U.S.</SPAN></B></st1:place></st1:country-region><B
style="mso-bidi-font-weight: normal"><SPAN style="FONT-SIZE: 10pt"> and a
M.A. in political economy from </SPAN></B><st1:place><st1:PlaceName><B
style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 10pt">Moscow</SPAN></B></st1:PlaceName><B
style="mso-bidi-font-weight: normal"><SPAN style="FONT-SIZE: 10pt">
</SPAN></B><st1:PlaceType><B style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 10pt">State</SPAN></B></st1:PlaceType><B
style="mso-bidi-font-weight: normal"><SPAN style="FONT-SIZE: 10pt">
</SPAN></B><st1:PlaceType><B style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 10pt">University</SPAN></B></st1:PlaceType></st1:place><B
style="mso-bidi-font-weight: normal"><SPAN style="FONT-SIZE: 10pt"> in her
native </SPAN></B><st1:country-region><st1:place><B
style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 10pt">Russia</SPAN></B></st1:place></st1:country-region></FONT><B
style="mso-bidi-font-weight: normal"><SPAN style="FONT-SIZE: 10pt"><FONT
color=#0000ff>. <BR><BR>Her research interests include international
strategies of professional services firms, human resource management,
organizational adaptation and organization behavior in the emerging
economies. <BR><BR>Prior to joining Texas A&M, Daria Panina has worked
as an HR manager, Head of Research in a leading international executive
search firm, and a senior researcher in the Harvard Russia project in
Russia and the
U.S.A.<o:p></o:p></FONT></SPAN></B></P></FONT></FONT></o:p></SPAN>
<P class=MsoNormal style="TEXT-ALIGN: justify"><EM><B><U><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US">Tom
Nastas</SPAN></U></B><B><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US">
(</SPAN></B><B><SPAN
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><A
href="mailto:tom@online.ru"><SPAN lang=EN-US
style="mso-ansi-language: EN-US">tom@online.ru</SPAN></A></SPAN></B></EM><B><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US">):
Tom holds an MBA from </SPAN></B><st1:place><st1:PlaceName><B><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US">Michigan</SPAN></B></st1:PlaceName><B><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US">
</SPAN></B><st1:PlaceType><B><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US">State</SPAN></B></st1:PlaceType></st1:place><B><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US">
( a top ranked MBA Program). He has many years of experience a Venture
Capitalist in </SPAN></B><st1:country-region><st1:place><B><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US">Russia</SPAN></B></st1:place></st1:country-region><B><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US">
and other emerging markets. He has several years of experience teaching
marketing at </SPAN></B><st1:place><st1:PlaceName><B><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US">Michigan</SPAN></B></st1:PlaceName><B><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US">
</SPAN></B><st1:PlaceType><B><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US">State</SPAN></B></st1:PlaceType><B><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US">
</SPAN></B><st1:PlaceType><B><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US">University</SPAN></B></st1:PlaceType></st1:place><B><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US">.<o:p></o:p></SPAN></B></P>
<P class=MsoNormal style="TEXT-ALIGN: justify"><B><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US"><o:p><B><SPAN><EM><U>Vladinir
Lissniak</U> <U>(</U></EM><A
href="mailto:vlissniak@pericles.ru"><EM>vlissniak@pericles.ru</EM></A><U>
692-5188</U>): </SPAN></B><st1:City><st1:place><B><SPAN
lang=EN-US>Vladimir</SPAN></B></st1:place></st1:City><B><SPAN lang=EN-US>
represented </SPAN></B><st1:country-region><st1:place><B><SPAN
lang=EN-US>Russia</SPAN></B></st1:place></st1:country-region><B><SPAN
lang=EN-US> in </SPAN></B><st1:country-region><st1:place><B><SPAN
lang=EN-US>France</SPAN></B></st1:place></st1:country-region><B><SPAN
lang=EN-US> for a number of years as a diplomat. He has experience in
bi-and multilateral negotiations both in public and private sectors.
</SPAN></B><st1:City><st1:place><B><SPAN
lang=EN-US>Vladimir</SPAN></B></st1:place></st1:City><B><SPAN lang=EN-US>
has conducted negotiation seminars for Baker & McKenzie and for other
professional organizations. </SPAN></B></P>
<P class=MsoNormal><B><SPAN><U><EM>Dr. John Speir(<SPAN
style="COLOR: blue">speir@mail.hartford.edu</SPAN></EM></U>) Ph.D has many
years of teaching experience at various American Universities. >From
1994 to 2006 he was one of AIBEc’s most popular
professors.</SPAN></B></P></o:p></SPAN></B>
<P class=MsoNormal align=center><B
style="mso-bidi-font-weight: normal"><SPAN lang=EN-US
style="FONT-SIZE: 11pt; COLOR: #333399; mso-ansi-language: EN-US">For more
information:<o:p></o:p></SPAN></B></P>
<P class=MsoNormal style="TEXT-ALIGN: center" align=center><B
style="mso-bidi-font-weight: normal"><SPAN lang=EN-US
style="FONT-SIZE: 11pt; COLOR: #333399; mso-ansi-language: EN-US">call at
438-1439, 438-0830; <A href="http://www.aibec.org/">www.aibec.org</A>;
aibec@aibec.org</SPAN></B><SPAN lang=EN-US
style="COLOR: #333399; mso-ansi-language: EN-US"><o:p></o:p></SPAN></P>
<P class=MsoNormal style="TEXT-ALIGN: justify"><B><SPAN lang=EN-US
style="COLOR: #333399; mso-ansi-language: EN-US"> <o:p></o:p></SPAN></B></P></o:p></SPAN></B></TD></TR></TBODY></TABLE></FONT></DIV>
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