=<AKGIA9D 4I 6;5= >7993EE EQNORYZ[ Z[NX RV[W[QN VN^ `NJY 5WVZNLYJ[N IW\YZNT]NZ

Transkrypt

1

2 =<AKGIA9D EQNORYZ[ Z[NX RV[W[QN VN^ `NJY 5WVZNLYJ[N IW\YZNT]NZ 4I 6;5= >7993EE AA; dchzxgvixndjghzakzh&[dg idbdggdl i]z DdgYl^aa Yd ldcyzgh Vbdc\ ndj! $)Bdh]).50 F 9K%)L]ZhZ lzgz i]z ldgyh d[ Bdh]jV Vh ]Z egzevgzy id i]vi XdbbVcY ^ckdakzh) cdi i]z ig^wzhd[ AhgVZaid Xgdhh i]z dcan V [gzh] Xdbb^ibZci id djg BdgYVc J^kZg ^cid i]z egdb^hzy YZhi^cn ^c?dy Wji VahdV gzva^h( avcy)l]zn lzgz hivcy^c\ dc i]z i^x ejg\^c\ d[ Vcni]^c\ ^c djg i]gzh]day d[ V idivaan czl hzv( a^kzh i]vi ldjay `ZZe jh [gdb hdc& dcz l]^x] ldjay Xdc[^gb lva`^c\ 9h lz gzvy VcY ZhiVWa^h]i]Z^g YZhi^cn Vh dc ^c i]z Wdd` d[ Bdh]jV& ^i ^h?dy#h ezdeaz) Zk^YZci i]vi XdchZXgVi^c\ djg( >dg bvcn lzz`h cdl& i]dhz hzakzh ^h V Xdci^cj^c\ egdxzhh ldgyh d[ Bdh]jV ]VkZ WZZcdc $hzzbdh]jv 05-(46,.(,0%) AXlZ bn b^cy VcY ^c bn ]ZVgi Vh A VgZ[V^i][ja id egzevgzdjghzakzh add` idlvgy,43/) A hzchz?dy i]gdj\] Xdbb^ibZci VcY XaZVch( hvn^c\ id Vaad[ jh5!;dchzxgviz ^c\&awza^zkz lz l^aa WZgZVYnid ndjghzakzh&[dg idbdggdl $VcY^c Wdi] hzz VcY evgi^x^eviz^c i]z i]z YVnhi]Vi a^zv]zvy%al^aa Yd ldcyzgh?dy l^aa Yd idbdggdl) ldcyzgh Vbdc\ ndj)! GcZ d[ i]dhz ldcyzgh lz bvn AfldjaY WZZVhn id eji i]z lzaa hzz ^cxgzvh^c\an^c,43/ ^h Zbe]Vh^h dc i]z hzxdcy]va[ d[ i]z jc^in d[ i]z ;]jgx]) >dg i]vi kzghz(i]z ldcyzgh?dy bvcn nzvghi]^h ]Vh WZZcV Xdc( l^aa Yd(WZXVjhZ AWZa^ZkZ,43/ h^hizci YZh^gZ^c i]z ]ZVgih d[ Vaa l^aa WZV nzvg ^c l]^x] lz l^aa d[ jh VhhdX^ViZYl^i] AciZ\g^in hzz bvgkzadjh YZbdchigVi^dch ;dbbjc^xvi^dch VcY CQb KUZQ d[?dy#h edlzg) OZ& a^`z i]z EV\Vo^cZ&VcY djg ]dez ^h i]vi AhgVZa^iZh&l^aa hzz i]z lvn,43/ l^aa bvg` V hjwhivci^vavy( WZ[dgZjh dezczy je b^gvxjadjh( kvcxz^c i]z WdYnd[ ;]g^hi ldg`( an&zkzc Vh i]z BdgYVc evgizy ^c\ id\zi]zg bdgz [jaan) L]Vi ^h WZ[dgZi]Zb) OZ l^aa hzz k^x( dcz gzvhdcl]n lz VgZ\gViZ[ja id idg^zh VXXdbea^h]ZY Wn dwz( WZ\^ci]^h nzvgl^i] Vc ^cizgk^zl Y^ZcXZid?dY VcY i]z bdk^c\ d[ l^i] V bvc d[?dy `cdlc Vh i]z AhgVZa^iZh bvcn d[ ndj(czcczi] ;dezavcy) hvl i]z lvaah d[ BZg^X]dXgjbWaZ OZ igjhi ]^h ^ch^\]ih dc ^cizg( VcY [Vaa) XZhh^dc&he^g^ijVa lvg[vgz&vcy :ji Vh YgVbVi^XVh i]z ldc( jc^in l^aa ^che^gzvcy X]VaaZc\Z YZgh^c,43/ bvn WZ&AWZa^ZkZ i]z ndj& Vh l^aa i]z ZmXZaaZcigZ( Zbe]Vh^h [dg jh Vh lz VeegdVX] bvg`h h]vgzywn ;]VgaZh K^be( i]z Xdb^c\ czl nzvg^h id WZdc hdc&:dw Ejb[dgY& =gc :VmiZg& i]z [^ghi evgi d[ i]z kzghz5!;dc( VcY <dc :Vh]Vb ^c i]z^g [dgjb hzxgjiz ndjghzakzh)! GWZY^ZcXZ dc i]z ide^x d[ jc^in5-9 gzxjggzci i]zbz ^c i]z Vg( i^xazhd[ i]^h BVcjVgn ^hhjz ^h k^xidgn) Af^h V cdiz Y^hi^cXian hdjcyzy ^c i]z izhi^bdc^zh d[ ;VeiV^c VcY?V^a G]aZg& l]d izaa ]dl?dy ]Vh Wgdj\]i k^xidgn dji d[ i]z YZVi] d[?v^a#h ]jhwvcy& E^X]VZa&V EVg^cZ XVeiV^c `^aazy ^c DZW( Vcdc) =g^` CgjZ\Zg#h ^ch^\]ih ^c( id i]z gzazvhzd[?dy#h edlzg i]gdj\] djg izhi^bdcn VcY V h^beaz egdxavbvi^dc d[ i]z \dheza& VcY EVg^dc Ej]cZn#h hidgn d[ i]z egzhzgkvi^dc d[ ]Zg [Vb^an VgZ gzb^cyzgh d[?dy#h edlzg VcY hdkzgz^\cin) 9cY ^c dcz d[ i]z bdhi ^che^g^c\ Zm]dg( ivi^dch ZkZg ejwa^h]zy ^c CQb KUZQ%;]VgaZh K^behdc egd( XaV^bhi]Z k^xidg^djh YZhi^cn lz ]VkZ l]zc lz eavxzdjg ]dez ^c?dy) OZ igjhi i]^h bzhhv\z l^aa hi^g ndj id add` idlvgy i]z nzvg V]ZVY l^i] ]dez [dg i]z bvcn k^xidg^zhvcy ldcyzgh?dy l^aa ezg[dgb) OZ igjhi VhlZaa i]vi ^c Vci^X^eVi^dc d[ i]dhz ldcyzgh& lz l^aa VaaWZdWZY^Zci id i]z Xdb( bvcy?dy ^hhjzy hzgkvci Bdh]jV5!;dchZXgViZ ndjghzakzh)!, 1[[ H)K) A#b hjgz ndj cdi^xzy i]z WVccZgdc i]z [gdci XdkZg&!Ac( iz\g^in ;dbbjc^xvi^dch HgZ( hzcih)! KdbZ d[ djg gzvyzgh]vkz cdi WZZc VlVgZ i]vi AciZ\g^in ;dbbjc^xvi^dch ^h i]z dkzgvaa ejwa^h]^c\ dg\vc^ovi^dc l]^x] egdyjxzh cdi dcan CQb KUZQ EV\Vo^cZ&Wji Vahd FZl O^cZ LVeZ d[ i]z Edci]& ;M_TQ]S]MY% VcY :dw Ejb[dgY#h EX`YNXUZQ VcY JZXdbbZcYZY LVeZh)Ai Vahd dkzghzzh djg gziv^avcyl]dazhvazy^hig^wjidgd[ Wdd`h VcY XVhhZiiZiVeZh) 9h lz WZ\^c,43/& lz Vi CQb KUZQXdc( i^cjz id WZ\gViZ[ja i]vi lz VgZ evgi d[ hjx] Vc ZmiZch^kZdji( gzvx]&idjx]^c\ ezdeaz VaadkZg i]z ldgay l^i] i]z bzhhv\z d[ i]z `^c\ydb d[?dy) B9FL9IP -540

3 ;GFK=FKJ 4">([\QU^ Z[_ V`^_ RQQXUZS S[[P MN[` TQR`_`]Q&_]`Q T[\Q U^MZ Q_Q]ZMX\M]_ [R 8[P"^ ZM_`]Q'! \MSQ +- HQXQ>?U=U[Z O]`OUMXU^^`Q^ 6 BM]UZQ"^PQM_TUZAQNMZ[Z RMOUZS _TQ8T`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

4 D=KK=IJ KG AQM]ZQP=[b _[ E]Md A_jhi lvci ndj id `cdl i]vi i]z FdkZbWZg ^hhjz d[ CQb KUZQgZVaanWaZhhZYbZ&ZheZX^Va( an i]z Vgi^XaZl^i] <ZZ BZehZc) Af h]dlzy bz ]dl id egvn [dg bn l^[z) A Vahd VeegZX^ViZY<ZgZ` Hg^cXZ#hVgi^XaZ&!<dXig^cZh VcY <ZciZY >ZcYZgh)! A _jhi lvci ndj id `cdl i]vi A gzvaanve( egzx^vizcqb KUZQ"^b^c^hign) O^aa^Vb L) E^iX]Zaa ;gdjhidc& JA HRVN :ZO[`]MSQP ****GQM^[Z^ L]Z DdgY ]Vh jhzy gzxzci ^hhjzh d[ CQb KUZQid b^c^hizg id bz VcY bn [Vb^an) Ac i]^h gzhezxi&i]z FdkZbWZg ^cizgk^zl l^i] <ZZ BZehZc lvh djihivcy( ^c\) En l^[z ]Vh gzxzcianwz\jc ldg`^c\ evgi(i^bz VhVc VXVYZb( ^XXdjchZadg ^c V adxvawjh^czhh hx]dda)l]z di]zg c^\]i h]z XVbZ ]dbz Y^hijgWZYVWdji cdi ]Vk( ^c\ gzvx]zyi]z XVgZZg\dVah h]z ]VY hzi [dg ]ZghZa[ WZ[dgZlZ lzgz bvgg^zy);dbevg^hdch h]z lvh bv`^c\ WZilZZc ]ZghZa[VcY egd[zhh^dcvaldbzc h]z ZcXdjc( izgzy dc XVbejh ig^\\zgzy i]z Y^hijgWVcXZ)A [^ghi lvh]zy ]Zg l^i] i]z OdgY&gZb^cY^c\ ]Zg d[ HVja#hZmVbeaZ&!A ]VkZ azvgczy id WZXdciZci ^c l]vizkzg X^g( XjbhiVcXZh A Vb)! L]Zc Egh) )BZehZc#hZmVbeaZVcYXdbbZcih ZcXdjgV\ZY ]Zg&eVgi^XjaVgani]Z ^ch^\]i[ja XdbbZci VWdji ^QM^[Z^' Ac h]dgi& CQb KUZQ^h [ja[^aa) ^c\ ^ih ejgedhz ^c djg ]dbz& VcY lz VgX\gViZ[ja id i]z DdgY[dg ^i) JdcVaY :* E^cXn DV[VnZiiZ&AF / 6 G[R_QZUZS:RRQO_ Gjg FdkZbWZg ^hhjz d[ CQb KUZQVgg^kZYidYVn&VcY A]VkZ gzvyvcy gzgzvyl^i] YZZehVi^h( [VXi^dcndjg XdkZghidgn dc <ZZ BZehZc) A hzchz l^i] \gvi^ijyz i]z ]VcY d[?dy ^c Y^gZXi^c\ndj id ^cxajyz i]^h ^cizgk^zl Vi i]^h evgi^xjavgi^bz) >dg hdbzi^bz A ]VkZ l^h]zy i]vi ndj ldjay ejwa^h] hdbzi]^c\ AXdjaY hzcy id bn WZadkZYYVj\]iZg l]d ^h YZZean ^ckdakzy ^c [Zb^c^hb( hdbzi]^c\ i]vi b^\]i X]VaaZc\Z& ZkZc hd[izc) AcYZZY&AlVh i]^c`( ^c\ d[ lg^i^c\ ndj id gzfjzhi) hjx] Vc Vgi^XaZ Qdjg ^cizgk^zl l^i] Egh) BZehZc ^h VaaAXdjaY l^h]) O]Vi V \gvx^djh&adk^c\& l^hz ldbvc h]z ^h) O]^aZ A Ydc#i ZmeZXiVc ^bbzy^viz gzhedchz& A `cdl i]vi l]vi h]z ]VY id hvn l^aa ]VkZ Vhd[iZc^c\ ^c[ajzcxz^c bn YVj\]iZg#h a^[z VcY WZjhZY d[?dy id ]Zae Wg^c\ VWdji ]Zg igjz [ja[^aabzci) FVbZ O^i]]ZaY 6Z :cmy\xq [R K[YMZT[[P A \gzvian VeegZX^ViZY i]z ^cizgk^zl l^i] <ZZ BZehZc VcY lvh \avyi]vi ndj lzgz XdchX^djh d[?dy#h ejgedhz [dg i]z ^cizg( k^zl Vh ndj h]vgzy ^c i]z ZY^idg^Va) ;]g^hi^vc ldbzc VgZXdchiVci( an WdbWVgYZYl^i] i]z ldgayan k^zlh d[ ldbvc]ddy& ZheZX^Vaan ^c i]z ldg` Zck^gdcbZci) OZ czzy ZVX] di]zg [dg higzc\i] ^c dkzgxdb^c\ i]zhz k^zlh VcY h]dl^c\ i]z ldgay V igjz ZmVb( eaz d[ ldbvc]ddy) Egh) BZehZc ^hvldcyzg[ja Zm( VbeaZ d[ VkZgn [Zb^c^cZ ldbvc& hzxjgz ^c ]Zg adkz [dg i]z DdgY VcY]Zg [Vb^an&VcY^c VkZgn ^b( edgivci edh^i^dc) A#b i]vc`[ja [dg ]Zg \gvci^c\ i]z ^cizgk^zl& VcY [dg ndj hzz`^c\ ^i) HVig^X^V@ddc :dla^c\?gzzc&g@ HQ^_UY[ZdKM^ MFQYUZPQ] O]Zc A gzxz^kzyi]z GXidWZg ^hhjz d[ CQb KUZQ ^c i]z bv^a nzhizgyvn&a XdjaYc#i eji ^i Ydlc& ZkZc i]dj\] bn `^Yh lzgz XaVbdg^c\ [dg bn ViiZci^dc) A gzvyhigv^\]i i]gdj\]!ah L]ZgZ V L^bZ [dg OVg8! VcY!O]Zc Ai#h J^\]i id >^\]i! VcY Ve( egzx^vizywdi] d[ i]zb) :ji l]zc A [^c^h]zy!qdj#aa FZkZg OVa` 9\V^c! AXg^ZYcdi _jhi V izvg dg ild& Wji YZZe&]ZVgi[Zai hdwh) AlVh Vi V adhh id jcyzghivcy l]n AlVh hd YZZeanV[[ZXiZYWn B9FL9IP -540

5 i]^h hidgn) A hjeedhz ^i lvh WZXVjhZ[dg i]z avhii]gzz bdci]h S#kZ WZZc ldg`^c\& Wn bn gz( fjzhi& ^c i]z!\vgwv\ze^i! d[ i]z ]dhe^iva l^i] i]z bzcivaan gz( ivgyzy&egd[djcyan Y^hVWaZY& Vh lzaa Vhi]Z X]gdc^XVaan[^^VcYYn( ^c\) L]Z Vgi^XaZgZb^cYZY bz A hzgkzv EVhiZg l]d XVcYd l]vi( XVc\^kZ bzgxn VcY gzczlva id i]z ]dezazhh) Ac bn ldg`& AcZZYZYid `cdl i]vi&vcy AVeegZX^ViZCQb KUZQ [dg gzb^cy^c\ bz) Bjhi i]dj\]i ndj#y a^`z id `cdl) D^cYV;Vgda EVhdc Edjci HaZVhVci&E A B[aQP NX?@M_UQ7QQ]^ Qdjg Vgi^XaZ^c i]z GXidWZg ^hhjz Zci^iaZY!Qdj#aa FZkZg OVa` 9\V^c! lvh bdhi bdk^c\) A XVccdi i]^c` d[ Vcdi]Zg i^bz i]vi AXg^ZYhd ]VgY dkzg hdbz( i]^c\ AgZVY)O]Vi Vc ]dczhi VcY [V^i](bdk^c\ Vgi^XaZ^i lvh) En ]jhwvcy VcY A lzci i]gdj\] V h^b^avg igv\zyn& VcY A XdjaY hzchz i]z gzva^hb ^c ]Zg izhi^( bdcn) L]Vc` ndj [dg eg^ci^c\ i]vi Vgi^XaZ) AldjaY Vahda^`Zid hvnvldgy VWdji =gc :VmiZg#h Wdd`&!6 6XY[^_ 9UQP"! =gc#h Wdd` lvh kzgn i^bzan [dg jh) O]Zc A[^ghi hvl i]z Wdd`&S i]dj\]i i]vi ^i lvh cdi [dg bz(i]vi ^i ldjay egdwvwanhezv` id V bjx] dayzg \ZcZgVi^dc) :dn& lvh Algdc\ Ai WZXVbZXaZVgi]Vi ^i ^hbn \ZcZgV( i^dc i]z ]dd` ^h[dg) $avb ilzcin( [djg VcYbn ]jhwvcy i]^gin)%gjg ZnZh ]VkZ igjan WZZcdeZcZY id i]z YVc\Zgh lz lzgz ]ZVYZY[dg) 9[iZg bn ]jhwvcy ]VY _jhi \dcz i]gdj\] V hbvaa Wdji l^i] XVc( XZg&VX]Vc\Z lvh czzyzy)l]vc` ndj& Apgc&[dg hjx] ]dczhin VcY WdaYcZhh) HVig^X^V9)?^WWdch KVc 9cidc^d& LP??U]QOX#*) P >XXQ;MUXXQ] A[^c^h]ZYgZVY^c\ <dc :Vh]( Vb#h!Gji d[ i]z E^gn ;avn! F=N NAF= $FdkZbWZg%&hZi i]z bv\vo^cz Ydlc& VcYlZei) 9\V^c& VcYVa^i( iaz YZZeZg i]^h i^bz& A ZmeZg^( ZcXZYi]Z jc[vi]dbvwaz adkz d[?dy gzvx]^c\ydlc VcYidjX]^c\ bz) L]Vc` ndj& <dc :Vh]Vb& [dg Xdch^hiZcian Xdbbjc^XVi^c\ ldgyh d[ ]dez VcY czkzg [V^a^c\ id ed^ci bz idlvgy bn [V^i][ja& adk^c\&]zvkzcan >Vi]Zg) Ldb JVkZchXgd[i KZViiaZ&O9 C[aQYNQ] :ZV[dQP A Zc_dn ndjg bv\vo^cz kzgn bjx] VcY A ZheZX^VaanZc_dnZY i]z Vgi^XaZWn<ZgZ` Hg^cXZ^c i]z FdkZbWZg ^hhjz&!<dxig^czh VcY <ZciZY >ZcYZgh)! 9ahd& A a^`z ndjg ;]g^hi^vc k^zlh d[ ldgay ZkZcih) CVn Kida^`Zg =ab^gv&fq 6 8XXMZSQPEQ]^\QO_UaQ En evhidg ^cigdyjxzy djg X]jgX] id CQb KUZQ EV\Vo^cZ Vabdhi V nzvg V\d& ZmeaV^c^c\ i]vi ^i ValVnh XdbZh Vi bdhi Ve( egdeg^vizi^bzh) GcZ YVn]Z lvh ^c ]^h d[[^xz Vh`^c\ i]z DdgY VWdji i]z XgjX^[^m^dcl]Zc i]z avizhicqb KUZQl^i] BZhjh#cV^a( hxvggzy]vcy dc i]z XdkZglVh ha^yjcyzg ]^h Yddg) L]Vc` ndj [dg WZ^c\ hzch^i^kz id Ke^g^i#haZVY^c\^c i]^h lvn) JZXZcian& A#kZ ZheZX^VaanZc( _dnzy gzvy^c\ i]z Vgi^XaZh XdcXZgc^c\ lvg VcY 9bZg^XV#h ;]g^hi^vc ]^hidgn) L]^h ezghezx( i^kz ]Vh X]Vc\ZY bn k^zl d[ 9bZg^XV#h evhi& egzhzci& VcY [jijgz) Af^h \gzvi id `cdl i]vi i]z ]jbvc^hi e]^adhde]n i]vi ]Vh XgZei ^cid i]z ;]jgx] ^hcdl WZ^c\ ZmedhZY) A Zc_dn ndjg ^che^g^c\ bv\( Vo^cZ [gdb XdkZg id XdciZcih) L]Z XdkZg ^h Xdadg[ja VcY XgZVi^kZ)L]Z XdciZci ^h i]dj\]i egdkd`^c\ VcY gzazkvci id bn dlc ezghdcvaxdck^xi^dch) ;avgzcxz<jcwvg ;]VbeV^\c& AD ;K[COSK* Vb^c^hign d[ AciZ\g^in ;dbbjc^xvi^dch EV\Vo^cZKiV[[5 =Y^idg^Va<ZeVgibZci =Y^idg5<^X` DZ\\Vii 9Yb^c^higVi^kZ=Y^idg5:dW :gjxz =Y^idg^Va 9hh^hiVcih5 BVX`^Z ;dcc) KiZe]Zc K^behdc) ;jgi^h >dgbvc HgdYjXi^dc<ZeVgibZci HgdYjXi^dcEVcV\Zg5 H]^a@^\] 9gi <^gzxidg5evg` H^Z# HgdYjXi^dc9hh^hiVci5 ;Vi]Zg^cZ?^gdY ;^gxjavi^dc <ZeVgibZci <^gzxidgd[ ;^gxjavi^dc5?zdg\z?jcyavx] ;dchjaivcih ;]^Z[ =Y^idg^Va ;dchjaivci5 <dc :Vh]Vb :dvgy d[ <^gzxidghd[ AciZ\g^in ;dbbjc^xvi^dch ;]VgaZh N) K^behdc& ;]V^gbVc6 <dc :Vh]Vb) <ZgZ` Hg^cXZ):dW Ejb[dgY& =gc :VmiZg) Bd]c <j`z) BdhZe]?Vg( a^c\idc) :^aan <j`z& :gjxz Ddc\higZi]) Gi]Zg HjWa^XVi^dchVcYE^c^hig^Zh9hhd( X^ViZYO^i] CQb KUZQEV\Vo^cZ5 FZl O^cZ LVeZ d[ i]z Edci]) ;M_TQ]& S]MY' EX`YNXUZQ% :dw Ejb[dgY#h JZXdbbZcYZY LVeZh&<ZgZ` Hg^cXZE^c^hig^Zh)AciZgXZhhdgh [dg 9bZg( ^XV)7`^UZQ^^<]MY' JUZ[ C`Qa[ EV\V( o^cz $KeVc^h] ZY^i^dc d[ CQb KUZQ$' FQ^_[]QEV\Vo^cZ $VkV^aVWaZ ^c 9jhigVa^V VcYFZl RZVaVcYdcan%) Wn AciZ\g^in ;dbbjc^xvi^dch) 9aa g^\]ih gzhzgkzy)cqb KUZQSAKKF,-50)0/4OA SMKHK/4.*1.,- ^h ejwa^h]zy bdci]an Wn AciZ\g^in ;dbbjc^xvi^dch& H)G) :dm R) EdW^aZ&9D.11,1) KZXdcY) XaVhhedhiV\Z ev^yvi EdW^aZVcY VYY^( i^dcvabv^a^c\ d[[^xzh) EZbWZg d[ ;]g^hi^vc :dd`hzaazgh 9hhd( X^Vi^dc$ =kvc\za^xvahgzhh9hhdx^vi^dc) CQb KUZQEV\Vo^cZ) ejwa^h]zybdci]) an WnAciZCg^in;dbbjc^XVi^dch& hzz`h id egdbdiz i]z bvijg^in d[ i]z ;]jgx] VcY i]z ^cy^k^yjva ;]g^hi^vc Wn ejwa^h]^cc hxg^eijgvaanhdjcy XdciZci l]^x] ^h ezghdcva&vxi^dc(dg^zcizy&vcy i^bzan) OZ ^beazbzci i]^h ejgedhz Wn ^cxajy^c\ V l^yz Y^kZgh^ind[ ;]g^hi^vc Vji]dgh id Xdbbjc^XViZ i]z bzhhv\z d[ i]z `^c\ydb d[?dy id VaabZc) 9aa KXg^eijgZ fjdivi^dch VgZ[gdb i]z C^c\ BVbZh dg FZl C^c\ BVbZh kzg( h^dch d[ i]z :^WaZ jcazhh di]zgl^hz cdizy) 0

6 ;GM=I >=9KLI= 1 9 GWRLN M * [ WO ;5 WY` 3V RV[NY]RN^R[Q=NVVN[Q TQZFZl O^cZ \`N& XU^TQPM]Q\[]_ ZQ_T 8[\QXMZP"^*21+ K[]XP 8[YY`ZU[Z GQ]aUOQ% YMZd [R [`] ]QMPQ]^Qc\]Q^^QP _TQU]S]M_U_`PQ' KQ TMaQ M\& \]QOUM_QP [`] O[Z_MO_bU_T@QZ& ZQ_T 8[\QXMZP"^ YUZU^_]d^UZOQ _TM UYQ%MZP M]QS]M_QR`XR[] TU^ QY\TM^U^ [Z `ZU_d MZP UZ& _Q]OQ^^U[Z%_b[ _[\UO^ PQM] _[ [`] TQM]_^ M^ bqxx' S]MOU[`^Xd O[Z^QZ_QP _[ _TU^ UZ_Q]aUQbbU_T FZl O^cZ&MZPbQ M]QTM\\d _[ \]Q& ^QZ_U_UZ_TU^U^^`Q' B9FL9IP -540

7 CQb KUZQ3OdjaY ndj h]vgz ndjg ezghezxi^kzdc l]vi ndj hzz?dy Yd^c\ i]gdj\]dji i]z ;]jgx]& VcYi]Z `Zn VgZVh?dY ^h Zbe]Vh^o^c\ Vbdc\ =U^ ezdeaz8 CZccZi] ;dezavcy5l]z VgZVi]Vi ]Vh ValVnh WZZcV eg^dg^inl^i]?dy(evgi^xjavgang^\]i cdl(^h i]vi d[ ;]g^hi^vch Xdb^c\ id( \Zi]Zg VcYWZ^c\l^aa^c\ id ^cizg( XZYZ[dg dcz Vcdi]Zg) Ai#h]VgYid ^cizgxzyz[dg hdbzdcz l]db lz#kz WZZcXg^i^X^o^c\&Wji ^[ lz hivgi ^cizgxzy^c\&lz#aa hide Xg^i^X^o^c\)Kd ^cizgxzhh^dc^h V kzgn `Zn i]^c\ g^\]i cdl VcY&A WZa^ZkZ& l^aa WZjci^a i]z DdgY gzijgch) AciZgXZhh^dc ^hhjx] Veg^dg^in i]vi i]z :^WaZ hvnh ^i#h l]vi BZhjh a^kzh[dg)!@z ZkZga^kZi] id bv`z ^cizgxzhh^dc)!ai#h\d( ^c\ id ]VkZ id WZXdbZi]Vi lvn l^i] jh(lz#gz \d^c\ id ]VkZ id a^kz[dg ^cizgxzhh^dc) FO5 OdjaY ndj ZaVWdgViZdc i]^h Zbe]Vh^h dc ^cizgxzhh^dc8 C;5 OZ#kZWZZci]gdj\] Vi^bZ& evgi^xjavganyjg^c\ i]z avhiizc nzvgh&d[ igzbzcydjh Zbe]Vh^h dc izvx]^c\&l]^x] ]Vh ^ckdakzy V avg\zedgi^dc d[ i]z WdYnd[ ;]g^hi) HVhidgh ]VkZ WZZc izvx]^c\&czvgan Vaa i]z [^ZaY b^c^hig^zh]vkz WZZciZVX]^c\6 ^i#hwzzcv\gzvi i^bz d[ igv^c^c\) :ji A WZa^ZkZl^i] Vaa bn ]ZVgi i]vi g^\]i cdl?dy ^h h]^[i^c\ i]z Zbe]Vh^h) LZVX]^c\ ^hcdi dkzgl^i]& cdg l^aa ^i WZV WVX`hZVi b^c^hign&wzxvjhz l]vi lz#gz \d^c\ ^cid cdl l^aa l^c bdgz hdjah i]vc ZkZgWZ[dgZ^c i]z ]^hidgn d[ i]z ldgay(vcy i]zn l^aa ]VkZ id WZiVj\]i) :ji i]z Zbe]Vh^h ^hcdl \d^c\ id WZ i]vi lz jhz l]vi lz#kz azvgczy id XdbZ ^cid V eavxzd[ ^cizgxzh( h^dc i]vi l^aa ejaa jh id\zi]zg) FO5 AXlZ#gZ hjeedhzy id ejaa id\zi]zg& l]vi ^h `ZZe^c\ jh VeVgi8 C;5 EVcn i^bzh lz aziydxig^czh Y^k^YZjh) :ji ^c i]z Wdd` d[ =e]zh^vch&hvja gzb^cyhjh!id WZcd bdgz X]^aYgZcidhhZY id VcY[gd Wni]Z l^cy d[ YdXig^cZ)! KZeVgVi^dcdkZg Vcn YdXig^cVa ed^ci ]Vh \di id WZX]^aY^h])L]Z YdXig^cZ^hc#iX]^aY^h]Wji Vaadl( ^c\ ^i id Wadl jh VeVgi^h X]^aY( >Z ]QOQZ_dQM]^%@QZZQ_TMZP TU^ burq%<x[]um%tmaq _]MaQXQP _T][`ST[` TQ b[]xp% ^TM]UZS _TQ YQ^^MSQ [R _TQ auo_[]dbq TMaQ_T][`ST 8T]U^_' >Z,413& TQ U^_]UQ^%MZ [`_]QMOT _TM_ Z[b _[`OTQ^ YUXXU[Z^[R \Q[\XQ QaQ]d 7QXUQaQ]"^J[UOQ[R JUO& _[]d%! U^ MU]QPPMUXd[Z.0) ^_M_U[Z^%MZP TU^ _QXQaU^U[Z N][MPOM^_U^OM]]UQPNd +)) ^_M& _U[Z^%M^ bqxxm^ OMNXQ^M_QXXU_Q ZQ_b[]W^ MZP+2) MUYU^_TM _T[^QbT[ MOOQ\_?Q^`^ 8T]U^_M^A[]P ZM_U[ZMXCQ_b[]T ^_M_U[Z^' MXI(GMaU[]OMZXQM]Z*) XUaQaUO_[]U[`^Xd [aq] MZU([R XURQ"^ \][NXQY^' F=N NAF= 2

8 ^h]) 9cY hd i]z dcan lvn id hide i]vi ^h id WZ\^c id ^cizgxzyz[dg dcz Vcdi]Zg VcY i]zc id WZXdbZ k^h^wazid dcz Vcdi]Zg) OZ#kZ\di id \Zi id\zi]zg) 9h, lvh egzevg^c\ [dg i]^h ^c( izgk^zl&, lvh i]^c`^c\ VWdji :dw Ejb[dgY) A bzi :dw dcz i^bz& VcY A a^`z ]^b) A a^`z ]^h WdaYcZhh)A#kZWZZcVgdjcY ]^b hzkzgvai^bzh l]^az ]Z lvh b^c( ^hizg^c\&vcy Ab^hh ]^b) AYdc#i `cdl Vcni]^c\ VWdji l]vi :dw egzvx]zh)a(az#h cdi dc izazk^h^dc& hd AYdc#i hzz]^b& VcY [dg hdbz gzvhdc dg di]zg A ]VkZc#i WZZc Vcnl]ZgZ XadhZ id l]zgz ]Z#h WZZcegZVX]^c\(^[ A]VY WZZc&A ldjay ]VkZ \dcz) >gvc`an& A gzvaanydc#i XVgZl]Vi di]zg ezd( eaz hvn ]Z#h egzvx]^c\) L]Vi YdZhc#i bzvc V i]^c\ ^c i]z ldgay id bz) KdbZWdYnlgdiZ VaZiiZgid bz cdi adc\ V\d i]vi hv^y&!a#kz\di hdbz Y^hijgW^c\ aziizgh VWdji i]^h hij[[ ndj#gz ^`\\[^QP id WZ egzvx]^c\)! 9cY ]Z jcyzgiv`zh id X]Zl bz dji [dg hdbzi]^c\ A#b ^`\\[^QP id WZegZVX]^c\& VcY ]Z ]VYc#i ZkZc ]ZVgY bz) L]Vi#h X]^aY^h]) A b^hh ;]VgaZh K^behdc VcY <ZgZ` Hg^cXZidd) A#kZWZZca^hiZc( ^c\ id <ZgZ`#h gvy^dwgdvyxvhi( ]Z#h Yd^c\ i]z WZhiiZVX]^c\ A#kZ ZkZg ]ZVgY ]^b Yd) A adkz i]vi bvc) GcZ d[ i]z [^ghi gzvagzkzav( i^dch AZkZg]ZVgY^c bn a^[zlvh [gdb <ZgZ` ^c V >jaa?dheza :jh^czhhbzc#h bzzi^c\) A ]VY dcan WZZchVkZY V h]dgi l]^az l]zc A]ZVgY <ZgZ` egzvx]^c\& VcY A#aacZkZg [dg\zi l]vi ]Z hv^y5!o]zc ndj hezv` i]z OdgY d[?dy dji d[ ndjg bdji]& ^i ^h i]z OdgY d[?dy&vcy^i ]Vh i]z hvbz Vji]dg^in Vhl]Zc?dY hv^y&qdzi i]zgz WZa^\]i)### A#aa czkzg [dg\zi i]vi Vh adc\ Vh A a^kz)a]vy czkzg ]ZVgYVcni]^c\ a^`zi]vi(^i gzvaan\di Ydlc ^cid bn ^ch^yzh)9cy ^i ijgczy dji id WZ i]z WZYgdX`d[ i]^h b^c^h( ign(i]z OdgY d[?dy ^c i]z bdji] d[ V WZa^ZkZg), ]VkZc#i hzzc i]zhz bzc ^c V adc\ i^bz&vcy Ab^hh i]zb) Fd 3 8[\QXMZP^Md^U_U^_UYQR[] 8T]U^& _UMZ^ *+^X[\ O]UXUOUeUZS QMOT[(TQ] MZP*+ 'g(m](uz(q]oqpuzs R[] [ZQ MZ[(TQ]' YdXig^cVaed^cih h]djay hzevgviz jh& VcY AYdc#i `cdl i]vi i]zgz VgZVcn) A#kZ]ZVgYi]ZgZ VgZ&Wji A Ydc#i `cdl i]vi WZXVjhZA#kZ czkzg ]ZVgY i]zb hvn Vcni]^c\ i]vi lvh Xgdhhl^hZ l^i] bz Vi Vaa) A Yd `cdl i]^h5 A `cdl ;]VgaZh K^behdc& VcY A `cdl :dw Ejb[dgY) A`cdl i]zn adkz BZhjh&hd l]zgz ^hi]z egdwazb8a `cdl <ZgZ` Hg^cXZ)A `cdl ]Z adkzhbzhjh&hd l]zgz#h i]z egdw( azb8 A `cdl GgVa JdWZgih) A `cdl ]Z adkzh BZhjh&hd l]zgz#h i]z egdwazb8a`cdl BVbZh JdW( ^hdc) A `cdl ]Z adkzh BZhjh&hd l]zgz#h i]z egdwazb8 A\jVgVciZZ i]vi ^[ ZkZgndcZ d[ i]z bzc A]VkZ cvbzy ldjay h^i Ydlc l^i] dcz Vcdi]Zg adc\ Zcdj\]& lz ldjay ^czk^ivwan [^cy hdbzi]^c\ i]vi lz hzz Y^[( [ZgZcian) HgdWVWan& ^[ lz gzvaan hzvgx]zydji l]vi i]dhz Y^[[Zg( ZcXZh lzgz& ^i ldjay ijgc dji i]vi dcz d[ jh ]VY \diizc hdbz ^c[dgbvi^dc VcY `cdlazy\z dc V hjw_zxii]vi i]z di]zgh ]VYc#i) 9cY ^[ lz ldjay a^hizc id ZVX] di]zg#h l^hydb& lz ldjay Vaa XdbZ dji l^i] hdbzi]^c\ i]vi cdcz d[ jh `czl) 9cY&V\V^c&i]Z dcan lvn lz#gz \d^c\ id XdbZ id V eavxzd[ Yd^c\ i]z ldg` i]vi?dy ]Vh lvcizy jh id Yd id\zi]( Zg ^h Wn WZ\^cc^c\ id ^cizgxzyz [dg dcz Vcdi]Zg) FO5 Ah i]^h hdbzi]^c\ lz#gz _jhi WZ\^cc^c\ id gzva^oz& dg ]VkZ lz ValVnh [Zai ^i VcY _jhi cdi YdcZ Vcni]^c\ VWdji ^i8 C;5 OZ#kZ ValVnh `cdlc i]^h lvh igjz&wji cdl ^i#hcdi VbVi( izg d[ l]vi lz [`ST_ id Yd&^i#hV bviizg d[ l]vi lz#gz \d^c\ id TMaQid Yd) OZ#kZ [ddazyvgdjcy idd adc\& eavnzy VgdjcY& l]zc lz h]djay ]VkZ WZZcejaa^c\ id( \Zi]Zg VcY l^cc^c\ i]^h ldgay) Fdl djg WVX`hVgZje V\V^chi i]z lvaa&vcylz#gz \d^c\ id ]VkZ id XdbZ dji jcyzg V YZXaVgVi^dc d[ lvg VcY l^c i]^h i]^c\) 9cY lz#gz \d^c\ id Yd ^i) OZ VgZhi^aai]Z bdhi edlzg[ja \gdje d[ ezdeaz ^c i]z ]^hidgn d[ i]z ldgay) OZ VgZi]Z ZcY(i^bZ Vgbn) OZ#kZ \di bdgz he^g^ijva `cdlazy\z& VcY bdgz d[ ZkZgn( i]^c\ ZahZi]Vi ^i iv`zh&i]vc Vcn di]zg \ZcZgVi^dc ^c ]^hidgn) L]ZgZ[dgZ&lZ#kZ \di bdgz gz( hedch^w^a^in)axlz#gz \d^c\ id l^c i]z ldgay&lz#kz \di id XdbZ id\zi]zg) FO5 O]Vi di]zg VY_jhibZcih VcY gzva^ovi^dchyd lz czzy id bv`z8 C;5 L]Z WdYn d[ ;]g^hi czzyh hdbz WVh^X]Vc\Zh ^c Vii^ijYZh) GcZ X]Vc\Z ]Vh id Yd l^i] djg Vii^ijYZ idlvgy he^g^ijva lvg( [VgZ)Gjg i]^c`^c\ ^c i]z WdYnd[ ;]g^hi ]Vh WZZc5!A#aaYd i]z WZhi A XVc jci^a A Vb ViiVX`ZY&VcY l]zc A#b ViiVX`ZY&A#aaYd i]z WZhiAXVc id gzezai]z ViiVX`)! :ji i]z :^WaZegZhZcih i]z WdYn d[ ;]g^hi VhV b^a^ivgn dg\vc^ov( i^dc) BZhjh Y^Yc#ihVn Vcni]^c\ VWdji V ]day^c\ VXi^dc)@Z hv^y&!?d& _MWQi]Z [^\]i id i]z ZcZbn)?d ^cid i]z l]daz ldgay& avn^c\ ]VcYh dc i]z h^x`&vcy XVhi^c\ dji i]z YZk^a)! B9FL9IP -540

9 OZ#kZ \di V adi id Yd) 9cY id Yd ^i&lz#kz \di id X]Vc\Z djg b^cyh) OZ#kZ \di id YZkZade V lvga^`z Vii^ijYZ(cdi idlvgy dcz Vcdi]Zg Wji idlvgy i]z YZk^a)OZ#kZ \di id WVhZdjg VX( i^dch dc i]z [VXii]Vi lz VgZVi lvg& gzva^o^c\i]vi l]zc lz VgZ Vi lvg& lz Yd i]^c\h i]vi lz Ydc#i Yd di]zgl^hz) L@Z WViiaZ iv`zh eg^dg^in&vcy lz Ygde djg!x^k^a^vc V[[V^gh&! hvxg^[^x^c\ i]^c\h lz cdgbvaan ldjayc#i hvxg^[^xz) AlVh V a^iiazwdnl]zc OdgaY OVg AAWgd`Zdji& VcY Ahi^aagZ( bzbwzg ]dl QaQ]d_TUZSlVh WVhZYdc i]vi lvg) =kzc i]z i^bz odczh lzgz X]Vc\ZY id bvix] i]z lvg) =kzgni]^c\ cv( i^dcl^yz lvh WVhZYdc V lvg bzciva^in) L]ZgZ lvh V bvg`zy Y^[[ZgZcXZ^c i]z CdgZVc OVg WZ( XVjhZ i]z ezdeaz lzgz cdi lvg( b^cyzy) 9cY ^c N^ZicVb& i]z avx` d[ lvg(b^cyzyczhh lvh hd \gzvi i]vi ^i Vabdhi YZhigdnZY i]z cvi^dc) O]n#a L]ZgZ lvh cd lvg YZXaVgZY)Ai lvh dcan V ]day^c\ VXi^dcdg Veda^XZVXi^dc) 9cY i]vi#h i]z lvn i]z WdYnd[ ;]g^hi ]Vh WZZcign^c\ id [^\]i i]^h he^g^ijva lvg Vaai]^h i^bz) :ji ^i ldc#i ldg`(^i czkzg ]Vh& ^i czkzg l^aa) Ai YdZhc#i ldg` ^c i]z cvijgva&vcy^i ldc#i ldg` ^c i]z he^g^ijva gzvab) Kd l]vi lz ]VkZ id Yd ^h XdbZ id V eavxz l]zgz i]z WdYn d[ ;]g^hi YZ( XaVgZhlVg dc i]z YZk^aVcYVaad[ i]z YVg`cZhh d[ ]Zaa) OZ bjhi XdbZ id\zi]zg l^i] dcz Vcdi]Zg VcY iv`z djg igv^c( ^c\ l^i] dcz Vcdi]Zg) 9cY l]zc lz [^cvaanejaa id\zi]zg& hdbz( WdYnl^aa WZjh^c\ i]z lzvedch?dy \VkZ ]^b [dg bz&hd Aldc#i czzy id ldggn VWdji YZ[ZcY^c\ bnhza[& WZXVjhZA l^aa WZjh^c\ bn lzvedch [dg hdbzdcz ZahZ Vahd) L]jh& i]z l]daz WdYn d[ ;]g^hi dj\]i id WZXdkZgZYdc V bjx] ]^\]Zg azkzai]vc l]vi lz XVcYd dc djg dlc) L]Z i]^c\h AVb hvn^c\ ]ZgZ A WZa^ZkZl^i] Vaabn ]ZVgi VgZide!=JMM" >M"6JM"(7FG-"J?PJDFPG?JDMPN%!0PQF(BN(-"JRBEJPQRPHRBN%WIJDI CM"G(#M66 J6(7'G7,GJ% ^h*()*) BJRFEEBJMMM )*( BQQRPXJNBTF(MM %+,)STBTJPM('"J' eg^dg^in l^i]?dy g^\]i cdl) 9h bvcn WZa^ZkZghVh i]zgz VgZ^c i]z ZVgi] idyvn&_jhi ^c h^beaz edejavi^dc& lz#gz \Zii^c\ id i]z ed^ci l]zgz lz#kz \di KViVc dc i]z XVc#iiV`Z Vaad[ jh cdl(i]zgz VgZidd bvcn d[ jh ^[ lz \Zi id\zi]zg) :ji ^[ ]Z XVc `ZZe jh VeVgi&`ZZe jh Yd^c\ djg dlc i]^c\& ]Z XVc `ZZe jh ^cz[( [ZXi^kZ):ji lz VgZcdi \d^c\ id hivn VeVgi Vcn adc\zg) OZ#gZ l^h^c\ je) FO5 Mc[dgijcViZan&bVcn ;]g^h( i^vch]vkz WZZcY^k^YZYdkZg i]z ^hhjz d[ [V^i]&hdbZ WZXVjhZd[ ^cvxxjgvizgzedgih d[ l]vi ^hwz( ^c\ ivj\]i dc i]vi ide^x) OZ `cdl ndj ]VkZ ZmeZg^ZcXZY hdbz deedh^i^dc VcY b^hgzegz( hzcivi^dc ^c i]vi VgZV)AchiZVY d[ hdbzwdyn ZahZ ^cxdggzxian hvn^c\ l]vi ndj WZa^ZkZVWdji [V^i]&XdjaYndj izaajh l]vi ndj WZa^ZkZXdcXZgc^c\ [V^i]8 C;5 >V^i] ^hvkzgn h^beaz i]^c\ dc dcz ]VcY&nZi dc i]z di]zg ]VcY&^i ^hvkzgn YZZe&kZgn Xdb( eazm [dgxz):ji i]z jhz d[ ^i ^h h^beaz) >V^i] XdbZh [gdb i]z OdgY d[?dy) L]Z b^hiv`z bvcn ezdeaz bv`z ^h ign^c\ id _jy\z [V^i] Wn l]vi i]zn [ZZadg l]vi i]zn hzz) AciZgXZhh^dc&a^`Z ZkZgni]^c\ ZahZ&]Vh id WZWn[V^i]) >V^i] ]Vh id WZ V `Zn ZaZbZci) HgVnZg YdZhc#i bv`z [V^i] ldg`([v^i] bv`zh egvnzgldg`) Kd l]vizkzg egvnzg ^i ^h&l]zi]zg V bvc ^h egvn^c\ i]z egvnzgd[ V\g#ZZbZci dg ^c ^cizgxzhh^dc[dg hdbzdcz ZahZ6l]Zi]Zg ]Z#h egvn^c\ i]z egvnzgd[ [V^i] [dg i]z h^x`dg ^c i]z VgZVhd[ ]^h dlc czzyh&[v^i] ^hvc ZaZbZci i]vi bjhi WZi]ZgZ WZXVjhZ[V^i] ^hl]vi bv`zh he^g( ^ijva avl ldg`) Ai ^h i]z edlzg i]vi he^g^ijva avl gzxz^kzhvcy gzazvhzhid XVjhZ^i id [jcxi^dc) LV`Z&[dg ^chivcxz&i]z VgZVd[ ]ZVa^c\) Ai#h cdi gzvaanv fjzh( i^dc d[ l]d ]Vh Zcdj\] [V^i] dg l]zi]zg?dy ]ZVah ZkZgnWdYn) L]Z igjz ^hhjz ^h \d^c\ id i]z OdgY VcY hivn^c\ i]zgz jci^a F=N NAF= 4

10 ndj 6WPW'A#kZ]VY ezdeaz Vh` bz&!<d ndj i]^c` Ah]djaY iv`z bn bzy^x^cz8!!<d ndj i]^c` A h]djay iv`z bn \avhhzh d[[8!!<d ndj i]^c` Ah]djaY iv`z bn WgVXZd[[8! >R_TQd TMaQ _[ M^W% _TQd NQ Q] Z[ MWQ_TQY [RR' OZ bjhi hivn ^c i]z OdgY jci^a lz `cdl) A a^`z i]z lvn GgVa JdWZgih ejih ^i l]zc ]Z hvnh&!qdj _jhi `cdl i]vi ndj `cdl i]vi ndj `cdl i]vi ndj `cdl)! Af^hVc ^c( czg `cdl^c\) Af^h V YZZeXdck^X( i^dc i]vi hziiazh Ydlc ^ch^yzd[ ndj) HZdeaZ jhjvaan Ydc#i ]VkZ Y^[[^XjainZmZgX^h^c\ [V^i] [dg hva( kvi^dc VcY i]z czl W^gi]&[dg ZmVbeaZ&Wji i]zn P[ l]zc ^i XdbZh id e]nh^xva ]ZVa^c\) OZ `cdl lz VgZhVkZYWn[V^i]&VcY i]vi [V^i] XdbZh Wn]ZVg^c\ i]z OdgY d[?dy) L]Z hvbz eg^cx^( eaz Veea^Zhid ]ZVa^c\) L]Z dcan Y^[[ZgZcXZ^h i]vi dcz i]^c\ ]Vh id Yd l^i] djg he^g^ih VcY i]z di]zg djg WdY^Zh) AXlZ \d id i]z OdgY d[?dy& 0PQFMBMME BM(#M IJS WJGF% 4MPRJB% TRBVFMTIPUSBMMES PGNJMFSFBDI6MFBM" TP D:MMEUFM?JFTPN0RUSBEFS JMMNBKPRDJTJFSTIRPUHIPUTIF >MMJTFE <TBTFS BM(#M JMMNBMMMM GPRFJHMM #%PUMMTRJFS' lz#gz dc hda^y\gdjcy) A#b cdi Wdi]ZgZYWn i]z YZk^aign^c\ id izaabz A#b cdi hvkzy)a#kzwzzc id i]z OdgY hd bvcn i^bzh Xdc( XZgc^c\ bn hvakvi^dc VcY Xdc( [ZhhZY^i hd bvcn i^bzh i]vi [V^i] ]Vh XdbZ) Ai#h[jaa(Wadlc ^c bz) OZ XVc&VcY h]djay& Veean i]z hvbz eg^cx^eazl]zgz ]ZVa^c\ ^h XdcXZgcZY)?d id i]z OdgY VcY bzy^iviz dc i]dhz hxg^eijgzh) D^hiZc id bzhhv\zh egzvx]zydc ]ZVa^c\&cdi bzhhv\zh egzvx]zy V\V^chi ^i) L]Vi#h cd lvn id Xjai^kViZ V Xgde d[ [V^i](id azi hdbz \jn dji i]zgz XdbZ VcYY^\ ^i je) AchiZVY&lZ \d id i]z OdgY XdcXZgc^c\]ZVa^c\ VcYhiVn i]zgz 8ACF?0 BNYZXNL[R]N HRVN [NJLQNYZZQJYN[QNRYK\YMNV OWY \VR[` RV[QN KWM` WO5QYRZ[' -, 0IBRMFS'"%"JNQSPG(% 6IJREGRPNMFGT% SIBRFSTIBTIF SFFSUMMJTMM VhB EFVFMPQ& JMMMMMMM(#M66JNJMMM BNPMMMMMIF MFBEFRSIJQ PGTIF 0IURDI Vh*) WIBTMIF<QJR& U_PG#.PE^hSBJM JJ(66' 3RPN MFGM BRF($)** 5BSIBN%2N 5BXTFR%<JNQSPM6% BMME5PC 8UNGPRE' /<H Ejb[dgY5 OZ VeegZX^ViZ hd bjx] CZccZi] ;dezavcy#hgz( bvg`h ^c ]^h ^cizgk^zl VcY ]^h ^YZci^[^XVi^dc l^i] jh&]^h ZmegZh( h^dch d[ adkz VcY VeegZX^Vi^dc idlvgy jh) 9cY& d[ XdjghZ&lZ ]VkZ V YZZegZheZXi[dg ]^b VcY i]z di]zg bzc l^i] l]db ]Z ^h VhhdX^ViZY) GcZ i]^c\ Vaad[ jh ]VkZ azvgczy i]gdj\] i]z deedh^i^dc lz ]VkZ ZmeZg^ZcXZY^h i]vi l]zc V W^W( a^xvaigji] ^h gzkzvazyid jh& lz XVccdi XZVhZid egzvx]^i WZXVjhZ hdbz ezdeaz b^hveean ^i) OZ [ZZa Vc ^YZci^[^XVi^dcl^i] CZccZi] VcY i]dhz di]zg Wgdi]ZghWZXVjhZ d[ l]vi lz ]VkZ ZmeZg^ZcXZY) O]Vi i]zn ]VkZ \dcz i]gdj\] ^c izvx]^c\ i]z [V^i] bzhhv\z ^h hd VcVad\djh id l]vi lz ]VkZ ZmeZ( g^zcxzyi]vi ^i#hwgdj\]i VXZgiV^c hzchzd[ XVbVgVYZg^Z) =gc :VmiZg5A lvh ^begzhhzywn l]vi CZccZi] h]vgzyvwdji djg B9FL9IP -540

11 jci^a [V^i] ]Vh ]VYVc deedgijc^in id Wadhhdb VcY bvijgz) L]Zc ^i l^aa TW gzazvhzy[gdb djg he^g^ih VcY ^cid djg WdY^Zh& VcYWZ\^cid Yg^kZdji i]z i]^c\h i]vi VgZXVjh( ^c\ djg egdwazbh) O]Vi ezdeazvahdczzyid azvgc l]zgz [V^i] VcY ]ZVa^c\ VgZXdc( XZgcZY^h cdi hd bjx] VWdji \Zi( i^c\ ]ZVaZYWji hivn^c\ lzaa) OZ bjhi hivn ^c i]z OdgY d[?dy) Ai XVjhZhdjg [V^i] id \Zi higdc\zg) A WZa^ZkZ^i lvh Kb^i](O^\\aZh( ldgi] l]d hv^y&!<dc#i ZkZglV^i jci^a ndj czzy ndjg [V^i] id Yd Vcni]^c\ VWdji ^i)! >V^i] ^hkzgn h^beaz) Ai XdbZh Wn ]ZVg^c\ i]z OdgY d[?dy6 [V^i] ^h gddizyvcy \gdjcyzy ^c i]z OdgY) FO5 O]Vi Yd ndj hzz]veezc^c\ g^c]i cdl ^c i]z ;]jgx] i]vi Zc( Xdjgj\Zh VcYZmX^iZhndj bdhi8 C;5 9 czl djiedjg^c\ d[ i]z Ke^g^id[?dY l^i] h^\ch VcYldc( YZgh(i]Z i]^c\ i]vi ;]g^hi^vch ]VkZ WZZcegVn^c\ VWdji [dg [^[in nzvgh(^h ]VeeZc^c\) 9 XdbW^cV( i^dc d[ Vaai]Z gzk^kvahi]vi lz#kz `cdlc ^c i]z ilzci^zi] XZcijgn VaagdaaZYje ^cid dcz W^\ \gvcy( YVYYnd[ i]zb Vaa]Vh VagZVYn hivgizy(^i#h VagZVYnjcYZg lvn) GjihiVcY^c\ i]^c\h VgZ ]Ve( ezc^c\(?dy ^h Yd^c\ hdkzgz^\c i]^c\h) OZ#gZ\d^c\ id ]VkZ bdgz [jc ^c i]z b^yyazd[ i]z ldghi he^g^ijvalvg[vgz lz#kz ZkZg]VY ^c Vaad[ djg ]^hidgn&wji i]vi#h i]z cvijgz d[ gzk^kva)9cy lz#aal^c) A `cdl ezdeaz ]VkZ ]ZVgYi]^h WZ( [dgzwji A#kZgZVYi]Z WVX`d[ i]z :dd`(lz VgZi]Z l^cczgh) Kd ^i#h i^bz lz hivgi VXi^c\ a^`z^i)?dy ^h edjg^c\ Ke^g( ^i(^i ^h ]VeeZc^c\) A#b hzz^c\ bdgz ezdeaz \Zii^c\ Wdgc V\V^c& Vabdhi WnVXX^YZci& i]vc lz jhzy id WngZVaanldg`^c\ Vi ^i) L]ZhZ VgZ]jc\gn& ]jc\gn ezdeaz&l]d ild nzvgh V\d ldjayc#i ]VkZ &g,kzc?dy i]z i^bz d[ YVn):ji cdl i]zn#gz add`^c\ hzvgx]^c\@^b dji) 9adc\ l^i] i]vi& A#b ZcXdjg( V\ZY i]vi lz#gz [^cvaan[vaa^c\^c adkz l^i] dcz Vcdi]Zg) L]Vi#h egdwvwan i]z bdhi ZmX^i^c\i]^c\) OZ#gZ [^cvaan \Zii^c\ hbvgi Zcdj\] id hivgi adk^c\ dcz Vcdi]Zg(Yd^c\ i]^c\h _jhi WZ( XVjhZlZ adkzdcz Vcdi]Zg) OZ#gZ ]Zae^c\ dcz Vcdi]Zg VcY WZ^c\ V a^iiazxgzvi^kzvwdji ^i) A#b add`( ^c\ [dglvgy id i]z YVn l]zc l]daz X]jgX]Zh l^aa \d dkzg id Vcdi]Zg evhidg#hx]jgx] _jhi id [^aa je ]^h Wj^aY^c\VcY \^kz ]^b V h]di ^c i]z Vgb(VcY ZcXdjgV\Z ]^b) L]^h YZh^gZid adkzdcz Vcdi]Zg ^hdc jh g^\]i cdl) Ai#hXdb^c\ ^[ higdc\) OZ#gZ\d^c\ id hzzbdgz d[ ^i i]vc lz#kz ZkZghZZc WZ[dgZ Vh?dY bdkzh ^c djg b^yhi ^c VbVo^c\ lvnh) L]Vi#h l]vi gzva _dn ^h Vaa VWdji(WZXdb^c\ ^c( kdakzy a^`z i]vi) 9cY Vaad[ i]^h \dzh WVX`id i]z eg^cx^eazlz WZ\Vc l^i](^cizgxzhh^dc) DdkZ ^hvc djixgdee^c\ d[ ^cizgxzhh^dc) DdkZ ^h ^cizgxzhh^dcdji dc i]z hjg[vxzl]zgz ndj XVchZZ^i) + czzy [dg jc^in& WZXVjhZ[dg i]z evhi hzkzgvanzvghlz ]VkZ bvyd V YZa^WZgViZViiZbei id Wj^aY Wg^Y\Zh)Ai ^h V higdc\ YZh^gZ^c djg ]ZVgih) Mc^in ]Vh czvgan ValVnh hzzbzy id WZ dc jcviiv^cvwaz \dva) AchiZVY d[ jc^in& lz ]VkZ ]VY V egda^[zgvizy i]vi Y^k^h^dc ]Vh gzvx]zy^ih hvijgvi^dc ed^ci) Ac( Y^XVi^dchVgXi]Vi V `^cy d[ YZh( ezgvi^dc ]Vh hzi ^c hd i]vi ZkZc i]z bdhi hjxxzhh[ja gza^\^djh dezgvi^dc ^h VlVgZ i]vi p]z ldgay ^hc#i\d^c\ id WZ^beVXiZY Wni]Z \dheza jcazhh lz \Zi hdbz `^cy d[ ;]g^hi^vc XdchZchjh) OZ ]VkZ V gzhedch^w^a^inid Yd ZkZgni]^c\ l^i]^c djg edlzg id Z[[ZXi egdezg gzavi^dch]^e l^i] i]z ;]g^hi^vc Xdbbjc^in& WZXVjhZcdi dcan ^h jc^in V evgi d[ i]z jai^bviz ejgedhz d[?dy& ^i ^hi]z dcan bzvch Wnl]^X] i]z \dheza XVcZ[[ZXi^kZanidjX] i]z ldgay) L]Z DdgY BZhjh hv^y& F=N NAF=?66J(66%'"*)**'"*2N 6(PXTB%FFMMTFR% ^htif :JM(66NFPMMSIMM@IJDI TIF HPSQFM DBMMFGGFDTJVF(66 TPUDI TIF #0PR(E'!>Vi]Zg& AlVci i]zb id WZdcZ Vh Qdj VcY A VgZGcZ _TM TQ b[]xp YMd WZ[b Qdj ]VkZ hzci EZ)! AXi]Z ldgay ^hid WZidjX]ZY Wn i]z bzhhv\z d[ gzyzbei^dc& ^i#h \di id XdbZ [gdb i]z eavi( [dgb d[ C^c\Ydb jc^in) <dc :Vh]Vb5 Ac i]z avhi [Zl nzvgh&lz ]VkZ cdi^xzyv \gdl( ^c\ hzchz d[ Y^hhVi^h[VXi^dc Vbdc\ ;]g^hi^vc azvyzghvwdji i]z Vibdhe]ZgZ ^c l]^x] ezdeaz ]VkZ Xdci^cjVaan Xg^i^X^oZYdcZ Vcdi]Zg) L]ZgZ ^hv\gdl^c\ gzva(,,

12 ^ovi^dca]vi ^c i]vi `^cy d[ X,^) bviz& lz#aa czkzg VXXdbea^h] l]vi?dy ]Vh Xdbb^hh^dcZY jh id Yd) S i]^c` i]zgz#h V Xa^bViZ X]Vc\Z cdl idlvgy Vc ^cxgzvh) ^c\ gzajxivcxzid [^\]i VcY VX( XjhZ) OZ#kZ \dcz ^cid V bdgz XdchigjXi^kZ e]vhz l]zgz ezdeaz YZh^gZ id gzaviz gzyzbei^kzan VcY edh^i^kzan&^chizvyd[ hfjvg( ^c\ d[[ Vi dcz Vcdi]Zg) O]Vi czzyhid iv`z eavxz^hv k^h^waz&gzhedch^wazjc^in i]vi ldjay hezv` id i]z ldgay VgdjcY jh(i]z ZhiVWa^h]bZci d[ ldg`( ^c\ bdyzah d[ Xdbb^iiZY ezdeaz l]d XVgZ[dg dcz Vcdi]Zg VcY l]d gzavizid\zi]zg l^i] di]zg \gdjeh) OZ bjhi ]VkZ i]vi `^cy d[ k^h^wazyzbdchigvi^dc d[ XVgZ& Xdbb^ibZci& VcY adkz) OZ czzy i]z `^cy d[ ^ckdakzbzci ^c dcz Vcdi]Zg#h a^kzh i]vi CZccZi] gz[zggzyid) O^i]dji ^i&zkzc ^[ lz XdjaYVaa\Zi id\zi]zg ^c hdbz d[[^x^valvn& AYdc#i WZa^ZkZi]Vi ldjay X]Vc\Z i]z ldgay) :ji bu_t i]vi `^cy d[ jc^in& i]z ldgay l^aa `cdl) 7PC8UNGPRE6NMMS 0IRJSTJBG( HRPUQSBG(EEFM@NJG(BTJPG(S BRFCFHJG(G(JG(H TPSFF TIBT CMMTIFNSFM#$FS% TIFMMBRFBG(JG(DPNQMFTF FXQRFSSJPMM PGTIF MBRHFRNFSM.BHFBMMEVJSJPG(' :dw Ejb[dgY5 <dc jhzy i]z ldgy OXUYM_Q' L i]^c` Xa^bViZ hezv`h d[ V X]Vc\Z ^c Vii^ijYZh& l]^x] AhZZ iv`^c\ eavxz^c ild lvnh) >^ghi&i]z Xa^bViZ d[ Vi) i^ijyzh ^h X]Vc\^c\ ^c i]vi ^c( Y^k^YjVa;]g^hi^Vc \gdjeh VcY YZcdb^cVi^dch VgZWZ\^cc^c\ id hzzi]vi Wni]ZbhZakZh&i]Zn VgZ Vc ^cxdbeaziz ZmegZhh^dcd[ i]z avg\zgbzhhv\z VcY k^h^dc) KZXdcY ^h i]z XZhhVi^dc d[ hig^[z&vxxjhvi^dc&vcy XdbeZi^( i^dc <dc gz[zggzyid) Ai hzzbh id bz i]vi?dy ^hvxi^c\ ^c ]^hidgn g^\]i cdl) 9ii^ijYZ X]Vc\Z YdZhc#i XdbZ Wn_jhi VY_jhi^c\ dg Aa]ggXX^c\ dc YdXig^cZ&dg bj) ijvaan gzxd\c^o^c\ hdbz czl bdkz d[ i]z Ke^g^i)Si XdbZh VhV gzhjai d[ VhdkZgZ^\c^ciZgkZci^dc& VcY i]vi ^hiv`^c\ eavxzcdl) ;]cga;@ K^behdc5 S WZa^ZkZi]Z eg^bvgn ivh` d[ i]z ;]jgx] ]Vh ValVnh WZZc id XVggn dji i]z Xdbb^hh^dc d[ i]z DdgY id Xdc( kzgi cvi^dch id i]z `^c\ydb d[ -.?dy& id Y^hX^eaZi]Zb& id izvx] i]zb id hzgkz&vcyid izvx]i]zb id ]Vh hv^y) GcZ d[ i]z W^\\Zhi Y^[[^Xjai^Zh^c [ja[^aa^c\ djg Xdbb^hh^dc ]Vh WZZci]Z [gvxijgzd[ i]z ;]jgx]) L]Z Y^k^YZY;]jgX] XVccdi egd( XaV^bi]Z `^c\ydb d[?dy Z[[ZX( i^kzan WZXVjhZ Y^k^h^dc ^h V YZc^Vad[ i]z bzhhv\z) O]Vi hzzbh id WZ]VeeZc^c\ cdl& ]dlzkzg& Vh CZccZi] Xdb( bzcizy&^hi]vi Vadi d[ ;]g^hi^vc \gdjeh VgZWZ\^cc^c\ id gzva^oz i]zn XVc#iYd i]z _dwwn i]zb( hzakzh) 9h V gzhjai& i]zn VgZ gzvx]^c\ dji id dcz Vcdi]Zg id \Zi ]Zae ^c [ja[^aa^c\ i]z DdgY#h XdbbVcYbZci) :ji i]zgz ]Vh id WZVhe^g^ijVa^beZijh) L]ZgZ ]Vh id WZVk^h^iVi^dc[gdb?dY) 9cY i]zgz ]Vh id WZ V gzyzbei^dc [gdb XVgcVaVii^ijYZh) L]Z jc^in i]vi A hzz iva`zy VWdji ^c i]z KXg^eijgZ^hVjc^in d[ adgyh]^e&v jc^in d[ he^g^i&v jc^in d[ [V^i]& VcY V jc^in d[ gzavi^dch]^e) A Ydc#i hzz ^i Vh V jc^in d[ dg\vc^ovi^dch WZXVjhZ dg\vc^ovi^dc Wn^ihZa[^hbZgZan V bzvch) A hzz jc^in Vh V YZkZade^c\ jcvc^b^in Vbdc\ i]z azvyzgh]^e d[ i]z ;]jgx] Vh id l]vi i]z Ke^g^i d[?dy ^h hvn^c\) AYdc#i k^zl i]vi Vh V bviizg d[ dg\vc^( ovi^dc) A k^zl ^i Vh V he^g^ijva ezgbzvi^dc d[ i]z ;]jgx] l^i] i]z Vii^ijYZ VcY VXi^k^in d[ BZhjh ;]g^hi) A WZa^ZkZ?dY ^h hvn^c\ i]vi Vaad[ jh ^c djg kvg^djh ;]g^hi^vc \gdjeh czzy id VeegdVX] dcz Vcdi]Zg ]jbwan& WZ^c\ idazgvci d[ kvg^zin VcY l^aa^c\ id azvgc [gdb dcz Vcdi]Zg) Ai#hkZgn ^b) edgivci i]vi lz gzh^hii]z cvij( gvaizcyzcxn id WZ^hdaViZY)OZ ]VkZ id iv`z YZ[^c^iZ hizeh idlvgy dcz Vcdi]Zg VcY YZ[^c^iZ hizeh idlvgy WZ^c\ evgi d[ i]z WgdVYZg;]jgX]) SB 9Q]QWE]UZOQbM^ UZ>^]MQXM TQ_UYQ[R _TU^R[]`Y MZPbM^ _T`^ `ZMNXQ_[ \M]_UOU\M_Q' B9FL9IP -540

13 L=KLAEGFQ =TQ ^U_`M_U[ZUZAQNMZ[Z% Vi 9ccVeda^h& EVgnaVcY& id( \M]_UO`XM]Xd UZ_TQXUST_[R \Zi]Zg ^c i]z b^y(hzkzci^zh&]vy ]QOQZ_QaQZ_^%TM^ NQQZ iv`zc hdbz d[ djg [a^\]i igv^c^c\ auqbqpnd Y[^_ M^_]MSUO' 7`_ M_ id\zi]zg& VcY bdgz gzxzcian]vy XQM^_[ZQ ^_[]d [R auo_[]dtm^ Wdi] WZZc^ckdakZY ^c G[[^XZg#h QYQ]X#QP'HTQ PQM_T[R _bqz_d& ;]g^hi^vc >Zaadlh]^e& V :^WaZ QUX#T_&dQM]&[XP BM]UZQ 8M\_MUZ hijyn \gdje Vi i]z WVhZ^c Fdgi] BUOTMQX'6' DTXQ] TM^ N][`ST_ ;Vgda^cV) Ac djg i^bz d[ [Zaadl( >#X[]d_[ <[P _T][`ST _TQ_Q^_U& h]^e ^c :Z^gji& lz iva`zy VWdji Y[Zd [R TU^ burq%<mux'=q]q U^ djg [Vb^a^Zh)L]^h lvh E^`Z#h BUOTMQXMZP<MUX"^ ^_[]d M^_[XP [^ghi gzva hzevgvi^dc [gdb ]^h Nd _TQU]OX[^Q R]UQZP%BM]UZQ l^[z&?v^a&h^cxzi]zn ]VY WZZc 8M\_MUZFUOW=MYYQ' bvgg^zy&vcy ]Z lvh b^hh^c\ ]Zg VcY ]^h YVj\]iZg& KVgV&iZgg^Wan) L]Z avhi a^bz A hvl E^`Z :ji V[iZgV\ddY i^bz d[ egvnzgid( G]aZg lvh ^c EVn&l]Zc ]^h jc^i \Zi]Zg&]Z lvh ZcXdjgV\ZY) Vgg^kZY^c :Z^gji id gzeavxzdjgh) AlVh VWaZid \Zi Vh]dgZ id hzz?^k^c\?adgn id?dy ]^b& VcY lz hezci V \ddy l]^az Ai lvh djg adc\(hivcy^c\ gzav( iva`^c\ id\zi]zg) E^`Z VcY A]VY i^dch]^e Vh ;]g^hi^vc Wgdi]Zgh WZZcXadhZ[g^ZcYh[dg nzvgh)oz i]vi ZcVWaZYbZ id WZ l^i] ]VYViiZcYZYi]Z#FVkVa9XVYZbn E^`Z#h l^[z& VcY ]Zae ]Zg l^i] EYR\UXQRV[QN?RMZ[ WOEYJPNM` 4I 53BE3;@ C;5= :3??7 3?JYRVN#ZMNJ[Q RV>NKJVWVTNJMZW[QNYZ[W 5QYRZ['!C[ DXXQFNMT`]_ YQ `XXUQ^^ _TQA[]P MX([b^JT[] `XXUQ^^ XUQgg]QMPd_[ O`>(YQ T[YQ!&BUOTMQX DTXQ]%]UZTX' F=NNAF= Vaai]Vi ]VeeZcZY V[iZgh]Z XVaaZY bz dc KjcYVn&GXidWZg,1&id ^c( [dgb bz i]vi E^`Z ]VY WZZc `^aazy)ld i]z WZhid[ djg `cdla( ZY\Z&E^`Z lvh ]^i Wn Z^i]Zg V hc^ezg gdjcy dg V higvn gdjcy i]vi V[iZgcddc ^c WZZc bdkzy dji d[ WViiVa^dc ]ZVYfjVgiZgh $l]^x] lvh avizg WdbWZY%id V DZWVcZhZjc^kZg( h^in _jhi VWdji V b^az [gdb i]z cdgi]zgc WdjcYVgn d[ i]z V^g( lvh V [dglvgy V^gXdc( igdaazg i]zgz& Y^gZXi^c\ V^g hjeedgi [dg ]^h WViiVa^dcl]Zc i]zn lzgz jcyzg ViiVX`) O]Zc i]z h]di ]^i E^`Z& ]Z lvh `^aazy ^chivcian VcY Y^Y cdi hj[[zg) L]Vi lvh V\gZVi Xdb[dgi id?v^a VcY bz VcYZkZgnWdYn^ckdakZY) O]Vi lvh d[ ZkZc \gzvizgxdb( [dgi lvh `cdl^c\ E^`Z lvh l^i] i]z adkzy i]z DdgY l^i] Vaa]^h ]ZVgi&VcY ]^h [V^i] lvh i]z \j^y^c\ [djcyvi^dc ^c ]^h a^[z[dg ZkZgni]^c\ ]Z Y^Y) :ji ^i lvh?v^a#h [V^i] i]vi?dy jhzy Vi i]z i^bz d[ E^`Z#h YZVi]) G[ i]z h^m9bzg^xvc hda( Y^Zghl]d ]VY egzk^djhan WZZc `^aazy^c :Z^gji& Ai]^c` h]z lvh i]z [^ghi l^[z l]d hed`z dji Wn lvn d[ i]z cvi^dcvaczlh id \^kz \adgn id?dy& VcY Wn ]Zg igzbzcydjh XdbedhjgZ jcyzg igvjbvi^x X^g( XjbhiVcXZh&?dY YgVbVi^XVaan jhzy ]Zg izhi^bdcn& l]^x] lvh XVgg^ZYdc i]z cvi^dcvaczlh) JZegZhZci^c\ E^`Z A WZa^ZkZ&[gVc`an& i]vi i]z czlhbzc lzgz ]de^c\ id \Zi V eda^i^xva hivizbzci dji d[?v^a(v l^ydl ^c i]z YZei]h d[ ]Zg hdggdl& l]d b^\]i avh] dji V\V^chi i]z eda^i^xhd[ i]z HgZh^( YZci dg djg egzhzcxz^c DZWVcdc) :ji h]z `czl i]vi i]z DdgY ldjay lvci ]Zg id gzegzhzci E^`Z [dg l]vi ]Z lvh(v ;]g^h( i^vc d[[^xzgyd^c\ ]^h Yjin dkzg i]zgz) O]Zc h]z lvh ^cizgk^zlzy& h]z hivizy i]vi h]z lvh egvn^c\ [dg i]z HgZh^YZciVcYhjeedgi^c\ ]^b) 9h h]z iva`zyvcy izhi^[^zy id?dy#h \gvxz&i]z gzvahidgn WZ( XVbZ]dl higdc\?v^a#h[v^i] lvh) -/

14 @Zg hidgn ZkZc gzvx]zyi]z HgZh^YZci)K]Z gzxz^kzyv e]dcz XVaa[gdb ]^b& VcY ]Z hv^yi]vi E^`Z ldjay WZegdjY d[ i]z lvn h]z lvh ]VcYa^c\ Vahd ZmegZhhZYVeegZX^Vi^dc[dg ]Zg egvnzgh[dg ]^b) EVcn ezdeaz [gdb VaadkZg i]z Xdjcign XVaaZYVcY h]vgzy ]dl i]zn lzgz idjx]zy Wn?V^a#hiZh( i^bdcn d[?dy#h \gvxz) K]Z WZ\Vc \Zii^c\ bv^awv\h [jaa d[ aziizgh [gdb ezdeaz l]d& cdi `cdl^c\ ]Zg VYYgZhh&h^bean lgdiz ^c XVgZd[ i]z edhibvhizg ^c HZchVXdaV&>adg^YV)?dY ]Vh jhzy i]z h^ijvi^dc VcY?V^a#h[V^i] ^c BZhjh ;]g^hi id Wg^c\\adgn HZg( ]Veh d[?v^a#h hidgn& hjbbvg^ozy ^i WZhi^c ]^h gvy^dwgdvyxvhi5!?v^a G]aZg d[ HZchVXdaV&>adg^YV& l]dhz ]jhwvcy lvh `^aazy ^c :Z^gji& DZWVcdc(ndjg [V^i] ]Vh WZZcVc ^che^gvi^dcid jh Vaa)Qdj VcY ndjg ]jhwvcy Wdi] YZhZgkZ bzyvahd[ \VaaVcign)! SB 8M\_MUZFUOW=MYYQ ^h^_m_u[zqp M_ BM]UZQ 8[]\^ 6U] G_M_U[Z CQb FUaQ] UZ?MOW^[ZaUXXQ% C[]_T 8M][XUZM%bTQ]Q TQ XUaQ^ bu_t TU^ burq%?mz%mzp ^[Z% :]UOW' <MUXDTXQ]]QOQUaQ^ _TQRXMS_TM_P]M\QP_TQO[RRUZ[R TQ] T`^NMZP% Gc KjcYVn c^\]i& GXidWZg BM]UZQ8M\_MUZBUOTMQX 7' DTXQ]%bT[ bm^ WUXXQP Nd M^ZU\Q]DO_[NQ],1& AlVh \Zii^c\ gzvyn (/ UZ7QU]`_%AQNMZ[Z'>'QR_^h7]USMPUQ] <QZQ]MXF[NQ]_BUXXUSMUZ% MZP id \^kz bn WVWnV WVi] OQZ_Q]^h8M\_MUZFUOW=MYYQ' l]zc bn bdi]zg XVbZ ^cid i]z gddb) :n i]z i]^c\h h]z hv^y&a `czl i]vi gzegzhzcivi^kzh[gdb i]z EVg^cZh ]VYXdbZ id \^kz bz czlh VWdjibn ]jhwvcy&e^x]vza& l]d lvh hivi^dczy ^c :Z^gji&!3TTEQRVPZHWYS EWPN[QNYOWY9WWM'''! DZWVcdc) 9h A lvh ]jggn^c\ Ydlc i]z ]VaalVn&AegVnZYi]Vi 4I 93;> A:>7C E^X]VZaldjaY dcan WZldjcYZY) :ji ^i lvh bjx] ldghz czlh :NY Z[YNVP[QNUNYPNM W\[ WO[QN QJYMNZ[RUNZ' i]vc i]vi) L]Zn iday bz ]Z ]VY l]^az) L]Z [^ghi i]^c\ i]vi XVbZ i^c\ dc i]vi& A egvnzy V fj^x` WZZc`^aaZYWn hc^ezg [^gz ZVgan id bn b^cy lvh JdbVch egvnzg5!ddgy& ^[ Qdj ldjay& i]vi bdgc^c\)!oz `cdl i]vi?dy XVjhZh Vaa hdbzi^bz ^c bn a^[zazi bz hzz 9[iZg i]z EVg^cZh az[i&alvh i]^c\h id ldg` id\zi]zg [dg \ddy hdbz d[ i]z \ddy i]vi l^aa XdbZ VWaZid WZWn bnhza[ [dg V a^iiaz id i]zb i]vi JZ[aZX( dji d[ E^X]VZa#hYZVi])! -0 B9FL9IP -540

15 L]Z VchlZg id i]vi egvnzg XVbZ bjx] hddczg i]vi A]VY Zm( ezxizy)kdbz d[?dy#h ejgedhz WZ\Vc id jc[day i]z czmi YVn l]zc i]z cvi^dcvaegzhh Vgg^kZY)?dY \VkZ bz higzc\i] VcY ]ZaeZY bz id VchlZg i]z^g fjzh( i^dch& YZhe^iZ bn cvijgva izc( YZcXnidlVgY h]nczhh& Vaadl^c\ bz id h]vgzbn [V^i] ^c i]z DdgY l^i] ezdeaz VaadkZg i]z ldgay) FZlhbZc Vh`ZY bz fjzhi^dch a^`z&!9gz ndj W^iiZgVWdji l]vi ]Vh i]z i]dj\]i d[ W^iiZgcZhh]VYc#i dx( XjggZYid bz&vcy AgZVa^oZYi]Vi AgZVaanlVhc#i W^iiZg)Ai]^c` ^i hjgeg^hzy i]zb) HgZeVg^c\ Gi]Zg O^kZh :Zh^YZh \^k^c\ bn izhi^bdcn i]gdj\] i]z cvi^dcvaczlh bzy^v& AlVh VahdVWaZ& l^i]dji gzva^o^c\ ^i& id egzevgz di]zg EVg^cZh# l^kzh [dg i]z igv\zyn nzi) id XdbZ ^c i]z^g a^kzh) EVcn d[ i]zb XVaaZYZmegZhh^c\ i]z^g XdcYdaZcXZhVcY Vh`^c\ ]dl A lvh Yd^c\) Ah]VgZY l^i] i]dhz l^kzh l]vi i]z DdgY ]VY YdcZ [dg ]VY Xdb[dgiZY bz) K iday i]zb VWdji i]z c^\]i A]VY ]ZVgY i]z czlh& l^i] bn b^cy hd [^aazy l^i] bvcn i]dj\]ih& i]vi hjyyzcan V XaZVg i]dj\]i ]VY ]^i bz&ktm_ b[`xp >P[ UR<[P bm^z"_tq]qbu_tyq5 AX^i ]VY WZZc_jhi bz VadcZl^i] bn i]dj\]ih& AldjaY ]VkZ WZZc gzvynid ZcY ^i Vaa):ji A gzva( ^ozy&>"aqs[ TQA[]P _[ NQM] _TU^N`]PQZ bu_tyq' K Vh`ZY bvcn d[ i]z l^kzh l]zc i]zn XVaaZYl]Zi]Zg i]zn ldjay WZVadcZ l^i] dcan i]z^g i]dj\]ih dg l]zi]zg i]zn ldjay ]VkZ i]z DdgY id ]Zae i]zb i]gdj\] ^[ i]zn lzgz ZkZg id WZ ^c bn edh^i^dc) G[ XdjghZ&_jhi dcz lzz` avizg&i]z ]ZVYfjVgiZgh ^c :Z^gji lvh Wadlc je VcYbVcn d[ i]z l^kzh id l]db A]VY hed( `Zc lzci i]gdj\] i]vi hvbz Vl[ja ZmeZg^ZcXZ& [VX^c\i]Z YZVi] d[ i]z^g ]jhwvcyh)kdbz d[ i]zb avizg iday bz i]vi l]vi A ]VY hv^yxvjhzyi]zb id add` id?dy) L]Vi lvh Vcdi]Zg \ddy i]^c\ F=N NAF= i]vi XVbZ dji d[ E^X]VZa#h YZVi]) KdbZi]^c\ ZahZ edh^i^kz ^h i]vi djg [Vb^an VcY[g^ZcYh]VkZ WZZcYgVlc XadhZgid i]z DdgY) GcZ d[ E^X]VZa#h WZhi [g^zcyh lgdiz bz i]vi WZ[dgZE^X]VZa#h YZVi] ]Z ]VY WZZcVWVX`ha^YYZc ;]g^hi^vc) :ji gzgzvy^c\i]z azi( izgh E^X]VZa ]VY lg^iizc ]^b bdkzy ]^b id bv`z BZhjh DdgY d[ ]^h a^[zv\v^c) 9h Aadd` WVX`cdl& AhZZi]Vi?dY ]VY WZ\jc id egzevgzjh [dg i]^h YVn ZkZc WZ[dgZlZ lzgz bvgg^zy)a ]VY ]VY id XdbZ id izgbh l^i] i]z [VXii]Vi E^X]VZa lvh V e^adi VcY i]vi YVc\Zg ldjay WZ^ckdakZY ^c ]^h [an^c\) E^X]VZa]VY hv^yid bz&!dzi bz izaandj ild i]^c\h) >^ghi d[ Vaa& cd dcz XVc ]jgi bz jcazhh i]z DdgY Vaadlh ^i dg gzvyn id XVaabZ ]dbz) Mci^a i]zc& A#b ^ck^cx^waz)!9cy i]z hzxdcyi]^c\ lvh&!axi]z DdgY lzgz id bv`z V X]d^XZWZilZZc bz VcY hdbzdcz l]d Y^Yc#i `cdl i]z DdgY&AldjaY ]dez i]z DdgY ldjay XVaabZ ]dbz VcY \^kz i]vi di]zg ezghdc bdgz i^bz id XdbZ id 9bVo^c\an& ^c [ja[^aabzci d[ i]z aviizghivizbzci& ild bzc#h a^kzh lzgz hevgzy WZXVjhZd[ <MUXDTXQ]%]UST_%WZQb_TM TQ A[]P bmz_qptq] _[ ]Q\]Q^QZ_ TQ] T`^NMZPR[] btm_tqbm^&m 8T]U^_UMZ P[UZS TU^ P`_d' E^X]VZa#h YZVi]) GcZ lvh i]z [dglvgy V^gXdcigdaaZghZci [gdb i]z ]ZVYfjVgiZgh id gzeavxz E^X]VZa Vi i]z jc^kzgh^in) L]Z di]zg lvh i]z ZmZXji^kZd[[^XZg d[ i]z WViiVa^dc&l]d ZhXdgiZY E^X]VZa#hWdYn]dbZ) L]dhZ ild bzc& WZXVjhZi]Zn lzgz cdi Vi i]z ]ZVYfjVgiZgh l]zc ^i lvh Wadlc je& a^kzy)9cy A#b egvn( ^c\ i]vi hdbzi]^c\ b^\]i XdbZ dji d[ ^i he^g^ijvaan[dg i]zb)?dy OVh ^c ;dcigda EVcn \ddy i]^c\h ]VkZ ]Ve( ezczy&wji VWdkZVcY WZndcY^i Vaa&AVb i]vc`[ja i]vi?dy ]VY gzvy^zybn ]ZVgi [dg l]vi lvh id XdbZ) Fdi dcan Y^YA]VkZ i]z VhhjgVcXZWZ[dgZ]VcY[gdb E^( X]VZa i]vi ]^h YZhi^cn lvh ^c?dy#h ]VcYh&Wji Vahdi]Z c^\]i WZ[dgZ]Z lvh `^aazy&a ]VY V gz[gzh]^c\ i^bz l^i] i]z DdgY) Me jci^a i]zc& A]VY WZZcb^hh( ^c\ bn gz\javg fj^zi i^bzh 9ahd& A ]VY WZZc higj\( \a^c\ cdi id WZ czgkdjh& Wji gvi]zg id l^i] bn a^[z) :ji i]vi c^\]i A]VY Vh`ZY i]z DdgY id iv`z dkzg V\V^c) Ddd`( ^c\ i^zy bz d[ Vcm^ZinVi i]vi i^bz hd i]vi AldjaY id jhz bz ^c i]z X^gXjbhiVcXZA lvh id [VXZ):n cvijgz&a#b Vh]n ezghdc&cdi V higdc\ ezghdc&wji i]z DdgY]ZaeZY bz id hezv` dji Vh A Y^YV[iZg id jhz hdbzdcz l]d lvh lzv` hd i]vi ZkZgndcZ ldjay `cdl i]vi ^i lvh i]z DdgYXdb( ^c\ i]gdj\]) a#b i]vc`[ja ldjay jhz bz ^c i]^h lvn) GcZ avhi edh^i^kz gzhjai i]vi ]Vh XdbZ dji d[ i]^h ^h A#kZXdbZ id gzva^ozbdgz ezghdcvaan i]vi i]^h a^[z ^h _jhi V eavxzlz#gz evhh^c\ i]gdj\]) Ai#h cdi djg gzva ]dbz) A iv`z Xdb[dgi ^c `cdl^c\ i]vi E^X]VZa ^h ^c djg gzva]dbz(]zvkzc(vcy A#aadc( an WZhZeVgViZY[gdb ]^b [dg V h]dgi l]^az) + <MUXDTXQ]XUaQ^UZ EQZ^MO[XM% ;X[]UPM%bU_T TQ] _b[ OTUXP]QZ% GM]MMZP7QZ' -1

16

17 N9DCAF? AKGLK EQNBW^NYWOIW\Y p &dcn 9WM \ZNZ [QN ZRUXTNPWZXNTJVM J LQJVPNM TRON' JdbZi^bZh i]^c\h VgZh^b( eazg i]vc lz i]^c`) Ai#h i]vi lvn l^i] djg izhi^( bdcn Vh;]g^hi^Vch id i]z ldgay VgdjcY jh) Ac H]^a^ee^Vch-5,0(,1& i]z 9edhiaZ HVjaZm]dgihjh5 Aida WZXdbZ WaVbZaZhhVcY ejgz&x]^aygzcd[?dy l^i]dji [Vjai ^cvxgdd`zyvcyyzegvkzy \ZcZgVi^dc&^c l]^x] ndj h]^cz a^`z hivgh ^c i]z jc^kzghz Vh ndj ]day dji i]z ldgy d[ a^[z &FAM'* O]Vi ]Z#h hvn^c\ ^h i]vi djg gz( hedch^w^a^in Vh ;]g^hi^vch ^h kzgn WVh^X5 id h]^cz Vh a^\]ih ^c i]z b^yhi d[ Vc ^cxgzvh^c\an YVg` ldgay Wn a^k^c\ ]dan a^kzh VcY id ]day dji i]z OdgY d[ a^[z(i]z \dheza d[ BZhjh ;]g^hi) OZ VgZZcigjhiZY l^i]?dy#h bzhhv\x(i]z bzhhv\z d[ hvakv( i^dc([dg i]x ]jbvc gvxz)o]vi ^h i]^h \dheza i]vi lz ]VkZ Wdi] i]x eg^k^az\xd[ VcY gzhedch^w^a^( in [dg XdckZn^c\ id i]dhz ^c i]z ldgay l]d VgZYn^c\8 :Vh^XVaan&^i ^h V kzgn h^beaz bzhhv\z&vcylz h]djay Vaàcdl ^i) Ai Xdch^hih d[ i]gzz ZhhXci^Va![VXih d[ a^[x!i]vi VgZi]Z edlzg d[?dy [dg i]x hvakvi^dcd[ bzc5 ))) i]vi ;]g^hi Y^ZY[dg djg h^ch VXXdgY^c\id i]z KXg^e( ijgzh& i]vi ]Z lvh Wjg^ZY& i]vi ]Z lvh gv^hzydc i]z i]^gy YVn VXXdgY^c\ id i]z KXg^eijgZh &- ;dg),05.(/ FAM'* Ac i]x b^yhi d[ bjx] iva` VWdji ]jbvc g^\]ih& ezg]veh i]z bdhi ^bedgivci& az\^i^bviz g^\]i XkXgnbVc h]djay ]VkZ ^hid ]ZVg F=NNAF= i]dhz i]gzz h^beaz e]gvhzh) Kd ^bedgivci ^h i]^h \dheza i]vi l]zc ^i ]Vh WZZcegZhZciZY^c Vaa i]z ldgay hd VaabZc ]VkZ ]VY Vc deedgijc^in id ]ZVg ^i XaZVgan& i]zc i]z ZcY d[ i]^h V\Z l^aa XdbZ $hzzevii]zl -/5,/%) Ld( YVn bvcn ezdeaz ^c i]z ldgay hi^aa]vkz cdi ]ZVgY)OZ czzyid izaai]zb) HVja `czl i]z edlzg d[?dy lvh ^c i]z \dheza) Fdi]^c\ ^c i]z jc^kzghz ^hhigdc\zg&vcy cdi]^c\ XVcjai^bViZan l^i]hivcy ^i) L]Z?gZZ` ldgy jhzy [dg \[bq] ^c i]^h hxg^eijgz ^h i]z gddi [dgb d[ i]z =c\a^h] ldgy PdZMYU_Q' L]jh& i]z \dheza ^h i]z!yncv( b^iz! dg!vidb^x WdbW! d[?dy [dg i]z hvakvi^dcd[ bzc) L]Z YZk^a Y^Y cdi a^`z i]z edlzg i]vi lvh gzazvhzyv\v^chi ]^b i]gdj\] HVja#h Xdc[Zhh^dc VcY l^iczhh& hd ]Z hdj\]i id ^c( i^b^yviz HVja&ign^c\ Xdci^cjVaan id bv`z ]^b V[gV^Ydg Vh]VbZYid egzvx] i]z \dheza) HVja [dj\]i i]z hvbz [^\]ih lz [VXZidYVn) KViVc hzz`h id ^ci^b^yviz ;]g^h( i^vch ^c kvg^djh lvnh VcY id XVjhZ jh id Vedad\^oZ [dg i]z \dheza) J^Y^Xja^c\ ;]g^hi^vch GcZ d[ KViVc#hhX]ZbZh ^h id XVjhZjh id WZVh]VbZY d[ l]vi?dy ]Vh YdcZ ^c djg a^kzh)@z ldg`h id bv`z jh add` [dda^h] [dg l]vi lz WZa^ZkZ) 9bdc\ ]^h HVja CcZl i]z HdlZg iddah VgZi]Z ]jbvc^hih VgdjcY O]Zc Ai]^c` d[ hdbzdcz l]d jh l]d ldjay ]VkZ jh WZa^ZkZ lz lvh kzgn Z[[ZXi^kZ^c egzhzci^c\ VgZ cv^kz VcY djg Xdck^Xi^dch i]z \dheza& A i]^c` d[ VgZbZgZ [V^gniVaZh)A`cdl i]vi lvh V\^[iZY&XVeVWaZ& VcYaZVgcZY ZmeZg^ZcXZdcan idd lzaa) bvc l]d `Zei i]z \dheza ^UY\XQ% Ac i]z ZVganhZkZci^Zh&WZ[dgZ VcY ^c hd Yd^c\& i]z edlzg d[ AlVh V ;]g^hi^vc& AiVj\]i ehn(?dy lvh gzazvhzyi]gdj\] ]^h X]dad\n Vi V jc^kzgh^in&vcy dcz ldgyh) HVja hv^y ^c JdbVch d[ bn [Vkdg^iZeVhi^bZh lvh g^y^(,5,15 Xja^c\ ;]g^hi^vch) AXXaVhhWZ( XVbZWdg^c\&AldjaY e^x` dc i]z AVb cdi Vh]VbZY d[ i]z \dh( ;]g^hi^vch&ign^c\ id bv`z i]zb eza&wzxvjhz^i ^h i]z edlzg d[ add` h^aan[dg l]vi i]zn WZa^ZkZY)?dY [dg i]z hvakvi^dc d[ McYZg i]vi `^cy d[ egzhhjgz& ZkZgndcZ l]d WZa^ZkZh5[^ghi bdhi d[ i]zb ldjay WZ\^c id [dg i]z BZl& i]zc [dg i]z?zc( WVX Ỳdlc VcY VXiVedad\Zi^XVa( i^az$fan%) an) L]Zn lzgz eda^iz VcY ig^zyid VeeZVg hzch^waz^c YZ[ZchZ d[ i]z^g WZa^Z[h&Wji A Yd cdi gzbzbwzg Vcn d[ i]zb VXijVaan egzhzci^c\ i]z h^beaz igji]h d[ i]z \dheza) GcZ YVnbn ndjc\zg Wgdi]Zg& l]d ]VY _jhi [^c^h]zy ]^\] hx]dda&xvbz id k^h^i bz ^c =Vhi DVch^c\& ]VY Va( lvnh WZZci]Z hdgi d[ \jn l]d ]VY V `cvx` [dg \Zii^c\ ^cid igdjwaz):ji ]Z VcYhdbZ [g^zcyh ]VY _jhi gzijgczy [gdb >adg^yv l]zgz& i]gdj\] V\gdje d[ BZhjh ezdeaz& ]Z ]VY ZcXdjciZgZY X]Vc\ZY gvy^xvaan dkzgc^\]i) O]Zc ]Z XVbZ id k^h^i&]z h]vgzyi]z \dheza l^i] bz ^c V,2

18 h^beaz& ]dczhi lvn(i]z WVh^X [VXih5;]g^hi Y^ZY[dg bn h^ch VX( XdgY^c\ id i]z KXg^eijgZh&lVh Wjg^ZY&VcY gdhz V\V^c [gdb i]z YZVY VXXdgY^c\ id i]z KXg^e( ijgzh) $OZ bjhi cdi [dg\zi i]vi i]zhz \dheza [VXihVgZbdgZ i]vc ^cizaazxijva dg e]^adhde]^xvaigji]h6 i]zn VgZIJSTPRJDBM [VXih)% McYZg?dY#h L]jbW L]Z dcan gzvhdc A egzizcyzy id a^hizc id bn Wgdi]Zg lvh WZ( XVjhZ AWZa^ZkZY^c i]z g^\]i d[ ZkZgn ^cy^k^yjvaid WZ]ZVgY&cd bviizg ]dl XgVon]^h k^zlh) 9h jhjva& AViiVX`ZYkVg^djh hiviz( bzcih ]Z bvyz ^c ZmegZhh^c\]^h WZa^Z[h& edh^c\ hzkzgvafjzhi^dch -4 ; <[V Pag C`ai7 A m VcY ]nedi]zi^xva h^ijvi^dch id hijbe ]^b) :ji ]Z _jhi hv^yi]vi ]Z ]dczhian Y^Yc#i`cdl Vaai]Z VchlZgh id i]zhz fjzhi^dch A gv^hzy&cdg ]dl?dy lvh \d^c\ id ldg` dji V adi d[ i]zhz Xdc( XZgch)L]Z l]daz i]^c\ hzzbzy [dda^h] id bz&vcy l]zc ]Z [^cva( an lzci VlVn&Ai]dj\]i cdi]^c\ [jgi]zg d[ djg XdckZghVi^dc) A Y^hb^hhZY ^i ZVh^an&i]^c`^c\ A ]VY WZZci]Z ^cizaazxijvak^xidg) :ji A lvh czkzg fj^iz i]z hvbz V[iZg bn Wgdi]Zg h]vgzy i]vi h^beaz \dheza l^i] bz)?dy eji bz AWZ\Vc [ZZa^c\deedhZYVcYi]lVgiZY ^c V lvn i]vi hzzbzy WZndcY bzgz Xd^cX^YZcXZ& Vh ^[?dy lzgz ign( (7JEYPU L*MPWTIBT TIFRFJ'"MB WFBMMI PGTFBDIJ*MHNBTFRJBM WBJMJ*MH GPRYPU/ GXXVh^dcVaan& l]zc hdbzdcz Vh`h id WZVYYZYid djg bv^a( ^c\ a^hi&lz l^aa hzcy ]^b V [Zl WVX`^hhjZh d[ i]z bv\vo^cz id!xvix] ]^b je! dc ide^xh XdkZgZY^c evhi bdci]h) Lgji][jaan& ^[ lz XdjaY hzcy Zcdj\] id XViX] je Vaad[ djg gzvyzghdc ZkZgni]^c\ lz ]VkZ ejwa^h]zydkzg i]z evhi [djgizzc nzvgh&lz ldjay Yd ^i) G[ XdjghZ&i]Vi#h ^bedhh^waz&wji ^i ldjay WZ igzbzcydjh [dg ndj WZXVjhZdkZg i]z nzvgh lz ]VkZ XVgg^ZY hdbz avcybvg` izvx]^c\h(xavhh^xbzhhv\zh hjx] Vh=gc :Vm( izg#h!d^[z dc O^c\h! $]^h [Vbdjh ZV\aZhZgbdc% VcY [djcyv( i^dcva ldg`p [gdb di]zg izvx]zghgz\javgan [ZVijgZY ^c CQb KUH(Q' :ZXVjhZ bvcn d[ ndj VgZgZaVi^kZancZl id i]z AciZ\g^in ;dbbjc^xvi^dch [Vb^an&ndj bvn ]VkZ b^hhzy bvcn d[ i]zhz e^kdiva Vgi^XaZh&Wdd`h&VcY ivezh i]vi ]VkZ egd[djcyan ^c( [ajzcxzy i]z Y^gZXi^dcd[ i]^h b^c^hign) :ji cdl i]z \ddy czlh(vaa d[ i]^h bvizg^va^h hi^aadc ]VcY&VcY ^i#hvkv^avwaz id ndj) L]ZhZ XaVhh^Xh& lzaa Vh ZmX^i^c\cZl ivezh VcY Wdd`h& VgZ[ZVijgZY ^c djg,43/ XViVad\) Qdj bvn ]VkZ VagZVYngZXZ^kZYVXden d[ i]z XViVad\^c i]z bv^a) A[ndj ]VkZc#i&lg^iZ jh Vi H)G) :dm R&EdW^aZ&9aVWVbV.11,1& VcY lz#aa WZ\aVY id hzcy ndj dcz) OZ lvci id bv`z hjgz i]vi ndj Ydc#i b^hh i]zhz a^[z(x]vc\^c\ bzhhv\zh&vcy lz i]dj\]i ndj#y a^`z id `cdl) + ^c\ id \Zi bn ViiZci^dc VcYh]dl bz bn czzy^c a^[z)en \^ga[g^zcy& EVgn $l]d avizg WZXVbZbn l^[z%&vcy A[djcY djghzakzh \Zi( i^c\ ZmigZbZan [gjhigvizy l^i] djg a^kzh) G[iZc A ldjay i]^c` d[ bn Wgdi]Zg&^cZk^iVWane^Xijg^c\ ]^b l^i] ]^h ezvxz[ja add`& gzvy^c\ ]^h :^WaZ ^c V hiviz d[ XdciZci( bzci VcY Xdc[^YZciVhhjgVcXZ)A gzhzcizy]^b [dg WZ^c\ hd ]Veen l]^az AlVh WZXdb^c\ ^cxgz!vh^c\( an Y^higVj\]i) EdgZ VcY bdgz A WZXVbZXdck^cXZYi]Vi l]vizkzg ]Z ]VY lvh gzva) >^cvaan&dcz c^\]i l]zc Zm( igzbz [gjhigvi^dch [dgxzybz dji [dg V lva` ^c i]z YVg`cZhh&A Xg^ZYdji5!?dY& A Yd cdi ZkZc `cdl l]d Qdj VgZ)En Wgdi]Zg hvnh i]vi i]z dcan lvn id Qdj ^h i]gdj\] BZhjh ;]g^hi) A Yd cdi jcyzghivcy i]vi6 Wji ^[ BZhjh ;]g^hi ^h Qdjg Kdc&gZkZVa@^b id bz& VcY A l^aa hzgkz@^b Vh DdgY)! O^i]^c Vbdci]&?dY VchlZgZY i]vi [ZZWaZegVnZgd[ [gjhigvi^dc) Gc V YVgZ&A]VY \dcz id V a^iiaz HZciZXdhiVa X]jgX] i]vi XdjaY cdi ]VkZ WZZcbdgZ XjaijgVaan VcY hdx^vaanjcveezva^c\ id bz) A Yd cdi gzbzbwzg l]vi i]z egzvx]zghv^yzmxzei[dg i]z avhi hzcizcxz5!<dzh VcndcZ ]ZgZ lvci id `cdl BZhjh Wni]Z Lgji] O]Vi ]VY XVeijgZYbn ViiZc( i^dc Vi i]vi hzgk^xzlvh i]z kzgn gzvaegzhzcxzvcy edlzg d[?dy) Ai lvh hd higdc\ ^c i]z bzzi^c\ eavxzi]vi A lvh VeegZ]Zch^kZ VWdji azvk^c\&[dg [ZVgd[ a^izgva( an WZ^c\`cdX`ZY Ydlc) KjYYZc( an AgZVa^oZYA `czl ild i]^c\h l^i]dji `cdl^c\ ZmVXian]dl A `czl i]zb5 i]vi BZhjh lvh i]z Kdc d[?dy VcY ]VY Y^ZY[dg bn h^ch&vcy i]vi i]z :^WaZlVh i]z OdgY d[?dy) AciZaaZXijVaan&cd dcz ]VY ZkZg Xdck^cXZYbZ d[ i]zhz igji]h) A `czl i]vi A czzyzyid gz( hedcy ^c hdbz lvn g^\]i i]zc) A i]dj\]i ^[ AY^Ycdi& AldjaY a^kz Va^Zi]Z gzhi d[ bn a^[zvcyb^\]i B9FL9IP -540

19 czkzg V\V^c ]VkZ i]z deedgijc^( in id gzhedcy) Kd&id ZkZgndcZ#h VbVoZbZci&Aa^[iZYbn ]VcY VcY lva`zy [dglvgy) HZdeaZ\Vi]ZgZY VgdjcY bz VcY egvnzyvh A`cZai Vi i]z VaiVg)?dY&h]dl^c\ bz A czzyzyid ijgc [gdb bn lvn d[ a^[z&[addyzybz l^i] V hzchz hvk^c\ \gvxz&vcy A ]VY V kzgn gzvavlvgzczhh d[ WZ( ^c\ V!cZl XgZVijgZ)! AbbZY^( ViZan&l]Vi BZhjh Y^Y[dg bz dc i]z XgdhhWZXVbZV gzva^in&vh ^[ ^i ]VY ]VeeZcZY i]vi YVn) L]Z h^beaz igji] d[ i]z \dheza ]^i bz [jaa [dgxz(a^`z YncVb^iZ) DViZg&A [djcy bn h^ijvi^dc YZhXg^WZY ezg[zxian^c i]z :^WaZ5 >dg i]z bzhhv\z d[ i]z Xgdhh ^h[dda^h]czhh id i]dhz l]d VgZ ezg^h]^c\& Wji id jh l]d VgZ WZ^c\ hvkzy^i ^h i]z edlzg d[?dy $, ;dg),5,3 FAN%)?dY ;]dhz i]z >dda^h] O]Vi ^h ^i VWdji?dY i]vi Ve( ezvgh id WZ![dda^h]!8 Ai ^h i]z Xgdhh)O]Zc BZhjh VaadlZY ]^b( hza[ Vh?dY ^cxvgcvizid \d id i]z Xgdhh&]Z add`zy [dda^h] VcY lzv`) =kzc i]z YZk^a ]^bhza[ i]dj\]i ]Z ]VY ldc i]z [^\]i VcY i]vi YVg`cZhh ]VY eji dji i]z a^\]i) D^iiaZY^Y]Z `cdl i]vi ^c i]vi ]djg d[ lzv`czhh&?dy lvh ezg[zxi^c\ higzc\i] [dg i]z hvakvi^dcd[ bvcn) ;2D@?dY X]dhZi]Z [dda^h] i]^c\h d[ i]z ldgay id h]vbz i]z l^hz6?dy X]dhZ i]z lzv` i]^c\h d[ i]z ldgay id h]vbz i]z X]dhZ i]z adlan i]^c\h d[ i]^h ldgay VcY i]z YZhe^hZY i]^c\h(vcy i]z i]^c\h i]vi VgZcdi(id cjaa^[n i]z i]^c\h i]vi VgZ&hd i]vi cd dcz bvn WdVhiWZ[dgZ]^b& Ai ^hwzxvjhz d[ ]^b i]vi ndj VgZ^c ;]g^hi BZhjh&l]d ]Vh WZXdbZ[dg jh l^hydb [gdb?dy(i]vi ^h& djg g^\]izdjhczhh& ]da^czhh VcY gzyzbei^dc) L]ZgZ[dgZ&Vh ^i ^h lg^iizc5!dzi ]^b l]d WdVhihWdVhi^c i]z DdgY)! O]Zc AXVbZid ndj& Wgdi]Zgh& AY^Ycdi XdbZ l^i] ZadfjZcXZ dg hjezg^dg l^hydb Vh A egd( XaV^bZYid ndj i]z izhi^bdcn VWdji?dY) >dg A gzhdakzyid `cdl cdi]^c\ l]^az AlVh l^i] ndj ZmXZeiBZhjh ;]g^hi VcY ]^b XgjX^[^ZY) AXVbZid ndj ^c lzv`czhh VcY [ZVg&VcY l^i] bjx] igzbwa^c\) En bzhhv\z VcY bn egzvx]^c\ lzgz cdi l^i] l^hz VcY ezghjvh^kz ldgyh&wji l^i] V YZbdchigV( i^dc d[ i]z Ke^g^i#hedlZg& hd i]vi ndjg [V^i] b^\]i cdi gzhi dc bzc#h l^hydb& Wji dc?dy#h edlzg &- ;dg),5-2(-50 FAN%) CZZe AfK^beaZ O]Vi A hzz ^c i]vi evhhv\z VcY ^c bn ZmeZg^ZcXZ^h i]vi Vh :<;@5 lz hzz` id [ja[^aadjg dwa^\vi^dcid l^iczhh& lz bjhi cdi Zbein i]z Xgdhhd[ ^ih edlzg $hzz, ;dg^c( i]^vch,5,2% Wn \Zii^c\ dkzgan hde]^hi^xvizydg Xdbea^XViZY) Ke^g^iYdZhcdi ZcVWaZbdhi d[ jh id YdZh\^kZ jh i]z edlzg id WZ@^h bu_zq^^q^'ac V Xdjgi d[ avl& V l^iczhh izhi^[^zh[zxd id l]vi ]Z ]Vh hzzc VcY ]ZVgY6]Z YdZhcdi d[[zg i]zdgzi^xvazmeavcvi^dch) BZhjh iday i]z Y^hX^eaZhi]Zn ldjay gzxz^kzedlzg i]gdj\] Ke^g^iid WZ@^h bu_zq^^q^% ZkZc id i]z ZcYhd[ i]z ZVgi] $hzz 9Xih,53%)OZ bjhi cdi \Zi idd hnhizbvi^ozydg XaZkZgVWdjih]Vg( ^c\ i]z \dheza&wzxvjhz^[ lz Yd& lz l^aa gdw^i d[ ^ih edlzg) L]Z WZhiegd\gVb [dg ZkVc\Za^hb ^h Ke^g^i ldg`^c\ ^c VcY i]gdj\] ]jbvc kzhhzah)oz bvn WZ!i]Z hbzaa d[ YZVi]! ^chizvy d[!i]z [gv\gvcxzd[ a^[z! $hzz- ;dg^ci]^vch -5,/(,1% id hdbz lz h]vgz i]z \dheza l^i]& nzi dcxz lz ]VkZ egzhzcizy i]z gzva^ind[ i]z Ke^g^iiV`Zh dkzg Vh i]z!]djcy d[ ]ZVkZc! id Wg^c\ Xdck^Xi^dc) OZ Yd cdi ]VkZ id YZiZgb^cZ i]z gzhjaih) L]Zn VgZje id?dy) Gjg gzhedc( h^w^a^in^h id l^iczhh( Zh(id gzazvhzi]z YncVb^XedlZg d[ i]z \dheza ^c djg izhi^bdcn) Ke^g^i bv`zh djg l^iczhh XgZY^WaZWn i]z czl a^[z WZ]^cY ^i&vcy lz!h]^cz a^`z hivgh&&&vh SlZU ]day dji i]z ldgy d[ a^[z! $H]^a)-5,0(,1 FAN%) >dg bn Wgdi]Zg#hWdaYVcY ]dc( Zhi l^iczhh VcY i]z ^aajb^cvi^dc V X]Vc\ZY a^[zwgdj\]i id bz&6 buxxnqq_q]zmxxd S]M_QR`X' + :at Eg_XadV)fZW _S` S`V Z[e _[`[efdk* FWjf _a`fz* FWi N[`W [`fwd) h[wie :at( S`V ZWeZSdWe( Xda_S bda) (*%%*%%*6!666R%%!6- *(*"'*"* bzwf[uh[wiba[`f* izsf ZWeWWe?aV.*( F!l O^&))) Va[`Y [` fzwtavk ax;zd[ef* %%%%%%%%** NZW` <Sh[V S`V Ba`SfZS` _SVW S UahW`S`f i[fz WSUZ afzwd(fzwkiwdw^[h[`y[` S eau[wfkfzsf g`vwdefaavfzwfdgw `SfgdW ax UahW`S`f* =d` :SjfWd WjS_[`We <Sh[V S`V Ba`SfZS`%edW^Sf[a`eZ[bS`V Wjb^S[`eZai iw US` ef[^^tw_w` GXUahW`S`f favsk* ;ZSd^We;a^ea`( bdwe[vw`fax Hd[ea`>W^^aieZ[b(eZSdWeZ[e[`) e[yzfea` fzwdweba`e[t[^[f[we iw ;Zd[ef[S`e ZShWfa agd eau[wfk Se U[f[lW`e[` fzwza^k`sf[a`)fzw ][`YVa_ ax?av* 9^^[` fzw>wtdgsdkfwi N[`W M R[]YQ] `ZU& aq]^u_d\^dot[x[sd UZ^_]`O_[] bt[^q O[ZaQ]^U[Z_[ 8T]U^_UMZU_d XQPTUYUZ_[MYUZU^_]d_TM_QaQZ& _`MXXdNQOMYQCQb 8[aQZMZ_ 8T]U^_UMZ8T`]OT UZ:M^_ AMZ^& UZS%BUOTUSMZ':]UW O`]]QZ_Xd _]MaQX^Qc_QZ^UaQXd UZ YUZU^_]d _T][`ST[` TQ IZU_QP G_M_Q^ MZPM][`ZP _TQb[]XP' F=N NAF= -5

20 * q

21 G>?G< D\Y]R]JT R UP7I V` 9WM ZXJYNMVWURYJLTNZRVO\TORTTRVP [QRZOJURT`#Z MNZ[RV`' Ddd`^c\WVX`dkZgbn [Vb( ^an#hevhi&axdch^yzgi]z [VXii]Vi AZm^hiVb^gVXaZ) AWZ[b?dY ]Vh VheZX^[^XYZhi^cn VcY ejgedhz [dg bn a^[zwzxvjhz WZ[dgZAlVh Wdgc&@ZheVgZYbn evgzcih [gdb XZgiV^c YZVi] bvcn i^bzh Vh i]zn a^kzy i]gdj\] i]z ]dggdg d[?zgbvcn L]Z igdj( WaZ?dY lzci id [dg bn [Vb^an VbVoZh bz ZkZgni^bZ Ai]^c` d[ [f**** 9ggVc\^c\ [dg bn evgzcih id WZbVgg^ZYlVh i]z [^ghidwhivxaz?dy ]VY id iv`z XVgZd[6 Xdc( F=N NAF= h^yzg^c\ i]z XdcigVhi ^c i]z^g evgzcih&i]zn lzgz jca^`zan XVc( Y^YViZh[dg bvgg^v\z) En evizg( cva \gvcy[vi]zg XVbZ [gdb V BZl^h] ]dbz Wji bvgg^zy V ;]g^hi^vc ldbvc(v Dji]ZgVc) 9ai]dj\] ]Z gzbv^czy YZkdiZY id ]^h BZl^h] [V^i]&bn \gvcy( [Vi]Zg VaadlZY bn \gvcybdi]zg id gv^hzi]z^g X]^aYgZc ^c i]z Dji]ZgVc ;]jgx]) Gc i]z di]zg h^yz&bn bvizgcva \gvcy[vi]zg lvh Vc V\cdhi^X l]d lvh eda^i^( l^[z& ]dlzkzg& lvh V Dji]ZgVc l]d [djcy \gzvi Xdb[dgi ^c ]Zg [V^i] Yjg^c\ i]z^g igdjwazybvg( g^v\zvcy Y^kdgXZ) <Zhe^iZ dw_zxi^dch[gdb i]z^g VWhdajiZandeedhZY [Vi]Zgh&bn evgzcih bvgg^zy ^c,4/-) 9a( i]dj\] i]zn lzgz kzgn ndjc\& i]z^g [V^i] ^c?dy VcY ^c i]z [jijgz ]ZaeZY i]zb ^c i]z^g higj\\az [dg hjgk^kva)l]z^g bvg( g^v\z idd` eavxzvi i]z VeZmd[ i]z gz^\c i]z FVo^ evgin& l]^x] ]VY WZZcdc i]z g^hzh^cxzi]z ZVgani]^gi^Zh l]zc bn evgzcih lzgz X]^aYgZc)L]Z hl^c\ id FVo^hb ]VY WZ\jc l^i] i]z igzvin Vi NZghV^aaZh& l]^x]?zgbvcn ]VY WZZc [dgxzy id h^\c ^c,4,4 V[iZgi]Z^g YZ[ZVi^c OdgaY OVg A*Ac i]z edhilvg ezg^dy&l^i] i]z adhh d[ bjx] avcy& cvijgva gzhdjgxzh&vcy bdczn&?zgbvcn hvl izgg^waz^c( [avi^dc&jczbeadnbzci& VcY ed( a^i^xvax]vdh&vcy VhVgZhjai&i]Z?ZgbVch ]VY adhi i]z^g hzchz d[ jc^in) L]Zn ]VY WZXdbZg^eZ[dg V czl azvyzg) EVcn ndjc\ezdeaz Vi i]vi i^bz lzgz bzhbzg^ozy d[?zgbvc gz( k^kvavcyhjezg^dg^in)@zwddhizy i]z^g Z\dh VcY bdgvazh l^i] ]^h iva` d[ [jijgz k^xidgn VcY jai^bviz edlzg) EVcn Y^Y cdi gzxd\c^ozi]z Zk^a^c ]^b6 di]zgh hvl i]z Zk^a&Wji l^aa^c\an dkzg( add`zy ^i& ]de^c\ id hzz?zg( bvcn h]^cz dcxzv\v^c) [j]gzg) GeedcZcih FV( o^hb a^kzy^c [ZVg)L]Z i]gzvi d[ i]z \ZhiVed ^c[^aigvizy ZkZgn ]dbz& ZkZgn gzavi^dch]^e) Ac[dg( bvcih k^davizy [Vb^an i^zh& WdcYh d[ bvgg^v\z&vcy [g^zcy( h]^eh& gzedgi^c\ hjhe^x^dch d[ cdcxdc[dgbvcxz id FVo^ \j^yz( a^czh)ezvcl]^az&?zgbvcn#h V\( \gzhh^kz ViiVX` dc cz^\]wdg^c\ cvi^dch lvh ^c [jaa hl^c\& VhlZaa Vh ^ih ^ch^y^djh lvg dc b^aa^dch d[ BZlh& HgdiZhiVcih&;Vi]da^Xh& Y^hh^YZcih&VcY i]z ZaYZgan&h^X`& VcY YZeZcYZci) Ac i]z b^yhi d[ i]vi Vl[ja Xa^(.-

22 bviz&bn evgzci#hbvgg^v\zlvh WaZhhZYWn?dY&VcYYjg^c\ i]dhz ijgwjazci i^bzh&bn dayzhiwgdi]( Zg lvh Wdgc):ji ^c i]z hjbbzg d[,4//& bn [Vi]Zg VcY di]zg ]Va[(BZlh lzgz hzci id V [dgxzy( avwdgxvbe&vcy bn \gvcy[vi]zg lvh ^beg^hdczy ^c V XdcXZcigV( i^dc XVbe) L]Z \ZhiVed ]VY ^\) cdgzy i]zb jci^a i]vi i^bz WZXVjhZd[ i]z cdc)b Zlh ^c i]z [Vb^an) K]dgian V[iZg bn [Vi]Zg lvh iv`zc& bn hzxdcy Wgdi]Zg lvh Wdgc):n?dY#h \gvxz&bn [Vi]Zg lvh VaadlZY id hzz]^h l^[z VcY ild hdch Wg^Z[anWZ[dgZ i]zn lzgz hzevgvizyv\v^c(i]^h i^bz Wni]Z lvg) 9h i]z Jjhh^Vc Vgbn VYkVcXZY ^c,4/0& X^i^ZhVcY idlch ^c ZVhi) Zgc?ZgbVcn lzgz WZ^c\ ZkVX( jvizy) En bdi]zg VcY ]Zg ild ^c[vcih&vadc\ l^i] ]jcygzyh d[ i]djhvcyh d[ di]zg X^k^a^Vch& ]VY id azvkzi]z^g ]dbz VcY_d^c i]z ZkZg(\gdl^c\ cjbwzg d[ gz[j( \ZZh) En bdi]zg lzci id ]Zg!! evgzcih# ]dbz ^c XZcigVa?Zg( bvcn& Wji ZkZc i]^h VgZV&l]^X] ]VY egzk^djhan WZZcheVgZY[gdb bv_dg VZg^VaViiVX`&lVh WZ^c\ hnhizbvi^xvaanyzhigdnzy):dbw( Zgh ldjay \d je VcY Ydlc i]z higzzih ZVX] YVn i^aa hjcydlc& VcY i]zc Vi YVlc i]z czmi YVn& ldjay e^x` je Vi i]z ZmVXied^ci l]zgz i]zn ]VY hideezy) :ji hdbz]dl& Vi i]z ZcY d[ V Xja(YZ( hvxl]zgz i]z \gdjcy Y^eeZY V a^iiaz&i]z WdbWZghb^hhZY bn \gvcyevgzci#h ]djhz) L]Z \gdjcy igddeh i]vi evigdaazy add`zy je VcY Ydlc i]z h^yz higzzih X]ZX`^c\ [dg hjgk^kdgh& Wji i]z ]djhz lvh cdi k^h^waz [gdb i]z^g kvciv\z ed^ci) Kd bn bdi]zg VcY \gvcyevgzcih ZhXVeZY YZiZXi^dc l]^az Vaa VgdjcY i]zb ]djhzh XgjbWaZY VcY WjgcZY) L]Z ]VcY d[?dy lvh dc i]zb) :n EVn,4/0& i]z lvg ]VY [^( cvaan ZcYZY&Wji i]z izggdg lvh hi^aai]zgz) Jjhh^Vc igddeh WZ\Vc i]z^g dxxjevi^dc d[?zgbvc izg( g^idgn) AflVh V i^bz d[ jcx]va( azc\zy VigdX^i^ZhV\V^chi ]ZaeaZhh ldbzc VcYX]^aYgZc&VcYbn [Vb( ^angzbv^czy^c ]^Y^c\) En bdi]zg higdc\an WZa^ZkZY i]vi bn [Vi]Zg ]VY Vahdhjgk^kZY VcY ldjay WZign^c\ ^c kv^c id [^cy ]^h [Vb^an Vi l]vi jhzy id WZi]Z^g ]dbz) Fdi [jaan gzva^o( ^c\ i]z YVc\Zgh&Wji Yg^kZc Wn adkz VcY ]dez& bn bdi]zg az[i ]Zg ild X]^aYgZc^c i]z XVgZd[ ]Zg evgzcih VcY _djgcznzy id [^cy bn [Vi]Zg ^c i]z^g ]dbz( idlc) <gzhhzyvhvbvc id Vkd^Y i]z ViiZci^dc d[ i]z Jjhh^Vc hda( Y^Zgh&h]Z ]^`ZY VcY gdyz^c XdVa XVghdc [gz^\]i igv^ch):ji l]zc h]z Vgg^kZYVi i]z YZhigdnZY idlc& h]z [djcy dcan Y^hVeed^ci( bzci) Fd dcz `czl bn [Vi]Zg#h l]zgzvwdj ih)?dy hvl ]Zg hv[zanwvx`id l]zgz ]Zg evgzcih VcY X]^aYgZc lzgz& VcY i]zgz h]z XdaaVehZY [gdb e]nh^xva Zm]Vjhi^dc VcY Zbdi^dcVa igvjbv) >dg lzz`h bn \gvcybdi]zg higj\\azy id `ZZe ]Zg VcY i]z X]^aYgZcVa^kZ dc WZ\\ZY [ddy i]vi hdbzi^bzh lvh cdi]^c\ bdgz i]vc edividzh VcY lvizg) L]Z ndjc\zg d[ bn ild Wgdi]ZghlVh kzgn h^x`&vcy WZ[dgZbn bdi]zg lvh [jaan gz( XdkZgZY]ZghZa[&h]Z idd` ]^b id V \dkzgcbzci hj\( \ZhiZY i]vi i]z X]^aYWZaZ[i id Y^ZWZXVjhZ&^c ]^h de^c^dc& ]Z ]VY cd X]VcXZ[dg VYk^XZdcan bvyz bn bdi]zg bdgz YZiZgb^cZYid hjgk^kz&vcy?dy hevgzyi]zb Vaa) 9h lvh azvgczybjx] avizg& i]z DdgY]VY VahdegdiZXiZYbn [Vi]Zg) Ac ZVgan,4/0& ]Z&Vadc\ l^i] bvcn di]zgh d[ BZl^h] YZ( hxzci&lvh iv`zc eg^hdczgwni]z Jjhh^Vc Vgbn) McYZg ]ZVkn \jvgy& ]Z lvh igvchedgizy Wn XViiaZ XVghid Jjhh^V) KiVgkV( i^dc&h^x`czhh&vcy YZheV^ggVkZ V\ZY i]z eg^hdc XVbe ]Z lvh ^c) L]Z cjbwzg d[ bzc i]zgz YgdeeZY [gdb ZaZkZc]jcYgZY id h^m]jc( YgZYl^i]^c V [Zl bdci]h) E^( gvxjadjhan&bn [Vi]Zg hjgk^kzy VcY lvh Vbdc\ V \gdje d[ h^x` eg^hdczghhzci WVXìd?ZgbVcn) B9FL9IM -540

23 Edhi d[ i]z bzc Y^Y cdi a^kz i]gdj\] i]z idgijdjh XdcY^i^dch d[ i]z ig^e) L]Z [Zl hjgk^kdgh&^c( XajY^c\ bn [Vi]Zg&lZgZ gzazvhzy jedc Vgg^kVa) En [Vi]Zg bvyz ]^h lvn ^cid i]z lzhizgc evgi d[ :Zga^c&l]^X] lvh dxxje^zy Wn :g^i^h] VcY M)K)[dgXZh)L]ZgZ ]Z hivgizy]^h hzvgx][dg ]^h [dg i]z Mc^iZYKiViZhVhVc ^cizg( egzizg VcY V[iZghdbZ i^bz bvc( V\ZY id azvgci]vi ]^h l^[z VcY X]^aYgZclZgZ a^k^c\ ^c i]z ZVhi( Zgc odcz) L]Z X^inVcY i]z Xdjc( ign ]VY WZZcXVgkZY^cid bvcn hzxidghvcy evhhv\z ^cid dg dji d[ i]zhz gzhig^xizyvgzvhlvh Vabdhi ^bedhh^waz)gcz d[ i]z d[( [^XZgh^c i]z dxxjevi^dc [dgxz WZ[g^ZcYZYbn [Vi]Zg VcY bvyz igzbzcydjh Z[[dgih id ]Zae ]^b ^c ]^h YZheZgViZhZVgX][dg ]^h cdi dcan adxvizybn bdi]zg VcY Xdbbjc^XViZY l^i] ]Zg Wji Vahd VggVc\ZY id ]VkZ )^h ]Zg VcY bn ild Wgdi]Zgh igvch( )p edgizy hv[zan^cid i]z M)K) hzx( p idg d[ :Zga^c) 9\V^c& i]z ]VcY d[ p?dy lvh jedc i]zb& ZcVWa^c\ i]zb id hjgk^kz VcY gzjc^iz [dg ]Zae^c\ bn [Vi]Zg [^cy V_dW) V\V^chi igzbzcydjh dyyh) GcXZ >dg i]z czmi izc nzvgh lz i]zn lzgz gzjc^izy&bn [Vi]Zg#h a^kzy^c ;]^XV\d) 9Y_jhi^c\ id V k^h^dc ijgczy idlvgy Zb^\gVi^dc a^[zd[ [gzzydb ^c djg czl Xdjc( id i]z Mc^iZYKiViZh) ign& i]dj\] Y^[[^Xjai Vi i^bzh& lvh V _dn) Gjg [g^zcyhvcy VX( i^k^i^zh gzkdakzy VgdjcY djg Ac,4/2) bn bdi]z& Wd! Vcdi]Zg hdc&vcy ^c,40,& ^c i]z b^yhi d[ i]z^g Zb^\gVi^dc egdxz( YjgZh& A lvh Wdgc) :Z[dgZ lz XdjaYaZVkZ?ZgbVcn& lz czzyzy V hedchdg ^c i]z Mc^iZY KiViZh l]d ldjay iv`z gzhedch^w^a^in[dg jh) L]gdj\] i]z ;]jgx] OdgaY KZgk^XZdg\Vc^oVi^dc lz lzgz bvix]zy l^i] V hedchdg ^c G]^d VcY lzgz [^cvaan ezgb^iizy id azvkz^c FdkZbWZg d[,40,) :ji jedc Vgg^kVaVi FZl Qdg`& bn evgzcih Y^hXdkZgZYi]Vi djg dg^\^( cvahedchdg ]VY YgdeeZYdjia?dY& ]dlzkzg& ]VY V hezx^[^x YZhi^cVi^dc [dg jh) 9 a^iiaz:ve( i^hi X]jgX] ^c ;]^XV\d ]ZVgYd[ djg ea^\]i& kdajcizzgzy id hedc( hdg jh& VcY idd` gzhedch^w^a^in F=NNAF= X]jgX]& l]zgz bn evgzcih lzgz ValVnh VXi^kZ evgi^x^evcih) Ac i]z^g dlc fj^zi lvn& bn evgzcih XgZY^iZY?dY l^i] i]z^g hjgk^kva d[ hzzb^c\an ^chjgbdjcivwaz dwhivxazh& VcY[dg Wg^c\^c\ i]zb id V eavxzl]zgz i]z^g [Vb^an XdjaY WZZhiVWa^h]ZY) <jg^c\ i]^h i^bz& lz a^kzy azhhi]vc V b^az [gdb l]zgz bn [jijgz ]jhwvcy&e^x]vza&a^kzy l^i] ]^h evgzcih) Ac,41,& ]Z VcY ]^h [Vb^an bdkzy dji id i]z hdji]zgc hjwjgwhd[ ;]^XV\d&VcY h^m bdci]h avizg&bn evgzcih bdkzy l^i]^c V fjvgizg d[ V b^az [gdb ]^h evgzcih) :ji?dy Y^Y cdi ]VkZ jh bzzi jci^a djg hzc^dg nzvgd[ ]^\] hx]dda)gjg gzavi^dc( BM]U[Z B`TZQd h]^e Xdci^cjZY i]gdj\] XdaaZ\Z& VcYlZ bvgg^zy^c,42-) OZ cdl a^kz^c i]z <VaaVhVgZVl^i] djg i]gzz X]^aYgZc) En [Vb^an#h ]^hidgn ^h V Xdc( hivci gzb^cyzg id bz i]vi ]VY?dY cdi ^cizgkzczyvi VcndcZ d[ cjbzgdjh Xg^i^XVabdbZcih ^c bn evgzcih# a^kzh dg b^cz& A ldjay cdi WZl]ZgZ AVb igjan `czl bz WZ[dgZAlVh Wdgc VcY hevgzycd b^gvxazh^c eavch [dg bn ZkZc ]VY V hezx^[^xbvc Vaa i]z lvn VXgdhh i]z ldgay ^c b^cy [dg bz [Vb^an) AVb hd i]vc`[ja ejgedhz YdZhcdi ZcY l^i] bz) 9cY hd& [dg E^X]VZa VcY bz& djg ivh` ^h id evhh Vadc\ id djg X]^aYgZcV k^( h^dc d[ i]z^g YZhi^cn VcYejgedhZ ^c i]z DdgY&iZhi^[n^c\ Vaai]Z l]^az id Wg^c\ ^i id evhh) + ]Q^UPQ^UZ 7QP& R[]P%HQcM^%bU_T TQ] T`^NMZP% BUOTMQgMZP_TQU]_T]QQOTUXP]QZ'!"

24 !%( R A( A R %! # RR ) ** %& m ( &&)55,#&)# )) #)&#)& %'''' % c #%#;#%#%%# ''' %' $'' %%# '! 6%m6)) *('''' b' 1&'

25 :A:DA;9D H=IJH=;KAM= :WXN TRO[Z \Z JKW]N [QN ]JTTN` WOW\Y XYNZNV[TJKWYZ[W ZNN W]NY[QN QRTTWO[RUN [W [QN QJY]NZ[ WO9WM#Z XYWURZNZ ;VMWUR[JKTN :WXN 4I 5:3C>7D Ac BZgZb^V] X]VeiZg.-& lz [^cy i]z egde]zi BZgZb^V] ^beg^hdczy [dg lvgc^c\ )BjYV]VWdji i]z Xdb^c\ :VWnad( c^vc XVei^k^in):ji ^c i]z [VXZd[ i]z dcxdb^c\ Ydlc[Vaa d[ i]z &BZl^h] cvi^dc&?dy \VkZ BZgZ( b^v] hdbz higvc\z ^chigjxi^dch)?dy iday]^b id Wjn V[^ZaY)=kZc i]dj\] i]z Zci^gZ avcy ldjay hddc WZdkZggjc Wn :VWnadc^Vc hday^zgh&?dy hv^yid Wjn ^i) &BZgZb^V]dWZnZY&VcY Vh ]Z idd` i]z YZZYid i]z egdezgin&]z egde]zh^zy&))>dg i]^h ^h l]vi i]z DdgY 9ab^\]in& i]z?dy d[ F=N NAF= AhgVZa& k^cznvgyhl^aa V\V^c WZWdj\]i ^c i]^h avcy#)) $BZg).-5,0 FANa) L]ZgZ ^c _V^a&hjggdjcYZY Wn]^h dlc XdjcignbZc l]d ]ViZY ]^b [dg ]^h egzy^xi^dc&vcy[vx^c\i]z VeegdVX] d[ WaddYi]^ghin :VWn( adc^vch& ))BZgZb^V] WZ\Vc id egv^hz i]z DdgY) hvn^c\& ))9]& KdkZgZ^\c DdgY&ndj ]VkZ bvyz i]z ]ZVkZch VcY i]z ZVgi] Wn ndjg \gzvi edlzg VcYdjihigZiX]ZY Vgb) Fdi]^c\ ^h idd ]VgY [dg ndj! $BZg).-5,2 FAN%) O]Vi lvh ^i i]vi XVjhZYBZgZ( b^v] id iv`z hjx] hzzb^c\an [dda^h] VXi^dc^c i]z [VXZd[ hjx] dwk^djhan Y^hVhigdjh X^gXjb( hivcxzh8=[\q' BZgZb^V] ]VY Vc ^cydb^ivwaz]dez ^c?dy 9OZOSM5TUK =[\Q ^h V kzgn egdb^czci ldgy ^c i]z KXg^eijgZh&[dg ^i ^h ]dez i]vi ]Vh ValVnh eavnzyv bv_dg gdaz ^c i]z egzhzgkvi^dc VcY bdi^kvi^dc d[?dy#h ]Vh ValVnh bdkzy i]z ;]jgx] l]zczkzg i]z ;]jgx] ]Vh bdkzy) L]Z VedhiaZ HZiZg hv^y lz ]VkZ WZZc Wdgc ^cid V a^k^c\ ]dez $hzz, HZiZg,5.%) L]Vi bzvch lz VgZWdgcWni]Z hzzyd[ ]dez ^cid V [Vb^an cvbzy ]dez) OZVgZ ]dezgh) Wdgc d[ ]dezgh&!$

26 egdyjx^c\ ]dezgh) 9h BZgZb^V] k^zlzy i]z gj^ch d[ _jy\zy )BZgj( hvazb) ]Z hv^y^c DVbZciVi^dch 6B66^&\6!Ai ^h \ddy i]vi V bvc h]djay Wdi] ]dez VcY fj^zian lv^i [dg i]z hvakvi^dc d[ i]z DdgY)! O^i] ]dez lz XVcfj^Zian lv^i WZXVjhZlZ hzz i]z hvakv( i^dc d[ i]z DdgY)=kZc l]zc i]z gzhi d[ i]z ldgay a^zh_jy\zy ^c gj^ch) i]z ]dez d[?dy egdyjxzh V fj^zi Xdc[^YZcXZ^c djg he^g^ih i]vi?dy VcY aa^hezdeaz l^aa ja) i^bvizan Vg^hZ) EjX] d[ ]^hidgn ^h lg^mzc Wn VcYVWdji bjai^ijyzh d[ bzc VcY ldbzc l]d czkzgadhi ]dez) l]d gz[jhzyid WZWjg^ZY^c YZheV^gdg ;;;))Z[YWR;;AA ;.? 6 id WZcjbWZgZY Vbdc\ i]z bjc( YVcZ) Wji lzgz bdi^kvizy Wn ]dez id hzz` VWZiiZggZlVgY)Gjg evgzcih VcY [dgz[vi]zgh lzgz Vbdc\ i]zb) OZ hzz^c ]^hidgn i]vi ]dezgh ]VkZ czvganvalvnh ldc i]z YVn) Ac,222)?ZcZgVa?Zdg\Z OVh]( ^c\idc& [VX^c\ i]z [VY^c\ ]dezh d[ V ldz[jaan jcegzevgzy ezdeaz VcY V ldz[jaan gv\\zy Vgbn& lgdiz id V [g^zcy5 OZ h]vaa czkzg YZheV^g)Gjg h^ijvi^dc ]Vh WZZcjcegdb^h( ^c\ WZ[dgZ&VcY ^i#h X]Vc\ZY [dg i]z WZiiZg&hd Aigjhi ^i l^aa V\V^c) A[ czl Y^[[^Xjai^Zh T -'ZA *'' 7 \\ A m %)** &%** ))))))&)) %!*!" %' ********( U ( *Y''' 0 Tm* &( Tp! )#, Vg^hZ&lZ bjhi dcan eji [dgi] czl ZmZgi^dchVcY egdedgi^dc djg Z[[dgih id i]z Zm^\ZcXnd[ i]z i^bz) EZc d[ i]^h fjva^in az[i jh V az\vxni]vi bzc d[ Xnc^X^hbVcY YZheV^gXVccdi) OZ czzy)vcylz l^aa egdyjxz Wn?dY#h \gvxz&v czl \ZcZgVi^dc d[ ndji] l]d `cdl?dy VcY&i]ZgZ[dgZ) l]d ]VkZ Vc ^cydb^ivwaz]dez(v \Zc( ZgVi^dcl]d l^aa cdi XVhid[[ i]z^g ]dez WZXVjhZ]deZ l^aa WZVeVgi d[ i]z^g ^hcdi V\VgbZci lz lzvg dcan ^c \ddy X^gXjbhiVcXZhWji gvi]zg i]z hzzyd[ djg W^gi] ^c i]z Ke^g^i d[ i]z ]VkZ ValVnh g^hzc id h]v`z d[[ i]z Yjhi d[ YZheV^g)Ac i]z,4.+#h& O^chidc ;]jgx]^aa lvh cd cv^kzfzk( ^aaz;]vbwzgav^c) evcyzg^c\ id V egzzc^c\& ]Z lvh gzva^hi^x)vcy nzi ]Z bv^civ^czyvc ^cydb^ivwaz]dez) ;]jgx]^aa lvh Vc ^cizgzhi^c\ X]VgVXiZg)^cYZZYV XdjgV\Zdjh ]Zgd d[ i]z V\Z) dcz i]vi Vaad[ djg ndjc\ ezdeaz ldjay Yd lzaa id hijyn& azhi lz ]VkZ id gzezvi i]z b^hzgn i]vi ]Z ]ZaeZY]^h cv( i^dc Xdc[gdci) L]Z hvbz [VXidgh VcY [dgxzh]z [VXZYVgZVi ldg` ^c djg dcz d[ i]z [Zl ezdeaz l]d ]VY ^ch^\]ih ^cid i]z YZbVcYh d[ gzva^in&wji i]zn czkzg bvyz ]^b YZheV^g) Ac V hezzx] id i]z JdnVa KdX^Zind[ Ki)?Zdg\Z VhZVganVh,4..& ;]jgx]^aa bvyz i]z [daadl( ^c\ dwhzgkvi^dchi]vi XdjaYZVh^( an WZVeea^ZYid i]z ;]jgx]5 D )* %* R T )R ( = % N[`efa` ;ZgdU_[^^iSe a`m axfzw XWi bwab^wizm ZSV [`e[yzfe [`fa fzwvw_s`ve ax dws^[fk( T*gf* fzwk `WhWd_SVW Z[_ VWebG[d* + L]Z ldghi Y^[[^Xjai^Zhl]^X] lz hj[[zg Yd cdi XdbZ [gdb l^i]dji) L]Zn XdgcZ [gdb l^i]^c) Gjg Y^[[^Xjai^ZhXdbZ [gdb i]z bddy d[ jclvggvci( VWaZ hza[(vwvhzbzci& ^cid l]^x] lz ]VkZ WZZcXVhiWnV edlzg[ja hzxi^dc d[ djg ^c( izaazxijvah)l]zn XdbZ [gdb i]z VXXZeiVcXZd[ YZ[ZVi^hi YdXig^cZhWnVaVg\Zedgi^dc d[ O[Z_UZ`QP [Z \MSQ +1.2 B9FL9IP -540

27 =kzgn;]g^hi^vc h]djay gzvy XNOWHTTP q O]Vi VgZ i]z?dy(\^kzc gzhedc( h^w^a^i^zhvcy a^b^ivi^dch d[ \dkzgc( bzci8 h]djay ;]g^hi^vch gzavizid X^k^a\dkZgcbZci8 q AhXZcigVa^oZY\dkZgcbZci hxg^e( ijgva8 $L]Z VchlZg b^\]i hjgeg^hz ndj % q O]Vi YdZh i]z :^WaZhVn VWdji [Vb^an&X]jgX]& VcY hx]dda \dkzgc( bzci8 9chlZgh id i]zhz VcY di]zg fjzh( i^dch VgZXgZVi^kZanegZhZciZY ^c 9bZg( ^XVc N^h^dc#h <[P MZP <[aq]zyqz_ ldg`wdd`) L]^h WZVji^[jaan ^aajhigvizy&:^waz( WVhZYldg`Wdd` ^h i]z WZhihijYn idda VkV^aVWaZVcnl]ZgZ) :ZXVjhZ Y^hXjh( h^dc fjzhi^dch Vi i]z ZcY d[ ZVX] X]VeiZg gzfj^gz Y^gZXi :^WaZ hijyn& ;]g^hi^vch XVcaZVgc^c izc azhhdch QaQ]d WVh^X:^WaZ eg^cx^eaz XdcXZgc^c\ \dk( ZgcbZci)!6YQ]UOMZ JU^U[Z"^QRR[]_^_[ SUaQ`^ V O[Y\]QTQZ^UaQ`ZPQ]^_MZPUZS[R S[aQ]ZYQZ_ PQ^Q]aQ[`] bt[xqtqm]_qp^`\\[]_'! &8TM]XQ^GUY\^[Z!HTQ?dY VcY?dkZgcbZci ^_`Pd ^h _TQ Y[^_ \]MO_UOMX% ^O]U\_`]MXXd^[`ZP% MZP O[Z& OU^Q\]Q^QZ_M_U[Z[Z S[aQ]ZYQZ TM_> TMaQ QaQ]f[`ZP! BUWQ8[XQYMZ&E]Q^UPQZ_% >Z_QS]U_d 8[YY`ZUOM_U[Z^ R&(AD^`]%A?dY VcY?dkZgcbZci 9 :^Wa^XVa KijYn :A:DA;9D NGID< MA=N DA:I9IP?Vgn <D#p,Vg i i A AAA AA & AA A TT HjWa^h]ZYWn 9bZg^XVc N^h^dc&9iaVciV&?Zdg\^V B >ZVijgZhd[ <[P MZP <[aq]zyqz_^cxajyz5 q HZghdcVa\gdje hijyn [dgbvi ev^ci^c\h& VcY Zc\gVk^c\h q IjZhi^dch VcY VchlZgh q =mizch^kz W^Wa^d\gVe]n KZZgZhedchZ [dgb dc ev\z..)

28 >ZP[YU_MNXQ =[\Q O[Z_UZ`QPf][Y \MSQ +/ djg eda^i^x^vch) OZ dj\]i Vh V cvi^dc&vcy Vh Vc Zbe^gZ& id lzvi]zg Vcn hidgb Vi azvhivh lzaa Vh Vcn di]zg Zm^hi^c\ hnhizb d[ ]j( bvc \dkzgcbzci) Ai bvn lzaa WZ i]vi i]z bdhi \adg^djh X]VeiZgh^c djg ]^hidgn VgZnZi id WZlg^iiZc) AcYZZYi]Z kzgn egdwazbhvcyyvc\zgh i]vi Zc( XdbeVhh jh VcY djg Xdjcign dj\]i id bv`z =c\a^h] bzc VcY ldbzc d[ i]^h \ZcZgVi^dc \avy id WZ]ZgZ Vi hjx] Vi^bZ) OZ dj\]i id gz_d^xzvi i]z gzhedch^w^a^i^zhl^i] l]^x] YZhi^cn ]Vh ]dcdgzy jh VcYWZ egdjy i]vi lz#gz \jvgy^vch d[ djg Xdjcign ^c Vc V\Z l]zc ]Zg a^[z^h Vi hiv`z) L]Vi#h Vc ^cydb^ivwaz]dez) Gjg ]dez bjhi cdi WZcV^kZiZ J=E=E:=J5 >IA<9P( B9FL9IP 2( AJ9 F9KAGF9D <9P G> HI9P=I 9F< >9JKAF?* [dg i]z ediiv\z d[ gzh^\cvi^dc VcY bzy^dxg^in)oz#gzcdi Vi i]z bzgxn d[ hdbz YZiZgb^c^hi^Xcd( i^dc i]vi izaahjh lz#gz k^xi^bh( k^xi^bh d[ gvxz&k^xi^bh d[ \ZcZh& k^xi^bh d[ evgzcih& k^xi^bh d[ hdx^zin&k^xi^bh d[ hdbz bzvc( ^c\azhh Xdhb^X VXX^YZci i]vi Zm( eadyzy a^[z ^cid Zm^hiZcXZa^`Z hdbz jcxdcigdaavwazbva^\cvci \gdli]) L]dj\] NBO ^c ]^h gzwzaa^dc ijgczy i]z \VgYZc ^cid V_jc\aZ& i]gdj\] i]z EVc& ;]g^hi BZhjh& ^i l^aa WZV \VgYZc V\V^c) OZ#gZ hdbz]dl azvyjh ^cid VWZVji^[ja jide^vc dgyzg d[ ejg^in& igjhi& VcY ]ZVai]8 9cY ^c l]vi Yd i]z EVgm^hih ]dez8 Ah i]zgz ]dez i]vi i]z^g evhi VcY egzhzci ]^hidgn l^i]( dji?dy l^aa egdyjxz V[jijgZ d[ g^\]izdjhczhh& _dn& VcY ezvxz8 ;Vc i]zn ]dez i]vi i]z bva^\( cvcxn d[ izggdg^hb i]zn ]VkZ cjgijgzy& igv^czy&vcy YZa^WZg( ViZanaddhZYjedc VaacVi^dch l^aa hjyyzcan WZXdbZVaVbWa^`Zhje( edgizg d[ hdx^vaigvcfj^a^in dcxz ^i ZgVY^XViZh^c_jhi^XZ8 Gg l^aa cdi i]z^g YgZVb ijgc ^cid V c^\]ibvgz Vh ^c eddg DZWVcdc& i]vi dcxzezvxz[javcy WZVji^[ja cvi^dc cdl V]diWZYd[ izggdg^hb VcY bjgyzg) 9h HgdkZgWhhVnh&!L]Z ]dez d[ i]z l^x`zy ezg^h]zh&!wji lz VgZi]dhZ l]dhz ]dez ^h ZiZgcVa WZXVjhZ^i ^h gddizy ^c?dy) Af hjhiv^ch jh ZkZc ^c i]z [VXZd[ ea_wfz[`y YaV^k fzsf?av i[^^ bgf [` kag [Xkag%^^abW` kagd ZWSdfS`V kagd _[`V S`V TdWSfZW[` fzw Jb[d[f ax?av* VcY ^YZVa^hb&Wji gvi]zg ^i h]djay WZVcX]dgZY^c gzva^invh ;]jgx]^aa#h lvh) AX?dY \^kzh jh i]z VW^a^inid hzzgzva^in&lz XVc( cdi azi ^i YZhigdn djg ]dez) OZ bjhi WZ hzzgh d[ gzva^in VcY WZVgZghd[ ^cydb^ivwaz]dez) 9aa gzva;]g^hi^vch VgZ]deZgh) AadeZ ^h ZhhZci^Vaid i]z [VWg^X lz XVa,;]g^hi^Vc^in) JZa^\^dc d[ Vcn `^cy i]vi#h YVg`&YZheV^g^c\& dg hdggdl[ja ]Vh adhi i]z hevg` i]vi bv`zh ^i Vji]Zci^XVaan Y^( k^cz) O^i]dji ]dez ^h Vcdi]Zg lvn d[ hvn^c\ l^i]dji?dy) OZ 9gZ Fdi N^Xi^bh OZ#gZ cdi Vbdc\ i]dhz l]d ]VkZ hdayi]z W^gi]g^\]i d[ ]dez!& cdi k^xi^bh) OZ#gZ X]^aYgZcd[ i]z hdkzgz^\c ;gzvidg ^c l]db lz a^kzvcy bdkz VcY ]VkZ djg WZ^c\) Fd& lz#gz cdi k^xi^bh( lz#gz bdgz i]vc XdcfjZgdgh i]gdj\] BZhjh ;]g^hi l]d adkzy jh) OZ ]VkZ dc djg h^yzi]z Kdc d[?dy)!ax?dy ^h [dg jh& l]d XVc WZV\V^chi jh8! $Jdb) 35., FAN%) Ac l]vi Yd i]z hzxjavg^hih ]dez8 ;Vc i]dhz bzc l]d ]VkZ Va( gzvyn\^kzc jh V ldgay gvkv\zy Wn lvgh& Y^hZVhZ&VcY edkzgin \^kz jh V hiviz(dezgvizyjide^v8 ;Vc i]z hvbz hdx^vazc\^czzgh i]vi \VkZ jh i]z WVc`gjei bd( gva^ini]vi ]Vh addhzyveav\jz d[ kzczgzva Y^hZVhZ dc hdx^zin Ddd`^c\ id i]z JZlVgYh?dY YZa^\]ih ^c i]dhz l]d add` WZndcYi]Z ]ZVi d[ i]z egzh( Zci id i]z Xdda gzlvgyh d[ i]z egdb^hzh d[ ]dez) =cdx] a^kzy^c V l^x`zy \ZcZgVi^dc Wji ]Z ]dezy lva`zy l^i]?dy& lvh igvchavizy ^cid i]z egzhzcxz d[?dy& VcY Y^Y cdi ivhiz YZVi]) FdV] add`zy WZndcYi]Z hxd[[( Zgh VcY bdx`zgh VcY V ]jcygzy nzvghd[ ]VgYlddY ]Zl^c\ id hzz V k^h^dc d[ ]dez i]vi ZkZcijVaan WZXVbZgZVa^in)>gdb ]dez#h ]^\] VcY ad[in ezgx]&]z add`zy Ydlc dc bdjciv^ch XdkZgZYl^i] lvizg VcYje ^cid V]ZVkZcXdkZgZYl^i] hvakvi^dcvcygv^cwdlh) 9WgV]Vb add`zy WZndcY V X]^aYaZhhbVgg^V\Z id V bja( i^ijyz d[ YZhXZcYZcih&Vbdc\ i]zb i]z Kdc d[?dy) EdhZh add`zy WZndcY Zm^aZVcY adcza^( czhh id V cvi^dc d[ eg^zhih VcY `^c\h) KdbZ d[ i]dhz gzxdgyzy^c i]z KXg^eijgZhYZ[^ZYdkZgl]Zab( ^c\ X^gXjbhiVcXZhid \V^c VbVo( ^c\ k^xidg^zh)gi]zgh gz[jhzy id VXXZeigZeg^ZkZ^c i]^h WdYnVcY VXXZeiZ YZVi] ^c ]dez&`cdl^c\ B9FL9IP -540

29 i]vi Vc ZiZgcVa]deZ XVccdi a^z adx`zy[dgzkzg^c i]z \gvkz) KjX] bzc l^i] hjx] ]dez VgZ^cYdb^( ivwaz)l]zn VgZdjg [Vi]Zgh&VcY lz VgZ i]z^g hdch ^[ lz ]VkZ ]dez) HN LJV LYNJ[NJ PNVNYJ[RWVWO QWXNYZKNLJ\ZN W\Y9WM RZJ QWXNY% JVM :N#ZX\[ :RZQWXNRV\Z'!=cXdjgV\Z dcz Vcdi]Zg&! hvnh)!=cxdjgv\z dcz Vcdi]Zg(VcY Vaai]Z bdgz Vhndj hzzi]z <Vn VeegdVX]^c\! FAN%)EdgZ VcY bdgz&lz bjhi \jvgy djg ldgyh& cdi azi( i^c\ i]zb WZVggdlh i]vi h]ddi Ydlc hdvg^c\ ]dezh& Wji gvi]zg bv`^c\ i]zb l^c\h _[ a^[i i]z ]ZVkn avyzc) 9g^hZ&, bzc d[?dy) 9g^hZ&, ldbzc d[?dy) HgdXaV^b]deZ id V \ZcZgVi^dc l]d ]Vh cdi YVgZY id WZa^ZkZWZndcYidYVn VcYl]d ^h hiva`zy ZkZgn bdbzci Wn \gzvi h]vydlh d[ [ZVg) >ZVg ^h A 3C7 IAF ;@ BC;DA@2 9e S bsd[ ax FWi N[`W%e _[`[J^dk( AZW _SYSl[`W [e ew`^ XdWW-, bd[ea`wdeiza dwcgwef[^* >ad ge -, Ua`f[`gW fa ew`v [^ fa fzw_ Sf `a UZSdYW( bd[ea`wde `WWV fa [VW`f[Xk fzw_ew^hwe-, ge( ea iw US` Y[hW AZW[d egteud[b^[a`e ebwu[s^ ZS`V^[`Y H^WSeWYWf [` faguz i[fz ge Tk _S[^ [XAZ[eSbb^[Wefa kag( S`V [`) U^gVW kagd ^S^Wef_S[^[`Y ^STW^ i[fz kagd ^W^^Wd* 9^ea ^Wfge ]`ai ax afzwd bd[ea`wde iza iag^v [-]W fa dwuw[hwfwi N[`W( S`V iw i[[^ Y^SV^k SVV fzw_ -, agd _S[^[`Y ^[ef* KZS`]e Xad kagd ZW^b* i]z egzydb^cvci bdi^kz d[ i]z XjggZci \ZcZgVi^dc d[ ndji] WZ( XVjhZ Vaa i]zn ]VkZ ]ZVgY ^h Xnc^X^hb)LdYVn#h ndjc\ ezdeaz VgZ V \gzvi& kvhi kvxjjb dji i]zgz&wji lz ]VkZ Vc ZiZgcVa& jca^b^izy gzhdjgxz)oz XVcedjg ]dez ^cid i]z hdjah d[ b^aa^dch VcY hzzi]zb Vg^hZVcY\gVhe Vc VchlZg i]zn czzyvcy?dy#h S[_' OZ XVc XgZViZV \ZcZgVi^dc d[ ]dezgh WZXVjhZdjg?dY ^h ^c jh) OZ bjhi g^hz^c?dy VcY Zc( XdjgV\Z dcz Vcdi]Zg JZcZlZY 5TUK Ah ndjg ]dez gjcc^c\ ^c?dy VcY WZgZcZlZY L]Z hvakvi^dcd[ i]z DdgY ^h id i]dhz l]d ]dez VcY hvn l^i] HVjai]Vi!]deZ ^hbn hvakvi^dc)! <dc#i XVhiVh^YZndjg ]dez) <dc#i _jy\z i]z fjva^in d[ ]dez Wn lzz`h6 Ydc#i _jy\z i]z fjva^in d[ ]dez Wnbdci]h6 Ydc#i _jy\z i]z fjva^in d[ ]dez Wn YZXVYZh)L]Z bzc VcY ldbzc l]dhz cvbzh VgZlg^iiZc ^c i]z OdgY d[?dy VgZc#i i]zgz WZ( XVjhZdcZ YVni]Zn ]VY V[aVh] d[ ]dez) L]Zn#gZ lg^iizc i]zgz WZXVjhZ]deZ lvh ^chxg^wzy^c i]z^g ]ZVgih) <Vn V[iZg YVn& lzz` V[iZg lzz`& bdci] V[iZg bdci]& nzvg V[iZg nzvg&i]zn lzgz ]dezgh) KdbZ Y^ZY]deZgh VcY[gdb i]z WVaXdc^Zh d[ ]ZVkZc lvix]zy i]z^g ]dez ldg` ^c i]z ZVgi]) L]^h ]dez ^h cdi i]z VYdgcbZci d[ \ddy X^gXjbhiVcXZh&cdg \ddy ^hhdbzi]^c\ \dy( an i]vi?dy l^aa eji ^c ndj ^[ ndj#aa dezc ndjg ]ZVgi VcY ndjg b^cy VcYWgZVi]Z^c i]z hdbzi]^c\ ^c ndj i]vi ^h ^cydb^ivwan ZiZgcVa(?dY#h dlc cvijgz) AXndj#gZ [ZZa^c\ lzvgn&lzv`& VcY ]ZVkn avyzc&a^`z V Wgj^hZY gzzydg hbd`^c\ [avm&vcy ndj [ZZai]Vi i]z [^gz^c ndj ^h VWdji id WZ eji dji Wn i]z ZkZc^c\ YZl&AegVn i]vi Ke^g^i l^aa Wadl dc i]dhz [avbzh VcY XdVah^c ndjg he^g^i) A l^aa hid`z i]zb l^i] i]z \ddy izcyzglddy d[ i]z OdgY d[?dy& VcY WgZVi]Z dc i]zb hd i]vi ndjg [^gzl^aa [avbz ^c i]z c^\]i id WZhZZc [dg b^azh VgdjcY) A egvn i]vi?dy l^aa higzc\i]zc i]z [ZZWaZ`cZZh VcY i]z ]VcYh i]vi ]Vc\ Ydlc& a^[i^c\ i]zb je \^kz egv^hz)a Yd cdi egvn czxzhhvg^an i]vi?dy l^aa X]Vc\Z ndjg X^gXjbhiVcXZh& Wji l^aa hid`z i]z [jg( cvxzd[ ndjg hdja dlc cvijgz(i]z cvijgz i]vi XVjhZY BZhjh id add` evhi i]z Xgdhh6i]Z cvijgz i]vi XVjhZYHVja id add` evhi i]z hldgy i]vi ]jc\ dkzg ]^h djihigzix]zy czx`6 i]z cvijgz i]vi XVjhZY HZiZg& BVbZh&VcY Bd]c id ZcYjgZ ^c i]z b^yhi d[ Y^[[^Xjain) A egvn i]vi i]z DdgY l^aa higzc\i]zc i]z ]dez eaz jci^a lz WgZV`[dgi] dc i]z g^\]i VcY dc i]z az[i l^i] V edh^i^kz ldgy& l^i] igjz [V^i]& VcY l^i] ZcXdjgV\ZbZci [dg dcz Vcdi]Zg i]vi l^aa dkzgl]zab KV( ivc VcY Vaa]^h cz\vi^kz iva`) A egvn i]vi lz XVc WdaYangZWj`Z i]z YZk^a&gZ[jh^c\ id a^hizc id ]^b6 ^chizvy&avn^c\ ]day d[ i]z OdgY d[?dy l^i] ]dez ^c djg hdjah& VcY bvgx]^c\ id R^dc)?adgn id?dy + 8TM]XQ^GUY\^[Z ]QOQUaQP TU^QP& `OM_U[ZR][Y KUXXUMY 8M]Qd8[X& XQSQUZ=M UQ^N`]S%BU^^U^^U\\U% MZPM_CQb D]XQMZ^ 7M\_U^_HTQ[& X[SUOMX GQYUZM]d' 7Q^UPQ^TU^\M^& _[]MXP`_UQ^MZPMZUZ_Q]ZM_U[ZMX YUZU^_]d%8TM]XQ^U^OTMU]YMZ[R _TQ >Z_QS]U_d8[YY`ZUOM_U[Z^ 7[M]P [R9U]QO_[]^'=Q ]Q^UPQ^UZ B[NUXQ%6XMNMYM%bU_T TU^ burq% 8M][XdZ%MZP_TQU]_T]QQOTUXP]QZ' F=NNAF=.5

30 j;7gp, < BVcjVgn,43/ &#+/ %2* 4-+ $)4-+3 "/0.,-47! ' ' A*O]d ;gzvizyi]z OdgaY&9aa D^k^c\ L]^c\h& 9) Aci]Z WZ\^cc^c\?dY XgZViZY?Zc),5,(., BVc), :* L]Z DdgYbVYZ]ZVkZcVcYZVgi] Hh),/15,(,+ BVc)- ;) L]Z DdgYbVYZZkZgna^k^c\ i]^c\ BdW.35,(/,6 /-5,(1 BVc). <) L]Z DdgYZhiVWa^h]ZY i]z ZVgi] Hh),+/5,(.0 BVc)/ =) L]Z DdgYhigZiX]ZYdji i]z ]ZVkZch Ah)/+5,-(., BVc)0 >) L]Z DdgY[dgbZY AhgVZa Ah)/-5,(/.52 BVc)1?) L]Z DdgYXgZViZYBVXdW Ah)/05,(,. L]Z DdgY\^kZh edlzg id Ac)a5A(,3 BVc)3 A* L]Z 9Xih /5-.(.0 BVc)4 B) L]Z DdgYXVcWZ`cdlc Jdb),5,3(-0 BVc),+ AA)O]d 9) Ah>V^i][ja id >V^i][ja id <i) /5.-(/+ BVc),, :) >V^i][ja id 9WgV]Vb <i) 251(,, BVc),- ;) >V^i][ja id <Vk^Y Hh)345,(-4 BVc),. <) >V^i][ja Ah)-05,(,- BVc),/ =) >V^i][ja BVc),0 >) >V^i][ja id i]z egde]zih# ldgyh D`),512(24 BVc),1?) >V^i][ja id i]z czl XdkZcVci^c ;]g^hi Ei) -15-+(.+6, ;dg),,5,2(./ )) BVc),3 AAA)O]d ^c 9) 9 ]dan \gdjcy5 Y^gZXi^dc [dg azvyzgh]^e =m).5,(),-6 Bdh]) 05,.(,0 BVc),4 :) 9 ]dan <Za^kZgZg5 ]Zae [dgi]z czzyn, KVb) -5,(,, BVc)-+ ;) 9 ]dan izbeaz5gz[j\z [dgi]dhz l]d VgZhVkZY Hh),,5,(2 BVc)-, <) 9 ]dan cvijgz5_jy\bzci [dg i]z cvi^dch Hh)445,(4 BVc)-- =) 9 ]dan C^c\5 XaZVch^c\[dg@^hhZgkVcih Ah)15,(,. BVc)-. hvcxi^[^xvi^dc [dgi]z Xdbbjc^in RZX]),/5,(-, h^cxzgzadkz, HZi),5,.(-0 9 ]dan i]gdcz gddb5 VeViiZgc [dgldgh]^e JZk) /5,(,, BVc)-1 AN) O]d AhKadl id 9c\Zg VcYO]d Ahd[?gZVi EZgXn 9) EZgXn VWdjcY^c\id?dY#h ^c]zg^ivcxz =m)./5,(46 Fjb),/5,(-/ BVc)-2 :) EZgXngZXZ^kZY l^i] Vi]Vc`[ja ]ZVgi Hh),+25,(/. BVc)-3 ;) EZgXnXdci^cj^c\ id ZVX]\ZcZgVi^dc Hh),.15,(-1 BVc)-4 <) EZgXnZmiZcYZYid h^cczgh Jdb) 05,(,, BVc).+ =) EZgXnjc^iZh VhXViiZgZYeZdeaZ, HZi)-5,(,- BVc)., 9 bdci]an :^WaZhijYn Wn:gjXZ Ddc\higZi].+ B9FL9IP -540

31 KAHJ>GI :W^ [W QJVMTNOJURT`RTTVNZZNZ EQN8J[QNYJVM [QN 8T\ 4\P 4I 4CF57 En [djg(nzvg(dayyvj\]( izgavn^c WZY&h^X`l^i] V [ZkZg&VX]Zh&VcY Vc jehzi hidbvx])!<vyyn&a[zzawvy&! h]z h^\]zy)!qdj bjhi ]VkZ V[aj Wj\&! A hv^y)!o]vi YdZh i]z [aj Wj\ add` a^`z8! h]z Vh`ZY) A]VY id gzh^hii]z izbeivi^dc id izvhz ]Zg Wn YZhXg^W^c\V!WajZ(\gZZc [joon Xg^iiZg l^i] WZVYn a^iiaz ZnZh i]vi he^ch VgdjcY ^c ndjg ijbbn jci^a ndj i]gdl je)! AchiZVY&Aig^ZYid WZ [VXijVa5!9 [aj Wj\ ^h V lvn d[ hvn^c\ ndj ]VkZ hdbzi]^c\ ^c ndjg ijbbn i]vi#h bv`^c\ ndj [ZZaWVY)Ai#hcdi gzvaanv Wj\ Vi Vaa)Qdj#aa [ZZaWZiiZgidbdggdl)! Kjgeg^h^c\an& h]z VXXZeiZY bn VchlZg) :ji Vh h]z Yg^[iZY d[[ id hazze&awz\vc id i]^c` d[ Vaai]Z i]^c\h VYVYcZZYhid Xdc( h^yzgid iv`z XVgZd[ ]^h [Vb^an l]zc V X]^aY^h h^x`) F=N NAF= [^ghi hize ^h id \Vi]Zg id\zi]zg VcY egvn [dg ]ZVa^c\) 9h YVYh& i]z egvnzg!>vi]zg&lz WZadc\ id Qdj VcYYZeZcYhdaZanjedc Qdj [dg higzc\i]! czzyh id WZZkZg egzhzci ^c djg ]ZVgih VcYb^cYh) -) 9[Z"_ TUPQd[`] QY[_U[Z^' 9 cjghz dcxz iday bz ]dl ]Zg ]jh( WVcYWZXVbZkZgn fj^zi l]zc i]z^g X]^aYlVh Xg^i^XVaan ^aa)!a l^h] AXdjaY]VkZ `cdlc l]vi ]Z!9 ;]g^hi^vc ^h a^`z izv5@^h lvh i]^c`^c\ VcY [ZZa^c\) Ai gzvahigzc\i] XdbZh dji ^c ]di ldjay ]VkZ ]ZaeZY bz i]gdj\] lvizg)! A#b cdi hjgz l]d hv^y i]vi Y^[[^Xjai^bZ&!h]Z gzxdjcizy) i]vi& Wji ^i ^h XZgiV^canigjZ d[ [Vi]Zgh Vhi]Zn [VXZi]Z egzhhjgz Ai#hcdi V]Zae [dg V[Vi]Zg h^bean id WZV h^azcidwhzgkzg) i]vi XdbZh l^i] [Vb^an ^aaczhhzh),' EMUZMZP UXXZQ^^ T`]_' O]Zc Gjg YZh^gZid h]dl adk^c\ XVgZ^h djg X]^aYhVnh&!<VYYn&A Ydc#i [gjhigvizy bvcn i^bzh Wndjg gz( [ZZahd \ddy&! l]vi ]Z bzvch ^h VXi^dch id h^x`czhh&l]^x] gjc i]vi ]Z ]jgih) OZ#gZVaa\j^ain Vi i]z \Vbji [gdb XdaY^cY^[[ZgZcXZ i^bzh d[ ign^c\ id `ZZe djg X]^a( id evc^x):ji l]zgz ^c i]vi hezx( YgZc[gdb gzvxi^c\id ev^c dg i]z igjb d[ gzvxi^dcxvc V [Vi]Zg Z[[ZXihd[ ^aaczhh)l]z ldghi i]^c\ [^cyv\zcj^cz Vii^ijYZ d[ XVg^c\ lz XVc hvn ^h&!<dc#i Xgn!6!Af i]vi b^c^hizgh id ]^h [Vb^an YdZhc#igZVaan]jgi!6 dg!<dc#i WZ l]zc V X]^aY^h ^aa8 V WVWn)!Ai ^h WZiiZgid hvn&!a 9aa YVn adc\ dc i]z _dw V `cdl i]vi ]jgih& VcYA#aahiVnl^i] [Vi]Zg ^h XVaaZYjedc id iv`z ndj id bv`z ndj [ZZaWZiiZg)! X]Vg\Z&VYb^c^higViZ&VcY azvy) -' =QX\ d[`] OTUXP_[ Z[_ RQQX O]Zc V [Vb^an bzbwzg ^h h^x`& U^[XM_QP' O]^aZ ndjg X]^aY^h Xdc( <VY XdbZh ]dbz id [^cyi]vi i]z [^czy id WZY&iVa` VWdji l]vi#h czzyhd[ ]^h [Vb^an ]VkZ ig^eazy WZXVjhZd[ i]z ^aaczhh)@z bjhi ]VeeZc^c\ ^c ]^h ldgay Yjg^c\ ]^h i]vc l]vi [^cy i]z higzc\i] id Y^e ^cid V ezgiv^chdcan id ]^h ^aaczhhiv`zh!gzhzgkzivc`! id \^kz a^[zid ]^h ]^h [dxjh d[[ ]^h h^x`czhhvcyejih [Vb^an dc i]zhz dxxvh^dch) ]^h b^cy dc ]Vee^Zg i]dj\]ih) >dg i]z VedhiaZ HVja&higZc\i].' KQ MXY[^_ R[]S[_ B[Y' L]Z [dg Y^[[^Xjai X^gXjbhiVcXZh bdhi ^bedgivci i]^c\ lz XVcYd Y^Yc#iXdbZ [gdb _jhi `cdl^c\ [dg djg l^kzh Yjg^c\ V X]^aY#h^aa( XZgiV^c eg^cx^eazh) HVja `czl czhh^hid WZi]ZgZ)EdgZ i]vc ]Vk( i]vi i]z igjz hdjgxz d[ higzc\i] ^c\ S^^i]Z g^\]i VchlZgh&V[Vi]Zg XVbZ [gdb ]^h [V^i] ^c ;]g^hi5 czzyhid WZVkV^aVWaZ id ]^h l^[z&!en \gvxz^h hj[[^x^zci [dg ndj& l^aa^c\ id ]Zae ^c Vcn lvn ]Z XVc) [dg bn edlzg ^h bvyz ezg[zxi^c O]Zi]Zg V XdaY&[aj&hZg^djh^aa( lzv`czhh! $- ;dg),-54 FAN%) czhh&dg ^c_jgn&i]z Wdiidb a^cz[dg =kzgn ZcYZVkdgid Yd hdbz( YVYh^hi]Vi h^x`czhhy^hgjeih i]z i]^c\ [dg djg [Vb^a^Zhh]djaY WZ ]dbz VcY gzfj^gzh V hezx^vagz( egzxzyzywn V h^beaz egvnzg5 hedchz [gdb jh) Gjg ^ckdakzbzci!>vi]zg& higzc\i]zc bz id Yd ^c l]vi lz XVcYd id ]Zae ^h i]z l]vi A `cdl ^h ^bedhh^waz[dg `Zn) :ji bdhi ^bedgivci ^h i]vi bz id Yd bz id lz gzandc i]z GcZ l]dhz!\gvxz b^c^hizg id bn [Vb^an VcY \^kz ^hhj[[^x^zci! VcYl]dhZ!edlZg ^h i]zb Qdjg higzc\i])! L]Zc Wn bvyzezg[zxi^c djg lzv`czhh)! + [V^i] lz XVc ign hdbz d[ i]zhz hj\\zhi^dch l]zc djg X]^aYgZc!L^eh [dg >Vi]Zgh!&^hegdk^YZYWn VgZh^X`5 ;M_TQ]S]MY' AXndj ldjay a^`zid *' E]Md R[] d[`] burqmzp OTUX& gzxz^kz;m_tq]s]my%lg^iz5 H)G) P]QZ' >dg Vcn [Vb^an ^aaczhh&i]z :dm R&EdW^aZ&9D.11,1) /-

32 E3=7 A8 AFC >AH7DE BC;57D 7G7C m[! :AFD7 :GGC J9D= D3G7 FB EA -(" :G: ELE>GI< A88 C7E3;> n fa Uagb^Wea` Zai fa Tg[^VS g`[x[wv_sdd[syw* IWY*"-*.1 Fai "*1, n KZWHgdbaeWaXKW_bfSf[a`)KW_bfSf[a`%eda^W[eef6^ai` fa TWfZW ^[`] fa?av%ewhw`fgs^bdah[e[a`[` kagd ^[XW* IWY*".*51 Fai 1-*.1 n KZWC[`Y S`V Pag)9 VWfS[^WVh[Wi ax C[`YVa_ Ua`UWbfe SGG ^Sie fa ZW^bkag ^[hwfzw;zd[ef[s` ^[XW* IWY*"/*1, Fai "-*1, n =`fwd[`ys`v =`\ak[`y NadeZ^b)9!Zai fa! Taa] a` iadez[b* IWY*"-*31Fai "*4, fa SUUWbfdWUaY`[f[a` izw`?av gewekag* IWY*"-*.1 Fai "*1, n Hd[ea` ax IWeW`f_W`f)@ai fa WZXdWWXda_ fzw YdWSfWefZ[`) VdS`UWefa eb[d[fgs^_sfgd[fk* IWY*1-*1, Fai 1*3, n >auge[`y a` HdWeW`f AeegWe)9efgVk axt[t^[us^ua`uwbfe[x%zsf fzw DadVAedWefad[`YegUZSe V[eU[b^WeZ[b S`V UZgdUZYahWd`_W`f* IWY*"-*.1 Fai "*21 <GF :9J@9E n ;S` S <W_a`7);-WSd eud[bfgds^s`eiwde fa S Ua`fdahWde[S^ egt\wuf*iwy*"-*.1 Fai "*0, n >SUWLb N[fZ S E^dSU^$)A`fZ[e h[h[vsuuag`f axz[ewjbwd[w`uwe( ewwzai?av fa <a` [` Sefa`[eZ[`Y iske* IWY*".*51 Fai "-*1, n :Wka`V :^Wee[`Yfa GTWV^W`U$)>[`Vagf Zai fa _ahw faisdv?av%eg^f[_sfwbgdbaewxadkag* IWY*"-*.1 Fai "*1, n N[^^[`Y fa >ady^h$)>[`vagf izk XadY[hW`Wee [eweew`f[s^ fa dwuw[h) [`Y S`eiWd fa bdskwds`v?av%eydsuw* IWY*"-*.1 Fai "*2, =IF :9OK=I n LXWa` N[`Ye)=_%eU^See[U_WeeSYW]`ai` Se!fZWWSY^WeWd_a`! ezaie Zai kag US` easdh[ufad[age^k[` Z[YZb^SUWe[` ;Zd[ef* IWY*"-*.1 Fai 1*1, n KZk C[`YVa_ ;a_$)9 h[wi ax;zd[ef%eg^f[_sfw bgdbaewxad@[e ;ZgdUZ* IWY*"-*.1 Fai "*2, n!a9^_aef <^WV^!)9 h[h[vsuuag`f69!zai fa! _S`gS^* =d` ezsdwe Xda_WjbWd[W`UWZai kag US` bajj[t^kbdwhw`fbdw_sfgdwvwsfz* IWY*"1*51 Fai "0*1, ;@9ID=J JAEHJGF n Pagd@a_Wad@^e7)@aifa Td[`Y advwds`v YahWd`_W`f [`fa kagd Za_W* IWY*"-*.1 Fai "*1, n JfdgU] Tk S ^asxax:sd^wk:dwsv)@ai?av geweg`^[]w^kbwab^wfa SUUa_b^[eZ@[ei[^^ a` WSdfZ*IWY*"-*.1 Fai 1*1,

33 I=JHGFJ=m d BTNJZNZNVMUN WVNOYNN;V[NPYR[`:W\ZN )/.+ 5J[JTWP' ;VZ[Y\L[RWVZ0>[^^ agf fzw Xad_ TW^ai( S`V [`ewdf [f [` fzw W`U^aeWV W`hW^abWS^a`Y i[fz Xg^^bSk_W`f( [`U^gV[`Y baefsyw S`V ZS`V^[`Y* 9^^ advwde_gef [`U^gVWkagd SUUag`f `g_twd Se ^[efwv[` fzwfab d[yzf Uad) `Wd axkagd _S[^[`Y ^STW^*Fa T[^^[`Y* Fa ;*G*<* ES]W UZWU]ebSkST^Wfa KZWSVVdWee[e H*G* :aj Q( EaT[^W(9D /22-2* 9`k S_ag`f _adw fzs` kagd advwdi[^^ TWSUUWbfWVSe S Ua`fd[Tgf[a`* F9E= &b^wsewbd[`f' EQRZWOONY N_XRYNZ?JYLQ *)% )/.+' 9UUag`f Fa* m &ewwfab d[yzf ax kagd _S[^[`Y ^STW^B GKP ;9K* I=?* J9D= FG +() 4D HIA;= HIA;= KGK9D E:1 =hwd9xfwd " -*.1 " *1, E:2 KZWHgdbaeWaXKW_bfSf[a` ".*51 " -*.1 E:3 KZWC[`Y S`V Pag " /*1, " -*1, E:4 =`fwd[`y S`V =`\ak[`y NadeZ[b " -*31 " )3+ " -*.1 " *1, E:-, Hd[ea` ax IWeW`f_W`f " -*1, " *3, E:D0 >auge[`y a` HdWeW`fAeegWe " -*.1 " %$ G:-,/ ;S` S <W_a`7 " -*.1 " *0, G:-,1 >SUWLb N[fZ S E[dSU^W ".*51 " -*1, G:--/ :Wka`V :^Wee[`Y fa GTWV[W`UW " -*.1 " *1, G:--0 N[^^[`Y fa >ady[hw " -*.1 " *2, N:-,/ D[XWa` N[`Ye " -*.1 " *1, N:-,0 KZk C[`YVa_ ;dbz " -*.1 " *2, N:-,1!A 9^_aef <[WV! " 1*51 " 0*1, ;:-,0 " -*.1 " *1, ;:-,3 JfdgU] Tk S DaSXd[ :Sd^Wk:dWSV " -*.1 " *1, A:-,- KafS^ 9UUWbfS`UW " -*51 " -*,1 A:-,. M[`fSYWPWSde " 0*51 " -*31 A:-,0 KZWL`eWW` NSd ".*1, " -*.1 A:-,1 JWUg^Sd@g_S`[e_ ".*1, " -*,1 A:-,2 >S_[^k ".*1, " *31 E:3 ;ahw`s`f ;a g`[fk D[fZaYdSbZ " 0*1, ".*.1 AD,. KZW9dfe D[fZaYdSbZ " 0*51 ".*1, A9M:-,-?aV S`V?ahWd`_W`f Nad]Taa] " 5*51 F+9 A9M-,. KZW9_Wd* M[e[a`6 /2, Pde* DSfWd " 1*51 F+9 A9M:-,- JbWU[S^Hd[UW A9M-,. 9TahW :aa] S`V KSbW "-/*51 F+9 JgTfafS^ 9^S* dwe[vw`fe60# es^wefsj L*J* GdVWde"/*,, >adw[y` GdVWde"1*,, HaefSYW" ZS`V^[`Y &U[dU^Wa`W','))(.')) =PTBM ;BYNFOTS GRPNPURGPRFJHORFBEFRSNUSTNQCY BO 6OTFROBTJPOBM 8POFY :REFR PRB DIFDL ERBWOPO B >'<' CBOL' 5!"#$" %!#&'( )*++,-./ &

34 @GE=JHLF EQNUNUWY` WOJ ZXNLRJTZ[\MNV[ TR]NZWV D[RTT 5JYRVPOWY 8YJVLNZ4I JdbZi^bZh?dY Wg^c\h Vc jca^`zan ezghdc ^cid djg a^kzh [dg jh id XVgZ[dg& ezg]veh _jhi lvcih dcz X]^aYgZcid WZadkZY) GcZ d[ b^cz ^h >gvcxzh) O]Zc bn ]jhwvcy&<^x`&vcy, lzgz czlanlzyh& Aldg`ZY VhV izvx]zg#hv^yz^c Vc ZaZbZciVgn hx]dda id ]Zae bv`z ZcYh bzzi) Ai lvh V\gZVi eavxzid ldg`) L]Z hx]dda lvh hbvaa&]vk^c\ dcan dcz XaVhh[dg ZVX]\gVYZ&VcY Vaa d[ jh l]d ldg`zy i]zgz WZXVbZ [g^zcyh) EVcn d[ i]z hijyzcih lzgz [gdb \ddy ]dbzh Wji hdbz XVbZ [gdb kzgn adl(^cxdbz VcY igdjwazy[vb^a^zh)l]zhz X]^aYgZc \ZcZgVaan gz[azxizyi]z^g avx`d[ XVgZWnWZ^c\ Y^hX^ea^cVgnegdW( azbh) KdbZ lzgz WZaa^\ZgZciVcY di]zgh l^i]ygvlc& Wji ZVX] d[ i]zhz igdjwazy`^yh ]VY VXZgiV^c ]VgYcZhhi]Vi lvh [g^\]izc^c\ id hzz) 9ai]dj\] ^i Y^hijgWZYbZ \gzvian Vi [^ghi( A]VY id azvgcid azvkz^i VaaWZ]^cYVi i]z ZcY d[ ZVX] YVn) 9cY i]vi#h ZmVXian l]vi AY^Y(jci^a AbZi >gvcxzh) O]Zc A[^ghi hvl ]Zg&>gVcXZh lvh lva`^c\ ^cid ]Zg hzxdcy( \gvyzxavhhgddb)9 fj^zi ha^ed[ V \^ga l^i] avg\z ]VoZa ZnZh&h]Z lvh lzvg^c\ V \VjYn YgZhhW^\ Zcdj\] id [^i Vc VYjai) Ac [VXi& bdhi YVnh]Zg Xadi]ZhlZgZ bjx] idd avg\z&vcy ]Zg hvcyn(xdadgzy ]V^glVh d[izc jcxdbwzy) O]Zc( ZkZg Aldg`ZY l^i] ]Zg&AhZchZY V YZZe&eg^kViZ hvyczhh&vcy ^i igdjwazybz) KdbZi^bZh&i]dj\]& l]^az AlVh gzvy^c\id i]z l]daz XaVhh&^[ d XVj\]i ]Zg ZnZ&V l^yz \g^c ldjay iv`z dkzg ]Zg [VXZ)A WZ\Vc id cdi^xz i]vi h]z ldjay ZcY je h^ii^c\ i]z XadhZhiid bz Yjg^c\ hidgn i^bz&dg A#Y[ZZaV hbvaa ]VcY ha^e^cid b^cz dc i]z "# >7993EE eavn\gdjcy& dg h]z#y_jhi XdbZ VcYhiVcYXadhZWZh^YZbZ l]zc A XVbZ^cid ]Zg XaVhhgddb) GcZ YVn dc i]z eavn\gdjcy& >gvcxzh\di V cvhin Xji dc ]Zg `czz) 9[iZg A]VY igzvizy^i&]zg l]^bezgh d[ ev^c \VkZ lvn id avj\]izg Vh lz Vabdhi adhi djg WVaVcXZejii^c\ ]Zg idgc i^\]ih WVX`dc ]Zg) O]Zc AX]Vc\ZY i]z WVcYV\Z[dg ]Zg i]z czmi YVn&lZ Wdi] avj\]zy V\V^c Vh lz [jb( WaZYl^i] i]z i^\]ih) A hvi ]Zg Ydlc VcY eji dcz d[ ]Zg dkzg( h^ozyl]^iz izcc^h h]dzh dc ]Zg az[i [ddi) :ji Vh A lzci id eji i]z di]zg dcz dc ]Zg g^\]i [ddi&a gzva^ozyi]vi ^i lvh Vahd V az[i h]dz(ild az[i h]dzh) ;]MZOQ^ bm^ bqm]uzs_b[ XQR_^T[Q^'!;Vc A\d djih^yz cdl& Egh) DZ\\Vii8! A]j\\ZY ]Zg i^\]i& ign^c\ cdi id Xgn)!KjgZ&>gVcXZh)! L]^h lvh idd bjx]) AXdjaYc#i hivcy ^i Vcn adc\zg&h^bean ldc( YZg^c\ VWdji i]z avx`d[ XVgZ[dg >gvcxzh VcY cdi Yd^c\ hdbz( i]^c\ VWdji ^i) A bzi l^i] i]z eg^cx^evaid hzz ^[ A XdjaY Wjn >gvcxzhhdbz czl h]dzh(dczh i]vi [^i)!fd& ;^cy^) AjcYZghiVcY ndjg XdcXZgc&Wji i]vi hdgi d[ i]^c\ ^h V\V^chi hx]dda eda^xn) AfldjaY eji jh ^c Vc Vl`lVgY edh^i^dc l^i] i]z Xdbbjc^in)! Fdi^X^c\ bn ZmegZhh^dc&]Z \Zcian VYYZY&!;^cY^& cdi]^c\ Vcdcnbdjh Z^( i]zg) A#b hdggn)! L]Z XVhZlVh XadhZY)@^h]VcYh lzgz i^zy&vcy hd lzgz b^cz) AlVciZY hd bjx] id WZVeVgi d[ i]z hdaji^dc Wji A XdjaYc#i) L]Z bdci]h evhhzy&vcy ^c i]z XdjghZ d[ bn ldg`& A Xdc( i^cjzy id XVgZ[dg >gvcxzh Vh bjx] Vh eda^xnldjay Vaadl&Yd( ^c\ bn WZhi id bv`z hx]dda hdbzi]^c\ hezx^va[dg ]Zg VcY ign^c\ id \^kz ]Zg hdbzi]^c\ Zm( igv [gdb bz) :ji avizgi]vi nzvg& V bdkz idd` <^X` VcY bz id Fdgi] ;Vgda^cV&VcY A]VY id hvn \ddy(wn id i]z a^iiaz hvy(znzy \^ga^c dkzgh^ozyygzhhzh) Ac i]z nzvghh^cxzbn ldg` Vh V izvx]zg#hv^yz&bn i]dj\]ih ]VkZ d[izc gzijgczy id >gvcxzh& VcY WZXVjhZbn XdcXZgc gz( bv^ch& AegVn [dg ]Zg) 9i i]dhz i^bzh l]zc h]z XdbZh id b^cy&a Vh`?dY id ^cizgkzcz ^c ]Zg a^[z VcYid Wg^c\]Zg ^cid i]z [jaaczhh d[ Vaa@Z]Vh [dg ]Zg) Ahi^aalVci id \d VcY [^cy >gvcxzhvcy XVgZ [dg ]Zg&Wji i]vi#h ^bedhh^waz) HZg]Veh ^[ A]VY WZZcVWaZid Wjn ]Zg VeV^gd[ h]dzh ^i ldjay ]VkZ!\diiZc bz d[[ i]z ]dd`&! VcY A ldjayc#i ]VkZ XVgg^ZYi]Z Wjg( YZc [dg >gvcxzhi]vi A Yd) :ji egvn^c\ [dg ]Zg ^h hdbzi]^c\ i]vi AOMZYd&VcYWnejii^c\ bn ]dez ^c?dy [dg >gvcxzh#lzaa( WZ^c\&A]VkZ Vc ZmeZXiVi^dcd[ hdbzyvn [^cy^c\ dji ^cizgkzcz) 9cY l]zc Vaa^h hv^y VcY YdcZ&eZg]Veh A l^aa ]VkZ YdcZ bdgz [dg >gvcxzhwnegvn( ^c\ [dg ]Zg dkzg i]z nzvghi]vc Wnh^bean gzeavx^c\vev^gd[ ild az[i h]dzh) + 8UZPUAQSSMXXU^_TQbURQ[R FZl O^cZ#h QPU_[]%9UOWAQSSM ' B9FL9IP -540

35 AJ== AK DXNVMIW\Y HWYMZ Edhi d[ jh VgZ dcan Y^ban VlVgZ d[ i]z edlzg d[ djg ldgyh) HRZNT`:P <GF OZ ]VkZ Vc VlZhdbZ [gzzydb id hezv` ldgyh i]vi XVc XgZViZV ]Zaa dg V ]ZVkZc) OZ XVc hezv` ]ViZ[ja& [ZVg[ja&YdjWi[ja ldgyh6 ldgyh i]vi ZcgV\Z&idgbZci& dg YZ( ;O^WYMZ^NYN MWTTJYZ% ^N ^W\TM JTTKN URTTRWVJRYNZ' higdn6lz XVcheZV` ldgyh d[ Zckn VcY he^iz6 l^x`zy ldgyh i]vi havcyzgvcy WZigVn&VcY ^c i]z egdxzhh b^c^hizg YZVi] id djg( hzakzh VcY i]dhz id l]db lz hezv`) Gg lz XVc hezv` igji][ja& \gviz[ja&_dn[ja ldgyh6 ldgyh i]vi Xdb[dgi& ]ZVa&ZcXdjgV\Z& VcY higzc\i]zc6 lz XVc hezv` ldgyh d[ [V^i]&]deZ&VcY adkz6wazhhzy XdckZcVciValdgYh i]vi [dg\^kz& gzyzzb&vcy gzhidgz&vcy ^c i]z egdxzhhb^c^hizg a^[zid djghzakzh VcYi]dhZ id l]db lz hezv`) AXldgYh lzgz YdaaVgh&lZ ldjay VaaWZb^aa^dcV^gZhWZXVjhZ lz ]VkZ YV^anVXXZhhid Vc jc( a^b^izyhjeean d[ i]zb id \Vi]Zg VcY hezcy l]zgzkzg VcY ]dl( ;[] [`_ [R _TQ [aq]rx[b hvnh&]z ^hvezg[zxibvc&vwazid ZkZglZ X]ddhZ):ji lz bjhi gz( [R _TQ TQM]' _TQ Y[`_T `ZZe ]^h l]daz WdYn^c X]ZX`! bzbwzg lz XVc\Vi]Zg [gdb ild ^\QMW^!#B_',-5./ C>J$' $BVh).5- FAN%)Ac di]zg ldgyh& Y^[[ZgZci hidgz]djhzh6 lz XVc bvhizgn d[ i]z idc\jz h^\c^[^zh hezcy ild `^cyh d[ XjggZcXn)OZ?ZcZh^h X]VeiZg, izaahjh ]dl bvhizgn d[ i]z l]daz ezghdc XVc YgVl djg ldgyh [gdb dcz?dy XgZViZYi]Z ]ZVkZch VcY i]z BVbZh \dzh dc id hvn5 hdjgxz VcY YVg`Zc i]z YVn Vh ^MUP^i&VcY ^i ]Ve( b^c^hizgh d[ b^hzgn& hegzvy^c\ ^\[WQ Vaad[ XgZVi^dc ;dch^yzg l]vi V\gZVi [dgzhi ^h hjhe^x^dc&[zvg&]vigzy&vcy WZ( ^cid Zm^hiZcXZ)?dY#h ldgy ^h Vc hzi dc [^gzwn V hbvaa hevg`) igvnvaa^`z i]z YZk^a#h dlc \Vg( ZmiZch^dc dlc XgZVi^kZ L]Z idc\jz ))) Xdggjeih i]z WV\Z Vaa dkzg?dy#h XgZVi^dc cvijgz)?zczh^h VahdiZaahjh i]vi l]daz ezghdc&hzih i]z l]daz l]^az ^czk^ivwanhd^a^c\ djg dlc?dy bvyz bvc dlc ^b( XdjghZd[ ]^h a^[zdc [^gz))) $BVh) hdjah ^c i]z egdxzhh)gg lz XVc V\Z VcY a^`zczhh)l]zgz[dgz djg.50(1 FAN%) YgVl djg ldgyh [gdb i]z di]zg ldgyh idd VgZ Vc ZmiZch^dc d[ hdjgxz VcY a^\]i je i]z YVn Vh djghzakzh&]vk^c\ l^i]^c i]zb Fdi^XZ ]dl BVbZh ^h YZhXg^W^c\ e]^avci]gde^hih d[ ]dez& hezcy( i]z edizci^va id Wj^aYje dg izvg i]z Z[[ZXih Zk^a hezzx] ]Vh&cdi ^c\ ldgyh d[ egv^hz&zcxdjgv\z( Ydlc& id XgZViZdg YZhigdn) Fd _jhi dc i]dhz l]d ]ZVg ^i&l]^x] bzci& VcY [V^i] l^i] gdnva ldcyzg BZhjh hv^yi]vi dc i]z YVn ^h izgg^wa Zcdj\]& Wji dc i]z ZmigVkV\VcXZdc ZkZgn ezghdc d[ _jya5&gbzci bzc l^aa ]VkZ id \^kz ezghdc l]d hezv`h ^i) O]Zc lz lz bzzi& Zcg^X]^c\ i]z^g a^kzh Vc VXXdjci [dg Vaai]Zn ]VkZ hv^y ^cyja\z djghzakzh ^c Xg^i^XVa& VcY djg hdjah ^c i]z egdxzhh) $hzzevii]zl,-5.1(.2%) VXXjh^c\ iva`& lz hzaydb Xdc( GcZ lvn egdbdizh i]z eg^cxz Ld Xdch^YZgl]Vi ldgyh XVc h^yzgi]z YZkVhiVi^c\ he^g^ijva d[ YVg`cZhh VcY i]z Zk^a `^c\( Yd&id XdciZbeaViZ i]z edlzg d[ Z[[ZXi ^i ^h ]Vk^c\ dc jh) =k^a Ydbh d[ i]^h ldgay6 i]z di]zg i]z idc\jz& ^h V hdwzg^c\ ZmZg( hezzx] ^h a^`z V WddbZgVc\) OZ lvn ZmVaihi]Z Hg^cXZd[ HZVXZ X^hZ)L]Z a^iiaz Wdd` d[ BVbZh hezv` ^i dcan id ]VkZ ^i gzijgc id VcYi]Z `^c\ydb d[?dy dc ZVgi]) YZkdiZhVc Zci^gZX]VeiZgid ivb( ^c[a^xi i]z \gzvizhi ^c_jgn dc 9i azvhi&i]vi#h i]z lvn AhZZ ^c\ i]z idc\jz(i]z VW^a^inid djghzakzh) HVja hivizy ^i _jhi Vh ^i), Xdcigda l]vi lz bv`zh XaZVganVcdi]Zg lvn)!<d cdi WZ ^i XaZVg]dl XgjX^VaV bzbwzg d[ YZXZ^kZY5?dY XVccdi WZbdX`ZY) i]z WdYni]Z idc\jz ^h5!axvcn( 6 YMZ ]QM\^ btm_ TQ ^[b^! 9[Z 7M'"gTMYU^OTUQRQPU_[]UMX O[Z& dcz ^h czkzg Vi [Vjai ^c l]vi ]Z $?Va)152 FAN&^iVa^Xhb^cZ%) ^`X_MZ_R[] FZl O^cZ) F=N NAF= "$

36