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SPIN

07/28/03 4:28 PM

#1006 RE: 24601 #1003

24601

are you comfortable w/the BofD's recommendation of extending the 1994 exec compensation plan?

do you think the BofD would better serve the s/h if the seats were staggered?

do you find the $174K "totally unrelated to performance" to be good corporate governance?

tia,

SPIN