Supervisory Body

Securities & Exchange Commission (SEC)

Name of Clearing & Settlement Organization

DTCC - Depositary Trust & Clearing Organization

Settlement Cycle

T + 3

Name of Central Securities Depository

DTCC - Depositary Trust & Clearing Organization

Commissions on Transactions levied by Exchange

None

Taxes on Dividends, Interests

US Citizens & Residents :
Dividends, interest and short term assets (assets held less than 12 months).
Capital gains are taxed as ordinary income (up to a 39.6 % marginal rate).
Long term capital gains are taxed up to a 20 % marginal rate.

State and local authorities may impose additional income taxes.

Non-Resident Aliens :
Dividend and interest income is subject to a 30 % withholding tax. This tax may be reduced of eliminated if the
non-resident is entitled to the benefit of a tax treaty. Capital gains generally are not subject to income tax.

2007 Share ownership thresholds (%)

Short selling (Yes / No)

Short selling conditions (if any)