%PDF-1.6 % 1 0 obj<> endobj 2 0 obj<> endobj 3 0 obj<> endobj 5 0 obj<> endobj 7 0 obj[/Indexed/DeviceRGB 127 8 0 R] endobj 8 0 obj<>stream &H5)4,vƗC;TolW:3J4WAwvsfgc3F8UcYzぇj鈅yBTFXXYHAY܉HDH*Q:6(ɿw>6P5,E~oxrzx^UPZt^i@.ė5O=PHWԅhsk[kac]ġ劑eVVLxzALAldmb`WڷI\O'@1x}woniפrntˮNNHтo{t璑=;?~||줡Б("2/*:¹:0Lߜ41> endstream endobj 9 0 obj<>stream HWCЈ$UB$ H[[T.kQN[`SoYwLg?ao87wo%OqpSdfkpb$Akݴlyif B'@F -_9u2eUn-ҼyN^DRW7@lI%9~v 4-걓_XS>G6F:L7hjK {Lͨ,.#VD5Hd2vm«;''SY)|6e䘜߬'( W\5i-ZO4B&x0GuXRy)M'h}/&xTNfjIJr|4{_C3&FZ'tUzZPH4h nYAcȐDh"Ե!("TAe]_Kv8n:nO]ш1S7d"|kNCx\Łn1j7N5E.-dž:II>2$ KD|e+Č[wOG0u Pac<p6`AaQp3V=) 3 !)W. Tw!v?yb.8KAQY@xVEpR@H`DpF+Z?|{|:P-$cVj#H;jaߩ*'[p1*Tvu-̈"YnGCr$|ZUh2@i]:D\pԽ׌o 5<奾2 ` \w|TU-ơf P=ZiZǬy`1v -F0=wߤEYXRb?M|^c,n*@%}ݮ]%L ĦI{o/nƚYjX2tA7!eNQdENHRY){=djA[׿[}8+Q+C(5[XH$0>Pק A8/RY&r ܯKr:WV|vXqpnunIUp^7Be4vob(FA !tK^:_+m,> LT^ʘ[[A!Z x86هGu>~1p)2/ ԧqsԬw0P 0aV-'[V=ѠeNv5l'[^..tR?ʐDé$L8j&OqQ#Asg?:  ͟t:H;+L Q yl: E`x\ۑ0XPn(u4`-B־Ϫ$}- >Vy ԭ,t <ŦbOq1Jyī\ nn SlGAFeW5p F Gq`[ ZWiVfڅMo~ide 2WTy4wY̯ҏk)x+n0˦M/8[j26ȉy-!%1ȊvYHwۡ)̽ԛ~?moM E^O]iwkGkώ߿_5yEɳǧ5-S=d^^Yp"<^FZ^^o%u0Lg197f>,U)u!g,[gŅ~x&|WƦⴄcRzyT^}|n`}ֲ|W?8wG!^9˦kmq͞lNt?U' Kz`% qg!.lBlmEl"㰙p|{9w{ln]R._ߗ__ ϖKȀ>8i*7\3'6c !Z@2ԒzS9ZcR/%Qm ܱϖ?CX͂\s8T.:oݯE 8@;=Tynj& 0W4-MQ،]aRkZ|!uXii?w7]JaL+^eQMċ#1]2WȣdbY.*?4 lkG^8p ckjBg;Z؏=C^0K] yT:lv9wslw<8-Yؑ*zu?"fTw ެ:74m\F~HtJ_x{dP%`)NE34DޯmȫtgvGqtu aHH8MTD'l=ae )d Z&s8 A pǝj =@W J@ӰjǤ?䲔U$P!ǔ=~Jq>@>0f bB{t(ǣ68 _ d*ʲXv3/w> X-/A+U gv}ئ}aS!WT?_2 |,z-D:[IܜLFpk sS\vFnp CUah_sƶ`'\Ls2pAƑ ϽT,ĵfy:iH&2__V<7TEC$;3n"m  lb)/o z5~e"AJ 9\n8UGyΩ`9\1 fAܰfQ6c#R%"L2~sؓ謡"ݨA@Fna֓R6bRx Ȃ{/뙥#`I(]2y Eшei i0Q0~(H3My΂n5D"v~N޻s en!В/mI>{Z %nTayw=rדTϝT͑Qk*+H)V8&lpu ykɎj͐ڟԵns( h7SrG}>vͷb0 ޷u=_棦R _n* [2xb3SɃ ze†ԣ=a}FaLճ ojCǽq`NpJo;LDd7zBU uQՙb?6\*r: ~m\22笺&ZH8$K8k z0]ud*T~ ֭xg!NEbkXi9yHK/UNc>sM:dR*m#*4ghj{R^Lc?ZfxEIIc28IW,+LQIqw M+Fp7G痶62 ڽccNtoStg8x[ti#B> endobj 13 0 obj<> endobj 14 0 obj<> endobj 15 0 obj<> endobj 16 0 obj<> endobj 17 0 obj[/Indexed/DeviceRGB 127 18 0 R] endobj 18 0 obj<>stream :1LA8Ȑ'I53WAźjhRz󩧥xwv˨geb'Q:4&4I:NdQqNIcxG@YFH9XWVڐEFE669"6+yv_}k|CVEi陙E0XUH4Q>z)<1w}ܚg,%7_^Vokg3*B#)&폌x{SGVZioj`Yc!@/ۥONI?:?57.']g`upqr&.}~LWOepup1`C"keoxΔ4A5ߌ$#"Ԑ//.}|zt endstream endobj 19 0 obj<>stream HWBbEHPHdP -g+QꃭÞū ૭d&|^>PK 7}c07,y'2_xvPLAm!҉}V0N:h#2×HO׽ڋNC·L뗆O S2D;=)Iw>{0EB87+m2T믗~wTاu\_n-<z:PZ[= 5^Goc'EI,gӢūѕ0R}qj}8d.S{9TEOcb 4xCNuʍ?.VBCHfTgu9Oc q2Lg|g MS+}*6ƕu#S7ڇ} <@W@˱Ҏ#WDžoܵÓw@L2n-]KuMaa>M at1ðPa@&4 l>F7.CmZ44 eOP v6h@m!4lcŲ bT) >OA0c*")i":paPx˲fR_|vg2Z=c-۵I#,N>cYQ0JugAC.O.G1u<@~8MVaM` v_`+Ҋꍯ0e7י"4$wjg4ݥJPI(X>y(@)6L@# mN$ZM)UmFx@΄ⴈ"vrLb]8 !,(Ŧ _1, }˻I&蔓qZD7О0p҈3 EO!yAYqu2sxeYDW",/nUr̟8Ϋ/!{]^6ZauXPd.6jB1 $I%qi|{c.*^23+!˛;҆ZB<ԒxYB#dQT zFާX,(~aEz`r(bs`PK79-ժ( BmJ|̶g9nCsX2gG<衊O4A:}&:8Lr516jBT!|eծl*K HtKeHy=C1zddSԼnn:bHvpZsv%:__ L#/Q`8 SEzSKd[ҳb̒OGGLAU;SE 9JR>jpP2qf֣ۖzVՐ0KZ怽\51A 6X-sQe(\g2SDd/^b/j}ȣ ν']obA`ƫsh0b47cF ONγɢJǢ ^9d_c䄭.l;Dw0U$ {[L)IO6Ly=78EһŖ5L1כD{!e~`A b6BO3YiZf%,)OOPtŋfs"M)*@ _ 0u8J@ Hjss"R=L٘-lb cF~B1 g[[*NnI,!նڃв:ng-ka IoMC.Wd/P5[^ٰABm8DЍB{H0R{o1{<Ǔع?U6EC1@E'!%D4V DAǪ1JsEei**7u>/9TZ'8М9b$s/Hŏ Vd䚙ht?R왪p9 W8p3qLM4z^.'dFlФyvGC2|f¡!2qZ(vE6唯Xd}nbw"2j]Q ?a߀5Z˚7YӬi֓}ֶS-ٹYĖ'D;#4&aYtiZs~A^x79ih!ȯkwd23>?3ٯ ̜љ|=|,T> d =m0*Bޕ1"wtBkfFR13țW0d2K2,sbV7JTx xQT*<]?Wń3nIUMUqwB0b6)\^ [u( %SmG;5;0rB2 }miG\jA=/bRZ;Edh3xE+((LM~('= ڭc :bYSS7WZ =ITi a/:Dq|Ϲ3VB`G*+KIialu}XFUבPY;ePr-#_˙ Aup>$W\(b .fNJtyΧ|̈*]nLk]lt|KaLz tv$xX= 69#5c*]y/8Yul5_U DGs.&?wV>2MC˼O(ܳVC,@#ΩSl"!5aZ/Di>n(YIY3 @ re"$+f\;r_O@L3zp,OthW'?dʼ{ld_}('¥iNf =yy-쳭Wcccsy4$~PH4NRh> b` cL^a?g7sIxc"vҩɌ1PZ6BN;V${oZoSd$_Z 9|"tXu/ KzɏE?"RHC"#8U35Yv=')Dca˽ԱpF^>B9ܤJByJPNcb,m|ۚ۞M8N9:+ J Nzҏa`w)¥$iYpN7UڕEh 7;=))h PezN{KFqD$3k͵N]KX5WN&.׃?-ސo]x0F $^q׺z@Cw 9G](TyU@" BA12}`ua/$xBt]f j&[ܼ<5 ~$]Vy ;ęm60 xJ+mp%,U/SB=Ҽ*iY%pTy Fn6 ,WW==,rqGpw$a/QsBX͜,*}D0 Βg;7wmCt976$֗uP|mm|THn'mGgS_s}rx%f!'W=gbh\t^`9Ÿޯ,evq6lsҟE\sb;>5Tls7>$S.(FE001w}24aa9\6W^/$N?~4ft% iF>ؾz蕡bґQR| \8cmwC&#AzwpFɤ+џrvq1X(۸$:]ufs}gE@ٻ*HI)1m;E.a\닋/wS˸XBp* ~ 33ςP/KjYH{n 8zւTֿ{*^ϵ2p#I%ڐ 뵵ڭ]2NBbeґ׀by(KնloSZ<;Eq=PH%ՙ-^ǖ.B,sS_u[4(:_ώ:V)OVБ,WTp`DW77L[}S(誚EF3acwd;=|jJ.}x\,dg//d93K>UyOuq.SW(&10U9sW'x\OlĽЖ\0kGQRt$>,ml4!\TZ-3RPܯQ&1nu% F6 F)yLU_SaܬdW6ߕ.HgrJ^ &dA>Lj4JF+$U*B+wS߉ b6 q1rgfWcqv>6 XUY\lWA[!r slVN[bP1%!xRb Bj1ÚũдF}Mtf! &fj1.JI[Zנ]u&io4 Z(![c'aYB:Nڒ{<|8 .Bf:N&׻OK;Nt) #gmnf";>[fkYf,E=ZLKA?wRPcP-I6hmPr:ߡOy1nnDD=uQ8Fq^%=,c—TPIyo݆T'ϭ@"k:x UTj͂`o{rVt̋I< `RٓB:\E:C^=E{jxq%|9x]y&J~x0Qj[o) ?(lP=\?lz={79ƓɓU ?UxRERZhZUĉyW6 k,\cF` XMU 6O!0~ܠҮ H֏8̤Δ=Ħ3Wێ9QJVua8j[t뙌<]N #Sj趥CXľU_LNJOmY=p( !lX_O5|]G- BU 1H%7˫w۔ormYLX%>\2MZ#˶6ُtYuQyq@^'(–X9 5a C򶷇c̘yx́H4.6F|g߼rv3e_gg6+@%=썭i!4D0*vCc~;ef꡷xZ*m8Wxݿz<:cU>  =[HWM:H58].4ḨmH@R.⢔fk{0 b.'~ t8,'/vz$;@lg$ prxax u,S`I6I=`ciN=B󀻙Lz~>$Iջ4{"D6v#K,Cq= $C_Iԫ8tYPpHD!}Vt*Dڵ`qoDZ*d:[S/ʒ Lʆ1 *)vC.>C1p\?jzv1T\OچЮh6Ӡ*=BD C*wAT $ޥR (*eS{LNym7$FU4)(1/?>JRla, fWd$щv`Kpxa O$,U,b,i: RDV@oa0>B1RiNEQ}ZuCiBjrvd_9mߤx2n;m"U3ePDχyvFgSFĢO~ToFOP؟)O'$6aƢPx& ^zg`rјnlA89eº"0e #7bnٯ"$( [`Gd endstream endobj 20 0 obj(http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981y2482102.gif) endobj 21 0 obj(jyq) endobj 22 0 obj<> endobj 23 0 obj<> endobj 24 0 obj[/Indexed/DeviceRGB 127 25 0 R] endobj 25 0 obj<>stream C:T'I52WȂþnlTy:3Ixvty'R9gecWVVNIcq6G;QcV6,E3&ْΪGAYx|gFGFEG:>5QE0!8+888xu^XVGCUE⇄i㛛x~4P<`^T(<0*$5rplg#)%܉]gi1-;bpgQFR]g_PNHw"A0`ZaL[O04.'{~{ouq#*@;?ݣtpq~~:.M1&A!/B4zy{mmm8_F¥,,- endstream endobj 26 0 obj<>stream HWeEBXfRB$Rh_i(GVϥB=⹽Ǔ7 ޶!0|LhB;5׃g?y=}w8Q6P\-\+ mR>=_FoorW8`H u(`$')WQK_p.mnx}OG(`E&ceL@̱+!CfpvMhR Ԏ1OiGtD7+u;51!v1S!">'U̸iB:]QG~>@1Wwݮo.hc7>8%aM"iȶ=2V$ %Rw>KKBJტh-q/@88o!|`$}Oxd7ݽO1{T -ⓥ>I -L,ңf!yhZģ9oܦwiakM߈b BJSJ]})d{*#@ɁcU@.3F6] UFy4w6?qu:_}B`d YϱL @jH"O]"pSR<<gᮌ(V3-dVRV)v|Ms K/m|ozZgZȴFs`ˋUuܾߴCP|EN.{iI@T<[ z whY/Mt)] ɘU&w~_A Q N]P,W9|M%8'آŢ=uaQ~$B):nb;\+KNԤ\Lf+<'iR.SJM25_("9q錵⍂9nE yV13ڒ21Mꅋ&G?Oq-#_(g=(FdeYaDfeKωͼ$,Sǘ-vx^bB+-Xr2CpLeP@RO\)/ xH< )@+nPU*(j%]bJZ)FbO)pFCla>$0M-({ݢ D~Q S 9wpժ=N0|QS=Q5] 6 dK&_.oJt~AbR+b"Ua CrPl_5tǃ)}% :]b xL_E!8WW@!׷~`){ ޸>]5eni; tXL |xH#4mJ;Ev6Q,IVx2IJzRv(۳Lbb!GH(t~ޔi_B }+ uh Kʲ5>9 (>Ł.W7cŚ k)iПE:dV~7 #5K3?ޜwF 椷P(!oSH \wēd'i /~6K#FPd&;lncUC) 8@ߵ`eVclm C9wٸsU%?EW}8CzYCG=Bk`(Ƣ`R3Flj6a_;jRcm~zKvN#Q4'ecMtFwF G5!r raӯjr#yi}g)rdZeKJdK1 Kq2mȧWc'o YOs ~}c Yz4ħOwpeC'H j[EN ĠXشZ^U#DVak:aY&{ˬMG674b)ҙM^9E22G`O M(xVЬf2BEAlC׭p4vf/p4R0]t0*yGV=mx߸~_-&Shze^ֹ|ȝR((Tp*A `G`2#N iW$P/%FNuѺp l9u}/{чSHS(eř׍RhZ<]sFURc ̫ܿU9zb7 xN׳1l (V\a9g+Z2L x DAev r{_{ot]PGO6[n/(R 8bNi)Yuzs[ F/yO&tPCg;oRQqJ  KLde0V`';/ZrYikkI.K.]OJ)7)*{?MӲ)l!̂5+QvS[9wyGs9m->n.E!Ҳ̔?BQq"[^eĤt}p'`aݢg-`K|bpQw7;dt=%0p(JӇ3QUj~aVVJvs;ryN]}dY fT26GQ)5T舊Vt(pb{IV,@]4{<{@A%wE:r8#I+1%MMޘ0/&DT~oYzq *LZY-5DfGDƸ}FrONibsZ\{0#ZT ډ bL͞ c-1)˔7Өctjܑ Q,9M_GO.(ΜnnF`>DN4:=$H4|;d6)e,+tB0ze rA,)Wa/Lj ֠G3%G$l @izMx$=H 7dORPU&ƄeYV߽ &:E1fYPkJ&O 2'>+OɄ q?r{\IbL1:bIRRR$)ч}HW)3kY/x~x8@b; fp+lWT=( q" ru]%·BpkČr\v#' {>AEeaP}|tٿIF=WrcO'aٸ|<,&D&<+GBFRL5Vk} ]G/XVUphZ"3qt}Ia۾f2G;ғјւ ,DXa~F:GSu(JL:#ˎE:v f Yr^XeM!hL5a)ʉX%SLvӡY <Ú ҢlFH݁geڀQ6h˵uR1OmWpzHUZ ,,|ӊP^yΫ釫Wn}A0MDS0!Q>y~#@JD^SxrԸ5Б#'E}i7A3SI|^t]_\ajDm8Ϥ_q ;J1HwB1mO+; k h8U.@k ˪Cގ)w|k> >+v *OQ~FҩYKO1]A9cp cF4ZrmU`hr6h]}7ۥN$`x7:Y7L!8hRhL ׅoAξ)Gq =3\W_j b m5T, 4By]0 K迾D廉HorΜ9]ADQ"Cg!r])IlWR8^ z}٪-|enP]덴+qP1;Wr&M<)P$Mk A_ѕJ^rn\ޛTFK{ѶuoO6{}䋈]sʉhyU/5UW3pZZa:~U:Ho7z!"Se,#lUO2@!|T1.*B{xK-RRw꭫V.emX9DqٽE*s G@fd3"jdbL3vT%I<,|eIR I l1נ`Ey50jzQSټҸCF` +K)4YZTFղNRL&<>'H`We:-L>Y-0l-eTV e:>'KPct $"I EQ뀏^Zu׀?Ѣ H_bc@/!M/(=l*Y )tUѨ03<|(AZ.Ol5!z{þ LfU2Ov߯('S+ ? 90^AY‚0Db0 񇌶:@V;,˞v0"<7;Onr`~f\|Z_ LuuBvD8Id$@u}_Rٮ~ *?uܭQ猷 Xu t>'jI_@-J˴@ OXώt.|lT }sfu UbilY]XbPg$f`9\žT%5Cvd ]}#_i{ߖh 8lZ7zQ<qz9xd+ɢ$oB2 $^9GtzJ˳Ksp@XeX?K+ ~j_Vحo(ü)\E<dL`'1!H+^9FSdEsZ;%iZYUysZŻэS ׹2:d){lOE4")E֓H 3tg?A=JϡB;]DeD#o}(ݐ܁_>ߜ?7/cDu#hUS!!8)oCafgFvDLtg8ɂ\! `̌sidy9[ X#'>Qyp%֠l*9k `;i\ץЮK;E{]{g߿#O(k3Ι0"Iܒ2{SlWǾ.ePT#>BQB˫=R_l9N&'NǦIN皓K=ЛSO&/mb$ zAA|It;YlTmrDaW܎>\Q4z9(k]н/եS =d(Z#? JLm +lgG'#D̍P3'k `!ɘGoLC6HttXV5ϮF3w̩J_$=Om o{@͵!<ȱEAZg_9ihcCW|07nv\U?J]*zn.kgG'NcK'5daΨe濍_8FgsA:VcRD`oT2 4(xDj'dfaz[9$mU<[^^ڛ:! Ng4 *>!FL+PjE}SY4ߦbF0> )p,DwY/q+F{+HIb@v 5)THFz[xtFlr'xD* _ˀONRZ})-̝ 'pc|tY%y* ^8< uCmē'̪,h'YñNpOTdֈK֚${ ԎO? F zy,.Cp0l\n ^HR!sbJDhvo5|bRYF^f$6lKj`(0 l04渓HI2AeҊ*,*qߞ&JKI2V kM:{ꦯӻ{swQx26u@I"/5TUSu;Y?[-;{o"m>!1)ϾY4o $⮭eTԣ-"& U?"HITt:|=[ܬ.C}-gd99o[m8he-2Q=tET[L,Y?o_vMǬ\{r sƞ{odoO^{;/'.blɨkezv |oɩٌ̽2)99x ;-wӘE1}Q @]ȃ#vqEml~_7l /7/&c;L"p;~n!FcU;By*IzA$Nx~W2ގۈL3oš%l 6۱K]a ,0FDaTGF Jt/CM4,K(6qy6k6aLЈ'O5e-"Hj,˜n(_9S,#˞{^orCw|T.GiW{mȦj'JXyQgo\(+9y%UMV{9,@oV5kJY#f ۓnHG|-\XA&3IrT#crEneZW#߻ װ}԰ie"sAjs?^5n?IӨ}WE(FOlݻ{p=LHǿ |i0X+!ՔiXЬ&ɎsKaS-@;OP41Ȏ*޵C3T?,ae>a#~ &;JT em,U<( !Oa[H-F#~~M-Rc^CiQ [q>衭mX_&2 U7`VrPZ1سI9.#f 9HGAbk7Z2n +;lOba0U,Z˰00^G;׊(dX{Y4Aɣ(oX.yÙJůߺ3`Y˦EmҕĴ~ XY=l~0}w-s__טA UU-#sfC2tjLxhrlJwE_DY[ hKĵuкrI x ]JZ^l BrI]!]XŪbLu:_g[}=uBi<<߇,fE@.,WԦz $\rI {ByT UWjTUKk2[W+-Ox 4VB1 .>.ӀPo˙0afڄXi6Juv})ObV ǧ(%oۓph)8e5-zA|F/b nmk9O+ѝ~{ĸszTB`cT9SIBLFLg?,Ⱥv3fW1P?唘"1_jKo=,5;ȌĻFtғ -U /skՠ'?}Z"0mS2O췭'vS^7WeUåDH1(Og9ނbp:PQ;~`*G7: qYdhL%rְͳAU32I1/AVa8!;U]lǸt2|KbS*+IV;th/Qܭ f ӌzT! ԏk9DS`;|@E.&XqߍҳmX#ر U$D^L]v>   &mjdP#Uy E<*9! 6vd-/,nb*T1V @Z´FrU]pҧɠ,'IwCULdQc*aS HOu#rl0 \HHg;`D0:-T^32n%BI,\I|nJ ^86!]|M PMV'%bTɪ2+[QX` [Q[2|KWFT5 e#Łٍ̈́9@R̒'Ԅ©{C':R[-'=;s2yc;p'G7F( ףr{údG?zB1tE2IggBCqaOLqE<6i\%0B_|GᾆQ ~ endstream endobj 27 0 obj(http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981y2598101.gif) endobj 28 0 obj(&xNkɅ]EU) endobj 29 0 obj<> endobj 30 0 obj<> endobj 31 0 obj<> endobj 32 0 obj<>>> endobj 33 0 obj<> endobj 34 0 obj<><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><>]/P 33 0 R/S/Article/T()/Pg 35 0 R>> endobj 35 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 36 0 obj<> endobj 37 0 obj[34 0 R] endobj 38 0 obj<>/ColorSpace<>/Font<>/ProcSet[/PDF/Text/ImageC/ImageI]>>/Type/Page>> endobj 39 0 obj[34 0 R] endobj 40 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 41 0 obj[40 0 R] endobj 42 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 43 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 44 0 obj[34 0 R] endobj 45 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 46 0 obj[45 0 R] endobj 47 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 48 0 obj[34 0 R] endobj 49 0 obj<> endobj 51 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 52 0 obj[51 0 R 53 0 R 54 0 R 55 0 R 56 0 R 57 0 R 58 0 R 59 0 R 60 0 R 61 0 R 62 0 R] endobj 53 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 54 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 55 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 56 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 57 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 58 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 59 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 60 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 61 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 62 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 63 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 64 0 obj[34 0 R] endobj 65 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 66 0 obj[65 0 R] endobj 67 0 obj[63 0 R/XYZ 0 760.492 null] endobj 68 0 obj[63 0 R/XYZ 0 185.367 null] endobj 69 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 70 0 obj[34 0 R] endobj 71 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 72 0 obj[34 0 R] endobj 73 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 74 0 obj[73 0 R] endobj 75 0 obj[71 0 R/XYZ 0 350.951 null] endobj 76 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 77 0 obj[34 0 R] endobj 78 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 79 0 obj[78 0 R] endobj 80 0 obj[76 0 R/XYZ 0 760.492 null] endobj 81 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 82 0 obj[34 0 R] endobj 83 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 84 0 obj[83 0 R] endobj 85 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 86 0 obj<> endobj 87 0 obj<> endobj 88 0 obj<> endobj 90 0 obj[34 0 R] endobj 91 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 92 0 obj[91 0 R] endobj 93 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 94 0 obj<> endobj 95 0 obj<> endobj 96 0 obj<> endobj 97 0 obj<> endobj 98 0 obj<> endobj 100 0 obj[34 0 R] endobj 101 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 102 0 obj[101 0 R] endobj 103 0 obj[93 0 R/XYZ 0 760.492 null] endobj 104 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 106 0 obj[34 0 R] endobj 107 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 108 0 obj[107 0 R] endobj 109 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 111 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 113 0 obj[34 0 R] endobj 114 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 115 0 obj[114 0 R] endobj 116 0 obj[111 0 R/XYZ 0 760.492 null] endobj 117 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 118 0 obj<> endobj 120 0 obj[34 0 R] endobj 121 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 122 0 obj[121 0 R] endobj 123 0 obj[117 0 R/XYZ 0 760.492 null] endobj 124 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 126 0 obj[34 0 R] endobj 127 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 129 0 obj[34 0 R] endobj 130 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 131 0 obj[130 0 R] endobj 132 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 133 0 obj<> endobj 134 0 obj<> endobj 136 0 obj[34 0 R] endobj 137 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 139 0 obj[34 0 R] endobj 140 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 141 0 obj[140 0 R] endobj 142 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 143 0 obj<> endobj 145 0 obj[34 0 R] endobj 146 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 147 0 obj<> endobj 148 0 obj<> endobj 150 0 obj[34 0 R] endobj 151 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 152 0 obj[151 0 R] endobj 153 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 155 0 obj[34 0 R] endobj 156 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 157 0 obj[156 0 R] endobj 158 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 160 0 obj[34 0 R] endobj 161 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 163 0 obj[34 0 R] endobj 164 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 165 0 obj[164 0 R] endobj 166 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 167 0 obj<> endobj 169 0 obj[34 0 R] endobj 170 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 172 0 obj[34 0 R] endobj 173 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 174 0 obj[173 0 R] endobj 175 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 177 0 obj[34 0 R] endobj 178 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 180 0 obj[34 0 R] endobj 181 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 182 0 obj[181 0 R] endobj 183 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 185 0 obj[34 0 R] endobj 186 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 187 0 obj[186 0 R] endobj 188 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 189 0 obj<> endobj 191 0 obj[34 0 R] endobj 192 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 194 0 obj[34 0 R] endobj 195 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 196 0 obj[195 0 R] endobj 197 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 199 0 obj[34 0 R] endobj 200 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 202 0 obj[34 0 R] endobj 203 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 204 0 obj[203 0 R] endobj 205 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 207 0 obj[34 0 R] endobj 208 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 209 0 obj<> endobj 211 0 obj[34 0 R] endobj 212 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 213 0 obj[212 0 R] endobj 214 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 216 0 obj[34 0 R] endobj 217 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 219 0 obj[34 0 R] endobj 220 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 221 0 obj[220 0 R] endobj 222 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 224 0 obj[34 0 R] endobj 225 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 227 0 obj[34 0 R] endobj 228 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 229 0 obj[228 0 R] endobj 230 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 231 0 obj<> endobj 233 0 obj[34 0 R] endobj 234 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 236 0 obj[34 0 R] endobj 237 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 238 0 obj[237 0 R] endobj 239 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 241 0 obj[34 0 R] endobj 242 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 244 0 obj[34 0 R] endobj 245 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 246 0 obj[245 0 R] endobj 247 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 249 0 obj[34 0 R] endobj 250 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 251 0 obj<> endobj 253 0 obj[34 0 R] endobj 254 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 255 0 obj[254 0 R] endobj 256 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 258 0 obj[34 0 R] endobj 259 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 261 0 obj[34 0 R] endobj 262 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 263 0 obj[262 0 R] endobj 264 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 266 0 obj[34 0 R] endobj 267 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 269 0 obj[34 0 R] endobj 270 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 271 0 obj[270 0 R] endobj 272 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 273 0 obj<> endobj 275 0 obj[34 0 R] endobj 276 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 277 0 obj[276 0 R] endobj 278 0 obj[272 0 R/XYZ 0 760.492 null] endobj 279 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 280 0 obj<> endobj 281 0 obj<> endobj 283 0 obj[34 0 R] endobj 284 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 285 0 obj[284 0 R] endobj 286 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 288 0 obj[34 0 R] endobj 289 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 290 0 obj[289 0 R] endobj 291 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 293 0 obj[34 0 R] endobj 294 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 296 0 obj[34 0 R] endobj 297 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 298 0 obj[297 0 R] endobj 299 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 300 0 obj<> endobj 302 0 obj[34 0 R] endobj 303 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 305 0 obj[34 0 R] endobj 306 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 307 0 obj[306 0 R] endobj 308 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 310 0 obj[34 0 R] endobj 311 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 313 0 obj[34 0 R] endobj 314 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 315 0 obj[314 0 R] endobj 316 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 318 0 obj[34 0 R] endobj 319 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 320 0 obj<> endobj 322 0 obj[34 0 R] endobj 323 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 324 0 obj[323 0 R] endobj 325 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 327 0 obj[34 0 R] endobj 328 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 330 0 obj[34 0 R] endobj 331 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 332 0 obj[331 0 R] endobj 333 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 335 0 obj[34 0 R] endobj 336 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 337 0 obj[336 0 R] endobj 338 0 obj[333 0 R/XYZ 0 760.492 null] endobj 339 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 341 0 obj[34 0 R] endobj 342 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 343 0 obj<> endobj 345 0 obj[34 0 R] endobj 346 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 347 0 obj[346 0 R] endobj 348 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 350 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 352 0 obj[34 0 R] endobj 353 0 obj<> endobj 355 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 356 0 obj[355 0 R] endobj 357 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 359 0 obj[34 0 R] endobj 360 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 362 0 obj[34 0 R] endobj 363 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 364 0 obj[363 0 R] endobj 365 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 366 0 obj<> endobj 368 0 obj[34 0 R] endobj 369 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 370 0 obj[369 0 R] endobj 371 0 obj[365 0 R/XYZ 0 760.492 null] endobj 372 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 374 0 obj[34 0 R] endobj 375 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 376 0 obj[375 0 R] endobj 377 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 379 0 obj[34 0 R] endobj 380 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 382 0 obj[34 0 R] endobj 383 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 384 0 obj[383 0 R] endobj 385 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 387 0 obj[34 0 R] endobj 388 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 389 0 obj[388 0 R] endobj 390 0 obj[385 0 R/XYZ 0 760.492 null] endobj 391 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 392 0 obj<> endobj 394 0 obj[34 0 R] endobj 395 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 396 0 obj[395 0 R] endobj 397 0 obj[391 0 R/XYZ 0 760.492 null] endobj 398 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 399 0 obj<> endobj 401 0 obj[34 0 R] endobj 402 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 404 0 obj[34 0 R] endobj 405 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 406 0 obj[405 0 R] endobj 407 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 409 0 obj[34 0 R] endobj 410 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 411 0 obj[410 0 R] endobj 412 0 obj<>/ColorSpace<>/Font<>/ProcSet[/PDF/Text/ImageC/ImageI]>>/Type/Page>> endobj 414 0 obj[34 0 R] endobj 415 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 416 0 obj[415 0 R] endobj 417 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 418 0 obj<> endobj 420 0 obj[34 0 R] endobj 421 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 423 0 obj[34 0 R] endobj 424 0 obj[421 0 R/XYZ 0 762.492 null] endobj 425 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 426 0 obj[425 0 R 427 0 R 428 0 R 429 0 R 430 0 R 431 0 R 432 0 R 433 0 R 434 0 R 435 0 R 436 0 R] endobj 427 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 428 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 429 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 430 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 431 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 432 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 433 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 434 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 435 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 436 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 437 0 obj[421 0 R/XYZ 0 528.951 null] endobj 438 0 obj[421 0 R/XYZ 0 225.909 null] endobj 439 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 441 0 obj[34 0 R] endobj 442 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 444 0 obj[34 0 R] endobj 445 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 446 0 obj[445 0 R] endobj 447 0 obj[442 0 R/XYZ 0 434.992 null] endobj 448 0 obj[442 0 R/XYZ 0 209.951 null] endobj 449 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 451 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 452 0 obj<> endobj 454 0 obj[34 0 R] endobj 455 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 456 0 obj[455 0 R] endobj 457 0 obj[451 0 R/XYZ 0 760.492 null] endobj 458 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 460 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 462 0 obj[34 0 R] endobj 463 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 464 0 obj[463 0 R] endobj 465 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 467 0 obj[34 0 R] endobj 468 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 470 0 obj[34 0 R] endobj 471 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 472 0 obj[471 0 R] endobj 473 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 474 0 obj<> endobj 476 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 478 0 obj[34 0 R] endobj 479 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 480 0 obj[479 0 R] endobj 481 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 483 0 obj[34 0 R] endobj 484 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 486 0 obj[34 0 R] endobj 487 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 488 0 obj[487 0 R] endobj 489 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 491 0 obj[34 0 R] endobj 492 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 493 0 obj<> endobj 495 0 obj[34 0 R] endobj 496 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 497 0 obj[496 0 R] endobj 498 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 500 0 obj[34 0 R] endobj 501 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 503 0 obj[34 0 R] endobj 504 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 505 0 obj[504 0 R] endobj 506 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 508 0 obj[34 0 R] endobj 509 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 511 0 obj[34 0 R] endobj 512 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 513 0 obj[512 0 R] endobj 514 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 515 0 obj<> endobj 517 0 obj[34 0 R] endobj 518 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 519 0 obj<> endobj 521 0 obj[34 0 R] endobj 522 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 523 0 obj[522 0 R] endobj 524 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 526 0 obj[34 0 R] endobj 527 0 obj<> endobj 528 0 obj<> endobj 529 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 530 0 obj[529 0 R] endobj 531 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 533 0 obj[34 0 R] endobj 534 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 536 0 obj[34 0 R] endobj 537 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 538 0 obj[537 0 R] endobj 539 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 540 0 obj<> endobj 542 0 obj[34 0 R] endobj 543 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 545 0 obj[34 0 R] endobj 546 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 547 0 obj[546 0 R] endobj 548 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 550 0 obj[34 0 R] endobj 551 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 553 0 obj[34 0 R] endobj 554 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 555 0 obj[554 0 R] endobj 556 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 558 0 obj[34 0 R] endobj 559 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 560 0 obj<> endobj 562 0 obj[34 0 R] endobj 563 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 564 0 obj[563 0 R] endobj 565 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 567 0 obj[34 0 R] endobj 568 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 570 0 obj[34 0 R] endobj 571 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 572 0 obj[571 0 R] endobj 573 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 575 0 obj[34 0 R] endobj 576 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 578 0 obj[34 0 R] endobj 579 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 580 0 obj[579 0 R] endobj 581 0 obj[576 0 R/XYZ 0 730.492 null] endobj 582 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 583 0 obj<> endobj 585 0 obj[34 0 R] endobj 586 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 588 0 obj[34 0 R] endobj 589 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 590 0 obj[589 0 R] endobj 591 0 obj[586 0 R/XYZ 0 397.492 null] endobj 592 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 594 0 obj[34 0 R] endobj 595 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 597 0 obj[34 0 R] endobj 598 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 599 0 obj[598 0 R] endobj 600 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 602 0 obj[34 0 R] endobj 603 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 604 0 obj<> endobj 606 0 obj[34 0 R] endobj 607 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 608 0 obj[607 0 R] endobj 609 0 obj[603 0 R/XYZ 0 691.492 null] endobj 610 0 obj[603 0 R/XYZ 0 571.451 null] endobj 611 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 613 0 obj[34 0 R] endobj 614 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 616 0 obj[34 0 R] endobj 617 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 618 0 obj[617 0 R] endobj 619 0 obj[614 0 R/XYZ 0 760.492 null] endobj 620 0 obj[614 0 R/XYZ 0 670.451 null] endobj 621 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 623 0 obj[34 0 R] endobj 624 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 626 0 obj[34 0 R] endobj 627 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 628 0 obj[627 0 R] endobj 629 0 obj<>/ProcSet[/PDF/Text]>>/Type/Page>> endobj 630 0 obj<> endobj 632 0 obj[34 0 R] endobj 633 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 634 0 obj[633 0 R] endobj 635 0 obj<>/ColorSpace<>/Font<>/ProcSet[/PDF/Text/ImageC/ImageI]>>/Type/Page>> endobj 636 0 obj<> endobj 638 0 obj[34 0 R] endobj 639 0 obj<>/A<>/PA<>/Border[0 0 0]>> endobj 640 0 obj[639 0 R] endobj 644 0 obj<> endobj 651 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n BT /T1_0 1 Tf 14 0 0 14 10 803.9756 Tm (424B5 1 y25981e424b5.htm 424B5 )Tj ET EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(1 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 652 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 749.6212 Tm (PROSPECTUS SUPPLEMENT)Tj /TT1 1 Tf ( )Tj 21.838 0 Td ( )Tj /TT0 1 Tf 10.329 0 Td (Filed Pursuant to Rule 424\(b\)\(5\))Tj -32.167 -1.203 Td (TO PROSPECTUS DATED JUNE 5, 2006)Tj /TT1 1 Tf ( )Tj 21.838 0 Td ( )Tj /TT0 1 Tf 7.498 0 Td (Registration Statement No. 333-134515)Tj /TT1 1 Tf -29.336 -1.2 Td ( )Tj 9.2 0 Td ( )Tj 0.46 0 Td ( )Tj ET q 92 0 0 103 10 612.4090576 cm /Im0 Do Q BT /TT1 1 Tf 12.5 0 0 12.5 102 612.4091 Tm ( )Tj 1.84 2.592 Td ( )Tj /TT0 1 Tf 30 0 0 30 130.75 689.3183 Tm (Rep\372blica Oriental del Uruguay)Tj /TT1 1 Tf 12.5 0 0 12.5 125 613.6591 Tm ( )Tj 0.46 0 Td ( )Tj /TT0 1 Tf 20 0 0 20 229.72 584.5947 Tm (US$500,000,000 )Tj -1.723 -1.2 Td (7.625% Bonds due 2036)Tj /TT1 1 Tf ( )Tj 12.5 0 0 12.5 10 535.5925 Tm (Pursuant to this prospectus supplement, the Republic of Uruguay is offer\ ing 7.625% Bonds due 2036 \(the )Tj 0 -1.2 TD (\223Bonds\224\). )Tj T* ( )Tj 21.978 0 Td ( )Tj 2.044 0 Td ( )Tj /TT0 1 Tf -23.583 -1.803 Td (Maturity)Tj /TT1 1 Tf ( )Tj 0 -1.8 TD (The Bonds will mature on March 21, 2036. See )Tj 0 -1.2 TD (\223Description of the Bonds\224. )Tj /TT0 1 Tf 0 -1.803 TD (Interest)Tj /TT1 1 Tf ( )Tj 0 -1.8 TD (Interest on the Bonds to be paid on March 21 and )Tj 0 -1.2 TD (September 21 of each year, commencing on )Tj T* (March 21, 2007. )Tj /TT0 1 Tf 0 -1.803 TD (Principal)Tj /TT1 1 Tf ( )Tj 0 -1.8 TD (Principal of the Bonds will be payable in three equal )Tj 0 -1.2 TD (installments on March 21, 2034, March 21, 2035 and )Tj T* (at maturity. )Tj /TT0 1 Tf 0 -1.803 TD (Status)Tj /TT1 1 Tf ( )Tj 0 -1.8 TD (Direct, unconditional and unsecured external )Tj 0 -1.2 TD (indebtedness of Uruguay. )Tj 21.538 6.61 Td ( )Tj /TT0 1 Tf 2.484 13.2 Td (Issuance)Tj /TT1 1 Tf ( )Tj 0 -1.8 TD (Issued through the book-entry system of The )Tj 0 -1.2 TD (Depository Trust Company on or about October 26, )Tj 0 -1.2 TD (2006. )Tj /TT0 1 Tf 0 -1.803 TD (Fungibility)Tj /TT1 1 Tf ( )Tj 0 -1.8 TD (The Bonds will be consolidated, form a single series, )Tj 0 -1.2 TD (and be fully fungible with Uruguay\222s outstanding U.)Tj T* (S. Dollar 7.625% Bonds due 2036 issued on )Tj T* (March 21, 2006 and any additional bonds of that )Tj T* (series issued in the exchange offer launched )Tj T* (concurrently with this offer. After giving effect to )Tj T* (the offering, the total amount outstanding of )Tj T* (Uruguay\222s 7.625% Bonds due 2036 will be US)Tj T* ($1,000,000,000 \(excluding any 7.625% Bonds due )Tj T* (2036 that may be issued in the concurrent exchange )Tj T* (offer\).)Tj /TT0 1 Tf 0 -1.803 TD (Listing)Tj /TT1 1 Tf 0 -1.797 TD (Application will be made to admit the bonds to the )Tj 0 -1.2 TD (Official List of the UK Listing Authority and to )Tj T* (admit the bonds to trading on the regulated market )Tj T* (of the London Stock Exchange. )Tj -24.462 -1.8 Td ( The Bonds contain collective action clauses with provisions regardi\ ng future modifications to the terms of debt )Tj 0 -1.2 TD (securities issued under the indenture. Under those provisions, which are\ described beginning on page 8 of the )Tj 22.875 -2.72 Td ( )Tj ET 0.5 0.5 0.5 rg 10 41.839 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(2 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 653 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Artifact <>BDC BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(3 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 654 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /WebCaptureBG BMC /WebCaptureFN <>BDC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 575.492 m 113.5 575.492 l 113.5 574.492 l 10 574.492 l h f EMC EMC EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 749.6628 Tm (prospectus and page S-30 of this prospectus supplement, modifications af\ fecting the reserve matters listed in the )Tj 0 -1.2 TD (indenture, including modifications to payment and other important terms,\ may be made to a single series of debt )Tj T* (securities issued under the indenture with the consent of the holders of\ 75% of the aggregate principal amount )Tj 0 -1.2 TD (outstanding of that series, and to multiple series of debt securities is\ sued under the indenture with the consent of )Tj 0 -1.2 TD (the holders of 85% of the aggregate principal amount outstanding of all \ series that would be affected and 66-)Tj 10.625 0 0 10.625 554.3375 689.6628 Tm (2)Tj 12.5 0 0 12.5 559.65 689.6628 Tm (/)Tj 10.625 0 0 10.625 563.125 689.6628 Tm (3)Tj 12.5 0 0 12.5 568.4375 689.6628 Tm (% )Tj -44.675 -1.2 Td (in aggregate principal amount outstanding of each affected series. )Tj 0 -1.2 TD ( )Tj 19.4 0 Td ( )Tj 1.293 0 Td ( )Tj 3.449 0 Td ( )Tj 3.25 0 Td ( )Tj 3.449 0 Td ( )Tj 1.293 0 Td ( )Tj 6.036 0 Td ( )Tj 0.501 0 Td ( )Tj 6.036 0 Td ( )Tj -43.507 -1.2 Td ( )Tj 18.2 0 Td ( )Tj ET 0 0 0 RG 0.6 w 308.654 642.863 m 355.529 642.863 l S BT /TT0 1 Tf 12.5 0 0 12.5 308.6538 644.6628 Tm (Per Bond)Tj 6.949 0 Td ( )Tj ET 477.064 642.863 m 503.451 642.863 l S BT /TT0 1 Tf 12.5 0 0 12.5 477.0638 644.6628 Tm (Total)Tj 7.342 0 Td ( )Tj -43.507 -1.2 Td (Public Offering Price)Tj 10.625 0 0 10.625 131.925 629.6628 Tm (1)Tj 12.5 0 0 12.5 252.5008 629.6628 Tm ( )Tj 1.293 0 Td ( )Tj 3.449 0 Td (101.967%)Tj 6.699 0 Td ( )Tj 3.565 0 Td (US$509,836,597.22)Tj 10.3 0 Td ( )Tj -43.507 -1.2 Td (Underwriting Discount)Tj 18.2 0 Td ( )Tj 1.293 0 Td ( )Tj 5.449 0 Td (0.2%)Tj 4.699 0 Td ( )Tj 4.69 0 Td (US$1,000,000)Tj 9.175 0 Td ( )Tj -43.507 -1.2 Td (Proceeds, before expenses, to Uruguay)Tj 18.2 0 Td ( )Tj 1.293 0 Td ( )Tj 3.449 0 Td (101.767%)Tj 6.699 0 Td ( )Tj 3.565 0 Td (US$508,836,597.22)Tj 10.3 0 Td ( )Tj 3.75 0 0 3.75 10 571.2435 Tm ( )Tj 10.625 0 0 10.625 10 560.7872 Tm (1)Tj 12.5 0 0 12.5 27.25 559.1628 Tm ( )Tj 0.46 0 Td (The public offering price for the Bonds includes interest accrued from S\ eptember 21, 2006 through October )Tj T* (26, 2006. You will also pay accrued interest from October 26, 2006 if se\ ttlement occurs after that date.)Tj -1.84 -1.803 Td ( )Tj /TT1 1 Tf (Investing in the bonds involves risks. See, especially, \223Risk Factors\ and Investment Considerations\224 on )Tj 0 -1.203 TD (page S-6 of this prospectus supplement.)Tj /TT0 1 Tf ( )Tj 0 -1.803 TD ( )Tj /TT1 1 Tf (Neither the Securities and Exchange Commission nor any other regulatory \ body has approved or )Tj 0 -1.203 TD (disapproved of these securities or passed upon the accuracy or adequacy \ of this prospectus supplement or )Tj 0 -1.2 TD (the prospectus to which it relates. Any representation to the contrary i\ s a criminal offense.)Tj /TT0 1 Tf ( )Tj 17.5 0 0 17.5 10 434.6645 Tm ( )Tj 9.857 0 Td ( )Tj 1.643 0 Td ( )Tj 9.857 0 Td ( )Tj 1.643 0 Td ( )Tj /TT1 1 Tf -19.726 -1.203 Td (Citigroup)Tj /TT0 1 Tf ( )Tj 6.583 0 Td ( )Tj /TT1 1 Tf 3.141 0 Td (Morgan Stanley)Tj /TT0 1 Tf ( )Tj 8.359 0 Td ( )Tj /TT1 1 Tf 1.821 0 Td (UBS Investment Bank)Tj /TT0 1 Tf 12.5 0 0 12.5 147.3437 374.438 Tm (The date of this prospectus supplement is October 19, 2006. )Tj 11.887 -2.72 Td ( )Tj ET 0.5 0.5 0.5 rg 10 308.268 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(4 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 655 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /WebCaptureBG BMC /WebCaptureFN <>BDC q 0 18 595 806 re W* n /Artifact <>BDC Q 550.5 696.909 m 579.25 696.909 l 579.25 697.909 l 550.5 697.909 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 550.5 451.867 m 579.25 451.867 l 579.25 452.867 l 550.5 452.867 l h f EMC EMC EMC /Article <>BDC q 0 18 595 806 re W* n BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm ( )Tj /TT0 1 Tf 12.5 0 0 12.5 230.125 751.6212 Tm (TABLE OF CONTENTS)Tj /TT1 1 Tf ( )Tj /TT0 1 Tf -17.61 -1.803 Td (Prospectus Supplement)Tj /TT1 1 Tf ( )Tj 0 -1.2 TD ( )Tj 40.48 0 Td ( )Tj 2.3 0 Td ( )Tj 0.46 0 Td ( )Tj 2.3 0 Td ( )Tj 10 0 0 10 10 700.2454 Tm ( )Tj 50.6 0 Td ( )Tj 2.875 0 Td ( )Tj 1.04 0.1 Td (Page)Tj 2.41 -0.1 Td ( )Tj ET 0 0 1 RG 0.6 w 10 M 0 j 0 J []0 d 25 684.28 m 119.425 684.28 l S 0 0 1 rg BT /TT1 1 Tf 12.5 0 0 12.5 25 686.0795 Tm (INTRODUCTION)Tj 0 0 0 rg 39.28 -0.16 Td ( )Tj 2.3 0 Td ( )Tj 1.371 0 Td (S-1 )Tj ET 25 667.28 m 222.225 667.28 l S 0 0 1 rg BT /TT1 1 Tf 12.5 0 0 12.5 25 669.0795 Tm (INCORPORATION BY REFERENCE)Tj 0 0 0 rg 39.28 -0.16 Td ( )Tj 2.3 0 Td ( )Tj 1.371 0 Td (S-1 )Tj ET 25 650.28 m 200.35 650.28 l S 0 0 1 rg BT /TT1 1 Tf 12.5 0 0 12.5 25 652.0795 Tm (SUMMARY OF THE OFFERING)Tj 0 0 0 rg 39.28 -0.16 Td ( )Tj 2.3 0 Td ( )Tj 1.371 0 Td (S-3 )Tj ET 25 633.28 m 337.488 633.28 l S 0 0 1 rg BT /TT1 1 Tf 12.5 0 0 12.5 25 635.0795 Tm (RISK FACTORS AND INVESTMENT CONSIDERATIONS)Tj 0 0 0 rg 39.28 -0.16 Td ( )Tj 2.3 0 Td ( )Tj 1.371 0 Td (S-6 )Tj ET 25 616.28 m 134.738 616.28 l S 0 0 1 rg BT /TT1 1 Tf 12.5 0 0 12.5 25 618.0795 Tm (USE OF PROCEEDS)Tj 0 0 0 rg 39.28 -0.16 Td ( )Tj 2.3 0 Td ( )Tj 1.371 0 Td (S-8 )Tj ET 25 599.28 m 176.038 599.28 l S 0 0 1 rg BT /TT1 1 Tf 12.5 0 0 12.5 25 601.0795 Tm (RECENT DEVELOPMENTS)Tj 0 0 0 rg 39.28 -0.16 Td ( )Tj 2.3 0 Td ( )Tj 1.371 0 Td (S-9 )Tj ET 25 582.28 m 198.262 582.28 l S 0 0 1 rg BT /TT1 1 Tf 12.5 0 0 12.5 25 584.0795 Tm (DESCRIPTION OF THE BONDS)Tj 0 0 0 rg 39.28 -0.16 Td ( )Tj 2.3 0 Td ( )Tj 0.871 0 Td (S-28 )Tj ET 25 565.28 m 213.875 565.28 l S 0 0 1 rg BT /TT1 1 Tf 12.5 0 0 12.5 25 567.0795 Tm (CLEARANCE AND SETTLEMENT)Tj 0 0 0 rg 39.28 -0.16 Td ( )Tj 2.3 0 Td ( )Tj 0.871 0 Td (S-36 )Tj ET 25 548.28 m 167.35 548.28 l S 0 0 1 rg BT /TT1 1 Tf 12.5 0 0 12.5 25 550.0795 Tm (PLAN OF DISTRIBUTION)Tj 0 0 0 rg 39.28 -0.16 Td ( )Tj 2.3 0 Td ( )Tj 0.871 0 Td (S-40 )Tj ET 25 531.28 m 232.962 531.28 l S 0 0 1 rg BT /TT1 1 Tf 12.5 0 0 12.5 25 533.0795 Tm (FORWARD-LOOKING STATEMENTS)Tj 0 0 0 rg 39.28 -0.16 Td ( )Tj 2.3 0 Td ( )Tj 0.871 0 Td (S-43 )Tj ET 25 514.28 m 173.938 514.28 l S 0 0 1 rg BT /TT1 1 Tf 12.5 0 0 12.5 25 516.0795 Tm (GENERAL INFORMATION)Tj 0 0 0 rg 39.28 -0.16 Td ( )Tj 2.3 0 Td ( )Tj 0.871 0 Td (S-44 )Tj /TT0 1 Tf -43.651 -2.403 Td (Prospectus)Tj /TT1 1 Tf ( )Tj 0 -1.2 TD ( )Tj 40.48 0 Td ( )Tj 2.3 0 Td ( )Tj 0.46 0 Td ( )Tj 2.3 0 Td ( )Tj 10 0 0 10 10 455.2038 Tm ( )Tj 50.6 0 Td ( )Tj 2.875 0 Td ( )Tj 1.04 0.1 Td (Page)Tj 2.41 -0.1 Td ( )Tj 12.5 0 0 12.5 25 441.0379 Tm (ABOUT THIS PROSPECTUS)Tj 39.28 0 Td ( )Tj 2.3 0 Td ( )Tj 2.26 0 Td (1 )Tj -43.84 -1.2 Td (FORWARD-LOOKING STATEMENTS)Tj 39.28 0 Td ( )Tj 2.3 0 Td ( )Tj 2.26 0 Td (1 )Tj -43.84 -1.2 Td (DATA DISSEMINATION)Tj 39.28 0 Td ( )Tj 2.3 0 Td ( )Tj 2.26 0 Td (2 )Tj -43.84 -1.2 Td (USE OF PROCEEDS)Tj 39.28 0 Td ( )Tj 2.3 0 Td ( )Tj 2.26 0 Td (2 )Tj -43.84 -1.2 Td (DESCRIPTION OF THE SECURITIES)Tj 39.28 0 Td ( )Tj 2.3 0 Td ( )Tj 2.26 0 Td (3 )Tj -43.84 -1.2 Td (TAXATION)Tj 39.28 0 Td ( )Tj 2.3 0 Td ( )Tj 1.76 0 Td (18 )Tj -43.34 -1.2 Td (PLAN OF DISTRIBUTION)Tj 39.28 0 Td ( )Tj 2.3 0 Td ( )Tj 1.76 0 Td (19 )Tj -43.34 -1.2 Td (OFFICIAL STATEMENTS)Tj 39.28 0 Td ( )Tj 2.3 0 Td ( )Tj 1.76 0 Td (21 )Tj -43.34 -1.2 Td (VALIDITY OF THE SECURITIES)Tj 39.28 0 Td ( )Tj 2.3 0 Td ( )Tj 1.76 0 Td (21 )Tj -43.34 -1.2 Td (AUTHORIZED REPRESENTATIVE)Tj 39.28 0 Td ( )Tj 2.3 0 Td ( )Tj 1.76 0 Td (22 )Tj -43.34 -1.2 Td (WHERE YOU CAN FIND MORE INFORMATION)Tj 39.28 0 Td ( )Tj 2.3 0 Td ( )Tj 1.76 0 Td (22 )Tj -21.665 -2.72 Td ( )Tj ET 0.5 0.5 0.5 rg 10 224.867 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(5 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 656 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 247.5 746.1212 Tm (INTRODUCTION)Tj /TT1 1 Tf ( )Tj -19 -1.803 Td ( )Tj /TT0 1 Tf (This prospectus supplement, together with the Republic of Uruguay\222s p\ rospectus, dated June 5, 2006, )Tj 0 -1.203 TD (setting forth in general terms the conditions of the securities of the R\ epublic of Uruguay issued under the )Tj 0 -1.2 TD (trust indenture under which the Bonds will be issued and the information\ included in the 2005 Annual )Tj 0 -1.2 TD (Report \(as defined below\) and Amendment No. 1, Amendment No. 2, Amendm\ ent No. 3, Amendment No. 4 )Tj T* (and Amendment No. 5, each on Form 18-K/A, to the 2005 Annual Report each\ filed with the United )Tj T* (Kingdom Listing Authority \(\223UKLA\224\) on or prior to October 19, 20\ 06, together, comprise a prospectus \(a )Tj T* (\223PD Prospectus\224\) for the purposes of Article 5.4 of the Prospectu\ s Directive 2003/71/EC \(the \223Prospectus )Tj 0 -1.2 TD (Directive\224\). When you make your investment decision, you should rely\ only on the information contained )Tj T* (or incorporated by reference in this PD Prospectus. Uruguay has not auth\ orized anyone to provide you )Tj T* (with information that is different. This PD Prospectus may only be used \ where it is legal to offer and sell )Tj T* (these securities. The information in this PD Prospectus may only be accu\ rate as of the date thereof.)Tj /TT1 1 Tf ( )Tj 0 -1.8 TD ( Uruguay is furnishing this PD Prospectus solely for use by prospect\ ive investors in connection with their )Tj 0 -1.2 TD (consideration of a purchase of the Bonds. After having taken all reasona\ ble care to ensure that such is the case, )Tj T* (Uruguay confirms that: )Tj 0 -1.8 TD ( )Tj /TT0 1 Tf 1.84 -0.003 Td (\225)Tj /TT1 1 Tf 0.92 0.003 Td ( )Tj 0.46 0 Td (the information contained in this PD Prospectus is to the best of its kn\ owledge in accordance with the )Tj 0 -1.2 TD (facts and contains no omissions likely to affect its import; and)Tj 7.5 0 0 7.5 10 472.8697 Tm ( )Tj 12.5 0 0 12.5 10 459.5379 Tm ( )Tj /TT0 1 Tf 1.84 -0.003 Td (\225)Tj /TT1 1 Tf 0.92 0.003 Td ( )Tj 0.46 0 Td (it holds the opinions and intentions expressed in this PD Prospectus.)Tj -3.22 -1.8 Td ( The Bonds that Uruguay issues in the United States are being offere\ d under Uruguay\222s registration statement )Tj 0 -1.2 TD (\(file no. 333-134515\) \(the \223Registration Statement\224\) initially\ filed with the United States Securities and Exchange )Tj 0 -1.2 TD (Commission \(the \223SEC\224\) under the Securities Act of 1933, as amen\ ded \(the \223Act\224\) on May 26, 2006. The )Tj T* (accompanying prospectus is part of that registration statement, which be\ came effective on June 5, 2006. The )Tj T* (accompanying prospectus provides you with a general description of the d\ ebt securities that Uruguay may offer. )Tj T* (This prospectus supplement contains specific information about the terms\ of the Bonds and may add or change )Tj 0 -1.2 TD (information provided in the accompanying prospectus. Consequently, you s\ hould read this prospectus supplement )Tj T* (together with the accompanying prospectus, as each contains information \ regarding Uruguay, the Bonds and other )Tj T* (matters. You can inspect these documents at the office of the SEC listed\ in this prospectus supplement under )Tj T* (\223General Information \227 Where You Can Find More Information.\224 )Tj 0 -1.8 TD ( This document is only being distributed to and is only directed at \ \(i\) persons who are outside the United )Tj 0 -1.2 TD (Kingdom or \(ii\) to investment professionals falling within Article 19\(\ 5\) of the Financial Services and Markets Act )Tj T* (2000 \(Financial Promotion\) Order 2005 \(the \223Order\224\) or \(iii\)\ high net worth entities, and other persons to whom it )Tj T* (may lawfully be communicated, falling within Article 49\(2\)\(a\) to \(d\ \) of the Order \(all such persons together being )Tj T* (referred to as \223relevant persons\224\). The Bonds are only available \ to, and any invitation, offer or agreement to )Tj T* (subscribe, purchase or otherwise acquire such Bonds will be engaged in o\ nly with, relevant persons. Any person )Tj T* (who is not a relevant person should not act or rely on this document or \ any of its contents. )Tj /TT0 1 Tf 14.611 -3.003 Td (INCORPORATION BY REFERENCE)Tj /TT1 1 Tf ( )Tj /TT0 1 Tf -14.611 -2.403 Td (Documents Filed with the SEC)Tj /TT1 1 Tf ( )Tj 0 -1.8 TD ( The SEC allows Uruguay to incorporate by reference some information\ that Uruguay files with the SEC. )Tj 0 -1.2 TD (Uruguay can disclose important information to you by referring you to th\ ose documents. The following )Tj T* (documents, which Uruguay has filed or will file with the SEC, are consid\ ered part of and incorporated by )Tj T* (reference in this prospectus supplement and any accompanying prospectus \ with the exception of documents )Tj 0 -1.2 TD (incorporated therein: )Tj ET EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(6 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 657 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n BT /TT0 1 Tf 12.5 0 0 12.5 10 796.9547 Tm ( )Tj /TT1 1 Tf 1.84 -0.003 Td (\225)Tj /TT0 1 Tf 0.92 0.003 Td ( )Tj 0.46 0 Td (Uruguay\222s annual report on Form 18-K for the year ended December 31, \ 2005 \(the \2232005 Annual )Tj 0 -1.2 TD (Report\224\), filed with the SEC on May 24, 2006;)Tj 7.5 0 0 7.5 10 771.2865 Tm ( )Tj 12.5 0 0 12.5 10 757.9547 Tm ( )Tj /TT1 1 Tf 1.84 -0.003 Td (\225)Tj /TT0 1 Tf 0.92 0.003 Td ( )Tj 0.46 0 Td (Amendment No. 1 on Form 18-K/A to the 2005 Annual Report, filed with the\ SEC on July 24, 2006;)Tj 19.085 -2.72 Td (S-1 )Tj ET 0.5 0.5 0.5 rg 10 691.784 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(7 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 658 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 749.6628 Tm ( )Tj /TT1 1 Tf 1.84 -0.003 Td (\225)Tj /TT0 1 Tf 0.92 0.003 Td ( )Tj 0.46 0 Td (Amendment No. 2 on Form 18-K/A to the 2005 Annual Report, filed with the\ SEC on September 7, 2006;)Tj 7.5 0 0 7.5 10 738.9946 Tm ( )Tj 12.5 0 0 12.5 10 725.6628 Tm ( )Tj /TT1 1 Tf 1.84 -0.003 Td (\225)Tj /TT0 1 Tf 0.92 0.003 Td ( )Tj 0.46 0 Td (Amendment No. 3 on Form 18-K/A to the 2005 Annual Report, filed with the\ SEC on October 4, 2006;)Tj 7.5 0 0 7.5 10 714.9946 Tm ( )Tj 12.5 0 0 12.5 10 701.6628 Tm ( )Tj /TT1 1 Tf 1.84 -0.003 Td (\225)Tj /TT0 1 Tf 0.92 0.003 Td ( )Tj 0.46 0 Td (Amendment No. 4 on Form 18-K/A to the 2005 Annual Report, filed with the\ SEC on October 16, 2006; )Tj 0 -1.2 TD (and)Tj 7.5 0 0 7.5 10 675.9946 Tm ( )Tj 12.5 0 0 12.5 10 662.6628 Tm ( )Tj /TT1 1 Tf 1.84 -0.003 Td (\225)Tj /TT0 1 Tf 0.92 0.003 Td ( )Tj 0.46 0 Td (Amendment No. 5 on Form 18-K/A to the 2005 Annual Report, filed with the\ SEC on October 18, 2006.)Tj -3.22 -1.8 Td ( Any person receiving a copy of this prospectus supplement may obtai\ n, without charge and upon request, a )Tj T* (copy of any of the above documents \(including only the exhibits that ar\ e specifically incorporated by reference in )Tj 0 -1.2 TD (them\). Requests for such documents should be directed to: )Tj 2.76 -1.8 Td (Rep\372blica Oriental del Uruguay )Tj T* (c/o Ministry of Finance )Tj T* (Colonia 1089 \226 Third Floor )Tj 0 -1.2 TD (112000 Montevideo )Tj T* (Rep\372blica Oriental del Uruguay )Tj T* (Fax No.: 598-2-1712-2716 )Tj T* (Attention: Mr. Carlos Steneri )Tj /TT1 1 Tf -2.76 -2.403 Td (Documents Filed with the UK Listing Authority)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( For purposes of the listing of the Bonds on the Official List and o\ n the London Stock Exchange, only the 2005 )Tj 0 -1.2 TD (Annual Report and Amendment No. 1, Amendment No. 2, Amendment No. 3, Ame\ ndment No. 4 and )Tj T* (Amendment No. 5 on Form 18-K/A to the 2005 Annual Report, each of which \ has been previously published or is )Tj T* (published simultaneously with this PD Prospectus and approved by or file\ d with the UK Listing Authority shall )Tj T* (be deemed to be incorporated in, and form part of, this prospectus, with\ the exception of documents incorporated )Tj T* (by reference thereto. All future filings made with the SEC shall not for\ m part of the prospectus filed with the UK )Tj T* (Listing Authority. )Tj 22.305 -2.72 Td (S-2 )Tj ET 0.5 0.5 0.5 rg 10 288.951 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(8 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 659 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 204.6187 746.1212 Tm (SUMMARY OF THE OFFERING)Tj /TT1 1 Tf ( )Tj -15.57 -1.803 Td ( )Tj /TT2 1 Tf (The information below presents a summary of certain terms of the Bonds. \ This summary must be read as an )Tj 0 -1.203 TD (introduction to this prospectus supplement and prospectus and any decisi\ on to invest in the Bonds should be )Tj 0 -1.2 TD (based on a consideration of the prospectus supplement and prospectus as \ a whole, including the documents )Tj 0 -1.2 TD (incorporated by reference. Following the implementation of the relevant \ provisions of the Prospectus Directive )Tj T* (\(Directive 2003/71/EC\) in each Member State of the European Economic A\ rea no civil liability will attach to )Tj T* (Uruguay in any such Member State solely on the basis of this summary, in\ cluding any translation thereof, unless )Tj T* (it is misleading, inaccurate or inconsistent when read together with the\ other parts of this prospectus supplement )Tj 0 -1.2 TD (or the prospectus. Where a claim relating to the information contained i\ n this prospectus supplement or the )Tj T* (prospectus is brought before a court in a Member State of the European E\ conomic Area, the plaintiff may, under )Tj T* (the national legislation of the Member State where the claim is brought,\ be required to bear the costs of )Tj T* (translating this prospectus supplement or the prospectus before the lega\ l proceedings are initiated.)Tj /TT1 1 Tf ( )Tj T* ( )Tj 13.8 0 Td ( )Tj 0.92 0 Td ( )Tj /TT0 1 Tf -14.72 -1.203 Td (Issuer)Tj /TT1 1 Tf ( )Tj 13.8 0 Td ( )Tj 0.92 0.003 Td (The Republic of Uruguay.)Tj -14.72 -1.203 Td ( )Tj 13.8 0 Td ( )Tj 0.92 0 Td ( )Tj /TT0 1 Tf -14.72 -1.203 Td (Banco Central)Tj /TT1 1 Tf ( )Tj 13.8 0 Td ( )Tj 0.92 0.003 Td (Banco Central del Uruguay.)Tj -14.72 -1.203 Td ( )Tj 13.8 0 Td ( )Tj 0.92 0 Td ( )Tj /TT0 1 Tf -14.72 -1.203 Td (Indenture)Tj /TT1 1 Tf ( )Tj 13.8 0 Td ( )Tj 0.92 0.003 Td (The Bonds are being issued under a trust indenture.)Tj -14.72 -1.203 Td ( )Tj 13.8 0 Td ( )Tj 0.92 0 Td ( )Tj /TT0 1 Tf -14.72 -1.203 Td (Principal Amount)Tj /TT1 1 Tf ( )Tj 13.8 0 Td ( )Tj 0.92 0.003 Td (US$500,000,000)Tj -14.72 -1.203 Td ( )Tj 13.8 0 Td ( )Tj 0.92 0 Td ( )Tj /TT0 1 Tf -14.72 -1.203 Td (Issue Price)Tj /TT1 1 Tf ( )Tj 13.8 -2.397 Td ( )Tj 0.92 2.4 Td (The issue price will be 101.967% of the principal amount \(including int\ erest )Tj T* (accrued from September 21, 2006 through October 26, 2006\) plus interest\ )Tj T* (accrued from October 26, 2006, if settlement occurs after that date.)Tj -14.72 -1.2 Td ( )Tj 13.8 0 Td ( )Tj 0.92 0 Td ( )Tj /TT0 1 Tf -14.72 -1.203 Td (Fungibility)Tj /TT1 1 Tf ( )Tj 13.8 -4.797 Td ( )Tj 0.92 4.8 Td (The Bonds will be consolidated, form a single series and be fully fungib\ le )Tj T* (with Uruguay\222s outstanding US$500,000,000 7.625% Bonds due 2036 )Tj 0 -1.2 TD (\(CUSIP No. 760942AS1, ISIN US760942AS16, Common Code 024873811\) )Tj T* (and any additional bonds of that series issued in the exchange offer lau\ nched )Tj T* (concurrently with this offer.)Tj -14.72 -1.2 Td ( )Tj 13.8 0 Td ( )Tj 0.92 0 Td ( )Tj /TT0 1 Tf -14.72 -1.203 Td (Maturity)Tj /TT1 1 Tf ( )Tj 13.8 0 Td ( )Tj 0.92 0.003 Td (March 21, 2036.)Tj 7.585 -2.723 Td (S-3 )Tj ET 0.5 0.5 0.5 rg 10 207.172 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(9 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 660 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 749.6628 Tm ( )Tj 13.35 0 Td ( )Tj 0.89 0 Td ( )Tj /TT1 1 Tf -14.24 -1.203 Td (Interest)Tj /TT0 1 Tf ( )Tj 13.35 -3.597 Td ( )Tj 0.89 3.6 Td (Interest will be payable on the Bonds at a rate of 7.625% per annum, )Tj 0 -1.2 TD (payable semi-annually in arrears on March 21 and September 21 of each )Tj 0 -1.2 TD (year, commencing on March 21, 2007, with a final interest payment on the\ )Tj T* (maturity date.)Tj -14.24 -1.2 Td ( )Tj 13.35 0 Td ( )Tj 0.89 0 Td ( )Tj 30.26 0 Td ( )Tj /TT1 1 Tf -44.5 -1.203 Td (Payment of Principal)Tj /TT0 1 Tf ( )Tj 13.35 -1.197 Td ( )Tj 0.89 1.2 Td (Amounts due in respect of principal of the Bonds will be paid in three )Tj T* (equal installments on March 21, 2034, March 21, 2035 and at maturity.)Tj -14.24 -1.2 Td ( )Tj 13.35 0 Td ( )Tj 0.89 0 Td ( )Tj /TT1 1 Tf -14.24 -1.203 Td (Form and Settlement)Tj /TT0 1 Tf ( )Tj 13.35 -2.397 Td ( )Tj 0.89 2.4 Td (Uruguay will issue the Bonds in the form of one or more fully registered\ )Tj 0 -1.2 TD (global securities, without interest coupons. No Bonds will be issued in \ )Tj T* (bearer form.)Tj -14.24 -1.2 Td ( )Tj 13.35 0 Td ( )Tj 0.89 0 Td ( )Tj /TT1 1 Tf -14.24 -1.203 Td (Denominations)Tj /TT0 1 Tf ( )Tj 13.35 -1.197 Td ( )Tj 0.89 1.2 Td (Uruguay will issue the Bonds in denominations of US$1.00 and integral )Tj T* (multiples thereof.)Tj 8.066 -2.72 Td (S-4 )Tj ET 0.5 0.5 0.5 rg 10 473.492 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(10 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 661 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 749.6628 Tm ( )Tj 13.8 0 Td ( )Tj 0.92 0 Td ( )Tj /TT1 1 Tf -14.72 -1.203 Td (Withholding Tax and )Tj 0 -1.2 TD (Additional Amounts)Tj /TT0 1 Tf ( )Tj 13.8 -3.597 Td ( )Tj 0.92 4.8 Td (Uruguay will make payments of principal and interest in respect of the )Tj 0 -1.2 TD (Bonds without withholding or deducting for or on account of any present \ or )Tj T* (future Uruguayan taxes, duties, assessments or governmental charges of )Tj T* (whatever nature except as set forth in \223Description of the Bonds\227A\ dditional )Tj T* (Amounts.\224)Tj -14.72 -1.2 Td ( )Tj 13.8 0 Td ( )Tj 0.92 0 Td ( )Tj /TT1 1 Tf -14.72 -1.203 Td (Further Issues)Tj /TT0 1 Tf ( )Tj 13.8 -3.597 Td ( )Tj 0.92 3.6 Td (Uruguay may, from time to time, without your consent, create and issue )Tj 0 -1.2 TD (further debt securities having the same terms as and ranking equally wit\ h the )Tj T* (Bonds in all respects and such further debt securities will be consolida\ ted )Tj T* (and form a single series with the Bonds.)Tj -14.72 -1.2 Td ( )Tj 13.8 0 Td ( )Tj 0.92 0 Td ( )Tj /TT1 1 Tf -14.72 -1.203 Td (Governing Law and )Tj T* (Jurisdiction)Tj /TT0 1 Tf ( )Tj 13.8 0 Td ( )Tj 0.92 1.203 Td (New York.)Tj -14.72 -2.403 Td ( )Tj 13.8 0 Td ( )Tj 0.92 0 Td ( )Tj /TT1 1 Tf -14.72 -1.203 Td (Settlement Date)Tj /TT0 1 Tf ( )Tj 13.8 0 Td ( )Tj 0.92 0.003 Td (October 26, 2006.)Tj -14.72 -1.203 Td ( )Tj 13.8 0 Td ( )Tj 0.92 0 Td ( )Tj /TT1 1 Tf -14.72 -1.203 Td (Listing)Tj /TT0 1 Tf ( )Tj 13.8 -2.397 Td ( )Tj 0.92 2.4 Td (Application will be made to admit the Bonds to the Official List of the \ UK )Tj T* (Listing Authority and to admit the bonds to trading on the regulated mar\ ket )Tj T* (of the London Stock Exchange.)Tj -14.72 -1.2 Td ( )Tj 13.8 0 Td ( )Tj 0.92 0 Td ( )Tj /TT1 1 Tf -14.72 -1.203 Td (Taxation)Tj /TT0 1 Tf ( )Tj 13.8 -5.997 Td ( )Tj 0.92 6 Td (For a discussion of the Uruguayan and United States tax consequences )Tj T* (associated with the Bonds, see \223Taxation\227Uruguayan Taxation\224 an\ d \223\227)Tj T* (United States Federal Taxation\224 in the accompanying prospectus. Inves\ tors )Tj T* (should consult their own tax advisors in determining the foreign, United\ )Tj T* (States federal, state, local and any other tax consequences to them of t\ he )Tj T* (ownership and disposition of the Bonds.)Tj -14.72 -1.2 Td ( )Tj 13.8 0 Td ( )Tj 0.92 0 Td ( )Tj /TT1 1 Tf -14.72 -1.203 Td (Trustee)Tj /TT0 1 Tf ( )Tj 13.8 0 Td ( )Tj 0.92 0.003 Td (The Bank of New York.)Tj -14.72 -1.203 Td ( )Tj 13.8 0 Td ( )Tj 0.92 0 Td ( )Tj 7.585 -2.72 Td (S-5 )Tj ET 0.5 0.5 0.5 rg 10 248.367 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(11 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 662 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 133.6 746.1212 Tm (RISK FACTORS AND INVESTMENT CONSIDERATIONS)Tj /TT1 1 Tf ( )Tj -9.888 -1.8 Td ( An investment in the Bonds involves a significant degree of risk. I\ nvestors are urged to read carefully the )Tj 0 -1.2 TD (entirety of the prospectus together with this prospectus supplement and \ to note, in particular, the following )Tj 0 -1.2 TD (considerations. )Tj /TT0 1 Tf 0 -2.403 TD (Risk Factors and Investment Considerations Relating to the Bonds)Tj /TT1 1 Tf ( )Tj 0 -1.804 TD ( )Tj /TT2 1 Tf (Enforcement of Civil Liabilities; Waiver of Sovereign Immunity)Tj /TT1 1 Tf ( )Tj 0 -1.8 TD ( Uruguay is a foreign sovereign state. Consequently, it may be diffi\ cult for you or the trustee to obtain or )Tj 0 -1.2 TD (enforce judgments of courts in the United States or elsewhere against Ur\ uguay. See \223Description of the Securities)Tj T* (\227Jurisdiction, Consent to Service, Enforcement of Judgments and Immun\ ities from Attachment,\224 in the )Tj T* (accompanying prospectus. )Tj 0 -1.804 TD ( )Tj /TT2 1 Tf (Market for the Bonds)Tj /TT1 1 Tf ( )Tj 0 -1.8 TD ( Uruguay has been advised by the underwriters that the underwriters \ may make a market in the Bonds but they )Tj 0 -1.2 TD (are not obligated to do so and may discontinue market making at any time\ without notice. Uruguay has applied to )Tj T* (admit the Bonds to trading on the London Stock Exchange. No assurance ca\ n be given as to the liquidity of the )Tj T* (trading market for the Bonds. The price at which the Bonds will trade in\ the secondary market is uncertain. )Tj 0 -1.803 TD ( )Tj /TT0 1 Tf (Risk Factors and Investment Considerations Relating to Uruguay)Tj /TT1 1 Tf ( )Tj 0 -1.804 TD ( )Tj /TT2 1 Tf (Economic Crisis)Tj /TT1 1 Tf ( )Tj 0 -1.8 TD ( In 2002, Uruguay\222s economy experienced its most significant setb\ ack since 1982, with real GDP contracting )Tj 0 -1.2 TD (by approximately 10.8%. While the economy recovered in 2004, growing at \ a pace of 12.3%, we can give no )Tj T* (assurances that the adverse consequences of the crisis for Uruguay\222s \ population can be redressed in the absence of )Tj T* (sustained economic growth in the medium term and the implementation of a\ dequate social and economic policies. )Tj T* (Uruguay\222s economy remains highly linked to the U.S. dollar and theref\ ore vulnerable to external shocks. )Tj T* (Furthermore, Uruguay does not expect the economy to continue growing at \ current rates, which in the past have )Tj 0 -1.2 TD (been fuelled by historically high international prices for certain of Ur\ uguay\222s commodity exports. A contraction )Tj T* (in growth rates will also impose constraints on government revenues, req\ uiring that fiscal discipline be applied )Tj T* (over time to preserve the government\222s ability to service its debt. )Tj 0 -1.804 TD ( )Tj /TT2 1 Tf (Impact of Argentina\222s Economic Crisis on Uruguay\222s Banking System)Tj /TT1 1 Tf ( )Tj 0 -1.8 TD ( In 2002, Uruguay\222s banking system confronted its worst crisis si\ nce 1982-83. The liquidity assistance )Tj 0 -1.2 TD (provided by the authorities to domestic banks to help stem the run on de\ posits failed to restore confidence. )Tj T* (Between )Tj 22.305 -2.72 Td (S-6 )Tj ET 0.5 0.5 0.5 rg 10 154.649 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(12 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 663 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 749.6628 Tm (January 1, 2002 and February 28, 2003, depositors withdrew approximately\ US$6.8 billion from the Uruguayan )Tj 0 -1.2 TD (banking system \(out of approximately US$14.2 billion of deposits existi\ ng as of December 31, 2001\). Banks )Tj T* (responded to depositors\222 demands by withdrawing approximately US$1.1 \ billion in reserves and voluntary )Tj 0 -1.2 TD (deposits held with Banco Central and reducing to practically none the av\ ailability of credit. The financial system )Tj 0 -1.2 TD (received assistance of approximately US$2.0 billion from the Uruguayan a\ uthorities, including US$539.0 million )Tj T* (from Banco Central, US$524.0 million from the central government \(actin\ g through one of its agencies\) and US)Tj T* ($986.0 million from a banking stability fund created in response to the \ crisis. The 2002 crisis resulted in the )Tj T* (mandatory rescheduling of U.S. dollar-denominated time deposits held wit\ h Banco de la Rep\372blica and Banco )Tj 0 -1.2 TD (Hipotecario, the liquidation of four private banks at the end of 2002 an\ d the beginning of 2003, and the )Tj T* (concentration of banking activities with government-owned banks. Althoug\ h Uruguay\222s financial sector has )Tj T* (generally regained stability, a substantial part of the banks\222 assets\ and liabilities continue to be denominated in U.)Tj T* (S. dollars, rendering the system vulnerable to external shocks. Furtherm\ ore, despite the banks\222 increased liquidity, )Tj T* (they have not increased lending to the private sector. The Uruguayan gov\ ernment\222s economic program includes )Tj T* (the analysis and implementation of measures designed to address the shor\ tcomings of the banking system and )Tj 0 -1.2 TD (mitigate the risks to which it is exposed. )Tj 0 -1.804 TD ( )Tj /TT1 1 Tf (Risks of Further Depreciation of the Peso)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( On June 19, 2002, Banco Central allowed the peso to float, abandoni\ ng the \223crawling peg\224 system. The peso )Tj 0 -1.2 TD (depreciated significantly, as the nominal exchange rate rose 94.0% at De\ cember 2002 compared to )Tj T* (December 2001. The devaluation of the peso in turn caused a deterioratio\ n in the quality of the foreign currency-)Tj T* (denominated loan portfolio of several financial institutions and caused \ Uruguay\222s foreign currency-denominated )Tj T* (debt to GDP ratio to rise to 89.1% as of December 31, 2002, while the fo\ reign currency-denominated debt service )Tj T* (to exports ratio for 2002 was 33.6%. The gradual stabilization resulting\ in part from the successful debt re-)Tj T* (profiling in 2003 and the economic growth in 2004 have resulted in a sig\ nificant real appreciation of the )Tj T* (Uruguayan peso versus the dollar. The continued U.S. dollar denomination\ of many assets and liabilities of the )Tj T* (Uruguayan economy, including most of the government\222s financial debt,\ renders Uruguay vulnerable to a real )Tj T* (depreciation of the peso. )Tj 0 -1.804 TD ( )Tj /TT1 1 Tf (IMF Program )Tj /TT0 1 Tf 0 -1.8 TD ( Uruguay\222s current program with the International Monetary Fund \(\ IMF\), under which net disbursements )Tj 0 -1.2 TD (totaling US$1.1 billion between June 2005 and May 2008 are anticipated, \ was approved on June 8, 2005. The )Tj T* (program with the IMF includes certain quantitative objectives as well as\ performance criteria that Uruguay must )Tj T* (meet. On June 28, 2006 the Executive Board of the IMF completed the four\ th review under the three-year, SDR )Tj T* (766.25 million \(about US$1,130 million\) Stand-By Arrangement for Urugu\ ay of June 8, 2005 and made SDR )Tj T* (85.8 million \(approximately US$126.2 million\) immediately available to\ Uruguay. In completing the review, the )Tj T* (Board granted a waiver for the non-observance of the performance criteri\ on on police pension reform and reset )Tj T* (the deadline for compliance to end-October 2006; the modification of the\ performance criterion on tax reform; )Tj T* (and the modification of the end-June 2006 monetary performance criteria \ and targets. )Tj 0 -1.8 TD ( If Uruguay does not meet the performance criteria set out in the IM\ F program in the future \(and such criteria )Tj 0 -1.2 TD (are not amended or waived by the IMF\), the government may not be able t\ o obtain disbursements from the IMF )Tj T* (under the IMF program. This may also interfere with the government\222s \ ability to obtain financing from other )Tj T* (multilateral financial institutions and to refinance its debt facilities\ . The loss of official sector financing could )Tj T* (adversely affect Uruguay\222s fiscal viability, including its ability to\ service the Bonds. )Tj 22.305 -2.72 Td (S-7 )Tj ET 0.5 0.5 0.5 rg 10 45.883 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(13 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 664 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Artifact <>BDC BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(14 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 665 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 239.5063 746.1212 Tm (USE OF PROCEEDS)Tj /TT1 1 Tf ( )Tj -18.36 -1.8 Td ( The net proceeds to Uruguay from the sale of the Bonds will be appr\ oximately US$508,756,597.22, after )Tj 0 -1.2 TD (deduction of underwriting discounts and commissions and of certain expen\ ses payable by Uruguay estimated at )Tj 0 -1.2 TD (US$80,000 in the aggregate. Uruguay will use approximately US$400,000,00\ 0 of the aggregate net proceeds )Tj T* (from the sale of the Bonds and of Ps. 7,081,236,000 5.00% UI Bonds due 2\ 018 offered, concurrently with the )Tj T* (Bonds but solely outside the United States to Non-U.S. Persons in offsho\ re transactions in reliance on Regulation )Tj T* (S under the Securities Act, to purchase certain outstanding bonds of Uru\ guay tendered in the cash tender offer )Tj 0 -1.2 TD (launched concurrently with this offer and the balance for the refinancin\ g of external indebtedness with the official )Tj T* (sector and domestic indebtedness. )Tj 0 -1.8 TD ( The cash tender offer forms part of a series of liability managemen\ t transactions also comprising offers to )Tj 0 -1.2 TD (holders of 20 outstanding series of Uruguay\222s foreign currency extern\ al bonds maturing on or prior to 2019 and )Tj T* (one series due 2027 having an aggregate outstanding principal amount of \ approximately US$2.2 billion \(the )Tj T* (\223Eligible Bonds\224\) to exchange those instruments through concurren\ t modified Dutch auctions for Uruguay\222s )Tj T* (8.00% US$ Bonds due 2022 or its 7.625% US$ Bonds due 2036 to be issued b\ y the Republic of Uruguay upon )Tj T* (settlement of the transaction. The exchange offers and the cash tender o\ ffer will expire on October 27, 2006. )Tj 22.305 -2.72 Td (S-8 )Tj ET 0.5 0.5 0.5 rg 10 454.951 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(15 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 666 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /WebCaptureBG BMC /WebCaptureFN <>BDC q 0 18 595 806 re W* n /Artifact <>BDC Q 291.301 571.367 m 325.154 571.367 l 325.154 572.367 l 291.301 572.367 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 339.219 571.367 m 388.698 571.367 l 388.698 572.367 l 339.219 572.367 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 402.763 571.367 m 438.703 571.367 l 438.703 572.367 l 402.763 572.367 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 452.768 571.367 m 488.896 571.367 l 488.896 572.367 l 452.768 572.367 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 502.961 571.367 m 539.088 571.367 l 539.088 572.367 l 502.961 572.367 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 553.153 571.367 m 585 571.367 l 585 572.367 l 553.153 572.367 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 556.367 267.236 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 277.236 556.367 14.065 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 291.301 556.367 4.688 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 295.99 556.367 19.788 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 315.777 556.367 9.377 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 325.154 556.367 14.065 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 339.219 556.367 9.377 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 348.596 556.367 26.038 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 374.633 556.367 14.065 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 388.698 556.367 14.065 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 402.763 556.367 4.688 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 407.452 556.367 21.875 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 429.327 556.367 9.377 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 438.703 556.367 14.065 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 452.768 556.367 4.688 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 457.457 556.367 22.062 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 479.519 556.367 9.377 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 488.896 556.367 14.065 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 502.961 556.367 4.688 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 507.649 556.367 22.062 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 529.711 556.367 9.377 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 539.088 556.367 14.065 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 553.153 556.367 4.688 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 557.841 556.367 22.47 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 580.312 556.367 4.688 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 526.367 267.236 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 277.236 526.367 14.065 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 291.301 526.367 4.688 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 295.99 526.367 19.788 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 315.777 526.367 9.377 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 325.154 526.367 14.065 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 339.219 526.367 9.377 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 348.596 526.367 26.038 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 374.633 526.367 14.065 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 388.698 526.367 14.065 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 402.763 526.367 4.688 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 407.452 526.367 21.875 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 429.327 526.367 9.377 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 438.703 526.367 14.065 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 452.768 526.367 4.688 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 457.457 526.367 22.062 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 479.519 526.367 9.377 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 488.896 526.367 14.065 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 502.961 526.367 4.688 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 507.649 526.367 22.062 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 529.711 526.367 9.377 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 539.088 526.367 14.065 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 553.153 526.367 4.688 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 557.841 526.367 22.47 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 580.312 526.367 4.688 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 496.367 267.236 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 277.236 496.367 14.065 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 291.301 496.367 4.688 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 295.99 496.367 19.788 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 315.777 496.367 9.377 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 325.154 496.367 14.065 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 339.219 496.367 9.377 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 348.596 496.367 26.038 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 374.633 496.367 14.065 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 388.698 496.367 14.065 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 402.763 496.367 4.688 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 407.452 496.367 21.875 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 429.327 496.367 9.377 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 438.703 496.367 14.065 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 452.768 496.367 4.688 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 457.457 496.367 22.062 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 479.519 496.367 9.377 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 488.896 496.367 14.065 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 502.961 496.367 4.688 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 507.649 496.367 22.062 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 529.711 496.367 9.377 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 539.088 496.367 14.065 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 553.153 496.367 4.688 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 557.841 496.367 22.47 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 580.312 496.367 4.688 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 466.367 267.236 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 277.236 466.367 14.065 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 291.301 466.367 4.688 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 295.99 466.367 19.788 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 315.777 466.367 9.377 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 325.154 466.367 14.065 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 339.219 466.367 9.377 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 348.596 466.367 26.038 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 374.633 466.367 14.065 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 388.698 466.367 14.065 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 402.763 466.367 4.688 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 407.452 466.367 21.875 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 429.327 466.367 9.377 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 438.703 466.367 14.065 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 452.768 466.367 4.688 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 457.457 466.367 22.062 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 479.519 466.367 9.377 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 488.896 466.367 14.065 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 502.961 466.367 4.688 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 507.649 466.367 22.062 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 529.711 466.367 9.377 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 539.088 466.367 14.065 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 553.153 466.367 4.688 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 557.841 466.367 22.47 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 580.312 466.367 4.688 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 421.367 267.236 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 277.236 421.367 14.065 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 291.301 421.367 4.688 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 295.99 421.367 19.788 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 315.777 421.367 9.377 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 325.154 421.367 14.065 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 339.219 421.367 9.377 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 348.596 421.367 26.038 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 374.633 421.367 14.065 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 388.698 421.367 14.065 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 402.763 421.367 4.688 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 407.452 421.367 21.875 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 429.327 421.367 9.377 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 438.703 421.367 14.065 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 452.768 421.367 4.688 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 457.457 421.367 22.062 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 479.519 421.367 9.377 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 488.896 421.367 14.065 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 502.961 421.367 4.688 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 507.649 421.367 22.062 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 529.711 421.367 9.377 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 539.088 421.367 14.065 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 553.153 421.367 4.688 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 557.841 421.367 22.47 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 580.312 421.367 4.688 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 10 386.367 m 113.5 386.367 l 113.5 385.367 l 10 385.367 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 230.594 82.778 m 288.801 82.778 l 288.801 83.778 l 230.594 83.778 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 302.588 82.778 m 360.796 82.778 l 360.796 83.778 l 302.588 83.778 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 374.583 82.778 m 432.79 82.778 l 432.79 83.778 l 374.583 83.778 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 446.578 82.778 m 476.489 82.778 l 476.489 83.778 l 446.578 83.778 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 490.276 82.778 m 526.384 82.778 l 526.384 83.778 l 490.276 83.778 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 540.171 82.778 m 585 82.778 l 585 83.778 l 540.171 83.778 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 67.778 206.807 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 216.807 67.778 13.787 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 230.594 67.778 13.787 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 244.381 67.778 26.038 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 270.419 67.778 18.383 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 288.801 67.778 13.787 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 302.588 67.778 13.787 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 316.376 67.778 26.038 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 342.413 67.778 18.383 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 360.796 67.778 13.787 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 374.583 67.778 13.787 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 388.37 67.778 26.038 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 414.408 67.778 18.383 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 432.79 67.778 13.787 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 446.578 67.778 5.804 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 452.381 67.778 18.304 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 470.685 67.778 5.804 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 476.489 67.778 13.787 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 490.276 67.778 4.596 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 494.871 67.778 22.322 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 517.193 67.778 9.191 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 526.384 67.778 13.787 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 540.171 67.778 9.191 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 549.363 67.778 21.85 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 571.213 67.778 13.787 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 37.778 206.807 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 216.807 37.778 13.787 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 230.594 37.778 13.787 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 244.381 37.778 26.038 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 270.419 37.778 18.383 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 288.801 37.778 13.787 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 302.588 37.778 13.787 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 316.376 37.778 26.038 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 342.413 37.778 18.383 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 360.796 37.778 13.787 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 374.583 37.778 13.787 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 388.37 37.778 26.038 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 414.408 37.778 18.383 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 432.79 37.778 13.787 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 446.578 37.778 5.804 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 452.381 37.778 18.304 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 470.685 37.778 5.804 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 476.489 37.778 13.787 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 490.276 37.778 4.596 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 494.871 37.778 22.322 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 517.193 37.778 9.191 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 526.384 37.778 13.787 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 540.171 37.778 9.191 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 549.363 37.778 21.85 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 571.213 37.778 13.787 15 re f EMC EMC EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 217.4563 746.1212 Tm (RECENT DEVELOPMENTS)Tj /TT1 1 Tf ( )Tj /TT0 1 Tf -16.596 -2.403 Td (THE ECONOMY)Tj /TT1 1 Tf ( )Tj /TT0 1 Tf 0 -1.803 TD (Principal Sectors of the Economy)Tj /TT1 1 Tf ( )Tj 0 -1.8 TD ( The following table sets forth percentage changes from prior period\ s for gross domestic product by sector, )Tj 0 -1.2 TD (based on 1983 prices to eliminate distortions introduced by changes in r\ elative prices. )Tj /TT0 1 Tf 13.362 -3.003 Td (Change in Gross Domestic Product by Sector)Tj /TT1 1 Tf ( )Tj 0.849 -1.197 Td (\(% change from previous year, 1983 prices\) )Tj -14.211 -1.2 Td ( )Tj 21.379 0 Td ( )Tj 1.125 0 Td ( )Tj 0.375 0 Td ( )Tj 1.583 0 Td ( )Tj 0.75 0 Td ( )Tj 1.125 0 Td ( )Tj 0.75 0 Td ( )Tj 2.083 0 Td ( )Tj 1.125 0 Td ( )Tj 1.125 0 Td ( )Tj 0.375 0 Td ( )Tj 1.75 0 Td ( )Tj 0.75 0 Td ( )Tj 1.125 0 Td ( )Tj 0.375 0 Td ( )Tj 1.765 0 Td ( )Tj 0.75 0 Td ( )Tj 1.125 0 Td ( )Tj 0.375 0 Td ( )Tj 1.765 0 Td ( )Tj 0.75 0 Td ( )Tj 1.125 0 Td ( )Tj 0.375 0 Td ( )Tj 1.798 0 Td ( )Tj 10 0 0 10 10 574.7038 Tm ( )Tj 26.724 0 Td ( )Tj /TT0 1 Tf 2.099 0.097 Td (2001)Tj /TT1 1 Tf 2.693 -0.097 Td ( )Tj /TT0 1 Tf 2.88 0.097 Td (2002)Tj /TT1 1 Tf 3.474 -0.097 Td ( )Tj /TT0 1 Tf 2.204 0.097 Td (2003)Tj /TT1 1 Tf 2.797 -0.097 Td ( )Tj /TT0 1 Tf 1.717 0.097 Td (2004)Tj 8.5 0 0 8.5 475.8765 575.6705 Tm (\(1\))Tj /TT1 1 Tf 10 0 0 10 488.8956 574.7038 Tm ( )Tj /TT0 1 Tf 1.717 0.097 Td (2005)Tj 8.5 0 0 8.5 526.0688 575.6705 Tm (\(1\))Tj /TT1 1 Tf 10 0 0 10 539.0879 574.7038 Tm ( )Tj /TT0 1 Tf 1.503 0.097 Td (2006)Tj 8.5 0 0 8.5 574.121 575.6705 Tm (\(2\))Tj /TT1 1 Tf 12.5 0 0 12.5 25 560.5379 Tm (Agriculture, livestock and fishing)Tj 20.179 0 Td ( )Tj 1.25 0 Td ( \(7.1\))Tj 2.583 0 Td ( )Tj 1.125 0 Td ( )Tj 1.583 0 Td (5.1 )Tj 2.375 0 Td ( )Tj 1.125 0 Td ( )Tj 0.375 0 Td (10.6 )Tj 2.5 0 Td ( )Tj 1.125 0 Td ( )Tj 0.39 0 Td (10.6 )Tj 2.5 0 Td ( )Tj 1.125 0 Td ( )Tj 0.89 0 Td (3.2 )Tj 2 0 Td ( )Tj 1.125 0 Td ( )Tj 0.923 0 Td (5.4 )Tj -43.175 -1.2 Td (Mining)Tj 20.179 0 Td ( )Tj 1.25 0 Td ( \(5.2\))Tj 2.583 0 Td ( )Tj 1.625 0 Td ( \(37.6\))Tj 3.458 0 Td ( )Tj 1.125 0 Td ( )Tj 0.375 0 Td (14.1 )Tj 2.5 0 Td ( )Tj 1.125 0 Td ( )Tj 0.89 0 Td (7.2 )Tj 2 0 Td ( )Tj 1.125 0 Td ( )Tj 0.89 0 Td (4.4 )Tj 2 0 Td ( )Tj 1.125 0 Td ( )Tj 1.173 0 Td (\227 )Tj -43.425 -1.2 Td (Manufacturing)Tj 20.179 0 Td ( )Tj 1.25 0 Td ( \(7.6\))Tj 2.583 0 Td ( )Tj 1.625 0 Td ( \(13.9\))Tj 3.458 0 Td ( )Tj 1.125 0 Td ( )Tj 0.875 0 Td (4.7 )Tj 2 0 Td ( )Tj 1.125 0 Td ( )Tj 0.39 0 Td (20.8 )Tj 2.5 0 Td ( )Tj 1.125 0 Td ( )Tj 0.89 0 Td (9.5 )Tj 2 0 Td ( )Tj 1.125 0 Td ( )Tj 0.423 0 Td (21.1 )Tj -42.675 -1.2 Td (Electricity, gas and water)Tj 20.179 0 Td ( )Tj 1.125 0 Td ( )Tj 0.708 0 Td (1.7 )Tj 2 0 Td ( )Tj 1.625 0 Td ( )Tj 0.75 0 Td (\(0.6\))Tj 2.708 0 Td ( )Tj 1.25 0 Td ( )Tj 0.417 0 Td (\(7.4\))Tj 2.333 0 Td ( )Tj 1.125 0 Td ( )Tj 0.89 0 Td (1.8 )Tj 2 0 Td ( )Tj 1.125 0 Td ( )Tj 0.89 0 Td (6.5 )Tj 2 0 Td ( )Tj 1.125 0 Td ( )Tj 0.923 0 Td (0.3 )Tj -43.175 -1.2 Td (Construction)Tj 20.179 0 Td ( )Tj 1.25 0 Td ( \(8.7\))Tj 2.583 0 Td ( )Tj 1.625 0 Td ( \(22.0\))Tj 3.458 0 Td ( )Tj 1.25 0 Td ( )Tj 0.417 0 Td (\(7.1\))Tj 2.333 0 Td ( )Tj 1.125 0 Td ( )Tj 0.89 0 Td (7.5 )Tj 2 0 Td ( )Tj 1.125 0 Td ( )Tj 0.89 0 Td (4.7 )Tj 2 0 Td ( )Tj 1.125 0 Td ( )Tj 0.423 0 Td (13.4 )Tj -42.675 -1.2 Td (Commerce, restaurants and hotels)Tj 20.179 0 Td ( )Tj 1.25 0 Td ( \(3.2\))Tj 2.583 0 Td ( )Tj 1.625 0 Td ( \(24.5\))Tj 3.458 0 Td ( )Tj 1.25 0 Td ( )Tj 0.417 0 Td (\(1.0\))Tj 2.333 0 Td ( )Tj 1.125 0 Td ( )Tj 0.39 0 Td (21.3 )Tj 2.5 0 Td ( )Tj 1.125 0 Td ( )Tj 0.39 0 Td (11.6 )Tj 2.5 0 Td ( )Tj 1.125 0 Td ( )Tj 0.923 0 Td (8.2 )Tj -43.175 -1.2 Td (Transportation, storage and communications)Tj 20.179 0 Td ( )Tj 1.125 0 Td ( )Tj 0.708 0 Td (0.3 )Tj 2 0 Td ( )Tj 1.625 0 Td ( )Tj 0.75 0 Td (\(9.1\))Tj 2.708 0 Td ( )Tj 1.125 0 Td ( )Tj 0.875 0 Td (3.1 )Tj 2 0 Td ( )Tj 1.125 0 Td ( )Tj 0.39 0 Td (11.5 )Tj 2.5 0 Td ( )Tj 1.125 0 Td ( )Tj 0.39 0 Td (10.9 )Tj 2.5 0 Td ( )Tj 1.125 0 Td ( )Tj 0.423 0 Td (10.7 )Tj -42.675 -1.2 Td (Real estate, business, financial and insurance )Tj 0 -1.2 TD (services)Tj 20.179 0 Td ( )Tj 1.125 0 Td ( )Tj 0.708 0 Td (1.7 )Tj 2 0 Td ( )Tj 1.625 0 Td ( )Tj 0.75 0 Td (\(0.9\))Tj 2.708 0 Td ( )Tj 1.25 0 Td ( )Tj 0.417 0 Td (\(5.3\))Tj 2.333 0 Td ( )Tj 1.25 0 Td ( )Tj 0.432 0 Td (\(1.7\))Tj 2.333 0 Td ( )Tj 1.25 0 Td ( )Tj 0.432 0 Td (\(3.4\))Tj 2.333 0 Td ( )Tj 1.125 0 Td ( )Tj 1.173 0 Td (\227 )Tj -43.425 -1.2 Td (Other services \(3\)/\(4\))Tj 20.179 0 Td ( )Tj 1.25 0 Td ( \(2.3\))Tj 2.583 0 Td ( )Tj 1.625 0 Td ( )Tj 0.75 0 Td (\(3.3\))Tj 2.708 0 Td ( )Tj 1.125 0 Td ( )Tj 0.875 0 Td (0.7 )Tj 2 0 Td ( )Tj 1.125 0 Td ( )Tj 0.89 0 Td (3.2 )Tj 2 0 Td ( )Tj 1.125 0 Td ( )Tj 0.89 0 Td (1.4 )Tj 2 0 Td ( )Tj 1.125 0 Td ( )Tj 0.923 0 Td (3.2 )Tj -41.975 -1.2 Td (Total GDP)Tj 18.979 0 Td ( )Tj 1.25 0 Td ( \(3.4\))Tj 2.583 0 Td ( )Tj 1.625 0 Td ( \(11.0\))Tj 3.458 0 Td ( )Tj 1.125 0 Td ( )Tj 0.875 0 Td (2.2 )Tj 2 0 Td ( )Tj 1.125 0 Td ( )Tj 0.39 0 Td (11.8 )Tj 2.5 0 Td ( )Tj 1.125 0 Td ( )Tj 0.89 0 Td (6.6 )Tj 2 0 Td ( )Tj 1.125 0 Td ( )Tj 0.923 0 Td (8.4 )Tj 3.75 0 0 3.75 10 382.1186 Tm ( )Tj 12.5 0 0 12.5 10 370.0379 Tm (Notes:)Tj 45.5 0 Td ( )Tj 3.75 0 0 3.75 10 362.6186 Tm ( )Tj 12.5 0 0 12.5 10 350.5379 Tm (\(1\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (Preliminary data.)Tj 3.75 0 0 3.75 10 343.1186 Tm ( )Tj 12.5 0 0 12.5 10 331.0379 Tm (\(2\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (Preliminary data, % change six months ended June 30, 2006 as compared to\ the same period of 2005.)Tj 3.75 0 0 3.75 10 323.6186 Tm ( )Tj 12.5 0 0 12.5 10 311.5379 Tm (\(3\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (Includes public sector services and other services.)Tj 3.75 0 0 3.75 10 304.1186 Tm ( )Tj 12.5 0 0 12.5 10 292.0379 Tm (\(4\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (Includes mining, public sector services, real estate, business, financia\ l, insurance and other services, % )Tj 0 -1.2 TD (change six months ended June 30, 2006 as compared to the same period of \ 2005.)Tj /TT2 1 Tf -1.84 -1.803 Td (Source: )Tj /TT1 1 Tf (Banco Central )Tj 0 -1.804 TD ( )Tj /TT3 1 Tf (Agriculture, Livestock and Fishing)Tj /TT1 1 Tf ( )Tj 0 -1.8 TD ( The following tables set forth percentage changes from prior period\ s for livestock production and for )Tj 0 -1.2 TD (agricultural production for the periods indicated, based on 1983 prices \ to eliminate distortions introduced by )Tj 0 -1.2 TD (changes in relative prices. )Tj /TT0 1 Tf 18.43 -3.003 Td (Livestock Production)Tj /TT1 1 Tf ( )Tj -4.219 -1.197 Td (\(% change from previous year, 1983 prices\) )Tj -14.211 -1.2 Td ( )Tj 16.545 0 Td ( )Tj 1.103 0 Td ( )Tj 1.103 0 Td ( )Tj 2.083 0 Td ( )Tj 1.471 0 Td ( )Tj 1.103 0 Td ( )Tj 1.103 0 Td ( )Tj 2.083 0 Td ( )Tj 1.471 0 Td ( )Tj 1.103 0 Td ( )Tj 1.103 0 Td ( )Tj 2.083 0 Td ( )Tj 1.471 0 Td ( )Tj 1.103 0 Td ( )Tj 0.464 0 Td ( )Tj 1.464 0 Td ( )Tj 0.464 0 Td ( )Tj 1.103 0 Td ( )Tj 0.368 0 Td ( )Tj 1.786 0 Td ( )Tj 0.735 0 Td ( )Tj 1.103 0 Td ( )Tj 0.735 0 Td ( )Tj 1.748 0 Td ( )Tj 10 0 0 10 10 99.1141 Tm ( )Tj 20.681 0 Td ( )Tj 1.379 0 Td ( )Tj 1.379 0 Td ( )Tj 2.604 0 Td ( )Tj 1.838 0 Td ( )Tj 1.379 0 Td ( )Tj 1.379 0 Td ( )Tj 2.604 0 Td ( )Tj 1.838 0 Td ( )Tj 1.379 0 Td ( )Tj 1.379 0 Td ( )Tj 2.604 0 Td ( )Tj 1.838 0 Td ( )Tj 1.379 0 Td ( )Tj 0.58 0 Td ( )Tj 1.83 0 Td ( )Tj 0.58 0 Td ( )Tj 1.379 0 Td ( )Tj 0.46 0 Td ( )Tj 2.232 0 Td ( )Tj 0.919 0 Td ( )Tj /TT0 1 Tf 1.648 -0.003 Td (Jan-June)Tj /TT1 1 Tf -53.286 -1.297 Td ( )Tj 20.681 0 Td ( )Tj /TT0 1 Tf 3.289 0.097 Td (2001)Tj /TT1 1 Tf 3.91 -0.097 Td ( )Tj /TT0 1 Tf 3.289 0.097 Td (2002)Tj /TT1 1 Tf 3.91 -0.097 Td ( )Tj /TT0 1 Tf 2.794 0.097 Td (2003)Tj 8.5 0 0 8.5 408.7313 87.0808 Tm (\(1\))Tj /TT1 1 Tf 10 0 0 10 432.7905 86.1141 Tm ( )Tj /TT0 1 Tf 1.379 0.097 Td (2004)Tj 8.5 0 0 8.5 466.5776 87.0808 Tm (\(1\))Tj /TT1 1 Tf 10 0 0 10 476.4886 86.1141 Tm ( )Tj /TT0 1 Tf 1.689 0.097 Td (2005)Tj 8.5 0 0 8.5 513.3745 87.0808 Tm (\(1\))Tj /TT1 1 Tf 10 0 0 10 526.3844 86.1141 Tm ( )Tj /TT0 1 Tf 2.62 0.097 Td (2006)Tj /TT1 1 Tf 12.5 0 0 12.5 25 71.9482 Tm (Total livestock production)Tj 15.345 0 Td ( )Tj 1.956 0 Td ( )Tj 0.75 0 Td (\(2.9\))Tj 3.054 0 Td ( )Tj 1.103 0 Td ( )Tj 1.936 0 Td (0.3 )Tj 2.721 0 Td ( )Tj 1.956 0 Td ( )Tj 0.75 0 Td (\(0.2\))Tj 3.054 0 Td ( )Tj 1.103 0 Td ( )Tj 0.679 0 Td (7.9 )Tj 1.714 0 Td ( )Tj 1.103 0 Td ( )Tj 0.903 0 Td (5.8 )Tj 1.985 0 Td ( )Tj 1.103 0 Td ( )Tj 1.233 0 Td (5.9 )Tj -41.247 -1.2 Td (Cattle)Tj 14.145 0 Td ( )Tj 1.956 0 Td ( )Tj 0.75 0 Td (\(6.3\))Tj 3.054 0 Td ( )Tj 1.103 0 Td ( )Tj 1.436 0 Td (14.4 )Tj 3.221 0 Td ( )Tj 1.103 0 Td ( )Tj 1.936 0 Td (4.7 )Tj 2.721 0 Td ( )Tj 1.103 0 Td ( )Tj 0.679 0 Td (7.6 )Tj 1.714 0 Td ( )Tj 1.103 0 Td ( )Tj 0.903 0 Td (3.6 )Tj 1.985 0 Td ( )Tj 1.103 0 Td ( )Tj 1.233 0 Td (6.9 )Tj -41.247 -1.2 Td (Dairy products)Tj 14.145 0 Td ( )Tj 1.103 0 Td ( )Tj 1.936 0 Td (7.3 )Tj 2.721 0 Td ( )Tj 1.956 0 Td ( )Tj 0.75 0 Td (\(4.4\))Tj 3.054 0 Td ( )Tj 1.103 0 Td ( )Tj 1.936 0 Td (6.3 )Tj 2.721 0 Td ( )Tj 1.103 0 Td ( )Tj 0.679 0 Td (9.4 )Tj 1.714 0 Td ( )Tj 1.103 0 Td ( )Tj 0.903 0 Td (2.1 )Tj 1.985 0 Td ( )Tj 1.103 0 Td ( )Tj 1.233 0 Td (4.7 )Tj ET EMC /Artifact <>BDC Q 0 0 0 rg BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(16 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 667 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n BT /TT0 1 Tf 12.5 0 0 12.5 40 805.1705 Tm (Wool)Tj 14.145 0 Td ( )Tj 1.956 0 Td ( \(13.2\))Tj 3.804 0 Td ( )Tj 1.956 0 Td ( \(16.7\))Tj 3.804 0 Td ( )Tj 1.956 0 Td ( \(11.1\))Tj 3.804 0 Td ( )Tj 1.103 0 Td ( )Tj 0.679 0 Td (3.0 )Tj 1.714 0 Td ( )Tj 1.103 0 Td ( )Tj 0.403 0 Td (22.6 )Tj 2.485 0 Td ( )Tj 1.588 0 Td ( )Tj 0.415 0 Td (\(0.2\))Tj -21.009 -2.72 Td (S-9 )Tj ET 0.5 0.5 0.5 rg 10 739 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(17 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 668 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /WebCaptureBG BMC /WebCaptureFN <>BDC q 0 18 595 806 re W* n /Artifact <>BDC Q 234.178 686.992 m 289.204 686.992 l 289.204 687.992 l 234.178 687.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 302.655 686.992 m 348.714 686.992 l 348.714 687.992 l 302.655 687.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 362.164 686.992 m 397.937 686.992 l 397.937 687.992 l 362.164 687.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 411.387 686.992 m 451.346 686.992 l 451.346 687.992 l 411.387 687.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 464.797 686.992 m 517.736 686.992 l 517.736 687.992 l 464.797 687.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 531.186 686.992 m 585 686.992 l 585 687.992 l 531.186 687.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 671.992 210.727 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 220.727 671.992 13.451 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 234.178 671.992 13.451 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 247.628 671.992 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 275.753 671.992 13.451 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 289.204 671.992 13.451 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 302.655 671.992 8.967 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 311.622 671.992 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 339.747 671.992 8.967 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 348.714 671.992 13.451 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 362.164 671.992 4.484 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 366.648 671.992 22.322 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 388.969 671.992 8.967 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 397.937 671.992 13.451 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 411.387 671.992 8.967 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 420.354 671.992 22.025 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 442.379 671.992 8.967 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 451.346 671.992 13.451 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 464.797 671.992 13.451 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 478.247 671.992 26.038 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 504.285 671.992 13.451 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 517.736 671.992 13.451 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 531.186 671.992 13.451 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.637 671.992 26.913 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 571.549 671.992 13.451 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 641.992 210.727 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 220.727 641.992 13.451 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 234.178 641.992 13.451 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 247.628 641.992 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 275.753 641.992 13.451 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 289.204 641.992 13.451 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 302.655 641.992 8.967 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 311.622 641.992 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 339.747 641.992 8.967 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 348.714 641.992 13.451 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 362.164 641.992 4.484 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 366.648 641.992 22.322 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 388.969 641.992 8.967 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 397.937 641.992 13.451 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 411.387 641.992 8.967 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 420.354 641.992 22.025 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 442.379 641.992 8.967 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 451.346 641.992 13.451 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 464.797 641.992 13.451 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 478.247 641.992 26.038 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 504.285 641.992 13.451 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 517.736 641.992 13.451 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 531.186 641.992 13.451 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.637 641.992 26.913 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 571.549 641.992 13.451 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 611.992 210.727 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 220.727 611.992 13.451 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 234.178 611.992 13.451 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 247.628 611.992 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 275.753 611.992 13.451 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 289.204 611.992 13.451 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 302.655 611.992 8.967 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 311.622 611.992 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 339.747 611.992 8.967 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 348.714 611.992 13.451 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 362.164 611.992 4.484 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 366.648 611.992 22.322 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 388.969 611.992 8.967 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 397.937 611.992 13.451 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 411.387 611.992 8.967 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 420.354 611.992 22.025 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 442.379 611.992 8.967 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 451.346 611.992 13.451 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 464.797 611.992 13.451 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 478.247 611.992 26.038 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 504.285 611.992 13.451 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 517.736 611.992 13.451 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 531.186 611.992 13.451 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.637 611.992 26.913 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 571.549 611.992 13.451 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 581.992 210.727 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 220.727 581.992 13.451 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 234.178 581.992 13.451 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 247.628 581.992 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 275.753 581.992 13.451 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 289.204 581.992 13.451 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 302.655 581.992 8.967 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 311.622 581.992 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 339.747 581.992 8.967 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 348.714 581.992 13.451 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 362.164 581.992 4.484 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 366.648 581.992 22.322 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 388.969 581.992 8.967 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 397.937 581.992 13.451 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 411.387 581.992 8.967 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 420.354 581.992 22.025 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 442.379 581.992 8.967 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 451.346 581.992 13.451 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 464.797 581.992 13.451 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 478.247 581.992 26.038 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 504.285 581.992 13.451 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 517.736 581.992 13.451 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 531.186 581.992 13.451 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.637 581.992 26.913 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 571.549 581.992 13.451 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 247.628 581.992 m 275.753 581.992 l 275.753 580.992 l 247.628 580.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 311.622 581.992 m 339.747 581.992 l 339.747 580.992 l 311.622 580.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 366.648 581.992 m 388.969 581.992 l 388.969 580.992 l 366.648 580.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 420.354 581.992 m 442.379 581.992 l 442.379 580.992 l 420.354 580.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 478.247 581.992 m 504.285 581.992 l 504.285 580.992 l 478.247 580.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.637 581.992 m 571.549 581.992 l 571.549 580.992 l 544.637 580.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 247.628 564.792 m 275.753 564.792 l 275.753 563.792 l 247.628 563.792 l h f 247.628 562.792 m 275.753 562.792 l 275.753 561.792 l 247.628 561.792 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 311.622 564.792 m 339.747 564.792 l 339.747 563.792 l 311.622 563.792 l h f 311.622 562.792 m 339.747 562.792 l 339.747 561.792 l 311.622 561.792 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 366.648 564.792 m 388.969 564.792 l 388.969 563.792 l 366.648 563.792 l h f 366.648 562.792 m 388.969 562.792 l 388.969 561.792 l 366.648 561.792 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 420.354 564.792 m 442.379 564.792 l 442.379 563.792 l 420.354 563.792 l h f 420.354 562.792 m 442.379 562.792 l 442.379 561.792 l 420.354 561.792 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 478.247 564.792 m 504.285 564.792 l 504.285 563.792 l 478.247 563.792 l h f 478.247 562.792 m 504.285 562.792 l 504.285 561.792 l 478.247 561.792 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.637 564.792 m 571.549 564.792 l 571.549 563.792 l 544.637 563.792 l h f 544.637 562.792 m 571.549 562.792 l 571.549 561.792 l 544.637 561.792 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 540.592 m 113.5 540.592 l 113.5 539.592 l 10 539.592 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 232.031 359.961 m 295.861 359.961 l 295.861 360.961 l 232.031 360.961 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 319.481 359.961 m 373.863 359.961 l 373.863 360.961 l 319.481 360.961 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 397.484 359.961 m 439.219 359.961 l 439.219 360.961 l 397.484 360.961 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 462.84 359.961 m 517.222 359.961 l 517.222 360.961 l 462.84 360.961 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 540.842 359.961 m 585 359.961 l 585 360.961 l 540.842 360.961 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 344.961 198.411 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 208.411 344.961 23.62 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 232.031 344.961 18.896 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 250.927 344.961 26.038 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 276.965 344.961 18.896 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 295.861 344.961 23.62 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 319.481 344.961 14.172 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 333.654 344.961 26.038 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 359.691 344.961 14.172 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 373.863 344.961 23.62 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 397.484 344.961 9.448 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 406.932 344.961 21.875 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 428.807 344.961 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 439.219 344.961 23.62 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 462.84 344.961 14.172 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 477.012 344.961 26.038 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 503.049 344.961 14.172 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 517.222 344.961 23.62 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 540.842 344.961 9.448 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 550.29 344.961 22.682 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 572.973 344.961 12.027 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 314.961 198.411 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 208.411 314.961 23.62 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 232.031 314.961 18.896 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 250.927 314.961 26.038 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 276.965 314.961 18.896 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 295.861 314.961 23.62 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 319.481 314.961 14.172 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 333.654 314.961 26.038 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 359.691 314.961 14.172 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 373.863 314.961 23.62 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 397.484 314.961 9.448 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 406.932 314.961 21.875 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 428.807 314.961 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 439.219 314.961 23.62 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 462.84 314.961 14.172 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 477.012 314.961 26.038 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 503.049 314.961 14.172 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 517.222 314.961 23.62 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 540.842 314.961 9.448 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 550.29 314.961 22.682 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 572.973 314.961 12.027 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 284.961 198.411 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 208.411 284.961 23.62 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 232.031 284.961 18.896 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 250.927 284.961 26.038 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 276.965 284.961 18.896 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 295.861 284.961 23.62 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 319.481 284.961 14.172 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 333.654 284.961 26.038 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 359.691 284.961 14.172 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 373.863 284.961 23.62 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 397.484 284.961 9.448 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 406.932 284.961 21.875 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 428.807 284.961 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 439.219 284.961 23.62 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 462.84 284.961 14.172 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 477.012 284.961 26.038 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 503.049 284.961 14.172 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 517.222 284.961 23.62 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 540.842 284.961 9.448 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 550.29 284.961 22.682 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 572.973 284.961 12.027 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 254.961 198.411 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 208.411 254.961 23.62 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 232.031 254.961 18.896 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 250.927 254.961 26.038 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 276.965 254.961 18.896 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 295.861 254.961 23.62 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 319.481 254.961 14.172 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 333.654 254.961 26.038 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 359.691 254.961 14.172 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 373.863 254.961 23.62 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 397.484 254.961 9.448 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 406.932 254.961 21.875 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 428.807 254.961 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 439.219 254.961 23.62 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 462.84 254.961 14.172 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 477.012 254.961 26.038 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 503.049 254.961 14.172 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 517.222 254.961 23.62 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 540.842 254.961 9.448 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 550.29 254.961 22.682 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 572.973 254.961 12.027 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 224.961 198.411 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 208.411 224.961 23.62 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 232.031 224.961 18.896 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 250.927 224.961 26.038 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 276.965 224.961 18.896 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 295.861 224.961 23.62 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 319.481 224.961 14.172 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 333.654 224.961 26.038 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 359.691 224.961 14.172 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 373.863 224.961 23.62 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 397.484 224.961 9.448 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 406.932 224.961 21.875 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 428.807 224.961 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 439.219 224.961 23.62 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 462.84 224.961 14.172 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 477.012 224.961 26.038 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 503.049 224.961 14.172 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 517.222 224.961 23.62 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 540.842 224.961 9.448 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 550.29 224.961 22.682 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 572.973 224.961 12.027 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 194.961 198.411 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 208.411 194.961 23.62 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 232.031 194.961 18.896 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 250.927 194.961 26.038 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 276.965 194.961 18.896 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 295.861 194.961 23.62 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 319.481 194.961 14.172 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 333.654 194.961 26.038 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 359.691 194.961 14.172 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 373.863 194.961 23.62 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 397.484 194.961 9.448 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 406.932 194.961 21.875 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 428.807 194.961 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 439.219 194.961 23.62 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 462.84 194.961 14.172 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 477.012 194.961 26.038 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 503.049 194.961 14.172 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 517.222 194.961 23.62 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 540.842 194.961 9.448 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 550.29 194.961 22.682 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 572.973 194.961 12.027 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 164.961 198.411 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 208.411 164.961 23.62 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 232.031 164.961 18.896 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 250.927 164.961 26.038 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 276.965 164.961 18.896 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 295.861 164.961 23.62 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 319.481 164.961 14.172 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 333.654 164.961 26.038 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 359.691 164.961 14.172 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 373.863 164.961 23.62 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 397.484 164.961 9.448 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 406.932 164.961 21.875 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 428.807 164.961 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 439.219 164.961 23.62 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 462.84 164.961 14.172 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 477.012 164.961 26.038 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 503.049 164.961 14.172 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 517.222 164.961 23.62 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 540.842 164.961 9.448 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 550.29 164.961 22.682 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 572.973 164.961 12.027 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 250.927 164.961 m 276.965 164.961 l 276.965 163.961 l 250.927 163.961 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 333.654 164.961 m 359.691 164.961 l 359.691 163.961 l 333.654 163.961 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 406.932 164.961 m 428.807 164.961 l 428.807 163.961 l 406.932 163.961 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 477.012 164.961 m 503.049 164.961 l 503.049 163.961 l 477.012 163.961 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 550.29 164.961 m 572.973 164.961 l 572.973 163.961 l 550.29 163.961 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 250.927 147.761 m 276.965 147.761 l 276.965 146.761 l 250.927 146.761 l h f 250.927 145.761 m 276.965 145.761 l 276.965 144.761 l 250.927 144.761 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 333.654 147.761 m 359.691 147.761 l 359.691 146.761 l 333.654 146.761 l h f 333.654 145.761 m 359.691 145.761 l 359.691 144.761 l 333.654 144.761 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 406.932 147.761 m 428.807 147.761 l 428.807 146.761 l 406.932 146.761 l h f 406.932 145.761 m 428.807 145.761 l 428.807 144.761 l 406.932 144.761 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 477.012 147.761 m 503.049 147.761 l 503.049 146.761 l 477.012 146.761 l h f 477.012 145.761 m 503.049 145.761 l 503.049 144.761 l 477.012 144.761 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 550.29 147.761 m 572.973 147.761 l 572.973 146.761 l 550.29 146.761 l h f 550.29 145.761 m 572.973 145.761 l 572.973 144.761 l 550.29 144.761 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 123.561 m 113.5 123.561 l 113.5 122.561 l 10 122.561 l h f EMC EMC EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 232.7437 746.1212 Tm (Agricultural Production)Tj /TT1 1 Tf ( )Tj -3.608 -1.197 Td (\(% change from previous year, 1983 prices\) )Tj -14.211 -1.2 Td ( )Tj 16.858 0 Td ( )Tj 1.076 0 Td ( )Tj 1.076 0 Td ( )Tj 2.25 0 Td ( )Tj 1.076 0 Td ( )Tj 1.076 0 Td ( )Tj 0.717 0 Td ( )Tj 2.25 0 Td ( )Tj 0.717 0 Td ( )Tj 1.076 0 Td ( )Tj 0.359 0 Td ( )Tj 1.786 0 Td ( )Tj 0.717 0 Td ( )Tj 1.076 0 Td ( )Tj 0.717 0 Td ( )Tj 1.762 0 Td ( )Tj 0.717 0 Td ( )Tj 1.076 0 Td ( )Tj 1.076 0 Td ( )Tj 2.083 0 Td ( )Tj 1.076 0 Td ( )Tj 1.076 0 Td ( )Tj 1.076 0 Td ( )Tj 2.153 0 Td ( )Tj 10 0 0 10 10 703.3287 Tm ( )Tj 21.073 0 Td ( )Tj 1.345 0 Td ( )Tj 1.345 0 Td ( )Tj 2.813 0 Td ( )Tj 1.345 0 Td ( )Tj 1.345 0 Td ( )Tj 0.897 0 Td ( )Tj 2.813 0 Td ( )Tj 0.897 0 Td ( )Tj 1.345 0 Td ( )Tj 0.448 0 Td ( )Tj 2.232 0 Td ( )Tj 0.897 0 Td ( )Tj 1.345 0 Td ( )Tj 0.897 0 Td ( )Tj 2.202 0 Td ( )Tj 0.897 0 Td ( )Tj 1.345 0 Td ( )Tj 1.345 0 Td ( )Tj 2.604 0 Td ( )Tj 1.345 0 Td ( )Tj /TT0 1 Tf 2.063 -0.003 Td (Jan-June)Tj /TT1 1 Tf -52.837 -1.297 Td ( )Tj 21.073 0 Td ( )Tj /TT0 1 Tf 3.096 0.097 Td (2001)Tj /TT1 1 Tf 3.751 -0.097 Td ( )Tj /TT0 1 Tf 2.648 0.097 Td (2002)Tj /TT1 1 Tf 3.303 -0.097 Td ( )Tj /TT0 1 Tf 1.638 0.097 Td (2003)Tj 8.5 0 0 8.5 385.0949 691.2954 Tm (\(1\))Tj /TT1 1 Tf 10 0 0 10 397.9365 690.3287 Tm ( )Tj /TT0 1 Tf 1.847 0.097 Td (2004)Tj 8.5 0 0 8.5 436.4111 691.2954 Tm (\(1\))Tj /TT1 1 Tf 10 0 0 10 451.3461 690.3287 Tm ( )Tj /TT0 1 Tf 2.496 0.097 Td (2005)Tj 8.5 0 0 8.5 496.3106 691.2954 Tm (\(1\))Tj /TT1 1 Tf 10 0 0 10 517.7355 690.3287 Tm ( )Tj /TT0 1 Tf 3.036 0.097 Td (2006)Tj /TT1 1 Tf 12.5 0 0 12.5 25 676.1628 Tm (Cereals)Tj 15.658 0 Td ( )Tj 1.902 0 Td ( )Tj 0.417 0 Td (\(22.5\))Tj 3.159 0 Td ( )Tj 1.076 0 Td ( )Tj 1.717 0 Td (0.0 )Tj 1.967 0 Td ( )Tj 1.076 0 Td ( )Tj 0.394 0 Td (26.0 )Tj 2.467 0 Td ( )Tj 1.076 0 Td ( )Tj 0.729 0 Td (22.4 )Tj 2.467 0 Td ( )Tj 1.902 0 Td ( )Tj 0.75 0 Td (\(5.3\))Tj 2.659 0 Td ( )Tj 1.076 0 Td ( )Tj 1.979 0 Td (8.6 )Tj -41.274 -1.2 Td (Wheat)Tj 14.458 0 Td ( )Tj 1.902 0 Td ( )Tj 0.417 0 Td (\(52.5\))Tj 3.159 0 Td ( )Tj 1.076 0 Td ( )Tj 1.217 0 Td (29.1 )Tj 2.467 0 Td ( )Tj 1.076 0 Td ( )Tj 0.394 0 Td (57.6 )Tj 2.467 0 Td ( )Tj 1.076 0 Td ( )Tj 0.729 0 Td (63.2 )Tj 2.467 0 Td ( )Tj 1.902 0 Td ( \(11.3\))Tj 3.409 0 Td ( )Tj 1.076 0 Td ( )Tj 1.479 0 Td (15.7 )Tj -40.774 -1.2 Td (Rice)Tj 14.458 0 Td ( )Tj 1.902 0 Td ( )Tj 0.417 0 Td (\(11.9\))Tj 3.159 0 Td ( )Tj 1.543 0 Td ( )Tj 0.917 0 Td (\(6.2\))Tj 2.3 0 Td ( )Tj 1.076 0 Td ( )Tj 0.394 0 Td (15.1 )Tj 2.467 0 Td ( )Tj 1.076 0 Td ( )Tj 0.729 0 Td (13.8 )Tj 2.467 0 Td ( )Tj 1.076 0 Td ( )Tj 1.909 0 Td (3.9 )Tj 2.326 0 Td ( )Tj 1.076 0 Td ( )Tj 1.979 0 Td (5.1 )Tj -42.474 -1.2 Td (Oil Products)Tj 15.658 0 Td ( )Tj 1.076 0 Td ( )Tj 1.076 0 Td (146.0 )Tj 3.326 0 Td ( )Tj 1.076 0 Td ( )Tj 0.717 0 Td (104.4 )Tj 2.967 0 Td ( )Tj 1.076 0 Td ( )Tj 0.394 0 Td (48.5 )Tj 2.467 0 Td ( )Tj 1.076 0 Td ( )Tj 0.729 0 Td (19.3 )Tj 2.467 0 Td ( )Tj 1.076 0 Td ( )Tj 1.409 0 Td (16.1 )Tj 2.826 0 Td ( )Tj 1.076 0 Td ( )Tj 1.479 0 Td (13.6 )Tj -41.974 -1.2 Td (Vegetables)Tj 15.658 0 Td ( )Tj 1.076 0 Td ( )Tj 2.076 0 Td (9.0 )Tj 2.326 0 Td ( )Tj 1.076 0 Td ( )Tj 1.717 0 Td (5.5 )Tj 1.967 0 Td ( )Tj 1.076 0 Td ( )Tj 0.394 0 Td (10.1 )Tj 2.467 0 Td ( )Tj 1.543 0 Td ( )Tj 0.429 0 Td (\(9.0\))Tj 2.3 0 Td ( )Tj 1.076 0 Td ( )Tj 1.909 0 Td (8.9 )Tj 2.326 0 Td ( )Tj 1.902 0 Td ( )Tj 0.82 0 Td (\(0.3\))Tj -42.141 -1.2 Td (Fruits)Tj 15.658 0 Td ( )Tj 1.076 0 Td ( )Tj 2.076 0 Td (0.8 )Tj 2.326 0 Td ( )Tj 1.076 0 Td ( )Tj 1.717 0 Td (0.3 )Tj 1.967 0 Td ( )Tj 1.076 0 Td ( )Tj 0.894 0 Td (6.2 )Tj 1.967 0 Td ( )Tj 1.076 0 Td ( )Tj 1.229 0 Td (3.5 )Tj 1.967 0 Td ( )Tj 1.076 0 Td ( )Tj 1.909 0 Td (9.3 )Tj 2.326 0 Td ( )Tj 1.902 0 Td ( )Tj 0.32 0 Td (\(10.3\))Tj -41.641 -1.2 Td (Other Agricultural)Tj 15.658 0 Td ( )Tj 1.076 0 Td ( )Tj 2.076 0 Td (0.3 )Tj 2.326 0 Td ( )Tj 1.076 0 Td ( )Tj 1.717 0 Td (0.0 )Tj 1.967 0 Td ( )Tj 1.076 0 Td ( )Tj 0.894 0 Td (6.1 )Tj 1.967 0 Td ( )Tj 1.543 0 Td ( )Tj 0.429 0 Td (\(2.4\))Tj 2.3 0 Td ( )Tj 1.076 0 Td ( )Tj 1.409 0 Td (11.4 )Tj 2.826 0 Td ( )Tj 1.902 0 Td ( )Tj 0.82 0 Td (\(2.0\))Tj 1 0 0 1 25 580.6259 Tm ( )Tj 195.727 0 Td ( )Tj 13.451 0 Td ( )Tj 41.326 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 13.451 0 Td ( )Tj 13.451 0 Td ( )Tj 36.842 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 8.967 0 Td ( )Tj 13.451 0 Td ( )Tj 26.555 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 8.967 0 Td ( )Tj 13.451 0 Td ( )Tj 30.742 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 8.967 0 Td ( )Tj 13.451 0 Td ( )Tj 39.238 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 13.451 0 Td ( )Tj 13.451 0 Td ( )Tj 40.113 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 12.5 0 0 12.5 25 568.9628 Tm (Total agricultural production)Tj 15.658 0 Td ( )Tj 1.902 0 Td ( )Tj 0.917 0 Td (\(6.8\))Tj 2.659 0 Td ( )Tj 1.076 0 Td ( )Tj 1.217 0 Td (11.2 )Tj 2.467 0 Td ( )Tj 1.076 0 Td ( )Tj 0.394 0 Td (23.3 )Tj 2.467 0 Td ( )Tj 1.076 0 Td ( )Tj 0.729 0 Td (13.4 )Tj 2.467 0 Td ( )Tj 1.076 0 Td ( )Tj 1.909 0 Td (4.0 )Tj 2.326 0 Td ( )Tj 1.076 0 Td ( )Tj 1.979 0 Td (5.1 )Tj 1 0 0 1 25 562.4259 Tm ( )Tj 195.727 0 Td ( )Tj 13.451 0 Td ( )Tj 41.326 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 13.451 0 Td ( )Tj 13.451 0 Td ( )Tj 36.842 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 8.967 0 Td ( )Tj 13.451 0 Td ( )Tj 26.555 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 8.967 0 Td ( )Tj 13.451 0 Td ( )Tj 30.742 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 8.967 0 Td ( )Tj 13.451 0 Td ( )Tj 39.238 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 13.451 0 Td ( )Tj 13.451 0 Td ( )Tj 40.113 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 3.75 0 0 3.75 10 536.3434 Tm ( )Tj 12.5 0 0 12.5 10 524.2628 Tm (\(1\))Tj 6.668 0 Td ( )Tj 2.223 0 Td (Preliminary data.)Tj /TT2 1 Tf -8.891 -1.803 Td (Source)Tj /TT1 1 Tf (: Banco Central. )Tj 0 -1.804 TD ( )Tj /TT3 1 Tf (Manufacturing)Tj /TT1 1 Tf ( )Tj 0 -1.8 TD ( The following table sets forth information regarding manufactured g\ oods production for the periods indicated. )Tj 14.46 -3 Td (Selected Manufacturing Goods Production )Tj /TT0 1 Tf -0.777 -1.203 Td (\(% change from previous year, 1983 prices\))Tj /TT1 1 Tf ( )Tj -13.682 -1.2 Td ( )Tj 15.873 0 Td ( )Tj 1.89 0 Td ( )Tj 1.512 0 Td ( )Tj 2.083 0 Td ( )Tj 1.512 0 Td ( )Tj 1.89 0 Td ( )Tj 1.134 0 Td ( )Tj 2.083 0 Td ( )Tj 1.134 0 Td ( )Tj 1.89 0 Td ( )Tj 0.756 0 Td ( )Tj 1.75 0 Td ( )Tj 0.833 0 Td ( )Tj 1.89 0 Td ( )Tj 1.134 0 Td ( )Tj 2.083 0 Td ( )Tj 1.134 0 Td ( )Tj 1.89 0 Td ( )Tj 0.756 0 Td ( )Tj 1.815 0 Td ( )Tj 10 0 0 10 10 376.2974 Tm ( )Tj 19.841 0 Td ( )Tj 2.362 0 Td ( )Tj 1.89 0 Td ( )Tj 2.604 0 Td ( )Tj 1.89 0 Td ( )Tj 2.362 0 Td ( )Tj 1.417 0 Td ( )Tj 2.604 0 Td ( )Tj 1.417 0 Td ( )Tj 2.362 0 Td ( )Tj 0.945 0 Td ( )Tj 2.188 0 Td ( )Tj 1.041 0 Td ( )Tj 2.362 0 Td ( )Tj 1.417 0 Td ( )Tj 2.604 0 Td ( )Tj 1.417 0 Td ( )Tj /TT0 1 Tf 2.597 -0.003 Td (Jan-June)Tj /TT1 1 Tf -53.32 -1.297 Td ( )Tj 19.841 0 Td ( )Tj /TT0 1 Tf 4.554 0.097 Td (2002)Tj /TT1 1 Tf 4.191 -0.097 Td ( )Tj /TT0 1 Tf 4.081 0.097 Td (2003)Tj /TT1 1 Tf 3.719 -0.097 Td ( )Tj /TT0 1 Tf 3.449 0.097 Td (2004)Tj /TT1 1 Tf 3.087 -0.097 Td ( )Tj /TT0 1 Tf 3.586 0.097 Td (2005)Tj 8.5 0 0 8.5 495.0751 364.2641 Tm (\(1\))Tj /TT1 1 Tf 10 0 0 10 517.2215 363.2974 Tm ( )Tj /TT0 1 Tf 3.074 0.097 Td (2006)Tj 8.5 0 0 8.5 567.9654 364.2641 Tm (\(1\))Tj /TT1 1 Tf 12.5 0 0 12.5 25 349.1315 Tm (Foodstuffs:)Tj 14.673 0 Td ( )Tj 1.89 0 Td ( )Tj 1.512 0 Td ( )Tj 2.083 0 Td ( )Tj 1.512 0 Td ( )Tj 1.89 0 Td ( )Tj 1.134 0 Td ( )Tj 2.083 0 Td ( )Tj 1.134 0 Td ( )Tj 1.89 0 Td ( )Tj 0.756 0 Td ( )Tj 1.75 0 Td ( )Tj 0.833 0 Td ( )Tj 1.89 0 Td ( )Tj 1.134 0 Td ( )Tj 2.083 0 Td ( )Tj 1.134 0 Td ( )Tj 1.89 0 Td ( )Tj 0.756 0 Td ( )Tj 1.815 0 Td ( )Tj -43.838 -1.2 Td (Processed meats)Tj 14.673 0 Td ( )Tj 1.89 0 Td ( )Tj 1.845 0 Td (17.7 )Tj 3.262 0 Td ( )Tj 1.89 0 Td ( )Tj 1.967 0 Td (6.2 )Tj 2.384 0 Td ( )Tj 1.89 0 Td ( )Tj 0.756 0 Td (23.1 )Tj 2.583 0 Td ( )Tj 1.89 0 Td ( )Tj 1.467 0 Td (12.5 )Tj 2.884 0 Td ( )Tj 1.89 0 Td ( )Tj 0.82 0 Td (15.8 )Tj -42.088 -1.2 Td (Dairy products)Tj 14.673 0 Td ( )Tj 3.151 0 Td ( )Tj 0.75 0 Td (\(3.0\))Tj 3.095 0 Td ( )Tj 1.89 0 Td ( )Tj 1.967 0 Td (7.0 )Tj 2.384 0 Td ( )Tj 1.89 0 Td ( )Tj 0.756 0 Td (11.1 )Tj 2.583 0 Td ( )Tj 1.89 0 Td ( )Tj 1.967 0 Td (6.3 )Tj 2.384 0 Td ( )Tj 1.89 0 Td ( )Tj 1.32 0 Td (6.6 )Tj -42.588 -1.2 Td (Wheat and rice mills)Tj 14.673 0 Td ( )Tj 3.151 0 Td ( \(11.0\))Tj 3.845 0 Td ( )Tj 2.773 0 Td ( )Tj 0.75 0 Td (\(0.4\))Tj 2.717 0 Td ( )Tj 1.89 0 Td ( )Tj 0.756 0 Td (13.9 )Tj 2.583 0 Td ( )Tj 1.89 0 Td ( )Tj 1.967 0 Td (9.9 )Tj 2.384 0 Td ( )Tj 2.395 0 Td ( )Tj 0.482 0 Td (\(0.1\))Tj -42.255 -1.2 Td (Baked goods)Tj 14.673 0 Td ( )Tj 3.151 0 Td ( )Tj 0.75 0 Td (\(8.4\))Tj 3.095 0 Td ( )Tj 2.773 0 Td ( \(12.6\))Tj 3.467 0 Td ( )Tj 1.89 0 Td ( )Tj 1.256 0 Td (5.9 )Tj 2.083 0 Td ( )Tj 1.89 0 Td ( )Tj 1.967 0 Td (6.8 )Tj 2.384 0 Td ( )Tj 1.89 0 Td ( )Tj 1.32 0 Td (8.7 )Tj -42.588 -1.2 Td (Total foodstuffs)Tj 14.673 0 Td ( )Tj 3.151 0 Td ( )Tj 0.75 0 Td (\(0.3\))Tj 3.095 0 Td ( )Tj 1.89 0 Td ( )Tj 1.967 0 Td (4.3 )Tj 2.384 0 Td ( )Tj 1.89 0 Td ( )Tj 0.756 0 Td (20.3 )Tj 2.583 0 Td ( )Tj 1.89 0 Td ( )Tj 1.467 0 Td (17.6 )Tj 2.884 0 Td ( )Tj 1.89 0 Td ( )Tj 0.82 0 Td (33.5 )Tj -42.088 -1.2 Td (Beverages)Tj 14.673 0 Td ( )Tj 3.151 0 Td ( \(31.0\))Tj 3.845 0 Td ( )Tj 2.773 0 Td ( )Tj 0.75 0 Td (\(3.2\))Tj 2.717 0 Td ( )Tj 1.89 0 Td ( )Tj 0.756 0 Td (17.0 )Tj 2.583 0 Td ( )Tj 1.89 0 Td ( )Tj 1.467 0 Td (11.4 )Tj 2.884 0 Td ( )Tj 1.89 0 Td ( )Tj 1.32 0 Td (9.0 )Tj -42.588 -1.2 Td (Tobacco)Tj 14.673 0 Td ( )Tj 3.151 0 Td ( )Tj 0.75 0 Td (\(5.1\))Tj 3.095 0 Td ( )Tj 2.773 0 Td ( \(24.1\))Tj 3.467 0 Td ( )Tj 1.89 0 Td ( )Tj 0.756 0 Td (19.7 )Tj 2.583 0 Td ( )Tj 2.773 0 Td ( \(17.4\))Tj 3.467 0 Td ( )Tj 2.395 0 Td ( )Tj 0.482 0 Td (\(6.8\))Tj -42.255 -1.2 Td (Textiles)Tj 14.673 0 Td ( )Tj 3.151 0 Td ( \(23.1\))Tj 3.845 0 Td ( )Tj 1.89 0 Td ( )Tj 1.467 0 Td (16.8 )Tj 2.884 0 Td ( )Tj 1.89 0 Td ( )Tj 0.756 0 Td (15.6 )Tj 2.583 0 Td ( )Tj 1.89 0 Td ( )Tj 1.967 0 Td (5.8 )Tj 2.384 0 Td ( )Tj 2.395 0 Td ( )Tj 0.482 0 Td (\(1.1\))Tj -42.255 -1.2 Td (Leather goods)Tj 14.673 0 Td ( )Tj 1.89 0 Td ( )Tj 2.345 0 Td (7.5 )Tj 2.762 0 Td ( )Tj 1.89 0 Td ( )Tj 1.967 0 Td (5.3 )Tj 2.384 0 Td ( )Tj 1.89 0 Td ( )Tj 0.756 0 Td (18.0 )Tj 2.583 0 Td ( )Tj 1.89 0 Td ( )Tj 1.967 0 Td (7.2 )Tj 2.384 0 Td ( )Tj 2.395 0 Td ( )Tj 0.482 0 Td (\(3.8\))Tj -42.255 -1.2 Td (Chemicals)Tj 14.673 0 Td ( )Tj 3.151 0 Td ( \(11.4\))Tj 3.845 0 Td ( )Tj 1.89 0 Td ( )Tj 1.467 0 Td (10.8 )Tj 2.884 0 Td ( )Tj 1.89 0 Td ( )Tj 0.756 0 Td (23.1 )Tj 2.583 0 Td ( )Tj 1.89 0 Td ( )Tj 1.967 0 Td (8.5 )Tj 2.384 0 Td ( )Tj 1.89 0 Td ( )Tj 0.82 0 Td (18.6 )Tj -42.088 -1.2 Td (Oil and refined products)Tj 14.673 0 Td ( )Tj 3.151 0 Td ( \(23.5\))Tj 3.845 0 Td ( )Tj 1.89 0 Td ( )Tj 1.467 0 Td (22.8 )Tj 2.884 0 Td ( )Tj 1.89 0 Td ( )Tj 0.756 0 Td (23.5 )Tj 2.583 0 Td ( )Tj 2.773 0 Td ( )Tj 0.75 0 Td (\(4.2\))Tj 2.717 0 Td ( )Tj 1.89 0 Td ( )Tj 1.32 0 Td (0.7 )Tj -42.588 -1.2 Td (Machinery)Tj 14.673 0 Td ( )Tj 3.151 0 Td ( \(37.1\))Tj 3.845 0 Td ( )Tj 1.89 0 Td ( )Tj 1.967 0 Td (3.2 )Tj 2.384 0 Td ( )Tj 1.89 0 Td ( )Tj 0.756 0 Td (32.8 )Tj 2.583 0 Td ( )Tj 1.89 0 Td ( )Tj 1.467 0 Td (16.3 )Tj 2.884 0 Td ( )Tj 1.89 0 Td ( )Tj 0.82 0 Td (26.3 )Tj 1 0 0 1 25 163.5947 Tm ( )Tj 183.411 0 Td ( )Tj 23.62 0 Td ( )Tj 44.684 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 18.896 0 Td ( )Tj 23.62 0 Td ( )Tj 39.96 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 14.172 0 Td ( )Tj 23.62 0 Td ( )Tj 31.073 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 10.413 0 Td ( )Tj 23.62 0 Td ( )Tj 39.96 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 14.172 0 Td ( )Tj 23.62 0 Td ( )Tj 31.881 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 12.5 0 0 12.5 40 151.9315 Tm (Total)Tj 13.473 0 Td ( )Tj 3.151 0 Td ( \(12.8\)%)Tj 3.845 0 Td ( )Tj 2.773 0 Td ( )Tj 1.083 0 Td (7.0%)Tj 2.384 0 Td ( )Tj 2.395 0 Td ( 20.5% )Tj 4.723 0 Td ( )Tj 1.967 0 Td (9.2%)Tj 2.384 0 Td ( )Tj 1.89 0 Td ( )Tj 0.82 0 Td (19.1%)Tj 1 0 0 1 25 145.3947 Tm ( )Tj 183.411 0 Td ( )Tj 23.62 0 Td ( )Tj 44.684 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 18.896 0 Td ( )Tj 23.62 0 Td ( )Tj 39.96 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 14.172 0 Td ( )Tj 23.62 0 Td ( )Tj 31.073 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 10.413 0 Td ( )Tj 23.62 0 Td ( )Tj 39.96 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 14.172 0 Td ( )Tj 23.62 0 Td ( )Tj 31.881 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 3.75 0 0 3.75 10 119.3122 Tm ( )Tj 12.5 0 0 12.5 10 107.2315 Tm (\(1\))Tj 6.668 0 Td ( )Tj 2.223 0 Td (Preliminary data.)Tj /TT2 1 Tf -8.891 -1.803 Td (Source)Tj /TT1 1 Tf (: Banco Central. )Tj /TT0 1 Tf 0 -2.403 TD (Balance Of Payments And Foreign Trade)Tj /TT1 1 Tf ( )Tj ET EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(18 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 669 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n BT /TT0 1 Tf 12.5 0 0 12.5 10 805.116 Tm ( )Tj /TT1 1 Tf (Balance of Payments)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( For the 12 months ended June 30, 2006, Uruguay\222s balance of paym\ ents registered a surplus of US)Tj 0 -1.2 TD ($964 million compared to a surplus of US$620 million in 2005. Banco Cent\ ral\222s international reserve assets )Tj 0 -1.2 TD (continued to increase in 2006 totaling US$3,210.8 million at September 3\ 0, 2006, after giving effect to a )Tj T* (repayment of US$916 million to the IMF, compared to US$3,078.4 million a\ t December 31, 2005. )Tj 22.055 -2.72 Td (S-10 )Tj ET 0.5 0.5 0.5 rg 10 671.445 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(19 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 670 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /WebCaptureBG BMC /WebCaptureFN <>BDC q 0 18 595 806 re W* n /Artifact <>BDC Q 246.162 698.992 m 293.622 698.992 l 293.622 699.992 l 246.162 699.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 314.583 698.992 m 350.23 698.992 l 350.23 699.992 l 314.583 699.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 371.191 698.992 m 406.838 698.992 l 406.838 699.992 l 371.191 699.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 427.799 698.992 m 463.446 698.992 l 463.446 699.992 l 427.799 699.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 484.407 698.992 m 520.055 698.992 l 520.055 699.992 l 484.407 699.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.016 698.992 m 580.837 698.992 l 580.837 699.992 l 541.016 699.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 683.992 219.364 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 229.364 683.992 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 246.162 683.992 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 249.522 683.992 44.1 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 293.622 683.992 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 297.784 683.992 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 314.583 683.992 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 317.943 683.992 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 350.23 683.992 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 354.393 683.992 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 371.191 683.992 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 374.551 683.992 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 406.838 683.992 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 411.001 683.992 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 427.799 683.992 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 431.159 683.992 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 463.446 683.992 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 467.609 683.992 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 484.407 683.992 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 487.767 683.992 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 520.055 683.992 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 524.217 683.992 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.016 683.992 3.86 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.875 683.992 35.962 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 580.837 683.992 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 653.992 219.364 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 229.364 653.992 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 246.162 653.992 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 249.522 653.992 44.1 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 293.622 653.992 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 297.784 653.992 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 314.583 653.992 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 317.943 653.992 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 350.23 653.992 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 354.393 653.992 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 371.191 653.992 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 374.551 653.992 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 406.838 653.992 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 411.001 653.992 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 427.799 653.992 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 431.159 653.992 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 463.446 653.992 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 467.609 653.992 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 484.407 653.992 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 487.767 653.992 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 520.055 653.992 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 524.217 653.992 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.016 653.992 3.86 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.875 653.992 35.962 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 580.837 653.992 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 623.992 219.364 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 229.364 623.992 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 246.162 623.992 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 249.522 623.992 44.1 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 293.622 623.992 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 297.784 623.992 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 314.583 623.992 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 317.943 623.992 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 350.23 623.992 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 354.393 623.992 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 371.191 623.992 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 374.551 623.992 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 406.838 623.992 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 411.001 623.992 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 427.799 623.992 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 431.159 623.992 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 463.446 623.992 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 467.609 623.992 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 484.407 623.992 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 487.767 623.992 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 520.055 623.992 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 524.217 623.992 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.016 623.992 3.86 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.875 623.992 35.962 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 580.837 623.992 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 246.162 608.992 m 293.622 608.992 l 293.622 607.992 l 246.162 607.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 314.583 608.992 m 350.23 608.992 l 350.23 607.992 l 314.583 607.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 371.191 608.992 m 406.838 608.992 l 406.838 607.992 l 371.191 607.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 427.799 608.992 m 463.446 608.992 l 463.446 607.992 l 427.799 607.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 484.407 608.992 m 520.055 608.992 l 520.055 607.992 l 484.407 607.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.016 608.992 m 580.837 608.992 l 580.837 607.992 l 541.016 607.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 591.792 219.364 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 229.364 591.792 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 246.162 591.792 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 249.522 591.792 44.1 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 293.622 591.792 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 297.784 591.792 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 314.583 591.792 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 317.943 591.792 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 350.23 591.792 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 354.393 591.792 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 371.191 591.792 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 374.551 591.792 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 406.838 591.792 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 411.001 591.792 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 427.799 591.792 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 431.159 591.792 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 463.446 591.792 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 467.609 591.792 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 484.407 591.792 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 487.767 591.792 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 520.055 591.792 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 524.217 591.792 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.016 591.792 3.86 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.875 591.792 35.962 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 580.837 591.792 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 246.162 591.792 m 293.622 591.792 l 293.622 590.792 l 246.162 590.792 l h f 246.162 589.792 m 293.622 589.792 l 293.622 588.792 l 246.162 588.792 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 314.583 591.792 m 350.23 591.792 l 350.23 590.792 l 314.583 590.792 l h f 314.583 589.792 m 350.23 589.792 l 350.23 588.792 l 314.583 588.792 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 371.191 591.792 m 406.838 591.792 l 406.838 590.792 l 371.191 590.792 l h f 371.191 589.792 m 406.838 589.792 l 406.838 588.792 l 371.191 588.792 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 427.799 591.792 m 463.446 591.792 l 463.446 590.792 l 427.799 590.792 l h f 427.799 589.792 m 463.446 589.792 l 463.446 588.792 l 427.799 588.792 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 484.407 591.792 m 520.055 591.792 l 520.055 590.792 l 484.407 590.792 l h f 484.407 589.792 m 520.055 589.792 l 520.055 588.792 l 484.407 588.792 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.016 591.792 m 580.837 591.792 l 580.837 590.792 l 541.016 590.792 l h f 541.016 589.792 m 580.837 589.792 l 580.837 588.792 l 541.016 588.792 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 542.592 219.364 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 229.364 542.592 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 246.162 542.592 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 249.522 542.592 44.1 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 293.622 542.592 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 297.784 542.592 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 314.583 542.592 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 317.943 542.592 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 350.23 542.592 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 354.393 542.592 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 371.191 542.592 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 374.551 542.592 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 406.838 542.592 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 411.001 542.592 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 427.799 542.592 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 431.159 542.592 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 463.446 542.592 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 467.609 542.592 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 484.407 542.592 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 487.767 542.592 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 520.055 542.592 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 524.217 542.592 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.016 542.592 3.86 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.875 542.592 35.962 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 580.837 542.592 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 512.592 219.364 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 229.364 512.592 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 246.162 512.592 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 249.522 512.592 44.1 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 293.622 512.592 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 297.784 512.592 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 314.583 512.592 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 317.943 512.592 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 350.23 512.592 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 354.393 512.592 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 371.191 512.592 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 374.551 512.592 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 406.838 512.592 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 411.001 512.592 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 427.799 512.592 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 431.159 512.592 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 463.446 512.592 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 467.609 512.592 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 484.407 512.592 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 487.767 512.592 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 520.055 512.592 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 524.217 512.592 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.016 512.592 3.86 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.875 512.592 35.962 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 580.837 512.592 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 482.592 219.364 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 229.364 482.592 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 246.162 482.592 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 249.522 482.592 44.1 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 293.622 482.592 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 297.784 482.592 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 314.583 482.592 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 317.943 482.592 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 350.23 482.592 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 354.393 482.592 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 371.191 482.592 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 374.551 482.592 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 406.838 482.592 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 411.001 482.592 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 427.799 482.592 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 431.159 482.592 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 463.446 482.592 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 467.609 482.592 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 484.407 482.592 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 487.767 482.592 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 520.055 482.592 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 524.217 482.592 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.016 482.592 3.86 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.875 482.592 35.962 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 580.837 482.592 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 246.162 482.592 m 293.622 482.592 l 293.622 481.592 l 246.162 481.592 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 314.583 482.592 m 350.23 482.592 l 350.23 481.592 l 314.583 481.592 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 371.191 482.592 m 406.838 482.592 l 406.838 481.592 l 371.191 481.592 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 427.799 482.592 m 463.446 482.592 l 463.446 481.592 l 427.799 481.592 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 484.407 482.592 m 520.055 482.592 l 520.055 481.592 l 484.407 481.592 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.016 482.592 m 580.837 482.592 l 580.837 481.592 l 541.016 481.592 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 450.392 219.364 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 229.364 450.392 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 246.162 450.392 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 249.522 450.392 44.1 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 293.622 450.392 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 297.784 450.392 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 314.583 450.392 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 317.943 450.392 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 350.23 450.392 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 354.393 450.392 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 371.191 450.392 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 374.551 450.392 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 406.838 450.392 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 411.001 450.392 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 427.799 450.392 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 431.159 450.392 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 463.446 450.392 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 467.609 450.392 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 484.407 450.392 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 487.767 450.392 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 520.055 450.392 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 524.217 450.392 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.016 450.392 3.86 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.875 450.392 35.962 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 580.837 450.392 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 246.162 450.392 m 293.622 450.392 l 293.622 449.392 l 246.162 449.392 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 314.583 450.392 m 350.23 450.392 l 350.23 449.392 l 314.583 449.392 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 371.191 450.392 m 406.838 450.392 l 406.838 449.392 l 371.191 449.392 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 427.799 450.392 m 463.446 450.392 l 463.446 449.392 l 427.799 449.392 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 484.407 450.392 m 520.055 450.392 l 520.055 449.392 l 484.407 449.392 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.016 450.392 m 580.837 450.392 l 580.837 449.392 l 541.016 449.392 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 246.162 433.192 m 293.622 433.192 l 293.622 432.192 l 246.162 432.192 l h f 246.162 431.192 m 293.622 431.192 l 293.622 430.192 l 246.162 430.192 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 314.583 433.192 m 350.23 433.192 l 350.23 432.192 l 314.583 432.192 l h f 314.583 431.192 m 350.23 431.192 l 350.23 430.192 l 314.583 430.192 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 371.191 433.192 m 406.838 433.192 l 406.838 432.192 l 371.191 432.192 l h f 371.191 431.192 m 406.838 431.192 l 406.838 430.192 l 371.191 430.192 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 427.799 433.192 m 463.446 433.192 l 463.446 432.192 l 427.799 432.192 l h f 427.799 431.192 m 463.446 431.192 l 463.446 430.192 l 427.799 430.192 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 484.407 433.192 m 520.055 433.192 l 520.055 432.192 l 484.407 432.192 l h f 484.407 431.192 m 520.055 431.192 l 520.055 430.192 l 484.407 430.192 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.016 433.192 m 580.837 433.192 l 580.837 432.192 l 541.016 432.192 l h f 541.016 431.192 m 580.837 431.192 l 580.837 430.192 l 541.016 430.192 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 398.992 219.364 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 229.364 398.992 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 246.162 398.992 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 249.522 398.992 44.1 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 293.622 398.992 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 297.784 398.992 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 314.583 398.992 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 317.943 398.992 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 350.23 398.992 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 354.393 398.992 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 371.191 398.992 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 374.551 398.992 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 406.838 398.992 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 411.001 398.992 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 427.799 398.992 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 431.159 398.992 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 463.446 398.992 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 467.609 398.992 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 484.407 398.992 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 487.767 398.992 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 520.055 398.992 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 524.217 398.992 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.016 398.992 3.86 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.875 398.992 35.962 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 580.837 398.992 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 353.992 219.364 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 229.364 353.992 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 246.162 353.992 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 249.522 353.992 44.1 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 293.622 353.992 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 297.784 353.992 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 314.583 353.992 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 317.943 353.992 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 350.23 353.992 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 354.393 353.992 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 371.191 353.992 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 374.551 353.992 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 406.838 353.992 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 411.001 353.992 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 427.799 353.992 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 431.159 353.992 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 463.446 353.992 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 467.609 353.992 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 484.407 353.992 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 487.767 353.992 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 520.055 353.992 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 524.217 353.992 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.016 353.992 3.86 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.875 353.992 35.962 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 580.837 353.992 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 323.992 219.364 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 229.364 323.992 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 246.162 323.992 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 249.522 323.992 44.1 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 293.622 323.992 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 297.784 323.992 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 314.583 323.992 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 317.943 323.992 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 350.23 323.992 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 354.393 323.992 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 371.191 323.992 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 374.551 323.992 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 406.838 323.992 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 411.001 323.992 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 427.799 323.992 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 431.159 323.992 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 463.446 323.992 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 467.609 323.992 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 484.407 323.992 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 487.767 323.992 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 520.055 323.992 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 524.217 323.992 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.016 323.992 3.86 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.875 323.992 35.962 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 580.837 323.992 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 246.162 308.992 m 293.622 308.992 l 293.622 307.992 l 246.162 307.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 314.583 308.992 m 350.23 308.992 l 350.23 307.992 l 314.583 307.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 371.191 308.992 m 406.838 308.992 l 406.838 307.992 l 371.191 307.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 427.799 308.992 m 463.446 308.992 l 463.446 307.992 l 427.799 307.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 484.407 308.992 m 520.055 308.992 l 520.055 307.992 l 484.407 307.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.016 308.992 m 580.837 308.992 l 580.837 307.992 l 541.016 307.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 291.792 219.364 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 229.364 291.792 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 246.162 291.792 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 249.522 291.792 44.1 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 293.622 291.792 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 297.784 291.792 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 314.583 291.792 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 317.943 291.792 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 350.23 291.792 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 354.393 291.792 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 371.191 291.792 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 374.551 291.792 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 406.838 291.792 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 411.001 291.792 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 427.799 291.792 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 431.159 291.792 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 463.446 291.792 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 467.609 291.792 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 484.407 291.792 3.36 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 487.767 291.792 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 520.055 291.792 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 524.217 291.792 16.798 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.016 291.792 3.86 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.875 291.792 35.962 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 580.837 291.792 4.163 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 246.162 291.792 m 293.622 291.792 l 293.622 290.792 l 246.162 290.792 l h f 246.162 289.792 m 293.622 289.792 l 293.622 288.792 l 246.162 288.792 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 314.583 291.792 m 350.23 291.792 l 350.23 290.792 l 314.583 290.792 l h f 314.583 289.792 m 350.23 289.792 l 350.23 288.792 l 314.583 288.792 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 371.191 291.792 m 406.838 291.792 l 406.838 290.792 l 371.191 290.792 l h f 371.191 289.792 m 406.838 289.792 l 406.838 288.792 l 371.191 288.792 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 427.799 291.792 m 463.446 291.792 l 463.446 290.792 l 427.799 290.792 l h f 427.799 289.792 m 463.446 289.792 l 463.446 288.792 l 427.799 288.792 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 484.407 291.792 m 520.055 291.792 l 520.055 290.792 l 484.407 290.792 l h f 484.407 289.792 m 520.055 289.792 l 520.055 288.792 l 484.407 288.792 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.016 291.792 m 580.837 291.792 l 580.837 290.792 l 541.016 290.792 l h f 541.016 289.792 m 580.837 289.792 l 580.837 288.792 l 541.016 288.792 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 267.592 m 113.5 267.592 l 113.5 266.592 l 10 266.592 l h f EMC EMC EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 235.7556 746.1212 Tm (Balance of Payments)Tj 10.625 0 0 10.625 346.8556 746.1212 Tm (\(1\))Tj /TT1 1 Tf 12.5 0 0 12.5 359.2444 746.1212 Tm ( )Tj -8.982 -1.197 Td (\(in millions of US$\) )Tj -18.958 -1.2 Td ( )Tj 17.549 0 Td ( )Tj 1.344 0 Td ( )Tj 0.269 0 Td ( )Tj 3.528 0 Td ( )Tj 0.333 0 Td ( )Tj 1.344 0 Td ( )Tj 0.269 0 Td ( )Tj 2.583 0 Td ( )Tj 0.333 0 Td ( )Tj 1.344 0 Td ( )Tj 0.269 0 Td ( )Tj 2.583 0 Td ( )Tj 0.333 0 Td ( )Tj 1.344 0 Td ( )Tj 0.269 0 Td ( )Tj 2.583 0 Td ( )Tj 0.333 0 Td ( )Tj 1.344 0 Td ( )Tj 0.269 0 Td ( )Tj 2.583 0 Td ( )Tj 0.333 0 Td ( )Tj 1.344 0 Td ( )Tj 0.309 0 Td ( )Tj 2.877 0 Td ( )Tj 10 0 0 10 10 702.3287 Tm ( )Tj 21.936 0 Td ( )Tj /TT0 1 Tf 3.053 0.097 Td (2001)Tj /TT1 1 Tf 3.373 -0.097 Td ( )Tj 0.416 0 Td ( )Tj /TT0 1 Tf 2.462 0.097 Td (2002)Tj /TT1 1 Tf 2.782 -0.097 Td ( )Tj 0.416 0 Td ( )Tj /TT0 1 Tf 2.462 0.097 Td (2003)Tj /TT1 1 Tf 2.782 -0.097 Td ( )Tj 0.416 0 Td ( )Tj /TT0 1 Tf 2.462 0.097 Td (2004)Tj /TT1 1 Tf 2.782 -0.097 Td ( )Tj 0.416 0 Td ( )Tj /TT0 1 Tf 1.967 0.097 Td (2005)Tj /TT1 1 Tf 8.5 0 0 8.5 507.2754 703.2954 Tm (\(2\))Tj 10 0 0 10 520.0545 702.3287 Tm ( )Tj 0.416 0 Td ( )Tj /TT0 1 Tf 1.68 0.097 Td (2006)Tj /TT1 1 Tf 8.5 0 0 8.5 561.0155 703.2954 Tm (\(2\)\(*\))Tj 10 0 0 10 580.8375 702.3287 Tm ( )Tj 12.5 0 0 12.5 25 688.1628 Tm (Current Account:)Tj 16.349 0 Td ( )Tj 1.344 0 Td ( )Tj 0.269 0 Td ( )Tj 3.528 0 Td ( )Tj 0.333 0 Td ( )Tj 1.344 0 Td ( )Tj 0.269 0 Td ( )Tj 2.583 0 Td ( )Tj 0.333 0 Td ( )Tj 1.344 0 Td ( )Tj 0.269 0 Td ( )Tj 2.583 0 Td ( )Tj 0.333 0 Td ( )Tj 1.344 0 Td ( )Tj 0.269 0 Td ( )Tj 2.583 0 Td ( )Tj 0.333 0 Td ( )Tj 1.344 0 Td ( )Tj 0.269 0 Td ( )Tj 2.583 0 Td ( )Tj 0.333 0 Td ( )Tj 1.344 0 Td ( )Tj 0.309 0 Td ( )Tj 2.877 0 Td ( )Tj -43.267 -1.2 Td (Exports)Tj 15.149 0 Td ( )Tj 1.344 0 Td ( )Tj 1.547 0 Td (2,139 )Tj 2.583 0 Td ( )Tj 1.344 0 Td ( )Tj 0.602 0 Td (1,922 )Tj 2.583 0 Td ( )Tj 1.344 0 Td ( )Tj 0.602 0 Td (2,281 )Tj 2.583 0 Td ( )Tj 1.344 0 Td ( )Tj 0.602 0 Td (3,145 )Tj 2.583 0 Td ( )Tj 1.344 0 Td ( )Tj 0.602 0 Td (3,758 )Tj 2.583 0 Td ( )Tj 1.344 0 Td ( )Tj 0.936 0 Td (4,115 )Tj -41.017 -1.2 Td (Imports)Tj 15.149 0 Td ( )Tj 1.344 0 Td ( )Tj 1.214 0 Td (\(2,915\) )Tj 4.26 0 Td ( )Tj 0.269 0 Td (\(1,874\) )Tj 4.26 0 Td ( )Tj 0.269 0 Td (\(2,098\) )Tj 4.26 0 Td ( )Tj 0.269 0 Td (\(2,992\) )Tj 4.26 0 Td ( )Tj 0.269 0 Td (\(3,730\) )Tj 4.26 0 Td ( )Tj 0.603 0 Td (\(4,216\))Tj -40.684 -1.2 Td (Services, net)Tj 15.149 0 Td ( )Tj 1.344 0 Td ( )Tj 2.297 0 Td (316 )Tj 1.833 0 Td ( )Tj 1.344 0 Td ( )Tj 1.352 0 Td (153 )Tj 1.833 0 Td ( )Tj 1.344 0 Td ( )Tj 1.352 0 Td (167 )Tj 1.833 0 Td ( )Tj 1.344 0 Td ( )Tj 1.352 0 Td (365 )Tj 1.833 0 Td ( )Tj 1.344 0 Td ( )Tj 1.352 0 Td (409 )Tj 1.833 0 Td ( )Tj 1.344 0 Td ( )Tj 1.686 0 Td (442 )Tj -41.767 -1.2 Td (Interests and dividends)Tj 15.149 0 Td ( )Tj 1.344 0 Td ( )Tj 2.464 0 Td (\(68\) )Tj 3.01 0 Td ( )Tj 1.352 0 Td (109 )Tj 1.833 0 Td ( )Tj 1.344 0 Td ( )Tj 1.019 0 Td (\(488\) )Tj 3.51 0 Td ( )Tj 1.019 0 Td (\(588\) )Tj 3.51 0 Td ( )Tj 1.019 0 Td (\(585\) )Tj 3.51 0 Td ( )Tj 1.353 0 Td (\(588\))Tj -41.434 -1.2 Td (Current transfers)Tj 10.625 0 0 10.625 124.35 613.1628 Tm (\(3\))Tj 12.5 0 0 12.5 229.3638 613.1628 Tm ( )Tj 1.344 0 Td ( )Tj 2.797 0 Td (30 )Tj 1.333 0 Td ( )Tj 1.344 0 Td ( )Tj 1.852 0 Td (72 )Tj 1.333 0 Td ( )Tj 1.344 0 Td ( )Tj 1.852 0 Td (83 )Tj 1.333 0 Td ( )Tj 1.344 0 Td ( )Tj 1.352 0 Td (113 )Tj 1.833 0 Td ( )Tj 1.344 0 Td ( )Tj 1.352 0 Td (149 )Tj 1.833 0 Td ( )Tj 1.344 0 Td ( )Tj 1.686 0 Td (152 )Tj 1 0 0 1 40 607.6259 Tm ( )Tj 189.364 0 Td ( )Tj 64.008 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 4.163 0 Td ( )Tj 52.196 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 4.162 0 Td ( )Tj 52.196 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 4.162 0 Td ( )Tj 52.196 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 4.162 0 Td ( )Tj 52.196 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 4.163 0 Td ( )Tj 56.37 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 12.5 0 0 12.5 55 595.9628 Tm (Total current account)Tj 13.949 0 Td ( )Tj 1.344 0 Td ( )Tj 1.964 0 Td (\(498\) )Tj 3.51 0 Td ( )Tj 1.352 0 Td (382 )Tj 1.833 0 Td ( )Tj 1.344 0 Td ( )Tj 1.519 0 Td (\(56\) )Tj 3.01 0 Td ( )Tj 1.852 0 Td (43 )Tj 1.333 0 Td ( )Tj 1.344 0 Td ( )Tj 2.352 0 Td (2 )Tj 0.833 0 Td ( )Tj 1.344 0 Td ( )Tj 1.853 0 Td (\(95\))Tj 1 0 0 1 40 589.4259 Tm ( )Tj 189.364 0 Td ( )Tj 64.008 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 4.163 0 Td ( )Tj 52.196 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 4.162 0 Td ( )Tj 52.196 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 4.162 0 Td ( )Tj 52.196 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 4.162 0 Td ( )Tj 52.196 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 4.163 0 Td ( )Tj 56.37 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 12.5 0 0 12.5 25 576.7628 Tm ( )Tj 16.349 0 Td ( )Tj 1.344 0 Td ( )Tj 0.269 0 Td ( )Tj 3.528 0 Td ( )Tj 0.333 0 Td ( )Tj 1.344 0 Td ( )Tj 0.269 0 Td ( )Tj 2.583 0 Td ( )Tj 0.333 0 Td ( )Tj 1.344 0 Td ( )Tj 0.269 0 Td ( )Tj 2.583 0 Td ( )Tj 0.333 0 Td ( )Tj 1.344 0 Td ( )Tj 0.269 0 Td ( )Tj 2.583 0 Td ( )Tj 0.333 0 Td ( )Tj 1.344 0 Td ( )Tj 0.269 0 Td ( )Tj 2.583 0 Td ( )Tj 0.333 0 Td ( )Tj 1.344 0 Td ( )Tj 0.309 0 Td ( )Tj 2.877 0 Td ( )Tj -44.467 -1.2 Td (Capital Account:)Tj 16.349 0 Td ( )Tj 1.344 0 Td ( )Tj 0.269 0 Td ( )Tj 3.528 0 Td ( )Tj 0.333 0 Td ( )Tj 1.344 0 Td ( )Tj 0.269 0 Td ( )Tj 2.583 0 Td ( )Tj 0.333 0 Td ( )Tj 1.344 0 Td ( )Tj 0.269 0 Td ( )Tj 2.583 0 Td ( )Tj 0.333 0 Td ( )Tj 1.344 0 Td ( )Tj 0.269 0 Td ( )Tj 2.583 0 Td ( )Tj 0.333 0 Td ( )Tj 1.344 0 Td ( )Tj 0.269 0 Td ( )Tj 2.583 0 Td ( )Tj 0.333 0 Td ( )Tj 1.344 0 Td ( )Tj 0.309 0 Td ( )Tj 2.877 0 Td ( )Tj -43.267 -1.2 Td (Capital transfers)Tj 10.625 0 0 10.625 122.275 546.7628 Tm (\(4\))Tj 12.5 0 0 12.5 229.3638 546.7628 Tm ( )Tj 1.344 0 Td ( )Tj 3.297 0 Td (0 )Tj 0.833 0 Td ( )Tj 1.344 0 Td ( )Tj 2.352 0 Td (0 )Tj 0.833 0 Td ( )Tj 1.344 0 Td ( )Tj 2.352 0 Td (4 )Tj 0.833 0 Td ( )Tj 1.344 0 Td ( )Tj 2.352 0 Td (5 )Tj 0.833 0 Td ( )Tj 1.344 0 Td ( )Tj 2.352 0 Td (4 )Tj 0.833 0 Td ( )Tj 1.344 0 Td ( )Tj 2.686 0 Td (7 )Tj -42.767 -1.2 Td (Direct Investment)Tj 15.149 0 Td ( )Tj 1.344 0 Td ( )Tj 2.297 0 Td (291 )Tj 1.833 0 Td ( )Tj 1.344 0 Td ( )Tj 1.352 0 Td (180 )Tj 1.833 0 Td ( )Tj 1.344 0 Td ( )Tj 1.352 0 Td (401 )Tj 1.833 0 Td ( )Tj 1.344 0 Td ( )Tj 1.352 0 Td (315 )Tj 1.833 0 Td ( )Tj 1.344 0 Td ( )Tj 1.352 0 Td (715 )Tj 1.833 0 Td ( )Tj 1.344 0 Td ( )Tj 0.936 0 Td (1,049 )Tj -41.017 -1.2 Td (Portfolio Investment)Tj 10.625 0 0 10.625 143.125 516.7628 Tm (\(5\))Tj 12.5 0 0 12.5 229.3638 516.7628 Tm ( )Tj 1.344 0 Td ( )Tj 2.297 0 Td (508 )Tj 1.833 0 Td ( )Tj 1.344 0 Td ( )Tj 1.352 0 Td (329 )Tj 1.833 0 Td ( )Tj 1.344 0 Td ( )Tj 1.019 0 Td (\(311\) )Tj 3.51 0 Td ( )Tj 1.019 0 Td (\(422\) )Tj 3.51 0 Td ( )Tj 1.352 0 Td (789 )Tj 1.833 0 Td ( )Tj 1.344 0 Td ( )Tj 0.936 0 Td (1,511 )Tj -41.017 -1.2 Td (Other medium and long term capital)Tj 15.149 0 Td ( )Tj 1.344 0 Td ( )Tj 2.297 0 Td (118 )Tj 1.833 0 Td ( )Tj 1.344 0 Td ( )Tj 0.602 0 Td (2,219 )Tj 2.583 0 Td ( )Tj 1.344 0 Td ( )Tj 1.352 0 Td (582 )Tj 1.833 0 Td ( )Tj 1.344 0 Td ( )Tj 1.852 0 Td (73 )Tj 1.333 0 Td ( )Tj 1.344 0 Td ( )Tj 1.019 0 Td (\(184\) )Tj 3.51 0 Td ( )Tj 1.353 0 Td (\(967\))Tj -41.434 -1.2 Td (Other short term capital)Tj 15.149 0 Td ( )Tj 1.344 0 Td ( )Tj 1.964 0 Td (\(426\) )Tj 3.51 0 Td ( )Tj 0.269 0 Td (\(3,008\) )Tj 4.26 0 Td ( )Tj 1.019 0 Td (\(246\) )Tj 3.51 0 Td ( )Tj 1.352 0 Td (101 )Tj 1.833 0 Td ( )Tj 1.344 0 Td ( )Tj 1.019 0 Td (\(635\) )Tj 3.51 0 Td ( )Tj 1.353 0 Td (\(705\))Tj 1 0 0 1 40 481.226 Tm ( )Tj 189.364 0 Td ( )Tj 64.008 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 4.163 0 Td ( )Tj 52.196 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 4.162 0 Td ( )Tj 52.196 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 4.162 0 Td ( )Tj 52.196 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 4.162 0 Td ( )Tj 52.196 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 4.163 0 Td ( )Tj 56.37 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 12.5 0 0 12.5 25 469.5628 Tm (Total capital and financial account, net)Tj 16.349 0 Td ( )Tj 1.344 0 Td ( )Tj 2.297 0 Td (490 )Tj 1.833 0 Td ( )Tj 1.344 0 Td ( )Tj 1.019 0 Td (\(280\) )Tj 3.51 0 Td ( )Tj 1.352 0 Td (431 )Tj 1.833 0 Td ( )Tj 1.344 0 Td ( )Tj 1.852 0 Td (72 )Tj 1.333 0 Td ( )Tj 1.344 0 Td ( )Tj 1.352 0 Td (689 )Tj 1.833 0 Td ( )Tj 1.344 0 Td ( )Tj 1.686 0 Td (896 )Tj -42.967 -1.2 Td (Errors and Omissions)Tj 16.349 0 Td ( )Tj 1.344 0 Td ( )Tj 2.297 0 Td (285 )Tj 1.833 0 Td ( )Tj 1.344 0 Td ( )Tj 0.269 0 Td (\(2,430\) )Tj 4.26 0 Td ( )Tj 0.602 0 Td (1,005 )Tj 2.583 0 Td ( )Tj 1.344 0 Td ( )Tj 1.352 0 Td (340 )Tj 1.833 0 Td ( )Tj 1.344 0 Td ( )Tj 1.519 0 Td (\(70\) )Tj 3.01 0 Td ( )Tj 1.686 0 Td (164 )Tj 1 0 0 1 40 449.0259 Tm ( )Tj 189.364 0 Td ( )Tj 64.008 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 4.163 0 Td ( )Tj 52.196 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 4.162 0 Td ( )Tj 52.196 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 4.162 0 Td ( )Tj 52.196 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 4.162 0 Td ( )Tj 52.196 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 4.163 0 Td ( )Tj 56.37 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 12.5 0 0 12.5 25 437.3628 Tm (Total balance of payments)Tj 16.349 0 Td ( )Tj 1.344 0 Td ( )Tj 2.297 0 Td (278 )Tj 1.833 0 Td ( )Tj 1.344 0 Td ( )Tj 0.269 0 Td (\(2,328\) )Tj 4.26 0 Td ( )Tj 0.602 0 Td (1,380 )Tj 2.583 0 Td ( )Tj 1.344 0 Td ( )Tj 1.352 0 Td (454 )Tj 1.833 0 Td ( )Tj 1.344 0 Td ( )Tj 1.352 0 Td (620 )Tj 1.833 0 Td ( )Tj 1.344 0 Td ( )Tj 1.686 0 Td (964 )Tj 1 0 0 1 40 430.8259 Tm ( )Tj 189.364 0 Td ( )Tj 64.008 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 4.163 0 Td ( )Tj 52.196 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 4.162 0 Td ( )Tj 52.196 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 4.162 0 Td ( )Tj 52.196 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 4.162 0 Td ( )Tj 52.196 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 4.163 0 Td ( )Tj 56.37 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 12.5 0 0 12.5 25 418.1628 Tm ( )Tj 16.349 0 Td ( )Tj 1.344 0 Td ( )Tj 0.269 0 Td ( )Tj 3.528 0 Td ( )Tj 0.333 0 Td ( )Tj 1.344 0 Td ( )Tj 0.269 0 Td ( )Tj 2.583 0 Td ( )Tj 0.333 0 Td ( )Tj 1.344 0 Td ( )Tj 0.269 0 Td ( )Tj 2.583 0 Td ( )Tj 0.333 0 Td ( )Tj 1.344 0 Td ( )Tj 0.269 0 Td ( )Tj 2.583 0 Td ( )Tj 0.333 0 Td ( )Tj 1.344 0 Td ( )Tj 0.269 0 Td ( )Tj 2.583 0 Td ( )Tj 0.333 0 Td ( )Tj 1.344 0 Td ( )Tj 0.309 0 Td ( )Tj 2.877 0 Td ( )Tj -44.467 -1.2 Td (Change in Central Bank reserve assets)Tj 10.625 0 0 10.625 216.975 403.1628 Tm (\(6\))Tj 12.5 0 0 12.5 229.3638 403.1628 Tm ( )Tj 1.344 0 Td ( )Tj 1.964 0 Td (\(278\) )Tj 3.51 0 Td ( )Tj 0.602 0 Td (2,328 )Tj 2.583 0 Td ( )Tj 1.344 0 Td ( )Tj 0.269 0 Td (\(1,380\) )Tj 4.26 0 Td ( )Tj 1.019 0 Td (\(454\) )Tj 3.51 0 Td ( )Tj 1.019 0 Td (\(620\) )Tj 3.51 0 Td ( )Tj 1.353 0 Td (\(964\))Tj -42.634 -1.2 Td ( )Tj 16.349 0 Td ( )Tj 1.344 0 Td ( )Tj 0.269 0 Td ( )Tj 3.528 0 Td ( )Tj 0.333 0 Td ( )Tj 1.344 0 Td ( )Tj 0.269 0 Td ( )Tj 2.583 0 Td ( )Tj 0.333 0 Td ( )Tj 1.344 0 Td ( )Tj 0.269 0 Td ( )Tj 2.583 0 Td ( )Tj 0.333 0 Td ( )Tj 1.344 0 Td ( )Tj 0.269 0 Td ( )Tj 2.583 0 Td ( )Tj 0.333 0 Td ( )Tj 1.344 0 Td ( )Tj 0.269 0 Td ( )Tj 2.583 0 Td ( )Tj 0.333 0 Td ( )Tj 1.344 0 Td ( )Tj 0.309 0 Td ( )Tj 2.877 0 Td ( )Tj -43.267 -1.2 Td (Gold)Tj 15.149 0 Td ( )Tj 1.344 0 Td ( )Tj 2.297 0 Td (292 )Tj 1.833 0 Td ( )Tj 1.344 0 Td ( )Tj 2.352 0 Td (1 )Tj 0.833 0 Td ( )Tj 1.344 0 Td ( )Tj 2.352 0 Td (0 )Tj 0.833 0 Td ( )Tj 1.344 0 Td ( )Tj 2.352 0 Td (0 )Tj 0.833 0 Td ( )Tj 1.344 0 Td ( )Tj 2.352 0 Td (0 )Tj 0.833 0 Td ( )Tj 1.344 0 Td ( )Tj 2.686 0 Td (0 )Tj -42.767 -1.2 Td (SDRs)Tj 15.149 0 Td ( )Tj 1.344 0 Td ( )Tj 2.964 0 Td (\(1\) )Tj 2.51 0 Td ( )Tj 2.352 0 Td (4 )Tj 0.833 0 Td ( )Tj 1.344 0 Td ( )Tj 2.019 0 Td (\(3\) )Tj 2.51 0 Td ( )Tj 2.019 0 Td (\(3\) )Tj 2.51 0 Td ( )Tj 2.352 0 Td (5 )Tj 0.833 0 Td ( )Tj 1.344 0 Td ( )Tj 2.186 0 Td (37 )Tj -42.267 -1.2 Td (IMF Position)Tj 15.149 0 Td ( )Tj 1.344 0 Td ( )Tj 3.297 0 Td (2 )Tj 0.833 0 Td ( )Tj 1.344 0 Td ( )Tj 1.519 0 Td (\(45\) )Tj 3.01 0 Td ( )Tj 2.352 0 Td (0 )Tj 0.833 0 Td ( )Tj 1.344 0 Td ( )Tj 2.352 0 Td (0 )Tj 0.833 0 Td ( )Tj 1.344 0 Td ( )Tj 2.352 0 Td (0 )Tj 0.833 0 Td ( )Tj 1.344 0 Td ( )Tj 2.686 0 Td (0 )Tj -42.767 -1.2 Td (Foreign Exchange)Tj 15.149 0 Td ( )Tj 1.344 0 Td ( )Tj 1.964 0 Td (\(599\) )Tj 3.51 0 Td ( )Tj 1.019 0 Td (\(615\) )Tj 3.51 0 Td ( )Tj 1.352 0 Td (479 )Tj 1.833 0 Td ( )Tj 1.344 0 Td ( )Tj 0.602 0 Td (1,299 )Tj 2.583 0 Td ( )Tj 1.344 0 Td ( )Tj 1.019 0 Td (\(145\) )Tj 3.51 0 Td ( )Tj 1.686 0 Td (181 )Tj -41.767 -1.2 Td (Other holdings)Tj 15.149 0 Td ( )Tj 1.344 0 Td ( )Tj 2.297 0 Td (583 )Tj 1.833 0 Td ( )Tj 1.344 0 Td ( )Tj 0.269 0 Td (\(1,672\) )Tj 4.26 0 Td ( )Tj 1.352 0 Td (905 )Tj 1.833 0 Td ( )Tj 1.344 0 Td ( )Tj 1.019 0 Td (\(842\) )Tj 3.51 0 Td ( )Tj 1.352 0 Td (760 )Tj 1.833 0 Td ( )Tj 1.344 0 Td ( )Tj 1.686 0 Td (747 )Tj 1 0 0 1 40 307.6259 Tm ( )Tj 189.364 0 Td ( )Tj 64.008 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 4.163 0 Td ( )Tj 52.196 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 4.162 0 Td ( )Tj 52.196 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 4.162 0 Td ( )Tj 52.196 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 4.162 0 Td ( )Tj 52.196 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 4.163 0 Td ( )Tj 56.37 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 12.5 0 0 12.5 55 295.9628 Tm (Total assets)Tj 13.949 0 Td ( )Tj 1.344 0 Td ( )Tj 0.269 0 Td (US$ 278 )Tj 3.861 0 Td ( )Tj 1.344 0 Td ( )Tj 0.269 0 Td (\(2,328\) )Tj 4.26 0 Td ( )Tj 0.602 0 Td (1,380 )Tj 2.583 0 Td ( )Tj 1.344 0 Td ( )Tj 1.352 0 Td (454 )Tj 1.833 0 Td ( )Tj 1.344 0 Td ( )Tj 1.352 0 Td (620 )Tj 1.833 0 Td ( )Tj 1.344 0 Td ( )Tj 1.686 0 Td (964 )Tj 1 0 0 1 40 289.4259 Tm ( )Tj 189.364 0 Td ( )Tj 64.008 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 4.163 0 Td ( )Tj 52.196 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 4.162 0 Td ( )Tj 52.196 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 4.162 0 Td ( )Tj 52.196 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 4.162 0 Td ( )Tj 52.196 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 4.163 0 Td ( )Tj 56.37 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 3.75 0 0 3.75 10 263.3434 Tm ( )Tj 12.5 0 0 12.5 10 251.2628 Tm (\(1\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (These figures where calculated in accordance with the methodology set fo\ rth in the IMF Balance of )Tj 0 -1.2 TD (Payments fifth edition manual.)Tj 3.75 0 0 3.75 10 228.8434 Tm ( )Tj 12.5 0 0 12.5 10 216.7628 Tm (\(2\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (Preliminary data.)Tj 3.75 0 0 3.75 10 209.3434 Tm ( )Tj 12.5 0 0 12.5 10 197.2628 Tm (\(3\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (Current transfers consist of transactions without a quid pro quo, many o\ f which are gifts.)Tj 3.75 0 0 3.75 10 189.8434 Tm ( )Tj 12.5 0 0 12.5 10 177.7628 Tm (\(4\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (These figures have been reviewed since 2003 to reflect the debt forgiven\ ess agreed by Spain and France.)Tj 3.75 0 0 3.75 10 170.3434 Tm ( )Tj 12.5 0 0 12.5 10 158.2628 Tm (\(5\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (Includes Public Bonds, commercial paper and notes and Banks foreign port\ folio investment.)Tj 3.75 0 0 3.75 10 150.8434 Tm ( )Tj 12.5 0 0 12.5 10 138.7628 Tm (\(6\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (Change in Central Bank reserve assets does not reflect adjustments in th\ e value of gold.)Tj 3.75 0 0 3.75 10 131.3434 Tm ( )Tj 12.5 0 0 12.5 10 119.2628 Tm (\(*\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (Twelve months ended June 30, 2006.)Tj /TT2 1 Tf -1.84 -1.803 Td (Source)Tj /TT1 1 Tf (: Banco Central. )Tj 22.055 -2.72 Td (S-11 )Tj ET EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(20 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 671 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0.5 0.5 0.5 rg 10 810.557 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(21 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 672 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /WebCaptureBG BMC /WebCaptureFN <>BDC q 0 18 595 806 re W* n /Artifact <>BDC Q 307.919 630.438 m 358.269 630.438 l 358.269 631.438 l 307.919 631.438 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 389.629 630.438 m 422.98 630.438 l 422.98 631.438 l 389.629 631.438 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 459.526 630.438 m 509.876 630.438 l 509.876 631.438 l 459.526 631.438 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.236 630.438 m 574.587 630.438 l 574.587 631.438 l 541.236 631.438 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 615.438 271.786 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 281.786 615.438 26.133 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 307.919 615.438 22.225 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 330.144 615.438 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 358.269 615.438 5.227 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 363.495 615.438 26.133 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 389.629 615.438 5.227 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 394.855 615.438 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 422.98 615.438 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 433.393 615.438 26.133 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 459.526 615.438 22.225 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 481.751 615.438 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 509.876 615.438 5.227 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 515.103 615.438 26.133 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.236 615.438 5.227 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 546.462 615.438 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 574.587 615.438 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 585.438 271.786 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 281.786 585.438 26.133 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 307.919 585.438 22.225 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 330.144 585.438 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 358.269 585.438 5.227 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 363.495 585.438 26.133 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 389.629 585.438 5.227 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 394.855 585.438 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 422.98 585.438 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 433.393 585.438 26.133 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 459.526 585.438 22.225 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 481.751 585.438 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 509.876 585.438 5.227 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 515.103 585.438 26.133 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.236 585.438 5.227 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 546.462 585.438 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 574.587 585.438 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 555.438 271.786 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 281.786 555.438 26.133 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 307.919 555.438 22.225 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 330.144 555.438 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 358.269 555.438 5.227 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 363.495 555.438 26.133 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 389.629 555.438 5.227 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 394.855 555.438 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 422.98 555.438 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 433.393 555.438 26.133 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 459.526 555.438 22.225 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 481.751 555.438 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 509.876 555.438 5.227 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 515.103 555.438 26.133 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.236 555.438 5.227 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 546.462 555.438 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 574.587 555.438 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 525.438 271.786 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 281.786 525.438 26.133 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 307.919 525.438 22.225 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 330.144 525.438 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 358.269 525.438 5.227 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 363.495 525.438 26.133 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 389.629 525.438 5.227 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 394.855 525.438 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 422.98 525.438 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 433.393 525.438 26.133 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 459.526 525.438 22.225 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 481.751 525.438 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 509.876 525.438 5.227 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 515.103 525.438 26.133 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.236 525.438 5.227 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 546.462 525.438 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 574.587 525.438 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 495.438 271.786 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 281.786 495.438 26.133 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 307.919 495.438 22.225 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 330.144 495.438 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 358.269 495.438 5.227 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 363.495 495.438 26.133 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 389.629 495.438 5.227 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 394.855 495.438 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 422.98 495.438 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 433.393 495.438 26.133 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 459.526 495.438 22.225 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 481.751 495.438 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 509.876 495.438 5.227 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 515.103 495.438 26.133 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.236 495.438 5.227 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 546.462 495.438 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 574.587 495.438 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 307.919 480.438 m 358.269 480.438 l 358.269 479.438 l 307.919 479.438 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 389.629 480.438 m 422.98 480.438 l 422.98 479.438 l 389.629 479.438 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 459.526 480.438 m 509.876 480.438 l 509.876 479.438 l 459.526 479.438 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.236 480.438 m 574.587 480.438 l 574.587 479.438 l 541.236 479.438 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 448.238 271.786 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 281.786 448.238 26.133 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 307.919 448.238 22.225 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 330.144 448.238 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 358.269 448.238 5.227 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 363.495 448.238 26.133 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 389.629 448.238 5.227 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 394.855 448.238 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 422.98 448.238 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 433.393 448.238 26.133 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 459.526 448.238 22.225 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 481.751 448.238 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 509.876 448.238 5.227 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 515.103 448.238 26.133 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.236 448.238 5.227 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 546.462 448.238 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 574.587 448.238 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 307.919 448.238 m 358.269 448.238 l 358.269 447.238 l 307.919 447.238 l h f 307.919 446.238 m 358.269 446.238 l 358.269 445.238 l 307.919 445.238 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 389.629 448.238 m 422.98 448.238 l 422.98 447.238 l 389.629 447.238 l h f 389.629 446.238 m 422.98 446.238 l 422.98 445.238 l 389.629 445.238 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 459.526 448.238 m 509.876 448.238 l 509.876 447.238 l 459.526 447.238 l h f 459.526 446.238 m 509.876 446.238 l 509.876 445.238 l 459.526 445.238 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.236 448.238 m 574.587 448.238 l 574.587 447.238 l 541.236 447.238 l h f 541.236 446.238 m 574.587 446.238 l 574.587 445.238 l 541.236 445.238 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 399.038 271.786 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 281.786 399.038 26.133 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 307.919 399.038 22.225 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 330.144 399.038 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 358.269 399.038 5.227 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 363.495 399.038 26.133 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 389.629 399.038 5.227 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 394.855 399.038 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 422.98 399.038 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 433.393 399.038 26.133 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 459.526 399.038 22.225 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 481.751 399.038 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 509.876 399.038 5.227 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 515.103 399.038 26.133 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.236 399.038 5.227 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 546.462 399.038 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 574.587 399.038 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 369.038 271.786 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 281.786 369.038 26.133 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 307.919 369.038 22.225 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 330.144 369.038 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 358.269 369.038 5.227 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 363.495 369.038 26.133 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 389.629 369.038 5.227 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 394.855 369.038 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 422.98 369.038 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 433.393 369.038 26.133 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 459.526 369.038 22.225 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 481.751 369.038 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 509.876 369.038 5.227 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 515.103 369.038 26.133 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.236 369.038 5.227 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 546.462 369.038 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 574.587 369.038 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 307.919 369.038 m 358.269 369.038 l 358.269 368.038 l 307.919 368.038 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 389.629 369.038 m 422.98 369.038 l 422.98 368.038 l 389.629 368.038 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 459.526 369.038 m 509.876 369.038 l 509.876 368.038 l 459.526 368.038 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.236 369.038 m 574.587 369.038 l 574.587 368.038 l 541.236 368.038 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 307.919 336.838 m 358.269 336.838 l 358.269 335.838 l 307.919 335.838 l h f 307.919 334.838 m 358.269 334.838 l 358.269 333.838 l 307.919 333.838 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 389.629 336.838 m 422.98 336.838 l 422.98 335.838 l 389.629 335.838 l h f 389.629 334.838 m 422.98 334.838 l 422.98 333.838 l 389.629 333.838 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 459.526 336.838 m 509.876 336.838 l 509.876 335.838 l 459.526 335.838 l h f 459.526 334.838 m 509.876 334.838 l 509.876 333.838 l 459.526 333.838 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.236 336.838 m 574.587 336.838 l 574.587 335.838 l 541.236 335.838 l h f 541.236 334.838 m 574.587 334.838 l 574.587 333.838 l 541.236 333.838 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 302.638 271.786 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 281.786 302.638 26.133 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 307.919 302.638 22.225 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 330.144 302.638 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 358.269 302.638 5.227 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 363.495 302.638 26.133 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 389.629 302.638 5.227 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 394.855 302.638 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 422.98 302.638 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 433.393 302.638 26.133 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 459.526 302.638 22.225 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 481.751 302.638 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 509.876 302.638 5.227 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 515.103 302.638 26.133 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.236 302.638 5.227 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 546.462 302.638 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 574.587 302.638 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 307.919 302.638 m 358.269 302.638 l 358.269 301.638 l 307.919 301.638 l h f 307.919 300.638 m 358.269 300.638 l 358.269 299.638 l 307.919 299.638 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 459.526 302.638 m 509.876 302.638 l 509.876 301.638 l 459.526 301.638 l h f 459.526 300.638 m 509.876 300.638 l 509.876 299.638 l 459.526 299.638 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 278.438 m 113.5 278.438 l 113.5 277.438 l 10 277.438 l h f EMC EMC EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 749.6082 Tm (Merchandise Trade)Tj /TT1 1 Tf ( )Tj 0 -1.8 TD (The following tables set forth information on exports and imports for th\ e periods indicated. )Tj /TT2 1 Tf 18.792 -3.003 Td (Merchandise Trade)Tj /TT1 1 Tf ( )Tj -6.042 -1.197 Td (\(in millions of US$ and % of total exports/imports\) )Tj -12.75 -1.2 Td ( )Tj 21.743 0 Td ( )Tj 2.091 0 Td ( )Tj 1.778 0 Td ( )Tj 2.25 0 Td ( )Tj 0.418 0 Td ( )Tj 2.091 0 Td ( )Tj 0.418 0 Td ( )Tj 2.25 0 Td ( )Tj 0.833 0 Td ( )Tj 2.091 0 Td ( )Tj 1.778 0 Td ( )Tj 2.25 0 Td ( )Tj 0.418 0 Td ( )Tj 2.091 0 Td ( )Tj 0.418 0 Td ( )Tj 2.25 0 Td ( )Tj 10 0 0 10 10 646.7742 Tm ( )Tj 27.179 0 Td ( )Tj /TT2 1 Tf 3.519 -0.003 Td (Jan-Jul)Tj /TT1 1 Tf 4.129 0.003 Td ( )Tj 0.523 0 Td ( )Tj 2.613 0 Td ( )Tj 0.523 0 Td ( )Tj 2.813 0 Td ( )Tj 1.041 0 Td ( )Tj /TT2 1 Tf 3.519 -0.003 Td (Jan-Jul)Tj /TT1 1 Tf 4.129 0.003 Td ( )Tj 0.523 0 Td ( )Tj 4.156 0 Td ( )Tj 1.793 0 Td ( )Tj -56.459 -1.3 Td ( )Tj 27.179 0 Td ( )Tj /TT2 1 Tf 3.635 0.097 Td (2005)Tj /TT1 1 Tf 8.5 0 0 8.5 338.1382 634.7409 Tm (\(1\))Tj 10 0 0 10 358.2688 633.7742 Tm ( )Tj 0.523 0 Td ( )Tj /TT2 1 Tf 3.781 0.097 Td (%)Tj /TT1 1 Tf 2.168 -0.097 Td ( )Tj 1.041 0 Td ( )Tj /TT2 1 Tf 3.635 0.097 Td (2006)Tj /TT1 1 Tf 8.5 0 0 8.5 489.7455 634.7409 Tm (\(1\))Tj 10 0 0 10 509.876 633.7742 Tm ( )Tj 0.523 0 Td ( )Tj /TT2 1 Tf 3.781 0.097 Td (%)Tj /TT1 1 Tf 2.168 -0.097 Td ( )Tj 12.5 0 0 12.5 25 619.6082 Tm (Exports \(FOB\))Tj 20.543 0 Td ( )Tj 2.091 0 Td ( )Tj 1.778 0 Td ( )Tj 2.25 0 Td ( )Tj 0.418 0 Td ( )Tj 2.091 0 Td ( )Tj 0.418 0 Td ( )Tj 2.25 0 Td ( )Tj 0.833 0 Td ( )Tj 2.091 0 Td ( )Tj 1.778 0 Td ( )Tj 2.25 0 Td ( )Tj 0.418 0 Td ( )Tj 2.091 0 Td ( )Tj 0.418 0 Td ( )Tj 2.25 0 Td ( )Tj -42.767 -1.2 Td (Traditional)Tj 19.343 0 Td ( )Tj 2.091 0 Td (US$)Tj 2.528 0 Td (575 )Tj 1.918 0 Td ( )Tj 2.091 0 Td ( )Tj 0.918 0 Td (30.2 )Tj 2.583 0 Td ( )Tj 2.091 0 Td (US$)Tj 2.528 0 Td (747 )Tj 1.918 0 Td ( )Tj 2.091 0 Td ( )Tj 0.918 0 Td (33.7 )Tj -39.817 -1.2 Td (Wool)Tj 18.143 0 Td ( )Tj 2.091 0 Td ( )Tj 3.028 0 Td (77 )Tj 1.418 0 Td ( )Tj 2.091 0 Td ( )Tj 1.418 0 Td (4.0 )Tj 2.083 0 Td ( )Tj 2.091 0 Td ( )Tj 3.028 0 Td (94 )Tj 1.418 0 Td ( )Tj 2.091 0 Td ( )Tj 1.418 0 Td (4.2 )Tj -40.317 -1.2 Td (Meat)Tj 18.143 0 Td ( )Tj 2.091 0 Td ( )Tj 2.528 0 Td (433 )Tj 1.918 0 Td ( )Tj 2.091 0 Td ( )Tj 0.918 0 Td (22.7 )Tj 2.583 0 Td ( )Tj 2.091 0 Td ( )Tj 2.528 0 Td (595 )Tj 1.918 0 Td ( )Tj 2.091 0 Td ( )Tj 0.918 0 Td (26.8 )Tj -39.817 -1.2 Td (Other)Tj 18.143 0 Td ( )Tj 2.091 0 Td ( )Tj 3.028 0 Td (65 )Tj 1.418 0 Td ( )Tj 2.091 0 Td ( )Tj 1.418 0 Td (3.4 )Tj 2.083 0 Td ( )Tj 2.091 0 Td ( )Tj 3.028 0 Td (58 )Tj 1.418 0 Td ( )Tj 2.091 0 Td ( )Tj 1.418 0 Td (2.6 )Tj -41.517 -1.2 Td (Non-traditional)Tj 19.343 0 Td ( )Tj 2.091 0 Td ( )Tj 1.778 0 Td (1,330 )Tj 2.668 0 Td ( )Tj 2.091 0 Td ( )Tj 0.918 0 Td (69.8 )Tj 2.583 0 Td ( )Tj 2.091 0 Td ( )Tj 1.778 0 Td (1,471 )Tj 2.668 0 Td ( )Tj 2.091 0 Td ( )Tj 0.918 0 Td (66.3 )Tj -39.817 -1.2 Td (Rice)Tj 18.143 0 Td ( )Tj 2.091 0 Td ( )Tj 2.528 0 Td (111 )Tj 1.918 0 Td ( )Tj 2.091 0 Td ( )Tj 1.418 0 Td (5.8 )Tj 2.083 0 Td ( )Tj 2.091 0 Td ( )Tj 2.528 0 Td (106 )Tj 1.918 0 Td ( )Tj 2.091 0 Td ( )Tj 1.418 0 Td (4.8 )Tj -40.317 -1.2 Td (Textiles)Tj 18.143 0 Td ( )Tj 2.091 0 Td ( )Tj 3.028 0 Td (70 )Tj 1.418 0 Td ( )Tj 2.091 0 Td ( )Tj 1.418 0 Td (3.7 )Tj 2.083 0 Td ( )Tj 2.091 0 Td ( )Tj 3.028 0 Td (61 )Tj 1.418 0 Td ( )Tj 2.091 0 Td ( )Tj 1.418 0 Td (2.7 )Tj -40.317 -1.2 Td (Chemicals)Tj 18.143 0 Td ( )Tj 2.091 0 Td ( )Tj 3.028 0 Td (81 )Tj 1.418 0 Td ( )Tj 2.091 0 Td ( )Tj 1.418 0 Td (4.3 )Tj 2.083 0 Td ( )Tj 2.091 0 Td ( )Tj 3.028 0 Td (91 )Tj 1.418 0 Td ( )Tj 2.091 0 Td ( )Tj 1.418 0 Td (4.1 )Tj -40.317 -1.2 Td (Other)Tj 18.143 0 Td ( )Tj 2.091 0 Td ( )Tj 1.778 0 Td (1,067 )Tj 2.668 0 Td ( )Tj 2.091 0 Td ( )Tj 0.918 0 Td (56.0% )Tj 4.674 0 Td ( )Tj 1.778 0 Td (1,214 )Tj 2.668 0 Td ( )Tj 2.091 0 Td ( )Tj 0.918 0 Td (54.7%)Tj 1 0 0 1 40 479.0714 Tm ( )Tj 241.786 0 Td ( )Tj 76.233 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 5.227 0 Td ( )Tj 59.235 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 10.412 0 Td ( )Tj 76.233 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 5.227 0 Td ( )Tj 59.235 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 12.5 0 0 12.5 25 467.4082 Tm ( )Tj 20.543 0 Td ( )Tj 2.091 0 Td ( )Tj 1.778 0 Td ( )Tj 2.25 0 Td ( )Tj 0.418 0 Td ( )Tj 2.091 0 Td ( )Tj 0.418 0 Td ( )Tj 2.25 0 Td ( )Tj 0.833 0 Td ( )Tj 2.091 0 Td ( )Tj 1.778 0 Td ( )Tj 2.25 0 Td ( )Tj 0.418 0 Td ( )Tj 2.091 0 Td ( )Tj 0.418 0 Td ( )Tj 2.25 0 Td ( )Tj -43.967 -1.2 Td (Total exports)Tj 20.543 0 Td ( )Tj 2.091 0 Td (US$1,905 )Tj 4.446 0 Td ( )Tj 2.091 0 Td ( )Tj 0.418 0 Td (100.0% )Tj 5.174 0 Td (US$2,218 )Tj 4.446 0 Td ( )Tj 2.091 0 Td ( )Tj 0.418 0 Td (100.0%)Tj 1 0 0 1 40 445.8714 Tm ( )Tj 241.786 0 Td ( )Tj 76.233 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 5.227 0 Td ( )Tj 59.235 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 10.412 0 Td ( )Tj 76.233 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 5.227 0 Td ( )Tj 59.235 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 12.5 0 0 12.5 25 433.2083 Tm ( )Tj 20.543 0 Td ( )Tj 2.091 0 Td ( )Tj 1.778 0 Td ( )Tj 2.25 0 Td ( )Tj 0.418 0 Td ( )Tj 2.091 0 Td ( )Tj 0.418 0 Td ( )Tj 2.25 0 Td ( )Tj 0.833 0 Td ( )Tj 2.091 0 Td ( )Tj 1.778 0 Td ( )Tj 2.25 0 Td ( )Tj 0.418 0 Td ( )Tj 2.091 0 Td ( )Tj 0.418 0 Td ( )Tj 2.25 0 Td ( )Tj -43.967 -1.2 Td (Imports \(CIF\))Tj 20.543 0 Td ( )Tj 2.091 0 Td ( )Tj 1.778 0 Td ( )Tj 2.25 0 Td ( )Tj 0.418 0 Td ( )Tj 2.091 0 Td ( )Tj 0.418 0 Td ( )Tj 2.25 0 Td ( )Tj 0.833 0 Td ( )Tj 2.091 0 Td ( )Tj 1.778 0 Td ( )Tj 2.25 0 Td ( )Tj 0.418 0 Td ( )Tj 2.091 0 Td ( )Tj 0.418 0 Td ( )Tj 2.25 0 Td ( )Tj -42.767 -1.2 Td (Consumer goods)Tj 19.343 0 Td ( )Tj 2.091 0 Td (US$)Tj 2.528 0 Td (378 )Tj 1.918 0 Td ( )Tj 2.091 0 Td ( )Tj 0.918 0 Td (18.0 )Tj 2.583 0 Td ( )Tj 2.091 0 Td (US$)Tj 2.528 0 Td (464 )Tj 1.918 0 Td ( )Tj 2.091 0 Td ( )Tj 0.918 0 Td (17.1 )Tj -41.017 -1.2 Td (Intermediate Goods)Tj 19.343 0 Td ( )Tj 2.091 0 Td ( )Tj 1.778 0 Td (1,451 )Tj 2.668 0 Td ( )Tj 2.091 0 Td ( )Tj 0.918 0 Td (69.2 )Tj 2.583 0 Td ( )Tj 2.091 0 Td ( )Tj 1.778 0 Td (1,903 )Tj 2.668 0 Td ( )Tj 2.091 0 Td ( )Tj 0.918 0 Td (70.2 )Tj -41.017 -1.2 Td (Capital goods)Tj 19.343 0 Td ( )Tj 2.091 0 Td ( )Tj 2.528 0 Td (267 )Tj 1.918 0 Td ( )Tj 2.091 0 Td ( )Tj 0.918 0 Td (12.7 )Tj 2.583 0 Td ( )Tj 2.091 0 Td ( )Tj 2.528 0 Td (342 )Tj 1.918 0 Td ( )Tj 2.091 0 Td ( )Tj 0.918 0 Td (12.6 )Tj 1 0 0 1 40 367.6714 Tm ( )Tj 241.786 0 Td ( )Tj 76.233 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 5.227 0 Td ( )Tj 59.235 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 10.412 0 Td ( )Tj 76.233 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 5.227 0 Td ( )Tj 59.235 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 12.5 0 0 12.5 25 356.0083 Tm ( )Tj 20.543 0 Td ( )Tj 2.091 0 Td ( )Tj 1.778 0 Td ( )Tj 2.25 0 Td ( )Tj 0.418 0 Td ( )Tj 2.091 0 Td ( )Tj 0.418 0 Td ( )Tj 2.25 0 Td ( )Tj 0.833 0 Td ( )Tj 2.091 0 Td ( )Tj 1.778 0 Td ( )Tj 2.25 0 Td ( )Tj 0.418 0 Td ( )Tj 2.091 0 Td ( )Tj 0.418 0 Td ( )Tj 2.25 0 Td ( )Tj -43.967 -1.2 Td (Total imports)Tj 20.543 0 Td ( )Tj 2.091 0 Td (US$2,097 )Tj 4.446 0 Td ( )Tj 2.091 0 Td ( )Tj 0.418 0 Td (100.0% )Tj 5.174 0 Td (US$2,710 )Tj 4.446 0 Td ( )Tj 2.091 0 Td ( )Tj 0.418 0 Td (100.0%)Tj 1 0 0 1 40 334.4714 Tm ( )Tj 241.786 0 Td ( )Tj 76.233 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 5.227 0 Td ( )Tj 59.235 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 10.412 0 Td ( )Tj 76.233 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 5.227 0 Td ( )Tj 59.235 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 12.5 0 0 12.5 25 321.8083 Tm ( )Tj 20.543 0 Td ( )Tj 2.091 0 Td ( )Tj 1.778 0 Td ( )Tj 2.25 0 Td ( )Tj 0.418 0 Td ( )Tj 2.091 0 Td ( )Tj 0.418 0 Td ( )Tj 2.25 0 Td ( )Tj 0.833 0 Td ( )Tj 2.091 0 Td ( )Tj 1.778 0 Td ( )Tj 2.25 0 Td ( )Tj 0.418 0 Td ( )Tj 2.091 0 Td ( )Tj 0.418 0 Td ( )Tj 2.25 0 Td ( )Tj -43.967 -1.2 Td (Trade balance)Tj 20.543 0 Td ( )Tj 2.091 0 Td (US$)Tj 2.195 0 Td (\(192\))Tj 2.251 0 Td ( )Tj 2.091 0 Td ( )Tj 0.418 0 Td ( )Tj 2.25 0 Td ( )Tj 0.833 0 Td ( )Tj 2.091 0 Td (US$)Tj 2.195 0 Td (\(492\))Tj 2.251 0 Td ( )Tj 2.091 0 Td ( )Tj 0.418 0 Td ( )Tj 2.25 0 Td ( )Tj 1 0 0 1 25 300.2714 Tm ( )Tj 256.786 0 Td ( )Tj 76.233 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 5.227 0 Td ( )Tj 26.133 0 Td ( )Tj 5.227 0 Td ( )Tj 28.125 0 Td ( )Tj 10.412 0 Td ( )Tj 76.233 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 5.227 0 Td ( )Tj 26.133 0 Td ( )Tj 5.227 0 Td ( )Tj 28.125 0 Td ( )Tj 3.75 0 0 3.75 10 274.1889 Tm ( )Tj 12.5 0 0 12.5 10 262.1082 Tm (\(1\))Tj 6.668 0 Td ( )Tj 2.223 0 Td (Preliminary data.)Tj /TT3 1 Tf -8.891 -1.803 Td (Source)Tj /TT1 1 Tf (: Banco Central. )Tj 22.055 -2.72 Td (S-12 )Tj ET 0.5 0.5 0.5 rg 10 173.403 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(22 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 673 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /WebCaptureBG BMC /WebCaptureFN <>BDC q 0 18 595 806 re W* n /Artifact <>BDC Q 317.294 686.992 m 427.257 686.992 l 427.257 687.992 l 317.294 687.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 464.625 686.992 m 574.587 686.992 l 574.587 687.992 l 464.625 687.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 671.992 280.338 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 290.338 671.992 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 317.294 671.992 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 333.269 671.992 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 361.394 671.992 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 366.785 671.992 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 393.74 671.992 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 399.132 671.992 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 427.257 671.992 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 437.669 671.992 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 464.625 671.992 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 480.6 671.992 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 508.725 671.992 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.116 671.992 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.071 671.992 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 546.462 671.992 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 574.587 671.992 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 626.992 280.338 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 290.338 626.992 26.956 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 317.294 626.992 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 333.269 626.992 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 361.394 626.992 5.391 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 366.785 626.992 26.956 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 393.74 626.992 5.391 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 399.132 626.992 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 427.257 626.992 10.413 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 437.669 626.992 26.956 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 464.625 626.992 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 480.6 626.992 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 508.725 626.992 5.391 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.116 626.992 26.956 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.071 626.992 5.391 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 546.462 626.992 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 574.587 626.992 10.413 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 596.992 280.338 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 290.338 596.992 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 317.294 596.992 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 333.269 596.992 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 361.394 596.992 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 366.785 596.992 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 393.74 596.992 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 399.132 596.992 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 427.257 596.992 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 437.669 596.992 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 464.625 596.992 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 480.6 596.992 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 508.725 596.992 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.116 596.992 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.071 596.992 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 546.462 596.992 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 574.587 596.992 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 317.294 581.992 m 361.394 581.992 l 361.394 580.992 l 317.294 580.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 393.74 581.992 m 427.257 581.992 l 427.257 580.992 l 393.74 580.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 464.625 581.992 m 508.725 581.992 l 508.725 580.992 l 464.625 580.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.071 581.992 m 574.587 581.992 l 574.587 580.992 l 541.071 580.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 564.792 280.338 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 290.338 564.792 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 317.294 564.792 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 333.269 564.792 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 361.394 564.792 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 366.785 564.792 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 393.74 564.792 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 399.132 564.792 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 427.257 564.792 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 437.669 564.792 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 464.625 564.792 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 480.6 564.792 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 508.725 564.792 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.116 564.792 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.071 564.792 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 546.462 564.792 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 574.587 564.792 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 317.294 564.792 m 361.394 564.792 l 361.394 563.792 l 317.294 563.792 l h f 317.294 562.792 m 361.394 562.792 l 361.394 561.792 l 317.294 561.792 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 393.74 564.792 m 427.257 564.792 l 427.257 563.792 l 393.74 563.792 l h f 393.74 562.792 m 427.257 562.792 l 427.257 561.792 l 393.74 561.792 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 464.625 564.792 m 508.725 564.792 l 508.725 563.792 l 464.625 563.792 l h f 464.625 562.792 m 508.725 562.792 l 508.725 561.792 l 464.625 561.792 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.071 564.792 m 574.587 564.792 l 574.587 563.792 l 541.071 563.792 l h f 541.071 562.792 m 574.587 562.792 l 574.587 561.792 l 541.071 561.792 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 530.592 280.338 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 290.338 530.592 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 317.294 530.592 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 333.269 530.592 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 361.394 530.592 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 366.785 530.592 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 393.74 530.592 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 399.132 530.592 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 427.257 530.592 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 437.669 530.592 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 464.625 530.592 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 480.6 530.592 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 508.725 530.592 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.116 530.592 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.071 530.592 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 546.462 530.592 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 574.587 530.592 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 500.592 280.338 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 290.338 500.592 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 317.294 500.592 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 333.269 500.592 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 361.394 500.592 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 366.785 500.592 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 393.74 500.592 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 399.132 500.592 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 427.257 500.592 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 437.669 500.592 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 464.625 500.592 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 480.6 500.592 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 508.725 500.592 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.116 500.592 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.071 500.592 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 546.462 500.592 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 574.587 500.592 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 470.592 280.338 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 290.338 470.592 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 317.294 470.592 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 333.269 470.592 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 361.394 470.592 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 366.785 470.592 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 393.74 470.592 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 399.132 470.592 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 427.257 470.592 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 437.669 470.592 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 464.625 470.592 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 480.6 470.592 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 508.725 470.592 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.116 470.592 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.071 470.592 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 546.462 470.592 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 574.587 470.592 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 440.592 280.338 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 290.338 440.592 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 317.294 440.592 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 333.269 440.592 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 361.394 440.592 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 366.785 440.592 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 393.74 440.592 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 399.132 440.592 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 427.257 440.592 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 437.669 440.592 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 464.625 440.592 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 480.6 440.592 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 508.725 440.592 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.116 440.592 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.071 440.592 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 546.462 440.592 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 574.587 440.592 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 317.294 425.592 m 361.394 425.592 l 361.394 424.592 l 317.294 424.592 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 393.74 425.592 m 427.257 425.592 l 427.257 424.592 l 393.74 424.592 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 464.625 425.592 m 508.725 425.592 l 508.725 424.592 l 464.625 424.592 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.071 425.592 m 574.587 425.592 l 574.587 424.592 l 541.071 424.592 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 408.392 280.338 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 290.338 408.392 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 317.294 408.392 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 333.269 408.392 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 361.394 408.392 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 366.785 408.392 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 393.74 408.392 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 399.132 408.392 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 427.257 408.392 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 437.669 408.392 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 464.625 408.392 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 480.6 408.392 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 508.725 408.392 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.116 408.392 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.071 408.392 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 546.462 408.392 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 574.587 408.392 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 317.294 408.392 m 361.394 408.392 l 361.394 407.392 l 317.294 407.392 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 393.74 408.392 m 427.257 408.392 l 427.257 407.392 l 393.74 407.392 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 464.625 408.392 m 508.725 408.392 l 508.725 407.392 l 464.625 407.392 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.071 408.392 m 574.587 408.392 l 574.587 407.392 l 541.071 407.392 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 376.192 280.338 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 290.338 376.192 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 317.294 376.192 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 333.269 376.192 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 361.394 376.192 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 366.785 376.192 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 393.74 376.192 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 399.132 376.192 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 427.257 376.192 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 437.669 376.192 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 464.625 376.192 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 480.6 376.192 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 508.725 376.192 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.116 376.192 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.071 376.192 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 546.462 376.192 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 574.587 376.192 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 346.192 280.338 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 290.338 346.192 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 317.294 346.192 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 333.269 346.192 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 361.394 346.192 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 366.785 346.192 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 393.74 346.192 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 399.132 346.192 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 427.257 346.192 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 437.669 346.192 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 464.625 346.192 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 480.6 346.192 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 508.725 346.192 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.116 346.192 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.071 346.192 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 546.462 346.192 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 574.587 346.192 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 317.294 346.192 m 361.394 346.192 l 361.394 345.192 l 317.294 345.192 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 393.74 346.192 m 427.257 346.192 l 427.257 345.192 l 393.74 345.192 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 464.625 346.192 m 508.725 346.192 l 508.725 345.192 l 464.625 345.192 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.071 346.192 m 574.587 346.192 l 574.587 345.192 l 541.071 345.192 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 317.294 313.992 m 361.394 313.992 l 361.394 312.992 l 317.294 312.992 l h f 317.294 311.992 m 361.394 311.992 l 361.394 310.992 l 317.294 310.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 393.74 313.992 m 427.257 313.992 l 427.257 312.992 l 393.74 312.992 l h f 393.74 311.992 m 427.257 311.992 l 427.257 310.992 l 393.74 310.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 464.625 313.992 m 508.725 313.992 l 508.725 312.992 l 464.625 312.992 l h f 464.625 311.992 m 508.725 311.992 l 508.725 310.992 l 464.625 310.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.071 313.992 m 574.587 313.992 l 574.587 312.992 l 541.071 312.992 l h f 541.071 311.992 m 574.587 311.992 l 574.587 310.992 l 541.071 310.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 279.792 280.338 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 290.338 279.792 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 317.294 279.792 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 333.269 279.792 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 361.394 279.792 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 366.785 279.792 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 393.74 279.792 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 399.132 279.792 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 427.257 279.792 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 437.669 279.792 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 464.625 279.792 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 480.6 279.792 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 508.725 279.792 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.116 279.792 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.071 279.792 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 546.462 279.792 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 574.587 279.792 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 249.792 280.338 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 290.338 249.792 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 317.294 249.792 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 333.269 249.792 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 361.394 249.792 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 366.785 249.792 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 393.74 249.792 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 399.132 249.792 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 427.257 249.792 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 437.669 249.792 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 464.625 249.792 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 480.6 249.792 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 508.725 249.792 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.116 249.792 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.071 249.792 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 546.462 249.792 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 574.587 249.792 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 219.792 280.338 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 290.338 219.792 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 317.294 219.792 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 333.269 219.792 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 361.394 219.792 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 366.785 219.792 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 393.74 219.792 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 399.132 219.792 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 427.257 219.792 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 437.669 219.792 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 464.625 219.792 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 480.6 219.792 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 508.725 219.792 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.116 219.792 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.071 219.792 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 546.462 219.792 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 574.587 219.792 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 174.792 280.338 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 290.338 174.792 26.956 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 317.294 174.792 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 333.269 174.792 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 361.394 174.792 5.391 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 366.785 174.792 26.956 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 393.74 174.792 5.391 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 399.132 174.792 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 427.257 174.792 10.413 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 437.669 174.792 26.956 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 464.625 174.792 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 480.6 174.792 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 508.725 174.792 5.391 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.116 174.792 26.956 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.071 174.792 5.391 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 546.462 174.792 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 574.587 174.792 10.413 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 317.294 174.792 m 361.394 174.792 l 361.394 173.792 l 317.294 173.792 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 393.74 174.792 m 427.257 174.792 l 427.257 173.792 l 393.74 173.792 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 464.625 174.792 m 508.725 174.792 l 508.725 173.792 l 464.625 173.792 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.071 174.792 m 574.587 174.792 l 574.587 173.792 l 541.071 173.792 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 142.592 280.338 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 290.338 142.592 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 317.294 142.592 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 333.269 142.592 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 361.394 142.592 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 366.785 142.592 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 393.74 142.592 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 399.132 142.592 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 427.257 142.592 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 437.669 142.592 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 464.625 142.592 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 480.6 142.592 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 508.725 142.592 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.116 142.592 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.071 142.592 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 546.462 142.592 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 574.587 142.592 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 112.592 280.338 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 290.338 112.592 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 317.294 112.592 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 333.269 112.592 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 361.394 112.592 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 366.785 112.592 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 393.74 112.592 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 399.132 112.592 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 427.257 112.592 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 437.669 112.592 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 464.625 112.592 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 480.6 112.592 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 508.725 112.592 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.116 112.592 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.071 112.592 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 546.462 112.592 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 574.587 112.592 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 82.592 280.338 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 290.338 82.592 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 317.294 82.592 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 333.269 82.592 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 361.394 82.592 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 366.785 82.592 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 393.74 82.592 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 399.132 82.592 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 427.257 82.592 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 437.669 82.592 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 464.625 82.592 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 480.6 82.592 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 508.725 82.592 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.116 82.592 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.071 82.592 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 546.462 82.592 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 574.587 82.592 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 52.592 280.338 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 290.338 52.592 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 317.294 52.592 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 333.269 52.592 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 361.394 52.592 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 366.785 52.592 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 393.74 52.592 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 399.132 52.592 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 427.257 52.592 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 437.669 52.592 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 464.625 52.592 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 480.6 52.592 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 508.725 52.592 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.116 52.592 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.071 52.592 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 546.462 52.592 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 574.587 52.592 10.413 15 re f EMC EMC EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 166.25 746.1212 Tm (Geographical Distribution of Merchandise Trade)Tj /TT1 1 Tf ( )Tj 1.445 -1.197 Td (\(millions of US$, unless otherwise indicated\) )Tj -13.945 -1.2 Td ( )Tj 22.427 0 Td ( )Tj 2.156 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 0.431 0 Td ( )Tj 2.156 0 Td ( )Tj 0.431 0 Td ( )Tj 2.25 0 Td ( )Tj 0.833 0 Td ( )Tj 2.156 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 0.431 0 Td ( )Tj 2.156 0 Td ( )Tj 0.431 0 Td ( )Tj 2.25 0 Td ( )Tj 10 0 0 10 10 703.3287 Tm ( )Tj 28.034 0 Td ( )Tj 6.777 0 Td (Jan-Jul)Tj 6.915 0 Td ( )Tj 1.041 0 Td ( )Tj 6.777 0 Td (Jan-Jul)Tj 6.915 0 Td ( )Tj -56.459 -1.3 Td ( )Tj 28.034 0 Td ( )Tj 7.194 0.1 Td (2005)Tj 6.498 -0.1 Td ( )Tj 1.041 0 Td ( )Tj 7.194 0.1 Td (2006)Tj 6.498 -0.1 Td ( )Tj 12.5 0 0 12.5 25 676.1628 Tm (Exports \(FOB\))Tj 21.227 0 Td ( )Tj 2.156 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 0.431 0 Td ( )Tj 2.156 0 Td ( )Tj 0.431 0 Td ( )Tj 2.25 0 Td ( )Tj 0.833 0 Td ( )Tj 2.156 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 0.431 0 Td ( )Tj 2.156 0 Td ( )Tj 0.431 0 Td ( )Tj 2.25 0 Td ( )Tj -43.967 -1.2 Td (Americas:)Tj 21.227 0 Td ( )Tj 2.156 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 0.431 0 Td ( )Tj 2.156 0 Td ( )Tj 0.431 0 Td ( )Tj 2.25 0 Td ( )Tj 0.833 0 Td ( )Tj 2.156 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 0.431 0 Td ( )Tj 2.156 0 Td ( )Tj 0.431 0 Td ( )Tj 2.25 0 Td ( )Tj -42.767 -2.4 Td (Argentina)Tj 20.027 0 Td ( )Tj 2.156 1.2 Td (US)Tj 0 -1.2 TD ($)Tj 2.028 0 Td (145 )Tj 1.931 0 Td ( )Tj 2.156 0 Td ( )Tj 1.431 0 Td (7.6% )Tj 4.239 1.2 Td (US)Tj T* ($)Tj 2.028 0 Td (171 )Tj 1.931 0 Td ( )Tj 2.156 0 Td ( )Tj 1.431 0 Td (7.7%)Tj -41.517 -1.2 Td (Brazil)Tj 20.027 0 Td ( )Tj 2.156 0 Td ( )Tj 2.028 0 Td (258 )Tj 1.931 0 Td ( )Tj 2.156 0 Td ( )Tj 0.931 0 Td (13.6 )Tj 2.583 0 Td ( )Tj 2.156 0 Td ( )Tj 2.028 0 Td (298 )Tj 1.931 0 Td ( )Tj 2.156 0 Td ( )Tj 0.931 0 Td (13.5 )Tj -41.017 -1.2 Td (United States)Tj 20.027 0 Td ( )Tj 2.156 0 Td ( )Tj 2.028 0 Td (431 )Tj 1.931 0 Td ( )Tj 2.156 0 Td ( )Tj 0.931 0 Td (22.6 )Tj 2.583 0 Td ( )Tj 2.156 0 Td ( )Tj 2.028 0 Td (315 )Tj 1.931 0 Td ( )Tj 2.156 0 Td ( )Tj 0.931 0 Td (14.2 )Tj -41.017 -1.2 Td (Other)Tj 20.027 0 Td ( )Tj 2.156 0 Td ( )Tj 2.028 0 Td (297 )Tj 1.931 0 Td ( )Tj 2.156 0 Td ( )Tj 0.931 0 Td (15.6 )Tj 2.583 0 Td ( )Tj 2.156 0 Td ( )Tj 2.028 0 Td (379 )Tj 1.931 0 Td ( )Tj 2.156 0 Td ( )Tj 0.931 0 Td (17.1 )Tj 1 0 0 1 40 580.6259 Tm ( )Tj 250.338 0 Td ( )Tj 70.806 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 5.391 0 Td ( )Tj 60.222 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 10.413 0 Td ( )Tj 70.806 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 5.391 0 Td ( )Tj 60.222 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 12.5 0 0 12.5 55 568.9628 Tm (Total Americas)Tj 18.827 0 Td ( )Tj 2.156 0 Td ( )Tj 1.278 0 Td (1,131 )Tj 2.681 0 Td ( )Tj 2.156 0 Td ( )Tj 0.931 0 Td (59.4% )Tj 4.739 0 Td ( )Tj 1.278 0 Td (1,164 )Tj 2.681 0 Td ( )Tj 2.156 0 Td ( )Tj 0.931 0 Td (52.5%)Tj 1 0 0 1 40 562.4259 Tm ( )Tj 250.338 0 Td ( )Tj 70.806 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 5.391 0 Td ( )Tj 60.222 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 10.413 0 Td ( )Tj 70.806 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 5.391 0 Td ( )Tj 60.222 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 12.5 0 0 12.5 25 549.7628 Tm (Europe:)Tj 21.227 0 Td ( )Tj 2.156 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 0.431 0 Td ( )Tj 2.156 0 Td ( )Tj 0.431 0 Td ( )Tj 2.25 0 Td ( )Tj 0.833 0 Td ( )Tj 2.156 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 0.431 0 Td ( )Tj 2.156 0 Td ( )Tj 0.431 0 Td ( )Tj 2.25 0 Td ( )Tj -42.767 -1.2 Td (European Union)Tj 20.027 0 Td ( )Tj 2.156 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 0.431 0 Td ( )Tj 2.156 0 Td ( )Tj 0.431 0 Td ( )Tj 2.25 0 Td ( )Tj 0.833 0 Td ( )Tj 2.156 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 0.431 0 Td ( )Tj 2.156 0 Td ( )Tj 0.431 0 Td ( )Tj 2.25 0 Td ( )Tj -42.767 -1.2 Td (France)Tj 20.027 0 Td ( )Tj 2.156 0 Td ( )Tj 2.528 0 Td (18 )Tj 1.431 0 Td ( )Tj 2.156 0 Td ( )Tj 1.431 0 Td (1.0 )Tj 2.083 0 Td ( )Tj 2.156 0 Td ( )Tj 2.528 0 Td (19 )Tj 1.431 0 Td ( )Tj 2.156 0 Td ( )Tj 1.431 0 Td (0.8 )Tj -41.517 -1.2 Td (Germany)Tj 20.027 0 Td ( )Tj 2.156 0 Td ( )Tj 2.528 0 Td (76 )Tj 1.431 0 Td ( )Tj 2.156 0 Td ( )Tj 1.431 0 Td (4.0 )Tj 2.083 0 Td ( )Tj 2.156 0 Td ( )Tj 2.528 0 Td (92 )Tj 1.431 0 Td ( )Tj 2.156 0 Td ( )Tj 1.431 0 Td (4.1 )Tj -41.517 -1.2 Td (Italy)Tj 20.027 0 Td ( )Tj 2.156 0 Td ( )Tj 2.528 0 Td (54 )Tj 1.431 0 Td ( )Tj 2.156 0 Td ( )Tj 1.431 0 Td (2.8 )Tj 2.083 0 Td ( )Tj 2.156 0 Td ( )Tj 2.528 0 Td (66 )Tj 1.431 0 Td ( )Tj 2.156 0 Td ( )Tj 1.431 0 Td (3.0 )Tj -41.517 -1.2 Td (United Kingdom)Tj 20.027 0 Td ( )Tj 2.156 0 Td ( )Tj 2.528 0 Td (47 )Tj 1.431 0 Td ( )Tj 2.156 0 Td ( )Tj 1.431 0 Td (2.4 )Tj 2.083 0 Td ( )Tj 2.156 0 Td ( )Tj 2.528 0 Td (51 )Tj 1.431 0 Td ( )Tj 2.156 0 Td ( )Tj 1.431 0 Td (2.3 )Tj -41.517 -1.2 Td (Other Europ. Union)Tj 20.027 0 Td ( )Tj 2.156 0 Td ( )Tj 2.028 0 Td (137 )Tj 1.931 0 Td ( )Tj 2.156 0 Td ( )Tj 1.431 0 Td (7.2 )Tj 2.083 0 Td ( )Tj 2.156 0 Td ( )Tj 2.028 0 Td (126 )Tj 1.931 0 Td ( )Tj 2.156 0 Td ( )Tj 1.431 0 Td (5.7 )Tj -40.317 -1.2 Td (Total Europ. Union)Tj 18.827 0 Td ( )Tj 2.156 0 Td ( )Tj 2.028 0 Td (331 )Tj 1.931 0 Td ( )Tj 2.156 0 Td ( )Tj 0.931 0 Td (17.4 )Tj 2.583 0 Td ( )Tj 2.156 0 Td ( )Tj 2.028 0 Td (354 )Tj 1.931 0 Td ( )Tj 2.156 0 Td ( )Tj 0.931 0 Td (16.0 )Tj -42.217 -1.2 Td (EFTA\(2\) and other)Tj 21.227 0 Td ( )Tj 2.156 0 Td ( )Tj 2.528 0 Td (58 )Tj 1.431 0 Td ( )Tj 2.156 0 Td ( )Tj 1.431 0 Td (3.0 )Tj 2.083 0 Td ( )Tj 2.156 0 Td ( )Tj 2.028 0 Td (185 )Tj 1.931 0 Td ( )Tj 2.156 0 Td ( )Tj 1.431 0 Td (8.3 )Tj 1 0 0 1 40 424.226 Tm ( )Tj 250.338 0 Td ( )Tj 70.806 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 5.391 0 Td ( )Tj 60.222 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 10.413 0 Td ( )Tj 70.806 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 5.391 0 Td ( )Tj 60.222 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 12.5 0 0 12.5 55 412.5628 Tm (Total Europe)Tj 18.827 0 Td ( )Tj 2.156 0 Td ( )Tj 2.028 0 Td (389 )Tj 1.931 0 Td ( )Tj 2.156 0 Td ( )Tj 0.931 0 Td (20.4 )Tj 2.583 0 Td ( )Tj 2.156 0 Td ( )Tj 2.028 0 Td (539 )Tj 1.931 0 Td ( )Tj 2.156 0 Td ( )Tj 0.931 0 Td (24.3 )Tj 1 0 0 1 40 407.0259 Tm ( )Tj 250.338 0 Td ( )Tj 70.806 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 5.391 0 Td ( )Tj 60.222 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 10.413 0 Td ( )Tj 70.806 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 5.391 0 Td ( )Tj 60.222 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 12.5 0 0 12.5 25 395.3628 Tm (Africa)Tj 21.227 0 Td ( )Tj 2.156 0 Td ( )Tj 2.528 0 Td (58 )Tj 1.431 0 Td ( )Tj 2.156 0 Td ( )Tj 1.431 0 Td (3.0 )Tj 2.083 0 Td ( )Tj 2.156 0 Td ( )Tj 2.528 0 Td (96 )Tj 1.431 0 Td ( )Tj 2.156 0 Td ( )Tj 1.431 0 Td (4.3 )Tj -42.717 -1.2 Td (Asia)Tj 21.227 0 Td ( )Tj 2.156 0 Td ( )Tj 2.028 0 Td (153 )Tj 1.931 0 Td ( )Tj 2.156 0 Td ( )Tj 1.431 0 Td (8.0 )Tj 2.083 0 Td ( )Tj 2.156 0 Td ( )Tj 2.028 0 Td (191 )Tj 1.931 0 Td ( )Tj 2.156 0 Td ( )Tj 1.431 0 Td (8.6 )Tj -42.717 -1.2 Td (Middle East)Tj 21.227 0 Td ( )Tj 2.156 0 Td ( )Tj 2.528 0 Td (88 )Tj 1.431 0 Td ( )Tj 2.156 0 Td ( )Tj 1.431 0 Td (4.6 )Tj 2.083 0 Td ( )Tj 2.156 0 Td ( )Tj 2.028 0 Td (116 )Tj 1.931 0 Td ( )Tj 2.156 0 Td ( )Tj 1.431 0 Td (5.2 )Tj -42.717 -1.2 Td (Other)Tj 21.227 0 Td ( )Tj 2.156 0 Td ( )Tj 2.528 0 Td (86 )Tj 1.431 0 Td ( )Tj 2.156 0 Td ( )Tj 1.431 0 Td (4.5 )Tj 2.083 0 Td ( )Tj 2.156 0 Td ( )Tj 2.028 0 Td (112 )Tj 1.931 0 Td ( )Tj 2.156 0 Td ( )Tj 1.431 0 Td (5.0 )Tj 1 0 0 1 40 344.8259 Tm ( )Tj 250.338 0 Td ( )Tj 70.806 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 5.391 0 Td ( )Tj 60.222 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 10.413 0 Td ( )Tj 70.806 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 5.391 0 Td ( )Tj 60.222 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 12.5 0 0 12.5 55 318.1628 Tm (Total)Tj 18.827 0 Td ( )Tj 2.156 1.2 Td (US)Tj 0 -1.2 TD ($)Tj 1.278 0 Td (1,905 )Tj 2.681 0 Td ( )Tj 2.156 0 Td ( )Tj 0.431 0 Td (100.0% )Tj 5.239 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (2,218 )Tj 2.681 0 Td ( )Tj 2.156 0 Td ( )Tj 0.431 0 Td (100.0%)Tj 1 0 0 1 40 311.6259 Tm ( )Tj 250.338 0 Td ( )Tj 70.806 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 5.391 0 Td ( )Tj 60.222 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 10.413 0 Td ( )Tj 70.806 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 5.391 0 Td ( )Tj 60.222 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 12.5 0 0 12.5 25 298.9628 Tm ( )Tj 21.227 0 Td ( )Tj 2.156 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 0.431 0 Td ( )Tj 2.156 0 Td ( )Tj 0.431 0 Td ( )Tj 2.25 0 Td ( )Tj 0.833 0 Td ( )Tj 2.156 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 0.431 0 Td ( )Tj 2.156 0 Td ( )Tj 0.431 0 Td ( )Tj 2.25 0 Td ( )Tj -43.967 -1.2 Td (Imports\(CIF\))Tj 21.227 0 Td ( )Tj 2.156 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 0.431 0 Td ( )Tj 2.156 0 Td ( )Tj 0.431 0 Td ( )Tj 2.25 0 Td ( )Tj 0.833 0 Td ( )Tj 2.156 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 0.431 0 Td ( )Tj 2.156 0 Td ( )Tj 0.431 0 Td ( )Tj 2.25 0 Td ( )Tj -43.967 -1.2 Td (Americas:)Tj 21.227 0 Td ( )Tj 2.156 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 0.431 0 Td ( )Tj 2.156 0 Td ( )Tj 0.431 0 Td ( )Tj 2.25 0 Td ( )Tj 0.833 0 Td ( )Tj 2.156 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 0.431 0 Td ( )Tj 2.156 0 Td ( )Tj 0.431 0 Td ( )Tj 2.25 0 Td ( )Tj -42.767 -1.2 Td (Argentina)Tj 20.027 0 Td ( )Tj 2.156 0 Td ( )Tj 2.028 0 Td (419 )Tj 1.931 0 Td ( )Tj 2.156 0 Td ( )Tj 0.931 0 Td (20.0% )Tj 4.739 0 Td ( )Tj 2.028 0 Td (580 )Tj 1.931 0 Td ( )Tj 2.156 0 Td ( )Tj 0.931 0 Td (21.4%)Tj -41.017 -1.2 Td (Brazil)Tj 20.027 0 Td ( )Tj 2.156 0 Td ( )Tj 2.028 0 Td (479 )Tj 1.931 0 Td ( )Tj 2.156 0 Td ( )Tj 0.931 0 Td (22.9 )Tj 2.583 0 Td ( )Tj 2.156 0 Td ( )Tj 2.028 0 Td (614 )Tj 1.931 0 Td ( )Tj 2.156 0 Td ( )Tj 0.931 0 Td (22.6 )Tj -41.017 -1.2 Td (United States)Tj 20.027 0 Td ( )Tj 2.156 0 Td ( )Tj 2.028 0 Td (145 )Tj 1.931 0 Td ( )Tj 2.156 0 Td ( )Tj 1.431 0 Td (6.9 )Tj 2.083 0 Td ( )Tj 2.156 0 Td ( )Tj 2.028 0 Td (201 )Tj 1.931 0 Td ( )Tj 2.156 0 Td ( )Tj 1.431 0 Td (7.4 )Tj -41.517 -1.2 Td (Other)Tj 20.027 0 Td ( )Tj 2.156 0 Td ( )Tj 2.028 0 Td (103 )Tj 1.931 0 Td ( )Tj 2.156 0 Td ( )Tj 1.431 0 Td (4.9 )Tj 2.083 0 Td ( )Tj 2.156 0 Td ( )Tj 2.028 0 Td (537 )Tj 1.931 0 Td ( )Tj 2.156 0 Td ( )Tj 0.931 0 Td (19.8 )Tj -39.817 -2.4 Td (Total Americas)Tj 18.827 0 Td ( )Tj 2.156 1.2 Td (US)Tj 0 -1.2 TD ($)Tj 1.278 0 Td (1,147 )Tj 2.681 0 Td ( )Tj 2.156 0 Td ( )Tj 0.931 0 Td (54.7 )Tj 2.583 0 Td ( )Tj 2.156 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (1,932 )Tj 2.681 0 Td ( )Tj 2.156 0 Td ( )Tj 0.931 0 Td (71.3 )Tj 1 0 0 1 40 173.4259 Tm ( )Tj 250.338 0 Td ( )Tj 70.806 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 5.391 0 Td ( )Tj 60.222 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 10.413 0 Td ( )Tj 70.806 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 5.391 0 Td ( )Tj 60.222 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 12.5 0 0 12.5 25 161.7628 Tm (Europe:)Tj 21.227 0 Td ( )Tj 2.156 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 0.431 0 Td ( )Tj 2.156 0 Td ( )Tj 0.431 0 Td ( )Tj 2.25 0 Td ( )Tj 0.833 0 Td ( )Tj 2.156 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 0.431 0 Td ( )Tj 2.156 0 Td ( )Tj 0.431 0 Td ( )Tj 2.25 0 Td ( )Tj -42.767 -1.2 Td (European Union)Tj 20.027 0 Td ( )Tj 2.156 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 0.431 0 Td ( )Tj 2.156 0 Td ( )Tj 0.431 0 Td ( )Tj 2.25 0 Td ( )Tj 0.833 0 Td ( )Tj 2.156 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 0.431 0 Td ( )Tj 2.156 0 Td ( )Tj 0.431 0 Td ( )Tj 2.25 0 Td ( )Tj -42.767 -1.2 Td (France)Tj 20.027 0 Td ( )Tj 2.156 0 Td ( )Tj 2.528 0 Td (36 )Tj 1.431 0 Td ( )Tj 2.156 0 Td ( )Tj 1.431 0 Td (1.7 )Tj 2.083 0 Td ( )Tj 2.156 0 Td ( )Tj 2.528 0 Td (47 )Tj 1.431 0 Td ( )Tj 2.156 0 Td ( )Tj 1.431 0 Td (1.7 )Tj -41.517 -1.2 Td (Germany)Tj 20.027 0 Td ( )Tj 2.156 0 Td ( )Tj 2.528 0 Td (49 )Tj 1.431 0 Td ( )Tj 2.156 0 Td ( )Tj 1.431 0 Td (2.3 )Tj 2.083 0 Td ( )Tj 2.156 0 Td ( )Tj 2.528 0 Td (54 )Tj 1.431 0 Td ( )Tj 2.156 0 Td ( )Tj 1.431 0 Td (2.0 )Tj -41.517 -1.2 Td (Italy)Tj 20.027 0 Td ( )Tj 2.156 0 Td ( )Tj 2.528 0 Td (41 )Tj 1.431 0 Td ( )Tj 2.156 0 Td ( )Tj 1.431 0 Td (2.0 )Tj 2.083 0 Td ( )Tj 2.156 0 Td ( )Tj 2.528 0 Td (47 )Tj 1.431 0 Td ( )Tj 2.156 0 Td ( )Tj 1.431 0 Td (1.7 )Tj -41.517 -1.2 Td (United Kingdom)Tj 20.027 0 Td ( )Tj 2.156 0 Td ( )Tj 2.528 0 Td (19 )Tj 1.431 0 Td ( )Tj 2.156 0 Td ( )Tj 1.431 0 Td (0.9 )Tj 2.083 0 Td ( )Tj 2.156 0 Td ( )Tj 2.528 0 Td (21 )Tj 1.431 0 Td ( )Tj 2.156 0 Td ( )Tj 1.431 0 Td (0.8 )Tj -41.517 -1.2 Td (Other Europ. Union)Tj 20.027 0 Td ( )Tj 2.156 0 Td ( )Tj 2.528 0 Td (81 )Tj 1.431 0 Td ( )Tj 2.156 0 Td ( )Tj 1.431 0 Td (3.9 )Tj 2.083 0 Td ( )Tj 2.156 0 Td ( )Tj 2.528 0 Td (82 )Tj 1.431 0 Td ( )Tj 2.156 0 Td ( )Tj 1.431 0 Td (3.0 )Tj -40.317 -1.2 Td (Total Europ. Union)Tj 18.827 0 Td ( )Tj 2.156 0 Td ( )Tj 2.028 0 Td (227 )Tj 1.931 0 Td ( )Tj 2.156 0 Td ( )Tj 0.931 0 Td (10.8 )Tj 2.583 0 Td ( )Tj 2.156 0 Td ( )Tj 2.028 0 Td (251 )Tj 1.931 0 Td ( )Tj 2.156 0 Td ( )Tj 1.431 0 Td (9.2 )Tj -42.717 -1.2 Td (EFTA\(2\) and other)Tj 21.227 0 Td ( )Tj 2.156 0 Td ( )Tj 2.028 0 Td (257 )Tj 1.931 0 Td ( )Tj 2.156 0 Td ( )Tj 0.931 0 Td (12.2 )Tj 2.583 0 Td ( )Tj 2.156 0 Td ( )Tj 2.528 0 Td (51 )Tj 1.431 0 Td ( )Tj 2.156 0 Td ( )Tj 1.431 0 Td (1.9 )Tj ET EMC /Artifact <>BDC Q 0 0 0 rg BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(23 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 674 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /WebCaptureBG BMC /WebCaptureFN <>BDC q 0 18 595 806 re W* n /Artifact <>BDC Q 317.294 816 m 361.394 816 l 361.394 815 l 317.294 815 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 393.74 816 m 427.257 816 l 427.257 815 l 393.74 815 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 464.625 816 m 508.725 816 l 508.725 815 l 464.625 815 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.071 816 m 574.587 816 l 574.587 815 l 541.071 815 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 798.8 280.338 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 290.338 798.8 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 317.294 798.8 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 333.269 798.8 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 361.394 798.8 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 366.785 798.8 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 393.74 798.8 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 399.132 798.8 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 427.257 798.8 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 437.669 798.8 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 464.625 798.8 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 480.6 798.8 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 508.725 798.8 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.116 798.8 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.071 798.8 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 546.462 798.8 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 574.587 798.8 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 317.294 798.8 m 361.394 798.8 l 361.394 797.8 l 317.294 797.8 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 393.74 798.8 m 427.257 798.8 l 427.257 797.8 l 393.74 797.8 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 464.625 798.8 m 508.725 798.8 l 508.725 797.8 l 464.625 797.8 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.071 798.8 m 574.587 798.8 l 574.587 797.8 l 541.071 797.8 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 766.6 280.338 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 290.338 766.6 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 317.294 766.6 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 333.269 766.6 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 361.394 766.6 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 366.785 766.6 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 393.74 766.6 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 399.132 766.6 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 427.257 766.6 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 437.669 766.6 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 464.625 766.6 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 480.6 766.6 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 508.725 766.6 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.116 766.6 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.071 766.6 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 546.462 766.6 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 574.587 766.6 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 736.6 280.338 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 290.338 736.6 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 317.294 736.6 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 333.269 736.6 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 361.394 736.6 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 366.785 736.6 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 393.74 736.6 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 399.132 736.6 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 427.257 736.6 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 437.669 736.6 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 464.625 736.6 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 480.6 736.6 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 508.725 736.6 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.116 736.6 26.956 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.071 736.6 5.391 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 546.462 736.6 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 574.587 736.6 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 317.294 736.6 m 361.394 736.6 l 361.394 735.6 l 317.294 735.6 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 393.74 736.6 m 427.257 736.6 l 427.257 735.6 l 393.74 735.6 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 464.625 736.6 m 508.725 736.6 l 508.725 735.6 l 464.625 735.6 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.071 736.6 m 574.587 736.6 l 574.587 735.6 l 541.071 735.6 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 317.294 704.4 m 361.394 704.4 l 361.394 703.4 l 317.294 703.4 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 393.74 704.4 m 427.257 704.4 l 427.257 703.4 l 393.74 703.4 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 464.625 704.4 m 508.725 704.4 l 508.725 703.4 l 464.625 703.4 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.071 704.4 m 574.587 704.4 l 574.587 703.4 l 541.071 703.4 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 682.2 m 113.5 682.2 l 113.5 681.2 l 10 681.2 l h f EMC EMC EMC /Article <>BDC q 0 18 595 806 re W* n BT /TT0 1 Tf 40 814.634 Td ( )Tj 250.338 0 Td ( )Tj 70.806 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 5.391 0 Td ( )Tj 60.222 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 10.413 0 Td ( )Tj 70.806 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 5.391 0 Td ( )Tj 60.222 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 12.5 0 0 12.5 55 802.9705 Tm (Total Europe)Tj 18.827 0 Td ( )Tj 2.156 0 Td ( )Tj 2.028 0 Td (484 )Tj 1.931 0 Td ( )Tj 2.156 0 Td ( )Tj 0.931 0 Td (23.1 )Tj 2.583 0 Td ( )Tj 2.156 0 Td ( )Tj 2.028 0 Td (301 )Tj 1.931 0 Td ( )Tj 2.156 0 Td ( )Tj 0.931 0 Td (11.1 )Tj 1 0 0 1 40 797.4336 Tm ( )Tj 250.338 0 Td ( )Tj 70.806 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 5.391 0 Td ( )Tj 60.222 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 10.413 0 Td ( )Tj 70.806 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 5.391 0 Td ( )Tj 60.222 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 12.5 0 0 12.5 25 785.7705 Tm (Africa)Tj 21.227 0 Td ( )Tj 2.156 0 Td ( )Tj 2.028 0 Td (211 )Tj 1.931 0 Td ( )Tj 2.156 0 Td ( )Tj 0.931 0 Td (10.0 )Tj 2.583 0 Td ( )Tj 2.156 0 Td ( )Tj 2.528 0 Td (92 )Tj 1.431 0 Td ( )Tj 2.156 0 Td ( )Tj 1.431 0 Td (3.4 )Tj -42.717 -1.2 Td (Asia)Tj 21.227 0 Td ( )Tj 2.156 0 Td ( )Tj 2.028 0 Td (240 )Tj 1.931 0 Td ( )Tj 2.156 0 Td ( )Tj 0.931 0 Td (11.5 )Tj 2.583 0 Td ( )Tj 2.156 0 Td ( )Tj 2.028 0 Td (301 )Tj 1.931 0 Td ( )Tj 2.156 0 Td ( )Tj 0.931 0 Td (11.1 )Tj -42.217 -1.2 Td (Middle East)Tj 21.227 0 Td ( )Tj 2.156 0 Td ( )Tj 3.028 0 Td (8 )Tj 0.931 0 Td ( )Tj 2.156 0 Td ( )Tj 1.431 0 Td (0.4 )Tj 2.083 0 Td ( )Tj 2.156 0 Td ( )Tj 2.528 0 Td (75 )Tj 1.431 0 Td ( )Tj 2.156 0 Td ( )Tj 1.431 0 Td (2.8 )Tj -42.717 -1.2 Td (Other)Tj 21.227 0 Td ( )Tj 2.156 0 Td ( )Tj 3.028 0 Td (8 )Tj 0.931 0 Td ( )Tj 2.156 0 Td ( )Tj 1.431 0 Td (0.4 )Tj 2.083 0 Td ( )Tj 2.156 0 Td ( )Tj 3.028 0 Td (9 )Tj 0.931 0 Td ( )Tj 2.156 0 Td ( )Tj 1.431 0 Td (0.3 )Tj 1 0 0 1 40 735.2336 Tm ( )Tj 250.338 0 Td ( )Tj 70.806 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 5.391 0 Td ( )Tj 60.222 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 10.413 0 Td ( )Tj 70.806 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 5.391 0 Td ( )Tj 60.222 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 12.5 0 0 12.5 55 708.5705 Tm (Total)Tj 18.827 0 Td ( )Tj 2.156 1.2 Td (US)Tj 0 -1.2 TD ($)Tj 1.278 0 Td (2,097 )Tj 2.681 0 Td ( )Tj 2.156 0 Td ( )Tj 0.431 0 Td (100.0% )Tj 5.239 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (2,710 )Tj 2.681 0 Td ( )Tj 2.156 0 Td ( )Tj 0.431 0 Td (100.0%)Tj 1 0 0 1 40 703.0336 Tm ( )Tj 250.338 0 Td ( )Tj 70.806 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 5.391 0 Td ( )Tj 60.222 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 10.413 0 Td ( )Tj 70.806 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 5.391 0 Td ( )Tj 60.222 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 3.75 0 0 3.75 10 677.9511 Tm ( )Tj 12.5 0 0 12.5 10 665.8705 Tm (\(1\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (Preliminary data.)Tj 3.75 0 0 3.75 10 658.4511 Tm ( )Tj 12.5 0 0 12.5 10 646.3705 Tm (\(2\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (European Free Trade Association.)Tj /TT1 1 Tf -1.84 -1.803 Td (Source)Tj /TT0 1 Tf (: Banco Central. )Tj 22.055 -2.72 Td (S-13 )Tj ET 0.5 0.5 0.5 rg 10 557.665 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(24 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 675 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /WebCaptureBG BMC /WebCaptureFN <>BDC q 0 18 595 806 re W* n /Artifact <>BDC Q 93.974 450.342 m 478.583 450.342 l 478.583 451.342 l 93.974 451.342 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 499.415 450.342 m 569.955 450.342 l 569.955 451.342 l 499.415 451.342 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 93.974 437.342 m 147.449 437.342 l 147.449 438.342 l 93.974 438.342 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 168.861 437.342 m 219.211 437.342 l 219.211 438.342 l 168.861 438.342 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 248.012 437.342 m 307.737 437.342 l 307.737 438.342 l 248.012 438.342 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 338.301 437.342 m 398.026 437.342 l 398.026 438.342 l 338.301 438.342 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 418.858 437.342 m 478.583 437.342 l 478.583 438.342 l 418.858 438.342 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 499.415 437.342 m 569.955 437.342 l 569.955 438.342 l 499.415 438.342 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 362.342 78.188 75 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 88.188 362.342 5.787 75 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 93.974 362.342 15.975 75 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 109.949 362.342 37.5 75 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 147.449 362.342 15.625 75 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 163.074 362.342 5.787 75 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 168.861 362.342 22.225 75 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 191.086 362.342 28.125 75 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 219.211 362.342 23.014 75 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 242.225 362.342 5.787 75 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 248.012 362.342 22.225 75 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 270.237 362.342 37.5 75 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 307.737 362.342 24.777 75 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 332.514 362.342 5.787 75 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 338.301 362.342 22.225 75 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 360.526 362.342 37.5 75 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 398.026 362.342 15.045 75 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 413.071 362.342 5.787 75 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 418.858 362.342 22.225 75 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 441.083 362.342 37.5 75 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 478.583 362.342 15.045 75 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 493.628 362.342 5.787 75 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 499.415 362.342 24.027 75 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 523.443 362.342 46.512 75 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 569.955 362.342 15.045 75 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 93.974 347.342 m 147.449 347.342 l 147.449 346.342 l 93.974 346.342 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 168.861 347.342 m 219.211 347.342 l 219.211 346.342 l 168.861 346.342 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 248.012 347.342 m 307.737 347.342 l 307.737 346.342 l 248.012 346.342 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 338.301 347.342 m 398.026 347.342 l 398.026 346.342 l 338.301 346.342 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 418.858 347.342 m 478.583 347.342 l 478.583 346.342 l 418.858 346.342 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 499.415 347.342 m 569.955 347.342 l 569.955 346.342 l 499.415 346.342 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 315.142 78.188 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 88.188 315.142 5.787 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 93.974 315.142 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 109.949 315.142 37.5 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 147.449 315.142 15.625 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 163.074 315.142 5.787 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 168.861 315.142 22.225 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 191.086 315.142 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 219.211 315.142 23.014 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 242.225 315.142 5.787 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 248.012 315.142 22.225 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 270.237 315.142 37.5 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 307.737 315.142 24.777 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 332.514 315.142 5.787 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 338.301 315.142 22.225 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 360.526 315.142 37.5 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 398.026 315.142 15.045 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 413.071 315.142 5.787 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 418.858 315.142 22.225 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 441.083 315.142 37.5 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 478.583 315.142 15.045 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 493.628 315.142 5.787 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 499.415 315.142 24.027 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 523.443 315.142 46.512 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 569.955 315.142 15.045 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 93.974 315.142 m 147.449 315.142 l 147.449 314.142 l 93.974 314.142 l h f 93.974 313.142 m 147.449 313.142 l 147.449 312.142 l 93.974 312.142 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 168.861 315.142 m 219.211 315.142 l 219.211 314.142 l 168.861 314.142 l h f 168.861 313.142 m 219.211 313.142 l 219.211 312.142 l 168.861 312.142 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 248.012 315.142 m 307.737 315.142 l 307.737 314.142 l 248.012 314.142 l h f 248.012 313.142 m 307.737 313.142 l 307.737 312.142 l 248.012 312.142 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 338.301 315.142 m 398.026 315.142 l 398.026 314.142 l 338.301 314.142 l h f 338.301 313.142 m 398.026 313.142 l 398.026 312.142 l 338.301 312.142 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 418.858 315.142 m 478.583 315.142 l 478.583 314.142 l 418.858 314.142 l h f 418.858 313.142 m 478.583 313.142 l 478.583 312.142 l 418.858 312.142 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 499.415 315.142 m 569.955 315.142 l 569.955 314.142 l 499.415 314.142 l h f 499.415 313.142 m 569.955 313.142 l 569.955 312.142 l 499.415 312.142 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 93.974 220.942 m 147.449 220.942 l 147.449 219.942 l 93.974 219.942 l h f 93.974 218.942 m 147.449 218.942 l 147.449 217.942 l 93.974 217.942 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 168.861 220.942 m 219.211 220.942 l 219.211 219.942 l 168.861 219.942 l h f 168.861 218.942 m 219.211 218.942 l 219.211 217.942 l 168.861 217.942 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 248.012 220.942 m 307.737 220.942 l 307.737 219.942 l 248.012 219.942 l h f 248.012 218.942 m 307.737 218.942 l 307.737 217.942 l 248.012 217.942 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 338.301 220.942 m 398.026 220.942 l 398.026 219.942 l 338.301 219.942 l h f 338.301 218.942 m 398.026 218.942 l 398.026 217.942 l 338.301 217.942 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 418.858 220.942 m 478.583 220.942 l 478.583 219.942 l 418.858 219.942 l h f 418.858 218.942 m 478.583 218.942 l 478.583 217.942 l 418.858 217.942 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 499.415 220.942 m 569.955 220.942 l 569.955 219.942 l 499.415 219.942 l h f 499.415 218.942 m 569.955 218.942 l 569.955 217.942 l 499.415 217.942 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 156.742 78.188 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 88.188 156.742 5.787 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 93.974 156.742 15.975 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 109.949 156.742 37.5 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 147.449 156.742 15.625 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 163.074 156.742 5.787 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 168.861 156.742 22.225 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 191.086 156.742 28.125 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 219.211 156.742 23.014 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 242.225 156.742 5.787 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 248.012 156.742 22.225 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 270.237 156.742 37.5 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 307.737 156.742 24.777 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 332.514 156.742 5.787 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 338.301 156.742 22.225 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 360.526 156.742 37.5 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 398.026 156.742 15.045 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 413.071 156.742 5.787 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 418.858 156.742 22.225 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 441.083 156.742 37.5 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 478.583 156.742 15.045 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 493.628 156.742 5.787 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 499.415 156.742 24.027 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 523.443 156.742 46.512 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 569.955 156.742 15.045 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 10 136.742 m 113.5 136.742 l 113.5 135.742 l 10 135.742 l h f EMC EMC EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 749.6082 Tm ( )Tj /TT1 1 Tf (Services Trade)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( Gross tourism receipts totaled US$362 million for the six months en\ ded June 30, 2006 compared to US)Tj 0 -1.2 TD ($381 million for the same period in 2005. The number of tourist arrivals\ during the six months ended June 30, )Tj 0 -1.2 TD (2006 totaled approximately one million, a decline of approximately 5% wi\ th respect to the same period in 2005. )Tj T* (In terms of country of origin, the number of tourists from Argentina dec\ lined during the first six months of 2006, )Tj T* (evidencing the adverse impact of the interruption of international traff\ ic caused by Argentine demonstrators )Tj T* (opposing the construction of two pulp mills in the Fray Bentos region. T\ he decline in Argentine tourists was )Tj 0 -1.2 TD (partially offset by an increase in the number of tourists arriving from \ non-neighboring countries. )Tj /TT2 1 Tf 0 -2.403 TD (Monetary and Financial System)Tj /TT0 1 Tf ( )Tj 0 -1.804 TD ( )Tj /TT1 1 Tf (Liquidity and Credit Aggregates)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( The following table sets forth the composition of Uruguay\222s mone\ tary base \(expressed in terms of Banco )Tj 0 -1.2 TD (Central\222s monetary liabilities\) and international reserve assets as \ of the dates indicated. )Tj /TT2 1 Tf 8.414 -3.003 Td (Monetary Base and Banco Central\222s International Reserve Assets)Tj 10.625 0 0 10.625 464.7838 509.4705 Tm ( \(1\))Tj /TT0 1 Tf 12.5 0 0 12.5 479.8288 509.4705 Tm ( )Tj -18.628 -1.197 Td (\(in millions of US$\) )Tj -18.958 -1.2 Td ( )Tj 6.255 0 Td ( )Tj 0.463 0 Td ( )Tj 1.278 0 Td ( )Tj 3 0 Td ( )Tj 1.25 0 Td ( )Tj 0.463 0 Td ( )Tj 1.778 0 Td ( )Tj 2.25 0 Td ( )Tj 1.841 0 Td ( )Tj 0.463 0 Td ( )Tj 1.778 0 Td ( )Tj 3 0 Td ( )Tj 1.982 0 Td ( )Tj 0.463 0 Td ( )Tj 1.778 0 Td ( )Tj 3 0 Td ( )Tj 1.204 0 Td ( )Tj 0.463 0 Td ( )Tj 1.778 0 Td ( )Tj 3 0 Td ( )Tj 1.204 0 Td ( )Tj 0.463 0 Td ( )Tj 1.922 0 Td ( )Tj 3.721 0 Td ( )Tj 10 0 0 10 10 466.678 Tm ( )Tj 7.819 0 Td ( )Tj 0.579 0 Td ( )Tj 1.597 0 Td ( )Tj 3.75 0 Td ( )Tj 1.562 0 Td ( )Tj 0.579 0 Td ( )Tj 2.222 0 Td ( )Tj 2.813 0 Td ( )Tj 2.301 0 Td ( )Tj 0.579 0 Td ( )Tj 2.223 0 Td ( )Tj 3.75 0 Td ( )Tj 2.478 0 Td ( )Tj 0.579 0 Td ( )Tj 2.222 0 Td ( )Tj 3.75 0 Td ( )Tj 1.504 0 Td ( )Tj 0.579 0 Td ( )Tj 2.223 0 Td ( )Tj 3.75 0 Td ( )Tj 1.504 0 Td ( )Tj /TT2 1 Tf 0.579 -0.003 Td (As of September)Tj /TT0 1 Tf 7.054 0.003 Td ( )Tj -55.996 -1.3 Td ( )Tj 7.819 0 Td ( )Tj /TT2 1 Tf 15.672 0.097 Td (As of December 31,)Tj /TT0 1 Tf 23.368 -0.097 Td ( )Tj 1.504 0 Td ( )Tj /TT2 1 Tf 3.481 0.097 Td (30,)Tj /TT0 1 Tf 4.152 -0.097 Td ( )Tj -55.996 -1.3 Td ( )Tj 7.819 0 Td ( )Tj /TT2 1 Tf 2.252 0.097 Td (2001)Tj /TT0 1 Tf 3.674 -0.097 Td ( )Tj 1.562 0 Td ( )Tj /TT2 1 Tf 2.096 0.097 Td (2002)Tj /TT0 1 Tf 3.517 -0.097 Td ( )Tj 2.301 0 Td ( )Tj /TT2 1 Tf 2.565 0.097 Td (2003)Tj /TT0 1 Tf 3.986 -0.097 Td ( )Tj 2.478 0 Td ( )Tj /TT2 1 Tf 2.565 0.097 Td (2004)Tj /TT0 1 Tf 3.986 -0.097 Td ( )Tj 1.504 0 Td ( )Tj /TT2 1 Tf 2.565 0.097 Td (2005)Tj /TT0 1 Tf 3.986 -0.097 Td ( )Tj 1.504 0 Td ( )Tj /TT2 1 Tf 3.106 0.097 Td (2006)Tj /TT0 1 Tf 4.527 -0.097 Td ( )Tj 12.5 0 0 12.5 25 426.5121 Tm (Currency, )Tj 0 -1.2 TD (including )Tj T* (cash in )Tj 0 -1.2 TD (vaults at )Tj 0 -1.2 TD (banks)Tj 5.055 0 Td ( )Tj 0.463 1.2 Td (US)Tj T* ($)Tj 2.028 0 Td (639.8 )Tj 3.5 0 Td ( )Tj 0.463 0 Td (US$367.7 )Tj 5.869 0 Td ( )Tj 0.463 0 Td (US$)Tj 2.528 0 Td (417.9 )Tj 4.232 0 Td ( )Tj 0.463 0 Td (US$)Tj 2.528 0 Td (537.8 )Tj 3.454 0 Td ( )Tj 0.463 0 Td (US$)Tj 2.528 0 Td (717.2 )Tj 3.454 0 Td ( )Tj 0.463 0 Td (US$)Tj 3.393 0 Td (710.0 )Tj -41.346 -1.2 Td (Others)Tj 5.055 0 Td ( )Tj 0.463 0 Td ( )Tj 2.528 0 Td (43.5 )Tj 3 0 Td ( )Tj 0.463 0 Td ( )Tj 2.278 0 Td (70.5 )Tj 3.591 0 Td ( )Tj 0.463 0 Td ( )Tj 3.028 0 Td (70.4 )Tj 3.732 0 Td ( )Tj 0.463 0 Td ( )Tj 3.028 0 Td (62.9 )Tj 2.954 0 Td ( )Tj 0.463 0 Td ( )Tj 2.528 0 Td (303.1 )Tj 3.454 0 Td ( )Tj 0.463 0 Td ( )Tj 3.393 0 Td (201.1 )Tj 1 0 0 1 25 345.9753 Tm ( )Tj 63.188 0 Td ( )Tj 59.012 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 15.625 0 Td ( )Tj 55.887 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 23.014 0 Td ( )Tj 65.262 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 24.777 0 Td ( )Tj 65.262 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 15.045 0 Td ( )Tj 65.262 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 15.045 0 Td ( )Tj 76.077 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 12.5 0 0 12.5 25 334.3121 Tm (Monetary )Tj 0 -1.2 TD (Base)Tj 5.055 0 Td ( )Tj 0.463 1.2 Td (US)Tj T* ($)Tj 2.028 0 Td (683.3 )Tj 3.5 0 Td ( )Tj 0.463 0 Td (US$438.2 )Tj 5.869 0 Td ( )Tj 0.463 0 Td (US$)Tj 2.528 0 Td (488.3 )Tj 4.232 0 Td ( )Tj 0.463 0 Td (US$)Tj 2.528 0 Td (600.7 )Tj 3.454 0 Td ( )Tj 0.463 0 Td (US$1,020.3 )Tj 5.982 0 Td ( )Tj 0.463 0 Td (US$)Tj 3.393 0 Td (911.1 )Tj 1 0 0 1 25 312.7753 Tm ( )Tj 63.188 0 Td ( )Tj 59.012 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 15.625 0 Td ( )Tj 55.887 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 23.014 0 Td ( )Tj 65.262 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 24.777 0 Td ( )Tj 65.262 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 15.045 0 Td ( )Tj 65.262 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 15.045 0 Td ( )Tj 76.077 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 12.5 0 0 12.5 25 300.1121 Tm ( )Tj 5.055 0 Td ( )Tj 0.463 0 Td ( )Tj 1.278 0 Td ( )Tj 3 0 Td ( )Tj 1.25 0 Td ( )Tj 0.463 0 Td ( )Tj 1.778 0 Td ( )Tj 2.25 0 Td ( )Tj 1.841 0 Td ( )Tj 0.463 0 Td ( )Tj 1.778 0 Td ( )Tj 3 0 Td ( )Tj 1.982 0 Td ( )Tj 0.463 0 Td ( )Tj 1.778 0 Td ( )Tj 3 0 Td ( )Tj 1.204 0 Td ( )Tj 0.463 0 Td ( )Tj 1.778 0 Td ( )Tj 3 0 Td ( )Tj 1.204 0 Td ( )Tj 0.463 0 Td ( )Tj 1.922 0 Td ( )Tj 3.721 0 Td ( )Tj -43.596 -1.2 Td (Banco )Tj T* (Central )Tj 0 -1.2 TD (international )Tj 0 -1.2 TD (reserve )Tj T* (assets)Tj 5.055 0 Td ( )Tj 0.463 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (3,100.0 )Tj 4.713 0 Td (US$772.0)Tj 10.625 0 0 10.625 219.2112 224.4865 Tm (\(3\) )Tj 12.5 0 0 12.5 242.225 225.1121 Tm ( )Tj 0.463 0 Td (US$2,086.7)Tj 10.625 0 0 10.625 307.7369 224.4865 Tm (\(3\)\(4\))Tj 12.5 0 0 12.5 332.5144 225.1121 Tm ( )Tj 0.463 0 Td (US$2,511.8)Tj 10.625 0 0 10.625 398.0262 224.4865 Tm (\(5\) )Tj 12.5 0 0 12.5 413.0712 225.1121 Tm ( )Tj 0.463 0 Td (US$3,078.4)Tj 10.625 0 0 10.625 478.5831 224.4865 Tm (\(6\) )Tj 12.5 0 0 12.5 493.6281 225.1121 Tm ( )Tj 0.463 0 Td (US$)Tj 2.643 0 Td (3,210.8)Tj 10.625 0 0 10.625 569.955 224.4865 Tm (\(7\) )Tj 1 0 0 1 25 218.5753 Tm ( )Tj 63.188 0 Td ( )Tj 59.012 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 15.625 0 Td ( )Tj 55.887 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 23.014 0 Td ( )Tj 65.262 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 24.777 0 Td ( )Tj 65.262 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 15.045 0 Td ( )Tj 65.262 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 15.045 0 Td ( )Tj 76.077 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 12.5 0 0 12.5 25 205.9121 Tm ( )Tj 5.055 0 Td ( )Tj 0.463 0 Td ( )Tj 1.278 0 Td ( )Tj 3 0 Td ( )Tj 1.25 0 Td ( )Tj 0.463 0 Td ( )Tj 1.778 0 Td ( )Tj 2.25 0 Td ( )Tj 1.841 0 Td ( )Tj 0.463 0 Td ( )Tj 1.778 0 Td ( )Tj 3 0 Td ( )Tj 1.982 0 Td ( )Tj 0.463 0 Td ( )Tj 1.778 0 Td ( )Tj 3 0 Td ( )Tj 1.204 0 Td ( )Tj 0.463 0 Td ( )Tj 1.778 0 Td ( )Tj 3 0 Td ( )Tj 1.204 0 Td ( )Tj 0.463 0 Td ( )Tj 1.922 0 Td ( )Tj 3.721 0 Td ( )Tj -43.596 -1.2 Td (Of which )Tj 0 -1.2 TD (gold )Tj 0 -1.2 TD (represents)Tj 5.055 0 Td ( )Tj 0.463 1.2 Td (US)Tj 0 -1.2 TD ($)Tj 3.028 0 Td (2.3 )Tj 2.5 0 Td ( )Tj 0.463 0 Td (US$)Tj 2.778 0 Td (2.9 )Tj 3.091 0 Td ( )Tj 0.463 0 Td (US$)Tj 3.528 0 Td (3.5 )Tj 3.232 0 Td ( )Tj 0.463 0 Td (US$)Tj 3.528 0 Td (3.6 )Tj 2.454 0 Td ( )Tj 0.463 0 Td (US$)Tj 3.528 0 Td (4.4 )Tj 2.454 0 Td ( )Tj 0.463 0 Td (US$)Tj 4.393 0 Td (5.1 )Tj 3.75 0 0 3.75 10 132.4928 Tm ( )Tj 12.5 0 0 12.5 10 120.4121 Tm (\(1\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (All figures are at market value as of the date indicated.)Tj 3.75 0 0 3.75 10 112.9928 Tm ( )Tj 12.5 0 0 12.5 10 100.9121 Tm (\(2\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (Preliminary data.)Tj 3.75 0 0 3.75 10 93.4928 Tm ( )Tj 12.5 0 0 12.5 10 81.4121 Tm (\(3\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (This amount does not include US$507.5 million held by the FESB at Decemb\ er 31, 2002 and US)Tj 0 -1.2 TD ($224.1 million at December 31, 2003.)Tj 3.75 0 0 3.75 10 58.9928 Tm ( )Tj ET EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(25 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 676 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n BT /TT0 1 Tf 12.5 0 0 12.5 10 805.1705 Tm (\(4\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (This amount includes US$1,044.4 million of reserves and voluntary deposi\ ts of the Uruguayan banking )Tj 0 -1.2 TD (system, including US$495.2 million of Banco de la Rep\372blica, with Ban\ co Central.)Tj 3.75 0 0 3.75 10 782.7511 Tm ( )Tj 12.5 0 0 12.5 10 770.6705 Tm (\(5\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (This amount includes US$1,625.5 million of reserves and voluntary deposi\ ts of the Uruguayan banking )Tj T* (system, including US$724.6 million of Banco de la Rep\372blica, with Ban\ co Central.)Tj 3.75 0 0 3.75 10 748.2511 Tm ( )Tj 12.5 0 0 12.5 10 736.1705 Tm (\(6\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (This amount includes US$1,649.6 million of reserves and voluntary deposi\ ts of the Uruguayan banking )Tj T* (system, including US$752.7 million of Banco de la Rep\372blica, with Ban\ co Central.)Tj 3.75 0 0 3.75 10 713.7511 Tm ( )Tj 12.5 0 0 12.5 10 701.6705 Tm (\(7\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (This amount includes US$1,625.0 million of reserves and voluntary deposi\ ts of the Uruguayan banking )Tj T* (system, including US$742.6 million of Banco de la Rep\372blica, with Ban\ co Central.)Tj 20.215 -2.72 Td (S-14 )Tj ET 0.5 0.5 0.5 rg 10 620.5 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(26 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 677 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /WebCaptureBG BMC /WebCaptureFN <>BDC q 0 18 595 806 re W* n /Artifact <>BDC Q 161.394 649.992 m 211.607 649.992 l 211.607 650.992 l 161.394 650.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 234.546 649.992 m 288.921 649.992 l 288.921 650.992 l 234.546 650.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 311.86 649.992 m 366.235 649.992 l 366.235 650.992 l 311.86 650.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 389.174 649.992 m 439.387 649.992 l 439.387 650.992 l 389.174 650.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 462.326 649.992 m 511.727 649.992 l 511.727 650.992 l 462.326 650.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 534.665 649.992 m 585 649.992 l 585 650.992 l 534.665 650.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 634.992 128.456 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 138.456 634.992 22.939 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 161.394 634.992 13.763 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 175.157 634.992 21.875 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 197.032 634.992 14.575 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 211.607 634.992 22.939 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 234.546 634.992 13.763 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 248.309 634.992 26.038 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 274.346 634.992 14.575 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 288.921 634.992 22.939 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 311.86 634.992 13.763 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 325.623 634.992 26.038 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 351.66 634.992 14.575 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 366.235 634.992 22.939 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 389.174 634.992 13.763 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 402.937 634.992 21.875 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 424.812 634.992 14.575 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 439.387 634.992 22.939 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 462.326 634.992 13.763 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 476.089 634.992 21.875 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 497.964 634.992 13.763 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 511.727 634.992 22.939 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 534.665 634.992 13.763 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 548.428 634.992 22.809 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 571.237 634.992 13.763 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 574.992 128.456 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 138.456 574.992 22.939 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 161.394 574.992 13.763 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 175.157 574.992 21.875 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 197.032 574.992 14.575 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 211.607 574.992 22.939 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 234.546 574.992 13.763 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 248.309 574.992 26.038 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 274.346 574.992 14.575 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 288.921 574.992 22.939 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 311.86 574.992 13.763 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 325.623 574.992 26.038 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 351.66 574.992 14.575 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 366.235 574.992 22.939 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 389.174 574.992 13.763 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 402.937 574.992 21.875 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 424.812 574.992 14.575 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 439.387 574.992 22.939 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 462.326 574.992 13.763 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 476.089 574.992 21.875 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 497.964 574.992 13.763 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 511.727 574.992 22.939 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 534.665 574.992 13.763 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 548.428 574.992 22.809 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 571.237 574.992 13.763 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 10 524.992 m 113.5 524.992 l 113.5 523.992 l 10 523.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 114.973 330.992 m 500.417 330.992 l 500.417 331.992 l 114.973 331.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 515.953 330.992 m 585 330.992 l 585 331.992 l 515.953 331.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 114.973 317.992 m 184.02 317.992 l 184.02 318.992 l 114.973 318.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 199.556 317.992 m 262.353 317.992 l 262.353 318.992 l 199.556 318.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 277.889 317.992 m 343.752 317.992 l 343.752 318.992 l 277.889 318.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 359.288 317.992 m 422.085 317.992 l 422.085 318.992 l 359.288 318.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 437.621 317.992 m 500.417 317.992 l 500.417 318.992 l 437.621 318.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 515.953 317.992 m 585 317.992 l 585 318.992 l 515.953 318.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 272.992 89.438 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 99.438 272.992 15.536 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 114.973 272.992 15.975 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 130.948 272.992 43.75 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 174.698 272.992 9.322 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 184.02 272.992 15.536 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 199.556 272.992 15.975 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 215.531 272.992 37.5 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 253.031 272.992 9.322 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 262.353 272.992 15.536 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 277.889 272.992 15.975 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 293.864 272.992 37.5 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 331.364 272.992 12.389 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 343.752 272.992 15.536 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 359.288 272.992 15.975 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 375.263 272.992 37.5 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 412.763 272.992 9.322 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 422.085 272.992 15.536 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 437.621 272.992 15.975 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 453.596 272.992 37.5 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 491.096 272.992 9.322 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 500.417 272.992 15.536 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 515.953 272.992 15.975 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 531.928 272.992 43.75 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 575.678 272.992 9.322 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 182.992 89.438 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 99.438 182.992 15.536 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 114.973 182.992 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 130.948 182.992 43.75 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 174.698 182.992 9.322 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 184.02 182.992 15.536 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 199.556 182.992 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 215.531 182.992 37.5 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 253.031 182.992 9.322 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 262.353 182.992 15.536 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 277.889 182.992 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 293.864 182.992 37.5 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 331.364 182.992 12.389 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 343.752 182.992 15.536 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 359.288 182.992 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 375.263 182.992 37.5 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 412.763 182.992 9.322 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 422.085 182.992 15.536 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 437.621 182.992 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 453.596 182.992 37.5 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 491.096 182.992 9.322 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 500.417 182.992 15.536 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 515.953 182.992 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 531.928 182.992 43.75 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 575.678 182.992 9.322 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 152.992 89.438 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 99.438 152.992 15.536 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 114.973 152.992 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 130.948 152.992 43.75 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 174.698 152.992 9.322 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 184.02 152.992 15.536 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 199.556 152.992 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 215.531 152.992 37.5 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 253.031 152.992 9.322 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 262.353 152.992 15.536 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 277.889 152.992 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 293.864 152.992 37.5 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 331.364 152.992 12.389 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 343.752 152.992 15.536 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 359.288 152.992 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 375.263 152.992 37.5 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 412.763 152.992 9.322 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 422.085 152.992 15.536 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 437.621 152.992 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 453.596 152.992 37.5 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 491.096 152.992 9.322 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 500.417 152.992 15.536 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 515.953 152.992 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 531.928 152.992 43.75 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 575.678 152.992 9.322 15 re f EMC EMC EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 749.6628 Tm ( The following tables show selected monetary indicators and liquidit\ y and credit aggregates for the periods )Tj 0 -1.2 TD (indicated. )Tj /TT1 1 Tf 16.695 -3.003 Td (Selected Monetary Indicators)Tj /TT0 1 Tf ( )Tj -4.372 -1.197 Td (\(percentage change based on peso-denominated data\) )Tj -12.323 -1.2 Td ( )Tj 10.276 0 Td ( )Tj 1.835 0 Td ( )Tj 1.101 0 Td ( )Tj 1.75 0 Td ( )Tj 1.166 0 Td ( )Tj 1.835 0 Td ( )Tj 1.101 0 Td ( )Tj 2.083 0 Td ( )Tj 1.166 0 Td ( )Tj 1.835 0 Td ( )Tj 1.101 0 Td ( )Tj 2.083 0 Td ( )Tj 1.166 0 Td ( )Tj 1.835 0 Td ( )Tj 1.101 0 Td ( )Tj 1.75 0 Td ( )Tj 1.166 0 Td ( )Tj 1.835 0 Td ( )Tj 1.101 0 Td ( )Tj 1.75 0 Td ( )Tj 1.101 0 Td ( )Tj 1.835 0 Td ( )Tj 1.101 0 Td ( )Tj 1.825 0 Td ( )Tj 10 0 0 10 10 653.3287 Tm ( )Tj 12.846 0 Td ( )Tj /TT1 1 Tf 3.805 0.097 Td (2001)Tj /TT0 1 Tf 3.511 -0.097 Td ( )Tj /TT1 1 Tf 4.013 0.097 Td (2002)Tj /TT0 1 Tf 3.719 -0.097 Td ( )Tj /TT1 1 Tf 4.013 0.097 Td (2003)Tj /TT0 1 Tf 3.719 -0.097 Td ( )Tj /TT1 1 Tf 3.805 0.097 Td (2004)Tj /TT0 1 Tf 3.511 -0.097 Td ( )Tj /TT1 1 Tf 3.764 0.097 Td (2005)Tj /TT0 1 Tf 3.47 -0.097 Td ( )Tj /TT1 1 Tf 2.713 0.097 Td (2006)Tj /TT0 1 Tf 8.5 0 0 8.5 558.8591 654.2954 Tm (\(1\) \(4\))Tj 12.5 0 0 12.5 25 639.1628 Tm (M1 \(% change\) )Tj 10.625 0 0 10.625 105.875 639.1628 Tm (\(2\))Tj 12.5 0 0 12.5 138.4556 639.1628 Tm ( )Tj 2.686 0 Td ( )Tj 0.417 0 Td (\(2.6\)% )Tj 5.435 0 Td ( )Tj 1.083 0 Td (0.6%)Tj 2.416 0 Td ( )Tj 2.686 0 Td ( )Tj 0.583 0 Td (34.4%)Tj 2.916 0 Td ( )Tj 2.686 0 Td ( 14.2%)Tj 3.166 0 Td ( )Tj 2.686 0 Td ( 34.0%)Tj 3.101 0 Td ( )Tj 2.686 0 Td ( )Tj 0.325 0 Td (35.2%)Tj -41.949 -1.2 Td (M2 \(% change\) )Tj 10.625 0 0 10.625 105.875 624.1628 Tm (\(3\))Tj 12.5 0 0 12.5 138.4556 624.1628 Tm ( )Tj 2.686 0 Td ( )Tj 0.417 0 Td (\(0.8\)% )Tj 5.435 0 Td ( )Tj 0.75 0 Td (\(7.9\)% )Tj 5.435 0 Td ( )Tj 0.583 0 Td (29.4%)Tj 2.916 0 Td ( )Tj 2.686 0 Td ( 13.5%)Tj 3.166 0 Td ( )Tj 2.686 0 Td ( 27.2%)Tj 3.101 0 Td ( )Tj 2.686 0 Td ( )Tj 0.325 0 Td (34.5%)Tj -41.949 -1.2 Td (Credit from the )Tj T* (financial system \(% )Tj 0 -1.2 TD (change\))Tj 9.076 0 Td ( )Tj 2.686 0 Td ( )Tj 0.417 0 Td (\(1.6\)% )Tj 5.435 0 Td ( \(18.9\)% )Tj 6.185 0 Td ( \(12.4\)% )Tj 6.185 0 Td ( )Tj 0.417 0 Td (\(3.4\)% )Tj 5.435 0 Td ( 10.5%)Tj 3.101 0 Td ( )Tj 2.686 0 Td ( )Tj 0.325 0 Td (16.1%)Tj -41.949 -1.2 Td (Average annual peso )Tj 0 -1.2 TD (deposit rate)Tj 9.076 0 Td ( )Tj 2.686 0 Td ( 20.8%)Tj 3.166 0 Td ( )Tj 2.686 0 Td ( )Tj 0.583 0 Td (66.9%)Tj 2.916 0 Td ( )Tj 2.686 0 Td ( )Tj 0.583 0 Td (25.5%)Tj 2.916 0 Td ( )Tj 2.686 0 Td ( )Tj 0.75 0 Td (6.1%)Tj 2.416 0 Td ( )Tj 2.686 0 Td ( )Tj 0.75 0 Td (2.7%)Tj 2.351 0 Td ( )Tj 2.686 0 Td ( )Tj 0.825 0 Td (2.1%)Tj 3.75 0 0 3.75 10 520.7435 Tm ( )Tj 12.5 0 0 12.5 10 508.6628 Tm (\(1\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (Preliminary data.)Tj 3.75 0 0 3.75 10 501.2435 Tm ( )Tj 12.5 0 0 12.5 10 489.1628 Tm (\(2\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (Currency in circulation plus peso-denominated demand deposits.)Tj 3.75 0 0 3.75 10 481.7435 Tm ( )Tj 12.5 0 0 12.5 10 469.6628 Tm (\(3\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (M1 plus peso-denominated savings deposits.)Tj 3.75 0 0 3.75 10 462.2435 Tm ( )Tj 12.5 0 0 12.5 10 450.1628 Tm (\(4\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (For the 12 months ended July 31, 2006.)Tj -1.84 -1.8 Td (Source: Boletin Estadistico and Banco Central )Tj /TT1 1 Tf 16.041 -3.003 Td (Liquidity and Credit Aggregates)Tj /TT0 1 Tf ( )Tj 2.917 -1.197 Td (\(in millions of US$\) )Tj -18.958 -1.2 Td ( )Tj 7.155 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td ( )Tj 3.5 0 Td ( )Tj 0.746 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td ( )Tj 3 0 Td ( )Tj 0.746 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td ( )Tj 3 0 Td ( )Tj 0.991 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td ( )Tj 3 0 Td ( )Tj 0.746 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td ( )Tj 3 0 Td ( )Tj 0.746 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td ( )Tj 3.5 0 Td ( )Tj 10 0 0 10 10 347.3287 Tm ( )Tj 8.944 0 Td ( )Tj 1.554 0 Td ( )Tj 1.597 0 Td ( )Tj 4.375 0 Td ( )Tj 0.932 0 Td ( )Tj 1.554 0 Td ( )Tj 1.597 0 Td ( )Tj 3.75 0 Td ( )Tj 0.932 0 Td ( )Tj 1.554 0 Td ( )Tj 1.597 0 Td ( )Tj 3.75 0 Td ( )Tj 1.239 0 Td ( )Tj 1.554 0 Td ( )Tj 1.597 0 Td ( )Tj 3.75 0 Td ( )Tj 0.932 0 Td ( )Tj 1.554 0 Td ( )Tj 1.597 0 Td ( )Tj 3.75 0 Td ( )Tj 0.932 0 Td ( )Tj /TT1 1 Tf 3.909 -0.003 Td (As of)Tj /TT0 1 Tf -52.951 -1.297 Td ( )Tj 8.944 0 Td ( )Tj /TT1 1 Tf 16.688 0.097 Td (As of December 31,)Tj /TT0 1 Tf 23.41 -0.097 Td ( )Tj /TT1 1 Tf 3.339 0.097 Td (July 31,)Tj /TT0 1 Tf -52.381 -1.397 Td ( )Tj 8.944 0 Td ( )Tj /TT1 1 Tf 4.006 0.097 Td (2001)Tj /TT0 1 Tf 4.452 -0.097 Td ( )Tj /TT1 1 Tf 3.693 0.097 Td (2002)Tj /TT0 1 Tf 4.14 -0.097 Td ( )Tj /TT1 1 Tf 3.847 0.097 Td (2003)Tj /TT0 1 Tf 4.293 -0.097 Td ( )Tj /TT1 1 Tf 3.693 0.097 Td (2004)Tj /TT0 1 Tf 4.14 -0.097 Td ( )Tj /TT1 1 Tf 3.693 0.097 Td (2005)Tj /TT0 1 Tf 4.14 -0.097 Td ( )Tj /TT1 1 Tf 3.51 0.097 Td (2006)Tj 8.5 0 0 8.5 555.5212 322.2954 Tm (\(1\))Tj /TT0 1 Tf 12.5 0 0 12.5 25 307.1628 Tm (Liquidity )Tj 0 -1.2 TD (aggregates \(at )Tj T* (period end\):)Tj 5.955 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td ( )Tj 3.5 0 Td ( )Tj 0.746 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td ( )Tj 3 0 Td ( )Tj 0.746 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td ( )Tj 3 0 Td ( )Tj 0.991 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td ( )Tj 3 0 Td ( )Tj 0.746 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td ( )Tj 3 0 Td ( )Tj 0.746 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td ( )Tj 3.5 0 Td ( )Tj -42.854 -1.2 Td (Currency, )Tj 0 -1.2 TD (excluding )Tj T* (cash in )Tj T* (vaults at )Tj T* (banks)Tj 4.755 0 Td ( )Tj 1.243 1.2 Td (US)Tj 0.778 -1.2 Td ($)Tj 1.75 0 Td (477.7 )Tj 2.996 0 Td ( )Tj 1.243 1.2 Td (US)Tj 0.778 -1.2 Td ($)Tj 1.25 0 Td (282.0 )Tj 2.996 0 Td ( )Tj 1.243 1.2 Td (US)Tj 0.778 -1.2 Td ($)Tj 1.25 0 Td (322.2 )Tj 3.241 0 Td ( )Tj 1.243 1.2 Td (US)Tj 0.778 -1.2 Td ($)Tj 1.25 0 Td (410.0 )Tj 2.996 0 Td ( )Tj 1.243 1.2 Td (US)Tj 0.778 -1.2 Td ($)Tj 1.25 0 Td (552.5 )Tj 2.996 0 Td ( )Tj 1.243 1.2 Td (US)Tj 0.778 -1.2 Td ($)Tj 1.75 0 Td (507.9 )Tj -40.604 -1.2 Td (M1 )Tj 10.625 0 0 10.625 60.4875 187.1628 Tm (\(2\))Tj 12.5 0 0 12.5 99.4375 187.1628 Tm ( )Tj 1.243 0 Td ( )Tj 1.778 0 Td (1,177.9 )Tj 3.746 0 Td ( )Tj 1.243 0 Td ( )Tj 2.028 0 Td (643.1 )Tj 2.996 0 Td ( )Tj 1.243 0 Td ( )Tj 2.028 0 Td (802.2 )Tj 3.241 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td (1,018.8 )Tj 3.746 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td (1,492.7 )Tj 3.746 0 Td ( )Tj 1.243 0 Td ( )Tj 1.778 0 Td (1,574.3 )Tj -39.854 -1.2 Td (M2)Tj 10.625 0 0 10.625 57.3625 172.1628 Tm (\(3\))Tj 12.5 0 0 12.5 99.4375 172.1628 Tm ( )Tj 1.243 0 Td ( )Tj 1.778 0 Td (1,737.0 )Tj 3.746 0 Td ( )Tj 1.243 0 Td ( )Tj 2.028 0 Td (868.5 )Tj 2.996 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td (1,043.0 )Tj 3.991 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td (1,316.9 )Tj 3.746 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td (1,831.3 )Tj 3.746 0 Td ( )Tj 1.243 0 Td ( )Tj 1.778 0 Td (1,993.1 )Tj -39.854 -1.2 Td (M3)Tj 10.625 0 0 10.625 57.3625 157.1628 Tm (\(4\))Tj 12.5 0 0 12.5 99.4375 157.1628 Tm ( )Tj 1.243 0 Td ( )Tj 1.778 0 Td (9,174.9 )Tj 3.746 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td (6,309.3 )Tj 3.746 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td (6,733.0 )Tj 3.991 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td (7,255.0 )Tj 3.746 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td (7,927.9 )Tj 3.746 0 Td ( )Tj 1.243 0 Td ( )Tj 1.778 0 Td (8,452.5 )Tj -41.054 -1.2 Td ( )Tj 5.955 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td ( )Tj 3.5 0 Td ( )Tj 0.746 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td ( )Tj 3 0 Td ( )Tj 0.746 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td ( )Tj 3 0 Td ( )Tj 0.991 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td ( )Tj 3 0 Td ( )Tj 0.746 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td ( )Tj 3 0 Td ( )Tj 0.746 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td ( )Tj 3.5 0 Td ( )Tj -44.054 -1.2 Td (Credit )Tj 0 -1.2 TD (aggregates \(at )Tj 0 -1.2 TD (period end\):)Tj 5.955 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td ( )Tj 3.5 0 Td ( )Tj 0.746 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td ( )Tj 3 0 Td ( )Tj 0.746 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td ( )Tj 3 0 Td ( )Tj 0.991 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td ( )Tj 3 0 Td ( )Tj 0.746 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td ( )Tj 3 0 Td ( )Tj 0.746 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td ( )Tj 3.5 0 Td ( )Tj ET EMC /Artifact <>BDC Q 0 0 0 rg BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(27 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 678 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /WebCaptureBG BMC /WebCaptureFN <>BDC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 756 89.438 60 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 99.438 756 15.536 60 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 114.973 756 15.975 60 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 130.948 756 43.75 60 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 174.698 756 9.322 60 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 184.02 756 15.536 60 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 199.556 756 15.975 60 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 215.531 756 37.5 60 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 253.031 756 9.322 60 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 262.353 756 15.536 60 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 277.889 756 15.975 60 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 293.864 756 37.5 60 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 331.364 756 12.389 60 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 343.752 756 15.536 60 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 359.288 756 15.975 60 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 375.263 756 37.5 60 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 412.763 756 9.322 60 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 422.085 756 15.536 60 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 437.621 756 15.975 60 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 453.596 756 37.5 60 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 491.096 756 9.322 60 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 500.417 756 15.536 60 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 515.953 756 15.975 60 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 531.928 756 43.75 60 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 575.678 756 9.322 60 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 130.948 711 m 174.698 711 l 174.698 710 l 130.948 710 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 215.531 711 m 253.031 711 l 253.031 710 l 215.531 710 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 293.864 711 m 331.364 711 l 331.364 710 l 293.864 710 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 375.263 711 m 412.763 711 l 412.763 710 l 375.263 710 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 453.596 711 m 491.096 711 l 491.096 710 l 453.596 710 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 531.928 711 m 575.678 711 l 575.678 710 l 531.928 710 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 663.8 89.438 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 99.438 663.8 15.536 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 114.973 663.8 15.975 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 130.948 663.8 43.75 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 174.698 663.8 9.322 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 184.02 663.8 15.536 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 199.556 663.8 15.975 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 215.531 663.8 37.5 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 253.031 663.8 9.322 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 262.353 663.8 15.536 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 277.889 663.8 15.975 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 293.864 663.8 37.5 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 331.364 663.8 12.389 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 343.752 663.8 15.536 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 359.288 663.8 15.975 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 375.263 663.8 37.5 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 412.763 663.8 9.322 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 422.085 663.8 15.536 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 437.621 663.8 15.975 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 453.596 663.8 37.5 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 491.096 663.8 9.322 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 500.417 663.8 15.536 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 515.953 663.8 15.975 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 531.928 663.8 43.75 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 575.678 663.8 9.322 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 130.948 663.8 m 174.698 663.8 l 174.698 662.8 l 130.948 662.8 l h f 130.948 661.8 m 174.698 661.8 l 174.698 660.8 l 130.948 660.8 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 215.531 663.8 m 253.031 663.8 l 253.031 662.8 l 215.531 662.8 l h f 215.531 661.8 m 253.031 661.8 l 253.031 660.8 l 215.531 660.8 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 293.864 663.8 m 331.364 663.8 l 331.364 662.8 l 293.864 662.8 l h f 293.864 661.8 m 331.364 661.8 l 331.364 660.8 l 293.864 660.8 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 375.263 663.8 m 412.763 663.8 l 412.763 662.8 l 375.263 662.8 l h f 375.263 661.8 m 412.763 661.8 l 412.763 660.8 l 375.263 660.8 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 453.596 663.8 m 491.096 663.8 l 491.096 662.8 l 453.596 662.8 l h f 453.596 661.8 m 491.096 661.8 l 491.096 660.8 l 453.596 660.8 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 531.928 663.8 m 575.678 663.8 l 575.678 662.8 l 531.928 662.8 l h f 531.928 661.8 m 575.678 661.8 l 575.678 660.8 l 531.928 660.8 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 584.6 89.438 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 99.438 584.6 15.536 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 114.973 584.6 15.975 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 130.948 584.6 43.75 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 174.698 584.6 9.322 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 184.02 584.6 15.536 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 199.556 584.6 15.975 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 215.531 584.6 37.5 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 253.031 584.6 9.322 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 262.353 584.6 15.536 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 277.889 584.6 15.975 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 293.864 584.6 37.5 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 331.364 584.6 12.389 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 343.752 584.6 15.536 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 359.288 584.6 15.975 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 375.263 584.6 37.5 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 412.763 584.6 9.322 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 422.085 584.6 15.536 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 437.621 584.6 15.975 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 453.596 584.6 37.5 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 491.096 584.6 9.322 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 500.417 584.6 15.536 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 515.953 584.6 15.975 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 531.928 584.6 43.75 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 575.678 584.6 9.322 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 130.948 539.6 m 174.698 539.6 l 174.698 538.6 l 130.948 538.6 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 215.531 539.6 m 253.031 539.6 l 253.031 538.6 l 215.531 538.6 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 293.864 539.6 m 331.364 539.6 l 331.364 538.6 l 293.864 538.6 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 375.263 539.6 m 412.763 539.6 l 412.763 538.6 l 375.263 538.6 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 453.596 539.6 m 491.096 539.6 l 491.096 538.6 l 453.596 538.6 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 531.928 539.6 m 575.678 539.6 l 575.678 538.6 l 531.928 538.6 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 507.4 89.438 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 99.438 507.4 15.536 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 114.973 507.4 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 130.948 507.4 43.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 174.698 507.4 9.322 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 184.02 507.4 15.536 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 199.556 507.4 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 215.531 507.4 37.5 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 253.031 507.4 9.322 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 262.353 507.4 15.536 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 277.889 507.4 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 293.864 507.4 37.5 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 331.364 507.4 12.389 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 343.752 507.4 15.536 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 359.288 507.4 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 375.263 507.4 37.5 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 412.763 507.4 9.322 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 422.085 507.4 15.536 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 437.621 507.4 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 453.596 507.4 37.5 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 491.096 507.4 9.322 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 500.417 507.4 15.536 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 515.953 507.4 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 531.928 507.4 43.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 575.678 507.4 9.322 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 130.948 507.4 m 174.698 507.4 l 174.698 506.4 l 130.948 506.4 l h f 130.948 505.4 m 174.698 505.4 l 174.698 504.4 l 130.948 504.4 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 215.531 507.4 m 253.031 507.4 l 253.031 506.4 l 215.531 506.4 l h f 215.531 505.4 m 253.031 505.4 l 253.031 504.4 l 215.531 504.4 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 293.864 507.4 m 331.364 507.4 l 331.364 506.4 l 293.864 506.4 l h f 293.864 505.4 m 331.364 505.4 l 331.364 504.4 l 293.864 504.4 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 375.263 507.4 m 412.763 507.4 l 412.763 506.4 l 375.263 506.4 l h f 375.263 505.4 m 412.763 505.4 l 412.763 504.4 l 375.263 504.4 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 453.596 507.4 m 491.096 507.4 l 491.096 506.4 l 453.596 506.4 l h f 453.596 505.4 m 491.096 505.4 l 491.096 504.4 l 453.596 504.4 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 531.928 507.4 m 575.678 507.4 l 575.678 506.4 l 531.928 506.4 l h f 531.928 505.4 m 575.678 505.4 l 575.678 504.4 l 531.928 504.4 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 130.948 443.2 m 174.698 443.2 l 174.698 442.2 l 130.948 442.2 l h f 130.948 441.2 m 174.698 441.2 l 174.698 440.2 l 130.948 440.2 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 215.531 443.2 m 253.031 443.2 l 253.031 442.2 l 215.531 442.2 l h f 215.531 441.2 m 253.031 441.2 l 253.031 440.2 l 215.531 440.2 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 293.864 443.2 m 331.364 443.2 l 331.364 442.2 l 293.864 442.2 l h f 293.864 441.2 m 331.364 441.2 l 331.364 440.2 l 293.864 440.2 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 375.263 443.2 m 412.763 443.2 l 412.763 442.2 l 375.263 442.2 l h f 375.263 441.2 m 412.763 441.2 l 412.763 440.2 l 375.263 440.2 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 453.596 443.2 m 491.096 443.2 l 491.096 442.2 l 453.596 442.2 l h f 453.596 441.2 m 491.096 441.2 l 491.096 440.2 l 453.596 440.2 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 531.928 443.2 m 575.678 443.2 l 575.678 442.2 l 531.928 442.2 l h f 531.928 441.2 m 575.678 441.2 l 575.678 440.2 l 531.928 440.2 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 419 m 113.5 419 l 113.5 418 l 10 418 l h f EMC EMC EMC /Article <>BDC q 0 18 595 806 re W* n BT /TT0 1 Tf 12.5 0 0 12.5 40 805.1705 Tm (Resident )Tj 0 -1.2 TD (private )Tj T* (sector )Tj 0 -1.2 TD (credit)Tj 4.755 0 Td ( )Tj 1.243 0 Td ( )Tj 1.778 0 Td (8,859.0 )Tj 3.746 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td (6,215.8 )Tj 3.746 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td (4,414.6 )Tj 3.991 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td (4,218.0 )Tj 3.746 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td (4,407.8 )Tj 3.746 0 Td ( )Tj 1.243 0 Td ( )Tj 1.778 0 Td (4,509.3 )Tj -39.854 -1.2 Td (Public )Tj 0 -1.2 TD (sector )Tj T* (credit)Tj 4.755 0 Td ( )Tj 1.243 0 Td ( )Tj 1.778 0 Td (1,368.8 )Tj 3.746 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td (1,009.8 )Tj 3.746 0 Td ( )Tj 1.243 0 Td ( )Tj 2.028 0 Td (360.9 )Tj 3.241 0 Td ( )Tj 1.243 0 Td ( )Tj 2.028 0 Td (632.4 )Tj 2.996 0 Td ( )Tj 1.243 0 Td ( )Tj 2.028 0 Td (302.8 )Tj 2.996 0 Td ( )Tj 1.243 0 Td ( )Tj 2.528 0 Td (443.2 )Tj 1 0 0 1 40 709.6336 Tm ( )Tj 59.438 0 Td ( )Tj 15.536 0 Td ( )Tj 59.475 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 9.322 0 Td ( )Tj 15.536 0 Td ( )Tj 53.225 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 9.322 0 Td ( )Tj 15.536 0 Td ( )Tj 53.225 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 12.389 0 Td ( )Tj 15.536 0 Td ( )Tj 53.225 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 9.322 0 Td ( )Tj 15.536 0 Td ( )Tj 53.225 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 9.322 0 Td ( )Tj 15.536 0 Td ( )Tj 59.475 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 12.5 0 0 12.5 40 697.9705 Tm (Total )Tj 0 -1.2 TD (sector )Tj T* (credit)Tj 4.755 0 Td ( )Tj 1.243 1.2 Td (US)Tj 0.778 -1.2 Td ($10,227.8 )Tj 4.746 0 Td ( )Tj 1.243 1.2 Td (US)Tj 0.778 -1.2 Td ($7,225.5 )Tj 4.246 0 Td ( )Tj 1.243 1.2 Td (US)Tj 0.778 -1.2 Td ($4,775.4 )Tj 4.491 0 Td ( )Tj 1.243 1.2 Td (US)Tj 0.778 -1.2 Td ($4,850.4 )Tj 4.246 0 Td ( )Tj 1.243 1.2 Td (US)Tj 0.778 -1.2 Td ($4,710.6 )Tj 4.246 0 Td ( )Tj 1.243 1.2 Td (US)Tj 0.778 -1.2 Td ($)Tj 1 0 Td (4,952.5 )Tj 1 0 0 1 40 661.4336 Tm ( )Tj 59.438 0 Td ( )Tj 15.536 0 Td ( )Tj 59.475 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 9.322 0 Td ( )Tj 15.536 0 Td ( )Tj 53.225 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 9.322 0 Td ( )Tj 15.536 0 Td ( )Tj 53.225 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 12.389 0 Td ( )Tj 15.536 0 Td ( )Tj 53.225 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 9.322 0 Td ( )Tj 15.536 0 Td ( )Tj 53.225 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 9.322 0 Td ( )Tj 15.536 0 Td ( )Tj 59.475 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 12.5 0 0 12.5 25 648.7705 Tm ( )Tj 5.955 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td ( )Tj 3.5 0 Td ( )Tj 0.746 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td ( )Tj 3 0 Td ( )Tj 0.746 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td ( )Tj 3 0 Td ( )Tj 0.991 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td ( )Tj 3 0 Td ( )Tj 0.746 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td ( )Tj 3 0 Td ( )Tj 0.746 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td ( )Tj 3.5 0 Td ( )Tj -44.054 -1.2 Td (Deposits:)Tj 5.955 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td ( )Tj 3.5 0 Td ( )Tj 0.746 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td ( )Tj 3 0 Td ( )Tj 0.746 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td ( )Tj 3 0 Td ( )Tj 0.991 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td ( )Tj 3 0 Td ( )Tj 0.746 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td ( )Tj 3 0 Td ( )Tj 0.746 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td ( )Tj 3.5 0 Td ( )Tj -42.854 -1.2 Td (Uruguayan )Tj 0 -1.2 TD (pesos )Tj 0 -1.2 TD (deposits)Tj 4.755 0 Td ( )Tj 1.243 1.2 Td (US)Tj 0.778 -1.2 Td ($)Tj 1 0 Td (1,259.3 )Tj 3.746 0 Td ( )Tj 1.243 1.2 Td (US)Tj 0.778 -1.2 Td ($)Tj 1.25 0 Td (586.5 )Tj 2.996 0 Td ( )Tj 1.243 1.2 Td (US)Tj 0.778 -1.2 Td ($)Tj 1.25 0 Td (720.8 )Tj 3.241 0 Td ( )Tj 1.243 1.2 Td (US)Tj 0.778 -1.2 Td ($)Tj 1.25 0 Td (906.9 )Tj 2.996 0 Td ( )Tj 1.243 1.2 Td (US)Tj 0.778 -1.2 Td ($1,278.8 )Tj 4.246 0 Td ( )Tj 1.243 1.2 Td (US)Tj 0.778 -1.2 Td ($)Tj 1 0 Td (1,485.2 )Tj -39.854 -1.2 Td (Foreign-)Tj T* (currency )Tj T* (deposits)Tj 4.755 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td (13,994.6 )Tj 4.246 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td (7,756.4 )Tj 3.746 0 Td ( )Tj 2.271 0 Td ( 7,914.0)Tj 10.625 0 0 10.625 331.3636 543.1449 Tm (\(5\))Tj 12.5 0 0 12.5 343.7523 543.7705 Tm ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td (8,428.4 )Tj 3.746 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td (8,392.8 )Tj 3.746 0 Td ( )Tj 1.243 0 Td ( )Tj 1.778 0 Td (8,857.0 )Tj 1 0 0 1 40 538.2336 Tm ( )Tj 59.438 0 Td ( )Tj 15.536 0 Td ( )Tj 59.475 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 9.322 0 Td ( )Tj 15.536 0 Td ( )Tj 53.225 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 9.322 0 Td ( )Tj 15.536 0 Td ( )Tj 53.225 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 12.389 0 Td ( )Tj 15.536 0 Td ( )Tj 53.225 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 9.322 0 Td ( )Tj 15.536 0 Td ( )Tj 53.225 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 9.322 0 Td ( )Tj 15.536 0 Td ( )Tj 59.475 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 12.5 0 0 12.5 55 526.5705 Tm (Total )Tj 0 -1.2 TD (deposits)Tj 3.555 0 Td ( )Tj 1.243 1.2 Td (US)Tj 0.778 -1.2 Td ($15,253.9 )Tj 4.746 0 Td ( )Tj 1.243 1.2 Td (US)Tj 0.778 -1.2 Td ($8,342.9 )Tj 4.246 0 Td ( )Tj 1.243 1.2 Td (US)Tj 0.778 -1.2 Td ($8,634.8 )Tj 4.491 0 Td ( )Tj 1.243 1.2 Td (US)Tj 0.778 -1.2 Td ($9,335.3 )Tj 4.246 0 Td ( )Tj 1.243 1.2 Td (US)Tj 0.778 -1.2 Td ($9,671.5 )Tj 4.246 0 Td ( )Tj 1.243 1.2 Td (US)Tj 0.778 -1.2 Td ($10,342.2 )Tj 1 0 0 1 40 505.0336 Tm ( )Tj 59.438 0 Td ( )Tj 15.536 0 Td ( )Tj 59.475 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 9.322 0 Td ( )Tj 15.536 0 Td ( )Tj 53.225 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 9.322 0 Td ( )Tj 15.536 0 Td ( )Tj 53.225 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 12.389 0 Td ( )Tj 15.536 0 Td ( )Tj 53.225 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 9.322 0 Td ( )Tj 15.536 0 Td ( )Tj 53.225 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 9.322 0 Td ( )Tj 15.536 0 Td ( )Tj 59.475 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 12.5 0 0 12.5 25 492.3705 Tm ( )Tj 5.955 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td ( )Tj 3.5 0 Td ( )Tj 0.746 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td ( )Tj 3 0 Td ( )Tj 0.746 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td ( )Tj 3 0 Td ( )Tj 0.991 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td ( )Tj 3 0 Td ( )Tj 0.746 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td ( )Tj 3 0 Td ( )Tj 0.746 0 Td ( )Tj 1.243 0 Td ( )Tj 1.278 0 Td ( )Tj 3.5 0 Td ( )Tj -41.654 -1.2 Td (Deposits )Tj T* (of non-)Tj 0 -1.2 TD (residents )Tj 4.798 1.2 Td (US)Tj 0.778 -1.2 Td ($)Tj 1 0 Td (6,556.6 )Tj 3.746 0 Td ( )Tj 1.243 1.2 Td (US)Tj 0.778 -1.2 Td ($2,315.6 )Tj 4.246 0 Td ( )Tj 1.243 1.2 Td (US)Tj 0.778 -1.2 Td ($2,224.0 )Tj 4.491 0 Td ( )Tj 1.243 1.2 Td (US)Tj 0.778 -1.2 Td ($2,490.3 )Tj 4.246 0 Td ( )Tj 1.243 1.2 Td (US)Tj 0.778 -1.2 Td ($2,296.1 )Tj 4.246 0 Td ( )Tj 1.243 1.2 Td (US)Tj 0.778 -1.2 Td ($)Tj 1 0 Td (2,397.6 )Tj 1 0 0 1 40 440.8336 Tm ( )Tj 59.438 0 Td ( )Tj 15.536 0 Td ( )Tj 59.475 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 9.322 0 Td ( )Tj 15.536 0 Td ( )Tj 53.225 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 9.322 0 Td ( )Tj 15.536 0 Td ( )Tj 53.225 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 12.389 0 Td ( )Tj 15.536 0 Td ( )Tj 53.225 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 9.322 0 Td ( )Tj 15.536 0 Td ( )Tj 53.225 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 9.322 0 Td ( )Tj 15.536 0 Td ( )Tj 59.475 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 3.75 0 0 3.75 10 414.7511 Tm ( )Tj 12.5 0 0 12.5 10 402.6705 Tm (\(1\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (Preliminary data.)Tj 3.75 0 0 3.75 10 395.2511 Tm ( )Tj 12.5 0 0 12.5 10 383.1705 Tm (\(2\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (Currency in circulation plus peso-denominated demand deposits.)Tj 3.75 0 0 3.75 10 375.7511 Tm ( )Tj 12.5 0 0 12.5 10 363.6705 Tm (\(3\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (M1 plus peso-denominated savings deposits.)Tj 3.75 0 0 3.75 10 356.2511 Tm ( )Tj 12.5 0 0 12.5 10 344.1705 Tm (\(4\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (M2 plus deposits of residents in foreign currency, principally U.S. doll\ ars.)Tj 3.75 0 0 3.75 10 336.7511 Tm ( )Tj 12.5 0 0 12.5 10 324.6705 Tm (\(5\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (Of which approximately US$1,678 million \(based on November 30, 2003 inf\ ormation\) comprise time )Tj 0 -1.2 TD (deposits with Banco de la Rep\372blica with maturities rescheduled pursu\ ant to Law 17,523 of August 4, 2002.)Tj -1.84 -1.8 Td (Source: Banco Central )Tj 22.055 -2.72 Td (S-15 )Tj ET 0.5 0.5 0.5 rg 10 221 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(28 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 679 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /WebCaptureBG BMC /WebCaptureFN <>BDC q 0 18 595 806 re W* n /Artifact <>BDC Q 442.922 645.396 m 585 645.396 l 585 646.396 l 442.922 646.396 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 442.922 620.396 m 500.599 620.396 l 500.599 621.396 l 442.922 621.396 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 527.323 620.396 m 585 620.396 l 585 621.396 l 527.323 621.396 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 605.396 406.198 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 416.198 605.396 26.724 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 442.922 605.396 16.034 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 458.956 605.396 25.609 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 484.565 605.396 16.034 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 500.599 605.396 26.724 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 527.323 605.396 16.034 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 543.357 605.396 25.609 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 568.966 605.396 16.034 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 575.396 406.198 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 416.198 575.396 26.724 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 442.922 575.396 16.034 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 458.956 575.396 25.609 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 484.565 575.396 16.034 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 500.599 575.396 26.724 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 527.323 575.396 16.034 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 543.357 575.396 25.609 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 568.966 575.396 16.034 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 545.396 406.198 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 416.198 545.396 26.724 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 442.922 545.396 16.034 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 458.956 545.396 25.609 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 484.565 545.396 16.034 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 500.599 545.396 26.724 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 527.323 545.396 16.034 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 543.357 545.396 25.609 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 568.966 545.396 16.034 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 10 510.396 m 113.5 510.396 l 113.5 509.396 l 10 509.396 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 269.087 319.3 m 330.735 319.3 l 330.735 320.3 l 269.087 320.3 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 353.462 319.3 m 415.109 319.3 l 415.109 320.3 l 353.462 320.3 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 437.836 319.3 m 499.484 319.3 l 499.484 320.3 l 437.836 320.3 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 522.21 319.3 m 585 319.3 l 585 320.3 l 522.21 320.3 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 304.3 236.361 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 246.361 304.3 22.727 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 269.087 304.3 13.636 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 282.724 304.3 34.375 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 317.099 304.3 13.636 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 330.735 304.3 22.727 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 353.462 304.3 13.636 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 367.098 304.3 34.375 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 401.473 304.3 13.636 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 415.109 304.3 22.727 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 437.836 304.3 13.636 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 451.472 304.3 34.375 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 485.847 304.3 13.636 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 499.484 304.3 22.727 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 522.21 304.3 13.636 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 535.847 304.3 35.517 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 571.364 304.3 13.636 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 274.3 236.361 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 246.361 274.3 22.727 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 269.087 274.3 13.636 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 282.724 274.3 34.375 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 317.099 274.3 13.636 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 330.735 274.3 22.727 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 353.462 274.3 13.636 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 367.098 274.3 34.375 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 401.473 274.3 13.636 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 415.109 274.3 22.727 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 437.836 274.3 13.636 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 451.472 274.3 34.375 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 485.847 274.3 13.636 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 499.484 274.3 22.727 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 522.21 274.3 13.636 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 535.847 274.3 35.517 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 571.364 274.3 13.636 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 244.3 236.361 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 246.361 244.3 22.727 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 269.087 244.3 13.636 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 282.724 244.3 34.375 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 317.099 244.3 13.636 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 330.735 244.3 22.727 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 353.462 244.3 13.636 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 367.098 244.3 34.375 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 401.473 244.3 13.636 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 415.109 244.3 22.727 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 437.836 244.3 13.636 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 451.472 244.3 34.375 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 485.847 244.3 13.636 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 499.484 244.3 22.727 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 522.21 244.3 13.636 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 535.847 244.3 35.517 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 571.364 244.3 13.636 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 10 209.3 m 113.5 209.3 l 113.5 208.3 l 10 208.3 l h f EMC EMC EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 749.6082 Tm ( )Tj /TT1 1 Tf (Inflation)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( The following table shows changes in the CPI and WPI for the p\ eriods indicated. )Tj /TT2 1 Tf 21.138 -3.003 Td (Inflation)Tj /TT0 1 Tf ( )Tj -21.138 -1.2 Td ( )Tj 32.496 0 Td ( )Tj 2.138 0 Td ( )Tj 1.283 0 Td ( )Tj 2.049 0 Td ( )Tj 1.283 0 Td ( )Tj 2.138 0 Td ( )Tj 1.283 0 Td ( )Tj 2.049 0 Td ( )Tj 10 0 0 10 10 661.7325 Tm ( )Tj 40.62 0 Td ( )Tj /TT2 1 Tf 3.208 -0.003 Td (Percent Change from Previous)Tj /TT0 1 Tf -43.828 -1.297 Td ( )Tj 40.62 0 Td ( )Tj /TT2 1 Tf 5.624 0.097 Td (Year at Period End)Tj /TT0 1 Tf -46.244 -1.297 Td ( )Tj 40.62 0 Td ( )Tj /TT2 1 Tf 3.334 -0.003 Td (Consumer)Tj /TT0 1 Tf 5.106 0.003 Td ( )Tj /TT2 1 Tf 3.362 -0.003 Td (Wholesale)Tj /TT0 1 Tf -52.422 -1.297 Td ( )Tj 40.62 0 Td ( )Tj /TT2 1 Tf 4.251 0.097 Td (Prices)Tj /TT0 1 Tf 4.189 -0.097 Td ( )Tj /TT2 1 Tf 4.251 0.097 Td (Prices)Tj /TT0 1 Tf 12.5 0 0 12.5 25 609.5666 Tm (2001)Tj 31.296 0 Td ( )Tj 2.138 0 Td ( )Tj 2.081 0 Td (3.6 )Tj 2.533 0 Td ( )Tj 2.138 0 Td ( )Tj 2.081 0 Td (3.8 )Tj -42.267 -1.2 Td (2002)Tj 31.296 0 Td ( )Tj 2.138 0 Td ( )Tj 1.581 0 Td (25.9 )Tj 3.033 0 Td ( )Tj 2.138 0 Td ( )Tj 1.581 0 Td (64.6 )Tj -41.767 -1.2 Td (2003)Tj 31.296 0 Td ( )Tj 2.138 0 Td ( )Tj 1.581 0 Td (10.2 )Tj 3.033 0 Td ( )Tj 2.138 0 Td ( )Tj 1.581 0 Td (20.5 )Tj -41.767 -1.2 Td (2004)Tj 31.296 0 Td ( )Tj 2.138 0 Td ( )Tj 2.081 0 Td (7.6 )Tj 2.533 0 Td ( )Tj 2.138 0 Td ( )Tj 2.081 0 Td (5.1 )Tj -42.267 -1.2 Td (2005)Tj 31.296 0 Td ( )Tj 2.138 0 Td ( )Tj 2.081 0 Td (4.9 )Tj 2.533 0 Td ( )Tj 3.171 0 Td ( )Tj 0.716 0 Td (\(2.2\))Tj -41.934 -1.2 Td (For the twelve months ended September 30, 2006)Tj 31.296 0 Td ( )Tj 2.138 0 Td ( )Tj 2.081 0 Td (6.6 )Tj 2.533 0 Td ( )Tj 2.138 0 Td ( )Tj 2.081 0 Td (8.3 )Tj 3.75 0 0 3.75 10 506.1473 Tm ( )Tj 12.5 0 0 12.5 10 494.0666 Tm (Source: )Tj 3.515 0 Td (Banco Central and INE)Tj /TT2 1 Tf -3.515 -2.403 Td (Foreign Exchange and International Reserves)Tj /TT0 1 Tf ( )Tj 0 -1.804 TD ( )Tj /TT1 1 Tf (Foreign Exchange)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( The following table shows the high, low, average and period-en\ d peso/U.S. dollar exchange rates for the )Tj 0 -1.2 TD (dates and periods indicated. )Tj /TT2 1 Tf 19.102 -3.003 Td (Exchange Rates)Tj /TT0 1 Tf 10.625 0 0 10.625 333.8369 366.4288 Tm (\(1\))Tj 12.5 0 0 12.5 346.2256 366.4288 Tm ( )Tj -7.12 -1.197 Td (\(pesos per US$\) )Tj -19.778 -1.2 Td ( )Tj 18.909 0 Td ( )Tj 1.818 0 Td ( )Tj 1.091 0 Td ( )Tj 2.75 0 Td ( )Tj 1.091 0 Td ( )Tj 1.818 0 Td ( )Tj 1.091 0 Td ( )Tj 2.75 0 Td ( )Tj 1.091 0 Td ( )Tj 1.818 0 Td ( )Tj 1.091 0 Td ( )Tj 2.75 0 Td ( )Tj 1.091 0 Td ( )Tj 1.818 0 Td ( )Tj 1.091 0 Td ( )Tj 2.841 0 Td ( )Tj 10 0 0 10 10 322.6364 Tm ( )Tj 23.636 0 Td ( )Tj /TT2 1 Tf 4.299 0.097 Td (High)Tj /TT0 1 Tf 4.138 -0.097 Td ( )Tj /TT2 1 Tf 4.411 0.097 Td (Low)Tj /TT0 1 Tf 4.027 -0.097 Td ( )Tj /TT2 1 Tf 3.578 0.097 Td (Average)Tj /TT0 1 Tf 4.859 -0.097 Td ( )Tj /TT2 1 Tf 2.981 0.097 Td (Period End)Tj /TT0 1 Tf 12.5 0 0 12.5 25 308.4705 Tm (2001)Tj 17.709 0 Td ( )Tj 1.818 0 Td ( )Tj 1.091 0 Td (14.768 )Tj 3.841 0 Td ( )Tj 1.818 0 Td ( )Tj 1.091 0 Td (12.495 )Tj 3.841 0 Td ( )Tj 1.818 0 Td ( )Tj 1.091 0 Td (13.317 )Tj 3.841 0 Td ( )Tj 1.818 0 Td ( )Tj 1.182 0 Td (14.768 )Tj -40.959 -1.2 Td (2002)Tj 17.709 0 Td ( )Tj 1.818 0 Td ( )Tj 1.091 0 Td (32.325 )Tj 3.841 0 Td ( )Tj 1.818 0 Td ( )Tj 1.091 0 Td (14.025 )Tj 3.841 0 Td ( )Tj 1.818 0 Td ( )Tj 1.091 0 Td (21.309 )Tj 3.841 0 Td ( )Tj 1.818 0 Td ( )Tj 1.182 0 Td (27.170 )Tj -40.959 -1.2 Td (2003)Tj 17.709 0 Td ( )Tj 1.818 0 Td ( )Tj 1.091 0 Td (29.540 )Tj 3.841 0 Td ( )Tj 1.818 0 Td ( )Tj 1.091 0 Td (26.150 )Tj 3.841 0 Td ( )Tj 1.818 0 Td ( )Tj 1.091 0 Td (28.160 )Tj 3.841 0 Td ( )Tj 1.818 0 Td ( )Tj 1.182 0 Td (29.290 )Tj -40.959 -1.2 Td (2004)Tj 17.709 0 Td ( )Tj 1.818 0 Td ( )Tj 1.091 0 Td (29.810 )Tj 3.841 0 Td ( )Tj 1.818 0 Td ( )Tj 1.091 0 Td (26.010 )Tj 3.841 0 Td ( )Tj 1.818 0 Td ( )Tj 1.091 0 Td (28.645 )Tj 3.841 0 Td ( )Tj 1.818 0 Td ( )Tj 1.182 0 Td (26.380 )Tj -40.959 -1.2 Td (2005)Tj 17.709 0 Td ( )Tj 1.818 0 Td ( )Tj 1.091 0 Td (26.260 )Tj 3.841 0 Td ( )Tj 1.818 0 Td ( )Tj 1.091 0 Td (23.160 )Tj 3.841 0 Td ( )Tj 1.818 0 Td ( )Tj 1.091 0 Td (24.413 )Tj 3.841 0 Td ( )Tj 1.818 0 Td ( )Tj 1.182 0 Td (24.120 )Tj -40.959 -1.2 Td (12 months ended September 30, 2006)Tj 17.709 0 Td ( )Tj 1.818 0 Td ( )Tj 1.091 0 Td (24.360 )Tj 3.841 0 Td ( )Tj 1.818 0 Td ( )Tj 1.091 0 Td (23.160 )Tj 3.841 0 Td ( )Tj 1.818 0 Td ( )Tj 1.091 0 Td (23.884 )Tj 3.841 0 Td ( )Tj 1.818 0 Td ( )Tj 1.182 0 Td (23.860 )Tj 3.75 0 0 3.75 10 205.0511 Tm ( )Tj 12.5 0 0 12.5 10 192.9705 Tm (\(1\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (Daily interbank end-of-day bid rates )Tj /TT3 1 Tf -1.84 -1.803 Td (Source: )Tj /TT0 1 Tf (Banco Central )Tj 22.055 -2.72 Td (S-16 )Tj ET 0.5 0.5 0.5 rg 10 104.265 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(29 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 680 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /WebCaptureBG BMC /WebCaptureFN <>BDC q 0 18 595 806 re W* n /Artifact <>BDC Q 133.363 615.438 m 505.357 615.438 l 505.357 616.438 l 133.363 616.438 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 527.787 615.438 m 581.262 615.438 l 581.262 616.438 l 527.787 616.438 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 133.363 601.411 m 186.838 601.411 l 186.838 602.411 l 133.363 602.411 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 209.268 601.411 m 262.743 601.411 l 262.743 602.411 l 209.268 602.411 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 285.172 601.411 m 344.897 601.411 l 344.897 602.411 l 285.172 602.411 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 375.977 601.411 m 429.452 601.411 l 429.452 602.411 l 375.977 602.411 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 451.882 601.411 m 505.357 601.411 l 505.357 602.411 l 451.882 602.411 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 527.787 601.411 m 581.262 601.411 l 581.262 602.411 l 527.787 602.411 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 571.411 104.672 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 114.672 571.411 18.691 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 133.363 571.411 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 149.338 571.411 37.5 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 186.838 571.411 3.738 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 190.576 571.411 18.691 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 209.268 571.411 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 225.243 571.411 37.5 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 262.743 571.411 3.738 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 266.481 571.411 18.691 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 285.172 571.411 22.225 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 307.397 571.411 37.5 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 344.897 571.411 12.389 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 357.286 571.411 18.691 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 375.977 571.411 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 391.952 571.411 37.5 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 429.452 571.411 3.738 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 433.191 571.411 18.691 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 451.882 571.411 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 467.857 571.411 37.5 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 505.357 571.411 3.738 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 509.095 571.411 18.691 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 527.787 571.411 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 543.762 571.411 37.5 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 581.262 571.411 3.738 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 526.411 104.672 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 114.672 526.411 18.691 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 133.363 526.411 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 149.338 526.411 37.5 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 186.838 526.411 3.738 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 190.576 526.411 18.691 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 209.268 526.411 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 225.243 526.411 37.5 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 262.743 526.411 3.738 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 266.481 526.411 18.691 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 285.172 526.411 22.225 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 307.397 526.411 37.5 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 344.897 526.411 12.389 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 357.286 526.411 18.691 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 375.977 526.411 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 391.952 526.411 37.5 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 429.452 526.411 3.738 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 433.191 526.411 18.691 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 451.882 526.411 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 467.857 526.411 37.5 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 505.357 526.411 3.738 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 509.095 526.411 18.691 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 527.787 526.411 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 543.762 526.411 37.5 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 581.262 526.411 3.738 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 133.363 481.411 m 186.838 481.411 l 186.838 480.411 l 133.363 480.411 l h f 133.363 479.411 m 186.838 479.411 l 186.838 478.411 l 133.363 478.411 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 209.268 481.411 m 262.743 481.411 l 262.743 480.411 l 209.268 480.411 l h f 209.268 479.411 m 262.743 479.411 l 262.743 478.411 l 209.268 478.411 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 285.172 481.411 m 344.897 481.411 l 344.897 480.411 l 285.172 480.411 l h f 285.172 479.411 m 344.897 479.411 l 344.897 478.411 l 285.172 478.411 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 375.977 481.411 m 429.452 481.411 l 429.452 480.411 l 375.977 480.411 l h f 375.977 479.411 m 429.452 479.411 l 429.452 478.411 l 375.977 478.411 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 451.882 481.411 m 505.357 481.411 l 505.357 480.411 l 451.882 480.411 l h f 451.882 479.411 m 505.357 479.411 l 505.357 478.411 l 451.882 478.411 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 527.787 481.411 m 581.262 481.411 l 581.262 480.411 l 527.787 480.411 l h f 527.787 479.411 m 581.262 479.411 l 581.262 478.411 l 527.787 478.411 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 457.211 m 113.5 457.211 l 113.5 456.211 l 10 456.211 l h f EMC EMC EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 749.6082 Tm ( )Tj /TT1 1 Tf (International Reserves)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( The following table shows the composition of the international rese\ rve assets of Uruguay\222s banking system at )Tj 0 -1.2 TD (each of the dates indicated. )Tj /TT2 1 Tf 11.973 -3.003 Td (International Reserve Assets of the Banking System)Tj /TT0 1 Tf ( )Tj 6.985 -1.197 Td (\(in millions of US$\) )Tj -18.958 -1.2 Td ( )Tj 8.374 0 Td ( )Tj 1.495 0 Td ( )Tj 1.278 0 Td ( )Tj 3 0 Td ( )Tj 0.299 0 Td ( )Tj 1.495 0 Td ( )Tj 1.278 0 Td ( )Tj 3 0 Td ( )Tj 0.299 0 Td ( )Tj 1.495 0 Td ( )Tj 1.778 0 Td ( )Tj 3 0 Td ( )Tj 0.991 0 Td ( )Tj 1.495 0 Td ( )Tj 1.278 0 Td ( )Tj 3 0 Td ( )Tj 0.299 0 Td ( )Tj 1.495 0 Td ( )Tj 1.278 0 Td ( )Tj 3 0 Td ( )Tj 0.299 0 Td ( )Tj 1.495 0 Td ( )Tj 1.278 0 Td ( )Tj 3 0 Td ( )Tj 10 0 0 10 10 631.7742 Tm ( )Tj 10.467 0 Td ( )Tj 1.869 0 Td ( )Tj 1.597 0 Td ( )Tj 3.75 0 Td ( )Tj 0.374 0 Td ( )Tj 1.869 0 Td ( )Tj 1.597 0 Td ( )Tj 3.75 0 Td ( )Tj 0.374 0 Td ( )Tj 1.869 0 Td ( )Tj 2.223 0 Td ( )Tj 3.75 0 Td ( )Tj 1.239 0 Td ( )Tj 1.869 0 Td ( )Tj 1.597 0 Td ( )Tj 3.75 0 Td ( )Tj 0.374 0 Td ( )Tj 1.869 0 Td ( )Tj 1.597 0 Td ( )Tj 3.75 0 Td ( )Tj 0.374 0 Td ( )Tj /TT2 1 Tf 3.446 -0.003 Td (As of)Tj /TT0 1 Tf 3.771 0.003 Td ( )Tj -57.126 -1.3 Td ( )Tj 10.467 0 Td ( )Tj /TT2 1 Tf 16.331 0.097 Td (As of December 31,)Tj /TT0 1 Tf 22.737 -0.097 Td ( )Tj 0.374 0 Td ( )Tj /TT2 1 Tf 2.876 0.097 Td (July 31,)Tj /TT0 1 Tf 4.341 -0.097 Td ( )Tj -57.126 -1.403 Td ( )Tj 10.467 0 Td ( )Tj 3.543 0.1 Td (2001)Tj 3.674 -0.1 Td ( )Tj 0.374 0 Td ( )Tj 3.543 0.1 Td (2002)Tj 3.674 -0.1 Td ( )Tj 0.374 0 Td ( )Tj 3.855 0.1 Td (2003)Tj 3.986 -0.1 Td ( )Tj 1.239 0 Td ( )Tj 3.543 0.1 Td (2004)Tj 3.674 -0.1 Td ( )Tj 0.374 0 Td ( )Tj 3.543 0.1 Td (2005)Tj 3.674 -0.1 Td ( )Tj 0.374 0 Td ( )Tj 3.076 0.1 Td (2006)Tj 8 0 0 8 559.8602 608.3069 Tm (\(1\))Tj 10 0 0 10 581.2617 604.7469 Tm ( )Tj 12.5 0 0 12.5 25 575.581 Tm (Banco Central)Tj 7.174 0 Td ( )Tj 1.495 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (3,100.0 )Tj 3.299 0 Td ( )Tj 1.495 1.2 Td (US)Tj T* ($)Tj 2.028 0 Td (772.0 )Tj 2.549 0 Td ( )Tj 1.495 0 Td (US$2,086.7)Tj 10.625 0 0 10.625 344.8973 574.9554 Tm (\(2\))Tj 12.5 0 0 12.5 357.2861 575.581 Tm ( )Tj 1.495 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (2,511.8 )Tj 3.299 0 Td ( )Tj 1.495 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (3,078.4 )Tj 3.299 0 Td ( )Tj 1.495 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (3,521.3 )Tj -41.501 -1.2 Td (Banco de la )Tj T* (Rep\372blica)Tj 7.174 0 Td ( )Tj 1.495 0 Td ( )Tj 2.028 0 Td (632.1 )Tj 2.549 0 Td ( )Tj 1.495 0 Td ( )Tj 2.028 0 Td (294.0 )Tj 2.549 0 Td ( )Tj 1.495 0 Td ( )Tj 2.528 0 Td (912.0 )Tj 3.241 0 Td ( )Tj 1.495 0 Td ( )Tj 1.278 0 Td (1,486.6 )Tj 3.299 0 Td ( )Tj 1.495 0 Td ( )Tj 1.278 0 Td (1,701.2 )Tj 3.299 0 Td ( )Tj 1.495 0 Td ( )Tj 1.278 0 Td (1,861.2 )Tj -41.501 -1.2 Td (Private Banks)Tj 7.174 0 Td ( )Tj 1.495 0 Td ( )Tj 1.278 0 Td (4,549.5 )Tj 3.299 0 Td ( )Tj 1.495 0 Td ( )Tj 1.278 0 Td (2,413.1 )Tj 3.299 0 Td ( )Tj 1.495 0 Td ( )Tj 1.778 0 Td (2,717.2 )Tj 3.991 0 Td ( )Tj 1.495 0 Td ( )Tj 1.278 0 Td (3,217.3 )Tj 3.299 0 Td ( )Tj 1.495 0 Td ( )Tj 1.278 0 Td (3,092.7 )Tj 3.299 0 Td ( )Tj 1.495 0 Td ( )Tj 1.278 0 Td (2,981.7 )Tj -41.501 -1.2 Td ( )Tj 7.174 0 Td ( )Tj 1.495 0 Td ( )Tj 1.278 0 Td ( )Tj 3 0 Td ( )Tj 0.299 0 Td ( )Tj 1.495 0 Td ( )Tj 1.278 0 Td ( )Tj 3 0 Td ( )Tj 0.299 0 Td ( )Tj 1.495 0 Td ( )Tj 1.778 0 Td ( )Tj 3 0 Td ( )Tj 0.991 0 Td ( )Tj 1.495 0 Td ( )Tj 1.278 0 Td ( )Tj 3 0 Td ( )Tj 0.299 0 Td ( )Tj 1.495 0 Td ( )Tj 1.278 0 Td ( )Tj 3 0 Td ( )Tj 0.299 0 Td ( )Tj 1.495 0 Td ( )Tj 1.278 0 Td ( )Tj 3 0 Td ( )Tj -44.501 -1.2 Td (International )Tj 0 -1.2 TD (reserve assets)Tj 7.174 0 Td ( )Tj 1.495 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (8,281.6 )Tj 3.299 0 Td ( )Tj 1.495 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (3,479.1 )Tj 3.299 0 Td ( )Tj 1.495 0 Td (US$5,715.9 )Tj 5.769 0 Td ( )Tj 1.495 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (7,215.8 )Tj 3.299 0 Td ( )Tj 1.495 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (7,872.3 )Tj 3.299 0 Td ( )Tj 1.495 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (8,364.3 )Tj 1 0 0 1 25 479.0441 Tm ( )Tj 89.672 0 Td ( )Tj 71.916 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 3.738 0 Td ( )Tj 71.916 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 3.738 0 Td ( )Tj 78.166 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 12.389 0 Td ( )Tj 71.916 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 3.738 0 Td ( )Tj 71.916 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 3.738 0 Td ( )Tj 71.916 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 3.75 0 0 3.75 10 452.9616 Tm ( )Tj 12.5 0 0 12.5 10 440.881 Tm (\(1\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (Preliminary data.)Tj 3.75 0 0 3.75 10 433.4616 Tm ( )Tj 12.5 0 0 12.5 10 421.381 Tm (\(2\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (This amount does not include US$507.5 million held by the Fondo de Estab\ ilidad del Sistema Bancario or )Tj 0 -1.2 TD (FESB at December 31, 2002 and US$224.1 million at December 31, 2003.)Tj -1.84 -1.8 Td (Source: Banco Central )Tj 0 -1.804 TD ( )Tj /TT1 1 Tf (The Financial Sector)Tj /TT0 1 Tf ( )Tj 0 -1.803 TD ( )Tj /TT3 1 Tf (Prudential Regulation, Supervision and Financial System)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( As of June 30, 2006, new regulations regarding new capital requirem\ ents for market risk and a thorough )Tj 0 -1.2 TD (review of the capital requirements for credit risk became effective. In \ addition, new regulations were issued )Tj T* (regarding loan classification and reserves, changing the assessment of c\ redit quality from a static to a prospective )Tj T* (view and introducing the stress testing of cash flows as a major instrum\ ent for credit evaluation. )Tj 0 -1.803 TD ( )Tj /TT3 1 Tf (The Banking System in 2006)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( During the first semester of 2006, the non-financial private sector\ \222s deposits with the banking system grew and )Tj 0 -1.2 TD (the share of non-performing loans \(NPLs\) on total loans decreased. Dep\ osits \(including deposits in off-shore )Tj T* (banks\) increased by US$599.6 million in the first six months of 2006, t\ o a total of US$9,975.9 million as of )Tj T* (June 30, 2006. Credit extended to the non-financial sector increased by \ US$104.0 million in the same period, to a )Tj T* (total of US$4.320.0 million at June 30, 2006. Solvency ratios of the ban\ king system on average remained stable )Tj T* (above the 8.0% total capital to risk-weighted asset ratio required by Ba\ nco Central. In June 2006, the regulatory )Tj T* (capital of private banks was 2.2 times above the minimum regulatory requ\ irement, while the Banco de la )Tj T* (Rep\372blica Oriental del Uruguay capital was 2.5 times the minimum requ\ irement. Finally, the share of NPLs on )Tj T* (total loans \(based on client payment behavior\) decreased from 6.5% at \ year-end 2005 to 4.6% in June 2006. )Tj /TT2 1 Tf 0 -2.403 TD (Public Sector Finances)Tj /TT0 1 Tf ( )Tj 0 -1.804 TD ( )Tj /TT1 1 Tf (Public Sector Accounts)Tj /TT0 1 Tf ( )Tj ET EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(30 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 681 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n BT /TT0 1 Tf 12.5 0 0 12.5 10 805.1705 Tm ( For the 12 months ended in June 30, 2006, the consolidated public s\ ector \(local governments not included\) had )Tj 0 -1.2 TD (a deficit of US$217 million, which represented 1.2% of GDP. The overall \ primary balance \(local governments not )Tj T* (included\) for this period showed a surplus of 3.2% of GDP. Non-financia\ l public sector enterprises saw their )Tj 0 -1.2 TD (surplus \(and therefore their contribution to the overall public sector \ surplus\) for the 12 months ended June 30, )Tj 0 -1.2 TD (2006 decrease, largely due to the adverse impact of the price of oil on \ ANCAP \(the state-owned refining )Tj T* (company\) and UTE \(the state-owned electric )Tj 22.055 -2.72 Td (S-17 )Tj ET 0.5 0.5 0.5 rg 10 664 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(31 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 682 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /WebCaptureBG BMC /WebCaptureFN <>BDC q 0 18 595 806 re W* n /Artifact <>BDC Q 305.041 597.492 m 417.505 597.492 l 417.505 598.492 l 305.041 598.492 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 457.961 597.492 m 570.425 597.492 l 570.425 598.492 l 457.961 598.492 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 582.492 269.16 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 279.16 582.492 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 305.041 582.492 22.225 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 327.266 582.492 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 355.391 582.492 5.176 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 360.567 582.492 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 386.448 582.492 5.176 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 391.624 582.492 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 417.505 582.492 14.575 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 432.08 582.492 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 457.961 582.492 22.225 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 480.186 582.492 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 508.311 582.492 5.176 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 513.487 582.492 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 539.368 582.492 5.176 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.544 582.492 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 570.425 582.492 14.575 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 552.492 269.16 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 279.16 552.492 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 305.041 552.492 22.225 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 327.266 552.492 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 355.391 552.492 5.176 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 360.567 552.492 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 386.448 552.492 5.176 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 391.624 552.492 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 417.505 552.492 14.575 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 432.08 552.492 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 457.961 552.492 22.225 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 480.186 552.492 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 508.311 552.492 5.176 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 513.487 552.492 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 539.368 552.492 5.176 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.544 552.492 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 570.425 552.492 14.575 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 522.492 269.16 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 279.16 522.492 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 305.041 522.492 22.225 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 327.266 522.492 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 355.391 522.492 5.176 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 360.567 522.492 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 386.448 522.492 5.176 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 391.624 522.492 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 417.505 522.492 14.575 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 432.08 522.492 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 457.961 522.492 22.225 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 480.186 522.492 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 508.311 522.492 5.176 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 513.487 522.492 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 539.368 522.492 5.176 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.544 522.492 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 570.425 522.492 14.575 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 492.492 269.16 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 279.16 492.492 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 305.041 492.492 22.225 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 327.266 492.492 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 355.391 492.492 5.176 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 360.567 492.492 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 386.448 492.492 5.176 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 391.624 492.492 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 417.505 492.492 14.575 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 432.08 492.492 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 457.961 492.492 22.225 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 480.186 492.492 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 508.311 492.492 5.176 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 513.487 492.492 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 539.368 492.492 5.176 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.544 492.492 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 570.425 492.492 14.575 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 305.041 492.492 m 355.391 492.492 l 355.391 491.492 l 305.041 491.492 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 386.448 492.492 m 417.505 492.492 l 417.505 491.492 l 386.448 491.492 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 457.961 492.492 m 508.311 492.492 l 508.311 491.492 l 457.961 491.492 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 539.368 492.492 m 570.425 492.492 l 570.425 491.492 l 539.368 491.492 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 305.041 475.292 m 355.391 475.292 l 355.391 474.292 l 305.041 474.292 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 386.448 475.292 m 417.505 475.292 l 417.505 474.292 l 386.448 474.292 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 457.961 475.292 m 508.311 475.292 l 508.311 474.292 l 457.961 474.292 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 539.368 475.292 m 570.425 475.292 l 570.425 474.292 l 539.368 474.292 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 443.092 269.16 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 279.16 443.092 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 305.041 443.092 22.225 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 327.266 443.092 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 355.391 443.092 5.176 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 360.567 443.092 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 386.448 443.092 5.176 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 391.624 443.092 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 417.505 443.092 14.575 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 432.08 443.092 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 457.961 443.092 22.225 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 480.186 443.092 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 508.311 443.092 5.176 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 513.487 443.092 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 539.368 443.092 5.176 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.544 443.092 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 570.425 443.092 14.575 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 413.092 269.16 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 279.16 413.092 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 305.041 413.092 22.225 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 327.266 413.092 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 355.391 413.092 5.176 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 360.567 413.092 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 386.448 413.092 5.176 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 391.624 413.092 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 417.505 413.092 14.575 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 432.08 413.092 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 457.961 413.092 22.225 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 480.186 413.092 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 508.311 413.092 5.176 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 513.487 413.092 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 539.368 413.092 5.176 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.544 413.092 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 570.425 413.092 14.575 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 383.092 269.16 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 279.16 383.092 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 305.041 383.092 22.225 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 327.266 383.092 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 355.391 383.092 5.176 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 360.567 383.092 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 386.448 383.092 5.176 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 391.624 383.092 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 417.505 383.092 14.575 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 432.08 383.092 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 457.961 383.092 22.225 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 480.186 383.092 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 508.311 383.092 5.176 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 513.487 383.092 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 539.368 383.092 5.176 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.544 383.092 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 570.425 383.092 14.575 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 353.092 269.16 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 279.16 353.092 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 305.041 353.092 22.225 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 327.266 353.092 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 355.391 353.092 5.176 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 360.567 353.092 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 386.448 353.092 5.176 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 391.624 353.092 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 417.505 353.092 14.575 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 432.08 353.092 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 457.961 353.092 22.225 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 480.186 353.092 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 508.311 353.092 5.176 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 513.487 353.092 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 539.368 353.092 5.176 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.544 353.092 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 570.425 353.092 14.575 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 305.041 338.092 m 355.391 338.092 l 355.391 337.092 l 305.041 337.092 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 386.448 338.092 m 417.505 338.092 l 417.505 337.092 l 386.448 337.092 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 457.961 338.092 m 508.311 338.092 l 508.311 337.092 l 457.961 337.092 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 539.368 338.092 m 570.425 338.092 l 570.425 337.092 l 539.368 337.092 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 320.892 269.16 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 279.16 320.892 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 305.041 320.892 22.225 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 327.266 320.892 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 355.391 320.892 5.176 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 360.567 320.892 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 386.448 320.892 5.176 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 391.624 320.892 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 417.505 320.892 14.575 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 432.08 320.892 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 457.961 320.892 22.225 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 480.186 320.892 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 508.311 320.892 5.176 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 513.487 320.892 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 539.368 320.892 5.176 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.544 320.892 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 570.425 320.892 14.575 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 305.041 320.892 m 355.391 320.892 l 355.391 319.892 l 305.041 319.892 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 386.448 320.892 m 417.505 320.892 l 417.505 319.892 l 386.448 319.892 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 457.961 320.892 m 508.311 320.892 l 508.311 319.892 l 457.961 319.892 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 539.368 320.892 m 570.425 320.892 l 570.425 319.892 l 539.368 319.892 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 273.692 269.16 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 279.16 273.692 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 305.041 273.692 22.225 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 327.266 273.692 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 355.391 273.692 5.176 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 360.567 273.692 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 386.448 273.692 5.176 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 391.624 273.692 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 417.505 273.692 14.575 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 432.08 273.692 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 457.961 273.692 22.225 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 480.186 273.692 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 508.311 273.692 5.176 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 513.487 273.692 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 539.368 273.692 5.176 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.544 273.692 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 570.425 273.692 14.575 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 243.692 269.16 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 279.16 243.692 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 305.041 243.692 22.225 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 327.266 243.692 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 355.391 243.692 5.176 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 360.567 243.692 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 386.448 243.692 5.176 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 391.624 243.692 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 417.505 243.692 14.575 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 432.08 243.692 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 457.961 243.692 22.225 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 480.186 243.692 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 508.311 243.692 5.176 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 513.487 243.692 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 539.368 243.692 5.176 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.544 243.692 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 570.425 243.692 14.575 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 305.041 243.692 m 355.391 243.692 l 355.391 242.692 l 305.041 242.692 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 386.448 243.692 m 417.505 243.692 l 417.505 242.692 l 386.448 242.692 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 457.961 243.692 m 508.311 243.692 l 508.311 242.692 l 457.961 242.692 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 539.368 243.692 m 570.425 243.692 l 570.425 242.692 l 539.368 242.692 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 305.041 226.492 m 355.391 226.492 l 355.391 225.492 l 305.041 225.492 l h f 305.041 224.492 m 355.391 224.492 l 355.391 223.492 l 305.041 223.492 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 386.448 226.492 m 417.505 226.492 l 417.505 225.492 l 386.448 225.492 l h f 386.448 224.492 m 417.505 224.492 l 417.505 223.492 l 386.448 223.492 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 457.961 226.492 m 508.311 226.492 l 508.311 225.492 l 457.961 225.492 l h f 457.961 224.492 m 508.311 224.492 l 508.311 223.492 l 457.961 223.492 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 539.368 226.492 m 570.425 226.492 l 570.425 225.492 l 539.368 225.492 l h f 539.368 224.492 m 570.425 224.492 l 570.425 223.492 l 539.368 223.492 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 207.292 269.16 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 279.16 207.292 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 305.041 207.292 22.225 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 327.266 207.292 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 355.391 207.292 5.176 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 360.567 207.292 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 386.448 207.292 5.176 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 391.624 207.292 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 417.505 207.292 14.575 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 432.08 207.292 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 457.961 207.292 22.225 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 480.186 207.292 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 508.311 207.292 5.176 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 513.487 207.292 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 539.368 207.292 5.176 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.544 207.292 25.881 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 570.425 207.292 14.575 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 305.041 207.292 m 355.391 207.292 l 355.391 206.292 l 305.041 206.292 l h f 305.041 205.292 m 355.391 205.292 l 355.391 204.292 l 305.041 204.292 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 386.448 207.292 m 417.505 207.292 l 417.505 206.292 l 386.448 206.292 l h f 386.448 205.292 m 417.505 205.292 l 417.505 204.292 l 386.448 204.292 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 457.961 207.292 m 508.311 207.292 l 508.311 206.292 l 457.961 206.292 l h f 457.961 205.292 m 508.311 205.292 l 508.311 204.292 l 457.961 204.292 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 539.368 207.292 m 570.425 207.292 l 570.425 206.292 l 539.368 206.292 l h f 539.368 205.292 m 570.425 205.292 l 570.425 204.292 l 539.368 204.292 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 305.041 188.092 m 355.391 188.092 l 355.391 187.092 l 305.041 187.092 l h f 305.041 186.092 m 355.391 186.092 l 355.391 185.092 l 305.041 185.092 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 386.448 188.092 m 417.505 188.092 l 417.505 187.092 l 386.448 187.092 l h f 386.448 186.092 m 417.505 186.092 l 417.505 185.092 l 386.448 185.092 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 457.961 188.092 m 508.311 188.092 l 508.311 187.092 l 457.961 187.092 l h f 457.961 186.092 m 508.311 186.092 l 508.311 185.092 l 457.961 185.092 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 539.368 188.092 m 570.425 188.092 l 570.425 187.092 l 539.368 187.092 l h f 539.368 186.092 m 570.425 186.092 l 570.425 185.092 l 539.368 185.092 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 163.892 m 113.5 163.892 l 113.5 162.892 l 10 162.892 l h f EMC EMC EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 749.6628 Tm (company\), which increased oil imports to offset the adverse impact on h\ ydroelectric power generation attributable )Tj 0 -1.2 TD (to the drought that affected the level of Uruguay\222s rivers. For that \ period, local governments generated a surplus )Tj T* (estimated at 0.3% of GDP. )Tj 0 -1.8 TD ( The following table sets forth a summary of public sector accounts \ \(calculated on a cash basis\) for the periods )Tj 0 -1.2 TD (indicated. )Tj /TT1 1 Tf 18.139 -3.003 Td (Public Sector Finances)Tj /TT0 1 Tf ( )Tj -3.25 -1.197 Td (\(in millions of US$ and % of total GDP\) )Tj -14.889 -1.2 Td ( )Tj 21.533 0 Td ( )Tj 2.07 0 Td ( )Tj 1.778 0 Td ( )Tj 2.25 0 Td ( )Tj 0.414 0 Td ( )Tj 2.07 0 Td ( )Tj 0.414 0 Td ( )Tj 2.07 0 Td ( )Tj 1.166 0 Td ( )Tj 2.07 0 Td ( )Tj 1.778 0 Td ( )Tj 2.25 0 Td ( )Tj 0.414 0 Td ( )Tj 2.07 0 Td ( )Tj 0.414 0 Td ( )Tj 2.07 0 Td ( )Tj 10 0 0 10 10 600.8287 Tm ( )Tj 26.916 0 Td ( )Tj /TT1 1 Tf 7.211 0.097 Td (2005)Tj /TT0 1 Tf 6.623 -0.097 Td ( )Tj 1.458 0 Td ( )Tj /TT1 1 Tf 6.961 0.097 Td (2006*)Tj /TT0 1 Tf 6.873 -0.097 Td ( )Tj 12.5 0 0 12.5 25 586.6628 Tm (Revenues:)Tj 20.333 0 Td ( )Tj 2.07 0 Td ( )Tj 1.778 0 Td ( )Tj 2.25 0 Td ( )Tj 0.414 0 Td ( )Tj 2.07 0 Td ( )Tj 0.414 0 Td ( )Tj 2.07 0 Td ( )Tj 1.166 0 Td ( )Tj 2.07 0 Td ( )Tj 1.778 0 Td ( )Tj 2.25 0 Td ( )Tj 0.414 0 Td ( )Tj 2.07 0 Td ( )Tj 0.414 0 Td ( )Tj 2.07 0 Td ( )Tj -42.434 -1.2 Td (Value-added taxes)Tj 19.133 0 Td ( )Tj 2.07 0 Td (US$1,617 )Tj 4.442 0 Td ( )Tj 2.07 0 Td ( )Tj 1.235 0 Td (9.6%)Tj 2.416 0 Td ( )Tj 2.07 0 Td (US$1,778 )Tj 4.442 0 Td ( )Tj 2.07 0 Td ( )Tj 1.235 0 Td (9.7%)Tj -41.184 -1.2 Td (Other taxes on goods & services)Tj 19.133 0 Td ( )Tj 2.07 0 Td ( )Tj 2.528 0 Td (559 )Tj 1.914 0 Td ( )Tj 2.07 0 Td ( )Tj 1.235 0 Td (3.3 )Tj 2.416 0 Td ( )Tj 2.07 0 Td ( )Tj 2.528 0 Td (609 )Tj 1.914 0 Td ( )Tj 2.07 0 Td ( )Tj 1.235 0 Td (3.3 )Tj -41.184 -1.2 Td (Income taxes)Tj 19.133 0 Td ( )Tj 2.07 0 Td ( )Tj 2.528 0 Td (456 )Tj 1.914 0 Td ( )Tj 2.07 0 Td ( )Tj 1.235 0 Td (2.7 )Tj 2.416 0 Td ( )Tj 2.07 0 Td ( )Tj 2.528 0 Td (520 )Tj 1.914 0 Td ( )Tj 2.07 0 Td ( )Tj 1.235 0 Td (2.8 )Tj -41.184 -1.2 Td (Taxes on capital)Tj 19.133 0 Td ( )Tj 2.07 0 Td ( )Tj 2.528 0 Td (240 )Tj 1.914 0 Td ( )Tj 2.07 0 Td ( )Tj 1.235 0 Td (1.4 )Tj 2.416 0 Td ( )Tj 2.07 0 Td ( )Tj 2.528 0 Td (233 )Tj 1.914 0 Td ( )Tj 2.07 0 Td ( )Tj 1.235 0 Td (1.3 )Tj -41.184 -1.2 Td (Foreign trade taxes)Tj 19.133 0 Td ( )Tj 2.07 0 Td ( )Tj 2.528 0 Td (212 )Tj 1.914 0 Td ( )Tj 2.07 0 Td ( )Tj 1.235 0 Td (1.3 )Tj 2.416 0 Td ( )Tj 2.07 0 Td ( )Tj 2.528 0 Td (228 )Tj 1.914 0 Td ( )Tj 2.07 0 Td ( )Tj 1.235 0 Td (1.2 )Tj -41.184 -1.2 Td (Other)Tj 19.133 0 Td ( )Tj 2.07 0 Td ( )Tj 2.528 0 Td (280 )Tj 1.914 0 Td ( )Tj 2.07 0 Td ( )Tj 1.235 0 Td (1.7 )Tj 2.416 0 Td ( )Tj 2.07 0 Td ( )Tj 2.528 0 Td (328 )Tj 1.914 0 Td ( )Tj 2.07 0 Td ( )Tj 1.235 0 Td (1.8 )Tj 1 0 0 1 40 491.1259 Tm ( )Tj 239.16 0 Td ( )Tj 75.981 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 5.176 0 Td ( )Tj 56.688 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 14.575 0 Td ( )Tj 75.981 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 5.176 0 Td ( )Tj 56.688 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 12.5 0 0 12.5 55 479.4628 Tm (Total)Tj 17.933 0 Td ( )Tj 2.07 0 Td ( )Tj 1.778 0 Td (3,365 )Tj 2.664 0 Td ( )Tj 2.07 0 Td ( )Tj 0.735 0 Td (20.0 )Tj 2.916 0 Td ( )Tj 2.07 0 Td ( )Tj 1.778 0 Td (3,696 )Tj 2.664 0 Td ( )Tj 2.07 0 Td ( )Tj 0.735 0 Td (20.2 )Tj 1 0 0 1 40 473.9259 Tm ( )Tj 239.16 0 Td ( )Tj 75.981 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 5.176 0 Td ( )Tj 56.688 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 14.575 0 Td ( )Tj 75.981 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 5.176 0 Td ( )Tj 56.688 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 12.5 0 0 12.5 25 462.2628 Tm ( )Tj 20.333 0 Td ( )Tj 2.07 0 Td ( )Tj 1.778 0 Td ( )Tj 2.25 0 Td ( )Tj 0.414 0 Td ( )Tj 2.07 0 Td ( )Tj 0.414 0 Td ( )Tj 2.07 0 Td ( )Tj 1.166 0 Td ( )Tj 2.07 0 Td ( )Tj 1.778 0 Td ( )Tj 2.25 0 Td ( )Tj 0.414 0 Td ( )Tj 2.07 0 Td ( )Tj 0.414 0 Td ( )Tj 2.07 0 Td ( )Tj -43.634 -1.2 Td (Expenditures)Tj 20.333 0 Td ( )Tj 2.07 0 Td ( )Tj 1.778 0 Td ( )Tj 2.25 0 Td ( )Tj 0.414 0 Td ( )Tj 2.07 0 Td ( )Tj 0.414 0 Td ( )Tj 2.07 0 Td ( )Tj 1.166 0 Td ( )Tj 2.07 0 Td ( )Tj 1.778 0 Td ( )Tj 2.25 0 Td ( )Tj 0.414 0 Td ( )Tj 2.07 0 Td ( )Tj 0.414 0 Td ( )Tj 2.07 0 Td ( )Tj -42.434 -1.2 Td (Wages & salaries)Tj 10.625 0 0 10.625 127.475 432.2628 Tm (\(1\))Tj 12.5 0 0 12.5 279.1605 432.2628 Tm ( )Tj 2.07 0 Td (US$)Tj 2.528 0 Td (816 )Tj 1.914 0 Td ( )Tj 2.07 0 Td ( )Tj 1.235 0 Td (4.9%)Tj 2.416 0 Td ( )Tj 2.07 0 Td (US$)Tj 2.528 0 Td (887 )Tj 1.914 0 Td ( )Tj 2.07 0 Td ( )Tj 1.235 0 Td (4.8%)Tj -41.184 -1.2 Td (Transfers to social security)Tj 10.625 0 0 10.625 175.0375 417.2628 Tm (\(2\))Tj 12.5 0 0 12.5 279.1605 417.2628 Tm ( )Tj 2.07 0 Td ( )Tj 1.778 0 Td (1,253 )Tj 2.664 0 Td ( )Tj 2.07 0 Td ( )Tj 1.235 0 Td (7.5 )Tj 2.416 0 Td ( )Tj 2.07 0 Td ( )Tj 1.778 0 Td (1,314 )Tj 2.664 0 Td ( )Tj 2.07 0 Td ( )Tj 1.235 0 Td (7.2 )Tj -41.184 -1.2 Td (Transfer payments)Tj 19.133 0 Td ( )Tj 2.07 0 Td ( )Tj 2.528 0 Td (133 )Tj 1.914 0 Td ( )Tj 2.07 0 Td ( )Tj 1.235 0 Td (0.8 )Tj 2.416 0 Td ( )Tj 2.07 0 Td ( )Tj 2.528 0 Td (140 )Tj 1.914 0 Td ( )Tj 2.07 0 Td ( )Tj 1.235 0 Td (0.8 )Tj -41.184 -1.2 Td (Interest on public debt)Tj 19.133 0 Td ( )Tj 2.07 0 Td ( )Tj 2.528 0 Td (733 )Tj 1.914 0 Td ( )Tj 2.07 0 Td ( )Tj 1.235 0 Td (4.4 )Tj 2.416 0 Td ( )Tj 2.07 0 Td ( )Tj 2.528 0 Td (790 )Tj 1.914 0 Td ( )Tj 2.07 0 Td ( )Tj 1.235 0 Td (4.3 )Tj -41.184 -1.2 Td (Goods & services)Tj 19.133 0 Td ( )Tj 2.07 0 Td ( )Tj 2.528 0 Td (505 )Tj 1.914 0 Td ( )Tj 2.07 0 Td ( )Tj 1.235 0 Td (3.0 )Tj 2.416 0 Td ( )Tj 2.07 0 Td ( )Tj 2.528 0 Td (579 )Tj 1.914 0 Td ( )Tj 2.07 0 Td ( )Tj 1.235 0 Td (3.2 )Tj -41.184 -1.2 Td (Capital Expenditures)Tj 19.133 0 Td ( )Tj 2.07 0 Td ( )Tj 2.528 0 Td (210 )Tj 1.914 0 Td ( )Tj 2.07 0 Td ( )Tj 1.235 0 Td (1.2 )Tj 2.416 0 Td ( )Tj 2.07 0 Td ( )Tj 2.528 0 Td (229 )Tj 1.914 0 Td ( )Tj 2.07 0 Td ( )Tj 1.235 0 Td (1.2 )Tj -41.184 -1.2 Td (Other)Tj 19.133 0 Td ( )Tj 2.07 0 Td ( )Tj 3.028 0 Td (25 )Tj 1.414 0 Td ( )Tj 2.07 0 Td ( )Tj 1.235 0 Td (0.2 )Tj 2.416 0 Td ( )Tj 2.07 0 Td ( )Tj 3.028 0 Td (25 )Tj 1.414 0 Td ( )Tj 2.07 0 Td ( )Tj 1.235 0 Td (0.1 )Tj 1 0 0 1 40 336.726 Tm ( )Tj 239.16 0 Td ( )Tj 75.981 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 5.176 0 Td ( )Tj 56.688 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 14.575 0 Td ( )Tj 75.981 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 5.176 0 Td ( )Tj 56.688 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 12.5 0 0 12.5 55 325.0628 Tm (Total)Tj 17.933 0 Td ( )Tj 2.07 0 Td ( )Tj 1.778 0 Td (3,675 )Tj 2.664 0 Td ( )Tj 2.07 0 Td ( )Tj 0.735 0 Td (22.0 )Tj 2.916 0 Td ( )Tj 2.07 0 Td ( )Tj 1.778 0 Td (3,963 )Tj 2.664 0 Td ( )Tj 2.07 0 Td ( )Tj 0.735 0 Td (21.6 )Tj 1 0 0 1 40 319.5259 Tm ( )Tj 239.16 0 Td ( )Tj 75.981 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 5.176 0 Td ( )Tj 56.688 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 14.575 0 Td ( )Tj 75.981 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 5.176 0 Td ( )Tj 56.688 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 12.5 0 0 12.5 25 307.8628 Tm ( )Tj 20.333 0 Td ( )Tj 2.07 0 Td ( )Tj 1.778 0 Td ( )Tj 2.25 0 Td ( )Tj 0.414 0 Td ( )Tj 2.07 0 Td ( )Tj 0.414 0 Td ( )Tj 2.07 0 Td ( )Tj 1.166 0 Td ( )Tj 2.07 0 Td ( )Tj 1.778 0 Td ( )Tj 2.25 0 Td ( )Tj 0.414 0 Td ( )Tj 2.07 0 Td ( )Tj 0.414 0 Td ( )Tj 2.07 0 Td ( )Tj -43.634 -1.2 Td (Central Government Extra-budgetary operations)Tj 20.333 0 Td ( )Tj 2.07 0 Td ( )Tj 3.028 0 Td (38 )Tj 1.414 0 Td ( )Tj 2.07 0 Td ( )Tj 1.235 0 Td (0.2 )Tj 2.416 0 Td ( )Tj 2.07 0 Td ( )Tj 3.028 0 Td (50 )Tj 1.414 0 Td ( )Tj 2.07 0 Td ( )Tj 1.235 0 Td (0.3 )Tj -42.384 -1.2 Td (Central Government balance)Tj 20.333 0 Td ( )Tj 2.07 0 Td ( )Tj 2.195 0 Td (\(311\))Tj 2.247 0 Td ( )Tj 2.07 0 Td ( )Tj 0.902 0 Td (\(1.8\))Tj 2.749 0 Td ( )Tj 2.07 0 Td ( )Tj 2.195 0 Td (\(268\))Tj 2.247 0 Td ( )Tj 2.07 0 Td ( )Tj 0.902 0 Td (\(1.5\))Tj -42.051 -1.2 Td (Non-financial public institutions)Tj 20.333 0 Td ( )Tj 2.07 0 Td ( )Tj 2.528 0 Td (157 )Tj 1.914 0 Td ( )Tj 2.07 0 Td ( )Tj 1.235 0 Td (0.9 )Tj 2.416 0 Td ( )Tj 2.07 0 Td ( )Tj 3.028 0 Td (24 )Tj 1.414 0 Td ( )Tj 2.07 0 Td ( )Tj 1.235 0 Td (0.1 )Tj -42.384 -1.2 Td (Banco Central)Tj 20.333 0 Td ( )Tj 2.07 0 Td ( )Tj 2.695 0 Td (\(26\))Tj 1.747 0 Td ( )Tj 2.07 0 Td ( )Tj 0.902 0 Td (\(0.2\))Tj 2.749 0 Td ( )Tj 2.07 0 Td ( )Tj 2.695 0 Td (\(24\))Tj 1.747 0 Td ( )Tj 2.07 0 Td ( )Tj 0.902 0 Td (\(0.1\))Tj 1 0 0 1 40 242.3259 Tm ( )Tj 239.16 0 Td ( )Tj 75.981 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 5.176 0 Td ( )Tj 56.688 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 14.575 0 Td ( )Tj 75.981 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 5.176 0 Td ( )Tj 56.688 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 12.5 0 0 12.5 25 230.6628 Tm (Overall surplus \(deficit\))Tj 10.625 0 0 10.625 145.1125 230.6628 Tm (\(3\))Tj 12.5 0 0 12.5 279.1605 230.6628 Tm ( )Tj 2.07 0 Td (US$)Tj 2.195 0 Td (\(142\))Tj 2.247 0 Td ( )Tj 2.07 0 Td ( )Tj 0.902 0 Td (\(0.8\)% )Tj 4.819 0 Td (US$)Tj 2.195 0 Td (\(217\))Tj 2.247 0 Td ( )Tj 2.07 0 Td ( )Tj 0.902 0 Td (\(1.2\)%)Tj 1 0 0 1 40 224.1259 Tm ( )Tj 239.16 0 Td ( )Tj 75.981 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 5.176 0 Td ( )Tj 56.688 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 14.575 0 Td ( )Tj 75.981 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 5.176 0 Td ( )Tj 56.688 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 12.5 0 0 12.5 25 211.4628 Tm (Overall interest payments)Tj 10.625 0 0 10.625 153.45 211.4628 Tm (\(4\))Tj 12.5 0 0 12.5 279.1605 211.4628 Tm ( )Tj 2.07 0 Td (US$)Tj 2.528 0 Td (759 )Tj 1.914 0 Td ( )Tj 2.07 0 Td ( )Tj 1.235 0 Td (4.5%)Tj 2.416 0 Td ( )Tj 2.07 0 Td (US$)Tj 2.528 0 Td (812 )Tj 1.914 0 Td ( )Tj 2.07 0 Td ( )Tj 1.235 0 Td (4.4%)Tj 1 0 0 1 40 204.9259 Tm ( )Tj 239.16 0 Td ( )Tj 75.981 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 5.176 0 Td ( )Tj 56.688 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 14.575 0 Td ( )Tj 75.981 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 5.176 0 Td ( )Tj 56.688 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 12.5 0 0 12.5 25 192.2628 Tm (Overall primary balance)Tj 10.625 0 0 10.625 146.4875 192.2628 Tm (\(5\))Tj 12.5 0 0 12.5 279.1605 192.2628 Tm ( )Tj 2.07 0 Td (US$)Tj 2.528 0 Td (616 )Tj 1.914 0 Td ( )Tj 2.07 0 Td ( )Tj 1.235 0 Td (3.7%)Tj 2.416 0 Td ( )Tj 2.07 0 Td (US$)Tj 2.528 0 Td (594 )Tj 1.914 0 Td ( )Tj 2.07 0 Td ( )Tj 1.235 0 Td (3.2%)Tj 1 0 0 1 40 185.726 Tm ( )Tj 239.16 0 Td ( )Tj 75.981 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 5.176 0 Td ( )Tj 56.688 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 14.575 0 Td ( )Tj 75.981 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 5.176 0 Td ( )Tj 56.688 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 3.75 0 0 3.75 10 159.6434 Tm ( )Tj 12.5 0 0 12.5 10 147.5628 Tm (\(*\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (Preliminary data for the 12 months ended June 2006.)Tj 3.75 0 0 3.75 10 140.1434 Tm ( )Tj 12.5 0 0 12.5 10 128.0628 Tm (\(1\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (Includes employer contributions made to social security system for emplo\ yees of Central Government.)Tj 3.75 0 0 3.75 10 120.6434 Tm ( )Tj 12.5 0 0 12.5 10 108.5628 Tm (\(2\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (Net of social security revenues received.)Tj 3.75 0 0 3.75 10 101.1434 Tm ( )Tj 12.5 0 0 12.5 10 89.0628 Tm (\(3\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (Local governments not included.)Tj 3.75 0 0 3.75 10 81.6434 Tm ( )Tj 12.5 0 0 12.5 10 69.5628 Tm (\(4\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (Includes central government, public enterprises and Banco Central.)Tj 3.75 0 0 3.75 10 62.1434 Tm ( )Tj 12.5 0 0 12.5 10 50.0628 Tm (\(5\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (Overall balance less interest payments.)Tj ET EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(32 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 683 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n BT /TT0 1 Tf 12.5 0 0 12.5 10 805.1353 Tm (Source)Tj /TT1 1 Tf (: Banco Central )Tj 22.055 -2.72 Td (S-18 )Tj ET 0.5 0.5 0.5 rg 10 738.965 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(33 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 684 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /WebCaptureBG BMC /WebCaptureFN <>BDC q 0 18 595 806 re W* n /Artifact <>BDC Q 148.426 657.396 m 203.711 657.396 l 203.711 658.396 l 148.426 658.396 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 224.684 657.396 m 279.968 657.396 l 279.968 658.396 l 224.684 658.396 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 300.942 657.396 m 356.226 657.396 l 356.226 658.396 l 300.942 658.396 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 377.2 657.396 m 432.484 657.396 l 432.484 658.396 l 377.2 658.396 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 453.458 657.396 m 508.742 657.396 l 508.742 658.396 l 453.458 658.396 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 529.716 657.396 m 585 657.396 l 585 658.396 l 529.716 658.396 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 627.396 117.453 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 127.453 627.396 20.974 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 148.426 627.396 12.584 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 161.011 627.396 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 189.136 627.396 14.575 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 203.711 627.396 20.974 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 224.684 627.396 12.584 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 237.268 627.396 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 265.393 627.396 14.575 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 279.968 627.396 20.974 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 300.942 627.396 12.584 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 313.526 627.396 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 341.651 627.396 14.575 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 356.226 627.396 20.974 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 377.2 627.396 12.584 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 389.784 627.396 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 417.909 627.396 14.575 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 432.484 627.396 20.974 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 453.458 627.396 12.584 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 466.042 627.396 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 494.167 627.396 14.575 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 508.742 627.396 20.974 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 529.716 627.396 12.584 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 542.3 627.396 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 570.425 627.396 14.575 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 582.396 117.453 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 127.453 582.396 20.974 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 148.426 582.396 12.584 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 161.011 582.396 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 189.136 582.396 14.575 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 203.711 582.396 20.974 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 224.684 582.396 12.584 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 237.268 582.396 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 265.393 582.396 14.575 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 279.968 582.396 20.974 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 300.942 582.396 12.584 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 313.526 582.396 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 341.651 582.396 14.575 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 356.226 582.396 20.974 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 377.2 582.396 12.584 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 389.784 582.396 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 417.909 582.396 14.575 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 432.484 582.396 20.974 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 453.458 582.396 12.584 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 466.042 582.396 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 494.167 582.396 14.575 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 508.742 582.396 20.974 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 529.716 582.396 12.584 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 542.3 582.396 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 570.425 582.396 14.575 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 552.396 117.453 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 127.453 552.396 20.974 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 148.426 552.396 12.584 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 161.011 552.396 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 189.136 552.396 14.575 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 203.711 552.396 20.974 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 224.684 552.396 12.584 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 237.268 552.396 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 265.393 552.396 14.575 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 279.968 552.396 20.974 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 300.942 552.396 12.584 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 313.526 552.396 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 341.651 552.396 14.575 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 356.226 552.396 20.974 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 377.2 552.396 12.584 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 389.784 552.396 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 417.909 552.396 14.575 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 432.484 552.396 20.974 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 453.458 552.396 12.584 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 466.042 552.396 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 494.167 552.396 14.575 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 508.742 552.396 20.974 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 529.716 552.396 12.584 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 542.3 552.396 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 570.425 552.396 14.575 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 492.396 117.453 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 127.453 492.396 20.974 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 148.426 492.396 12.584 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 161.011 492.396 28.125 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 189.136 492.396 14.575 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 203.711 492.396 20.974 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 224.684 492.396 12.584 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 237.268 492.396 28.125 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 265.393 492.396 14.575 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 279.968 492.396 20.974 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 300.942 492.396 12.584 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 313.526 492.396 28.125 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 341.651 492.396 14.575 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 356.226 492.396 20.974 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 377.2 492.396 12.584 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 389.784 492.396 28.125 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 417.909 492.396 14.575 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 432.484 492.396 20.974 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 453.458 492.396 12.584 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 466.042 492.396 28.125 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 494.167 492.396 14.575 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 508.742 492.396 20.974 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 529.716 492.396 12.584 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 542.3 492.396 28.125 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 570.425 492.396 14.575 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 161.011 492.396 m 189.136 492.396 l 189.136 491.396 l 161.011 491.396 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 237.268 492.396 m 265.393 492.396 l 265.393 491.396 l 237.268 491.396 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 313.526 492.396 m 341.651 492.396 l 341.651 491.396 l 313.526 491.396 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 389.784 492.396 m 417.909 492.396 l 417.909 491.396 l 389.784 491.396 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 466.042 492.396 m 494.167 492.396 l 494.167 491.396 l 466.042 491.396 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 542.3 492.396 m 570.425 492.396 l 570.425 491.396 l 542.3 491.396 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 161.011 475.196 m 189.136 475.196 l 189.136 474.196 l 161.011 474.196 l h f 161.011 473.196 m 189.136 473.196 l 189.136 472.196 l 161.011 472.196 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 237.268 475.196 m 265.393 475.196 l 265.393 474.196 l 237.268 474.196 l h f 237.268 473.196 m 265.393 473.196 l 265.393 472.196 l 237.268 472.196 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 313.526 475.196 m 341.651 475.196 l 341.651 474.196 l 313.526 474.196 l h f 313.526 473.196 m 341.651 473.196 l 341.651 472.196 l 313.526 472.196 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 389.784 475.196 m 417.909 475.196 l 417.909 474.196 l 389.784 474.196 l h f 389.784 473.196 m 417.909 473.196 l 417.909 472.196 l 389.784 472.196 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 466.042 475.196 m 494.167 475.196 l 494.167 474.196 l 466.042 474.196 l h f 466.042 473.196 m 494.167 473.196 l 494.167 472.196 l 466.042 472.196 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 542.3 475.196 m 570.425 475.196 l 570.425 474.196 l 542.3 474.196 l h f 542.3 473.196 m 570.425 473.196 l 570.425 472.196 l 542.3 472.196 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 450.996 m 113.5 450.996 l 113.5 449.996 l 10 449.996 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 284.012 282.406 m 419.363 282.406 l 419.363 283.406 l 284.012 283.406 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 443.399 282.406 m 585 282.406 l 585 283.406 l 443.399 283.406 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 252.406 249.976 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 259.976 252.406 24.036 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 284.012 252.406 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 299.987 252.406 32.288 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 332.274 252.406 14.422 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 346.696 252.406 24.036 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 370.732 252.406 14.422 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 385.154 252.406 19.788 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 404.941 252.406 14.422 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 419.363 252.406 24.036 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 443.399 252.406 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 459.374 252.406 38.538 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 497.911 252.406 14.422 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 512.333 252.406 24.036 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 536.369 252.406 14.422 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 550.791 252.406 19.788 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 570.578 252.406 14.422 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 222.406 249.976 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 259.976 222.406 24.036 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 284.012 222.406 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 299.987 222.406 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 332.274 222.406 14.422 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 346.696 222.406 24.036 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 370.732 222.406 14.422 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 385.154 222.406 19.788 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 404.941 222.406 14.422 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 419.363 222.406 24.036 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 443.399 222.406 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 459.374 222.406 38.538 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 497.911 222.406 14.422 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 512.333 222.406 24.036 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 536.369 222.406 14.422 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 550.791 222.406 19.788 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 570.578 222.406 14.422 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 192.406 249.976 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 259.976 192.406 24.036 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 284.012 192.406 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 299.987 192.406 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 332.274 192.406 14.422 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 346.696 192.406 24.036 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 370.732 192.406 14.422 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 385.154 192.406 19.788 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 404.941 192.406 14.422 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 419.363 192.406 24.036 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 443.399 192.406 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 459.374 192.406 38.538 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 497.911 192.406 14.422 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 512.333 192.406 24.036 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 536.369 192.406 14.422 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 550.791 192.406 19.788 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 570.578 192.406 14.422 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 162.406 249.976 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 259.976 162.406 24.036 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 284.012 162.406 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 299.987 162.406 32.288 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 332.274 162.406 14.422 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 346.696 162.406 24.036 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 370.732 162.406 14.422 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 385.154 162.406 19.788 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 404.941 162.406 14.422 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 419.363 162.406 24.036 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 443.399 162.406 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 459.374 162.406 38.538 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 497.911 162.406 14.422 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 512.333 162.406 24.036 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 536.369 162.406 14.422 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 550.791 162.406 19.788 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 570.578 162.406 14.422 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 10 112.406 m 113.5 112.406 l 113.5 111.406 l 10 111.406 l h f EMC EMC EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 749.6082 Tm ( )Tj /TT1 1 Tf (Tax Revenue)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( The following table sets forth the composition of the governme\ nt\222s tax revenues for the periods indicated. )Tj /TT2 1 Tf 16.82 -3.003 Td (Composition of Tax Revenue)Tj /TT0 1 Tf ( )Tj -16.82 -1.2 Td ( )Tj 9.396 0 Td ( )Tj 1.678 0 Td ( )Tj 1.007 0 Td ( )Tj 2.25 0 Td ( )Tj 1.166 0 Td ( )Tj 1.678 0 Td ( )Tj 1.007 0 Td ( )Tj 2.25 0 Td ( )Tj 1.166 0 Td ( )Tj 1.678 0 Td ( )Tj 1.007 0 Td ( )Tj 2.25 0 Td ( )Tj 1.166 0 Td ( )Tj 1.678 0 Td ( )Tj 1.007 0 Td ( )Tj 2.25 0 Td ( )Tj 1.166 0 Td ( )Tj 1.678 0 Td ( )Tj 1.007 0 Td ( )Tj 2.25 0 Td ( )Tj 1.166 0 Td ( )Tj 1.678 0 Td ( )Tj 1.007 0 Td ( )Tj 2.25 0 Td ( )Tj 10 0 0 10 10 660.7325 Tm ( )Tj 11.745 0 Td ( )Tj /TT2 1 Tf 3.862 0.097 Td (2001)Tj /TT0 1 Tf 3.764 -0.097 Td ( )Tj /TT2 1 Tf 3.862 0.097 Td (2002)Tj /TT0 1 Tf 3.764 -0.097 Td ( )Tj /TT2 1 Tf 3.862 0.097 Td (2003)Tj /TT0 1 Tf 3.764 -0.097 Td ( )Tj /TT2 1 Tf 3.862 0.097 Td (2004)Tj /TT0 1 Tf 3.764 -0.097 Td ( )Tj /TT2 1 Tf 3.862 0.097 Td (2005)Tj /TT0 1 Tf 3.764 -0.097 Td ( )Tj /TT2 1 Tf 3.366 0.097 Td (2006)Tj 8.5 0 0 8.5 562.4024 661.6992 Tm (\(*\))Tj /TT0 1 Tf 12.5 0 0 12.5 25 646.5666 Tm (Value-added taxes )Tj 0 -1.2 TD (\(VAT\))Tj 8.196 0 Td ( )Tj 2.435 0 Td ( )Tj 0.75 0 Td (52.8%)Tj 2.916 0 Td ( )Tj 2.435 0 Td ( )Tj 0.75 0 Td (51.2%)Tj 2.916 0 Td ( )Tj 2.435 0 Td ( )Tj 0.75 0 Td (51.8%)Tj 2.916 0 Td ( )Tj 2.435 0 Td ( )Tj 0.75 0 Td (52.9%)Tj 2.916 0 Td ( )Tj 2.435 0 Td ( )Tj 0.75 0 Td (54.4%)Tj 2.916 0 Td ( )Tj 2.435 0 Td ( )Tj 0.75 0 Td (54.2%)Tj -41.884 -1.2 Td (Other taxes on )Tj 0 -1.2 TD (goods & services)Tj 8.196 0 Td ( )Tj 2.435 0 Td ( )Tj 0.75 0 Td (23.3%)Tj 2.916 0 Td ( )Tj 2.435 0 Td ( )Tj 0.75 0 Td (21.5%)Tj 2.916 0 Td ( )Tj 2.435 0 Td ( )Tj 0.75 0 Td (19.2%)Tj 2.916 0 Td ( )Tj 2.435 0 Td ( )Tj 0.75 0 Td (18.7%)Tj 2.916 0 Td ( )Tj 2.435 0 Td ( )Tj 0.75 0 Td (18.8%)Tj 2.916 0 Td ( )Tj 2.435 0 Td ( )Tj 0.75 0 Td (18.5%)Tj -41.884 -1.2 Td (Income taxes)Tj 8.196 0 Td ( )Tj 2.435 0 Td ( )Tj 0.75 0 Td (12.9%)Tj 2.916 0 Td ( )Tj 2.435 0 Td ( )Tj 0.75 0 Td (11.3%)Tj 2.916 0 Td ( )Tj 2.435 0 Td ( )Tj 1.25 0 Td (9.7%)Tj 2.416 0 Td ( )Tj 2.435 0 Td ( )Tj 0.75 0 Td (14.1%)Tj 2.916 0 Td ( )Tj 2.435 0 Td ( )Tj 0.75 0 Td (15.3%)Tj 2.916 0 Td ( )Tj 2.435 0 Td ( )Tj 0.75 0 Td (15.9%)Tj -41.884 -1.2 Td (Taxes on capital)Tj 8.196 0 Td ( )Tj 2.435 0 Td ( )Tj 1.25 0 Td (7.4%)Tj 2.416 0 Td ( )Tj 2.435 0 Td ( )Tj 1.25 0 Td (9.6%)Tj 2.416 0 Td ( )Tj 2.435 0 Td ( )Tj 0.75 0 Td (10.2%)Tj 2.916 0 Td ( )Tj 2.435 0 Td ( )Tj 1.25 0 Td (8.2%)Tj 2.416 0 Td ( )Tj 2.435 0 Td ( )Tj 1.25 0 Td (8.1%)Tj 2.416 0 Td ( )Tj 2.435 0 Td ( )Tj 1.25 0 Td (7.1%)Tj -42.384 -1.2 Td (Foreign trade taxes)Tj 8.196 0 Td ( )Tj 2.435 0 Td ( )Tj 1.25 0 Td (6.2%)Tj 2.416 0 Td ( )Tj 2.435 0 Td ( )Tj 1.25 0 Td (6.7%)Tj 2.416 0 Td ( )Tj 2.435 0 Td ( )Tj 1.25 0 Td (7.3%)Tj 2.416 0 Td ( )Tj 2.435 0 Td ( )Tj 1.25 0 Td (7.6%)Tj 2.416 0 Td ( )Tj 2.435 0 Td ( )Tj 1.25 0 Td (7.1%)Tj 2.416 0 Td ( )Tj 2.435 0 Td ( )Tj 1.25 0 Td (6.9%)Tj -42.384 -1.2 Td (Other taxes)Tj 8.196 0 Td ( )Tj 2.435 0 Td ( )Tj 1.25 0 Td (4.6%)Tj 2.416 0 Td ( )Tj 2.435 0 Td ( )Tj 1.25 0 Td (7.7%)Tj 2.416 0 Td ( )Tj 2.435 0 Td ( )Tj 1.25 0 Td (8.7%)Tj 2.416 0 Td ( )Tj 2.435 0 Td ( )Tj 1.25 0 Td (7.9%)Tj 2.416 0 Td ( )Tj 2.435 0 Td ( )Tj 1.25 0 Td (7.1%)Tj 2.416 0 Td ( )Tj 2.435 0 Td ( )Tj 1.25 0 Td (6.9%)Tj -42.384 -1.2 Td (Refund of value-)Tj 0 -1.2 TD (added and other )Tj T* (taxes)Tj 8.196 0 Td ( )Tj 2.435 0 Td ( )Tj 0.917 0 Td (\(7.1\)% )Tj 5.184 0 Td ( )Tj 0.917 0 Td (\(7.8\)% )Tj 5.184 0 Td ( )Tj 0.917 0 Td (\(7.0\)% )Tj 5.184 0 Td ( )Tj 0.917 0 Td (\(9.5\)% )Tj 5.184 0 Td ( )Tj 0.417 0 Td (\(10.8\)% )Tj 5.684 0 Td ( )Tj 0.917 0 Td (\(9.5\)%)Tj 1 0 0 1 25 491.0298 Tm ( )Tj 102.453 0 Td ( )Tj 20.974 0 Td ( )Tj 40.459 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 14.575 0 Td ( )Tj 20.974 0 Td ( )Tj 40.459 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 14.575 0 Td ( )Tj 20.974 0 Td ( )Tj 40.459 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 14.575 0 Td ( )Tj 20.974 0 Td ( )Tj 40.459 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 14.575 0 Td ( )Tj 20.974 0 Td ( )Tj 40.459 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 14.575 0 Td ( )Tj 20.974 0 Td ( )Tj 40.459 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 12.5 0 0 12.5 25 479.3666 Tm (Total)Tj 8.196 0 Td ( )Tj 2.435 0 Td ( 100.0%)Tj 3.666 0 Td ( )Tj 2.435 0 Td ( 100.0%)Tj 3.666 0 Td ( )Tj 2.435 0 Td ( 100.0%)Tj 3.666 0 Td ( )Tj 2.435 0 Td ( 100.0%)Tj 3.666 0 Td ( )Tj 2.435 0 Td ( 100.0%)Tj 3.666 0 Td ( )Tj 2.435 0 Td ( 100.0%)Tj 1 0 0 1 25 472.8298 Tm ( )Tj 102.453 0 Td ( )Tj 20.974 0 Td ( )Tj 40.459 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 14.575 0 Td ( )Tj 20.974 0 Td ( )Tj 40.459 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 14.575 0 Td ( )Tj 20.974 0 Td ( )Tj 40.459 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 14.575 0 Td ( )Tj 20.974 0 Td ( )Tj 40.459 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 14.575 0 Td ( )Tj 20.974 0 Td ( )Tj 40.459 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 14.575 0 Td ( )Tj 20.974 0 Td ( )Tj 40.459 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 3.75 0 0 3.75 10 446.7473 Tm ( )Tj 12.5 0 0 12.5 10 434.6666 Tm (\(*\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (Preliminary data for the 12 months ended June 30, 2006.)Tj /TT3 1 Tf -1.84 -1.803 Td (Source)Tj /TT0 1 Tf (: Banco Central del Uruguay. )Tj 0 -1.804 TD ( )Tj /TT1 1 Tf (Public Sector Borrowings and Repayments)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( The following table sets forth public sector borrowings and re\ payments for the periods indicated. )Tj /TT2 1 Tf 13.338 -3.003 Td (Public Sector Borrowings and Repayments)Tj 10.625 0 0 10.625 405.8869 329.5353 Tm (\(1\))Tj /TT0 1 Tf 12.5 0 0 12.5 418.2756 329.5353 Tm ( )Tj -17.773 -1.197 Td (\(in millions of US$ and % of total GDP\) )Tj -14.889 -1.2 Td ( )Tj 19.998 0 Td ( )Tj 1.923 0 Td ( )Tj 1.278 0 Td ( )Tj 2.583 0 Td ( )Tj 1.154 0 Td ( )Tj 1.923 0 Td ( )Tj 1.154 0 Td ( )Tj 1.583 0 Td ( )Tj 1.154 0 Td ( )Tj 1.923 0 Td ( )Tj 1.278 0 Td ( )Tj 3.083 0 Td ( )Tj 1.154 0 Td ( )Tj 1.923 0 Td ( )Tj 1.154 0 Td ( )Tj 1.583 0 Td ( )Tj 10 0 0 10 10 285.7429 Tm ( )Tj 24.998 0 Td ( )Tj /TT2 1 Tf 8.171 0.097 Td (2005)Tj /TT0 1 Tf 7.768 -0.097 Td ( )Tj /TT2 1 Tf 8.271 0.097 Td (2006)Tj /TT0 1 Tf 8.5 0 0 8.5 522.0744 286.7096 Tm (*)Tj 12.5 0 0 12.5 25 256.577 Tm (Monetary Liabilities)Tj 10.625 0 0 10.625 127.425 256.577 Tm (\(2\))Tj 12.5 0 0 12.5 259.9756 256.577 Tm ( )Tj 1.923 1.2 Td (US)Tj 0.778 -1.2 Td ($)Tj 0.833 0 Td (224.0 )Tj 3.404 0 Td ( )Tj 1.923 0 Td ( )Tj 1.487 0 Td (1.3 )Tj 2.404 0 Td ( )Tj 1.923 1.2 Td (US)Tj 0.778 -1.2 Td ($)Tj 1.333 0 Td (175.3 )Tj 3.404 0 Td ( )Tj 1.923 0 Td ( )Tj 1.487 0 Td (1.0 )Tj -42.396 -1.2 Td (Treasury bonds & bills)Tj 18.798 0 Td ( )Tj 1.923 0 Td ( )Tj 1.611 0 Td (844.2 )Tj 3.404 0 Td ( )Tj 1.923 0 Td ( )Tj 1.487 0 Td (5.0 )Tj 2.404 0 Td ( )Tj 1.923 0 Td ( )Tj 1.611 0 Td (1444.6 )Tj 3.904 0 Td ( )Tj 1.923 0 Td ( )Tj 1.487 0 Td (7.9 )Tj /TT3 1 Tf -41.196 -1.203 Td (of which Brady Bonds)Tj /TT0 1 Tf 17.598 0.003 Td ( )Tj 2.951 0 Td ( \(117.0\))Tj 3.987 0 Td ( )Tj 2.827 0 Td ( \(0.7\))Tj 2.987 0 Td ( )Tj 2.951 0 Td ( )Tj 1.25 0 Td (\(13.1\))Tj 3.237 0 Td ( )Tj 2.827 0 Td ( \(0.1\))Tj -41.813 -1.2 Td (Loans)Tj 10.625 0 0 10.625 55.55 211.577 Tm (\(3\))Tj 12.5 0 0 12.5 259.9756 211.577 Tm ( )Tj 2.951 0 Td ( \(115.8\))Tj 3.987 0 Td ( )Tj 2.827 0 Td ( \(0.7\))Tj 2.987 0 Td ( )Tj 2.951 0 Td ( )Tj 0.75 0 Td (\(539.2\))Tj 3.737 0 Td ( )Tj 2.827 0 Td ( \(2.9\))Tj -41.813 -1.2 Td (Net deposits)Tj 10.625 0 0 10.625 87.15 196.577 Tm (\(4\))Tj 12.5 0 0 12.5 259.9756 196.577 Tm ( )Tj 2.951 0 Td ( \(114.7\))Tj 3.987 0 Td ( )Tj 2.827 0 Td ( \(0.7\))Tj 2.987 0 Td ( )Tj 2.951 0 Td ( )Tj 0.75 0 Td (\(344.8\))Tj 3.737 0 Td ( )Tj 2.827 0 Td ( \(1.9\))Tj -41.813 -1.2 Td (Net International Reserves)Tj 18.798 0 Td ( )Tj 2.951 0 Td ( \(566.7\))Tj 3.987 0 Td ( )Tj 2.827 0 Td ( \(3.4\))Tj 2.987 0 Td ( )Tj 2.951 0 Td ( \(1161.0\))Tj 4.487 0 Td ( )Tj 2.827 0 Td ( \(6.3\))Tj -41.813 -1.2 Td (Others)Tj 10.625 0 0 10.625 58.325 166.577 Tm (\(5\))Tj 12.5 0 0 12.5 259.9756 166.577 Tm ( )Tj 2.951 0 Td ( \(204.1\))Tj 3.987 0 Td ( )Tj 2.827 0 Td ( \(1.2\))Tj 2.987 0 Td ( )Tj 1.923 0 Td ( )Tj 2.111 0 Td (481.3 )Tj 3.404 0 Td ( )Tj 1.923 0 Td ( )Tj 1.487 0 Td (2.6 )Tj -42.396 -2.4 Td (Net Borrowing Requirements)Tj 18.798 0 Td ( )Tj 1.923 1.2 Td (US)Tj 0.778 -1.2 Td ($)Tj 1.333 0 Td (66.9 )Tj 2.904 0 Td ( )Tj 1.923 0 Td ( )Tj 1.487 0 Td (0.4 )Tj 2.404 0 Td ( )Tj 1.923 1.2 Td (US)Tj 0.778 -1.2 Td ($)Tj 1.833 0 Td (43.0 )Tj 2.904 0 Td ( )Tj 1.923 0 Td ( )Tj 1.487 0 Td (0.2 )Tj 3.75 0 0 3.75 10 108.1576 Tm ( )Tj 12.5 0 0 12.5 10 96.077 Tm (\(1\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (Represents aggregate borrowings in year indicated less aggregate repayme\ nts for such year.)Tj 3.75 0 0 3.75 10 88.6576 Tm ( )Tj 12.5 0 0 12.5 10 76.577 Tm ( )Tj 1.38 0 Td ( )Tj 0.46 0 Td (Positive numbers represent net repayments by the Public Sector.)Tj 3.75 0 0 3.75 10 69.1576 Tm ( )Tj 12.5 0 0 12.5 10 57.077 Tm ( )Tj 1.38 0 Td ( )Tj 0.46 0 Td (The overall balance is equivalent to the Net Borrowing Requirements of t\ he Public Sector.)Tj 3.75 0 0 3.75 10 49.6576 Tm ( )Tj ET EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(34 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 685 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n BT /TT0 1 Tf 12.5 0 0 12.5 10 805.1705 Tm (\(2\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (Monetary Liabilities include Monetary Base, Call and reserve deposits in\ Pesos and Treasury Bills in Pesos.)Tj 3.75 0 0 3.75 10 797.7511 Tm ( )Tj 12.5 0 0 12.5 10 785.6705 Tm (\(3\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (\223Loans\224 includes both domestic and foreign loans. Since August 200\ 2 includes loans related to the FSBS.)Tj 3.75 0 0 3.75 10 778.2511 Tm ( )Tj 12.5 0 0 12.5 10 766.1705 Tm (\(4\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (\223Net deposits\224 means deposit net of credits.)Tj 3.75 0 0 3.75 10 758.7511 Tm ( )Tj 12.5 0 0 12.5 10 746.6705 Tm (\(5\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (\223Others\224 in 2002 includes financial assistance to the banking syst\ em as well as net assets related to the FSBS.)Tj 3.75 0 0 3.75 10 739.2511 Tm ( )Tj 12.5 0 0 12.5 10 727.1705 Tm (\(*\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (Preliminary data for the 12 months ended June 30, 2006.)Tj 20.215 -2.72 Td (S-19 )Tj ET 0.5 0.5 0.5 rg 10 661 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(35 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 686 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /WebCaptureBG BMC /WebCaptureFN <>BDC q 0 18 595 806 re W* n /Artifact <>BDC Q 165.476 604.896 m 209.576 604.896 l 209.576 605.896 l 165.476 605.896 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 237.844 604.896 m 281.944 604.896 l 281.944 605.896 l 237.844 605.896 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 310.213 604.896 m 354.313 604.896 l 354.313 605.896 l 310.213 605.896 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 382.581 604.896 m 426.681 604.896 l 426.681 605.896 l 382.581 605.896 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 454.949 604.896 m 499.049 604.896 l 499.049 605.896 l 454.949 605.896 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 527.318 604.896 m 580.289 604.896 l 580.289 605.896 l 527.318 605.896 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 574.896 131.919 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 141.919 574.896 23.557 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 165.476 574.896 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 181.451 574.896 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 209.576 574.896 4.711 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 214.287 574.896 23.557 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 237.844 574.896 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 253.819 574.896 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 281.944 574.896 4.711 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 286.656 574.896 23.557 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 310.213 574.896 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 326.188 574.896 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 354.313 574.896 4.711 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 359.024 574.896 23.557 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 382.581 574.896 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 398.556 574.896 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 426.681 574.896 4.711 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 431.392 574.896 23.557 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 454.949 574.896 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 470.924 574.896 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 499.049 574.896 4.711 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 503.761 574.896 23.557 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 527.318 574.896 24.846 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 552.164 574.896 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 580.289 574.896 4.711 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 544.896 131.919 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 141.919 544.896 23.557 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 165.476 544.896 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 181.451 544.896 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 209.576 544.896 4.711 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 214.287 544.896 23.557 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 237.844 544.896 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 253.819 544.896 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 281.944 544.896 4.711 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 286.656 544.896 23.557 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 310.213 544.896 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 326.188 544.896 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 354.313 544.896 4.711 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 359.024 544.896 23.557 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 382.581 544.896 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 398.556 544.896 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 426.681 544.896 4.711 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 431.392 544.896 23.557 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 454.949 544.896 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 470.924 544.896 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 499.049 544.896 4.711 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 503.761 544.896 23.557 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 527.318 544.896 24.846 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 552.164 544.896 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 580.289 544.896 4.711 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 165.476 514.896 m 209.576 514.896 l 209.576 513.896 l 165.476 513.896 l h f 165.476 512.896 m 209.576 512.896 l 209.576 511.896 l 165.476 511.896 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 237.844 514.896 m 281.944 514.896 l 281.944 513.896 l 237.844 513.896 l h f 237.844 512.896 m 281.944 512.896 l 281.944 511.896 l 237.844 511.896 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 310.213 514.896 m 354.313 514.896 l 354.313 513.896 l 310.213 513.896 l h f 310.213 512.896 m 354.313 512.896 l 354.313 511.896 l 310.213 511.896 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 382.581 514.896 m 426.681 514.896 l 426.681 513.896 l 382.581 513.896 l h f 382.581 512.896 m 426.681 512.896 l 426.681 511.896 l 382.581 511.896 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 454.949 514.896 m 499.049 514.896 l 499.049 513.896 l 454.949 513.896 l h f 454.949 512.896 m 499.049 512.896 l 499.049 511.896 l 454.949 511.896 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 527.318 514.896 m 580.289 514.896 l 580.289 513.896 l 527.318 513.896 l h f 527.318 512.896 m 580.289 512.896 l 580.289 511.896 l 527.318 511.896 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 490.696 m 113.5 490.696 l 113.5 489.696 l 10 489.696 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 101.906 250.161 m 159.966 250.161 l 159.966 251.161 l 101.906 251.161 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 176.676 250.161 m 211.401 250.161 l 211.401 251.161 l 176.676 251.161 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 228.111 250.161 m 262.836 250.161 l 262.836 251.161 l 228.111 251.161 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 279.547 250.161 m 314.272 250.161 l 314.272 251.161 l 279.547 251.161 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 330.982 250.161 m 365.707 250.161 l 365.707 251.161 l 330.982 251.161 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 382.417 250.161 m 417.142 250.161 l 417.142 251.161 l 382.417 251.161 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 433.852 250.161 m 468.577 250.161 l 468.577 251.161 l 433.852 251.161 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 485.287 250.161 m 520.012 250.161 l 520.012 251.161 l 485.287 251.161 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 536.722 250.161 m 580.822 250.161 l 580.822 251.161 l 536.722 251.161 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 220.161 79.373 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 89.373 220.161 12.533 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 101.906 220.161 26.167 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 128.073 220.161 31.893 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 159.966 220.161 4.178 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 164.144 220.161 12.533 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 176.676 220.161 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 192.651 220.161 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 211.401 220.161 4.178 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 215.579 220.161 12.533 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 228.111 220.161 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 244.086 220.161 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 262.836 220.161 4.178 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 267.014 220.161 12.533 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 279.547 220.161 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 295.522 220.161 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 314.272 220.161 4.178 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 318.449 220.161 12.533 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 330.982 220.161 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 346.957 220.161 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 365.707 220.161 4.178 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 369.884 220.161 12.533 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 382.417 220.161 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 398.392 220.161 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 417.142 220.161 4.178 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 421.319 220.161 12.533 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 433.852 220.161 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 449.827 220.161 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 468.577 220.161 4.178 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 472.755 220.161 12.533 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 485.287 220.161 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 501.262 220.161 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 520.012 220.161 4.178 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 524.19 220.161 12.533 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 536.722 220.161 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 552.697 220.161 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 580.822 220.161 4.178 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 160.161 79.373 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 89.373 160.161 12.533 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 101.906 160.161 26.167 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 128.073 160.161 31.893 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 159.966 160.161 4.178 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 164.144 160.161 12.533 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 176.676 160.161 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 192.651 160.161 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 211.401 160.161 4.178 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 215.579 160.161 12.533 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 228.111 160.161 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 244.086 160.161 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 262.836 160.161 4.178 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 267.014 160.161 12.533 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 279.547 160.161 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 295.522 160.161 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 314.272 160.161 4.178 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 318.449 160.161 12.533 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 330.982 160.161 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 346.957 160.161 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 365.707 160.161 4.178 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 369.884 160.161 12.533 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 382.417 160.161 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 398.392 160.161 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 417.142 160.161 4.178 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 421.319 160.161 12.533 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 433.852 160.161 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 449.827 160.161 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 468.577 160.161 4.178 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 472.755 160.161 12.533 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 485.287 160.161 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 501.262 160.161 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 520.012 160.161 4.178 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 524.19 160.161 12.533 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 536.722 160.161 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 552.697 160.161 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 580.822 160.161 4.178 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 101.906 160.161 m 159.966 160.161 l 159.966 159.161 l 101.906 159.161 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 176.676 160.161 m 211.401 160.161 l 211.401 159.161 l 176.676 159.161 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 228.111 160.161 m 262.836 160.161 l 262.836 159.161 l 228.111 159.161 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 279.547 160.161 m 314.272 160.161 l 314.272 159.161 l 279.547 159.161 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 330.982 160.161 m 365.707 160.161 l 365.707 159.161 l 330.982 159.161 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 382.417 160.161 m 417.142 160.161 l 417.142 159.161 l 382.417 159.161 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 433.852 160.161 m 468.577 160.161 l 468.577 159.161 l 433.852 159.161 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 485.287 160.161 m 520.012 160.161 l 520.012 159.161 l 485.287 159.161 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 536.722 160.161 m 580.822 160.161 l 580.822 159.161 l 536.722 159.161 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 101.906 127.961 m 159.966 127.961 l 159.966 126.961 l 101.906 126.961 l h f 101.906 125.961 m 159.966 125.961 l 159.966 124.961 l 101.906 124.961 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 176.676 127.961 m 211.401 127.961 l 211.401 126.961 l 176.676 126.961 l h f 176.676 125.961 m 211.401 125.961 l 211.401 124.961 l 176.676 124.961 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 228.111 127.961 m 262.836 127.961 l 262.836 126.961 l 228.111 126.961 l h f 228.111 125.961 m 262.836 125.961 l 262.836 124.961 l 228.111 124.961 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 279.547 127.961 m 314.272 127.961 l 314.272 126.961 l 279.547 126.961 l h f 279.547 125.961 m 314.272 125.961 l 314.272 124.961 l 279.547 124.961 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 330.982 127.961 m 365.707 127.961 l 365.707 126.961 l 330.982 126.961 l h f 330.982 125.961 m 365.707 125.961 l 365.707 124.961 l 330.982 124.961 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 382.417 127.961 m 417.142 127.961 l 417.142 126.961 l 382.417 126.961 l h f 382.417 125.961 m 417.142 125.961 l 417.142 124.961 l 382.417 124.961 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 433.852 127.961 m 468.577 127.961 l 468.577 126.961 l 433.852 126.961 l h f 433.852 125.961 m 468.577 125.961 l 468.577 124.961 l 433.852 124.961 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 485.287 127.961 m 520.012 127.961 l 520.012 126.961 l 485.287 126.961 l h f 485.287 125.961 m 520.012 125.961 l 520.012 124.961 l 485.287 124.961 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 536.722 127.961 m 580.822 127.961 l 580.822 126.961 l 536.722 126.961 l h f 536.722 125.961 m 580.822 125.961 l 580.822 124.961 l 536.722 124.961 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 103.761 m 113.5 103.761 l 113.5 102.761 l 10 102.761 l h f EMC EMC EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 749.6212 Tm (Public Sector Debt)Tj /TT1 1 Tf ( )Tj 0 -1.804 TD ( )Tj /TT2 1 Tf (Domestic debt)Tj /TT1 1 Tf ( )Tj 0 -1.8 TD ( The following table sets forth information regarding gross pub\ lic domestic debt incurred by the government )Tj 0 -1.2 TD (in the periods indicated. )Tj /TT0 1 Tf 17.015 -3.003 Td (Gross Public Domestic Debt)Tj /TT1 1 Tf ( )Tj -0.792 -1.197 Td (\(in millions of US$ at period end\) )Tj -16.222 -1.2 Td ( )Tj 10.554 0 Td ( )Tj 1.885 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 0.377 0 Td ( )Tj 1.885 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 0.377 0 Td ( )Tj 1.885 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 0.377 0 Td ( )Tj 1.885 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 0.377 0 Td ( )Tj 1.885 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 0.377 0 Td ( )Tj 1.885 0 Td ( )Tj 1.988 0 Td ( )Tj 2.25 0 Td ( )Tj 10 0 0 10 10 608.2325 Tm ( )Tj 13.192 0 Td ( )Tj /TT0 1 Tf 3.561 0.097 Td (2001)Tj /TT1 1 Tf 3.205 -0.097 Td ( )Tj 0.471 0 Td ( )Tj /TT0 1 Tf 3.561 0.097 Td (2002)Tj /TT1 1 Tf 3.205 -0.097 Td ( )Tj 0.471 0 Td ( )Tj /TT0 1 Tf 3.561 0.097 Td (2003)Tj /TT1 1 Tf 3.205 -0.097 Td ( )Tj 0.471 0 Td ( )Tj /TT0 1 Tf 3.561 0.097 Td (2004)Tj /TT1 1 Tf 3.205 -0.097 Td ( )Tj 0.471 0 Td ( )Tj /TT0 1 Tf 3.065 0.097 Td (2005)Tj 8.5 0 0 8.5 482.0438 609.1992 Tm (\(1\))Tj /TT1 1 Tf 10 0 0 10 499.0493 608.2325 Tm ( )Tj 0.471 0 Td ( )Tj /TT0 1 Tf 2.356 0.097 Td (June 2006)Tj 8.5 0 0 8.5 570.3776 609.1992 Tm (\(1\))Tj /TT1 1 Tf 10 0 0 10 580.2886 608.2325 Tm ( )Tj 12.5 0 0 12.5 25 579.0666 Tm (Treasury bills)Tj 10.625 0 0 10.625 94.0875 579.0666 Tm (\(2\))Tj 12.5 0 0 12.5 141.9189 579.0666 Tm ( )Tj 1.885 1.2 Td (US)Tj 0 -1.2 TD ($)Tj 2.028 0 Td (376 )Tj 1.877 0 Td ( )Tj 1.885 1.2 Td (US)Tj T* ($)Tj 2.028 0 Td (357 )Tj 1.877 0 Td ( )Tj 1.885 1.2 Td (US)Tj T* ($)Tj 2.028 0 Td (691 )Tj 1.877 0 Td ( )Tj 1.885 1.2 Td (US)Tj T* ($)Tj 2.028 0 Td (513 )Tj 1.877 0 Td ( )Tj 1.885 1.2 Td (US)Tj T* ($)Tj 2.028 0 Td (399 )Tj 1.877 0 Td ( )Tj 1.885 0 Td (US$)Tj 2.738 0 Td (351 )Tj -42.923 -1.2 Td (Treasury Bonds)Tj 10.625 0 0 10.625 104.5 564.0666 Tm (\(3\))Tj 12.5 0 0 12.5 141.9189 564.0666 Tm ( )Tj 1.885 0 Td ( )Tj 1.278 0 Td (2,115 )Tj 2.627 0 Td ( )Tj 1.885 0 Td ( )Tj 1.278 0 Td (1,991 )Tj 2.627 0 Td ( )Tj 1.885 0 Td ( )Tj 1.278 0 Td (1,737 )Tj 2.627 0 Td ( )Tj 1.885 0 Td ( )Tj 1.278 0 Td (1,890 )Tj 2.627 0 Td ( )Tj 1.885 0 Td ( )Tj 1.278 0 Td (2,596 )Tj 2.627 0 Td ( )Tj 1.885 0 Td ( )Tj 1.988 0 Td (2,860 )Tj -42.173 -1.2 Td (Other Liabilities)Tj 10.625 0 0 10.625 107.2875 549.0666 Tm (\(4\))Tj 12.5 0 0 12.5 141.9189 549.0666 Tm ( )Tj 1.885 0 Td ( )Tj 1.278 0 Td (1,753 )Tj 2.627 0 Td ( )Tj 1.885 0 Td ( )Tj 2.028 0 Td (739 )Tj 1.877 0 Td ( )Tj 1.885 0 Td ( )Tj 2.028 0 Td (178 )Tj 1.877 0 Td ( )Tj 1.885 0 Td ( )Tj 2.028 0 Td (713 )Tj 1.877 0 Td ( )Tj 1.885 0 Td ( )Tj 2.028 0 Td (772 )Tj 1.877 0 Td ( )Tj 1.885 0 Td ( )Tj 2.738 0 Td (934 )Tj -41.723 -2.4 Td (Total)Tj 8.154 0 Td ( )Tj 1.885 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (4,244 )Tj 2.627 0 Td ( )Tj 1.885 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (3,087 )Tj 2.627 0 Td ( )Tj 1.885 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (2,606 )Tj 2.627 0 Td ( )Tj 1.885 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (3,116 )Tj 2.627 0 Td ( )Tj 1.885 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (3,767 )Tj 2.627 0 Td ( )Tj 1.885 0 Td (US$)Tj 1.988 0 Td (4,145 )Tj 1 0 0 1 25 512.5298 Tm ( )Tj 116.919 0 Td ( )Tj 67.407 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 4.711 0 Td ( )Tj 67.407 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 4.711 0 Td ( )Tj 67.407 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 4.711 0 Td ( )Tj 67.407 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 4.711 0 Td ( )Tj 67.407 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 4.711 0 Td ( )Tj 76.278 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 3.75 0 0 3.75 10 486.4473 Tm ( )Tj 12.5 0 0 12.5 10 474.3666 Tm (\(1\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (Preliminary data.)Tj 3.75 0 0 3.75 10 466.9473 Tm ( )Tj 12.5 0 0 12.5 10 454.8666 Tm (\(2\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (Includes foreign and local currency denominated Treasury bills.)Tj 3.75 0 0 3.75 10 447.4473 Tm ( )Tj 12.5 0 0 12.5 10 435.3666 Tm (\(3\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (Includes foreign and local currency denominated Treasury bonds and Eurob\ onds.)Tj 3.75 0 0 3.75 10 427.9473 Tm ( )Tj 12.5 0 0 12.5 10 415.8666 Tm (\(4\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (Includes Brady bonds.)Tj /TT3 1 Tf -1.84 -1.803 Td (Source)Tj /TT1 1 Tf (: Banco Central )Tj 0 -1.8 TD ( The following table sets forth information regarding amortizat\ ion of Uruguay\222s gross public domestic debt. )Tj /TT0 1 Tf 14.974 -3.003 Td (Amortization of Gross Domestic Debt)Tj /TT1 1 Tf ( )Tj 3.984 -1.197 Td (\(in millions of US$\) )Tj -18.958 -1.2 Td ( )Tj 6.35 0 Td ( )Tj 1.003 0 Td ( )Tj 2.093 0 Td ( )Tj 2.551 0 Td ( )Tj 0.334 0 Td ( )Tj 1.003 0 Td ( )Tj 1.278 0 Td ( )Tj 1.5 0 Td ( )Tj 0.334 0 Td ( )Tj 1.003 0 Td ( )Tj 1.278 0 Td ( )Tj 1.5 0 Td ( )Tj 0.334 0 Td ( )Tj 1.003 0 Td ( )Tj 1.278 0 Td ( )Tj 1.5 0 Td ( )Tj 0.334 0 Td ( )Tj 1.003 0 Td ( )Tj 1.278 0 Td ( )Tj 1.5 0 Td ( )Tj 0.334 0 Td ( )Tj 1.003 0 Td ( )Tj 1.278 0 Td ( )Tj 1.5 0 Td ( )Tj 0.334 0 Td ( )Tj 1.003 0 Td ( )Tj 1.278 0 Td ( )Tj 1.5 0 Td ( )Tj 0.334 0 Td ( )Tj 1.003 0 Td ( )Tj 1.278 0 Td ( )Tj 1.5 0 Td ( )Tj 0.334 0 Td ( )Tj 1.003 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 10 0 0 10 10 290.4974 Tm ( )Tj 7.937 0 Td ( )Tj 1.253 0 Td ( )Tj 2.617 0 Td ( )Tj 3.189 0 Td ( )Tj 0.418 0 Td ( )Tj /TT0 1 Tf 15.365 -0.003 Td (Amortizations)Tj /TT1 1 Tf 20.222 0.003 Td ( )Tj 0.418 0 Td ( )Tj 3.333 0 Td ( )Tj 2.33 0 Td ( )Tj -57.082 -1.2 Td ( )Tj 7.937 0 Td ( )Tj /TT0 1 Tf 1.489 -0.003 Td (Outstanding)Tj /TT1 1 Tf 5.57 0.003 Td ( )Tj 0.418 0 Td ( )Tj 1.253 0 Td ( )Tj 1.597 0 Td ( )Tj 1.875 0 Td ( )Tj 0.418 0 Td ( )Tj 1.253 0 Td ( )Tj 1.597 0 Td ( )Tj 1.875 0 Td ( )Tj 0.418 0 Td ( )Tj 1.253 0 Td ( )Tj 1.597 0 Td ( )Tj 1.875 0 Td ( )Tj 0.418 0 Td ( )Tj 1.253 0 Td ( )Tj 1.597 0 Td ( )Tj 1.875 0 Td ( )Tj 0.418 0 Td ( )Tj 1.253 0 Td ( )Tj 1.597 0 Td ( )Tj 1.875 0 Td ( )Tj 0.418 0 Td ( )Tj 1.253 0 Td ( )Tj 1.597 0 Td ( )Tj 1.875 0 Td ( )Tj 0.418 0 Td ( )Tj 1.253 0 Td ( )Tj 1.597 0 Td ( )Tj 1.875 0 Td ( )Tj 0.418 0 Td ( )Tj /TT0 1 Tf 1.917 -0.003 Td (2013 to)Tj /TT1 1 Tf 3.746 0.003 Td ( )Tj -57.082 -1.2 Td ( )Tj 7.937 0 Td ( )Tj /TT0 1 Tf 3.17 -0.003 Td (as of)Tj /TT1 1 Tf 3.889 0.003 Td ( )Tj 0.418 0 Td ( )Tj 1.253 0 Td ( )Tj 1.597 0 Td ( )Tj 1.875 0 Td ( )Tj 0.418 0 Td ( )Tj 1.253 0 Td ( )Tj 1.597 0 Td ( )Tj 1.875 0 Td ( )Tj 0.418 0 Td ( )Tj 1.253 0 Td ( )Tj 1.597 0 Td ( )Tj 1.875 0 Td ( )Tj 0.418 0 Td ( )Tj 1.253 0 Td ( )Tj 1.597 0 Td ( )Tj 1.875 0 Td ( )Tj 0.418 0 Td ( )Tj 1.253 0 Td ( )Tj 1.597 0 Td ( )Tj 1.875 0 Td ( )Tj 0.418 0 Td ( )Tj 1.253 0 Td ( )Tj 1.597 0 Td ( )Tj 1.875 0 Td ( )Tj 0.418 0 Td ( )Tj 1.253 0 Td ( )Tj 1.597 0 Td ( )Tj 1.875 0 Td ( )Tj 0.418 0 Td ( )Tj /TT0 1 Tf 2.347 -0.003 Td (Final)Tj /TT1 1 Tf 3.316 0.003 Td ( )Tj -57.082 -1.3 Td ( )Tj 7.937 0 Td ( )Tj /TT0 1 Tf 1.253 0.097 Td (June 30, 2006)Tj /TT1 1 Tf 5.806 -0.097 Td ( )Tj 0.418 0 Td ( )Tj /TT0 1 Tf 1.99 0.097 Td (2006)Tj /TT1 1 Tf 2.736 -0.097 Td ( )Tj 0.418 0 Td ( )Tj /TT0 1 Tf 1.99 0.097 Td (2007)Tj /TT1 1 Tf 2.736 -0.097 Td ( )Tj 0.418 0 Td ( )Tj /TT0 1 Tf 1.99 0.097 Td (2008)Tj /TT1 1 Tf 2.736 -0.097 Td ( )Tj 0.418 0 Td ( )Tj /TT0 1 Tf 1.99 0.097 Td (2009)Tj /TT1 1 Tf 2.736 -0.097 Td ( )Tj 0.418 0 Td ( )Tj /TT0 1 Tf 1.99 0.097 Td (2010)Tj /TT1 1 Tf 2.736 -0.097 Td ( )Tj 0.418 0 Td ( )Tj /TT0 1 Tf 1.99 0.097 Td (2011)Tj /TT1 1 Tf 2.736 -0.097 Td ( )Tj 0.418 0 Td ( )Tj /TT0 1 Tf 1.99 0.097 Td (2012)Tj /TT1 1 Tf 2.736 -0.097 Td ( )Tj 0.418 0 Td ( )Tj /TT0 1 Tf 1.514 0.097 Td (Maturity)Tj /TT1 1 Tf 4.149 -0.097 Td ( )Tj 12.5 0 0 12.5 25 239.3315 Tm (Treasury )Tj 0 -1.2 TD (bills)Tj 10.625 0 0 10.625 46.5375 224.3315 Tm (\(2\))Tj 12.5 0 0 12.5 89.3734 224.3315 Tm ( )Tj 1.003 0 Td ( )Tj 3.145 0 Td (351 )Tj 1.834 0 Td ( )Tj 1.003 0 Td ( )Tj 1.778 0 Td (16 )Tj 1.334 0 Td ( )Tj 1.003 0 Td ( )Tj 1.278 0 Td (267 )Tj 1.834 0 Td ( )Tj 1.003 0 Td ( )Tj 1.778 0 Td (68 )Tj 1.334 0 Td ( )Tj 1.003 0 Td ( )Tj 2.278 0 Td (0 )Tj 0.834 0 Td ( )Tj 1.003 0 Td ( )Tj 2.278 0 Td (0 )Tj 0.834 0 Td ( )Tj 1.003 0 Td ( )Tj 2.278 0 Td (0 )Tj 0.834 0 Td ( )Tj 1.003 0 Td ( )Tj 2.278 0 Td (0 )Tj 0.834 0 Td ( )Tj 1.003 0 Td ( )Tj 3.028 0 Td (0 )Tj -43.966 -1.2 Td (Treasury )Tj T* (Bonds)Tj 10.625 0 0 10.625 56.95 194.3315 Tm (\(3\))Tj 12.5 0 0 12.5 89.3734 194.3315 Tm ( )Tj 1.003 0 Td ( )Tj 2.395 0 Td (2,860 )Tj 2.584 0 Td ( )Tj 1.003 0 Td ( )Tj 1.278 0 Td (164 )Tj 1.834 0 Td ( )Tj 1.003 0 Td ( )Tj 1.778 0 Td (81 )Tj 1.334 0 Td ( )Tj 1.003 0 Td ( )Tj 1.278 0 Td (108 )Tj 1.834 0 Td ( )Tj 1.003 0 Td ( )Tj 1.278 0 Td (100 )Tj 1.834 0 Td ( )Tj 1.003 0 Td ( )Tj 1.278 0 Td (324 )Tj 1.834 0 Td ( )Tj 1.003 0 Td ( )Tj 1.278 0 Td (193 )Tj 1.834 0 Td ( )Tj 1.003 0 Td ( )Tj 1.278 0 Td (256 )Tj 1.834 0 Td ( )Tj 1.003 0 Td ( )Tj 1.278 0 Td (1,635 )Tj -42.216 -1.2 Td (Other )Tj T* (Liabilities)Tj 10.625 0 0 10.625 75.7 164.3315 Tm (\(4\))Tj 12.5 0 0 12.5 89.3734 164.3315 Tm ( )Tj 1.003 0 Td ( )Tj 3.145 0 Td (934 )Tj 1.834 0 Td ( )Tj 1.003 0 Td ( )Tj 1.778 0 Td (46 )Tj 1.334 0 Td ( )Tj 1.003 0 Td ( )Tj 1.278 0 Td (176 )Tj 1.834 0 Td ( )Tj 1.003 0 Td ( )Tj 1.278 0 Td (136 )Tj 1.834 0 Td ( )Tj 1.003 0 Td ( )Tj 1.278 0 Td (220 )Tj 1.834 0 Td ( )Tj 1.003 0 Td ( )Tj 1.778 0 Td (42 )Tj 1.334 0 Td ( )Tj 1.003 0 Td ( )Tj 2.278 0 Td (4 )Tj 0.834 0 Td ( )Tj 1.003 0 Td ( )Tj 2.278 0 Td (0 )Tj 0.834 0 Td ( )Tj 1.003 0 Td ( )Tj 2.028 0 Td (309 )Tj 1 0 0 1 25 158.7947 Tm ( )Tj 64.373 0 Td ( )Tj 70.343 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 4.178 0 Td ( )Tj 47.008 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 4.178 0 Td ( )Tj 47.008 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 4.178 0 Td ( )Tj 47.008 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 4.178 0 Td ( )Tj 47.008 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 4.178 0 Td ( )Tj 47.008 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 4.178 0 Td ( )Tj 47.008 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 4.178 0 Td ( )Tj 47.008 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 4.178 0 Td ( )Tj 56.383 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 12.5 0 0 12.5 40 132.1315 Tm (Total)Tj 3.95 0 Td ( )Tj 1.003 0 Td (US$)Tj 2.395 0 Td (4,145 )Tj 2.584 0 Td ( )Tj 1.003 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (226 )Tj 1.834 0 Td ( )Tj 1.003 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (524 )Tj 1.834 0 Td ( )Tj 1.003 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (312 )Tj 1.834 0 Td ( )Tj 1.003 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (320 )Tj 1.834 0 Td ( )Tj 1.003 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (367 )Tj 1.834 0 Td ( )Tj 1.003 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (197 )Tj 1.834 0 Td ( )Tj 1.003 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (256 )Tj 1.834 0 Td ( )Tj 1.003 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (1,944 )Tj 1 0 0 1 25 125.5947 Tm ( )Tj 64.373 0 Td ( )Tj 70.343 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 4.178 0 Td ( )Tj 47.008 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 4.178 0 Td ( )Tj 47.008 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 4.178 0 Td ( )Tj 47.008 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 4.178 0 Td ( )Tj 47.008 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 4.178 0 Td ( )Tj 47.008 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 4.178 0 Td ( )Tj 47.008 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 4.178 0 Td ( )Tj 47.008 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 4.178 0 Td ( )Tj 56.383 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 3.75 0 0 3.75 10 99.5122 Tm ( )Tj 12.5 0 0 12.5 10 87.4315 Tm (\(1\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (Preliminary data.)Tj 3.75 0 0 3.75 10 80.0122 Tm ( )Tj 12.5 0 0 12.5 10 67.9315 Tm (\(2\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (Includes foreign and local currency denominated Treasury bills.)Tj 3.75 0 0 3.75 10 60.5122 Tm ( )Tj 12.5 0 0 12.5 10 48.4315 Tm (\(3\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (Includes foreign and local currency denominated Treasury bonds and Eurob\ onds.)Tj 3.75 0 0 3.75 10 41.0122 Tm ( )Tj ET EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(36 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 687 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n BT /TT0 1 Tf 12.5 0 0 12.5 10 805.1705 Tm (\(4\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (Includes Brady bonds.)Tj /TT1 1 Tf -1.84 -1.803 Td (Source)Tj /TT0 1 Tf (: Banco Central. )Tj 22.055 -2.72 Td (S-20 )Tj ET 0.5 0.5 0.5 rg 10 716.465 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(37 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 688 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /WebCaptureBG BMC /WebCaptureFN <>BDC q 0 18 595 806 re W* n /Artifact <>BDC Q 301.924 664.992 m 431.703 664.992 l 431.703 665.992 l 301.924 665.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 455.257 664.992 m 585 664.992 l 585 665.992 l 455.257 665.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 639.992 m 198.428 639.992 l 198.428 640.992 l 10 640.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 221.981 639.992 m 278.371 639.992 l 278.371 640.992 l 221.981 640.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 301.924 639.992 m 359.073 639.992 l 359.073 640.992 l 301.924 640.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 382.626 639.992 m 431.703 639.992 l 431.703 640.992 l 382.626 640.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 455.257 639.992 m 512.369 639.992 l 512.369 640.992 l 455.257 640.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 535.923 639.992 m 585 639.992 l 585 640.992 l 535.923 640.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 624.992 188.428 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 198.428 624.992 23.553 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 221.981 624.992 14.132 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 236.113 624.992 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 264.238 624.992 14.132 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 278.371 624.992 23.553 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 301.924 624.992 14.132 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 316.056 624.992 28.884 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 344.941 624.992 14.132 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 359.073 624.992 23.553 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 382.626 624.992 14.132 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 396.758 624.992 20.813 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 417.571 624.992 14.132 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 431.703 624.992 23.553 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 455.257 624.992 14.132 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 469.389 624.992 28.849 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 498.237 624.992 14.132 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 512.369 624.992 23.553 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 535.923 624.992 14.132 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 550.055 624.992 20.813 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 570.868 624.992 14.132 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 594.992 188.428 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 198.428 594.992 23.553 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 221.981 594.992 14.132 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 236.113 594.992 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 264.238 594.992 14.132 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 278.371 594.992 23.553 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 301.924 594.992 14.132 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 316.056 594.992 28.884 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 344.941 594.992 14.132 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 359.073 594.992 23.553 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 382.626 594.992 14.132 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 396.758 594.992 20.813 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 417.571 594.992 14.132 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 431.703 594.992 23.553 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 455.257 594.992 14.132 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 469.389 594.992 28.849 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 498.237 594.992 14.132 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 512.369 594.992 23.553 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 535.923 594.992 14.132 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 550.055 594.992 20.813 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 570.868 594.992 14.132 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 564.992 188.428 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 198.428 564.992 23.553 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 221.981 564.992 14.132 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 236.113 564.992 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 264.238 564.992 14.132 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 278.371 564.992 23.553 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 301.924 564.992 14.132 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 316.056 564.992 28.884 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 344.941 564.992 14.132 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 359.073 564.992 23.553 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 382.626 564.992 14.132 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 396.758 564.992 20.813 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 417.571 564.992 14.132 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 431.703 564.992 23.553 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 455.257 564.992 14.132 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 469.389 564.992 28.849 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 498.237 564.992 14.132 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 512.369 564.992 23.553 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 535.923 564.992 14.132 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 550.055 564.992 20.813 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 570.868 564.992 14.132 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 10 529.992 m 113.5 529.992 l 113.5 528.992 l 10 528.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 145.698 346.403 m 198.495 346.403 l 198.495 347.403 l 145.698 347.403 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 219.055 346.403 m 271.853 346.403 l 271.853 347.403 l 219.055 347.403 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 292.413 346.403 m 345.21 346.403 l 345.21 347.403 l 292.413 347.403 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 365.771 346.403 m 424.818 346.403 l 424.818 347.403 l 365.771 347.403 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 445.378 346.403 m 504.425 346.403 l 504.425 347.403 l 445.378 347.403 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 524.986 346.403 m 585 346.403 l 585 347.403 l 524.986 347.403 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 316.403 115.138 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 125.138 316.403 20.56 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 145.698 316.403 12.336 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 158.034 316.403 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 186.159 316.403 12.336 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 198.495 316.403 20.56 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 219.055 316.403 12.336 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 231.392 316.403 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 259.517 316.403 12.336 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 271.853 316.403 20.56 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 292.413 316.403 12.336 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 304.749 316.403 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 332.874 316.403 12.336 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 345.21 316.403 20.56 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 365.771 316.403 12.336 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 378.107 316.403 34.375 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 412.482 316.403 12.336 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 424.818 316.403 20.56 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 445.378 316.403 12.336 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 457.714 316.403 34.375 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 492.089 316.403 12.336 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 504.425 316.403 20.56 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 524.986 316.403 12.336 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 537.322 316.403 35.098 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 572.42 316.403 12.58 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 286.403 115.138 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 125.138 286.403 20.56 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 145.698 286.403 12.336 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 158.034 286.403 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 186.159 286.403 12.336 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 198.495 286.403 20.56 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 219.055 286.403 12.336 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 231.392 286.403 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 259.517 286.403 12.336 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 271.853 286.403 20.56 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 292.413 286.403 12.336 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 304.749 286.403 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 332.874 286.403 12.336 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 345.21 286.403 20.56 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 365.771 286.403 12.336 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 378.107 286.403 34.375 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 412.482 286.403 12.336 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 424.818 286.403 20.56 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 445.378 286.403 12.336 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 457.714 286.403 34.375 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 492.089 286.403 12.336 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 504.425 286.403 20.56 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 524.986 286.403 12.336 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 537.322 286.403 35.098 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 572.42 286.403 12.58 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 241.403 115.138 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 125.138 241.403 20.56 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 145.698 241.403 12.336 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 158.034 241.403 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 186.159 241.403 12.336 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 198.495 241.403 20.56 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 219.055 241.403 12.336 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 231.392 241.403 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 259.517 241.403 12.336 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 271.853 241.403 20.56 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 292.413 241.403 12.336 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 304.749 241.403 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 332.874 241.403 12.336 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 345.21 241.403 20.56 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 365.771 241.403 12.336 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 378.107 241.403 34.375 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 412.482 241.403 12.336 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 424.818 241.403 20.56 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 445.378 241.403 12.336 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 457.714 241.403 34.375 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 492.089 241.403 12.336 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 504.425 241.403 20.56 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 524.986 241.403 12.336 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 537.322 241.403 35.098 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 572.42 241.403 12.58 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 181.403 115.138 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 125.138 181.403 20.56 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 145.698 181.403 12.336 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 158.034 181.403 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 186.159 181.403 12.336 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 198.495 181.403 20.56 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 219.055 181.403 12.336 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 231.392 181.403 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 259.517 181.403 12.336 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 271.853 181.403 20.56 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 292.413 181.403 12.336 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 304.749 181.403 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 332.874 181.403 12.336 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 345.21 181.403 20.56 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 365.771 181.403 12.336 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 378.107 181.403 34.375 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 412.482 181.403 12.336 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 424.818 181.403 20.56 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 445.378 181.403 12.336 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 457.714 181.403 34.375 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 492.089 181.403 12.336 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 504.425 181.403 20.56 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 524.986 181.403 12.336 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 537.322 181.403 35.098 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 572.42 181.403 12.58 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 10 116.403 m 113.5 116.403 l 113.5 115.403 l 10 115.403 l h f EMC EMC EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 749.6628 Tm ( The following table sets forth Uruguayan Treasury securities i\ n circulation as of the dates indicated. )Tj /TT1 1 Tf 15.709 -3.003 Td (Treasury Securities in Circulation)Tj /TT0 1 Tf ( )Tj -1.443 -1.197 Td (\(in millions of US$ at year-end book value\) )Tj -14.265 -1.2 Td ( )Tj 15.074 0 Td ( )Tj 1.884 0 Td ( )Tj 1.131 0 Td ( )Tj 2.25 0 Td ( )Tj 1.131 0 Td ( )Tj 1.884 0 Td ( )Tj 1.131 0 Td ( )Tj 2.311 0 Td ( )Tj 1.131 0 Td ( )Tj 1.884 0 Td ( )Tj 1.131 0 Td ( )Tj 1.665 0 Td ( )Tj 1.131 0 Td ( )Tj 1.884 0 Td ( )Tj 1.131 0 Td ( )Tj 2.308 0 Td ( )Tj 1.131 0 Td ( )Tj 1.884 0 Td ( )Tj 1.131 0 Td ( )Tj 1.665 0 Td ( )Tj 10 0 0 10 10 668.3287 Tm ( )Tj 18.843 0 Td ( )Tj 2.355 0 Td ( )Tj 1.413 0 Td ( )Tj 2.813 0 Td ( )Tj 1.413 0 Td ( )Tj /TT1 1 Tf 4.998 0.097 Td (Foreign Currency)Tj /TT0 1 Tf 10.335 -0.097 Td ( )Tj /TT1 1 Tf 7.676 0.097 Td (Pesos)Tj /TT0 1 Tf -49.846 -1.297 Td ( )Tj 18.843 0 Td ( )Tj 2.355 0 Td ( )Tj 1.413 0 Td ( )Tj 2.813 0 Td ( )Tj 1.413 0 Td ( )Tj /TT1 1 Tf 3.241 -0.003 Td (Treasury)Tj /TT0 1 Tf 4.829 0.003 Td ( )Tj /TT1 1 Tf 2.837 -0.003 Td (Treasury)Tj /TT0 1 Tf 4.426 0.003 Td ( )Tj /TT1 1 Tf 3.239 -0.003 Td (Treasury)Tj /TT0 1 Tf 4.828 0.003 Td ( )Tj /TT1 1 Tf 2.837 -0.003 Td (Treasury)Tj /TT0 1 Tf -53.074 -1.197 Td (As of December 31,)Tj 18.843 -0.1 Td ( )Tj /TT1 1 Tf 4.036 0.097 Td (Total)Tj /TT0 1 Tf 3.958 -0.097 Td ( )Tj /TT1 1 Tf 3.934 0.097 Td (bonds)Tj /TT0 1 Tf 4.136 -0.097 Td ( )Tj /TT1 1 Tf 3.424 0.097 Td (bills)Tj 8.5 0 0 8.5 411.1042 644.2954 Tm (\(1\))Tj /TT0 1 Tf 10 0 0 10 431.7032 643.3287 Tm ( )Tj /TT1 1 Tf 3.932 0.097 Td (bonds)Tj /TT0 1 Tf 4.134 -0.097 Td ( )Tj /TT1 1 Tf 3.92 0.097 Td (bills)Tj /TT0 1 Tf 12.5 0 0 12.5 25 629.1628 Tm (2001)Tj 13.874 0 Td ( )Tj 1.884 0 Td ( )Tj 1.131 0 Td (5,504 )Tj 3.381 0 Td ( )Tj 1.884 0 Td ( )Tj 1.191 0 Td (4,937 )Tj 3.381 0 Td ( )Tj 1.884 0 Td ( )Tj 1.296 0 Td (515 )Tj 2.631 0 Td ( )Tj 1.884 0 Td ( )Tj 2.938 0 Td (0 )Tj 1.631 0 Td ( )Tj 1.884 0 Td ( )Tj 1.796 0 Td (52 )Tj -42.669 -1.2 Td (2002)Tj 13.874 0 Td ( )Tj 1.884 0 Td ( )Tj 1.131 0 Td (5,680 )Tj 3.381 0 Td ( )Tj 1.884 0 Td ( )Tj 1.191 0 Td (5,101 )Tj 3.381 0 Td ( )Tj 1.884 0 Td ( )Tj 1.296 0 Td (287 )Tj 2.631 0 Td ( )Tj 1.884 0 Td ( )Tj 1.938 0 Td (178 )Tj 2.631 0 Td ( )Tj 1.884 0 Td ( )Tj 1.296 0 Td (113 )Tj -42.169 -1.2 Td (2003)Tj 13.874 0 Td ( )Tj 1.884 0 Td ( )Tj 1.131 0 Td (6,485 )Tj 3.381 0 Td ( )Tj 1.884 0 Td ( )Tj 1.191 0 Td (5,191 )Tj 3.381 0 Td ( )Tj 1.884 0 Td ( )Tj 1.296 0 Td (488 )Tj 2.631 0 Td ( )Tj 1.884 0 Td ( )Tj 1.938 0 Td (486 )Tj 2.631 0 Td ( )Tj 1.884 0 Td ( )Tj 1.296 0 Td (321 )Tj -42.169 -1.2 Td (2004)Tj 13.874 0 Td ( )Tj 1.884 0 Td ( )Tj 1.131 0 Td (6,689 )Tj 3.381 0 Td ( )Tj 1.884 0 Td ( )Tj 1.191 0 Td (4,988 )Tj 3.381 0 Td ( )Tj 1.884 0 Td ( )Tj 1.296 0 Td (570 )Tj 2.631 0 Td ( )Tj 1.884 0 Td ( )Tj 1.188 0 Td (1,054 )Tj 3.381 0 Td ( )Tj 1.884 0 Td ( )Tj 1.796 0 Td (76 )Tj -42.669 -1.2 Td (2005)Tj 13.874 0 Td ( )Tj 1.884 0 Td ( )Tj 1.131 0 Td (7,727 )Tj 3.381 0 Td ( )Tj 1.884 0 Td ( )Tj 1.191 0 Td (5,848 )Tj 3.381 0 Td ( )Tj 1.884 0 Td ( )Tj 1.296 0 Td (465 )Tj 2.631 0 Td ( )Tj 1.884 0 Td ( )Tj 1.188 0 Td (1,366 )Tj 3.381 0 Td ( )Tj 1.884 0 Td ( )Tj 1.796 0 Td (48 )Tj -42.669 -1.2 Td (Jun-06)Tj 13.874 0 Td ( )Tj 1.884 0 Td ( )Tj 1.131 0 Td (8,803 )Tj 3.381 0 Td ( )Tj 1.884 0 Td ( )Tj 1.191 0 Td (6,909 )Tj 3.381 0 Td ( )Tj 1.884 0 Td ( )Tj 1.296 0 Td (430 )Tj 2.631 0 Td ( )Tj 1.884 0 Td ( )Tj 1.188 0 Td (1,436 )Tj 3.381 0 Td ( )Tj 1.884 0 Td ( )Tj 1.796 0 Td (27 )Tj 3.75 0 0 3.75 10 525.7435 Tm ( )Tj 12.5 0 0 12.5 10 513.6628 Tm (\(1\))Tj 6.668 0 Td ( )Tj 2.223 0 Td (Nominal value)Tj /TT2 1 Tf -8.891 -1.803 Td (Source)Tj /TT0 1 Tf (: Banco Central. )Tj 0 -1.804 TD ( )Tj /TT3 1 Tf (External debt)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( The following table sets forth information regarding gross pub\ lic external debt incurred by the government )Tj 0 -1.2 TD (in the periods indicated. )Tj /TT1 1 Tf 17.125 -3.003 Td (Gross Public External Debt)Tj /TT0 1 Tf ( )Tj -4.817 -1.197 Td (\(in millions of US$ at period end except percentages\) )Tj -12.307 -1.2 Td ( )Tj 9.211 0 Td ( )Tj 1.645 0 Td ( )Tj 0.987 0 Td ( )Tj 2.25 0 Td ( )Tj 0.987 0 Td ( )Tj 1.645 0 Td ( )Tj 0.987 0 Td ( )Tj 2.25 0 Td ( )Tj 0.987 0 Td ( )Tj 1.645 0 Td ( )Tj 0.987 0 Td ( )Tj 2.25 0 Td ( )Tj 0.987 0 Td ( )Tj 1.645 0 Td ( )Tj 0.987 0 Td ( )Tj 2.75 0 Td ( )Tj 0.987 0 Td ( )Tj 1.645 0 Td ( )Tj 0.987 0 Td ( )Tj 2.75 0 Td ( )Tj 0.987 0 Td ( )Tj 1.645 0 Td ( )Tj 0.987 0 Td ( )Tj 2.808 0 Td ( )Tj 10 0 0 10 10 349.739 Tm ( )Tj 11.514 0 Td ( )Tj /TT1 1 Tf 3.696 0.097 Td (2001)Tj /TT0 1 Tf 3.64 -0.097 Td ( )Tj /TT1 1 Tf 3.696 0.097 Td (2002)Tj /TT0 1 Tf 3.64 -0.097 Td ( )Tj /TT1 1 Tf 3.696 0.097 Td (2003)Tj /TT0 1 Tf 3.64 -0.097 Td ( )Tj /TT1 1 Tf 4.008 0.097 Td (2004)Tj /TT0 1 Tf 3.952 -0.097 Td ( )Tj /TT1 1 Tf 3.513 0.097 Td (2005)Tj 8.5 0 0 8.5 479.9463 350.7057 Tm (\(1\))Tj /TT0 1 Tf 10 0 0 10 504.4255 349.739 Tm ( )Tj /TT1 1 Tf 2.408 0.097 Td (June 2006)Tj 8.5 0 0 8.5 571.5674 350.7057 Tm (\(1\))Tj /TT0 1 Tf 12.5 0 0 12.5 25 335.5731 Tm (Non-financial )Tj 0 -1.2 TD (public sector)Tj 8.011 0 Td ( )Tj 1.645 0 Td ( )Tj 0.987 0 Td (5,208 )Tj 3.237 0 Td ( )Tj 1.645 0 Td ( )Tj 0.987 0 Td (7,737 )Tj 3.237 0 Td ( )Tj 1.645 0 Td ( )Tj 0.987 0 Td (8,787 )Tj 3.237 0 Td ( )Tj 1.645 0 Td ( )Tj 1.487 0 Td (9,172 )Tj 3.237 0 Td ( )Tj 1.645 0 Td ( )Tj 1.487 0 Td (9,335 )Tj 3.237 0 Td ( )Tj 1.645 0 Td ( )Tj 1.545 0 Td (9,683 )Tj -40.344 -1.2 Td (Of which:)Tj 6.811 0 Td ( )Tj 1.645 0 Td ( )Tj 0.987 0 Td ( )Tj 2.25 0 Td ( )Tj 0.987 0 Td ( )Tj 1.645 0 Td ( )Tj 0.987 0 Td ( )Tj 2.25 0 Td ( )Tj 0.987 0 Td ( )Tj 1.645 0 Td ( )Tj 0.987 0 Td ( )Tj 2.25 0 Td ( )Tj 0.987 0 Td ( )Tj 1.645 0 Td ( )Tj 0.987 0 Td ( )Tj 2.75 0 Td ( )Tj 0.987 0 Td ( )Tj 1.645 0 Td ( )Tj 0.987 0 Td ( )Tj 2.75 0 Td ( )Tj 0.987 0 Td ( )Tj 1.645 0 Td ( )Tj 0.987 0 Td ( )Tj 2.808 0 Td ( )Tj -41.394 -1.2 Td (Treasury bills)Tj 5.611 0 Td ( )Tj 1.645 0 Td ( )Tj 2.237 0 Td (81 )Tj 1.987 0 Td ( )Tj 1.645 0 Td ( )Tj 2.737 0 Td (6 )Tj 1.487 0 Td ( )Tj 1.645 0 Td ( )Tj 2.237 0 Td (37 )Tj 1.987 0 Td ( )Tj 1.645 0 Td ( )Tj 2.737 0 Td (39 )Tj 1.987 0 Td ( )Tj 1.645 0 Td ( )Tj 2.737 0 Td (14 )Tj 1.987 0 Td ( )Tj 1.645 0 Td ( )Tj 3.295 0 Td (5 )Tj -40.894 -1.2 Td (Treasury )Tj 0 -1.2 TD (bonds)Tj 5.611 0 Td ( )Tj 1.645 0 Td ( )Tj 0.987 0 Td (2,639 )Tj 3.237 0 Td ( )Tj 1.645 0 Td ( )Tj 0.987 0 Td (2,948 )Tj 3.237 0 Td ( )Tj 1.645 0 Td ( )Tj 0.987 0 Td (3,504 )Tj 3.237 0 Td ( )Tj 1.645 0 Td ( )Tj 1.487 0 Td (3,936 )Tj 3.237 0 Td ( )Tj 1.645 0 Td ( )Tj 1.487 0 Td (4,370 )Tj 3.237 0 Td ( )Tj 1.645 0 Td ( )Tj 1.545 0 Td (5,210 )Tj -41.544 -1.2 Td (Central Bank)Tj 8.011 0 Td ( )Tj 1.645 0 Td ( )Tj 1.737 0 Td (621 )Tj 2.487 0 Td ( )Tj 1.645 0 Td ( )Tj 1.737 0 Td (562 )Tj 2.487 0 Td ( )Tj 1.645 0 Td ( )Tj 1.737 0 Td (770 )Tj 2.487 0 Td ( )Tj 1.645 0 Td ( )Tj 1.487 0 Td (1,035 )Tj 3.237 0 Td ( )Tj 1.645 0 Td ( )Tj 2.237 0 Td (842 )Tj 2.487 0 Td ( )Tj 1.645 0 Td ( )Tj 2.295 0 Td (684 )Tj -42.294 -1.2 Td (Gross public )Tj 0 -1.2 TD (external debt)Tj 8.011 0 Td ( )Tj 1.645 0 Td ( )Tj 0.987 0 Td (5,829 )Tj 3.237 0 Td ( )Tj 1.645 0 Td ( )Tj 0.987 0 Td (8,299 )Tj 3.237 0 Td ( )Tj 1.645 0 Td ( )Tj 0.987 0 Td (9,558 )Tj 3.237 0 Td ( )Tj 1.645 0 Td ( )Tj 0.987 0 Td (10,206 )Tj 3.737 0 Td ( )Tj 1.645 0 Td ( )Tj 0.987 0 Td (10,177 )Tj 3.737 0 Td ( )Tj 1.645 0 Td ( )Tj 1.045 0 Td (10,367 )Tj -41.044 -1.2 Td (Gross public )Tj T* (external debt/GDP)Tj 8.011 0 Td ( )Tj 2.382 0 Td ( )Tj 1.5 0 Td (31%)Tj 1.987 0 Td ( )Tj 2.382 0 Td ( )Tj 1.5 0 Td (68%)Tj 1.987 0 Td ( )Tj 2.382 0 Td ( )Tj 1.5 0 Td (85%)Tj 1.987 0 Td ( )Tj 2.382 0 Td ( )Tj 2 0 Td (77%)Tj 1.987 0 Td ( )Tj 2.382 0 Td ( )Tj 2 0 Td (61%)Tj 1.987 0 Td ( )Tj 2.382 0 Td ( )Tj 2.058 0 Td (57%)Tj -42.794 -1.2 Td (Gross public )Tj T* (external debt/ )Tj T* (exports)Tj 8.011 0 Td ( )Tj 1.645 0 Td ( )Tj 1.987 0 Td (1.8 )Tj 2.237 0 Td ( )Tj 1.645 0 Td ( )Tj 1.987 0 Td (3.1 )Tj 2.237 0 Td ( )Tj 1.645 0 Td ( )Tj 1.987 0 Td (3.1 )Tj 2.237 0 Td ( )Tj 1.645 0 Td ( )Tj 2.487 0 Td (2.5 )Tj 2.237 0 Td ( )Tj 1.645 0 Td ( )Tj 2.487 0 Td (2.0 )Tj 2.237 0 Td ( )Tj 1.645 0 Td ( )Tj 2.545 0 Td (1.9 )Tj 3.75 0 0 3.75 10 112.1538 Tm ( )Tj 12.5 0 0 12.5 10 100.0731 Tm (\(1\))Tj 6.668 0 Td ( )Tj 2.223 0 Td (Preliminary data.)Tj /TT2 1 Tf -8.891 -1.803 Td (Source)Tj /TT0 1 Tf (: Banco Central. )Tj 22.055 -2.72 Td (S-21 )Tj ET EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(38 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 689 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0.5 0.5 0.5 rg 10 791.368 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(39 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 690 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /WebCaptureBG BMC /WebCaptureFN <>BDC q 0 18 595 806 re W* n /Artifact <>BDC Q 160.382 637.992 m 204.482 637.992 l 204.482 638.992 l 160.382 638.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 231.824 637.992 m 275.924 637.992 l 275.924 638.992 l 231.824 638.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 303.266 637.992 m 347.366 637.992 l 347.366 638.992 l 303.266 638.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 374.709 637.992 m 425.059 637.992 l 425.059 638.992 l 374.709 638.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 452.401 637.992 m 502.751 637.992 l 502.751 638.992 l 452.401 638.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 530.093 637.992 m 580.443 637.992 l 580.443 638.992 l 530.093 638.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 607.992 127.597 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 137.597 607.992 22.785 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 160.382 607.992 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 176.357 607.992 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 204.482 607.992 4.557 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 209.039 607.992 22.785 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 231.824 607.992 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 247.799 607.992 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 275.924 607.992 4.557 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 280.481 607.992 22.785 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 303.266 607.992 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 319.241 607.992 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 347.366 607.992 4.557 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 351.923 607.992 22.785 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 374.709 607.992 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 390.684 607.992 34.375 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 425.059 607.992 4.557 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 429.616 607.992 22.785 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 452.401 607.992 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 468.376 607.992 34.375 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 502.751 607.992 4.557 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 507.308 607.992 22.785 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 530.093 607.992 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 546.068 607.992 34.375 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 580.443 607.992 4.557 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 547.992 127.597 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 137.597 547.992 22.785 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 160.382 547.992 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 176.357 547.992 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 204.482 547.992 4.557 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 209.039 547.992 22.785 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 231.824 547.992 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 247.799 547.992 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 275.924 547.992 4.557 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 280.481 547.992 22.785 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 303.266 547.992 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 319.241 547.992 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 347.366 547.992 4.557 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 351.923 547.992 22.785 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 374.709 547.992 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 390.684 547.992 34.375 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 425.059 547.992 4.557 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 429.616 547.992 22.785 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 452.401 547.992 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 468.376 547.992 34.375 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 502.751 547.992 4.557 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 507.308 547.992 22.785 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 530.093 547.992 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 546.068 547.992 34.375 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 580.443 547.992 4.557 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 517.992 127.597 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 137.597 517.992 22.785 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 160.382 517.992 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 176.357 517.992 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 204.482 517.992 4.557 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 209.039 517.992 22.785 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 231.824 517.992 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 247.799 517.992 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 275.924 517.992 4.557 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 280.481 517.992 22.785 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 303.266 517.992 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 319.241 517.992 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 347.366 517.992 4.557 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 351.923 517.992 22.785 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 374.709 517.992 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 390.684 517.992 34.375 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 425.059 517.992 4.557 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 429.616 517.992 22.785 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 452.401 517.992 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 468.376 517.992 34.375 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 502.751 517.992 4.557 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 507.308 517.992 22.785 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 530.093 517.992 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 546.068 517.992 34.375 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 580.443 517.992 4.557 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 457.992 127.597 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 137.597 457.992 22.785 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 160.382 457.992 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 176.357 457.992 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 204.482 457.992 4.557 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 209.039 457.992 22.785 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 231.824 457.992 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 247.799 457.992 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 275.924 457.992 4.557 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 280.481 457.992 22.785 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 303.266 457.992 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 319.241 457.992 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 347.366 457.992 4.557 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 351.923 457.992 22.785 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 374.709 457.992 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 390.684 457.992 34.375 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 425.059 457.992 4.557 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 429.616 457.992 22.785 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 452.401 457.992 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 468.376 457.992 34.375 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 502.751 457.992 4.557 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 507.308 457.992 22.785 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 530.093 457.992 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 546.068 457.992 34.375 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 580.443 457.992 4.557 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 160.382 457.992 m 204.482 457.992 l 204.482 456.992 l 160.382 456.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 231.824 457.992 m 275.924 457.992 l 275.924 456.992 l 231.824 456.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 303.266 457.992 m 347.366 457.992 l 347.366 456.992 l 303.266 456.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 374.709 457.992 m 425.059 457.992 l 425.059 456.992 l 374.709 456.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 452.401 457.992 m 502.751 457.992 l 502.751 456.992 l 452.401 456.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 530.093 457.992 m 580.443 457.992 l 580.443 456.992 l 530.093 456.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 160.382 425.792 m 204.482 425.792 l 204.482 424.792 l 160.382 424.792 l h f 160.382 423.792 m 204.482 423.792 l 204.482 422.792 l 160.382 422.792 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 231.824 425.792 m 275.924 425.792 l 275.924 424.792 l 231.824 424.792 l h f 231.824 423.792 m 275.924 423.792 l 275.924 422.792 l 231.824 422.792 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 303.266 425.792 m 347.366 425.792 l 347.366 424.792 l 303.266 424.792 l h f 303.266 423.792 m 347.366 423.792 l 347.366 422.792 l 303.266 422.792 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 374.709 425.792 m 425.059 425.792 l 425.059 424.792 l 374.709 424.792 l h f 374.709 423.792 m 425.059 423.792 l 425.059 422.792 l 374.709 422.792 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 452.401 425.792 m 502.751 425.792 l 502.751 424.792 l 452.401 424.792 l h f 452.401 423.792 m 502.751 423.792 l 502.751 422.792 l 452.401 422.792 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 530.093 425.792 m 580.443 425.792 l 580.443 424.792 l 530.093 424.792 l h f 530.093 423.792 m 580.443 423.792 l 580.443 422.792 l 530.093 422.792 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 401.592 m 113.5 401.592 l 113.5 400.592 l 10 400.592 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 160.382 186.557 m 204.482 186.557 l 204.482 187.557 l 160.382 187.557 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 231.824 186.557 m 275.924 186.557 l 275.924 187.557 l 231.824 187.557 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 303.266 186.557 m 347.366 186.557 l 347.366 187.557 l 303.266 187.557 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 374.709 186.557 m 425.059 186.557 l 425.059 187.557 l 374.709 187.557 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 452.401 186.557 m 502.751 186.557 l 502.751 187.557 l 452.401 187.557 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 530.093 186.557 m 580.443 186.557 l 580.443 187.557 l 530.093 187.557 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 156.557 127.597 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 137.597 156.557 22.785 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 160.382 156.557 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 176.357 156.557 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 204.482 156.557 4.557 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 209.039 156.557 22.785 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 231.824 156.557 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 247.799 156.557 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 275.924 156.557 4.557 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 280.481 156.557 22.785 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 303.266 156.557 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 319.241 156.557 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 347.366 156.557 4.557 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 351.923 156.557 22.785 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 374.709 156.557 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 390.684 156.557 34.375 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 425.059 156.557 4.557 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 429.616 156.557 22.785 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 452.401 156.557 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 468.376 156.557 34.375 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 502.751 156.557 4.557 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 507.308 156.557 22.785 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 530.093 156.557 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 546.068 156.557 34.375 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 580.443 156.557 4.557 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 111.557 127.597 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 137.597 111.557 22.785 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 160.382 111.557 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 176.357 111.557 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 204.482 111.557 4.557 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 209.039 111.557 22.785 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 231.824 111.557 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 247.799 111.557 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 275.924 111.557 4.557 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 280.481 111.557 22.785 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 303.266 111.557 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 319.241 111.557 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 347.366 111.557 4.557 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 351.923 111.557 22.785 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 374.709 111.557 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 390.684 111.557 34.375 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 425.059 111.557 4.557 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 429.616 111.557 22.785 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 452.401 111.557 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 468.376 111.557 34.375 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 502.751 111.557 4.557 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 507.308 111.557 22.785 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 530.093 111.557 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 546.068 111.557 34.375 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 580.443 111.557 4.557 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 81.557 127.597 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 137.597 81.557 22.785 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 160.382 81.557 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 176.357 81.557 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 204.482 81.557 4.557 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 209.039 81.557 22.785 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 231.824 81.557 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 247.799 81.557 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 275.924 81.557 4.557 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 280.481 81.557 22.785 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 303.266 81.557 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 319.241 81.557 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 347.366 81.557 4.557 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 351.923 81.557 22.785 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 374.709 81.557 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 390.684 81.557 34.375 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 425.059 81.557 4.557 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 429.616 81.557 22.785 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 452.401 81.557 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 468.376 81.557 34.375 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 502.751 81.557 4.557 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 507.308 81.557 22.785 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 530.093 81.557 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 546.068 81.557 34.375 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 580.443 81.557 4.557 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 51.557 127.597 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 137.597 51.557 22.785 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 160.382 51.557 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 176.357 51.557 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 204.482 51.557 4.557 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 209.039 51.557 22.785 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 231.824 51.557 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 247.799 51.557 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 275.924 51.557 4.557 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 280.481 51.557 22.785 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 303.266 51.557 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 319.241 51.557 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 347.366 51.557 4.557 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 351.923 51.557 22.785 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 374.709 51.557 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 390.684 51.557 34.375 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 425.059 51.557 4.557 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 429.616 51.557 22.785 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 452.401 51.557 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 468.376 51.557 34.375 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 502.751 51.557 4.557 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 507.308 51.557 22.785 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 530.093 51.557 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 546.068 51.557 34.375 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 580.443 51.557 4.557 15 re f EMC EMC EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 749.6628 Tm ( The following table sets forth the total public external debt,\ net of international reserve assets and certain )Tj 0 -1.2 TD (other assets of Banco Central, as of the dates indicated. )Tj /TT1 1 Tf 9.46 -3.003 Td (Total Public External Debt, Net of International Reserve Assets)Tj /TT0 1 Tf ( )Tj 9.498 -1.197 Td (\(in millions of US$\) )Tj -18.958 -1.2 Td ( )Tj 10.208 0 Td ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 0.365 0 Td ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 0.365 0 Td ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 0.365 0 Td ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td ( )Tj 2.75 0 Td ( )Tj 0.365 0 Td ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td ( )Tj 2.75 0 Td ( )Tj 0.365 0 Td ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td ( )Tj 2.75 0 Td ( )Tj 10 0 0 10 10 654.3287 Tm ( )Tj 12.76 0 Td ( )Tj 2.279 0 Td ( )Tj 1.597 0 Td ( )Tj 2.813 0 Td ( )Tj 0.456 0 Td ( )Tj 2.279 0 Td ( )Tj 1.597 0 Td ( )Tj 2.813 0 Td ( )Tj 0.456 0 Td ( )Tj 2.279 0 Td ( )Tj 1.597 0 Td ( )Tj 2.813 0 Td ( )Tj 0.456 0 Td ( )Tj 2.279 0 Td ( )Tj 1.597 0 Td ( )Tj 3.438 0 Td ( )Tj 0.456 0 Td ( )Tj 2.279 0 Td ( )Tj 1.597 0 Td ( )Tj 3.438 0 Td ( )Tj 0.456 0 Td ( )Tj /TT1 1 Tf 3.768 -0.003 Td (June)Tj /TT0 1 Tf 3.546 0.003 Td ( )Tj -57.044 -1.3 Td ( )Tj 12.76 0 Td ( )Tj /TT1 1 Tf 3.484 0.097 Td (2001)Tj /TT0 1 Tf 3.205 -0.097 Td ( )Tj 0.456 0 Td ( )Tj /TT1 1 Tf 3.484 0.097 Td (2002)Tj /TT0 1 Tf 3.205 -0.097 Td ( )Tj 0.456 0 Td ( )Tj /TT1 1 Tf 3.484 0.097 Td (2003)Tj /TT0 1 Tf 3.205 -0.097 Td ( )Tj 0.456 0 Td ( )Tj /TT1 1 Tf 3.796 0.097 Td (2004)Tj /TT0 1 Tf 3.518 -0.097 Td ( )Tj 0.456 0 Td ( )Tj /TT1 1 Tf 3.3 0.097 Td (2005)Tj 8.5 0 0 8.5 482.6203 642.2954 Tm (\(1\))Tj /TT0 1 Tf 10 0 0 10 502.7508 641.3287 Tm ( )Tj 0.456 0 Td ( )Tj /TT1 1 Tf 3.3 0.097 Td (2006)Tj 8.5 0 0 8.5 560.3125 642.2954 Tm (\(1\))Tj /TT0 1 Tf 10 0 0 10 580.443 641.3287 Tm ( )Tj 12.5 0 0 12.5 25 627.1628 Tm (Total Gross public )Tj T* (external debt)Tj 9.008 0 Td ( )Tj 1.823 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (5,829 )Tj 2.615 0 Td ( )Tj 1.823 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (8,299 )Tj 2.615 0 Td ( )Tj 1.823 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (9,558 )Tj 2.615 0 Td ( )Tj 1.823 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (10,206 )Tj 3.115 0 Td ( )Tj 1.823 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (10,177 )Tj 3.115 0 Td ( )Tj 1.823 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (10,367 )Tj -41.685 -1.2 Td (Less public external )Tj 0 -1.2 TD (assets:)Tj 9.008 0 Td ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td (3,447 )Tj 2.615 0 Td ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td (1,691 )Tj 2.615 0 Td ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td (2,758 )Tj 2.615 0 Td ( )Tj 1.823 0 Td ( )Tj 1.778 0 Td (2,963 )Tj 2.615 0 Td ( )Tj 1.823 0 Td ( )Tj 1.778 0 Td (3,887 )Tj 2.615 0 Td ( )Tj 1.823 0 Td ( )Tj 1.778 0 Td (4,226 )Tj -40.985 -1.2 Td (Non-financial )Tj 0 -1.2 TD (public sector)Tj 7.808 0 Td ( )Tj 1.823 0 Td ( )Tj 2.528 0 Td (85 )Tj 1.365 0 Td ( )Tj 1.823 0 Td ( )Tj 2.028 0 Td (632 )Tj 1.865 0 Td ( )Tj 1.823 0 Td ( )Tj 2.028 0 Td (413 )Tj 1.865 0 Td ( )Tj 1.823 0 Td ( )Tj 2.528 0 Td (123 )Tj 1.865 0 Td ( )Tj 1.823 0 Td ( )Tj 2.528 0 Td (200 )Tj 1.865 0 Td ( )Tj 1.823 0 Td ( )Tj 2.528 0 Td (253 )Tj -41.735 -1.2 Td (Central Bank)Tj 7.808 0 Td ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td (3,362 )Tj 2.615 0 Td ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td (1,059 )Tj 2.615 0 Td ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td (2,344 )Tj 2.615 0 Td ( )Tj 1.823 0 Td ( )Tj 1.778 0 Td (2,845 )Tj 2.615 0 Td ( )Tj 1.823 0 Td ( )Tj 1.778 0 Td (3,687 )Tj 2.615 0 Td ( )Tj 1.823 0 Td ( )Tj 1.778 0 Td (3,973 )Tj /TT2 1 Tf -39.785 -1.203 Td (Of which:)Tj /TT0 1 Tf 6.608 0.003 Td ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 0.365 0 Td ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 0.365 0 Td ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 0.365 0 Td ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td ( )Tj 2.75 0 Td ( )Tj 0.365 0 Td ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td ( )Tj 2.75 0 Td ( )Tj 0.365 0 Td ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td ( )Tj 2.75 0 Td ( )Tj -40.835 -1.2 Td (Gross )Tj 0 -1.2 TD (international )Tj T* (reserves)Tj 10.625 0 0 10.625 110.95 477.1628 Tm (\(2\))Tj 12.5 0 0 12.5 137.5969 477.1628 Tm ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td (3,099 )Tj 2.615 0 Td ( )Tj 1.823 0 Td ( )Tj 2.028 0 Td (778 )Tj 1.865 0 Td ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td (2,088 )Tj 2.615 0 Td ( )Tj 1.823 0 Td ( )Tj 1.778 0 Td (2,514 )Tj 2.615 0 Td ( )Tj 1.823 0 Td ( )Tj 1.778 0 Td (3,071 )Tj 2.615 0 Td ( )Tj 1.823 0 Td ( )Tj 1.778 0 Td (3,506 )Tj -38.585 -1.2 Td (Other assets)Tj 5.408 0 Td ( )Tj 1.823 0 Td ( )Tj 2.028 0 Td (263 )Tj 1.865 0 Td ( )Tj 1.823 0 Td ( )Tj 2.028 0 Td (282 )Tj 1.865 0 Td ( )Tj 1.823 0 Td ( )Tj 2.028 0 Td (256 )Tj 1.865 0 Td ( )Tj 1.823 0 Td ( )Tj 2.528 0 Td (332 )Tj 1.865 0 Td ( )Tj 1.823 0 Td ( )Tj 2.528 0 Td (615 )Tj 1.865 0 Td ( )Tj 1.823 0 Td ( )Tj 2.528 0 Td (467 )Tj 1 0 0 1 25 456.6259 Tm ( )Tj 112.597 0 Td ( )Tj 66.635 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 4.557 0 Td ( )Tj 66.635 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 4.557 0 Td ( )Tj 66.635 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 4.557 0 Td ( )Tj 72.885 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 4.557 0 Td ( )Tj 72.885 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 4.557 0 Td ( )Tj 72.885 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 12.5 0 0 12.5 25 444.9628 Tm (Total Public external )Tj 0 -1.2 TD (debt, net of assets)Tj 9.008 0 Td ( )Tj 1.823 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (2,381 )Tj 2.615 0 Td ( )Tj 1.823 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (6,608 )Tj 2.615 0 Td ( )Tj 1.823 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (6,800 )Tj 2.615 0 Td ( )Tj 1.823 1.2 Td (US)Tj T* ($)Tj 1.778 0 Td (7,243 )Tj 2.615 0 Td ( )Tj 1.823 1.2 Td (US)Tj T* ($)Tj 1.778 0 Td (6,290 )Tj 2.615 0 Td ( )Tj 1.823 1.2 Td (US)Tj T* ($)Tj 1.778 0 Td (6,141 )Tj 1 0 0 1 25 423.4259 Tm ( )Tj 112.597 0 Td ( )Tj 66.635 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 4.557 0 Td ( )Tj 66.635 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 4.557 0 Td ( )Tj 66.635 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 4.557 0 Td ( )Tj 72.885 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 4.557 0 Td ( )Tj 72.885 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 4.557 0 Td ( )Tj 72.885 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 3.75 0 0 3.75 10 397.3434 Tm ( )Tj 12.5 0 0 12.5 10 385.2628 Tm (\(1\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (Preliminary data.)Tj 3.75 0 0 3.75 10 377.8434 Tm ( )Tj 12.5 0 0 12.5 10 365.7628 Tm (\(2\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (Gold valued for each period at London market prices at end of period.)Tj 3.75 0 0 3.75 10 358.3434 Tm ( )Tj 12.5 0 0 12.5 10 346.2628 Tm ( )Tj 1.38 0 Td ( )Tj 0.46 0 Td (Data for 2002, 2003 and 2004 does not include US$507.5 million, US$224.1\ million and US$224.1 million )Tj T* (held in the FESB as of December 31, 2002 and 2003, and March 31, 2004.)Tj /TT2 1 Tf -1.84 -1.803 Td (Source)Tj /TT0 1 Tf (: Banco Central. )Tj 0 -1.8 TD ( The following table sets forth information regarding gross pub\ lic external debt by creditor, and the )Tj 0 -1.2 TD (amortization of such debt. )Tj /TT1 1 Tf 14.306 -3.003 Td (Gross Public External Debt, By Creditor)Tj /TT0 1 Tf ( )Tj 1.916 -1.197 Td (\(in millions of US$ at period end\) )Tj -16.222 -1.2 Td ( )Tj 10.208 0 Td ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 0.365 0 Td ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 0.365 0 Td ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 0.365 0 Td ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td ( )Tj 2.75 0 Td ( )Tj 0.365 0 Td ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td ( )Tj 2.75 0 Td ( )Tj 0.365 0 Td ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td ( )Tj 2.75 0 Td ( )Tj 10 0 0 10 10 189.8936 Tm ( )Tj 12.76 0 Td ( )Tj /TT1 1 Tf 3.484 0.097 Td (2001)Tj /TT0 1 Tf 3.205 -0.097 Td ( )Tj 0.456 0 Td ( )Tj /TT1 1 Tf 3.484 0.097 Td (2002)Tj /TT0 1 Tf 3.205 -0.097 Td ( )Tj 0.456 0 Td ( )Tj /TT1 1 Tf 3.484 0.097 Td (2003)Tj /TT0 1 Tf 3.205 -0.097 Td ( )Tj 0.456 0 Td ( )Tj /TT1 1 Tf 3.796 0.097 Td (2004)Tj /TT0 1 Tf 3.518 -0.097 Td ( )Tj 0.456 0 Td ( )Tj /TT1 1 Tf 3.3 0.097 Td (2005)Tj 8.5 0 0 8.5 482.6203 190.8602 Tm (\(1\))Tj /TT0 1 Tf 10 0 0 10 502.7508 189.8936 Tm ( )Tj 0.456 0 Td ( )Tj /TT1 1 Tf 3.324 0.097 Td (Jun-06)Tj /TT0 1 Tf 3.99 -0.097 Td ( )Tj 12.5 0 0 12.5 25 175.7276 Tm (Multilateral )Tj 0 -1.2 TD (Organizations)Tj 9.008 0 Td ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 0.365 0 Td ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 0.365 0 Td ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 0.365 0 Td ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td ( )Tj 2.75 0 Td ( )Tj 0.365 0 Td ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td ( )Tj 2.75 0 Td ( )Tj 0.365 0 Td ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td ( )Tj 2.75 0 Td ( )Tj /TT2 1 Tf -43.235 -1.203 Td (IBRD \(World )Tj 0 -1.2 TD (Bank\))Tj /TT0 1 Tf 7.808 0.003 Td ( )Tj 1.823 1.2 Td (US)Tj T* ($)Tj 2.028 0 Td (566 )Tj 1.865 0 Td ( )Tj 1.823 1.2 Td (US)Tj T* ($)Tj 2.028 0 Td (718 )Tj 1.865 0 Td ( )Tj 1.823 1.2 Td (US)Tj T* ($)Tj 2.028 0 Td (738 )Tj 1.865 0 Td ( )Tj 1.823 1.2 Td (US)Tj T* ($)Tj 2.528 0 Td (803 )Tj 1.865 0 Td ( )Tj 1.823 1.2 Td (US)Tj T* ($)Tj 2.528 0 Td (832 )Tj 1.865 0 Td ( )Tj 1.823 1.2 Td (US)Tj T* ($)Tj 2.528 0 Td (704 )Tj /TT2 1 Tf -41.735 -1.203 Td (IABD)Tj /TT0 1 Tf 7.808 0.003 Td ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td (1,461 )Tj 2.615 0 Td ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td (1,949 )Tj 2.615 0 Td ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td (2,221 )Tj 2.615 0 Td ( )Tj 1.823 0 Td ( )Tj 1.778 0 Td (2,171 )Tj 2.615 0 Td ( )Tj 1.823 0 Td ( )Tj 1.778 0 Td (2,201 )Tj 2.615 0 Td ( )Tj 1.823 0 Td ( )Tj 1.778 0 Td (1,777 )Tj /TT2 1 Tf -40.985 -1.203 Td (IMF)Tj /TT0 1 Tf 7.808 0.003 Td ( )Tj 1.823 0 Td ( )Tj 2.028 0 Td (143 )Tj 1.865 0 Td ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td (1,786 )Tj 2.615 0 Td ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td (2,407 )Tj 2.615 0 Td ( )Tj 1.823 0 Td ( )Tj 1.778 0 Td (2,675 )Tj 2.615 0 Td ( )Tj 1.823 0 Td ( )Tj 1.778 0 Td (2,304 )Tj 2.615 0 Td ( )Tj 1.823 0 Td ( )Tj 1.778 0 Td (1,992 )Tj /TT2 1 Tf -40.985 -1.203 Td (Otros)Tj /TT0 1 Tf 7.808 0.003 Td ( )Tj 1.823 0 Td ( )Tj 2.528 0 Td (47 )Tj 1.365 0 Td ( )Tj 1.823 0 Td ( )Tj 2.528 0 Td (41 )Tj 1.365 0 Td ( )Tj 1.823 0 Td ( )Tj 2.528 0 Td (52 )Tj 1.365 0 Td ( )Tj 1.823 0 Td ( )Tj 3.028 0 Td (65 )Tj 1.365 0 Td ( )Tj 1.823 0 Td ( )Tj 3.028 0 Td (60 )Tj 1.365 0 Td ( )Tj 1.823 0 Td ( )Tj 3.028 0 Td (54 )Tj -43.435 -1.2 Td (Bilateral Creditors)Tj 9.008 0 Td ( )Tj 1.823 0 Td ( )Tj 2.028 0 Td (307 )Tj 1.865 0 Td ( )Tj 1.823 0 Td ( )Tj 2.028 0 Td (257 )Tj 1.865 0 Td ( )Tj 1.823 0 Td ( )Tj 2.028 0 Td (204 )Tj 1.865 0 Td ( )Tj 1.823 0 Td ( )Tj 2.528 0 Td (162 )Tj 1.865 0 Td ( )Tj 1.823 0 Td ( )Tj 2.528 0 Td (127 )Tj 1.865 0 Td ( )Tj 1.823 0 Td ( )Tj 2.528 0 Td (126 )Tj -42.935 -1.2 Td (Commercial banks)Tj 10.625 0 0 10.625 119.0875 55.7276 Tm (\(2\))Tj 12.5 0 0 12.5 137.5969 55.7276 Tm ( )Tj 1.823 0 Td ( )Tj 2.028 0 Td (505 )Tj 1.865 0 Td ( )Tj 1.823 0 Td ( )Tj 2.028 0 Td (511 )Tj 1.865 0 Td ( )Tj 1.823 0 Td ( )Tj 2.028 0 Td (214 )Tj 1.865 0 Td ( )Tj 1.823 0 Td ( )Tj 2.528 0 Td (192 )Tj 1.865 0 Td ( )Tj 1.823 0 Td ( )Tj 3.028 0 Td (45 )Tj 1.365 0 Td ( )Tj 1.823 0 Td ( )Tj 3.028 0 Td (36 )Tj ET EMC /Artifact <>BDC Q 0 0 0 rg BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(40 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 691 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /WebCaptureBG BMC /WebCaptureFN <>BDC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 756 127.597 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 137.597 756 22.785 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 160.382 756 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 176.357 756 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 204.482 756 4.557 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 209.039 756 22.785 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 231.824 756 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 247.799 756 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 275.924 756 4.557 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 280.481 756 22.785 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 303.266 756 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 319.241 756 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 347.366 756 4.557 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 351.923 756 22.785 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 374.709 756 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 390.684 756 34.375 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 425.059 756 4.557 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 429.616 756 22.785 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 452.401 756 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 468.376 756 34.375 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 502.751 756 4.557 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 507.308 756 22.785 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 530.093 756 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 546.068 756 34.375 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 580.443 756 4.557 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 726 127.597 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 137.597 726 22.785 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 160.382 726 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 176.357 726 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 204.482 726 4.557 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 209.039 726 22.785 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 231.824 726 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 247.799 726 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 275.924 726 4.557 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 280.481 726 22.785 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 303.266 726 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 319.241 726 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 347.366 726 4.557 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 351.923 726 22.785 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 374.709 726 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 390.684 726 34.375 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 425.059 726 4.557 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 429.616 726 22.785 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 452.401 726 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 468.376 726 34.375 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 502.751 726 4.557 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 507.308 726 22.785 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 530.093 726 15.975 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 546.068 726 34.375 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 580.443 726 4.557 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 160.382 711 m 204.482 711 l 204.482 710 l 160.382 710 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 231.824 711 m 275.924 711 l 275.924 710 l 231.824 710 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 303.266 711 m 347.366 711 l 347.366 710 l 303.266 710 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 374.709 711 m 425.059 711 l 425.059 710 l 374.709 710 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 452.401 711 m 502.751 711 l 502.751 710 l 452.401 710 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 530.093 711 m 580.443 711 l 580.443 710 l 530.093 710 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 678.8 127.597 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 137.597 678.8 22.785 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 160.382 678.8 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 176.357 678.8 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 204.482 678.8 4.557 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 209.039 678.8 22.785 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 231.824 678.8 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 247.799 678.8 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 275.924 678.8 4.557 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 280.481 678.8 22.785 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 303.266 678.8 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 319.241 678.8 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 347.366 678.8 4.557 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 351.923 678.8 22.785 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 374.709 678.8 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 390.684 678.8 34.375 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 425.059 678.8 4.557 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 429.616 678.8 22.785 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 452.401 678.8 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 468.376 678.8 34.375 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 502.751 678.8 4.557 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 507.308 678.8 22.785 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 530.093 678.8 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 546.068 678.8 34.375 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 580.443 678.8 4.557 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 160.382 678.8 m 204.482 678.8 l 204.482 677.8 l 160.382 677.8 l h f 160.382 676.8 m 204.482 676.8 l 204.482 675.8 l 160.382 675.8 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 231.824 678.8 m 275.924 678.8 l 275.924 677.8 l 231.824 677.8 l h f 231.824 676.8 m 275.924 676.8 l 275.924 675.8 l 231.824 675.8 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 303.266 678.8 m 347.366 678.8 l 347.366 677.8 l 303.266 677.8 l h f 303.266 676.8 m 347.366 676.8 l 347.366 675.8 l 303.266 675.8 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 374.709 678.8 m 425.059 678.8 l 425.059 677.8 l 374.709 677.8 l h f 374.709 676.8 m 425.059 676.8 l 425.059 675.8 l 374.709 675.8 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 452.401 678.8 m 502.751 678.8 l 502.751 677.8 l 452.401 677.8 l h f 452.401 676.8 m 502.751 676.8 l 502.751 675.8 l 452.401 675.8 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 530.093 678.8 m 580.443 678.8 l 580.443 677.8 l 530.093 677.8 l h f 530.093 676.8 m 580.443 676.8 l 580.443 675.8 l 530.093 675.8 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 654.6 m 113.5 654.6 l 113.5 653.6 l 10 653.6 l h f EMC EMC EMC /Article <>BDC q 0 18 595 806 re W* n BT /TT0 1 Tf 12.5 0 0 12.5 25 805.1705 Tm (Other non-resident )Tj 0 -1.2 TD (institutions)Tj 9.008 0 Td ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td (2,721 )Tj 2.615 0 Td ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td (2,955 )Tj 2.615 0 Td ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td (3,567 )Tj 2.615 0 Td ( )Tj 1.823 0 Td ( )Tj 1.778 0 Td (3,976 )Tj 2.615 0 Td ( )Tj 1.823 0 Td ( )Tj 1.778 0 Td (4,383 )Tj 2.615 0 Td ( )Tj 1.823 0 Td ( )Tj 1.778 0 Td (5,215 )Tj /TT1 1 Tf -40.985 -1.203 Td (of which holdings )Tj 0 -1.2 TD (of:)Tj /TT0 1 Tf 7.808 0.003 Td ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 0.365 0 Td ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 0.365 0 Td ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 0.365 0 Td ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td ( )Tj 2.75 0 Td ( )Tj 0.365 0 Td ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td ( )Tj 2.75 0 Td ( )Tj 0.365 0 Td ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td ( )Tj 2.75 0 Td ( )Tj /TT1 1 Tf -42.035 -1.203 Td (Treasury bills)Tj /TT0 1 Tf 6.608 0.003 Td ( )Tj 1.823 0 Td ( )Tj 2.528 0 Td (81 )Tj 1.365 0 Td ( )Tj 1.823 0 Td ( )Tj 3.028 0 Td (6 )Tj 0.865 0 Td ( )Tj 1.823 0 Td ( )Tj 2.528 0 Td (37 )Tj 1.365 0 Td ( )Tj 1.823 0 Td ( )Tj 3.028 0 Td (39 )Tj 1.365 0 Td ( )Tj 1.823 0 Td ( )Tj 3.028 0 Td (14 )Tj 1.365 0 Td ( )Tj 1.823 0 Td ( )Tj 3.528 0 Td (5 )Tj /TT1 1 Tf -41.535 -1.203 Td (Treasury bonds)Tj /TT0 1 Tf 6.608 0.003 Td ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td (2,639 )Tj 2.615 0 Td ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td (2,948 )Tj 2.615 0 Td ( )Tj 1.823 0 Td ( )Tj 1.278 0 Td (3,504 )Tj 2.615 0 Td ( )Tj 1.823 0 Td ( )Tj 1.778 0 Td (3,936 )Tj 2.615 0 Td ( )Tj 1.823 0 Td ( )Tj 1.778 0 Td (4,370 )Tj 2.615 0 Td ( )Tj 1.823 0 Td ( )Tj 1.778 0 Td (5,210 )Tj -42.185 -1.2 Td (Suppliers)Tj 9.008 0 Td ( )Tj 1.823 0 Td ( )Tj 2.528 0 Td (77 )Tj 1.365 0 Td ( )Tj 1.823 0 Td ( )Tj 2.528 0 Td (82 )Tj 1.365 0 Td ( )Tj 1.823 0 Td ( )Tj 2.028 0 Td (153 )Tj 1.865 0 Td ( )Tj 1.823 0 Td ( )Tj 2.528 0 Td (162 )Tj 1.865 0 Td ( )Tj 1.823 0 Td ( )Tj 2.528 0 Td (224 )Tj 1.865 0 Td ( )Tj 1.823 0 Td ( )Tj 2.528 0 Td (462 )Tj 1 0 0 1 40 709.6336 Tm ( )Tj 97.597 0 Td ( )Tj 66.635 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 4.557 0 Td ( )Tj 66.635 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 4.557 0 Td ( )Tj 66.635 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 4.557 0 Td ( )Tj 72.885 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 4.557 0 Td ( )Tj 72.885 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 4.557 0 Td ( )Tj 72.885 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 12.5 0 0 12.5 25 697.9705 Tm (Gross public external )Tj 0 -1.2 TD (debt)Tj 9.008 0 Td ( )Tj 1.823 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (5,829 )Tj 2.615 0 Td ( )Tj 1.823 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (8,299 )Tj 2.615 0 Td ( )Tj 1.823 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (9,558 )Tj 2.615 0 Td ( )Tj 1.823 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (10,206 )Tj 3.115 0 Td ( )Tj 1.823 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (10,177 )Tj 3.115 0 Td ( )Tj 1.823 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (10,367 )Tj 1 0 0 1 40 676.4336 Tm ( )Tj 97.597 0 Td ( )Tj 66.635 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 4.557 0 Td ( )Tj 66.635 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 4.557 0 Td ( )Tj 66.635 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 4.557 0 Td ( )Tj 72.885 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 4.557 0 Td ( )Tj 72.885 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 4.557 0 Td ( )Tj 72.885 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 3.75 0 0 3.75 10 650.3511 Tm ( )Tj 12.5 0 0 12.5 10 638.2705 Tm (\(1\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (Preliminary data.)Tj 3.75 0 0 3.75 10 630.8511 Tm ( )Tj 12.5 0 0 12.5 10 618.7705 Tm (\(2\))Tj 1.38 0 Td ( )Tj 0.46 0 Td (Includes Brady bonds.)Tj /TT1 1 Tf -1.84 -1.803 Td (Source)Tj /TT0 1 Tf (: Banco Central. )Tj 22.055 -2.72 Td (S-22 )Tj ET 0.5 0.5 0.5 rg 10 530.065 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(41 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 692 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /WebCaptureBG BMC /WebCaptureFN <>BDC q 0 18 595 806 re W* n /Artifact <>BDC Q 118.669 662.992 m 174.03 662.992 l 174.03 663.992 l 118.669 663.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 185.348 662.992 m 222.963 662.992 l 222.963 663.992 l 185.348 663.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 234.282 662.992 m 281.272 662.992 l 281.272 663.992 l 234.282 663.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 292.591 662.992 m 330.206 662.992 l 330.206 663.992 l 292.591 663.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 341.525 662.992 m 379.139 662.992 l 379.139 663.992 l 341.525 663.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 390.458 662.992 m 428.073 662.992 l 428.073 663.992 l 390.458 663.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 439.392 662.992 m 477.007 662.992 l 477.007 663.992 l 439.392 663.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 488.326 662.992 m 525.94 662.992 l 525.94 663.992 l 488.326 663.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 537.259 662.992 m 585 662.992 l 585 663.992 l 537.259 663.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 632.992 97.35 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 107.35 632.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 118.669 632.992 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 126.215 632.992 36.496 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 162.711 632.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 174.03 632.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 185.348 632.992 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 192.894 632.992 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 211.644 632.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 222.963 632.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 234.282 632.992 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 241.828 632.992 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 269.953 632.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 281.272 632.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 292.591 632.992 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 300.137 632.992 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 318.887 632.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 330.206 632.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 341.525 632.992 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 349.07 632.992 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 367.82 632.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 379.139 632.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 390.458 632.992 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 398.004 632.992 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 416.754 632.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 428.073 632.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 439.392 632.992 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 446.938 632.992 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 465.688 632.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 477.007 632.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 488.326 632.992 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 495.872 632.992 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.622 632.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 525.94 632.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 537.259 632.992 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.805 632.992 28.876 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 573.681 632.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 572.992 97.35 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 107.35 572.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 118.669 572.992 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 126.215 572.992 36.496 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 162.711 572.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 174.03 572.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 185.348 572.992 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 192.894 572.992 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 211.644 572.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 222.963 572.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 234.282 572.992 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 241.828 572.992 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 269.953 572.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 281.272 572.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 292.591 572.992 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 300.137 572.992 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 318.887 572.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 330.206 572.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 341.525 572.992 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 349.07 572.992 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 367.82 572.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 379.139 572.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 390.458 572.992 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 398.004 572.992 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 416.754 572.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 428.073 572.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 439.392 572.992 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 446.938 572.992 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 465.688 572.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 477.007 572.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 488.326 572.992 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 495.872 572.992 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.622 572.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 525.94 572.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 537.259 572.992 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.805 572.992 28.876 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 573.681 572.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 512.992 97.35 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 107.35 512.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 118.669 512.992 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 126.215 512.992 36.496 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 162.711 512.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 174.03 512.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 185.348 512.992 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 192.894 512.992 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 211.644 512.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 222.963 512.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 234.282 512.992 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 241.828 512.992 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 269.953 512.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 281.272 512.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 292.591 512.992 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 300.137 512.992 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 318.887 512.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 330.206 512.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 341.525 512.992 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 349.07 512.992 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 367.82 512.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 379.139 512.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 390.458 512.992 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 398.004 512.992 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 416.754 512.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 428.073 512.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 439.392 512.992 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 446.938 512.992 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 465.688 512.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 477.007 512.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 488.326 512.992 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 495.872 512.992 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.622 512.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 525.94 512.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 537.259 512.992 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.805 512.992 28.876 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 573.681 512.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 452.992 97.35 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 107.35 452.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 118.669 452.992 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 126.215 452.992 36.496 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 162.711 452.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 174.03 452.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 185.348 452.992 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 192.894 452.992 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 211.644 452.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 222.963 452.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 234.282 452.992 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 241.828 452.992 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 269.953 452.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 281.272 452.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 292.591 452.992 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 300.137 452.992 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 318.887 452.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 330.206 452.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 341.525 452.992 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 349.07 452.992 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 367.82 452.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 379.139 452.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 390.458 452.992 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 398.004 452.992 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 416.754 452.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 428.073 452.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 439.392 452.992 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 446.938 452.992 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 465.688 452.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 477.007 452.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 488.326 452.992 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 495.872 452.992 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.622 452.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 525.94 452.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 537.259 452.992 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.805 452.992 28.876 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 573.681 452.992 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 126.215 437.992 m 162.711 437.992 l 162.711 436.992 l 126.215 436.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 192.894 437.992 m 211.644 437.992 l 211.644 436.992 l 192.894 436.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 241.828 437.992 m 269.953 437.992 l 269.953 436.992 l 241.828 436.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 300.137 437.992 m 318.887 437.992 l 318.887 436.992 l 300.137 436.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 349.07 437.992 m 367.82 437.992 l 367.82 436.992 l 349.07 436.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 398.004 437.992 m 416.754 437.992 l 416.754 436.992 l 398.004 436.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 446.938 437.992 m 465.688 437.992 l 465.688 436.992 l 446.938 436.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 495.872 437.992 m 514.622 437.992 l 514.622 436.992 l 495.872 436.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.805 437.992 m 573.681 437.992 l 573.681 436.992 l 544.805 436.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 405.792 97.35 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 107.35 405.792 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 118.669 405.792 7.546 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 126.215 405.792 36.496 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 162.711 405.792 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 174.03 405.792 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 185.348 405.792 7.546 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 192.894 405.792 18.75 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 211.644 405.792 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 222.963 405.792 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 234.282 405.792 7.546 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 241.828 405.792 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 269.953 405.792 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 281.272 405.792 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 292.591 405.792 7.546 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 300.137 405.792 18.75 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 318.887 405.792 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 330.206 405.792 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 341.525 405.792 7.546 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 349.07 405.792 18.75 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 367.82 405.792 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 379.139 405.792 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 390.458 405.792 7.546 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 398.004 405.792 18.75 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 416.754 405.792 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 428.073 405.792 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 439.392 405.792 7.546 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 446.938 405.792 18.75 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 465.688 405.792 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 477.007 405.792 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 488.326 405.792 7.546 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 495.872 405.792 18.75 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.622 405.792 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 525.94 405.792 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 537.259 405.792 7.546 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.805 405.792 28.876 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 573.681 405.792 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 126.215 405.792 m 162.711 405.792 l 162.711 404.792 l 126.215 404.792 l h f 126.215 403.792 m 162.711 403.792 l 162.711 402.792 l 126.215 402.792 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 192.894 405.792 m 211.644 405.792 l 211.644 404.792 l 192.894 404.792 l h f 192.894 403.792 m 211.644 403.792 l 211.644 402.792 l 192.894 402.792 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 241.828 405.792 m 269.953 405.792 l 269.953 404.792 l 241.828 404.792 l h f 241.828 403.792 m 269.953 403.792 l 269.953 402.792 l 241.828 402.792 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 300.137 405.792 m 318.887 405.792 l 318.887 404.792 l 300.137 404.792 l h f 300.137 403.792 m 318.887 403.792 l 318.887 402.792 l 300.137 402.792 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 349.07 405.792 m 367.82 405.792 l 367.82 404.792 l 349.07 404.792 l h f 349.07 403.792 m 367.82 403.792 l 367.82 402.792 l 349.07 402.792 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 398.004 405.792 m 416.754 405.792 l 416.754 404.792 l 398.004 404.792 l h f 398.004 403.792 m 416.754 403.792 l 416.754 402.792 l 398.004 402.792 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 446.938 405.792 m 465.688 405.792 l 465.688 404.792 l 446.938 404.792 l h f 446.938 403.792 m 465.688 403.792 l 465.688 402.792 l 446.938 402.792 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 495.872 405.792 m 514.622 405.792 l 514.622 404.792 l 495.872 404.792 l h f 495.872 403.792 m 514.622 403.792 l 514.622 402.792 l 495.872 402.792 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.805 405.792 m 573.681 405.792 l 573.681 404.792 l 544.805 404.792 l h f 544.805 403.792 m 573.681 403.792 l 573.681 402.792 l 544.805 402.792 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 341.592 97.35 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 107.35 341.592 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 118.669 341.592 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 126.215 341.592 36.496 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 162.711 341.592 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 174.03 341.592 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 185.348 341.592 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 192.894 341.592 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 211.644 341.592 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 222.963 341.592 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 234.282 341.592 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 241.828 341.592 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 269.953 341.592 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 281.272 341.592 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 292.591 341.592 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 300.137 341.592 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 318.887 341.592 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 330.206 341.592 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 341.525 341.592 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 349.07 341.592 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 367.82 341.592 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 379.139 341.592 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 390.458 341.592 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 398.004 341.592 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 416.754 341.592 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 428.073 341.592 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 439.392 341.592 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 446.938 341.592 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 465.688 341.592 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 477.007 341.592 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 488.326 341.592 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 495.872 341.592 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.622 341.592 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 525.94 341.592 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 537.259 341.592 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.805 341.592 28.876 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 573.681 341.592 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 281.592 97.35 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 107.35 281.592 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 118.669 281.592 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 126.215 281.592 36.496 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 162.711 281.592 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 174.03 281.592 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 185.348 281.592 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 192.894 281.592 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 211.644 281.592 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 222.963 281.592 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 234.282 281.592 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 241.828 281.592 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 269.953 281.592 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 281.272 281.592 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 292.591 281.592 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 300.137 281.592 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 318.887 281.592 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 330.206 281.592 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 341.525 281.592 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 349.07 281.592 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 367.82 281.592 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 379.139 281.592 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 390.458 281.592 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 398.004 281.592 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 416.754 281.592 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 428.073 281.592 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 439.392 281.592 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 446.938 281.592 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 465.688 281.592 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 477.007 281.592 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 488.326 281.592 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 495.872 281.592 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.622 281.592 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 525.94 281.592 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 537.259 281.592 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.805 281.592 28.876 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 573.681 281.592 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 236.592 97.35 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 107.35 236.592 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 118.669 236.592 7.546 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 126.215 236.592 36.496 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 162.711 236.592 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 174.03 236.592 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 185.348 236.592 7.546 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 192.894 236.592 18.75 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 211.644 236.592 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 222.963 236.592 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 234.282 236.592 7.546 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 241.828 236.592 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 269.953 236.592 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 281.272 236.592 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 292.591 236.592 7.546 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 300.137 236.592 18.75 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 318.887 236.592 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 330.206 236.592 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 341.525 236.592 7.546 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 349.07 236.592 18.75 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 367.82 236.592 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 379.139 236.592 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 390.458 236.592 7.546 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 398.004 236.592 18.75 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 416.754 236.592 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 428.073 236.592 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 439.392 236.592 7.546 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 446.938 236.592 18.75 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 465.688 236.592 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 477.007 236.592 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 488.326 236.592 7.546 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 495.872 236.592 18.75 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.622 236.592 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 525.94 236.592 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 537.259 236.592 7.546 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.805 236.592 28.876 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 573.681 236.592 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 126.215 236.592 m 162.711 236.592 l 162.711 235.592 l 126.215 235.592 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 192.894 236.592 m 211.644 236.592 l 211.644 235.592 l 192.894 235.592 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 241.828 236.592 m 269.953 236.592 l 269.953 235.592 l 241.828 235.592 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 300.137 236.592 m 318.887 236.592 l 318.887 235.592 l 300.137 235.592 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 349.07 236.592 m 367.82 236.592 l 367.82 235.592 l 349.07 235.592 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 398.004 236.592 m 416.754 236.592 l 416.754 235.592 l 398.004 235.592 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 446.938 236.592 m 465.688 236.592 l 465.688 235.592 l 446.938 235.592 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 495.872 236.592 m 514.622 236.592 l 514.622 235.592 l 495.872 235.592 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.805 236.592 m 573.681 236.592 l 573.681 235.592 l 544.805 235.592 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 126.215 204.392 m 162.711 204.392 l 162.711 203.392 l 126.215 203.392 l h f 126.215 202.392 m 162.711 202.392 l 162.711 201.392 l 126.215 201.392 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 192.894 204.392 m 211.644 204.392 l 211.644 203.392 l 192.894 203.392 l h f 192.894 202.392 m 211.644 202.392 l 211.644 201.392 l 192.894 201.392 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 241.828 204.392 m 269.953 204.392 l 269.953 203.392 l 241.828 203.392 l h f 241.828 202.392 m 269.953 202.392 l 269.953 201.392 l 241.828 201.392 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 300.137 204.392 m 318.887 204.392 l 318.887 203.392 l 300.137 203.392 l h f 300.137 202.392 m 318.887 202.392 l 318.887 201.392 l 300.137 201.392 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 349.07 204.392 m 367.82 204.392 l 367.82 203.392 l 349.07 203.392 l h f 349.07 202.392 m 367.82 202.392 l 367.82 201.392 l 349.07 201.392 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 398.004 204.392 m 416.754 204.392 l 416.754 203.392 l 398.004 203.392 l h f 398.004 202.392 m 416.754 202.392 l 416.754 201.392 l 398.004 201.392 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 446.938 204.392 m 465.688 204.392 l 465.688 203.392 l 446.938 203.392 l h f 446.938 202.392 m 465.688 202.392 l 465.688 201.392 l 446.938 201.392 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 495.872 204.392 m 514.622 204.392 l 514.622 203.392 l 495.872 203.392 l h f 495.872 202.392 m 514.622 202.392 l 514.622 201.392 l 495.872 201.392 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.805 204.392 m 573.681 204.392 l 573.681 203.392 l 544.805 203.392 l h f 544.805 202.392 m 573.681 202.392 l 573.681 201.392 l 544.805 201.392 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 140.192 97.35 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 107.35 140.192 11.319 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 118.669 140.192 7.546 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 126.215 140.192 36.496 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 162.711 140.192 11.319 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 174.03 140.192 11.319 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 185.348 140.192 7.546 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 192.894 140.192 18.75 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 211.644 140.192 11.319 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 222.963 140.192 11.319 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 234.282 140.192 7.546 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 241.828 140.192 28.125 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 269.953 140.192 11.319 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 281.272 140.192 11.319 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 292.591 140.192 7.546 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 300.137 140.192 18.75 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 318.887 140.192 11.319 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 330.206 140.192 11.319 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 341.525 140.192 7.546 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 349.07 140.192 18.75 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 367.82 140.192 11.319 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 379.139 140.192 11.319 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 390.458 140.192 7.546 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 398.004 140.192 18.75 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 416.754 140.192 11.319 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 428.073 140.192 11.319 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 439.392 140.192 7.546 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 446.938 140.192 18.75 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 465.688 140.192 11.319 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 477.007 140.192 11.319 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 488.326 140.192 7.546 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 495.872 140.192 18.75 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.622 140.192 11.319 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 525.94 140.192 11.319 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 537.259 140.192 7.546 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.805 140.192 28.876 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 573.681 140.192 11.319 45 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 80.192 97.35 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 107.35 80.192 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 118.669 80.192 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 126.215 80.192 36.496 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 162.711 80.192 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 174.03 80.192 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 185.348 80.192 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 192.894 80.192 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 211.644 80.192 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 222.963 80.192 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 234.282 80.192 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 241.828 80.192 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 269.953 80.192 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 281.272 80.192 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 292.591 80.192 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 300.137 80.192 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 318.887 80.192 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 330.206 80.192 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 341.525 80.192 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 349.07 80.192 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 367.82 80.192 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 379.139 80.192 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 390.458 80.192 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 398.004 80.192 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 416.754 80.192 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 428.073 80.192 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 439.392 80.192 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 446.938 80.192 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 465.688 80.192 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 477.007 80.192 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 488.326 80.192 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 495.872 80.192 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.622 80.192 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 525.94 80.192 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 537.259 80.192 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.805 80.192 28.876 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 573.681 80.192 11.319 30 re f EMC EMC EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 179.975 746.1212 Tm (Amortization of Gross Public External Debt)Tj /TT1 1 Tf ( )Tj 5.874 -1.197 Td (\(millions of US$\) )Tj -19.472 -1.2 Td ( )Tj 7.788 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 2.92 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 1.5 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 2.25 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 1.5 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 1.5 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 1.5 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 1.5 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 1.5 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 2.31 0 Td ( )Tj 10 0 0 10 10 703.3287 Tm ( )Tj 9.735 0 Td ( )Tj /TT0 1 Tf 1.232 -0.003 Td (Outstanding)Tj /TT1 1 Tf 5.436 0.003 Td ( )Tj 1.132 0 Td ( )Tj 0.755 0 Td ( )Tj 1.875 0 Td ( )Tj 1.132 0 Td ( )Tj 1.132 0 Td ( )Tj 0.755 0 Td ( )Tj 2.813 0 Td ( )Tj 1.132 0 Td ( )Tj 1.132 0 Td ( )Tj 0.755 0 Td ( )Tj 1.875 0 Td ( )Tj 1.132 0 Td ( )Tj 1.132 0 Td ( )Tj 0.755 0 Td ( )Tj 1.875 0 Td ( )Tj 1.132 0 Td ( )Tj 1.132 0 Td ( )Tj 0.755 0 Td ( )Tj 1.875 0 Td ( )Tj 1.132 0 Td ( )Tj 1.132 0 Td ( )Tj 0.755 0 Td ( )Tj 1.875 0 Td ( )Tj 1.132 0 Td ( )Tj 1.132 0 Td ( )Tj 0.755 0 Td ( )Tj 1.875 0 Td ( )Tj 1.132 0 Td ( )Tj 3.394 0 Td ( )Tj -54.988 -1.2 Td ( )Tj 9.735 0 Td ( )Tj /TT0 1 Tf 2.914 -0.003 Td (as of)Tj /TT1 1 Tf 3.754 0.003 Td ( )Tj 1.132 0 Td ( )Tj 0.755 0 Td ( )Tj 1.875 0 Td ( )Tj 1.132 0 Td ( )Tj 1.132 0 Td ( )Tj 0.755 0 Td ( )Tj 2.813 0 Td ( )Tj 1.132 0 Td ( )Tj 1.132 0 Td ( )Tj 0.755 0 Td ( )Tj 1.875 0 Td ( )Tj 1.132 0 Td ( )Tj 1.132 0 Td ( )Tj 0.755 0 Td ( )Tj 1.875 0 Td ( )Tj 1.132 0 Td ( )Tj 1.132 0 Td ( )Tj 0.755 0 Td ( )Tj 1.875 0 Td ( )Tj 1.132 0 Td ( )Tj 1.132 0 Td ( )Tj 0.755 0 Td ( )Tj 1.875 0 Td ( )Tj 1.132 0 Td ( )Tj 1.132 0 Td ( )Tj 0.755 0 Td ( )Tj 1.875 0 Td ( )Tj 1.132 0 Td ( )Tj /TT0 1 Tf 1.977 -0.003 Td (2013 to)Tj /TT1 1 Tf -53.571 -1.197 Td ( )Tj 9.735 0 Td ( )Tj /TT0 1 Tf 2.122 -0.003 Td (June 30,)Tj /TT1 1 Tf 4.546 0.003 Td ( )Tj 1.132 0 Td ( )Tj 0.755 0 Td ( )Tj 1.875 0 Td ( )Tj 1.132 0 Td ( )Tj 1.132 0 Td ( )Tj 0.755 0 Td ( )Tj 2.813 0 Td ( )Tj 1.132 0 Td ( )Tj 1.132 0 Td ( )Tj 0.755 0 Td ( )Tj 1.875 0 Td ( )Tj 1.132 0 Td ( )Tj 1.132 0 Td ( )Tj 0.755 0 Td ( )Tj 1.875 0 Td ( )Tj 1.132 0 Td ( )Tj 1.132 0 Td ( )Tj 0.755 0 Td ( )Tj 1.875 0 Td ( )Tj 1.132 0 Td ( )Tj 1.132 0 Td ( )Tj 0.755 0 Td ( )Tj 1.875 0 Td ( )Tj 1.132 0 Td ( )Tj 1.132 0 Td ( )Tj 0.755 0 Td ( )Tj 1.875 0 Td ( )Tj 1.132 0 Td ( )Tj /TT0 1 Tf 2.407 -0.003 Td (Final)Tj /TT1 1 Tf -54.001 -1.297 Td ( )Tj 9.735 0 Td ( )Tj /TT0 1 Tf 2.404 0.097 Td (2006)Tj 8.5 0 0 8.5 151.3937 667.2954 Tm (\(1\))Tj /TT1 1 Tf 10 0 0 10 174.0295 666.3287 Tm ( )Tj /TT0 1 Tf 2.013 0.097 Td (2006)Tj /TT1 1 Tf 2.881 -0.097 Td ( )Tj /TT0 1 Tf 2.481 0.097 Td (2007)Tj /TT1 1 Tf 3.349 -0.097 Td ( )Tj /TT0 1 Tf 2.013 0.097 Td (2008)Tj /TT1 1 Tf 2.881 -0.097 Td ( )Tj /TT0 1 Tf 2.013 0.097 Td (2009)Tj /TT1 1 Tf 2.881 -0.097 Td ( )Tj /TT0 1 Tf 2.013 0.097 Td (2010)Tj /TT1 1 Tf 2.881 -0.097 Td ( )Tj /TT0 1 Tf 2.013 0.097 Td (2011)Tj /TT1 1 Tf 2.881 -0.097 Td ( )Tj /TT0 1 Tf 2.013 0.097 Td (2012)Tj /TT1 1 Tf 2.881 -0.097 Td ( )Tj /TT0 1 Tf 1.575 0.097 Td (Maturity)Tj 12.5 0 0 12.5 25 652.1212 Tm (General )Tj 0 -1.2 TD (Government)Tj /TT1 1 Tf 6.588 0.003 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 2.92 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 1.5 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 2.25 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 1.5 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 1.5 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 1.5 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 1.5 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 1.5 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 2.31 0 Td ( )Tj -42.694 -1.2 Td (Multilateral )Tj 0 -1.2 TD (organizations )Tj 6.294 0 Td ( )Tj 1.273 0 Td (3,711 )Tj 3.156 0 Td ( )Tj 0.906 0 Td ( )Tj 1.104 0 Td (99 )Tj 1.906 0 Td ( )Tj 0.906 0 Td ( )Tj 1.354 0 Td (934 )Tj 2.406 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td (553 )Tj 2.406 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td (396 )Tj 2.406 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td (243 )Tj 2.406 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td (202 )Tj 2.406 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td (188 )Tj 2.406 0 Td ( )Tj 0.906 0 Td ( )Tj 0.664 0 Td (1,097 )Tj -40.444 -1.2 Td (Bilateral )Tj T* (Creditors)Tj 5.388 0 Td ( )Tj 0.906 0 Td ( )Tj 2.523 0 Td (90 )Tj 1.906 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (4 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 2.354 0 Td (7 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (7 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (8 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (8 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (8 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (6 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.914 0 Td (43 )Tj -41.694 -1.2 Td (Commercial )Tj 0 -1.2 TD (banks)Tj 5.388 0 Td ( )Tj 0.906 0 Td ( )Tj 3.023 0 Td (7 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 2.354 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 2.414 0 Td (4 )Tj -42.194 -1.2 Td (Treasury )Tj T* (bills)Tj 5.388 0 Td ( )Tj 0.906 0 Td ( )Tj 3.023 0 Td (5 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 2.354 0 Td (4 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (1 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 2.414 0 Td (0 )Tj -42.194 -1.2 Td (Treasury )Tj T* (bonds)Tj 5.388 0 Td ( )Tj 0.906 0 Td ( )Tj 1.273 0 Td (5,210 )Tj 3.156 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td (273 )Tj 2.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.854 0 Td (30 )Tj 1.906 0 Td ( )Tj 0.906 0 Td ( )Tj 1.104 0 Td (57 )Tj 1.906 0 Td ( )Tj 0.906 0 Td ( )Tj 1.104 0 Td (58 )Tj 1.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td (177 )Tj 2.406 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td (704 )Tj 2.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.104 0 Td (52 )Tj 1.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.664 0 Td (3,860 )Tj -40.444 -1.2 Td (Other )Tj T* (creditors)Tj 5.388 0 Td ( )Tj 0.906 0 Td ( )Tj 3.023 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 2.354 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 2.414 0 Td (0 )Tj -42.194 -1.2 Td (Suppliers)Tj 5.388 0 Td ( )Tj 0.906 0 Td ( )Tj 3.023 0 Td (7 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 2.354 0 Td (1 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (1 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (1 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (1 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (1 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (1 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 2.414 0 Td (2 )Tj 1 0 0 1 40 436.6259 Tm ( )Tj 67.35 0 Td ( )Tj 11.319 0 Td ( )Tj 43.792 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 26.046 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 35.421 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 26.046 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 26.046 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 26.046 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 26.046 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 26.046 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 36.172 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 12.5 0 0 12.5 10 424.9628 Tm ( )Tj 2.4 -1.2 Td (Total)Tj 5.388 0 Td ( )Tj 0.906 0 Td ( )Tj 1.273 0 Td (9,030 )Tj 3.156 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td (376 )Tj 2.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.354 0 Td (976 )Tj 2.406 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td (619 )Tj 2.406 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td (462 )Tj 2.406 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td (428 )Tj 2.406 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td (915 )Tj 2.406 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td (247 )Tj 2.406 0 Td ( )Tj 0.906 0 Td ( )Tj 0.664 0 Td (5,007 )Tj 1 0 0 1 40 403.4259 Tm ( )Tj 67.35 0 Td ( )Tj 11.319 0 Td ( )Tj 43.792 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 26.046 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 35.421 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 26.046 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 26.046 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 26.046 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 26.046 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 26.046 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 36.172 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 12.5 0 0 12.5 25 390.7628 Tm ( )Tj 6.588 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 2.92 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 1.5 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 2.25 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 1.5 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 1.5 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 1.5 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 1.5 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 1.5 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 2.31 0 Td ( )Tj /TT0 1 Tf -43.894 -1.203 Td (Banco Central)Tj /TT1 1 Tf 6.588 0.003 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 2.92 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 1.5 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 2.25 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 1.5 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 1.5 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 1.5 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 1.5 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 1.5 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 2.31 0 Td ( )Tj -42.694 -1.2 Td (Multilateral )Tj 0 -1.2 TD (organizations )Tj 6.294 0 Td ( )Tj 2.023 0 Td (663 )Tj 2.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (5 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.354 0 Td (546 )Tj 2.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.104 0 Td (95 )Tj 1.906 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (9 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (2 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (2 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (2 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 2.414 0 Td (2 )Tj -42.194 -1.2 Td (Bilateral )Tj 0 -1.2 TD (Creditors)Tj 5.388 0 Td ( )Tj 0.906 0 Td ( )Tj 3.023 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 2.354 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 2.414 0 Td (0 )Tj -42.194 -1.2 Td (Commercial )Tj T* (banks \(2\))Tj 5.388 0 Td ( )Tj 0.906 0 Td ( )Tj 2.523 0 Td (20 )Tj 1.906 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (3 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 2.354 0 Td (3 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.914 0 Td (14 )Tj -41.694 -1.2 Td (Central )Tj 0 -1.2 TD (Bank bills)Tj 5.388 0 Td ( )Tj 0.906 0 Td ( )Tj 3.023 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 2.354 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 2.414 0 Td (0 )Tj -42.194 -1.2 Td (Suppliers)Tj 5.388 0 Td ( )Tj 0.906 0 Td ( )Tj 3.023 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 2.354 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 2.414 0 Td (0 )Tj 1 0 0 1 40 235.226 Tm ( )Tj 67.35 0 Td ( )Tj 11.319 0 Td ( )Tj 43.792 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 26.046 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 35.421 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 26.046 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 26.046 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 26.046 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 26.046 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 26.046 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 36.172 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 12.5 0 0 12.5 10 223.5628 Tm ( )Tj 2.4 -1.2 Td (Total)Tj 5.388 0 Td ( )Tj 0.906 0 Td ( )Tj 2.023 0 Td (684 )Tj 2.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (8 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.354 0 Td (549 )Tj 2.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.104 0 Td (95 )Tj 1.906 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (9 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (2 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (2 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (2 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.914 0 Td (16 )Tj 1 0 0 1 40 202.0259 Tm ( )Tj 67.35 0 Td ( )Tj 11.319 0 Td ( )Tj 43.792 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 26.046 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 35.421 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 26.046 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 26.046 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 26.046 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 26.046 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 26.046 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 36.172 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 12.5 0 0 12.5 25 189.3628 Tm ( )Tj 6.588 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 2.92 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 1.5 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 2.25 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 1.5 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 1.5 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 1.5 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 1.5 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 1.5 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 2.31 0 Td ( )Tj /TT0 1 Tf -43.894 -1.203 Td (Non Financial )Tj 0 -1.2 TD (Public )Tj 0 -1.2 TD (Enterprises)Tj /TT1 1 Tf 6.588 0.003 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 2.92 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 1.5 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 2.25 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 1.5 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 1.5 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 1.5 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 1.5 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 1.5 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 2.31 0 Td ( )Tj -42.694 -1.2 Td (Multilateral )Tj T* (organizations )Tj 6.294 0 Td ( )Tj 2.023 0 Td (153 )Tj 2.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.104 0 Td (10 )Tj 1.906 0 Td ( )Tj 0.906 0 Td ( )Tj 1.854 0 Td (22 )Tj 1.906 0 Td ( )Tj 0.906 0 Td ( )Tj 1.104 0 Td (22 )Tj 1.906 0 Td ( )Tj 0.906 0 Td ( )Tj 1.104 0 Td (22 )Tj 1.906 0 Td ( )Tj 0.906 0 Td ( )Tj 1.104 0 Td (20 )Tj 1.906 0 Td ( )Tj 0.906 0 Td ( )Tj 1.104 0 Td (10 )Tj 1.906 0 Td ( )Tj 0.906 0 Td ( )Tj 1.104 0 Td (10 )Tj 1.906 0 Td ( )Tj 0.906 0 Td ( )Tj 1.914 0 Td (36 )Tj -41.694 -1.2 Td (Bilateral )Tj T* (Creditors)Tj 5.388 0 Td ( )Tj 0.906 0 Td ( )Tj 2.523 0 Td (36 )Tj 1.906 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (2 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 2.354 0 Td (4 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (4 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (4 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (4 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (4 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (3 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.914 0 Td (12 )Tj -41.694 -1.2 Td (Commercial )Tj 0 -1.2 TD (banks)Tj 5.388 0 Td ( )Tj 0.906 0 Td ( )Tj 3.023 0 Td (8 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 2.354 0 Td (1 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 2.414 0 Td (5 )Tj ET EMC /Artifact <>BDC Q 0 0 0 rg BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(42 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 693 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /WebCaptureBG BMC /WebCaptureFN <>BDC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 786 97.35 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 107.35 786 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 118.669 786 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 126.215 786 36.496 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 162.711 786 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 174.03 786 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 185.348 786 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 192.894 786 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 211.644 786 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 222.963 786 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 234.282 786 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 241.828 786 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 269.953 786 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 281.272 786 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 292.591 786 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 300.137 786 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 318.887 786 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 330.206 786 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 341.525 786 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 349.07 786 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 367.82 786 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 379.139 786 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 390.458 786 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 398.004 786 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 416.754 786 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 428.073 786 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 439.392 786 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 446.938 786 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 465.688 786 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 477.007 786 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 488.326 786 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 495.872 786 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.622 786 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 525.94 786 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 537.259 786 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.805 786 28.876 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 573.681 786 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 726 97.35 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 107.35 726 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 118.669 726 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 126.215 726 36.496 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 162.711 726 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 174.03 726 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 185.348 726 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 192.894 726 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 211.644 726 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 222.963 726 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 234.282 726 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 241.828 726 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 269.953 726 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 281.272 726 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 292.591 726 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 300.137 726 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 318.887 726 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 330.206 726 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 341.525 726 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 349.07 726 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 367.82 726 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 379.139 726 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 390.458 726 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 398.004 726 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 416.754 726 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 428.073 726 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 439.392 726 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 446.938 726 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 465.688 726 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 477.007 726 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 488.326 726 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 495.872 726 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.622 726 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 525.94 726 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 537.259 726 7.546 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.805 726 28.876 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 573.681 726 11.319 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 126.215 711 m 162.711 711 l 162.711 710 l 126.215 710 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 192.894 711 m 211.644 711 l 211.644 710 l 192.894 710 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 241.828 711 m 269.953 711 l 269.953 710 l 241.828 710 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 300.137 711 m 318.887 711 l 318.887 710 l 300.137 710 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 349.07 711 m 367.82 711 l 367.82 710 l 349.07 710 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 398.004 711 m 416.754 711 l 416.754 710 l 398.004 710 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 446.938 711 m 465.688 711 l 465.688 710 l 446.938 710 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 495.872 711 m 514.622 711 l 514.622 710 l 495.872 710 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.805 711 m 573.681 711 l 573.681 710 l 544.805 710 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 678.8 97.35 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 107.35 678.8 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 118.669 678.8 7.546 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 126.215 678.8 36.496 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 162.711 678.8 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 174.03 678.8 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 185.348 678.8 7.546 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 192.894 678.8 18.75 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 211.644 678.8 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 222.963 678.8 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 234.282 678.8 7.546 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 241.828 678.8 28.125 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 269.953 678.8 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 281.272 678.8 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 292.591 678.8 7.546 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 300.137 678.8 18.75 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 318.887 678.8 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 330.206 678.8 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 341.525 678.8 7.546 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 349.07 678.8 18.75 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 367.82 678.8 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 379.139 678.8 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 390.458 678.8 7.546 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 398.004 678.8 18.75 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 416.754 678.8 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 428.073 678.8 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 439.392 678.8 7.546 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 446.938 678.8 18.75 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 465.688 678.8 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 477.007 678.8 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 488.326 678.8 7.546 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 495.872 678.8 18.75 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.622 678.8 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 525.94 678.8 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 537.259 678.8 7.546 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.805 678.8 28.876 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 573.681 678.8 11.319 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 126.215 678.8 m 162.711 678.8 l 162.711 677.8 l 126.215 677.8 l h f 126.215 676.8 m 162.711 676.8 l 162.711 675.8 l 126.215 675.8 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 192.894 678.8 m 211.644 678.8 l 211.644 677.8 l 192.894 677.8 l h f 192.894 676.8 m 211.644 676.8 l 211.644 675.8 l 192.894 675.8 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 241.828 678.8 m 269.953 678.8 l 269.953 677.8 l 241.828 677.8 l h f 241.828 676.8 m 269.953 676.8 l 269.953 675.8 l 241.828 675.8 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 300.137 678.8 m 318.887 678.8 l 318.887 677.8 l 300.137 677.8 l h f 300.137 676.8 m 318.887 676.8 l 318.887 675.8 l 300.137 675.8 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 349.07 678.8 m 367.82 678.8 l 367.82 677.8 l 349.07 677.8 l h f 349.07 676.8 m 367.82 676.8 l 367.82 675.8 l 349.07 675.8 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 398.004 678.8 m 416.754 678.8 l 416.754 677.8 l 398.004 677.8 l h f 398.004 676.8 m 416.754 676.8 l 416.754 675.8 l 398.004 675.8 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 446.938 678.8 m 465.688 678.8 l 465.688 677.8 l 446.938 677.8 l h f 446.938 676.8 m 465.688 676.8 l 465.688 675.8 l 446.938 675.8 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 495.872 678.8 m 514.622 678.8 l 514.622 677.8 l 495.872 677.8 l h f 495.872 676.8 m 514.622 676.8 l 514.622 675.8 l 495.872 675.8 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.805 678.8 m 573.681 678.8 l 573.681 677.8 l 544.805 677.8 l h f 544.805 676.8 m 573.681 676.8 l 573.681 675.8 l 544.805 675.8 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 126.215 644.6 m 162.711 644.6 l 162.711 643.6 l 126.215 643.6 l h f 126.215 642.6 m 162.711 642.6 l 162.711 641.6 l 126.215 641.6 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 192.894 644.6 m 211.644 644.6 l 211.644 643.6 l 192.894 643.6 l h f 192.894 642.6 m 211.644 642.6 l 211.644 641.6 l 192.894 641.6 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 241.828 644.6 m 269.953 644.6 l 269.953 643.6 l 241.828 643.6 l h f 241.828 642.6 m 269.953 642.6 l 269.953 641.6 l 241.828 641.6 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 300.137 644.6 m 318.887 644.6 l 318.887 643.6 l 300.137 643.6 l h f 300.137 642.6 m 318.887 642.6 l 318.887 641.6 l 300.137 641.6 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 349.07 644.6 m 367.82 644.6 l 367.82 643.6 l 349.07 643.6 l h f 349.07 642.6 m 367.82 642.6 l 367.82 641.6 l 349.07 641.6 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 398.004 644.6 m 416.754 644.6 l 416.754 643.6 l 398.004 643.6 l h f 398.004 642.6 m 416.754 642.6 l 416.754 641.6 l 398.004 641.6 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 446.938 644.6 m 465.688 644.6 l 465.688 643.6 l 446.938 643.6 l h f 446.938 642.6 m 465.688 642.6 l 465.688 641.6 l 446.938 641.6 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 495.872 644.6 m 514.622 644.6 l 514.622 643.6 l 495.872 643.6 l h f 495.872 642.6 m 514.622 642.6 l 514.622 641.6 l 495.872 641.6 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.805 644.6 m 573.681 644.6 l 573.681 643.6 l 544.805 643.6 l h f 544.805 642.6 m 573.681 642.6 l 573.681 641.6 l 544.805 641.6 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 620.4 m 113.5 620.4 l 113.5 619.4 l 10 619.4 l h f EMC EMC EMC /Article <>BDC q 0 18 595 806 re W* n BT /TT0 1 Tf 12.5 0 0 12.5 40 805.1705 Tm (Treasury )Tj 0 -1.2 TD (bills )Tj 5.388 0 Td ( )Tj 0.906 0 Td ( )Tj 3.523 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 2.104 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 2.854 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 2.104 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 2.104 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 2.104 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 2.104 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 2.104 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 2.914 0 Td ( )Tj -42.694 -1.2 Td (Treasury )Tj 0 -1.2 TD (bonds )Tj 5.388 0 Td ( )Tj 0.906 0 Td ( )Tj 3.523 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 2.104 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 2.854 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 2.104 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 2.104 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 2.104 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 2.104 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 2.104 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 2.914 0 Td ( )Tj -42.694 -1.2 Td (Other )Tj 0 -1.2 TD (creditors)Tj 5.388 0 Td ( )Tj 0.906 0 Td ( )Tj 3.023 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 2.354 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 2.414 0 Td (0 )Tj -42.194 -1.2 Td (Suppliers)Tj 5.388 0 Td ( )Tj 0.906 0 Td ( )Tj 2.023 0 Td (455 )Tj 2.406 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td (265 )Tj 2.406 0 Td ( )Tj 0.906 0 Td ( )Tj 2.354 0 Td (7 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (7 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (7 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (6 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (2 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.604 0 Td (0 )Tj 1.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.414 0 Td (161 )Tj 1 0 0 1 40 709.6336 Tm ( )Tj 67.35 0 Td ( )Tj 11.319 0 Td ( )Tj 43.792 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 26.046 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 35.421 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 26.046 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 26.046 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 26.046 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 26.046 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 26.046 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 36.172 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 12.5 0 0 12.5 25 697.9705 Tm ( )Tj 6.588 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 2.92 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 1.5 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 2.25 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 1.5 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 1.5 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 1.5 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 1.5 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 1.5 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 2.31 0 Td ( )Tj -42.694 -1.2 Td (Total)Tj 5.388 0 Td ( )Tj 0.906 0 Td ( )Tj 2.023 0 Td (653 )Tj 2.406 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td (278 )Tj 2.406 0 Td ( )Tj 0.906 0 Td ( )Tj 1.854 0 Td (34 )Tj 1.906 0 Td ( )Tj 0.906 0 Td ( )Tj 1.104 0 Td (34 )Tj 1.906 0 Td ( )Tj 0.906 0 Td ( )Tj 1.104 0 Td (34 )Tj 1.906 0 Td ( )Tj 0.906 0 Td ( )Tj 1.104 0 Td (31 )Tj 1.906 0 Td ( )Tj 0.906 0 Td ( )Tj 1.104 0 Td (16 )Tj 1.906 0 Td ( )Tj 0.906 0 Td ( )Tj 1.104 0 Td (13 )Tj 1.906 0 Td ( )Tj 0.906 0 Td ( )Tj 1.414 0 Td (215 )Tj 1 0 0 1 40 676.4336 Tm ( )Tj 67.35 0 Td ( )Tj 11.319 0 Td ( )Tj 43.792 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 26.046 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 35.421 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 26.046 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 26.046 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 26.046 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 26.046 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 26.046 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 36.172 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 12.5 0 0 12.5 25 663.7705 Tm ( )Tj 6.588 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 2.92 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 1.5 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 2.25 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 1.5 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 1.5 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 1.5 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 1.5 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 1.5 0 Td ( )Tj 0.906 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td ( )Tj 2.31 0 Td ( )Tj -43.894 -1.2 Td (TOTAL)Tj 6.588 0 Td ( )Tj 0.906 0 Td ( )Tj 0.773 0 Td (10,367 )Tj 3.656 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td (662 )Tj 2.406 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td (1,559 )Tj 3.156 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td (748 )Tj 2.406 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td (505 )Tj 2.406 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td (461 )Tj 2.406 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td (933 )Tj 2.406 0 Td ( )Tj 0.906 0 Td ( )Tj 0.604 0 Td (262 )Tj 2.406 0 Td ( )Tj 0.906 0 Td ( )Tj 0.664 0 Td (5,237 )Tj 1 0 0 1 40 642.2336 Tm ( )Tj 67.35 0 Td ( )Tj 11.319 0 Td ( )Tj 43.792 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 26.046 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 35.421 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 26.046 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 26.046 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 26.046 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 26.046 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 26.046 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 11.319 0 Td ( )Tj 11.319 0 Td ( )Tj 36.172 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 3.75 0 0 3.75 10 616.1511 Tm ( )Tj 12.5 0 0 12.5 10 604.0705 Tm (\(1\))Tj 3.055 0 Td ( )Tj 0.46 0 Td (Preliminary data.)Tj 3.75 0 0 3.75 10 596.6511 Tm ( )Tj 12.5 0 0 12.5 10 584.5705 Tm (\(2\))Tj 3.055 0 Td ( )Tj 0.46 0 Td (Includes Brady bonds.)Tj 3.75 0 0 3.75 10 577.1511 Tm ( )Tj /TT1 1 Tf 12.5 0 0 12.5 10 565.0353 Tm (Source)Tj /TT0 1 Tf (:)Tj 3.055 0.003 Td ( )Tj /TT1 1 Tf 0.46 -0.003 Td (Banco Central)Tj /TT0 1 Tf (.)Tj 18.541 -2.72 Td (S-23 )Tj ET 0.5 0.5 0.5 rg 10 498.865 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(43 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 694 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /WebCaptureBG BMC /WebCaptureFN <>BDC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 615.438 m 186.814 615.438 l 186.814 616.438 l 10 616.438 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 212.816 615.438 m 353.227 615.438 l 353.227 616.438 l 212.816 616.438 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 379.229 615.438 m 488.438 615.438 l 488.438 616.438 l 379.229 616.438 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.44 615.438 m 585 615.438 l 585 616.438 l 514.44 616.438 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 600.438 176.814 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 186.814 600.438 26.002 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 212.816 600.438 140.411 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 353.227 600.438 26.002 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 379.229 600.438 109.209 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 488.438 600.438 26.002 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.44 600.438 70.56 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 570.438 176.814 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 186.814 570.438 26.002 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 212.816 570.438 140.411 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 353.227 570.438 26.002 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 379.229 570.438 109.209 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 488.438 570.438 26.002 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.44 570.438 70.56 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 540.438 176.814 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 186.814 540.438 26.002 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 212.816 540.438 140.411 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 353.227 540.438 26.002 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 379.229 540.438 109.209 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 488.438 540.438 26.002 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.44 540.438 70.56 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 510.438 176.814 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 186.814 510.438 26.002 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 212.816 510.438 140.411 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 353.227 510.438 26.002 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 379.229 510.438 109.209 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 488.438 510.438 26.002 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.44 510.438 70.56 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 480.438 176.814 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 186.814 480.438 26.002 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 212.816 480.438 140.411 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 353.227 480.438 26.002 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 379.229 480.438 109.209 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 488.438 480.438 26.002 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.44 480.438 70.56 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 405.438 176.814 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 186.814 405.438 26.002 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 212.816 405.438 140.411 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 353.227 405.438 26.002 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 379.229 405.438 109.209 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 488.438 405.438 26.002 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.44 405.438 70.56 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 360.438 176.814 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 186.814 360.438 26.002 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 212.816 360.438 140.411 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 353.227 360.438 26.002 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 379.229 360.438 109.209 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 488.438 360.438 26.002 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.44 360.438 70.56 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 330.438 176.814 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 186.814 330.438 26.002 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 212.816 330.438 140.411 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 353.227 330.438 26.002 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 379.229 330.438 109.209 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 488.438 330.438 26.002 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.44 330.438 70.56 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 285.438 176.814 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 186.814 285.438 26.002 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 212.816 285.438 140.411 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 353.227 285.438 26.002 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 379.229 285.438 109.209 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 488.438 285.438 26.002 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.44 285.438 70.56 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 255.438 176.814 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 186.814 255.438 26.002 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 212.816 255.438 140.411 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 353.227 255.438 26.002 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 379.229 255.438 109.209 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 488.438 255.438 26.002 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.44 255.438 70.56 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 225.438 176.814 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 186.814 225.438 26.002 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 212.816 225.438 140.411 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 353.227 225.438 26.002 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 379.229 225.438 109.209 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 488.438 225.438 26.002 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.44 225.438 70.56 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 195.438 176.814 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 186.814 195.438 26.002 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 212.816 195.438 140.411 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 353.227 195.438 26.002 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 379.229 195.438 109.209 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 488.438 195.438 26.002 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.44 195.438 70.56 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 165.438 176.814 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 186.814 165.438 26.002 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 212.816 165.438 140.411 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 353.227 165.438 26.002 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 379.229 165.438 109.209 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 488.438 165.438 26.002 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.44 165.438 70.56 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 135.438 176.814 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 186.814 135.438 26.002 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 212.816 135.438 140.411 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 353.227 135.438 26.002 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 379.229 135.438 109.209 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 488.438 135.438 26.002 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.44 135.438 70.56 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 105.438 176.814 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 186.814 105.438 26.002 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 212.816 105.438 140.411 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 353.227 105.438 26.002 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 379.229 105.438 109.209 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 488.438 105.438 26.002 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.44 105.438 70.56 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 75.438 176.814 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 186.814 75.438 26.002 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 212.816 75.438 140.411 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 353.227 75.438 26.002 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 379.229 75.438 109.209 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 488.438 75.438 26.002 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.44 75.438 70.56 15 re f EMC EMC EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 749.6082 Tm ( )Tj /TT1 1 Tf (Total Public Debt)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( The following table sets forth a list of Uruguayan public bond\ s issued and publicly held as of June 30, )Tj 0 -1.2 TD (2006. )Tj /TT2 1 Tf 13.179 -3.003 Td (Public Internal Bonds Issued Within Uruguay)Tj /TT0 1 Tf ( )Tj 5.779 -1.197 Td (\(in millions of US$\) )Tj -18.958 -1.2 Td ( )Tj 14.145 0 Td ( )Tj 2.08 0 Td ( )Tj 11.233 0 Td ( )Tj 2.08 0 Td ( )Tj 8.737 0 Td ( )Tj 2.08 0 Td ( )Tj 10 0 0 10 10 631.7742 Tm ( )Tj 17.681 0 Td ( )Tj 2.6 0 Td (Annual)Tj 14.041 0 Td ( )Tj 2.6 0 Td (Date of)Tj 10.921 0 Td ( )Tj 2.6 0 Td (Amount raised)Tj -50.444 -1.2 Td (Title \(1\))Tj 17.681 -0.1 Td ( )Tj 2.6 0.1 Td (Interest Rate \(%\))Tj 14.041 -0.1 Td ( )Tj 2.6 0.1 Td (final maturity)Tj 10.921 -0.1 Td ( )Tj 2.6 0.1 Td (\(millions of US$\))Tj 12.5 0 0 12.5 25 604.6082 Tm (Treasury Bonds \227 Series 46)Tj 12.945 0 Td ( )Tj 2.08 0 Td (Libor + 1.5% US$ )Tj 11.233 0 Td ( )Tj 2.08 0 Td (August 2006)Tj 8.737 0 Td ( )Tj 4.153 0 Td (164)Tj -41.228 -1.2 Td (Treasury Bonds \227 Series 47)Tj 12.945 0 Td ( )Tj 2.08 0 Td (Libor + 1.5% US$ )Tj 11.233 0 Td ( )Tj 2.08 0 Td (December 2006)Tj 8.737 0 Td ( )Tj 4.403 0 Td (70)Tj -41.478 -1.2 Td (Treasury Bonds \227 Series 48)Tj 12.945 0 Td ( )Tj 2.08 0 Td (Libor + 1.0% US$ )Tj 11.233 0 Td ( )Tj 2.08 0 Td (May 2009)Tj 8.737 0 Td ( )Tj 4.403 0 Td (50)Tj -41.478 -1.2 Td (Treasury Bonds \227 Series 49)Tj 12.945 0 Td ( )Tj 2.08 0 Td (Libor + 1.0% US$ )Tj 11.233 0 Td ( )Tj 2.08 0 Td (June 2012)Tj 8.737 0 Td ( )Tj 4.403 0 Td (60)Tj -41.478 -1.2 Td (Treasury Bonds \227 Series 50)Tj 12.945 0 Td ( )Tj 2.08 0 Td (Libor + 1.0% US$ )Tj 11.233 0 Td ( )Tj 2.08 0 Td (August 2012)Tj 8.737 0 Td ( )Tj 4.403 0 Td (40)Tj -41.478 -1.2 Td (Treasury Bonds \227 Series 51)Tj 12.945 0 Td ( )Tj 2.08 0 Td (Libor + 1.0% US$ )Tj 11.233 0 Td ( )Tj 2.08 0 Td (September 2012)Tj 8.737 0 Td ( )Tj 4.403 0 Td (50)Tj -41.478 -1.2 Td (Treasury Bonds \227 Series 52)Tj 12.945 0 Td ( )Tj 2.08 0 Td (Libor + 1.0% US$ )Tj 11.233 0 Td ( )Tj 2.08 0 Td (February 2010)Tj 8.737 0 Td ( )Tj 4.403 0 Td (90)Tj -41.478 -1.2 Td (Treasury Bonds \227 Series 53)Tj 12.945 0 Td ( )Tj 2.08 0 Td (Libor + 1.75% US$ )Tj 11.233 0 Td ( )Tj 2.08 0 Td (March 2011)Tj 8.737 0 Td ( )Tj 4.403 0 Td (11)Tj -41.478 -1.2 Td (Treasury Bonds \227 Series 54)Tj 12.945 0 Td ( )Tj 2.08 0 Td (Libor + 2% US$ )Tj 11.233 0 Td ( )Tj 2.08 0 Td (May 2013)Tj 8.737 0 Td ( )Tj 4.153 0 Td (105)Tj -41.228 -1.2 Td ( )Tj 12.945 0 Td ( )Tj 2.08 0 Td ( )Tj 11.233 0 Td ( )Tj 2.08 0 Td ( )Tj 8.737 0 Td ( )Tj 4.778 0 Td ( )Tj -41.853 -1.2 Td (Treasury Bonds \227 Series 30 )Tj 0 -1.2 TD (TF)Tj 12.945 0 Td ( )Tj 2.08 1.2 Td (7.5% US$ )Tj 11.233 -1.2 Td ( )Tj 2.08 1.2 Td (March 2011)Tj 8.737 -1.2 Td ( )Tj 4.153 1.2 Td (299)Tj -41.228 -2.4 Td (Treasury Bonds \227 Series 31 )Tj T* (TF)Tj 12.945 0 Td ( )Tj 2.08 1.2 Td (9.75% US$)Tj 11.233 -1.2 Td ( )Tj 2.08 1.2 Td (February 2012)Tj 8.737 -1.2 Td ( )Tj 4.403 1.2 Td (40)Tj -41.478 -2.4 Td ( )Tj 12.945 0 Td ( )Tj 2.08 0 Td ( )Tj 11.233 0 Td ( )Tj 2.08 0 Td ( )Tj 8.737 0 Td ( )Tj 4.778 0 Td ( )Tj -41.853 -1.2 Td (Provisional Bond 2007)Tj 12.945 0 Td ( )Tj 2.08 0 Td (7.625% US$)Tj 11.233 0 Td ( )Tj 2.08 0 Td (March 2007)Tj 8.737 0 Td ( )Tj 4.153 0 Td (116)Tj -41.228 -1.2 Td (Provisional Bond 2010)Tj 12.945 0 Td ( )Tj 2.08 0 Td (8% US$)Tj 11.233 0 Td ( )Tj 2.08 0 Td (February 2010)Tj 8.737 0 Td ( )Tj 4.403 0 Td (50)Tj -41.478 -1.2 Td (Provisional Bond 2008)Tj 12.945 0 Td ( )Tj 2.08 0 Td (2.625% UR)Tj 11.233 0 Td ( )Tj 2.08 0 Td (June 2008)Tj 8.737 0 Td ( )Tj 4.653 0 Td (6)Tj -41.728 -1.2 Td (UI Bond)Tj 12.945 0 Td ( )Tj 2.08 0 Td (7% UI)Tj 11.233 0 Td ( )Tj 2.08 0 Td (June 2012)Tj 8.737 0 Td ( )Tj 4.153 0 Td (476)Tj -41.228 -1.2 Td (Zero-coupon bond)Tj 12.945 0 Td ( )Tj 2.08 0 Td (8.25% US$)Tj 11.233 0 Td ( )Tj 2.08 0 Td (Various 2014 - 2020)Tj 8.737 0 Td ( )Tj 4.653 0 Td (2)Tj -41.728 -1.2 Td ( )Tj 12.945 0 Td ( )Tj 2.08 0 Td ( )Tj 11.233 0 Td ( )Tj 2.08 0 Td ( )Tj 8.737 0 Td ( )Tj 4.778 0 Td ( )Tj -41.853 -1.2 Td (Bond 2006 Fixed Rate)Tj 12.945 0 Td ( )Tj 2.08 0 Td (5.25%)Tj 11.233 0 Td ( )Tj 2.08 0 Td (September 2006)Tj 8.737 0 Td ( )Tj 4.153 0 Td (101)Tj -41.228 -1.2 Td (Bond 2010 Fixed Rate)Tj 12.945 0 Td ( )Tj 2.08 0 Td (7.50%)Tj 11.233 0 Td ( )Tj 2.08 0 Td (December 2010)Tj 8.737 0 Td ( )Tj 4.403 0 Td (25)Tj -41.478 -1.2 Td (Bond 2012 Fixed Rate)Tj 12.945 0 Td ( )Tj 2.08 0 Td (7.63%)Tj 11.233 0 Td ( )Tj 2.08 0 Td (March 2012)Tj 8.737 0 Td ( )Tj 4.403 0 Td (98)Tj -41.478 -1.2 Td (Bond 2018 Fixed Rate)Tj 12.945 0 Td ( )Tj 2.08 0 Td (8.00%)Tj 11.233 0 Td ( )Tj 2.08 0 Td (February 2018)Tj 8.737 0 Td ( )Tj 4.403 0 Td (41)Tj -41.478 -1.2 Td (Bond 2019 Fixed Rate)Tj 12.945 0 Td ( )Tj 2.08 0 Td (7.50%)Tj 11.233 0 Td ( )Tj 2.08 0 Td (March 2019)Tj 8.737 0 Td ( )Tj 4.153 0 Td (325)Tj -41.228 -1.2 Td (Bond 2020 Fixed Rate)Tj 12.945 0 Td ( )Tj 2.08 0 Td (9.75%)Tj 11.233 0 Td ( )Tj 2.08 0 Td (February 2020)Tj 8.737 0 Td ( )Tj 4.403 0 Td (22)Tj -41.478 -1.2 Td (Bond 2011 Fixed Rate)Tj 12.945 0 Td ( )Tj 2.08 0 Td (4.00%)Tj 11.233 0 Td ( )Tj 2.08 0 Td (November 2011)Tj 8.737 0 Td ( )Tj 4.403 0 Td (21)Tj -41.478 -1.2 Td (Bond 2008 Floating Rate)Tj 12.945 0 Td ( )Tj 2.08 0 Td (Libor + 1.75)Tj 11.233 0 Td ( )Tj 2.08 0 Td (December 2008)Tj 8.737 0 Td ( )Tj 4.403 0 Td (41)Tj -41.478 -1.2 Td (Bond 2009 Floating Rate)Tj 12.945 0 Td ( )Tj 2.08 0 Td (Libor + 1.5)Tj 11.233 0 Td ( )Tj 2.08 0 Td (November 2009)Tj 8.737 0 Td ( )Tj 4.403 0 Td (20)Tj -41.478 -1.2 Td (Bond 2010 Floating Rate)Tj 12.945 0 Td ( )Tj 2.08 0 Td (Libor + 1.5)Tj 11.233 0 Td ( )Tj 2.08 0 Td (September 2010)Tj 8.737 0 Td ( )Tj 4.403 0 Td (33)Tj -41.478 -1.2 Td (Bond 2011 Floating Rate)Tj 12.945 0 Td ( )Tj 2.08 0 Td (Libor + 1.5)Tj 11.233 0 Td ( )Tj 2.08 0 Td (August 2011)Tj 8.737 0 Td ( )Tj 4.403 0 Td (25)Tj -41.478 -1.2 Td (Bond 2017 Floating Rate)Tj 12.945 0 Td ( )Tj 2.08 0 Td (Libor + 1)Tj 11.233 0 Td ( )Tj 2.08 0 Td (June 2017)Tj 8.737 0 Td ( )Tj 4.403 0 Td (14)Tj -41.478 -1.2 Td (Bond 2018 Floating Rate)Tj 12.945 0 Td ( )Tj 2.08 0 Td (Libor + 2)Tj 11.233 0 Td ( )Tj 2.08 0 Td (March 2018)Tj 8.737 0 Td ( )Tj 4.653 0 Td (3)Tj -41.728 -1.2 Td (Bond 2010 Incremental Rate)Tj 12.945 0 Td ( )Tj 2.08 0 Td (Starting from 4% + 0.5%)Tj 11.233 0 Td ( )Tj 2.08 0 Td (June 2010)Tj 8.737 0 Td ( )Tj 4.153 0 Td (185)Tj -41.228 -1.2 Td (Bond 2013 Incremental Rate)Tj 12.945 0 Td ( )Tj 2.08 0 Td (Starting from 4% + 0.5%)Tj 11.233 0 Td ( )Tj 2.08 0 Td (May 2013)Tj 8.737 0 Td ( )Tj 4.153 0 Td (325)Tj -41.228 -1.2 Td (Bond 2018 Incremental Rate)Tj 12.945 0 Td ( )Tj 2.08 0 Td (Starting from 4% + 0.5%)Tj 11.233 0 Td ( )Tj 2.08 0 Td (April 2018)Tj 8.737 0 Td ( )Tj 4.153 0 Td (322)Tj ET EMC /Artifact <>BDC Q 0 0 0 rg BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(44 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 695 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n BT /TT0 1 Tf 12.5 0 0 12.5 285.6938 805.1705 Tm (S-24 )Tj ET 0.5 0.5 0.5 rg 10 773 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(45 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 696 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /WebCaptureBG BMC /WebCaptureFN <>BDC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 701.951 m 228.417 701.951 l 228.417 702.951 l 10 702.951 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 244.019 701.951 m 394.831 701.951 l 394.831 702.951 l 244.019 702.951 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 410.432 701.951 m 498.839 701.951 l 498.839 702.951 l 410.432 702.951 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.44 701.951 m 585 701.951 l 585 702.951 l 514.44 702.951 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 686.951 218.417 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 228.417 686.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 244.019 686.951 150.812 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 394.831 686.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 410.432 686.951 88.407 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 498.839 686.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.44 686.951 70.56 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 656.951 218.417 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 228.417 656.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 244.019 656.951 150.812 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 394.831 656.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 410.432 656.951 88.407 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 498.839 656.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.44 656.951 70.56 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 626.951 218.417 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 228.417 626.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 244.019 626.951 150.812 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 394.831 626.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 410.432 626.951 88.407 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 498.839 626.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.44 626.951 70.56 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 596.951 218.417 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 228.417 596.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 244.019 596.951 150.812 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 394.831 596.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 410.432 596.951 88.407 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 498.839 596.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.44 596.951 70.56 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 551.951 218.417 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 228.417 551.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 244.019 551.951 150.812 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 394.831 551.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 410.432 551.951 88.407 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 498.839 551.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.44 551.951 70.56 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 506.951 218.417 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 228.417 506.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 244.019 506.951 150.812 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 394.831 506.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 410.432 506.951 88.407 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 498.839 506.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.44 506.951 70.56 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 461.951 218.417 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 228.417 461.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 244.019 461.951 150.812 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 394.831 461.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 410.432 461.951 88.407 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 498.839 461.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.44 461.951 70.56 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 416.951 218.417 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 228.417 416.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 244.019 416.951 150.812 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 394.831 416.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 410.432 416.951 88.407 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 498.839 416.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.44 416.951 70.56 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 386.951 218.417 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 228.417 386.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 244.019 386.951 150.812 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 394.831 386.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 410.432 386.951 88.407 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 498.839 386.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.44 386.951 70.56 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 356.951 218.417 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 228.417 356.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 244.019 356.951 150.812 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 394.831 356.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 410.432 356.951 88.407 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 498.839 356.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.44 356.951 70.56 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 326.951 218.417 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 228.417 326.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 244.019 326.951 150.812 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 394.831 326.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 410.432 326.951 88.407 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 498.839 326.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.44 326.951 70.56 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 281.951 218.417 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 228.417 281.951 15.601 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 244.019 281.951 150.812 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 394.831 281.951 15.601 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 410.432 281.951 88.407 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 498.839 281.951 15.601 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.44 281.951 70.56 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 251.951 218.417 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 228.417 251.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 244.019 251.951 150.812 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 394.831 251.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 410.432 251.951 88.407 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 498.839 251.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.44 251.951 70.56 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 221.951 218.417 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 228.417 221.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 244.019 221.951 150.812 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 394.831 221.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 410.432 221.951 88.407 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 498.839 221.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.44 221.951 70.56 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 191.951 218.417 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 228.417 191.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 244.019 191.951 150.812 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 394.831 191.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 410.432 191.951 88.407 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 498.839 191.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.44 191.951 70.56 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 161.951 218.417 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 228.417 161.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 244.019 161.951 150.812 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 394.831 161.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 410.432 161.951 88.407 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 498.839 161.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.44 161.951 70.56 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 131.951 218.417 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 228.417 131.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 244.019 131.951 150.812 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 394.831 131.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 410.432 131.951 88.407 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 498.839 131.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.44 131.951 70.56 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 101.951 218.417 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 228.417 101.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 244.019 101.951 150.812 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 394.831 101.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 410.432 101.951 88.407 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 498.839 101.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.44 101.951 70.56 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 41.951 218.417 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 228.417 41.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 244.019 41.951 150.812 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 394.831 41.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 410.432 41.951 88.407 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 498.839 41.951 15.601 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.44 41.951 70.56 15 re f EMC EMC EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 171.2625 746.1212 Tm (Public External Bonds Issued Outside Uruguay)Tj /TT1 1 Tf ( )Tj -12.901 -1.2 Td ( )Tj 17.473 0 Td ( )Tj 1.248 0 Td ( )Tj 12.065 0 Td ( )Tj 1.248 0 Td ( )Tj 7.073 0 Td ( )Tj 1.248 0 Td ( )Tj 10 0 0 10 10 718.2871 Tm ( )Tj 21.842 0 Td ( )Tj 1.56 0 Td (Annual)Tj 15.081 0 Td ( )Tj 1.56 0 Td (Date of)Tj 8.841 0 Td ( )Tj 1.56 0 Td (Amount raised)Tj -50.444 -1.2 Td (Title \(1\))Tj 21.842 -0.1 Td ( )Tj 1.56 0.1 Td (Interest Rate \(%\))Tj 15.081 -0.1 Td ( )Tj 1.56 0.1 Td (final maturity)Tj 8.841 -0.1 Td ( )Tj 1.56 0.1 Td (\(millions of US$\))Tj 12.5 0 0 12.5 25 691.1212 Tm (Eurobonds \226 Series D)Tj 16.273 0 Td ( )Tj 1.248 0 Td (8.375% US$ )Tj 12.065 0 Td ( )Tj 1.248 0 Td (September 2006)Tj 7.073 0 Td ( )Tj 3.321 0 Td (100)Tj -41.228 -1.2 Td (Global Bond 2008)Tj 16.273 0 Td ( )Tj 1.248 0 Td (7.000% US$ )Tj 12.065 0 Td ( )Tj 1.248 0 Td (April 2008)Tj 7.073 0 Td ( )Tj 3.321 0 Td (250)Tj -41.228 -1.2 Td (Global Bond 2009)Tj 16.273 0 Td ( )Tj 1.248 0 Td (7.25% US$ )Tj 12.065 0 Td ( )Tj 1.248 0 Td (May 2009)Tj 7.073 0 Td ( )Tj 3.321 0 Td (250)Tj -41.228 -1.2 Td (Global Bond 2010)Tj 16.273 0 Td ( )Tj 1.248 0 Td (8.75 % US$ )Tj 12.065 0 Td ( )Tj 1.248 0 Td (June 2010)Tj 7.073 0 Td ( )Tj 3.321 0 Td (300)Tj -41.228 -1.2 Td (Global Bond 2027)Tj 16.273 0 Td ( )Tj 1.248 0 Td (7.875% US$ )Tj 12.065 0 Td ( )Tj 1.248 0 Td (July 2027)Tj 7.073 0 Td ( )Tj 3.321 0 Td (510)Tj -41.228 -1.2 Td (Global Bond 2012)Tj 16.273 0 Td ( )Tj 1.248 0 Td (7.625% US$ )Tj 12.065 0 Td ( )Tj 1.248 0 Td (January 2012)Tj 7.073 0 Td ( )Tj 3.321 0 Td (410)Tj -41.228 -1.2 Td (Global Bond 2009)Tj 16.273 0 Td ( )Tj 1.248 0 Td (7.875% US$ )Tj 12.065 0 Td ( )Tj 1.248 0 Td (March 2009)Tj 7.073 0 Td ( )Tj 3.321 0 Td (250)Tj -41.228 -1.2 Td (Convertible Notes)Tj 16.273 0 Td ( )Tj 1.248 0 Td (Libor 3 m + 5.59 % )Tj 12.065 0 Td ( )Tj 1.248 0 Td (April 2007)Tj 7.073 0 Td ( )Tj 3.321 0 Td (150)Tj -41.228 -1.2 Td ( )Tj 16.273 0 Td ( )Tj 1.248 0 Td ( )Tj 12.065 0 Td ( )Tj 1.248 0 Td ( )Tj 7.073 0 Td ( )Tj 3.946 0 Td ( )Tj -41.853 -1.2 Td (Bonds YENS \(1\))Tj 16.273 0 Td ( )Tj 1.248 0 Td (2.5% YENS )Tj 12.065 0 Td ( )Tj 1.248 0 Td (April 2002)Tj 7.073 0 Td ( )Tj 3.571 0 Td (87)Tj -41.478 -1.2 Td (Bonds YENS due 2006)Tj 16.273 0 Td ( )Tj 1.248 0 Td (2.2 % YENS)Tj 12.065 0 Td ( )Tj 1.248 0 Td (March 2006)Tj 7.073 0 Td ( )Tj 3.321 0 Td (262)Tj -41.228 -1.2 Td ( )Tj 16.273 0 Td ( )Tj 1.248 0 Td ( )Tj 12.065 0 Td ( )Tj 1.248 0 Td ( )Tj 7.073 0 Td ( )Tj 3.946 0 Td ( )Tj -41.853 -1.2 Td (Eurobonds \226 Euros 2000 1a)Tj 16.273 0 Td ( )Tj 1.248 0 Td (7 % EUROS)Tj 12.065 0 Td ( )Tj 1.248 0 Td (September 2005)Tj 7.073 0 Td ( )Tj 3.321 0 Td (288)Tj -41.228 -1.2 Td (Eurobonds \226 Euros 2001 1a)Tj 16.273 0 Td ( )Tj 1.248 0 Td (7 % EUROS)Tj 12.065 0 Td ( )Tj 1.248 0 Td (June 2011)Tj 7.073 0 Td ( )Tj 3.321 0 Td (256)Tj -41.228 -1.2 Td ( )Tj 16.273 0 Td ( )Tj 1.248 0 Td ( )Tj 12.065 0 Td ( )Tj 1.248 0 Td ( )Tj 7.073 0 Td ( )Tj 3.946 0 Td ( )Tj -41.853 -1.2 Td (Bond Chile 1a)Tj 16.273 0 Td ( )Tj 1.248 0 Td (7.0 % UF Chile)Tj 12.065 0 Td ( )Tj 1.248 0 Td (May 2007)Tj 7.073 0 Td ( )Tj 3.321 0 Td (142)Tj -41.228 -1.2 Td (Bond Chile 2a)Tj 16.273 0 Td ( )Tj 1.248 0 Td (6.375 % UF Chile)Tj 12.065 0 Td ( )Tj 1.248 0 Td (March 2011)Tj 7.073 0 Td ( )Tj 3.321 0 Td (150)Tj -41.228 -1.2 Td ( )Tj 16.273 0 Td ( )Tj 1.248 0 Td ( )Tj 12.065 0 Td ( )Tj 1.248 0 Td ( )Tj 7.073 0 Td ( )Tj 3.946 0 Td ( )Tj -41.853 -1.2 Td (Bond due 2017 9.25%)Tj 16.273 0 Td ( )Tj 1.248 0 Td (9.250%)Tj 12.065 0 Td ( )Tj 1.248 0 Td (May 2017)Tj 7.073 0 Td ( )Tj 3.321 0 Td (500)Tj -41.228 -1.2 Td (Mat Ext Bonds 7 7/8% 18/11/2008)Tj 16.273 0 Td ( )Tj 1.248 0 Td (7.875%)Tj 12.065 0 Td ( )Tj 1.248 0 Td (November 2008)Tj 7.073 0 Td ( )Tj 3.571 0 Td (84)Tj -41.478 -1.2 Td (Mat Ext Bonds 7% 01/04/2013)Tj 16.273 0 Td ( )Tj 1.248 0 Td (7.00%)Tj 12.065 0 Td ( )Tj 1.248 0 Td (April 2013)Tj 7.073 0 Td ( )Tj 3.571 0 Td (64)Tj -41.478 -1.2 Td (Mat Ext Bond 7.875% 25/03/2014)Tj 16.273 0 Td ( )Tj 1.248 0 Td (7.88%)Tj 12.065 0 Td ( )Tj 1.248 0 Td (March 2014)Tj 7.073 0 Td ( )Tj 3.571 0 Td (20)Tj -41.478 -1.2 Td (Mat Ext Bond 7.25% 04/05/2014)Tj 16.273 0 Td ( )Tj 1.248 0 Td (7.25%)Tj 12.065 0 Td ( )Tj 1.248 0 Td (May 2014)Tj 7.073 0 Td ( )Tj 3.571 0 Td (31)Tj -41.478 -1.2 Td (Mat Ext Bond 8.75% 22/06/2015)Tj 16.273 0 Td ( )Tj 1.248 0 Td (8.75%)Tj 12.065 0 Td ( )Tj 1.248 0 Td (June 2015)Tj 7.073 0 Td ( )Tj 3.571 0 Td (51)Tj -41.478 -1.2 Td (Mat Ext Bond 7.625% 20/01/2017)Tj 16.273 0 Td ( )Tj 1.248 0 Td (7.63%)Tj 12.065 0 Td ( )Tj 1.248 0 Td (January 2017)Tj 7.073 0 Td ( )Tj 3.571 0 Td (41)Tj -41.478 -1.2 Td (Mat Ext Bond 8.375% 26/09/2011)Tj 16.273 0 Td ( )Tj 1.248 0 Td (8.38%)Tj 12.065 0 Td ( )Tj 1.248 0 Td (September 2011)Tj 7.073 0 Td ( )Tj 3.571 0 Td (61)Tj -41.478 -1.2 Td (Benchmark 7.875% PIK 15/01/2033)Tj 16.273 -1.2 Td ( )Tj 1.248 1.2 Td (M\341x 7.875%; inicia 3.875%)Tj 0 -1.2 TD (+1% anual hasta 2007)Tj 12.065 0 Td ( )Tj 1.248 1.2 Td (January 2033)Tj 7.073 -1.2 Td ( )Tj 3.071 1.2 Td (1106)Tj -40.978 -2.4 Td (Benchmark Bond 7.5% 15/03/2015)Tj 16.273 0 Td ( )Tj 1.248 0 Td (7.50%)Tj 12.065 0 Td ( )Tj 1.248 0 Td (March 2015)Tj 7.073 0 Td ( )Tj 3.071 0 Td (1059)Tj -40.978 -1.2 Td (Benchmark Bond 7.25% 15/02/2011)Tj 16.273 0 Td ( )Tj 1.248 0 Td (7.25%)Tj 12.065 0 Td ( )Tj 1.248 0 Td (February 2011)Tj 7.073 0 Td ( )Tj 3.321 0 Td (500)Tj -41.228 -1.2 Td (Mat Ext Bond FRN due 02/01/2010)Tj 16.273 0 Td ( )Tj 1.248 0 Td (Libor + 0.875%)Tj 12.065 0 Td ( )Tj 1.248 0 Td (January 2010)Tj 7.073 0 Td ( )Tj 3.821 0 Td (5)Tj -41.728 -1.2 Td (Mat Ext. B. FRN due 02/07/2009)Tj 16.273 0 Td ( )Tj 1.248 0 Td (Libor + 1%)Tj 12.065 0 Td ( )Tj 1.248 0 Td (July 2009)Tj 7.073 0 Td ( )Tj 3.821 0 Td (1)Tj -41.728 -1.2 Td (Global 2022 \(2\))Tj 16.273 0 Td ( )Tj 1.248 0 Td (8.00%)Tj 12.065 0 Td ( )Tj 1.248 0 Td (November 2022)Tj 7.073 0 Td ( )Tj 3.071 0 Td (1200)Tj -40.978 -1.2 Td (Global Bond 2036)Tj 16.273 0 Td ( )Tj 1.248 0 Td (7.63%)Tj 12.065 0 Td ( )Tj 1.248 0 Td (March 2036)Tj 7.073 0 Td ( )Tj 3.321 0 Td (500)Tj -41.228 -1.2 Td (Bond Yen 3er series due 2011)Tj 16.273 0 Td ( )Tj 1.248 0 Td (2.50%)Tj 12.065 0 Td ( )Tj 1.248 0 Td (March 2011)Tj 7.073 0 Td ( )Tj 3.321 0 Td (196)Tj -41.228 -1.2 Td (Mat Ext Bond 7% 26/09/2012)Tj 16.273 0 Td ( )Tj 1.248 0 Td (7.00%)Tj 12.065 0 Td ( )Tj 1.248 0 Td (September 2012)Tj 7.073 0 Td ( )Tj 3.321 0 Td (111)Tj -41.228 -1.2 Td (Mat Ext Bond 7% 28/06/2019)Tj 16.273 0 Td ( )Tj 1.248 0 Td (7.00%)Tj 12.065 0 Td ( )Tj 1.248 0 Td (June 2019)Tj 7.073 0 Td ( )Tj 3.321 0 Td (139)Tj -41.228 -1.2 Td (6.875% Bonds due 2016 \(EUR\))Tj 16.273 0 Td ( )Tj 1.248 0 Td (6.875%)Tj 12.065 0 Td ( )Tj 1.248 0 Td (January 2016)Tj 7.073 0 Td ( )Tj 3.321 0 Td (384)Tj -41.228 -1.2 Td (6.375% UF Notes due 2016 \(CLP\))Tj 16.273 0 Td ( )Tj 1.248 0 Td (6.375%)Tj 12.065 0 Td ( )Tj 1.248 0 Td (March 2016)Tj 7.073 0 Td ( )Tj 3.821 0 Td (3)Tj -41.728 -1.2 Td (International UI Bond)Tj 16.273 0 Td ( )Tj 1.248 0 Td (10.50%)Tj 12.065 0 Td ( )Tj 1.248 0 Td (October 2006)Tj 7.073 0 Td ( )Tj 3.321 0 Td (408)Tj -41.228 -1.2 Td (Devaluation Protected Notes)Tj 16.273 -1.2 Td ( )Tj 1.248 1.2 Td (Highest of 17.75%, or )Tj 0 -1.2 TD (semestral devaluation.)Tj 12.065 0 Td ( )Tj 1.248 1.2 Td (February 2006)Tj 7.073 -1.2 Td ( )Tj 3.321 1.2 Td (308)Tj -41.228 -2.4 Td ( )Tj 16.273 0 Td ( )Tj 1.248 0 Td ( )Tj 12.065 0 Td ( )Tj 1.248 0 Td ( )Tj 7.073 0 Td ( )Tj 3.946 0 Td ( )Tj -41.853 -1.2 Td (UI Bonds due 2018 \(3\))Tj 16.273 0 Td ( )Tj 1.248 0 Td (5.00%)Tj 12.065 0 Td ( )Tj 1.248 0 Td (September 2018)Tj 7.073 0 Td ( )Tj 3.321 0 Td (400)Tj ET EMC /Artifact <>BDC Q 0 0 0 rg BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(46 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 697 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /WebCaptureBG BMC /WebCaptureFN <>BDC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 801.951 m 113.5 801.951 l 113.5 800.951 l 10 800.951 l h f EMC EMC EMC /Article <>BDC q 0 18 595 806 re W* n BT /TT0 1 Tf 3.75 0 0 3.75 10 797.7018 Tm ( )Tj 12.5 0 0 12.5 10 785.6212 Tm (Since January 1, 1996 the following bonds have been issued by the Govern\ ment of Uruguay.)Tj 3.75 0 0 3.75 10 778.2018 Tm ( )Tj 12.5 0 0 12.5 10 766.1212 Tm (\(1\))Tj 1.813 0 Td ( )Tj 0.466 0 Td (Valuated at 30/06/06)Tj 3.75 0 0 3.75 10 758.7018 Tm ( )Tj 12.5 0 0 12.5 10 746.6212 Tm (\(2\))Tj 1.813 0 Td ( )Tj 0.466 0 Td (500: US$ were issued after June 2006)Tj 3.75 0 0 3.75 10 739.2018 Tm ( )Tj 12.5 0 0 12.5 10 727.1212 Tm (\(3\))Tj 1.813 0 Td ( )Tj 0.466 0 Td (Issued on September 2006)Tj 3.75 0 0 3.75 10 719.7018 Tm ( )Tj 12.5 0 0 12.5 10 707.6212 Tm (Source: Banco Central.)Tj 22.055 -2.72 Td (S-25 )Tj ET 0.5 0.5 0.5 rg 10 641.451 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(47 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 698 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /WebCaptureBG BMC /WebCaptureFN <>BDC q 0 18 595 806 re W* n /Artifact <>BDC Q 154.598 652.992 m 198.698 652.992 l 198.698 653.992 l 154.598 653.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 231.019 652.992 m 268.903 652.992 l 268.903 653.992 l 231.019 653.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 301.224 652.992 m 345.324 652.992 l 345.324 653.992 l 301.224 653.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 377.645 652.992 m 421.745 652.992 l 421.745 653.992 l 377.645 653.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 454.066 652.992 m 498.166 652.992 l 498.166 653.992 l 454.066 653.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 530.488 652.992 m 574.587 652.992 l 574.587 653.992 l 530.488 653.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 622.992 122.689 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 132.689 622.992 21.909 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 154.598 622.992 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 170.573 622.992 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 198.698 622.992 10.413 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 209.11 622.992 21.909 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 231.019 622.992 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 246.994 622.992 21.909 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 268.903 622.992 10.413 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 279.315 622.992 21.909 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 301.224 622.992 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 317.199 622.992 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 345.324 622.992 10.413 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 355.736 622.992 21.909 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 377.645 622.992 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 393.62 622.992 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 421.745 622.992 10.413 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 432.158 622.992 21.909 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 454.066 622.992 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 470.041 622.992 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 498.166 622.992 10.413 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 508.579 622.992 21.909 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 530.488 622.992 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 546.462 622.992 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 574.587 622.992 10.413 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 154.598 607.992 m 198.698 607.992 l 198.698 606.992 l 154.598 606.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 231.019 607.992 m 268.903 607.992 l 268.903 606.992 l 231.019 606.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 301.224 607.992 m 345.324 607.992 l 345.324 606.992 l 301.224 606.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 377.645 607.992 m 421.745 607.992 l 421.745 606.992 l 377.645 606.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 454.066 607.992 m 498.166 607.992 l 498.166 606.992 l 454.066 606.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 530.488 607.992 m 574.587 607.992 l 574.587 606.992 l 530.488 606.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 575.792 122.689 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 132.689 575.792 21.909 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 154.598 575.792 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 170.573 575.792 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 198.698 575.792 10.413 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 209.11 575.792 21.909 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 231.019 575.792 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 246.994 575.792 21.909 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 268.903 575.792 10.413 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 279.315 575.792 21.909 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 301.224 575.792 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 317.199 575.792 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 345.324 575.792 10.413 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 355.736 575.792 21.909 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 377.645 575.792 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 393.62 575.792 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 421.745 575.792 10.413 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 432.158 575.792 21.909 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 454.066 575.792 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 470.041 575.792 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 498.166 575.792 10.413 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 508.579 575.792 21.909 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 530.488 575.792 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 546.462 575.792 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 574.587 575.792 10.413 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 154.598 575.792 m 198.698 575.792 l 198.698 574.792 l 154.598 574.792 l h f 154.598 573.792 m 198.698 573.792 l 198.698 572.792 l 154.598 572.792 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 231.019 575.792 m 268.903 575.792 l 268.903 574.792 l 231.019 574.792 l h f 231.019 573.792 m 268.903 573.792 l 268.903 572.792 l 231.019 572.792 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 301.224 575.792 m 345.324 575.792 l 345.324 574.792 l 301.224 574.792 l h f 301.224 573.792 m 345.324 573.792 l 345.324 572.792 l 301.224 572.792 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 377.645 575.792 m 421.745 575.792 l 421.745 574.792 l 377.645 574.792 l h f 377.645 573.792 m 421.745 573.792 l 421.745 572.792 l 377.645 572.792 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 454.066 575.792 m 498.166 575.792 l 498.166 574.792 l 454.066 574.792 l h f 454.066 573.792 m 498.166 573.792 l 498.166 572.792 l 454.066 572.792 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 530.488 575.792 m 574.587 575.792 l 574.587 574.792 l 530.488 574.792 l h f 530.488 573.792 m 574.587 573.792 l 574.587 572.792 l 530.488 572.792 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 506.592 m 113.5 506.592 l 113.5 505.592 l 10 505.592 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 150.714 332.057 m 201.064 332.057 l 201.064 333.057 l 150.714 333.057 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 226.648 332.057 m 276.998 332.057 l 276.998 333.057 l 226.648 333.057 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 302.583 332.057 m 352.933 332.057 l 352.933 333.057 l 302.583 333.057 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 378.517 332.057 m 428.867 332.057 l 428.867 333.057 l 378.517 333.057 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 454.452 332.057 m 504.802 332.057 l 504.802 333.057 l 454.452 333.057 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 530.386 332.057 m 580.736 332.057 l 580.736 333.057 l 530.386 333.057 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 302.057 119.394 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 129.394 302.057 21.32 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 150.714 302.057 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 166.689 302.057 34.375 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 201.064 302.057 4.264 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 205.328 302.057 21.32 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 226.648 302.057 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 242.623 302.057 34.375 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 276.998 302.057 4.264 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 281.262 302.057 21.32 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 302.583 302.057 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 318.558 302.057 34.375 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 352.933 302.057 4.264 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 357.197 302.057 21.32 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 378.517 302.057 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 394.492 302.057 34.375 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 428.867 302.057 4.264 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 433.131 302.057 21.32 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 454.452 302.057 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 470.427 302.057 34.375 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 504.802 302.057 4.264 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 509.066 302.057 21.32 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 530.386 302.057 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 546.361 302.057 34.375 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 580.736 302.057 4.264 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 242.057 119.394 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 129.394 242.057 21.32 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 150.714 242.057 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 166.689 242.057 34.375 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 201.064 242.057 4.264 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 205.328 242.057 21.32 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 226.648 242.057 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 242.623 242.057 34.375 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 276.998 242.057 4.264 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 281.262 242.057 21.32 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 302.583 242.057 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 318.558 242.057 34.375 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 352.933 242.057 4.264 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 357.197 242.057 21.32 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 378.517 242.057 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 394.492 242.057 34.375 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 428.867 242.057 4.264 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 433.131 242.057 21.32 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 454.452 242.057 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 470.427 242.057 34.375 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 504.802 242.057 4.264 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 509.066 242.057 21.32 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 530.386 242.057 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 546.361 242.057 34.375 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 580.736 242.057 4.264 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 150.714 227.057 m 201.064 227.057 l 201.064 226.057 l 150.714 226.057 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 226.648 227.057 m 276.998 227.057 l 276.998 226.057 l 226.648 226.057 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 302.583 227.057 m 352.933 227.057 l 352.933 226.057 l 302.583 226.057 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 378.517 227.057 m 428.867 227.057 l 428.867 226.057 l 378.517 226.057 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 454.452 227.057 m 504.802 227.057 l 504.802 226.057 l 454.452 226.057 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 530.386 227.057 m 580.736 227.057 l 580.736 226.057 l 530.386 226.057 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 179.857 119.394 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 129.394 179.857 21.32 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 150.714 179.857 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 166.689 179.857 34.375 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 201.064 179.857 4.264 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 205.328 179.857 21.32 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 226.648 179.857 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 242.623 179.857 34.375 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 276.998 179.857 4.264 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 281.262 179.857 21.32 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 302.583 179.857 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 318.558 179.857 34.375 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 352.933 179.857 4.264 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 357.197 179.857 21.32 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 378.517 179.857 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 394.492 179.857 34.375 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 428.867 179.857 4.264 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 433.131 179.857 21.32 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 454.452 179.857 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 470.427 179.857 34.375 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 504.802 179.857 4.264 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 509.066 179.857 21.32 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 530.386 179.857 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 546.361 179.857 34.375 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 580.736 179.857 4.264 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 150.714 179.857 m 201.064 179.857 l 201.064 178.857 l 150.714 178.857 l h f 150.714 177.857 m 201.064 177.857 l 201.064 176.857 l 150.714 176.857 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 226.648 179.857 m 276.998 179.857 l 276.998 178.857 l 226.648 178.857 l h f 226.648 177.857 m 276.998 177.857 l 276.998 176.857 l 226.648 176.857 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 302.583 179.857 m 352.933 179.857 l 352.933 178.857 l 302.583 178.857 l h f 302.583 177.857 m 352.933 177.857 l 352.933 176.857 l 302.583 176.857 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 378.517 179.857 m 428.867 179.857 l 428.867 178.857 l 378.517 178.857 l h f 378.517 177.857 m 428.867 177.857 l 428.867 176.857 l 378.517 176.857 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 454.452 179.857 m 504.802 179.857 l 504.802 178.857 l 454.452 178.857 l h f 454.452 177.857 m 504.802 177.857 l 504.802 176.857 l 454.452 176.857 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 530.386 179.857 m 580.736 179.857 l 580.736 178.857 l 530.386 178.857 l h f 530.386 177.857 m 580.736 177.857 l 580.736 176.857 l 530.386 176.857 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 155.657 m 113.5 155.657 l 113.5 154.657 l 10 154.657 l h f EMC EMC EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 749.6628 Tm ( The following table sets forth information regarding total external\ public debt service for the periods indicated. )Tj /TT1 1 Tf 15.556 -3.003 Td (Total External Public Debt Service)Tj /TT0 1 Tf ( )Tj -0.513 -1.197 Td (\(in millions of US$ except percentages\) )Tj -15.043 -1.2 Td ( )Tj 9.815 0 Td ( )Tj 1.753 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 0.833 0 Td ( )Tj 1.753 0 Td ( )Tj 1.278 0 Td ( )Tj 1.753 0 Td ( )Tj 0.833 0 Td ( )Tj 1.753 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 0.833 0 Td ( )Tj 1.753 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 0.833 0 Td ( )Tj 1.753 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 0.833 0 Td ( )Tj 1.753 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 10 0 0 10 10 669.3287 Tm ( )Tj 12.269 0 Td ( )Tj 2.191 0 Td ( )Tj 1.597 0 Td ( )Tj 2.813 0 Td ( )Tj 1.041 0 Td ( )Tj 2.191 0 Td ( )Tj 1.598 0 Td ( )Tj 2.191 0 Td ( )Tj 1.041 0 Td ( )Tj 2.191 0 Td ( )Tj 1.597 0 Td ( )Tj 2.813 0 Td ( )Tj 1.041 0 Td ( )Tj 2.191 0 Td ( )Tj 1.597 0 Td ( )Tj 2.813 0 Td ( )Tj 1.041 0 Td ( )Tj 2.191 0 Td ( )Tj 1.597 0 Td ( )Tj 2.813 0 Td ( )Tj 1.041 0 Td ( )Tj /TT1 1 Tf 3.368 -0.003 Td (June)Tj /TT0 1 Tf 3.233 0.003 Td ( )Tj -56.459 -1.3 Td ( )Tj 12.269 0 Td ( )Tj /TT1 1 Tf 3.396 0.097 Td (2001)Tj /TT0 1 Tf 3.205 -0.097 Td ( )Tj 1.041 0 Td ( )Tj /TT1 1 Tf 3.085 0.097 Td (2002)Tj /TT0 1 Tf 2.894 -0.097 Td ( )Tj 1.041 0 Td ( )Tj /TT1 1 Tf 3.396 0.097 Td (2003)Tj /TT0 1 Tf 3.205 -0.097 Td ( )Tj 1.041 0 Td ( )Tj /TT1 1 Tf 3.396 0.097 Td (2004)Tj /TT0 1 Tf 3.205 -0.097 Td ( )Tj 1.041 0 Td ( )Tj /TT1 1 Tf 2.9 0.097 Td (2005)Tj 8.5 0 0 8.5 481.1608 657.2954 Tm (\(1\))Tj /TT0 1 Tf 10 0 0 10 498.1663 656.3287 Tm ( )Tj 1.041 0 Td ( )Tj /TT1 1 Tf 2.405 0.097 Td (2006)Tj 8.5 0 0 8.5 552.6265 657.2954 Tm (\(1\)\(2\))Tj /TT0 1 Tf 10 0 0 10 574.5875 656.3287 Tm ( )Tj 12.5 0 0 12.5 25 627.1628 Tm (Interest payments)Tj 8.615 0 Td ( )Tj 1.753 1.2 Td (US)Tj 0 -1.2 TD ($)Tj 2.028 0 Td (355 )Tj 2.333 0 Td ( )Tj 1.753 1.2 Td (US)Tj T* ($)Tj 1.531 0 Td (373 )Tj 2.333 0 Td ( )Tj 1.753 1.2 Td (US)Tj T* ($)Tj 2.028 0 Td (435 )Tj 2.333 0 Td ( )Tj 1.753 1.2 Td (US)Tj T* ($)Tj 2.028 0 Td (491 )Tj 2.333 0 Td ( )Tj 1.753 1.2 Td (US)Tj T* ($)Tj 2.028 0 Td (584 )Tj 2.333 0 Td ( )Tj 1.753 1.2 Td (US)Tj T* ($)Tj 2.028 0 Td (633 )Tj -42.467 -1.2 Td (Amortizations)Tj 8.615 0 Td ( )Tj 1.753 0 Td ( )Tj 2.028 0 Td (672 )Tj 2.333 0 Td ( )Tj 1.753 0 Td ( )Tj 1.531 0 Td (546 )Tj 2.333 0 Td ( )Tj 1.753 0 Td ( )Tj 2.028 0 Td (956 )Tj 2.333 0 Td ( )Tj 1.753 0 Td ( )Tj 2.028 0 Td (821 )Tj 2.333 0 Td ( )Tj 1.753 0 Td ( )Tj 1.278 0 Td (1,114 )Tj 3.083 0 Td ( )Tj 1.753 0 Td ( )Tj 1.278 0 Td (2,029 )Tj 1 0 0 1 25 606.6259 Tm ( )Tj 107.689 0 Td ( )Tj 65.759 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 10.413 0 Td ( )Tj 59.542 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 10.413 0 Td ( )Tj 65.759 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 10.413 0 Td ( )Tj 65.759 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 10.413 0 Td ( )Tj 65.759 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 10.412 0 Td ( )Tj 65.759 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 12.5 0 0 12.5 25 579.9628 Tm (Total)Tj 8.615 0 Td ( )Tj 1.753 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (1,027 )Tj 3.083 0 Td ( )Tj 1.753 1.2 Td (US)Tj T* ($)Tj 1.531 0 Td (920 )Tj 2.333 0 Td ( )Tj 1.753 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (1,391 )Tj 3.083 0 Td ( )Tj 1.753 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (1,312 )Tj 3.083 0 Td ( )Tj 1.753 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (1,698 )Tj 3.083 0 Td ( )Tj 1.753 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (2,662 )Tj 1 0 0 1 25 573.4259 Tm ( )Tj 107.689 0 Td ( )Tj 65.759 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 10.413 0 Td ( )Tj 59.542 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 10.413 0 Td ( )Tj 65.759 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 10.413 0 Td ( )Tj 65.759 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 10.413 0 Td ( )Tj 65.759 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 10.412 0 Td ( )Tj 65.759 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 12.5 0 0 12.5 25 560.7628 Tm (Total debt service/)Tj T* (exports of goods and )Tj T* (services \(%\))Tj 8.615 0 Td ( )Tj 1.753 0 Td ( )Tj 1.778 0 Td (31.5% )Tj 4.336 0 Td ( )Tj 1.281 0 Td (34.1% )Tj 4.336 0 Td ( )Tj 1.778 0 Td (45.1% )Tj 4.336 0 Td ( )Tj 1.778 0 Td (32.7% )Tj 4.336 0 Td ( )Tj 1.778 0 Td (33.3% )Tj 4.336 0 Td ( )Tj 1.778 0 Td (49.0%)Tj 3.75 0 0 3.75 10 502.3434 Tm ( )Tj 12.5 0 0 12.5 10 490.2628 Tm (\(1\))Tj 3.055 0 Td ( )Tj 0.46 0 Td (Preliminary data.)Tj 3.75 0 0 3.75 10 482.8434 Tm ( )Tj 12.5 0 0 12.5 10 470.7628 Tm (\(2\))Tj 3.055 0 Td ( )Tj 0.46 0 Td (12 Month Accumulated Data at June 2006)Tj 3.75 0 0 3.75 10 463.3434 Tm ( )Tj /TT2 1 Tf 12.5 0 0 12.5 10 451.2276 Tm (Source)Tj /TT0 1 Tf (:)Tj 3.055 0.003 Td ( )Tj 0.46 0 Td (Banco Central.)Tj -3.515 -1.803 Td ( The following table sets forth information regarding total gross pu\ blic debt as of the dates indicated. )Tj /TT1 1 Tf 17.847 -3.003 Td (Total Gross Public Debt)Tj /TT0 1 Tf ( )Tj 1.111 -1.197 Td (\(in millions of US$\) )Tj -18.958 -1.2 Td ( )Tj 9.552 0 Td ( )Tj 1.706 0 Td ( )Tj 1.278 0 Td ( )Tj 2.75 0 Td ( )Tj 0.341 0 Td ( )Tj 1.706 0 Td ( )Tj 1.278 0 Td ( )Tj 2.75 0 Td ( )Tj 0.341 0 Td ( )Tj 1.706 0 Td ( )Tj 1.278 0 Td ( )Tj 2.75 0 Td ( )Tj 0.341 0 Td ( )Tj 1.706 0 Td ( )Tj 1.278 0 Td ( )Tj 2.75 0 Td ( )Tj 0.341 0 Td ( )Tj 1.706 0 Td ( )Tj 1.278 0 Td ( )Tj 2.75 0 Td ( )Tj 0.341 0 Td ( )Tj 1.706 0 Td ( )Tj 1.278 0 Td ( )Tj 2.75 0 Td ( )Tj 10 0 0 10 10 348.3936 Tm ( )Tj 11.939 0 Td ( )Tj 2.132 0 Td ( )Tj 1.597 0 Td ( )Tj 3.438 0 Td ( )Tj 0.426 0 Td ( )Tj 2.132 0 Td ( )Tj 1.597 0 Td ( )Tj 3.438 0 Td ( )Tj 0.426 0 Td ( )Tj 2.132 0 Td ( )Tj 1.597 0 Td ( )Tj 3.438 0 Td ( )Tj 0.426 0 Td ( )Tj 2.132 0 Td ( )Tj 1.597 0 Td ( )Tj 3.438 0 Td ( )Tj 0.426 0 Td ( )Tj 2.132 0 Td ( )Tj 1.597 0 Td ( )Tj 3.438 0 Td ( )Tj 0.426 0 Td ( )Tj /TT1 1 Tf 3.622 -0.003 Td (June)Tj /TT0 1 Tf 3.546 0.003 Td ( )Tj -57.074 -1.3 Td ( )Tj 11.939 0 Td ( )Tj /TT1 1 Tf 3.65 0.097 Td (2001)Tj /TT0 1 Tf 3.518 -0.097 Td ( )Tj 0.426 0 Td ( )Tj /TT1 1 Tf 3.65 0.097 Td (2002)Tj /TT0 1 Tf 3.518 -0.097 Td ( )Tj 0.426 0 Td ( )Tj /TT1 1 Tf 3.65 0.097 Td (2003)Tj /TT0 1 Tf 3.518 -0.097 Td ( )Tj 0.426 0 Td ( )Tj /TT1 1 Tf 3.65 0.097 Td (2004)Tj /TT0 1 Tf 3.518 -0.097 Td ( )Tj 0.426 0 Td ( )Tj /TT1 1 Tf 3.154 0.097 Td (2005)Tj 8.5 0 0 8.5 484.6711 336.3602 Tm (\(1\))Tj /TT0 1 Tf 10 0 0 10 504.8016 335.3936 Tm ( )Tj 0.426 0 Td ( )Tj /TT1 1 Tf 3.154 0.097 Td (2006)Tj 8.5 0 0 8.5 560.6054 336.3602 Tm (\(1\))Tj /TT0 1 Tf 10 0 0 10 580.7359 335.3936 Tm ( )Tj 12.5 0 0 12.5 25 321.2276 Tm (Gross public )Tj T* (external debt)Tj 8.352 0 Td ( )Tj 1.706 1.2 Td (US)Tj T* ($)Tj 1.778 0 Td (5,829 )Tj 2.591 0 Td ( )Tj 1.706 1.2 Td (US)Tj T* ($)Tj 1.778 0 Td (8,299 )Tj 2.591 0 Td ( )Tj 1.706 1.2 Td (US)Tj T* ($)Tj 1.778 0 Td (9,558 )Tj 2.591 0 Td ( )Tj 1.706 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (10,206 )Tj 3.091 0 Td ( )Tj 1.706 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (10,177 )Tj 3.091 0 Td ( )Tj 1.706 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (10,367 )Tj -41.709 -1.2 Td (Gross public )Tj 0 -1.2 TD (domestic debt)Tj 10.625 0 0 10.625 94.7875 276.2276 Tm (\(2\))Tj 12.5 0 0 12.5 129.3938 276.2276 Tm ( )Tj 1.706 0 Td ( )Tj 1.778 0 Td (4,244 )Tj 2.591 0 Td ( )Tj 1.706 0 Td ( )Tj 1.778 0 Td (3,087 )Tj 2.591 0 Td ( )Tj 1.706 0 Td ( )Tj 1.778 0 Td (2,606 )Tj 2.591 0 Td ( )Tj 1.706 0 Td ( )Tj 1.778 0 Td (3,116 )Tj 2.591 0 Td ( )Tj 1.706 0 Td ( )Tj 1.778 0 Td (3,767 )Tj 2.591 0 Td ( )Tj 1.706 0 Td ( )Tj 1.778 0 Td (4,145 )Tj -41.009 -1.2 Td (Non-financial )Tj 0 -1.2 TD (public sector)Tj 7.152 0 Td ( )Tj 1.706 0 Td ( )Tj 1.778 0 Td (2,614 )Tj 2.591 0 Td ( )Tj 1.706 0 Td ( )Tj 1.778 0 Td (2,433 )Tj 2.591 0 Td ( )Tj 1.706 0 Td ( )Tj 1.778 0 Td (2,029 )Tj 2.591 0 Td ( )Tj 1.706 0 Td ( )Tj 1.778 0 Td (2,185 )Tj 2.591 0 Td ( )Tj 1.706 0 Td ( )Tj 1.778 0 Td (2,538 )Tj 2.591 0 Td ( )Tj 1.706 0 Td ( )Tj 1.778 0 Td (2,624 )Tj -41.009 -1.2 Td (Central Bank)Tj 7.152 0 Td ( )Tj 1.706 0 Td ( )Tj 1.778 0 Td (1,629 )Tj 2.591 0 Td ( )Tj 1.706 0 Td ( )Tj 2.528 0 Td (654 )Tj 1.841 0 Td ( )Tj 1.706 0 Td ( )Tj 2.528 0 Td (576 )Tj 1.841 0 Td ( )Tj 1.706 0 Td ( )Tj 2.528 0 Td (931 )Tj 1.841 0 Td ( )Tj 1.706 0 Td ( )Tj 1.778 0 Td (1,229 )Tj 2.591 0 Td ( )Tj 1.706 0 Td ( )Tj 1.778 0 Td (1,521 )Tj 1 0 0 1 25 225.6908 Tm ( )Tj 104.394 0 Td ( )Tj 71.42 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 4.264 0 Td ( )Tj 71.42 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 4.264 0 Td ( )Tj 71.42 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 4.264 0 Td ( )Tj 71.42 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 4.264 0 Td ( )Tj 71.42 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 4.264 0 Td ( )Tj 71.42 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 12.5 0 0 12.5 25 214.0276 Tm ( )Tj 8.352 0 Td ( )Tj 1.706 0 Td ( )Tj 1.278 0 Td ( )Tj 2.75 0 Td ( )Tj 0.341 0 Td ( )Tj 1.706 0 Td ( )Tj 1.278 0 Td ( )Tj 2.75 0 Td ( )Tj 0.341 0 Td ( )Tj 1.706 0 Td ( )Tj 1.278 0 Td ( )Tj 2.75 0 Td ( )Tj 0.341 0 Td ( )Tj 1.706 0 Td ( )Tj 1.278 0 Td ( )Tj 2.75 0 Td ( )Tj 0.341 0 Td ( )Tj 1.706 0 Td ( )Tj 1.278 0 Td ( )Tj 2.75 0 Td ( )Tj 0.341 0 Td ( )Tj 1.706 0 Td ( )Tj 1.278 0 Td ( )Tj 2.75 0 Td ( )Tj -44.459 -2.4 Td (Total public debt)Tj 8.352 0 Td ( )Tj 1.706 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (10,072 )Tj 3.091 0 Td ( )Tj 1.706 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (11,386 )Tj 3.091 0 Td ( )Tj 1.706 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (12,163 )Tj 3.091 0 Td ( )Tj 1.706 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (13,322 )Tj 3.091 0 Td ( )Tj 1.706 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (13,944 )Tj 3.091 0 Td ( )Tj 1.706 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (14,512 )Tj 1 0 0 1 25 177.4908 Tm ( )Tj 104.394 0 Td ( )Tj 71.42 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 4.264 0 Td ( )Tj 71.42 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 4.264 0 Td ( )Tj 71.42 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 4.264 0 Td ( )Tj 71.42 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 4.264 0 Td ( )Tj 71.42 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 4.264 0 Td ( )Tj 71.42 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 3.75 0 0 3.75 10 151.4083 Tm ( )Tj 12.5 0 0 12.5 10 139.3277 Tm (\(1\))Tj 3.055 0 Td ( )Tj 0.46 0 Td (Preliminary data.)Tj 3.75 0 0 3.75 10 131.9083 Tm ( )Tj 12.5 0 0 12.5 10 119.8277 Tm (\(2\))Tj 3.055 0 Td ( )Tj 0.46 0 Td (Public debt with uruguayan residents excluding Treasury bonds and Treasu\ ry bills hold by the public )Tj T* (sector.)Tj 3.75 0 0 3.75 10 97.4083 Tm ( )Tj /TT2 1 Tf 12.5 0 0 12.5 10 85.2925 Tm (Source)Tj /TT0 1 Tf (:)Tj 3.055 0.003 Td ( )Tj 0.46 0 Td (Banco Central.)Tj -3.515 -1.803 Td ( The following table sets forth information regarding the amortizati\ on of total gross public debt. )Tj ET EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(48 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 699 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /WebCaptureBG BMC /WebCaptureFN <>BDC q 0 18 595 806 re W* n /Artifact <>BDC Q 92.54 722 m 145.89 722 l 145.89 723 l 92.54 723 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 160.897 722 m 195.622 722 l 195.622 723 l 160.897 723 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 210.63 722 m 254.73 722 l 254.73 723 l 210.63 723 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 269.737 722 m 313.837 722 l 313.837 723 l 269.737 723 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 328.844 722 m 363.569 722 l 363.569 723 l 328.844 723 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 378.576 722 m 413.301 722 l 413.301 723 l 378.576 723 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 428.309 722 m 472.409 722 l 472.409 723 l 428.309 723 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 487.416 722 m 522.141 722 l 522.141 723 l 487.416 723 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 537.148 722 m 581.248 722 l 581.248 723 l 537.148 723 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 692 71.285 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 81.285 692 11.255 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 92.54 692 18.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 111.515 692 34.375 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 145.89 692 3.752 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 149.642 692 11.255 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 160.897 692 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 176.872 692 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 195.622 692 3.752 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 199.374 692 11.255 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 210.63 692 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 226.605 692 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 254.73 692 3.752 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 258.481 692 11.255 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 269.737 692 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 285.712 692 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 313.837 692 3.752 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 317.589 692 11.255 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 328.844 692 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 344.819 692 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 363.569 692 3.752 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 367.321 692 11.255 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 378.576 692 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 394.551 692 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 413.301 692 3.752 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 417.053 692 11.255 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 428.309 692 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 444.284 692 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 472.409 692 3.752 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 476.16 692 11.255 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 487.416 692 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 503.391 692 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 522.141 692 3.752 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 525.893 692 11.255 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 537.148 692 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 553.123 692 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 581.248 692 3.752 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 92.54 662 m 145.89 662 l 145.89 661 l 92.54 661 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 160.897 662 m 195.622 662 l 195.622 661 l 160.897 661 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 210.63 662 m 254.73 662 l 254.73 661 l 210.63 661 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 269.737 662 m 313.837 662 l 313.837 661 l 269.737 661 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 328.844 662 m 363.569 662 l 363.569 661 l 328.844 661 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 378.576 662 m 413.301 662 l 413.301 661 l 378.576 661 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 428.309 662 m 472.409 662 l 472.409 661 l 428.309 661 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 487.416 662 m 522.141 662 l 522.141 661 l 487.416 661 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 537.148 662 m 581.248 662 l 581.248 661 l 537.148 661 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 629.8 71.285 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 81.285 629.8 11.255 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 92.54 629.8 18.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 111.515 629.8 34.375 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 145.89 629.8 3.752 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 149.642 629.8 11.255 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 160.897 629.8 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 176.872 629.8 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 195.622 629.8 3.752 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 199.374 629.8 11.255 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 210.63 629.8 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 226.605 629.8 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 254.73 629.8 3.752 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 258.481 629.8 11.255 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 269.737 629.8 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 285.712 629.8 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 313.837 629.8 3.752 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 317.589 629.8 11.255 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 328.844 629.8 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 344.819 629.8 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 363.569 629.8 3.752 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 367.321 629.8 11.255 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 378.576 629.8 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 394.551 629.8 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 413.301 629.8 3.752 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 417.053 629.8 11.255 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 428.309 629.8 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 444.284 629.8 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 472.409 629.8 3.752 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 476.16 629.8 11.255 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 487.416 629.8 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 503.391 629.8 18.75 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 522.141 629.8 3.752 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 525.893 629.8 11.255 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 537.148 629.8 15.975 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 553.123 629.8 28.125 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 581.248 629.8 3.752 30 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 92.54 629.8 m 145.89 629.8 l 145.89 628.8 l 92.54 628.8 l h f 92.54 627.8 m 145.89 627.8 l 145.89 626.8 l 92.54 626.8 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 160.897 629.8 m 195.622 629.8 l 195.622 628.8 l 160.897 628.8 l h f 160.897 627.8 m 195.622 627.8 l 195.622 626.8 l 160.897 626.8 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 210.63 629.8 m 254.73 629.8 l 254.73 628.8 l 210.63 628.8 l h f 210.63 627.8 m 254.73 627.8 l 254.73 626.8 l 210.63 626.8 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 269.737 629.8 m 313.837 629.8 l 313.837 628.8 l 269.737 628.8 l h f 269.737 627.8 m 313.837 627.8 l 313.837 626.8 l 269.737 626.8 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 328.844 629.8 m 363.569 629.8 l 363.569 628.8 l 328.844 628.8 l h f 328.844 627.8 m 363.569 627.8 l 363.569 626.8 l 328.844 626.8 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 378.576 629.8 m 413.301 629.8 l 413.301 628.8 l 378.576 628.8 l h f 378.576 627.8 m 413.301 627.8 l 413.301 626.8 l 378.576 626.8 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 428.309 629.8 m 472.409 629.8 l 472.409 628.8 l 428.309 628.8 l h f 428.309 627.8 m 472.409 627.8 l 472.409 626.8 l 428.309 626.8 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 487.416 629.8 m 522.141 629.8 l 522.141 628.8 l 487.416 628.8 l h f 487.416 627.8 m 522.141 627.8 l 522.141 626.8 l 487.416 626.8 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 537.148 629.8 m 581.248 629.8 l 581.248 628.8 l 537.148 628.8 l h f 537.148 627.8 m 581.248 627.8 l 581.248 626.8 l 537.148 626.8 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 605.6 m 113.5 605.6 l 113.5 604.6 l 10 604.6 l h f EMC EMC EMC /Article <>BDC q 0 18 595 806 re W* n BT /TT0 1 Tf 12.5 0 0 12.5 189 805.1288 Tm (Amortization of Gross Public Total Debt)Tj /TT1 1 Tf ( )Tj 4.638 -1.197 Td (\(in millions of US$\) )Tj -18.958 -1.2 Td ( )Tj 5.703 0 Td ( )Tj 0.9 0 Td ( )Tj 1.518 0 Td ( )Tj 2.75 0 Td ( )Tj 0.3 0 Td ( )Tj 0.9 0 Td ( )Tj 1.278 0 Td ( )Tj 1.5 0 Td ( )Tj 0.3 0 Td ( )Tj 0.9 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 0.3 0 Td ( )Tj 0.9 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 0.3 0 Td ( )Tj 0.9 0 Td ( )Tj 1.278 0 Td ( )Tj 1.5 0 Td ( )Tj 0.3 0 Td ( )Tj 0.9 0 Td ( )Tj 1.278 0 Td ( )Tj 1.5 0 Td ( )Tj 0.3 0 Td ( )Tj 0.9 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 0.3 0 Td ( )Tj 0.9 0 Td ( )Tj 1.278 0 Td ( )Tj 1.5 0 Td ( )Tj 0.3 0 Td ( )Tj 0.9 0 Td ( )Tj 1.278 0 Td ( )Tj 2.25 0 Td ( )Tj 10 0 0 10 10 762.3364 Tm ( )Tj 7.128 0 Td ( )Tj /TT0 1 Tf 1.126 -0.003 Td (Outstanding)Tj /TT1 1 Tf 5.335 0.003 Td ( )Tj 0.375 0 Td ( )Tj 1.126 0 Td ( )Tj 1.597 0 Td ( )Tj 1.875 0 Td ( )Tj 0.375 0 Td ( )Tj 1.126 0 Td ( )Tj 1.597 0 Td ( )Tj 2.813 0 Td ( )Tj 0.375 0 Td ( )Tj 1.126 0 Td ( )Tj 1.597 0 Td ( )Tj 2.813 0 Td ( )Tj 0.375 0 Td ( )Tj 1.126 0 Td ( )Tj 1.597 0 Td ( )Tj 1.875 0 Td ( )Tj 0.375 0 Td ( )Tj 1.126 0 Td ( )Tj 1.597 0 Td ( )Tj 1.875 0 Td ( )Tj 0.375 0 Td ( )Tj 1.126 0 Td ( )Tj 1.597 0 Td ( )Tj 2.813 0 Td ( )Tj 0.375 0 Td ( )Tj 1.126 0 Td ( )Tj 1.597 0 Td ( )Tj 1.875 0 Td ( )Tj 0.375 0 Td ( )Tj 3.206 0 Td ( )Tj 2.33 0 Td ( )Tj -57.125 -1.2 Td ( )Tj 7.128 0 Td ( )Tj /TT0 1 Tf 2.807 -0.003 Td (as of)Tj /TT1 1 Tf 3.654 0.003 Td ( )Tj 0.375 0 Td ( )Tj 1.126 0 Td ( )Tj 1.597 0 Td ( )Tj 1.875 0 Td ( )Tj 0.375 0 Td ( )Tj 1.126 0 Td ( )Tj 1.597 0 Td ( )Tj 2.813 0 Td ( )Tj 0.375 0 Td ( )Tj 1.126 0 Td ( )Tj 1.597 0 Td ( )Tj 2.813 0 Td ( )Tj 0.375 0 Td ( )Tj 1.126 0 Td ( )Tj 1.597 0 Td ( )Tj 1.875 0 Td ( )Tj 0.375 0 Td ( )Tj 1.126 0 Td ( )Tj 1.597 0 Td ( )Tj 1.875 0 Td ( )Tj 0.375 0 Td ( )Tj 1.126 0 Td ( )Tj 1.597 0 Td ( )Tj 2.813 0 Td ( )Tj 0.375 0 Td ( )Tj 1.126 0 Td ( )Tj 1.597 0 Td ( )Tj 1.875 0 Td ( )Tj 0.375 0 Td ( )Tj /TT0 1 Tf 1.789 -0.003 Td (2013 to)Tj /TT1 1 Tf 3.747 0.003 Td ( )Tj -57.125 -1.2 Td ( )Tj 7.128 0 Td ( )Tj /TT0 1 Tf 2.015 -0.003 Td (June 30,)Tj /TT1 1 Tf 4.445 0.003 Td ( )Tj 0.375 0 Td ( )Tj 1.126 0 Td ( )Tj 1.597 0 Td ( )Tj 1.875 0 Td ( )Tj 0.375 0 Td ( )Tj 1.126 0 Td ( )Tj 1.597 0 Td ( )Tj 2.813 0 Td ( )Tj 0.375 0 Td ( )Tj 1.126 0 Td ( )Tj 1.597 0 Td ( )Tj 2.813 0 Td ( )Tj 0.375 0 Td ( )Tj 1.126 0 Td ( )Tj 1.597 0 Td ( )Tj 1.875 0 Td ( )Tj 0.375 0 Td ( )Tj 1.126 0 Td ( )Tj 1.597 0 Td ( )Tj 1.875 0 Td ( )Tj 0.375 0 Td ( )Tj 1.126 0 Td ( )Tj 1.597 0 Td ( )Tj 2.813 0 Td ( )Tj 0.375 0 Td ( )Tj 1.126 0 Td ( )Tj 1.597 0 Td ( )Tj 1.875 0 Td ( )Tj 0.375 0 Td ( )Tj /TT0 1 Tf 2.219 -0.003 Td (Final)Tj /TT1 1 Tf 3.317 0.003 Td ( )Tj -57.125 -1.3 Td ( )Tj 7.128 0 Td ( )Tj /TT0 1 Tf 2.298 0.097 Td (2006)Tj 8.5 0 0 8.5 124.2595 726.3031 Tm (\(1\))Tj /TT1 1 Tf 10 0 0 10 145.89 725.3364 Tm ( )Tj 0.375 0 Td ( )Tj /TT0 1 Tf 1.862 0.097 Td (2006)Tj /TT1 1 Tf 2.736 -0.097 Td ( )Tj 0.375 0 Td ( )Tj /TT0 1 Tf 2.331 0.097 Td (2007)Tj /TT1 1 Tf 3.205 -0.097 Td ( )Tj 0.375 0 Td ( )Tj /TT0 1 Tf 2.331 0.097 Td (2008)Tj /TT1 1 Tf 3.205 -0.097 Td ( )Tj 0.375 0 Td ( )Tj /TT0 1 Tf 1.862 0.097 Td (2009)Tj /TT1 1 Tf 2.736 -0.097 Td ( )Tj 0.375 0 Td ( )Tj /TT0 1 Tf 1.862 0.097 Td (2010)Tj /TT1 1 Tf 2.736 -0.097 Td ( )Tj 0.375 0 Td ( )Tj /TT0 1 Tf 2.331 0.097 Td (2011)Tj /TT1 1 Tf 3.205 -0.097 Td ( )Tj 0.375 0 Td ( )Tj /TT0 1 Tf 1.862 0.097 Td (2012)Tj /TT1 1 Tf 2.736 -0.097 Td ( )Tj 0.375 0 Td ( )Tj /TT0 1 Tf 1.387 0.097 Td (Maturity)Tj /TT1 1 Tf 4.149 -0.097 Td ( )Tj 12.5 0 0 12.5 25 711.1705 Tm (External )Tj 0 -1.2 TD (Debt)Tj 4.503 0 Td ( )Tj 0.9 1.2 Td (US)Tj T* ($)Tj 1.518 0 Td (10,367 )Tj 3.05 0 Td ( )Tj 0.9 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (662 )Tj 1.8 0 Td ( )Tj 0.9 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (1,559 )Tj 2.55 0 Td ( )Tj 0.9 1.2 Td (US)Tj T* ($)Tj 2.028 0 Td (748 )Tj 1.8 0 Td ( )Tj 0.9 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (505 )Tj 1.8 0 Td ( )Tj 0.9 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (461 )Tj 1.8 0 Td ( )Tj 0.9 1.2 Td (US)Tj T* ($)Tj 2.028 0 Td (933 )Tj 1.8 0 Td ( )Tj 0.9 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (262 )Tj 1.8 0 Td ( )Tj 0.9 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (5,237 )Tj -42.25 -1.2 Td (Internal )Tj 0 -1.2 TD (Debt)Tj 4.503 0 Td ( )Tj 0.9 0 Td ( )Tj 2.018 0 Td (4,145 )Tj 2.55 0 Td ( )Tj 0.9 0 Td ( )Tj 1.278 0 Td (226 )Tj 1.8 0 Td ( )Tj 0.9 0 Td ( )Tj 2.028 0 Td (524 )Tj 1.8 0 Td ( )Tj 0.9 0 Td ( )Tj 2.028 0 Td (312 )Tj 1.8 0 Td ( )Tj 0.9 0 Td ( )Tj 1.278 0 Td (320 )Tj 1.8 0 Td ( )Tj 0.9 0 Td ( )Tj 1.278 0 Td (367 )Tj 1.8 0 Td ( )Tj 0.9 0 Td ( )Tj 2.028 0 Td (197 )Tj 1.8 0 Td ( )Tj 0.9 0 Td ( )Tj 1.278 0 Td (256 )Tj 1.8 0 Td ( )Tj 0.9 0 Td ( )Tj 1.278 0 Td (1,944 )Tj 1 0 0 1 25 660.6336 Tm ( )Tj 56.285 0 Td ( )Tj 64.355 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 3.752 0 Td ( )Tj 45.73 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 3.752 0 Td ( )Tj 55.105 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 3.752 0 Td ( )Tj 55.105 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 3.752 0 Td ( )Tj 45.73 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 3.752 0 Td ( )Tj 45.73 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 3.752 0 Td ( )Tj 55.105 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 3.752 0 Td ( )Tj 45.73 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 3.752 0 Td ( )Tj 55.105 -0.5 Td ( )Tj 0.25 0.5 Td ( )Tj 12.5 0 0 12.5 25 633.9705 Tm (Total)Tj 4.503 0 Td ( )Tj 0.9 1.2 Td (US)Tj 0 -1.2 TD ($)Tj 1.518 0 Td (14,512 )Tj 3.05 0 Td ( )Tj 0.9 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (888 )Tj 1.8 0 Td ( )Tj 0.9 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (2,083 )Tj 2.55 0 Td ( )Tj 0.9 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (1,060 )Tj 2.55 0 Td ( )Tj 0.9 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (825 )Tj 1.8 0 Td ( )Tj 0.9 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (828 )Tj 1.8 0 Td ( )Tj 0.9 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (1,129 )Tj 2.55 0 Td ( )Tj 0.9 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (518 )Tj 1.8 0 Td ( )Tj 0.9 1.2 Td (US)Tj T* ($)Tj 1.278 0 Td (7,181 )Tj 1 0 0 1 25 627.4336 Tm ( )Tj 56.285 0 Td ( )Tj 64.355 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 3.752 0 Td ( )Tj 45.73 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 3.752 0 Td ( )Tj 55.105 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 3.752 0 Td ( )Tj 55.105 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 3.752 0 Td ( )Tj 45.73 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 3.752 0 Td ( )Tj 45.73 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 3.752 0 Td ( )Tj 55.105 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 3.752 0 Td ( )Tj 45.73 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 3.752 0 Td ( )Tj 55.105 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 3.75 0 0 3.75 10 601.3511 Tm ( )Tj 12.5 0 0 12.5 10 589.2705 Tm (\(1\))Tj 6.668 0 Td ( )Tj 2.223 0 Td (Preliminary data.)Tj 13.165 -2.72 Td (S-26 )Tj ET 0.5 0.5 0.5 rg 10 523.1 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(49 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 700 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /WebCaptureBG BMC /WebCaptureFN <>BDC q 0 18 595 806 re W* n /Artifact <>BDC Q 451.169 637.992 m 509.229 637.992 l 509.229 638.992 l 451.169 638.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.908 637.992 m 574.587 637.992 l 574.587 638.992 l 541.908 638.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 622.992 413.936 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 423.936 622.992 27.233 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 451.169 622.992 23.685 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 474.854 622.992 34.375 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 509.229 622.992 5.447 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.676 622.992 27.233 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.908 622.992 5.447 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 547.355 622.992 27.233 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 574.587 622.992 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 592.992 413.936 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 423.936 592.992 27.233 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 451.169 592.992 23.685 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 474.854 592.992 34.375 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 509.229 592.992 5.447 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.676 592.992 27.233 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.908 592.992 5.447 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 547.355 592.992 27.233 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 574.587 592.992 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 562.992 413.936 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 423.936 562.992 27.233 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 451.169 562.992 23.685 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 474.854 562.992 34.375 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 509.229 562.992 5.447 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.676 562.992 27.233 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.908 562.992 5.447 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 547.355 562.992 27.233 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 574.587 562.992 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 532.992 413.936 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 423.936 532.992 27.233 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 451.169 532.992 23.685 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 474.854 532.992 34.375 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 509.229 532.992 5.447 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 514.676 532.992 27.233 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.908 532.992 5.447 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 547.355 532.992 27.233 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 574.587 532.992 10.413 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 0 0 0 rg 451.169 532.992 m 509.229 532.992 l 509.229 531.992 l 451.169 531.992 l h f 451.169 530.992 m 509.229 530.992 l 509.229 529.992 l 451.169 529.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 541.908 532.992 m 574.587 532.992 l 574.587 531.992 l 541.908 531.992 l h f 541.908 530.992 m 574.587 530.992 l 574.587 529.992 l 541.908 529.992 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 508.792 m 113.5 508.792 l 113.5 507.792 l 10 507.792 l h f EMC EMC EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 749.6628 Tm ( The following table sets forth public external debt denominated in \ foreign currency, by currency as of the date )Tj 0 -1.2 TD (indicated. )Tj /TT1 1 Tf 12.834 -3.003 Td (Summary of Public External Debt By Currency)Tj /TT0 1 Tf ( )Tj 2.209 -1.197 Td (\(in millions of US$ except percentages\) )Tj -15.043 -1.2 Td ( )Tj 33.115 0 Td ( )Tj 2.179 0 Td ( )Tj 1.895 0 Td ( )Tj 2.75 0 Td ( )Tj 0.436 0 Td ( )Tj 2.179 0 Td ( )Tj 0.436 0 Td ( )Tj 2.179 0 Td ( )Tj 10 0 0 10 10 654.3287 Tm ( )Tj 41.394 0 Td ( )Tj /TT1 1 Tf 4.529 -0.003 Td (As of)Tj /TT0 1 Tf 4 0.003 Td ( )Tj 0.545 0 Td ( )Tj 4.232 0 Td ( )Tj 1.759 0 Td ( )Tj -56.459 -1.3 Td ( )Tj 41.394 0 Td ( )Tj /TT1 1 Tf 2.723 0.097 Td (June 30, 2006)Tj /TT0 1 Tf 5.806 -0.097 Td ( )Tj 0.545 0 Td ( )Tj /TT1 1 Tf 3.857 0.097 Td (%)Tj /TT0 1 Tf 2.134 -0.097 Td ( )Tj 12.5 0 0 12.5 25 627.1628 Tm (Uruguayan pesos)Tj 31.915 0 Td ( )Tj 2.179 0 Td ( )Tj 3.145 0 Td (269 )Tj 1.936 0 Td ( )Tj 2.179 0 Td ( )Tj 2.114 0 Td (3%)Tj -43.467 -1.2 Td (U.S. dollars)Tj 31.915 0 Td ( )Tj 2.179 0 Td ( )Tj 2.395 0 Td (7,117 )Tj 2.686 0 Td ( )Tj 2.179 0 Td ( )Tj 1.614 0 Td (69%)Tj -42.967 -1.2 Td (Euros)Tj 31.915 0 Td ( )Tj 2.179 0 Td ( )Tj 3.145 0 Td (690 )Tj 1.936 0 Td ( )Tj 2.179 0 Td ( )Tj 2.114 0 Td (7%)Tj -43.467 -1.2 Td (Japanese yen)Tj 31.915 0 Td ( )Tj 2.179 0 Td ( )Tj 3.145 0 Td (235 )Tj 1.936 0 Td ( )Tj 2.179 0 Td ( )Tj 2.114 0 Td (2%)Tj -43.467 -1.2 Td (DEG)Tj 31.915 0 Td ( )Tj 2.179 0 Td ( )Tj 2.395 0 Td (1,998 )Tj 2.686 0 Td ( )Tj 2.179 0 Td ( )Tj 1.614 0 Td (19%)Tj -42.967 -1.2 Td (Other)Tj 31.915 0 Td ( )Tj 2.179 0 Td ( )Tj 3.645 0 Td (57 )Tj 1.436 0 Td ( )Tj 2.179 0 Td ( )Tj 2.114 0 Td (1%)Tj -43.467 -1.2 Td (Total)Tj 31.915 0 Td ( )Tj 2.179 0 Td (US$)Tj 1.895 0 Td (10,367 )Tj 3.186 0 Td ( )Tj 2.179 0 Td ( )Tj 1.114 0 Td (100%)Tj 1 0 0 1 25 530.6259 Tm ( )Tj 398.936 0 Td ( )Tj 85.043 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 5.447 0 Td ( )Tj 59.662 -1.5 Td ( )Tj 0.25 1.5 Td ( )Tj 3.75 0 0 3.75 10 504.5434 Tm ( )Tj /TT2 1 Tf 12.5 0 0 12.5 10 492.4276 Tm (Source)Tj /TT0 1 Tf (:)Tj 12.553 0.003 Td ( )Tj 1.89 0 Td (Banco Central.)Tj 7.612 -2.723 Td (S-27 )Tj ET 0.5 0.5 0.5 rg 10 426.257 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(50 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 701 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 205.9937 746.1212 Tm (DESCRIPTION OF THE BONDS)Tj /TT1 1 Tf ( )Tj -15.68 -1.803 Td ( )Tj /TT2 1 Tf (Uruguay is issuing the Bonds under a trust indenture dated as of May 29,\ 2003 among Uruguay, Banco )Tj 0 -1.203 TD (Central, as financial agent to Uruguay, and The Bank of New York, as tru\ stee. The information contained in this )Tj 0 -1.2 TD (section and in the prospectus summarizes some of the terms of the bonds \ and the indenture. You should read the )Tj 0 -1.2 TD (information set forth below together with the section \223Description of\ the Securities\224 in the accompanying )Tj T* (prospectus, which summarizes the general terms of the bonds and the inde\ nture. You should read the indenture )Tj T* (and the form of bonds before making your investment decision. Uruguay ha\ s filed the indenture and the form of )Tj T* (bonds with the SEC and will also file copies of these documents at the o\ ffices of the trustee.)Tj /TT1 1 Tf ( )Tj 0 -1.803 TD ( )Tj /TT2 1 Tf (The accompanying prospectus sets forth the general terms of the Bonds. T\ his prospectus supplement describes )Tj 0 -1.203 TD (the terms of the Bonds in greater detail than the accompanying prospectu\ s and may provide information that )Tj 0 -1.2 TD (differs from the accompanying prospectus. If the information in this pro\ spectus supplement differs from the )Tj T* (accompanying prospectus, you should rely on the information in this pros\ pectus supplement.)Tj /TT1 1 Tf ( )Tj 22.055 -2.72 Td (S-28 )Tj ET 0.5 0.5 0.5 rg 10 499.81 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(51 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 702 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 749.6212 Tm (Terms of the Bonds)Tj /TT1 1 Tf ( )Tj 0 -1.8 TD ( The Bonds will: )Tj T* ( )Tj /TT0 1 Tf 2.3 -0.003 Td (\225)Tj /TT1 1 Tf 0.92 0.003 Td ( )Tj 0.46 0 Td (be represented by one or more global securities in fully registered form\ only, without coupons, as more )Tj 0 -1.2 TD (fully described under \223Registration and Book-Entry System\224 below i\ n denominations of US$1.00 and )Tj 0 -1.2 TD (integral multiples thereof;)Tj 7.5 0 0 7.5 10 663.953 Tm ( )Tj 12.5 0 0 12.5 10 650.6212 Tm ( )Tj /TT0 1 Tf 2.3 -0.003 Td (\225)Tj /TT1 1 Tf 0.92 0.003 Td ( )Tj 0.46 0 Td (be available in certificated form only under certain limited circumstanc\ es;)Tj 7.5 0 0 7.5 10 639.953 Tm ( )Tj 12.5 0 0 12.5 10 626.6212 Tm ( )Tj /TT0 1 Tf 2.3 -0.003 Td (\225)Tj /TT1 1 Tf 0.92 0.003 Td ( )Tj 0.46 0 Td (be direct, general, unconditional and unsecured obligations of Uruguay;)Tj 7.5 0 0 7.5 10 615.953 Tm ( )Tj 12.5 0 0 12.5 10 602.6212 Tm ( )Tj /TT0 1 Tf 2.3 -0.003 Td (\225)Tj /TT1 1 Tf 0.92 0.003 Td ( )Tj 0.46 0 Td (rank equal in right of payment with all of Uruguay\222s payment obligati\ ons relating to unsecured and )Tj 0 -1.2 TD (unsubordinated external indebtedness;)Tj 7.5 0 0 7.5 10 576.953 Tm ( )Tj 12.5 0 0 12.5 10 563.6212 Tm ( )Tj /TT0 1 Tf 2.3 -0.003 Td (\225)Tj /TT1 1 Tf 0.92 0.003 Td ( )Tj 0.46 0 Td (accrue interest on the outstanding principal amount from and including M\ arch 21, 2006 at the rate of )Tj T* (7.625% per annum, interest for any period less than a year being calcula\ ted on the basis of a 360-day )Tj T* (year of twelve 30-day months;)Tj 7.5 0 0 7.5 10 522.953 Tm ( )Tj 12.5 0 0 12.5 10 509.6212 Tm ( )Tj /TT0 1 Tf 2.3 -0.003 Td (\225)Tj /TT1 1 Tf 0.92 0.003 Td ( )Tj 0.46 0 Td (pay interest in U.S. dollars in arrears on March 21 and September 21 of \ each year, commencing on )Tj T* (March 21, 2007, with a final interest payment on the maturity date;)Tj 7.5 0 0 7.5 10 483.953 Tm ( )Tj 12.5 0 0 12.5 10 470.6212 Tm ( )Tj /TT0 1 Tf 2.3 -0.003 Td (\225)Tj /TT1 1 Tf 0.92 0.003 Td ( )Tj 0.46 0 Td (be consolidated, form a single series and be fully fungible with Uruguay\ \222s outstanding US$500,000,000 )Tj T* (7.625% Bonds due 2036 \(CUSIP No. 760942AS1, ISIN US760942AS16, Common C\ ode 024873811\) )Tj T* (and any additional bonds of that series to be issued in the concurrent e\ xchange offer;)Tj 7.5 0 0 7.5 10 429.953 Tm ( )Tj 12.5 0 0 12.5 10 416.6212 Tm ( )Tj /TT0 1 Tf 2.3 -0.003 Td (\225)Tj /TT1 1 Tf 0.92 0.003 Td ( )Tj 0.46 0 Td (mature on March 21, 2036; and)Tj 7.5 0 0 7.5 10 405.953 Tm ( )Tj 12.5 0 0 12.5 10 392.6212 Tm ( )Tj /TT0 1 Tf 2.3 -0.003 Td (\225)Tj /TT1 1 Tf 0.92 0.003 Td ( )Tj 0.46 0 Td (pay principal in three equal installments on March 21, 2034, March 21, 2\ 035 and the maturity date.)Tj /TT0 1 Tf -3.68 -2.403 Td (Payment of Principal and Interest)Tj /TT1 1 Tf ( )Tj 0 -1.8 TD ( If any date for an interest or principal payment on a Bond is a day\ on which banking institutions in New York )Tj 0 -1.2 TD (City are authorized or obligated by law or executive order to be closed,\ Uruguay will make the payment on the )Tj T* (next New York City banking day. No interest on the Bonds will accrue as \ a result of this delay in payment. )Tj 0 -1.8 TD ( If any money that Uruguay pays to the trustee or to any paying agen\ t to make payments on any Bonds is not )Tj 0 -1.2 TD (claimed at the end of two years after the applicable payment was due and\ payable, then the money will be repaid )Tj T* (to Uruguay on Uruguay\222s written request. After any such repayment, ne\ ither the trustee nor any paying agent will )Tj T* (be liable for that payment to the relevant holders. Uruguay will hold th\ e unclaimed money in trust for the relevant )Tj T* (holders until four years from the date on which the payment first became\ due. )Tj 22.055 -2.72 Td (S-29 )Tj ET 0.5 0.5 0.5 rg 10 161.409 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(52 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 703 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 749.6082 Tm ( )Tj /TT1 1 Tf (Global Bonds)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( Payments of principal, interest and additional amounts, if any, in \ respect of the Bonds will be made to DTC or )Tj 0 -1.2 TD (its nominee, as the registered holder of those global securities. Urugua\ y expects that the holders will be paid in )Tj 0 -1.2 TD (accordance with the procedures of DTC and its participants. Neither Urug\ uay nor the trustee, which will act as )Tj T* (Uruguay\222s principal paying agent, shall have any responsibility or li\ ability for any aspect of the records of, or )Tj T* (payments made by, DTC or its nominee, or any failure on the part of DTC \ in making payments to holders of the )Tj T* (Bonds from the funds it receives. )Tj 0 -1.804 TD ( )Tj /TT1 1 Tf (Certificated Bonds)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( Uruguay will arrange for payments to be made on any Bonds in certif\ icated form to the person in whose name )Tj 0 -1.2 TD (the certificated Bonds are registered, by wire transfer or by check mail\ ed to the holder\222s registered address. )Tj 0 -1.803 TD ( )Tj /TT2 1 Tf (Modifications)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( The indenture and the Bonds contain collective action clauses with \ provisions regarding future modifications )Tj 0 -1.2 TD (to the terms of the Bonds and to multiple series of debt securities issu\ ed under the indenture. )Tj 0 -1.8 TD ( Any modification, amendment, supplement or waiver to the indenture \ or the terms and conditions of the Bonds )Tj 0 -1.2 TD (may be made or given pursuant to \(i\) a written action of the holders o\ f the Bonds without the need for a meeting, )Tj T* (or \(ii\) by vote of the holders of the Bonds taken at a meeting of the \ respective holders thereof, in each case in )Tj T* (accordance with the applicable provisions of the indenture and the terms\ and conditions of the Bonds. )Tj 0 -1.8 TD ( Any modification, amendment, supplement or waiver to the terms and \ conditions of the Bonds, or to the )Tj 0 -1.2 TD (indenture insofar as it affects the Bonds, may generally be made, and fu\ ture compliance therewith may be waived, )Tj T* (with the consent of Uruguay and the holders of not less than 66-)Tj 10.625 0 0 10.625 330.7875 412.0121 Tm (2)Tj 12.5 0 0 12.5 336.1 412.0121 Tm (/)Tj 10.625 0 0 10.625 339.575 412.0121 Tm (3)Tj 12.5 0 0 12.5 344.8875 412.0121 Tm (% in aggregate principal amount of the Bonds )Tj -26.791 -1.2 Td (at the time outstanding. )Tj 0 -1.8 TD ( However, special requirements apply with respect to any modificatio\ n, amendment, supplement or waiver that )Tj 0 -1.2 TD (would: )Tj 0 -1.8 TD ( )Tj /TT2 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 0.92 0.003 Td ( )Tj 0.46 0 Td (change the date for payment of principal or premium of, or any installme\ nt of interest on, the Bonds;)Tj 7.5 0 0 7.5 10 326.3439 Tm ( )Tj 12.5 0 0 12.5 10 313.0121 Tm ( )Tj /TT2 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 0.92 0.003 Td ( )Tj 0.46 0 Td (reduce the principal amount or redemption price or premium, if any, paya\ ble under the Bonds;)Tj 7.5 0 0 7.5 10 302.3439 Tm ( )Tj 12.5 0 0 12.5 10 289.0121 Tm ( )Tj /TT2 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 0.92 0.003 Td ( )Tj 0.46 0 Td (reduce the portion of the principal amount which is payable in the event\ of an acceleration of the maturity of )Tj 0 -1.2 TD (the Bonds;)Tj 7.5 0 0 7.5 10 263.3439 Tm ( )Tj 12.5 0 0 12.5 10 250.0121 Tm ( )Tj /TT2 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 0.92 0.003 Td ( )Tj 0.46 0 Td (reduce the interest rate on the Bonds;)Tj 7.5 0 0 7.5 10 239.3439 Tm ( )Tj 12.5 0 0 12.5 10 226.0121 Tm ( )Tj /TT2 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 0.92 0.003 Td ( )Tj 0.46 0 Td (change the currency or place of payment of any amount payable under the \ Bonds;)Tj 7.5 0 0 7.5 10 215.3439 Tm ( )Tj 12.5 0 0 12.5 10 202.0121 Tm ( )Tj /TT2 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 0.92 0.003 Td ( )Tj 0.46 0 Td (change the obligation of Uruguay to pay additional amounts in respect of\ the Bonds;)Tj 7.5 0 0 7.5 10 191.3439 Tm ( )Tj 12.5 0 0 12.5 10 178.0121 Tm ( )Tj /TT2 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 0.92 0.003 Td ( )Tj 0.46 0 Td (change the definition of \223outstanding\224 or the percentage of votes \ required for the taking of any action )Tj T* (pursuant to the modification provisions of the indenture \(and the corre\ sponding provisions of the terms and )Tj T* (conditions of the Bonds\) in respect of the Bonds;)Tj 7.5 0 0 7.5 10 137.3439 Tm ( )Tj 12.5 0 0 12.5 10 124.0121 Tm ( )Tj /TT2 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 0.92 0.003 Td ( )Tj 0.46 0 Td (authorize the trustee, on behalf of all holders of the Bonds, to exchang\ e or substitute all the Bonds for, or )Tj T* (convert all the Bonds into, other obligations or securities of Uruguay o\ r any other Person; or)Tj 7.5 0 0 7.5 10 98.3439 Tm ( )Tj 12.5 0 0 12.5 10 85.0121 Tm ( )Tj /TT2 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 0.92 0.003 Td ( )Tj 0.46 -0.003 Td (change the )Tj /TT3 1 Tf (pari passu )Tj /TT0 1 Tf (ranking, governing law, submission to jurisdiction or waiver of immuniti\ es provisions )Tj T* (of the terms and conditions of the Bonds.)Tj ET EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(53 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 704 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n BT /TT0 1 Tf 12.5 0 0 12.5 285.6938 805.1705 Tm (S-30 )Tj ET 0.5 0.5 0.5 rg 10 773 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(54 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 705 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 742.1628 Tm ( We refer to the above subjects as \223reserve matters\224 and to an\ y modification, amendment, supplement or )Tj 0 -1.2 TD (waiver constituting a reserve matter as a \223reserve matter modificatio\ n.\224 )Tj 0 -1.8 TD ( Any reserve matter modification to the terms and conditions of the \ Bonds or to the indenture insofar as it )Tj 0 -1.2 TD (affects such Bonds \(but does not, in each case, modify the terms of any\ other debt securities issued under the )Tj T* (indenture\), may generally be made, and future compliance therewith may \ be waived, with the consent of Uruguay )Tj T* (and the holders of not less than 75% in aggregate principal amount of th\ e such Bonds at the time outstanding. )Tj 0 -1.8 TD ( If Uruguay proposes any reserve matter modification to the terms an\ d conditions of the Bonds and at least one )Tj 0 -1.2 TD (other series of debt securities issued under the indenture, or to the in\ denture insofar as it affects the Bonds and at )Tj T* (least one other series of debt securities issued under the indenture, in\ either case as part of a single transaction, )Tj T* (Uruguay may elect to proceed pursuant to provisions of the indenture pro\ viding that such modifications may be )Tj T* (made, and future compliance therewith may be waived, for any affected se\ ries if made with the consent of )Tj T* (Uruguay and: )Tj 0 -1.8 TD ( )Tj /TT1 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 0.92 0.003 Td ( )Tj 0.46 -0.003 Td (the holders of not less than 85% in aggregate principal amount of the ou\ tstanding debt securities of )Tj /TT2 1 Tf (all )Tj /TT0 1 Tf (series )Tj 0 -1.2 TD (that would be affected by that reserve matter modification \(taken in ag\ gregate\), and)Tj 7.5 0 0 7.5 10 513.9595 Tm ( )Tj 12.5 0 0 12.5 10 500.6276 Tm ( )Tj /TT1 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 0.92 0.003 Td ( )Tj 0.46 0 Td (the holders of not less than 66-)Tj 10.625 0 0 10.625 192.9 500.6276 Tm (2)Tj 12.5 0 0 12.5 198.2125 500.6276 Tm (/)Tj 10.625 0 0 10.625 201.6875 500.6276 Tm (3)Tj 12.5 0 0 12.5 207 500.6276 Tm (% in aggregate principal amount of the outstanding debt securities of ea\ ch )Tj -13.46 -1.2 Td (affected series \(taken individually\).)Tj -2.3 -1.8 Td ( If any reserve matter modification is sought in the context of a si\ multaneous offer to exchange any series of )Tj 0 -1.2 TD (the Bonds for new debt instruments of Uruguay or any other Person, Urugu\ ay shall ensure that the relevant )Tj T* (provisions of the applicable Bonds, as amended by such modification, are\ no less favorable to the holders thereof )Tj T* (than the provisions of the new instrument being offered in the exchange,\ or, if more than one debt instrument is so )Tj T* (offered, no less favorable than the new debt instrument issued having th\ e largest aggregate principal amount. )Tj 0 -1.8 TD ( Uruguay agrees that it will not issue new Bonds or reopen Bonds wit\ h the intention of placing such Bonds )Tj 0 -1.2 TD (with holders expected to support any modification proposed by Uruguay \(\ or that Uruguay plans to propose\) for )Tj T* (approval pursuant to the modification provisions of the indenture or the\ terms and conditions of the Bonds. )Tj 0 -1.8 TD ( Any modification consented to or approved by the holders of Bonds a\ nd the holders of any other series of debt )Tj 0 -1.2 TD (securities, if applicable, pursuant to the modification provisions will \ be conclusive and binding on all holders of )Tj T* (such Bonds, whether or not they have given such consent or were present \ at a meeting of holders at which such )Tj T* (action was taken, and on all future holders of such Bonds, whether or no\ t notation of such modification is made )Tj T* (upon such Bonds. Any instrument given by or on behalf of any holder of a\ Bond in connection with any consent )Tj T* (to or approval of any such modification will be conclusive and binding o\ n all subsequent holders of such Bond. )Tj 0 -1.8 TD ( Before seeking the consent of any holder of a Bond to a reserve mat\ ter modification affecting that series, )Tj 0 -1.2 TD (Uruguay shall provide to the trustee \(for onward distribution to the ho\ lders of such Bonds\) the following )Tj T* (information: )Tj 0 -1.8 TD ( )Tj /TT1 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 0.92 0.003 Td ( )Tj 0.46 0 Td (a description of the economic or financial circumstances that, in Urugua\ y\222s view, explain the request for the )Tj 0 -1.2 TD (proposed modification;)Tj 7.5 0 0 7.5 10 152.4595 Tm ( )Tj 12.5 0 0 12.5 10 139.1276 Tm ( )Tj /TT1 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 0.92 0.003 Td ( )Tj 0.46 0 Td (if Uruguay shall at the time have entered into a standby, extended funds\ or similar program with the )Tj 0 -1.2 TD (International Monetary Fund, a copy of that program \(including any rela\ ted technical memorandum\); and)Tj 7.5 0 0 7.5 10 113.4595 Tm ( )Tj 12.5 0 0 12.5 10 100.1276 Tm ( )Tj /TT1 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 0.92 0.003 Td ( )Tj 0.46 0 Td (a description of Uruguay\222s proposed treatment of its other major cred\ itor groups \(including, where )Tj T* (appropriate, Paris Club creditors, other bilateral creditors and interna\ l debtholders\) in connection with )Tj T* (Uruguay\222s efforts to address the situation giving rise to the request\ ed modification.)Tj ET EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(55 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 706 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n BT /TT0 1 Tf 12.5 0 0 12.5 285.6938 805.1705 Tm (S-31 )Tj ET 0.5 0.5 0.5 rg 10 773 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(56 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 707 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 742.1628 Tm ( For purposes of determining whether the required percentage of hold\ ers of Bonds of any series has approved )Tj 0 -1.2 TD (any modification, amendment, supplement or waiver or other action or ins\ truction pursuant to the indenture or, in )Tj T* (the case of a meeting, whether sufficient holders are present for quorum\ purposes, any Bonds of such series )Tj 0 -1.2 TD (owned or controlled, directly or indirectly, by Uruguay or any public se\ ctor instrumentality of Uruguay will be )Tj 0 -1.2 TD (disregarded and deemed to be not outstanding. As used in this paragraph,\ \223public sector instrumentality\224 means )Tj T* (Banco Central, any department, ministry or agency of the government of U\ ruguay or any corporation, trust, )Tj T* (financial institution or other entity owned or controlled by the governm\ ent of Uruguay or any of the foregoing, )Tj T* (and \223control\224 means the power, directly or indirectly, through the\ ownership of voting securities or other )Tj 0 -1.2 TD (ownership interests or otherwise, to direct the management of or elect o\ r appoint a majority of the board of )Tj T* (directors or other persons performing similar functions in lieu of, or i\ n addition to, the board of directors of a )Tj T* (corporation, trust, financial institution or other entity. In determinin\ g whether the trustee shall be protected in )Tj T* (relying upon any modification, amendment, supplement or waiver, or any n\ otice from holders, only Bonds that )Tj T* (the trustee knows to be so owned shall be so disregarded. )Tj 0 -1.8 TD ( Prior to any vote on a reserve matter modification affecting the Bo\ nds, Uruguay shall deliver to the trustee a )Tj 0 -1.2 TD (certificate signed by an authorized representative of Uruguay specifying\ , for Uruguay and each public sector )Tj T* (instrumentality, any Bonds of such series deemed to be not outstanding a\ s described above or, if no Bonds are )Tj T* (owned or controlled by Uruguay or any public sector instrumentality of s\ uch series, a certificate signed by an )Tj T* (authorized representative of Uruguay to this effect. )Tj /TT1 1 Tf 0 -2.403 TD (Limitation on Time for Claims)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( Claims against Uruguay for the payment of principal or interest on \ the Bonds \(including additional amounts\) )Tj 0 -1.2 TD (must be made within four years after the date on which such payment firs\ t became due, or a shorter period if )Tj T* (provided by law. )Tj /TT1 1 Tf 0 -1.803 TD (Additional Amounts)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( Uruguay will make all principal and interest payments on the Bonds \ without withholding or deducting any )Tj 0 -1.2 TD (present or future taxes imposed by Uruguay or any of its political subdi\ visions. If Uruguayan law requires )Tj 0 -1.2 TD (Uruguay to deduct or withhold taxes \(which it currently does not requir\ e\) with respect to the Bonds, Uruguay will )Tj T* (pay the holders of such Bonds the additional amounts necessary to ensure\ that they receive the same amount as )Tj T* (they would have received without any withholding or deduction. )Tj 0 -1.8 TD ( Uruguay will not, however, pay any additional amounts in connection\ with any tax, assessment or other )Tj 0 -1.2 TD (governmental charge that is imposed due to any of the following: )Tj 0 -1.8 TD ( )Tj /TT1 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 0.92 0.003 Td ( )Tj 0.46 0 Td (the holder of Bonds has or had some connection with Uruguay other than m\ erely owning the securities or )Tj 0 -1.2 TD (receiving principal and interest payments on the Bonds;)Tj 7.5 0 0 7.5 10 206.4113 Tm ( )Tj 12.5 0 0 12.5 10 193.0795 Tm ( )Tj /TT1 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 0.92 0.003 Td ( )Tj 0.46 0 Td (the holder of Bonds has failed to comply with any certification or other\ reporting requirement concerning its )Tj 0 -1.2 TD (nationality, residence, identity or connection with Uruguay, and Uruguay\ requires compliance with these )Tj T* (reporting requirements as a precondition to exemption from Uruguayan wit\ hholding taxes or deductions and )Tj 0 -1.2 TD (has provided notice of such requirement to the trustee at least 60 days \ prior to the date such compliance is )Tj 0 -1.2 TD (required; or)Tj 7.5 0 0 7.5 10 122.4113 Tm ( )Tj 12.5 0 0 12.5 10 109.0795 Tm ( )Tj /TT1 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 0.92 0.003 Td ( )Tj 0.46 0 Td (the holder of Bonds has failed to present its security within 30 days af\ ter a payment of principal or interest )Tj 0 -1.2 TD (has been made available to the holder.)Tj -2.3 -1.8 Td ( Uruguay will pay any administrative, excise or property taxes that \ arise in Uruguay under Uruguayan law in )Tj 0 -1.2 TD (connection with the Bonds. Uruguay will also indemnify the holder of Bon\ ds against any administrative, excise or )Tj T* (property taxes resulting from the enforcement of the obligations of Urug\ uay under the Bonds following an event )Tj ET EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(57 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 708 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n BT /TT0 1 Tf 12.5 0 0 12.5 10 805.1705 Tm (of default. )Tj 22.055 -2.72 Td (S-32 )Tj ET 0.5 0.5 0.5 rg 10 739 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(58 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 709 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 749.6212 Tm (Paying Agents and Transfer Agent)Tj /TT1 1 Tf ( )Tj 0 -1.8 TD ( So long as any Bonds remain outstanding, Uruguay will maintain a pr\ incipal paying agent in the United )Tj 0 -1.2 TD (Kingdom and a registrar in New York City for that series and maintain in\ New York City an office or agency )Tj 0 -1.2 TD (where notices and demands to or upon Uruguay in respect of the Bonds or \ of the indenture may be served. )Tj T* (Uruguay has initially designated the corporate trust office of the trust\ ee as the agency for each such purpose and )Tj T* (as the place where the Register will be maintained. )Tj 0 -1.8 TD ( Uruguay will provide prompt notice of the termination, appointment \ or change in the office of any paying )Tj 0 -1.2 TD (agent, transfer agent or registrar acting in connection with any series \ of securities. )Tj /TT0 1 Tf 0 -1.803 TD (Further Issues)Tj /TT1 1 Tf ( )Tj 0 -1.8 TD ( Uruguay may without the consent of the holders create and issue add\ itional securities with the same terms and )Tj 0 -1.2 TD (conditions as the Bonds \(or the same except for the amount of the first\ interest payment of the Bonds\) so long as )Tj T* (the additional securities are consolidated and form a single series with\ the outstanding Bonds. )Tj /TT0 1 Tf 0 -1.803 TD (Notices)Tj /TT1 1 Tf ( )Tj T* ( All notices to holders will be published in the )Tj /TT2 1 Tf (Financial Times )Tj /TT1 1 Tf (in London. If at any time publication in the )Tj /TT2 1 Tf 0 -1.203 TD (Financial Times )Tj /TT1 1 Tf (is not practicable, Uruguay will publish notices in another daily newspa\ per with general )Tj 0 -1.2 TD (circulation in London. Any notice so published shall be deemed to have b\ een given on the date of its publication. )Tj 0 -1.8 TD ( Notices will also be mailed to holders at their registered addresse\ s. So long as a clearing system, or its )Tj 0 -1.2 TD (nominee or common custodian, is the registered holder of a Bond represen\ ted by a global security or securities, )Tj T* (each person owning a beneficial interest in a global security must rely \ on the procedures of that clearing system to )Tj T* (receive notices provided to it. Each person owning a beneficial interest\ in a global security who is not a )Tj T* (participant in a clearing system must rely on the procedures of the part\ icipant through which the person owns its )Tj T* (interest in the global security to receive notices provided to the clear\ ing system. Uruguay will consider mailed )Tj T* (notice to have been given three business days after it has been sent. )Tj /TT0 1 Tf 0 -2.403 TD (Registration and Book-Entry System)Tj /TT1 1 Tf ( )Tj 0 -1.804 TD ( )Tj /TT3 1 Tf (Global Bonds)Tj /TT1 1 Tf ( )Tj 0 -1.8 TD ( The Bonds will be represented by interests in one or more permanent\ global securities in definitive fully )Tj 0 -1.2 TD (registered form, without interest coupons attached, which will be regist\ ered in the name of a nominee for DTC )Tj T* (and which will be deposited on or before the Closing Date with a custodi\ an for DTC. Financial institutions, acting )Tj T* (as direct and indirect participants in DTC, will represent your benefici\ al interests in the global security. These )Tj T* (financial institutions will record the ownership and transfer of your be\ neficial interests through book-entry )Tj T* (accounts, eliminating the need for physical movement of securities. )Tj 0 -1.8 TD ( If you wish to hold securities through the DTC system, you must eit\ her be a direct participant in DTC or hold )Tj 0 -1.2 TD (through a direct participant in DTC. Direct participants include securit\ ies brokers and dealers, banks, trust )Tj T* (companies, clearing corporations and certain other organizations that ha\ ve accounts with DTC. Euroclear and )Tj T* (Clearstream participate in DTC through their New York depositaries. Indi\ rect participants are securities brokers )Tj T* (and dealers, banks and trust companies that do not have an account with \ DTC, but that clear through or maintain a )Tj T* (custodial relationship with a direct participant. Thus, indirect partici\ pants have access to the DTC system through )Tj T* (direct participants. )Tj 0 -1.8 TD ( If you so choose, you may hold your beneficial interests in the glo\ bal security through Euroclear or )Tj 0 -1.2 TD (Clearstream, or indirectly through organizations that are participants i\ n such systems. Euroclear and Clearstream )Tj T* (will hold their participants\222 beneficial interests in the global secu\ rity in their customers\222 securities accounts with )Tj ET EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(59 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 710 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n BT /TT0 1 Tf 12.5 0 0 12.5 285.6938 797.8715 Tm (S-33 )Tj ET 0.5 0.5 0.5 rg 10 765.701 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(60 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 711 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 749.6628 Tm (their depositaries. These depositaries of Euroclear and Clearstream in t\ urn will hold such interests in their )Tj 0 -1.2 TD (customers\222 securities accounts with DTC. )Tj 0 -1.8 TD ( In sum, you may elect to hold your beneficial interests in a global\ bond: )Tj 0 -1.8 TD ( )Tj /TT1 1 Tf 2.3 -0.003 Td (\225)Tj /TT0 1 Tf 0.92 0.003 Td ( )Tj 0.46 0 Td (in the United States, through DTC;)Tj 7.5 0 0 7.5 10 678.9946 Tm ( )Tj 12.5 0 0 12.5 10 665.6628 Tm ( )Tj /TT1 1 Tf 2.3 -0.003 Td (\225)Tj /TT0 1 Tf 0.92 0.003 Td ( )Tj 0.46 0 Td (outside the United States, through Euroclear or Clearstream; or)Tj 7.5 0 0 7.5 10 654.9946 Tm ( )Tj 12.5 0 0 12.5 10 641.6628 Tm ( )Tj /TT1 1 Tf 2.3 -0.003 Td (\225)Tj /TT0 1 Tf 0.92 0.003 Td ( )Tj 0.46 0 Td (through organizations that participate in such systems.)Tj -3.68 -1.8 Td ( DTC may grant proxies or authorize its participants \(or persons ho\ lding beneficial interests in the global )Tj 0 -1.2 TD (securities through these participants\) to exercise any rights of a hold\ er or take any other actions that a holder is )Tj 0 -1.2 TD (entitled to take under the indenture or the Bonds. The ability of Eurocl\ ear or Clearstream to take actions as a )Tj T* (holder under the Bonds or the indenture will be limited by the ability o\ f their respective depositaries to carry out )Tj T* (such actions for them through DTC. Euroclear and Clearstream will take s\ uch actions only in accordance with )Tj T* (their respective rules and procedures. )Tj 0 -1.8 TD ( As an owner of a beneficial interest in the global securities, you \ will generally not be considered the holder of )Tj 0 -1.2 TD (any Bonds under the indenture for the Bonds of such series. )Tj 0 -1.8 TD ( The laws of some jurisdictions require that certain persons take ph\ ysical delivery of securities in certificated )Tj 0 -1.2 TD (form. Consequently, your ability to transfer beneficial interests in a g\ lobal security may be limited. )Tj /TT1 1 Tf 0 -1.803 TD (Certificated Securities)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( Uruguay will issue securities in certificated form in exchange for \ interests in a global security only if: )Tj T* ( )Tj /TT1 1 Tf 2.3 -0.003 Td (\225)Tj /TT0 1 Tf 0.92 0.003 Td ( )Tj 0.46 0 Td (the depositary notifies Uruguay that it is unwilling or unable to contin\ ue as depositary, is ineligible to act )Tj 0 -1.2 TD (as depositary and Uruguay or Banco Central acting on Uruguay\222s behalf\ does not appoint a successor )Tj T* (depositary or clearing agency within 90 days;)Tj 7.5 0 0 7.5 10 360.953 Tm ( )Tj 12.5 0 0 12.5 10 347.6212 Tm ( )Tj /TT1 1 Tf 2.3 -0.003 Td (\225)Tj /TT0 1 Tf 0.92 0.003 Td ( )Tj 0.46 0 Td (Uruguay decides it no longer wishes to have all or part of the Bonds rep\ resented by global securities; or)Tj 7.5 0 0 7.5 10 336.953 Tm ( )Tj 12.5 0 0 12.5 10 323.6212 Tm ( )Tj /TT1 1 Tf 2.3 -0.003 Td (\225)Tj /TT0 1 Tf 0.92 0.003 Td ( )Tj 0.46 0 Td (the trustee has instituted or been directed to institute any judicial pr\ oceeding to enforce the rights of the )Tj 0 -1.2 TD (holders under the Bonds and has been advised by its legal counsel that i\ t should obtain possession of the )Tj T* (securities for the proceeding.)Tj -3.68 -1.8 Td ( If a physical or certificated security becomes mutilated, defaced, \ destroyed, lost or stolen, Uruguay may issue, )Tj 0 -1.2 TD (and the trustee shall authenticate and deliver, a substitute security in\ replacement. In each case, the affected )Tj T* (holder will be required to furnish to Uruguay and to the trustee an inde\ mnity under which it will agree to pay )Tj T* (Uruguay, the trustee and any of their respective agents for any losses t\ hey may suffer relating to the security that )Tj 0 -1.2 TD (was mutilated, defaced, destroyed, lost or stolen. Uruguay and the trust\ ee may also require that the affected holder )Tj T* (present other documents or proof. The affected holder may be required to\ pay all taxes, expenses and reasonable )Tj T* (charges associated with the replacement of the mutilated, defaced, destr\ oyed, lost or stolen security. )Tj 0 -1.8 TD ( If Uruguay issues certificated securities, a holder of certificated\ securities may exchange them for securities of )Tj 0 -1.2 TD (a different authorized denomination by submitting the certificated secur\ ities, together with a written request for an )Tj T* (exchange, at the office of the trustee as specified in the indenture in \ New York City, or at the office of any paying )Tj T* (agent. In addition, the holder of any certificated security may transfer\ it in whole or in part by surrendering it at )Tj T* (any of such offices together with an executed instrument of transfer. )Tj 0 -1.8 TD ( Uruguay will not charge the holders for the costs and expenses asso\ ciated with the exchange, transfer or )Tj 0 -1.2 TD (registration of transfer of certificated securities. Uruguay may, howeve\ r, charge the holders for certain delivery )Tj ET EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(61 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 712 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n BT /TT0 1 Tf 12.5 0 0 12.5 285.6938 805.1705 Tm (S-34 )Tj ET 0.5 0.5 0.5 rg 10 773 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(62 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 713 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 749.6628 Tm (expenses as well as any applicable stamp duty, tax or other governmental\ or insurance charges. The trustee may )Tj 0 -1.2 TD (reject any request for an exchange or registration of transfer of any se\ curity made within 15 days of the date for )Tj T* (any payment of principal of or interest on the securities. )Tj 22.055 -2.72 Td (S-35 )Tj ET 0.5 0.5 0.5 rg 10 653.492 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(63 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 714 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 198.1875 746.1212 Tm (CLEARANCE AND SETTLEMENT)Tj /TT1 1 Tf ( )Tj -15.055 -1.803 Td ( )Tj /TT2 1 Tf (The information in this section concerning DTC, Euroclear and Clearstrea\ m and their book-entry systems has )Tj 0 -1.203 TD (been obtained from sources Uruguay believes to be reliable, but Uruguay \ makes no representation or warranty )Tj 0 -1.2 TD (with respect to this information. DTC, Euroclear and Clearstream are und\ er no obligation to perform or continue )Tj 0 -1.2 TD (to perform the procedures described below, and they may modify or discon\ tinue them at any time. Neither )Tj T* (Uruguay nor the trustee will be responsible for DTC\222s, Euroclear\222s\ or Clearstream\222s performance of its )Tj T* (obligations under its rules and procedures, or for the performance by di\ rect or indirect participants of its )Tj T* (obligations under the rules and procedures of the clearance systems.)Tj /TT1 1 Tf ( )Tj 0 -1.8 TD ( Arrangements have been made with each of DTC, Euroclear and Clearst\ ream to facilitate initial issuance of )Tj 0 -1.2 TD (the Bonds. Transfers within DTC, Euroclear and Clearstream will be in ac\ cordance with the usual rules and )Tj T* (operating procedures of the relevant system. Cross-market transfers betw\ een investors who hold or who will hold )Tj T* (any series of Bonds through DTC and investors who hold or will hold any \ series of Bonds through Euroclear or )Tj T* (Clearstream will be effected in DTC through the respective depositaries \ of Euroclear and Clearstream. )Tj /TT0 1 Tf 0 -2.403 TD (The Clearing Systems)Tj /TT1 1 Tf ( )Tj 0 -1.804 TD ( )Tj /TT3 1 Tf (The Depository Trust Company)Tj /TT1 1 Tf ( )Tj 0 -1.8 TD ( DTC is: )Tj T* ( )Tj /TT0 1 Tf 0.92 -0.003 Td (\225)Tj /TT1 1 Tf 0.92 0.003 Td ( )Tj 0.46 0 Td (a limited-purpose trust company organized under the New York Banking Law\ ;)Tj 7.5 0 0 7.5 10 442.7865 Tm ( )Tj 12.5 0 0 12.5 10 429.4547 Tm ( )Tj /TT0 1 Tf 0.92 -0.003 Td (\225)Tj /TT1 1 Tf 0.92 0.003 Td ( )Tj 0.46 0 Td (a \223banking organization\224 under the New York Banking Law;)Tj 7.5 0 0 7.5 10 418.7865 Tm ( )Tj 12.5 0 0 12.5 10 405.4547 Tm ( )Tj /TT0 1 Tf 0.92 -0.003 Td (\225)Tj /TT1 1 Tf 0.92 0.003 Td ( )Tj 0.46 0 Td (a member of the Federal Reserve System;)Tj 7.5 0 0 7.5 10 394.7865 Tm ( )Tj 12.5 0 0 12.5 10 381.4547 Tm ( )Tj /TT0 1 Tf 0.92 -0.003 Td (\225)Tj /TT1 1 Tf 0.92 0.003 Td ( )Tj 0.46 0 Td (a \223clearing corporation\224 under the New York Uniform Commercial Cod\ e; and)Tj 7.5 0 0 7.5 10 370.7865 Tm ( )Tj 12.5 0 0 12.5 10 357.4547 Tm ( )Tj /TT0 1 Tf 0.92 -0.003 Td (\225)Tj /TT1 1 Tf 0.92 0.003 Td ( )Tj 0.46 0 Td (a \223clearing agency\224 registered under Section 17A of the Securities\ Exchange Act of 1934.)Tj -2.3 -1.8 Td ( DTC was created to hold securities for its participants and facilit\ ate the clearance and settlement of securities )Tj 0 -1.2 TD (transactions between its participants. It does this through electronic b\ ook-entry changes in the accounts of its )Tj 0 -1.2 TD (direct participants \(banks and financial institutions that have account\ s with DTC\), eliminating the need for )Tj T* (physical movement of securities certificates. DTC is owned by a number o\ f its direct participants and by the New )Tj T* (York Stock Exchange, Inc., the American Stock Exchange, Inc. and the Nat\ ional Association of Securities )Tj T* (Dealers, Inc. DTC can only act on behalf of its direct participants, whi\ ch in turn act on behalf of indirect )Tj 0 -1.2 TD (participants and certain banks. In addition, unless a global security is\ exchanged in whole or in part for a )Tj T* (definitive security, it may not be physically transferred, except as a w\ hole among DTC, its nominees and their )Tj T* (successors. Therefore, a holder\222s ability to pledge a beneficial inte\ rest in the global security to persons that do not )Tj T* (participate in the DTC system and to take other actions may be limited b\ ecause the holder will not possess a )Tj T* (physical certificate that represents the holder\222s interest. )Tj 0 -1.804 TD ( )Tj /TT3 1 Tf (Euroclear)Tj /TT1 1 Tf ( )Tj 0 -1.8 TD ( Euroclear was created in 1968 to hold securities for its participan\ ts and to clear and settle transactions between )Tj 0 -1.2 TD (its participants through simultaneous electronic book-entry delivery aga\ inst payment, thereby eliminating the )Tj T* (need for physical movement of certificates and any risk from lack of sim\ ultaneous transfers of securities and cash. )Tj T* (Euroclear participants include banks \(including central banks\), the de\ aler manager, other securities brokers and )Tj T* (dealers and other professional financial intermediaries. Indirect access\ to Euroclear is also available to others that )Tj T* (clear through or maintain a custodial relationship with a Euroclear part\ icipant, either directly or indirectly. )Tj ET EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(64 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 715 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n BT /TT0 1 Tf 12.5 0 0 12.5 285.6938 805.1705 Tm (S-36 )Tj ET 0.5 0.5 0.5 rg 10 773 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(65 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 716 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 749.6628 Tm ( Because the Euroclear Operator is a Belgian banking corporation, Eu\ roclear is regulated and examined by the )Tj 0 -1.2 TD (Belgian Banking Commission. )Tj 0 -1.8 TD ( Distributions with respect to Bonds held beneficially through Euroc\ lear will be credited to the cash accounts of )Tj 0 -1.2 TD (Euroclear participants in accordance with the Terms and Conditions Gover\ ning Use of Euroclear and the related )Tj T* (Operating Procedures of the Euroclear System and applicable Belgian law,\ to the extent received by the )Tj T* (depositary for Euroclear. )Tj 0 -1.804 TD ( )Tj /TT1 1 Tf (Clearstream)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( Clearstream is incorporated under the laws of Luxembourg as a profe\ ssional depositary. )Tj T* ( Clearstream holds securities for its participating organizations an\ d facilitates the clearance and settlement of )Tj 0 -1.2 TD (securities transactions between its participants through electronic book\ -entry changes in accounts of its )Tj T* (participants, thereby eliminating the need for physical movement of cert\ ificates. Clearstream provides to its )Tj T* (participants, among other things, services for safekeeping, administrati\ on, clearance and settlement of )Tj T* (internationally traded securities and securities lending and borrowing. \ )Tj 0 -1.8 TD ( Clearstream interfaces with domestic markets in several countries. \ As a professional depositary, Clearstream is )Tj 0 -1.2 TD (subject to regulation by the Luxembourg Monetary Institute. Clearstream \ participants are financial institutions )Tj T* (from around the world, including the dealer manager, other securities br\ okers and dealers, banks, trust companies )Tj T* (and clearing corporations and certain other organizations. Indirect acce\ ss to Clearstream is also available to others )Tj T* (that clear through or maintain a custodial relationship with a Clearstre\ am participant either directly or indirectly. )Tj 0 -1.8 TD ( Distributions with respect to Bonds held beneficially through Clear\ stream will be credited to cash accounts of )Tj 0 -1.2 TD (Clearstream participants in accordance with its rules and procedures to \ the extent received by the depositary for )Tj T* (Clearstream. )Tj /TT2 1 Tf 0 -2.403 TD (Initial Settlement)Tj /TT0 1 Tf ( )Tj 0 -1.804 TD ( )Tj /TT1 1 Tf (Global Bonds)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( Upon the issuance of the global bonds representing the Bonds, DTC o\ r its custodian will credit on its internal )Tj 0 -1.2 TD (system the respective principal amount of the individual beneficial inte\ rests represented by a book-entry security )Tj T* (to the accounts of persons who have accounts with DTC. Ownership of bene\ ficial interests in those global bonds )Tj T* (will be limited to persons who have accounts with direct account holders\ , including Euroclear or Clearstream, or )Tj T* (indirect account holders. Ownership of beneficial interests in the globa\ l bonds will be shown on, and the transfer )Tj T* (of that ownership will be effected only through, records maintained by D\ TC or its nominee, with respect to )Tj T* (interests of direct account holders, and the records of direct account h\ olders, with respect to interests of indirect )Tj T* (DTC accountholders. )Tj 0 -1.8 TD ( Euroclear and Clearstream will hold omnibus positions on behalf of \ their participants through customers\222 )Tj 0 -1.2 TD (securities accounts for Euroclear and Clearstream on the books of their \ respective depositaries, which in turn will )Tj T* (hold positions in customers\222 securities accounts in the depositaries\222\ names on the books of DTC. )Tj 0 -1.8 TD ( Global bonds that Uruguay will issue pursuant to this offer will be\ credited to the securities custody accounts )Tj 0 -1.2 TD (of persons who hold those global bonds through DTC \(other than through \ accounts at Euroclear and Clearstream\) )Tj T* (on the Closing Date and to persons who hold those global bonds through E\ uroclear or Clearstream on the )Tj T* (business day following the Closing Date. )Tj 22.055 -2.72 Td (S-37 )Tj ET 0.5 0.5 0.5 rg 10 38.342 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(66 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 717 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Artifact <>BDC BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(67 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 718 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 749.6212 Tm (Transfers Within and Between DTC, Euroclear and Clearstream)Tj /TT1 1 Tf ( )Tj 0 -1.804 TD ( )Tj /TT2 1 Tf (Trading Between DTC Purchasers and Sellers)Tj /TT1 1 Tf ( )Tj 0 -1.8 TD ( DTC participants will transfer interests in the securities among th\ emselves in the ordinary way according to )Tj 0 -1.2 TD (DTC rules governing global security issues. The laws of some states requ\ ire certain purchasers of securities to )Tj T* (take physical delivery of the securities in definitive form. These laws \ may impair your ability to transfer )Tj T* (beneficial interests in the global security or securities to such purcha\ sers. DTC can act only on behalf of its direct )Tj 0 -1.2 TD (participants, who in turn act on behalf of indirect participants and cer\ tain banks. Thus, your ability to pledge a )Tj T* (beneficial interest in the global security or securities to persons that\ do not participate in the DTC system, and to )Tj T* (take other actions, may be limited because you will not possess a physic\ al certificate that represents your interest. )Tj 0 -1.804 TD ( )Tj /TT2 1 Tf (Trading Between Euroclear and/or Clearstream Participants)Tj /TT1 1 Tf ( )Tj 0 -1.8 TD ( Participants in Euroclear and Clearstream will transfer interests i\ n the securities among themselves in the )Tj 0 -1.2 TD (ordinary way according to the rules and operating procedures of Euroclea\ r and Clearstream governing )Tj 0 -1.2 TD (conventional Eurobonds. )Tj 0 -1.804 TD ( )Tj /TT2 1 Tf (Trading Between a DTC Seller and a Euroclear or Clearstream Purchaser)Tj /TT1 1 Tf ( )Tj 0 -1.8 TD ( When the securities are to be transferred from the account of a DTC\ participant to the account of a Euroclear )Tj 0 -1.2 TD (or Clearstream participant, the purchaser must first send instructions t\ o Euroclear or Clearstream through a )Tj T* (participant at least one business day prior to the closing date. Eurocle\ ar or Clearstream will then instruct its )Tj T* (depositary to receive the securities and make payment for them. On the c\ losing date, the depositary will make )Tj T* (payment to the DTC participant\222s account and the securities will be c\ redited to the depositary\222s account. After )Tj T* (settlement has been completed, DTC will credit the securities to Eurocle\ ar or Clearstream. Euroclear or )Tj T* (Clearstream will credit the securities, in accordance with its usual pro\ cedures, to the participant\222s account, and the )Tj T* (participant will then credit the purchaser\222s account. These securitie\ s credits will appear the next day \(European )Tj T* (time\) after the closing date. The cash debit from the account of Eurocl\ ear or Clearstream will be back-valued to )Tj T* (the value date \(which will be the preceding day if settlement occurs in\ New York\). If settlement is not completed )Tj T* (on the intended value date \(i.e., the trade fails\), the cash debit wil\ l instead be valued at the actual closing date. )Tj 0 -1.8 TD ( Participants in Euroclear and Clearstream will need to make funds a\ vailable to Euroclear or Clearstream in )Tj 0 -1.2 TD (order to pay for the securities by wire transfer on the value date. The \ most direct way of doing this is to )Tj T* (preposition funds \(i.e., have funds in place at Euroclear or Clearstrea\ m before the value date\), either from cash on )Tj T* (hand or existing lines of credit. Under this approach, however, particip\ ants may take on credit exposure to )Tj T* (Euroclear and Clearstream until the securities are credited to their acc\ ounts one day later. )Tj 0 -1.8 TD ( As an alternative, if Euroclear or Clearstream has extended a line \ of credit to a participant, the participant may )Tj 0 -1.2 TD (decide not to preposition funds, but to allow Euroclear or Clearstream t\ o draw on the line of credit to finance )Tj T* (settlement for the securities. Under this procedure, Euroclear or Clears\ tream would charge the participant )Tj T* (overdraft charges for one day, assuming that the overdraft would be clea\ red when the securities were credited to )Tj T* (the participant\222s account. However, interest on the securities would \ accrue from the value date. Therefore, in )Tj T* (these cases the interest income on securities that the participant earns\ during that one-day period will substantially )Tj T* (reduce or offset the amount of the participant\222s overdraft charges. O\ f course, this result will depend on the cost of )Tj T* (funds to \(i.e., the interest rate that Euroclear or Clearstream charges\ \) each participant. )Tj 0 -1.8 TD ( Since the settlement will occur during New York business hours, a D\ TC participant selling an interest in the )Tj 0 -1.2 TD (security can use its usual procedures for transferring global securities\ to the depositaries of Euroclear or )Tj T* (Clearstream for the benefit of Euroclear or Clearstream participants. Th\ e DTC seller will receive the sale )Tj T* (proceeds on the closing date. Thus, to the DTC seller, a cross-market sa\ le will settle no differently than a trade )Tj T* (between two DTC participants. )Tj ET EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(68 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 719 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n BT /TT0 1 Tf 12.5 0 0 12.5 285.6938 797.9576 Tm (S-38 )Tj ET 0.5 0.5 0.5 rg 10 765.787 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(69 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 720 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 749.6628 Tm ( Finally, day traders that use Euroclear or Clearstream to purchase \ interests in the Bonds from DTC )Tj 0 -1.2 TD (accountholders for delivery to Euroclear or Clearstream participants sho\ uld note that these trades will )Tj T* (automatically fail on the sale side unless affirmative action is taken. \ At least three techniques should be readily )Tj 0 -1.2 TD (available to eliminate this potential problem: )Tj 0 -1.8 TD ( )Tj /TT1 1 Tf 2.3 -0.003 Td (\225)Tj /TT0 1 Tf 0.92 0.003 Td ( )Tj 0.46 0 Td (borrowing through Euroclear or Clearstream for one day, until the purcha\ se side of the day trade is )Tj 0 -1.2 TD (reflected in their Euroclear or Clearstream accounts, in accordance with\ the clearing system\222s customary )Tj T* (procedures,)Tj 7.5 0 0 7.5 10 641.4946 Tm ( )Tj 12.5 0 0 12.5 10 628.1628 Tm ( )Tj /TT1 1 Tf 2.3 -0.003 Td (\225)Tj /TT0 1 Tf 0.92 0.003 Td ( )Tj 0.46 0 Td (borrowing the interests in the United States from a DTC accountholder no\ later than one day prior to )Tj 0 -1.2 TD (settlement, which would give the interests sufficient time to be reflect\ ed in their Euroclear or )Tj T* (Clearstream account in order to settle the sale side of the trade, or)Tj 7.5 0 0 7.5 10 587.4946 Tm ( )Tj 12.5 0 0 12.5 10 574.1628 Tm ( )Tj /TT1 1 Tf 2.3 -0.003 Td (\225)Tj /TT0 1 Tf 0.92 0.003 Td ( )Tj 0.46 0 Td (staggering the value date for the buy and sell sides of the trade so tha\ t the value date for the purchase )Tj T* (from the DTC accountholder is at least one day prior to the value date f\ or the sale to the Euroclear or )Tj T* (Clearstream participant.)Tj -3.68 -1.804 Td ( )Tj /TT2 1 Tf (Trading Between a Euroclear or Clearstream Seller and DTC Purchaser)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( Due to time zone differences in their favor, Euroclear and Clearstr\ eam participants can use their usual )Tj 0 -1.2 TD (procedures to transfer securities through their depositaries to a DTC pa\ rticipant. The seller must first send )Tj T* (instructions to Euroclear or Clearstream through a participant at least \ one business day prior to the closing date. )Tj 0 -1.2 TD (Euroclear or Clearstream will then instruct its depositary to credit the\ securities to the DTC participant\222s account )Tj T* (and receive payment. The payment will be credited in the account of the \ Euroclear or Clearstream participant on )Tj T* (the following day, but the receipt of the cash proceeds will be back-val\ ued to the value date \(which will be the )Tj T* (preceding day if settlement occurs in New York\). If settlement is not c\ ompleted on the intended value date \(i.e., )Tj T* (the trade fails\), the receipt of the cash proceeds will instead be valu\ ed at the actual closing date. )Tj 0 -1.8 TD ( If the Euroclear or Clearstream participant selling the securities \ has a line of credit with Euroclear or )Tj 0 -1.2 TD (Clearstream and elects to be in debit for the securities until it receiv\ es the sale proceeds in its account, then the )Tj T* (back-valuation may substantially reduce or offset any overdraft charges \ that the participant incurs over that one-)Tj T* (day period. )Tj 22.055 -2.72 Td (S-39 )Tj ET 0.5 0.5 0.5 rg 10 260.438 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(70 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 721 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /WebCaptureBG BMC /WebCaptureFN <>BDC q 0 18 595 806 re W* n /Artifact <>BDC Q 0.8 0.933 1 rg 10 530.451 442.6 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 452.6 530.451 29.118 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 481.718 530.451 22.51 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 504.228 530.451 63.301 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 567.529 530.451 17.471 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 500.451 442.6 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 452.6 500.451 29.118 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 481.718 500.451 22.51 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 504.228 500.451 63.301 15 re f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 567.529 500.451 17.471 15 re f EMC EMC EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 222.4937 746.1212 Tm (PLAN OF DISTRIBUTION)Tj /TT1 1 Tf ( )Tj -17 -1.8 Td ( Subject to the terms and conditions stated in the underwriting agre\ ement dated October 19, 2006, Citigroup )Tj 0 -1.2 TD (Global Markets Inc. and Morgan Stanley & Co. Incorporated and UBS Securi\ ties LLC have agreed to purchase, )Tj 0 -1.2 TD (and Uruguay has agreed to sell to the underwriters US$500,000,000 aggreg\ ate principal amount of the Bonds. )Tj 0 -1.8 TD ( The underwriters have advised Uruguay that they propose initially t\ o offer the Bonds to the public at the )Tj 0 -1.2 TD (respective public offering price set forth on the cover page of this pro\ spectus supplement. After the initial public )Tj T* (offering, the public offering price for each of the Bonds may be changed\ . )Tj 0 -1.8 TD ( Subject to the terms and conditions stated in the underwriting agre\ ement, each underwriter named below has )Tj 0 -1.2 TD (agreed to purchase, and Uruguay has agreed to sell to that underwriter, \ the principal amount of Bonds set forth )Tj T* (opposite the underwriter\222s name. )Tj T* ( )Tj 35.408 0 Td ( )Tj 2.329 0 Td ( )Tj 1.801 0 Td ( )Tj 5.064 0 Td ( )Tj 10 0 0 10 10 560.7871 Tm ( )Tj 44.26 0 Td ( )Tj /TT0 1 Tf 7.951 -0.003 Td ( )Tj -52.211 -1.2 Td (Underwriters)Tj /TT1 1 Tf 44.26 0.003 Td ( )Tj /TT0 1 Tf 4.228 -0.003 Td (Principal Amount)Tj /TT1 1 Tf 12.5 0 0 12.5 25 534.6212 Tm (Citigroup Global Markets Inc.)Tj 34.208 0 Td ( )Tj 2.352 0 Td (US$)Tj 1.842 0 Td (166,666,000 )Tj -38.402 -1.2 Td (Morgan Stanley & Co. Incorporated)Tj 34.208 0 Td ( )Tj 2.329 0 Td ( )Tj 1.865 0 Td (166,666,000 )Tj -38.402 -1.2 Td (UBS Securities LLC)Tj 34.208 0 Td ( )Tj 2.329 0 Td ( )Tj 1.865 0 Td (166,668,000 )Tj -37.202 -1.2 Td (Total)Tj 33.008 0 Td ( )Tj 2.352 0 Td (US$)Tj 1.842 0 Td (500,000,000 )Tj -39.602 -1.8 Td ( The underwriting agreement provides that the obligations of the und\ erwriters to purchase the Bonds included )Tj 0 -1.2 TD (in this offering are subject to approval of legal matters by counsel and\ to other conditions. The underwriters are )Tj T* (obligated to purchase all the Bonds if they purchase any Bonds. )Tj 0 -1.8 TD ( Uruguay will pay to the underwriters underwriting discounts and com\ missions totaling 0.2% of the aggregate )Tj 0 -1.2 TD (principal amount of the Bonds in connection with this offering. )Tj 0 -1.8 TD ( In connection with the issue of the Bonds, Morgan Stanley & Co. Inc\ orporated may over-allot Bonds )Tj 0 -1.2 TD (\(provided that the aggregate principal amount of the Bonds allotted doe\ s not exceed 105% of the aggregate )Tj T* (principal amount of the Bonds\) or effect transactions with a view to su\ pporting the market price of the Bonds at a )Tj 0 -1.2 TD (level higher than that which might otherwise prevail. However, there is \ no assurance that Morgan Stanley & Co. )Tj 0 -1.2 TD (Incorporated will undertake stabilization action. Any stabilization acti\ on may begin on or after the date on which )Tj T* (adequate public disclosure of the final terms of the offer of the Bonds \ is made and, if begun, may be ended at any )Tj T* (time, but it must end no later than the earlier of 30 days after the iss\ ue date of the Bonds and 60 days after the )Tj T* (date of the allotment of the Bonds. )Tj 0 -1.8 TD ( Neither Uruguay nor the underwriters make any representation or pre\ diction as to the direction or magnitude )Tj 0 -1.2 TD (of any effect that the transactions described above may have on the pric\ e of the Bonds. In addition, neither )Tj T* (Uruguay nor the underwriters make any representation that the underwrite\ rs will engage in these transactions or )Tj T* (that these transactions, once commenced, will not be discontinued withou\ t notice. )Tj 0 -1.8 TD ( The underwriters are relying on an exemption obtained from the SEC \ from Rule 101 of Regulation M under )Tj 0 -1.2 TD (the U.S. Securities Exchange Act of 1934, as amended, with respect to tr\ ading activities of the underwriters and )Tj T* (certain of their affiliates in connection with the offering. )Tj 0 -1.8 TD ( Uruguay estimates that its total expenses for this offering will be\ approximately US$80,000. )Tj 22.055 -2.72 Td (S-40 )Tj ET 0.5 0.5 0.5 rg 10 63.451 575 2 re f EMC /Artifact <>BDC Q 0 0 0 rg BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(71 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 722 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 749.6628 Tm ( The underwriters have performed investment banking and advisory ser\ vices for Uruguay from time to time, for )Tj 0 -1.2 TD (which they have received customary fees and expenses. The underwriters m\ ay engage in transactions with and )Tj T* (perform services for Uruguay in the ordinary course of their business. )Tj 0 -1.8 TD ( In compliance with NASD guidelines, the maximum compensation to the\ underwriters or agents in connection )Tj 0 -1.2 TD (with the sale of the Bonds pursuant to this prospectus supplement and th\ e accompanying prospectus will not )Tj T* (exceed 8% of the aggregate total offering price to the public of the Bon\ ds as set forth on the cover page of this )Tj T* (prospectus supplement. )Tj 0 -1.8 TD ( Uruguay has agreed to indemnify the underwriters against certain li\ abilities, including liabilities under the )Tj 0 -1.2 TD (United States Securities Act of 1933, or to contribute to payments the u\ nderwriters may be required to make )Tj T* (because of any of those liabilities. )Tj /TT1 1 Tf 0 -2.403 TD (European Economic Area)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( In relation to each Member State of the European Economic Area whic\ h has implemented the Prospectus )Tj 0 -1.2 TD (Directive \(each, a \223Relevant Member State\224\), an offer to the pub\ lic of any Bonds may not be made in that )Tj T* (Relevant Member State unless and until a prospectus within the meaning o\ f the Prospectus Directive has been )Tj T* (approved by the competent authority in the United Kingdom and published \ and \223passported\224 into that Relevant )Tj T* (Member State in accordance with the Prospectus Directive, except that an\ offer to the public in that Relevant )Tj T* (Member State of any Bonds may be made at any time under the following ex\ emptions under the Prospectus )Tj T* (Directive: )Tj 0 -1.8 TD (\(a\))Tj 1.166 0 Td ( )Tj 0.46 0 Td (an offer addressed solely to \223qualified investors\224 within the mean\ ing of the Prospectus Directive as )Tj 0 -1.2 TD (implemented in that Member State \(\223Qualified Investors\224\);)Tj 7.5 0 0 7.5 10 408.953 Tm ( )Tj 12.5 0 0 12.5 10 395.6212 Tm (\(b\) )Tj 1.626 0 Td (an offer addressed to fewer than 100 natural or legal persons in that Re\ levant Member State \(other than )Tj 0 -1.2 TD (Qualified Investors\); or)Tj 7.5 0 0 7.5 10 369.953 Tm ( )Tj 12.5 0 0 12.5 10 356.6212 Tm (\(c\))Tj 1.166 0 Td ( )Tj 0.46 0 Td (in any other circumstances falling within Article 3\(2\) of the Prospect\ us Directive.)Tj -1.626 -1.8 Td ( For the purposes of this provision, the expression an \223offer to \ the public\224 in relation to any Bonds in any )Tj T* (Relevant Member State means the communication in any form and by any mea\ ns of sufficient information on the )Tj 0 -1.2 TD (terms of the offer and any of the Bonds to be offered so as to enable an\ investor to decide to purchase the Bonds, )Tj T* (as the same may be further defined in that Member State by any measure i\ mplementing the Prospectus Directive )Tj T* (in that Member State and the expression \223Prospectus Directive\224 inc\ ludes any relevant implementing measure in )Tj T* (each Relevant Member State. )Tj /TT1 1 Tf 0 -2.403 TD (United Kingdom)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( The underwriters have represented and agreed that: \(i\) they have \ only communicated or caused to be )Tj 0 -1.2 TD (communicated and will only communicate or cause to be communicated an in\ vitation or inducement to engage in )Tj T* (investment activity \(within the meaning of Section 21 of the UK Financi\ al Services and Markets Act 2000 \(the )Tj T* (\223FSMA\224\) received by them in connection with the issue or sale of \ any Bonds in circumstances in which )Tj 0 -1.2 TD (Section 21\(1\) of the FSMA does not apply to Uruguay and \(ii\) they ha\ ve complied and will comply with all )Tj 0 -1.2 TD (applicable provisions of the FSMA with respect to anything done by them \ in relation to the Bonds in, from or )Tj T* (otherwise involving the United Kingdom. )Tj 0 -1.8 TD ( The Bonds are offered for sale in the United States and other juris\ dictions where it is legal to make these )Tj 0 -1.2 TD (offers. The distribution of this prospectus supplement and the accompany\ ing prospectus, and the offering of the )Tj T* (Bonds in certain jurisdictions may be restricted by law. Persons into wh\ ose possession this prospectus supplement )Tj T* (and the accompanying prospectus come and investors in the Bonds should i\ nform themselves about and observe )Tj ET EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(72 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 723 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n BT /TT0 1 Tf 12.5 0 0 12.5 10 805.1705 Tm (any of these restrictions. This prospectus supplement and the accompanyi\ ng prospectus do not constitute, and )Tj 0 -1.2 TD (may not be used in connection with, an offer or solicitation by anyone i\ n any jurisdiction in which such offer or )Tj T* (solicitation is not authorized, or in which the person making such offer\ or solicitation is not qualified to do so, or )Tj 0 -1.2 TD (to any person to whom it is unlawful to make such offer or solicitation.\ )Tj 0 -1.8 TD ( The underwriters have agreed that they have not offered, sold or de\ livered, and they will not offer, sell or )Tj 0 -1.2 TD (deliver any of the Bonds, directly or indirectly, or distribute this pro\ spectus supplement, the accompanying )Tj T* (prospectus or any other offering material relating to the Bonds, in or f\ rom any jurisdiction except under )Tj 22.055 -2.72 Td (S-41 )Tj ET 0.5 0.5 0.5 rg 10 641.5 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(73 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 724 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 749.6628 Tm (circumstances that will, to the best knowledge and belief of the underwr\ iters, after reasonable investigation, result )Tj 0 -1.2 TD (in compliance with the applicable laws and regulations of such jurisdict\ ion and which will not impose any )Tj T* (obligations on Uruguay except as set forth in the underwriting agreement\ . )Tj 0 -1.8 TD ( Neither Uruguay nor the underwriters have represented that the Bond\ s may be lawfully sold in compliance )Tj 0 -1.2 TD (with any applicable registration or other requirements in any jurisdicti\ on, or pursuant to an exemption, or assumes )Tj T* (any responsibility for facilitating these sales. )Tj 22.055 -2.72 Td (S-42 )Tj ET 0.5 0.5 0.5 rg 10 600.992 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(74 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 725 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 187.5937 746.1212 Tm (FORWARD-LOOKING STATEMENTS)Tj /TT1 1 Tf ( )Tj -14.208 -1.8 Td ( The following documents relating to Uruguay\222s securities offered\ by this prospectus supplement may contain )Tj 0 -1.2 TD (forward-looking statements: )Tj 0 -1.8 TD ( )Tj /TT0 1 Tf 0.46 -0.003 Td (\225)Tj /TT1 1 Tf 0.46 0.003 Td ( )Tj 0.46 0 Td (the accompanying prospectus;)Tj 7.5 0 0 7.5 10 675.453 Tm ( )Tj 12.5 0 0 12.5 10 662.1212 Tm ( )Tj /TT0 1 Tf 0.46 -0.003 Td (\225)Tj /TT1 1 Tf 0.46 0.003 Td ( )Tj 0.46 0 Td (this prospectus supplement;)Tj 7.5 0 0 7.5 10 651.453 Tm ( )Tj 12.5 0 0 12.5 10 638.1212 Tm ( )Tj /TT0 1 Tf 0.46 -0.003 Td (\225)Tj /TT1 1 Tf 0.46 0.003 Td ( )Tj 0.46 0 Td (any amendment or supplement hereto; and)Tj 7.5 0 0 7.5 10 627.453 Tm ( )Tj 12.5 0 0 12.5 10 614.1212 Tm ( )Tj /TT0 1 Tf 0.46 -0.003 Td (\225)Tj /TT1 1 Tf 0.46 0.003 Td ( )Tj 0.46 0 Td (the documents incorporated by reference into this prospectus supplement \ and the accompanying prospectus.)Tj -1.38 -1.8 Td ( Forward-looking statements are statements that are not historical f\ acts, including statements about Uruguay\222s )Tj 0 -1.2 TD (beliefs and expectations. These statements are based on current plans, e\ stimates and projections, and therefore )Tj 0 -1.2 TD (you should not place undue reliance on them. Forward-looking statements \ speak only as of the date they are )Tj T* (made. Uruguay undertakes no obligation to update any of them in light of\ new information or future events. )Tj 0 -1.8 TD ( Forward-looking statements involve inherent risks and uncertainties\ . Uruguay cautions you that a number of )Tj 0 -1.2 TD (important factors could cause actual results to differ materially from t\ hose contained in any forward-looking )Tj 0 -1.2 TD (statement. The information contained in this prospectus supplement ident\ ifies important factors that could cause )Tj T* (such differences. Such factors include, but are not limited to: )Tj 0 -1.8 TD ( )Tj /TT0 1 Tf 0.46 -0.003 Td (\225)Tj /TT1 1 Tf 0.46 0.003 Td ( )Tj 0.46 0 Td (adverse external factors, such as changes in international prices, high \ international interest rates and recession )Tj 0 -1.2 TD (or low economic growth in Uruguay\222s trading partners. Changes in inte\ rnational prices and high international )Tj T* (interest rates could increase Uruguay\222s current account deficit and b\ udgetary expenditures. Recession or low )Tj 0 -1.2 TD (economic growth in Uruguay\222s trading partners could decrease exports \ \(including manufactured goods\) from )Tj 0 -1.2 TD (Uruguay, reduce tourism to Uruguay, induce a contraction of the Uruguaya\ n economy and, indirectly, reduce )Tj T* (tax revenues and other public sector revenues and adversely affect the c\ ountry\222s fiscal accounts;)Tj 7.5 0 0 7.5 10 370.953 Tm ( )Tj 12.5 0 0 12.5 10 357.6212 Tm ( )Tj /TT0 1 Tf 0.46 -0.003 Td (\225)Tj /TT1 1 Tf 0.46 0.003 Td ( )Tj 0.46 0 Td (adverse domestic factors, such as a decline in foreign direct and portfo\ lio investment, increases in domestic )Tj 0 -1.2 TD (inflation, high domestic interest rates and exchange rate volatility and\ a further deterioration in the health of )Tj T* (the domestic banking system. These factors could lead to lower economic \ growth or a decrease in Uruguay\222s )Tj 0 -1.2 TD (international reserves; and)Tj 7.5 0 0 7.5 10 301.953 Tm ( )Tj 12.5 0 0 12.5 10 288.6212 Tm ( )Tj /TT0 1 Tf 0.46 -0.003 Td (\225)Tj /TT1 1 Tf 0.46 0.003 Td ( )Tj 0.46 0 Td (other adverse factors, such as climatic or political events and internat\ ional hostilities.)Tj 20.675 -2.72 Td (S-43 )Tj ET 0.5 0.5 0.5 rg 10 222.451 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(75 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 726 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 218.5063 746.1212 Tm (GENERAL INFORMATION)Tj /TT1 1 Tf ( )Tj /TT0 1 Tf -16.68 -2.403 Td (Due Authorization)Tj /TT1 1 Tf ( )Tj 0 -1.8 TD ( Uruguay has authorized the creation and issue of the Bonds pursuant\ to Decree No. 383/006, dated October 18, )Tj 0 -1.2 TD (2006 of the Executive Power of the Republic of Uruguay, and resolutions \ of the Ministry of Finance and of )Tj T* (Banco Central. )Tj /TT0 1 Tf 0 -2.403 TD (Litigation)Tj /TT1 1 Tf ( )Tj 0 -1.8 TD ( During the twelve months preceding the date of this prospectus, nei\ ther Uruguay nor any Uruguayan )Tj 0 -1.2 TD (governmental agency is or has been involved in any litigation or arbitra\ tion or administrative proceedings or )Tj T* (governmental proceedings \(including any such proceedings which are pend\ ing or threatened of which the issuer is )Tj T* (aware\) which may have, or have had in the recent past, significant effe\ cts on Uruguay\222s financial position. )Tj /TT0 1 Tf 0 -2.403 TD (Listing)Tj /TT1 1 Tf ( )Tj 0 -1.8 TD ( Application will be made to admit the Bonds to the Official List of\ the UK Listing Authority and to admit the )Tj 0 -1.2 TD (Bonds to trading on the regulated market of the London Stock Exchange. )Tj /TT0 1 Tf 0 -2.403 TD (Validity of the Bonds)Tj /TT1 1 Tf ( )Tj 0 -1.8 TD ( The validity of the Bonds will be passed upon for Uruguay by Counse\ l to the Ministry of Economy and )Tj 0 -1.2 TD (Finance of Uruguay and by Cleary Gottlieb Steen & Hamilton LLP, One Libe\ rty Plaza, New York, New York )Tj T* (10006, special New York counsel to Uruguay. )Tj 0 -1.8 TD ( The validity of the Bonds will be passed upon for the underwriters \ by Shearman & Sterling LLP, 599 )Tj 0 -1.2 TD (Lexington Avenue, New York, New York 10022, United States counsel to the\ underwriters, and by Guyer & )Tj T* (Regules, Plaza Independencia 811, 11100 Montevideo, Uruguayan counsel to\ the underwriters. )Tj 0 -1.8 TD ( As to all matters of Uruguayan law, Cleary Gottlieb Steen & Hamilto\ n LLP may rely on the opinion of )Tj 0 -1.2 TD (Counsel to the Ministry of Economy and Finance of Uruguay, and Shearman \ & Sterling LLP may rely on the )Tj T* (opinion of Guyer & Regules. )Tj 0 -1.8 TD ( As to all matters of United States law, Counsel to the Ministry of \ Economy and Finance of Uruguay may rely )Tj 0 -1.2 TD (on the opinion of Cleary Gottlieb Steen & Hamilton LLP, and Guyer & Regu\ les may rely on the opinion of )Tj T* (Shearman & Sterling LLP. All statements with respect to matters of Urugu\ ayan law in this prospectus supplement )Tj T* (and the accompanying prospectus have been passed upon by Counsel to the \ Ministry of Economy and Finance of )Tj T* (Uruguay and Guyer & Regules and are made upon their authority. )Tj /TT0 1 Tf 0 -2.403 TD (Significant Changes to Public Finance and Trading Position)Tj /TT1 1 Tf ( )Tj 0 -1.8 TD ( Since December 31, 2005 there have been no significant changes to t\ he public finance and trade data of the )Tj 0 -1.2 TD (Republic of Uruguay. )Tj /TT0 1 Tf 0 -2.403 TD (Where You Can Find More Information)Tj /TT1 1 Tf ( )Tj 0 -1.8 TD ( Uruguay has filed a registration statement with the SEC. You may re\ quest copies of this document, including )Tj 0 -1.2 TD (all amendments thereto, the accompanying prospectus, any documents incor\ porated by reference into the )Tj T* (registration statement and the various exhibits to these documents, free\ of charge, by contacting the Office of the )Tj T* (Representative of the Ministry of Economy and Finance of the Republic of\ Uruguay, 1025 Connecticut Ave, N.)Tj T* (W. Suite 902, Washington, D.C. 20036, United States. )Tj ET EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(76 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 727 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n BT /TT0 1 Tf 12.5 0 0 12.5 285.6938 794.3714 Tm (S-44 )Tj ET 0.5 0.5 0.5 rg 10 762.201 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(77 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 728 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 749.6628 Tm ( Uruguay is not subject to the informational requirements of the U.S\ . Securities Exchange Act of 1934. )Tj 0 -1.2 TD (Uruguay commenced filing annual reports on Form 18-K with the SEC on a v\ oluntary basis beginning with its )Tj T* (fiscal year ended December 31, 2004. These reports include certain finan\ cial, statistical and other information )Tj 0 -1.2 TD (concerning Uruguay. Uruguay may also file amendments on Form 18-K/A to i\ ts annual reports for the purpose of )Tj 0 -1.2 TD (filing with the SEC exhibits which have not been included in the registr\ ation statement to which this prospectus )Tj T* (supplement and the accompanying prospectus relate. When filed, these exh\ ibits will be incorporated by reference )Tj T* (into the registration statement. See \223Incorporation by Reference\224 \ on page S-1 of this prospectus supplement. You )Tj T* (can request copies of these documents, upon payment of a duplicating fee\ , by writing to the SEC. Uruguay\222s SEC )Tj 0 -1.2 TD (filings are available to the public from the SEC\222s website at http://\ www.sec.gov and you may also read and copy )Tj T* (these documents at the SEC\222s public reference room in Washington, D.C\ . at Room 1580, 100 F Street, N.E., )Tj T* (Washington, D.C. 20549. You may call the SEC at 1-800-SEC-0330 for furth\ er information. )Tj 0 -1.8 TD ( You may inspect copies of the indenture and the form of the Bonds d\ uring normal business hours on any )Tj 0 -1.2 TD (weekday \(except public holidays\) at the offices of the trustee. )Tj 22.055 -2.72 Td (S-45 )Tj ET 0.5 0.5 0.5 rg 10 495.992 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(78 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 729 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /WebCaptureBG BMC /WebCaptureFN <>BDC q 0 18 595 806 re W* n /Artifact <>BDC Q 161.01 694.951 m 282.98 694.951 l 282.98 695.951 l 161.01 695.951 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 312.02 694.951 m 433.99 694.951 l 433.99 695.951 l 312.02 695.951 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 463.03 694.951 m 585 694.951 l 585 695.951 l 463.03 695.951 l h f EMC EMC EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 749.6212 Tm (Clearing)Tj /TT1 1 Tf ( )Tj 0 -1.8 TD ( The Bonds have been accepted for clearance through DTC, Euroclear a\ nd Clearstream. The codes are: )Tj 0 -1.2 TD ( )Tj 9.758 0 Td ( )Tj 2.323 0 Td ( )Tj 9.758 0 Td ( )Tj 2.323 0 Td ( )Tj 9.758 0 Td ( )Tj 2.323 0 Td ( )Tj 10 0 0 10 10 698.2871 Tm ( )Tj 12.197 0 Td ( )Tj /TT0 1 Tf 7.975 0.097 Td (ISIN)Tj /TT1 1 Tf 7.126 -0.097 Td ( )Tj /TT0 1 Tf 7.503 0.097 Td (CUSIP)Tj /TT1 1 Tf 7.598 -0.097 Td ( )Tj /TT0 1 Tf 5.795 0.097 Td (Common Code)Tj /TT1 1 Tf 12.5 0 0 12.5 69.4223 684.1212 Tm ( )Tj 5.004 0 Td ( )Tj 3.924 0 Td (US760942AS16 )Tj 8.157 0 Td ( )Tj 4.563 0 Td (760942 AS 1 )Tj 7.518 0 Td ( )Tj 4.952 0 Td (024873811)Tj -16.816 -2.72 Td (S-46 )Tj ET 0.5 0.5 0.5 rg 10 617.951 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(79 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 730 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /WebCaptureBG BMC /WebCaptureFN <>BDC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 293.905 m 113.5 293.905 l 113.5 292.905 l 10 292.905 l h f EMC q 0 18 595 806 re W* n /Artifact <>BDC Q 10 145.405 m 113.5 145.405 l 113.5 144.405 l 10 144.405 l h f EMC EMC EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 749.6212 Tm (PROSPECTUS)Tj /TT1 1 Tf ( )Tj ET q 134 0 0 151 230.5 571.9506836 cm /Im0 Do Q BT /TT1 1 Tf 12.5 0 0 12.5 364.5 571.9507 Tm ( )Tj /TT0 1 Tf 22.5 0 0 22.5 142.8013 541.9621 Tm (Rep\372blica Oriental del Uruguay)Tj /TT1 1 Tf ( )Tj 12.5 0 0 12.5 135.1938 523.6257 Tm (acting through Banco Central del Uruguay as its Financial Agent)Tj /TT0 1 Tf 15 0 0 15 248.9675 498.9099 Tm (Debt Securities )Tj 1.818 -1.2 Td (and/or )Tj -6.665 -1.2 Td (Warrants to Purchase Debt Securities)Tj /TT1 1 Tf ( )Tj 11.25 0 0 11.25 10 440.6588 Tm ( Uruguay may from time to time offer and sell its securities in amou\ nts, at prices and on terms to be determined at the time)Tj ( )Tj 0 -1.2 TD (of sale and provided in supplements to this prospectus. Uruguay may offe\ r debt securities in exchange for other debt securities )Tj T* (or that are convertible into new debt securities. Uruguay may offer secu\ rities having an aggregate principal amount of up to )Tj 0 -1.2 TD ($2,800,000,000 \(or the equivalent in other currencies\) in the United S\ tates. The securities will be direct, general and )Tj 0 -1.2 TD (unconditional public foreign debt of Uruguay and will rank equal in righ\ t of payment among themselves and with all other )Tj T* (unsecured and unsubordinated foreign debt of Uruguay. )Tj 0 -1.867 TD ( Uruguay may sell the securities directly, through agents designated\ from time to time or through underwriters. The names )Tj 0 -1.2 TD (of any agents or underwriters will be provided in the applicable prospec\ tus supplement. )Tj 0 -1.867 TD ( )Tj 3.75 0 0 3.75 61.2813 289.6565 Tm ( )Tj 11.25 0 0 11.25 10 271.1588 Tm ( The trust indenture described in this prospectus contains collectiv\ e action clauses with provisions regarding future )Tj 0 -1.2 TD (modifications to the terms of debt securities issued thereunder that are\ described herein beginning on page 8. Under these )Tj T* (provisions, modifications affecting the reserve matters listed in the in\ denture, including modifications to payment and other )Tj 0 -1.2 TD (important terms, may be made to a single series of debt securities issue\ d under the indenture with the consent of the holders of)Tj ( )Tj 0 -1.2 TD (75% of the aggregate principal amount outstanding of that series, and to\ multiple series of debt securities issued under the )Tj T* (indenture with the consent of the holders of 85% of the aggregate princi\ pal amount outstanding of all affected series and 66-)Tj 9.5625 0 0 9.5625 10 190.1588 Tm (2)Tj 11.25 0 0 11.25 14.7812 190.1588 Tm (/)Tj 9.5625 0 0 9.5625 17.9088 190.1588 Tm (3)Tj 11.25 0 0 11.25 22.69 190.1588 Tm (% in aggregate principal amount outstanding of each affected series. )Tj -1.128 -1.867 Td ( )Tj 3.75 0 0 3.75 61.2813 141.1565 Tm ( )Tj 11.25 0 0 11.25 10 122.6588 Tm ( This prospectus may not be used to make offers or sales of securiti\ es unless accompanied by a supplement. You should )Tj 0 -1.2 TD (read this prospectus and the supplements carefully. You should not assum\ e that the information in this prospectus, any )Tj T* (prospectus supplement or any document incorporated by reference is accur\ ate as of any date other than the date on the front of )Tj 0 -1.2 TD (those documents. )Tj 0 -1.87 TD ( )Tj /TT0 1 Tf (Neither the Securities and Exchange Commission nor any other regulatory \ body has approved or disapproved of )Tj 0 -1.203 TD (these securities or determined if this prospectus is truthful or complet\ e. Any representation to the contrary is a )Tj ET EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(80 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 731 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n BT /TT0 1 Tf 11.25 0 0 11.25 10 806.216 Tm (criminal offense.)Tj /TT1 1 Tf ( )Tj 12.5 0 0 12.5 189.525 784.133 Tm (The date of this prospectus is June 5, 2006. )Tj 8.513 -2.72 Td ( )Tj ET 0.5 0.5 0.5 rg 10 717.963 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(81 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 732 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /WebCaptureBG BMC /WebCaptureFN <>BDC q 0 18 595 806 re W* n /Artifact <>BDC Q 544.75 715.951 m 579.25 715.951 l 579.25 716.951 l 544.75 716.951 l h f EMC EMC EMC /Article <>BDC q 0 18 595 806 re W* n BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm ( )Tj /TT0 1 Tf 12.5 0 0 12.5 230.125 748.1212 Tm (TABLE OF CONTENTS)Tj /TT1 1 Tf ( )Tj -17.61 -1.2 Td ( )Tj 40.48 0 Td ( )Tj 2.3 0 Td ( )Tj 0.46 0 Td ( )Tj 2.3 0 Td ( )Tj 10 0 0 10 10 719.2871 Tm ( )Tj 50.6 0 Td ( )Tj 3.628 0.1 Td (Page)Tj 2.697 -0.1 Td ( )Tj ET 0 0 1 RG 0.6 w 10 M 0 j 0 J []0 d 25 703.321 m 179.875 703.321 l S 0 0 1 rg BT /TT1 1 Tf 12.5 0 0 12.5 25 705.1212 Tm (ABOUT THIS PROSPECTUS)Tj 0 0 0 rg 39.28 -0.16 Td ( )Tj 2.3 0 Td ( )Tj 2.26 0 Td (1 )Tj ET 25 686.321 m 232.962 686.321 l S 0 0 1 rg BT /TT1 1 Tf 12.5 0 0 12.5 25 688.1212 Tm (FORWARD-LOOKING STATEMENTS)Tj 0 0 0 rg 39.28 -0.16 Td ( )Tj 2.3 0 Td ( )Tj 2.26 0 Td (1 )Tj ET 25 669.321 m 160.738 669.321 l S 0 0 1 rg BT /TT1 1 Tf 12.5 0 0 12.5 25 671.1212 Tm (DATA DISSEMINATION)Tj 0 0 0 rg 39.28 -0.16 Td ( )Tj 2.3 0 Td ( )Tj 2.26 0 Td (2 )Tj ET 25 652.321 m 134.738 652.321 l S 0 0 1 rg BT /TT1 1 Tf 12.5 0 0 12.5 25 654.1212 Tm (USE OF PROCEEDS)Tj 0 0 0 rg 39.28 -0.16 Td ( )Tj 2.3 0 Td ( )Tj 2.26 0 Td (2 )Tj ET 25 635.321 m 226.738 635.321 l S 0 0 1 rg BT /TT1 1 Tf 12.5 0 0 12.5 25 637.1212 Tm (DESCRIPTION OF THE SECURITIES)Tj 0 0 0 rg 39.28 -0.16 Td ( )Tj 2.3 0 Td ( )Tj 2.26 0 Td (3 )Tj ET 25 618.321 m 89.563 618.321 l S 0 0 1 rg BT /TT1 1 Tf 12.5 0 0 12.5 25 620.1212 Tm (TAXATION)Tj 0 0 0 rg 39.28 -0.16 Td ( )Tj 2.3 0 Td ( )Tj 1.76 0 Td (18 )Tj ET 25 601.321 m 167.35 601.321 l S 0 0 1 rg BT /TT1 1 Tf 12.5 0 0 12.5 25 603.1212 Tm (PLAN OF DISTRIBUTION)Tj 0 0 0 rg 39.28 -0.16 Td ( )Tj 2.3 0 Td ( )Tj 1.76 0 Td (19 )Tj ET 25 584.321 m 165.625 584.321 l S 0 0 1 rg BT /TT1 1 Tf 12.5 0 0 12.5 25 586.1212 Tm (OFFICIAL STATEMENTS)Tj 0 0 0 rg 39.28 -0.16 Td ( )Tj 2.3 0 Td ( )Tj 1.76 0 Td (21 )Tj ET 25 567.321 m 205.188 567.321 l S 0 0 1 rg BT /TT1 1 Tf 12.5 0 0 12.5 25 569.1212 Tm (VALIDITY OF THE SECURITIES)Tj 0 0 0 rg 39.28 -0.16 Td ( )Tj 2.3 0 Td ( )Tj 1.76 0 Td (21 )Tj ET 25 550.321 m 216.3 550.321 l S 0 0 1 rg BT /TT1 1 Tf 12.5 0 0 12.5 25 552.1212 Tm (AUTHORIZED REPRESENTATIVE)Tj 0 0 0 rg 39.28 -0.16 Td ( )Tj 2.3 0 Td ( )Tj 1.76 0 Td (22 )Tj ET 25 533.321 m 291.288 533.321 l S 0 0 1 rg BT /TT1 1 Tf 12.5 0 0 12.5 25 535.1212 Tm (WHERE YOU CAN FIND MORE INFORMATION)Tj 0 0 0 rg 39.28 -0.16 Td ( )Tj 2.3 0 Td ( )Tj 1.76 0 Td (22 )Tj /TT0 1 Tf -28.069 -3.003 Td (ABOUT THIS PROSPECTUS)Tj /TT1 1 Tf ( )Tj -16.471 -1.8 Td ( This prospectus provides a general description of the securities Ur\ uguay may offer under the \223shelf\224 )Tj 0 -1.2 TD (registration statement it has filed with the Securities and Exchange Com\ mission \(the \223SEC\224\). Each time Uruguay )Tj T* (sells some of these securities, it will provide a prospectus supplement \ that will contain specific information about )Tj T* (the terms of that offering. The prospectus supplement may also add, upda\ te or change information contained in )Tj 0 -1.2 TD (this prospectus. If the information in this prospectus differs from any \ prospectus supplement, you should rely on )Tj T* (the information in the prospectus supplement. You should read both this \ prospectus and the accompanying )Tj T* (prospectus supplement together with additional information described bel\ ow under the heading \223Where You Can )Tj T* (Find More Information.\224 )Tj 0 -1.8 TD ( This prospectus is based on information that is publicly available \ or that Uruguay has supplied, unless )Tj 0 -1.2 TD (otherwise expressly stated. Uruguay confirms that: )Tj 0 -1.8 TD ( )Tj /TT0 1 Tf 0.92 -0.003 Td (\225)Tj /TT1 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (the information contained in this prospectus is true and correct in all \ material respects and is not )Tj 0 -1.2 TD (misleading as of its date;)Tj 7.5 0 0 7.5 10 282.4113 Tm ( )Tj 12.5 0 0 12.5 10 269.0795 Tm ( )Tj /TT0 1 Tf 0.92 -0.003 Td (\225)Tj /TT1 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (it has not omitted facts, the omission of which makes this prospectus as\ a whole misleading; and)Tj 7.5 0 0 7.5 10 258.4113 Tm ( )Tj 12.5 0 0 12.5 10 245.0795 Tm ( )Tj /TT0 1 Tf 0.92 -0.003 Td (\225)Tj /TT1 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (it accepts responsibility for the information it has provided in this pr\ ospectus and will provide in any )Tj 0 -1.2 TD (prospectus supplement.)Tj /TT0 1 Tf 11.448 -3.003 Td (FORWARD-LOOKING STATEMENTS)Tj /TT1 1 Tf ( )Tj -14.208 -1.8 Td ( The following documents relating to Uruguay\222s securities offered\ by this prospectus may contain forward-)Tj 0 -1.2 TD (looking statements: )Tj 0 -1.8 TD ( )Tj /TT0 1 Tf 0.92 -0.003 Td (\225)Tj /TT1 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (this prospectus;)Tj 7.5 0 0 7.5 10 121.8697 Tm ( )Tj 12.5 0 0 12.5 10 108.5379 Tm ( )Tj /TT0 1 Tf 0.92 -0.003 Td (\225)Tj /TT1 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (any prospectus supplement;)Tj 7.5 0 0 7.5 10 97.8697 Tm ( )Tj 12.5 0 0 12.5 10 84.5379 Tm ( )Tj /TT0 1 Tf 0.92 -0.003 Td (\225)Tj /TT1 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (any pricing supplement to a prospectus supplement; and)Tj 7.5 0 0 7.5 10 73.8697 Tm ( )Tj 12.5 0 0 12.5 10 60.5379 Tm ( )Tj /TT0 1 Tf 0.92 -0.003 Td (\225)Tj /TT1 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (the documents incorporated by reference in this prospectus, any prospect\ us supplement or any pricing )Tj 0 -1.2 TD (supplement.)Tj ET EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(82 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 733 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n BT /TT0 1 Tf 12.5 0 0 12.5 294.375 791.5379 Tm (1 )Tj ET 0.5 0.5 0.5 rg 10 759.367 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(83 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 734 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 742.1628 Tm ( Forward-looking statements are statements that are not historical f\ acts, including statements about Uruguay\222s )Tj 0 -1.2 TD (beliefs and expectations. These statements are based on current plans, e\ stimates and projections, and therefore )Tj T* (you should not place undue reliance on them. Forward-looking statements \ speak only as of the date they are )Tj 0 -1.2 TD (made. Uruguay undertakes no obligation to update any of them in light of\ new information or future events. )Tj 0 -1.8 TD ( Forward-looking statements involve inherent risks and uncertainties\ . Uruguay cautions you that a number of )Tj 0 -1.2 TD (important factors could cause actual results to differ materially from t\ hose contained in any forward-looking )Tj T* (statement. Such factors include, but are not limited to: )Tj 0 -1.8 TD ( )Tj /TT1 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (adverse external factors, such as changes in international prices, high \ international interest rates and )Tj 0 -1.2 TD (recession or low economic growth in Uruguay\222s trading partners. Chang\ es in international prices and high )Tj T* (international interest rates could increase Uruguay\222s current account\ deficit and budgetary expenditures. )Tj T* (Recession or low economic growth in Uruguay\222s trading partners could \ decrease exports \(including )Tj T* (manufactured goods\) from Uruguay, reduce tourism to Uruguay, induce a c\ ontraction of the Uruguayan )Tj T* (economy and, indirectly, reduce tax revenues and other public sector rev\ enues and adversely affect the )Tj 0 -1.2 TD (country\222s fiscal accounts;)Tj 7.5 0 0 7.5 10 521.4946 Tm ( )Tj 12.5 0 0 12.5 10 508.1628 Tm ( )Tj /TT1 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (adverse domestic factors, such as a decline in foreign direct and portfo\ lio investment, increases in domestic )Tj 0 -1.2 TD (inflation, high domestic interest rates and exchange rate volatility and\ a further deterioration in the health )Tj T* (of the domestic banking system. These factors could lead to lower econom\ ic growth or a decrease in )Tj 0 -1.2 TD (Uruguay\222s international reserves; and)Tj 7.5 0 0 7.5 10 452.4946 Tm ( )Tj 12.5 0 0 12.5 10 439.1628 Tm ( )Tj /TT1 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (other adverse factors, such as climatic or political events and internat\ ional hostilities.)Tj /TT1 1 Tf 14.587 -3.003 Td (DATA DISSEMINATION)Tj /TT0 1 Tf ( )Tj -17.347 -1.8 Td ( On February 18, 2004, Uruguay became the 56)Tj 10.625 0 0 10.625 261.3375 379.1212 Tm (th)Tj 12.5 0 0 12.5 269.6037 379.1212 Tm ( subscriber to the IMF\222s Special Data Dissemination Standard )Tj -20.768 -1.2 Td (or SDDS, which is designed to improve the timeliness and quality of info\ rmation of subscribing member )Tj 0 -1.2 TD (countries. The SDDS requires subscribing member countries to provide sch\ edules indicating, in advance, the date )Tj 0 -1.2 TD (on which data will be released or the so-called \223Advance Release Cale\ ndar.\224 For Uruguay, precise dates or \223no-)Tj 0 -1.2 TD (later-than-dates\224 for the release of data under the SDDS are dissemin\ ated in advance through the Advance )Tj T* (Release Calendar, which is published on the Internet under the Internati\ onal Monetary Fund\222s Dissemination )Tj T* (Standards Bulletin Board. Summary methodologies of all metadata to enhan\ ce transparency of statistical )Tj T* (compilation are also provided on the Internet under the International Mo\ netary Fund\222s Dissemination Standards )Tj 0 -1.2 TD (Bulletin Board. The Internet website is located at http://dsbb.imf.org. \ Neither the government nor any dealers, )Tj T* (agents or underwriters acting on behalf of Uruguay in connection with th\ e offer and sale of securities as )Tj T* (contemplated in this prospectus accept any responsibility for informatio\ n included on that website, and its )Tj T* (contents are not intended to be incorporated by reference into this pros\ pectus. )Tj /TT1 1 Tf 18.36 -3.003 Td (USE OF PROCEEDS)Tj /TT0 1 Tf ( )Tj -18.36 -1.8 Td ( Unless otherwise specified in a prospectus supplement, Uruguay will\ use the net proceeds from the sale of )Tj T* (securities for the general purposes of the government of Uruguay, includ\ ing but not limited to the refinancing, )Tj T* (repurchase or retirement of domestic and external indebtedness of the go\ vernment. Uruguay may also issue )Tj T* (securities to be offered in exchange for any of its outstanding securiti\ es. )Tj 22.75 -2.72 Td (2 )Tj ET 0.5 0.5 0.5 rg 10 42.909 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(84 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 735 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Artifact <>BDC BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(85 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 736 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 189.6687 746.1212 Tm (DESCRIPTION OF THE SECURITIES)Tj /TT1 1 Tf ( )Tj -14.374 -1.803 Td ( )Tj /TT2 1 Tf (This prospectus provides a general description of the debt securities an\ d warrants that Uruguay may offer. )Tj 0 -1.203 TD (Each time Uruguay offers securities, Uruguay will provide a prospectus s\ upplement that will contain specific )Tj 0 -1.2 TD (information about the terms of that offering. The prospectus supplement \ may also add, update or change )Tj 0 -1.2 TD (information contained in this prospectus. If the information in this pro\ spectus differs from any prospectus )Tj T* (supplement, you should rely on the updated information in the prospectus\ supplement.)Tj /TT1 1 Tf ( )Tj /TT0 1 Tf 0 -2.403 TD (Debt Securities)Tj /TT1 1 Tf ( )Tj 0 -1.8 TD ( Uruguay will issue the debt securities under a trust indenture date\ d May 29, 2003 among Uruguay, Banco )Tj 0 -1.2 TD (Central del Uruguay, or Banco Central, as financial agent to Uruguay, an\ d The Bank of New York, as trustee. )Tj T* (Uruguay has filed the indenture and the forms of debt securities with th\ e SEC. The following description )Tj T* (summarizes some of the terms of the debt securities and the indenture. T\ his summary does not contain all of the )Tj T* (information that may be important to you as a potential investor in the \ securities. You should read the prospectus )Tj T* (supplement, the indenture and the forms of debt securities before making\ your investment decision. )Tj 0 -1.804 TD ( )Tj /TT3 1 Tf (General)Tj /TT1 1 Tf ( )Tj 0 -1.8 TD ( The prospectus supplement relating to any series of debt securities\ offered will include specific terms relating )Tj 0 -1.2 TD (to the debt securities of that series. These terms will include some or \ all of the following: )Tj 0 -1.8 TD ( )Tj /TT0 1 Tf 0.92 -0.003 Td (\225)Tj /TT1 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (the title;)Tj 7.5 0 0 7.5 10 442.7865 Tm ( )Tj 12.5 0 0 12.5 10 429.4547 Tm ( )Tj /TT0 1 Tf 0.92 -0.003 Td (\225)Tj /TT1 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (any limit on the aggregate principal amount;)Tj 7.5 0 0 7.5 10 418.7865 Tm ( )Tj 12.5 0 0 12.5 10 405.4547 Tm ( )Tj /TT0 1 Tf 0.92 -0.003 Td (\225)Tj /TT1 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (the issue price;)Tj 7.5 0 0 7.5 10 394.7865 Tm ( )Tj 12.5 0 0 12.5 10 381.4547 Tm ( )Tj /TT0 1 Tf 0.92 -0.003 Td (\225)Tj /TT1 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (the maturity date or dates;)Tj 7.5 0 0 7.5 10 370.7865 Tm ( )Tj 12.5 0 0 12.5 10 357.4547 Tm ( )Tj /TT0 1 Tf 0.92 -0.003 Td (\225)Tj /TT1 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (if the debt securities will bear interest, the interest rate, which may \ be fixed or floating, the date from )Tj 0 -1.2 TD (which interest will accrue, the interest payment dates and the record da\ tes for these interest payment dates;)Tj 7.5 0 0 7.5 10 331.7865 Tm ( )Tj 12.5 0 0 12.5 10 318.4547 Tm ( )Tj /TT0 1 Tf 0.92 -0.003 Td (\225)Tj /TT1 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (the form of debt security \(global or certificated\);)Tj 7.5 0 0 7.5 10 307.7865 Tm ( )Tj 12.5 0 0 12.5 10 294.4547 Tm ( )Tj /TT0 1 Tf 0.92 -0.003 Td (\225)Tj /TT1 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (any mandatory or optional sinking fund provisions;)Tj 7.5 0 0 7.5 10 283.7865 Tm ( )Tj 12.5 0 0 12.5 10 270.4547 Tm ( )Tj /TT0 1 Tf 0.92 -0.003 Td (\225)Tj /TT1 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (any provisions that allow Uruguay to redeem the debt securities at its o\ ption;)Tj 7.5 0 0 7.5 10 259.7865 Tm ( )Tj 12.5 0 0 12.5 10 246.4547 Tm ( )Tj /TT0 1 Tf 0.92 -0.003 Td (\225)Tj /TT1 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (any provisions that entitle the holders to repayment at their option;)Tj 7.5 0 0 7.5 10 235.7865 Tm ( )Tj 12.5 0 0 12.5 10 222.4547 Tm ( )Tj /TT0 1 Tf 0.92 -0.003 Td (\225)Tj /TT1 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (the currency in which the debt securities are denominated and the curren\ cy in which Uruguay will make )Tj T* (payments;)Tj 7.5 0 0 7.5 10 196.7865 Tm ( )Tj 12.5 0 0 12.5 10 183.4547 Tm ( )Tj /TT0 1 Tf 0.92 -0.003 Td (\225)Tj /TT1 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (the authorized denominations;)Tj 7.5 0 0 7.5 10 172.7865 Tm ( )Tj 12.5 0 0 12.5 10 159.4547 Tm ( )Tj /TT0 1 Tf 0.92 -0.003 Td (\225)Tj /TT1 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (a description of any index Uruguay will use to determine the amount of p\ rincipal or any premium or )Tj T* (interest payments; and)Tj 7.5 0 0 7.5 10 133.7865 Tm ( )Tj 12.5 0 0 12.5 10 120.4547 Tm ( )Tj /TT0 1 Tf 0.92 -0.003 Td (\225)Tj /TT1 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (any other terms that do not conflict with the provisions of the indentur\ e.)Tj 19.99 -2.72 Td (3 )Tj ET 0.5 0.5 0.5 rg 10 54.284 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(86 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 737 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Artifact <>BDC BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(87 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 738 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 742.1628 Tm ( Uruguay may issue debt securities in exchange for other debt securi\ ties or that are convertible into new debt )Tj 0 -1.2 TD (securities. The specific terms of the exchange or conversion of any debt\ security and the debt security for which it )Tj T* (will be exchangeable or to which it will be converted will be described \ in the prospectus supplement relating to )Tj 0 -1.2 TD (the exchangeable or convertible debt security. )Tj 0 -1.8 TD ( Uruguay may issue debt securities at a discount below their stated \ principal amount, bearing no interest or )Tj 0 -1.2 TD (interest at a rate that at the time of issuance is below market rates. U\ ruguay may also issue debt securities that )Tj T* (have floating rates of interest but are exchangeable for fixed rate debt\ securities. Uruguay will describe the )Tj T* (applicable U.S. federal income tax consequences that may be associated w\ ith an investment in a series of the debt )Tj 0 -1.2 TD (securities and other relevant considerations in the prospectus supplemen\ ts for these offerings. )Tj 0 -1.8 TD ( Uruguay is not required to issue all of its debt securities under t\ he indenture and this prospectus, but instead )Tj 0 -1.2 TD (may issue debt securities other than those described in this prospectus \ under other indentures and documentation. )Tj T* (That documentation may contain different terms from those included in th\ e indenture and described in this )Tj T* (prospectus. )Tj 0 -1.804 TD ( )Tj /TT1 1 Tf (Status)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( The debt securities will be direct, unconditional and unsecured pub\ lic foreign debt of Uruguay and will not )Tj 0 -1.2 TD (have the benefit of any separate undertaking of other governmental entit\ ies \(including Banco Central\). They will )Tj T* (rank equal in right of payment among themselves and with all of Uruguay\222\ s existing and future unsecured and )Tj T* (unsubordinated foreign debt, as defined under \223\227Negative Pledge\224\ below. Uruguay has pledged its full faith and )Tj T* (credit to make all payments on the debt securities when due. )Tj 0 -1.804 TD ( )Tj /TT1 1 Tf (Payment of Principal and Interest)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( Uruguay will arrange for payments to be made on global debt securit\ ies by wire transfer to the applicable )Tj 0 -1.2 TD (clearing system, or to its nominee or common depositary, as the register\ ed owner or bearer of the debt securities, )Tj T* (which will receive the funds for distribution to the holders. See \223Gl\ obal Securities\224 below. )Tj 0 -1.8 TD ( Uruguay will arrange for payments to be made on any certificated de\ bt securities to the registered holders of )Tj 0 -1.2 TD (the debt securities on the specified payment dates. Uruguay may make suc\ h payments by wire transfer or by )Tj T* (check mailed to the holder\222s registered address. )Tj 0 -1.8 TD ( If any date for an interest or principal payment on a debt security\ denominated in U.S. dollars is a day on )Tj 0 -1.2 TD (which banking institutions in New York City are authorized or obligated \ by law or executive order to be closed, )Tj T* (Uruguay will make the payment on the next New York City banking day. A s\ imilar rule will apply to payments )Tj T* (under securities denominated in other currencies, but with reference to \ business days in the place of payment. No )Tj T* (interest on the debt securities will accrue as a result of this delay in\ payment. )Tj 0 -1.8 TD ( If any money that Uruguay pays to the trustee or to any paying agen\ t to make payments on any debt securities )Tj 0 -1.2 TD (is not claimed at the end of two years after the applicable payment was \ due and payable, then the money will be )Tj T* (repaid to Uruguay on Uruguay\222s written request. Uruguay will hold suc\ h unclaimed money in trust for the )Tj T* (relevant holders of those debt securities. After any such repayment, nei\ ther the trustee nor any paying agent will )Tj T* (be liable for the payment. However, Uruguay\222s obligations to make pay\ ments on the debt securities as they )Tj T* (become due will not be affected until the expiration of the prescription\ period, if any, specified in the securities )Tj T* (\(see \223\227Limitations on Time for Claims\224 below\). )Tj 0 -1.804 TD ( )Tj /TT1 1 Tf (Additional Amounts)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( Uruguay will make all principal and interest payments on the debt s\ ecurities without withholding or deducting )Tj 0 -1.2 TD (any present or future taxes imposed by Uruguay or any of its political s\ ubdivisions. If Uruguayan law requires )Tj T* (Uruguay to deduct or withhold taxes \(which it currently does not requir\ e\), Uruguay will pay the holders of )Tj ET EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(88 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 739 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n BT /TT0 1 Tf 12.5 0 0 12.5 294.375 790.4992 Tm (4 )Tj ET 0.5 0.5 0.5 rg 10 758.329 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(89 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 740 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 749.6628 Tm (debt securities the additional amounts necessary to ensure that they rec\ eive the same amount as they would have )Tj 0 -1.2 TD (received without any withholding or deduction. )Tj 0 -1.8 TD ( Uruguay will not, however, pay any additional amounts in conne\ ction with any tax, assessment or other )Tj 0 -1.2 TD (governmental charge that is imposed due to any of the following: )Tj 0 -1.8 TD ( )Tj /TT1 1 Tf 2.3 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (the holder of debt securities has or had some connection with Uruguay ot\ her than merely owning the )Tj 0 -1.2 TD (securities or receiving principal and interest payments on the securitie\ s;)Tj 7.5 0 0 7.5 10 648.9946 Tm ( )Tj 12.5 0 0 12.5 10 635.6628 Tm ( )Tj /TT1 1 Tf 2.3 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (the holder of debt securities has failed to comply with any certificatio\ n or other reporting requirement )Tj 0 -1.2 TD (concerning its nationality, residence, identity or connection with Urugu\ ay, and Uruguay requires )Tj T* (compliance with these reporting requirements as a precondition to exempt\ ion from Uruguayan )Tj 0 -1.2 TD (withholding taxes or deductions and has provided notice of such requirem\ ent to the trustee at least )Tj 0 -1.2 TD (60 days prior to the date such compliance is required; or)Tj 7.5 0 0 7.5 10 564.9946 Tm ( )Tj 12.5 0 0 12.5 10 551.6628 Tm ( )Tj /TT1 1 Tf 2.3 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (the holder of debt securities has failed to present its security within \ 30 days after a payment of principal )Tj 0 -1.2 TD (or interest has been made available to the holder.)Tj -4.14 -1.8 Td ( Uruguay will pay any administrative, excise or property taxes \ that arise in Uruguay under Uruguayan law )Tj 0 -1.2 TD (in connection with the debt securities. Uruguay will also indemnify the \ holder of debt securities against any )Tj T* (administrative, excise or property taxes resulting from the enforcement \ of the obligations of Uruguay under the )Tj T* (debt securities following an event of default. )Tj 0 -1.804 TD ( )Tj /TT2 1 Tf (Form and Denominations)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( Unless otherwise provided in the applicable prospectus supplem\ ent, Uruguay will issue debt securities: )Tj T* ( )Tj /TT1 1 Tf 2.3 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (denominated in U.S. dollars;)Tj 7.5 0 0 7.5 10 390.9401 Tm ( )Tj 12.5 0 0 12.5 10 377.6082 Tm ( )Tj /TT1 1 Tf 2.3 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (in fully registered book-entry form;)Tj 7.5 0 0 7.5 10 366.9401 Tm ( )Tj 12.5 0 0 12.5 10 353.6082 Tm ( )Tj /TT1 1 Tf 2.3 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (without coupons; and)Tj 7.5 0 0 7.5 10 342.9401 Tm ( )Tj 12.5 0 0 12.5 10 329.6082 Tm ( )Tj /TT1 1 Tf 2.3 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (in denominations of $1,000 and integral multiples of $1,000.)Tj -4.14 -1.804 Td ( )Tj /TT2 1 Tf (Redemption, Repurchase and Early Repayment)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( Unless otherwise provided in the applicable prospectus supplem\ ent, the debt securities will not be )Tj 0 -1.2 TD (redeemable before maturity at the option of Uruguay or repayable before \ maturity at the option of the holder. )Tj T* (Nevertheless, Uruguay may at any time repurchase the debt securities at \ any price in the open market or )Tj T* (otherwise. Uruguay may hold or resell debt securities it purchases or ma\ y surrender them to the trustee for )Tj 0 -1.2 TD (cancellation. )Tj 0 -1.804 TD ( )Tj /TT2 1 Tf (Negative Pledge)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( Uruguay has agreed that as long as any of the debt securities \ remain outstanding or any amount payable by )Tj 0 -1.2 TD (Uruguay under the indenture remains unpaid, Uruguay will not grant or al\ low any lien to be placed on its assets or )Tj T* (revenues or the assets or revenues of Banco Central as security for any \ of its public foreign debt, unless it )Tj T* (contemporaneously grants or allows a lien that provides security on the \ same terms for Uruguay\222s obligations )Tj 0 -1.2 TD (under the debt securities. )Tj 22.75 -2.72 Td (5 )Tj ET 0.5 0.5 0.5 rg 10 53.329 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(90 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 741 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Artifact <>BDC BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(91 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 742 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 749.6628 Tm ( For this purpose: )Tj 0 -1.8 TD ( )Tj /TT1 1 Tf 2.3 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (\223foreign debt\224 means obligations of or guaranteed \(whether by con\ tract, statute or otherwise\) by the )Tj 0 -1.2 TD (Republic or Banco Central for borrowed money or evidenced by bonds, debe\ ntures, notes or other )Tj 0 -1.2 TD (similar instruments denominated or payable, or which at the option of th\ e holder thereof may be )Tj T* (payable, in a currency other than the local currency of Uruguay;)Tj 7.5 0 0 7.5 10 671.4946 Tm ( )Tj 12.5 0 0 12.5 10 658.1628 Tm ( )Tj /TT1 1 Tf 2.3 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (\223lien\224 means any lien, pledge, mortgage, security interest, deed o\ f trust, charge or other encumbrance )Tj 0 -1.2 TD (or preferential arrangement which has the practical effect of constituti\ ng a security interest with respect )Tj T* (to the payment of any obligations with or from the proceeds of any asset\ s or revenues of any kind )Tj 0 -1.2 TD (whether in effect on the date the indenture becomes effective or at any \ time thereafter; and)Tj 7.5 0 0 7.5 10 602.4946 Tm ( )Tj 12.5 0 0 12.5 10 589.1628 Tm ( )Tj /TT1 1 Tf 2.3 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (\223public foreign debt\224 means any foreign debt that is in the form o\ f, or represented by, bonds, notes or )Tj 0 -1.2 TD (other securities that are or may be quoted, listed or ordinarily purchas\ ed or sold on any stock exchange, )Tj T* (automated trading system or over-the-counter or other securities market.\ )Tj -4.14 -1.8 Td ( However, Uruguay may grant or agree to certain permitted types\ of liens, as described below: )Tj 0 -1.8 TD ( )Tj /TT1 1 Tf 2.3 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (any lien on property to secure public foreign debt arising in the ordina\ ry course of business to finance )Tj 0 -1.2 TD (export, import or other trade transactions, which matures \(after giving\ effect to all renewals and )Tj T* (refinancings thereof\) not more than one year after the date on which th\ at public foreign debt was )Tj 0 -1.2 TD (originally incurred;)Tj 7.5 0 0 7.5 10 458.4946 Tm ( )Tj 12.5 0 0 12.5 10 445.1628 Tm ( )Tj /TT1 1 Tf 2.3 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (any lien on property to secure public foreign debt that was incurred sol\ ely for the purpose of financing )Tj 0 -1.2 TD (Uruguay\222s acquisition of the property \(or, in the case of public for\ eign debt guaranteed by Uruguay, )Tj T* (acquisition by the relevant debtor\);)Tj 7.5 0 0 7.5 10 404.4946 Tm ( )Tj 12.5 0 0 12.5 10 391.1628 Tm ( )Tj /TT1 1 Tf 2.3 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (any lien on property arising by operation of law in connection with publ\ ic foreign debt, including any )Tj T* (right of set-off with respect to demand or time deposits maintained with\ financial institutions and )Tj T* (bankers\222 liens with respect to property held by financial institution\ s;)Tj 7.5 0 0 7.5 10 350.4946 Tm ( )Tj 12.5 0 0 12.5 10 337.1628 Tm ( )Tj /TT1 1 Tf 2.3 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (any lien existing on property at the time of acquisition;)Tj 7.5 0 0 7.5 10 326.4946 Tm ( )Tj 12.5 0 0 12.5 10 313.1628 Tm ( )Tj /TT1 1 Tf 2.3 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (any lien on property created pursuant to the Collateral Pledge Agreement\ dated as of February 19, 1991 )Tj T* (made by Banco Central in favor of the Federal Reserve Bank of New York, \ as collateral agent, to )Tj T* (secure the Series A and Series B Collateralized Fixed Rate Notes Due 202\ 1;)Tj 7.5 0 0 7.5 10 272.4946 Tm ( )Tj 12.5 0 0 12.5 10 259.1628 Tm ( )Tj /TT1 1 Tf 2.3 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (any lien in existence as of the issue date of the relevant series of deb\ t securities; and)Tj 7.5 0 0 7.5 10 248.4946 Tm ( )Tj 12.5 0 0 12.5 10 235.1628 Tm ( )Tj /TT1 1 Tf 2.3 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (any lien securing public foreign debt incurred for the purpose of financ\ ing all or part of the costs of the )Tj T* (acquisition, construction or development of a project provided that \(a\)\ the holders of the public foreign )Tj T* (debt agree to limit their recourse to the assets and revenues of project\ as the principal source of )Tj 0 -1.2 TD (repayment and \(b\) the property over which the lien is granted consists\ solely of the assets and revenues )Tj 0 -1.2 TD (of the project.)Tj -4.14 -1.804 Td ( )Tj /TT2 1 Tf (Events of Default)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( Each of the following is an event of default under any series \ of debt securities: )Tj 0 -1.803 TD ( 1. )Tj /TT3 1 Tf (Non-Payment: )Tj /TT0 1 Tf (Uruguay\222s failure for a period of 30 consecutive days to make a payme\ nt of principal or )Tj 0 -1.2 TD (interest when due on any debt security of that series; or )Tj 22.75 -2.72 Td (6 )Tj ET EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(92 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 743 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0.5 0.5 0.5 rg 10 806.403 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(93 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 744 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 749.6276 Tm ( 2. )Tj /TT1 1 Tf (Breach of Other Obligations: )Tj /TT0 1 Tf (The failure for a period of 60 days following written notice to Uruguay \ by )Tj 0 -1.2 TD (the trustee or holders representing 25% of the outstanding debt securiti\ es of that series to remedy the failure by )Tj T* (Uruguay or, where applicable, Banco Central acting on Uruguay\222s behal\ f, to observe or perform any of the )Tj 0 -1.2 TD (covenants or agreements provided in the debt securities of that series o\ r the indenture \(other than a non-payment )Tj 0 -1.2 TD (default\); or )Tj 0 -1.803 TD ( 3. )Tj /TT1 1 Tf (Cross Default:)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( )Tj /TT2 1 Tf 2.3 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (Uruguay fails to make a payment when due or within the applicable grace \ period on public foreign debt )Tj 0 -1.2 TD (issued, or amended as to payment terms, on or after April 10, 2003 havin\ g an aggregate principal )Tj T* (amount greater than or equal to US$60,000,000 \(or its equivalent in oth\ er currencies\);)Tj 7.5 0 0 7.5 10 603.9243 Tm ( )Tj 12.5 0 0 12.5 10 590.5925 Tm ( )Tj /TT2 1 Tf 2.3 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (Any public foreign debt of Uruguay issued, or amended as to payment term\ s, on or after April 10, 2003 )Tj 0 -1.2 TD (having an aggregate principal amount greater than or equal to US$60,000,\ 000 \(or its equivalent in other )Tj T* (currencies\) is accelerated due to an event of default, unless the accel\ eration is rescinded or annulled; or)Tj -4.14 -1.803 Td ( 4. )Tj /TT1 1 Tf (Moratorium: )Tj /TT0 1 Tf (Uruguay or certain courts declare a general suspension of payments or a \ moratorium on )Tj 0 -1.2 TD (payment of Uruguay\222s public foreign debt issued, or amended as to pay\ ment terms, on or after April 10, 2003. )Tj 0 -1.803 TD ( 5. )Tj /TT1 1 Tf (Validity:)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( )Tj /TT2 1 Tf 2.3 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (The validity of the debt securities of that series is contested in certa\ in formal proceedings by Uruguay )Tj 0 -1.2 TD (or by any governmental entity of Uruguay that has the legal power to con\ test the validity of the )Tj T* (securities;)Tj 7.5 0 0 7.5 10 437.354 Tm ( )Tj 12.5 0 0 12.5 10 424.0222 Tm ( )Tj /TT2 1 Tf 2.3 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (Uruguay denies any of its obligations to the holders of that series unde\ r the debt securities or the )Tj 0 -1.2 TD (indenture; or)Tj 7.5 0 0 7.5 10 398.354 Tm ( )Tj 12.5 0 0 12.5 10 385.0222 Tm ( )Tj /TT2 1 Tf 2.3 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (A legislative or constitutional measure or a final decision by a court i\ n Uruguay purports to render any )Tj T* (material provision of the debt securities of that series invalid or to p\ revent or delay the performance of )Tj T* (any of Uruguay\222s material obligations under the securities; or)Tj -4.14 -1.803 Td ( 6. )Tj /TT1 1 Tf (Failure of Authorizations: )Tj /TT0 1 Tf (Any law, regulation or governmental authorization necessary for Uruguay \ to )Tj 0 -1.2 TD (perform its material obligations under the debt securities of that serie\ s ceases to be in full force and effect or is )Tj T* (modified in a manner that adversely affects the rights or claims of any \ of the holders; or )Tj 0 -1.803 TD ( 7. )Tj /TT1 1 Tf (Judgments: )Tj /TT0 1 Tf (Any of several special types of judgments is levied against all or any s\ ubstantial part of the )Tj 0 -1.2 TD (assets of Uruguay in connection with a monetary judgment exceeding US$60\ ,000,000 \(or its equivalent in other )Tj T* (currencies\) and Uruguay does not adequately satisfy, bond, contest in g\ ood faith, or receive a stay of execution in )Tj T* (respect of, such judgment within 45 days; or )Tj 0 -1.803 TD ( 8. )Tj /TT1 1 Tf (Illegality: )Tj /TT0 1 Tf (Any applicable law, rule or regulation is adopted which would make it un\ lawful for Uruguay )Tj 0 -1.2 TD (to comply with its obligations described in \223Additional Amounts\224 a\ bove; or )Tj 0 -1.803 TD ( 9. )Tj /TT1 1 Tf (IMF Membership: )Tj /TT0 1 Tf (Uruguay ceases to be a member of the IMF. )Tj 0 -1.8 TD ( If any of the above events of default occurs and is continuing\ , holders holding debt securities representing )Tj 0 -1.2 TD (at least 25% of the aggregate principal amount of the then-outstanding d\ ebt securities of that series may declare )Tj T* (the principal amount of all the debt securities of that series to be due\ and payable immediately by giving written )Tj T* (notice to Uruguay or Banco Central, with a copy to the trustee. )Tj 0 -1.8 TD ( Holders holding debt securities representing in the aggregate \ at least two-thirds of the principal amount of )Tj 0 -1.2 TD (the then-outstanding debt securities of that series may waive any existi\ ng defaults, and their consequences, on )Tj T* (behalf of the holders of all of the debt securities of that series, if: \ )Tj ET EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(94 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 745 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n BT /TT0 1 Tf 12.5 0 0 12.5 294.375 800.8817 Tm (7 )Tj ET 0.5 0.5 0.5 rg 10 768.711 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(95 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 746 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 749.6628 Tm ( )Tj /TT1 1 Tf 2.3 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (following the declaration that the principal of the debt securities of t\ hat series has become due and )Tj 0 -1.2 TD (payable immediately, Uruguay deposits with the trustee a sum sufficient \ to pay all outstanding amounts )Tj T* (then due on those debt securities \(other than principal due by virtue o\ f the acceleration upon the event )Tj 0 -1.2 TD (of default\) together with interest on such amounts through the date of \ the deposit as well as the )Tj 0 -1.2 TD (reasonable fees and compensation of the trustee; and)Tj 7.5 0 0 7.5 10 678.9946 Tm ( )Tj 12.5 0 0 12.5 10 665.6628 Tm ( )Tj /TT1 1 Tf 2.3 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (all events of default \(other than non-payment of principal that became \ due by virtue of the acceleration )Tj 0 -1.2 TD (upon the event of default\) have been remedied.)Tj -4.14 -1.804 Td ( )Tj /TT2 1 Tf (Suits for Enforcement and Limitations on Suits by Holders)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( If an event of default for a series has occurred and is contin\ uing, the trustee may institute judicial action to )Tj 0 -1.2 TD (enforce the rights of the holders of that series. With the exception of \ a suit to enforce the absolute right of a holder )Tj T* (to receive payment of the principal of and interest on debt securities o\ n the stated maturity date therefor \(as that )Tj 0 -1.2 TD (date may be amended or modified pursuant to the terms of the debt securi\ ties\), a holder has no right to bring a )Tj T* (suit, action or proceeding with respect to the debt securities of a seri\ es unless \(1\) such holder has given notice to )Tj T* (the trustee that a default with respect to that series has occurred and \ is continuing, \(2\) holders of at least 25% of )Tj T* (the aggregate principal amount outstanding of that series have instructe\ d the trustee to institute an action or )Tj T* (proceeding and provided an indemnity satisfactory to the trustee, and \(\ 3\) 60 days have passed since the trustee )Tj T* (received the instruction and the trustee has failed to institute an acti\ on or proceeding as directed. Moreover, any )Tj T* (such action commenced by a holder must be for the equal, ratable and com\ mon benefit of all holders of debt )Tj T* (securities of that series. )Tj 0 -1.804 TD ( )Tj /TT2 1 Tf (Meetings)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( Uruguay or the trustee at any time may, and upon written reque\ st to the trustee by holders of at least 10% of )Tj 0 -1.2 TD (the aggregate principal amount of the debt securities of any series the \ trustee shall, call a meeting of holders of the )Tj T* (debt securities of that series. This meeting will be held at the time an\ d place determined by Uruguay and Banco )Tj T* (Central and specified in a notice sent to the holders by the trustee. Th\ is notice must be given at least 30 days and )Tj T* (not more than 60 days prior to the meeting. )Tj 0 -1.8 TD ( Registered holders holding debt securities representing at lea\ st a majority of the aggregate principal amount )Tj 0 -1.2 TD (of the then-outstanding debt securities of a series will constitute a qu\ orum at a meeting of registered holders )Tj T* (described above. If there is no quorum, the meeting may be adjourned for\ a period of at least ten days, and if there )Tj T* (is no quorum at the adjourned meeting, it may be further adjourned, prov\ ided in each case that notice is given at )Tj T* (least five days prior to each date the meeting is to be reconvened. At t\ he reconvening of any meeting that had )Tj T* (been adjourned twice, registered holders holding debt securities represe\ nting at least 25% of the aggregate )Tj 0 -1.2 TD (principal amount of the then-outstanding debt securities of the series w\ ill constitute a quorum. )Tj 0 -1.804 TD ( )Tj /TT2 1 Tf (Modifications)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( The New Bonds contain collective action clauses with provision\ s regarding future modifications to the )Tj 0 -1.2 TD (terms of the New Bonds. These clauses are described below. )Tj 0 -1.8 TD ( Any modification, amendment, supplement or waiver to the inden\ ture or the terms and conditions of the )Tj 0 -1.2 TD (debt securities of one or more series may be made or given pursuant to a\ written action of the holders of the debt )Tj T* (securities of that series without the need for a meeting or by vote of t\ he holders of the debt securities of that series )Tj T* (taken at a meeting of holders thereof, in each case in accordance with t\ he applicable provisions of the indenture or )Tj T* (the debt securities. )Tj 0 -1.8 TD ( Any modification, amendment, supplement or waiver to the terms\ and conditions of the debt securities of a )Tj 0 -1.2 TD (single series, or to the indenture insofar as it affects the debt securi\ ties of a single series, may generally be made, )Tj T* (and future compliance therewith may be waived, with the consent of Urugu\ ay and the holders of not less than 66-)Tj ET EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(96 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 747 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n BT /TT0 1 Tf 10.625 0 0 10.625 10 805.1705 Tm (2)Tj 12.5 0 0 12.5 15.3125 805.1705 Tm (/)Tj 10.625 0 0 10.625 18.7875 805.1705 Tm (3)Tj 12.5 0 0 12.5 24.1 805.1705 Tm (% in aggregate principal amount of the debt securities of such series at\ the time outstanding. )Tj 21.622 -2.72 Td (8 )Tj ET 0.5 0.5 0.5 rg 10 739 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(97 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 748 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 749.6628 Tm ( However, special requirements apply with respect to any modifi\ cation, amendment, supplement or waiver )Tj 0 -1.2 TD (that would: )Tj 0 -1.8 TD ( )Tj /TT1 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (change the date for payment of principal or premium of, or any installme\ nt of interest on, the debt )Tj 0 -1.2 TD (securities of a series;)Tj 7.5 0 0 7.5 10 686.4946 Tm ( )Tj 12.5 0 0 12.5 10 673.1628 Tm ( )Tj /TT1 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (reduce the principal amount or redemption price or premium, if any, paya\ ble under the debt securities of a )Tj 0 -1.2 TD (series;)Tj 7.5 0 0 7.5 10 647.4946 Tm ( )Tj 12.5 0 0 12.5 10 634.1628 Tm ( )Tj /TT1 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (reduce the portion of the principal amount which is payable in the event\ of an acceleration of the maturity )Tj T* (of the debt securities of a series;)Tj 7.5 0 0 7.5 10 608.4946 Tm ( )Tj 12.5 0 0 12.5 10 595.1628 Tm ( )Tj /TT1 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (reduce the interest rate on the debt securities of a series;)Tj 7.5 0 0 7.5 10 584.4946 Tm ( )Tj 12.5 0 0 12.5 10 571.1628 Tm ( )Tj /TT1 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (change the currency or place of payment of any amount payable under the \ debt securities of a series;)Tj 7.5 0 0 7.5 10 560.4946 Tm ( )Tj 12.5 0 0 12.5 10 547.1628 Tm ( )Tj /TT1 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (change the obligation of Uruguay to pay additional amounts in respect of\ the debt securities of a series;)Tj 7.5 0 0 7.5 10 536.4946 Tm ( )Tj 12.5 0 0 12.5 10 523.1628 Tm ( )Tj /TT1 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (change the definition of outstanding or the percentage of votes required\ for the taking of any action )Tj T* (pursuant to the modification provisions of the indenture \(and the corre\ sponding provisions of the terms and )Tj T* (conditions of the debt securities\) in respect of the debt securities of\ a series;)Tj 7.5 0 0 7.5 10 482.4946 Tm ( )Tj 12.5 0 0 12.5 10 469.1628 Tm ( )Tj /TT1 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (authorize the trustee, on behalf of all holders of the debt securities o\ f a series, to exchange or substitute all )Tj T* (the debt securities of that series for, or convert all the debt securiti\ es of that series into, other obligations or )Tj T* (securities of Uruguay or any other Person; or)Tj 7.5 0 0 7.5 10 428.4946 Tm ( )Tj 12.5 0 0 12.5 10 415.1628 Tm ( )Tj /TT1 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 -0.003 Td (change the )Tj /TT2 1 Tf (pari passu )Tj /TT0 1 Tf (ranking, governing law, submission to jurisdiction or waiver of immuniti\ es )Tj T* (provisions of the terms and conditions of the debt securities of a serie\ s.)Tj -2.76 -1.8 Td ( We refer to the above subjects as \223reserve matters\224 and \ to any modification, amendment, supplement or )Tj 0 -1.2 TD (waiver constituting a reserve matter as a \223reserve matter modificatio\ n.\224 )Tj 0 -1.8 TD ( Any reserve matter modification to the terms and conditions of\ the debt securities of a single series, or to )Tj 0 -1.2 TD (the indenture insofar as it affects the debt securities of a single seri\ es, may generally be made, and future )Tj T* (compliance therewith may be waived, with the consent of Uruguay and the \ holders of not less than 75% in )Tj 0 -1.2 TD (aggregate principal amount of the debt securities of such series at the \ time outstanding. )Tj 0 -1.8 TD ( If Uruguay proposes any reserve matter modification to the ter\ ms and conditions of the debt securities of )Tj 0 -1.2 TD (two or more series, or to the indenture insofar as it affects the debt s\ ecurities of two or more series, in either case )Tj T* (as part of a single transaction, Uruguay may elect to proceed pursuant t\ o provisions of the indenture providing )Tj T* (that such modifications may be made, and future compliance therewith may\ be waived, for each affected series if )Tj 0 -1.2 TD (made with the consent of Uruguay and )Tj 0 -1.8 TD ( )Tj /TT1 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 -0.003 Td (the holders of not less than 85% in aggregate principal amount of the ou\ tstanding debt securities of )Tj /TT2 1 Tf (all )Tj /TT0 1 Tf 0 -1.2 TD (series that would be affected by that modification \(taken in aggregate\)\ , and)Tj 7.5 0 0 7.5 10 164.4243 Tm ( )Tj 12.5 0 0 12.5 10 151.0925 Tm ( )Tj /TT1 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 -0.003 Td (the holders of not less than 66-)Tj 10.625 0 0 10.625 198.65 151.0574 Tm (2)Tj 12.5 0 0 12.5 203.9625 151.0574 Tm (/)Tj 10.625 0 0 10.625 207.4375 151.0574 Tm (3)Tj 12.5 0 0 12.5 212.75 151.0574 Tm (% in aggregate principal amount of the outstanding debt securities of )Tj /TT2 1 Tf (that )Tj /TT0 1 Tf -13.46 -1.2 Td (series \(taken individually\).)Tj -2.76 -1.8 Td ( If any reserve matter modification is sought in the context of\ a simultaneous offer to exchange the debt )Tj 0 -1.2 TD (securities of one or more series for new debt instruments of Uruguay or \ any other person, Uruguay shall ensure )Tj T* (that the relevant provisions of the affected debt securities, as amended\ by such modification, are no less favorable )Tj T* (to the holders thereof than the provisions of the new instrument being o\ ffered in the exchange, or if more than one )Tj T* (debt )Tj ET EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(98 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 749 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n BT /TT0 1 Tf 12.5 0 0 12.5 294.375 799.5574 Tm (9 )Tj ET 0.5 0.5 0.5 rg 10 767.387 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(99 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 750 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 749.6628 Tm (instrument is offered, no less favorable than the new debt instrument is\ sued having the largest aggregate principal )Tj 0 -1.2 TD (amount. )Tj 0 -1.8 TD ( Uruguay agrees that it will not issue new debt securities or r\ eopen any existing series of debt securities with )Tj 0 -1.2 TD (the intention of placing such debt securities with holders expected to s\ upport any modification proposed by )Tj T* (Uruguay \(or that Uruguay plans to propose\) for approval pursuant to th\ e modification provisions of the indenture )Tj T* (or the terms and conditions of any series of debt securities. )Tj 0 -1.8 TD ( Any modification consented to or approved by the holders of th\ e debt securities of one or more series )Tj 0 -1.2 TD (pursuant to the modification provisions will be conclusive and binding o\ n all holders of the debt securities of that )Tj T* (series, whether or not they have given such consent or were present at a\ meeting of holders at which such action )Tj T* (was taken, and on all future holders of the debt securities of that seri\ es whether or not notation of such )Tj T* (modification is made upon the debt securities of that series. Any instru\ ment given by or on behalf of any holder of )Tj T* (a debt security in connection with any consent to or approval of any suc\ h modification will be conclusive and )Tj T* (binding on all subsequent holders of such debt security. )Tj 0 -1.8 TD ( Before seeking the consent of any holder of a debt security of\ any series to a reserve matter modification )Tj 0 -1.2 TD (affecting that series, Uruguay shall provide to the trustee \(for onward\ distribution to the holders of the affected )Tj T* (debt securities\) the following information: )Tj 0 -1.8 TD ( )Tj /TT1 1 Tf 3.22 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (a description of the economic or financial circumstances that, in Urugua\ y\222s view, explain the request )Tj 0 -1.2 TD (for the proposed modification;)Tj 7.5 0 0 7.5 10 453.9946 Tm ( )Tj 12.5 0 0 12.5 10 440.6628 Tm ( )Tj /TT1 1 Tf 3.22 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (if Uruguay shall at the time have entered into a standby, extended funds\ or similar program with the )Tj 0 -1.2 TD (International Monetary Fund, a copy of that program \(including any rela\ ted technical memorandum\); )Tj T* (and)Tj 7.5 0 0 7.5 10 399.9946 Tm ( )Tj 12.5 0 0 12.5 10 386.6628 Tm ( )Tj /TT1 1 Tf 3.22 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (a description of Uruguay\222s proposed treatment of its other major cred\ itor groups \(including, where )Tj T* (appropriate, Paris Club creditors, other bilateral creditors and interna\ l debtholders\) in connection )Tj T* (with Uruguay\222s efforts to address the situation giving rise to the re\ quested modification.)Tj -5.06 -1.8 Td ( For purposes of determining whether the required percentage of\ holders of the notes has approved any )Tj 0 -1.2 TD (modification, amendment, supplement or waiver or other action or instruc\ tion pursuant to the indenture or, in the )Tj T* (case of a meeting, whether sufficient holders are present for quorum pur\ poses, any debt securities owned or )Tj T* (controlled, directly or indirectly, by Uruguay or any public sector inst\ rumentality of Uruguay will be disregarded )Tj 0 -1.2 TD (and deemed to be not outstanding. As used in this paragraph, \223public \ sector instrumentality\224 means Banco )Tj T* (Central, any department, ministry or agency of the government of Uruguay\ or any corporation, trust, financial )Tj T* (institution or other entity owned or controlled by the government of Uru\ guay or any of the foregoing, and )Tj T* (\223control\224 means the power, directly or indirectly, through the own\ ership of voting securities or other ownership )Tj T* (interests or otherwise, to direct the management of or elect or appoint \ a majority of the board of directors or other )Tj T* (persons performing similar functions in lieu of, or in addition to, the \ board of directors of a corporation, trust, )Tj T* (financial institution or other entity. In determining whether the truste\ e shall be protected in relying upon any )Tj T* (modification, amendment, supplement or waiver, or any notice from holder\ s, only debt securities that the trustee )Tj T* (knows to be so owned shall be so disregarded. Prior to any vote on a res\ erve matter modification affecting any )Tj T* (series of debt securities, Uruguay shall deliver to the trustee a certif\ icate signed by an authorized representative of )Tj T* (Uruguay specifying, for Uruguay and each public sector instrumentality, \ any debt securities of that series deemed )Tj T* (to be not outstanding as described above or, if no debt securities of th\ at series are owned or controlled by )Tj T* (Uruguay or any public sector instrumentality, a certificate signed by an\ authorized representative of Uruguay to )Tj T* (this effect. )Tj /TT1 1 Tf 0 -2.403 TD (Warrants)Tj /TT0 1 Tf ( )Tj ET EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(100 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 751 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n BT /TT0 1 Tf 12.5 0 0 12.5 10 805.1353 Tm ( )Tj /TT1 1 Tf (If Uruguay issues warrants, it will describe their specific terms in a p\ rospectus supplement. If any warrants )Tj 0 -1.203 TD (are registered with the SEC, Uruguay will file a warrant agreement and f\ orm of warrant with the SEC.)Tj /TT0 1 Tf ( )Tj 22.5 -2.72 Td (10 )Tj ET 0.5 0.5 0.5 rg 10 723.93 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(101 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 752 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 749.6276 Tm (The following description briefly summarizes some of the general terms t\ hat apply to warrants. You should read )Tj 0 -1.2 TD (the applicable prospectus supplement, warrant agreement and form of warr\ ant before making your investment )Tj T* (decision.)Tj /TT1 1 Tf ( )Tj 0 -1.8 TD ( Uruguay may issue the warrants separately or together with any\ debt securities. All warrants will be issued )Tj 0 -1.2 TD (under a warrant agreement between Uruguay and a bank or trust company, a\ s warrant agent. The applicable )Tj T* (prospectus supplement will include some or all of the following specific\ terms relating to the warrants: )Tj 0 -1.8 TD ( )Tj /TT2 1 Tf 2.3 -0.003 Td (\225)Tj /TT1 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (the initial offering price;)Tj 7.5 0 0 7.5 10 633.9595 Tm ( )Tj 12.5 0 0 12.5 10 620.6276 Tm ( )Tj /TT2 1 Tf 2.3 -0.003 Td (\225)Tj /TT1 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (the currency you must use to purchase the warrants;)Tj 7.5 0 0 7.5 10 609.9595 Tm ( )Tj 12.5 0 0 12.5 10 596.6276 Tm ( )Tj /TT2 1 Tf 2.3 -0.003 Td (\225)Tj /TT1 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (the title and terms of the debt securities or other consideration that y\ ou will receive on exercise of the )Tj 0 -1.2 TD (warrants;)Tj 7.5 0 0 7.5 10 570.9595 Tm ( )Tj 12.5 0 0 12.5 10 557.6276 Tm ( )Tj /TT2 1 Tf 2.3 -0.003 Td (\225)Tj /TT1 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (the principal amount of debt securities or amount of other consideration\ that you will receive on )Tj T* (exercise of the warrants;)Tj 7.5 0 0 7.5 10 531.9595 Tm ( )Tj 12.5 0 0 12.5 10 518.6276 Tm ( )Tj /TT2 1 Tf 2.3 -0.003 Td (\225)Tj /TT1 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (the exercise price or ratio;)Tj 7.5 0 0 7.5 10 507.9595 Tm ( )Tj 12.5 0 0 12.5 10 494.6276 Tm ( )Tj /TT2 1 Tf 2.3 -0.003 Td (\225)Tj /TT1 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (the procedures of, and conditions to, exercise of the warrants;)Tj 7.5 0 0 7.5 10 483.9595 Tm ( )Tj 12.5 0 0 12.5 10 470.6276 Tm ( )Tj /TT2 1 Tf 2.3 -0.003 Td (\225)Tj /TT1 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (the date or dates on which you must exercise the warrants;)Tj 7.5 0 0 7.5 10 459.9595 Tm ( )Tj 12.5 0 0 12.5 10 446.6276 Tm ( )Tj /TT2 1 Tf 2.3 -0.003 Td (\225)Tj /TT1 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (whether and under what conditions Uruguay may cancel the warrants;)Tj 7.5 0 0 7.5 10 435.9595 Tm ( )Tj 12.5 0 0 12.5 10 422.6276 Tm ( )Tj /TT2 1 Tf 2.3 -0.003 Td (\225)Tj /TT1 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (the title and terms of any debt securities issued with the warrants and \ the amount of debt securities )Tj T* (issued with each warrant;)Tj 7.5 0 0 7.5 10 396.9595 Tm ( )Tj 12.5 0 0 12.5 10 383.6276 Tm ( )Tj /TT2 1 Tf 2.3 -0.003 Td (\225)Tj /TT1 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (the date, if any, on and after which the warrants and any debt securitie\ s issued with the warrants will )Tj T* (trade separately;)Tj 7.5 0 0 7.5 10 357.9595 Tm ( )Tj 12.5 0 0 12.5 10 344.6276 Tm ( )Tj /TT2 1 Tf 2.3 -0.003 Td (\225)Tj /TT1 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (the form of the warrants \(global or certificated and registered or bear\ er\), whether they will be )Tj T* (exchangeable between such forms and, if registered, where they may be tr\ ansferred and exchanged;)Tj 7.5 0 0 7.5 10 318.9595 Tm ( )Tj 12.5 0 0 12.5 10 305.6276 Tm ( )Tj /TT2 1 Tf 2.3 -0.003 Td (\225)Tj /TT1 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (the identity of the warrant agent;)Tj 7.5 0 0 7.5 10 294.9595 Tm ( )Tj 12.5 0 0 12.5 10 281.6276 Tm ( )Tj /TT2 1 Tf 2.3 -0.003 Td (\225)Tj /TT1 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (any special considerations regarding federal income tax in the United St\ ates or other countries;)Tj 7.5 0 0 7.5 10 270.9595 Tm ( )Tj 12.5 0 0 12.5 10 257.6276 Tm ( )Tj /TT2 1 Tf 2.3 -0.003 Td (\225)Tj /TT1 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (any other terms of the warrants.)Tj 18.36 -2.72 Td (11 )Tj ET 0.5 0.5 0.5 rg 10 191.457 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(102 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 753 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 749.6212 Tm (Global Securities)Tj /TT1 1 Tf ( )Tj 0 -1.803 TD ( )Tj /TT2 1 Tf (The Depository Trust Company, or DTC, Euroclear Bank S.A./C.V., )Tj /TT1 1 Tf (or Euroclear, )Tj /TT2 1 Tf (and Clearstream, )Tj 0 -1.203 TD (Luxembourg are under no obligation to perform or continue to perform the\ procedures described below, and they )Tj 0 -1.2 TD (may modify or discontinue them at any time. Neither Uruguay nor the trus\ tee will be responsible for DTC\222s, )Tj 0 -1.2 TD (Euroclear\222s or Clearstream, Luxembourg\222s performance of their obli\ gations under their rules and procedures. )Tj T* (Nor will Uruguay or the trustee be responsible for the performance by di\ rect or indirect participants of their )Tj T* (obligations under their rules and procedures.)Tj /TT1 1 Tf ( )Tj 0 -1.8 TD ( Uruguay may issue the warrants or the debt securities of a series i\ n whole or in part in the form of one or more )Tj 0 -1.2 TD (global securities, the ownership and transfer of which are recorded in c\ omputerized book-entry accounts, )Tj T* (eliminating the need for physical movement of securities. Uruguay refers\ to the intangible securities represented )Tj T* (by a global security as \223book-entry\224 securities. )Tj 0 -1.8 TD ( Uruguay will deposit any global security it issues with a clearing \ system. The global security will be registered )Tj 0 -1.2 TD (in the name of the clearing system or its nominee or common depositary. \ Unless a global security is exchanged )Tj 0 -1.2 TD (for certificated securities, as discussed below under \223Certificated S\ ecurities,\224 it may not be transferred, except )Tj T* (among the clearing system, its nominees or common depositaries and their\ successors. Clearing systems include )Tj T* (DTC, in the United States and Euroclear and Clearstream, Luxembourg in E\ urope. )Tj 0 -1.8 TD ( Clearing systems process the clearance and settlement of book-entry\ securities for their direct participants. A )Tj 0 -1.2 TD (\223direct participant\224 is a bank or financial institution that has a\ n account with a clearing system. The clearing )Tj T* (systems act only on behalf of their direct participants, who in turn act\ on behalf of indirect participants. An )Tj T* (\223indirect participant\224 is a bank or financial institution that gai\ ns access to a clearing system by clearing through or )Tj T* (maintaining a relationship with a direct participant. )Tj 0 -1.8 TD ( Euroclear and Clearstream, Luxembourg are connected to each other b\ y a direct link and participate in DTC )Tj 0 -1.2 TD (through their New York depositaries, which act as links between the clea\ ring systems. )Tj 0 -1.8 TD ( Uruguay generally will treat the registered holder of a global secu\ rity as the absolute owner of the security for )Tj 0 -1.2 TD (all purposes. The legal obligations of Uruguay and the trustee run only \ to the registered owner or bearer of a )Tj T* (global security, which will be the relevant clearing system or its nomin\ ee or common depositary. For example, )Tj T* (once Uruguay arranges for payments to be made to the registered holder, \ Uruguay will no longer be liable for the )Tj T* (amounts so paid on the security. In addition, if you own a beneficial in\ terest in a global security, you must rely on )Tj T* (the procedures of the institutions through which you hold your interests\ in the security \(including DTC, )Tj T* (Euroclear, Clearstream, Luxembourg, and their participants\) to exercise\ any of the rights granted to the holder of )Tj T* (the security or securities. Under existing industry practice, if you des\ ire to take any action that the holder of a )Tj T* (security is entitled to take, then the registered holder would authorize\ the clearing system participant through )Tj T* (which you own your beneficial interest to take the action, and the parti\ cipant would then either authorize you to )Tj T* (take the action or act for you on your instructions. )Tj /TT0 1 Tf 0 -2.403 TD (The Clearing Systems)Tj /TT1 1 Tf ( )Tj 0 -1.803 TD ( )Tj /TT2 1 Tf (The following description reflects Uruguay\222s understanding of the cur\ rent rules and procedures of DTC, )Tj 0 -1.203 TD (Euroclear and Clearstream, Luxembourg. Uruguay has obtained the informat\ ion in this section from sources it )Tj 0 -1.2 TD (believes to be reliable, including from DTC, Euroclear and Clearstream, \ Luxembourg, but Uruguay takes no )Tj T* (responsibility for the accuracy of this information.)Tj /TT1 1 Tf ( )Tj 0 -1.804 TD ( )Tj /TT3 1 Tf (The Depository Trust Company)Tj /TT1 1 Tf ( )Tj 0 -1.8 TD ( DTC is a limited-purpose trust company organized under the laws of \ the State of New York, a member of the )Tj 0 -1.2 TD (Federal Reserve System, a \223clearing corporation\224 within the meanin\ g of the New York Uniform Commercial )Tj ET EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(103 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 754 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n BT /TT0 1 Tf 12.5 0 0 12.5 10 805.1705 Tm (Code and a \223clearing agency\224 registered pursuant to the provisions\ of Section 17A of the U.S. Securities )Tj 0 -1.2 TD (Exchange Act of 1934. )Tj 22.5 -2.72 Td (12 )Tj ET 0.5 0.5 0.5 rg 10 724 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(104 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 755 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 749.6628 Tm ( DTC was created to hold securities for its participants and to faci\ litate the clearance and settlement of )Tj 0 -1.2 TD (transactions between its participants through electronic book-entry chan\ ges in accounts of its participants, thereby )Tj T* (eliminating the need for physical movement of certificates. Persons who \ have accounts with DTC, or DTC )Tj 0 -1.2 TD (participants, include the global coordinator, the underwriters, the U.S.\ depositaries, the fiscal agent, securities )Tj 0 -1.2 TD (brokers and dealers, banks, trust companies and clearing corporations an\ d may in the future include certain other )Tj T* (organizations. Indirect access to the DTC system is also available to ot\ hers that clear through or maintain a )Tj T* (custodial relationship with a DTC participant, either directly or indire\ ctly. )Tj 0 -1.8 TD ( Transfers of ownership or other interests in global securities in D\ TC may be made only through DTC )Tj 0 -1.2 TD (participants. In addition, beneficial owners of global securities in DTC\ will receive all distributions of principal of )Tj T* (and interest on the global securities from the trustee through such DTC \ participant. )Tj 0 -1.804 TD ( )Tj /TT1 1 Tf (Euroclear and Clearstream, Luxembourg)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( Euroclear and Clearstream, Luxembourg hold securities for their par\ ticipants and facilitate the clearance and )Tj 0 -1.2 TD (settlement of securities transactions between their participants through\ electronic book-entry changes in their )Tj 0 -1.2 TD (accounts. Euroclear and Clearstream, Luxembourg provide various services\ to their participants, including the )Tj T* (safekeeping, administration, clearance, settlement, lending and borrowin\ g of internationally traded securities. )Tj T* (Euroclear and Clearstream, Luxembourg participants are financial institu\ tions such as underwriters, securities )Tj T* (brokers and dealers, banks, trust companies and other organizations. Ban\ ks, brokers, dealers and trust companies )Tj T* (have indirect access to Euroclear or Clearstream, Luxembourg by clearing\ through or maintaining a custodial )Tj T* (relationship with a Euroclear or Clearstream, Luxembourg participant. )Tj 0 -1.804 TD ( )Tj /TT1 1 Tf (Secondary Market Trading)Tj /TT0 1 Tf ( )Tj 0 -1.803 TD ( )Tj /TT2 1 Tf (Trading Between DTC Purchasers and Sellers)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( DTC participants will transfer interests in the securities among th\ emselves in the ordinary way according to )Tj 0 -1.2 TD (DTC rules governing global security issues. The laws of some states requ\ ire certain purchasers of securities to )Tj T* (take physical delivery of the securities in definitive form. These laws \ may impair your ability to transfer )Tj T* (beneficial interests in the global security or securities to such purcha\ sers. DTC can act only on behalf of its direct )Tj 0 -1.2 TD (participants, who in turn act on behalf of indirect participants and cer\ tain banks. Thus, your ability to pledge a )Tj T* (beneficial interest in the global security or securities to persons that\ do not participate in the DTC system, and to )Tj T* (take other actions, may be limited because you will not possess a physic\ al certificate that represents your interest. )Tj 0 -1.803 TD ( )Tj /TT2 1 Tf (Trading Between Euroclear and/or Clearstream, Luxembourg Participants)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( Participants in Euroclear and Clearstream, Luxembourg will transfer\ interests in the securities among )Tj 0 -1.2 TD (themselves in the ordinary way according to the rules and operating proc\ edures of Euroclear and Clearstream, )Tj T* (Luxembourg governing conventional Eurobonds. )Tj 0 -1.803 TD ( )Tj /TT2 1 Tf (Trading Between a DTC Seller and a Euroclear or Clearstream, Luxembourg \ Purchaser)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( When the securities are to be transferred from the account of a DTC\ participant to the account of a Euroclear )Tj 0 -1.2 TD (or Clearstream, Luxembourg participant, the purchaser must first send in\ structions to Euroclear or Clearstream, )Tj T* (Luxembourg through a participant at least one business day prior to the \ settlement date. Euroclear or Clearstream, )Tj T* (Luxembourg will then instruct its depositary to receive the securities a\ nd make payment for them. On the )Tj T* (settlement date, the depositary will make payment to the DTC participant\ \222s account and the securities will be )Tj T* (credited to the depositary\222s account. After settlement has been compl\ eted, DTC will credit the securities to )Tj T* (Euroclear or Clearstream, Luxembourg. Euroclear or Clearstream, Luxembou\ rg will credit the securities, in )Tj T* (accordance with its usual procedures, to the participant\222s account, a\ nd the participant will then credit the )Tj T* (purchaser\222s account. These securities credits will appear the next da\ y \(European time\) after the settlement date. )Tj T* (The cash debit from the account of Euroclear or Clearstream, Luxembourg \ will be back-valued to the value date )Tj ET EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(105 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 756 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n BT /TT0 1 Tf 12.5 0 0 12.5 10 805.1705 Tm (\(which will be the )Tj 22.5 -2.72 Td (13 )Tj ET 0.5 0.5 0.5 rg 10 739 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(106 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 757 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 749.6276 Tm (preceding day if settlement occurs in New York\). If settlement is not c\ ompleted on the intended value date \()Tj /TT1 1 Tf (i.e.)Tj /TT0 1 Tf (, )Tj 0 -1.2 TD (the trade fails\), the cash debit will instead be valued at the actual s\ ettlement date. )Tj 0 -1.8 TD ( Participants in Euroclear and Clearstream, Luxembourg will nee\ d to make funds available to Euroclear or )Tj 0 -1.2 TD (Clearstream, Luxembourg in order to pay for the securities by wire trans\ fer on the value date. The most direct )Tj 0 -1.203 TD (way of doing this is to preposition funds \()Tj /TT1 1 Tf (i.e.)Tj /TT0 1 Tf (, have funds in place at Euroclear or Clearstream, Luxembourg )Tj 0 -1.2 TD (before the value date\), either from cash on hand or existing lines of c\ redit. Under this approach, however, )Tj T* (participants may take on credit exposure to Euroclear and Clearstream, L\ uxembourg until the securities are )Tj 0 -1.2 TD (credited to their accounts one day later. )Tj 0 -1.8 TD ( As an alternative, if Euroclear or Clearstream, Luxembourg has\ extended a line of credit to a participant, )Tj 0 -1.2 TD (the participant may decide not to preposition funds, but to allow Eurocl\ ear or Clearstream, Luxembourg to draw )Tj T* (on the line of credit to finance settlement for the securities. Under th\ is procedure, Euroclear or Clearstream, )Tj T* (Luxembourg would charge the participant overdraft charges for one day, a\ ssuming that the overdraft would be )Tj T* (cleared when the securities were credited to the participant\222s accoun\ t. However, interest on the securities would )Tj T* (accrue from the value date. Therefore, in these cases the interest incom\ e on securities that the participant earns )Tj T* (during that one-day period will substantially reduce or offset the amoun\ t of the participant\222s overdraft charges. Of )Tj 0 -1.203 TD (course, this result will depend on the cost of funds to \()Tj /TT1 1 Tf (i.e.)Tj /TT0 1 Tf (, the interest rate that Euroclear or Clearstream, )Tj 0 -1.2 TD (Luxembourg charges\) each participant. )Tj 0 -1.8 TD ( Since the settlement will occur during New York business hours\ , a DTC participant selling an interest in )Tj 0 -1.2 TD (the security can use its usual procedures for transferring global securi\ ties to the depositaries of Euroclear or )Tj T* (Clearstream, Luxembourg for the benefit of Euroclear or Clearstream, Lux\ embourg participants. The DTC seller )Tj T* (will receive the sale proceeds on the settlement date. Thus, to the DTC \ seller, a cross-market sale will settle no )Tj T* (differently than a trade between two DTC participants. )Tj 0 -1.803 TD ( )Tj /TT1 1 Tf (Trading Between a Euroclear or Clearstream, Luxembourg Seller and a DTC \ Purchaser)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( Due to time zone differences in their favor, Euroclear and Cle\ arstream, Luxembourg participants can use )Tj 0 -1.2 TD (their usual procedures to transfer securities through their depositaries\ to a DTC participant. The seller must first )Tj T* (send instructions to Euroclear or Clearstream, Luxembourg through a part\ icipant at least one business day prior to )Tj 0 -1.2 TD (the settlement date. Euroclear or Clearstream, Luxembourg will then inst\ ruct its depositary to credit the securities )Tj T* (to the DTC participant\222s account and receive payment. The payment wil\ l be credited in the account of the )Tj T* (Euroclear or Clearstream, Luxembourg participant on the following day, b\ ut the receipt of the cash proceeds will )Tj T* (be back-valued to the value date \(which will be the preceding day if se\ ttlement occurs in New York\). If settlement )Tj 0 -1.203 TD (is not completed on the intended value date \()Tj /TT1 1 Tf (i.e.)Tj /TT0 1 Tf (, the trade fails\), the receipt of the cash proceeds will instead be )Tj 0 -1.2 TD (valued at the actual settlement date. )Tj 0 -1.8 TD ( If the Euroclear or Clearstream, Luxembourg participant sellin\ g the securities has a line of credit with )Tj 0 -1.2 TD (Euroclear or Clearstream, Luxembourg and elects to be in debit for the s\ ecurities until it receives the sale )Tj T* (proceeds in its account, then the back-valuation may substantially reduc\ e or offset any overdraft charges that the )Tj T* (participant incurs over that one-day period. )Tj /TT2 1 Tf 0 -2.403 TD (Certificated Securities)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( Unless otherwise specified in a prospectus supplement, Uruguay\ will issue securities in certificated form )Tj 0 -1.2 TD (only if: )Tj 0.92 -1.8 Td (the depositary notifies Uruguay that it is unwilling or unable to contin\ ue as depositary, is ineligible to act as )Tj T* (depositary or, in the case of DTC, ceases to be a clearing agency regist\ ered under the U.S. Securities Exchange )Tj T* (Act of 1934 and Uruguay or Banco Central acting on Uruguay\222s behalf d\ oes not appoint a successor depositary )Tj T* (or clearing agency within 90 days; )Tj ET EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(107 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 758 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n BT /TT0 1 Tf 12.5 0 0 12.5 21.5 801.9455 Tm (Uruguay decides it no longer wishes to have all or part of the debt secu\ rities represented by global securities; or )Tj 21.58 -2.72 Td (14 )Tj ET 0.5 0.5 0.5 rg 10 735.775 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(108 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 759 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 21.5 749.6628 Tm (the trustee has instituted or been directed to institute any judicial pr\ oceeding to enforce the rights of the holders )Tj 0 -1.2 TD (under the debt securities and has been advised by its legal counsel that\ it should obtain possession of the )Tj T* (securities for the proceeding. )Tj -0.92 -1.8 Td ( If a physical or certificated security becomes mutilated, defa\ ced, destroyed, lost or stolen, Uruguay may )Tj 0 -1.2 TD (issue, and the trustee shall authenticate and deliver, a substitute secu\ rity in replacement. In each case, the affected )Tj T* (holder will be required to furnish to Uruguay and to the trustee an inde\ mnity under which it will agree to pay )Tj T* (Uruguay, the trustee and any of their respective agents for any losses t\ hey may suffer relating to the security that )Tj 0 -1.2 TD (was mutilated, defaced, destroyed, lost or stolen. Uruguay and the trust\ ee may also require that the affected holder )Tj T* (present other documents or proof. The affected holder may be required to\ pay all taxes, expenses and reasonable )Tj T* (charges associated with the replacement of the mutilated, defaced, destr\ oyed, lost or stolen security. )Tj 0 -1.8 TD ( If Uruguay issues certificated securities, a holder of certifi\ cated securities may exchange them for securities )Tj 0 -1.2 TD (of a different authorized denomination by submitting the certificated se\ curities, together with a written request for )Tj T* (an exchange, at the office of the trustee as specified in the indenture \ in New York City, or at the office of any )Tj T* (paying agent. In addition, the holder of any certificated security may t\ ransfer it in whole or in part by surrendering )Tj T* (it at any of such offices together with an executed instrument of transf\ er. )Tj 0 -1.8 TD ( Uruguay will not charge the holders for the costs and expenses\ associated with the exchange, transfer or )Tj 0 -1.2 TD (registration of transfer of certificated securities. Uruguay may, howeve\ r, charge the holders for certain delivery )Tj T* (expenses as well as any applicable stamp duty, tax or other governmental\ or insurance charges. The trustee may )Tj T* (reject any request for an exchange or registration of transfer of any se\ curity made within 15 days of the date for )Tj T* (any payment of principal of or interest on the securities. )Tj /TT1 1 Tf 0 -2.403 TD (Trustee)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( The indenture establishes the obligations and duties of the tr\ ustee, the right to indemnification of the trustee )Tj 0 -1.2 TD (and the liability and responsibility, including limitations, for actions\ that the trustee takes. The trustee is entitled )Tj T* (to enter into business transactions with Uruguay or Banco Central acting\ on Uruguay\222s behalf or any of their )Tj T* (respective affiliates without accounting for any profit resulting from t\ hese transactions. )Tj /TT1 1 Tf 0 -2.403 TD (Paying Agents; Transfer Agents; Registrar)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( Uruguay may appoint paying agents, transfer agents and a regis\ trar with respect to each series of securities, )Tj 0 -1.2 TD (which will be listed at the back of the relevant prospectus supplement. \ Uruguay or Banco Central acting on )Tj T* (Uruguay\222s behalf may at any time appoint new paying agents, transfer \ agents and registrars with respect to a )Tj T* (series. Uruguay, however, will at all times maintain a principal paying \ agent in a Western European or United )Tj T* (States city and a registrar in New York City for each series until the s\ ecurities of that series are paid. Uruguay )Tj T* (will provide prompt notice of termination, appointment or change in the \ office of any paying agent, transfer agent )Tj T* (or registrar acting in connection with any series of securities. )Tj /TT1 1 Tf 0 -2.403 TD (Notices)Tj /TT0 1 Tf ( )Tj 0 -1.803 TD ( All notices to holders will be published in the )Tj /TT2 1 Tf (Financial Times )Tj /TT0 1 Tf (in London. If at any time publication in the )Tj /TT2 1 Tf 0 -1.203 TD (Financial Times )Tj /TT0 1 Tf (is not practicable, Uruguay will publish notices in another daily newspa\ per with general )Tj 0 -1.2 TD (circulation in London. Any notice so published shall be deemed to have b\ een given on the date of its publication. )Tj 0 -1.8 TD ( Notices will also be mailed to holders at their registered add\ resses. So long as a clearing system, or its )Tj 0 -1.2 TD (nominee or common custodian, is the registered holder of a global securi\ ty, each person owning a beneficial )Tj T* (interest in that global security must rely on the procedures of that cle\ aring system to receive notices provided to it. )Tj T* (Each person owning a beneficial interest in a global security who is not\ a participant in a clearing system must )Tj ET EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(109 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 760 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n BT /TT0 1 Tf 12.5 0 0 12.5 10 805.1705 Tm (rely on the procedures of the participant through which the person owns \ its interest in the global security to )Tj 0 -1.2 TD (receive notices provided to the clearing system. Uruguay will consider m\ ailed notice to have been given three )Tj T* (business days after it has been sent. )Tj 22.5 -2.72 Td (15 )Tj ET 0.5 0.5 0.5 rg 10 709 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(110 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 761 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 749.6212 Tm (Further Issues of Securities)Tj /TT1 1 Tf ( )Tj 0 -1.8 TD ( Uruguay may without the consent of the holders create and issue add\ itional securities with the same terms and )Tj 0 -1.2 TD (conditions as a series of securities \(or the same except for the amount\ of the first interest payment\) so long as the )Tj 0 -1.2 TD (additional securities are consolidated and form a single series with any\ outstanding series, except as otherwise set )Tj T* (forth in the Prospectus Supplement of a series. )Tj /TT0 1 Tf 0 -2.403 TD (Limitation on Time for Claims)Tj /TT1 1 Tf ( )Tj 0 -1.8 TD ( Claims against Uruguay for the payment of principal or interest on \ the securities \(including additional )Tj 0 -1.2 TD (amounts\) must be made within four years after the date on which such pa\ yment first became due, or a shorter )Tj T* (period if provided by law. )Tj /TT0 1 Tf 0 -2.403 TD (Jurisdiction, Consent to Service, Enforcement of Judgments and Immunitie\ s from Attachment)Tj /TT1 1 Tf ( )Tj 0 -1.8 TD ( The securities and the indenture are governed by, and will be inter\ preted according to, the law of the State of )Tj 0 -1.2 TD (New York. )Tj 0 -1.8 TD ( The securities and the indenture provide that Uruguay will appoint \ and maintain at all times as its process )Tj 0 -1.2 TD (agent CT Corporation System, with an office on the date of this Prospect\ us at 111 Eighth Avenue, 13th Floor, )Tj T* (New York, New York 10011, United States of America. Process may be serve\ d upon Uruguay\222s process agent in )Tj T* (any judicial action or proceeding commenced by the trustee or any holder\ arising out of or relating to the )Tj T* (securities and the indenture in a New York state or federal court sittin\ g in New York City. )Tj 0 -1.8 TD ( The process agent will receive on behalf of Uruguay and its propert\ y service of copies of the summons and )Tj 0 -1.2 TD (complaint and any other process that may be served in any such action or\ proceeding brought in such New York )Tj T* (state or federal court sitting in New York City. This service may be mad\ e by mailing or delivering a copy of this )Tj T* (process to Uruguay at the address specified above for the process agent.\ Uruguay authorizes and directs the )Tj T* (process agent to accept such service on its behalf. )Tj 0 -1.8 TD ( Uruguay also will consent \(as an alternative\) to the service of a\ ny and all process in any such action or )Tj 0 -1.2 TD (proceeding in such New York state or federal court sitting in New York C\ ity by the mailing of copies of such )Tj T* (process to itself at its address specified in the indenture. )Tj 0 -1.8 TD ( In addition, the trustee or, in actions permitted to be taken by th\ e holders, the holders of securities may serve )Tj 0 -1.2 TD (legal process in any other manner permitted by law and bring any action \ or proceeding against Uruguay or its )Tj T* (property in the competent courts of other proper jurisdictions pursuant \ to applicable law. )Tj 0 -1.8 TD ( Uruguay is a foreign sovereign state. Consequently, it may be diffi\ cult for the trustee or the holders of )Tj 0 -1.2 TD (securities to obtain judgments from courts in the United States or elsew\ here against Uruguay. Furthermore, it may )Tj T* (be difficult for the trustee or holders to enforce, in the United States\ or elsewhere, the judgments of United States )Tj T* (or foreign courts against Uruguay. )Tj 0 -1.8 TD ( In connection with any legal action relating to the securities, Uru\ guay will: )Tj T* ( )Tj /TT0 1 Tf 0.92 -0.003 Td (\225)Tj /TT1 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (submit to the jurisdiction of any New York state or federal court sittin\ g in New York City, and any )Tj 0 -1.2 TD (appellate court from any thereof, in any action or proceeding arising ou\ t of or relating to the securities; and)Tj 7.5 0 0 7.5 10 123.8697 Tm ( )Tj 12.5 0 0 12.5 10 110.5379 Tm ( )Tj /TT0 1 Tf 0.92 -0.003 Td (\225)Tj /TT1 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (agree that all claims in respect of such action or proceeding may be hea\ rd and determined in such New )Tj 0 -1.2 TD (York state or federal court and waive, to the fullest extent permitted b\ y law, the defense of an inconvenient )Tj T* (forum to the maintenance of such action or proceeding and any right of j\ urisdiction in such action or )Tj 0 -1.2 TD (proceeding on account of the place of residence or domicile of Uruguay.)Tj ET EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(111 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 762 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n BT /TT0 1 Tf 12.5 0 0 12.5 291.25 805.1705 Tm (16 )Tj ET 0.5 0.5 0.5 rg 10 773 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(112 de 127\)25/10/2007 01:40:13 p.m.)Tj ET EMC endstream endobj 763 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 749.6628 Tm ( To the extent that Uruguay has or may acquire or have attributed to\ it any immunity under any law \(including, )Tj 0 -1.2 TD (to the fullest extent permitted, under Uruguayan law\), Uruguay will wai\ ve that immunity in respect of any claims )Tj T* (or actions regarding its obligations under the securities, except that U\ ruguay will not waive immunity from )Tj 0 -1.2 TD (attachment prior to judgment and attachment in aid of execution under Ur\ uguayan law. Uruguay agrees that this )Tj 0 -1.2 TD (waiver shall be to the fullest extent permitted under the United States \ Foreign Sovereign Immunities Act of 1976 )Tj T* (and is intended to be irrevocable for purposes of that law. )Tj 0 -1.8 TD ( Uruguay reserves the right to plead sovereign immunity under the Fo\ reign Sovereign Immunities Act with )Tj 0 -1.2 TD (respect to actions brought against it under United States federal securi\ ties laws or any state securities laws, and )Tj 0 -1.2 TD (Uruguay\222s appointment of the process agent will not extend to such ac\ tions. Without a waiver of immunity by )Tj T* (Uruguay with respect to such actions, it would be impossible to obtain a\ United States judgment in an action )Tj T* (against Uruguay unless a court were to determine that Uruguay is not ent\ itled under the Foreign Sovereign )Tj T* (Immunities Act to sovereign immunity with respect to that action. Howeve\ r, even if a United States judgment )Tj T* (could be obtained in an action under the Foreign Sovereign Immunities Ac\ t, it may not be possible to enforce in )Tj T* (Uruguay a judgment based on that United States judgment. )Tj 0 -1.8 TD ( Uruguay will waive, to the fullest extent permitted by law, any req\ uirement or other provision of law, rule, )Tj 0 -1.2 TD (regulation or practice which requires or otherwise establishes as a cond\ ition to the institution, prosecution or )Tj T* (completion of any action or proceeding \(including appeals\) arising out\ of or relating to the securities, the posting )Tj T* (of any security or the furnishing, directly or indirectly, of any other \ security. )Tj 0 -1.8 TD ( A final judgment in any of the above actions or proceedings will be\ conclusive and may be enforced in other )Tj 0 -1.2 TD (jurisdictions. )Tj 0 -1.8 TD ( A judgment obtained against Uruguay in a foreign court can be enfor\ ced in the courts of Uruguay, if such )Tj 0 -1.2 TD (judgment is ratified by the Uruguayan Supreme Court. Based on existing l\ aw, the Uruguayan Supreme Court will )Tj T* (ratify such a judgment: )Tj 0 -1.8 TD ( \(a\) if there exists a treaty with the country where such judgment\ was issued \(no such treaty exists at the present )Tj 0 -1.2 TD (time between Uruguay and the United States\); or )Tj 0 -1.8 TD ( \(b\) if such judgment: )Tj 0 -1.8 TD ( )Tj /TT1 1 Tf 1.84 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (complies with all formalities required for the enforceability thereof un\ der the laws of the country where )Tj 0 -1.2 TD (it was issued;)Tj 7.5 0 0 7.5 10 281.4946 Tm ( )Tj 12.5 0 0 12.5 10 268.1628 Tm ( )Tj /TT1 1 Tf 1.84 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (has been translated into Spanish, together with related documents, and s\ atisfies the authentication )Tj 0 -1.2 TD (requirements of Uruguayan law;)Tj 7.5 0 0 7.5 10 242.4946 Tm ( )Tj 12.5 0 0 12.5 10 229.1628 Tm ( )Tj /TT1 1 Tf 1.84 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (was issued by a competent court after valid service of process upon the \ parties to the action;)Tj 7.5 0 0 7.5 10 218.4946 Tm ( )Tj 12.5 0 0 12.5 10 205.1628 Tm ( )Tj /TT1 1 Tf 1.84 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (was issued after an opportunity was given to the defendant to present it\ s defense;)Tj 7.5 0 0 7.5 10 194.4946 Tm ( )Tj 12.5 0 0 12.5 10 181.1628 Tm ( )Tj /TT1 1 Tf 1.84 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (is not subject to further appeal; and)Tj 7.5 0 0 7.5 10 170.4946 Tm ( )Tj 12.5 0 0 12.5 10 157.1628 Tm ( )Tj /TT1 1 Tf 1.84 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (is not against Uruguayan public policy.)Tj /TT1 1 Tf -3.68 -2.403 Td (Indemnification for Foreign Exchange Rate Fluctuations)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( Uruguay\222s obligation to any holder under the securities that has\ obtained a court judgment affecting those )Tj 0 -1.2 TD (securities will be discharged only to the extent that the holder may pur\ chase the currency in which the securities )Tj T* (are denominated, referred to as the \223agreement currency,\224 with the\ judgment currency. If the holder cannot )Tj T* (purchase the agreement currency in the amount originally to be paid, Uru\ guay agrees to pay the difference. The )Tj 0 -1.2 TD (holder, however, agrees to reimburse Uruguay for the excess if the amoun\ t of the agreement currency purchased )Tj ET EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(113 de 127\)25/10/2007 01:40:14 p.m.)Tj ET EMC endstream endobj 764 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n BT /TT0 1 Tf 12.5 0 0 12.5 10 805.1705 Tm (exceeds the )Tj 22.5 -2.72 Td (17 )Tj ET 0.5 0.5 0.5 rg 10 739 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(114 de 127\)25/10/2007 01:40:14 p.m.)Tj ET EMC endstream endobj 765 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 749.6628 Tm (amount originally to be paid to the holder. If Uruguay is in default of \ its obligations under the securities, however, )Tj 0 -1.2 TD (the holder will not be obligated to reimburse Uruguay for any excess. )Tj /TT1 1 Tf 20.305 -3.003 Td (TAXATION)Tj /TT0 1 Tf ( )Tj -20.305 -1.803 Td ( )Tj /TT2 1 Tf (The following discussion provides a general summary of certain Uruguayan\ and U.S. federal income tax )Tj 0 -1.203 TD (considerations that may be relevant to you if you purchase, own or sell \ the debt securities. This summary is based )Tj 0 -1.2 TD (on tax laws, regulations, rulings and decisions in effect on the date of\ this prospectus. All of these laws and )Tj T* (authorities are subject to change, and any change could be effective ret\ roactively. No assurances can be given )Tj T* (that any change in these laws or authorities will not affect the accurac\ y of the discussion set forth herein. )Tj T* (Additional information may be included in the prospectus supplement with\ respect to a series of the securities. )Tj T* (For further information, you should consult your tax advisor to determin\ e the tax consequences relevant to your )Tj T* (particular situation. In addition, you may be required to pay stamp taxe\ s and other charges under the laws of the )Tj T* (country where you purchase the debt securities.)Tj /TT0 1 Tf ( )Tj /TT1 1 Tf 0 -2.403 TD (Uruguayan Taxation)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( Under existing laws and regulations of Uruguay, if you are not a re\ sident of Uruguay for tax purposes, the )Tj 0 -1.2 TD (principal and interest payments that you receive on the debt securities \ will be exempt from taxation in Uruguay. )Tj 0 -1.8 TD ( Subject to certain exceptions, Uruguay will make all principal and \ interest payments on the debt securities )Tj 0 -1.2 TD (without withholding or deducting any Uruguayan taxes. If the law require\ s Uruguay to withhold or deduct taxes, )Tj T* (Uruguay will pay you any additional amounts necessary to ensure that you\ receive the same amount as you would )Tj T* (have received without the withholding or deduction. For more information\ , see \223Description of the Securities\227)Tj T* (Additional Amounts.\224 )Tj /TT1 1 Tf 0 -2.403 TD (United States Federal Taxation)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( In general, a United States person who holds the debt securities or\ owns a beneficial interest in the debt )Tj 0 -1.2 TD (securities will be subject to United States federal taxation in respect \ of holding, owning or disposing the debt )Tj T* (securities. You are a United States person for U.S. federal income tax p\ urposes if you are: )Tj 0 -1.8 TD ( )Tj /TT1 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (a citizen or resident of the United States or its territories, possessio\ ns or other areas subject to its )Tj 0 -1.2 TD (jurisdiction,)Tj 7.5 0 0 7.5 10 273.7994 Tm ( )Tj 12.5 0 0 12.5 10 260.4676 Tm ( )Tj /TT1 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (a corporation, partnership or other entity organized under the laws of t\ he United States or any political )Tj 0 -1.2 TD (subdivision,)Tj 7.5 0 0 7.5 10 234.7994 Tm ( )Tj 12.5 0 0 12.5 10 221.4676 Tm ( )Tj /TT1 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (an estate, the income of which is subject to United States federal incom\ e taxation regardless of its source or)Tj 7.5 0 0 7.5 10 210.7994 Tm ( )Tj 12.5 0 0 12.5 10 197.4676 Tm ( )Tj /TT1 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (a trust if \(i\) a United States court is able to exercise primary super\ vision over the trust\222s administration and )Tj T* (\(ii\) one or more United States persons have the authority to control a\ ll of the trust\222s substantial decisions.)Tj -2.76 -1.8 Td ( Under current United States federal income tax law, if you are not \ a United States person, the interest )Tj 0 -1.2 TD (payments that you receive on the debt securities generally will be exemp\ t from United States federal income )Tj T* (taxes, including withholding tax. However, to receive this exemption you\ may be required to satisfy certain )Tj T* (certification requirements \(described below\) of the United States Inte\ rnal Revenue Service to establish that you )Tj T* (are not a United States person. )Tj 0 -1.8 TD ( Even if you are not a United States person, you may still be subjec\ t to United States federal income taxes on )Tj 0 -1.2 TD (any interest payments you receive if: )Tj ET EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(115 de 127\)25/10/2007 01:40:14 p.m.)Tj ET EMC endstream endobj 766 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n BT /TT0 1 Tf 12.5 0 0 12.5 291.25 805.1705 Tm (18 )Tj ET 0.5 0.5 0.5 rg 10 773 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(116 de 127\)25/10/2007 01:40:14 p.m.)Tj ET EMC endstream endobj 767 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 749.6628 Tm ( )Tj /TT1 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (you are an insurance company carrying on a United States insurance busin\ ess, within the meaning of the )Tj 0 -1.2 TD (United States Internal Revenue Code of 1986, or)Tj 7.5 0 0 7.5 10 723.9946 Tm ( )Tj 12.5 0 0 12.5 10 710.6628 Tm ( )Tj /TT1 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (you have an office or other fixed place of business in the United States\ that receives the interest and you )Tj T* (\(i\) earn the interest in the course of operating a banking, financing \ or similar business in the United States )Tj T* (or \(ii\) are a corporation the principal business of which is trading i\ n stock or securities for its own account, )Tj 0 -1.2 TD (and certain other conditions exist.)Tj -2.76 -1.8 Td ( If you are not a United States person, any gain you realize on a sa\ le or exchange of the debt securities )Tj 0 -1.2 TD (generally will be exempt from United States federal income tax, includin\ g withholding tax, unless: )Tj 0 -1.8 TD ( )Tj /TT1 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (your gain is effectively connected with your conduct of a trade or busin\ ess in the United States, or)Tj 7.5 0 0 7.5 10 594.9946 Tm ( )Tj 12.5 0 0 12.5 10 581.6628 Tm ( )Tj /TT1 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (you are an individual holder and are present in the United States for 18\ 3 days or more in the taxable year )Tj 0 -1.2 TD (of the sale, and either \(i\) your gain is attributable to an office or \ other fixed place of business that you )Tj T* (maintain in the United States or \(ii\) you have a tax home in the Unite\ d States.)Tj -2.76 -1.8 Td ( The trustee must file information returns with the United States In\ ternal Revenue Service in connection with )Tj 0 -1.2 TD (payments made on the debt securities to certain United States persons. I\ f you are a United States person, you )Tj T* (generally will not be subject to United States backup withholding tax on\ such payments if you provide your )Tj T* (taxpayer identification number to the trustee. You may also be subject t\ o information reporting and backup )Tj 0 -1.2 TD (withholding tax requirements with respect to the proceeds from a sale of\ the debt securities. If you are not a )Tj T* (United States person, in order to avoid information reporting and backup\ withholding tax requirements you may )Tj T* (have to comply with certification procedures to establish that you are n\ ot a United States person. )Tj 0 -1.8 TD ( A debt security held by an individual holder who at the time of dea\ th is a non-resident alien will not be subject )Tj 0 -1.2 TD (to United States federal estate tax. )Tj /TT1 1 Tf 17 -3.003 Td (PLAN OF DISTRIBUTION)Tj /TT0 1 Tf ( )Tj /TT1 1 Tf -17 -2.403 Td (Terms of Sale)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( Uruguay will describe the terms of a particular offering of securit\ ies in the applicable prospectus supplement, )Tj 0 -1.2 TD (including the following: )Tj 0 -1.8 TD ( )Tj /TT1 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (the name or names of any underwriters, dealer/managers or agents;)Tj 7.5 0 0 7.5 10 263.4113 Tm ( )Tj 12.5 0 0 12.5 10 250.0795 Tm ( )Tj /TT1 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (the purchase price of the securities, if any;)Tj 7.5 0 0 7.5 10 239.4113 Tm ( )Tj 12.5 0 0 12.5 10 226.0795 Tm ( )Tj /TT1 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (the proceeds to Uruguay from the sale, if any;)Tj 7.5 0 0 7.5 10 215.4113 Tm ( )Tj 12.5 0 0 12.5 10 202.0795 Tm ( )Tj /TT1 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (any underwriting discounts and other items constituting underwriters\222\ compensation;)Tj 7.5 0 0 7.5 10 191.4113 Tm ( )Tj 12.5 0 0 12.5 10 178.0795 Tm ( )Tj /TT1 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (any agents\222 commissions;)Tj 7.5 0 0 7.5 10 167.4113 Tm ( )Tj 12.5 0 0 12.5 10 154.0795 Tm ( )Tj /TT1 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (any initial public offering price of the securities;)Tj 7.5 0 0 7.5 10 143.4113 Tm ( )Tj 12.5 0 0 12.5 10 130.0795 Tm ( )Tj /TT1 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (any concessions allowed or reallowed or paid to dealers; and)Tj 7.5 0 0 7.5 10 119.4113 Tm ( )Tj 12.5 0 0 12.5 10 106.0795 Tm ( )Tj /TT1 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (any securities exchanges on which such securities may be listed.)Tj -2.76 -1.8 Td ( Uruguay may agree to indemnify any agents and underwriters against \ certain liabilities, including liabilities )Tj 0 -1.2 TD (under the U.S. Securities Act of 1933. The agents and underwriters may a\ lso be entitled to contribution from )Tj ET EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(117 de 127\)25/10/2007 01:40:14 p.m.)Tj ET EMC endstream endobj 768 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj ET q 134 0 0 150 230.5 606.9923096 cm /Im0 Do Q 0 0 0 rg BT /TT0 1 Tf 12.5 0 0 12.5 364.5 606.9923 Tm ( )Tj /TT1 1 Tf -12.236 -2.903 Td (Rep\372blica Oriental del Uruguay)Tj /TT0 1 Tf ( )Tj -16.125 -1.2 Td ( )Tj 13.8 0 Td ( )Tj 18.4 0 Td ( )Tj /TT1 1 Tf 17.5 0 0 17.5 59.7888 536.3106 Tm (Citigroup)Tj 10.028 0 Td (Morgan Stanley )Tj 10.233 0 Td (UBS Investment Bank )Tj /TT0 1 Tf 12.5 0 0 12.5 295.9375 500.7007 Tm ( )Tj ET EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(127 de 127\)25/10/2007 01:40:14 p.m.)Tj ET EMC endstream endobj 769 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n BT /TT0 1 Tf 12.5 0 0 12.5 291.25 805.1705 Tm (19 )Tj ET 0.5 0.5 0.5 rg 10 773 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(118 de 127\)25/10/2007 01:40:14 p.m.)Tj ET EMC endstream endobj 770 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 749.6628 Tm (Uruguay for payments they make relating to these liabilities. Agents and\ underwriters may engage in transactions )Tj 0 -1.2 TD (with or perform services for Uruguay in the ordinary course of business.\ )Tj /TT1 1 Tf 0 -2.403 TD (Method of Sale)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( Uruguay may sell the securities in any of three ways: )Tj T* ( )Tj /TT1 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (through underwriters or dealers;)Tj 7.5 0 0 7.5 10 648.953 Tm ( )Tj 12.5 0 0 12.5 10 635.6212 Tm ( )Tj /TT1 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (directly to one or more purchasers; or)Tj 7.5 0 0 7.5 10 624.953 Tm ( )Tj 12.5 0 0 12.5 10 611.6212 Tm ( )Tj /TT1 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (through agents.)Tj -2.76 -1.8 Td ( If Uruguay uses underwriters or dealers in a sale, they will acquir\ e the securities for their own account and )Tj 0 -1.2 TD (may resell them in one or more transactions, including negotiated transa\ ctions, at a fixed public offering price or )Tj 0 -1.2 TD (at varying prices determined at the time of sale. Uruguay may offer the \ securities to the public either through )Tj T* (underwriting syndicates represented by managing underwriters or directly\ through underwriters. The obligations )Tj T* (of the underwriters to purchase a particular offering of securities may \ be subject to conditions. The underwriters )Tj T* (may change the initial public offering price or any concessions allowed \ or reallowed or paid to dealers. )Tj 0 -1.8 TD ( Uruguay may also sell the securities directly or through agents. An\ y agent will generally act on a reasonable )Tj 0 -1.2 TD (best efforts basis for the period of its appointment. The applicable pro\ spectus supplement will name any agent )Tj T* (involved in the offer or sale of securities and will disclose any commis\ sions Uruguay may pay those agents. )Tj 0 -1.8 TD ( In compliance with NASD guidelines, the maximum compensation to the\ underwriters or agents in connection )Tj 0 -1.2 TD (with the sale of securities pursuant to the applicable prospectus supple\ ment will not exceed 8% of the aggregate )Tj T* (total offering price to the public of the securities as set forth on the\ cover page of the applicable prospectus )Tj T* (supplement. )Tj 0 -1.8 TD ( Uruguay may authorize agents, underwriters or dealers to solicit of\ fers by certain institutions to purchase a )Tj 0 -1.2 TD (particular offering of securities at the public offering price using del\ ayed delivery contracts. These contracts )Tj T* (provide for payment and delivery on a specified date in the future. The \ applicable prospectus supplement will )Tj T* (describe the commission payable for solicitation and the terms and condi\ tions of these contracts. )Tj 0 -1.8 TD ( In addition, Uruguay may offer the securities to holders of other s\ ecurities issued or guaranteed by Uruguay as )Tj 0 -1.2 TD (consideration for Uruguay\222s purchase or exchange of the other securit\ ies, including as part of a reprofiling of )Tj T* (Uruguay\222s public debt. Uruguay may conduct such an offer either \(a\)\ through a publicly announced tender or )Tj T* (exchange offer for the other securities or \(b\) through privately negot\ iated transactions. This type of offer may be )Tj T* (in addition to sales of the same securities using the methods discussed \ above. )Tj /TT1 1 Tf 0 -2.403 TD (Non-U.S. Offerings)Tj /TT0 1 Tf ( )Tj 0 -1.8 TD ( Uruguay will generally not register under the Securities Act the se\ curities that it will offer and sell outside the )Tj 0 -1.2 TD (United States. Thus, subject to certain exceptions, Uruguay cannot offer\ , sell or deliver such securities within the )Tj T* (United States or to U.S. persons. When Uruguay offers or sells securitie\ s outside the United States, each )Tj T* (underwriter or dealer will acknowledge that the securities: )Tj 0 -1.8 TD ( )Tj /TT1 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (have not been and will not be registered under the Securities Act; and)Tj 7.5 0 0 7.5 10 113.4113 Tm ( )Tj 12.5 0 0 12.5 10 100.0795 Tm ( )Tj /TT1 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (may not be offered or sold within the United States except pursuant to a\ n exemption from, or in a )Tj 0 -1.2 TD (transaction not subject to, the registration requirements of the Securit\ ies Act.)Tj -2.76 -1.8 Td ( Each underwriter or dealer will agree that: )Tj ET EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(119 de 127\)25/10/2007 01:40:14 p.m.)Tj ET EMC endstream endobj 771 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n BT /TT0 1 Tf 12.5 0 0 12.5 291.25 805.1705 Tm (20 )Tj ET 0.5 0.5 0.5 rg 10 773 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(120 de 127\)25/10/2007 01:40:14 p.m.)Tj ET EMC endstream endobj 772 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 10 749.6628 Tm ( )Tj /TT1 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (it has not offered or sold, and will not offer or sell, any of these unr\ egistered securities within the United )Tj 0 -1.2 TD (States, except pursuant to Rule 903 of Regulation S under the Securities\ Act; and)Tj 7.5 0 0 7.5 10 723.9946 Tm ( )Tj 12.5 0 0 12.5 10 710.6628 Tm ( )Tj /TT1 1 Tf 0.92 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (neither it nor its affiliates nor any persons acting on its or their beh\ alf have engaged or will engage in any )Tj T* (directed selling efforts regarding these securities.)Tj /TT1 1 Tf 14.253 -3.003 Td (OFFICIAL STATEMENTS)Tj /TT0 1 Tf ( )Tj -17.013 -1.8 Td ( Information in this prospectus whose source is identified as a publ\ ication of, or supplied by, Uruguay or one of )Tj 0 -1.2 TD (Uruguay\222s agencies or instrumentalities relies on the authority of su\ ch publication as a public official document )Tj T* (of Uruguay. All other information in this prospectus, any prospectus sup\ plement and in the registration statement )Tj 0 -1.2 TD (for the securities that Uruguay has filed with the SEC \(of which this p\ rospectus is a part\) is included as an official )Tj T* (public statement made on the authority of Mr. Danilo Astori, the Ministe\ r of Economy and Finance of Uruguay. )Tj /TT1 1 Tf 15.346 -3.003 Td (VALIDITY OF THE SECURITIES)Tj /TT0 1 Tf ( )Tj -15.346 -1.8 Td ( The following persons, whose addresses will appear on the inside ba\ ck cover of the applicable prospectus )Tj 0 -1.2 TD (supplement or pricing supplement, will give opinions regarding the valid\ ity of the securities: )Tj /TT1 1 Tf 0 -1.803 TD (\225)Tj /TT0 1 Tf 0.46 0.003 Td ( )Tj /TT2 1 Tf 0.46 -0.003 Td (For Uruguay:)Tj /TT0 1 Tf -0.92 -1.797 Td ( )Tj /T1_2 1 Tf 1.84 -0.084 Td (\250)Tj /TT0 1 Tf 1.38 0.084 Td ( )Tj 0.46 0 Td (as to all matters of Uruguayan law, Counsel to the Ministry of Economy a\ nd Finance of Uruguay; and)Tj 7.5 0 0 7.5 10 444.9113 Tm ( )Tj 12.5 0 0 12.5 10 431.5795 Tm ( )Tj /T1_2 1 Tf 1.84 -0.084 Td (\250)Tj /TT0 1 Tf 1.38 0.084 Td ( )Tj 0.46 0 Td (as to all matters of U.S. law, Cleary Gottlieb Steen & Hamilton LLP, spe\ cial New York counsel to )Tj 0 -1.2 TD (Uruguay and Banco Central on Uruguay\222s behalf or any other counsel to\ Uruguay and Banco Central )Tj T* (named in the applicable prospectus supplement.)Tj /TT1 1 Tf -3.68 -1.803 Td (\225)Tj /TT0 1 Tf 0.46 0.003 Td ( )Tj /TT2 1 Tf 0.46 -0.003 Td (For the underwriters, if any)Tj /TT0 1 Tf (:)Tj -0.92 -1.8 Td ( )Tj /T1_2 1 Tf 1.38 -0.084 Td (\250)Tj /TT0 1 Tf 1.38 0.084 Td ( )Tj 0.46 0 Td (as to all matters of U.S. law, any U.S. counsel to the underwriters name\ d in the applicable prospectus )Tj 0 -1.2 TD (supplement; and)Tj 7.5 0 0 7.5 10 330.8762 Tm ( )Tj 12.5 0 0 12.5 10 317.5444 Tm ( )Tj /T1_2 1 Tf 1.38 -0.084 Td (\250)Tj /TT0 1 Tf 1.38 0.084 Td ( )Tj 0.46 0 Td (as to all matters of Uruguayan law, any Uruguayan counsel to the underwr\ iters named in the applicable )Tj 0 -1.2 TD (prospectus supplement.)Tj -3.22 -2.4 Td (As to all matters of Uruguayan law: )Tj 0 -1.8 TD ( )Tj /TT1 1 Tf 1.84 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (Cleary Gottlieb Steen & Hamilton LLP, or any other counsel to Uruguay an\ d Banco Central named in )Tj 0 -1.2 TD (the applicable prospectus supplement, may rely on the opinion of Counsel\ to the Ministry of Economy )Tj T* (and Finance of Uruguay; and)Tj 7.5 0 0 7.5 10 209.3762 Tm ( )Tj 12.5 0 0 12.5 10 196.0444 Tm ( )Tj /TT1 1 Tf 1.84 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (Any U.S. counsel to the underwriters may rely on the opinions of Counsel\ to the Ministry of Economy )Tj 0 -1.2 TD (and Finance of Uruguay and any Uruguayan counsel to the underwriters.)Tj -3.68 -2.4 Td (As to all matters of U.S. law: )Tj 0 -1.8 TD ( )Tj /TT1 1 Tf 1.84 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (Counsel to the Ministry of Economy and Finance of Uruguay may rely on th\ e opinion of Cleary Gottlieb )Tj 0 -1.2 TD (Steen & Hamilton LLP, or any other counsel to Uruguay or Banco Central n\ amed in the applicable )Tj T* (prospectus supplement; and)Tj 7.5 0 0 7.5 10 87.8762 Tm ( )Tj 12.5 0 0 12.5 10 74.5444 Tm ( )Tj /TT1 1 Tf 1.84 -0.003 Td (\225)Tj /TT0 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (Any Uruguayan counsel to the underwriters may rely on the opinion of any\ U.S. counsel to the )Tj 0 -1.2 TD (underwriters.)Tj ET EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(121 de 127\)25/10/2007 01:40:14 p.m.)Tj ET EMC endstream endobj 773 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n BT /TT0 1 Tf 12.5 0 0 12.5 291.25 805.1705 Tm (21 )Tj ET 0.5 0.5 0.5 rg 10 773 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(122 de 127\)25/10/2007 01:40:14 p.m.)Tj ET EMC endstream endobj 774 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 195.925 727.1212 Tm (AUTHORIZED REPRESENTATIVE)Tj /TT1 1 Tf ( )Tj -14.874 -1.8 Td ( The Authorized Representative of Uruguay in the United States is Ca\ rlos St\351neri, the Financial Representative )Tj 0 -1.2 TD (for Uruguay in the United States of America, whose address is 1025 Conne\ cticut Avenue N.W., Suite 902, )Tj 0 -1.2 TD (Washington, D.C. 20036. )Tj /TT0 1 Tf 11.765 -3.003 Td (WHERE YOU CAN FIND MORE INFORMATION)Tj /TT1 1 Tf ( )Tj -11.765 -1.8 Td ( This prospectus is part of a registration statement that Uruguay fi\ led with the U.S. Securities and Exchange )Tj 0 -1.2 TD (Commission. This prospectus does not contain all of the information prov\ ided in the registration statement. For )Tj T* (further information, you should refer to the registration statement. )Tj 0 -1.8 TD ( Uruguay is not subject to the informational requirements of the U.S\ . Securities Exchange Act of 1934. )Tj 0 -1.2 TD (Uruguay commenced filing annual reports on Form 18-K with the SEC on a v\ oluntary basis beginning with its )Tj T* (fiscal year ended December 31, 2004. These reports include certain finan\ cial, statistical and other information )Tj T* (concerning Uruguay. Uruguay may also file amendments on Form 18-K/A to i\ ts annual reports for the purpose of )Tj T* (filing with the SEC exhibits which have not been included in the registr\ ation statement to which this prospectus )Tj T* (and any prospectus supplements relate. When filed, these exhibits will b\ e incorporated by reference into this )Tj T* (registration statement. )Tj 0 -1.8 TD ( You can request copies of the registration statement, including its\ various exhibits, upon payment of a )Tj 0 -1.2 TD (duplicating fee, by writing to the SEC. You may also read and copy these\ documents at the SEC\222s public )Tj T* (reference room in Washington, D.C.: )Tj 19.389 -1.8 Td (100 F Street, N.E. )Tj 1.264 -1.2 Td (Room 1580 )Tj -2.639 -1.2 Td (Washington, D.C. 20549 )Tj -18.014 -1.8 Td ( Any filings that Uruguay makes electronically are available to the \ public over the Internet at the SEC\222s )Tj ET 0 0 0 RG 0.6 w 55.475 327.78 m 153.387 327.78 l S BT /TT1 1 Tf 12.5 0 0 12.5 10 329.5795 Tm (website \(http://www.sec.gov\). Please call the SEC at 1-800-SEC-0330 fo\ r further information. )Tj 0 -1.8 TD ( The SEC allows Uruguay to incorporate by reference some information\ that Uruguay files with the SEC. )Tj 0 -1.2 TD (Incorporated documents are considered part of this prospectus. Uruguay c\ an disclose important information to )Tj 0 -1.2 TD (you by referring you to those documents. The following documents, which \ Uruguay has filed or will file with the )Tj T* (SEC, are considered part of and incorporated by reference in this prospe\ ctus, any accompanying prospectus )Tj T* (supplement and any accompanying pricing supplement: )Tj 0 -1.8 TD ( )Tj /TT0 1 Tf 0.92 -0.003 Td (\225)Tj /TT1 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (Uruguay\222s annual report on Form 18-K for the year ended December 31, \ 2005 filed with the SEC on )Tj 0 -1.2 TD (May 24, 2006;)Tj 7.5 0 0 7.5 10 198.9113 Tm ( )Tj 12.5 0 0 12.5 10 185.5795 Tm ( )Tj /TT0 1 Tf 0.92 -0.003 Td (\225)Tj /TT1 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (Any amendment on Form 18-K/A to the 2005 annual report filed after the d\ ate of this prospectus and prior )Tj 0 -1.2 TD (to the termination of the offering of the debt securities and/or warrant\ s; and)Tj 7.5 0 0 7.5 10 159.9113 Tm ( )Tj 12.5 0 0 12.5 10 146.5795 Tm ( )Tj /TT0 1 Tf 0.92 -0.003 Td (\225)Tj /TT1 1 Tf 1.38 0.003 Td ( )Tj 0.46 0 Td (Each subsequent annual report on Form 18-K and any amendment on Form 18-\ K/A filed after the date of )Tj T* (this prospectus and prior to the termination of the offering of the debt\ securities and/or warrants.)Tj -2.76 -1.8 Td ( Later information that Uruguay files with the SEC will update and s\ upersede earlier information that it has )Tj 0 -1.2 TD (filed. )Tj 0 -1.8 TD ( Any person receiving a copy of this prospectus may obtain, without \ charge and upon request, a copy of any of )Tj 0 -1.2 TD (the above documents \(including only the exhibits that are specifically \ incorporated by reference in them\). )Tj T* (Requests for such documents should be directed to: )Tj ET EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(123 de 127\)25/10/2007 01:40:14 p.m.)Tj ET EMC endstream endobj 775 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n BT /TT0 1 Tf 12.5 0 0 12.5 291.25 787.5795 Tm (22 )Tj ET 0.5 0.5 0.5 rg 10 755.409 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(124 de 127\)25/10/2007 01:40:14 p.m.)Tj ET EMC endstream endobj 776 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 142.25 749.6628 Tm (Banco Central del Uruguay )Tj 0 -1.2 TD (C. Correo 1467 )Tj T* (11100, Montevideo )Tj 0 -1.2 TD (Rep\372blica Oriental del Uruguay )Tj 0 -1.2 TD (Fax No.: 598-2-902-1636 )Tj T* (Attention: General Manager )Tj 11.92 -2.72 Td (23 )Tj ET 0.5 0.5 0.5 rg 10 608.492 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(125 de 127\)25/10/2007 01:40:14 p.m.)Tj ET EMC endstream endobj 777 0 obj<>stream /Artifact <>BDC 0 0 0 rg 0 i BT /T1_0 1 Tf 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9 0 0 9 18 830.17 Tm (424B5)Tj ET EMC /Article <>BDC q 0 18 595 806 re W* n 0 0 1 RG 1.086 w 10 M 0 j 0 J []0 d 10 782.42 m 119.135 782.42 l S 0 0 1 rg BT /T1_1 1 Tf 12.9231 0 0 12.9231 10 785.6766 Tm (Table of Contents)Tj 0 0 0 rg /TT0 1 Tf 12.5 0 0 12.5 260.1625 746.1212 Tm (THE ISSUER)Tj /TT1 1 Tf ( )Tj -3.415 -1.8 Td (Rep\372blica Oriental del Uruguay )Tj 1.693 -1.2 Td (c/o Ministry of Finance )Tj -1.07 -1.2 Td (Colonia 1089 \227 Third Floor )Tj 1.736 -1.2 Td (112000 Montevideo )Tj 2.292 -1.2 Td (Uruguay )Tj /TT0 1 Tf -3.932 -3.003 Td (TRUSTEE, REGISTRAR, )Tj -0.124 -1.2 Td (TRANSFER AGENT AND )Tj 0.375 -1.2 Td (PRINCIPAL PAYMENT )Tj 3.652 -1.2 Td (AGENT)Tj /TT1 1 Tf ( )Tj -2.943 -1.197 Td (The Bank of New York )Tj -1.431 -1.2 Td (101 Barclay Street, Floor 21W )Tj 0.334 -1.2 Td (New York, New York 10286 )Tj 3.138 -1.2 Td (United States )Tj /TT0 1 Tf -1.778 -3.003 Td (LEGAL ADVISORS)Tj /TT1 1 Tf ( )Tj -18.541 -1.2 Td ( )Tj 15.75 0 Td ( )Tj 2.161 0 Td ( )Tj 12.964 0 Td ( )Tj 2.161 0 Td ( )Tj /TT2 1 Tf -30.675 -1.203 Td (To Uruguay as to U.S. law:)Tj /TT1 1 Tf ( )Tj 13.389 -1.197 Td ( )Tj 8.518 1.2 Td ( )Tj 6.607 -1.2 Td ( )Tj /TT2 1 Tf 2.601 1.197 Td (To Uruguay as to Uruguayan )Tj 5.152 -1.2 Td (law:)Tj /TT1 1 Tf -37.74 -1.197 Td (Cleary Gottlieb Steen & Hamilton )Tj 6.097 -1.2 Td (LLP )Tj 8.764 0 Td ( )Tj 8.518 1.2 Td ( )Tj 6.607 -1.2 Td ( )Tj 4.769 1.2 Td (Dr. Enrique Guerra)Tj -31.407 -2.4 Td (One Liberty Plaza )Tj 11.513 -1.2 Td ( )Tj 8.518 1.2 Td ( )Tj 6.607 -1.2 Td ( )Tj 3.24 1.2 Td (Counsel to the Ministry of )Tj 3.487 -1.2 Td (Economy)Tj -35.544 -1.2 Td (New York, New York 10006 )Tj 13.693 0 Td ( )Tj 8.518 0 Td ( )Tj 6.607 0 Td ( )Tj 2.463 0 Td (and Finance of the Republic of)Tj -28.144 -1.2 Td (United States )Tj 10.556 0 Td ( )Tj 8.518 0 Td ( )Tj 6.607 0 Td ( )Tj 6.893 0 Td (Uruguay)Tj -30.018 -1.2 Td ( )Tj 8 0 Td ( )Tj 8.518 0 Td ( )Tj 6.607 0 Td ( )Tj 5.934 0 Td (Colonia 1089)Tj -29.059 -1.2 Td ( )Tj 8 0 Td ( )Tj 8.518 0 Td ( )Tj 6.607 0 Td ( )Tj 3.102 0 Td (1110 Montevideo, Uruguay)Tj -26.227 -1.2 Td ( )Tj 8 0 Td ( )Tj 8.518 0 Td ( )Tj 6.607 0 Td ( )Tj 8.518 0 Td ( )Tj /TT2 1 Tf -35.49 -1.203 Td (To the underwriters)Tj /TT1 1 Tf ( )Tj 11.848 0 Td ( )Tj 8.518 0.003 Td ( )Tj 6.607 -0.003 Td ( )Tj /TT2 1 Tf 4.67 0 Td (To the underwriters)Tj -30.629 -1.203 Td (as to U.S. law:)Tj /TT1 1 Tf ( )Tj 10.834 0 Td ( )Tj 8.518 0.003 Td ( )Tj 6.607 -0.003 Td ( )Tj /TT2 1 Tf 4.268 0 Td (as to Uruguayan law:)Tj /TT1 1 Tf -32.504 -1.2 Td (Shearman & Sterling LLP )Tj 13.111 0 Td ( )Tj 8.518 0 Td ( )Tj 6.607 0 Td ( )Tj 5.143 0 Td (Guyer & Regules)Tj -32.754 -1.2 Td (599 Lexington Avenue )Tj 12.486 0 Td ( )Tj 8.518 0 Td ( )Tj 6.607 0 Td ( )Tj 3.644 0 Td (Plaza Independencia 811)Tj -32.462 -1.2 Td (New York, New York 10022 )Tj 13.693 0 Td ( )Tj 8.518 0 Td ( )Tj 6.607 0 Td ( )Tj 4.851 0 Td (11100 Montevideo)Tj -30.532 -1.2 Td (United States )Tj 10.556 0 Td ( )Tj 8.518 0 Td ( )Tj 6.607 0 Td ( )Tj 6.893 0 Td (Uruguay)Tj -14.893 -2.72 Td ( )Tj ET 0.5 0.5 0.5 rg 10 147.339 575 2 re f EMC /Artifact <>BDC Q BT /T1_0 1 Tf 9 0 0 9 18 7.17 Tm (http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e\ 424b5.htm \(126 de 127\)25/10/2007 01:40:14 p.m.)Tj ET EMC endstream endobj 778 0 obj(424B5) endobj 779 0 obj<> endobj 780 0 obj<> endobj 781 0 obj<> endobj 782 0 obj<> endobj 783 0 obj[780 0 R] endobj 784 0 obj(http://www.sec.gov/Archives/edgar/data/102385/000095012306012822/y25981e424b5.htm) endobj 785 0 obj(!/]<,.|d) endobj 786 0 obj<> endobj 787 0 obj<> endobj 788 0 obj(ѓ9@WZ) endobj 789 0 obj 1 endobj 790 0 obj 1 endobj 791 0 obj 1 endobj 792 0 obj<> endobj 793 0 obj<> endobj 794 0 obj<>stream 2007-10-25T13:40:14-02:00 2007-10-25T13:39:50-02:00 2007-10-25T13:40:14-02:00 application/pdf 424B5 uuid:d109f17d-a3f9-4762-a2b0-528b21989f29 uuid:af4a7dde-e5da-44a8-97cc-25b14018da5d Acrobat Web Capture 7.0 endstream endobj xref 0 795 0000000004 65535 f 0000000016 00000 n 0000000146 00000 n 0000000232 00000 n 0000000006 00000 f 0000000369 00000 n 0000000050 00001 f 0000000437 00000 n 0000000482 00000 n 0000000915 00000 n 0000006193 00000 n 0000006294 00000 n 0000006330 00000 n 0000006417 00000 n 0000006468 00000 n 0000006524 00000 n 0000006609 00000 n 0000006694 00000 n 0000006741 00000 n 0000007175 00000 n 0000017416 00000 n 0000017517 00000 n 0000017551 00000 n 0000017639 00000 n 0000017690 00000 n 0000017737 00000 n 0000018171 00000 n 0000028625 00000 n 0000028726 00000 n 0000028760 00000 n 0000028848 00000 n 0000028899 00000 n 0000029004 00000 n 0000029049 00000 n 0000029098 00000 n 0000032876 00000 n 0000033048 00000 n 0000033098 00000 n 0000033122 00000 n 0000033403 00000 n 0000033427 00000 n 0000033686 00000 n 0000033710 00000 n 0000033866 00000 n 0000034086 00000 n 0000034110 00000 n 0000034369 00000 n 0000034393 00000 n 0000034613 00000 n 0000034637 00000 n 0000000089 00001 f 0000035385 00000 n 0000035636 00000 n 0000035730 00000 n 0000035981 00000 n 0000036231 00000 n 0000036482 00000 n 0000036733 00000 n 0000036984 00000 n 0000037235 00000 n 0000037486 00000 n 0000037736 00000 n 0000037987 00000 n 0000038238 00000 n 0000038458 00000 n 0000038482 00000 n 0000038741 00000 n 0000038765 00000 n 0000038808 00000 n 0000038851 00000 n 0000039045 00000 n 0000039069 00000 n 0000039289 00000 n 0000039313 00000 n 0000039572 00000 n 0000039596 00000 n 0000039639 00000 n 0000039871 00000 n 0000039895 00000 n 0000040154 00000 n 0000040178 00000 n 0000040221 00000 n 0000040441 00000 n 0000040465 00000 n 0000040724 00000 n 0000040748 00000 n 0000040969 00000 n 0000041064 00000 n 0000041159 00000 n 0000000099 00001 f 0000041249 00000 n 0000041273 00000 n 0000041532 00000 n 0000041556 00000 n 0000041791 00000 n 0000041884 00000 n 0000043071 00000 n 0000043315 00000 n 0000044492 00000 n 0000000105 00001 f 0000044730 00000 n 0000044755 00000 n 0000045015 00000 n 0000045041 00000 n 0000045085 00000 n 0000000110 00001 f 0000045310 00000 n 0000045335 00000 n 0000045595 00000 n 0000045621 00000 n 0000000112 00001 f 0000045779 00000 n 0000000119 00001 f 0000046003 00000 n 0000046028 00000 n 0000046288 00000 n 0000046314 00000 n 0000046359 00000 n 0000046607 00000 n 0000000125 00001 f 0000046706 00000 n 0000046731 00000 n 0000046991 00000 n 0000047017 00000 n 0000047062 00000 n 0000000128 00001 f 0000047248 00000 n 0000047273 00000 n 0000000135 00001 f 0000047521 00000 n 0000047546 00000 n 0000047806 00000 n 0000047832 00000 n 0000048030 00000 n 0000049214 00000 n 0000000138 00001 f 0000049462 00000 n 0000049487 00000 n 0000000144 00001 f 0000049723 00000 n 0000049748 00000 n 0000050008 00000 n 0000050034 00000 n 0000050209 00000 n 0000000149 00001 f 0000050310 00000 n 0000050335 00000 n 0000050583 00000 n 0000051774 00000 n 0000000154 00001 f 0000052027 00000 n 0000052052 00000 n 0000052312 00000 n 0000052338 00000 n 0000000159 00001 f 0000052562 00000 n 0000052587 00000 n 0000052847 00000 n 0000052873 00000 n 0000000162 00001 f 0000053071 00000 n 0000053096 00000 n 0000000168 00001 f 0000053332 00000 n 0000053357 00000 n 0000053617 00000 n 0000053643 00000 n 0000053829 00000 n 0000000171 00001 f 0000053930 00000 n 0000053955 00000 n 0000000176 00001 f 0000054179 00000 n 0000054204 00000 n 0000054464 00000 n 0000054490 00000 n 0000000179 00001 f 0000054676 00000 n 0000054701 00000 n 0000000184 00001 f 0000054949 00000 n 0000054974 00000 n 0000055234 00000 n 0000055260 00000 n 0000000190 00001 f 0000055508 00000 n 0000055533 00000 n 0000055793 00000 n 0000055819 00000 n 0000056005 00000 n 0000000193 00001 f 0000056106 00000 n 0000056131 00000 n 0000000198 00001 f 0000056355 00000 n 0000056380 00000 n 0000056640 00000 n 0000056666 00000 n 0000000201 00001 f 0000056864 00000 n 0000056889 00000 n 0000000206 00001 f 0000057137 00000 n 0000057162 00000 n 0000057422 00000 n 0000057448 00000 n 0000000210 00001 f 0000057634 00000 n 0000057659 00000 n 0000057907 00000 n 0000000215 00001 f 0000058008 00000 n 0000058033 00000 n 0000058293 00000 n 0000058319 00000 n 0000000218 00001 f 0000058517 00000 n 0000058542 00000 n 0000000223 00001 f 0000058790 00000 n 0000058815 00000 n 0000059075 00000 n 0000059101 00000 n 0000000226 00001 f 0000059276 00000 n 0000059301 00000 n 0000000232 00001 f 0000059537 00000 n 0000059562 00000 n 0000059822 00000 n 0000059848 00000 n 0000060046 00000 n 0000000235 00001 f 0000060147 00000 n 0000060172 00000 n 0000000240 00001 f 0000060396 00000 n 0000060421 00000 n 0000060681 00000 n 0000060707 00000 n 0000000243 00001 f 0000060905 00000 n 0000060930 00000 n 0000000248 00001 f 0000061166 00000 n 0000061191 00000 n 0000061451 00000 n 0000061477 00000 n 0000000252 00001 f 0000061663 00000 n 0000061688 00000 n 0000061912 00000 n 0000000257 00001 f 0000062013 00000 n 0000062038 00000 n 0000062298 00000 n 0000062324 00000 n 0000000260 00001 f 0000062510 00000 n 0000062535 00000 n 0000000265 00001 f 0000062771 00000 n 0000062796 00000 n 0000063056 00000 n 0000063082 00000 n 0000000268 00001 f 0000063279 00000 n 0000063304 00000 n 0000000274 00001 f 0000063540 00000 n 0000063565 00000 n 0000063825 00000 n 0000063851 00000 n 0000064087 00000 n 0000000282 00001 f 0000064188 00000 n 0000064213 00000 n 0000064473 00000 n 0000064499 00000 n 0000064544 00000 n 0000064768 00000 n 0000064868 00000 n 0000000287 00001 f 0000064966 00000 n 0000064991 00000 n 0000065251 00000 n 0000065277 00000 n 0000000292 00001 f 0000065525 00000 n 0000065550 00000 n 0000065810 00000 n 0000065836 00000 n 0000000295 00001 f 0000066022 00000 n 0000066047 00000 n 0000000301 00001 f 0000066283 00000 n 0000066308 00000 n 0000066568 00000 n 0000066594 00000 n 0000066780 00000 n 0000000304 00001 f 0000066881 00000 n 0000066906 00000 n 0000000309 00001 f 0000067130 00000 n 0000067155 00000 n 0000067415 00000 n 0000067441 00000 n 0000000312 00001 f 0000067627 00000 n 0000067652 00000 n 0000000317 00001 f 0000067900 00000 n 0000067925 00000 n 0000068185 00000 n 0000068211 00000 n 0000000321 00001 f 0000068397 00000 n 0000068422 00000 n 0000068646 00000 n 0000000326 00001 f 0000068747 00000 n 0000068772 00000 n 0000069032 00000 n 0000069058 00000 n 0000000329 00001 f 0000069244 00000 n 0000069269 00000 n 0000000334 00001 f 0000069482 00000 n 0000069507 00000 n 0000069767 00000 n 0000069793 00000 n 0000000340 00001 f 0000070041 00000 n 0000070066 00000 n 0000070326 00000 n 0000070352 00000 n 0000070397 00000 n 0000000344 00001 f 0000070583 00000 n 0000070608 00000 n 0000070844 00000 n 0000000349 00001 f 0000070945 00000 n 0000070970 00000 n 0000071230 00000 n 0000071256 00000 n 0000000351 00001 f 0000071414 00000 n 0000000354 00001 f 0000071650 00000 n 0000071675 00000 n 0000000358 00001 f 0000072047 00000 n 0000072307 00000 n 0000072333 00000 n 0000000361 00001 f 0000072519 00000 n 0000072544 00000 n 0000000367 00001 f 0000072780 00000 n 0000072805 00000 n 0000073065 00000 n 0000073091 00000 n 0000073315 00000 n 0000000373 00001 f 0000073416 00000 n 0000073441 00000 n 0000073701 00000 n 0000073727 00000 n 0000073772 00000 n 0000000378 00001 f 0000073996 00000 n 0000074021 00000 n 0000074281 00000 n 0000074307 00000 n 0000000381 00001 f 0000074493 00000 n 0000074518 00000 n 0000000386 00001 f 0000074731 00000 n 0000074756 00000 n 0000075016 00000 n 0000075042 00000 n 0000000393 00001 f 0000075266 00000 n 0000075291 00000 n 0000075551 00000 n 0000075577 00000 n 0000075622 00000 n 0000075846 00000 n 0000000400 00001 f 0000075947 00000 n 0000075972 00000 n 0000076232 00000 n 0000076258 00000 n 0000076303 00000 n 0000076489 00000 n 0000000403 00001 f 0000076589 00000 n 0000076614 00000 n 0000000408 00001 f 0000076827 00000 n 0000076852 00000 n 0000077112 00000 n 0000077138 00000 n 0000000413 00001 f 0000077362 00000 n 0000077387 00000 n 0000077647 00000 n 0000077673 00000 n 0000000419 00001 f 0000077960 00000 n 0000077985 00000 n 0000078245 00000 n 0000078271 00000 n 0000078468 00000 n 0000000422 00001 f 0000078569 00000 n 0000078594 00000 n 0000000440 00001 f 0000078818 00000 n 0000078843 00000 n 0000078888 00000 n 0000079140 00000 n 0000079246 00000 n 0000079498 00000 n 0000079750 00000 n 0000080002 00000 n 0000080254 00000 n 0000080506 00000 n 0000080757 00000 n 0000081009 00000 n 0000081261 00000 n 0000081511 00000 n 0000081763 00000 n 0000081808 00000 n 0000081853 00000 n 0000000443 00001 f 0000082039 00000 n 0000082064 00000 n 0000000450 00001 f 0000082288 00000 n 0000082313 00000 n 0000082573 00000 n 0000082599 00000 n 0000082644 00000 n 0000082689 00000 n 0000000453 00001 f 0000082847 00000 n 0000083095 00000 n 0000000459 00001 f 0000083196 00000 n 0000083221 00000 n 0000083481 00000 n 0000083507 00000 n 0000083552 00000 n 0000000461 00001 f 0000083710 00000 n 0000000466 00001 f 0000083935 00000 n 0000083960 00000 n 0000084220 00000 n 0000084246 00000 n 0000000469 00001 f 0000084432 00000 n 0000084457 00000 n 0000000475 00001 f 0000084693 00000 n 0000084718 00000 n 0000084978 00000 n 0000085004 00000 n 0000085162 00000 n 0000000477 00001 f 0000085263 00000 n 0000000482 00001 f 0000085511 00000 n 0000085536 00000 n 0000085796 00000 n 0000085822 00000 n 0000000485 00001 f 0000085997 00000 n 0000086022 00000 n 0000000490 00001 f 0000086258 00000 n 0000086283 00000 n 0000086543 00000 n 0000086569 00000 n 0000000494 00001 f 0000086755 00000 n 0000086780 00000 n 0000087016 00000 n 0000000499 00001 f 0000087117 00000 n 0000087142 00000 n 0000087402 00000 n 0000087428 00000 n 0000000502 00001 f 0000087614 00000 n 0000087639 00000 n 0000000507 00001 f 0000087875 00000 n 0000087900 00000 n 0000088160 00000 n 0000088186 00000 n 0000000510 00001 f 0000088372 00000 n 0000088397 00000 n 0000000516 00001 f 0000088621 00000 n 0000088646 00000 n 0000088906 00000 n 0000088932 00000 n 0000089130 00000 n 0000000520 00001 f 0000089231 00000 n 0000089256 00000 n 0000089492 00000 n 0000000525 00001 f 0000089592 00000 n 0000089617 00000 n 0000089877 00000 n 0000089903 00000 n 0000000532 00001 f 0000090151 00000 n 0000090176 00000 n 0000090569 00000 n 0000091259 00000 n 0000091519 00000 n 0000091545 00000 n 0000000535 00001 f 0000091731 00000 n 0000091756 00000 n 0000000541 00001 f 0000091993 00000 n 0000092018 00000 n 0000092278 00000 n 0000092304 00000 n 0000092490 00000 n 0000000544 00001 f 0000092591 00000 n 0000092616 00000 n 0000000549 00001 f 0000092853 00000 n 0000092878 00000 n 0000093138 00000 n 0000093164 00000 n 0000000552 00001 f 0000093351 00000 n 0000093376 00000 n 0000000557 00001 f 0000093613 00000 n 0000093638 00000 n 0000093898 00000 n 0000093924 00000 n 0000000561 00001 f 0000094111 00000 n 0000094136 00000 n 0000094361 00000 n 0000000566 00001 f 0000094462 00000 n 0000094487 00000 n 0000094747 00000 n 0000094773 00000 n 0000000569 00001 f 0000094960 00000 n 0000094985 00000 n 0000000574 00001 f 0000095210 00000 n 0000095235 00000 n 0000095495 00000 n 0000095521 00000 n 0000000577 00001 f 0000095708 00000 n 0000095733 00000 n 0000000584 00001 f 0000095970 00000 n 0000095995 00000 n 0000096255 00000 n 0000096281 00000 n 0000096326 00000 n 0000096513 00000 n 0000000587 00001 f 0000096614 00000 n 0000096639 00000 n 0000000593 00001 f 0000096864 00000 n 0000096889 00000 n 0000097149 00000 n 0000097175 00000 n 0000097220 00000 n 0000000596 00001 f 0000097407 00000 n 0000097432 00000 n 0000000601 00001 f 0000097657 00000 n 0000097682 00000 n 0000097942 00000 n 0000097968 00000 n 0000000605 00001 f 0000098155 00000 n 0000098180 00000 n 0000098430 00000 n 0000000612 00001 f 0000098531 00000 n 0000098556 00000 n 0000098816 00000 n 0000098842 00000 n 0000098887 00000 n 0000098932 00000 n 0000000615 00001 f 0000099119 00000 n 0000099144 00000 n 0000000622 00001 f 0000099369 00000 n 0000099394 00000 n 0000099654 00000 n 0000099680 00000 n 0000099725 00000 n 0000099770 00000 n 0000000625 00001 f 0000099957 00000 n 0000099982 00000 n 0000000631 00001 f 0000100196 00000 n 0000100221 00000 n 0000100481 00000 n 0000100507 00000 n 0000100744 00000 n 0000000637 00001 f 0000100861 00000 n 0000100886 00000 n 0000101146 00000 n 0000101172 00000 n 0000101460 00000 n 0000000641 00001 f 0000101560 00000 n 0000101585 00000 n 0000101845 00000 n 0000000642 00001 f 0000000643 00001 f 0000000645 00001 f 0000101871 00000 n 0000000646 00001 f 0000000647 00001 f 0000000648 00001 f 0000000649 00001 f 0000000650 00001 f 0000000000 00001 f 0000101932 00000 n 0000102533 00000 n 0000106363 00000 n 0000106830 00000 n 0000111107 00000 n 0000115741 00000 n 0000121383 00000 n 0000122507 00000 n 0000125675 00000 n 0000129645 00000 n 0000131754 00000 n 0000135051 00000 n 0000139047 00000 n 0000144554 00000 n 0000145022 00000 n 0000147499 00000 n 0000183497 00000 n 0000184427 00000 n 0000238318 00000 n 0000239483 00000 n 0000306467 00000 n 0000307028 00000 n 0000342169 00000 n 0000406059 00000 n 0000419008 00000 n 0000443946 00000 n 0000445720 00000 n 0000474483 00000 n 0000502149 00000 n 0000519556 00000 n 0000537205 00000 n 0000538514 00000 n 0000585768 00000 n 0000586442 00000 n 0000623646 00000 n 0000625180 00000 n 0000662954 00000 n 0000663717 00000 n 0000698027 00000 n 0000698588 00000 n 0000742487 00000 n 0000758624 00000 n 0000837841 00000 n 0000865113 00000 n 0000888381 00000 n 0000888999 00000 n 0000915972 00000 n 0000917444 00000 n 0000953529 00000 n 0000975078 00000 n 0000983983 00000 n 0000986224 00000 n 0000990814 00000 n 0000996655 00000 n 0000997273 00000 n 0001003296 00000 n 0001003914 00000 n 0001009560 00000 n 0001010205 00000 n 0001015515 00000 n 0001016137 00000 n 0001021815 00000 n 0001022433 00000 n 0001023537 00000 n 0001029129 00000 n 0001029747 00000 n 0001034607 00000 n 0001035075 00000 n 0001040904 00000 n 0001041526 00000 n 0001045445 00000 n 0001051823 00000 n 0001057069 00000 n 0001058539 00000 n 0001059974 00000 n 0001064306 00000 n 0001068661 00000 n 0001069283 00000 n 0001071613 00000 n 0001073658 00000 n 0001078265 00000 n 0001079015 00000 n 0001085015 00000 n 0001085633 00000 n 0001090972 00000 n 0001091440 00000 n 0001096799 00000 n 0001097267 00000 n 0001102721 00000 n 0001103339 00000 n 0001108334 00000 n 0001108802 00000 n 0001114542 00000 n 0001115103 00000 n 0001120853 00000 n 0001121471 00000 n 0001127281 00000 n 0001128133 00000 n 0001134439 00000 n 0001135057 00000 n 0001140802 00000 n 0001141707 00000 n 0001146327 00000 n 0001151883 00000 n 0001152663 00000 n 0001158479 00000 n 0001159129 00000 n 0001164827 00000 n 0001165582 00000 n 0001171148 00000 n 0001172064 00000 n 0001177212 00000 n 0001177827 00000 n 0001183456 00000 n 0001184098 00000 n 0001189354 00000 n 0001189969 00000 n 0001195590 00000 n 0001196690 00000 n 0001197305 00000 n 0001202562 00000 n 0001203177 00000 n 0001208351 00000 n 0001208966 00000 n 0001213927 00000 n 0001214546 00000 n 0001215544 00000 n 0001219027 00000 n 0001219051 00000 n 0001219089 00000 n 0001219207 00000 n 0001219238 00000 n 0001219342 00000 n 0001219368 00000 n 0001219468 00000 n 0001219503 00000 n 0001220616 00000 n 0001220669 00000 n 0001220704 00000 n 0001220723 00000 n 0001220742 00000 n 0001220761 00000 n 0001220845 00000 n 0001220932 00000 n trailer <<7350BDD29ED9834DA6F8117714117DBD>]>> startxref 1224389 %%EOF