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BOE -PBEJOH *OGPSNBUJPO MBCFMu 1
PG UIJT NBOVBM
'PS EFUBJMFE JOGPSNBUJPO TFF
g8IFFMT BOE UJSFTu 1 PG UIJT
NBOVBM
5IF "OUJMPDL #SBLJOH 4ZTUFN "#4 DPO
USPMT UIF CSBLFT TP UIF XIFFMT EP OPU MPDL
EVSJOH IBSE CSBLJOH PS XIFO CSBLJOH PO
TMJQQFSZ TVSGBDFT 5IF TZTUFN EFUFDUT UIF
SPUBUJPO TQFFE BU FBDI XIFFM BOE WBSJFT
UIF CSBLF GMVJE QSFTTVSF UP QSFWFOU FBDI
XIFFM GSPN MPDLJOH BOE TMJEJOH #Z QSF
WFOUJOH FBDI XIFFM GSPN MPDLJOH UIF
TZTUFN IFMQT UIF ESJWFS NBJOUBJO TUFFSJOH
DPOUSPM BOE IFMQT UP NJOJNJ[F TXFSWJOH
BOE TQJOOJOH PO TMJQQFSZ TVSGBDFT
6TJOH UIF TZTUFN
%FQSFTT UIF CSBLF QFEBM BOE IPME JU EPXO
%FQSFTT UIF CSBLF QFEBM XJUI GJSN TUFBEZ
QSFTTVSF CVU EP OPU QVNQ UIF CSBLFT 5IF
"#4 XJMM PQFSBUF UP QSFWFOU UIF XIFFMT
GSPN MPDLJOH VQ 4UFFS UIF WFIJDMF UP BWPJE
PCTUBDMFT
8"3/*/(
%P OPU QVNQ UIF CSBLF QFEBM %PJOH TP NBZ
SFTVMU JO JODSFBTFE TUPQQJOH EJTUBODFT
4FMGUFTU GFBUVSF
5IF "#4 JODMVEFT FMFDUSPOJD TFOTPST FMFD
USJD QVNQT IZESBVMJD TPMFOPJET BOE B
DPNQVUFS 5IF DPNQVUFS IBT B CVJMUJO
EJBHOPTUJD GFBUVSF UIBU UFTUT UIF TZTUFN
FBDI UJNF ZPV TUBSU UIF FOHJOF BOE NPWF
UIF WFIJDMF BU B MPX TQFFE JO GPSXBSE PS
SFWFSTF 8IFO UIF TFMGUFTU PDDVST ZPV NBZ
IFBS B gDMVOLu OPJTF BOEPS GFFM B QVMTB
UJPO JO UIF CSBLF QFEBM 5IJT JT OPSNBM BOE
EPFT OPU JOEJDBUF B NBMGVODUJPO *G UIF
DPNQVUFS TFOTFT B NBMGVODUJPO JU TXJUDIFT
UIF "#4 PGG BOE JMMVNJOBUFT UIF "#4
XBSOJOH MJHIU PO UIF JOTUSVNFOU QBOFM
5IF CSBLF TZTUFN UIFO PQFSBUFT OPSNBMMZ
CVU XJUIPVU BOUJMPDL BTTJTUBODF
*G UIF "#4 XBSOJOH MJHIU JMMVNJOBUFT EVSJOH
UIF TFMGUFTU PS XIJMF ESJWJOH IBWF UIF
WFIJDMF DIFDLFE CZ BO */'*/*5* SFUBJMFS
/PSNBM PQFSBUJPO
5IF "#4 PQFSBUFT BU TQFFET BCPWF UP
.1) UP LNI 5IF TQFFE WBSJFT
BDDPSEJOH UP SPBE DPOEJUJPOT
8IFO UIF "#4 TFOTFT UIBU POF PS NPSF
XIFFMT BSF DMPTF UP MPDLJOH VQ UIF BDUVBUPS
SBQJEMZ BQQMJFT BOE SFMFBTFT IZESBVMJD
QSFTTVSF 5IJT BDUJPO JT TJNJMBS UP QVNQJOH
UIF CSBLFT WFSZ RVJDLMZ :PV NBZ GFFM B
QVMTBUJPO JO UIF CSBLF QFEBM BOE IFBS B
OPJTF GSPN VOEFS UIF IPPE PS GFFM B
WJCSBUJPO GSPN UIF BDUVBUPS XIFO JU JT
PQFSBUJOH 5IJT JT OPSNBM BOE JOEJDBUFT
UIBU UIF "#4 JT PQFSBUJOH QSPQFSMZ )PX
FWFS UIF QVMTBUJPO NBZ JOEJDBUF UIBU SPBE
DPOEJUJPOT BSF IB[BSEPVT BOE FYUSB DBSF JT
SFRVJSFE XIJMF ESJWJOH
4UBSUJOH BOE ESJWJOH
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