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104 <br /> APPENDIX E <br /> BOOK-ENTRY ONLY SYSTEM <br /> Beneficial ownership interests in the 2020 Bonds will be available only in a book-entry system. <br /> The actual purchasers of the 2020 Bonds (the `Beneficial Owners") will not receive physical certificates <br /> representing their interests in such 2020 Bonds purchased. So long as The Depository Trust Company <br /> ("DTC"), New York, New York, or its nominee is the registered owner of the 2020 Bonds, references in <br /> this Official Statement to the Owners of the 2020 Bonds shall mean DTC or its nominee and shall not mean <br /> the Beneficial Owners of the 2020 Bonds. The Trust Agreement contains provisions applicable to periods <br /> when DTC or its nominee is not the registered owner. <br /> The following description of DTC, its procedures and record keeping with respect to beneficial <br /> ownership interests in the 2020 Bonds, payment of interest and other payments with respect to the 2020 <br /> Bonds to DTC Participants or to beneficial owners, confirmation and transfer of beneficial ownership <br /> interests in the 2020 Bonds and/or other transactions by and between DTC,DTC Participants and beneficial <br /> owners is based on information furnished by DTC. <br /> DTC will act as securities depository for the 2020 Bonds. The 2020 Bonds will be registered in <br /> the name of Cede & Co. (DTC's partnership nominee) or such other name as may be requested by an <br /> authorized representative of DTC. One fully-registered certificate in the aggregate principal amount of <br /> each maturity of the 2020 Bonds will be deposited with DTC or its designee. So long as Cede&Co. is the <br /> registered owner of the 2020 Bonds, as DTC's Partnership nominee, reference herein to the Owners or <br /> registered owners of the 2020 Bonds shall mean Cede & Co. and shall not mean the beneficial owners of <br /> the 2020 Bonds. <br /> DTC,the world's largest securities depository,is a limited-purpose trust company organized under <br /> the New York Banking Law,a"banking organization"within the meaning of the New York Banking Law, <br /> a member of the Federal Reserve System, a "clearing corporation" within the meaning of the New York <br /> Uniform Commercial Code and a"clearing agency"registered pursuant to the provisions of Section 17A <br /> of the Securities Exchange Act of 1934, as amended. DTC holds and provides asset servicing for over 3.5 <br /> million issues of U.S. and non-U.S. equity issues, corporate and municipal debt issues, and money market <br /> instruments from over 100 countries that DTC's participants ("Direct Participants") deposit with DTC. <br /> DTC also facilitates the post-trade settlement among Direct Participants of sales and other securities <br /> transactions in deposited securities through electronic computerized book-entry transfers and pledges <br /> between Direct Participants' accounts. This eliminates the need for physical movement of securities <br /> certificates. Direct Participants include both U.S. and non-U.S. securities brokers and dealers,banks,trust <br /> companies, clearing corporations and certain other organizations. DTC is a wholly-owned subsidiary of <br /> The Depository Trust&Clearing Corporation("DTCC"). DTCC, in turn, is owned by a number of Direct <br /> Participants of DTC and Members of the National Securities Clearing Corporation,Fixed Income Clearing <br /> Corporation and Emerging Markets Clearing Corporation as well as by the New York Stock Exchange, <br /> Inc.,the American Stock Exchange,and the National Association of Securities Dealers,Inc. Access to the <br /> DTC system is also available to others such as both U.S. and non-U.S. securities brokers and dealers,banks <br /> trust companies, and clearing corporations that clear through or maintain a custodial relationship with a <br /> Direct Participant, either directly or indirectly(the "Indirect Participants" and collectively with the Direct <br /> Participants, the "Participants"). DTC has a Standard&Poor's rating of AA+. The DTC rules applicable <br /> to its Participants are on file with the Securities and Exchange Commission. More information about DTC <br /> can be found at www.dtce.com. <br /> Purchases of 2020 Bonds under the DTC system must be made by or through Direct Participants, <br /> which will receive a credit for 2020 Bonds on DTC's records. The ownership interest of each actual <br /> E-1 <br />