MANAGEMENT’S REPORTS MANAGEMENT’S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING Our management is responsible for establishing and maintaining adequate internal control over financial reporting, as such  term is defined in Rule 13a-15 (f) under the Securities Exchange Act of 1934, as amended. The Company’s internal control over  financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the  preparation of financial statements for external purposes in accordance with generally accepted accounting principles. Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also,  projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate  because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. Under the supervision and with the participation of our management, including our Chief Executive Officer and Chief Financial  Officer, the Company conducted an assessment of the effectiveness of its internal control over financial reporting as of December 31, 2004. The assessment was based on criteria established in the framework  Internal Control – Integrated  Framework , issued by the Committee of Sponsoring Organizations of the Treadway Commission. Based on this assessment,  management concluded that our internal control over financial reporting was effective as of December 31, 2004. Management’s  assessment of the effectiveness of the Company’s internal control over financial reporting as of December 31, 2004 has been audited by PricewaterhouseCoopers LLP, an independent registered public accounting firm, as stated in their report  included herein. On May 25, 2004, our Chief Executive Officer certified that he was not aware of any violation by the Company of the New  York Stock Exchange’s Corporate Governance listing standards, other than has been notified to the Exchange pursuant to  Section 303A.12 (b), of which there was none. We have filed with the Securities and Exchange Commission, as exhibits to our Annual Report on Form 10-K for the year  ended December 31, 2004, our Chief Executive Officer’s and Chief Financial Officer’s certifications required by Section 302  of the Sarbanes-Oxley Act of 2002. NEW YORK STOCK EXCHANGE REQUIRED DISCLOSURES 9 3