Disclai mer T he con ten ts of t hi s pre sen tatio n are ba sed up on con di tion s as the y ex ist on the da te t he reo f an d e x cep t w he re oth erw ise in di cate d spe ak as o f the da te the reo f By de li veri ng this p rese nta tion Be nd in g La ke do es n ot un de rtake to up da te an y of t he info rmatio n rep rese nta tion s or co ncl usi on s con tain ed he rei n T he in formatio n an d co mmen ts pro vid ed are strictly for in formatio na l p u rp o se s on ly a n d a re no t to b e con strue d in an y w a y a s in vita tio n s to pu rcha se se curi ties no r distrib ute d to oth ers for sai d pu rpo se If y ou ha ve rece ive d thi s pre sen tatio n in error kin dl y con tact us a t 41 6 720 22 66 an d d e stroy the ori g in a l a n d a n y e ma il re la tin g the re to P lea se n o te This p rese n ta tio n su p e rsed e s a ll p ri o r p rese n ta tio n s Dec em be r 1 20 11 2