INTERNET AVAILABILITY OF PROXY MATERIALS
On January 22, the Commission issued a release adopting amendments to
the proxy rules under Section 14 of the Exchange Act that permit, but
do not require, companies and other persons conducting proxy
solicitations to satisfy the Rule 14a-3 requirement to furnish proxy
materials by posting those proxy materials on an Internet Web site and
providing shareholders with notice of the Internet availability of the
materials. (Rels. 34-55146; IC-27671; File No. S7-10-05) The
Commission also issued a release that proposes the universal Internet
availability of proxy materials. (Rels. 34-55147; IC-27672; File No.
S7-03-07).