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Salomon - MOODYS
Copyright © 1993 by Moody's Investors Service, 99 Church Street, New York, NY 10007.
EDITOR'S NOTE--All information contained herein is copyrighted in the name of Moody's Investors Service, Inc.
("Moody's"), and none of such information may be copied or otherwise reproduced, repackaged, further transmitted,
transferred, disseminated, redistributed or resold, or stored for subsequent use for any such purpose, in whole or in
part, in any form or manner or by any means whatsoever, by any person without Moody's prior written consent.
All information contained herein is obtained by Moody's from sources believed by it to be accurate and reliable. Because of the
possibility of human and mechanical error as well as other factors, however, such information is provided "as is" without warranty of
any kind and Moody's, in particular, makes no representation or warranty, express or implied, as to the accuracy, timeliness or com-
pleteness of any such information. Under no circumstance shall Moody's have any liability to any person or entity for (a) any loss or
damage in whole or in part caused by, resulting from, or relating to any error (negligent or otherwise) or other circumstance involved
in procuring, collecting, compiling, interpreting, analyzing, editing, transcribing, transmitting, communicating or delivering any such in-
formation, or (b) any direct, indirect, special, consequential or incidental damages whatsoever, even if Moody's is advised in advance
of the possibility of such damages, resulting from the use of, or inability to use, any such information.
The credit ratings and other opinions contained herein are, and must be construed solely as, statements of opin-
ion and not statements of fact or recommendations to purchase, sell or hold any securities. NO WARRANTY, EX-
PRESS OR IMPLIED, AS TO THE ACCURACY, TIMELINESS, COMPLETENESS, MERCHANTABILITY OR FITNESS
FOR ANY PARTICULAR PURPOSE OF ANY SUCH RATING OR OTHER OPINION OR INFORMATION IS GIVEN OR
MADE BY MOODY'S IN ANY FORM OR MANNER WHATSOEVER. Each rating or other opinion must be weighed sole-
ly as one factor in any investment decision made by or on behalf of any user of the information contained herein, and
each such user must accordingly make its own study and evaluation of each security and of each issuer and guarantor
of, and each provider of credit support for, each security that it may consider purchasing, holding or selling.
Pursuant to Section 17(b) of the Securities Act of 1933, Moody's hereby discloses that most issuers of debt securi-
ties (including corporate and municipal bonds, debentures, notes and commercial paper) and preferred stock rated by
Moody's have, prior to assignment of any rating, agreed to pay Moody's for the appraisal and rating services rendered
by it fees ranging from $1,000 to $250,000.
PRINTED IN U.S.A.
2
Derivative Products
Daniel A. Curry,
Associate Director
553-7250
Alan C. Backman
553-1037
Jeremy Gluck, Ph.D.
553-3698
William May, Esq.
553-3868
Gerard O'Connor
553-1494
Joyce Yang, Esq.
553-4376

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