1995 LAWS OF MARYLAND

(1)      IF THE PERSON REQUIRED TO FILE A STATEMENT UNDER THIS
SECTION IS A PARTNERSHIP, LIMITED PARTNERSHIP, SYNDICATE, OR OTHER GROUP,
THE STATEMENT ALSO SHALL INCLUDE THE INFORMATION REQUIRED BY
SUBSECTION (C) OF THIS SECTION FOR:

(I)       EACH PARTNER OF THE PARTNERSHIP OR LIMITED
PARTNERSHIP;

(II)     EACH MEMBER OF THE SYNDICATE OR GROUP; AND

(III)    EACH PERSON CONTROLLING A PARTNER OR MEMBER.

(2)      IF A PERSON REQUIRED TO FILE THE STATEMENT UNDER THIS
SECTION IS A CORPORATION OR IF A PERSON REFERRED TO IN PARAGRAPH (1) OF
THIS SUBSECTION IS A CORPORATION, THE STATEMENT ALSO SHALL INCLUDE THE
INFORMATION REQUIRED BY SUBSECTION (C) OF THIS SECTION FOR:

(I)       THE CORPORATION;

(II)     EACH OFFICER AND DIRECTOR OF THE CORPORATION; AND

(III)    EACH PERSON THAT DIRECTLY OR INDIRECTLY IS THE
BENEFICIAL OWNER OF MORE THAN 10% OF THE OUTSTANDING VOTING
SECURITIES OF THE CORPORATION:

(E)     ALTERNATIVE FILING.

A PERSON THAT IS REQUIRED TO FILE A STATEMENT UNDER THIS SECTION
INSTEAD MAY FILE WITH THE COMMISSIONER, IN ADDITION TO ANY OTHER
MATERIALS THAT THE COMMISSIONER REQUESTS:

(1)      A REGISTRATION STATEMENT FILED UNDER THE SECURITIES ACT
OF 1933;

(2)      A DISCLOSURE CONTAINING SIMILAR INFORMATION FILED UNDER
THE SECURITIES EXCHANGE ACT OF 1934; OR

(3)      A REGISTRATION OR DISCLOSURE THAT CONTAINS SIMILAR
INFORMATION FILED UNDER ANOTHER STATE LAW.

(F)      CONFIDENTIALITY OF LENDER.

(1)      EXCEPT AS PROVIDED IN PARAGRAPH (2) OF THIS SUBSECTION, ON
REQUEST OF THE PERSON FILING THE STATEMENT, THE COMMISSIONER MAY NOT
MAKE PUBLIC THE NAME OF A LENDER LISTED UNDER SUBSECTION (C)(6) OF THIS
SECTION AS A SOURCE OF FUNDS, UNLESS THE TRANSACTION IS MADE IN THE.
LENDER'S ORDINARY COURSE OF BUSINESS.

(2)      THE COMMISSIONER MAY MAKE PUBLIC THE NAME OF A LENDER
UNDER PARAGRAPH (1) OF THIS SUBSECTION IF THE COMMISSIONER CONSIDERS
THE DISCLOSURE TO BE IN THE PUBLIC INTEREST.

(G)     STATEMENT PROVIDED TO PERSON TO BE ACQUIRED.

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Ch. 36