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(and ) Tj ET Q q 0 0 0 rg BT 465.00 581.30 Td (our ) Tj ET Q q 0 0 0 rg BT 480.83 581.30 Td (next ) Tj ET Q q 0 0 0 rg BT 500.55 581.30 Td (steps.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 557.30 Td (At ) Tj ET Q q 0 0 0 rg BT 84.06 557.30 Td (the ) Tj ET Q q 0 0 0 rg BT 98.35 557.30 Td (Company) Tj ET Q q 0 0 0 rg BT 140.01 557.30 Td (s ) Tj ET Q q 0 0 0 rg BT 145.51 557.30 Td (Annual ) Tj ET Q q 0 0 0 rg BT 177.01 557.30 Td (Shareholder ) Tj ET Q q 0 0 0 rg BT 227.39 557.30 Td (meeting ) Tj ET Q q 0 0 0 rg BT 261.67 557.30 Td (on ) Tj ET Q q 0 0 0 rg BT 273.73 557.30 Td (November ) Tj ET Q q 0 0 0 rg BT 318.01 557.30 Td (7, ) Tj ET Q q 0 0 0 rg BT 327.57 557.30 Td (2016, ) Tj ET Q q 0 0 0 rg BT 352.13 557.30 Td (we ) Tj ET Q q 0 0 0 rg BT 365.86 557.30 Td (announced ) Tj ET Q q 0 0 0 rg BT 411.24 557.30 Td (that ) Tj ET Q q 0 0 0 rg BT 428.30 557.30 Td (the ) Tj ET Q q 0 0 0 rg BT 442.58 557.30 Td (Company ) Tj ET Q q 0 0 0 rg BT 483.53 557.30 Td (received ) Tj ET Q q 0 0 0 rg BT 519.46 557.30 Td (more ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 545.30 Td (than ) Tj ET Q q 0 0 0 rg BT 91.44 545.30 Td (the ) Tj ET Q q 0 0 0 rg BT 105.88 545.30 Td (required ) Tj ET Q q 0 0 0 rg BT 141.43 545.30 Td (number ) Tj ET Q q 0 0 0 rg BT 174.20 545.30 Td (of ) Tj ET Q q 0 0 0 rg BT 184.75 545.30 Td (votes ) Tj ET Q q 0 0 0 rg BT 208.09 545.30 Td (to ) Tj ET Q q 0 0 0 rg BT 218.09 545.30 Td (approve ) Tj ET Q q 0 0 0 rg BT 252.52 545.30 Td (the ) Tj ET Q q 0 0 0 rg BT 266.97 545.30 Td (proposed ) Tj ET Q q 0 0 0 rg BT 305.85 545.30 Td (plan ) Tj ET Q q 0 0 0 rg BT 325.29 545.30 Td (of ) Tj ET Q q 0 0 0 rg BT 335.85 545.30 Td (liquidation ) Tj ET Q q 0 0 0 rg BT 381.41 545.30 Td (and ) Tj ET Q q 0 0 0 rg BT 398.07 545.30 Td (dissolution, ) Tj ET Q q 0 0 0 rg BT 446.69 545.30 Td (which ) Tj ET Q q 0 0 0 rg BT 473.36 545.30 Td (included ) Tj ET Q q 0 0 0 rg BT 510.02 545.30 Td (the ) Tj ET Q q 0 0 0 rg BT 524.46 545.30 Td (sale ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 533.30 Td (of ) Tj ET Q q 0 0 0 rg BT 83.84 533.30 Td (seven ) Tj ET Q q 0 0 0 rg BT 109.86 533.30 Td (W) Tj ET Q q 0 0 0 rg BT 118.50 533.30 Td (est ) Tj ET Q q 0 0 0 rg BT 133.11 533.30 Td (Coast ) Tj ET Q q 0 0 0 rg BT 159.40 533.30 Td (assets ) Tj ET Q q 0 0 0 rg BT 186.24 533.30 Td (to ) Tj ET Q q 0 0 0 rg BT 197.52 533.30 Td (an ) Tj ET Q q 0 0 0 rg BT 210.47 533.30 Td (af) Tj ET Q q 0 0 0 rg BT 218.06 533.30 Td (filiate ) Tj ET Q q 0 0 0 rg BT 244.88 533.30 Td (of ) Tj ET Q q 0 0 0 rg BT 256.72 533.30 Td (Blackstone ) Tj ET Q q 0 0 0 rg BT 304.66 533.30 Td (for ) Tj ET Q q 0 0 0 rg BT 319.83 533.30 Td (approximately ) Tj ET Q q 0 0 0 rg BT 381.09 533.30 Td ($1.2 ) Tj ET Q q 0 0 0 rg BT 402.10 533.30 Td (billion. ) Tj ET Q q 0 0 0 rg BT 433.97 533.30 Td (The ) Tj ET Q q 0 0 0 rg BT 453.02 533.30 Td (Hines ) Tj ET Q q 0 0 0 rg BT 479.86 533.30 Td (REIT) Tj ET Q q 0 0 0 rg BT 501.90 533.30 Td ( ) Tj ET Q q 0 0 0 rg BT 505.40 533.30 Td (board ) Tj ET Q q 0 0 0 rg BT 531.68 533.30 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 521.30 Td (directors ) Tj ET Q q 0 0 0 rg BT 109.67 521.30 Td (met ) Tj ET Q q 0 0 0 rg BT 127.34 521.30 Td (immediately ) Tj ET Q q 0 0 0 rg BT 180.01 521.30 Td (afterward ) Tj ET Q q 0 0 0 rg BT 221.00 521.30 Td (to ) Tj ET Q q 0 0 0 rg BT 231.46 521.30 Td (formally ) Tj ET Q q 0 0 0 rg BT 268.58 521.30 Td (accept ) Tj ET Q q 0 0 0 rg BT 296.79 521.30 Td (the ) Tj ET Q q 0 0 0 rg BT 311.69 521.30 Td (shareholder ) Tj ET Q q 0 0 0 rg BT 361.02 521.30 Td (vote ) Tj ET Q q 0 0 0 rg BT 380.92 521.30 Td (and ) Tj ET Q q 0 0 0 rg BT 398.04 521.30 Td (to ) Tj ET Q q 0 0 0 rg BT 408.50 521.30 Td (authorize ) Tj ET Q q 0 0 0 rg BT 448.38 521.30 Td (completion ) Tj ET Q q 0 0 0 rg BT 496.05 521.30 Td (of ) Tj ET Q q 0 0 0 rg BT 507.07 521.30 Td (the ) Tj ET Q q 0 0 0 rg BT 521.96 521.30 Td (sale, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 509.30 Td (which ) Tj ET Q q 0 0 0 rg BT 98.94 509.30 Td (closed ) Tj ET Q q 0 0 0 rg BT 126.99 509.30 Td (on ) Tj ET Q q 0 0 0 rg BT 139.49 509.30 Td (November ) Tj ET Q q 0 0 0 rg BT 184.19 509.30 Td (10, ) Tj ET Q q 0 0 0 rg BT 199.19 509.30 Td (2016.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 485.30 Td (In ) Tj ET Q q 0 0 0 rg BT 83.27 485.30 Td (addition ) Tj ET Q q 0 0 0 rg BT 118.99 485.30 Td (to ) Tj ET Q q 0 0 0 rg BT 129.71 485.30 Td (the ) Tj ET Q q 0 0 0 rg BT 144.88 485.30 Td (Blackstone ) Tj ET Q q 0 0 0 rg BT 192.25 485.30 Td (transaction, ) Tj ET Q q 0 0 0 rg BT 241.57 485.30 Td (Hines ) Tj ET Q q 0 0 0 rg BT 267.84 485.30 Td (REIT) Tj ET Q q 0 0 0 rg BT 289.88 485.30 Td ( ) Tj ET Q q 0 0 0 rg BT 292.83 485.30 Td (has ) Tj ET Q q 0 0 0 rg BT 309.10 485.30 Td (now ) Tj ET Q q 0 0 0 rg BT 329.27 485.30 Td (successfully ) Tj ET Q q 0 0 0 rg BT 381.09 485.30 Td (completed ) Tj ET Q q 0 0 0 rg BT 425.68 485.30 Td (the ) Tj ET Q q 0 0 0 rg BT 440.84 485.30 Td (sale ) Tj ET Q q 0 0 0 rg BT 459.33 485.30 Td (of ) Tj ET Q q 0 0 0 rg BT 470.61 485.30 Td (most ) Tj ET Q q 0 0 0 rg BT 493.00 485.30 Td (of ) Tj ET Q q 0 0 0 rg BT 504.28 485.30 Td (its ) Tj ET Q q 0 0 0 rg BT 516.67 485.30 Td (assets ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 473.30 Td (and ) Tj ET Q q 0 0 0 rg BT 88.46 473.30 Td (expects ) Tj ET Q q 0 0 0 rg BT 120.47 473.30 Td (to ) Tj ET Q q 0 0 0 rg BT 130.28 473.30 Td (close ) Tj ET Q q 0 0 0 rg BT 152.85 473.30 Td (on ) Tj ET Q q 0 0 0 rg BT 164.88 473.30 Td (the ) Tj ET Q q 0 0 0 rg BT 179.12 473.30 Td (sale ) Tj ET Q q 0 0 0 rg BT 196.69 473.30 Td (of ) Tj ET Q q 0 0 0 rg BT 207.05 473.30 Td (its ) Tj ET Q q 0 0 0 rg BT 218.52 473.30 Td (few ) Tj ET Q q 0 0 0 rg BT 235.54 473.30 Td (remaining ) Tj ET Q q 0 0 0 rg BT 278.10 473.30 Td (assets ) Tj ET Q q 0 0 0 rg BT 303.46 473.30 Td (soon. ) Tj ET Q q 0 0 0 rg BT 326.43 473.30 Td (As ) Tj ET Q q 0 0 0 rg BT 339.57 473.30 Td (previously ) Tj ET Q q 0 0 0 rg BT 383.81 473.30 Td (disclosed ) Tj ET Q q 0 0 0 rg BT 423.05 473.30 Td (in ) Tj ET Q q 0 0 0 rg BT 432.85 473.30 Td (the ) Tj ET Q q 0 0 0 rg BT 447.10 473.30 Td (proxy ) Tj ET Q q 0 0 0 rg BT 472.45 473.30 Td (statement ) Tj ET Q q 0 0 0 rg BT 512.80 473.30 Td (mailed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 461.30 Td (to ) Tj ET Q q 0 0 0 rg BT 83.91 461.30 Td (you ) Tj ET Q q 0 0 0 rg BT 103.05 461.30 Td (relating ) Tj ET Q q 0 0 0 rg BT 137.72 461.30 Td (to ) Tj ET Q q 0 0 0 rg BT 149.64 461.30 Td (the ) Tj ET Q q 0 0 0 rg BT 165.99 461.30 Td (plan ) Tj ET Q q 0 0 0 rg BT 187.34 461.30 Td (of ) Tj ET Q q 0 0 0 rg BT 199.81 461.30 Td (liquidation ) Tj ET Q q 0 0 0 rg BT 247.27 461.30 Td (and ) Tj ET Q q 0 0 0 rg BT 265.84 461.30 Td (dissolution, ) Tj ET Q q 0 0 0 rg BT 316.38 461.30 Td (the ) Tj ET Q q 0 0 0 rg BT 332.73 461.30 Td (board ) Tj ET Q q 0 0 0 rg BT 359.63 461.30 Td (of ) Tj ET Q q 0 0 0 rg BT 372.09 461.30 Td (directors ) Tj ET Q q 0 0 0 rg BT 411.21 461.30 Td (estimated ) Tj ET Q q 0 0 0 rg BT 453.67 461.30 Td (aggregate ) Tj ET Q q 0 0 0 rg BT 496.67 461.30 Td (liquidating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 449.30 Td (distributions ) Tj ET Q q 0 0 0 rg BT 124.50 449.30 Td (to ) Tj ET Q q 0 0 0 rg BT 134.78 449.30 Td (be ) Tj ET Q q 0 0 0 rg BT 146.72 449.30 Td (in ) Tj ET Q q 0 0 0 rg BT 157.00 449.30 Td (the ) Tj ET Q q 0 0 0 rg BT 171.72 449.30 Td (range ) Tj ET Q q 0 0 0 rg BT 196.42 449.30 Td (of ) Tj ET Q q 0 0 0 rg BT 207.25 449.30 Td ($6.35 ) Tj ET Q q 0 0 0 rg BT 232.25 449.30 Td (- ) Tj ET Q q 0 0 0 rg BT 238.08 449.30 Td ($6.65 ) Tj ET Q q 0 0 0 rg BT 263.08 449.30 Td (per ) Tj ET Q q 0 0 0 rg BT 278.35 449.30 Td (share.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 425.30 Td (W) Tj ET Q q 0 0 0 rg BT 80.64 425.30 Td (e ) Tj ET Q q 0 0 0 rg BT 87.22 425.30 Td (previously ) Tj ET Q q 0 0 0 rg BT 131.59 425.30 Td (announced ) Tj ET Q q 0 0 0 rg BT 177.05 425.30 Td (that ) Tj ET Q q 0 0 0 rg BT 194.19 425.30 Td (we ) Tj ET Q q 0 0 0 rg BT 208.00 425.30 Td (will ) Tj ET Q q 0 0 0 rg BT 225.71 425.30 Td (pay ) Tj ET Q q 0 0 0 rg BT 242.29 425.30 Td (an ) Tj ET Q q 0 0 0 rg BT 253.88 425.30 Td (initial ) Tj ET Q q 0 0 0 rg BT 279.35 425.30 Td (liquidating ) Tj ET Q q 0 0 0 rg BT 324.83 425.30 Td (distribution ) Tj ET Q q 0 0 0 rg BT 373.09 425.30 Td (of ) Tj ET Q q 0 0 0 rg BT 383.57 425.30 Td ($6.20 ) Tj ET Q q 0 0 0 rg BT 408.22 425.30 Td (per ) Tj ET Q q 0 0 0 rg BT 423.13 425.30 Td (share ) Tj ET Q q 0 0 0 rg BT 446.38 425.30 Td (on ) Tj ET Q q 0 0 0 rg BT 458.53 425.30 Td (or ) Tj ET Q q 0 0 0 rg BT 469.00 425.30 Td (around ) Tj ET Q q 0 0 0 rg BT 498.92 425.30 Td (December ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 413.30 Td (23, ) Tj ET Q q 0 0 0 rg BT 87.66 413.30 Td (2016 ) Tj ET Q q 0 0 0 rg BT 110.82 413.30 Td (and ) Tj ET Q q 0 0 0 rg BT 128.41 413.30 Td (expect ) Tj ET Q q 0 0 0 rg BT 157.67 413.30 Td (to ) Tj ET Q q 0 0 0 rg BT 168.60 413.30 Td (make ) Tj ET Q q 0 0 0 rg BT 193.42 413.30 Td (one ) Tj ET Q q 0 0 0 rg BT 211.01 413.30 Td (or ) Tj ET Q q 0 0 0 rg BT 222.50 413.30 Td (more ) Tj ET Q q 0 0 0 rg BT 246.21 413.30 Td (additional ) Tj ET Q q 0 0 0 rg BT 289.35 413.30 Td (liquidating ) Tj ET Q q 0 0 0 rg BT 335.84 413.30 Td (distributions ) Tj ET Q q 0 0 0 rg BT 389.00 413.30 Td (during ) Tj ET Q q 0 0 0 rg BT 418.27 413.30 Td (the ) Tj ET Q q 0 0 0 rg BT 433.65 413.30 Td (first ) Tj ET Q q 0 0 0 rg BT 452.91 413.30 Td (quarter ) Tj ET Q q 0 0 0 rg BT 484.39 413.30 Td (of ) Tj ET Q q 0 0 0 rg BT 495.88 413.30 Td (2017. ) Tj ET Q q 0 0 0 rg BT 521.53 413.30 Td ( ) Tj ET Q q 0 0 0 rg BT 524.46 413.30 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 401.30 Td (initial ) Tj ET Q q 0 0 0 rg BT 98.50 401.30 Td (liquidating ) Tj ET Q q 0 0 0 rg BT 145.01 401.30 Td (distribution ) Tj ET Q q 0 0 0 rg BT 194.29 401.30 Td (of ) Tj ET Q q 0 0 0 rg BT 205.80 401.30 Td ($6.20 ) Tj ET Q q 0 0 0 rg BT 231.47 401.30 Td (per ) Tj ET Q q 0 0 0 rg BT 247.42 401.30 Td (share ) Tj ET Q q 0 0 0 rg BT 271.69 401.30 Td (represents ) Tj ET Q q 0 0 0 rg BT 315.40 401.30 Td (a ) Tj ET Q q 0 0 0 rg BT 323.01 401.30 Td (significant ) Tj ET Q q 0 0 0 rg BT 368.40 401.30 Td (portion ) Tj ET Q q 0 0 0 rg BT 400.46 401.30 Td (of ) Tj ET Q q 0 0 0 rg BT 411.96 401.30 Td (the ) Tj ET Q q 0 0 0 rg BT 427.35 401.30 Td (net ) Tj ET Q q 0 0 0 rg BT 442.74 401.30 Td (proceeds ) Tj ET Q q 0 0 0 rg BT 481.45 401.30 Td (from ) Tj ET Q q 0 0 0 rg BT 504.07 401.30 Td (our ) Tj ET Q q 0 0 0 rg BT 520.57 401.30 Td (asset ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 389.30 Td (sales. ) Tj ET Q q 0 0 0 rg BT 96.73 389.30 Td ( ) Tj ET Q q 0 0 0 rg BT 99.52 389.30 Td (In ) Tj ET Q q 0 0 0 rg BT 110.64 389.30 Td (addition, ) Tj ET Q q 0 0 0 rg BT 148.70 389.30 Td (we ) Tj ET Q q 0 0 0 rg BT 163.15 389.30 Td (expect ) Tj ET Q q 0 0 0 rg BT 192.04 389.30 Td (the ) Tj ET Q q 0 0 0 rg BT 207.05 389.30 Td (board ) Tj ET Q q 0 0 0 rg BT 232.61 389.30 Td (of ) Tj ET Q q 0 0 0 rg BT 243.73 389.30 Td (directors ) Tj ET Q q 0 0 0 rg BT 281.50 389.30 Td (will ) Tj ET Q q 0 0 0 rg BT 299.85 389.30 Td (determine ) Tj ET Q q 0 0 0 rg BT 342.62 389.30 Td (a ) Tj ET Q q 0 0 0 rg BT 349.85 389.30 Td (new ) Tj ET Q q 0 0 0 rg BT 369.30 389.30 Td (Net ) Tj ET Q q 0 0 0 rg BT 385.91 389.30 Td (Asset ) Tj ET Q q 0 0 0 rg BT 410.72 389.30 Td (V) Tj ET Q q 0 0 0 rg BT 416.84 389.30 Td (alue ) Tj ET Q q 0 0 0 rg BT 436.28 389.30 Td (\(NA) Tj ET Q q 0 0 0 rg BT 457.21 389.30 Td (V\) ) Tj ET Q q 0 0 0 rg BT 474.99 389.30 Td (of ) Tj ET Q q 0 0 0 rg BT 486.11 389.30 Td (the ) Tj ET Q q 0 0 0 rg BT 501.11 389.30 Td (Company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 377.30 Td (on ) Tj ET Q q 0 0 0 rg BT 85.13 377.30 Td (or ) Tj ET Q q 0 0 0 rg BT 96.59 377.30 Td (before ) Tj ET Q q 0 0 0 rg BT 125.26 377.30 Td (December ) Tj ET Q q 0 0 0 rg BT 169.48 377.30 Td (31, ) Tj ET Q q 0 0 0 rg BT 185.11 377.30 Td (2016 ) Tj ET Q q 0 0 0 rg BT 208.24 377.30 Td (and ) Tj ET Q q 0 0 0 rg BT 225.81 377.30 Td (that ) Tj ET Q q 0 0 0 rg BT 243.94 377.30 Td (the ) Tj ET Q q 0 0 0 rg BT 259.28 377.30 Td (new ) Tj ET Q q 0 0 0 rg BT 279.08 377.30 Td (NA) Tj ET Q q 0 0 0 rg BT 292.23 377.30 Td (V) Tj ET Q q 0 0 0 rg BT 298.16 377.30 Td (, ) Tj ET Q q 0 0 0 rg BT 303.79 377.30 Td (which ) Tj ET Q q 0 0 0 rg BT 331.36 377.30 Td (will ) Tj ET Q q 0 0 0 rg BT 350.05 377.30 Td (be ) Tj ET Q q 0 0 0 rg BT 362.62 377.30 Td (reduced ) Tj ET Q q 0 0 0 rg BT 397.40 377.30 Td (to ) Tj ET Q q 0 0 0 rg BT 408.31 377.30 Td (reflect ) Tj ET Q q 0 0 0 rg BT 436.97 377.30 Td (the ) Tj ET Q q 0 0 0 rg BT 452.32 377.30 Td (payment ) Tj ET Q q 0 0 0 rg BT 489.88 377.30 Td (of ) Tj ET Q q 0 0 0 rg BT 501.35 377.30 Td (the ) Tj ET Q q 0 0 0 rg BT 516.69 377.30 Td (initial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 365.30 Td (liquidating ) Tj ET Q q 0 0 0 rg BT 118.42 365.30 Td (distribution ) Tj ET Q q 0 0 0 rg BT 167.62 365.30 Td (of ) Tj ET Q q 0 0 0 rg BT 179.04 365.30 Td ($6.20 ) Tj ET Q q 0 0 0 rg BT 204.63 365.30 Td (per ) Tj ET Q q 0 0 0 rg BT 220.49 365.30 Td (share, ) Tj ET Q q 0 0 0 rg BT 247.18 365.30 Td (will ) Tj ET Q q 0 0 0 rg BT 265.83 365.30 Td (be ) Tj ET Q q 0 0 0 rg BT 278.35 365.30 Td (included ) Tj ET Q q 0 0 0 rg BT 315.88 365.30 Td (on ) Tj ET Q q 0 0 0 rg BT 328.97 365.30 Td (your ) Tj ET Q q 0 0 0 rg BT 350.39 365.30 Td (account ) Tj ET Q q 0 0 0 rg BT 384.57 365.30 Td (statement ) Tj ET Q q 0 0 0 rg BT 425.98 365.30 Td (at ) Tj ET Q q 0 0 0 rg BT 436.29 365.30 Td (year ) Tj ET Q q 0 0 0 rg BT 456.58 365.30 Td (end. ) Tj ET Q q 0 0 0 rg BT 476.61 365.30 Td ( ) Tj ET Q q 0 0 0 rg BT 479.70 365.30 Td (Combining ) Tj ET Q q 0 0 0 rg BT 527.80 365.30 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 353.30 Td ($6.20 ) Tj ET Q q 0 0 0 rg BT 97.48 353.30 Td (per ) Tj ET Q q 0 0 0 rg BT 113.23 353.30 Td (share ) Tj ET Q q 0 0 0 rg BT 137.31 353.30 Td (distribution ) Tj ET Q q 0 0 0 rg BT 186.41 353.30 Td (with ) Tj ET Q q 0 0 0 rg BT 207.17 353.30 Td (the ) Tj ET Q q 0 0 0 rg BT 222.37 353.30 Td ($1.01 ) Tj ET Q q 0 0 0 rg BT 247.85 353.30 Td (per ) Tj ET Q q 0 0 0 rg BT 263.60 353.30 Td (share ) Tj ET Q q 0 0 0 rg BT 287.68 353.30 Td (in ) Tj ET Q q 0 0 0 rg BT 298.45 353.30 Td (special ) Tj ET Q q 0 0 0 rg BT 329.19 353.30 Td (distributions ) Tj ET Q q 0 0 0 rg BT 382.18 353.30 Td (paid ) Tj ET Q q 0 0 0 rg BT 402.38 353.30 Td (to ) Tj ET Q q 0 0 0 rg BT 413.14 353.30 Td (shareholders ) Tj ET Q q 0 0 0 rg BT 466.66 353.30 Td (between ) Tj ET Q q 0 0 0 rg BT 502.96 353.30 Td (201) Tj ET Q q 0 0 0 rg BT 517.58 353.30 Td (1 ) Tj ET Q q 0 0 0 rg BT 525.57 353.30 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 341.30 Td (2013-which ) Tj ET Q q 0 0 0 rg BT 122.17 341.30 Td (were ) Tj ET Q q 0 0 0 rg BT 144.00 341.30 Td (funded ) Tj ET Q q 0 0 0 rg BT 174.16 341.30 Td (with ) Tj ET Q q 0 0 0 rg BT 194.34 341.30 Td (a ) Tj ET Q q 0 0 0 rg BT 201.18 341.30 Td (portion ) Tj ET Q q 0 0 0 rg BT 232.46 341.30 Td (of ) Tj ET Q q 0 0 0 rg BT 243.19 341.30 Td (the ) Tj ET Q q 0 0 0 rg BT 257.81 341.30 Td (proceeds ) Tj ET Q q 0 0 0 rg BT 295.74 341.30 Td (from ) Tj ET Q q 0 0 0 rg BT 317.58 341.30 Td (the ) Tj ET Q q 0 0 0 rg BT 332.20 341.30 Td (sale ) Tj ET Q q 0 0 0 rg BT 350.14 341.30 Td (of ) Tj ET Q q 0 0 0 rg BT 360.87 341.30 Td (certain ) Tj ET Q q 0 0 0 rg BT 390.47 341.30 Td (strategic ) Tj ET Q q 0 0 0 rg BT 426.74 341.30 Td (assets-we ) Tj ET Q q 0 0 0 rg BT 467.46 341.30 Td (will ) Tj ET Q q 0 0 0 rg BT 485.42 341.30 Td (have ) Tj ET Q q 0 0 0 rg BT 506.69 341.30 Td (returned ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 329.30 Td (to ) Tj ET Q q 0 0 0 rg BT 82.00 329.30 Td (shareholders ) Tj ET 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Forward-looking statements generally can ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 619.25 Td (be identified by the use of words or phrases such as anticipate, believe, estimate, expect, intend, plan, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 607.25 Td (will, or similar words or phrases intended to identify information that is not historical in nature. ) Tj ET Q q 0 0 0 rg BT 465.07 607.25 Td (These risks and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 595.25 Td (uncertainties include, without limitation, unanticipated dif) Tj ET Q q 0 0 0 rg BT 304.26 595.25 Td (ficulties or expenditures relating to the Plan, unanticipated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 583.25 Td (dif) Tj ET Q q 0 0 0 rg BT 82.93 583.25 Td (ficulties or expenditures relating to pending legal proceedings or legal proceedings that may be instituted against ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 571.25 Td (the Company and others related to the Plan; potential liability for uninsured losses and environmental ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 559.25 Td (contamination; risks associated with the Company) Tj ET Q q 0 0 0 rg BT 276.13 559.25 Td (s potential failure to qualify as a real estate investment trust under ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 547.25 Td (the Internal Revenue Code of 1986, as amended; possible adverse changes in tax and environmental laws; and risks ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 535.25 Td (associated with the Company) Tj ET Q q 0 0 0 rg BT 192.25 535.25 Td (s dependence on key personnel of Hines Interests Limited Partnership or its af) Tj ET Q q 0 0 0 rg BT 504.76 535.25 Td (filiates ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 523.25 Td (whose continued service is not guaranteed. For a further list and description of such risks and uncertainties, see the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 511.25 Td (reports filed by the Company with the Securities and Exchange Commission, including the Company) Tj ET Q q 0 0 0 rg BT 479.71 511.25 Td (s most recent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 499.25 Td (annual report on Form 10-K and quarterly reports on Form 10-Q. ) Tj ET Q q 0 0 0 rg BT 334.72 499.25 Td (Any forward-looking statement speaks only as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 487.25 Td (the date of this letter) Tj ET Q q 0 0 0 rg BT 153.64 487.25 Td (. ) Tj ET Q q 0 0 0 rg BT 158.46 487.25 Td (The Company disclaims any intention or obligation to update or revise any forward-looking ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 475.25 Td (statements, whether as a result of new information or developments, future events or otherwise.) 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