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Director/PDMR Shareholding

28th Apr 2008 07:00

April 25, 2008Mr. Robert L. TillmanP.O. Box 476Wrightsville Beach, NC 28480Dear Mr. Tillman:

A Form 4 was filed on your behalf electronically with the Securities and Exchange Commission today. The form reported the following transactions:

On Table II (Back of Form) Phantom stock acquired with Directors' retainer 4,340.75 units Phantom stock acquired with reinvestment

579.97 units

If you have any questions regarding either of the attached forms, please contact me at (704) 386-3302.

Sincerely,Roger McClaryVice President

vendor

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