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_ SPEGUL REDEMPTION PRICES
If redeemed during the 12 month period ending May 3l,
1973 101.49% 1983 _ i 01.29% 1993.. _ 100.87%
1974 101.47% 1984. . _ . . 101.26% 1994 _ . . . . . 100.81 %
1975 101.46~Yo 1985 101.23% 1995 100.759'0
1976 101.44% 1986 101, ~ 9% 1996 100.68°l0
19?7. 101.43% 1987. 101.16% 1997 100.60%
1978 101.41 °!0 1988 101.12% 1998 _ 100.52%
1979 201.39% 1989. . 101.48% 1999_ 100.43%
1980 101.36% 1990 I Ol .03% 2000. _ 100.349'0
1981.. . 101.34% 1991. _ 100.98% 2001 100.23%
1982_ _ 101.32% 1992 100.93% 2002 100.00%
in each case, together with accrued interest to the date fixed for redemption.
( III ) At the option of the registered owner, any bonds of the Twenty-
sixth Series, upun surrender thereof, for cancellation, at the of~'ice or agency
of the Company in the Borough of Manhattan, The City of New York,
together with a written instrument of transfer wherever required by the
Company duly executed by the registered owner or by his duly authorized
attorney, shall (subject to the provisions of Section I2 of the Mortgage) be
exchangeable for a like aggregate principal amount of bonds of the same
series of other authorized denominations.
Bonds of the Twenty-siath Series shatl be transferable (subject to the
provisions of Section 12 of the Mortgage) at the ofl5ce or agency of the Com-
pany in the Borough of Manhattan, The City of New York.
Upon any exchange or transfer of bonds of the Twenty-sixth Series, the
Company may make a charge therefor sufficient to reimburse it for any tax or
taaes or other governmenta! charge, as provided in Seciion 12 of the Mort-
gage, but the Company hereby waives any right to make a charge in addition
ther~eto for any exchange or transfer of bonds of the Twenty-sixth Series.
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