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</o:shapelayout></xml><![endif]--></head><body lang=EN-GB link=blue vlink=purple><div class=WordSection1><p class=MsoNormal>Dear All,<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><div><p class=MsoNormal><span style='font-size:10.5pt'>We hereby send you a redline and a clean version of the Principles document. For the unresolved part, staff has done a table. We recommend that we focus on the outstanding issues, that are identified in the comments. We welcome any inputs on either the comments or on the redline draft. The document will be finalized on the next call.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.5pt'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:10.5pt'>Best regards,<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.5pt'>Martin and Lise<o:p></o:p></span></p></div></div></body></html>