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The fair value of each option grant is estimated on the date of grant using an option-pricing model with the following weighted-average assumptions used for grants in the periods ending December 31, 2003, 2002 and 2001. December 31, 

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A summary of the Plan’ status and changes during the years then ended, is presented below: 

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The following table summarizes information about options outstanding under the Plan at December 31, 2003: 

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Shares available for futur grant under the Plan at December 31, 2003 were 9,728,792, of which 2,500,000 are subject to shareholder approval. 

