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Tj /F8 10.92 Tf -373.20 -25.20 TD (Dear Sir/Madam:) Tj /F7 11.92 Tf 36.00 -25.92 TD (Pursuant to Section 5 of the Webb-) Tj /F7 11.97 Tf 168.00 0.00 TD (Pomerene Act) Tj /F7 11.94 Tf 68.40 -.24 TD (, please find enclosed the Annual Report) Tj /F7 12.48 Tf -272.64 -13.44 TD (to the 鶹ý Trade Commission of the Phosphate ) Tj /F7 12.13 Tf 256.56 -.24 TD (Chemicals Export Association) Tj /F7 12.50 Tf 148.08 -.24 TD (, Inc. for the) Tj /F8 10.58 Tf -404.64 -13.44 TD (year ending December 31) Tj /F8 10.28 Tf 123.84 0.24 TD (, 2004.) Tj /F7 11.92 Tf -87.36 -26.16 TD (Should you have any questions in this regard) Tj /F7 11.90 Tf 214.56 0.00 TD (, please do not hesitate to contact me.) Tj /F7 11.75 Tf -17.28 -26.16 TD (Sincerely yours) Tj /F7 23.73 Tf 56.64 -31.92 TD (' 1') Tj /F7 11.85 Tf -57.60 -23.04 TD (Howard W. 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