Borders Group is focused on growth. Over the past two years, we've opened 70 new Borders® locations throughout the United States. And we have plans to open approximately 40 more in 2003, including a new 31,000-square-foot superstore in the heart of New York's financial district to replace our former World Trade Center site. New small-market stores were a big hit with customers in 2002, and we will continue to explore opportunities for this format in the year ahead. Everywhere we build, we tailor our selection to the interests of the local community. In fact, only half of Borders' vast title base is common to all stores.