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The following is an excerpt from a 8-K SEC Filing, filed by ADOBE SYSTEMS INC on 6/15/2006.

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Item 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.

On June 12, 2006, Stephen A. Elop, currently President of Worldwide Field Operations of Adobe Systems Incorporated, announced his intention to resign effective December 5, 2006.