The company must give notice to ASIC of a director's resignation within 28 days unless the director has given the notice to ASIC discussed above (s 205B). Investing in the ETNs involves significant risks.See "Risk Factors" beginning on page PS-17 and PS-21 of the applicable pricing supplement. Sabbatical leaves this year included Professor Alexander. Sergienko in the Fall of 2004, and Professor Robert Kotiuga in the Spring of 2005. Ilowever, up to now Lhere has been no Irish association specifically promot ing the pipe organ ana dealing \ th Ire land's pipe organ he1itage.