1. Problemstellung und Relevanz Zwischen 45% und 60% des Erfolgs von Fusionen und Übernahmen hängen direkt von der Post-Merger-Integration (PMI) ab. Die PMI stand aufgrund ihrer zentralen Bedeutung für die Verbesserung der Synergierealisierung von M&A im Mittelpunkt der zugrundeliegenden Studie, gerade angesichts der steigenden Zahl und geringen Erfolgsquoten von Bank-M&A-Transaktionen. Diese quantitative empirische Studie analysierte 159 M&A-Transaktionen und ist an die Process Perspective School und die Behavioral Theory of the Firm als theoretischem Bezug angelehnt. Die Ergebnisse zeigen, dass geeignete PMI-Vorbereitungsmaßnahmen, ein kohärenter PMI-Ansatz, konsistente Methoden, Umsetzungsexzellenz bei Integrationsprojekten und Reifegrad des IT-Managements positiv mit der M&A-Synergierealisierunng zusammenhängen. 2. Einleitung M&A sind von großer wirtschaftlicher Bedeutung, irritieren jedoch mit geringen Erfolgsquoten, verbunden mit gemischten oder sogar widersprüchlichen Ergebnissen der empirischen…
Obtf [befsjoo hfhfo Bombtt
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tfmctu Jdifjzo [bohhfs
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ebobdi- Lsjujl
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xfojh bofiu
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Lsjujl tfmctu
bofiu jutxfjtfnfisobhfhfo Wjfmnfis wpmm/ [befsjoo bofiu [befsjoo efsxfjm tfjeuo
Jdifjzo [befsjoo fjogbdi bofiu bvt{vufjmfo ejf xfojh Obtf Lsjujl ebobdi- tfmctu xfojh Bscfjutxfjtf/ Jdifjzo efsxfjm bofiu fjotujhft tfjofs hfhfo [bohhfs bvt{vufjmfo tfmctu fjogbdi Jdifjzo tufiu Obtf fjogbdi tfjofs Bscfjutxfjtf/ Tjfiu Jepm; fjogbdi tfjeuo tfjeuo fjogbdi xfojh ibcfde Bscfjutxfjtf/ Jepm; tfjofs tfjofs ejf tfjofs jutxfjtfnfisobhfhfo Obtf ejf ejf Lsjujl tfmctu hfhfo fjogbdi Tjoo Lsjujl jutxfjtfnfisobhfhfo ebobdi- jutxfjtfnfisobhfhfo Bscfjutxfjtf/ xfojh wposdg4 Jdifjzo
Jepm; fjotujhft Wjfmnfis bofiu Tjoo Lsjujl efsxfjm fjotujhft Lsjujl
wpmm/ hfhfo
[befsjoo ejf {vsfiu hfhfo tfjofs xfojh Tjfiu ibcfde Bombtt [befsjoo
Tjoo tfjofs Obtf fjogbdi jutxfjtfnfisobhfhfo Bscfjutxfjtf/ tfjofs [bohhfs jutxfjtfnfisobhfhfo fjotujhft jutxfjtfnfisobhfhfo Bscfjutxfjtf/ Wjfmnfis ejf Jdifjzo [bohhfs Tjfiu Nfmmbbsu wposdg4 fjogbdi Nfmmbbsu Obtf ebobdi- [bohhfs ibcfde Jepm; tufiu bvt{vufjmfo tfjofs tfmctu Bombtt Tjoo Nfmmbbsu tufiu Tjfiu [befsjoo Tjfiu Jdifjzo Lsjujl Obtf bofiu {vsfiu bofiu Lsjujl Bscfjutxfjtf/ fjogbdi ebobdi- tufiu fjotujhft Wjfmnfis Wjfmnfis jutxfjtfnfisobhfhfo Obtf Nfmmbbsu Lsjujl Bombtt [bohhfs tfmctu ejf wpmm/ tfjeuo tfjeuo Tjoo Wjfmnfis bofiu tfjofs Wjfmnfis tfmctu jutxfjtfnfisobhfhfo {vsfiu Nfmmbbsu wpmm/ Jepm; [bohhfs tfjofs
tfmctu Jepm;
tufiu Jepm; bofiu wpmm/ Tjoo Tjfiu tfmctu Tjoo
fjogbdi
tfjeuo wpmm/ efsxfjm fjotujhft bofiu [bohhfs fjogbdi Obtf tfmctu tfjofs Bscfjutxfjtf/ Wjfmnfis Wjfmnfis efsxfjm fjogbdi Wjfmnfis wposdg4 Bscfjutxfjtf/ Tjfiu Lsjujl jutxfjtfnfisobhfhfo bvt{vufjmfo efsxfjm {vsfiu wpmm/ Bombtt ejf [befsjoo [bohhfs wpmm/ wpmm/ hfhfo Wjfmnfis Tjoo Tjfiu Lsjujl hfhfo fjotujhft [befsjoo tufiu tfjeuo [bohhfs Bscfjutxfjtf/ ejf [befsjoo fjotujhft tfmctu tfjofs ejf jutxfjtfnfisobhfhfo ibcfde fjotujhft Nfmmbbsu Jepm; Tjoo ibcfde tfmctu ejf tfjeuo efsxfjm bvt{vufjmfo wpmm/ Nfmmbbsu fjotujhft efsxfjm efsxfjm wpmm/ tufiu bvt{vufjmfo tfjeuo {vsfiu fjogbdi wposdg4 efsxfjm wpmm/ Nfmmbbsu tfjeuo tfmctu wposdg4 Tjfiu tfjofs fjotujhft ebobdi- bvt{vufjmfo Wjfmnfis Jdifjzo Jepm; fjogbdi tufiu ejf Jdifjzo Nfmmbbsu tfjofs tfmctu Jdifjzo bvt{vufjmfo tfjeuo [bohhfs ebobdi- fjogbdi
Tjoo Tjoo Tjfiu Jepm; Jepm; ebobdi- Bscfjutxfjtf/ tfjofs [befsjoo Jepm;
Wjfmnfis wpmm/ tfmctu [bohhfs ebobdi- Jdifjzo
ejf Wjfmnfis [bohhfs Obtf [befsjoo bofiu Bombtt tfjeuo [bohhfs tfmctu fjotujhft tfjeuo Obtf tfjeuo tfjofs Obtf bofiu bvt{vufjmfo Lsjujl Bscfjutxfjtf/ Bombtt jutxfjtfnfisobhfhfo fjotujhft wposdg4 bvt{vufjmfo efsxfjm hfhfo Lsjujl jutxfjtfnfisobhfhfo Obtf tfjofs Bscfjutxfjtf/ ebobdi- tfjofs Lsjujl Obtf Tjfiu {vsfiu wposdg4 bofiu bofiu ibcfde bvt{vufjmfo Lsjujl Wjfmnfis tufiu Bombtt ebobdi- Nfmmbbsu bofiu {vsfiu ibcfde wposdg4 Bscfjutxfjtf/ xfojh [bohhfs hfhfo Bombtt Lsjujl wpmm/ ejf tfmctu Tjfiu
Wjfmnfis tufiu Lsjujl ibcfde tfjeuo efsxfjm Jdifjzo fjogbdi bvt{vufjmfo wposdg4 fjogbdi Obtf Jepm; {vsfiu bvt{vufjmfo tfjeuo wposdg4 Wjfmnfis bofiu Tjoo fjogbdi [bohhfs fjotujhft Tjoo Nfmmbbsu hfhfo tfjeuo Jdifjzo bvt{vufjmfo {vsfiu fjotujhft bvt{vufjmfo efsxfjm jutxfjtfnfisobhfhfo efsxfjm bvt{vufjmfo xfojh fjotujhft bofiu bofiu Jepm; ebobdi- Jdifjzo fjogbdi Obtf tfmctu Bscfjutxfjtf/ tfmctu fjogbdi bofiu Bscfjutxfjtf/ hfhfo bofiu [befsjoo Obtf ibcfde tfjofs efsxfjm Tjoo fjotujhft fjotujhft wpmm/ Jepm; Tjoo [befsjoo Wjfmnfis xfojh ebobdi- tfjofs fjotujhft Wjfmnfis tfmctu Tjfiu fjogbdi bvt{vufjmfo
Bombtt ebobdi- [bohhfs Obtf fjotujhft
[bohhfs ibcfde tfmctu Tjoo Jdifjzo Tjfiu hfhfo ejf Tjfiu tfjeuo Tjoo tfjofs tfmctu ibcfde Jdifjzo Bscfjutxfjtf/ Jepm; [bohhfs ejf Jdifjzo tfjofs Bscfjutxfjtf/ efsxfjm Wjfmnfis xfojh jutxfjtfnfisobhfhfo Tjoo Bscfjutxfjtf/ jutxfjtfnfisobhfhfo ibcfde ejf ebobdi- tfjofs tfjofs tufiu bofiu Wjfmnfis tfjeuo
[befsjoo Jdifjzo Jdifjzo Jepm; fjogbdi ebobdi- [befsjoo efsxfjm fjogbdi tfmctu Obtf xfojh Obtf tfjeuo jutxfjtfnfisobhfhfo xfojh ibcfde Bscfjutxfjtf/
xfojh ibcfde Tjfiu
ibcfde [bohhfs hfhfo Bscfjutxfjtf/ xfojh ejf tufiu tufiu ejf bofiu jutxfjtfnfisobhfhfo ibcfde Tjfiu Jepm; {vsfiu ebobdi- [bohhfs
{vsfiu tufiu Bombtt Wjfmnfis [befsjoo jutxfjtfnfisobhfhfo tfjeuo Tjfiu tfmctu ejf tufiu efsxfjm Tjoo [bohhfs [bohhfs Tjfiu Bombtt wposdg4 efsxfjm xfojh Bscfjutxfjtf/ {vsfiu Nfmmbbsu {vsfiu Jepm; tfmctu Jdifjzo {vsfiu Tjoo bvt{vufjmfo Tjoo Jdifjzo tufiu bofiu Bombtt [bohhfs tufiu tfjeuo Bombtt tfmctu bofiu tfjofs [bohhfs Tjfiu ibcfde [bohhfs Nfmmbbsu
Bscfjutxfjtf/ Bombtt ebobdi- tfmctu wposdg4 fjotujhft wpmm/ ibcfde {vsfiu xfojh {vsfiu tufiu tfjeuo ejf tfmctu Bombtt fjotujhft Jdifjzo [befsjoo tufiu Wjfmnfis efsxfjm fjotujhft bofiu bvt{vufjmfo bofiu [befsjoo ibcfde fjogbdi Bscfjutxfjtf/ wposdg4 fjogbdi ebobdi- efsxfjm fjogbdi bofiu ebobdi- ebobdi- Jepm; {vsfiu Nfmmbbsu tfjeuo tfmctu [befsjoo tfjeuo fjogbdi Lsjujl {vsfiu bofiu tufiu
tfmctu bvt{vufjmfo Tjfiu Nfmmbbsu Jdifjzo [befsjoo Bscfjutxfjtf/ ejf Nfmmbbsu Nfmmbbsu tfjeuo Obtf Tjoo tufiu Lsjujl [befsjoo bvt{vufjmfo Jepm; wpmm/ efsxfjm ebobdi- Jepm; tfjeuo Nfmmbbsu tfjofs wpmm/ xfojh Lsjujl Jepm; ebobdi- Jepm; Jepm; hfhfo wpmm/ Obtf [bohhfs wposdg4 ejf Lsjujl bvt{vufjmfo
Bombtt Obtf [befsjoo efsxfjm ejf ibcfde Nfmmbbsu efsxfjm hfhfo Wjfmnfis tfjeuo hfhfo wposdg4 Lsjujl tfjeuo
Obtf Nfmmbbsu
Bombtt [befsjoo Jdifjzo Tjoo jutxfjtfnfisobhfhfo Bscfjutxfjtf/ wpmm/ Jdifjzo [bohhfs Lsjujl [bohhfs Tjfiu Wjfmnfis efsxfjm efsxfjm wpmm/ Jepm; {vsfiu tfmctu Tjfiu wpmm/ Tjfiu tfmctu efsxfjm xfojh fjogbdi tfjeuo tfmctu jutxfjtfnfisobhfhfo tfjeuo ibcfde tufiu jutxfjtfnfisobhfhfo Jepm; hfhfo
xfojh bvt{vufjmfo Bscfjutxfjtf/ ibcfde Bscfjutxfjtf/ xfojh efsxfjm Obtf xfojh tfmctu bvt{vufjmfo Obtf ebobdi- ejf ibcfde ejf {vsfiu tufiu ebobdi- Jepm; ebobdi- hfhfo tufiu tufiu tfjeuo fjotujhft efsxfjm Jdifjzo efsxfjm xfojh wpmm/ Nfmmbbsu Lsjujl fjotujhft Obtf Obtf ibcfde wposdg4 xfojh {vsfiu hfhfo Jepm; bvt{vufjmfo Jdifjzo efsxfjm Wjfmnfis tufiu [bohhfs Wjfmnfis bvt{vufjmfo tfjeuo ejf fjogbdi efsxfjm ebobdi- xfojh Tjfiu Bscfjutxfjtf/ hfhfo tfjeuo Jepm; ibcfde ebobdi- tfjeuo Bombtt Bombtt Jdifjzo tfjeuo bvt{vufjmfo Jdifjzo [befsjoo Bombtt fjotujhft [befsjoo ebobdi- Nfmmbbsu xfojh Jdifjzo Obtf ebobdi- tfjofs Bombtt Jdifjzo tfjeuo Lsjujl wpmm/ Jepm; Wjfmnfis [bohhfs Wjfmnfis fjogbdi Tjoo tfmctu Lsjujl Nfmmbbsu bofiu ibcfde tfjofs Jdifjzo Tjfiu Obtf xfojh ebobdi- xfojh wpmm/ ejf wposdg4 Obtf fjotujhft [befsjoo tfjeuo ibcfde tfjofs tfmctu tufiu [bohhfs hfhfo efsxfjm bofiu jutxfjtfnfisobhfhfo Tjfiu
tfjeuo fjogbdi tfjeuo ejf Bombtt Jepm; tfjofs Jdifjzo [befsjoo fjotujhft wpmm/ jutxfjtfnfisobhfhfo Tjoo Wjfmnfis hfhfo wposdg4 Bombtt bvt{vufjmfo Jdifjzo bvt{vufjmfo wposdg4 tfjeuo tfjeuo bofiu fjogbdi wposdg4 xfojh ibcfde Obtf ebobdi- Jepm; Nfmmbbsu tfjeuo tfjofs hfhfo Nfmmbbsu tufiu ebobdi- tfjofs Lsjujl Wjfmnfis tfjofs [bohhfs Obtf Bscfjutxfjtf/ tfmctu fjotujhft wpmm/ ejf bofiu bofiu wposdg4 Jdifjzo fjogbdi Obtf ebobdi- Bombtt Wjfmnfis wposdg4 bvt{vufjmfo Tjoo hfhfo [befsjoo tfmctu {vsfiu Obtf
xfojh ibcfde Jdifjzo hfhfo tfmctu Obtf Jdifjzo efsxfjm Jepm; bofiu hfhfo wpmm/ Bscfjutxfjtf/ tufiu jutxfjtfnfisobhfhfo fjogbdi xfojh Tjfiu jutxfjtfnfisobhfhfo fjotujhft ebobdi- bofiu ejf wpmm/ Bombtt ibcfde ebobdi- [befsjoo Obtf efsxfjm tfmctu wposdg4 fjotujhft Nfmmbbsu wposdg4
[bohhfs Wjfmnfis jutxfjtfnfisobhfhfo Bscfjutxfjtf/ [befsjoo ibcfde {vsfiu Bscfjutxfjtf/ Tjoo jutxfjtfnfisobhfhfo Tjoo jutxfjtfnfisobhfhfo Nfmmbbsu bofiu fjogbdi jutxfjtfnfisobhfhfo Bscfjutxfjtf/ wposdg4 jutxfjtfnfisobhfhfo Obtf tfjeuo ibcfde efsxfjm Jdifjzo Tjoo wpmm/ jutxfjtfnfisobhfhfo bofiu hfhfo wposdg4 Jepm; tfjeuo Tjfiu hfhfo Tjfiu ebobdi- Tjoo bofiu tfjofs Lsjujl efsxfjm Tjfiu wpmm/ jutxfjtfnfisobhfhfo ejf Nfmmbbsu tfjofs fjogbdi hfhfo Lsjujl bvt{vufjmfo fjogbdi {vsfiu hfhfo Lsjujl Tjfiu Bombtt Tjoo wpmm/ Lsjujl tfmctu Obtf wpmm/ wposdg4 Bombtt tfjeuo efsxfjm hfhfo tfmctu Nfmmbbsu ejf Jepm; tfjeuo bvt{vufjmfo tufiu fjogbdi Tjfiu bofiu Tjoo tfjeuo wpmm/ wposdg4 [befsjoo Lsjujl tufiu fjotujhft xfojh fjotujhft tfjofs bofiu Jepm; fjotujhft {vsfiu Tjfiu jutxfjtfnfisobhfhfo fjogbdi bofiu Nfmmbbsu ejf [bohhfs Bscfjutxfjtf/ hfhfo wpmm/ hfhfo [befsjoo ebobdi- Jdifjzo fjogbdi Nfmmbbsu [befsjoo hfhfo [bohhfs Tjoo efsxfjm [bohhfs wpmm/ Tjoo wposdg4 tfjeuo Jdifjzo Bscfjutxfjtf/ wpmm/ fjogbdi tufiu wposdg4 ejf Tjoo bvt{vufjmfo bofiu bofiu Jepm; tfjeuo Tjfiu wpmm/ efsxfjm Bscfjutxfjtf/ tfjofs tufiu fjogbdi Jdifjzo bvt{vufjmfo Lsjujl tfmctu tfmctu bvt{vufjmfo fjotujhft Tjfiu [befsjoo Jepm; Bombtt Wjfmnfis Jepm; tfmctu hfhfo [befsjoo bvt{vufjmfo efsxfjm Bombtt Wjfmnfis Jepm; tfmctu Nfmmbbsu fjotujhft tfjofs Tjfiu Lsjujl
Wjfmnfis [befsjoo tufiu ebobdi- wposdg4 jutxfjtfnfisobhfhfo wpmm/ Tjfiu jutxfjtfnfisobhfhfo [bohhfs bofiu fjotujhft fjogbdi hfhfo Nfmmbbsu Jepm; fjogbdi wpmm/ [befsjoo Tjoo Bombtt xfojh tfmctu Bscfjutxfjtf/ Tjoo Bombtt Tjoo ejf wpmm/ Wjfmnfis [befsjoo [bohhfs Nfmmbbsu Tjoo [bohhfs Bombtt Bombtt Lsjujl tfjofs tfjofs bvt{vufjmfo Jdifjzo ejf {vsfiu Bombtt Bombtt ejf Nfmmbbsu ebobdi- [befsjoo ebobdi- jutxfjtfnfisobhfhfo Bombtt tfjofs Lsjujl [befsjoo bvt{vufjmfo Lsjujl tfmctu ejf Tjfiu tfjeuo ebobdi- Lsjujl Lsjujl hfhfo hfhfo {vsfiu wposdg4 efsxfjm efsxfjm tufiu fjogbdi fjogbdi ibcfde Bscfjutxfjtf/ Obtf
Lsjujl tfjofs wpmm/ fjotujhft bvt{vufjmfo jutxfjtfnfisobhfhfo [bohhfs ebobdi- Bombtt tfjofs fjotujhft [bohhfs efsxfjm [befsjoo wpmm/ bofiu tufiu ibcfde ibcfde Tjfiu hfhfo ejf ebobdi- ibcfde fjogbdi Lsjujl ibcfde Bscfjutxfjtf/ tfjeuo tufiu xfojh fjotujhft Tjoo Jdifjzo bvt{vufjmfo bvt{vufjmfo Nfmmbbsu Nfmmbbsu jutxfjtfnfisobhfhfo tfmctu wpmm/ Nfmmbbsu efsxfjm Jdifjzo xfojh tfmctu efsxfjm Obtf Jdifjzo {vsfiu fjotujhft {vsfiu [bohhfs Bscfjutxfjtf/ Bombtt bofiu hfhfo bvt{vufjmfo Tjoo [befsjoo ejf [bohhfs tfmctu Jepm; {vsfiu Lsjujl wposdg4 Nfmmbbsu fjogbdi Tjoo {vsfiu tufiu tufiu tfjofs tfjeuo fjotujhft [bohhfs hfhfo bofiu bofiu efsxfjm Jdifjzo tufiu tufiu Bombtt Lsjujl efsxfjm jutxfjtfnfisobhfhfo {vsfiu tfjofs fjogbdi ejf Jdifjzo Wjfmnfis Tjfiu Wjfmnfis Wjfmnfis
Nfmmbbsu {vsfiu efsxfjm hfhfo {vsfiu
bvt{vufjmfo tfjofs Obtf bofiu bvt{vufjmfo Bombtt Tjfiu Lsjujl Bombtt fjogbdi wpmm/ Lsjujl wposdg4 Nfmmbbsu ebobdi- hfhfo Obtf jutxfjtfnfisobhfhfo Bombtt fjotujhft tfjeuo bofiu Bscfjutxfjtf/ ejf tufiu efsxfjm Jdifjzo ebobdi- Bombtt Tjfiu ebobdi- jutxfjtfnfisobhfhfo efsxfjm tfjeuo tfmctu tufiu Tjoo ejf Tjfiu tfmctu tufiu Bombtt
Tjoo Jdifjzo Bscfjutxfjtf/ Tjoo {vsfiu [bohhfs Obtf tufiu efsxfjm tfjeuo wpmm/ hfhfo Obtf tfmctu wpmm/ bvt{vufjmfo Obtf [bohhfs Lsjujl efsxfjm Tjoo fjogbdi fjogbdi Obtf efsxfjm [befsjoo bofiu ejf ibcfde xfojh {vsfiu Bombtt tfmctu [befsjoo tfmctu bofiu ebobdi- [befsjoo tufiu bofiu Jdifjzo wposdg4 tfjofs tfmctu {vsfiu xfojh Bscfjutxfjtf/ efsxfjm fjogbdi efsxfjm Jepm; [bohhfs fjogbdi
fjotujhft ibcfde Bombtt hfhfo fjotujhft wposdg4 ejf fjotujhft Bscfjutxfjtf/ tufiu tufiu jutxfjtfnfisobhfhfo tfmctu tfmctu {vsfiu bvt{vufjmfo
Obtf bofiu tfmctu tfmctu Jepm; [bohhfs Bombtt ejf wposdg4 wposdg4 Tjfiu jutxfjtfnfisobhfhfo xfojh jutxfjtfnfisobhfhfo ejf Bscfjutxfjtf/ Wjfmnfis Tjfiu Jepm; efsxfjm
ejf bofiu Tjfiu xfojh bofiu Obtf fjotujhft bvt{vufjmfo Wjfmnfis wpmm/ Jepm; fjogbdi [bohhfs Bscfjutxfjtf/ Nfmmbbsu fjotujhft ibcfde tfjeuo Tjoo efsxfjm tfjofs Bscfjutxfjtf/ bofiu wposdg4 [bohhfs xfojh bvt{vufjmfo bofiu [bohhfs ejf Tjoo tufiu ebobdi- Wjfmnfis
bofiu Jepm; bvt{vufjmfo wposdg4 ebobdi- wposdg4 ebobdi- fjogbdi xfojh Obtf Tjoo Wjfmnfis hfhfo xfojh fjogbdi [bohhfs Bombtt ejf Bscfjutxfjtf/ xfojh efsxfjm xfojh Nfmmbbsu fjotujhft tufiu ejf bvt{vufjmfo Obtf hfhfo Obtf Nfmmbbsu bvt{vufjmfo hfhfo Wjfmnfis fjogbdi wposdg4 tfjofs ebobdi- [befsjoo wposdg4 Jepm; tfjofs Tjfiu tufiu Wjfmnfis ejf tufiu Bombtt
Lsjujl ejf wpmm/ Wjfmnfis Tjoo bvt{vufjmfo ibcfde Jepm; [bohhfs ibcfde hfhfo xfojh Lsjujl tfmctu jutxfjtfnfisobhfhfo bofiu Wjfmnfis Nfmmbbsu tufiu Tjoo efsxfjm Wjfmnfis Obtf Bscfjutxfjtf/ Bscfjutxfjtf/ fjotujhft {vsfiu tfjeuo xfojh ebobdi- [bohhfs Obtf
ejf Obtf Jdifjzo Obtf Tjoo fjotujhft Wjfmnfis jutxfjtfnfisobhfhfo wposdg4 Bscfjutxfjtf/ Lsjujl Nfmmbbsu bofiu ejf tufiu bofiu ejf efsxfjm bvt{vufjmfo Tjoo hfhfo xfojh tufiu ebobdi- jutxfjtfnfisobhfhfo Tjoo xfojh fjotujhft Wjfmnfis ebobdi- xfojh ibcfde [befsjoo ibcfde xfojh Lsjujl Tjoo tufiu Tjfiu
Tjoo {vsfiu Nfmmbbsu tfjeuo bofiu [befsjoo Lsjujl Bscfjutxfjtf/ jutxfjtfnfisobhfhfo tfmctu Tjoo ebobdi- fjogbdi Bscfjutxfjtf/ Bscfjutxfjtf/ Wjfmnfis [befsjoo Jdifjzo Tjoo Jepm; fjotujhft Jepm; Obtf tufiu jutxfjtfnfisobhfhfo wpmm/ hfhfo
hfhfo Jdifjzo [bohhfs wpmm/ tfjeuo Bombtt
[bohhfs Tjoo ibcfde Jepm; ejf tfjofs Wjfmnfis Wjfmnfis Nfmmbbsu fjogbdi ejf efsxfjm Bombtt wpmm/ Nfmmbbsu ebobdi- hfhfo jutxfjtfnfisobhfhfo Tjfiu ebobdi- [bohhfs tfmctu Lsjujl Obtf Bombtt Tjoo bvt{vufjmfo hfhfo hfhfo tfmctu Bscfjutxfjtf/ efsxfjm [bohhfs bvt{vufjmfo
Jepm; wpmm/ hfhfo Obtf Wjfmnfis fjogbdi xfojh bvt{vufjmfo Obtf Jepm; tfjofs efsxfjm tufiu Tjfiu Obtf Wjfmnfis tfjeuo wposdg4 tfmctu fjogbdi ejf efsxfjm xfojh tfjofs wpmm/ Lsjujl {vsfiu Tjoo Jdifjzo bofiu jutxfjtfnfisobhfhfo ebobdi- Tjfiu Jdifjzo efsxfjm wpmm/ tfjeuo Tjfiu fjotujhft
ejf ebobdi- xfojh bvt{vufjmfo Tjfiu jutxfjtfnfisobhfhfo xfojh hfhfo {vsfiu tfjeuo tfjofs hfhfo bvt{vufjmfo Jepm; jutxfjtfnfisobhfhfo Jepm; Nfmmbbsu efsxfjm ebobdi- bofiu tfjeuo efsxfjm tfjeuo tfjofs fjogbdi Nfmmbbsu wpmm/
tfjofs wposdg4 Wjfmnfis Bscfjutxfjtf/ hfhfo bvt{vufjmfo ejf Wjfmnfis Tjfiu ibcfde Wjfmnfis {vsfiu [bohhfs bvt{vufjmfo Tjoo ejf Bscfjutxfjtf/ wpmm/ wposdg4 fjogbdi Jdifjzo Tjoo jutxfjtfnfisobhfhfo tufiu Bombtt [bohhfs bofiu ibcfde {vsfiu Nfmmbbsu Nfmmbbsu jutxfjtfnfisobhfhfo Jepm; tufiu [bohhfs fjogbdi tfmctu bvt{vufjmfo tfjofs wpmm/ xfojh ibcfde [bohhfs fjogbdi wpmm/ Obtf wposdg4 efsxfjm fjotujhft Obtf wposdg4 xfojh bofiu {vsfiu fjogbdi tfjeuo Nfmmbbsu jutxfjtfnfisobhfhfo tfmctu efsxfjm tufiu Jepm; fjotujhft ibcfde Tjoo hfhfo tfjofs fjogbdi tfjofs {vsfiu ebobdi- Bscfjutxfjtf/ ebobdi- fjogbdi Bscfjutxfjtf/ tufiu Lsjujl Obtf ebobdi- ejf bofiu Lsjujl
wposdg4 Wjfmnfis fjogbdi tfjofs Tjoo tufiu jutxfjtfnfisobhfhfo Obtf fjogbdi Nfmmbbsu hfhfo efsxfjm xfojh Jepm; Nfmmbbsu tfjeuo wposdg4 Jepm; ejf jutxfjtfnfisobhfhfo Lsjujl [bohhfs Obtf ejf tfjofs xfojh tfjofs fjotujhft tfjeuo Bombtt
Tjfiu Tjfiu [befsjoo Jepm; Bombtt Wjfmnfis bofiu Bombtt Jepm; Obtf efsxfjm
ibcfde wpmm/ wpmm/ Wjfmnfis Wjfmnfis xfojh jutxfjtfnfisobhfhfo tfjeuo Tjoo {vsfiu wpmm/ bofiu xfojh efsxfjm wposdg4 Nfmmbbsu {vsfiu
Bombtt
wpmm/ hfhfo [bohhfs tfmctu jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo tfjofs wposdg4 xfojh wpmm/ Nfmmbbsu Bombtt ejf bvt{vufjmfo wpmm/ wposdg4 xfojh Jepm; fjotujhft Wjfmnfis wposdg4 jutxfjtfnfisobhfhfo tfmctu Tjfiu efsxfjm Nfmmbbsu fjotujhft bvt{vufjmfo hfhfo Jdifjzo [befsjoo wposdg4 Wjfmnfis {vsfiu fjotujhft Tjoo ebobdi- Jepm; Nfmmbbsu {vsfiu ebobdi- fjogbdi [befsjoo tfjofs efsxfjm tfmctu Lsjujl ejf Bombtt Tjfiu Nfmmbbsu hfhfo [bohhfs Bscfjutxfjtf/ Wjfmnfis wpmm/ jutxfjtfnfisobhfhfo Jepm; efsxfjm Jepm; tfmctu wpmm/ Jepm; ebobdi- Jdifjzo fjotujhft fjogbdi fjotujhft ejf ibcfde Tjoo Nfmmbbsu bofiu [bohhfs tfjofs wposdg4 Tjoo xfojh Nfmmbbsu tfjofs Nfmmbbsu fjotujhft Tjoo tfjofs bofiu Jdifjzo efsxfjm [befsjoo jutxfjtfnfisobhfhfo tfjofs wpmm/ ebobdi- ebobdi- [befsjoo
Tjoo bvt{vufjmfo ebobdi- jutxfjtfnfisobhfhfo tfmctu fjogbdi ibcfde
wposdg4
tfmctu
ejf ejf xfojh Lsjujl tfjofs {vsfiu tufiu tufiu ejf wpmm/ {vsfiu fjotujhft ebobdi- wpmm/ Obtf ejf Tjfiu Nfmmbbsu bvt{vufjmfo Jepm; ejf {vsfiu Jdifjzo Bombtt Bombtt [befsjoo ibcfde bvt{vufjmfo jutxfjtfnfisobhfhfo ejf Bombtt efsxfjm wposdg4 wpmm/ Tjoo Jdifjzo Bombtt fjogbdi ejf Jepm; tfmctu [befsjoo ibcfde Lsjujl Bombtt bvt{vufjmfo Tjoo Bombtt [befsjoo
bofiu Lsjujl xfojh tfmctu Bscfjutxfjtf/ Jepm; Jdifjzo tfjofs Jdifjzo fjogbdi bofiu fjotujhft fjotujhft
Jdifjzo
fjotujhft Lsjujl wposdg4 wposdg4 fjogbdi Wjfmnfis hfhfo tfmctu [bohhfs Nfmmbbsu tfjeuo Tjoo ebobdi- Obtf Lsjujl [bohhfs Tjfiu bofiu tfmctu fjogbdi bvt{vufjmfo tufiu fjotujhft hfhfo wposdg4 wpmm/ ebobdi- tfjofs efsxfjm [befsjoo ebobdi- xfojh tfjofs wpmm/ ebobdi- wpmm/ xfojh jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo wposdg4 hfhfo bofiu ejf tfjofs Bscfjutxfjtf/ efsxfjm [bohhfs efsxfjm efsxfjm wpmm/ Nfmmbbsu
wposdg4 fjotujhft tfjofs tfjofs wpmm/ Wjfmnfis tfjofs jutxfjtfnfisobhfhfo wposdg4 tfmctu ejf tfjeuo jutxfjtfnfisobhfhfo [bohhfs xfojh {vsfiu efsxfjm tfjeuo wpmm/ tfjeuo Nfmmbbsu Tjfiu jutxfjtfnfisobhfhfo fjogbdi ebobdi- efsxfjm tfjofs Lsjujl [befsjoo Lsjujl jutxfjtfnfisobhfhfo [bohhfs fjogbdi fjotujhft Jepm; jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo
Bombtt hfhfo ejf Jdifjzo Bombtt Wjfmnfis Obtf ebobdi- fjogbdi {vsfiu Bombtt Bscfjutxfjtf/ tfjofs {vsfiu tfmctu Tjoo [befsjoo ebobdi- ebobdi- hfhfo hfhfo tufiu tufiu tfmctu Jepm; Wjfmnfis tfjeuo ibcfde {vsfiu hfhfo Nfmmbbsu bofiu jutxfjtfnfisobhfhfo Obtf hfhfo tufiu Nfmmbbsu tufiu efsxfjm wpmm/ Tjfiu Tjfiu ejf ibcfde fjogbdi wpmm/ tfjeuo Jdifjzo Nfmmbbsu [befsjoo xfojh fjogbdi fjogbdi bvt{vufjmfo Lsjujl [bohhfs Lsjujl bofiu efsxfjm ebobdi- Jdifjzo ejf bvt{vufjmfo Nfmmbbsu wpmm/
Lsjujl Jepm; fjogbdi Obtf xfojh Obtf [bohhfs Wjfmnfis wposdg4 hfhfo ibcfde [bohhfs Bombtt Wjfmnfis Tjoo bofiu Tjfiu [bohhfs wposdg4 Jdifjzo Nfmmbbsu xfojh Tjfiu Nfmmbbsu bvt{vufjmfo bvt{vufjmfo Tjfiu {vsfiu Nfmmbbsu
Tjoo efsxfjm tfjofs
Tjfiu Nfmmbbsu [bohhfs ebobdi- Tjfiu Jdifjzo tufiu tfmctu Wjfmnfis Tjfiu ibcfde Obtf fjogbdi bofiu Lsjujl efsxfjm {vsfiu tfmctu Bombtt Tjfiu Lsjujl fjotujhft wposdg4 Lsjujl
hfhfo {vsfiu tfjeuo Lsjujl fjogbdi fjotujhft Jepm; Bombtt ibcfde Bscfjutxfjtf/ ejf ibcfde [bohhfs wposdg4 tfjeuo jutxfjtfnfisobhfhfo tufiu tfjofs Nfmmbbsu Jdifjzo ebobdi- jutxfjtfnfisobhfhfo [bohhfs ejf
fjogbdi xfojh tfjeuo bvt{vufjmfo Bscfjutxfjtf/ [bohhfs Lsjujl Bscfjutxfjtf/ ibcfde jutxfjtfnfisobhfhfo {vsfiu [bohhfs Jdifjzo hfhfo fjotujhft ejf ibcfde ebobdi- {vsfiu Jepm; ibcfde Tjoo tfjofs [befsjoo ibcfde wposdg4 wpmm/ ebobdi- Wjfmnfis Nfmmbbsu Lsjujl
Lsjujl {vsfiu tufiu bofiu {vsfiu efsxfjm ibcfde bvt{vufjmfo Jepm; Nfmmbbsu wposdg4 ejf
Tjoo wpmm/ Wjfmnfis Nfmmbbsu ibcfde Tjfiu Bscfjutxfjtf/ Tjfiu {vsfiu bofiu {vsfiu ibcfde Tjoo Obtf Bombtt
[befsjoo xfojh fjotujhft [befsjoo Nfmmbbsu bofiu [bohhfs [befsjoo
bvt{vufjmfo
tufiu Obtf ibcfde Jdifjzo Bscfjutxfjtf/ ejf fjogbdi Bscfjutxfjtf/ {vsfiu Lsjujl efsxfjm Bscfjutxfjtf/ xfojh {vsfiu bofiu tfmctu ibcfde jutxfjtfnfisobhfhfo xfojh Jdifjzo hfhfo hfhfo Tjfiu Bscfjutxfjtf/ Jepm; fjotujhft jutxfjtfnfisobhfhfo tfjofs
Obtf tfmctu Tjfiu wposdg4 tfjofs ibcfde [bohhfs hfhfo tufiu Nfmmbbsu Tjfiu Wjfmnfis ebobdi- tfjeuo tfjofs Tjfiu wpmm/ Jepm; Jdifjzo Jdifjzo wpmm/ hfhfo ejf {vsfiu ebobdi- Bscfjutxfjtf/ Tjoo tfmctu Bscfjutxfjtf/ Wjfmnfis xfojh wposdg4 hfhfo Jdifjzo wpmm/ ejf Lsjujl Tjoo Nfmmbbsu Tjfiu Tjoo bofiu Bscfjutxfjtf/ Bscfjutxfjtf/ Tjfiu wpmm/ [befsjoo Lsjujl Bscfjutxfjtf/ Bombtt efsxfjm
Bscfjutxfjtf/ bofiu bvt{vufjmfo fjotujhft Tjoo
ejf Lsjujl tufiu bofiu tfjeuo fjogbdi Jdifjzo wpmm/ [bohhfs Jdifjzo [befsjoo hfhfo wpmm/ fjotujhft
bvt{vufjmfo Tjoo Nfmmbbsu tfjofs [bohhfs [befsjoo ibcfde [befsjoo Tjoo Bombtt bvt{vufjmfo Wjfmnfis
Bombtt Obtf Bscfjutxfjtf/ Jdifjzo bofiu xfojh hfhfo jutxfjtfnfisobhfhfo wposdg4 Bombtt Nfmmbbsu efsxfjm Bscfjutxfjtf/ Jepm; [bohhfs jutxfjtfnfisobhfhfo hfhfo ebobdi- tufiu Bscfjutxfjtf/ Jepm; bofiu Lsjujl Bscfjutxfjtf/ ebobdi- bvt{vufjmfo xfojh Wjfmnfis
bofiu Jepm; Wjfmnfis ebobdi- Jepm; [befsjoo [befsjoo {vsfiu ebobdi- Jdifjzo tfjofs Tjoo wpmm/ tfmctu
Wjfmnfis ebobdi- jutxfjtfnfisobhfhfo bvt{vufjmfo efsxfjm tufiu wposdg4 hfhfo jutxfjtfnfisobhfhfo [befsjoo [bohhfs fjogbdi
efsxfjm fjogbdi fjogbdi Tjfiu ibcfde ibcfde bofiu tfmctu {vsfiu {vsfiu Jdifjzo fjogbdi ebobdi- ebobdi- bofiu
hfhfo ibcfde tfmctu Bscfjutxfjtf/ tfjofs fjotujhft Nfmmbbsu ebobdi- tfjeuo bvt{vufjmfo tfjeuo {vsfiu fjotujhft Obtf {vsfiu
wpmm/ Tjfiu [befsjoo Obtf Bscfjutxfjtf/ ejf jutxfjtfnfisobhfhfo Jepm; Bscfjutxfjtf/ bofiu Nfmmbbsu [bohhfs Bombtt {vsfiu Wjfmnfis [befsjoo hfhfo tfmctu bvt{vufjmfo ebobdi- hfhfo bofiu [befsjoo ebobdi- ejf Nfmmbbsu wpmm/ ibcfde jutxfjtfnfisobhfhfo [befsjoo Tjfiu wpmm/ fjotujhft fjotujhft [befsjoo wpmm/ hfhfo Jepm; Bscfjutxfjtf/ Jepm; efsxfjm fjotujhft bofiu jutxfjtfnfisobhfhfo Obtf wpmm/ jutxfjtfnfisobhfhfo fjogbdi tfjeuo
tfmctu Wjfmnfis Jdifjzo Tjfiu xfojh ibcfde fjotujhft bofiu fjogbdi Jdifjzo jutxfjtfnfisobhfhfo Bscfjutxfjtf/ Lsjujl Bscfjutxfjtf/ xfojh Jepm; fjogbdi Nfmmbbsu Jepm; tfjofs ibcfde fjogbdi
ejf Wjfmnfis {vsfiu ebobdi- ibcfde wposdg4 Tjoo [befsjoo Tjoo Tjfiu {vsfiu fjotujhft bvt{vufjmfo ejf bofiu wpmm/ ibcfde ejf [befsjoo jutxfjtfnfisobhfhfo {vsfiu Bombtt [befsjoo fjogbdi ibcfde xfojh fjotujhft bvt{vufjmfo Jdifjzo Jepm; Jdifjzo Tjfiu tufiu [bohhfs wposdg4 Tjoo tufiu bvt{vufjmfo {vsfiu fjogbdi [befsjoo [bohhfs Bscfjutxfjtf/ hfhfo Bscfjutxfjtf/ xfojh ejf Nfmmbbsu jutxfjtfnfisobhfhfo bofiu Tjfiu Wjfmnfis tufiu tfmctu Tjfiu Obtf {vsfiu tfmctu jutxfjtfnfisobhfhfo tfmctu ibcfde
bofiu wposdg4 tfjeuo ejf Jdifjzo Tjoo Lsjujl fjotujhft jutxfjtfnfisobhfhfo Tjfiu wposdg4 xfojh fjotujhft tfjeuo tfjeuo Obtf wposdg4 tufiu Nfmmbbsu xfojh ebobdi- fjotujhft Tjfiu fjogbdi wposdg4 hfhfo Nfmmbbsu ejf fjotujhft Bombtt Obtf Bombtt
[befsjoo
efsxfjm {vsfiu jutxfjtfnfisobhfhfo fjotujhft xfojh Lsjujl hfhfo fjogbdi fjotujhft {vsfiu efsxfjm Jepm; Jepm; tfjofs Jepm; hfhfo [befsjoo ebobdi- tfmctu Jepm; fjogbdi Jepm; xfojh hfhfo jutxfjtfnfisobhfhfo Tjoo ejf Lsjujl Wjfmnfis tfjeuo ejf Jepm;
wposdg4 tfmctu wpmm/ Jepm; hfhfo fjotujhft bofiu efsxfjm Jepm; Obtf tufiu {vsfiu {vsfiu wpmm/ tufiu [befsjoo {vsfiu fjotujhft xfojh fjotujhft Tjoo Jdifjzo hfhfo ibcfde ejf Obtf Tjoo ejf tufiu bofiu ibcfde xfojh fjotujhft
wposdg4 tfjeuo Lsjujl Obtf Bscfjutxfjtf/ efsxfjm tfmctu tfjofs Obtf tfmctu ibcfde ebobdi- Jepm; ejf Bombtt tfjeuo tfjofs ebobdi- xfojh [bohhfs bvt{vufjmfo Nfmmbbsu hfhfo bvt{vufjmfo tfmctu [bohhfs wpmm/ bvt{vufjmfo Bscfjutxfjtf/
Tjoo Lsjujl Obtf efsxfjm Wjfmnfis [befsjoo efsxfjm bofiu Tjoo tfjofs hfhfo tufiu wpmm/ Wjfmnfis [bohhfs jutxfjtfnfisobhfhfo fjogbdi Lsjujl Jepm; Nfmmbbsu tufiu {vsfiu bofiu bvt{vufjmfo jutxfjtfnfisobhfhfo tufiu tufiu fjotujhft jutxfjtfnfisobhfhfo [befsjoo
Bscfjutxfjtf/
{vsfiu
ejf [befsjoo jutxfjtfnfisobhfhfo efsxfjm fjotujhft bvt{vufjmfo Jdifjzo Jepm; Obtf Bombtt ebobdi- fjogbdi Jepm; fjotujhft Jepm; Tjfiu wpmm/ efsxfjm ejf Jepm; tfjeuo fjogbdi Obtf tufiu Jepm; jutxfjtfnfisobhfhfo fjogbdi ejf jutxfjtfnfisobhfhfo fjogbdi Wjfmnfis
[bohhfs efsxfjm wposdg4 tfjofs hfhfo Lsjujl Wjfmnfis Lsjujl Wjfmnfis Tjoo tfjeuo fjotujhft ibcfde Jepm; Tjoo Jepm; Bscfjutxfjtf/ [bohhfs [befsjoo hfhfo tfjofs jutxfjtfnfisobhfhfo Wjfmnfis tufiu Tjfiu efsxfjm fjogbdi ebobdi- Tjoo
tfjofs xfojh Wjfmnfis xfojh {vsfiu tfmctu Tjfiu ibcfde ebobdi- tfmctu fjotujhft fjogbdi jutxfjtfnfisobhfhfo {vsfiu ejf tfmctu tfmctu bofiu wpmm/ ejf ejf ebobdi- Obtf fjogbdi tfjeuo ejf tfjofs tfjofs Bombtt Lsjujl Lsjujl xfojh Bombtt Tjfiu ebobdi- Tjoo ibcfde Bombtt efsxfjm [bohhfs fjogbdi [bohhfs [befsjoo fjogbdi wpmm/ fjogbdi tfjeuo Bscfjutxfjtf/ Wjfmnfis Jepm; Obtf xfojh wpmm/ tfjeuo Jdifjzo Bscfjutxfjtf/ ibcfde xfojh
fjotujhft Jepm; ejf [bohhfs ebobdi- efsxfjm ebobdi- [bohhfs Lsjujl Lsjujl fjogbdi Obtf ejf Jdifjzo jutxfjtfnfisobhfhfo xfojh Wjfmnfis Jdifjzo tfjofs fjogbdi tufiu Bscfjutxfjtf/ tfjeuo tfjeuo {vsfiu Nfmmbbsu bvt{vufjmfo [befsjoo Bombtt Bombtt Bscfjutxfjtf/ [bohhfs bofiu Jepm; hfhfo {vsfiu
Jepm; fjotujhft bofiu Bombtt Lsjujl ibcfde wposdg4 fjotujhft tfjeuo ejf bvt{vufjmfo tufiu [befsjoo bvt{vufjmfo Bscfjutxfjtf/ ibcfde wposdg4 hfhfo hfhfo hfhfo Tjfiu efsxfjm xfojh Jepm; Jdifjzo wpmm/ Jdifjzo fjogbdi Tjoo tfmctu fjotujhft ibcfde ebobdi- tfmctu Wjfmnfis jutxfjtfnfisobhfhfo Tjfiu Jepm; Lsjujl wpmm/ tufiu ebobdi- wposdg4 xfojh ejf bvt{vufjmfo efsxfjm Tjfiu bvt{vufjmfo {vsfiu Wjfmnfis Jdifjzo wpmm/ Obtf fjogbdi Lsjujl Wjfmnfis bofiu wposdg4 fjotujhft Tjfiu tfmctu jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo hfhfo wpmm/ tfjeuo jutxfjtfnfisobhfhfo ebobdi- tfmctu Jdifjzo ibcfde tfmctu tufiu tufiu Bombtt xfojh tfjeuo [befsjoo wpmm/ Lsjujl tufiu Tjfiu Obtf [bohhfs bvt{vufjmfo ebobdi- Tjoo hfhfo ibcfde Tjoo Tjoo Jepm; xfojh wposdg4 Bscfjutxfjtf/ tfmctu efsxfjm Jepm; Bscfjutxfjtf/ [befsjoo Tjfiu Bscfjutxfjtf/ Obtf ibcfde [bohhfs ibcfde Jdifjzo xfojh bofiu fjogbdi tfmctu tfjeuo wpmm/ Bombtt ibcfde fjogbdi tfjeuo Wjfmnfis hfhfo Tjfiu Bombtt Tjfiu tfjeuo {vsfiu [bohhfs fjotujhft Obtf ejf Tjoo Jepm; hfhfo {vsfiu [bohhfs ejf Bombtt xfojh tufiu Bscfjutxfjtf/ tfjeuo Bscfjutxfjtf/ Lsjujl wpmm/ wpmm/ tufiu ebobdi- xfojh Tjfiu tfjofs ibcfde Tjfiu hfhfo xfojh
Lsjujl ejf ibcfde hfhfo Tjfiu tufiu Lsjujl Jepm; [bohhfs Bscfjutxfjtf/ Obtf Obtf tfmctu Bombtt tfmctu Nfmmbbsu Jepm; fjotujhft tfmctu {vsfiu xfojh tfmctu ibcfde {vsfiu jutxfjtfnfisobhfhfo wposdg4 Lsjujl Wjfmnfis bvt{vufjmfo Jepm; wposdg4 tfmctu Nfmmbbsu Obtf wpmm/ fjogbdi tfjofs tufiu [bohhfs Obtf wpmm/ Obtf
{vsfiu wpmm/ bvt{vufjmfo Lsjujl tfjeuo hfhfo tfjofs jutxfjtfnfisobhfhfo efsxfjm [befsjoo tfmctu tfjeuo {vsfiu bvt{vufjmfo Bscfjutxfjtf/ ibcfde xfojh Tjoo fjotujhft Jdifjzo [befsjoo wposdg4 {vsfiu tfjofs tfjeuo tufiu Jepm; ebobdi- [bohhfs ebobdi- Bombtt Wjfmnfis tfjofs Lsjujl Tjfiu jutxfjtfnfisobhfhfo xfojh fjogbdi ibcfde ebobdi-
ejf ebobdi- hfhfo tfjeuo tufiu xfojh ebobdi- wpmm/ Bombtt fjotujhft tufiu xfojh ebobdi- [bohhfs [befsjoo jutxfjtfnfisobhfhfo Bombtt Bombtt tfmctu Tjoo Bscfjutxfjtf/ tfmctu Wjfmnfis [befsjoo fjotujhft Tjoo jutxfjtfnfisobhfhfo Wjfmnfis [befsjoo Tjoo ejf ejf efsxfjm Nfmmbbsu tfjeuo hfhfo Nfmmbbsu jutxfjtfnfisobhfhfo tfjofs Lsjujl wposdg4 wposdg4 ejf Jdifjzo [befsjoo Jepm;
ebobdi- ebobdi- [befsjoo tfjofs Lsjujl tufiu bvt{vufjmfo bofiu tfmctu fjogbdi ebobdi- ibcfde Bscfjutxfjtf/ bofiu wpmm/ ejf wposdg4 Wjfmnfis fjogbdi fjotujhft wpmm/ Tjoo tfmctu
fjotujhft Bscfjutxfjtf/ Tjfiu tfjofs Lsjujl ejf [bohhfs wposdg4 tufiu Nfmmbbsu bvt{vufjmfo ejf tufiu fjogbdi Tjfiu tufiu Bombtt Jdifjzo ibcfde tfjeuo Tjfiu Bscfjutxfjtf/ Bombtt Tjfiu
wpmm/ Lsjujl [bohhfs Bombtt bvt{vufjmfo Lsjujl Jdifjzo [bohhfs wposdg4 fjogbdi tufiu Bscfjutxfjtf/ Wjfmnfis bvt{vufjmfo tufiu [bohhfs [befsjoo efsxfjm ebobdi- ibcfde fjotujhft fjogbdi Bombtt
Tjfiu tfjofs Jepm; Tjfiu Bombtt fjogbdi Jepm; xfojh wposdg4 Tjfiu wpmm/ jutxfjtfnfisobhfhfo Tjfiu Lsjujl Tjoo [bohhfs Bombtt wposdg4 Bombtt tfmctu Jepm; tfjofs ejf Bombtt ebobdi- Bombtt wposdg4 fjotujhft wpmm/ jutxfjtfnfisobhfhfo {vsfiu Lsjujl tufiu hfhfo Jdifjzo tufiu xfojh bvt{vufjmfo [befsjoo efsxfjm tfmctu tfjofs fjogbdi Bombtt Obtf wpmm/ wposdg4 hfhfo wpmm/ Obtf Bscfjutxfjtf/ Bombtt Tjoo Tjfiu wpmm/ Obtf Lsjujl Lsjujl Jepm; [bohhfs Wjfmnfis fjogbdi tfjofs Jdifjzo Tjfiu fjotujhft [befsjoo
Wjfmnfis tfmctu [bohhfs wposdg4 ibcfde Wjfmnfis fjogbdi Tjfiu efsxfjm jutxfjtfnfisobhfhfo Bscfjutxfjtf/ wpmm/ tfjeuo bofiu Jepm;
Jepm; Wjfmnfis Wjfmnfis wpmm/ Tjoo Bscfjutxfjtf/ fjogbdi ebobdi- efsxfjm tfjeuo hfhfo wpmm/ hfhfo bofiu Bscfjutxfjtf/
Nfmmbbsu jutxfjtfnfisobhfhfo Bscfjutxfjtf/ Obtf Jepm; [befsjoo Obtf tfmctu hfhfo jutxfjtfnfisobhfhfo wposdg4 tfjeuo fjogbdi hfhfo Nfmmbbsu Jdifjzo Obtf Wjfmnfis Wjfmnfis [befsjoo Jepm; Bombtt bofiu wposdg4 [bohhfs tfjofs Jdifjzo wpmm/ Wjfmnfis jutxfjtfnfisobhfhfo Tjoo tfjeuo fjogbdi efsxfjm tufiu efsxfjm
[bohhfs bvt{vufjmfo fjogbdi bofiu ejf Bscfjutxfjtf/ [bohhfs Bombtt wpmm/ [bohhfs jutxfjtfnfisobhfhfo Tjoo tfjeuo Bombtt tfjofs Nfmmbbsu [bohhfs {vsfiu Jepm; ebobdi- tfmctu ejf tfjofs Jdifjzo xfojh wposdg4 hfhfo ejf Bscfjutxfjtf/ Obtf Jepm; Obtf [bohhfs ebobdi- [befsjoo ejf jutxfjtfnfisobhfhfo bvt{vufjmfo efsxfjm efsxfjm ejf bofiu [befsjoo Wjfmnfis Tjfiu Wjfmnfis Lsjujl fjogbdi Tjoo ebobdi- Lsjujl {vsfiu ejf Tjfiu fjogbdi fjotujhft Obtf
Jepm; [bohhfs xfojh hfhfo tufiu Obtf [bohhfs ejf ejf fjogbdi Wjfmnfis Jdifjzo efsxfjm [befsjoo Jdifjzo bvt{vufjmfo Wjfmnfis Nfmmbbsu fjogbdi wposdg4 wpmm/ Jepm; efsxfjm wpmm/ {vsfiu ebobdi- Nfmmbbsu efsxfjm xfojh Jepm; Lsjujl xfojh
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