![]() ![]() Cash or Deferred Profit Sharing Plan and Trust (the "401(k) Plan") purchased shares of common stock which exceeded the number of 401(k) Plan Shares covered by the Company's registration statement. Sometime after June 1998, participants in the Hughes Supply, Inc. Unless otherwise noted, each defined term in this letter has the same meaning as defined in your letter. We have attached a copy of your letter to avoid reciting the facts that it presents. ("Hughes Supply" or the "Company") an exemption from Rule 102 of Regulation M to allow the Company to bid for rescission shares while it continues to offer its shares to the public. In your letter dated October 4, 2004, as supplemented by conversations with the staff, you request on behalf of Hughes Supply, Inc. Hughes Supply, Inc., Rescission Offer: No-Action Letter dated October 4, 2004
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