Note 7. Operating Expenses

($ Millions)	2007			2006
Investment:
Administration	$	32		$	26
External investment fees		15			17
Legal, actuarial and other professional fees*		3			2
Custodial		2			2
		52			47
Plan:
Administration		37			33
Legal, actuarial and other professional fees*		11			11
		48			44
	$	100		$	91

* Includes fees paid or due to the auditors pertaining to statutory audit fees of
$295,000 [2006:$295,000] and audit-related fees of $108,000 [2006:$20,000]