| 5.__Publications, radio, television or other electronic |
| communications.__An offer to sell or to purchase a security is |
| not made in this State when a publisher circulates or there is |
| circulated on the publisher's behalf in this State a bona fide |
| newspaper or other publication of general, regular and paid |
| circulation that is not published in this State or that is |
| published in this State but has had more than 2/3 of its |
| circulation outside this State during the previous 12 months or |
| when a radio or television program or other electronic |
| communication, except specifically addressed electronic mail or |
| messaging, originating outside this State is received in this |
| State.__A radio or television program or other electronic |
| communication is considered as having originated in this State if |
| either the broadcast studio or the originating source of |
| transmission is located in this State, unless: |