Assembly competitions

I have been in a couple of Assembly competitions recently on a private forum. They have been very interesting, one in particular was to create the smallest PE file (Windows executable) that displays the message "ADZ" in a graphical message box i.e use of user32.MessageBoxA() and must exit without an exception. I am currently in first position with 109 bytes! So its a challenge to any reverse engineering experts to try and beat that ;) I will be posting my solution and analysis once of the competition ends, which is in about 5 days. Here is a useful resource to get you started:

http://www.phreedom.org/solar/code/tinype/

EDIT: Well 109 bytes was a clear winner :) If anyone got smaller don't hesitate to let us know! Here is my bytecode:

4D 5A CC CC 50 45 00 00 4C 01 01 00 68 21 00 40
00 E8 65 1D 40 7C EB 2D 04 00 03 01 0B 01 08 00
04 75 73 65 72 33 32 00 04 00 00 00 0C 00 00 00
04 00 00 00 0C 00 00 00 00 00 40 00 04 00 00 00
04 00 00 00 04 6A 30 EB 05 41 44 5A 04 00 68 6A
00 40 00 EB 01 CC EB 01 88 68 6A 00 40 00 EB 02
02 00 6A 00 E8 81 07 05 7E C3 53 41 46